California Tax Mutual Fund Money Managers
SCTAX Fund | USD 10.54 0.03 0.29% |
Break down of California Tax's management performance can provide insight into the fund's overall performance. Note that fund manager's attribution analysis is becoming a valuable factor that both investors and analysts use to determine the amount of risk that may be associated with California Tax's future under-performance.
California |
Symbol | SCTAX |
Name | California Tax Free Fund |
Type | Mutual Fund |
Country | United States |
Exchange | NMFQS |
Information on California Tax Free Fund Leadership is currently not available.
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California Tax Net Asset Comparison
California Tax Free Fund is rated top fund in net asset among similar funds. Total Asset Under Management (AUM) of Muni California Long category is currently estimated at about 108.35 Billion. California Tax maintains roughly 757.23 Million in net asset contributing less than 1% to funds under Muni California Long category.
California Tax Free Benchmark Summation
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The output start index for this execution was zero with a total number of output elements of sixty-one. California Tax Free Price Series Summation is a cross summation of California Tax price series and its benchmark/peer.
About California Tax Management Performance
The success or failure of an entity such as California Tax Free often depends on how effective the management is. California Tax management team is responsible for propelling the future growth in the right direction and administering and controlling the business activities and accounting for the results. Ineffective management usually contributes to failure in the company's future performance for all stakeholders equally, but most importantly, for investors. So it is important to measure the effectiveness of California management before purchasing its stock. In many ways, it's all about finding the answer to one important question - Are they doing the right thing right now? How would we assess whether the California management is utilizing all available resources in the best possible way? Also, how well is the company doing relative to others in its sector and the market as a whole? The answer can be found by analyzing a few important fundamental indicators such as return on assets and return on equity.
The fund invests at least 80 percent of its net assets in municipal securities whose interest is exempt from federal income tax, including federal alternative minimum tax , and California individual income tax. It invests up to 20 percent of the funds net assets in securities whose interest is subject to federal income tax. The fund invests up to 10 percent of its total assets in below investment-grade municipal securities, and invests up to 10 percent of the funds total assets in inverse floaters. It is non-diversified.
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Other Information on Investing in California Mutual Fund
California Tax financial ratios help investors to determine whether California Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in California with respect to the benefits of owning California Tax security.
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