California Intermediate Term Tax Free Fund Equity Positions Weight
| BCITX Fund | USD 11.20 0.02 0.18% |
California Intermediate Term Tax Free fundamentals help investors to digest information that contributes to California Intermediate's financial success or failures. It also enables traders to predict the movement of California Mutual Fund. The fundamental analysis module provides a way to measure California Intermediate's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to California Intermediate mutual fund.
California |
California Intermediate Term Tax Free Mutual Fund Equity Positions Weight Analysis
California Intermediate's Percentage of fund asset invested in equity instruments. About 80% of global funds and ETFs carry equity instruments on their balance sheet.
More About Equity Positions Weight | All Equity Analysis
Stock Percentage | = | % of Equities | in the fund |
Funds with most asset allocated to stocks can be subclassified into many different categories such as market capitalization or investment style.
| Competition |
According to the company disclosure, California Intermediate Term Tax Free has an Equity Positions Weight of 0.0%. This is 100.0% lower than that of the American Century Investments family and about the same as Muni California Intermediate (which currently averages 0.0) category. This indicator is about the same for all United States funds average (which is currently at 0.0).
California Equity Positions Weight Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses California Intermediate's direct or indirect competition against its Equity Positions Weight to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of California Intermediate could also be used in its relative valuation, which is a method of valuing California Intermediate by comparing valuation metrics of similar companies.California Intermediate is currently under evaluation in equity positions weight among similar funds.
Fund Asset Allocation for California Intermediate
The fund invests most of its asset in various types of exotic instruments. .Asset allocation divides California Intermediate's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
California Fundamentals
| Total Asset | 698.93 M | ||||
| Annual Yield | 0.01 % | ||||
| Year To Date Return | 2.25 % | ||||
| One Year Return | 3.40 % | ||||
| Three Year Return | (0.04) % | ||||
| Five Year Return | 0.95 % | ||||
| Ten Year Return | 3.36 % | ||||
| Net Asset | 2.02 B | ||||
| Last Dividend Paid | 0.02 | ||||
| Cash Position Weight | 0.86 % | ||||
| Bond Positions Weight | 0.13 % |
About California Intermediate Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze California Intermediate Term Tax Free's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of California Intermediate using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of California Intermediate Term Tax Free based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in California Mutual Fund
California Intermediate 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 Intermediate security.
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Insider Screener Find insiders across different sectors to evaluate their impact on performance | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules |