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CFNTX Shelton California Tax-Free Income

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Fund CFNTX Shelton California Tax-Free Income VCAIX Vanguard CA Interm-Term Tax-Exempt Inv BCITX American Century CA Interm-T T-Fr Bd Inv  
100% 87% 86%
Annual Fees
(0.71% Exp. Ratio)
(0.20% Exp. Ratio)
(0.47% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 2.04% annual return
$14,816.69 $17,278.35 $15,929.64
Est. savings over 30 yrs +$2,461.65 +$1,112.95
As of 9/30/16
1 YR RETURN 3.75%
3 YR 3.97%
5 YR 3.70%
10 YR 3.78%
1 YR RETURN 4.89%
3 YR 4.99%
5 YR 4.55%
10 YR 4.40%
1 YR RETURN 4.50%
3 YR 4.19%
5 YR 3.81%
10 YR 4.13%
The investment seeks high current tax-free income for California residents. Under normal market conditions, it is the fund's fundamental policy to invest at least 80% of its total assets (which includes the amount of any borrowings for investment purposes) in California municipal bonds, but as a general rule, the percentage is much higher. The fund's duration typically ranges from four to twelve years. It is non-diversified.
The investment seeks to provide a higher level of current income than shorter-term bonds, but with less share-price fluctuation than longer-term bonds. The fund invests primarily in high-quality municipal bonds issued by California state and local governments, as well as by regional governmental and public financing authorities. At least 80% of its assets will be invested in securities whose income is exempt from federal and California state taxes. Although the fund has no limitations on the maturities of individual securities, its dollar-weighted average maturity is expected to be between 6 and 12 years. The fund is non-diversified.
The investment seeks safety of principal and high current income that is exempt from federal and California income taxes. The fund primarily invests in investment-grade debt securities and, under normal market conditions, will invest at least 80% of the fund's net assets in debt securities that have interest payments exempt from federal and California income taxes. Cities, counties and other municipalities in California and U.S. territories, such as Puerto Rico, issue these securities. The fund's weighted average maturity will be not less than three years nor more than ten years. However, there is no maturity limit on individual securities.

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The fees, balance and savings information above are estimated numbers, based on the data FeeX had at the day of publication, but may not be accurate due to incomplete or erroneous data.

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Yes, funds and ETFs charge fees

Deep within every fund you own lies a hidden fee called expense ratio. It takes away a set % of your savings each and every year. It can often be easily reduced by switching to similar investments with lower expense ratios.


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