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ALTAX American Century CA Long-Term T/F A

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Fund ALTAX American Century CA Long-Term T/F A VCITX Vanguard CA Long-Term Tax-Exempt Inv PWZ PowerShares Calif AMT-Free Muni Bd ETF  
100% 98% 93%
Annual Fees
(0.72% Exp. Ratio)
(0.20% Exp. Ratio)
(0.28% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 2.08% annual return
$14,911.16 $17,441.12 $17,026.54
Est. savings over 30 yrs +$2,529.97 +$2,115.38
As of 9/30/16
1 YR RETURN 5.92%
3 YR 5.84%
5 YR 4.97%
10 YR 4.39%
1 YR RETURN 6.99%
3 YR 7.12%
5 YR 5.84%
10 YR 4.78%
1 YR RETURN 7.50%
3 YR 7.92%
5 YR 5.79%
10 YR --
The investment seeks safety of principal and high current income that is exempt from federal and California income taxes. Under normal market conditions, the portfolio invests at least 80% of the fund's net assets in debt securities with interest payments exempt from federal and California income taxes. Cities, counties and other municipalities in California and U.S. territories, such as Puerto Rico, usually issue these securities. The fund will typically invest in California municipal securities with maturities of seven or more years. It will maintain a weighted average maturity of ten or more years.
The investment seeks to provide current income that is exempt from both federal and California personal income taxes. 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 10 and 25 years. The fund is non-diversified.
The investment seeks investment results that generally correspond (before fees and expenses) to the price and yield of the BofA Merrill Lynch California Long-Term Core Plus Municipal Securities Index. The fund generally will invest at least 80% of its total assets in municipal securities that comprise the underlying index and that also are exempt from the federal AMT. The underlying index is composed of U.S. dollar-denominated, investment grade, tax-exempt debt publicly issued by California or any U.S. territory or their political subdivisions, in the U.S. domestic market with a term of at least 15 years remaining to final maturity. It is non-diversified.

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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.

The best choice is based on a combined analysis of lowest fees and highest similarity to the original fund.


FeeX's similarity algorithm analyzes over 15 investment characteristics like investment category, asset allocation, strategy, geographical allocation and more. FeeX gives each its own weight and calculates the similarity of any two investments based on a scale of 0 to 100%. Funds with a similarity ranking of 85% and higher are considered "similar".

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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