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CALAX Lord Abbett CA Tax-Free Income C

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Fund CALAX Lord Abbett CA Tax-Free Income C BCHYX American Century CA Hi-Yld Muni Inv  
100% 92%
Annual Fees
(1.44% Exp. Ratio)
(0.50% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 2.08% annual return
$11,986.13 $15,934.95
Est. savings over 30 yrs +$3,948.82
As of 9/30/16
1 YR RETURN 7.21%
3 YR 6.85%
5 YR 5.80%
10 YR 3.90%
1 YR RETURN 9.01%
3 YR 8.47%
5 YR 6.89%
10 YR 5.23%
The investment seeks the maximum amount of interest income exempt from federal income tax as is consistent with reasonable risk. In pursuing its investment objective, the fund uses the volatility of the Barclays Municipal Bond Index as an approximation of reasonable risk. To pursue its investment objective, under normal conditions, it invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in municipal bonds that pay interest exempt from federal income tax and California personal income tax. The fund is non-diversified.
The investment seeks high current income that is exempt from federal and California income taxes. The fund invests at least 80% of the fund's net assets in municipal securities with income payments exempt from federal and California income taxes. It invests in California municipal and other debt securities with an emphasis on high-yield securities. A high-yield security is one that has been rated below investment-grade, or determined by the investment advisor to be of similar quality. The portfolio managers also may buy unrated securities if they determine such securities meet the investment objectives of the fund. The fund 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.

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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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