Morgan Stanley CA Tax-Free Income B
522 Fifth Avenue Jersey City NJ 07311
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Phone: 800-869-6397
| Category: | Muni California Long | | Fund Family: | Morgan Stanley | | Net Assets: | 328.81M | | Year-to-Date Return: | 0.53% | | Yield: | 4.19% | | Morningstar Rating: |  | | Fund Inception Date: | 11-Jul-84 |
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Steven K. Kreider
Lead Manager since
30-Sep-07 | | | Kreider is a managing director and portfolio manager of MSIM. Kreider joined Morgan Stanley in 1988 and has been a portfolio manager since 1992. Kreider holds the Chartered Financial Analyst designatioin. |
| Min Initial Investment: | $1,000 | | Min Initial Investment, IRA: | $0 | | Min Initial Investment, AIP: | $100 | | Min Subsequent Investment: | $100 | | Min Subsequent Investment, IRA: | $0 | | Min Subsequent Investment, AIP: | $100 |
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| The investment seeks to provide a high level of current income exempt from federal and California income tax, consistent with the preservation of capital. The fund normally invests at least 80% of total assets in securities that pay interest exempt from federal and California state income taxes. It may invest up to 20% of total assets in taxable money market instruments, tax-exempt securities of other states and municipalities, and securities that pay interest income subject to the "alternative minimum tax". The fund may also invest up to 15% of total assets in inverse floating rate municipal obligations. |
| Last Dividend
(28-May-08):
| 0.04 | | Last Cap Gain
(31-Dec-07):
| 0.01 | | Annual Holdings Turnover
| 5.00% | | Average for Category:
| 30.86% |
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| Expense | CLFBX | Category
Avg | | Total Expense Ratio: | 0.81%
| 1.13% | | Max 12b1 Fee: | 0.21%
| N/A | | Max Front End Sales Load: | 0.00%
| 4.22% | | Max Deferred Sales Load: | 5.00%
| 2.62% | | 3 Yr Expense Projection*: |
$622 | $596 | | 5 Yr Expense Projection*: |
$758 | $859 | | 10 Yr Expense Projection*: |
$1,236 | $1,611 |
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0.65% Nasdaq 
0.27%
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