DWS California Tax-Free Income A 345 Park Avenue Chicago IL 60606 Map
Phone: 800-621-1048
| Category: | Muni California Long | | Fund Family: | DWS-Scudder | | Net Assets: | 499.34M | | Year-to-Date Return: | -0.59% | | Yield: | 4.34% | | Morningstar Rating: |  | | Fund Inception Date: | 17-Feb-83 |
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Matthew Caggiano
Lead Manager since
01-Apr-99 | | | Caggiano worked as Lead Municipal portfolio manager for insurance portfolios since 2003; portfolio manager for Scudder Managed Municipal Bond Tax Fund, Scudder California Tax-Free Income Fund and Scudder New York Tax-Free Income Fund: Boston. Caggiano Joined the Company in 1989, with experience managing and trading for Insurance portfolios since 1995; previously serving as assistant trader for tax exempt Municipal Bond funds and research assistant for Municipal Bond groupCaggiano is an CFA charter holder. |
| Min Initial Investment: | $1,000 | | Min Initial Investment, IRA: | $500 | | Min Initial Investment, AIP: | $50 | | Min Subsequent Investment: | $50 | | Min Subsequent Investment, IRA: | $50 | | Min Subsequent Investment, AIP: | $50 |
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| The investment seeks current income exempt from federal and California income taxes. The fund invests at least 80% of net assets in municipal securities whose income is free from federal and California State income tax. It may invest up to 20% of net assets in securities whose income is subject to the federal alternative minimum tax. It is nondiversified. |
| Last Dividend
(25-Jul-08):
| 0.03 | | Last Cap Gain
(28-Nov-07):
| 0.02 | | Annual Holdings Turnover
| 37.00% | | Average for Category:
| 30.23% |
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| Expense | KCTAX | Category Avg | | Total Expense Ratio: | 0.83%
| 1.13% | | Max 12b1 Fee: | 0.21%
| N/A | | Max Front End Sales Load: | 4.50%
| 4.22% | | Max Deferred Sales Load: | 0.00%
| 2.62% | | 3 Yr Expense Projection*: |
$847 | $589 | | 5 Yr Expense Projection*: |
$1,136 | $845 | | 10 Yr Expense Projection*: |
$1,958 | $1,578 |
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