Description: The investment seeks to provide current income that is exempt from regular federal income taxes and California income taxes, and its secondary objective is long-term capital appreciation. The fund seeks to achieve its investment objectives by investing at least 80% of its net assets (including investment borrowings) in municipal debt securities that pay interest that is exempt from regular federal income taxes and California income taxes. It will invest no more than 50% of its net assets in Municipal Securities that are, at the time of investment, not investment grade, commonly referred to as high yield or junk bonds.
Exchange: NASDAQ
Country: US
Currency: US Dollar ($)
Category: Muni California Long
Asset Allocation | |||
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Asset Class | Long % | Short % | Net Assets |
Bond | 109.41 | 11.31 | 98.11 |
Cash | 1.89 | 0.00 | 1.89 |
Sector Weights | ||
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Sector | Equity % | Relative to Category |
World Regions | ||
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Region | Equity % | Relative to Category |