Description: The fund is an actively managed exchange-traded fund ("ETF") that seeks income exempt from U.S. federal and California state income tax by investing in California municipal bonds. Under normal circumstances, the fund will invest at least 80% of its net assets, plus borrowings for investment purposes, in debt securities whose interest is, in the opinion of bond counsel for the issuer at the time of issuance and under current tax law, exempt from regular U.S. federal income tax and California state income tax. The fund is non-diversified.
Exchange: NYSE ARCA
Country: US : United States of America
Currency: US Dollar ($)
Category: Muni California Intermediate
Asset Allocation | |||
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Asset Class | Long % | Short % | Net Assets |
Bond | 105.37 | 0.00 | 105.37 |
Cash | 0.00 | 5.38 | -5.37 |
Sector Weights | ||
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Sector | Equity % | Relative to Category |
World Regions | ||
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Region | Equity % | Relative to Category |