DWS California Tax-Free Income Instl (DCLIX)
| Fund Assets | n/a |
| Expense Ratio | 0.57% |
| Min. Investment | $1,000,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.22 |
| Dividend Yield | 3.41% |
| Dividend Growth | 2.49% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 25, 2025 |
| Previous Close | 6.40 |
| YTD Return | -2.35% |
| 1-Year Return | 1.26% |
| 5-Year Return | n/a |
| 52-Week Low | n/a |
| 52-Week High | n/a |
| Beta (5Y) | n/a |
| Holdings | 182 |
| Inception Date | Dec 1, 2020 |
About DCLIX
The Fund's investment strategy focuses on CA Municipal Debt. The minimum amount to invest in Deutsche DWS State Tax-Free Income Series: DWS California Tax-Free Income Fund; Institutional Class Shares is $1,000,000 on a standard taxable account. Deutsche DWS State Tax-Free Income Series: DWS California Tax-Free Income Fund; Institutional Class Shares seeks a high level of current income that is exempt from California state and federal income taxes. The fund invests at least 80% of net assets, plus the amount of any borrowings for investment purposes, in securities whose income is free from regular federal and California state income tax.
Performance
DCLIX had a total return of 1.26% in the past year, including dividends. Since the fund's inception, the average annual return has been -1.01%.
Top 10 Holdings
19.14% of assets| Name | Symbol | Weight |
|---|---|---|
| M-S-R Energy Authority - M-S-R CA ENERGY AUTH GAS REVENUE | n/a | 2.58% |
| FHLMC Multifamily VRD Certificates - FEDERAL HOME LOAN MTGE CORP MF VARIABLE RATE CTFS | CA FEDMFH 2.35 12.15.2035 | 2.47% |
| San Francisco City & County Redevelopment Agency Successor Agency - SAN FRANCISCO CITY & CNTY CA REDEV AGY SUCCESSOR AGY TAX | n/a | 2.21% |
| Regents of the University of California Medical Center Pooled Revenue - UNIV OF CALIFORNIA CA RGTS MED CENTER POOLED REVENUE | n/a | 2.01% |
| Orange County Water District - ORANGE CNTY CA WTR DIST COPS | CA ORAWTR 08.01.2042 | 2.01% |
| California Community Choice Financing Authority - CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE | CA CCEDEV 07.01.2053 | 1.80% |
| San Jose Financing Authority - SAN JOSE CA FING AUTH WSTWTR REVENUE | CA SJSUTL 5 11.01.2052 | 1.68% |
| County of Sacramento CA Airport System Revenue - SACRAMENTO CNTY CA ARPT SYS REVENUE | CA SACAPT 5 07.01.2032 | 1.61% |
| California Community Choice Financing Authority - CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE | CA CCEDEV 02.01.2052 | 1.40% |
| State of California - CALIFORNIA ST | CA CAS 5 11.01.2042 | 1.37% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 25, 2025 | $0.01695 | Mar 25, 2025 |
| Feb 24, 2025 | $0.01786 | Feb 24, 2025 |
| Jan 27, 2025 | $0.01923 | Jan 27, 2025 |
| Dec 24, 2024 | $0.01801 | Dec 24, 2024 |
| Nov 22, 2024 | $0.01683 | Nov 22, 2024 |
| Oct 25, 2024 | $0.01937 | Oct 25, 2024 |