DWS California Tax-Free Income Fund - Class A (KCTAX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
6.42
+0.01 (0.16%)
Apr 25, 2025, 4:00 PM EDT
-2.13% (1Y)
| Fund Assets | 375.72M |
| Expense Ratio | 0.82% |
| Min. Investment | $1,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.20 |
| Dividend Yield | 3.06% |
| Dividend Growth | 2.56% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 25, 2025 |
| Previous Close | 6.41 |
| YTD Return | -3.14% |
| 1-Year Return | n/a |
| 5-Year Return | -0.30% |
| 52-Week Low | n/a |
| 52-Week High | n/a |
| Beta (5Y) | 0.25 |
| Holdings | 182 |
| Inception Date | Feb 17, 1983 |
About KCTAX
The Fund's investment strategy focuses on CA Municipal Debt with 0.78% total expense ratio. The minimum amount to invest in Deutsche DWS State Tax-Free Income Series: DWS California Tax-Free Income Fund; Class A Shares is $1,000 on a standard taxable account. Deutsche DWS State Tax-Free Income Series: DWS California Tax-Free Income Fund; Class A 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.
Fund Family Deutsche DWS
Category Muni California Long
Performance Rating Below Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol KCTAX
Share Class Class A
Index Bloomberg Municipal Bond TR
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FCMAX | Fidelity | Fidelity Advisor California Municipal Income Fund - Class A | 0.76% |
| FCTFX | Fidelity | Fidelity California Municipal Income Fund | 0.43% |
| FIJBX | Fidelity | Fidelity Advisor California Municipal Income Fund - Class Z | 0.40% |
| FCMQX | Fidelity | Fidelity Advisor California Municipal Income Fund - Class I | 0.53% |
| FCMTX | Fidelity | Fidelity Advisor California Municipal Income Fund - Class M | 0.67% |
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 | $0.0157 | Mar 25, 2025 |
| Feb 24, 2025 | $0.01662 | Feb 24, 2025 |
| Jan 27, 2025 | $0.01778 | Jan 27, 2025 |
| Dec 24, 2024 | $0.01663 | Dec 24, 2024 |
| Nov 22, 2024 | $0.01562 | Nov 22, 2024 |
| Oct 25, 2024 | $0.01789 | Oct 25, 2024 |