DWS California Tax-Free Income Fund - Class A (KCTAX)

Fund Assets	296.11M
Expense Ratio	0.81%
Min. Investment	$1,000
Turnover	58.00%
Dividend (ttm)	0.23
Dividend Yield	3.65%
Dividend Growth	10.93%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 24, 2026

Previous Close	6.21
YTD Return	-2.90%
1-Year Return	-1.77%
5-Year Return	-4.19%
52-Week Low	6.13
52-Week High	6.71
Beta (5Y)	0.31
Holdings	197
Inception Date	Feb 17, 1983

About KCTAX

DWS California Tax-Free Income Fund Class A is a municipal bond mutual fund designed to provide investors with a high level of income that is exempt from both California state and federal income taxes. The fund primarily invests at least 80% of its assets in municipal securities issued within California, focusing on revenue and general obligation bonds related to public services, infrastructure, and clean energy projects. It targets an intermediate-to-long duration, typically in the range of five to nine years, with an effective duration close to seven years. This fund appeals most to individual California residents seeking tax-efficient income, as its structure is optimized for those facing substantial state and federal tax liabilities. Managed actively by an experienced team, DWS California Tax-Free Income Fund Class A maintains diversified holdings to balance tax-exempt yield with credit and interest rate risk. With a monthly income distribution schedule and a notable presence in the California muni bond market, the fund plays a key role for investors focused on preserving after-tax income while supporting essential sectors within the state.

• Fund Family: DWS
• Category: Muni California Long
• Performance Rating: Average
• Risk Rating: Average
• Stock Exchange: Nasdaq
• Ticker Symbol: KCTAX
• Share Class: Class A
• Index: Bloomberg Municipal Bond TR

Performance

KCTAX had a total return of -1.77% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.83%.

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 Muni Inc A	0.76%
FCTFX	Fidelity	Fidelity California Municipal Income Fund	0.43%
FIJBX	Fidelity	Fidelity Advisor California Muni Inc Z	0.41%
FCMQX	Fidelity	Fidelity Advisor California Muni Inc I	0.52%
FCMTX	Fidelity	Fidelity Advisor California Muni Inc M	0.66%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
SDCSX	Class S	0.56%
DCLIX	Institutional Class	0.56%
KCTCX	Class C	1.56%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 24, 2026	$0.01913	Sep 24, 2026
Aug 25, 2026	$0.01778	Aug 25, 2026
Jul 27, 2026	$0.02042	Jul 27, 2026
Jun 24, 2026	$0.01907	Jun 24, 2026
May 22, 2026	$0.01808	May 22, 2026
Apr 24, 2026	$0.02045	Apr 24, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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