DWS California Tax-Free Income Fund - Class C (KCTCX)

Fund Assets	296.11M
Expense Ratio	1.589%
Min. Investment	$1,000
Turnover	58.00%
Dividend (ttm)	0.18
Dividend Yield	2.86%
Dividend Growth	14.20%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 24, 2026

Previous Close	6.17
YTD Return	-3.26%
1-Year Return	-2.47%
5-Year Return	-7.40%
52-Week Low	6.09
52-Week High	6.67
Beta (5Y)	0.06
Holdings	197
Inception Date	May 31, 1994

About KCTCX

DWS California Tax-Free Income Fund Class C is a municipal bond mutual fund designed to provide investors with a high level of current income exempt from both regular federal and California state income taxes. The fund focuses its portfolio on municipal debt issued by entities within California, adhering to a policy of investing at least 80% of its net assets in securities whose interest income is free from these taxes. Up to 20% of assets may be allocated to bonds subject to the federal alternative minimum tax. The fund typically targets intermediate to long maturities, balancing income potential with interest rate risk, and maintains a diversified portfolio primarily comprising revenue bonds and general obligation bonds. With monthly dividend distributions and a relatively higher expense ratio compared to similar funds, this fund is particularly aimed at California residents seeking tax-advantaged income. Managed by an experienced team, it occupies a specialized role in the market by addressing the needs of investors looking to reduce both federal and state tax liabilities through municipal bond exposure tied to California infrastructure, public projects, and services.

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

Performance

KCTCX had a total return of -2.47% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.99%.

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	0.74%
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%
KCTAX	Class A	0.81%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 24, 2026	$0.01508	Sep 24, 2026
Aug 25, 2026	$0.01379	Aug 25, 2026
Jul 27, 2026	$0.01581	Jul 27, 2026
Jun 24, 2026	$0.01488	Jun 24, 2026
May 22, 2026	$0.01407	May 22, 2026
Apr 24, 2026	$0.01602	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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