About NCATX
The Northern California Tax-Exempt Fund is a municipal bond mutual fund designed to provide investors with high current income that is exempt from both regular federal income tax and California state personal income tax. It primarily invests in a portfolio of high-quality, investment-grade municipal bonds issued by California state and local governments, agencies, and authorities. The fund focuses on bonds with maturities between 10 and 30 years, targeting income-oriented investors who are in higher tax brackets and seeking tax-efficient yield. Its holdings span various sectors crucial to California’s infrastructure, including public works, educational institutions, transportation authorities, and local school districts. The fund is managed with a disciplined approach to credit quality and interest rate sensitivity, maintaining a moderate risk profile relative to its category. With a competitive expense ratio and a strong emphasis on tax relief for California residents, the Northern California Tax-Exempt Fund plays a vital role in providing stable, tax-advantaged fixed income exposure within the municipal bond market.
Fund Family Northern Funds
Category Muni California Long
Performance Rating Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol NCATX
Index Bloomberg California TaxExempt Muni Bd TR
NCATX had a total return of 5.79% in the past year, including dividends. Since the fund's
inception, the average annual return has been 8.59%.
