Allspring California Tax-Free Fund - Class A (SCTAX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
10.54
0.00 (0.00%)
Jan 31, 2025, 4:00 PM EST
-0.66%
Fund Assets 757.23M
Expense Ratio 0.75%
Min. Investment $1,000
Turnover n/a
Dividend (ttm) 0.35
Dividend Yield 3.16%
Dividend Growth 2.03%
Payout Frequency Monthly
Ex-Dividend Date Jan 31, 2025
Previous Close 10.54
YTD Return -0.38%
1-Year Return 2.93%
5-Year Return 0.21%
52-Week Low n/a
52-Week High n/a
Beta (5Y) n/a
Holdings 252
Inception Date Oct 6, 1988

About SCTAX

SCTAX was founded on 1988-10-06. The Fund's investment strategy focuses on CA Municipal Debt with 0.75% total expense ratio. The minimum amount to invest in Wells Fargo Funds Trust: Wells Fargo California Tax-Free Fund; Class A Shares is $1,000 on a standard taxable account. Wells Fargo Funds Trust: Wells Fargo California Tax-Free Fund; Class A Shares seeks current income exempt from federal and California individual income tax. Its investment may include municipal securities issued by state of California and its subdivisions, authorities, instrumentalities and corporations, as well as municipal securities issued by territories and possessions of the US.

Fund Family Wells Fargo Adv Cl A
Category Muni California Long
Performance Rating Average
Risk Rating Low
Stock Exchange NASDAQ
Ticker Symbol SCTAX
Share Class Class A
Index Bloomberg Municipal Bond TR

Performance

SCTAX had a total return of 2.93% in the past year. Since the fund's inception, the average annual return has been 2.98%, including dividends.

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%
FCMQX Fidelity Fidelity Advisor California Municipal Income Fund - Class I 0.53%
FCMTX Fidelity Fidelity Advisor California Municipal Income Fund - Class M 0.67%
FIJBX Fidelity Fidelity Advisor California Municipal Income Fund - Class Z 0.40%
FCMKX Fidelity Fidelity Advisor California Municipal Income Fund - Class C 1.49%

Other Share Classes

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

Symbol Share Class Expense Ratio
SGTIX Institutional Class 0.48%
SGCAX Administrator Class 0.55%
SCTCX Class C 1.50%

Top 10 Holdings

17.63% of assets
Name Symbol Weight
10 Year Treasury Note Future Mar 25 n/a 2.74%
SAN FRANCISCO CALIF CMNTY COLLEGE DIST 5.25% CA SFOHGR 5.25 06.15.2049 2.61%
CALIFORNIA HEALTH FACS FING AUTH REV 4% CA CASMED 4 08.15.2039 1.65%
CALIFORNIA MUN FIN AUTH REV 5.25% CA CASFIN 5.25 06.01.2053 1.61%
CALIFORNIA ST 5% CA CAS 5 08.01.2046 1.60%
CALIFORNIA HEALTH FACS FING AUTH REV 5% CA CASMED 5 08.15.2047 1.59%
LONG BEACH CALIF UNI SCH DIST 4% CA LONSCD 4 08.01.2053 1.57%
CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK REV 5.25% CA CASDEV 5.25 07.01.2054 1.48%
SANTA ANA CALIF UNI SCH DIST 0% CA SAASCD 0 08.01.2038 1.41%
LOS ANGELES CALIF DEPT WTR & PWR REV 5% CA LOSUTL 5 07.01.2054 1.37%
View More Holdings

Dividend History

Ex-Dividend Amount Pay Date
Jan 31, 2025 $0.02917 Jan 31, 2025
Dec 31, 2024 $0.02909 Dec 31, 2024
Nov 29, 2024 $0.02903 Nov 29, 2024
Oct 31, 2024 $0.02901 Oct 31, 2024
Sep 30, 2024 $0.02946 Sep 30, 2024
Aug 30, 2024 $0.02904 Aug 30, 2024
Full Dividend History