Principal California Municipal Fund Class A (SRCMX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
9.85
-0.01 (-0.10%)
Feb 7, 2025, 4:00 PM EST
0.00%
Fund Assets 591.51M
Expense Ratio 0.89%
Min. Investment $1,000
Turnover n/a
Dividend (ttm) 0.31
Dividend Yield 2.99%
Dividend Growth 9.52%
Payout Frequency Monthly
Ex-Dividend Date Jan 31, 2025
Previous Close 9.86
YTD Return 0.20%
1-Year Return 3.13%
5-Year Return 0.70%
52-Week Low n/a
52-Week High n/a
Beta (5Y) n/a
Holdings 209
Inception Date Jul 25, 1989

About SRCMX

The Principal California Municipal Fund Class A (SRCMX) seeks to provide as high a level of current income that is exempt from federal and state personal income tax as is consistent with prudent investment management and preservation of capital. SRCMX invests at least 80% of its net assets in California municipal obligations at the time of purchase.

Fund Family Principal Investors
Category Muni California Intermediate
Performance Rating Above Average
Risk Rating High
Stock Exchange NASDAQ
Ticker Symbol SRCMX
Share Class Class A
Index Bloomberg California TaxExempt Muni Bd TR

Performance

SRCMX had a total return of 3.13% in the past year. Since the fund's inception, the average annual return has been 4.41%, including dividends.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol Provider Name Expense Ratio
VCITX Vanguard Vanguard California Long-Term Tax-Exempt Fund Investor Shares 0.17%

Other Share Classes

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

Symbol Share Class Expense Ratio
PCMFX Institutional 0.63%
SRCCX Class C 1.73%

Top 10 Holdings

17.85% of assets
Name Symbol Weight
CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK REV CA CASDEV 01.01.2050 2.24%
CALIFORNIA EDL FACS AUTH REV CA CASEDU 5 05.01.2049 1.85%
CALIFORNIA POLLUTN CTL FING AUTH SOLID WASTE DISP REV CA CASPOL 3 11.01.2025 1.84%
CALIFORNIA POLLUTION CTL FING AUTH WTR FURNISHING REV CA CASPOL 5 07.01.2037 1.84%
SAN DIEGO CNTY CALIF REGL ARPT AUTH ARPT REV n/a 1.82%
CALIFORNIA HEALTH FACS FING AUTH REV n/a 1.77%
CALIFORNIA MUN FIN AUTH STUDENT HSG REV n/a 1.74%
CALIFORNIA PUB FIN AUTH SR LIVING REV CA CASMED 6.38 06.01.2059 1.71%
LOS ANGELES CALIF UNI SCH DIST CA LOSSCD 5.25 07.01.2042 1.59%
CALIFORNIA POLLUTION CTL FING AUTH WTR FURNISHING REV CA CASPOL 5 07.01.2039 1.45%
View More Holdings

Dividend History

Ex-Dividend Amount Pay Date
Jan 31, 2025 $0.02814 Jan 31, 2025
Dec 31, 2024 $0.02703 Dec 31, 2024
Nov 29, 2024 $0.02596 Nov 29, 2024
Oct 31, 2024 $0.02594 Oct 31, 2024
Sep 30, 2024 $0.02338 Sep 30, 2024
Aug 30, 2024 $0.02709 Aug 30, 2024
Full Dividend History