Ambrus Tax-Conscious California Bond Fund Institutional Class (TCCBX)
| Fund Assets | 477.50M |
| Expense Ratio | 0.51% |
| Min. Investment | $10,000 |
| Turnover | 26.00% |
| Dividend (ttm) | 0.37 |
| Dividend Yield | 3.64% |
| Dividend Growth | -1.92% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 10.13 |
| YTD Return | 0.50% |
| 1-Year Return | 3.52% |
| 5-Year Return | n/a |
| 52-Week Low | 9.53 |
| 52-Week High | 10.13 |
| Beta (5Y) | n/a |
| Holdings | 308 |
| Inception Date | Sep 30, 2022 |
About TCCBX
Ambrus Tax-Conscious California Bond Fund Institutional Class is an open-end mutual fund focused on **tax-efficient fixed income** for California-based investors. The fund’s stated objective is to **maximize total return net of federal and California state taxes**, aligning income generation with capital preservation through prudent bond selection. It invests **at least 80% of net assets in fixed income securities** and related instruments, emphasizing **investment-grade** credit quality to manage risk while pursuing after-tax returns. Positioned within the **single-state municipal debt** category, it primarily targets the California municipal bond market, channeling capital to public-purpose projects such as infrastructure, education, and essential services. The portfolio is predominantly **bond-heavy**, reflecting its mandate and income orientation, and distributes income on a **monthly** basis, consistent with municipal bond fund practices. Launched in 2022 and managed by Ambrus, the fund serves institutions and sophisticated investors seeking **state- and federally tax-conscious** exposure to California municipal debt within a diversified fixed income allocation.
Performance
TCCBX had a total return of 3.52% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.27%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| TCCYX | Investor Class | 0.76% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.0292 | Jan 30, 2026 |
| Dec 31, 2025 | $0.0345 | Dec 31, 2025 |
| Nov 28, 2025 | $0.0292 | Nov 28, 2025 |
| Oct 31, 2025 | $0.0312 | Oct 31, 2025 |
| Sep 30, 2025 | $0.0328 | Sep 30, 2025 |
| Aug 29, 2025 | $0.031 | Aug 29, 2025 |