Returns Chart

Key Stats

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Expense Ratio Total Assets Under Management Dividend Yield Turnover Ratio
0.51% 452.30M 2.94% 41.00%
1 Year Fund Level Flows 1 Year Total Returns (Daily) Annualized All Time Total Returns (Daily) Max Drawdown (All)
-146.47M -8.76% Upgrade Upgrade

Basic Info

Investment Strategy
The investment seeks a high level of current income that is exempt from California state and federal income taxes. The fund invests at least 80% of net assets, plus the amount of any borrowings for investment purposes, in securities whose income is free from regular federal and California state income tax. Normally, at least 80% of the fund's municipal securities are rated in the four highest credit rating categories.
General
Security Type Mutual Fund
Oldest Share Symbol KCTAX
Equity Style --
Fixed Income Style --
Broad Asset Class Municipal Bond
Broad Category Fixed Income
Category Name Muni California Long
Category Index Bloomberg Municipal California Exempt TR
Prospectus Objective Municipal Bond - Single State
Fund Owner Firm Name DWS
Prospectus Benchmark Index
Bloomberg Municipal TR USD 100.0%
Broad Asset Class Benchmark Index
^BBMBTR 100.0%
Manager Tenure
Matthew Caggiano 23.35 yrs
Michael Generazo 12.18 yrs

Net Fund Flows Versus Category

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1M
3M
6M
YTD
1Y
3Y
5Y
10Y
 
80.00B
60.00B
40.00B
20.00B
0
-20.00B
1 Month
% Rank: --
-- Category Low
-- Category High
1 Year
% Rank: 71
-146.47M
-1.378B Category Low
164.32M Category High
3 Months
% Rank: --
-- Category Low
-- Category High
3 Years
% Rank: --
-- Category Low
-- Category High
6 Months
% Rank: --
-- Category Low
-- Category High
5 Years
% Rank: --
-- Category Low
-- Category High
YTD
% Rank: --
-- Category Low
-- Category High
10 Years
% Rank: --
-- Category Low
-- Category High
As of July 31, 2022

Performance Versus Category

 
20%
15%
10%
5%
0
View Category Returns. Upgrade now.
Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (NAV)
--
--
--
--
--
--
--
--
Category Rtn. (NAV)
--
--
--
--
--
--
--
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% Rank in Cat (NAV)
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As of August 08, 2022. Returns for periods of 1 year and above are annualized.

Annual Total Returns Versus Peers

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Name
2015
2016
2017
2018
2019
2020
2021
YTD
2.67%
-0.57%
5.17%
0.13%
7.42%
3.24%
2.43%
-8.55%
3.30%
0.25%
5.45%
1.28%
7.54%
5.21%
1.52%
-6.64%
3.84%
-0.70%
5.89%
0.19%
7.09%
4.12%
2.04%
-8.18%
3.18%
-0.01%
6.13%
0.67%
7.50%
3.94%
2.68%
-5.76%
4.31%
0.48%
6.65%
0.36%
8.14%
5.41%
4.42%
-8.61%
3.04%
-0.03%
5.05%
0.61%
7.86%
3.92%
2.25%
-7.98%
As of August 08, 2022.

Fundamentals

General
Distribution Yield Upgrade
Dividend Yield TTM (8-8-22) 2.94%
30-Day SEC Yield (7-29-22) Upgrade
7-Day SEC Yield (8-9-22) Upgrade
Number of Holdings Upgrade
Bond
Current Yield 4.61%
Yield to Maturity --
Effective Duration --
Average Coupon Upgrade
Average Credit Score Upgrade
Average Price Upgrade
As of June 30, 2022

Asset Allocation

As of June 30, 2022.
Type % Net % Long % Short
Cash 0.80% Upgrade Upgrade
Stock 0.00% Upgrade Upgrade
Bond 99.20% Upgrade Upgrade
Convertible 0.00% Upgrade Upgrade
Preferred 0.00% Upgrade Upgrade
Other 0.00% Upgrade Upgrade

Top 10 Holdings

Name % Weight Price % Change
SAN JOSE CALIF ARPT REV 5%
2.85% -- --
FOOTHILL / EASTERN TRANSN CORRIDOR AGY CALIF TOLL RD REV 4%
2.61% -- --
LOS ANGELES CALIF HBR DEPT REV 5%
2.28% -- --
CALIFORNIA EDL FACS AUTH REV 5%
2.01% -- --
CSCDA CMNTY IMPT AUTH CALIF ESSENTIAL HSG REV 5%
1.91% -- --
M-S-R ENERGY AUTH CALIF GAS REV 7%
1.88% -- --
WEST CONTRA COSTA CALIF UNI SCH DIST 5.5%
1.84% -- --
FEDERAL HOME LN MTG CORP MULTIFAMILY VAR RATE CTFS RELATING TO MUN SECS 2.3
1.82% -- --
SACRAMENTO CNTY CALIF SANTN DIST FING AUTH REV 5%
1.73% -- --
GROSSMONT-CUYAMACA CALIF CMNTY COLLEGE DIST 5.25%
1.71% -- --

Fees & Availability

Fees
Actual 12B-1 Fee --
Actual Management Fee Upgrade
Administration Fee Upgrade
Performance Fee --
Switching Fee --
Transaction Fee --
Maximum Front Load --
Maximum Deferred Load --
Maximum Redemption Fee --
General Availability
Available for Insurance Product No
Available for Retirement Plan No
Available for RRSP No
Purchase Details
Open to New Investors Yes
Open to Existing Investors Yes
Minimum Initial Investment Upgrade
Minimum Subsequent Investment Upgrade

Basic Info

Investment Strategy
The investment seeks a high level of current income that is exempt from California state and federal income taxes. The fund invests at least 80% of net assets, plus the amount of any borrowings for investment purposes, in securities whose income is free from regular federal and California state income tax. Normally, at least 80% of the fund's municipal securities are rated in the four highest credit rating categories.
General
Security Type Mutual Fund
Oldest Share Symbol KCTAX
Equity Style --
Fixed Income Style --
Broad Asset Class Municipal Bond
Broad Category Fixed Income
Category Name Muni California Long
Category Index Bloomberg Municipal California Exempt TR
Prospectus Objective Municipal Bond - Single State
Fund Owner Firm Name DWS
Prospectus Benchmark Index
Bloomberg Municipal TR USD 100.0%
Broad Asset Class Benchmark Index
^BBMBTR 100.0%
Manager Tenure
Matthew Caggiano 23.35 yrs
Michael Generazo 12.18 yrs

Fundamentals

General
Distribution Yield Upgrade
Dividend Yield TTM (8-8-22) 2.94%
30-Day SEC Yield (7-29-22) Upgrade
7-Day SEC Yield (8-9-22) Upgrade
Number of Holdings Upgrade
Bond
Current Yield 4.61%
Yield to Maturity --
Effective Duration --
Average Coupon Upgrade
Average Credit Score Upgrade
Average Price Upgrade
As of June 30, 2022

Fund Details

Key Dates
Inception Date 12/1/2020
Last Annual Report Date 8/31/2021
Last Prospectus Date 12/1/2021
Share Classes
KCTAX A
KCTCX C
SDCSX S
Attributes
Enhanced Index Fund No
Index Fund No
Inverse Fund No
Leveraged Fund No
Fund of Funds No
Currency Hedged Fund No
Synthetic Replication Fund No
Has Dividend Investment Plan No
Socially Responsible Fund No

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