Northern California Tax-Exempt Fund (NCATX)
10.54
0.00 (0.00%)
USD |
Dec 05 2025
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.46% | 129.55M | -- | 39.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -21.48M | 2.18% | Upgrade | Upgrade |
Basic Info
| Investment Strategy | |
| The Fund seeks a high current income exempt from regular federal income tax and California personal income tax. The fund will invest in municipal instruments including General obligation bonds, Revenue obligation bonds, Industrial development bonds, Moral obligation bonds, Tax-exempt derivative instruments. |
| General | |
| Security Type | Mutual Fund |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal |
| Peer Group | California Municipal Debt Funds |
| Global Macro | Bond HC |
| US Macro | Single State Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | California Municipal Debt Funds |
| Fund Owner Firm Name | Northern Trust |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
29
-26.55M
Peer Group Low
85.36M
Peer Group High
1 Year
% Rank:
59
-21.48M
-530.34M
Peer Group Low
977.40M
Peer Group High
3 Months
% Rank:
49
-105.53M
Peer Group Low
548.05M
Peer Group High
3 Years
% Rank:
62
-1.931B
Peer Group Low
1.505B
Peer Group High
6 Months
% Rank:
47
-126.92M
Peer Group Low
526.10M
Peer Group High
5 Years
% Rank:
62
-3.790B
Peer Group Low
1.849B
Peer Group High
YTD
% Rank:
58
-382.55M
Peer Group Low
974.90M
Peer Group High
10 Years
% Rank:
70
-3.371B
Peer Group Low
2.858B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of December 06, 2025.
Asset Allocation
As of September 30, 2025.
| Type | % Net |
|---|---|
| Cash | -0.25% |
| Stock | 0.00% |
| Bond | 100.3% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 0.00% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| NEWPORT MESA CALIF UNI SCH DIST CA 0.000 08/01/2033 | 4.46% | 81.73 | 0.02% |
| BAY AREA TOLL AUTH CALIF TOLL BRDG REV CA 2.950 04/01/2047 | 2.86% | 99.93 | 0.00% |
| CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK REV CA 1.750 08/01/2055 | 2.75% | 98.52 | 0.00% |
| TEMECULA VY UNI SCH DIST FING AUTH CALIF SPL TAX REV CA 5.000 09/01/2032 | 2.37% | -- | -- |
| LOS ANGELES CALIF CMNTY COLLEGE DIST CA 4.000 08/01/2039 | 2.33% | 100.23 | -0.00% |
| UNIVERSITY CALIF REVS CA 5.000 05/15/2058 | 2.01% | 101.11 | -0.00% |
|
CALIFORNIA, STATE OF 5% 01-AUG-2045
|
1.72% | -- | -- |
| CALIFORNIA ST CA 5.000 09/01/2035 | 1.62% | -- | -- |
| SILICON VY CLEAN WTR CALIF WASTEWTR REV CA 0.500 03/01/2026 | 1.58% | 99.39 | 0.02% |
| UNIVERSITY CALIF REVS CA 4.000 05/15/2046 | 1.50% | 97.68 | 0.00% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.33% |
| Administration Fee | -- |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP | No |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 2500.00 None |
| Minimum Subsequent Investment | 50.00 None |
Basic Info
| Investment Strategy | |
| The Fund seeks a high current income exempt from regular federal income tax and California personal income tax. The fund will invest in municipal instruments including General obligation bonds, Revenue obligation bonds, Industrial development bonds, Moral obligation bonds, Tax-exempt derivative instruments. |
| General | |
| Security Type | Mutual Fund |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal |
| Peer Group | California Municipal Debt Funds |
| Global Macro | Bond HC |
| US Macro | Single State Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | California Municipal Debt Funds |
| Fund Owner Firm Name | Northern Trust |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (12-4-25) | 3.14% |
| 30-Day SEC Yield (10-31-25) | 3.50% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 119 |
| Bond | |
| Yield to Maturity (9-30-25) | 3.53% |
| Effective Duration | 6.78 |
| Average Coupon | 4.41% |
| Calculated Average Quality | 2.202 |
| Effective Maturity | 10.72 |
| Nominal Maturity | 17.12 |
| Number of Bond Holdings | 116 |
As of September 30, 2025
Fund Details
| Key Dates | |
| Inception Date | 4/8/1997 |
| Last Annual Report Date | 3/31/2025 |
| Last Prospectus Date | 7/31/2025 |
| Attributes | |
| Index Fund | -- |
| Inverse Fund | No |
| Leveraged Fund | -- |
| Fund of Funds | No |
| Currency Hedged Fund | -- |
| Synthetic Replication Fund | No |
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:NCATX", "name") |
| Broad Asset Class: =YCI("M:NCATX", "broad_asset_class") |
| Broad Category: =YCI("M:NCATX", "broad_category_group") |
| Prospectus Objective: =YCI("M:NCATX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |