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| | | Morningstar Overall Rating: |  | | Total Assets: | 13.87M | | Category: | Muni California Interm/Short | | Total Expense Ratio: | % |
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| PERFORMANCE & RISK | 30-Nov-09 |
| YTD Return: | 4.62% | | 5y Avg Return: | 3.21% | | Rank in Category (ytd): | 68 | | % Rank in Category (ytd): | 88.31% | | Beta (3y): | 0.38 | | Morningstar Risk Rating: | Below average |
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| The investment seeks as high a level of income exempt from federal and California personal income taxes as is consistent with prudent investment management and safety of capital. The fund generally invests more than 80% of assets in municipal bonds issued by the State of California and various municipalities located within California. Generally, these bonds are rated AAA. The interest on the municipal bonds is generally not subject to federal and California personal income taxes. The duration ranges from two to seven years. It is nondiversified. | | | Fund Profile |
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