| No headlines available for VCAIX. |
| | | Morningstar Overall Rating: |  | | Total Assets: | 1.44B | | Category: | Muni California Interm/Short | | Total Expense Ratio: | % |
|
| PERFORMANCE & RISK | 30-Nov-09 |
| YTD Return: | 9.65% | | 5y Avg Return: | 3.47% | | Rank in Category (ytd): | 29 | | % Rank in Category (ytd): | 37.66% | | Beta (3y): | 0.91 | | Morningstar Risk Rating: | Above average |
|
| The investment seeks to provide a higher level of current income than shorter-term bonds, but with less share-price fluctuation than longer-term bonds. The fund invests primarily in high-quality municipal bonds issued by California state and local governments and regional governmental authorities. It may invest at least 80% of assets in securities that are exempt from federal and California taxes. The fund's dollar-weighted average nominal maturity is expected to be between 6 and 12 years. It is intended for California residents only. The fund is nondiversified. | | | Fund Profile |
|