CCCMX

About CCCMX

Capital Group California Core Municipal Fund is an open‑end municipal bond fund focused on tax‑exempt income for California residents. It primarily invests in investment‑grade municipal bonds issued by the State of California, its agencies, and local municipalities, with a policy to keep at least 80% of assets in securities whose income is exempt from federal and California state income taxes. The portfolio may include select municipal securities from other U.S. jurisdictions while avoiding holdings that would subject investors to the federal alternative minimum tax. Managed within the Muni California Intermediate category, the fund targets an intermediate duration profile, aiming to balance income generation with interest‑rate and credit risk typical of state and local government debt markets. It distributes income monthly and maintains a diversified lineup of hundreds of holdings to mitigate issuer‑specific risk. Backed by Capital Group’s research platform, the strategy plays a role in the municipal market by channeling capital to public infrastructure and essential services across California, offering a dedicated option for investors seeking state‑specific, tax‑advantaged fixed income exposure.