NCATX

About NCATX

The Northern California Tax-Exempt Fund is a municipal bond mutual fund designed to provide investors with high current income that is exempt from both regular federal income tax and California state personal income tax. It primarily invests in a portfolio of high-quality, investment-grade municipal bonds issued by California state and local governments, agencies, and authorities. The fund focuses on bonds with maturities between 10 and 30 years, targeting income-oriented investors who are in higher tax brackets and seeking tax-efficient yield. Its holdings span various sectors crucial to California’s infrastructure, including public works, educational institutions, transportation authorities, and local school districts. The fund is managed with a disciplined approach to credit quality and interest rate sensitivity, maintaining a moderate risk profile relative to its category. With a competitive expense ratio and a strong emphasis on tax relief for California residents, the Northern California Tax-Exempt Fund plays a vital role in providing stable, tax-advantaged fixed income exposure within the municipal bond market.