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Allspring California Tax Free Fund Class A: (MF: SCTAX)
(NASDAQ Mutual Funds) As of Apr 18, 2024 08:00 PM ET
$10.49 USD
-0.01 (-0.10%)
Zacks MF Rank
5-Strong Sell of 5 5
Fund Description
Incepted in October 1988, this fund is managed by Wells Fargo Funds Management. Wells Capital Management is the sub-advisor of the fund. The objective of this fund is to provide investors with a high level of current income exempt from federal income tax and California individual income tax, while preserving capital. The fund invests in intermediate and long-term investment grade California municipal securities. The fund offers dividends every month and capital gains annually.
Load Information
| Ticker | Max Load % |
Deferred Load % |
Red. Fee % |
12B-1 Fee % |
Mgmt Fee % |
Expense Ratio % |
|
|---|---|---|---|---|---|---|---|
| Allspring CA Tax-Free A | SCTAX | 4.50 | NA | 0.00 | 0.00 | 0.39 | 0.82 |
Return Data
| Ticker | Nav | Inception Date | % yield | 1 year return | 2 year return | 3 year return | |
|---|---|---|---|---|---|---|---|
| Wells Fargo Adv CA Tax-Free A | SCTAX | 10.49 | 10/6/1988 | 0.77 | 3.64 | -1.08 | 0.91 |
| Wells Fargo Adv CA Tax-Free C | SCTCX | 10.75 | 10/6/1988 | 0.60 | 2.86 | -1.80 | 0.16 |
| Wells Fargo Adv CA Tax-Free Admin | SGCAX | 10.56 | 10/6/1988 | 0.82 | 3.85 | -0.88 | 1.12 |
Investment Information
| Ticker | Minimum Initial Investment ($) | Minimum Subsequent Investment ($) | Minimum Initial IRA ($) | Dividend Frequency | |
|---|---|---|---|---|---|
| Allspring CA Tax-Free A | SCTAX | 1000 | 100 | 250 | M |
Contact Information
| Family | Allspring |
| Address | 525 Market St. San Francisco, CA 94105 |
| Phone | 800 222-8222 |