California Investment CA Ins Interm  CATFX
  Morningstar Report
Overall Morningstar
Rating™
What is this?
As of 2009-10-31
Out of
Muni California Int/Sh Funds
Rating derived from a weighted average of the fund's 3, 5, 10-year rating which are based on risk-adjusted performance.
Morningstar®
Style Box™
What is this?
   Avg Duration
   ---
   Avg Credit Quality
   ---
As of 2009-08-31
Day Change
$ 0.00
  
NAV (2009-11-20)
$ 10.76
  
YTD Return % (2009-11-20)
4.41%
  
Total Assets ($ mil)
14
View Data Definitions
  Performance    
Growth of $10,000 Fund: California Investment CA Ins Interm
(from 1999-01-01 to 2009-10-31) Category: Muni California Int/Sh
Index: BarCap Municipal TR USD
Total Annualized Returns % 1yr, 3yr and 5yr Returns as of 2009-11-20
Inception date: 1992-10-20 10yr and Inception Returns as of 2009-10-31
YTD Returns as of 2009-11-20
YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Fund 4.41 5.42 3.90 3.10 4.12 4.57
+/- Category -5.17 -3.79 1.15 0.25 -0.07 ---
+/- BarCap Municipal TR USD -7.73 -6.25 -0.35 -1.26 --- ---
Standardized Annual Returns %   more on standardized returns
Quarter-End (as of 2009-09-30) 4.23 6.51 3.97 3.08 4.10 4.63
Month-End (as of 2009-10-31) 3.73 5.94 3.70 2.89 4.12 4.57
After Tax Returns % (as of 2009-09-30 )  
On Distribution --- 5.94 3.70 2.84 4.01 ---
On Distribution & Sale of Shares --- 4.93 3.61 2.91 3.99 ---
Morningstar Rating --- --- ---
# of compared funds covered (3 yrs : out of 77 funds), (5 yrs : out of 69 funds), (10 yrs : out of 37 funds). Ratings are based on risk-adjusted performance. The maximum initial sales fee is none, the maximum deferred sales fee is none, and the maximum redemption sales fee is 1.00%.
The performance quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate thus an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted herein.
  Portfolio Profile    
Sector Breakdown %
General Obligations 18.31
Advance Refunded ---
State Appropriated Tobacco ---
Non-state Appropriated Tobacco ---
Education 16.47
Health ---
Housing ---
Industrial ---
Transportation 5.21
Utilities 5.78
Water/Sewer 35.27
Misc. Revenue 18.96
Bond Quality % of Bonds
AAA ---
AA ---
A ---
BBB ---
BB ---
B ---
Below B ---
Not Rated ---
 
Asset Allocation
% of Net Assets
Cash 8.1
Stocks 0.0
Bonds 91.9
Other 0.0
Foreign Stocks 0.0
(as a % of Assets)
Data through 2009-08-31 Data through 2009-08-31
 
Holding Status
Total Number of Stock Holdings Turnover % 12
Total Number of Bond Holdings 27 30 Day SEC Yield % 2.68
% of Assets in Top 10 Holdings 39.20 ending as of 2009-09-30
View Data Definitions
Top 10 Holdings Maturity
Date		 Amount
$000		 Value
$000		 % of Net
Assets
San Francisco Calif City & Cnt Wtr Re 5% 2015-11-01 700 746 5.00
Monterey Cnty Calif Ctfs Partn Cop 5.25% 2014-08-01 600 651 4.36
Eastern Mun Wtr Dist 5.25% 2012-07-01 550 586 3.93
North Orange Cnty Calif Cmnty Go Ref 5% 2014-08-01 500 560 3.75
Beverly Hills Calif Pub Fing A Ref 5.25% 2013-06-01 500 558 3.74
Southern Calif Pub Pwr Auth 5.5% 2013-01-01 500 557 3.73
Foothill-De Anza Calif Cmnty C Go R 5.5% 2012-08-01 500 554 3.72
North Orange Cnty Calif Cmnty G.O. Bd 5% 2012-08-01 500 549 3.68
Chaffey Calif Un High Sch Dist 5% 2012-05-01 500 545 3.65
San Francisco Calif City & Cnt Wtr Re 5% 2013-11-01 500 543 3.64
Data through 2009-08-31
  Other Information
Fund Inception: 1992-10-20
Portfolio Manager  (Start Date)
Christopher P. Browne  (2004-10-01)
Browne joined CCM Partners in October 2004. Prior to joining the firm, he worked in a variety of investment evaluation roles in asset management companies such as: Autodesk Ventures, Dresdner Kleinwort Benson, Harris Bretall Sullivan & Smith, and Pacific Income Advisers. He is a member of the San Francisco Society of Financial Analysts, as well as Beta Gamma Sigma. Browne holds the Chartered Financial Analyst designation.
Sales Charge %
(taken from prospectus dated 2009-08-31)
Front: None
Deferred: None
Expense Ratio % 0.68
based on net assets
(taken from annual report dated 2009-08-31)
Correspondence Information
44 Montgomery St Ste 2100

San Francisco,  CA  94104
United States
Telephone:
800-225-8778
415-398-2727
Data on this page does not include the fund's short positions (if any).
Show Data Definitions

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Past performance is no guarantee of future results.
Returns will vary and shares may be worth more or less than their original cost when sold.