|
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 |
|
|
5.17 Yrs
|
|
|
|
Avg Credit Quality |
|
|
AA |
|
| As of
2009-07-31 |
|
|
| Day Change |
| $ 0.00 |
|
|
| NAV (2009-11-20) |
| $ 10.45 |
|
|
| YTD Return % (2009-11-20) |
| 4.89% |
|
|
| Total Assets ($ mil) |
| 40 |
|
| Growth of $10,000 |
 |
Fund: |
CNI Charter CA Tax Exempt Bond Inst |
| (from
2000-01-14
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: 2000-01-14 |
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 |
4.89 |
5.94 |
3.85 |
3.36 |
--- |
4.14 |
| +/- Category |
-4.69 |
-3.27 |
1.10 |
0.51 |
--- |
--- |
| +/- BarCap Municipal TR USD |
-7.25 |
-5.73 |
-0.40 |
-1.00 |
--- |
--- |
|
|
| Standardized Annual Returns % more on standardized returns |
| Quarter-End (as of
2009-09-30) |
5.68 |
8.45 |
4.23 |
3.50 |
--- |
4.35 |
| Month-End (as of 2009-10-31) |
4.05 |
6.90 |
3.57 |
3.09 |
--- |
4.14 |
|
|
| After Tax Returns % (as of
2009-09-30
)
|
| On Distribution |
--- |
6.90 |
3.57 |
3.06 |
--- |
--- |
| On Distribution & Sale of Shares |
--- |
5.64 |
3.51 |
3.07 |
--- |
--- |
|
|
| Morningstar Rating |
--- |
--- |
 |
|
--- |
--- |
|
| # of compared funds covered (3 yrs : out of 77 funds), (5 yrs : out of 69 funds), (10 yrs : out of 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
none. |
|
| 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. |
|
|
|
|
| Sector Breakdown % |
|
| General Obligations |
16.44 |
| Advance Refunded |
6.84 |
| State Appropriated Tobacco |
2.84 |
| Non-state Appropriated Tobacco |
11.06 |
| Education |
7.64 |
| Health |
3.51 |
| Housing |
1.41 |
| Industrial |
2.22 |
| Transportation |
9.80 |
| Utilities |
4.60 |
| Water/Sewer |
9.27 |
| Misc. Revenue |
24.38 |
|
| Bond Quality |
% of Bonds |
| AAA |
60.5 |
| AA |
17.7 |
| A |
12.4 |
| BBB |
3.1 |
| BB |
0.0 |
| B |
0.0 |
| Below B |
0.0 |
| Not Rated |
6.4 |
|
|
|
|
|
| |
|
|
| Asset Allocation |
|
 |
|
| % of Net Assets |
 |
Cash |
3.8 |
 |
Stocks |
0.0 |
|
Bonds |
96.2 |
 |
Other |
0.0 |
|
|
|
Foreign Stocks |
0.0 |
|
(as a % of Assets) |
|
|
| Data through 2009-07-31 |
Data through 2009-07-31 |
 |
| Holding Status |
|
| Total Number of Stock Holdings |
|
|
Turnover % |
55 |
| Total Number of Bond Holdings |
89 |
|
30 Day SEC Yield % |
2.30 |
| % of Assets in Top 10 Holdings |
23.70 |
|
ending as of
2009-09-30 |
|
|
|
|
View Data Definitions |
| Top 10 Holdings |
Maturity
Date |
Amount
$000 |
Value
$000 |
% of Net
Assets |
|
|
|
|
|
|
|
Golden St Tob Securitization C Asse 5.5% |
2043-06-01 |
1,000 |
1,136 |
2.99 |
|
Orange Cnty Calif Pub Fing Aut Lease 5% |
2017-07-01 |
1,000 |
1,036 |
2.73 |
|
Golden St Tob Securitization C Ass 6.75% |
2039-06-01 |
870 |
1,028 |
2.71 |
 |
Federated CA Muni Cash Instl |
--- |
934 |
934 |
2.46 |
 |
Los Angeles Calif Wastewtr Sys Rev Bd 5% |
2014-06-01 |
750 |
848 |
2.23 |
|
 |
|
Gilroy Calif Uni Sch Dist 5.25% |
2019-08-01 |
800 |
837 |
2.20 |
|
Arizona Sch Facs Brd Ctfs Part Cops 5% |
2015-09-01 |
750 |
836 |
2.20 |
|
San Diego Calif Pub Facs Fing Sewer 5% |
2014-05-15 |
750 |
831 |
2.19 |
|
Golden St Tob Securitization C As 7.875% |
2042-06-01 |
675 |
826 |
2.17 |
|
Sacramento Calif Mun Util Dist 5.25% |
2022-05-15 |
805 |
816 |
2.15 |
|
|
 |
Data through 2009-07-31 |
|
|
|
| Fund Inception: 2000-01-14 |
|
Portfolio Manager (Start Date) |
|
|
|
|
|
Rodney J. Olea (2005-03-01) |
|
|
|
Olea is Senior Vice President and Director of Fixed Income of CNAM. He has oversees the creation, analysis, and management of taxable and tax-free fixed income portfolios and bond selection strategies for CNAM. He has been with CNB since 1994. |
|
|
|
|
|
Alan Remedios (2005-03-01) |
|
|
|
Remedios is vice president and senior fixed income portfolio manager for CNAM. He has over 17 years of investment management experience and specializes in the research, analysis, and selection of fixed income securities for CNAM. Prior to joining CNB in 1999, he was Vice President and portfolio manager at U.S. Trust Company. |
|
|
|
|
|
Gregory S. Kaplan (2009-11-18) |
|
|
|
Kaplan joined California Investment Trust in November 2003. Prior to joining the firm he was with Robertson Stephens Asset Management and Mentor Investment Group between 1997 and 2002.
Kaplan has earned the right to use the Chartered Financial Analyst designation. |
|
|
|
|
Sales Charge %
(taken from prospectus dated 2009-01-28) |
| Front: |
None |
| Deferred: |
None |
|
| Expense Ratio % |
0.50 |
based on net assets
(taken from annual report dated 2008-09-30)
|
|
| Correspondence Information |
400 North Roxbury Drive
Beverly Hills,
CA
90210
|
|
|
|
| Telephone: |
| 888-889-0799 |
| 415-393-0300 |
|
|
