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AACXX Morgan Stanley Act Assts CA Tax-Free

  • Fund
  • AACXX
  • Price as of: Nov 04, 2016
  • $1.00
  • - $0.00
  • - 0.00%
  • Category
  • Money Market

AACXX - Profile

Vitals

  • YTD Return 0.0%
  • 3 Yr Annualized Return 0.0%
  • 5 Yr Annualized Return 0.0%
  • Net Assets $5.26 M
  • Holdings in Top 10 34.0%

52 WEEK LOW AND HIGH

$1.00
N/A
N/A

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.52%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover N/A

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$0

IRA

N/A

Investment Themes

CATEGORY

Money Market
  • Fund Type Money Market Fund
  • Investment Style Money Market-Tax-Free

Distributions

  • YTD Total Return 0.0%
  • 3 Yr Annualized Total Return 0.0%
  • 5 Yr Annualized Total Return 0.0%
  • Capital Gain Distribution Frequency Daily
  • Net Income Ratio 0.01%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name Morgan Stanley Active Assets California Tax-Free Trust
  • Fund Family Name Morgan Stanley
  • Inception Date Nov 12, 1991
  • Shares Outstanding N/A
  • Share Class Other
  • Currency USD
  • Domiciled Country United States
  • Manager Management Team

Fund Description

The fund will invest in high quality, short-term securities that are normally municipal obligations that pay interest exempt from federal and California personal income taxes. It will invest all of its assets in high quality, short-term securities and other instruments that meet the definition of "weekly liquid assets". The fund normally invests at least 80% of its net assets in securities the interest on which is exempt from federal and California personal income tax.

AACXX - Performance

Return Ranking - Trailing

Period AACXX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 0.0% -0.1% 0.6% 0.74% 5
1 Yr 0.1% -0.1% 2.1% 68.74% 4
3 Yr 0.0% * -53.6% 1.7% 80.19% 5
5 Yr 0.0% * 0.0% 3.0% 81.06% 5
10 Yr 0.6% * 0.0% 4.1% 16.09% 1

* Annualized


Return Ranking - Calendar

Period AACXX Return Category Return Low Category Return High Rank in Category (%) Quintile
2018 0.0% -99.7% 952.0% 0.81% 5
2017 N/A -90.0% 4900.0% N/A N/A
2016 N/A -100.0% 9900.0% N/A N/A
2015 N/A -100.0% 900.1% N/A N/A
2014 N/A 0.0% 3.1% N/A N/A

Total Return Ranking - Trailing

Period AACXX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 0.0% -100.0% 0.6% 0.83% 5
1 Yr 0.1% -5.5% 2.1% 67.51% 4
3 Yr 0.0% * -1.8% 1.7% 79.02% 5
5 Yr 0.0% * -1.1% 3.0% 79.98% 5
10 Yr 0.6% * -0.5% 4.1% 16.09% 1

* Annualized


Total Return Ranking - Calendar

Period AACXX Return Category Return Low Category Return High Rank in Category (%) Quintile
2018 0.0% -100.0% 9900.0% 0.99% 5
2017 N/A -90.0% 2.1% N/A N/A
2016 N/A -100.0% 4900.0% N/A N/A
2015 N/A -100.0% 900.1% N/A N/A
2014 N/A 0.0% 4.8% N/A N/A

NAV & Total Return History

AACXX - Holdings

Filings data as of: Jun 30, 2016

Concentration Analysis

AACXX Category Low Category High AACXX % Rank Quintile
Net Assets 5.26 M 500 K 149 B 45.55% 5
Number of Holdings 59 1 1276 11.48% 3
Net Assets in Top 10 605 M 2.69 M 96.4 B 19.32% 3
Weighting of Top 10 34.0% 5.2% 108.2% 27.55% 4

Top 10 Holdings

  1. California Mun Fin Auth 0.26% 5.02%
  2. Bay Area Toll Auth 0.43% 4.12%
  3. Univ Calif Revs For Prev Var Gen R 0.4% 3.83%
  4. California St Var Go Bd 0.22% 3.30%
  5. San Diego Cnty Calif Regl Tran Var 0.43% 3.27%
  6. California Infrasct & Ec Var Rev B 0.34% 3.22%
  7. California Health Facs Fing Au Rev 0.44% 2.95%
  8. California Statewide Cmntys De Rev 0.43% 2.95%
  9. California St Var Go Bd 0.44% 2.70%
  10. Los Angeles Calif Dept Wtr & P Rev 0.26% 2.69%

Asset Allocation

Weighting Category Low Category High AACXX % Rank Quintile
Bonds
93.62% 0.00% 108.20% 2.84% 1
Cash
5.11% 0.00% 100.70% 35.79% 5
Other
1.26% -12.63% 100.00% 5.62% 1
Stocks
0.00% 0.00% 1.03% 0.24% 5
Preferred Stocks
0.00% 0.00% 6.43% 0.79% 5
Convertible Bonds
0.00% 0.00% 2.02% 1.35% 5

Bond Sector Breakdown

Weighting Category Low Category High AACXX % Rank Quintile
Municipal
88.95% 0.00% 100.00% 3.96% 1
Cash & Equivalents
5.11% 0.00% 100.70% 35.87% 5
Corporate
4.67% 0.00% 31.09% 3.96% 1
Derivative
0.00% 0.00% 1.15% 0.55% 5
Securitized
0.00% 0.00% 51.10% 4.51% 5
Government
0.00% 0.00% 108.20% 17.02% 5

Bond Geographic Breakdown

Weighting Category Low Category High AACXX % Rank Quintile
US
93.62% 0.00% 108.20% 2.85% 1
Non US
0.00% 0.00% 12.62% 3.56% 5

AACXX - Expenses

Operational Fees

AACXX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.52% 0.00% 83.73% 10.02% 3
Management Fee 0.34% 0.00% 0.60% 1.58% 4
12b-1 Fee 0.10% 0.00% 1.00% 4.22% 2
Administrative Fee 0.05% 0.00% 0.50% 3.86% 2

Sales Fees

AACXX Fees (% of AUM) Category Low Category High AACXX Rank Quintile
Front Load N/A 1.00% 5.75% N/A N/A
Deferred Load N/A 1.00% 5.50% N/A N/A

Trading Fees

AACXX Fees (% of AUM) Category Low Category High AACXX Rank Quintile
Max Redemption Fee N/A 0.25% 1.00% N/A N/A

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

AACXX Fees (% of AUM) Category Low Category High AACXX Rank Quintile
Turnover N/A 0.00% 1054.00% N/A N/A

AACXX - Distributions

Dividend Yield Analysis

AACXX Category Low Category High AACXX % Rank Quintile
Dividend Yield 0.0% 0.00% 0.32% 2.96% 5

Dividend Distribution Analysis

AACXX Category Low Category High Category Mode
Dividend Distribution Frequency Monthly Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

AACXX Category Low Category High AACXX % Rank Quintile
Net Income Ratio 0.01% -0.23% 2.42% 13.41% 5

Capital Gain Distribution Analysis

AACXX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Daily Annually Daily Annually

AACXX - Managers

Management Team

Manager

Start Date

Oct 31, 2007

Tenure

8.84

Tenure Rank

18.1%

Team Managed


Tenure Analysis

Category Low

0.0

Category High

43.2

Category Average

12.6

Category Mode

4.0