CFNTX: Green California Tax-Free Income Fund - MutualFunds.com

Welcome to MutualFunds.com

Please help us personalize your experience and select the one that best describes you.

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission

We hope you enjoy your experience

Channels

Fixed income news, reports, video and more.

Municipal bonds news, reports, video and more.

Practice management news, reports, video and more.

Portfolio management news, reports, video and more.

Retirement news, reports, video and more.

Learn from industry thought leaders and expert market participants.

Deepen your understanding of Responsible Investing.

Enhance retirement outcomes with helpful tactics.

Green California Tax-Free Income Fund

CFNTX - Snapshot

Vitals

  • YTD Return 1.5%
  • 3 Yr Annualized Return 2.6%
  • 5 Yr Annualized Return 2.3%
  • Net Assets $60.6 M
  • Holdings in Top 10 43.1%

52 WEEK LOW AND HIGH

$11.77
$10.71
$11.88

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.75%

SALES FEES

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

BROKERAGE FEES

  • Turnover 9.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $1,000
  • IRA N/A

Fund Classification

  • Primary Theme
  • Fund Type Open End Mutual Fund
  • Investment Style Muni California Intermediate

Compare CFNTX to Popular Municipal Bond Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$14.79

-0.07%

$78.56 B

-

$0.00

2.21%

-

$11.24

0.00%

$32.48 B

-

$0.00

1.44%

-

$13.56

0.00%

$24.26 B

-

$0.00

1.73%

-

$15.94

0.00%

$20.00 B

-

$0.00

0.57%

-

$116.81

+0.02%

$18.20 B

-

-

2.55%

-

CFNTX - Profile

Distributions

  • YTD Total Return 1.5%
  • 3 Yr Annualized Total Return 2.6%
  • 5 Yr Annualized Total Return 2.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.82%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Green California Tax-Free Income Fund
  • Fund Family Name
    Shelton Capital Management
  • Inception Date
    Dec 04, 1985
  • Shares Outstanding
    N/A
  • Share Class
    No Load
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Stephen Rogers

Fund Description

Under normal market conditions, it is the fund's fundamental policy to invest at least 80% of its total assets (which includes the amount of any borrowings for investment purposes) in California municipal bonds, although generally the percentage is much higher. The fund's duration typically ranges from four to twelve years. It is non-diversified.


CFNTX - Performance

Return Ranking - Trailing

Period CFNTX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.5% -6.7% 307.0% 38.44%
1 Yr 2.7% -5.4% 5.8% 33.87%
3 Yr 2.6%* -0.6% 8.2% 75.98%
5 Yr 2.3%* -0.3% 6.9% 76.27%
10 Yr 3.0%* -0.1% 8.1% 64.77%

* Annualized

Return Ranking - Calendar

Period CFNTX Return Category Return Low Category Return High Rank in Category (%)
2019 2.7% -0.3% 15.4% 82.83%
2018 -1.3% -10.3% 97.2% 21.14%
2017 0.8% -100.0% 7.6% 72.53%
2016 -3.4% -7.9% 96.8% 77.51%
2015 -0.3% -4.8% 3.0% 52.14%

Total Return Ranking - Trailing

Period CFNTX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.5% -6.7% 307.0% 38.44%
1 Yr 2.7% -8.3% 5.8% 25.31%
3 Yr 2.6%* -2.5% 8.2% 58.78%
5 Yr 2.3%* -1.5% 6.9% 64.97%
10 Yr 3.0%* -0.4% 8.1% 59.39%

* Annualized

Total Return Ranking - Calendar

Period CFNTX Return Category Return Low Category Return High Rank in Category (%)
2019 3.0% -0.3% 15.4% 76.52%
2018 1.0% -10.3% 11.0% 2.97%
2017 3.3% -100.0% 7.6% 11.61%
2016 -0.5% -7.9% 3.0% 5.44%
2015 2.2% -4.8% 4.0% 2.96%

NAV & Total Return History


CFNTX - Holdings

Concentration Analysis

CFNTX Category Low Category High CFNTX % Rank
Net Assets 60.6 M 611 K 78.6 B 91.84%
Number of Holdings 48 1 10805 97.36%
Net Assets in Top 10 26.4 M -199 M 3.97 B 78.17%
Weighting of Top 10 43.13% 2.5% 100.0% 4.24%

Top 10 Holdings

  1. EAST SIDE UN HIGH SCH DIST CALIF SANTA CLARA CNTY 5.25% 5.58%
  2. WM S HART CALIF UN HIGH SCH DIST 0% 5.18%
  3. SAN FRANCISCO CALIF BAY AREA RAPID TRAN DIST 5% 4.75%
  4. LOS RIOS CALIF CMNTY COLLEGE DIST 5% 4.60%
  5. MOUNT SAN ANTONIO CALIF CMNTY COLLEGE DIST 5% 4.36%
  6. EAST BAY CALIF MUN UTIL DIST WTR SYS REV 5% 4.09%
  7. SAN MATEO FOSTER CITY CALIF PUB FING AUTH WASTEWATER REV 4% 3.89%
  8. SANTA MARIA CALIF JT UN HIGH SCH DIST 0% 3.60%
  9. CALIFORNIA HEALTH FACS FING AUTH REV 5% 3.58%
  10. LOS ANGELES CALIF DEPT WTR & PWR WTRWKS REV 5% 3.51%

Asset Allocation

Weighting Return Low Return High CFNTX % Rank
Bonds
97.09% 0.00% 147.66% 72.38%
Cash
2.91% -47.66% 100.00% 26.84%
Stocks
0.00% 0.00% 1.80% 57.31%
Preferred Stocks
0.00% -0.98% 1.07% 54.64%
Other
0.00% -1.46% 12.83% 56.44%
Convertible Bonds
0.00% 0.00% 1.64% 55.09%

Bond Sector Breakdown

Weighting Return Low Return High CFNTX % Rank
Municipal
97.09% 0.00% 100.00% 70.40%
Cash & Equivalents
2.91% 0.00% 100.00% 27.46%
Derivative
0.00% 0.00% 2.16% 54.76%
Securitized
0.00% 0.00% 6.06% 55.60%
Corporate
0.00% 0.00% 12.97% 61.23%
Government
0.00% 0.00% 49.72% 57.12%

Bond Geographic Breakdown

Weighting Return Low Return High CFNTX % Rank
US
97.09% 0.00% 141.34% 50.25%
Non US
0.00% 0.00% 27.62% 88.80%

CFNTX - Expenses

Operational Fees

CFNTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.75% 0.01% 4.23% 53.16%
Management Fee 0.50% 0.00% 1.10% 78.18%
12b-1 Fee N/A 0.00% 1.00% 11.11%
Administrative Fee 0.10% 0.01% 0.47% 37.50%

Sales Fees

CFNTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.50% 5.75% N/A
Deferred Load N/A 0.25% 5.50% N/A

Trading Fees

CFNTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% 37.50%

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.

CFNTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 9.00% 0.00% 235.00% 11.21%

CFNTX - Distributions

Dividend Yield Analysis

CFNTX Category Low Category High CFNTX % Rank
Dividend Yield 0.00% 0.00% 3.55% 57.34%

Dividend Distribution Analysis

CFNTX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

CFNTX Category Low Category High CFNTX % Rank
Net Income Ratio 1.82% 0.00% 6.48% 79.52%

Capital Gain Distribution Analysis

CFNTX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

CFNTX - Fund Manager Analysis

Managers

Stephen Rogers


Start Date

Tenure

Tenure Rank

Dec 31, 2003

16.85

16.9%

Stephen C. Rogers has joined Shelton Capital Management in 1993 and serves as Chief Executive Officer of Shelton Capital Management. Mr. Rogers graduated from the University of Iowa in 1988 and earned his MBA from the University of California at Berkeley in 2000.

William Mock


Start Date

Tenure

Tenure Rank

Feb 22, 2010

10.7

10.7%

William Mock is a Portfolio Manager for the Shelton Tactical Credit Fund, U.S. Government Securities Fund, Short-Term U.S. Government Bond Fund, California Tax-Free Income Fund, BDC Income Fund, United States Treasury Trust and the Firm’s fixed income separately managed accounts. Mr. Mock has 20 years of experience as a trader and portfolio manager of fixed income and derivative portfolios. He earned an MBA from the University of Chicago Booth School of Business and a B.S. from Kansas State University.

David Falk


Start Date

Tenure

Tenure Rank

Feb 04, 2019

1.74

1.7%

David Falk is a Portfolio Manager for the Shelton Tactical Credit Fund and the Firm’s fixed income separately managed accounts. Mr. Falk has over 30 years of broad-based fixed income experience as a trader, research analyst and investment banker for firms including Cedar Ridge Partners, LLC, Bear Stearns & Co. Inc. and Lazard Freres & Co. He earned a Master of Regional Planning degree from the University of North Carolina at Chapel Hill and received a B.A. from Northwestern University.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.02 35.61 7.61 2.84
Continue to site >
Trending ETFs