CAMAB California Intermediate Municipal ETF

Get income35y track recordRanked #205 of 1,622 in this goal

Seeks to maximize total return while ensuring safety of principal for California residents.

By AllianceBernstein · Launched 1990

Annual Cost

0.27%

#1,319 of 5,562 · low cost

Fund Size

$1.2B

#1,031 of 5,562 · large

Dividend YieldGoal

3.06%

Track Record

35 years

#4 of 5,562 · established

Performance

Total-return NAV · USD

Growth of $10,000

$10,261+2.6%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Active selection

What it actually holds

By weight

Concentration

Top 10 holdings = 17.1% of fund✓ well diversified

City of Los Angeles CA

4.6%

Los Angeles Unified School District/CA

2.3%

University of California

1.8%

California Community Choice Financing Authority

1.4%

San Francisco City & County Airport Comm-San Francisco International Airport

1.3%

California Community Choice Financing Authority

1.2%

Bay Area Toll Authority

1.2%

San Francisco City & County Airport Comm-San Francisco International Airport

1.1%

State of California

1.0%

San Diego County Regional Airport Authority

1.0%

Asset allocation

Bonds

90.7%

Cash

9.3%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

N/A

Max drawdown

-2.2%Mild

Worst peak-to-trough loss

Sharpe (3Y)

Unavailable

Needs 3+ years of history

Sortino (3Y)

Not yet

Needs 3+ years of history

Bond profile

Duration

4.7 years

Avg maturity

10.3 years

Credit ratings

AAA

15.1%

42.3%

23.6%

BBB

8.2%

3.6%

0.1%

Other

7.0%

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks to maximize total return while ensuring safety of principal for California residents.
Strategy: Invests primarily in intermediate-term municipal securities issued by California municipalities. Focuses on maximizing after-tax returns for California residents, considering both federal and state tax implications.
Inception date: August 6, 1990
Fund family: AllianceBernstein