Skip to Content
Morningstar

Green California Tax-Free Income Inv CFNTX

Morningstar Medalist Rating
Medalist Rating as of | See Shelton Investment Hub
  • NAV / 1-Day Return 10.55  /  0.10 %
  • Total Assets 41.6 Mil
  • Adj. Expense Ratio
    0.760%
  • Expense Ratio 0.760%
  • Distribution Fee Level High
  • Share Class Type No Load
  • Category Muni California Intermediate
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 2.34%
  • Effective Duration —

USD | NAV as of Nov 28, 2023 | 1-Day Return as of Nov 28, 2023, 11:10 PM GMT+0

Morningstar’s Analysis CFNTX

Will CFNTX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable CFNTX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the CFNTX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

Parent Pillar

The Parent Pillar is our rating of CFNTX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Strength in Green California Tax-Free Income Inv's People Pillar is partially offset by an Average Process Pillar rating, leading to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.

by Morningstar Manager Research
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings CFNTX

More CFNTX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 35
  • Other Holdings 2
  • % Assets in Top 10 Holdings 46.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

LOS RIOS CALIF CMNTY COLLEGE DIST 5%

6.14
2,501,702
municipal

SAN FRANCISCO CALIF BAY AREA RAPID TRAN DIST 5%

5.89
2,399,318
municipal

SANTA MARIA CALIF JT UN HIGH SCH DIST 0%

4.86
1,977,585
municipal

SAN MATEO FOSTER CITY CALIF PUB FING AUTH WASTEWATER REV 4%

4.55
1,851,267
municipal

CALIFORNIA HEALTH FACS FING AUTH REV 5%

4.40
1,792,384
municipal

MILPITAS CALIF UNI SCH DIST 3%

4.35
1,769,711
municipal

FOOTHILL-DE ANZA CALIF CMNTY COLLEGE DIST 0%

4.24
1,725,256
municipal

ORANGE CNTY CALIF WTR DIST REV CTFS PARTN 2.55%

4.18
1,700,000
municipal

CALIFORNIA EDL FACS AUTH REV 5%

3.95
1,608,896
municipal

UNIV CALIF REGTS MED CTR POOLED REV 3.55%

3.93
1,600,000
municipal