Morningstar

Northern California Tax-Exempt Fund NCATX

Morningstar Medalist Rating
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Medalist Rating as of See Northern Trust Investment Hub
  • NAV / 1-Day Return $10.02  /  +0.70 %
  • Fund Size $122.7M
  • Adjusted Expense Ratio 0.460%
  • Net Expense Ratio 0.460%
  • Fee Level: Distribution Below Average
  • Share Class Type No Load
  • Morningstar Category Muni California Long
  • Fixed-Income Style Box (Funds) Medium/Extensive
  • Minimum Initial Investment $2,500
  • Investment Status Open
  • TTM Yield 3.51%
  • Average Effective Duration 7.46 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis NCATX

Will NCATX outperform in the 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 NCATX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the NCATX 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 NCATX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Northern CA Tax-Exempt holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.

by Morningstar Automated Analysis
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Portfolio Holdings NCATX

More NCATX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 15.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Northern Institutional US Government

5.48 7M
Cash and Equivalents

NEWPORT-MESA CALIF UNI SCH DIST 0%

3.18 4M
municipal

CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK REV 1.2%

1.57 2M
municipal

CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5%

1.47 2M
municipal

CALIFORNIA HEALTH FACS FING AUTH REV 4%

1.45 2M
municipal

UNIVERSITY CALIF REVS 4%

1.44 2M
municipal

CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5%

1.44 2M
municipal

CALIFORNIA HEALTH FACS FING AUTH REV 5%

1.31 2M
municipal

CALIFORNIA ST 5%

1.30 2M
municipal

LOS ANGELES CNTY CALIF PUB WKS FING AUTH LEASE REV 5.25%

1.27 2M
municipal

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