Morningstar

Northern California Tax-Exempt Fund NCATX

Morningstar Medalist Rating
Medalist Rating as of | See Northern Trust Investment Hub
  • NAV / 1-Day Return 10.54  /  −0.09 %
  • Total Assets 130.7M
  • Adj. Expense Ratio
    0.460%
  • Expense Ratio 0.460%
  • Distribution Fee Level Below Average
  • Share Class Type No Load
  • Category Muni California Long
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield 3.28%
  • Effective Duration 6.70 years

USD | NAV as of Jun 06, 2026 | 1-Day Return as of Jun 06, 2026, 4:50 AM GMT+0

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
Rated on Published on

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Portfolio Holdings NCATX

More NCATX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 20.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

NEWPORT-MESA CALIF UNI SCH DIST 0%

4.15 6M
municipal

CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK REV 1.75%

2.58 3M
municipal

LOS ANGELES CALIF CMNTY COLLEGE DIST 4%

2.17 3M
municipal

UNIVERSITY CALIF REVS 5%

1.88 3M
municipal

BAY AREA TOLL AUTH CALIF TOLL BRDG REV 3.3%

1.86 3M
municipal

Northern Institutional US Government

1.81 2M
Cash and Equivalents

CALIFORNIA ST 5%

1.60 2M
municipal

CALIFORNIA ST 5%

1.50 2M
municipal

UNIVERSITY CALIF REVS 4%

1.44 2M
municipal

CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK REV 1.2%

1.41 2M
municipal

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