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Morningstar

Old Westbury California Municipal Bd OWCAX

Morningstar Medalist Rating
Medalist Rating as of | See Old Westbury Investment Hub
  • NAV / 1-Day Return 9.68  /  −0.10 %
  • Total Assets 352.2 Mil
  • Adj. Expense Ratio
    0.580%
  • Expense Ratio 0.580%
  • Distribution Fee Level Above Average
  • Share Class Type No Load
  • Category Muni California Intermediate
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 2.47%
  • Effective Duration —

USD | NAV as of Apr 19, 2024 | 1-Day Return as of Apr 19, 2024, 12:21 AM GMT+0

Morningstar’s Analysis OWCAX

Will OWCAX 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 OWCAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

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

Weakness in Old Westbury California Municipal Bd's People and Process Pillar ratings limits this strategy to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings OWCAX

More OWCAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 27.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

CALIFORNIA EDL FACS AUTH REV 5%

3.53 12.4 Mil
municipal

UNIVERSITY CALIF REVS 5%

3.47 12.2 Mil
municipal

CALIFORNIA ST 5%

3.12 11.0 Mil
municipal

SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 5%

3.03 10.7 Mil
municipal

CALIFORNIA ST 5%

2.99 10.5 Mil
municipal

CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK REV 5%

2.87 10.1 Mil
municipal

UNIVERSITY CALIF REVS 5%

2.86 10.1 Mil
municipal

United States Treasury Notes 4.125%

2.14 7.5 Mil
Government

United States Treasury Notes 4.375%

2.12 7.5 Mil
Government

United States Treasury Notes 3.5%

2.05 7.2 Mil
Government