California Municipal Mutual Fund Money Managers
| ACMCX Fund | USD 13.75 0.01 0.07% |
Break down of California Municipal's management performance can provide insight into the fund's overall performance. Note that fund manager's attribution analysis is becoming a valuable factor that both investors and analysts use to determine the amount of risk that may be associated with California Municipal's future under-performance.
| Robert Davidson Executive Fund Manager |
| More |
California |
California Municipal Net Asset Comparison
California Municipal Portfolio is the top fund in net asset among similar funds. Total Asset Under Management (AUM) of Muni Single State Short category is currently estimated at about 6.16 Billion. California Municipal retains roughly 1.06 Billion in net asset claiming about 17% of funds under Muni Single State Short category.
California Municipal Benchmark Summation
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The output start index for this execution was zero with a total number of output elements of sixty-one. California Municipal Price Series Summation is a cross summation of California Municipal price series and its benchmark/peer.
California Municipal Stakeholder
| Robert Davidson | Fund Manager | Profile |
About California Municipal Management Performance
The success or failure of an entity such as California Municipal often depends on how effective the management is. California Municipal management team is responsible for propelling the future growth in the right direction and administering and controlling the business activities and accounting for the results. Ineffective management usually contributes to failure in the company's future performance for all stakeholders equally, but most importantly, for investors. So it is important to measure the effectiveness of California management before purchasing its stock. In many ways, it's all about finding the answer to one important question - Are they doing the right thing right now? How would we assess whether the California management is utilizing all available resources in the best possible way? Also, how well is the company doing relative to others in its sector and the market as a whole? The answer can be found by analyzing a few important fundamental indicators such as return on assets and return on equity.
The fund invests at least 80 percent of its net assets in a portfolio of municipal securities issued by the State of California or its political subdivisions, or otherwise exempt from California state income tax. It seeks to maintain an effective duration of three and one-half years to seven years. It is non-diversified.
Please note that past performance is not an indicator of the future performance of California Municipal, its manager's success, or the effectiveness of its strategy. The performance results shown here may have been adversely or favorably impacted by events and economic conditions that may not prevail in the future. Therefore, you must use caution to infer that these results indicate any fund, manager, or strategy's future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
California Municipal Annual Yield
In accordance with the recently published financial statements, California Municipal Portfolio has an Annual Yield of 0.002%. This is 97.78% lower than that of the AllianceBernstein family and significantly higher than that of the Muni Single State Short category. The annual yield for all United States funds is notably lower than that of the firm.
Small firms, start-ups, or companies with high growth potential typically do not pay out dividends or distribute a lot of their profits. These companies will have small yield. Alternatively, more established companies, ETFs, and funds that invest in bonds will have higher yields.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in California Municipal Portfolio. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the California Municipal information on this page should be used as a complementary analysis to other California Municipal's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.