Mutual Fund Insights: DWS California Tax-Free Income S Fund (SDCSX)

In-depth Analysis of DWS California Tax-Free Income S Fund (SDCSX)

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See DWS California Tax-Free Income S Fund (SDCSX) performance details as of February 28, 2010

  

Last Trade: $7.25 on 3/19/2010, Change: 0.00 (0%)

  

Fund Manager - Eleanor R. Lynch

Fund Manager Tenure: 10.2 years
Fundmojo Fund Grade: A (Score: 0.74)     (What does this score mean?)

Lynch is the co-lead portfolio manager for Scudder Managed Municipal Bond Tax Fund, Scudder California Tax-Free Income Fund and Scudder Municipal Income Trust: Boston. He joined the Company in 1995 after 8 years of experience as assistant portfolio manager and trader for Vanguard Group of Investment Companies.  Get more insights on Eleanor R. Lynch

  

 What we like about DWS California Tax-Free Income S Fund (SDCSX)

Data for DWS California Tax-Free Income S Fund (SDCSX) as of February 28, 2010

• DWS California Tax-Free Income S Fund (SDCSX) management has been with DWS California Tax-Free Income S Fund for 10.2 years
• DWS California Tax-Free Income S Fund (SDCSX) has good mid-term performance (3-year return 3.95% vs 1.83 % Muni California Long category average)
• DWS California Tax-Free Income S Fund (SDCSX) has good Long-term performance (5-year return 4.04% vs 2.92 % Muni California Long category average)
• DWS California Tax-Free Income S Fund (SDCSX) ratio of up-years vs down years is greater than 2
• DWS California Tax-Free Income S Fund (SDCSX) has a Morningstar rating of 4 and above
• DWS California Tax-Free Income S Fund (SDCSX) is less volatile than its peers as it has a 3-year Standard Deviation of 7.39, lower than category average of 8.44
• DWS California Tax-Free Income S Fund (SDCSX) has a lower management fee than its Muni California Long average: 0.62% vs 1.04%
• DWS California Tax-Free Income S Fund (SDCSX) is a true no-load fund as it has no load and no 12b1 promotion, distributions, marketing expenses

  

 What we are cautious about DWS California Tax-Free Income S Fund (SDCSX)

Data for DWS California Tax-Free Income S Fund (SDCSX) as of February 28, 2010

• DWS California Tax-Free Income S Fund (SDCSX) has a less-than-ideal short-term performance (1-year return 10.72% vs 12.42 % Muni California Long category average)
• DWS California Tax-Free Income S Fund (SDCSX) has an annual stock turnover rate of 77.00% that is higher than the Muni California Long average of 32.82%. This could mean DWS California Tax-Free Income S is more nimble, but also signal potential high tax impact and high trading fees

See DWS California Tax-Free Income S Fund (SDCSX) performance details as of February 28, 2010

  

  

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DWS California Tax-Free Income S Fund (SDCSX) Net Asset

Track net asset change of DWS California Tax-Free Income S fund (SDCSX)

Date	Net Asset
02/2010	$798.01M
01/2010	$311.88M
11/2009	$303.14M

More historic net asset information on DWS California Tax-Free Income S Fund (SDCSX)

  

DWS California Tax-Free Income S Fund (SDCSX) Portfolio Allocation

Track portfolio allocation change of DWS California Tax-Free Income S fund (SDCSX)

Date	Cash	Stock	Bond	Other
09/2009	0.77%	0%	99.23%	0%
03/2009	0.41%	0%	99.59%	0%
12/2008	0.19%	0%	99.81%	0%

Click here to see more historic asset allocation information on DWS California Tax-Free Income S Fund (SDCSX)

  

Most Recent Top 10 Holdings in DWS California Tax-Free Income S Fund (SDCSX)

Discover what DWS California Tax-Free Income S Fund (SDCSX) manager is buying

30-Sep-09 Puerto Rico Comwlth Pub Impt 5.5% [3.39%] California St Go Bds 6.5% [2.33%] Big Bear Lake Calif Wtr Rev Wtr Rev R 6% [2.21%] RANCHO CALIF WTR DIST FING AUT REV BDS [2.03%] Sacramento Cnty Calif Wtr Fing Wtr Re 5% [1.67%] Long Beach Calif Hbr Rev Rev Ref B 6% [1.66%] Puerto Rico Sales Tax Fing Cor Rev 6.5% [1.57%] San Francisco Calif City & Cnt Wa 5.125% [1.56%] Pittsburg Calif Redev Agy Tax Tax A 6.5% [1.54%] San Diego Calif Cmnty College Go C 5.25% [1.51%]

31-Mar-09 Puerto Rico Comwlth Pub Impt 5.5% [3.11%] Puerto Rico Elec Pwr Auth 5.5% [2.24%] CALIFORNIA ST GO BDS [2.22%] Big Bear Lake Calif Wtr Rev Wtr Rev R 6% [2.19%] Rancho Calif Wtr Dist 5% [2%] Long Beach Calif Hbr Rev Rev Bds 5.75% [1.84%] California Statewide Cmntys De Hosp 6.5% [1.69%] Sacramento Cnty Calif Wtr Fing Wtr Re 5% [1.64%] Long Beach Calif Hbr Rev Rev Ref B 6% [1.58%] California St Univ Rev Systemwid 5% [1.53%]

31-Dec-08 Puerto Rico Elec Pwr Auth 5.5% [3.79%] Libor Swap 15 Yr Fx [3.23%] Puerto Rico Comwlth Pub Impt 5.5% [2.98%] Libor Swap 15yr Flt [2.58%] California St Econ Recover Double Ba 5% [2.47%] 99s02pjs4 Cds Usd P F 5.06000 [2.19%] Libor Swap 15yr 12/23 Ms Fx [2.16%] Big Bear Lake Calif Wtr Rev Wtr Rev R 6% [2.14%] Rancho Calif Wtr Dist 5% [1.96%] Long Beach Calif Hbr Rev Rev Bds 5.75% [1.9%]

Click here for Stock Holding Change Map in DWS California Tax-Free Income S Fund (SDCSX)

  

Related books and products to DWS California Tax-Free Income S Fund (SDCSX)

  

Latest News on DWS California Tax-Free Income S (SDCSX)

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Books and Resources

 

 

See more information on DWS California Tax-Free Income S Fund (SDCSX)

• DWS California Tax-Free Income S Fund Insights
• DWS California Tax-Free Income S Fund Performance Data
• DWS California Tax-Free Income S Fund News
• DWS California Tax-Free Income S Fund Score Explaination
• DWS California Tax-Free Income S Fund Manager Information
• Historic DWS California Tax-Free Income S Fund Asset Allocation Report
• Historic DWS California Tax-Free Income S Fund Top 10 Holding Tracking
• Historic DWS California Tax-Free Income S Fund Asset Under Management Tracking