Capital Group California Short-Term Municipal Fund (CCSTX)
The fund primarily invests in municipal bonds issued by the state of California, its agencies and municipalities. It normally invests at least 80% of its assets in, or derives at least 80% of its income from, securities that are exempt from both federal and California income taxes. The fund invests primarily in municipal bonds with quality ratings of A- or A3 or better by NRSROs.
Fund Info
US14042Y2054
Apr 12, 2010
$25,000
Expense Ratio
CCSTX has an expense ratio of 0.30%, placing it in the medium range.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
Loading data...
Returns By Period
Capital Group California Short-Term Municipal Fund (CCSTX) returned 0.87% year-to-date (YTD) and 3.49% over the past 12 months. Over the past 10 years, CCSTX returned 1.16% annually, underperforming the S&P 500 benchmark at 10.85%.
CCSTX
0.87%
0.30%
0.56%
3.49%
1.98%
0.72%
1.16%
^GSPC (Benchmark)
0.51%
5.49%
-2.00%
12.02%
12.68%
14.19%
10.85%
Monthly Returns
The table below presents the monthly returns of CCSTX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 0.50% | 0.58% | -0.22% | -0.30% | 0.30% | 0.87% | |||||||
| 2024 | -0.03% | -0.03% | -0.03% | -0.43% | -0.02% | 0.78% | 0.78% | 0.88% | 0.58% | -0.62% | 0.48% | -0.30% | 2.05% |
| 2023 | 1.16% | -1.38% | 1.38% | -0.36% | -0.54% | 0.36% | 0.15% | -0.15% | -1.06% | -0.04% | 2.32% | 1.00% | 2.81% |
| 2022 | -1.40% | -0.25% | -1.23% | -0.95% | 0.88% | -0.24% | 1.08% | -1.01% | -1.33% | 0.11% | 1.43% | 0.22% | -2.71% |
| 2021 | 0.16% | -0.42% | 0.07% | 0.15% | 0.07% | -0.03% | 0.15% | -0.04% | -0.25% | -0.15% | 0.15% | -0.02% | -0.15% |
| 2020 | 0.61% | 0.40% | -1.13% | -0.11% | 1.76% | 0.08% | 0.58% | -0.09% | 0.08% | -0.23% | 0.28% | 0.13% | 2.35% |
| 2019 | 0.52% | 0.22% | 0.33% | 0.03% | 0.71% | 0.31% | 0.41% | 0.31% | -0.47% | 0.27% | 0.13% | 0.21% | 3.03% |
| 2018 | 0.12% | -0.02% | 0.00% | -0.19% | 0.51% | 0.21% | 0.21% | 0.12% | -0.38% | -0.02% | 0.33% | 0.53% | 1.41% |
| 2017 | 0.58% | 0.49% | -0.01% | 0.29% | 0.49% | -0.20% | 0.39% | 0.29% | -0.20% | -0.00% | -0.78% | 0.19% | 1.56% |
| 2016 | 0.57% | 0.29% | -0.31% | 0.28% | -0.12% | 0.38% | 0.18% | -0.02% | -0.20% | -0.20% | -1.38% | 0.23% | -0.32% |
| 2015 | 0.76% | -0.39% | -0.02% | -0.10% | -0.20% | 0.10% | 0.28% | 0.09% | 0.28% | 0.18% | -0.20% | -0.01% | 0.76% |
| 2014 | 0.47% | 0.39% | -0.42% | 0.18% | 0.36% | -0.03% | 0.07% | 0.36% | -0.13% | 0.16% | -0.04% | -0.19% | 1.18% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 89, CCSTX is among the top 11% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Capital Group California Short-Term Municipal Fund (CCSTX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Loading data...
Dividends
Dividend History
Capital Group California Short-Term Municipal Fund provided a 2.02% dividend yield over the last twelve months, with an annual payout of $0.20 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.20 | $0.21 | $0.18 | $0.09 | $0.11 | $0.15 | $0.15 | $0.13 | $0.13 | $0.11 | $0.12 | $0.09 |
Dividend yield | 2.02% | 2.13% | 1.84% | 0.93% | 1.02% | 1.45% | 1.41% | 1.30% | 1.25% | 1.07% | 1.15% | 0.89% |
Monthly Dividends
The table displays the monthly dividend distributions for Capital Group California Short-Term Municipal Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.02 | $0.02 | $0.02 | $0.02 | $0.00 | $0.08 | |||||||
| 2024 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.21 |
| 2023 | $0.02 | $0.01 | $0.02 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.18 |
| 2022 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.09 |
| 2021 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.00 | $0.01 | $0.01 | $0.04 | $0.11 |
| 2020 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.04 | $0.15 |
| 2019 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.15 |
| 2018 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.13 |
| 2017 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.13 |
| 2016 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.11 |
| 2015 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.12 |
| 2014 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.09 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Loading data...
Worst Drawdowns
The table below displays the maximum drawdowns of the Capital Group California Short-Term Municipal Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Capital Group California Short-Term Municipal Fund was 4.99%, occurring on Mar 20, 2020. Recovery took 46 trading sessions.
The current Capital Group California Short-Term Municipal Fund drawdown is 0.50%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -4.99% | Mar 10, 2020 | 9 | Mar 20, 2020 | 46 | May 27, 2020 | 55 |
| -4.88% | Feb 11, 2021 | 412 | Sep 29, 2022 | 444 | Jul 9, 2024 | 856 |
| -2.13% | Dec 10, 2012 | 136 | Jun 25, 2013 | 172 | Mar 3, 2014 | 308 |
| -2.07% | Sep 3, 2010 | 108 | Feb 7, 2011 | 123 | Aug 3, 2011 | 231 |
| -1.99% | Aug 29, 2016 | 67 | Dec 1, 2016 | 116 | May 19, 2017 | 183 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading data...