Capital Group California Short-Term Municipal Fund (CCSTX) belongs to the Municipal Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with CCSTX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to CCSTX
CCSTX charges 0.30% annually. There are 53 mutual funds in the Municipal Bonds category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Western Asset SMASh Series TF Fund | 0.01% | — | Dec 2015 | CCSTX vs LSMSX | |
| Federated Hermes Conservative Municipal Microshort... | 0.05% | — | Feb 2021 | CCSTX vs FHMIX | |
| Nuveen Municipal Total Return Managed Accounts | 0.05% | — | May 2007 | CCSTX vs NMTRX | |
| Strategic Advisers Municipal Bond Fund | 0.06% | — | Jun 2021 | CCSTX vs FSMUX | |
| PIMCO Fixed Income SHares: Series TE | 0.07% | — | Jun 2012 | CCSTX vs FXIEX |
Best Risk-Adjusted Alternatives to CCSTX
CCSTX has a PortfoliosLab risk / return rank of 79. There are 68 mutual funds in the Municipal Bonds category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Short-Term Selective State Municipal Bond Port... | 100 | — | Apr 2022 | CCSTX vs DFABX | |
| DFA NY Municipal Bond Portfolio | 99 | — | Jun 2015 | CCSTX vs DNYMX | |
| DFA California Short Term Municipal Bond Portfolio | 99 | — | Apr 2007 | CCSTX vs DFCMX | |
| DFA Short Term Municipal Bond Portfolio | 99 | — | Aug 2002 | CCSTX vs DFSMX | |
| abrdn Ultra Short Municipal Income Fund | 99 | — | Dec 2002 | CCSTX vs ATOIX |
Top Performing CCSTX Alternatives (YTD)
CCSTX is at 0.68% YTD. There are 448 mutual funds in the Municipal Bonds category with higher YTD returns, going as high as 11.65%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Nuveen Municipal Income Fund, Inc. | 11.65% | — | Apr 1998 | CCSTX vs NMI | |
| Nuveen Virginia Quality Municipal Income Fund | 6.88% | — | Mar 1993 | CCSTX vs NPV | |
| Nuveen New York AMT Free Quality Municipal Income | 6.87% | — | Nov 2002 | CCSTX vs NRK | |
| AllianceBernstein National Municipal Income Fund | 6.20% | — | Nov 2001 | CCSTX vs AFB | |
| BlackRock MuniYield Michigan Quality Fund | 5.14% | — | Oct 1992 | CCSTX vs MIY |
Lowest Volatility Alternatives to CCSTX
CCSTX has 1.14% 1-year volatility. There are 26 mutual funds in the Municipal Bonds category with lower 1-year volatility, going as low as 0.56%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Short-Term Selective State Municipal Bond Port... | 0.56% | — | Apr 2022 | CCSTX vs DFABX | |
| JPMorgan Ultra-Short Municipal Fund | 0.59% | — | May 2016 | CCSTX vs USMSX | |
| JPMorgan Ultra-Short Municipal Fund | 0.59% | — | May 2016 | CCSTX vs USMTX | |
| DFA California Short Term Municipal Bond Portfolio | 0.59% | — | Apr 2007 | CCSTX vs DFCMX | |
| DFA Short Term Municipal Bond Portfolio | 0.61% | — | Aug 2002 | CCSTX vs DFSMX |
Lowest Drawdown Alternatives to CCSTX
CCSTX has a 1-year max drawdown of -1.17%. There are 33 mutual funds in the Municipal Bonds category with shallower 1-year drawdowns, going as shallow as 0.00%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| BlackRock Allocation Target Shares | 0.00% | — | May 2021 | CCSTX vs BATVX | |
| Federated Hermes Conservative Municipal Microshort... | -0.10% | — | Feb 2021 | CCSTX vs FHMIX | |
| abrdn Ultra Short Municipal Income Fund | -0.10% | — | Dec 2002 | CCSTX vs ATOIX | |
| Cavanal Hill Ultra Short Tax-Free Income Fund | -0.10% | — | Dec 2017 | CCSTX vs APUSX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | -0.10% | — | Apr 2016 | CCSTX vs TFCYX |
Other Mutual Funds from Capital Group
The 6 most viewed Capital Group mutual funds shown here include AGTHX, RFNGX, HIMFX and span 4 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| American Funds The Growth Fund of America Class A | Large Cap Growth Equities | 34 | 10.09% | — | Dec 1973 | CCSTX vs AGTHX | |
| American Funds Fundamental Investors Fund Class R6 | Large Cap Growth Equities | 76 | 15.28% | — | May 2009 | CCSTX vs RFNGX | |
| American High-Income Municipal Bond Fund Class F-3 | High Yield Muni | 79 | 2.37% | — | Jan 2017 | CCSTX vs HIMFX | |
| American High-Income Municipal Bond Fund Class F-2 | High Yield Muni | 78 | 2.33% | — | Aug 2008 | CCSTX vs AHMFX | |
| American Funds Fundamental Investors Fund Class R2 | Large Cap Blend Equities | 70 | 14.77% | — | May 2002 | CCSTX vs RFNBX | |
| Capital Group California Core Municipal Fund | Municipal Bonds | 64 | 0.60% | — | Apr 2010 | CCSTX vs CCCMX |
Often Compared With CCSTX
Investors most often compare CCSTX with VMLTX, FMBIX, NQP. These 8 comparison targets span 1 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Vanguard Limited-Term Tax-Exempt Fund Investor Sha... | Municipal Bonds | 77 | 1.01% | 34.70B | Aug 1987 | CCSTX vs VMLTX | |
| Fidelity Municipal Bond Index Fund | Municipal Bonds | — | — | 0.00 | Jul 2019 | CCSTX vs FMBIX | |
| Nuveen Pennsylvania Quality Municipal Income | Municipal Bonds | — | — | — | Feb 1991 | CCSTX vs NQP | |
| Strategic Advisers Tax-Sensitive Short Duration Fu... | Municipal Bonds | 96 | 0.67% | — | Dec 2017 | CCSTX vs FGNSX | |
| Nuveen Municipal Value Fund Inc. | Municipal Bonds | 36 | 1.79% | — | Apr 1987 | CCSTX vs NUV | |
| BlackRock MuniYield Quality Fund | Municipal Bonds | 15 | 3.28% | — | Jul 1992 | CCSTX vs MQY | |
| BlackRock MuniHoldings California Quality Fund | Municipal Bonds | 23 | 4.06% | — | Feb 1998 | CCSTX vs MUC | |
| BlackRock MuniHoldings New Jersey Quality Fund | Municipal Bonds | 44 | 4.64% | — | Mar 1998 | CCSTX vs MUJ |
Compare CCSTX with Any Fund or Stock
Compare CCSTX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair CCSTX with funds that move differently
Capital Group California Short-Term Municipal Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to CCSTX.
Explore CCSTX Diversifiers