CCSTX Fees and Costs — Capital Group California Short-Term Municipal Fund, Share class
Data updated: 2026-09-28
The net expense ratio is 0.30%: a 0.25% management fee plus 0.06% other expenses, less a 0.01% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 46%.
CCSTX Fees and Expenses
Annual operating expenses and sales charges of CCSTX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.25% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.06% |
| Gross expense ratio | 0.31% |
| Fee waiver | −0.01% |
| Net expense ratio | 0.30% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | 0.00% |
| 30-day yield | 2.02% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
CCSTX Costs Over Time
On $10,000 invested in CCSTX, assuming 5% a year before costs, total costs come to $190 over 5 years, cutting the return by 0.31% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.30%) | $32 | $99 | $173 |
| Lost growth on money paid in costs | $0 | $5 | $17 |
| Total costs | $32 | $104 | $190 |
| Value after costs | $10,468 | $11,472 | $12,573 |
| Impact on return, per year | 0.31% | 0.31% | 0.31% |
CCSTX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $203.1M
- Portfolio turnover (prospectus): 46%
- Securities lending: none during the year
CCSTX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $82.0M | 46.11% |
| Bank of America, N.A. | $35.6M | 20.03% |
| Morgan Stanley & Co. LLC | $12.6M | 7.06% |
| Wells Fargo Securities, LLC | $11.5M | 6.48% |
| Stifel, Nicolaus & Company, Inc. | $10.3M | 5.77% |
| Barclays Bank PLC | $9.5M | 5.36% |
| Goldman Sachs & Co. LLC | $7.3M | 4.09% |
| RBC Capital Markets LLC | $3.9M | 2.21% |
| Siebert Williams Shank & Co., LLC | $2.9M | 1.61% |
| Mesirow Financial Holdings, Plc | $2.3M | 1.28% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.