CCSTX Performance — Capital Group California Short-Term Municipal Fund, Share class
Data updated: 2026-09-28
CCSTX returned +0.50% year to date and +2.17% over one year to Jul 2026. Annualised returns are +2.90% over 3 years and +1.26% over 5 years. The fund trailed its Short-Term Municipal Bond category average: $100 invested three years ago grew to $109, against $110 for the category, and to $102 over one year, against $103. Volatility over the past three years was 2.16% a year. In the 12 months to Jul 2026 the fund took in a net $25.6M, and assets reached $148.82M.
CCSTX Growth of $100
What $100 invested in Capital Group California Short-Term Municipal Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Short-Term Municipal Bond category average over the same months.
| Period | CCSTX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $102 | $103 |
| 3 years (Aug 2023 – Jul 2026) | $109 | $110 |
| 5 years (Aug 2021 – Jul 2026) | $106 | $108 |
| Since data start (Aug 2019 – Jul 2026) | $110 | $112 |
CCSTX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +0.50% |
| 1 year | +2.17% |
| 3 years (annualised) | +2.90% |
| 5 years (annualised) | +1.26% |
CCSTX Annual Returns
Calendar-year total returns of Capital Group California Short-Term Municipal Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +0.50% |
| 2025 | +4.09% |
| 2024 | +2.04% |
| 2023 | +2.82% |
| 2022 | −2.72% |
| 2021 | −0.15% |
| 2020 | +2.33% |
| 2019 (Aug–Dec) | +0.46% |
CCSTX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.6% | +0.6% | −1.1% | +0.3% | +0.2% | +0.3% | −0.4% | — | — | — | — | — |
| 2025 | +0.5% | +0.6% | −0.2% | −0.3% | +0.5% | +0.7% | +0.6% | +0.7% | +0.4% | +0.1% | +0.1% | +0.4% |
| 2024 | 0.0% | 0.0% | 0.0% | −0.4% | 0.0% | +0.8% | +0.8% | +0.9% | +0.6% | −0.6% | +0.5% | −0.3% |
| 2023 | +1.2% | −1.4% | +1.4% | −0.4% | −0.5% | +0.4% | +0.2% | −0.1% | −1.1% | 0.0% | +2.3% | +1.0% |
| 2022 | −1.4% | −0.2% | −1.2% | −0.9% | +0.9% | −0.2% | +1.1% | −1.0% | −1.3% | +0.1% | +1.4% | +0.2% |
| 2021 | +0.2% | −0.4% | +0.1% | +0.2% | +0.1% | 0.0% | +0.2% | 0.0% | −0.2% | −0.2% | +0.2% | 0.0% |
| 2020 | +0.6% | +0.4% | −1.1% | −0.1% | +1.8% | +0.1% | +0.6% | −0.1% | +0.1% | −0.2% | +0.3% | +0.1% |
| 2019 | — | — | — | — | — | — | — | +0.3% | −0.5% | +0.3% | +0.1% | +0.2% |
CCSTX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 2.16%
- 3-year Sharpe ratio: -0.74 (vs 4.5% risk-free rate)
- Best month: +2.33% (Nov 2023)
- Worst month: −1.07% (Mar 2026)
CCSTX Fund Flows
Monthly money in and out of Capital Group California Short-Term Municipal Fund, from SEC Form N-PORT.
- 12-month net flow: $25.6M
- 12-month gross sales (incl. reinvestments): $67.7M
- Sales ÷ redemptions: 1.61×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $7.9M | $919K | $6.9M |
| Jun 2026 | $3.2M | $3.4M | −$237K |
| May 2026 | $5.9M | $3.8M | $2.1M |
| Apr 2026 | $10.1M | $8.4M | $1.7M |
| Mar 2026 | $7.9M | $4.2M | $3.7M |
| Feb 2026 | $12.0M | $1.7M | $10.3M |
| Jan 2026 | $4.9M | $2.6M | $2.2M |
| Dec 2025 | $1.2M | $4.2M | −$3.0M |
| Nov 2025 | $4.2M | $1.1M | $3.1M |
| Oct 2025 | $3.8M | $4.8M | −$1.0M |
| Sep 2025 | $2.7M | $4.0M | −$1.4M |
| Aug 2025 | $4.1M | $2.9M | $1.2M |
CCSTX Assets Under Management
Net assets of Capital Group California Short-Term Municipal Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $148.82M |
| 2026-04-30 | $140.94M |
| 2026-01-31 | $126.28M |
| 2025-10-31 | $123.29M |
| 2025-07-31 | $123.89M |
| 2025-04-30 | $118.88M |
| 2025-01-31 | $109.14M |
| 2024-10-31 | $107.73M |
| 2024-07-31 | $107.10M |
| 2024-04-30 | $97.29M |
| 2024-01-31 | $97.80M |
| 2023-10-31 | $108.79M |
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.