CFNTX Fees and Costs — Green California Tax-Free Income Fund, Investor Shares
Data updated: 2026-07-30
The net expense ratio is 0.81%: a 0.50% management fee plus 0.31% other expenses. There are no sales loads or redemption fees. Portfolio turnover was 40%.
CFNTX Fees and Expenses
Annual operating expenses and sales charges of CFNTX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.50% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.31% |
| Gross expense ratio | 0.81% |
| Fee waiver | — |
| Net expense ratio | 0.81% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
CFNTX Costs Over Time
On $10,000 invested in CFNTX, assuming 5% a year before costs, total costs come to $509 over 5 years, cutting the return by 0.85% 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 0.81%) | $85 | $266 | $462 |
| Lost growth on money paid in costs | $0 | $13 | $47 |
| Total costs | $85 | $279 | $509 |
| Value after costs | $10,415 | $11,297 | $12,254 |
| Impact on return, per year | 0.85% | 0.85% | 0.85% |
CFNTX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $18.6M
- Portfolio turnover (prospectus): 40%
- Securities lending: none during the year
CFNTX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| WELLS FARGO SECURITIES, LLC | $11.6M | 62.09% |
| MORGAN STANLEY SMITH BARNEY | $4.0M | 21.23% |
| BANK OF AMERICA SECURITIES LLC | $1.3M | 7.02% |
| JPMORGAN CHASE | $1.0M | 5.36% |
| GOLDMAN SACHS & CO. LLC | $800K | 4.29% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.