KCTCX — DWS California Tax-Free Income Fund
Data updated: 2026-07-24
KCTCX — DWS California Tax-Free Income Fund. Long Municipal - National Bond · $312.61M AUM · 1.56% expense ratio. Holdings, fees, performance and SEC filings.
KCTCX Fund Overview
KCTCX — DWS California Tax-Free Income Fund is a US mutual fund managed by Deutsche Dws State Tax-Free Income Series, categorised as Long Municipal - National Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Deutsche Dws State Tax-Free Income Series
- Category: Long Municipal - National Bond
- Assets under management: $312.61M
- 1-year return: 6.2%
- Ticker: KCTCX
- SEC CIK: 0000714287
- SEC series ID: S000006111
- Share class ID: C000016816
KCTCX Holdings
Top 10 holdings of DWS California Tax-Free Income Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| M-S-R Energy Authority | 2.63% |
| FHLMC Multifamily VRD Certificates | 2.26% |
| California Community Choice Financing Authority | 1.84% |
| California Enterprise Development Authority | 1.78% |
| Manteca Unified School District | 1.74% |
| Los Angeles County Public Works Financing Authority | 1.73% |
| City of San Francisco CA Public Utilities Commission Water Revenue | 1.72% |
| City of Irvine CA | 1.71% |
| San Diego Public Facilities Financing Authority | 1.71% |
| California State Public Works Board | 1.70% |
KCTCX Portfolio Allocation
Asset-class allocation of DWS California Tax-Free Income Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 103.3% |
KCTCX Performance
Total returns for KCTCX (as of 2026-09-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 1.5% |
| 1 year | 6.2% |
| 3 years (annualised) | 3.1% |
| 5 years (annualised) | -0.4% |
KCTCX Risk Information
Risk metrics for KCTCX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 4.4%
KCTCX Costs and Fees
KCTCX costs about $156 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.56%
- Gross expense ratio: 1.69%
- Portfolio turnover: 58%
- Brokerage commissions: 0.25 bps of average net assets (SEC N-CEN)
KCTCX Cashflows
Over the 12 months to 2026-05, DWS California Tax-Free Income Fund had net outflows of $8.17M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-05 | −$390.36K |
| 2026-04 | −$2.42M |
| 2026-03 | $137.38K |
| 2026-02 | $3.95M |
| 2026-01 | $3.49M |
| 2025-12 | −$8.42M |
KCTCX Debt Constituents
Largest debt holdings of DWS California Tax-Free Income Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| M-S-R Energy Authority | 2.63% |
| FHLMC Multifamily VRD Certificates | 2.26% |
| California Community Choice Financing Authority | 1.84% |
| California Enterprise Development Authority | 1.78% |
| Manteca Unified School District | 1.74% |
| Los Angeles County Public Works Financing Authority | 1.73% |
| City of San Francisco CA Public Utilities Commission Water Revenue | 1.72% |
| City of Irvine CA | 1.71% |
| San Diego Public Facilities Financing Authority | 1.71% |
| California State Public Works Board | 1.70% |
KCTCX Prospectus and SEC Filings
Official DWS California Tax-Free Income Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2025-11-21
- Prospectus (485BPOS) — filed 2024-11-25
- Prospectus (485BPOS) — filed 2023-11-29
- Portfolio holdings (N-PORT) — filed 2026-07-24
- Portfolio holdings (N-PORT) — filed 2026-04-27
- Portfolio holdings (N-PORT) — filed 2026-01-21
- Annual census (N-CEN) — filed 2025-11-03
- Annual census (N-CEN) — filed 2024-11-05
Related Funds
Other Long Municipal - National Bond funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.