SBDAX — California Municipal Bond Fund
Data updated: 2026-07-29
SBDAX — California Municipal Bond Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. Intermediate Municipal - National Bond · $221.57M AUM · 0.82% expense ratio · 5.5% 1-yr return. From SEC regulatory filings.
SBDAX Fund Overview
SBDAX — California Municipal Bond Fund is a US mutual fund managed by Sei Tax Exempt Trust, categorised as Intermediate 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: Sei Tax Exempt Trust
- Category: Intermediate Municipal - National Bond
- Assets under management: $221.57M
- 1-year return: 5.5%
- Ticker: SBDAX
- SEC CIK: 0000701817
- SEC series ID: S000006436
- Share class ID: C000017631
SBDAX Holdings
Top 10 holdings of California Municipal Bond Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Los Angeles Calif Dept Wtr & Pwr Rev | 3.15% |
| State of California | 2.55% |
| California Cmnty Choice Fing Auth Clean Energy Proj Rev | 2.29% |
| State of California | 2.23% |
| Burbank Glendale Pasadena Arpt Auth Calif Arpt Rev | 2.08% |
| California Statewide Cmntys Dev Auth Rev | 1.94% |
| California Health Facs Fing Auth Rev | 1.94% |
| California St | 1.94% |
| University Calif Revs | 1.86% |
| California Cmnty Choice Fing Auth Clean Energy Proj Rev | 1.71% |
SBDAX Portfolio Allocation
Asset-class allocation of California Municipal Bond Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 99.2% |
| Cash & Equivalents | 0.5% |
SBDAX Performance
Total returns for SBDAX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | -0.6% |
| 1 year | 5.5% |
| 3 years (annualised) | 3.0% |
| 5 years (annualised) | 0.4% |
SBDAX Risk Information
Risk metrics for SBDAX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 3.9%
SBDAX Costs and Fees
SBDAX costs about $82 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.82%
- Gross expense ratio: 0.82%
- Portfolio turnover: 28%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
SBDAX Cashflows
Over the 12 months to 2026-02, California Municipal Bond Fund had net outflows of $41.37M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-02 | −$2.26M |
| 2026-01 | −$2.36M |
| 2025-12 | −$121.27K |
| 2025-11 | −$2.24M |
| 2025-10 | −$4.97M |
| 2025-09 | −$970.68K |
SBDAX Debt Constituents
Largest debt holdings of California Municipal Bond Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Los Angeles Calif Dept Wtr & Pwr Rev | 3.15% |
| State of California | 2.55% |
| California Cmnty Choice Fing Auth Clean Energy Proj Rev | 2.29% |
| State of California | 2.23% |
| Burbank Glendale Pasadena Arpt Auth Calif Arpt Rev | 2.08% |
| California Statewide Cmntys Dev Auth Rev | 1.94% |
| California Health Facs Fing Auth Rev | 1.94% |
| California St | 1.94% |
| University Calif Revs | 1.86% |
| California Cmnty Choice Fing Auth Clean Energy Proj Rev | 1.71% |
SBDAX Prospectus and SEC Filings
Official California Municipal Bond Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Intermediate 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.