SRCCX Performance — California Municipal Fund, Class C
Data updated: 2026-09-25
SRCCX returned 0.00% year to date and +4.20% over one year to Jul 2026. Annualised returns are +2.13% over 3 years and −0.92% over 5 years. The fund trailed its Intermediate Municipal Bond category average: $100 invested three years ago grew to $107, against $109 for the category, and to $104 over one year, against $105. Volatility over the past three years was 4.61% a year. In the 12 months to Jul 2026 the fund took in a net $42.8M, and assets reached $671.79M.
SRCCX Growth of $100
What $100 invested in California Municipal Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Intermediate Municipal Bond category average over the same months.
| Period | SRCCX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $104 | $105 |
| 3 years (Aug 2023 – Jul 2026) | $107 | $109 |
| 5 years (Aug 2021 – Jul 2026) | $95 | $102 |
| Since data start (Aug 2019 – Jul 2026) | $103 | $109 |
SRCCX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | 0.00% |
| 1 year | +4.20% |
| 3 years (annualised) | +2.13% |
| 5 years (annualised) | −0.92% |
SRCCX Annual Returns
Calendar-year total returns of California Municipal Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | 0.00% |
| 2025 | +2.67% |
| 2024 | +1.40% |
| 2023 | +4.76% |
| 2022 | −11.43% |
| 2021 | +1.15% |
| 2020 | +3.99% |
| 2019 (Aug–Dec) | +1.30% |
SRCCX 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% | +1.0% | −2.2% | +1.1% | +0.3% | +0.8% | −1.7% | — | — | — | — | — |
| 2025 | +0.1% | +1.0% | −1.5% | −0.9% | −0.2% | +0.5% | −0.5% | +0.8% | +2.2% | +0.8% | +0.4% | 0.0% |
| 2024 | −0.2% | +0.2% | +0.1% | −0.8% | 0.0% | +1.2% | +0.7% | +0.6% | +0.8% | −1.1% | +1.2% | −1.1% |
| 2023 | +2.5% | −1.9% | +1.4% | +0.1% | −0.7% | +0.7% | +0.3% | −0.9% | −2.2% | −1.3% | +4.7% | +2.1% |
| 2022 | −3.0% | −0.8% | −3.5% | −3.5% | +0.9% | −1.9% | +2.7% | −2.1% | −3.6% | −1.2% | +4.3% | +0.2% |
| 2021 | +0.9% | −1.9% | +0.6% | +1.0% | +0.6% | +0.4% | +0.8% | −0.5% | −1.1% | −0.2% | +0.7% | 0.0% |
| 2020 | +2.0% | +1.7% | −6.5% | −2.2% | +3.4% | +2.1% | +1.9% | −0.5% | 0.0% | −0.3% | +1.9% | +0.8% |
| 2019 | — | — | — | — | — | — | — | +2.0% | −0.9% | −0.1% | +0.1% | +0.2% |
SRCCX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 4.61%
- 3-year Sharpe ratio: -0.51 (vs 4.5% risk-free rate)
- Best month: +4.69% (Nov 2023)
- Worst month: −2.20% (Sep 2023)
SRCCX Fund Flows
Monthly money in and out of California Municipal Fund, from SEC Form N-PORT.
- 12-month net flow: $42.8M
- 12-month gross sales (incl. reinvestments): $225.3M
- Sales ÷ redemptions: 1.23×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $14.0M | $14.0M | −$53K |
| Jun 2026 | $12.4M | $16.4M | −$4.0M |
| May 2026 | $13.6M | $12.4M | $1.2M |
| Apr 2026 | $22.8M | $15.1M | $7.7M |
| Mar 2026 | $16.3M | $14.1M | $2.2M |
| Feb 2026 | $22.0M | $15.6M | $6.3M |
| Jan 2026 | $20.6M | $9.7M | $10.9M |
| Dec 2025 | $26.5M | $22.4M | $4.1M |
| Nov 2025 | $19.3M | $8.1M | $11.2M |
| Oct 2025 | $24.3M | $20.1M | $4.2M |
| Sep 2025 | $15.6M | $18.9M | −$3.3M |
| Aug 2025 | $17.9M | $15.6M | $2.3M |
SRCCX Assets Under Management
Net assets of California Municipal Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $671.79M |
| 2026-04-30 | $682.80M |
| 2026-01-31 | $671.78M |
| 2025-10-31 | $642.96M |
| 2025-07-31 | $620.90M |
| 2025-04-30 | $613.54M |
| 2025-01-31 | $623.84M |
| 2024-10-31 | $622.31M |
| 2024-07-31 | $613.12M |
| 2024-04-30 | $605.88M |
| 2024-01-31 | $611.23M |
| 2023-10-31 | $557.90M |
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.