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SCFVX

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1d
1w
1m

Analysis and statistics

  • Open
    9.8089$
  • Previous Close
    9.8089$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

SCFVX.US represents the Schwab California Tax-Free Income Fund, a mutual fund offered by Charles Schwab Investment Management, Inc. The fund aims to provide current income exempt from federal and California state income taxes, consistent with preservation of capital. It invests primarily in municipal securities issued by California state and local governments and their agencies. As a mutual fund, its net asset value (NAV) fluctuates based on the market value of its underlying holdings.
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Factors

Equity Market Performance: General stock market trends heavily influence SCFVX's price, as it primarily invests in stocks. A rising market typically boosts its value, while a downturn can cause declines.

Fund's Holdings Performance: The individual performance of the stocks within SCFVX's portfolio directly impacts its overall value. Strong performance of key holdings leads to price appreciation.

Investor Sentiment: Demand for SCFVX shares affects its price. Positive sentiment and increased investment drive the price up, while negative sentiment and outflows can lower it.

Expense Ratio: SCFVX's expense ratio, representing annual management fees, indirectly affects its returns. Higher expenses reduce the overall profit passed on to investors, potentially impacting price appreciation over time.

Interest Rates: Rising interest rates can make bonds more attractive compared to stocks, potentially leading to some investors shifting from equity funds like SCFVX, impacting its price.

Economic Conditions: Broad economic factors like GDP growth, inflation, and unemployment can influence investor confidence and market performance, subsequently affecting SCFVX's price.

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