See what your fund actually adds
Capital Group California Core Municipal Fund CCCMX
Historical return decomposition and an investable replication portfolio, using data through 2026-10-09.
Fund and replication metrics
| Measure | CCCMX | Replication |
|---|---|---|
| Annualized growth | 0.8% | 0.9% |
| Annualized volatility | 3.2% | 3.3% |
| Sharpe ratio | 0.25 | 0.28 |
| Maximum drawdown | 6.5% | 8.5% |
| Replication fit (R²) | 0.92 · Tracking error 0.9% | |
Replication portfolio
The published portfolio below is the investable basket used to model CCCMX’s historical return behavior.
| Ticker | Building block | Weight |
|---|---|---|
| MUB | FI · Municipal | 59.0% |
| VGSH | FI · Short Gov | 34.8% |
| STIP | FI · Short TIPS | 6.2% |