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KCTAXETF / FundDWS California Tax-Free Income Fund

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Fund look-through

DWS California Tax-Free Income Fund · DEUTSCHE DWS STATE TAX-FREE INCOME SERIES

193 holdings

This fund holds short positions, so exposure is counted gross — long and short both count as exposure rather than netting off, and the weights below therefore sum to 103% of net assets rather than 100%. Shares of the portfolio are shown as shares of that gross exposure.

UNVERIFIED None of this fund's 193 holdings are companies in our screened equity universe. Our look-through screens equities, so it does not apply to a fund holding bonds, sukuk or other instruments — this is not a gap in our data about the fund.

Largest holdings: M-S-R Energy Authority, California Community Choice Financing Authority, California Enterprise Development Authority, Manteca Unified School District, Los Angeles County Public Works Financing Authority.

193 holdings, 3 matched (4% of weight). Portfolio as of 2026-05-31, filed 2026-07-24. Source: SEC Form N-PORT.

Portfolio shares are withheld: coverage is below the floor needed to state one. The holdings themselves are below, because the names are evidence you can check.

All holdings (193)
HoldingStatusWeightEvery methodology, and the debt ratio behind it
M-S-R Energy Authority UNSCREENED 2.63% no in-house ratios for this holding
FHLMC Multifamily VRD Certificates NON_COMPLIANT 2.26% no in-house ratios for this holding
California Community Choice Financing Authority UNSCREENED 1.84% no in-house ratios for this holding
California Enterprise Development Authority UNSCREENED 1.78% no in-house ratios for this holding
Manteca Unified School District UNSCREENED 1.74% no in-house ratios for this holding
Los Angeles County Public Works Financing Authority UNSCREENED 1.73% no in-house ratios for this holding
City of San Francisco CA Public Utilities Commission Water Revenue UNSCREENED 1.72% no in-house ratios for this holding
City of Irvine CA UNSCREENED 1.71% no in-house ratios for this holding
San Diego Public Facilities Financing Authority UNSCREENED 1.71% no in-house ratios for this holding
California State Public Works Board UNSCREENED 1.70% no in-house ratios for this holding
San Jose Financing Authority UNSCREENED 1.68% no in-house ratios for this holding
Colton Joint Unified School District UNSCREENED 1.67% no in-house ratios for this holding
State of California UNSCREENED 1.40% no in-house ratios for this holding
San Francisco City & County Airport Comm-San Francisco International Airport UNSCREENED 1.38% no in-house ratios for this holding
Riverside County Transportation Commission UNSCREENED 1.36% no in-house ratios for this holding
San Francisco City & County Redevelopment Agency Successor Agency UNSCREENED 1.29% no in-house ratios for this holding
California Health Facilities Financing Authority UNSCREENED 1.22% no in-house ratios for this holding
San Francisco City & County Airport Comm-San Francisco International Airport UNSCREENED 1.19% no in-house ratios for this holding
Pajaro Valley Unified School District UNSCREENED 1.18% no in-house ratios for this holding
Moreno Valley Unified School District/CA UNSCREENED 1.18% no in-house ratios for this holding
California Statewide Communities Development Authority UNSCREENED 1.10% no in-house ratios for this holding
Southern California Public Power Authority UNSCREENED 1.08% no in-house ratios for this holding
California Municipal Finance Authority UNSCREENED 1.08% no in-house ratios for this holding
California Municipal Finance Authority UNSCREENED 1.02% no in-house ratios for this holding
San Francisco City & County Airport Comm-San Francisco International Airport UNSCREENED 1.02% no in-house ratios for this holding
Hayward Unified School District UNSCREENED 1.01% no in-house ratios for this holding
California Municipal Finance Authority UNSCREENED 0.99% no in-house ratios for this holding
California Health Facilities Financing Authority UNSCREENED 0.98% no in-house ratios for this holding
California Municipal Finance Authority UNSCREENED 0.96% no in-house ratios for this holding
Golden State Tobacco Securitization Corp UNSCREENED 0.96% no in-house ratios for this holding
El Monte City School District/CA UNSCREENED 0.94% no in-house ratios for this holding
Puerto Rico Sales Tax Financing Corp Sales Tax Revenue UNSCREENED 0.94% no in-house ratios for this holding
Downey Unified School District UNSCREENED 0.91% no in-house ratios for this holding
Modesto Irrigation District UNSCREENED 0.89% no in-house ratios for this holding
California Municipal Finance Authority UNSCREENED 0.88% no in-house ratios for this holding
County of Sacramento CA UNSCREENED 0.86% no in-house ratios for this holding
Rio Hondo Community College District/CA UNSCREENED 0.86% no in-house ratios for this holding
FRETE 2019-ML05 TRUST NON_COMPLIANT 0.85% no in-house ratios for this holding
California County Tobacco Securitization Agency UNSCREENED 0.84% no in-house ratios for this holding
City of Irvine CA UNSCREENED 0.82% no in-house ratios for this holding
Foothill-Eastern Transportation Corridor Agency UNSCREENED 0.79% no in-house ratios for this holding
University of California UNSCREENED 0.75% no in-house ratios for this holding
Moreland School District UNSCREENED 0.73% no in-house ratios for this holding
Antelope Valley Community College District UNSCREENED 0.70% no in-house ratios for this holding
California Community Choice Financing Authority UNSCREENED 0.69% no in-house ratios for this holding
Santa Monica Redevelopment Agency UNSCREENED 0.68% no in-house ratios for this holding
San Francisco City & County Airport Comm-San Francisco International Airport UNSCREENED 0.68% no in-house ratios for this holding
California Statewide Communities Development Authority UNSCREENED 0.67% no in-house ratios for this holding
Fontana Public Facilities Financing Authority UNSCREENED 0.67% no in-house ratios for this holding
City of West Sacramento CA Enhanced Infrastructure Financing District No 1 UNSCREENED 0.66% no in-house ratios for this holding
Alameda Corridor Transportation Authority UNSCREENED 0.66% no in-house ratios for this holding
California Public Finance Authority UNSCREENED 0.64% no in-house ratios for this holding
FHLMC Multifamily VRD Certificates NON_COMPLIANT 0.63% no in-house ratios for this holding
California Health Facilities Financing Authority UNSCREENED 0.63% no in-house ratios for this holding
River Islands Public Financing Authority UNSCREENED 0.62% no in-house ratios for this holding
Pomona Unified School District UNSCREENED 0.62% no in-house ratios for this holding
Val Verde Unified School District UNSCREENED 0.61% no in-house ratios for this holding
California Educational Facilities Authority UNSCREENED 0.61% no in-house ratios for this holding
University of California UNSCREENED 0.60% no in-house ratios for this holding
California Public Finance Authority UNSCREENED 0.59% no in-house ratios for this holding
California School Finance Authority UNSCREENED 0.58% no in-house ratios for this holding
California Educational Facilities Authority UNSCREENED 0.55% no in-house ratios for this holding
California School Finance Authority UNSCREENED 0.55% no in-house ratios for this holding
River Islands Public Financing Authority UNSCREENED 0.53% no in-house ratios for this holding
California Municipal Finance Authority UNSCREENED 0.53% no in-house ratios for this holding
County of Santa Cruz CA UNSCREENED 0.52% no in-house ratios for this holding
Regents of the University of California Medical Center Pooled Revenue UNSCREENED 0.52% no in-house ratios for this holding
Pajaro Valley Unified School District UNSCREENED 0.51% no in-house ratios for this holding
California Health Facilities Financing Authority UNSCREENED 0.51% no in-house ratios for this holding
California Community Choice Financing Authority UNSCREENED 0.51% no in-house ratios for this holding
River Islands Public Financing Authority UNSCREENED 0.50% no in-house ratios for this holding
Stockton Public Financing Authority UNSCREENED 0.50% no in-house ratios for this holding
California Community Choice Financing Authority UNSCREENED 0.50% no in-house ratios for this holding
California Public Finance Authority UNSCREENED 0.50% no in-house ratios for this holding
Burbank-Glendale-Pasadena Airport Authority Brick Campaign UNSCREENED 0.50% no in-house ratios for this holding
Los Angeles Unified School District/CA UNSCREENED 0.46% no in-house ratios for this holding
State of California UNSCREENED 0.44% no in-house ratios for this holding
California Health Facilities Financing Authority UNSCREENED 0.43% no in-house ratios for this holding
Redwoods Community College District UNSCREENED 0.43% no in-house ratios for this holding
California Municipal Finance Authority UNSCREENED 0.42% no in-house ratios for this holding
California Municipal Finance Authority UNSCREENED 0.42% no in-house ratios for this holding
California Health Facilities Financing Authority UNSCREENED 0.42% no in-house ratios for this holding
CSCDA Community Improvement Authority UNSCREENED 0.40% no in-house ratios for this holding
County of Los Angeles CA Community Facilities District No 2021-01 UNSCREENED 0.39% no in-house ratios for this holding
Los Angeles Department of Water & Power UNSCREENED 0.39% no in-house ratios for this holding
California Housing Finance Agency UNSCREENED 0.39% no in-house ratios for this holding
California Housing Finance Agency UNSCREENED 0.38% no in-house ratios for this holding
California Municipal Finance Authority UNSCREENED 0.37% no in-house ratios for this holding
El Rancho Unified School District UNSCREENED 0.36% no in-house ratios for this holding
California Health Facilities Financing Authority UNSCREENED 0.35% no in-house ratios for this holding
San Diego Public Facilities Financing Authority UNSCREENED 0.35% no in-house ratios for this holding
State of California UNSCREENED 0.35% no in-house ratios for this holding
Municipal Improvement Corp of Los Angeles UNSCREENED 0.35% no in-house ratios for this holding
Los Angeles Department of Water & Power UNSCREENED 0.35% no in-house ratios for this holding
Municipal Improvement Corp of Los Angeles UNSCREENED 0.35% no in-house ratios for this holding
Santa Barbara Community College District UNSCREENED 0.35% no in-house ratios for this holding
City of Long Beach CA Marina System Revenue UNSCREENED 0.35% no in-house ratios for this holding
Municipal Improvement Corp of Los Angeles UNSCREENED 0.34% no in-house ratios for this holding
Municipal Improvement Corp of Los Angeles UNSCREENED 0.34% no in-house ratios for this holding
River Islands Public Financing Authority UNSCREENED 0.34% no in-house ratios for this holding
California Statewide Communities Development Authority UNSCREENED 0.34% no in-house ratios for this holding
Guam Power Authority UNSCREENED 0.34% no in-house ratios for this holding
Imperial Community College District UNSCREENED 0.34% no in-house ratios for this holding
California Municipal Finance Authority UNSCREENED 0.34% no in-house ratios for this holding
California Municipal Finance Authority UNSCREENED 0.34% no in-house ratios for this holding
Santa Barbara Community College District UNSCREENED 0.33% no in-house ratios for this holding
California Municipal Finance Authority UNSCREENED 0.33% no in-house ratios for this holding
California Statewide Communities Development Authority UNSCREENED 0.33% no in-house ratios for this holding
Los Angeles Department of Water & Power UNSCREENED 0.33% no in-house ratios for this holding
California Statewide Communities Development Authority UNSCREENED 0.33% no in-house ratios for this holding
California Infrastructure & Economic Development Bank UNSCREENED 0.33% no in-house ratios for this holding
Los Angeles Department of Water & Power UNSCREENED 0.33% no in-house ratios for this holding
Guam Government Waterworks Authority UNSCREENED 0.33% no in-house ratios for this holding
Inglewood Redevelopment Agency Successor Agency UNSCREENED 0.33% no in-house ratios for this holding
California Municipal Finance Authority UNSCREENED 0.33% no in-house ratios for this holding
California School Finance Authority UNSCREENED 0.33% no in-house ratios for this holding
California Municipal Finance Authority UNSCREENED 0.33% no in-house ratios for this holding
California School Finance Authority UNSCREENED 0.32% no in-house ratios for this holding
County of Los Angeles CA Community Facilities District No 2021-01 UNSCREENED 0.32% no in-house ratios for this holding
California Municipal Finance Authority UNSCREENED 0.32% no in-house ratios for this holding
California Municipal Finance Authority UNSCREENED 0.32% no in-house ratios for this holding
California Municipal Finance Authority UNSCREENED 0.32% no in-house ratios for this holding
Rio Vista Community Facilities District UNSCREENED 0.32% no in-house ratios for this holding
California Municipal Finance Authority UNSCREENED 0.32% no in-house ratios for this holding
Folsom Ranch Financing Authority UNSCREENED 0.32% no in-house ratios for this holding
California Statewide Communities Development Authority UNSCREENED 0.32% no in-house ratios for this holding
Guam Power Authority UNSCREENED 0.31% no in-house ratios for this holding
CSCDA Community Improvement Authority UNSCREENED 0.31% no in-house ratios for this holding
California School Finance Authority UNSCREENED 0.30% no in-house ratios for this holding
Municipal Improvement Corp of Los Angeles UNSCREENED 0.30% no in-house ratios for this holding
Bay Area Toll Authority UNSCREENED 0.29% no in-house ratios for this holding
Commonwealth of Puerto Rico UNSCREENED 0.29% no in-house ratios for this holding
Guam Government Waterworks Authority UNSCREENED 0.29% no in-house ratios for this holding
Foothill-Eastern Transportation Corridor Agency UNSCREENED 0.28% no in-house ratios for this holding
California Housing Finance Agency UNSCREENED 0.28% no in-house ratios for this holding
California Public Finance Authority UNSCREENED 0.28% no in-house ratios for this holding
California Educational Facilities Authority UNSCREENED 0.28% no in-house ratios for this holding
River Islands Public Financing Authority UNSCREENED 0.27% no in-house ratios for this holding
Moreno Valley Public Financing Authority UNSCREENED 0.26% no in-house ratios for this holding
Burbank-Glendale-Pasadena Airport Authority Brick Campaign UNSCREENED 0.26% no in-house ratios for this holding
California Infrastructure & Economic Development Bank UNSCREENED 0.26% no in-house ratios for this holding
Chabot-Las Positas Community College District UNSCREENED 0.26% no in-house ratios for this holding
State of California UNSCREENED 0.26% no in-house ratios for this holding
Santa Barbara Community College District UNSCREENED 0.26% no in-house ratios for this holding
University of California UNSCREENED 0.26% no in-house ratios for this holding
Bay Area Toll Authority UNSCREENED 0.26% no in-house ratios for this holding
City of Fontana CA UNSCREENED 0.26% no in-house ratios for this holding
Commonwealth of Puerto Rico UNSCREENED 0.25% no in-house ratios for this holding
Stockton Public Financing Authority UNSCREENED 0.25% no in-house ratios for this holding
Burbank-Glendale-Pasadena Airport Authority Brick Campaign UNSCREENED 0.24% no in-house ratios for this holding
California School Finance Authority UNSCREENED 0.24% no in-house ratios for this holding
Irvine Unified School District UNSCREENED 0.24% no in-house ratios for this holding
California Municipal Finance Authority UNSCREENED 0.23% no in-house ratios for this holding
University of California UNSCREENED 0.22% no in-house ratios for this holding
Irvine Unified School District UNSCREENED 0.22% no in-house ratios for this holding
City of Fontana CA UNSCREENED 0.22% no in-house ratios for this holding
Guam Government Waterworks Authority UNSCREENED 0.22% no in-house ratios for this holding
Department of Veterans Affairs Veteran's Farm & Home Purchase Program UNSCREENED 0.22% no in-house ratios for this holding
Guam Power Authority UNSCREENED 0.21% no in-house ratios for this holding
California Statewide Communities Development Authority UNSCREENED 0.21% no in-house ratios for this holding
University of California UNSCREENED 0.21% no in-house ratios for this holding
South Bayside Waste Management Authority UNSCREENED 0.20% no in-house ratios for this holding
California Enterprise Development Authority UNSCREENED 0.20% no in-house ratios for this holding
San Diego Public Facilities Financing Authority UNSCREENED 0.20% no in-house ratios for this holding
City of Fontana CA UNSCREENED 0.20% no in-house ratios for this holding
Municipal Improvement Corp of Los Angeles UNSCREENED 0.19% no in-house ratios for this holding
California Statewide Communities Development Authority UNSCREENED 0.18% no in-house ratios for this holding
San Diego Public Facilities Financing Authority UNSCREENED 0.18% no in-house ratios for this holding
San Diego Public Facilities Financing Authority UNSCREENED 0.18% no in-house ratios for this holding
Long Beach Community College District UNSCREENED 0.17% no in-house ratios for this holding
River Islands Public Financing Authority UNSCREENED 0.17% no in-house ratios for this holding
San Francisco City & County Airport Comm-San Francisco International Airport UNSCREENED 0.17% no in-house ratios for this holding
California School Finance Authority UNSCREENED 0.16% no in-house ratios for this holding
California Municipal Finance Authority UNSCREENED 0.16% no in-house ratios for this holding
California Statewide Communities Development Authority UNSCREENED 0.14% no in-house ratios for this holding
City & County of San Francisco CA Special Tax District No 2020-1 UNSCREENED 0.14% no in-house ratios for this holding
California Statewide Communities Development Authority UNSCREENED 0.13% no in-house ratios for this holding
San Francisco City & County Public Utilities Commission Wastewater Revenue UNSCREENED 0.13% no in-house ratios for this holding
California Municipal Finance Authority UNSCREENED 0.12% no in-house ratios for this holding
Guam Government Waterworks Authority UNSCREENED 0.12% no in-house ratios for this holding
California Public Finance Authority UNSCREENED 0.11% no in-house ratios for this holding
California Statewide Communities Development Authority UNSCREENED 0.10% no in-house ratios for this holding
San Francisco City & County Airport Comm-San Francisco International Airport UNSCREENED 0.09% no in-house ratios for this holding
California Municipal Finance Authority UNSCREENED 0.08% no in-house ratios for this holding
California Municipal Finance Authority UNSCREENED 0.08% no in-house ratios for this holding
California Municipal Finance Authority UNSCREENED 0.07% no in-house ratios for this holding
San Francisco City & County Public Utilities Commission Wastewater Revenue UNSCREENED 0.07% no in-house ratios for this holding
Municipal Water District Of Orange County Water Facilities Corp UNSCREENED 0.05% no in-house ratios for this holding
California County Tobacco Securitization Agency UNSCREENED 0.04% no in-house ratios for this holding
South Bayside Waste Management Authority UNSCREENED 0.02% no in-house ratios for this holding
South Bayside Waste Management Authority UNSCREENED 0.01% no in-house ratios for this holding
San Francisco City & County Airport Comm-San Francisco International Airport UNSCREENED 0.00% no in-house ratios for this holding
Desertxpress Enterprises LLC UNSCREENED 0.00% no in-house ratios for this holding
🕌Open research, not a fatwa — verify with your own scholar.

Trade setup

Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.

SEPARATE FROM SHARIAH
No active setup right now. The technical picture doesn't show a clear edge — check back when the trend or momentum shifts.

Screened on its holdings, not its name

HTR reads the fund's filed holdings and screens each one, then reports the result by weight. A holding it cannot cover far enough is reported as unrated rather than counted as a pass.

3.7%Non-compliant 99.6%Not screened
HoldingWeightVerdict
M-S-R Energy Authoritynot matched to a ticker 2.63% Not screened
FHLMC Multifamily VRD Certificatesnot matched to a ticker 2.26% Non-compliant
California Community Choice Financing Authoritynot matched to a ticker 1.84% Not screened
California Enterprise Development Authoritynot matched to a ticker 1.78% Not screened
Manteca Unified School Districtnot matched to a ticker 1.74% Not screened
Los Angeles County Public Works Financing Authoritynot matched to a ticker 1.73% Not screened
City of San Francisco CA Public Utilities Commission Water Revenuenot matched to a ticker 1.72% Not screened
City of Irvine CAnot matched to a ticker 1.71% Not screened
San Diego Public Facilities Financing Authoritynot matched to a ticker 1.71% Not screened
California State Public Works Boardnot matched to a ticker 1.70% Not screened

Top 10 of 193 holdings, 18.8% of the fund by weight. Every holding is screened, not only these.

What holds the number back

The positions keeping this fund short of 100% compliant by weight.

  • M-S-R Energy Authoritynot screened2.63%
  • FHLMC Multifamily VRD Certificatesnon-compliant2.26%
  • California Community Choice Financing Authoritynot screened1.84%
  • California Enterprise Development Authoritynot screened1.78%
  • Manteca Unified School Districtnot screened1.74%
  • Los Angeles County Public Works Financing Authoritynot screened1.73%

What changed, and when

Verdict history for KCTAX. A verdict that never moved is recorded too, so a quiet history reads as measured rather than missing.

  • 2026-09-07 No change recorded No verdict change for KCTAX has been recorded since tracking began. The scan ledger records that the compliance detectors ran, not which symbols each pass covered.

ℹ️ no compliance scan has run for 6 days - this is not a reading of today

6.636.506.376.246.112025-10-202026-04-212026-10-16

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Support & Resistance

This fund prices once a day, so its bars carry no intraday high or low — floor-trader pivots are not defined for it.

Price Forecast

The range is measured volatility (ATR over the horizon), not a target — a wider band means a more volatile asset, not a stronger view. The direction is the indicator tally below. Every forecast is recorded when made and scored against the real price when it comes due, including the wrong ones. Not a recommendation, and not a fatwa.

7-day expected range
6.17 – 6.27
±0.85% from 6.22, made 2026-09-26 · resolves 2026-10-03
STRONG SELL
from 19 indicators
61.9% of our last 5789 forecasts landed inside their stated range, and 49.9% called the direction correctly.

Technical Summary

Standard indicator thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20, MACD histogram sign, price vs. average) computed on daily bars. A summary of what common indicators say — not a recommendation, and not this site's own trading verdict.

BUY
19 indicators
OscillatorsBUY
3 buy · 2 neutral · 2 sell
Moving averagesNEUTRAL
6 buy · 0 neutral · 6 sell
Every indicator, and what it reads
IndicatorValueSignal
RSI (14)53.40NEUTRAL
Stochastic %K (14)100.00SELL
CCI (20)96.84NEUTRAL
Williams %R (14)0.00SELL
MACD (12,26,9)0.02BUY
ROC (10)1.13BUY
Momentum (10)0.07BUY
EMA (10)6.22BUY
SMA (10)6.19BUY
EMA (20)6.23BUY
SMA (20)6.20BUY
EMA (30)6.26BUY
SMA (30)6.25BUY
EMA (50)6.32SELL
SMA (50)6.35SELL
EMA (100)6.39SELL
SMA (100)6.45SELL
EMA (200)6.42SELL
SMA (200)6.47SELL

SMC — Top Down

Market structure by timeframe, read from real bars. A bias per timeframe rather than a forecast — timeframes disagreeing is information, not noise.

No usable intraday or daily bars came back for this listing, so there is no structure to read.

Before you act on this

The questions worth asking about any verdict on this page, answered plainly.

Is a fund screened on its name?

No. HTR reads the fund's filed holdings and screens each one, then reports the result by weight. A fund marketed as Islamic still gets the same look-through as any other.

What does unrated weight mean?

It is the share of the fund whose holdings HTR cannot cover far enough to rate. It is reported as unrated rather than counted as compliant, because a holding nobody screened should not look like one that passed.

Does the issuer's board make it compliant?

It matters, and it is noted, but it does not replace the look-through. The board's judgement and the holdings screen are shown separately so you can see when they agree and when they do not.

How often is this re-screened?

When the fund files new holdings, and on a rolling basis besides. The date on the verdict above is the last time this fund was actually recomputed.

Open research, not a fatwa. HTR applies published screening standards to filings and publishes what they say, including when they disagree. Nothing here is financial advice or a recommendation to buy or sell. Verdicts can change when new filings land.

Compare with

Same screen, different answers. Comparison is where the standards disagreeing becomes useful rather than confusing.

Peer screening computing — it will appear here on its own.

AI Summary

Plain-language summary of the evidence already on this page — the Sharia screen, structure, momentum, and order flow above. It explains the read; it doesn't make the call. Generated on demand (a live AI call), never run automatically.

Tell us what's working, what's confusing, or what you want to see next — read by a real person, not a form that goes nowhere.