# Portfolio overlap — DCLIX vs VCITX Comparing **DWS California Tax-Free Income Fund** (2026-02-28) and **VANGUARD CALIFORNIA LONG-TERM TAX-EXEMPT FUND** (2026-02-28). - Shared positions: 58 - DWS California Tax-Free Income Fund covered by VANGUARD CALIFORNIA LONG-TERM TAX-EXEMPT FUND: 0.05768129404133605166267456638 - VANGUARD CALIFORNIA LONG-TERM TAX-EXEMPT FUND covered by DWS California Tax-Free Income Fund: 0.05768129404133605166267456637 ## DWS California Tax-Free Income Fund — top positions | Security | Weight | Shared | |----------|--------|--------| | M-S-R Energy Authority, California, Gas Revenue Bonds, Citigroup Prepay Contracts, Series 2009A | 0.025494 | | | FHLMC Multifamily VRD Certificates | 0.022243 | ✓ | | California Community Choice Financing Authority, Series B-1 | 0.017601 | ✓ | | CALIFORNIA ST ENTERPRISE DEV AUTH REVENUE | 0.017323 | | | Manteca Unified School District (Election of 2020), Series 2025, GO Bonds | 0.016534 | ✓ | | Los Angeles County Public Works Financing Authority, Series 2025, RB | 0.016378 | | | SAN FRANCISCO W 5.25% 11/1/2055 | 0.016370 | ✓ | | San Diego Public Facilities Financing Authority, Series 2025, RB | 0.016282 | ✓ | | STATE OF CALIFORNIA 5.0% 11-01-50 | 0.016177 | ✓ | | IRVINE CMNTY FACS DT | 0.016136 | ✓ | | SAN JOSE FINANCING AUTHORITY SJSUTL 11/52 FIXED 5 | 0.015942 | | | COLTON JOINT USD-A | 0.015910 | ✓ | | UNIV OF CALIFORNIA REVENUES | 0.013838 | | | STATE OF CALIFORNIA | 0.013415 | ✓ | | San Francisco (City & County of), CA Airport Commission (San Francisco International Airport), Second Series 2023 C, Ref. RB | 0.013101 | | | RB (Sharp Healthcare) Series 2024E | 0.013086 | | | RIVERSIDE CNTY CA TRANSPRTN COMMISSION TOLL REVENUE | 0.013079 | | | San Francisco City & County Redevelopment Agency Successor Agency, Series 2017 B | 0.012236 | | | San Francisco (City & County of), CA Airport Commission (San Francisco International Airport), Second Series 2018 D, RB | 0.011260 | | | PAJARO VLY CA UNIF SCH DIST | 0.011255 | | | MORENO VLY UNIF SD-D | 0.011151 | ✓ | | CA STWD 4% 4/1/2046 | 0.010466 | | | STHRN CA PUB PWR AUTH | 0.010387 | ✓ | | CA ST MFA MHSG 4% 11/1/2036 | 0.010383 | | | CSCDA Community Improvement Authority, Series 2020 A | 0.010176 | | | CA MUNI FIN AUTH | 0.009748 | ✓ | | San Francisco City & County Airport Comm-San Francisco International Airport, Series 2025D | 0.009718 | | | HAYWARD USD-A | 0.009712 | | | CALIFORNIA ST MUNI FIN AUTH REVENUE | 0.009467 | | | CEDARS-SINAI MEDICAL CENTER OBLIGATED GROUP 3.0% 08-15-51 | 0.009317 | ✓ | | EL MONTE CA CITY SCH DIST | 0.009164 | | | IRVINE UNIFIED SCHOOL DISTRICT | 0.009143 | | | CALIFORNIA ST MUNI FIN AUTH SPL TAX REVENUE | 0.009104 | | | GOLDEN ST TOBACCO SECURITIZATI REGD B/E 5.00000000 | 0.008989 | | | PUERTO RICO SALES TAX FING COR REGD OID B/E 4.75000000 | 0.008932 | | | CALIFORNIA ST HLTH FACS FING AUTH REVENUE | 0.008769 | ✓ | | DOWNEY UNIF SD -A | 0.008683 | ✓ | | MODESTO CA IRR DIST FING AUTH ELEC SYS REVENUE | 0.008473 | | | CALIFORNIA ST MUNI FIN AUTH REVENUE | 0.008375 | | | FREDDIE MAC MULTIFAMILY ML CERTIFICATES SER 2019-ML05 CL ACA 3.35000000 | 0.008281 | ✓ | | Rio Hondo Community College District (Election of 2024), Series 2025, GO Bonds | 0.008136 | | | SACRAMENTO CNTY CA SPL TAX | 0.008135 | | | California County Tobacco Securitization Agency | 0.008016 | ✓ | | IRVINE CA IMPT BOND ACT 1915 | 0.007764 | | | FOOTHILL ESTRN TRANSPRTN CORRIDOR AGY CA TOLL ROAD REVENUE | 0.007564 | | | MORELAND SD-REF-B | 0.007084 | | | CALIFORNIA COMMUNITY VAR | 0.006717 | ✓ | | ANTELOPE VLY CCD-REF | 0.006636 | ✓ | | CALIFORNIA STWD CMNTYS DEV AUTH REVENUE | 0.006440 | | | SANTA MONICA REDEVELOPMENT AGENCY SUCCESSOR AGY EARTHQUAKE RECOVERY REDEV PROJ 5.875% 07-01-36 | 0.006411 | | ## VANGUARD CALIFORNIA LONG-TERM TAX-EXEMPT FUND — top positions | Security | Weight | Shared | |----------|--------|--------| | BAY AREA TOLL-H | 0.011018 | | | CALIFORNIA COMMUNITY VAR | 0.010338 | | | STHRN CALIFORNIA ST | 0.009644 | | | California (State of) Community Choice Financing Authority (Green Bonds), Series 2023 D, RB | 0.008405 | | | JPM-PUTTERS-MIZ9119 | 0.007517 | | | CALIFORNIA COMMUNITY VAR | 0.007237 | ✓ | | California (State of) Enterprise Development Authority (Riverside County-Mead Valley Wellness Village), Series 2024, RB | 0.006995 | | | CA PUB FIN AUTH-B1 | 0.006311 | | | California (State of) Community Choice Financing Authority (Clean Energy) (Green Bonds), Series 2022 A-1, RB | 0.006008 | | | ELSINORE VLY MUNI-A | 0.005818 | | | TNDR OPT-FLTRS-XG0100 | 0.005682 | | | STATE OF CALIFORNIA 5.0% 09-01-41 | 0.005465 | | | UNIV OF CALIFORNIA CA REVENUES | 0.005387 | | | UNIV OF CALIFORNIA-Q | 0.005271 | | | NRTHRN CA ENRGY | 0.005117 | | | San Diego Community College District, Series A-1 | 0.005087 | | | CALIFORNIA COMMUNITY VAR | 0.004982 | | | California (State of) Community Choice Financing Authority (Clean Energy) (Green Bonds), Series 2024, RB | 0.004955 | | | CALIFORNIA COMMUNITY VAR | 0.004793 | | | CALIFORNIA ST HLTH FACS FING A CASMED 08/48 FIXED 4 | 0.004694 | | | UNIV OF CALIFORNIA CA REVENUES REGD B/E 5.00000000 | 0.004600 | | | UNIV OF CALIFORNIA REVENUES | 0.004599 | | | UNIV OF CALIFORNIA CA REVENUES REGD B/E 5.00000000 | 0.004394 | | | CALIFORNIA ST EDUCTNL FACS AUTH REVENUE | 0.004346 | | | California (State of) Community Choice Financing Authority (Clean Energy) (Green Bonds), Series 2023, RB | 0.004341 | | | State of California 5.00% 09/01/2042 | 0.004326 | | | California Community Choice Financing Authority, Series B-1 | 0.004280 | ✓ | | California (State of) Community Choice Financing Authority (Green Bonds), Series 2023, RB | 0.004226 | ✓ | | STATE OF CALIFORNIA | 0.004183 | ✓ | | UNIV OF CALIFORNIA CA REVENUES UNVHGR 05/52 FIXED 5 | 0.004004 | | | LOS ANGELES DEPT WTR | 0.003879 | | | California (State of) Housing Finance Agency, Series 2021-1A, Revenue Ctfs. | 0.003794 | | | CALIFORNIA ST HLTH FACS FING AUTH REVENUE | 0.003776 | | | California Community Choice Financing Authority, Series C | 0.003768 | | | Bay Area Toll Authority, Series 2023 A, VRD Ref. RB | 0.003717 | ✓ | | HAYWARD UNIFIED SD-B | 0.003712 | | | HAYWARD | 0.003565 | | | California Community Choice Financing Authority, Series F | 0.003527 | | | UNIV OF CA REGENTS -P | 0.003506 | | | California Community Choice Financing Authority, Series 2025G | 0.003479 | | | CA PUB FIN AUTH-A-1 | 0.003474 | | | CA ST UNIV-A-REF | 0.003436 | | | Los Angeles County Public Works Financing Authority, Series 2024H | 0.003394 | | | San Francisco Community College District, Series B | 0.003381 | | | CALIFORNIA ST HLTH FACS FING AUTH REVENUE | 0.003330 | | | California (State of) Housing Finance Agency, Series 2019 A-2, RB | 0.003288 | | | E CO AWP JT PWRS-A-1 | 0.003267 | | | Bay Area Toll Authority, Series 2018A | 0.003258 | | | LOS ANGELS WTR & PWR- | 0.003257 | | | UNIV OF CALIFORNIA CA REVENUES REGD N/C B/E 5.00000000 | 0.003167 | | ## Sources - N-PORT (fund A) — accession `0001410368-26-040961` (as of 2026-02-28) - N-PORT (fund B) — accession `0000783401-26-000074` (as of 2026-02-28) --- _Informational only — not investment advice. FundWatcher presents publicly available data and makes no recommendation to buy or sell any security. Verify all figures against the source filing before relying on them._ _Data sourced from U.S. SEC EDGAR filings (Forms N-PORT, N-CEN, and prospectus Risk/Return summaries). FundWatcher is not affiliated with the SEC._ _Use of this data is subject to the FundWatcher Terms of Service. Information may be used only for personal, non-commercial research and may not be redistributed. See _