Performance
Trailing returns
| 1 day |
| -0.08% | |||
| 1 week |
| -0.13% | |||
| 4 week |
| -0.33% | |||
| 3 month | +0.42% |
| |||
| YTD | +0.93% |
| |||
| 1 year | +3.29% |
| |||
| 3 years* | +5.15% |
| |||
| 5 years* | - | ||||
| *annualized | |||||
| Best 3 month return | +5.01% | |
| Worst 3 month return | -4.36% |
Morningstar statistics
Morningstar category: Muni California Intermediate
| Return | Risk | Rating | |
| 3 years | Below Average | Average |
 
|
| 5 years | Below Average | Below Average |
|
| 10 years | Below Average | Below Average |
|
| Overall | Below Average | Average |
|
Key statistics
| Total assets | 1.30B | |
| Front load | 4.50% | |
| Deferred load | - | |
| Expense ratio | 0.72% | |
| Management fee | - | |
| Fund family | American Century Investments |
Asset allocation
| Cash | 6.12% | |
| Stocks | 0.00% | |
| Bonds | 93.87% | |
| Other | 0.00% |
Purchase information
| Initial | US$5,000 | |
| Additional | US$50 | |
| AIP Initial | US$5,000 | |
| AIP Additional | US$50 |
11.97-0.01(-0.08%)
May 23, 4:00PM EDT
Overall Morningstar RatingTM
Description
The investment seeks safety of principal and high current income that is exempt from federal and California income taxes. The fund primarily invests in investment-grade debt securities and, under normal market conditions, will invest at least 80% of the fund's assets in debt securities that have interest payments exempt from federal and California income taxes. Cities, counties and other municipalities in California and U.S. territories, such as Puerto Rico, issue these securities. The fund's weighted average maturity will be not less than three years nor more than ten years. However, there is no maturity limit on individual securities.
Fund filings (PDF) »
Fund filings (PDF) »
Asset managers:
Alan Kruss (Started: Apr 28, 2006)
Joseph Gotelli (Started: Jul 9, 2008)
Steven Permut (Started: Dec 31, 2002)
Alan Kruss (Started: Apr 28, 2006)
Joseph Gotelli (Started: Jul 9, 2008)
Steven Permut (Started: Dec 31, 2002)
American Century Investments, P.O. Box 419200, Kansas City, MO 64141, USA
Risk
| 1 year | 3 years | 5 years | 10 years | ||
| Alpha* | -0.14 | -0.45 | -0.19 | -0.63 | |
| Beta* | 0.87 | 0.96 | 0.88 | 0.87 | |
| Mean annual return | 0.36 | 0.45 | 0.43 | 0.33 | |
| R-squared* | 97.94 | 98.01 | 96.00 | 95.84 | |
| Standard deviation | 2.50 | 3.66 | 4.25 | 4.00 | |
| Sharpe ratio | 1.69 | 1.45 | 1.14 | 0.56 | |
| * Against standard index | |||||
Top 10 holdings
| Security | Net Assets | |
| Us Long Bond(Cbt) Jun13 Xcbt 20130619 | 2.52% | |
| Tustin Calif Uni Sch Dist | 2.08% | |
| California St Dept Wtr Res Pwr Pwr Su 5% | 1.68% | |
| California St Dept Wtr Res Pwr Pwr Su 5% | 1.35% | |
| California St Dept Wtr Res Pwr Pwr Su 5% | 1.28% | |
| Metropolitan Wtr Dist | 1.05% | |
| California St Dept Wtr Res Pwr Pwr Su 5% | 0.98% | |
| California St Dept Wtr Res Cen Rev Bd 5% | 0.93% | |
| Chula Vista Calif Indl Dev Rev Ref 1.65% | 0.83% | |
| California St Go Bds 5% | 0.77% |