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    American Century High-Yield Muni Inv (ABHYX)

    9.32 Up 0.01(0.11%) May 21

    Profile as of Apr 29, 2015Get Profile for:
    American Century High-Yield Muni Inv
    American Century Municipal Trust4500 Main StreetKansas City, MO 64111
    Map
    Phone: 800-345-2021
    Fund Overview 
    Category:High Yield Muni
    Fund Family:American Century Investments
    Net Assets:375.97M
    Year-to-Date Return:1.25%
    Yield:4.11%
    Morningstar Rating:3 stars
    Fund Inception Date:Mar 31, 1998
    Morningstar Style Box 
    High Yield Muni
    [View Category Definition]
    View Top High Yield Muni Funds
    About the Morningstar Style Box
    Management Information 
    Alan M. Kruss
    Lead Manager since Jan 1, 2012
    Mr. Kruss, Portfolio Manager, has been a member of the team that manages Government Agency Money Market since November 2001. He joined American Century in 1997 as an Investment Administrator. In 2000, he was named Fixed Income Trader and in 2001, he was named Portfolio Manager. He has a bachelor's degree in finance from San Francisco State University.
    Investment Information 
    Min Initial Investment:5,000
    Min Initial Investment, IRA:N/A
    Min Initial Investment, AIP:5,000
    Min Subsequent Investment:50
    Min Subsequent Investment, IRA:N/A
    Min Subsequent Investment, AIP:50
    ABHYX can be purchased from 98 brokerages.

    Fund Summary 
    The investment seeks high current income that is exempt from federal income taxes; capital appreciation is a secondary consideration. The fund invests in municipal and other debt securities with an emphasis on high-yield securities. Under normal market conditions, the portfolio managers invest at least 80% of the fund's net assets in municipal securities with interest payments exempt from federal income tax. Some of these investments in municipal securities are not necessarily exempt from the federal alternative minimum tax. The fund is non-diversified.

    Fund Operations 
    Last Dividend (Apr 29, 2015) : 0.03
    Last Cap Gain : 0.00
    Annual Holdings Turnover (May 19, 2015) : 87.00%
    Average for Category:22.37%
    Fees & Expenses 
    ExpenseABHYXCategory Avg
    Annual Report Expense Ratio (net):0.60%0.97%
    Prospectus Net Expense Ratio:0.60%N/A
    Prospectus Gross Expense Ratio:0.60%N/A
    Max 12b1 Fee:N/AN/A
    Max Front End Sales Load:N/A3.74%
    Max Deferred Sales Load: N/A2.08%
    3 Yr Expense Projection*:193573
    5 Yr Expense Projection*:335827
    10 Yr Expense Projection*:7511,534
    * Per $10,000 invested