American Century CA Hi-Yld Muni Inv
1665 Charleston Rd Mountain View CA 94043
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Phone: 800-345-2021
| Category: | Muni California Long | | Fund Family: | American Century Investments | | Net Assets: | 395.17M | | Year-to-Date Return: | 19.64% | | Yield: | 5.25% | | Morningstar Rating: |  | | Fund Inception Date: | 30-Dec-86 |
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Steven Permut
Lead Manager since
30-Jun-90 | | | Permut is a Senior Vice President and Senior Portfolio Manager, joined American Century Investments in 1987. He became a portfolio manager in 1990. He has shared primary responsibility for the management of the fund since 2006, and has served on teams managing fixed-income investments since joining the advisor. Permut is a member of the National Federation of Municipal Analysts, and the chairman of the California Society of Municipal Analysts. |
| Min Initial Investment: | $5,000 | | Min Initial Investment, IRA: | NaN | | Min Initial Investment, AIP: | $5,000 | | Min Subsequent Investment: | $50 | | Min Subsequent Investment, IRA: | N/A | | Min Subsequent Investment, AIP: | $50 |
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| The investment seeks high current income that is exempt from federal and California income taxes. The portfolio normally invests at least 80% of assets in municipal securities with income payments exempt from federal and California income taxes. The portfolio managers also may buy long- and intermediate-term debt securities with income payments exempt from regular federal income tax, but not exempt from the federal alternative minimum tax. It also may invest in derivative instruments or in mortgage- or asset-backed securities. The fund is nondiversified. |
| Last Dividend
(30-Nov-09):
| 0.04 | | Last Cap Gain
(11-Dec-98):
| 0.11 | | Annual Holdings Turnover
| 26.00% | | Average for Category:
| 31.92% |
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| Expense | BCHYX | Category
Avg | | Total Expense Ratio: | %
| 1.02% | | Max 12b1 Fee: | %
| N/A | | Max Front End Sales Load: | %
| 4.29% | | Max Deferred Sales Load: | %
| 2.71% | | 3 Yr Expense Projection*: |
$ YFT_NOT_APPLICABLE_ABBREVIATION | $559 | | 5 Yr Expense Projection*: |
$ YFT_NOT_APPLICABLE_ABBREVIATION | $800 | | 10 Yr Expense Projection*: |
$ YFT_NOT_APPLICABLE_ABBREVIATION | $1,485 |
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