American Century CA Hi-Yld Muni Instl

The investment seeks high current income that is exempt from federal and California income taxes.
The portfolio normally invests at least 80% of the fund's net assets in municipal securities with income payments exempt from federal and California income taxes. It invests in California municipal and other debt securities with an emphasis on high-yield securities. A high-yield security is one that has been rated below investment-grade, or determined by the investment advisor to be of similar quality. The fund is non-diversified.

Key stats

Management firm  American Century Investments
Domicile  United States
Fund Administrator  American Century Services, LLC
Global Branding Name  American Century
12 month yield  4.17%
Fund currency  USD
Launch Date  2010-03-01
ISIN  US0250757897
SEDOL  B65VH20
Manager 1 Name  Steven Permut
Manager 2 Name  Joseph Gotelli
Fund Strategy  Muni California Long
Benchmark  Barclays Municipal TR USD
Fund Structure  Open Ended Investment Company
UCITS 3 compliant  no

Performance/Volatility

Return Date  2014-08-31
Return - 1 Month  1.62%
Return - 2 Months  1.96 %
Return - 3 Months  1.90%
Return - 6 Months  5.92 %
Return - 9 months  10.71 %
Return - 12 Months  14.72%
Annualized return 24 months  4.98 %
Annualized return 36 months  7.59 %
Annualized return 48 months  6.23 %
Annualized return 60 months  0.00 %
Return 120 months  0.00 %
Annualized return since Inception  7.15%
Return YTD  10.99%

Ratings

Morning Star Rating Date   2014-08-31
Morning Star Rating - 36 Months  fund has a 5 star rating fund has a 5 star rating fund has a 5 star rating fund has a 5 star rating fund has a 5 star rating
Morning Star Rating - 60 Months  fund has a 4 star rating fund has a 4 star rating fund has a 4 star rating fund has a 4 star rating
Morning Star Rating - 120 Months  fund has a 5 star rating fund has a 5 star rating fund has a 5 star rating fund has a 5 star rating fund has a 5 star rating
Morning Star Rating - Overall  fund has a 5 star rating fund has a 5 star rating fund has a 5 star rating fund has a 5 star rating fund has a 5 star rating

Charges

Initial  0.00 %
Minimum Investment  $5,000,000
Maximum Managment Charge  0.31 %
Exit charge  0.00 %
Performance Fee  0.00 %

Contact

Contact Address  American Century Investments
Contact Address 2  P.O. Box 419200
Contact Address 3  Kansas City, MO 64141
Contact city  Kansas City
Contact country  United States
Fund Admin Group  American Century Investments
Web Address  www.americancentury.com
Custodian  State Street Bank & Trust Co
Phone  800-444-4015

Price

Last Price Date  2014-09-19
Pre-tax nav  10.24
Pre-tax offer  0.00
Pre-tax bid  0.00
Pre-tax mid  0.00
Post-tax nav  0.00
Post-tax offer  0.00
Post-tax bid  0.00
Price change  $0.00
Price change (percentage)  0.00 %
Guaranteed NAV  0.00000
Close Price  0.00

Funds Disclaimer

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Ratings Disclaimer

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