Performance
Trailing returns
| 1 day |
| -0.08% | |||
| 1 week |
| -0.02% | |||
| 4 week |
| -0.08% | |||
| 3 month | +0.89% |
| |||
| YTD | +1.63% |
| |||
| 1 year | +5.33% |
| |||
| 3 years* | +6.86% |
| |||
| 5 years* | - | ||||
| *annualized | |||||
| Best 3 month return | +5.90% | |
| Worst 3 month return | -6.40% |
Morningstar statistics
Morningstar category: Muni California Long
| Return | Risk | Rating | |
| 3 years | Average | Below Average |
 
|
| 5 years | Average | Below Average |
|
| 10 years | Average | Below Average |
|
| Overall | Average | Below Average |
|
Key statistics
| Total assets | 428.45M | |
| Front load | - | |
| Deferred load | - | |
| Expense ratio | 0.27% | |
| Management fee | - | |
| Fund family | American Century Investments |
Asset allocation
| Cash | 4.11% | |
| Stocks | 0.00% | |
| Bonds | 95.89% | |
| Other | 0.00% |
Purchase information
| Initial | $5,000,000 | |
| Additional | $50 |
11.78-0.01(-0.08%)
May 22, 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. Under normal market conditions, the portfolio invests at least 80% of the assets in debt securities with interest payments exempt from federal and California income taxes. Cities, counties and other municipalities in California and U.S. territories, such as Puerto Rico, usually issue these securities. The fund will typically invest in California municipal securities with maturities of seven or more years. It will maintain a weighted average maturity of ten or more years.
Fund filings (PDF) »
Fund filings (PDF) »
Asset managers:
Alan Kruss (Started: Jan 1, 2012)
Joseph Gotelli (Started: Aug 29, 2008)
Steven Permut (Started: Dec 31, 2002)
Alan Kruss (Started: Jan 1, 2012)
Joseph Gotelli (Started: Aug 29, 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* | 0.86 | -0.35 | -0.92 | -0.74 | |
| Beta* | 1.12 | 1.21 | 1.19 | 1.16 | |
| Mean annual return | 0.55 | 0.58 | 0.52 | 0.40 | |
| R-squared* | 98.99 | 97.51 | 93.48 | 95.27 | |
| Standard deviation | 3.19 | 4.60 | 5.85 | 5.38 | |
| Sharpe ratio | 2.03 | 1.50 | 1.01 | 0.57 | |
| * Against standard index | |||||
Top 10 holdings
| Security | Net Assets | |
| Us Long Bond(Cbt) Jun13 Xcbt 20130619 | 2.60% | |
| San Bernardino Calif Cmnty Col Go Bds | 1.46% | |
| California St Dept Wtr Res Pwr Pwr Su 5% | 1.42% | |
| California St Go Bds 6.5% | 1.41% | |
| California Health Facs Fing Au Rev 6.5% | 1.39% | |
| California St G O Bds 6% | 1.38% | |
| Metropolitan Wtr Dist | 1.34% | |
| California Edl Facs Auth 5.625% | 1.29% | |
| Twin Rivers Calif Uni Sch Dist 3.5% | 1.26% | |
| California St Go Bds 5% | 1.15% |