CALIFORNIA INTERMEDIATE-TERM TAX-FREE BOND FUND
Name
As of 09/18/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
2.7%
1 yr return
6.8%
3 Yr Avg Return
0.1%
5 Yr Avg Return
181.3%
Net Assets
$2 B
Holdings in Top 10
7.8%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.24%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 30.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 09/18/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
ACYTX - Profile
Distributions
- YTD Total Return 2.7%
- 3 Yr Annualized Total Return 0.1%
- 5 Yr Annualized Total Return 181.3%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 2.33%
- Dividend Yield 3.3%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameCALIFORNIA INTERMEDIATE-TERM TAX-FREE BOND FUND
-
Fund Family NameAmerican Century Investments
-
Inception DateApr 10, 2017
-
Shares Outstanding22366096
-
Share ClassY
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerAlan Kruss
Fund Description
ACYTX - Performance
Return Ranking - Trailing
Period | ACYTX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 2.7% | -1.9% | 20.8% | 61.98% |
1 Yr | 6.8% | 0.7% | 29.9% | 65.23% |
3 Yr | 0.1%* | -10.6% | 3.2% | 24.44% |
5 Yr | 181.3%* | -6.4% | 1105.7% | 0.14% |
10 Yr | N/A* | -0.7% | 248.9% | 49.14% |
* Annualized
Return Ranking - Calendar
Period | ACYTX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 1.9% | -1.4% | 41.0% | 77.33% |
2022 | -8.9% | -39.7% | 0.3% | 25.80% |
2021 | -0.9% | -5.6% | 6.9% | 70.85% |
2020 | 1.5% | -2.6% | 310.0% | 60.90% |
2019 | 3.7% | 0.0% | 26.0% | 54.57% |
Total Return Ranking - Trailing
Period | ACYTX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 2.7% | -1.9% | 20.8% | 61.98% |
1 Yr | 6.8% | 0.7% | 29.9% | 65.23% |
3 Yr | 0.1%* | -10.6% | 3.2% | 24.44% |
5 Yr | 181.3%* | -6.4% | 1105.7% | 0.14% |
10 Yr | N/A* | -0.7% | 248.9% | 46.72% |
* Annualized
Total Return Ranking - Calendar
Period | ACYTX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 5.2% | -1.3% | 41.0% | 61.60% |
2022 | -6.4% | -39.7% | 1.1% | 21.58% |
2021 | 1.6% | -4.8% | 23761504.0% | 49.12% |
2020 | 17057.9% | -1.5% | 17057.9% | 0.07% |
2019 | 6.7% | 0.2% | 3514.6% | 47.13% |
NAV & Total Return History
ACYTX - Holdings
Concentration Analysis
ACYTX | Category Low | Category High | ACYTX % Rank | |
---|---|---|---|---|
Net Assets | 2 B | 3.22 M | 71.9 B | 17.28% |
Number of Holdings | 904 | 2 | 13203 | 11.54% |
Net Assets in Top 10 | 154 M | -317 M | 3.45 B | 29.07% |
Weighting of Top 10 | 7.77% | 1.4% | 100.1% | 88.65% |
Top 10 Holdings
- Sacramento County Water Financing Authority 4.00% 11/01/2025 1.13%
- Los Angeles Community College District/CA 5.00% 08/01/2024 0.96%
- California Community Choice Financing Authority 3.81% 02/01/2052 0.94%
- San Bernardino Community College District 6.38% 08/01/2034 0.87%
- California Community Choice Financing Authority 5.25% 11/01/2054 0.77%
- City County of San Francisco CA 4.00% 06/15/2029 0.70%
- University of California 5.00% 05/15/2026 0.68%
- University of California 5.00% 05/15/2035 0.58%
- California Housing Finance Agency 3.50% 11/20/2035 0.58%
- California Community Choice Financing Authority 4.00% 02/01/2052 0.55%
Asset Allocation
Weighting | Return Low | Return High | ACYTX % Rank | |
---|---|---|---|---|
Bonds | 99.56% | 0.00% | 150.86% | 31.42% |
Cash | 0.44% | -50.86% | 42.96% | 73.50% |
Stocks | 0.00% | 0.00% | 99.89% | 99.47% |
Preferred Stocks | 0.00% | 0.00% | 0.08% | 96.97% |
Other | 0.00% | -3.72% | 51.88% | 86.88% |
Convertible Bonds | 0.00% | 0.00% | 0.93% | 96.16% |
Bond Sector Breakdown
Weighting | Return Low | Return High | ACYTX % Rank | |
---|---|---|---|---|
Municipal | 99.48% | 44.39% | 100.00% | 30.51% |
Derivative | 0.00% | -3.72% | 51.88% | 85.76% |
Cash & Equivalents | 0.00% | 0.00% | 41.73% | 97.23% |
Securitized | 0.00% | 0.00% | 5.93% | 95.70% |
Corporate | 0.00% | 0.00% | 9.41% | 95.90% |
Government | 0.00% | 0.00% | 52.02% | 95.63% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | ACYTX % Rank | |
---|---|---|---|---|
US | 99.56% | 0.00% | 142.23% | 29.53% |
Non US | 0.00% | 0.00% | 23.89% | 96.57% |
ACYTX - Expenses
Operational Fees
ACYTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.24% | 0.01% | 20.65% | 96.70% |
Management Fee | 0.23% | 0.00% | 1.20% | 8.30% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.44% | N/A |
Sales Fees
ACYTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.50% | 4.75% | N/A |
Deferred Load | N/A | 0.25% | 5.00% | N/A |
Trading Fees
ACYTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 1.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
ACYTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 30.00% | 0.00% | 283.00% | 79.11% |
ACYTX - Distributions
Dividend Yield Analysis
ACYTX | Category Low | Category High | ACYTX % Rank | |
---|---|---|---|---|
Dividend Yield | 3.31% | 0.00% | 14.51% | 36.10% |
Dividend Distribution Analysis
ACYTX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
ACYTX | Category Low | Category High | ACYTX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.33% | -0.53% | 5.33% | 29.02% |
Capital Gain Distribution Analysis
ACYTX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Aug 30, 2024 | $0.031 | OrdinaryDividend |
Jul 31, 2024 | $0.030 | OrdinaryDividend |
Apr 30, 2024 | $0.030 | OrdinaryDividend |
Mar 28, 2024 | $0.029 | OrdinaryDividend |
Feb 29, 2024 | $0.029 | OrdinaryDividend |
Jan 31, 2024 | $0.028 | OrdinaryDividend |
Dec 29, 2023 | $0.030 | OrdinaryDividend |
Nov 30, 2023 | $0.029 | OrdinaryDividend |
Oct 31, 2023 | $0.028 | OrdinaryDividend |
Sep 29, 2023 | $0.029 | OrdinaryDividend |
Aug 31, 2023 | $0.028 | OrdinaryDividend |
Jul 31, 2023 | $0.026 | OrdinaryDividend |
Jun 30, 2023 | $0.029 | OrdinaryDividend |
May 31, 2023 | $0.027 | OrdinaryDividend |
Apr 28, 2023 | $0.025 | OrdinaryDividend |
Mar 31, 2023 | $0.028 | OrdinaryDividend |
Feb 28, 2023 | $0.027 | OrdinaryDividend |
Jan 31, 2023 | $0.024 | OrdinaryDividend |
Dec 30, 2022 | $0.028 | OrdinaryDividend |
Nov 30, 2022 | $0.026 | OrdinaryDividend |
Oct 31, 2022 | $0.023 | OrdinaryDividend |
Sep 30, 2022 | $0.026 | OrdinaryDividend |
Aug 31, 2022 | $0.023 | OrdinaryDividend |
Jul 29, 2022 | $0.022 | OrdinaryDividend |
Jun 30, 2022 | $0.023 | OrdinaryDividend |
May 31, 2022 | $0.021 | OrdinaryDividend |
Apr 29, 2022 | $0.023 | OrdinaryDividend |
Mar 31, 2022 | $0.020 | OrdinaryDividend |
Feb 28, 2022 | $0.022 | OrdinaryDividend |
Jan 31, 2022 | $0.020 | OrdinaryDividend |
Dec 31, 2021 | $0.022 | OrdinaryDividend |
Dec 07, 2021 | $0.008 | CapitalGainLongTerm |
Nov 30, 2021 | $0.022 | OrdinaryDividend |
Oct 31, 2021 | $0.022 | OrdinaryDividend |
Sep 30, 2021 | $0.022 | OrdinaryDividend |
Aug 31, 2021 | $0.021 | OrdinaryDividend |
Jul 31, 2021 | $0.023 | OrdinaryDividend |
Jun 30, 2021 | $0.023 | OrdinaryDividend |
May 31, 2021 | $0.022 | OrdinaryDividend |
Apr 30, 2021 | $0.025 | OrdinaryDividend |
Mar 31, 2021 | $0.023 | OrdinaryDividend |
Feb 28, 2021 | $0.025 | OrdinaryDividend |
Jan 31, 2021 | $0.021 | OrdinaryDividend |
Dec 31, 2020 | $0.026 | OrdinaryDividend |
Nov 30, 2020 | $0.024 | OrdinaryDividend |
Oct 30, 2020 | $0.025 | OrdinaryDividend |
Sep 30, 2020 | $0.025 | OrdinaryDividend |
Jul 31, 2020 | $0.026 | OrdinaryDividend |
Jun 30, 2020 | $0.025 | OrdinaryDividend |
May 29, 2020 | $0.024 | OrdinaryDividend |
Mar 31, 2020 | $0.024 | OrdinaryDividend |
Feb 28, 2020 | $0.024 | OrdinaryDividend |
Jan 31, 2020 | $2,020.000 | OrdinaryDividend |
Dec 31, 2019 | $0.025 | OrdinaryDividend |
Dec 17, 2019 | $0.018 | CapitalGainLongTerm |
Nov 29, 2019 | $0.026 | OrdinaryDividend |
Oct 31, 2019 | $0.025 | OrdinaryDividend |
Sep 30, 2019 | $0.026 | OrdinaryDividend |
Aug 30, 2019 | $0.026 | OrdinaryDividend |
Jul 31, 2019 | $0.027 | OrdinaryDividend |
Dec 11, 2018 | $0.006 | CapitalGainLongTerm |
ACYTX - Fund Manager Analysis
Managers
Alan Kruss
Start Date
Tenure
Tenure Rank
Apr 30, 2006
16.1
16.1%
Mr. Kruss, Vice President and 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.
Joseph Gotelli
Start Date
Tenure
Tenure Rank
Jul 22, 2008
13.87
13.9%
Mr. Gotelli, Portfolio Manager and Vice President, has joined American Century Investments since 2008. He has shared primary responsibility for the management of the fund, and has served on teams managing fixed-income investments since joining the advisor. Prior to joining American Century Investments, he was an assistant portfolio manager at Franklin Templeton Investments for seven years. He has a bachelor’s degree in business economics from the University of California, Santa Barbara and an MBA from Santa Clara University.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 35.05 | 7.35 | 1.58 |