American Century CA High-Yld Muni A
1665 Charleston Rd Mountain View CA 94043
Map
Phone: 800-345-2021
| Category: | Muni California Long | | Fund Family: | American Century Investments | | Net Assets: | 132.04M | | Year-to-Date Return: | -0.91% | | Yield: | 4.78% | | Morningstar Rating: |  | | Fund Inception Date: | 31-Jan-03 |
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Steven Permut
Lead Manager since
30-Jun-90 | | | Permut is a senior portfolio manager and director of municipal research with American Century Investments, his employer since 1987. Previously, he spent four years as a municipal credit analyst with Moodys Investors Services. 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: | $0 | | Min Initial Investment, AIP: | $5,000 | | Min Subsequent Investment: | $50 | | Min Subsequent Investment, IRA: | $0 | | 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
(31-Jul-08):
| 0.04 | | Last Cap Gain
| N/A | | Annual Holdings Turnover
| 17.00% | | Average for Category:
| 30.23% |
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| Expense | CAYAX | Category
Avg | | Total Expense Ratio: | 0.77%
| 1.13% | | Max 12b1 Fee: | 0.25%
| N/A | | Max Front End Sales Load: | 4.50%
| 4.22% | | Max Deferred Sales Load: | 0.00%
| 2.62% | | 3 Yr Expense Projection*: |
$685 | $589 | | 5 Yr Expense Projection*: |
$859 | $845 | | 10 Yr Expense Projection*: |
$1,362 | $1,578 |
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1.47% Nasdaq 
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