CAYAX : American Century California High Yield Municipal Fund A Class

CAYAX is a Bond Market Municipal Bond with MODERATE fees.

CAYAX

American Century California High Yield Municipal Fund A Class

FI Score

55 /100

Expense Ratio Rating

5 /10

Expense Rating

3 /10

Market Score

7 /10

Category Score

8 /10

Market Size

7 /10

55% FI Score
  • cayax
  • Mutual Fund
  • Bond
  • Municipal Bond

American Century California High Yield Municipal Fund A Class

Expenses: 0.75% (Better than 1% of similar funds)

This is an OK choice for a Municipal Bond Bond fund. See why ยป

Fund Summary

The investment seeks high current income that is exempt from federal and California income taxes. The fund invests at least 80% of its 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 portfolio managers also may buy unrated securities if they determine such securities meet the investment objectives of the fund.

Largest Holdings

Amount Holding
1.58% CALIFORNIA HSG FIN AGY MUN CTFS 4%
1.15% CALIFORNIA STATEWIDE CMNTYS DEV AUTH REV 5.5%
1.15% GOLDEN ST TOB SECURITIZATION CORP CALIF TOB SETTLEMENT REV 5.25%
0.92% SILICON VY TOB SECURITIZATION AUTH CALIF TOB SETTLEMENT REV 0.01%
0.86% CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK LEASE REV 5%
0.85% SAN BUENAVENTURA CALIF REV 7.5%
0.83% CALIFORNIA STATEWIDE CMNTYS DEV AUTH HOSP REV 5%
0.82% PALOMAR HEALTH CALIF REV 5%
0.79% CALIFORNIA CMNTY HSG AGY ESSENTIAL HSG REV 5%
0.78% ORANGE CNTY CALIF CMNTY FACS DIST SPL TAX 5%
0.77% SAN JOAQUIN HILLS CALIF TRANSN CORRIDOR AGY TOLL RD REV 0.01%
0.74% CALIFORNIA STATEWIDE CMNTYS DEV AUTH REV 5%
0.72% TOBACCO SECURITIZATION AUTH SOUTHN CALIF TOB SETTLEMENT REV 5%
0.71% CALIFORNIA ST 5%
0.69% PALOMAR HEALTH CALIF REV 5%
0.68% GOLDEN ST TOB SECURITIZATION CORP CALIF TOB SETTLEMENT REV 5%
0.67% PALOMAR HEALTH CALIF REV 5%
0.67% PALOMAR HEALTH CALIF REV 4%
0.66% FOOTHILL-DE ANZA CALIF CMNTY COLLEGE DIST 0%
0.64% SAN DIEGO CNTY CALIF REGL ARPT AUTH ARPT REV 5%
0.62% OROVILLE CALIF REV 5.25%
0.58% SAN CLEMENTE CALIF SPL TAX 5%
0.58% CALIFORNIA STATEWIDE CMNTYS DEV AUTH SPL TAX 5%
0.58% CALIFORNIA CMNTY HSG AGY WORKFORCE HSG REV 5%
0.57% GOLDEN ST TOB SECURITIZATION CORP CALIF TOB SETTLEMENT REV 0.01%

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