American Century California Intermediate-Term Tax-Free Bond Inv Cl

Frequently Asked Questions About BCITX

What does BCITX invest in?

Seeks safety of principal and high current income that is exempt from federal and California income taxes

What is the expense ratio of BCITX?

American Century California Intermediate-Term Tax-Free Bond Inv Cl (BCITX) charges an expense ratio of 0.47%. This is the annual fee deducted from fund assets to cover management and operations.

What is BCITX's dividend yield?

BCITX's trailing-twelve-month yield is 3.10%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of BCITX?

Effective duration measures BCITX's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. BCITX's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of BCITX?

BCITX's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of BCITX?

Yield to maturity (YTM) is the total return you'd earn from BCITX if every bond in the portfolio is held to maturity at the current price. BCITX's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.