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Morningstar

American Century CA High Yield Muni I BCHIX

Morningstar Medalist Rating
Medalist Rating as of | See American Century Investment Hub
  • NAV / 1-Day Return 9.66  /  +0.01 %
  • Total Assets 1.4 Bil
  • Adj. Expense Ratio
    0.300%
  • Expense Ratio 0.300%
  • Distribution Fee Level Low
  • Share Class Type Institutional
  • Category Muni California Long
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 5.0 Mil
  • Status Open
  • TTM Yield 3.90%
  • Effective Duration 8.03 years

USD | NAV as of Apr 16, 2024 | 1-Day Return as of Apr 16, 2024, 12:00 AM GMT+0

Morningstar’s Analysis BCHIX

Will BCHIX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable BCHIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the BCHIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of BCHIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A higher-yielding approach within its category.

Associate Analyst Elizabeth Templeton

Elizabeth Templeton

Associate Analyst

Summary

American Century California High Yield Municipal’s seasoned managers employ a standard process that incorporates improved analytical tools. However, a compact team limits the approach to the high-yield muni market. The strategy receives a Morningstar Medalist Rating of Neutral for most share classes, while its most expensive is rated Negative.

by Elizabeth Templeton
Rated on Published on

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Portfolio Holdings BCHIX

More BCHIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 9.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

SILICON VY TOB SECURITIZATION AUTH CALIF TOB SETTLEMENT REV 0.01%

1.18 16.4 Mil
municipal

CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK REV 4%

1.13 15.8 Mil
municipal

CALIFORNIA STATEWIDE CMNTYS DEV AUTH REV 5.25%

1.07 14.9 Mil
municipal

SAN JOAQUIN HILLS CALIF TRANSN CORRIDOR AGY TOLL RD REV 0.01%

0.90 12.6 Mil
municipal

CALIFORNIA MUN FIN AUTH STUDENT HSG REV 5%

0.89 12.5 Mil
municipal

CALIFORNIA HSG FIN AGY MUN CTFS 3.5%

0.78 10.9 Mil
municipal

PENINSULA CORRIDOR JT PWRS BRD CALIF MEASURE RR SALES TAX REV 5%

0.78 10.9 Mil
municipal

CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5.25%

0.77 10.8 Mil
municipal

CSCDA CMNTY IMPT AUTH CALIF ESSENTIAL HSG REV 4%

0.73 10.2 Mil
municipal

CALIFORNIA STATEWIDE CMNTYS DEV AUTH REV 5%

0.72 10.0 Mil
municipal