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American Century CA High Yield Muni Y ACYHX Fund Analysis

Morningstar Medalist Rating
| Medalist Rating as of | See American Century Investment Hub

Morningstar’s Analysis ACYHX

Will ACYHX 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 ACYHX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the ACYHX 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 ACYHX’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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