The managers of American Century Intermediate Term Tax-Free Bond aim to provide a smooth, predictable experience for investors using a straightforward approach. While its reasonable fees are a plus, the fund’s compact analyst team and middling returns support a Morningstar Analyst Rating of Neutral.
Will ATBYX outperform in future?
Get our overall rating based on a fundamental assessment of the pillar’s below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable ATBYX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the ATBYX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of ATBYX’s parent organization’s priorities and whether they’re in line with investors’ interests.
The Price Pillar compares ATBYX’s fees to similar funds, determining whether or not the fund provides a good value proposition.
The Performance Pillar is our evaluation of whether ATBYX’s returns have been the result of chance or a proven, long-term process and compares the fund with its category or benchmark.