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Morningstar

American Century High-Yield Muni A AYMAX

Morningstar Analyst Rating
Analyst rating as of
  • NAV / 1-Day Return 8.93  /  0.03 %
  • Total Assets 702.3 Mil
  • Adj. Expense Ratio
    0.840%
  • Expense Ratio 0.840%
  • Distribution Fee Level Average
  • Share Class Type Front Load
  • Category High Yield Muni
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield 3.47%
  • Effective Duration 9.78 years

USD | NAV as of Jan 27, 2023 | 1-Day Return as of Jan 27, 2023, 11:09 PM GMT+00:00

Morningstar’s Analysis AYMAX

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

People Pillar

The People Pillar is our evaluation of the AYMAX 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 AYMAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Standard exposure to high yield municipal bonds.

Associate Analyst

Summary

| by Elizabeth Templeton

American Century High Yield Municipal is run by seasoned managers with improved analytic tools, but its compact team and standard process support a Morningstar Analyst Rating of Neutral for most share classes, while its most-expensive is rated Negative.

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