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Morningstar

American Century CA High Yield Muni Inv BCHYX

Morningstar Medalist Rating
Medalist Rating as of | See American Century Investment Hub
  • NAV / 1-Day Return 9.84  /  +0.03 %
  • Total Assets 1.5 Bil
  • Adj. Expense Ratio
    0.500%
  • Expense Ratio 0.500%
  • Distribution Fee Level Below Average
  • Share Class Type No Load
  • Category Muni California Long
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield 3.71%
  • Effective Duration 7.87 years

USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:12 PM GMT+0

Morningstar’s Analysis BCHYX

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

  • People Pillar

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

Still in solid standing after 2022 leadership transition.

Analyst Max Curtin

Max Curtin

Analyst

Summary

There is plenty to like about American Century California High Yield Municipal’s collaborative approach, but its lean credit analyst team carries a heavy coverage load, which provides pause.

by Max Curtin
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings BCHYX

More BCHYX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 9.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

UNIV CALIF REGTS MED CTR POOLED REV 4.55%

1.23 18.0 Mil
municipal

SILICON VY TOB SECURITIZATION AUTH CALIF TOB SETTLEMENT REV 0.01%

1.14 16.7 Mil
municipal

CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK REV 4%

1.07 15.7 Mil
municipal

CALIFORNIA STATEWIDE CMNTYS DEV AUTH REV 5.25%

1.02 14.9 Mil
municipal

PALOMAR HEALTH CALIF REV 5%

0.96 14.1 Mil
municipal

BAY AREA TOLL AUTH CALIF TOLL BRDG REV 4.55%

0.95 13.9 Mil
municipal

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

0.85 12.5 Mil
municipal

CALIFORNIA MUN FIN AUTH STUDENT HSG REV 5%

0.85 12.4 Mil
municipal

RIVERSIDE CNTY CALIF 5%

0.83 12.2 Mil
municipal

CALIFORNIA HSG FIN AGY MUN CTFS 3.5%

0.76 11.1 Mil
municipal