CAYAX – Fund Analysis – American Century CA High Yield Muni A | Morningstar

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An atypical California high-yield muni strategy.

Associate Analyst River Meng

River Meng

Associate Analyst

Summary

American Century California High Yield Muni’s sizable appetite for below-investment-grade debt is in line with a small subset of California-focused rivals, but the strategy is otherwise unremarkable.

by River Meng

Rated on Apr 30, 2026 Published on Apr 30, 2026

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