American Century Investments Long Term Tax Free Fund Class CACTCX

11.46
0.01 / 0.09%
10.88 - 11.55+0.87
NAV in USDNAV change52-week range3-yr sharpe ratio

As of market close Jul 31 2014.

Total returns on $10,000

As of Jun 30 2014.Fund performance

Objective

The investment seeks a high level of current income exempt from federal income taxes, consistent with preservation of capital. Under normal market conditions, the fund will invest at least 80% of the value of net assets (plus any borrowings for investment purposes) in investment-grade municipal obligations with interest payments exempt from federal taxes. The fund will typically invest in long-term debt securities. The fund will maintain a weighted average maturity of more than ten years. Although the fund invests primarily in investment-grade securities, up to 20% of the value of the fund's net assets may be invested in below investment-grade securities.

Profile

Fund typeOpen Ended Investment Company
Investment style (bonds)
Credit Quality: Mid
Interest-Rate Sensitivity: Mod
Morningstar categoryMuni National Long
Launch date03/04/2006
Price currencyUSD
DomicileUnited States
SymbolACTCX
Manager & start date
Steven Permut
30/06/2003
Alan Kruss
28/03/2008
Joseph Gotelli
01/10/2008

Investment

Pricing frequencyDaily
Total net assets
2.41m USDAs of Jun 30 2014
Net expense ratio1.47%
Front end load--
Deferred load1.00%
Redemption fee--
Min. initial investment5,000 USD
Min. additional investment50.00 USD
Initial IRA--
Additional IRA--
Available for saleUnited States

Diversification

Asset type

US bond
99.11%
Cash
4.62%
Non-US bond
0.00%
Non-US stock
0.00%
US stock
0.00%
Other
-3.74%

Top 5 sectors

Municipal Tax-Exempt
99.11%
Cash & Equivalents
4.62%

Top 5 Regions

Regional weighting data is unavailable.

Sector and region weightings are calculated using only long position holdings of the portfolio.

Sector & regional holdings

Top 5 holdings

Company1 year
change
Portfolio
weight
Long
allocation
Conn St Hsg Fin Auth--1.55%
New York N Y City Tr Cultural Var Rate--1.51%
New York N Y City Mun Wtr Fin Second 5%--1.09%
California St Go Bds 5.75%--1.01%
California St Go Bds 5.625%--1.01%
Data delayed at least 15 minutes, as of Mar 31 2014.Top 10 holdings

The performance data shown in tables and graphs on this page is calculated in USD of the fund / index / average (as applicable), on a Bid To Bid / Nav to Nav basis, with gross dividends re-invested on ex-dividend date. Past performance is not necessarily a guide to future performance; unit prices may fall as well as rise.

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