American Century California Intermediate-Term Tax-Free Bond Inv Cl (BCITX) NASDAQ

11.13

+0.03(+0.27%)

Updated at September 08 04:00PM

Currency In USD

American Century California Intermediate-Term Tax-Free Bond Inv Cl

Address

1665 Charleston Rd

Mountain View, CA 94043

United States of America

Phone

8003218321

Website

N/A

Sector

Financial Services

Industry

Asset Management - Bonds

Employees

N/A

First IPO Date

November 15, 1983

Key Executives

N/A

Description

The portfolio managers primarily buy investment-grade debt securities and, under normal market conditions, will invest at least 80% of the fund’s net assets in debt securities that have interest payments exempt from federal and California income taxes. Cities, counties and other municipalities in California and U.S. territories, such as Puerto Rico, issue these securities. The fund’s weighted average maturity will be not less than three years nor more than ten years. However, there is no maturity limit on individual securities.