Symbols

CATF

American Century California Municipal Bond ETF·ARCA

--(--)

Key Stats

Assets Under Management

62.89MUSD

Fund Flows (1Y)

29.22MUSD

Dividend Yield

3.37%

Discount/Premium to NAV

0.25%

Shares Outstanding

1.25M

Expense Ratio

0.28%

About American Century California Municipal Bond ETF

Issuer

American Century Investment Management, Inc.

Brand

American Century

Home Page

https://www.americancentury.com/invest/funds/american-century-california-municipal-bond-etf/

Inception Date

Jul 16, 2024

Structure

Open-Ended Fund

Index Tracked

Management Style

Active

Dividend Treatment

Distributes

Distribution Tax Treatment

Ordinary income

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

American Century Investment Management, Inc.

Distributor

Foreside Fund Services LLC

CATF aims for high current income by providing exposure to investment grade California municipal and other debt securities with interest payments that are exempt from federal and income taxes. The fund may invest in securities of any maturity, depending on the managers' forecast of interest rates. Through the fund's actively managed mandate, the portfolio manager has full discretion to buy, sell, or hold at any time. The fund targets investment grade debt but may still invest in junk bonds or unrated securities. The fund may also employ techniques for capital appreciation that consider future interest-rate movements and the potential for credit upgrades.