CATFAmerican Century California Municipal Bond ETF

Get income1y track recordRanked #890 of 1,622 in this goal

Seeks high current income exempt from federal and California income taxes.

By American Century Investments · Launched 2024

Annual Cost

0.27%

#1,319 of 5,562 · low cost

Fund Size

$78M

#3,168 of 5,562 · mid-size

Dividend YieldGoal

3.50%

Track Record

1 year

#3,683 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$10,778+7.8%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Active selection

What it actually holds

By weight

Concentration

Top 10 holdings = 12.8% of fund✓ well diversified

State of California

1.7%

BlackRock Liquidity Funds MuniCash

1.6%

Golden State Tobacco Securitization Corp

1.3%

State of California

1.3%

SCRIPPS HLTH OBLIG GRP

1.3%

City of Manhattan Beach CA

1.2%

East County Advanced Water Purification Joint Powers Authority

1.2%

LUCILE S PACKARD CHLD HSP

1.1%

THE IGNATIAN CORPORATION

1.1%

Los Angeles Unified School District/CA

1.1%

Asset allocation

Bonds

96.8%

Cash

3.1%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

3.1%Low

Year-on-year price swings

Max drawdown

-4.8%Mild

Worst peak-to-trough loss

Sharpe (3Y)

Unavailable

Needs 3+ years of history

Sortino (3Y)

Not yet

Needs 3+ years of history

Bond profile

Duration

4.7 years

Avg maturity

10.4 years

Credit ratings

AAA

3.8%

51.6%

18.9%

BBB

9.7%

1.4%

0.2%

Other

14.5%

Where to buy

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks high current income exempt from federal and California income taxes.
Strategy: Invests primarily in California municipal and other debt securities, focusing on investment-grade but may include high-yield securities. Actively managed, the fund evaluates credit quality and may purchase securities of any duration or capitalization.
Inception date: July 16, 2024
Fund family: American Century Investments