CATFAmerican Century California Municipal Bond ETF
Seeks high current income exempt from federal and California income taxes.
By American Century Investments · Launched 2024
Annual Cost
0.27%
#1,231 of 5,861 · low cost
Fund Size
$83M
#3,171 of 5,861 · mid-size
Dividend YieldGoal
3.49%
Track Record
2 years
#3,590 of 5,861 · seasoned
Performance
Total-return NAV · USDGrowth of $10,000
$10,539+5.4%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundWhat it actually holds
By weightConcentration
Top 10 holdings = 12.1% of fund✓ well diversified
BlackRock Liquidity Funds MuniCash
1.8%
State of California
1.5%
Orange Unified School District
1.2%
State of California
1.2%
Golden State Tobacco Securitization Corp
1.1%
SCRIPPS HLTH OBLIG GRP
1.1%
City of Manhattan Beach CA
1.1%
Puerto Rico Sales Tax Financing Corp Sales Tax Revenue
1.1%
East County Advanced Water Purification Joint Powers Authority
1.0%
LUCILE S PACKARD CHLD HSP
1.0%
Asset allocation
Bonds
93.7%
Cash
6.3%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
3.2%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
4.8 years
Avg maturity
10.5 years
Credit ratings
AAA
7.9%
AA
48.0%
A
18.7%
BBB
9.6%
BB
1.3%
B
0.2%
Other
14.3%
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- Seeks high current income exempt from federal and California income taxes.
- Strategy
- Actively manages a portfolio of California municipal and other debt securities, investing at least 80% in municipal securities exempt from federal and California income taxes. May include investment-grade and high-yield securities across any capitalization range.
- Inception date
- July 16, 2024
- Fund family
- American Century Investments
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Data updated on 2026-08-04