American Century California High Yield Municipal Fund Y Class (ACYHX)
| Fund Assets | 1.60B |
| Expense Ratio | 0.27% |
| Min. Investment | $2,500 |
| Turnover | 56.00% |
| Dividend (ttm) | 0.40 |
| Dividend Yield | 4.11% |
| Dividend Growth | 1.73% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 9.72 |
| YTD Return | 1.08% |
| 1-Year Return | 4.73% |
| 5-Year Return | 4.47% |
| 52-Week Low | 8.85 |
| 52-Week High | 9.72 |
| Beta (5Y) | n/a |
| Holdings | 648 |
| Inception Date | Apr 10, 2017 |
About ACYHX
The American Century California High-Yield Municipal Fund Y Class is a mutual fund designed for investors seeking tax-exempt income by focusing on California municipal bonds. The fund primarily invests at least 80% of its net assets in municipal securities whose income payments are exempt from both federal and California state income taxes, providing a yield advantage for residents subject to these taxes. With nearly $1.5 billion in assets and a portfolio of over 685 holdings, the fund typically targets below-investment-grade (high-yield) municipal debt, which offers higher income potential but also carries elevated credit and liquidity risks compared to investment-grade counterparts. Dividend payments are made monthly, contributing to an attractive current yield for income-focused investors. While the fund’s returns are influenced by changes in interest rates and California’s economic and political developments, its emphasis on high-yield securities provides exposure to a specialized segment of the municipal market not accessible through standard state-specific bond funds. The fund is best suited for California taxpayers seeking diversified, tax-advantaged income, and it forms part of a broader suite of municipal offerings from American Century Investments, reflecting a collaborative, team-based approach to credit research and portfolio management.
Performance
ACYHX had a total return of 4.73% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.81%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.03407 | Jan 30, 2026 |
| Dec 31, 2025 | $0.03537 | Dec 31, 2025 |
| Nov 28, 2025 | $0.03165 | Nov 28, 2025 |
| Oct 31, 2025 | $0.03591 | Oct 31, 2025 |
| Sep 30, 2025 | $0.03251 | Sep 30, 2025 |
| Aug 29, 2025 | $0.03479 | Aug 29, 2025 |