American Century California High Yield Municipal Fund I Class (BCHIX)
| Fund Assets | 1.60B |
| Expense Ratio | 0.30% |
| Min. Investment | $5,000,000 |
| Turnover | 56.00% |
| Dividend (ttm) | 0.40 |
| Dividend Yield | 4.08% |
| Dividend Growth | 1.78% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 9.71 |
| YTD Return | 1.08% |
| 1-Year Return | 4.70% |
| 5-Year Return | 4.30% |
| 52-Week Low | 8.84 |
| 52-Week High | 9.72 |
| Beta (5Y) | n/a |
| Holdings | 648 |
| Inception Date | Mar 1, 2010 |
About BCHIX
American Century California High-Yield Municipal Fund I Class is an institutional share class of a fixed income mutual fund focused on the municipal bond sector. Its primary objective is to provide high current income that is exempt from both federal and California state income taxes. The fund invests at least 80% of its net assets in municipal securities issued by California state and local governments and related authorities, with an emphasis on higher-yield bonds that are rated below investment grade or deemed of similar quality by the investment team. This targeted exposure aims to capture enhanced yields from a diverse blend of issuers within California’s infrastructure, housing, healthcare, education, and public services sectors. With total assets exceeding $1 billion, the fund is managed for institutional investors, evidenced by a minimum investment requirement of $5 million and a low expense ratio of 0.30%. It typically holds a broad portfolio, with hundreds of individual bond holdings and an effective duration that positions it slightly longer than the benchmark. Periodic distributions are made monthly, providing investors with a consistent stream of tax-advantaged income. The fund plays a significant role in serving organizations and high-net-worth investors seeking municipal bond exposure with both tax efficiency and higher income potential specific to California.
Performance
BCHIX had a total return of 4.70% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.46%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.03381 | Jan 30, 2026 |
| Dec 31, 2025 | $0.0351 | Dec 31, 2025 |
| Nov 28, 2025 | $0.03142 | Nov 28, 2025 |
| Oct 31, 2025 | $0.03564 | Oct 31, 2025 |
| Sep 30, 2025 | $0.03228 | Sep 30, 2025 |
| Aug 29, 2025 | $0.03453 | Aug 29, 2025 |