American Century California Intermediate-Term Tax-Free Bond Fund (BCIAX)
| Fund Assets | 1.99B |
| Expense Ratio | 0.72% |
| Min. Investment | $5,000 |
| Turnover | 64.00% |
| Dividend (ttm) | 0.30 |
| Dividend Yield | 2.57% |
| Dividend Growth | 1.48% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 11.21 |
| YTD Return | 1.06% |
| 1-Year Return | 0.95% |
| 5-Year Return | 1.03% |
| 52-Week Low | 10.77 |
| 52-Week High | 11.36 |
| Beta (5Y) | n/a |
| Holdings | 1000 |
| Inception Date | Mar 1, 2010 |
About BCIAX
American Century California Intermediate-Term Tax-Free Bond Fund Class A is an actively managed municipal bond mutual fund designed to provide high current income exempt from federal and California state income taxes. The fund primarily invests in investment-grade debt issued by California municipalities and related entities, maintaining an intermediate duration profile to balance income generation with interest rate sensitivity. Portfolio managers target diversified revenue and general obligation bonds across essential-service sectors such as water and sewer, transportation, education, and healthcare, with the flexibility to use taxable holdings or shorter Treasuries tactically for liquidity and risk management. The strategy emphasizes safety of principal while seeking consistent, tax-advantaged distributions paid monthly. The fund’s structure and mandate make it a specialized option for investors subject to California taxes who want municipal exposure curated by a dedicated team and risk framework. Launched in 2010, it carries a front-loaded share class fee schedule and ongoing expenses typical of Class A shares, and it is sensitive to California’s fiscal and policy dynamics, credit conditions in the municipal market, and prevailing interest rates.
Performance
BCIAX had a total return of 0.95% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.09%.
Top 10 Holdings
11.68% of assets| Name | Symbol | Weight |
|---|---|---|
| 2 Year Treasury Note Future Sept 25 | n/a | 4.47% |
| EAST CNTY ADVANCED WTR PURIFICATION JT PWRS AUTH CALIF REV 3.125% | CA.EAWWTR 3.12 09.01.2026 | 1.83% |
| SACRAMENTO CNTY CALIF WTR FING AUTH REV 4% | CA.SACWTR 4 11.01.2025 | 0.85% |
| UNIVERSITY CALIF REVS 5% | CA.UNVHGR 5 05.15.2029 | 0.78% |
| UNIVERSITY CALIF REVS 5% | CA.UNVHGR 5 05.15.2026 | 0.76% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5.25% | CA.CCEDEV 11.01.2054 | 0.76% |
| CALIFORNIA ST PUB WKS BRD LEASE REV 5% | CA.CASFAC 5 11.01.2034 | 0.59% |
| UNIVERSITY CALIF REVS 5% | CA.UNVHGR 5 05.15.2037 | 0.57% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 4% | CA.CCEDEV 02.01.2052 | 0.54% |
| CALIFORNIA ST 5% | CA.CAS 5 09.01.2028 | 0.53% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 29, 2025 | $0.0272 | Aug 29, 2025 |
| Jul 31, 2025 | $0.02484 | Jul 31, 2025 |
| Jun 30, 2025 | $0.02492 | Jun 30, 2025 |
| May 30, 2025 | $0.02614 | May 30, 2025 |
| Apr 30, 2025 | $0.02568 | Apr 30, 2025 |
| Mar 31, 2025 | $0.02325 | Mar 31, 2025 |