American Century California Intermediate-Term Tax-Free Bond Fund I Class (BCTIX)
| Fund Assets | 2.22B |
| Expense Ratio | 0.27% |
| Min. Investment | $5,000,000 |
| Turnover | 61.00% |
| Dividend (ttm) | 0.36 |
| Dividend Yield | 3.23% |
| Dividend Growth | 3.64% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 31, 2026 |
| Previous Close | 11.18 |
| YTD Return | -0.18% |
| 1-Year Return | 4.91% |
| 5-Year Return | 5.13% |
| 52-Week Low | 10.76 |
| 52-Week High | 11.44 |
| Beta (5Y) | n/a |
| Holdings | 1040 |
| Inception Date | Mar 1, 2010 |
About BCTIX
American Century California Intermediate-Term Tax-Free Bond Fund I Class is an institutional municipal bond fund designed to provide safety of principal and high current income that is exempt from federal and California state income taxes. The strategy emphasizes investment-grade California municipal securities and bonds issued by U.S. territories, with at least 80% of assets in securities whose interest is tax-exempt. The portfolio targets an intermediate interest-rate profile, maintaining a weighted average maturity generally between three and ten years, and an effective duration around the mid‑single digits, aligning with the muni California intermediate category. Managed with a cost-conscious approach, the share class carries a low expense ratio and a large, diversified roster of holdings spanning essential-service revenue bonds, higher education, housing finance, and energy and water infrastructure. The fund distributes income monthly and is positioned as an institutional share class with a higher minimum initial investment, serving institutions and advised clients seeking California-specific tax-exempt income while balancing credit quality and interest-rate sensitivity.
Performance
BCTIX had a total return of 4.91% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.62%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 31, 2026 | $0.02941 | Mar 31, 2026 |
| Feb 27, 2026 | $0.031 | Feb 27, 2026 |
| Jan 30, 2026 | $0.03025 | Jan 30, 2026 |
| Dec 31, 2025 | $0.03167 | Dec 31, 2025 |
| Nov 28, 2025 | $0.02873 | Nov 28, 2025 |
| Oct 31, 2025 | $0.03233 | Oct 31, 2025 |