American Century California High Yield Municipal Fund Y Class ACYHX Fund Analysis

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Morningstar’s Analysis ACYHX

Will ACYHX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

An atypical California high-yield muni strategy.

Associate Analyst River Meng

River Meng

Associate Analyst

Summary

American Century California High Yield Muni’s sizable appetite for below-investment-grade debt is in line with a small subset of California-focused rivals, but the strategy is otherwise unremarkable.

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