American Century California High Yield Municipal Investor Class (BCHYX)
American Century California High Yield Municipal Investor Class operates in the Asset Management industry of the Financial Services sector, headquartered in Kansas City, MO, US. The stock last traded at $9.04, down 0.55% on the session, giving a market capitalisation of $1.58B. On trailing twelve-month figures it carries a trailing P/E of -11.44, a net margin of -206.7%. Its beta of 1.20 implies it has historically moved more than the broad market.
The fund invests at least 80% of its net assets in municipal securities with income payments exempt from federal and California income taxes. It invests in California municipal and other debt securities with an emphasis on high-yield securities. A high-yield security is one that has been rated below investment-grade, or determined by the investment advisor to be of similar quality. The portfolio managers also may buy unrated securities if they determine such securities meet the investment objectives of the fund.
American Century California High Yield Municipal Investor Class is most often compared with the following Financial Services names: