Key stats
About American Century California Municipal Bond ETF
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Inception date
Jul 16, 2024
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
American Century Investment Management, Inc.
Distributor
Foreside Fund Services LLC
ISIN
US0250721174
CATF aims for high current income by providing exposure to investment grade California municipal and other debt securities with interest payments that are exempt from federal and income taxes. The fund may invest in securities of any maturity, depending on the managers forecast of interest rates. Through the funds actively managed mandate, the portfolio manager has full discretion to buy, sell, or hold at any time. The fund targets investment grade debt but may still invest in junk bonds or unrated securities. The fund may also employ techniques for capital appreciation that consider future interest-rate movements and the potential for credit upgrades.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Municipal
Bonds, Cash & Other100.00%
Municipal96.16%
Cash3.84%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
CATF last dividends amounted to 0.14 USD. The month before, the issuer paid 0.11 USD in dividends, which shows a 20.34% increase.
CATF assets under management is 54.62 M USD. It's risen 7.10% over the last month.
CATF fund flows account for 29.30 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, CATF pays dividends to its holders with the dividend yield of 3.25%. The last dividend (Sep 4, 2025) amounted to 0.14 USD. The dividends are paid monthly.
CATF shares are issued by American Century Cos., Inc. under the brand American Century. The ETF was launched on Jul 16, 2024, and its management style is Active.
CATF expense ratio is 0.28% meaning you'd have to pay 0.28% of your investment to help manage the fund.
CATF follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
CATF invests in bonds.
CATF price has risen by 2.23% over the last month, and its yearly performance shows a −2.21% decrease. See more dynamics on CATF price chart.
NAV returns, another gauge of an ETF dynamics, showed a 3.36% increase in three-month performance and has increased by 1.94% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 3.36% increase in three-month performance and has increased by 1.94% in a year.
CATF trades at a premium (0.09%) meaning the ETF is trading at a higher price than the calculated NAV.