The managers of American Century Intermediate Term Tax-Free Bond aim to provide a smooth, predictable experience for investors using a straightforward approach. While its reasonable fees are a plus, the strategy’s compact analyst team and middling returns support a Morningstar Analyst Rating of Neutral for most share classes and a Negative for its most expensive.
Will TWTIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable TWTIX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the TWTIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of TWTIX’s parent organization’s priorities and whether they’re in line with investors’ interests.