The managers behind American Century Intermediate Term Tax-Free Bond aim to provide a smooth experience for investors. The compact team and lack of a notable edge over peers supports a Morningstar Analyst Rating of Neutral for most share classes, while the expensive C shares get a Negative rating.
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.