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.
American Century IntermTrm Tx-Fr Bd Inv TWTIX
NAV / 1-Day Return
11.93
/
0.00
Total Assets
4.3 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
0.470%
Expense Ratio
0.470%
Fee Level
Below Average
Longest Manager Tenure
20.14
years
Category
Muni National Interm
Credit Quality / Interest Rate Sensitivity
Medium / ModerateMin. Initial Investment
5,000
Status
Open
TTM Yield
2.21%
Effective Duration
5.42
years
Premium
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will TWTIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
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.
People Pillar
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.
Parent Pillar
The Parent Pillar is our rating of TWTIX’s parent organization’s priorities and whether they’re in line with investors’ interests.
In the middle.
