American Century California High-Yield Municipal Fund Q1 2026 Commentary
The American Century California High-Yield Municipal Fund experienced a decline in the first quarter of 2026. This downturn was primarily attributed to surging interest rates in March. The commentary provides insights into the performance of California municipal bonds during this period.
- ▪California municipal bonds declined for the quarter.
- ▪Surging interest rates in March largely drove the quarter's decline.
- ▪The commentary discusses the performance of the American Century California High-Yield Municipal Fund.
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