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American Century Long-Term Tax-Free I (ACLSX) Fund Ranking and Research

Ranking, Research and Recommendation of American Century Long-Term Tax-Free I (ACLSX) Fund

    Last Trade: $ on , Change: (0%)

 

Graph of American Century Long-Term Tax-Free I Fund (ACLSX) ManagerFund Manager - Steven Permut

Fund Manager Information

Fund Manager Tenure: 16.4 years
Similar Funds: ACLVX 
Fund Family: American Century Investments
Fund Category: Muni National Long
Fund Performance: May 30, 2016
Fundmojo Fund Grade: C (Score: 0.51)     (What does this score mean?)

 

Graph of American Century Long-Term Tax-Free I Fund (ACLSX) ProfileAmerican Century Long-Term Tax-Free I Fund (ACLSX) Profile

Fund Profile and Description

American Century Long-Term Tax-Free I Fund seeks a high level of income exempt from federal income taxes, consistent with preservation of capital. American Century Long-Term Tax-Free I Fund invests at least 80% of net assets in investment-grade municipal obligations with interest payments exempt from federal taxes. It may invest up to 20% of net assets in below investment-grade securities (BB and below). American Century Long-Term Tax-Free I Fund typically invests in long-term debt securities. It normally maintains a weighted average maturity of more than ten years.

 

American Century Long-Term Tax-Free I (ACLSX) Fund Strength What we like about American Century Long-Term Tax-Free I (ACLSX) Fund

Data for American Century Long-Term Tax-Free I Fund (ACLSX) as of May 30, 2016

  • American Century Long-Term Tax-Free I Fund (ACLSX) management has been with American Century Long-Term Tax-Free I Fund for 16.4 years
  • American Century Long-Term Tax-Free I Fund (ACLSX) has good short-term performance (1-year return 6.04% vs 5.73% Muni National Long category median performance)
  • American Century Long-Term Tax-Free I Fund (ACLSX) ratio of up-years vs down years is greater than 2
  • Asset base in American Century Long-Term Tax-Free I Fund (ACLSX) has been consistently increasing at a reasonable pace in the last 2 months. It shows investor confidence and market support
  • American Century Long-Term Tax-Free I Fund (ACLSX) is less volatile than its peers as it has a 3-year Standard Deviation of 3.6, lower than category average of 4.16
  • American Century Long-Term Tax-Free I Fund (ACLSX) has a lower expense ratio than its Muni National Long average: 0.27% vs 0.88%
  • American Century Long-Term Tax-Free I Fund (ACLSX) is a true no-load fund as it has no load and no 12b1 promotion, distributions, marketing expenses

American Century Long-Term Tax-Free I Fund (ACLSX) Weakness What we are cautious about American Century Long-Term Tax-Free I (ACLSX) Fund

Data for American Century Long-Term Tax-Free I Fund (ACLSX) as of May 30, 2016

  • American Century Long-Term Tax-Free I Fund (ACLSX) has a less-than-ideal mid-term performance (3-year return 3.54% vs 3.84% Muni National Long category median performance)
  • American Century Long-Term Tax-Free I Fund (ACLSX) has a less-than-ideal Long-term performance (5-year return 5.02% vs 5.50% Muni National Long category median performance)
  • American Century Long-Term Tax-Free I Fund (ACLSX) has a Morningstar rating of 3 and below
  • American Century Long-Term Tax-Free I Fund (ACLSX) is less safe compared to its Muni National Long peers
  • American Century Long-Term Tax-Free I Fund (ACLSX) has an annual stock turnover rate of 27.00% that is higher than the Muni National Long average of 18.14%. This could mean American Century Long-Term Tax-Free I is more nimble, but also signal potential high tax impact and high trading fees
See American Century Long-Term Tax-Free I Fund (ACLSX) performance details as of May 30, 2016

 

What do you think?

 

Compare American Century Long-Term Tax-Free I Fund (ACLSX)Compare with other top Muni National Long category mutual funds

Aadditional top Muni National Long mutual funds for your consideration

FundYear to Date1 Year3 year5 year
American Century Long-Term Tax-Free I2.796.043.545.02
Columbia AMT-Free Tax-Exempt Bond A (INTAX)3.116.984.916.56Compare
Nuveen All-American Municipal Bond I (FAARX)3.607.045.187.16Compare
T. Rowe Price Summit Municipal Inc (PRINX)3.126.564.576.13Compare

See top fund managers for Muni National Long Category Funds

 

Compare American Century Long-Term Tax-Free I Fund (ACLSX)Compare with Muni National Long category ETFs

Some Muni National Long ETFs for your consideration

ETFYear to DateOne YearThree Year
Market Vectors Long Municipal ETF (MLN)000
SPDR Nuveen Barclays Municipal Bond ETF (TFI)000
Market Vectors CEF Municipal Income ETF (XMPT)000

 

Graph of American Century Long-Term Tax-Free I Fund (ACLSX) Net Asset TrackingAmerican Century Long-Term Tax-Free I (ACLSX) Fund Net Asset

Track net asset change of American Century Long-Term Tax-Free I fund (ACLSX)

DateNet Asset
05/2016$57.92M
03/2016$57.35M
02/2016$56.94M
More historic net asset information on American Century Long-Term Tax-Free I Fund (ACLSX)

  

Graph of American Century Long-Term Tax-Free I Fund (ACLSX) Portfolio TrackingAmerican Century Long-Term Tax-Free I (ACLSX) Fund Portfolio Allocation

Track portfolio allocation change of American Century Long-Term Tax-Free I fund (ACLSX)

DateCashStockBondOther
03/20164.35%0%95.65%0%
12/20152.58%0%97.42%0%
09/20152.97%0%97.03%0%
Click here to see more historic asset allocation information on American Century Long-Term Tax-Free I Fund (ACLSX)

 

graph of American Century Long-Term Tax-Free I Fund (ACLSX) Top 10 Position TrackingTop 10 Holdings in American Century Long-Term Tax-Free I (ACLSX) Fund

Discover what American Century Long-Term Tax-Free I Fund (ACLSX) manager is buying

Mar 30, 2016
New York N Y Go Bds 0.25% [1.76%]
New York N Y City Mun Wtr Fin Second 5% [1.23%]
California St Go Bds 5.625% [1.01%]
California St Go Bds 5.75% [1.01%]
New York N Y Go Ref Bd 5% [1%]
Detroit Mich Wtr & Sew Dept Se Rev 5.25% [0.83%]
California Statewide Cmntys De Rev Bd 5% [0.81%]
Harris Cnty Tex Toll Rd S 5% [0.78%]
Metropolitan Atlanta Rapid Tra Rev Bd 5% [0.78%]

Dec 30, 2015
New York N Y City Mun Wtr Fin Second 5% [1.22%]
California St Go Bds 5.75% [1.04%]
California St Go Bds 5.625% [1.03%]
New York N Y Go Ref Bd 5% [1.02%]
Detroit Mich Wtr & Sew Dept Se Rev 5.25% [0.85%]
California Statewide Cmntys De Rev Bd 5% [0.81%]
Harris Cnty Tex Toll Rd S 5% [0.8%]
Metropolitan Atlanta Rapid Tra Rev Bd 5% [0.8%]
Los Angeles Calif Dept Wtr & P Pwr 5.25% [0.79%]

Sep 29, 2015
Clarksville Tenn Pub Bldg Auth 0.01% [1.4%]
New York N Y City Mun Wtr Fin Second 5% [1.23%]
California St Go Bds 5.75% [1.08%]
California St Go Bds 5.625% [1.07%]
New York N Y Go Ref Bd 5% [1.05%]
Detroit Mich Wtr & Sew Dept Se Rev 5.25% [0.85%]
Metropolitan Atlanta Rapid Tra Rev Bd 5% [0.83%]
Harris Cnty Tex Toll Rd S 5% [0.82%]
Los Angeles Calif Dept Wtr & P Pwr 5.25% [0.82%]
Click here for Stock Holding Change Map in American Century Long-Term Tax-Free I Fund (ACLSX)

  

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