TAX-FREE MONEY MARKET FUND
Fund
BNTXX
Price as of:
$1.00
- $0.00
- 0.00%
Primary Theme
fund company
Name
As of 11/19/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
2.8%
1 yr return
2.8%
3 Yr Avg Return
2.0%
5 Yr Avg Return
1.3%
Net Assets
$6.72 M
Holdings in Top 10
30.1%
52 WEEK LOW AND HIGH
$1.0
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.50%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,500
IRA
N/A
Fund Classification
Fund Type
Money Market Fund
Name
As of 11/19/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
BNTXX - Profile
Distributions
- YTD Total Return 2.8%
- 3 Yr Annualized Total Return 2.0%
- 5 Yr Annualized Total Return 1.3%
- Capital Gain Distribution Frequency None
- Net Income Ratio 0.01%
- Dividend Yield 3.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameTAX-FREE MONEY MARKET FUND
-
Fund Family NameAmerican Century Investments
-
Inception DateNov 12, 2012
-
Shares Outstanding153027368
-
Share ClassInvestor
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerManagement Team
Fund Description
The fund is a retail money market fund that invests in municipal money market securities. The securities purchased by the fund are subject to the maturity, quality, diversification, and other requirements of Rule 2a-7 under the Investment Company Act of 1940, as amended. Although the fund seeks to maintain a $1.00 share price, there is no guarantee it will be able to do so.
Under normal market conditions, the fund invests at least 80% of its net assets in cash-equivalent, high-quality debt securities with interest payments exempt from federal income tax. Cities, counties, other municipalities and U.S. territories may issue these securities. A high-quality debt security is one that an independent rating agency rates in its top two credit quality categories or that the advisor determines to be of comparable credit quality.
The portfolio managers also may buy cash-equivalent, high-quality debt securities with interest payments exempt from regular federal income tax, but not exempt from the federal alternative minimum tax. Cities, counties, and other municipalities usually issue these securities (called private activity bonds) to fund for-profit private projects, such as hospitals and athletic stadiums. The fund may invest no more than 20% of its assets in these securities.
When determining whether to buy or sell a security, portfolio managers may consider current and anticipated changes in interest rates, issuer credit quality, comparable alternatives, diversification limits, and general market conditions.
BNTXX - Performance
Return Ranking - Trailing
| Period | BNTXX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 2.8% | 2.1% | 4.9% | 70.18% |
| 1 Yr | 2.8% | 2.2% | 5.3% | 85.96% |
| 3 Yr | 2.0%* | 1.4% | 3.7% | 79.59% |
| 5 Yr | 1.3%* | 0.9% | 2.3% | 79.25% |
| 10 Yr | 0.9%* | 0.7% | 1.2% | 61.29% |
* Annualized
Return Ranking - Calendar
| Period | BNTXX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 0.0% | 0.0% | 0.0% | 56.58% |
| 2022 | 0.0% | 0.0% | 0.0% | 55.26% |
| 2021 | 0.0% | 0.0% | 0.0% | 51.47% |
| 2020 | 0.0% | 0.0% | 0.0% | 51.52% |
| 2019 | 0.0% | 0.0% | 0.0% | 55.71% |
Total Return Ranking - Trailing
| Period | BNTXX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 2.8% | 2.1% | 4.9% | 70.18% |
| 1 Yr | 2.8% | 2.2% | 5.3% | 85.96% |
| 3 Yr | 2.0%* | 1.4% | 3.7% | 79.59% |
| 5 Yr | 1.3%* | 0.9% | 2.3% | 79.25% |
| 10 Yr | 0.9%* | 0.7% | 1.2% | 61.29% |
* Annualized
Total Return Ranking - Calendar
| Period | BNTXX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 2.7% | 2.0% | 5.4% | 78.95% |
| 2022 | 0.8% | 0.2% | 1.2% | 50.00% |
| 2021 | 0.0% | 0.0% | 0.3% | 79.41% |
| 2020 | 0.4% | 0.0% | 1.3% | 39.39% |
| 2019 | 1.1% | 0.0% | 2.7% | 62.86% |
NAV & Total Return History
BNTXX - Holdings
Concentration Analysis
| BNTXX | Category Low | Category High | BNTXX % Rank | |
|---|---|---|---|---|
| Net Assets | 6.72 M | 3.67 M | 19.7 B | 98.68% |
| Number of Holdings | 83 | 1 | 921 | 68.42% |
| Net Assets in Top 10 | 45.8 M | 40.6 M | 17.4 B | 97.37% |
| Weighting of Top 10 | 30.06% | 9.8% | 100.0% | 47.37% |
Top 10 Holdings
- IOWA FIN AUTH MIDWESTERN DISASTER AREA REV 0.15% 3.64%
- ST PAUL MINN PORT AUTH MULTIFAMILY REV 0.91% 3.50%
- ILLINOIS HSG DEV AUTH MULTI FAMILY REV 0.84% 3.43%
- ROSWELL GA HSG AUTH MULTIFAMILY REV 0.07% 3.42%
- PINAL CNTY ARIZ INDL DEV AUTH SOLID WASTE DISP REV 0.85% 3.41%
- MICHIGAN FIN AUTH REV 4% 3.39%
- TENDER OPT BD TR RCPTS / CTFS VAR STS 0.93% 3.28%
- MIZUHO FLOATER / RESIDUAL TR VAR STS 0.13% 3.26%
- California St Dept Wtr Res Wtr Coml Pape 0.14% 3.26%
- CALIFORNIA ST DEPT WTR RES WTR REV IAM COML PAPER NTS 3/A2 SER 2 0.08% 3.23%
Asset Allocation
| Weighting | Return Low | Return High | BNTXX % Rank | |
|---|---|---|---|---|
| Bonds | 88.72% | 0.00% | 99.21% | 25.00% |
| Cash | 11.28% | 0.79% | 100.00% | 76.32% |
| Stocks | 0.00% | 0.00% | 0.00% | 55.26% |
| Preferred Stocks | 0.00% | 0.00% | 0.00% | 55.26% |
| Other | 0.00% | 0.00% | 0.00% | 55.26% |
| Convertible Bonds | 0.00% | 0.00% | 0.00% | 55.26% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | BNTXX % Rank | |
|---|---|---|---|---|
| Municipal | 88.72% | 0.00% | 99.21% | 25.00% |
| Cash & Equivalents | 11.28% | 0.79% | 100.00% | 76.32% |
| Derivative | 0.00% | 0.00% | 0.00% | 55.26% |
| Securitized | 0.00% | 0.00% | 0.00% | 55.26% |
| Corporate | 0.00% | 0.00% | 0.00% | 55.26% |
| Government | 0.00% | 0.00% | 13.45% | 60.53% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | BNTXX % Rank | |
|---|---|---|---|---|
| US | 88.72% | 0.00% | 99.21% | 25.00% |
| Non US | 0.00% | 0.00% | 0.00% | 55.26% |
BNTXX - Expenses
Operational Fees
| BNTXX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.50% | 0.15% | 1.77% | 40.79% |
| Management Fee | 0.49% | 0.08% | 0.49% | 100.00% |
| 12b-1 Fee | N/A | 0.00% | 0.75% | N/A |
| Administrative Fee | N/A | 0.05% | 0.50% | N/A |
Sales Fees
| BNTXX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | N/A | N/A | N/A |
| Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
| BNTXX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | N/A | N/A | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| BNTXX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | N/A | 0.00% | 0.00% | N/A |
BNTXX - Distributions
Dividend Yield Analysis
| BNTXX | Category Low | Category High | BNTXX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 3.00% | 2.26% | 5.22% | 57.89% |
Dividend Distribution Analysis
| BNTXX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
| BNTXX | Category Low | Category High | BNTXX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.01% | 0.00% | 0.12% | 60.53% |
Capital Gain Distribution Analysis
| BNTXX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | None | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Oct 31, 2024 | $0.003 | OrdinaryDividend |
| Sep 30, 2024 | $0.002 | OrdinaryDividend |
| Aug 30, 2024 | $0.003 | OrdinaryDividend |
| Jul 31, 2024 | $0.002 | OrdinaryDividend |
| May 01, 2024 | $0.003 | OrdinaryDividend |
| Apr 01, 2024 | $0.003 | OrdinaryDividend |
| Feb 29, 2024 | $0.002 | OrdinaryDividend |
| Dec 31, 2023 | $0.003 | OrdinaryDividend |
| Oct 31, 2023 | $0.003 | OrdinaryDividend |
| Sep 29, 2023 | $0.003 | OrdinaryDividend |
| Aug 31, 2023 | $0.003 | OrdinaryDividend |
| Jul 31, 2023 | $0.002 | OrdinaryDividend |
| Jun 30, 2023 | $0.003 | OrdinaryDividend |
| May 31, 2023 | $0.003 | OrdinaryDividend |
| Apr 28, 2023 | $0.002 | OrdinaryDividend |
| Mar 31, 2023 | $0.003 | OrdinaryDividend |
| Feb 28, 2023 | $0.002 | OrdinaryDividend |
| Jan 31, 2023 | $0.002 | OrdinaryDividend |
| Dec 30, 2022 | $0.002 | OrdinaryDividend |
| Nov 30, 2022 | $0.001 | OrdinaryDividend |
| Oct 31, 2022 | $0.002 | OrdinaryDividend |
| Sep 30, 2022 | $0.001 | OrdinaryDividend |
| Aug 31, 2022 | $0.001 | OrdinaryDividend |
| Jul 29, 2022 | $0.000 | OrdinaryDividend |
| Jun 30, 2022 | $0.000 | OrdinaryDividend |
| May 31, 2022 | $0.000 | OrdinaryDividend |
| Apr 29, 2022 | $0.000 | OrdinaryDividend |
| Mar 31, 2022 | $0.000 | OrdinaryDividend |
| Feb 28, 2022 | $0.000 | OrdinaryDividend |
| Jan 31, 2022 | $0.000 | OrdinaryDividend |
| Nov 30, 2021 | $0.000 | OrdinaryDividend |
| Oct 31, 2021 | $0.000 | OrdinaryDividend |
| Sep 30, 2021 | $0.000 | OrdinaryDividend |
| Aug 31, 2021 | $0.000 | OrdinaryDividend |
| Jul 31, 2021 | $0.000 | OrdinaryDividend |
| Jun 30, 2021 | $0.000 | OrdinaryDividend |
| May 31, 2021 | $0.000 | OrdinaryDividend |
| Apr 30, 2021 | $0.000 | OrdinaryDividend |
| Mar 31, 2021 | $0.000 | OrdinaryDividend |
| Feb 28, 2021 | $0.000 | OrdinaryDividend |
| Jan 31, 2021 | $0.000 | OrdinaryDividend |
| Dec 31, 2020 | $0.000 | OrdinaryDividend |
| Nov 30, 2020 | $0.000 | OrdinaryDividend |
| Oct 30, 2020 | $0.000 | OrdinaryDividend |
| Sep 30, 2020 | $0.000 | OrdinaryDividend |
| Aug 31, 2020 | $0.000 | OrdinaryDividend |
| May 29, 2020 | $0.000 | OrdinaryDividend |
| Apr 30, 2020 | $0.000 | OrdinaryDividend |
| Mar 31, 2020 | $0.002 | OrdinaryDividend |
| Jan 31, 2020 | $0.000 | OrdinaryDividend |
| Dec 31, 2019 | $0.001 | OrdinaryDividend |
| Nov 29, 2019 | $0.001 | OrdinaryDividend |
| Oct 31, 2019 | $0.001 | OrdinaryDividend |
| Sep 30, 2019 | $0.001 | OrdinaryDividend |
| Aug 30, 2019 | $0.001 | OrdinaryDividend |
| Jul 31, 2019 | $0.001 | OrdinaryDividend |
| Dec 31, 2014 | $0.000 | CapitalGainShortTerm |
| Sep 30, 2011 | $0.000 | CapitalGainShortTerm |