American CenturyBonds & CashMunicipal#319 of 785 by YTD

American Century California Municipal Bond ETFCATF

$49.22+0.2%

+$0.10 · Nov 9 close

AUM: $167M
Fee: 0.25%
Yield: 3.6%

Bumpy · 1Y: 0.3×S&P
Volume: 13K
NAV: $49.16

BLACKROCK CASH SWEEP BLACKROCK LIQ FD MUNICASH IN 2.8%UNIV OF CALIFORNIA CA RGTS MED UNVHGR 05/45 ADJUSTABLE VAR 1.4%PUERTO RICO SALES TAX FING COR PRCGEN 07/40 FIXED 4.329 1.3%CALIFORNIA CMNTY CHOICE FING A CCEDEV 02/36 FIXED 5.25 1.1%

52-week range4% below the high

$46.75$51.09

Returns	Today	1W	1M	3M	YTD	1Y	3Y	5Y	Max
Total return	+0.2%	+1.0%	+4.3%	+0.1%	+1.4%	+1.7%	—	—	+6.3%
Peer average	+0.1%	+0.9%	+3.9%	−0.1%	+1.2%	+1.5%	+14.6%	+3.2%	—
S&P 500 · VOO	+2.3%	+0.1%	−3.3%	−2.1%	+11.3%	+13.6%	+81.6%	+75.4%	—

CATF in One Breath

CATF Among Municipal ETFs

YTD

#1MMMANY Life Investments+3.5%$60.0M

#2TAXTFlexShares+2.8%$198M

#3MYMGSPDR+2.6%$8.6M

#4SMMUPIMCO+2.5%$1.3B

#5OVMOverlay Shares+2.4%$45.7M

#6INMUiShares+2.4%$822M

#7SHYMiShares+2.4%$932M

#8TMNLT. Rowe Price+2.3%$24.7M

#64CATFAmerican Century+1.4%$167M

End-of-day Nov 10, 2026 · 141 Municipal ETFs by YTD

$10,000 in CATF

$10,000 in CATF became

$10,631

In the S&P 500 (VOO)

$13,697

Total return, dividends in · Jul 16, 2024 – Nov 9, 2026 · S&P 500 uses VOO

CATF’s Top Holdings

Today

BLACKROCK CASHBlackrock Cash Sweep Blackrock Liq Fd Municash In2.8%UNIV OF CALI1.4%PUERTO RICO 1.3%CALIFORNIA C1.1%CALIFORNIA S1.0%SAN MATEO CN1.0%STHRN CALIFO0.9%CALIFORNIA S0.9%US TREASURY 0.9%ORANGE CNTY 0.8%CALIFORNIA S0.7%INDIO CA ELE0.7%CALIFORNIA S0.7%LOS ANGELES 0.7%CUPERTINO CA0.7%CALIFORNIA S0.7%CALIFORNIA S0.7%CALIFORNIA S0.6%CALIFORNIA C0.6%CALIFORNIA S0.6%CALIFORNIA S0.6%CALIFORNIA C0.6%

American Century CATF · 398 holdings · top 22 shown · tile size = share of the fund · as of Nov 9, 2026

What CATF Holds

Today

All holdings100.0%

BLACKROCK 2.8 · UNIV OF CA 1.4 · PUERTO RIC 1.3 · CALIFORNIA 1.1 · CALIFORNIA 1.0 · SAN MATEO 1.0 · STHRN CALI

American Century CATF · share of the fund · as of Nov 9, 2026

Blackrock’s Share of CATF

Today

2.8%

$28 of every $1,000 in CATF is Blackrock

Blackrock held by CATF

$4.7M

American Century CATF · each square = $10 of $1,000 · as of Nov 9, 2026

CATF’s Share of Municipal ETFs

Today

0.1%

of the $247B in 166 Municipal ETFs

CATF$167M0.1%

MUB$55.1B22.3%

VTEB$49.6B20.1%

163 others$142B57.5%

Municipal ETF AUM · Nov 10, 2026

CATF Fee per $100 vs Peers

Today

$0.25a year
per $100

$25 a year on $10,000

VTEB$0.03

MUB$0.05

SUB$0.07

JMUB$0.18

CATF$0.25

CGMU$0.27

Expense ratio · Municipal peers · Nov 10, 2026

Inside CATF

398 holdings · as of Nov 9, 2026

CATF

American Century California Municipal Bond ETF

Today

All holdings100.0%Blackrock 2.8%384 more holdings85.1% of the fund

All holdings100.0%392 more holdings91.3% of the fund

#	Ticker	Company	Weight ▼
1	—	Blackrock Cash Sweep Blackrock LIQ FD Municash IN	2.82%
2	—	Univ OF California CA Rgts MED Unvhgr 05/45 Adjustable VAR	1.42%
3	—	Puerto Rico Sales TAX Fing COR Prcgen 07/40 Fixed 4.329	1.28%
4	—	California Cmnty Choice Fing A Ccedev 02/36 Fixed 5.25	1.10%
5	—	California ST Hlth Facs Fing A Casmed 08/33 Fixed 5	1.03%
6	—	SAN Mateo Cnty CA JT Pwrs Fing Smtgen 07/35 Fixed 5	1.02%
7	—	Sthrn California ST Public PWR Stnpwr 07/50 Fixed 5	0.89%
8	—	California ST Muni FIN Auth SP Casfin 07/29 Fixed 4	0.88%
9	—	US Treasury N/B 08/31 4.375	0.86%
10	—	Orange Cnty CA Cmnty Facs Dist Orafac 08/42 Fixed 5	0.75%

See all 408 holdings ↓

American Century CATF · current holdings by weight · as of Nov 9, 2026 · each tile is one holding · top 20 = 18.8%

All CATF Holdings

408 holdings · as of Nov 9, 2026

CATF

CATF’s Holdings

Today

#
1	—Blackrock Cash Sweep Blackrock LIQ FD Municash IN	2.82%	$281.86	4.8M	$4.8M
2	—Univ OF California CA Rgts MED Unvhgr 05/45 Adjustable VAR	1.42%	$141.58	2.4M	$2.4M
3	—Puerto Rico Sales TAX Fing COR Prcgen 07/40 Fixed 4.329	1.28%	$127.98	2.3M	$2.2M
4	—California Cmnty Choice Fing A Ccedev 02/36 Fixed 5.25	1.10%	$110.16	1.8M	$1.9M
5	—SAN Mateo Cnty CA JT Pwrs Fing Smtgen 07/35 Fixed 5	1.02%	$101.92	1.7M	$1.7M
6	—Sthrn California ST Public PWR Stnpwr 07/50 Fixed 5	0.89%	$88.69	1.5M	$1.5M
7	—California ST Muni FIN Auth SP Casfin 07/29 Fixed 4	0.88%	$88.35	1.5M	$1.5M
8	—US Treasury N/B 08/31 4.375	0.86%	$85.71	1.5M	$1.5M
9	—Orange Cnty CA Cmnty Facs Dist Orafac 08/42 Fixed 5	0.75%	$75.41	1.3M	$1.3M
10	—Indio CA Elec Fing Auth Elec R Ierutl 01/53 Fixed 5.25	0.71%	$70.73	1.2M	$1.2M
11	—California ST CAS 12/30 Fixed OID 3.5	0.71%	$70.52	1.2M	$1.2M
12	—California ST Hlth Facs Fing A Casmed 08/33 Fixed 5	0.70%	$69.70	1.0M	$1.2M
13	—LOS Angeles Cnty CA Santn Dist Losutl 10/47 Fixed 5	0.69%	$68.87	1.1M	$1.2M
14	—Cupertino CA Union SCH Dist Cupscd 08/39 Fixed 5	0.68%	$68.14	1.0M	$1.2M
15	—California ST Poll Control FIN Caspol 11/45 Fixed 5	0.68%	$67.89	1.1M	$1.2M

American Century CATF · every reported holding · per $10,000 = dollars of each holding in a $10,000 stake · as of Nov 9, 2026

How It Compares

CATF

American Century California Municipal Bond ETF’s Peers

Today


MUB	iSharesRead Desk	0.05%	+0.1%	+1.1%	$55.1B
VTEB	VanguardRead Desk	0.03%	+0.1%	+1.2%	$49.6B
SUB	iSharesRead Desk	0.07%	0.0%	+2.4%	$13.4B
JMUB	J.P. MorganRead Desk	0.18%	+0.2%	+1.4%	$9.2B
CGMU	Capital GroupRead Desk	0.27%	+0.1%	+2.0%	$7.7B
CATF	American CenturyThis fundRead Desk	0.25%	+0.2%	+1.7%	$167M

Municipal peers · Today’s and past-year returns · as of Nov 10, 2026 · sorted by AUM

Head to Head

Put CATF head to head with MUB →

MUB vs CATF

YTD

MUBiShares · MunicipalCATFAmerican Century · Municipal

Year to date

+0.7%

+1.4%

CATF wins+0.7 pts

Past year

+1.1%

+1.7%

CATF wins+0.6 pts

Fee

0.05%

0.25%

MUB winslower fee

Yield

3.3%

3.6%

CATF wins+0.3 pts

AUM

$55.1B

$167M

MUB329.6× more

3–1CATF wins

iShares MUB and American Century CATF · year-to-date · as of Nov 10, 2026 · AUM not scored

CATF vs VOO

YTD

CATF · American Century California Municipal Bond

+1.4%

VOO · S&P 500

+11.3%

Gap

9.9 pts

American Century CATF and Vanguard VOO · Today total return · as of Nov 10, 2026

CATF vs Its Peer Average

YTD

CATFAvsBPeer average

1D+0.2%+0.1%

1M+4.3%+3.9%

3M+0.1%−0.1%

YTD+1.4%+1.2%

1Y+1.7%+1.5%

3Y[…]+14.6%

5Y[…]+3.2%

5–0CATF wins

165 Municipal peers · each row scaled to its leader

How Bumpy Is CATF?

View

CATF

How Bumpy

0.3×the S&P 500’s swings

CalmerBumpierS&P 1×CATF

Bumpiest of 7 municipal fundsCATF

Other municipal funds0.1× to 0.3×

American Century CATF · daily swings over the past year vs the S&P 500

CATF

Worst Drop

−6.3%from its Feb 27 high

Still below the high−1.1%

$10,000 at the high is now$9,890

American Century CATF · fall from the highest close, past year

CATF

On a Bad Day

0.1×the S&P 500’s fall

CATF’s worst day: Friday, Mar 20

CATF

−0.8%

S&P 500

−1.4%

Up days51 of every 100

S&P 500 up days52 of every 100

American Century CATF · average move on days the S&P 500 fell

CATF

Return for the Bumps

1Y#1 of 7 municipal funds

#1CATFAmerican Century

closest to cash

#2CGMUCapital Group

#3JMUBJ.P. Morgan

#4VTEBVanguard

#5MUBiShares

#6CMFiShares

#7SUBiShares

Every fund here earned less than cash (3.8%) over the past year; the bars still rank them by return for the bumps.

Ranked by return above cash for each unit of bumpiness (Sharpe ratio) · cash = 3.8%

CATF

Cost

Today

$25a year per $10,000

VTEB

MUB

SUB

CMF

JMUB

$18

CATF

$25

CGMU

$27

Expense ratio 0.25%, taken from the fund’s value

CATF

Volatility & Beta

4.1%annual volatility

S&P 500 volatility13.7%

Downside volatility2.9%

Beta vs SPY0.07

Correlation vs SPY0.22

Beta rank, lowest first, of 7#4

Daily total returns × √252 · past 254 trading days

CATF

Max Drawdown

−6.3%peak to trough

Peak closeFeb 27, 2026

Current drawdown−1.1%

Worst day−0.84% · Mar 20

Closing prices, dividends in

CATF

Up / Down Capture

10%down capture vs SPY

Down days

10%

Up days

11%

S&P 500

100%

Up ÷ down capture1.06

Up days51.2% (S&P 52.4%)

Average daily move on SPY up days and down days

CATF

Sharpe & Sortino vs Peers

Fund	Sharpe	Sortino	Volatility	Max DD	Beta	Fee / $10k
CATF	−0.51	−0.73	4.1%	−6.3%	0.07	$25
CGMU	−0.58	−0.79	3.0%	−5.6%	0.06	$27
JMUB	−0.70	−0.96	3.4%	−5.9%	0.06	$18
VTEB	−0.71	−0.98	3.6%	−6.6%	0.07	$3
MUB	−0.72	−1.00	3.7%	−6.3%	0.08	$5
CMF	−0.79	−1.06	3.6%	−6.5%	0.08	$8
SUB	−0.98	−1.44	1.4%	−1.9%	0.02	$7

Sharpe = (return − 3.8% cash) ÷ volatility · Sortino uses downside volatility only

CATF

Trading

Today

+0.12%above its holdings’ value

Close$49.22

NAV$49.16

Fee per $10,000$25 a year

Avg. volume 30D31K shares

Premium / discount history starts once daily NAV is saved

Close vs net asset value, Nov 9

The Details

CATF

Fund Facts

Today

2024launched Jul 16

Tracks[…]

Exchange · CUSIPAMEX · 025072117

StructureETF

Leverage1x

Cost on $10,000$25 a year

Go deeper

Prospectus & documents Trading & liquidity Fees & costs Distributions

American Century CATF · fund facts · as of Nov 10, 2026

CATF

Payouts by Year

$0.15per share, Nov 2026

Distribution yield3.6%

PaidEvery month

Latest ex-date · paidNov 5 · Nov 9, 2026

12 payouts added up$1.75 a share

American Century CATF · distributions by ex-date · 2024–2026

All Fund FactsDocuments · trading · fees · every payout

Prospectus & Documents

Trading & Liquidity

Net asset value$49.16

Premium / discount[…]

Median spread · 30D[…]

Volume today13K

Average volume · 30D31K

Shares outstanding[…]

Options[…]

Fees & Costs

Net expense ratio0.25%

Gross expense ratio[…]

Management fee[…]

Cost on $10,000 a year$25.00

Our risk indicator2/5

Estimated yearly cost excludes trading costs and assumes constant assets.

Distributions

Ex-date	Paid	Per share
Nov 5, 2026	Nov 9, 2026	$0.15
Oct 6, 2026	Oct 8, 2026	$0.11
Sep 4, 2026	Sep 8, 2026	$0.13
Aug 6, 2026	Aug 10, 2026	$0.16
Jul 7, 2026	Jul 9, 2026	$0.15
Jun 4, 2026	Jun 8, 2026	$0.14
May 6, 2026	May 8, 2026	$0.13
Apr 7, 2026	Apr 9, 2026	$0.16
Mar 5, 2026	Mar 9, 2026	$0.15
Feb 5, 2026	Feb 9, 2026	$0.18
Dec 16, 2025	Dec 18, 2025	$0.15
Dec 1, 2025	Dec 3, 2025	$0.14

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