TWTCX

About TWTCX

American Century Intermediate-Term Tax-Free Bond Fund - C Class is an open-end municipal bond fund focused on generating high current income that is exempt from federal income tax while seeking to preserve capital. The strategy primarily invests in investment-grade municipal securities across states and sectors, maintaining an intermediate interest-rate profile with a typical weighted average maturity between three and ten years. The portfolio is broadly diversified across revenue and general obligation issuers, reflecting exposure to areas such as transportation, utilities, and essential services that underpin local and state finance. Managed by American Century Investments, the fund emphasizes credit research and duration management within the Muni National Intermediate category, distributing income monthly. Under normal conditions, the fund invests the vast majority of assets in bonds with federally tax-exempt interest, though it may allocate a limited portion to securities subject to federal income tax or the alternative minimum tax as permitted by its mandate. The C share class offers access to the strategy with a distribution and service fee structure specific to this class, aligning the product to investors prioritizing tax-efficient income in the intermediate muni segment.