American Century Intermediate-Term Tax-Free Bond Fund (TWTIX)
The fund primarily invests in investment-grade debt securities and, under normal market conditions, will invest at least 80% of its net assets in debt securities with interest payments exempt from federal income tax. The fund's weighted average maturity will be not less than three years nor more than ten years. However, there is no maturity limit on individual securities. The portfolio managers also may buy investment-grade debt securities with interest payments exempt from regular federal income tax, but not exempt from the federal alternative minimum tax.
Fund Info
US0249345077
024934507
Mar 1, 1987
$2,500
Expense Ratio
TWTIX has an expense ratio of 0.46%, placing it in the medium range.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
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Returns By Period
American Century Intermediate-Term Tax-Free Bond Fund (TWTIX) returned -0.68% year-to-date (YTD) and 2.43% over the past 12 months. Over the past 10 years, TWTIX returned 1.92% annually, underperforming the S&P 500 benchmark at 10.85%.
TWTIX
-0.68%
0.38%
-1.15%
2.43%
1.74%
1.00%
1.92%
^GSPC (Benchmark)
0.51%
6.15%
-2.00%
12.92%
12.68%
14.19%
10.85%
Monthly Returns
The table below presents the monthly returns of TWTIX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 0.37% | 1.03% | -1.50% | -0.38% | -0.19% | -0.68% | |||||||
| 2024 | 0.15% | 0.08% | 0.07% | -0.93% | -0.21% | 1.29% | 0.83% | 0.75% | 0.80% | -1.29% | 1.31% | -0.93% | 1.90% |
| 2023 | 2.39% | -1.86% | 1.77% | -0.28% | -0.55% | 0.74% | 0.14% | -0.96% | -2.65% | -0.63% | 5.19% | 1.97% | 5.15% |
| 2022 | -2.37% | -0.50% | -2.62% | -2.22% | 0.93% | -1.34% | 2.16% | -1.87% | -3.19% | -0.74% | 3.85% | -0.02% | -7.88% |
| 2021 | 0.59% | -1.26% | 0.71% | 0.87% | 0.25% | 0.52% | 0.50% | -0.07% | -0.74% | -0.34% | 0.86% | 0.10% | 2.00% |
| 2020 | 1.67% | 1.30% | -4.27% | -1.82% | 2.99% | 1.42% | 1.76% | -0.25% | -0.06% | -0.14% | 1.39% | 0.89% | 4.78% |
| 2019 | 0.75% | 0.50% | 1.29% | 0.31% | 1.28% | 0.46% | 0.73% | 1.34% | -0.66% | 0.03% | 0.21% | 0.28% | 6.71% |
| 2018 | -0.84% | -0.30% | 0.13% | -0.31% | 0.95% | 0.13% | 0.31% | 0.15% | -0.60% | -0.50% | 0.88% | 0.94% | 0.93% |
| 2017 | 0.49% | 0.59% | 0.30% | 0.67% | 1.28% | -0.22% | 0.57% | 0.92% | -0.30% | 0.12% | -0.57% | 0.85% | 4.80% |
| 2016 | 1.09% | 0.04% | 0.30% | 0.56% | 0.12% | 1.42% | -0.06% | 0.20% | -0.39% | -0.83% | -3.54% | 0.85% | -0.35% |
| 2015 | 1.45% | -0.81% | 0.13% | -0.38% | -0.39% | -0.14% | 0.66% | 0.12% | 0.57% | 0.39% | 0.22% | 0.65% | 2.47% |
| 2014 | 1.29% | 1.21% | -0.22% | 0.84% | 0.92% | -0.30% | 0.12% | 1.09% | 0.04% | 0.22% | 0.05% | 0.41% | 5.82% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of TWTIX is 37, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for American Century Intermediate-Term Tax-Free Bond Fund (TWTIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
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Dividends
Dividend History
American Century Intermediate-Term Tax-Free Bond Fund provided a 3.31% dividend yield over the last twelve months, with an annual payout of $0.35 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.35 | $0.34 | $0.33 | $0.28 | $0.25 | $0.28 | $0.29 | $0.30 | $0.30 | $0.29 | $0.30 | $0.30 |
Dividend yield | 3.31% | 3.20% | 2.99% | 2.60% | 2.15% | 2.32% | 2.51% | 2.70% | 2.63% | 2.57% | 2.60% | 2.63% |
Monthly Dividends
The table displays the monthly dividend distributions for American Century Intermediate-Term Tax-Free Bond Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.03 | $0.03 | $0.03 | $0.03 | $0.00 | $0.12 | |||||||
| 2024 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.34 |
| 2023 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.33 |
| 2022 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.03 | $0.03 | $0.28 |
| 2021 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.25 |
| 2020 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.28 |
| 2019 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.29 |
| 2018 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.03 | $0.02 | $0.03 | $0.03 | $0.02 | $0.30 |
| 2017 | $0.02 | $0.03 | $0.02 | $0.03 | $0.02 | $0.03 | $0.03 | $0.02 | $0.03 | $0.02 | $0.03 | $0.03 | $0.30 |
| 2016 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.29 |
| 2015 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.03 | $0.02 | $0.30 |
| 2014 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.30 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the American Century Intermediate-Term Tax-Free Bond Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the American Century Intermediate-Term Tax-Free Bond Fund was 11.98%, occurring on Oct 25, 2022. The portfolio has not yet recovered.
The current American Century Intermediate-Term Tax-Free Bond Fund drawdown is 2.33%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -11.98% | Aug 6, 2021 | 309 | Oct 25, 2022 | — | — | — |
| -11.4% | Mar 10, 2020 | 9 | Mar 20, 2020 | 98 | Aug 10, 2020 | 107 |
| -8.16% | Sep 10, 2008 | 27 | Oct 16, 2008 | 60 | Jan 13, 2009 | 87 |
| -7.65% | Jul 27, 1987 | 61 | Oct 19, 1987 | 56 | Jan 5, 1988 | 117 |
| -7.16% | Feb 1, 1994 | 211 | Nov 22, 1994 | 119 | May 8, 1995 | 330 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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