-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, N0NChb6ZMx0X5L9aCgbam6cPVT5IWYRLNMzMiaZp0Okv5N71Kn0gcbOUuX/o9WfD e5tk6Zyh/Ox241LHAK+agg== 0000717316-08-000008.txt : 20080313 0000717316-08-000008.hdr.sgml : 20080313 20080313160441 ACCESSION NUMBER: 0000717316-08-000008 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20080313 DATE AS OF CHANGE: 20080313 EFFECTIVENESS DATE: 20080313 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AMERICAN CENTURY CALIFORNIA TAX FREE & MUNICIPAL FUNDS CENTRAL INDEX KEY: 0000717316 IRS NUMBER: 946562826 STATE OF INCORPORATION: MA FISCAL YEAR END: 0831 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-82734 FILM NUMBER: 08686263 BUSINESS ADDRESS: STREET 1: 1665 CHARLESTON RD CITY: MOUNTAIN VIEW STATE: CA ZIP: 94043 BUSINESS PHONE: 8003218321 MAIL ADDRESS: STREET 1: 1665 CHARLESTON RD CITY: MOUNTAIN VIEW STATE: CA ZIP: 94043 FORMER COMPANY: FORMER CONFORMED NAME: BENHAM CALIFORNIA TAX FREE TRUST / DATE OF NAME CHANGE: 19960815 FORMER COMPANY: FORMER CONFORMED NAME: BENHAM CALIFORNIA TAX FREE & MUNICIPAL FUNDS DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: BENHAM CALIFORNIA TAX FREE TRUST DATE OF NAME CHANGE: 19910218 0000717316 S000005667 CALIFORNIA HIGH-YIELD MUNICIPAL FUND C000015521 INVESTOR CLASS BCHYX C000015522 A CLASS CAYAX C000015523 B CLASS CAYBX C000015524 C CLASS CAYCX 0000717316 S000005668 CALIFORNIA TAX-FREE BOND FUND C000015525 INVESTOR CLASS BCITX 0000717316 S000005670 CALIFORNIA LONG-TERM TAX-FREE FUND C000015527 INVESTOR CLASS BCLTX C000055489 A CLASS ALTAX C000055490 B CLASS ALQBX C000055491 C CLASS ALTCX 0000717316 S000005671 CALIFORNIA TAX-FREE MONEY MARKET FUND C000015528 INVESTOR CLASS BCTXX 497 1 supp.htm STATEMENT OF ADDITIONAL INFORMATION SUPPLEMENT STATEMENT OF ADDTIONAL INFORMATION SUPPLEMENT 
STATEMENT OF ADDITIONAL INFORMATION (SAI) SUPPLEMENT

[american century investments logo and text logo ®]

AMERICAN CENTURY CALIFORNIA TAX-FREE AND MUNICIPAL FUNDS (ACCTFMF)
* SAI DATED JANUARY 1, 2008
AMERICAN CENTURY INTERNATIONAL BOND FUNDS (ACIBF) * SAI DATED SEPTEMBER 28, 2007
AMERICAN CENTURY MUNICIPAL TRUST (ACMT) * SAI DATED OCTOBER 1, 2007
AMERICAN CENTURY QUANTITATIVE EQUITY FUNDS, INC. (ACQEF) * SAI DATED SEPTEMBER 28, 2007
AMERICAN CENTURY TARGET MATURITIES TRUST (ACTMT) * SAI DATED FEBRUARY 1, 2008
AMERICAN CENTURY VARIABLE PORTFOLIOS II, INC. (ACVP II) * SAI DATED MAY 1, 2007

Supplement dated March 14, 2008

FOR ALL SAIS, EXCEPT ACCTFMF AND ACTMT:

Kathryn A. Hall resigned as director/trustee effective December 6, 2007. All
references to her in the SAI should be deleted, with the exception of the
COMPENSATION OF DIRECTORS/TRUSTEES section.

THE FOLLOWING FOOTNOTE SHOULD BE ADDED TO KATHRYN A. HALL'S ENTRY IN THE
AGGREGATE DIRECTOR/TRUSTEE COMPENSATION TABLE IN THE COMPENSATION OF
DIRECTORS/TRUSTEES SECTION OF THE SAI:

    MS. HALL RESIGNED FROM THE BOARD ON DECEMBER 6, 2007.

FOR ALL SAIS:

THE FOLLOWING ENTRY IS ADDED TO THE INDEPENDENT DIRECTORS/TRUSTEES TABLE IN THE
MANAGEMENT SECTION OF THE SAI:

FREDERICK L.A. GRAUER, 1665 Charleston Road, Mountain View, CA 94043

YEAR OF BIRTH: 1946

POSITION(S) HELD WITH FUNDS: Trustee (since 2008)

PRINCIPAL OCCUPATION(S) DURING PAST 5 YEARS: Senior Advisor, BARCLAYS GLOBAL
INVESTORS (2003 to present)

NUMBER OF PORTFOLIOS IN FUND COMPLEX OVERSEEN BY TRUSTEE: 39

OTHER DIRECTORSHIPS HELD BY TRUSTEE: None

American Century Investment Services, Inc., Distributor

©2008 American Century Proprietary Holdings, Inc. All rights reserved.

CL-SPL-59671 0803
-----END PRIVACY-ENHANCED MESSAGE-----