-----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, AX57E+EhGbqGMdiovK/c4wLAlWiDZ1IIT16/Ks6sJqHqhhjoZbIYPm6CZKXtvEbN hXn+v2VoMj+PpjKtyira7g== 0000717316-08-000020.txt : 20080721 0000717316-08-000020.hdr.sgml : 20080721 20080721143953 ACCESSION NUMBER: 0000717316-08-000020 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20080721 DATE AS OF CHANGE: 20080721 EFFECTIVENESS DATE: 20080721 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: 08961107 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 ADDITIONAL INFORMATION SUPPLEMENT 
American Century California Tax-Free and Municipal Funds

STATEMENT OF ADDITIONAL INFORMATION SUPPLEMENT

[american century investments logo and text logo ®]

CALIFORNIA HIGH-YIELD MUNICIPAL FUND * CALIFORNIA LONG-TERM TAX-FREE FUND
CALIFORNIA TAX-FREE BOND FUND * CALIFORNIA TAX-FREE MONEY MARKET FUND

Supplement  dated July 22,  2008 * Statement  of  Additional  Information  dated
January 1, 2008

THE FOLLOWING IS ADDED TO THE OTHER ACCOUNTS MANAGED ENTRY FOR California
Tax-Free Bond ON PAGE 45 OF THE SAI.

OTHER ACCOUNTS MANAGED (AUGUST 31, 2007)
- ---------------------------------------------------------------------------------------
                                                                         OTHER
                                                                         ACCOUNTS
                                     REGISTERED                          (E.G.,
                                     INVESTMENT        OTHER POOLED      SEPARATE
                                     COMPANIES         INVESTMENT        ACCOUNTS AND
                                     (E.G., OTHER      VEHICLES (E.G.,   CORPORATE
                                     AMERICAN          COMMINGLED        ACCOUNTS,
                                     CENTURY FUNDS     TRUSTS            INCLUDING
                                     AND AMERICAN      AND 529           INCUBATION
                                     CENTURY -         EDUCATION         STRATEGIES AND
                                     SUBADVISED        SAVINGS           CORPORATE
                                     FUNDS)            PLANS)            MONEY)
- ---------------------------------------------------------------------------------------
California Tax-Free Bond
- ---------------------------------------------------------------------------------------
Joseph Gotelli(1)  Number of Other   1                 0                 0
                   Accounts Managed
                   --------------------------------------------------------------------
                   Assets in Other   $602,666,245      N/A               N/A
                   Accounts Managed
- ---------------------------------------------------------------------------------------

(1)  MR. GOTELLI BECAME A PORTFOLIO MANAGER ON JULY 9, 2008. INFORMATION IS
     PROVIDED AS OF THAT DATE.

THE FOLLOWING IS ADDED TO THE Ownership of Securities ENTRY FOR California
Tax-Free Bond Fund ON PAGE 47 OF THE SAI.

OWNERSHIP OF SECURITIES
- --------------------------------------------------------------------------------
                                    AGGREGATE DOLLAR RANGE OF SECURITIES IN FUND
- --------------------------------------------------------------------------------
California Tax-Free Bond Fund
          Joseph Gotelli(1)         A
- --------------------------------------------------------------------------------

RANGES: A - NONE; B - $1-$10,000; C - $10,001-$50,000; D - $50,001-$100,000; E -
$100,001-$500,000; F - $500,001-$1,000,000; G - MORE THAN $1,000,000.

(1)  MR. GOTELLI BECAME A PORTFOLIO MANAGER ON JULY 9, 2008. INFORMATION IS
     PROVIDED AS OF THAT DATE.

American Century Investment Services, Inc., Distributor

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

CL-SPL-61534 0807
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