supp.htm

-----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, Ez+HMkRvOW5DQNVl7O6LLaecOtAuLypr55YKbW2SpNN+1XjzlKtJgYrj22cuHIbW JHBEGV4+LOi3e5g8nyg8uQ== 0000717316-10-000073.txt : 20100831 0000717316-10-000073.hdr.sgml : 20100831 20100831120031 ACCESSION NUMBER: 0000717316-10-000073 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20100831 DATE AS OF CHANGE: 20100831 EFFECTIVENESS DATE: 20100831 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: 101049054 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

C000087984 INSTITUTIONAL CLASS BCHIX

0000717316 S000005668 CALIFORNIA TAX-FREE BOND FUND

C000015525 INVESTOR CLASS BCITX

C000087985 INSTITUTIONAL CLASS BCTIX

C000087986 A CLASS BCIAX

C000087987 C CLASS BCIYX

0000717316 S000005670 CALIFORNIA LONG-TERM TAX-FREE FUND

C000015527 INVESTOR CLASS BCLTX

C000055489 A CLASS ALTAX

C000055490 B CLASS ALQBX

C000055491 C CLASS ALTCX

C000087988 INSTITUTIONAL CLASS BCLIX

0000717316 S000005671 CALIFORNIA TAX-FREE MONEY MARKET FUND

C000015528 INVESTOR CLASS BCTXX

497 1 supp.htm STATEMENT OF ADDITIONAL INFORMATION SUPPLEMENT supp.htm

American Century California Tax-Free and Municipal Funds Statement of Additional Information Supplement California High-Yield Municipal Fund California Tax-Free Bond Fund California Long-Term Tax-Free Fund California Tax-Free Money Market Fund
Supplement dated September 1, 2010 ¡ Statement of Additional Information dated March 1, 2010

Effective November 1, 2010, the California Tax-Free Bond Fund will be renamed California Intermediate-Term Tax-Free Bond.

CL-SPL-69459 1009

GRAPHIC 2 acitreelogo.jpg GRAPHIC begin 644 acitreelogo.jpg M_]C_X``02D9)1@`!`0$!+`$L``#_VP!#``,"`@,"`@,#`P,$`P,$!0@%!00$ M!0H'!P8(#`H,#`L*"PL-#A(0#0X1#@L+$!80$1,4%145#`\7&!84&!(4%13_ MVP!#`0,$!`4$!0D%!0D4#0L-%!04%!04%!04%!04%!04%!04%!04%!04%!04 M%!04%!04%!04%!04%!04%!04%!04%!3_P``1"`!U`+`#`2(``A$!`Q$!_\0` M'P```04!`0$!`0$```````````$"`P0%!@<("0H+_\0`M1```@$#`P($`P4% M!`0```%]`0(#``01!1(A,4$&$U%A!R)Q%#*!D:$((T*QP152T?`D,V)R@@D* M%A<8&1HE)B7J#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6VM[BYNL+#Q,7& MQ\C)RM+3U-76U]C9VN'BX^3EYN?HZ>KQ\O/T]?;W^/GZ_\0`'P$``P$!`0$! M`0$!`0````````$"`P0%!@<("0H+_\0`M1$``@$"!`0#!`<%!`0``0)W``$" M`Q$$!2$Q!A)!40=A<1,B,H$(%$*1H;'!"2,S4O`58G+1"A8D-.$E\1<8&1HF M)R@I*C4V-S@Y.D-$149'2$E*4U155E=865IC9&5F9VAI:G-T=79W>'EZ@H.$ MA8:'B(F*DI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4 MU=;7V-G:XN/DY>;GZ.GJ\O/T]?;W^/GZ_]H`#`,!``(1`Q$`/P#]4Z***`"B MBB@`HHHH`****`"O/K?XT^%KOXNWGPX6\DC\46MDE\T,D92.1&&=J,?O,%(8 M@=O]UL>&_&'Q_J?Q+\?>+_@3K\3^"YM8LTF\*ZW!<.J7SJ-_ERL/X796&T?W M67D[:^?OB'XJUCQ[\%8/'%UL7&[96!_[;'H MU8RJ6V/GL5FGLV_9*_+>_GR_$O)I:KNCZ`7]LV[E\"?%_P`7G3[1?#WA_4!I M7AN\0G-_<,"H#`D@@'RY3C'R/6!;?&OXG>`?`WPI\%1WL7B?XL>+IDU"1=4B M!2RL6.X+-LPWW0VY^HV2?W5KS7P_X#AU.[^`?P?N-J:;;6A\;^)0_",9-\JI M)Z%8U\KZ2TMK\3Y5TWXM?M#SN_\`:NIW9\+^#4D^]$&&/,13_$L04_59/[U9 M\SZL\?ZW7=G4FUIKY?:G\TN6*\S[PT#XD>%_$ZZR=,U^PO?[%F>WU)H9EQ:. MF[<),GY1\KFG\V[7_;JM=]&? M2%%%%:GN!1110`4444`%%%%`!1110`4444`%%%%`!7FOQPO[H>")]+TGQOIO M@/Q!J,B1:;J>HR(`9%<.44,1DLHQWX;I7I5?('[5_P`0_!D_B23P[\3?A5XF MU;PMIH1[3Q7IHD$4G^&-'/Q!\+VU]?>'KU+W2?'WAT_+'C!;S`HPH8B,C*Q\Q+]ZN1^-< MMM\8O&_@/Q'X>O(X(_B0EGI^OZ;:/\L.HQRQQNKJ.1GY^'_BEL3B+HRJDFWCUV^7_`+S5R4?A/PS\4/&,.L_# MO3E^%OQMT*Z6\E\$ZN@2UO9XCO\`]'\P`*W&=A"_1?OUR-?B?#5J4JJ>K?-; M1M.]OY9+23M=6=I6[FOXJ\6+9ZI^U)\08F6*6!8O!6F&/IM=A;R;#VPD*OQ] M:TM,\)6J?$+X'_#6Z_=:%X%\/GQ?XA1ONK-/B-J6M?';XZZ#X?TB M[UOQCXKG_P"$3T^.V7`@M8R8KDL>PVP(/3&YB?EY.9;O^NK!5HNTWU:NN[;E M-K[U%$-W\4Y="^%GQ'^*]U*L?C;XEZA-I.CQ,P\ZTTU21-(O.=HV^2#ZQ+7; M_!U?C+=?"/2M%\&6>G?!_P`!6\1EO?%>NR*EU>2/_K9QO&0&_@^48&T>9\M< M?X*\*Z!\&_$-GX?\-Z''\9/C8,)LVF;1]"8*O!.GMIOBFT\9/I\:6%YK-H04N;F.-=[<$ MC)R&ZG[U=U7RS^S'XUUB[UB#1O#OP.NOAW\/9%DE?4[R79-+*%&QV1PKMNV[ M<_/V^;%?4U=<7='W6#K>WHJ7Z-?=?4****H[0HHHH`****`"BBB@`HHHH`** M**`"OE[QYX,_:&\/^,-0U+PG\1-`UC3;Z[FGM/#&M6R18AW96%&*EFPI`/SI M7U#7RK^W`_PT^P>$4^(^G>)9H2;K['J?AS&;!OW6YI-QV_-\FW(/W6Q43VN> M7F*2H.;;7+_>_`?Q\S;K/Q=X;0_8))<_Z MQD0X(SU9&8^KK2^._M&HRZ1X<^,]U;0:A,BR^$OC#H;!XYMO,8N)$QYB9V\\ M.G7^+?5[3=1\21^$KY_!_BFR_:&^&2IOU'PEKL;_`-JV40_C5'_>KMZ+(G&> M0G>N7TO4/#WAOP/>7VD?;?&GP'U2=(M=\-W;#^T_"UTQPDR'L<_?+I)?WHVE%ZLO:SI_B#XDZ[#H^N1QZ/^T+X.\N^T;5(] MK1^)[>'$D?S8V/,H7=&W\0X/\6WG?@M?ZIXITJ?PGX!^V:?XWUTSW?C?QMJB MA/[.M`[[XD?K&I^\[Y#,_'^[K/X6I_P!7)&R9VU@>.[Z/Q;IFD_$.QU6Z\+>'?&MW'H?CV*PC++:7 MR2(\TIC'59$_?!>N?,'\6VE>VISR;4O:=5OJKO9/7HUHG);Q?,CO_#%TEWHF MK>#O@Q>Q^"OAWI1QXG^*&J-Y=Q>GN(WX(!_@C3!^[]S=\T_PJU&&QNI=*_9S M^''_``DFIPMY5Y\1?%<7RJQ'S-'NPL?J!G/JC5R]]?>'O%GA:V\0>([>?PO\ M!_#\SVOAOPI:2;+WQ%=+U=CGDGK)*?N?<7G)?VA8]=U#1;J&YU#PWX9D4VP&[<(Y@C(`K;6' MS15];5\N?L50>!I+/Q#=>"?AWKO@ZPVVZ)JVO-(SZJI\PY4L2OR;>0AP-]?4 M==$-KGV.6QBJ"FOM:[M_C+7\+!1116AZH4444`%%%%`!1110`4444`%%%%`! M7#_%FW\87?@+4(O`C: M>+C>U^VY^:VJ:?%X@\?Q6%_H*_`;XZVYWZ9>Z:?)T?69.R<$JA<\!@75NA+' MY:H7>NW20ZI\5[7PQ_9NKZ3='0?B5X2\LI:7T4IV/,%Z#>1AQ_#)M?W;[]^* M/P=\*?&72;73?%>F+J5O:W"W$+*S1R1L#SM=2&`(X.#78QV4$=N(!'F(#;AO MFSCUSU_&L/9>9\U_9$W*2Y].CMK?NUHKKJUI):-=3\NO$7AN7P[;:AX5T:\N M)'T2%/'WP]U-_P#7_8FQ-<0?4(OFXQ_K+:3^_726^FV_C_Q7J6F:?;JOA[XR M^''U:T@C&(K+7K?>S`'G`%Q'*I]IU%=__P`%,K*30T\`^*M-N9=/U>&6[T_[ M7;2&.7RW13C<.>/G_P"_C5V7_!-"^GN_V?M3BFEWI:>(;B&$'^!3!;N0/^!. MQ_&HY;SY#QX89/'O!-Z+6_E;;[I./I;L?-7AF/Q-X0\+Z/\`$#QQH5W>:[I2 MP>&/`?ABZL9(4%TB#_27AP,A"<^LDC?[-=)I=C<>%?'SV-OH/_"Y?V@[[_2- M0N-2Q/IN@OQ\AY"-)'E0S$JD9V@'Y=M?I.T:R#!7<.#SZCD5QG@'X1^$_AE= MZS<^&]&@TNXUBY-W>R199I9#[L20N2Q"C@;FJ_9>9ZZR:4'%1J77=K7U6Z;> MR;^%;*^IJ^!$U^/P=HR^*'MI/$0M(_[0>S_U1GVC?MX'&:Z*BBN@^GC'EBE> M]@HHHH*"BBB@`HHHH`**BDD2&-G=E5%&26X``JAX=\2:7XOT.RUG1;Z#4]*O M8A-;WEJV^.5#T*D4`:E%%%`!1110`445F:5KNF:V;H:9J%I?FUG:VN!:S+)Y M,R_>C?:3M8=P>:`-.O(OB9^U-\,_A%J\VD>)?$8M-7A17:QAM9IY,,-R_<4@ M9'J:]=KE]9^&_A/Q'?/>ZKX8T?4[UL*US>6$4LC`#`RS*3P*EWZ'/759P_I^9/[:'[4VE?M"7VA6'AZPOK+0](:67S[W"27,K[!G8I.`H7C)S\W\-6_ MV/?VO]/_`&?-(U7P]K^D7NHZ+?7?VU)]/93-#*4",-CD*P(1/XA^-?IE;>!O M#EK,LL/A_2X91T>.RB##MU`IUSX'\.W']>=MN2L_A[X.\-7G]L6?AO1-*N[97?[=!8Q0O$""&.\*"/E M)SS65;_M!?"Z\U(:?!\2/"$U^7V"UCUVU:7=Z;1)G-:J_4^EH*LHVK--^2L> MA44451T!1110`4444`%%%%`'BO[57C.VT+X

')=6MM$N?&-]'X?6_N9EA2 MVMY'+F:!;5GPDVZ&,QLXSN,8.[]Q'D?-04=_X<_:;^(GC3Q_\1O`^B?"JPF\ M1>#IK>.:9_$NVQ<2K(RL9&ME?+!%VH(S_%N9,#=@>%OVUO&_Q`^$>M^,/"WP M?EO+CPV]S#KT5YKD,$%M+`H>2.$[2\S",JQ&Q`-V`SFE_9OU>]L/VDOVB/$N MH^%_%>EZ+KK:=>Z9=WOAJ_A6[BM(94EV!H`Q?YUVQ8WO_`&KD_V5#J_@;]G? MXWVNM>$/%UCJ5]K^J:A9:=-X:OEN+N*YMXHX?*3RJWG[ M:V@6_P`)OASXK@TJ2;6_'LGV?2-!GO4@`E5MD[37##:D4;?>DV_Q+\O/$N@? MM1ZKJ?BWQ5X)FT#0KOQMI6C?V]IT6D^(#/INJ6P?:X%R+?=#(IXV-&<_3YJ^ M4]'^$OBBP^%'[/GC6X^'6M^(Q\/Y+W3_`!-X.U+19DNF@FF=Q+#;S(!/A7S\ MN1G;_=;;]1Z+XP\'MI^JZSX0^"^J:1I]OI,QEU=?";V5XTK@(EM;VZ0FXG+$ M_.RKY:@9+T`4/@S^UGX]^-6B>$=>TCX-SQ^'==EN[234Y-:!CM)XS)L8X@+& M`[`K2[1A]P"-M7?@?!;]H;P-\.O@M\4O'MSX&7P-]A\9WFGZAI.FW\FI2ZEJ M>V#)C9U3F1WP%`"@+GUKJ?V!3>^$/V5?#^@Z_H6OZ%K/A\7AO['4M%N[>8![ MNXF7RE>,&?*.O^JW\\=:^8[?X/>.?B7\`?B9IFC>%?$.C^*+#XFS^/-)LMXL1J%J4$:*C31JK/R[>7G/RK_>H`^V_#?Q`^*4OC+2+/Q'\,K33?#>I6TD\ MFJ:;KHO9M+=8RRQ7,)A0NSGY?W1<`]VZUYSXL_:_U_P5X1\/>.M9^',ND^`] M8UF/2D6_OVAUJ.-RX2X>T\G8JG83L\W=BNM\,_M&:K\1?#RQ>'/AQXNL/%+V MLOG6^O:3)96FFW2Q,0LL\NQ91YFU<0[V^;)5:^*?B-I/CKXO?`32I-2\#_%# MQ'\4-.UN&]U^[U2RN%M8$25P8K.U!$9X:/B"+.-Q.?VFO%7A;]HNW M^$FF?#RVUS4-0TG^V-.OTUWR4>+,B?Z0K6_[G#0OG:9.-N`Q;"ZGP#_:$UKX MH>/_`!_X'\5^$HO"OBGP>]N+A+6_^V6\\&/%G_``BR>$5T=]6E\,:C%!'=2RSR*CL\`V#;*FYFP$/#%=K5I_`F M\U&7]M7XV:W-X7\4:?H?B2WTU-,U74M!O+6VG:TMDBF'F21JJ_,&V[L;NU`6 M,#]K/4;OXM_M6?"3X"W5Y/9^$=4@?7M:A@D*?VA'&+AU@<@YV_Z(XQ_TTS_" M,?0OCW]G7X?^-OAAJ/@B?PWI>EZ)/:/;PFQLH8VLCCY98OEPK(0I!]N:\F_: ML^"OBZZ^*'@#XU_#C3X]9\6>#V:WO-&:01R:A8,6W1QLW&X+-.,?]-..5PW: MC]HS0/&V@3:-<^%?B#I.KZE";272YO"-^)[;S%VES((O)VKN^]YE`'"ZE^W& M=1\,^(_&/A'P_I&M>"]`N)(I9K_Q"EGJ.I11?ZZ:SM?+8,H'*[W0R=A6AXA_ M;#U"W^*7P[\,>&?`T?B?3O'ND_VMHNH0ZP(96C^SO+B:)X<1;2OS$2/A=QP6 M^2O&OV:-`TOX(>%+_P"&_P`3?@=J&O>*](OIQ8ZMI_A,:G!K$+N74I=%"@QG M^-D`&W.T[E'4^-(=6@_;&^!&MK\/M?T?1?#NDW=IJD6CZ'=7=CI;W%M*L4(G M@@\IPIE0,8LHGS9/RT#/5/AE^T=XP\5_%#QQ\-O$7@*TT7QGX?TU-4M4M=8, MUE?1OM"CS3"&3EU^;8?XN/E^;RK]F']HCXKS_LFZW\2?$FDZ?XS33HK[51?7 MFM&TGN88"YEC\I+1U38L;;.H>&H]'M] M;NM!O8;.2[ADC=E$K1!`I"OB0D(=O!.Y<\3^S/HGB>+]COQQ\%[WP9XATOQC M;Z5KUENOM/DALI)9ED\H)$+ M35=/N;2VN[[2I-8:"2V$\J1*L;BW<2E9)`K9"=S[4_XS_M0>)?A'XC^&VEP? M#^'Q+_PFS+;6IL]9,4\5UB,O&8W@V;/WBXD\S^]D#'S?,VOZWXF\5_\`!/&3 MX5:?\,O'4WC&PM[6RO+7^P)PD/DZA%)O#,H\S<%^[$'<:VUOX4U+_0$=(X6WJ8-V0R.=@!.U<]&0L`;_`,1? MVS/B5\)/"D/B#Q=\$H-)T]M;;0I)IO$Y41R7B^(9(TTR.$QK,SK]C)9-TJK&W!D/4)6 MU^T+\*H/CG\$_%?@^1?WNJ6)^R/*-OEW*?O(&.>F)%3/M7E_["NF^(]?^&%A M\0O&8+>(-9TVSTVSW')33K1"D1^LLAGG)[^:M`CZ=HHHH$%%%%`'SM\#_P!H M;QE\4_C#X^\%:GX5T72K?P5/';ZE?6>JRSF5Y1(8?)1H$R#Y;;MQ&*^B:^.O MV6K"'5/VG_VLK.Y1FM[C4M,AE"N59E*7@/(((X]*\N^!OP8L/BG^S'\5;S6] M7\1:G?:/JVM0Z*DFM7"16,D$0:)U56`9MV,F3?QQZT%'Z+45^9.K7>O:3^S5 M\"/CE>ZUKVHV=A=PVGC"U75+E4OK'[088Y9%5\%D"+'GJ_FKG=7I/QW\;3:! MI_Q=^.?AJ\OIK305M/#_`(?BCO9GT^;4#*B76HM#N\MC&TZPKE=FZ!LAMU`K M'W;17Q+X7^$'Q8;1/AKXD\+0+8^);::TO]8U_4O&-U>G6[62-3*]1^%?Q?\`'&F_'>Q\26VC>(=8>;PQ\2=+O;@PZ7!OS;PK M'&X1`@5KQ2V^ISH&E^VQHI#(X.S:?N M`[/:J6A_"G2O'G[/HUIK5U;P3RS+&SEC'('QN^;:& M`S0%C[@HKX&_9I^!MO\`$27XU?#WQ)XE\3W?A3POXGN],T?38=@IK5UI,\VM7`2RDM4=T*1JP4EF3YBP)]-M`6/O_`,;_`!0\-?#J[\/VGB'5 M8]-N=?U"/2M,C>-W-S=2,%2-=H.,EEY/`[FNNK\X/%=O_P`+/^'_`.QGJ?B: MZO=4U'4M7M;2ZN&O9T>55(P^5<8D^5^^'.HZYXD\"B[NW5KK?,+.X;4X)A;ZBK[V,4-HUY#&6WKGRS\Q:(U M])_LIP>((?A@5UN#4[.W:Z!TRWUB+RKI(!;P"3*9.Q#="Z,:]!$T8'&*`-;X MO^#_`!]X^O\`2]"T+6M+T#P1>)+%XBN@DIU:2(\>5:$?NTWKN5I#\R=5KT?2 M],M-%TVVTZPMX[6RM8E@@@C7"1QJ-JJ!Z`"KM%`@HHHH`****`/`_AC^S=J? MPP^(_CSQ?:^.KB^U+QDPDU"*?3(A"DR+)Y$D84@@)YC#:2=PZFL_X??LL7GP MT^&'C?P38>/+RZLO%5Q/=37=SI\1FMY+I1'.4P<8(&0,8!)(HHH*-KP7^S5I MGA[]G.Z^#.IZO/KV@36USI\=Y-`D4\49`^_SBBB@1Q_P^_9H\3^$=`TSP MM>_%_P`0ZGX*TPJEMI<%K#9W)AB8;()+Q/WIC&`,(4./ESCBD\4?LKWWC+PO MJG@?5_'UY>?#O4M3>_GTA].A^UA6N/M1MUNL_+$).F(]X'`;%%%`%OQM^S(V MK?&+1_B'X4\97W@;4[31E\/7,5A907"SV8DW*J><&6-@2.=K#Y%XX.;7AK]G MB[\.?M!^)?BHOBZ6ZU/7;3^SI["33XQ#'"JKY00AMV5,:9))W<],T44`-^$/ M[.6H_"+4OB#J5AXWN+^_\8WTFIW$EWIT9%O=LS$R(`W*_,1L/``&.E<#I7[` M'A^R^#%I\/Y/%>INVD:J-^ M$/C6UN8+_P`1?%?5?$6K6<4D>GLFGPV5G%(Z,IFFMXL"X<*2`';8.H7=\U+:"*:>6*98D\H12*;F51C*E=H*DC M)**!F_\``_X.Z)\"?`%KX9T-Y[B(SO>7-W<[1+=7$K9>5@H"@]``H```&.*] +&HHH("BBB@9__]D_ ` end -----END PRIVACY-ENHANCED MESSAGE-----