Document



American Century California Tax-Free and Municipal Funds SAI dated January 1, 2024
Supplement dated January 13, 2024

The following entry replaces the entry for John M. Loder in the Management table in the Statements of Additional Information:

Name (Year of Birth)

Position(s) Held with Funds

Length of Time Served

Principal Occupation(s) During Past 5 Years

Number of American Century Portfolios Overseen by Trustee

Other Directorships Held During Past 5 Years

Independent Trustees

John M. Loder
(1958)

Trustee

Since 2024

Retired; Lawyer, Ropes & Gray LLP (1984 to 2023)

None