American Century Intermediate-Term Tax-Free Bond Fund - I Class (AXBIX)

The American Century Intermediate-Term Tax-Free Bond Fund - I Class (AXBIX) is a mutual fund that primarily invests in a diversified portfolio of intermediate-term municipal bonds. These bonds are issued by state and local governments and are exempt from federal income tax, making them a tax-efficient investment option. The fund aims to provide investors with a steady stream of tax-free income while also preserving capital. As an "I Class" fund, it may have a higher minimum investment requirement and lower fees compared to other share classes of the same fund. Overall, this fund is suitable for investors seeking a tax-free income stream with a moderate level of risk.