Key stats
About American Century Diversified Municipal Bond ETF
Expense ratio
0.29%
Home page
Inception date
Sep 10, 2018
ISIN
US0250725050
TAXF provides actively managed exposure to municipal debt. The fund principally holds investment-grade bonds, but may include high-yield issues. TAXFs active manager employs a research-driven process that aims to identify municipal bonds with lower default risk, while adjusting exposure for prevailing market conditions. The fund is reasonably priced in context, though investors who do not need high-yield exposure can find index-tracking competitors for a fraction of the cost.
Classification
What's in the fund
Exposure type
Municipal
Bonds, Cash & Other100.00%
Municipal99.87%
Cash0.13%