American Century Diversified Municipal Bond ETFAmerican Century Diversified Municipal Bond ETFAmerican Century Diversified Municipal Bond ETF

American Century Diversified Municipal Bond ETF

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Key stats

Assets under management (AUM)
‪436.21 M‬USD
Fund flows (1Y)
‪152.07 M‬USD
Dividend yield (indicated)
3.17%
Discount/Premium to NAV
0.3%

About American Century Diversified Municipal Bond ETF

Issuer
American Century Cos., Inc.
Brand
American Century
Expense ratio
0.29%
Inception date
Sep 10, 2018
Index tracked
No Underlying Index
Management style
Active
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

Asset Class
Fixed income
Category
Government, local authority/municipal
Focus
Broad credit
Niche
Broad maturities
Strategy
Active
Weighting scheme
Proprietary
Selection criteria
Proprietary

Returns

1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund

As of May 1, 2024
Exposure type
Bonds, Cash & Other
Municipal
Bonds, Cash & Other100.00%
Municipal97.52%
Cash2.48%
Top 10 holdings

Dividends

Dividend payout history

Assets under management (AUM)

Fund Flows