TAXFAmerican Century Diversified Municipal Bond ETF
Seeks current income that is exempt from federal income tax.
By American Century Investments · Launched 2018
Annual Cost
0.27%
#1,231 of 5,861 · low cost
Fund Size
$681M
#1,378 of 5,861 · large
Dividend YieldGoal
3.75%
Track Record
7 years
#1,769 of 5,861 · established
Performance
Total-return NAV · USDGrowth of $10,000
$10,555+5.6%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundWhat it actually holds
By weightConcentration
Top 10 holdings = 6.3% of fund✓ well diversified
Public Finance Authority
1.1%
RIVERSPRING HLTH SENIOR
1.0%
Southeast Alabama Gas Supply District/The
0.7%
ILLINOIS STATE TOLL AUTHO RITY
0.6%
Orlando Utilities Commission
0.5%
Energy Southeast A Cooperative District
0.5%
Black Belt Energy Gas District
0.5%
Southeast Energy Authority A Cooperative District
0.5%
CAMBRIDGE ARMS PRESERVATI
0.4%
Black Belt Energy Gas District
0.4%
Asset allocation
Bonds
98.7%
Cash
1.3%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
3.1%Low
Year-on-year price swings
Max drawdown
-13.9%Mild
Worst peak-to-trough loss
Sharpe (3Y)
-0.07Below average
Sortino (3Y)
-0.10Moderate downside risk
Bond profile
Duration
4.8 years
Avg maturity
10.4 years
Credit ratings
AAA
8.7%
AA
46.8%
A
16.6%
BBB
10.8%
BB
3.3%
B
0.3%
Other
13.5%
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- Seeks current income that is exempt from federal income tax.
- Strategy
- Actively manages a portfolio primarily invested in municipal and other debt securities, including investment-grade and high-yield bonds, to generate current income exempt from federal income tax. The fund does not seek to replicate a specified index and employs strategies for potential capital appreciation based on interest rate forecasts and credit quality assessments.
- Inception date
- September 10, 2018
- Fund family
- American Century Investments
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Data updated on 2026-08-04