TAXFAmerican Century Diversified Municipal Bond ETF
Seeks current income exempt from federal income tax.
By American Century Investments · Launched 2018
Annual Cost
0.27%
#1,319 of 5,562 · low cost
Fund Size
$659M
#1,370 of 5,562 · large
Dividend YieldGoal
3.77%
Track Record
7 years
#1,802 of 5,562 · established
Performance
Total-return NAV · USDGrowth of $10,000
$10,721+7.2%
Total-return NAV, USD. Net of fund fees, before tax.
Classification
How Beacon categorizes this fundWhat it actually holds
By weightConcentration
Top 10 holdings = 6.8% of fund✓ well diversified
BlackRock Liquidity Funds MuniCash
1.7%
Public Finance Authority
1.1%
Southeast Alabama Gas Supply District/The
0.7%
Orlando Utilities Commission
0.6%
Buckeye Tobacco Settlement Financing Authority
0.5%
Southeast Energy Authority A Cooperative District
0.5%
Worthington City School District
0.5%
Deer Park Independent School District
0.4%
PRESBYTERIAN RET VLG
0.4%
City of Springfield IL Electric Revenue
0.4%
Asset allocation
Bonds
98.0%
Cash
2.0%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
3.0%Low
Year-on-year price swings
Max drawdown
-13.9%Mild
Worst peak-to-trough loss
Sharpe (3Y)
0.11Below average
Sortino (3Y)
0.15Moderate downside risk
Bond profile
Duration
4.8 years
Avg maturity
10.3 years
Credit ratings
AAA
9.4%
AA
45.9%
A
17.2%
BBB
11.1%
BB
3.2%
B
0.3%
Other
12.9%
Where to buy
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- Seeks current income exempt from federal income tax.
- Strategy
- Invests primarily in municipal and other debt securities, focusing on investment-grade bonds but may include high-yield securities. Actively managed, the fund aims for capital appreciation while considering interest rate movements and credit quality.
- Inception date
- September 10, 2018
- Fund family
- American Century Investments
Similar ETFs
Closest matches by profileWhat's next?
You've reviewed TAXF. Save it to your watchlist to track it alongside the other funds you're weighing.
Data updated on 2026-06-19