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American Century Diversified Municipal Bond ETF (TAXF)

51.46 +0.18 (+0.35%)
As of 12:12 PM EDT. Market Open.

ETF Summary

The fund invests in municipal and other debt securities. Under normal market conditions, the portfolio managers invest at least 80% of the fund's net assets, plus borrowings for investment purposes, in municipal securities with interest payments exempt from federal income tax. The fund principally invests in investment-grade debt securities but may invest in high-yield securities (junk bonds).

ETF Overview

Category Muni National Interm
Fund Family American Century Investments
Net Assets 476.13M
YTD Daily Total Return 3.16%
Yield 3.23%
Legal Type Exchange Traded Fund

ETF Operations

Attributes TAXF Category Average
Annual Report Expense Ratio (net) 0.29% 0.68%
Holdings Turnover 28.00% 41.94%
Total Net Assets 0.00 0.00

Morningstar Style Box

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Morningstar Category

While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

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