American Beacon Aberdeen Municipal High Income ETF

Frequently Asked Questions About AMHI

What does AMHI invest in?

An actively managed exchange-traded fund designed to provide investors with a high level of current income that is not subject to federal income tax. The fund invests in a diversified portfolio of municipal bonds using a research-driven approach focused on identifying mispriced municipal bonds and uncovering relative value opportunities. The strategy also emphasizes downside risk mitigation through a disciplined focus on quality.

What is the expense ratio of AMHI?

American Beacon Aberdeen Municipal High Income ETF (AMHI) charges an expense ratio of 0.55%. This is the annual fee deducted from fund assets to cover management and operations.

What is AMHI's dividend yield?

AMHI's trailing-twelve-month yield is 1.26%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of AMHI?

Effective duration measures AMHI's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. AMHI's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of AMHI?

AMHI's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of AMHI?

Yield to maturity (YTM) is the total return you'd earn from AMHI if every bond in the portfolio is held to maturity at the current price. AMHI's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.