- What does ASEC invest in?
- The American Century Securitized Credit ETF, an investment product under the American Century ETF Trust umbrella, is managed by American Century Investment Management Inc. This exchange-traded fund primarily allocates capital within the U.S. fixed income market. It specifically targets U.S. dollar-denominated, high-quality securitized debt instruments from non-traditional asset-backed sectors, maintaining a portfolio duration of less than five years. The fund constructs its holdings using a comprehensive investment approach that integrates both fundamental and quantitative analysis, employing a blend of bottom-up and top-down security selection methods. Its investment decisions are further informed by the firm's exclusive proprietary research. The fund is domiciled in the United States.
- What is the expense ratio of ASEC?
- American Century Securitized Credit ETF (ASEC) charges an expense ratio of 0.29%. This is the annual fee deducted from fund assets to cover management and operations.
- What is ASEC's dividend yield?
- ASEC's trailing-twelve-month yield is 1.32%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of ASEC?
- Effective duration measures ASEC's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. ASEC's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of ASEC?
- ASEC'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 ASEC?
- Yield to maturity (YTM) is the total return you'd earn from ASEC if every bond in the portfolio is held to maturity at the current price. ASEC'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.
