American Century Diversified Municipal Bond ETF

Frequently Asked Questions About TAXF

What does TAXF invest in?

Aims to provide ongoing income that is not subject to federal income tax.

What is the expense ratio of TAXF?

American Century Diversified Municipal Bond ETF (TAXF) charges an expense ratio of 0.25%. This is the annual fee deducted from fund assets to cover management and operations.

What is TAXF's dividend yield?

TAXF's trailing-twelve-month yield is 3.92%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of TAXF?

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

What is the credit quality of TAXF?

TAXF'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 TAXF?

Yield to maturity (YTM) is the total return you'd earn from TAXF if every bond in the portfolio is held to maturity at the current price. TAXF'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.