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About American Century Diversified Municipal Bond ETF
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Inception date
Sep 10, 2018
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
American Century Investment Management, Inc.
Distributor
Foreside Fund Services LLC
ISIN
US0250725050
TAXF provides actively managed exposure to municipal debt. The fund principally holds investment-grade bonds, but may include high-yield issues. TAXFs active manager employs a research-driven process that aims to identify municipal bonds with lower default risk, while adjusting exposure for prevailing market conditions. The fund is reasonably priced in context, though investors who do not need high-yield exposure can find index-tracking competitors for a fraction of the cost.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Municipal
Bonds, Cash & Other100.00%
Municipal98.68%
Cash1.15%
Securitized0.17%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
TAXF invests in bonds. The fund's major sectors are Municipal, with 98.68% stocks, and Securitized, with 0.17% of the basket. The assets are mostly located in the N/A region.
TAXF last dividends amounted to 0.15 USD. The month before, the issuer paid 0.16 USD in dividends, which shows a 11.00% decrease.
TAXF assets under management is 488.19 M USD. It's fallen 0.13% over the last month.
TAXF fund flows account for 28.66 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, TAXF pays dividends to its holders with the dividend yield of 3.67%. The last dividend (Sep 4, 2025) amounted to 0.15 USD. The dividends are paid monthly.
TAXF shares are issued by American Century Cos., Inc. under the brand American Century. The ETF was launched on Sep 10, 2018, and its management style is Active.
TAXF expense ratio is 0.27% meaning you'd have to pay 0.27% of your investment to help manage the fund.
TAXF follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
TAXF invests in bonds.
TAXF price has risen by 0.12% over the last month, and its yearly performance shows a −3.90% decrease. See more dynamics on TAXF price chart.
NAV returns, another gauge of an ETF dynamics, showed a 1.17% increase in three-month performance and has decreased by −0.10% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 1.17% increase in three-month performance and has decreased by −0.10% in a year.
TAXF trades at a premium (0.19%) meaning the ETF is trading at a higher price than the calculated NAV.