American Century ETF Trust American Century Multisector Floating Income ETF
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About American Century ETF Trust American Century Multisector Floating Income ETF
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Inception date
Mar 14, 2023
Structure
Open-Ended Fund
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
FUSI seeks to provide income with capital appreciation via a sector rotation strategy on the floating rate segment of the global fixed-income space. The fund primarily holds securitized debt including CLOs, credit risk transfer securities, floating rate commercial mortgage securities, and mortgage- or asset-backed securities. Although the fund principally invests in investment grade debt, it may allocate up to 35% of the portfolio in below investment grade securities. The selection process uses a sector rotation approach based on a model that includes a macroeconomic framework, technical analysis, and fundamental research. The model seeks to identify sectors that offer better relative yield and capital appreciation potential. Buy and sell decisions consider sector allocation and credit quality standards. The fund may also use derivatives to generate income or hedge exposure.
Classification
Returns
1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
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Price performance | — | — | — | — | — | — |
NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Securitized
Bonds, Cash & Other100.00%
Securitized85.10%
Government7.55%
Cash6.41%
Corporate0.94%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history