American Century Diversified Municipal Bond ETF (TAXF) — ()
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Joe Gotelli Discusses Advantages of Active Municipal Bond Strategies
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Sentiment: Positive ()
With advisor enthusiasm mounting towards fixed income strategies, many portfolios are looking to build municipal bond exposure. Joe Gotelli, vice president and senior portfolio manager for American Century Investments®, recently …
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About American Century Diversified Municipal Bond ETF TAXF
The fund invests in municipal and other debt securities. Under normal market conditions, the portfolio managers invest at least 80% of the fund's net assets, plus borrowings for investment purposes, in municipal securities with interest payments exempt from federal income tax. The fund principally invests in investment-grade debt securities but may invest in high-yield securities (junk bonds).