American Century Diversified Etf Profile

TAXF Etf  USD 50.89  0.17  0.34%   

Performance

3 of 100

 
Weak
 
Strong
Insignificant

Odds Of Distress

Less than 9

 
High
 
Low
Low
American Century is trading at 50.89 as of the 28th of November 2024. This is a 0.34 percent increase since the beginning of the trading day. The etf's lowest day price was 50.83. American Century has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. Equity ratings for American Century Diversified are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of August 2024 and ending today, the 28th of November 2024. Click here to learn more.
Under normal market conditions, the portfolio managers invest at least 80 percent of the funds net assets, plus borrowings for investment purposes, in municipal securities with interest payments exempt from federal income tax. American Century is traded on NYSEARCA Exchange in the United States.. More on American Century Diversified

Moving together with American Etf

  0.95MUB iShares National MuniPairCorr
  0.95VTEB Vanguard Tax ExemptPairCorr
  0.97FMB First Trust ManagedPairCorr
  0.96ITM VanEck Intermediate MuniPairCorr
  0.96MMIT IQ MacKay MunicipalPairCorr
  0.95HMOP Hartford MunicipalPairCorr

Moving against American Etf

  0.53RSPY Tuttle Capital ManagementPairCorr
  0.5DSJA DSJAPairCorr
  0.5MEME Roundhill InvestmentsPairCorr
  0.41ITWO Proshares Russell 2000 Low VolatilityPairCorr

American Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationMunicipals ETFs, Broad Market ETFs, Muni National Interm, American Century Investments (View all Sectors)
IssuerAmerican Century Investments
Inception Date2018-09-10
BenchmarkNot Applicable
Entity TypeRegulated Investment Company
Asset Under Management505.8 Million
Average Trading Valume38,143.5
Asset TypeFixed Income
CategoryMunicipals
FocusBroad Market
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorAmerican Century Services, LLC
AdvisorAmerican Century Investment Management, Inc.
CustodianState Street Bank and Trust Company
DistributorForeside Fund Services, LLC
Portfolio ManagerPeruvemba Satish, Rene Casis
Transfer AgentState Street Bank and Trust Company
Fiscal Year End31-Aug
ExchangeNYSE Arca, Inc.
Number of Constituents725
Market MakerJane Street
Total Expense0.29
Management Fee0.29
Country NameUSA
Returns Y T D2.69
NameAmerican Century Diversified Municipal Bond ETF
Currency CodeUSD
Open FigiBBG00LY8JLB9
In Threey Volatility7.31
1y Volatility6.74
200 Day M A50.6112
50 Day M A50.844
CodeTAXF
Updated At26th of November 2024
Currency NameUS Dollar
American Century Diversified [TAXF] is traded in USA and was established 2018-09-10. The fund is listed under Muni National Interm category and is part of American Century Investments family. The entity is thematically classified as Municipals ETFs. American Century Div at this time have 270.45 M in assets. , while the total return for the last year was 7.1%.
Check American Century Probability Of Bankruptcy

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on American Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding American Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as American Century Diversified Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top American Century Diversified Etf Constituents

WASHINGTON ST 5%0.83%
MASSACHUSETTS BAY TRANSN AUTH MASS SALES TAX REV 5%0.85%
ILLINOIS FIN AUTH REV 5%0.91%
ARIZONA BRD REGENTS UNIV ARIZ SYS REV 5%0.89%
BALTIMORE MD PROJ REV 5%0.91%
PENNSYLVANIA ST 5%0.82%
PHOENIX ARIZ CIVIC IMPT CORP WTR SYS REV 4%0.91%
NORTH CAROLINA ST 5%0.93%
MICHIGAN ST BLDG AUTH REV 5%0.89%
ORANGE CNTY FLA HEALTH FACS AUTH REV 5%0.91%

American Century Top Holders

ABHYXHigh Yield Municipal FundMutual FundHigh Yield Muni
AYMCXHigh Yield Municipal FundMutual FundHigh Yield Muni
AYMAXHigh Yield Municipal FundMutual FundHigh Yield Muni
AYMYXHigh Yield Municipal FundMutual FundHigh Yield Muni
AYMIXHigh Yield Municipal FundMutual FundHigh Yield Muni
More Details

American Century Div Risk Profiles

The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in American Century. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

American Century Against Markets

When determining whether American Century Div is a strong investment it is important to analyze American Century's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact American Century's future performance. For an informed investment choice regarding American Etf, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in American Century Diversified. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in interest.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
The market value of American Century Div is measured differently than its book value, which is the value of American that is recorded on the company's balance sheet. Investors also form their own opinion of American Century's value that differs from its market value or its book value, called intrinsic value, which is American Century's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because American Century's market value can be influenced by many factors that don't directly affect American Century's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between American Century's value and its price as these two are different measures arrived at by different means. Investors typically determine if American Century is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Century's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.