American Century Diversified Municipal Bond ETF (TAXF)

Description

The TAXF ETF contains 352 constituents. It is focused on holdings in the region.

Price $47.87 as of 2022-10-20

Cost/Risk/Yield

Dividend yield1.84%
Expense ratio0.29%
Average spread0.125%
1Y roundtrip cost0.415%

Historic prices

Total Returns (including dividends)

Monthly returns heatmap

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2022-2.8%-0.6%-3.0%-3.0%1.7%-1.7%2.6%-2.3%-4.1%0.6%-12.7%
20210.9%-1.0%0.4%1.2%0.5%0.5%0.7%-0.3%-0.7%-0.2%1.0%-0.0%2.7%
20202.1%1.3%-5.6%-2.3%3.8%1.9%2.1%-0.1%0.0%-0.3%1.9%1.2%5.8%
20190.8%0.7%1.7%0.6%1.7%0.4%0.8%2.0%-0.8%0.1%0.3%0.3%8.8%
2018-0.5%0.7%0.6%0.8%
0.9%0.4%-6.5%-3.6%7.6%1.0%6.1%-0.8%-5.6%-0.3%3.9%2.1%

Historical Dividends

Monthly dividend heatmap

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
20220.060.070.060.070.080.080.080.100.100.68
20210.080.090.090.070.070.080.070.060.070.060.070.81
20200.090.090.090.100.090.100.100.100.100.100.101.06
20190.140.160.140.140.100.100.120.110.100.100.101.31
20180.200.140.34
0.000.370.400.380.380.340.370.370.360.360.460.41

Sectors and Top Holdings

Security % Assets
MUTUAL FUND (OTHER)4.36%
MUNICIPAL BONDS2.57%
Massachusetts St 5.0% 01-SEP-20301.08%
Fairfax Cnty Va Swr Rev 4.0% 15-JUL-20401.05%
California Cmnty Choice Fing Auth Clean Energy Proj Rev FRN 01-FEB-20520.95%
Port Freeport Tex Sr Lien Rev 5.0% 01-JUN-20410.89%
Minnesota St 4.0% 01-SEP-20330.84%
Windy Gap Firming Proj Wtr Activity Enterprise Colo Sr Rev 4.0% 15-JUL-20410.81%
Nevada Sys Higher Ed Univs Rev 5.0% 01-JUL-20230.77%
Connecticut St Health & Edl Facs Auth Rev 5.0% 01-DEC-20450.75%
Orange Cnty Calif Transn Auth Rev 5.0% 15-OCT-20240.74%
Atlanta Ga Arpt Rev 5.0% 01-JUL-20370.70%
Central Tex Regl Mobility Auth Rev 5.0% 01-JAN-20300.69%
North Carolina St 5.0% 01-JUN-20270.66%
California St 5.0% 01-AUG-20350.66%
Top 15 Weights17.52%

Compare with similar ETFs

TAXF FCAL FMB FSMB MUST RVNU
Product nameAmerican Century Diversified Municipal Bond ETFFirst Trust California Municipal High Income ETFFirst Trust Managed Municipal ETFFirst Trust Short Duration Managed Municipal ETFColumbia Multi-Sector Municipal Income ETFDeutsche X-trackers Municipal Infrastructure Revenue Bond ETF
IssuerAmerican CenturyFirst TrustFirst TrustFirst TrustColumbiaXtrackers
Price$47.87$46.6$48.9799$19.5489$19.565$22.95
Expense Ratio0.29%worse0.5%worse0.5%worse0.45%better0.23%better0.15%
Average Spread0.125%0.236%0.041%0.051%0.153%0.261%
AUM$159,973,000$97,870,300$2,075,580,000$164,143,000$124,122,000$122,542,000
Shares3,341,8322,100,22142,376,0628,396,5436,344,0865,339,538
Average Daily Volume72,27321,630316,744263,463118,07050,990
Home pageVisit external siteVisit external siteVisit external siteVisit external siteVisit external site
Inception Date2018-09-102017-06-202014-05-132018-11-012018-10-102013-06-04
Index TrackedNo Underlying IndexNo Underlying IndexNo Underlying IndexNo Underlying IndexBeta Advantage Multi-Sector Municipal Bond IndexSolactive Municipal Infrastructure Revenue Bond Index
CategoryNational MunisCalifornia MunisNational MunisNational MunisMoney MarketNational Munis
Asset ClassBondBondBondBondBondBond
Asset Class Size
Value or Growth
Region
CountriesU.S.U.S.U.S.U.S.U.S.U.S.
Annual Dividend Rate$0.879$1.207$1.152$0.251$0.341$0.643
Annual Dividend Yield0.018%0.026%0.024%0.013%0.017%0.028%
Number of Holdings3522371462445512376
YTD Return-12.18%-13.24%-12.57%-5.14%-11.99%-20.04%
Beta0.120.140.170.060.110.27
Upside Beta0.050.120.080.010.030.03
Downside Beta0.020.04-0.07-0.07-0.01-0.12
Volatility 1Y4.06%4.29%3.72%2.12%5.25%7.27%
Sharpe Ratio 3Y-0.87-0.92-0.93-0.68-0.80-1.07
Treynor Ratio 3Y-0.03-0.03-0.02-0.03-0.03-0.02

Historic volatility

Implied volatility

Put/Call Ratio (option volume)

Put/Call Ratio (open interest)

Volatility Spread

Volatility Skew