American Century Diversified Municipal Bond ETF (TAXF)
TAXF is an actively managed ETF by American Century Investments. TAXF launched on Sep 10, 2018 and has a 0.29% expense ratio.
ETF Info
Sep 10, 2018
North America (U.S.)
1x
No Index (Active)
Expense Ratio
TAXF features an expense ratio of 0.29%, falling within the medium range.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in American Century Diversified Municipal Bond ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
American Century Diversified Municipal Bond ETF had a return of -0.56% year-to-date (YTD) and 1.09% in the last 12 months.
TAXF
-0.56%
-1.49%
0.19%
1.09%
1.02%
N/A
^GSPC (Benchmark)
-0.77%
-3.55%
3.64%
22.00%
12.20%
11.23%
Monthly Returns
The table below presents the monthly returns of TAXF, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.06% | -0.22% | -0.10% | -0.89% | 0.05% | 1.31% | 1.19% | 0.46% | 1.30% | -1.37% | 1.20% | -1.20% | 1.74% |
| 2023 | 3.35% | -2.21% | 2.28% | -0.16% | -0.49% | 0.69% | 0.37% | -1.25% | -2.53% | -1.15% | 5.51% | 3.03% | 7.34% |
| 2022 | -2.84% | -0.60% | -3.00% | -2.99% | 1.68% | -1.74% | 2.55% | -2.30% | -4.05% | -0.57% | 4.79% | -0.63% | -9.64% |
| 2021 | 0.86% | -1.01% | 0.41% | 1.18% | 0.46% | 0.48% | 0.66% | -0.32% | -0.75% | -0.23% | 0.99% | -0.02% | 2.72% |
| 2020 | 2.10% | 1.31% | -5.65% | -2.35% | 3.78% | 1.87% | 2.08% | -0.16% | 0.02% | -0.33% | 1.89% | 1.19% | 5.54% |
| 2019 | 0.61% | 1.07% | 1.55% | 0.61% | 1.74% | 0.42% | 0.81% | 1.95% | -0.83% | 0.16% | 0.32% | 0.33% | 9.08% |
| 2018 | -0.47% | -0.50% | 0.66% | 0.64% | 0.34% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of TAXF is 22, meaning it’s performing worse than 78% of other ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for American Century Diversified Municipal Bond ETF (TAXF) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
American Century Diversified Municipal Bond ETF provided a 3.40% dividend yield over the last twelve months, with an annual payout of $1.69 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| Dividend | $1.69 | $1.69 | $1.49 | $1.00 | $0.87 | $1.16 | $1.40 | $0.34 |
Dividend yield | 3.40% | 3.38% | 2.93% | 2.05% | 1.58% | 2.13% | 2.64% | 0.69% |
Monthly Dividends
The table displays the monthly dividend distributions for American Century Diversified Municipal Bond ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | |||||||||||
| 2024 | $0.00 | $0.14 | $0.14 | $0.12 | $0.15 | $0.14 | $0.14 | $0.15 | $0.14 | $0.14 | $0.15 | $0.28 | $1.69 |
| 2023 | $0.00 | $0.10 | $0.12 | $0.12 | $0.11 | $0.13 | $0.12 | $0.12 | $0.12 | $0.13 | $0.14 | $0.27 | $1.49 |
| 2022 | $0.00 | $0.06 | $0.07 | $0.06 | $0.07 | $0.08 | $0.08 | $0.08 | $0.10 | $0.10 | $0.10 | $0.23 | $1.00 |
| 2021 | $0.00 | $0.08 | $0.09 | $0.09 | $0.07 | $0.07 | $0.08 | $0.07 | $0.06 | $0.07 | $0.06 | $0.14 | $0.87 |
| 2020 | $0.00 | $0.09 | $0.09 | $0.09 | $0.10 | $0.09 | $0.11 | $0.10 | $0.10 | $0.10 | $0.10 | $0.20 | $1.16 |
| 2019 | $0.00 | $0.14 | $0.16 | $0.14 | $0.14 | $0.10 | $0.10 | $0.12 | $0.11 | $0.10 | $0.10 | $0.18 | $1.40 |
| 2018 | $0.21 | $0.14 | $0.34 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the American Century Diversified Municipal Bond ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the American Century Diversified Municipal Bond ETF was 13.93%, occurring on Oct 26, 2022. The portfolio has not yet recovered.
The current American Century Diversified Municipal Bond ETF drawdown is 2.34%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -13.93% | Jul 20, 2021 | 322 | Oct 26, 2022 | — | — | — |
| -13.39% | Mar 10, 2020 | 10 | Mar 23, 2020 | 171 | Nov 23, 2020 | 181 |
| -2.03% | Feb 16, 2021 | 8 | Feb 25, 2021 | 62 | May 25, 2021 | 70 |
| -1.58% | Sep 5, 2019 | 9 | Sep 17, 2019 | 70 | Dec 27, 2019 | 79 |
| -0.96% | Sep 25, 2018 | 3 | Oct 22, 2018 | 7 | Dec 4, 2018 | 10 |
Volatility
Volatility Chart
The current American Century Diversified Municipal Bond ETF volatility is 1.25%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.