New
Trackinsight is part of ETF One, the fully integrated ETF platform of Kepler Cheuvreux. Learn more →
Help us improve your experience. Please confirm your investor type:
ETF What's Up
Don’t Miss a Move in the ETF Market
Sign up and keep track of everything that moved the ETF industry this week. From new launches to regulatory shifts across the Atlantic.
TAXF ETF · American Century Diversified Municipal Bond ETF
The TAXF Exchange Traded Fund (ETF) is provided by American Century Investments. This fund is actively managed; it does not track an index. This share class generates a stream of income by distributing dividends.
Last update 5/1/2026, 7:57 PM UTC
LIVE
CLOSED
This fund is part ofMunicipal Bonds1M perf.+0.93%
Last price
$50.46
-0.03%
1M perf.
+0.93%
1M flows
+€28M
AuM
€548M
E/R
0.29%
Rating
Not rated
ESG Consensus®
TAXF
$50.46
-0.03%
Performance & flows
Segment for quartile rank
February 2, 2026 → May 1, 2026
Create a free account to view the flows graph
TAXF
$50.41
+0.29%
Historic performance and flows
| 1M | 3M | 1Y | 3Y | 5Y | MTD | QTD | YTD | ||
|---|---|---|---|---|---|---|---|---|---|
| Perf. | +0.93%  | +0.29%  | +6.29% | +11.67% | +5.47% | +0.01% | +1.22% | +1.11% | |
| Flows |
Key fund info
Segment for quartile rank
This ETF's jurisdiction country is not in your region (Europe and Middle East) ·
Main characteristics
More details
NAV
5/1/2026
$50.40
1D NAV change
+0.01%
Dividend policy
No. of holdings
725
Inception date
9/10/2018
Jurisdiction
United States
Distribution
United States
Legal structure
Open-end Fund
Base currency
USD
Dividend distribution
Trailing 12-month distr. yield
Distribution frequency
Last distribution
Create a free account to view dividend distribution
Classification
Investment strategy
Seeks to provide consistent tax-free income by employing an active, research-driven process that draws from across the municipal bond universe and adjusts exposure depending on prevailing market conditions.
Tax optimisation
PEA
France
UK Reporting Status
United Kingdom
Create a free Trackinsight Essentials account to unlock insights
Access exclusive metrics and features to support your investment decisions.
New to Trackinsight?
For individual investors
Essentials
A forever free toolbox for fund selection, analysis, research, and ETF portfolio construction.
More fund data
Compare up to 3 funds
More screener filters
Choose your own screener columns from 100+ metrics
Lists for saving your research
Portfolio construction and analysis
Personal dashboard for live monitoring
For professional investors
Enterprise
Trackinsight Enterprise addresses the everyday operational, regulatory, and analytical pain points faced by professional and institutional ETF investors, from selection to execution.
Request a free trialAdvertisement
Risk profile
Segment for quartile rank
Historical risk/return profile
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Returns | +0.29% | +6.29% | +11.67% | +5.47% |
| Volatility | ||||
| Perf./Volatility | ||||
| Max drawdown |
Create a free account to view risk/return table
Synthetic Risk and Reward Indicator (SRRI)
UCITS
N/A
PRIIPS
N/A
More exposure metrics are available, exclusively in Trackinsight Enterprise
Exposure
Countries
USA
97.43%
Unavailable
2.57%
Sectors
Municipal
15.90%
Unavailable
84.10%
Diversification
Total weight of top 15 holdings out of 725
Top 15 holdings
Data as of March 31, 2026
US74442PN840
US12008EXV37
US04110FAC95
Puerto Rico Sales Tax Financing Corp., 4.329% 1jul2040, USD
Southeast Alabama Gas Supply District, FRN 1aug2054, USD (A)
US452252RA98
US686507LE21
US292723AY90
Create a free account to view top holdings
US84136HCT86
US64972GV436
US09182TGM36
US452153RJ08
US73419RAJ14
US982038TL58
US09182THB61
Create a free account to view top holdings
More risk metrics are available, exclusively in Trackinsight Enterprise
Sustainability
Integrates ESG criteria
No
SDG
More sustainability metrics are available, exclusively in Trackinsight Enterprise
Issuer
American Century Investments
American Century Investments ID Card
Number of funds
58
Total AuM
€112.64B
Expense ratio range
0.15% - 0.49%
Average expense ratio
0.2952%
Top 5 funds by American Century Investments
| AuM | ||
|---|---|---|
AVUV | Avantis U.S. Small Cap Value ETF | €22.41B |
AVEM | Avantis Emerging Markets Equity ETF | €19.98B |
AVDV | Avantis International Small Cap Value ETF | €16.05B |
AVDE | Avantis International Equity ETF | €13.42B |
AVUS | Avantis U.S. Equity ETF | €10.48B |
Frequently asked questions about TAXF
What does American Century Diversified Municipal Bond ETF, TAXF, invest in?
TAXF is a Active ETF. This ETF provides exposure to US Mixed Ratings Municipal Bonds.
What is the Total Expense ratio (TER) of TAXF?
TAXF carries a total expense ratio (TER) of 0.29%, indicating the annual cost for holding the fund.
When was TAXF launched?
TAXF was introduced to the market on September 10, 2018. It trades on United States
Who is the ETF issuer of TAXF?
American Century Diversified Municipal Bond ETF, TAXF, is provided by American Century Investments. Learn more about American Century Investments here.
What is the current assets under management (AUM) of TAXF?
TAXF oversees €548M in assets as of May 1, 2026.
How has TAXF performed lately?
Based on data from May 1, 2026, TAXF returned 0.93% over the past month, 0.29% over the last three months and 1.11% year-to-date.
What are the latest inflows or outflows for TAXF?
As of May 1, 2026, TAXF recorded net flows of +€28M over the last month and +€78M year-to-date.
Does TAXF distribute dividends?
TAXF follows a distributing dividend policy, meaning it pays out income to investors. As of May 1, 2026, its 12-month trailing yield was 3.50%.
What are the main country or region exposures of TAXF?
As of March 31, 2026, TAXF has significant geographic allocations in USA.
In which sector or theme does TAXF invest in?
As of March 31, 2026, TAXF focuses largely on Municipal.
How many securities does TAXF hold and how diversified is it?
As of March 31, 2026, TAXF holds 725 positions in its portfolio, with 8.59% of assets concentrated in its top 15 holdings.
What are the main positions in TAXF?
As of March 31, 2026, TAXF top three holdings include US74442PN840, US12008EXV37 and US04110FAC95.
What is the base currency of TAXF?
The base currency of TAXF is USD.
Advertisement
About Trackinsight
Since our founding in 2016, we have been at the forefront of the industry, delivering accessible, comprehensive, and reliable tools to support the evolving needs of investors.
Over the past decade, Trackinsight has expanded its operations across six countries, serving thousands of professional investors. We’ve consistently innovated to provide cutting-edge solutions that meet the changing demands of the ETF market.
In 2024, Kepler Cheuvreux, a leading independent European financial services firm, acquired a majority stake in Trackinsight, becoming the company's principal shareholder.
This strategic partnership solidifies Trackinsight's position as a premier provider of ETF selection and analysis tools, while strengthening Kepler Cheuvreux’s commitment to becoming a leading player in the ETF sector.
Together, we are committed to offering advanced services that empower professional investors, advisors, institutions, and issuers. This new step enables us to deliver even more comprehensive and innovative technological solutions, driving ETF investing to new heights.
More about TrackinsightETF TOOLS
PLATFORM
ETF NEWS & RESEARCH
© 2014-2026 Trackinsight SA. All rights reserved.
Privacy policy | Cookie policy | | Terms of use | Imprint
Privacy policy | Cookie policy | | Terms of use | Imprint
