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 3/13/2026, 1:30 PM UTC
LIVE
CLOSED
This fund is part ofMunicipal Bonds1M perf.-0.64%
Last price
$50.53
1M perf.
-0.32%
1M flows
+€11M
AuM
€498M
E/R
0.29%
Rating
Not rated
ESG Consensus®
TAXF
$50.53
Performance & flows
Segment for quartile rank
December 11, 2025 → March 11, 2026
Create a free account to view the flows graph
TAXF
$50.49
+1.28%
Municipal Bonds
+1.08%
Historic performance and flows
| 1M | 3M | 1Y | 3Y | 5Y | MTD | QTD | YTD | ||
|---|---|---|---|---|---|---|---|---|---|
| Perf. | -0.32%  | +1.28%  | +4.34% | +12.44% | +6.09% | -1.25% | +0.93% | +0.93% | |
| 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
3/11/2026
$50.48
1D NAV change
-0.26%
Dividend policy
No. of holdings
703
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.
Built for professionals: access exclusive fund metrics and selection tools in Trackinsight Enterprise.
Enterprise Fund page features include:
Legal documents
Powerful buy-list integration
Fund data exports
Advanced risk metrics
Advanced replication analysis
Advanced exposure look-through
Upload your own internal metrics
Custom data feature
Enterprise
Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.
Learn more about Trackinsight EnterpriseAdvertisement
Risk profile
Segment for quartile rank
Historical risk/return profile
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Returns | +1.28% | +4.34% | +12.44% | +6.09% |
| 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
Built for professionals: access exclusive risk metrics in Trackinsight Enterprise.
Enterprise
Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.
Learn more about Trackinsight EnterpriseExposure
Countries
USA
99.25%
Unavailable
0.75%
Sectors
Municipal
16.61%
Unavailable
83.39%
Diversification
Total weight of top 15 holdings out of 703
Top 15 holdings
Data as of January 31, 2026
US74442PN840
Southeast Alabama Gas Supply District, FRN 1aug2054, USD (A)
US452252RA98
US686507LE21
US292723AY90
US84136HCT86
US09182TGM36
Buckeye Tobacco Settlement Financing Authority, 5% 1jun2055, USD (2020B-2)
Create a free account to view top holdings
US73419RAJ14
US982038TL58
US244127Q661
US83755VZ234
US850578UD50
US84136GAK13
US844090AD23
Create a free account to view top holdings
Built for professionals: access exclusive exposure metrics in Trackinsight Enterprise.
Enterprise
Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.
Learn more about Trackinsight EnterpriseSustainability
Integrates ESG criteria
No
SDG
Built for professionals: access exclusive sustainability metrics in Trackinsight Enterprise.
Enterprise
Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.
Learn more about Trackinsight EnterpriseIssuer
American Century Investments
American Century Investments ID Card
Number of funds
58
Total AuM
€103.69B
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 | €19.9B |
AVEM | Avantis Emerging Markets Equity ETF | €17.99B |
AVDV | Avantis International Small Cap Value ETF | €15.44B |
AVDE | Avantis International Equity ETF | €12.43B |
AVUS | Avantis U.S. Equity ETF | €9.67B |
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 €498M in assets as of March 11, 2026.
How has TAXF performed lately?
Based on data from March 11, 2026, TAXF returned -0.32% over the past month, 1.28% over the last three months and 0.93% year-to-date.
What are the latest inflows or outflows for TAXF?
As of March 11, 2026, TAXF recorded net flows of +€11M over the last month and +€17M year-to-date.
Does TAXF distribute dividends?
TAXF follows a distributing dividend policy, meaning it pays out income to investors. As of March 11, 2026, its 12-month trailing yield was 3.76%.
What are the main country or region exposures of TAXF?
As of January 31, 2026, TAXF has significant geographic allocations in USA.
In which sector or theme does TAXF invest in?
As of January 31, 2026, TAXF focuses largely on Municipal.
How many securities does TAXF hold and how diversified is it?
As of January 31, 2026, TAXF holds 703 positions in its portfolio, with 7.86% of assets concentrated in its top 15 holdings.
What are the main positions in TAXF?
As of January 31, 2026, TAXF top three holdings include US74442PN840, Southeast Alabama Gas Supply District, FRN 1aug2054, USD (A) and US452252RA98.
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
