Symbols

AHYB

American Century Select High Yield ETF·ARCA

--(--)

Key Stats

Assets Under Management

55.91MUSD

Fund Flows (1Y)

16.25MUSD

Dividend Yield

5.80%

Discount/Premium to NAV

0.13%

Shares Outstanding

1.20M

Expense Ratio

0.45%

About American Century Select High Yield ETF

Issuer

American Century Investment Management, Inc.

Brand

American Century

Home Page

https://www.americancentury.com/invest/funds/american-century-select-high-yield-etf/

Inception Date

Nov 16, 2021

Structure

Open-Ended Fund

Index Tracked

Management Style

Active

Dividend Treatment

Distributes

Distribution Tax Treatment

Ordinary income

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

American Century Investment Management, Inc.

Distributor

Foreside Fund Services LLC

AHYB seeks to provide high current income by investing in a portfolio of high-yield corporate debt that are primarily rated BB or B. To select securities, the fund adviser uses a bottom-up strategy with a top-down investment overlay. Companies are screened for fundamental metrics such as cash flow, valuation, credit quality, financial history and management, while considering macroeconomic factors including interest rates, economic conditions and risk of inflation. Although the fund has no restrictions on average maturity, it typically invests in bonds with maturities of 3 to 10 years. AHYB uses the same strategy as the American Century High-Income mutual fund but focuses more on BB- and B- rated bonds.