YTD TOTAL RETURN
0.52%
NAV
As of 02/04/2026
0.55%
MARKET PRICE
EXPENSE RATIO
--
NET
As of 1/1/2026
0.27%
GROSS
NAV
$50.70
Prices as of 02/04/2026
MARKET PRICE
$50.59
YTD TOTAL RETURN As of 02/04/2026 NAV Market Price | 0.52% 0.55% |
EXPENSE RATIO As of 1/1/2026 Net Gross | -- 0.27% |
NAV Prices as of 02/04/2026 | $50.70 0.01% ($0.01) |
Market Price | $50.59 0.04% ($0.02) |
Floating Income. Tactical Sector Management. The Multisector Floating Income ETF seeks to complement an investor's core bond holdings with current income, broad diversification, and the potential to mitigate the impact of rising rates.
Key Facts
Investment Objective | Seeks income. As a secondary objective, the fund seeks long-term capital appreciation. |
Inception Date | 03/14/2023 |
Morningstar Category | Ultrashort Bond |
Benchmark | Bloomberg U.S. 1-3 Month Treasury Bill IndexA |
Total Assets | $22,817,015 As of 02/04/2026 |
Shares Outstanding | 450,000.00 As of 02/04/2026 |
Total Holdings | 60 As of 12/31/2025 |
Distribution Frequency | Monthly (Non-Daily Accrual) |
Fees
| Gross Expense Ratio | 0.27% |
Trading Information
| Ticker | FUSI |
| CUSIP | 025072224 |
| ISIN | US0250722248 |
| SEDOL | BMWS9C0 |
| Exchange | NYSE Arca |
Fees
| Gross Expense Ratio | 0.27% |
Trading Information
| Ticker | FUSI |
| CUSIP | 025072224 |
| ISIN | US0250722248 |
| SEDOL | BMWS9C0 |
| Exchange | NYSE Arca |
Why Active ETFs May Make Sense in Today's Bond Market
Unlike index investing, read why we believe active managers can explore various opportunities and adjust exposures through active fixed-income ETFs.
As of 02/04/2026
Daily Market Prices
| Closing Price | $50.59 |
| Bid Ask Midpoint | $50.59 |
| Day High Price | $50.61 |
| Day Low Price | $50.59 |
| Bid Ask Spread | 0.08% |
| 30-Day Median Bid Ask Spread | 0.08% |
52-Week Range
| 52-Week High | $50.91 |
| 52-Week Low | $50.18 |
| Days > +/- 0.5% of NAV | 0 |
| Percent > +/- 0.5% of NAV | 0% |
| Days at Premium | 25 |
| Days at NAV | 0 |
| Days at Discount | 39 |
| Greatest Premium | 0.16% |
| Greatest Discount | -0.34% |
Performance data quoted represents past performance and is no guarantee of future results. Current performance may be lower or higher than the performance data quoted. Investment return and principal value will fluctuate so that the investor's shares, when redeemed, may be worth more or less than the original cost. Returns less than one year are not annualized. Net asset value (NAV) prices are used to calculate market price performance prior to the date when the fund first traded on an exchange. Effective July 1, 2025, market performance is determined using the official closing price as reported by the ETF's primary exchange. Prior to July 1, 2025, market performance was determined using the bid/ask midpoint at 4:00 p.m. Eastern time, when the NAV is typically calculated. Market performance does not represent the returns you would receive if you traded shares at other times. Index performance does not represent the fund's performance. It is not possible to invest directly in an index.
Average annual returns illustrate the annual compounded returns that would have produced the cumulative total return if the fund's performance had remained constant throughout the period indicated. Returns for periods less than one year are not annualized.
30-Day SEC Unsubsidized Yield
5.05%
As of 01/30/2026
12 Month Distribution Rate
5.24%
As of 01/30/2026
30-Day SEC Unsubsidized Yield: Represents net investment income earned by a fund over a 30-day period, expressed as an annual percentage rate based on the fund's share price at the end of the 30-day period. Unsubsidized yield does not adjust for any fee waivers and/or expense reimbursements in effect.
12 Month Distribution Rate: The sum of a fund's total trailing 12-month interest and dividend payments divided by the most recent day's ending share price (NAV).
Yield to Worst: Lowest yield possible for a security given the current price, taking into account both call dates and maturity.
Yield to Maturity: The internal rate of return of the security based on the given market price—it is the single discount rate that equates a security price (inclusive of accrued interest) with its projected cashflows.
Past performance is no guarantee of future results. Investment returns will fluctuate and it is possible to lose money.
FREQUENCY
Monthly
| Total Paid | Ordinary Dividends | Reinvest Price | |
|---|---|---|---|
| 12/16/2025 | $0.2223 | $0.2223 | $50.32 |
| 12/01/2025 | $0.2132 | $0.2132 | $50.43 |
| 11/03/2025 | $0.2131 | $0.2131 | $50.48 |
| 10/01/2025 | $0.2362 | $0.2362 | $50.49 |
| 09/02/2025 | $0.2188 | $0.2188 | $50.52 |
| 08/01/2025 | $0.2441 | $0.2441 | $50.50 |
| 07/01/2025 | $0.2166 | $0.2166 | $50.50 |
| 06/02/2025 | $0.2423 | $0.2423 | $50.47 |
| 05/01/2025 | $0.2428 | $0.2428 | $50.39 |
| 04/01/2025 | $0.205 | $0.205 | $50.45 |
| 03/03/2025 | $0.1975 | $0.1975 | $50.53 |
| Weighted Average Coupon | 5.29% As of 12/31/2025 |
| Option Adjusted Duration | 0.18 Years As of 12/31/2025 |
| Option Adjusted Spread | 143.76 As of 12/31/2025 |
| Holdings | 60 As of 12/31/2025 |
As of 12/31/2025
| CLOs | 31% |
| Non-Agency CMBS | 27% |
| US Government | 11% |
| Non-Agency CMOs | 10% |
| ABS | 9% |
| Cash/Currency | 7% |
| Agency CMOs | 5% |
Due to rounding, these values may exceed 100%.
Negative weights may be due to open security or capital stock
trades at period end and/or unrealized loss on derivative positions as a percent of net assets at period end.
As of 02/04/2026
| US TREASURY FRN 01/27 VAR | 9.86% |
| SSC GOVERNMENT MM GVMXX | 7.98% |
| LCM LTD PARTNERSHIP LCM 35A BR 144A | 4.40% |
| FANNIE MAE FNR 2025 35 HF | 3.70% |
| ATLAS SENIOR LOAN FUND LTD ATCLO 2021 17A B1 144A | 3.30% |
| BATTALION CLO LTD BATLN 2021 19A B 144A | 3.16% |
| BX TRUST BX 2022 CSMO A 144A | 2.53% |
| CREDIT SUISSE MORTGAGE TRUST CSMC 2021 BHAR A 144A | 2.50% |
| SREIT TRUST SREIT 2021 MFP A 144A | 2.27% |
| GS MORTGAGE BACKED SECURITIES GSMBS 2024 HE1 A1 144A | 2.24% |
| % of Top Portfolio Holdings | 41.94% |
Due to rounding, these values may exceed 100%.
Negative weights may be due to open security or capital
stock trades at period end and/or unrealized loss on derivative positions as a percent of net assets at period
end.
As of 12/31/2025
| U.S. Government | 16.51% |
| AAA | 31.09% |
| AA | 21.37% |
| A | 18.70% |
| BBB | 4.46% |
| Non Rated | 1.11% |
| Cash and Cash Equivalents | 6.77% |
Due to rounding, these values may exceed 100%
Negative weights may be due to open security or capital stock trades at period end and/or unrealized loss on derivative positions as a percent of net assets at period end.
As of 12/31/2025
| 0 - 1 Years | 43.65% |
| 1 - 3 Years | 22.83% |
| 3 - 5 Years | 16.69% |
| 5 - 10 Years | 16.83% |
Due to rounding, these values may exceed 100%
Negative weights may be due to open security or capital stock trades at period end and/or unrealized loss on derivative positions as a percent of net assets at period end.
2.54 Years Weighted Average Life to Maturity
As of 01/31/2026
As of 12/31/2025
| 0 - 2 Years | 100.00% |
Due to rounding, these values may exceed 100%
Negative weights may be due to open security or capital stock trades at period end and/or unrealized loss on derivative positions as a percent of net assets at period end.
0.18 Years Average Effective Duration
Additional Resources
How to Buy
Individual investors: Open a new brokerage account or use an existing brokerage account.
Open New Brokerage Account Log In NowFinancial Advisors: Contact your wholesaler at 1-800-345-6488 for more information.
Index performance does not represent the fund's performance. It is not possible to invest directly in an index.
Exchange Traded Funds (ETFs) are bought and sold through exchange trading at market price (not NAV), and are not individually redeemed from the fund. Shares may trade at a premium or discount to their NAV in the secondary market. Brokerage commissions will reduce returns.
This fund is an actively managed ETF that does not seek to replicate the performance of a specified index. To determine whether to buy or sell a security, the portfolio managers consider, among other things, various fund requirements and standards, along with economic conditions, alternative investments, interest rates and various credit metrics. If the portfolio manager considerations are inaccurate or misapplied, the fund's performance may suffer.
The interest rate and corresponding payment that floating rate securities are expected to pay adjust at predetermined dates on a periodic basis. Securities with floating interest rates are generally less sensitive to interest rate changes than securities with fixed interest rates, but they may decline in value if their interest rates do not rise as much, or as quickly, as comparable market interest rates. In addition, floating rate securities held by the fund may be less liquid or more difficult to sell than other securities. If it becomes necessary for the fund to sell less liquid securities, it could have an adverse effect on the fund, especially during periods of market turbulence or unusually low trading activity.
The value of the securities that the fund principally invests in may be secured or backed by other underlying assets or obligations. As such, the value of these securities may affected by the market value of the underlying assets, changes in the distributions on the underlying assets, defaults and recoveries on the underlying assets, capital gains and losses on the underlying assets, prepayments on underlying assets and the availability, prices and interest rate of underlying assets. In addition, these securities may be subject to number of additional risks, including interest rate, market, credit and correlation risk. Use of certain types of these securities can create economic leverage in the fund's portfolio, which may result in significant volatility and cause the fund to participate in losses in an amount that exceeds the fund's initial investment. Also, the value of these securities may decrease based on the inability or perceived inability of a security's issuer or obligated party to make interest and principal payments.
Duration, which is an indication of the relative sensitivity of a security's market value to changes in interest rates, is based upon the aggregate of the present value of all principal and interest payments to be received, discounted at the current market rate of interest and expressed in years. The longer the weighted average duration of the fund's portfolio, the more sensitive its market value is to interest rate fluctuations. Duration is different from maturity in that it attempts to measure the interest rate sensitivity of a security, as opposed to its expected final maturity.
Generally, as interest rates rise, the value of the bonds held in the fund will decline. The opposite is true when interest rates decline.
The lower rated securities in which the fund invests are subject to greater credit risk, default risk and liquidity risk.
The gross expense ratio is the fund's total annual operating costs, expressed as a percentage of the fund's average net assets for a given time period. It is gross of any fee waivers or expense reimbursement. The net expense ratio is the expense ratio after the application of any waivers or reimbursement. This is the actual ratio that investors paid during the fund's most recent fiscal year. Please see the prospectus for more information.
Brokerage Services are provided by American Century Brokerage, a division of American Century Investment Services, Inc., registered broker/dealer, member FINRA, SIPC .
A sub index of the Bloomberg U.S. Short Treasury Index, the Bloomberg U.S. 1-3 Month Treasury Bill Index is composed of zero-coupon Treasury bills with a maturity between 1 and 3 months. As Treasury bonds and notes fall below one year-to-maturity and exit the Bloomberg U.S. Treasury Index, they become eligible for the Bloomberg U.S. Short Treasury Index. It excludes zero coupon strips.
Source: Bloomberg Index Services Ltd
Exchange Traded Funds (ETFs): Foreside Fund Services, LLC - Distributor, not affiliated with American Century Investment Services, Inc.