YTD TOTAL RETURN
--
NAV
As of 06/16/2026
--
MARKET PRICE
EXPENSE RATIO
--
NET
As of 5/27/2026
0.29%
GROSS
NAV
$50.14
Prices as of 06/16/2026
MARKET PRICE
$50.13
YTD TOTAL RETURN As of 06/16/2026 NAV Market Price | -- -- |
EXPENSE RATIO As of 5/27/2026 Net Gross | -- 0.29% |
NAV Prices as of 06/16/2026 | $50.14 0.05% ($0.02) |
Market Price | $50.13 0.05% ($0.02) |
An active ETF that seeks to deliver high income and diversification benefits relative to traditional core fixed income sectors primarily through investments in often underrepresented asset-backed securities (ABS) and other securitized subsectors.
Diversification Beyond Traditional Fixed Income
Provides diversification beyond core bond holdings, backed by real-economy exposures. It focuses on high-quality and lower-duration U.S. securitized debt securities in non-traditional asset-backed categories, including aircraft leases, equipment leases, consumer loans, cell towers, and digital infrastructure.
Seeks Enhanced Income and Risk-Adjusted Returns
We pursue opportunities through a robust, repeatable process driven by fundamental research. This approach is complemented by proprietary quantitative models and tools designed to enhance portfolio construction and enhance risk management.
Structural Risk Management and Transparency
Risk management is an integral part of the investment approach. All securities undergo a rigorous quantitative and qualitative assessment and stress testing. Investments are assessed versus each other from a relative value perspective and only the team’s best ideas make it into the portfolio.
Key Facts
Investment Objective | Seeks to provide a high level of current income and total return |
Inception Date | 05/27/2026 |
Benchmark | Bloomberg U.S. Asset Backed Securities (USD Unhedged)A |
Total Assets | $20,054,639 As of 06/16/2026 |
Shares Outstanding | 400,000.00 As of 06/16/2026 |
Distribution Frequency | Monthly (Non-Daily Accrual) |
Fees
| Gross Expense Ratio | 0.29% |
Trading Information
| Ticker | ASEC |
| CUSIP | 02507A861 |
| ISIN | US02507A8615 |
| SEDOL | BW60922 |
| Exchange | Nasdaq |
Fees
| Gross Expense Ratio | 0.29% |
Trading Information
| Ticker | ASEC |
| CUSIP | 02507A861 |
| ISIN | US02507A8615 |
| SEDOL | BW60922 |
| Exchange | Nasdaq |
As of 06/16/2026
Daily Market Prices
| Closing Price | $50.13 |
| Bid Ask Midpoint | $50.13 |
| Day High Price | $50.13 |
| Day Low Price | $50.13 |
| Bid Ask Spread | 0.20% |
| 30-Day Median Bid Ask Spread | 0.20% |
52-Week Range
| 52-Week High | $50.65 |
| 52-Week Low | $49.96 |
| Days > +/- 0.5% of NAV | 0 |
| Percent > +/- 0.5% of NAV | 0% |
| Days at Premium | 0 |
| Days at NAV | 0 |
| Days at Discount | 0 |
| Greatest Premium | 0% |
| Greatest Discount | 0% |
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
12 Month Distribution Rate
--
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
Data is not available at this time.
As of 05/31/2026
| Government | 49% |
| Securitized | 48% |
| Cash & Cash Equivalents | 2% |
| Emerging Markets | 1% |
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 06/16/2026
| US TREASURY N/B 05/29 3.875 | 18.89% |
| US 2YR NOTE (CBT) SEP26 XCBT 20260930 | 9.26% |
| WOODWARD CAPITAL MANAGEMENT RCKT 2025 CES1 A2 144A | 1.25% |
| LYRA MUSIC ASSETS (DELAWARE) L LYRA 2024 2A A2 144A | 1.16% |
| PROGRESS RESIDENTIAL TRUST PROG 2022 SFR4 C 144A | 1.13% |
| MVW OWNER TRUST MVWOT 2024 2A B 144A | 1.13% |
| PAGAYA AI DEBT SELECTION TRUST PAID 2025 1 C 144A | 1.07% |
| VERUS SECURITIZATION TRUST VERUS 2026 R1 A2 144A | 1.02% |
| VERUS SECURITIZATION TRUST VERUS 2025 R2 A3 144A | 1.02% |
| DWIGHT 2025 FL1 ISSUER LLC DWIGHT 2025 FL1 C 144A | 1.02% |
| % of Top Portfolio Holdings | 36.95% |
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 05/31/2026
| U.S. Government | 49.33% |
| AAA | 4.64% |
| AA | 17.23% |
| A | 19.90% |
| BBB | 0.99% |
| Non Rated | 5.98% |
| Cash and Cash Equivalents | 1.92% |
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 05/31/2026
| 0 - 1 Years | 2.91% |
| 1 - 3 Years | 76.87% |
| 3 - 5 Years | 15.50% |
| 5 - 10 Years | 4.72% |
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.
3.04 Years Weighted Average Life to Maturity
As of 05/31/2026
As of 05/31/2026
| 0 - 2 Years | 18.16% |
| 2 - 4 Years | 75.13% |
| 4 - 6 Years | 4.45% |
| 6 - 8 Years | 2.25% |
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.
2.74 Years Average Effective Duration
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.
Fixed-income investments are subject to interest rate risk. Generally, as interest rates rise, the value of the securities held in the fund will decline. The opposite is true when interest rates decline. In addition, the lower-rated debt securities in which the fund invests are subject to greater credit risk and liquidity risk. Credit risk is the risk that an obligation won't be paid and a loss will result. Liquidity risk is the risk that the fund will have difficulty selling its debt securities.
Derivatives may be more sensitive to changes in market conditions and may amplify risks.
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 .
Bloomberg U.S. Asset Based Securities Index (USD Unhedged) is a broad-based flagship benchmark that measures the investment grade, US dollar-denominated, fixed-rate taxable bond market. The index only includes ABS securities. Provided the necessary inclusion rules are met, US Aggregate eligible asset backed securities also contribute to the multi-currency Global Aggregate Index and the US Universal Index. The index includes securities with a remaining average life of at least one year. The Index was launched in March 1994, with history backfilled to December 1, 1991.
Source: Bloomberg Index Services Ltd
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Exchange Traded Funds (ETFs): Foreside Fund Services, LLC - Distributor, not affiliated with American Century Investment Services, Inc.