American Century Multisector Floating Income ETF (FUSI)
ARCA ARCA Primary Summary
FUSI Chart
Multisector Bond ETF FUSI Gets 5-Star Rating From Morningstar
Clients may love the relative safety of cash, but many advisors know those assets could do more. A multisector bond approach for example, offers plenty of rewards for those willing to dive in.
Look to Income ETFs to Boost Portfolios Amid Uncertainty
Tired of market selloff drama and turmoil? It may be time to add some dividend exposure via income ETFs.
American Century Multisector Floating Income ETF (FUSI) FAQ
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Has American Century Multisector Floating Income ETF ever had a stock split?
American Century Multisector Floating Income ETF Profile
| ARCA Exchange | US Country |
Overview
The company operates as an investment fund focusing on floating rate securities. Under typical market conditions, its portfolio managers allocate at least 80% of the fund’s net assets, in addition to any borrowings for investment purposes, to floating rate securities. They prioritize securitized credit instruments, ensuring a diversified investment approach. While the fund primarily targets investment-grade securities, it reserves the potential to invest up to 35% of its portfolio in below investment grade securities, balancing risk and opportunity for investors.
Products and Services
- Collateralized Loan Obligations (CLOs): These are securities backed by pools of debt, often consisting of loans to corporations with various ratings. The fund invests in CLOs to diversify its income sources and manage risk through secured and prioritized repayment structures.
- Credit Risk Transfer Securities: Instruments designed to transfer credit risk from the original lender to other investors. Investing in these allows the fund to engage in credit risk-sharing initiatives, potentially earning returns on higher risk premiums.
- Floating Rate Commercial Mortgage Securities: These are bonds secured by the mortgages on commercial properties, with interest rates that reset periodically. The fund’s investment in these securities aims to capture interest income that adjusts with market conditions, offering potential protection against rate increases.
- Mortgage- or Asset-Backed Securities: Securities underpinned by mortgage payments or other assets. The fund includes these in its portfolio to benefit from the consistent cash flows generated from underlying assets, providing a steady income stream while mitigating risk.
