FUSI
American Century Multisector Floating Income ETF
📎 Investment Objective
The American Century Multisector Floating Income ETF (FUSI) seeks to provide a high level of current income by investing in a diversified portfolio of floating-rate debt securities.
Overview
ETF tracking American Century Multisector Floating Income ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The American Century Multisector Floating Income ETF (FUSI) seeks to provide a high level of current income by investing in a diversified portfolio of floating-rate debt securities.
🎯 Investment Strategy
The fund invests primarily in floating-rate debt securities, including bank loans, floating-rate notes, and other floating-rate instruments. The portfolio managers aim to construct a diversified portfolio across various sectors and credit qualities to generate a high level of current income.
✨ Key Features
- Focuses on floating-rate debt securities to provide a high level of current income
- Diversified portfolio across sectors and credit qualities
- Actively managed by experienced portfolio managers
- Low expense ratio of 0.00%
⚠️ Primary Risks
- Credit risk: The fund is exposed to the risk of default or downgrade of the underlying debt securities
- Interest rate risk: Floating-rate securities may still be subject to interest rate fluctuations
- Liquidity risk: Some of the underlying securities may have limited liquidity, which could impact the fund's ability to sell them
- Sector concentration risk: The fund's performance may be more sensitive to developments in specific sectors
👤 Best For
This ETF may be suitable for investors seeking a high level of current income and who are comfortable with the risks associated with investing in a diversified portfolio of floating-rate debt securities. It may be particularly appealing to investors seeking to mitigate interest rate risk in their fixed-income allocations.