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American Century Investments Reduces Management Fees on Four ETFs

American Century Investments has officially announced a reduction in the management fees of four of its exchange-traded funds (ETFs), demonstrating its ongoing commitment to providing value to its investors. The new fee structure took effect on August 1, 2026, impacting the American Century California Municipal Bond ETF (CATF), American Century Diversified Municipal Bond ETF (TAXF), American Century Multisector Floating Income ETF (FUSI), and American Century Quality Diversified International ETF (QINT).

Victor Zhang, the Chief Investment Officer, emphasized the firm's philosophy of prioritizing client needs since its inception. He stated, "From the beginning, our vision has been that making clients successful would make us successful. This approach sets American Century apart from other firms and forms the foundation of our ongoing success." This reduction serves as another testament to their dedication to investor satisfaction and reflects their proactive adjustments in a competitive marketplace.

Details of Fee Reductions

The management fees for each of the four ETFs have been adjusted to enhance investor returns:

• - American Century California Municipal Bond ETF (CATF)

- Previous Management Fee: 0.27%
- Fee Reduction: -2 basis points
- New Management Fee: 0.25%
- Total Annual Fund Operating Expenses: 0.25%

• - American Century Diversified Municipal Bond ETF (TAXF)

- Previous Management Fee: 0.29%
- Fee Reduction: -4 basis points
- New Management Fee: 0.25%
- Total Annual Fund Operating Expenses: 0.25%

• - American Century Multisector Floating Income ETF (FUSI)

- Previous Management Fee: 0.27%
- Fee Reduction: -8 basis points
- New Management Fee: 0.19%
- Total Annual Fund Operating Expenses: 0.19%

• - American Century Quality Diversified International ETF (QINT)

- Previous Management Fee: 0.39%
- Fee Reduction: -6 basis points
- New Management Fee: 0.33%
- Total Annual Fund Operating Expenses: 0.34%

This strategic decision marks a significant move for American Century Investments, which entered the ETF market in 2018 and has since established itself as the fourth-largest issuer of active ETFs in the U.S. With over $680 million in assets for the TAXF and about $650 million for QINT, the firm has shown impressive growth as it continues to expand its offerings in this domain.

Commitment to Client Success

American Century’s focus on client success is further reinforced by its model of distributing 40% of its dividends to the Stowers Institute for Medical Research, a nonprofit organization dedicated to biomedical research. Since 2000, the Institute has received over $2 billion in dividends, underlining the company's commitment to contributing to impactful causes while delivering solid investment options to its clients.

Founded in 1958 and headquartered in Kansas City, Missouri, American Century Investments boasts a workforce of approximately 1,400 employees across various offices in the U.S. and international locations, including New York, Los Angeles, London, and Frankfurt. This broad geographical reach allows it to better serve its clientele, which includes financial professionals, institutions, corporations, and individual investors.

In conclusion, the recent fee reductions not only illustrate American Century Investments' dedication to enhancing value for investors but also reflect a broader strategy of prioritizing client needs in a constantly evolving financial market. As the firm continues to grow and innovate, investors can look forward to more adjustments and offerings that are made with their best interests in mind.