American Century California Municipal Bond ETF

CATF

Market cap $77.9M

California isn't just the largest state by population. It's the largest issuer of municipal bonds, presenting its residents and fixed income investors all over the country with an array of opportunities.

With advisor enthusiasm mounting towards fixed income strategies, many portfolios are looking to build municipal bond exposure. Joe Gotelli, vice president and senior portfolio manager for American Century Investments®, recently sat down with VettaFi to break down the advantages of municipal bonds, American Century's fund library, and more.

On Thursday, American Century Investments launched the American Century California Municipal Bond ETF (CATF). With a net expense ratio of 0.27%, CATF is an actively managed fund.