American Century California Municipal Bond ETF

CATF

Market cap $55.3M

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.