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American Century Lowers Fees on Four International, Income ETFs

BY | ETF Database
9:49 am ET 08/04/26 | 8 VIEWS
The ETF landscape is a very competitive one right now, with more and more funds launched each year. That is producing a lot of fee competition as firms look to earn investor assets and bring attention to their standout strategies. American Century Investments announced that four of its ETFs received fee reductions Tuesday, the largest coming for the American Century Multisector Floating Income ETF (MUSI ).Key Takeaways: American Century Investments dropped fees on four funds, with the largest drop being eight bps. The firm’s muni ETF duo, TAXF and CATF, both saw fees drop to 25 bps. The move comes amid growing industry interest in muni and income ETFs. MUSI’s fee dropped from 27 basis points (bps) to 19 bps, effective August 1st. Two other fixed income ETFs and one equity ETF also saw reduced fees at the firm. That includes the American Century California Municipal Bond ETF (CATF C+) and the American Century Diversified Municipal Bond ETF (TAXF ). The muni ETF duo saw its fees drop from 27 bps and 29 bps. Both now charge 25 bps. The American Century Quality Diversified International ETF (QINT B+) saw its fee drop from 39 bps to 33 bps, as well. While that group of fee reductions doesn’t bring those fees into the bottommost group for the firm’s ETFs, they do meaningfully reduce their costs. Especially for strategies like the muni ETF duo and MUSI which focus on lowering tax bills and adding income, those basis points can help. See more: American Century Muni Bonds Leader Gotelli Talks Outlook “Whatever the investment strategy or vehicle, we prioritize client needs. This set American Century apart from other firms from the beginning and is the foundation for our continued success,” said Victor Zhang, chief investment officer for American Century, per the release. “The fee reduction for CATF, TAXF, FUSI and QINT is another example of us delighting clients and providing better value to investors in both our actively managed and rules-based ETFs,” he added.Income ETFs Competition Grows as American Century Lowers FeesAccording to American Century Investments data, MUSI has produced a 5.48% 12-month distribution rate as of July 31st. TAXF, meanwhile, has provided a 3.84% 12-month distribution rate as of June 30th. CATF has delivered a 3.57% rate as of July 31st. Together, those funds now become more competitive for assets in those critical spaces. For those looking at income ETFs or a solid diversifier like QINT, their lower fees may add to their appeal. For more news, information, and analysis, visit the Core Strategies Content Hub. VettaFi LLC (“VettaFi”) is the index provider for QINT, for which it receives an index licensing fee. However, QINT is not issued, sponsored, endorsed, or sold by VettaFi, and VettaFi has no obligation or liability in connection with the issuance, administration, marketing, or trading of QINT.

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