- Sector
- Financial Services
- Industry
- Asset Management - Income
- Address
- 4500 Main Street Kansas City MO United States of America 64111
- IPO Date
- Mar 22, 2023
- Business
- American Century ETF Trust - American Century Multisector Floating Income ETF (FUSI) is an actively managed exchange-traded fund that seeks current income as its primary objective and long-term capital appreciation as a secondary objective by investing principally in a diversified portfolio of floating-rate securities, including investment-grade collateralized loan obligations, commercial mortgage-backed securities, residential mortgage-backed securities, asset-backed securities, credit risk transfer securities, corporate credit, and sovereign debt; it may allocate up to 35% of its assets to below-investment-grade securities such as bank loans and related floating-rate instruments, with a target duration of less than one year to mitigate interest rate sensitivity. The fund, which holds approximately 113 securities with asset-backed securities comprising over 87% of the portfolio, complements core fixed-income holdings through broad credit diversification across global fixed-income markets and benchmarked against the Bloomberg U.S. 1-3 Month Treasury Bill Index, features a gross expense ratio of 0.28% and monthly dividend distributions. Launched on March 14, 2023, and listed on the New York Stock Exchange, FUSI operates under the American Century ETF Trust, sponsored by American Century Investments, a global asset manager founded in 1958 and headquartered in Kansas City, Missouri, with additional offices in New York, Los Angeles, Santa Clara, London, Frankfurt, Hong Kong, and Sydney; the fund targets financial professionals, institutions, corporations, and individual investors seeking floating-rate income exposure. In recent developments, the fund marked its 2023 inception as the latest addition to American Century's active ETF lineup, which expanded from its 2018 program launch to over $21 billion in assets under management by early 2023, complementing products like Short Duration Strategic Income ETF (SDSI) and Multisector Income ETF (MUSI) through its high-credit-quality floating-rate focus amid rising rate environments. As of mid-2025, FUSI maintains approximately $50 million in total assets with ongoing portfolio management by Charles Tan, Peter Van Gelderen, and Jason Greenblath, reflecting steady operational growth and sustained monthly income distributions without reported acquisitions, partnerships, or structural changes in the last 1-2 years.