American Century Multisector Floating Income ETF (NYSE : FUSI ) Stock

The fund seeks income. As a secondary objective, the fund seeks long-term capital appreciation. The portfolio managers will invest at least 80% of the funds net assets, plus any borrowings for investment purposes, in floating rate securities. The portfolio managers select securities using a sector rotation approach that integrates macroeconomic inputs, technical analysis of the relative value among various sectors, and fundamental research on individual securities. A proprietary macroeconomic framework provides interest rate and duration guidelines for the fund by analyzing economic activity, inflation, and monetary policy. The funds sector allocation process attempts to identify undervalued sectors of the floating rate debt market using fundamental analysis of current and historical spreads and expected returns. The sector analysis combined with the macroeconomic framework determines the funds sector allocations.