ETF Evaluator: American Century Securitized Credit ETF () Follow This ETF

American Century Securitized Credit ETF Overview

American Century Securitized Credit ETF (ASEC) is an actively managed Taxable Bond Securitized Bond - Diversified exchange-traded fund (ETF). American Century Investments launched the ETF in 2026.

The investment seeks to provide a high level of current income and total return. The fund will invest at least 80% of its net assets (plus borrowings for investment purposes) in securitized credit investments. It generally intends to focus on investment grade, U.S. securitized debt securities in non-traditional asset-backed sectors (such as aircraft leases, equipment leases, consumer loans, cell towers, and digital infrastructure). The fund will invest primarily in U.S. dollar-denominated securities.

About American Century Securitized Credit ETF (ASEC)

There are 2 members of the management team with an average tenure of 0.18 years: Michael Waggaman (2026) and Paul Norris (2026). Management tenure is more important for actively managed ETFs than passive index ETFs.

American Century Securitized Credit ETF has 110 securities in its portfolio. The top 10 holdings constitute 19.9% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a diversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.

American Century Securitized Credit ETF is part of the Fixed Income global asset class and is within the Taxable Bond ETF group. American Century Securitized Credit ETF has 0.6% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 0.0% There is 0.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 98.1% (97.5% domestic bond, 0.6% foreign bond and 0.0% convertible bond). American Century Securitized Credit ETF has 1.9% of the portfolio in cash.

Assets Under Management

The fund has $19 million in total assets, which is below the $912 million average for the Securitized Bond - Diversified category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

ASEC Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The American Century Securitized Credit ETF expense ratio is below average compared to funds in the Securitized Bond - Diversified category. American Century Securitized Credit ETF has an expense ratio of 0.29%, which is 30% lower than its category average, making the fund expense ratio grade a A. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. American Century Securitized Credit ETF has a portfolio turnover rate of 0%, which indicates that it holds its assets around /years. By way of comparison, the average portfolio turnover is 154% for the Securitized Bond - Diversified category.

Recently, in the month of July 2026, American Century Securitized Credit ETF returned 0.2%, which earned it a grade of A, as the Securitized Bond - Diversified category had an average return of -0.4%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.

American Century Securitized Credit ETF has a trailing yield of 0.00%, which is below the 5.35% category average. The fund normally distributes its income monthly and its capital gains annually.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

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