American Century Cuts Fees on Four ETFs

American Century Investments has reduced management fees on four ETFs, effective August 1, 2026, as part of its effort to enhance value for investors. The fee cuts apply to the American Century California Municipal Bond ETF (CATF), Diversified Municipal Bond ETF (TAXF), Multisector Floating Income ETF (FUSI), and Quality Diversified International ETF (QINT). The largest reduction was for FUSI, whose fee fell from 0.27% to 0.19%, while CATF and TAXF now charge 0.25% and QINT was reduced to 0.33%. The move continues a broader industry trend of lowering ETF costs as asset managers compete for investor assets.