American Century Renames Floating Income ETF as Strategy Evolves

American Century will rename the American Century Multisector Floating Income ETF to the American Century Ultrashort Income ETF effective September 14, 2026. Alongside the name change, the fund will eliminate its policy requiring at least 80% of assets to be invested in floating-rate securities. The update gives the portfolio greater flexibility to invest across ultrashort fixed-income opportunities while reflecting a broader investment approach under its new name.