ABND Fees and Costs — American Century Multisector Income ETF
Data updated: 2026-10-06
The net expense ratio is 0.32%. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $16K in broker commissions, 0.0088% of average net assets, and portfolio turnover was 163%.
ABND Fees and Expenses
Annual operating expenses and sales charges of ABND. Prospectus, as of May 5, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.29% |
| 12b-1 fee | — |
| Other expenses | 0.01% |
| Gross expense ratio | 0.32% |
| Fee waiver | — |
| Net expense ratio | 0.32% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
ABND Costs Over Time
On $10,000 invested in ABND, assuming 5% a year before costs, total costs come to $208 over 5 years, cutting the return by 0.35% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.32%) | $34 | $106 | $184 |
| Trading costs (broker commissions) | $1 | $3 | $5 |
| Lost growth on money paid in costs | $0 | $5 | $19 |
| Total costs | $35 | $114 | $208 |
| Value after costs | $10,465 | $11,462 | $12,554 |
| Impact on return, per year | 0.35% | 0.35% | 0.35% |
ABND Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0088%
- Total broker commissions: $16K
- Bought from dealers (principal trades, not a cost): $514.0M
- Portfolio turnover (prospectus): 163%
- Securities on loan, average value: $2.0M
- Net income from securities lending: $18K (0.010% of average net assets)
ABND Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Bank of America Merrill Lynch | $16K | 100.00% |
ABND Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Barclays Capital | $57.2M | 16.29% |
| J.P. Morgan Securities | $55.5M | 15.82% |
| Bank of America Merrill Lynch | $52.6M | 14.97% |
| Morgan Stanley | $38.5M | 10.97% |
| Goldman Sachs | $36.7M | 10.44% |
| Citigroup Capital Markets Inc | $32.5M | 9.26% |
| Wells Fargo Securities | $27.5M | 7.82% |
| HSBC Securities Incorporated | $18.4M | 5.23% |
| BMO Capital Markets | $18.2M | 5.20% |
| Deutsche Bank | $14.0M | 4.00% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.