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ASEC

GradeBNASDAQ Global Market

American Century Securitized Credit ETF

Specialty Bonds · American Century · Inception 2026-05-27

$49.39−0.03 (−0.06%)

As of Sep 23, 2026, 1:58 PM EDT

History starts May 27, 2026.History starts May 27, 2026.History starts May 27, 2026.
Intraday session: down, 8 prints from 49.42 to 49.39. Range 49.02 to 49.48. Use the arrow keys to read each point.$49.00$49.2010 AM12 PM2 PM4 PM
Expense ratio
0.29%
Fund size
$20M
1Y return
—
Yield · Last 12 months
Data unavailable
Holdings
111
Volume · 30D
0M sh
NAV per share
$49.42
52W range
low $49.38high $50.65

The ETF.net ASEC Grade

B

56/ 100

Rank 13 of 34 in Collateralized Loan Obligations (CLO)⁠

Confidence Medium

Six-pillar profile for ASEC. Scores out of 100: Cost 50, Risk 65, Mission not scored, Tradability 51, Holdings 81, Durability 36. Strongest: Holdings (81). Weakest: Durability (36). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 56 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    CScore 50
    Category rank17/34 · top 50%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    BScore 65
    Category rank14/33 · top 42%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    CScore 51
    Category rank18/34 · mid-pack

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    AScore 81
    Category rank6/34 · top 18%

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    DScore 36
    Category rank27/34 · bottom quartile

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on ASEC

ETF.net Research

BMost of its peer group buys one thing: AAA CLOs. ASEC casts wider, actively picking investment-grade securitized debt tied to aircraft leases, cell towers and consumer loans, at a fee sitting right at the category median.

Stated mandate

The fund is actively managed to seek high current income and total return through high-quality, lower-duration U.S. securitized debt, including underrepresented asset-backed securities and other securitized subsectors.

Why people hold it

  1. 01Reaches past the CLO aisle into esoteric asset-backed paper: aircraft leases, equipment leases, consumer loans, cell towers, digital infrastructure.americancentury.com
  2. 02The mandate is written down: at least 80% of net assets in securitized credit, with a focus on investment-grade U.S. issues and lower duration.finance.yahoo.comamericancentury.com
  3. 03At 0.29%, the fee lands exactly at the median for its securitized-credit peers, and income is paid quarterly across roughly 100 holdings.
  4. 04Human judgment, not an index: American Century's team picks the collateral, which is the point in a corner of the bond market where deals differ a lot.americancentury.com

Worth knowing

  1. 01Cheaper AAA CLO options exist (PAAA at 0.19%, JAAA and CLOA at 0.20%). You pay up here for a broader, actively chosen securitized mix.
  2. 02Launched in 2026, so the track record is short, and an active fund has no index to measure it against.
  3. 03It is a small, thinly traded fund, where bid/ask spreads tend to run wider than in the category's giants.

ASEC Holdings

As of Sep 22, 2026, 8:31 PM
Asset class
Bonds
Holdings
111
Top-10 weight
12%
Largest holding
US TREASURY N/B 05/29 3.8751.8%

Geography

  • United States100.00%
The fund’s holdings, weight-ordered — page 1 of 8.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—US TREASURY N/B 05/29 3.8751.79%360,000$352K25
002—SUNRUN IRIS ISSUER SUNRN 2023 1A A 144A1.36%300,000$267K1
003—WOODWARD CAPITAL MANAGEMENT RCKT 2025 CES1 A2 144A1.27%250,000$249K1
004—SSC GOVERNMENT MM GVMXX1.21%238,553$239K89
005—(SUNNOVA) AURORA I ISSUER, LLC SNVA 2023 A A 144A1.17%300,000$230K1
006—LYRA MUSIC ASSETS (DELAWARE) L LYRA 2024 2A A2 144A1.17%250,000$230K4
007—PROGRESS RESIDENTIAL TRUST PROG 2022 SFR4 C 144A1.14%230,000$224K1
008—MOSAIC SOLAR LOANS LLC MSAIC 2025 1A A 144A1.11%300,000$218K1
009—US DOLLAR1.06%208,144$208K223
010—DWIGHT 2025 FL1 ISSUER LLC DWIGHT 2025 FL1 C 144A1.04%200,000$204K1
011—SCE RECOVERY FUNDING LLC SR SECURED 06/59 6.0931.03%200,000$203K9
012—VERTICAL BRIDGE CC, LLC VBTOW 2025 1A C 144A1.02%200,000$201K3
013—MOSAIC SOLAR LOANS LLC MSAIC 2023 3A A 144A1.02%350,000$201K2
014—CONTINENTAL FINANCE CREDIT CRE CFCC 2024 A B 144A1.02%200,000$201K1
015—CONSOLIDATED COMMUNICATIONS LL CNSL 2025 1A A2 144A1.02%200,000$200K6

Showing 1–15 of 107 holdings

ASEC Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

ASEC$10,004
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,415
Jun 22, 2026 to Sep 22, 2026. ASEC $10,004. SPY $10,415. Use the arrow keys to read each point.$9,741$10,122$10,502Jun 2026Aug 2026Sep 2026

Jun 22, 2026 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for ASEC. Periods over one year show the average yearly return.
PeriodASEC
Year to dateFund launched this year—
1 month−0.6%
3 months+0.0%
1 yearFund is under 1 year old—
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for ASEC
YearReturn barASEC
2026 YTD+100.3%

Since listing, May 27, 2026

ASEC in the news

ETF.net Research hasn’t filed on ASEC yet — coverage lands here as it’s written.

ASEC Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
Data unavailableLast 12 months
Payout per share
Data unavailableLast 12 months
Last payment
$0.20 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution data unavailable.

Distribution history

2026

One bar per payment. 3 payments in 2026 YTD. Jul 7, 2026 $0.23; Aug 6, 2026 $0.23; Sep 4, 2026 $0.20. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Sep 4, 2026Sep 8, 2026$0.20
Aug 6, 2026Aug 10, 2026$0.23
Jul 7, 2026Jul 9, 2026$0.23

ASEC Risk

How much the fund’s monthly returns vary, scaled to a year.
—
Launched May 2026; fills in after 12 months
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
—
Launched May 2026; fills in after 12 months
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
—
Launched May 2026; fills in after 12 months
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
−0.12
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

ASEC Cost

Expense ratio0.29%
  • The middle half of Collateralized Loan Obligations (CLO) funds
  • Median 0.29%

16 of the 34 Collateralized Loan Obligations (CLO) funds charge less.

ASEC costs $29.00 a year on $10,000. The median Collateralized Loan Obligations (CLO) fund costs $29.00.