---
ticker: "TAXF"
name: "American Century Diversified Municipal Bond ETF"
url: "https://etf.net/etf/TAXF"
grade: "A"
score: 73
graded_at: "2026-10-12"
category: "Other Municipal Bond"
category_rank: "12 of 63"
methodology: "https://etf.net/methodology"
---

# TAXF: American Century Diversified Municipal Bond ETF

Grade **A**, Score 73 of 100. Rank 12 of 63 in Other Municipal Bond.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 71 | 17 of 63 |
| Mission | 95 | 18 of 59 |
| Risk | 53 | 26 of 63 |
| Tradability | 59 | 22 of 63 |
| Holdings | 82 | 13 of 63 |
| Durability | 61 | 29 of 63 |

## Top holdings

The fund holds 785 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | BlackRock Cash Sweep BlackRock Liq Fd Municash In | 3.51% |
| 2 | — | Build Nyc Resource Corp Ny Rev Buigen 12/31 Fixed 5.25 | 0.85% |
| 3 | — | Public Fin Auth Wi Revenue Pubgen 12/44 Fixed 5.5 | 0.82% |
| 4 | — | Port of Morrow Or Ptm 10/29 Fixed Oid 4 | 0.70% |
| 5 | — | Arkansas Dev Fin Auth Environm Arsdev 09/46 Adjustable Var | 0.67% |
| 6 | — | Missouri St Hsg Dev Commission Mossfh 05/57 Fixed 6 | 0.60% |
| 7 | — | Triborough Ny Bridge Tunnel Trbtrn 11/42 Fixed 5 | 0.53% |
| 8 | — | New Jersey St Hgr Edu Assistan Njshgr 12/46 Fixed Oid 4.25 | 0.53% |
| 9 | — | Puerto Rico Sales Tax Fing Cor Prcgen 07/40 Fixed 4.329 | 0.53% |
| 10 | — | Illinois St Toll Highway Auth Ilstrn 01/47 Fixed 5 | 0.49% |
| 11 | — | Main Street Natural Gas Inc Ga Maiutl 12/55 Adjustable Var | 0.46% |
| 12 | — | Alabama St Toll Road Bridge Atrtrn 10/32 Fixed 5 | 0.44% |
| 13 | — | Hamilton Cnty Oh Hosp Facs Rev Hammed 11/44 Fixed 5.5 | 0.44% |
| 14 | — | Black Belt Energy Gas Dist Al Bbeutl 01/34 Fixed 5 | 0.44% |
| 15 | — | Texas St Muni Gas Acquisition Txsutl 04/35 Floating Var | 0.43% |
| 16 | — | Orlando Fl Utilities Commissio Orlutl 10/48 Fixed 5 | 0.42% |
| 17 | — | Omaha Ne Arpt Auth Omaapt 12/51 Fixed 5.5 | 0.42% |
| 18 | — | Public Fin Auth Wi Student Hsg Pubfin 07/43 Fixed Oid 4.125 | 0.39% |
| 19 | — | Energy S E Al A Cooperative Di Esdpwr 04/54 Adjustable Var | 0.39% |
| 20 | — | Patriots Energy Group Fing Agy Pegutl 10/54 Adjustable Var | 0.37% |
| 21 | — | Temple Tx Tax Incr Temgen 08/51 Fixed 5 | 0.37% |
| 22 | — | Salt River Az Proj Agric Impt Salagr 01/53 Fixed 5.25 | 0.36% |
| 23 | — | Texas St Txs 08/44 Fixed Oid 4.125 | 0.36% |
| 24 | — | New York City Ny Transitional Nycgen 11/51 Fixed 5.5 | 0.36% |
| 25 | — | California Cmnty Choice Fing A Ccedev 12/33 Fixed 5.5 | 0.35% |
| 26 | — | Illinois St Ils 04/51 Fixed 5.5 | 0.35% |
| 27 | — | Salt River Az Proj Agric Impt Salagr 01/50 Fixed 5 | 0.35% |
| 28 | — | Capital Projs Fin Auth Fl Hsg Cpphsg 07/58 Fixed Oid 5.25 | 0.34% |
| 29 | — | Michigan St Hosp Fin Auth Mismed 11/53 Fixed 5.25 | 0.33% |
| 30 | — | Greenville Tx Elec Utility Sys Grepwr 02/56 Fixed 5 | 0.33% |

Source: etf.net, https://etf.net/etf/TAXF. Please cite the page URL.