American Century Securitized Credit ETF (ASEC)

The American Century Securitized Credit ETF (ASEC) is an actively managed fixed income fund from American Century Investments. It seeks income and total return by investing in securitized debt.

Holdings can span asset-backed securities, residential and commercial mortgage-backed securities, collateralized loan obligations and other structured credit instruments, including both agency and non-agency issues across a range of credit qualities.

The managers apply bottom-up analysis of collateral pools, deal structures and credit enhancement to select securities, adjusting sector and credit exposures based on their view of relative value.