American Beacon Aberdeen Municipal High Income ETF is an actively managed fund that seeks to provide a high level of federally tax-exempt current income by investing at least 80% of its net assets in a diversified portfolio of U.S. municipal bonds. The fund's sub-advisor uses proprietary internal credit analysis to allocate primarily across non-investment grade, medium-, and lower-quality municipal debt while managing interest rate risk through active duration and maturity adjustments.
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