American Century Diversified Corporate Bond ETF
Name
As of 04/17/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-1.9%
1 yr return
2.4%
3 Yr Avg Return
-1.5%
5 Yr Avg Return
1.2%
Net Assets
$257 M
Holdings in Top 10
14.4%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.29%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 182.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 04/17/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
KORP - Profile
Distributions
- YTD Total Return -1.9%
- 3 Yr Annualized Total Return -1.5%
- 5 Yr Annualized Total Return 1.2%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 1.77%
- Dividend Yield 5.1%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameAmerican Century Diversified Corporate Bond ETF
-
Fund Family NameAmerican Century Investments
-
Inception DateJan 11, 2018
-
Shares Outstanding3100000
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerGavin Fleischman
Fund Description
KORP - Performance
Return Ranking - Trailing
Period | KORP Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -1.9% | -6.3% | 2.6% | 16.38% |
1 Yr | 2.4% | -3.9% | 7.9% | 28.81% |
3 Yr | -1.5%* | -10.1% | 39.0% | 7.47% |
5 Yr | 1.2%* | -4.3% | 26.0% | 28.75% |
10 Yr | N/A* | -0.5% | 14.0% | 18.33% |
* Annualized
Return Ranking - Calendar
Period | KORP Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 2.7% | -5.6% | 6.3% | 90.40% |
2022 | -12.5% | -28.7% | 142.1% | 7.95% |
2021 | -2.4% | -12.3% | 4.9% | 4.05% |
2020 | 3.5% | -8.0% | 10.6% | 91.72% |
2019 | 6.6% | 4.3% | 13.4% | 94.34% |
Total Return Ranking - Trailing
Period | KORP Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -1.9% | -6.3% | 2.6% | 16.38% |
1 Yr | 2.4% | -3.9% | 7.9% | 28.81% |
3 Yr | -1.5%* | -10.1% | 39.0% | 7.47% |
5 Yr | 1.2%* | -4.3% | 26.0% | 28.75% |
10 Yr | N/A* | -0.5% | 14.0% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | KORP Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 7.4% | -5.6% | 12.9% | 85.31% |
2022 | -10.0% | -25.6% | 151.8% | 7.95% |
2021 | -0.6% | -5.1% | 7.5% | 41.62% |
2020 | 7.0% | -8.0% | 116.0% | 92.31% |
2019 | 10.0% | 6.7% | 17.4% | 95.60% |
KORP - Holdings
Concentration Analysis
KORP | Category Low | Category High | KORP % Rank | |
---|---|---|---|---|
Net Assets | 257 M | 5.45 M | 47.3 B | 70.06% |
Number of Holdings | 285 | 4 | 9989 | 78.53% |
Net Assets in Top 10 | 32.3 M | -29.6 M | 2.71 B | 68.93% |
Weighting of Top 10 | 14.37% | 1.6% | 143.5% | 40.68% |
Top 10 Holdings
- State Street Institutional US Government Money Market Fund 4.20%
- HSBC Holdings PLC 6.16 03/09/2029 1.69%
- Bank of America Corp 4.57 04/27/2033 1.35%
- Comcast Corp 7.05 03/15/2033 1.24%
- Anheuser-Busch InBev Worldwide Inc 4.75 01/23/2029 1.16%
- United States Treasury Note/Bond 4.75 11/15/2026 1.12%
- Kenvue Inc 5.00 03/22/2030 1.10%
- Sprint Capital Corp 6.88 11/15/2028 0.87%
- MidAmerican Energy Co 6.75 12/30/2031 0.86%
- Centene Corp 4.25 12/15/2027 0.79%
Asset Allocation
Weighting | Return Low | Return High | KORP % Rank | |
---|---|---|---|---|
Bonds | 95.85% | 0.00% | 136.47% | 60.45% |
Convertible Bonds | 6.63% | 0.00% | 78.47% | 20.34% |
Cash | 4.89% | -43.80% | 45.81% | 23.73% |
Preferred Stocks | 0.18% | 0.00% | 9.18% | 22.03% |
Other | 0.01% | -1.14% | 13.53% | 67.80% |
Stocks | 0.00% | 0.00% | 99.96% | 23.16% |
Bond Sector Breakdown
Weighting | Return Low | Return High | KORP % Rank | |
---|---|---|---|---|
Corporate | 82.01% | 41.80% | 100.00% | 68.36% |
Government | 11.51% | 0.00% | 25.63% | 22.03% |
Cash & Equivalents | 4.89% | 0.00% | 45.81% | 24.29% |
Securitized | 0.44% | 0.00% | 23.18% | 62.15% |
Municipal | 0.27% | 0.00% | 3.62% | 48.02% |
Derivative | 0.01% | -0.21% | 1.89% | 64.97% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | KORP % Rank | |
---|---|---|---|---|
US | 95.85% | 0.00% | 109.04% | 55.93% |
Non US | 0.00% | 0.00% | 47.05% | 27.68% |
KORP - Expenses
Operational Fees
KORP Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.29% | 0.02% | 46.23% | 83.43% |
Management Fee | 0.29% | 0.00% | 1.35% | 32.20% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.02% | 0.45% | N/A |
Sales Fees
KORP Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 1.00% | 4.75% | N/A |
Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
KORP Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
KORP Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 182.00% | 0.00% | 259.00% | 97.70% |
KORP - Distributions
Dividend Yield Analysis
KORP | Category Low | Category High | KORP % Rank | |
---|---|---|---|---|
Dividend Yield | 5.08% | 0.00% | 6.09% | 17.51% |
Dividend Distribution Analysis
KORP | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
KORP | Category Low | Category High | KORP % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.77% | 0.38% | 5.93% | 75.43% |
Capital Gain Distribution Analysis
KORP | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Apr 03, 2024 | $0.177 | OrdinaryDividend |
Mar 05, 2024 | $0.191 | OrdinaryDividend |
Feb 05, 2024 | $0.183 | OrdinaryDividend |
Dec 21, 2023 | $0.202 | OrdinaryDividend |
Dec 06, 2023 | $0.180 | OrdinaryDividend |
Nov 06, 2023 | $0.196 | OrdinaryDividend |
Oct 05, 2023 | $0.183 | OrdinaryDividend |
Sep 07, 2023 | $0.176 | OrdinaryDividend |
Aug 04, 2023 | $0.156 | OrdinaryDividend |
Jul 07, 2023 | $0.168 | OrdinaryDividend |
Jun 06, 2023 | $0.174 | OrdinaryDividend |
May 04, 2023 | $0.154 | OrdinaryDividend |
Apr 06, 2023 | $0.165 | OrdinaryDividend |
Mar 07, 2023 | $0.155 | OrdinaryDividend |
Feb 07, 2023 | $0.150 | OrdinaryDividend |
Dec 20, 2022 | $0.157 | OrdinaryDividend |
Dec 06, 2022 | $0.150 | OrdinaryDividend |
Nov 04, 2022 | $0.123 | OrdinaryDividend |
Oct 06, 2022 | $0.123 | OrdinaryDividend |
Sep 07, 2022 | $0.120 | OrdinaryDividend |
Aug 04, 2022 | $0.104 | OrdinaryDividend |
Jul 07, 2022 | $0.101 | OrdinaryDividend |
Jun 06, 2022 | $0.102 | OrdinaryDividend |
May 05, 2022 | $0.088 | OrdinaryDividend |
Apr 06, 2022 | $0.082 | OrdinaryDividend |
Mar 04, 2022 | $0.089 | OrdinaryDividend |
Feb 04, 2022 | $0.069 | OrdinaryDividend |
Dec 21, 2021 | $0.068 | OrdinaryDividend |
Dec 06, 2021 | $0.068 | OrdinaryDividend |
Nov 04, 2021 | $0.067 | OrdinaryDividend |
Oct 06, 2021 | $0.070 | OrdinaryDividend |
Sep 07, 2021 | $0.069 | OrdinaryDividend |
Aug 05, 2021 | $0.068 | OrdinaryDividend |
Jul 07, 2021 | $0.063 | OrdinaryDividend |
Jun 04, 2021 | $0.071 | OrdinaryDividend |
May 06, 2021 | $0.080 | OrdinaryDividend |
Apr 07, 2021 | $0.112 | OrdinaryDividend |
Mar 04, 2021 | $0.122 | OrdinaryDividend |
Feb 04, 2021 | $0.107 | OrdinaryDividend |
Dec 23, 2020 | $0.402 | OrdinaryDividend |
Dec 07, 2020 | $0.176 | OrdinaryDividend |
Nov 06, 2020 | $0.178 | OrdinaryDividend |
Oct 07, 2020 | $0.146 | OrdinaryDividend |
Sep 08, 2020 | $0.092 | OrdinaryDividend |
Aug 07, 2020 | $0.094 | OrdinaryDividend |
Jul 08, 2020 | $0.102 | OrdinaryDividend |
Jun 05, 2020 | $0.087 | OrdinaryDividend |
May 07, 2020 | $0.097 | OrdinaryDividend |
Apr 07, 2020 | $0.111 | OrdinaryDividend |
Mar 06, 2020 | $0.112 | OrdinaryDividend |
Feb 07, 2020 | $0.114 | OrdinaryDividend |
Dec 30, 2019 | $0.026 | OrdinaryDividend |
Dec 06, 2019 | $0.145 | OrdinaryDividend |
Nov 07, 2019 | $0.145 | OrdinaryDividend |
Oct 07, 2019 | $0.127 | OrdinaryDividend |
Sep 09, 2019 | $0.124 | OrdinaryDividend |
Aug 07, 2019 | $0.137 | OrdinaryDividend |
Jul 08, 2019 | $0.107 | OrdinaryDividend |
Jun 07, 2019 | $0.122 | OrdinaryDividend |
May 07, 2019 | $0.145 | OrdinaryDividend |
Apr 05, 2019 | $0.130 | OrdinaryDividend |
Mar 07, 2019 | $0.144 | OrdinaryDividend |
Feb 07, 2019 | $0.144 | OrdinaryDividend |
Dec 28, 2018 | $0.137 | OrdinaryDividend |
Dec 07, 2018 | $0.138 | OrdinaryDividend |
Nov 07, 2018 | $0.147 | OrdinaryDividend |
Oct 05, 2018 | $0.054 | OrdinaryDividend |
Sep 10, 2018 | $0.133 | OrdinaryDividend |
Aug 07, 2018 | $0.130 | OrdinaryDividend |
Jul 09, 2018 | $0.122 | OrdinaryDividend |
Jun 07, 2018 | $0.127 | OrdinaryDividend |
May 07, 2018 | $0.138 | OrdinaryDividend |
Apr 06, 2018 | $0.120 | OrdinaryDividend |
Mar 07, 2018 | $0.185 | OrdinaryDividend |
KORP - Fund Manager Analysis
Managers
Gavin Fleischman
Start Date
Tenure
Tenure Rank
Jan 11, 2018
4.39
4.4%
Mr. Fleischman, Vice President and Portfolio Manager, has served on teams managing fixed-income investments for American Century since joining the advisor in 2008 as a corporate analyst. He was promoted to portfolio manager in 2015. He has a bachelor’s degree in history from Lafayette College and an MBA in finance from Fordham University.
Le Tran
Start Date
Tenure
Tenure Rank
Jan 11, 2018
4.39
4.4%
Mr. Tran, Portfolio Manager, has served on teams managing fixed-income investments for American Century since joining the firm in 2004. He has a bachelor’s degree in business administration from San Francisco State University.
Jeffrey Houston
Start Date
Tenure
Tenure Rank
Jan 11, 2018
4.39
4.4%
Houston is a Vice President and Senior Portfolio Manager with American Century Investments, his employer since November 1990. Before joining the company, he was an assistant vice president and analyst with Ambac Indemnity, a municipal financial guaranty firm in New York. He has been in the finance industry since 1986. Houston holds the Chartered Financial Analyst designation. He is a member of the Kansas City Society of Financial Analysts and the Association of Investment Management and Research.
Charles Tan
Start Date
Tenure
Tenure Rank
May 25, 2019
3.02
3.0%
Mr. Tan joined American Century Investment Management, Inc. in 2018. Prior to joining American Century, Mr. Tan worked at Aberdeen Standard Investments from 2005 to 2018. Mr. Tan began his investment career in 1994 and earned a B.S. from University of International Business and Economics, Beijing and an M.B.A from Bucknell University.
Jason Greenblath
Start Date
Tenure
Tenure Rank
Jun 28, 2019
2.93
2.9%
Mr. Greenblath, Vice President and Senior Portfolio Manager, has served on teams managing fixed-income investments since joining American Century Investment Management, Inc. in 2019. Prior to joining American Century, Mr. Greenblath worked at Aberdeen Standard Investments as head of U.S. investment grade credit from 2018 to 2019, head of U.S. investment grade credit research from 2014 to 2018 and as a portfolio manager from 2012 to 2018. He has a bachelor’s degree in finance from Pennsylvania State University
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.33 | 24.76 | 6.74 | 4.41 |