American Century Quality Preferred ETF
Name
As of 11/04/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
8.8%
1 yr return
14.6%
3 Yr Avg Return
2.0%
5 Yr Avg Return
N/A
Net Assets
$88.3 M
Holdings in Top 10
31.7%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.33%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 11/04/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
QPFF - Profile
Distributions
- YTD Total Return 8.8%
- 3 Yr Annualized Total Return 2.0%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio N/A
- Dividend Yield 5.7%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameAmerican Century Quality Preferred ETF
-
Fund Family NameAmerican Century Investments
-
Inception DateFeb 16, 2021
-
Shares OutstandingN/A
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerHitesh Patel
Fund Description
QPFF - Performance
Return Ranking - Trailing
Period | QPFF Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 8.8% | -8.3% | 14.4% | 97.65% |
1 Yr | 14.6% | -14.3% | 2.9% | 19.75% |
3 Yr | 2.0%* | -10.1% | 7.4% | N/A |
5 Yr | N/A* | -7.1% | 6.1% | N/A |
10 Yr | N/A* | -3.6% | 5.4% | N/A |
* Annualized
Return Ranking - Calendar
Period | QPFF Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 4.6% | -26.1% | 0.9% | N/A |
2022 | -16.8% | -1.5% | 11.1% | N/A |
2021 | N/A | -9.1% | 13.7% | N/A |
2020 | N/A | 1.6% | 7.2% | N/A |
2019 | N/A | -3.2% | -0.5% | N/A |
Total Return Ranking - Trailing
Period | QPFF Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 8.8% | -19.4% | 14.4% | 98.82% |
1 Yr | 14.6% | -14.3% | 16.6% | 26.14% |
3 Yr | 2.0%* | -10.1% | 9.3% | N/A |
5 Yr | N/A* | -5.8% | 6.1% | N/A |
10 Yr | N/A* | -2.9% | 5.4% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | QPFF Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 11.1% | -26.1% | 0.9% | N/A |
2022 | -12.2% | -1.5% | 11.1% | N/A |
2021 | N/A | -9.1% | 13.7% | N/A |
2020 | N/A | 1.7% | 7.2% | N/A |
2019 | N/A | -3.2% | -0.4% | N/A |
QPFF - Holdings
Concentration Analysis
QPFF | Category Low | Category High | QPFF % Rank | |
---|---|---|---|---|
Net Assets | 88.3 M | 12.9 M | 16.4 B | 91.86% |
Number of Holdings | 164 | 32 | 500 | 73.33% |
Net Assets in Top 10 | 25.5 M | 2.06 K | 2.37 B | 90.00% |
Weighting of Top 10 | 31.72% | 12.4% | 48.5% | 61.11% |
Top 10 Holdings
- State Street Navigator Securities Lending Government Money Market Portfolio 12.12%
- Wells Fargo Co (conv) 7.5% 12/31/2049 Series L 3.17%
- Southern Co/The (pfd) 4.20% Series C 2.80%
- NextEra Energy Inc (conv) 6.93% 09-01-2025 2.49%
- Apollo Global Management Inc (conv) 6.75% 07-31-2026 2.41%
- JPMorgan Chase Co (pfd) 5.75% Series DD 2.10%
- ATT Inc (pfd) 5.35% 1.77%
- Allstate Corp/The 6.50 05/15/2067 1.65%
- Capital One Financial Corp (pfd) 4.80% Series J 1.61%
- Affiliated Managers Group Inc (pfd) 5.88% 1.59%
Asset Allocation
Weighting | Return Low | Return High | QPFF % Rank | |
---|---|---|---|---|
Preferred Stocks | 88.18% | 2.27% | 115.85% | 23.33% |
Cash | 12.77% | -27.79% | 5.28% | 5.56% |
Bonds | 10.39% | 0.00% | 83.26% | 71.11% |
Stocks | 0.00% | -2.67% | 34.04% | 15.56% |
Other | 0.00% | -0.16% | 11.21% | 21.11% |
Convertible Bonds | 0.00% | 0.00% | 31.65% | 72.22% |
Bond Sector Breakdown
Weighting | Return Low | Return High | QPFF % Rank | |
---|---|---|---|---|
Cash & Equivalents | 12.77% | 0.00% | 8.83% | 8.89% |
Derivative | 0.00% | 0.00% | 12.03% | 67.78% |
Securitized | 0.00% | 0.00% | 0.02% | 57.78% |
Corporate | 0.00% | 62.31% | 100.00% | 84.44% |
Municipal | 0.00% | 0.00% | 0.00% | 57.78% |
Government | 0.00% | 0.00% | 21.71% | 84.44% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | QPFF % Rank | |
---|---|---|---|---|
US | 10.39% | 0.00% | 66.52% | 71.11% |
Non US | 0.00% | 0.00% | 22.86% | 71.11% |
QPFF - Expenses
Operational Fees
QPFF Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.33% | 0.22% | 2.45% | 91.21% |
Management Fee | 0.32% | 0.00% | 1.00% | 5.81% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.55% | N/A |
Sales Fees
QPFF Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 2.25% | N/A |
Trading Fees
QPFF Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | N/A | N/A | 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.
QPFF Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 12.00% | 199.00% | 87.84% |
QPFF - Distributions
Dividend Yield Analysis
QPFF | Category Low | Category High | QPFF % Rank | |
---|---|---|---|---|
Dividend Yield | 5.65% | 0.00% | 9.57% | 10.75% |
Dividend Distribution Analysis
QPFF | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Quarterly | Monthly | Quarterly |
Net Income Ratio Analysis
QPFF | Category Low | Category High | QPFF % Rank | |
---|---|---|---|---|
Net Income Ratio | N/A | 0.88% | 7.54% | 30.86% |
Capital Gain Distribution Analysis
QPFF | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Nov 01, 2024 | $0.177 | OrdinaryDividend |
Oct 01, 2024 | $0.253 | OrdinaryDividend |
Sep 03, 2024 | $0.134 | OrdinaryDividend |
Aug 01, 2024 | $0.170 | OrdinaryDividend |
Jul 01, 2024 | $0.205 | OrdinaryDividend |
Jun 03, 2024 | $0.143 | OrdinaryDividend |
May 01, 2024 | $0.185 | OrdinaryDividend |
Apr 01, 2024 | $0.217 | OrdinaryDividend |
Mar 01, 2024 | $0.135 | OrdinaryDividend |
Feb 01, 2024 | $0.091 | OrdinaryDividend |
Dec 18, 2023 | $0.395 | OrdinaryDividend |
Dec 01, 2023 | $0.136 | OrdinaryDividend |
Nov 01, 2023 | $0.160 | OrdinaryDividend |
Oct 02, 2023 | $0.348 | OrdinaryDividend |
Sep 01, 2023 | $0.069 | OrdinaryDividend |
Aug 01, 2023 | $0.136 | OrdinaryDividend |
Jul 03, 2023 | $0.266 | OrdinaryDividend |
Jun 01, 2023 | $0.132 | OrdinaryDividend |
May 01, 2023 | $0.088 | OrdinaryDividend |
Apr 03, 2023 | $0.263 | OrdinaryDividend |
Mar 01, 2023 | $0.101 | OrdinaryDividend |
Feb 01, 2023 | $0.035 | OrdinaryDividend |
Dec 15, 2022 | $0.465 | OrdinaryDividend |
Dec 01, 2022 | $0.118 | OrdinaryDividend |
Nov 01, 2022 | $0.143 | OrdinaryDividend |
Oct 03, 2022 | $0.215 | OrdinaryDividend |
Sep 01, 2022 | $0.118 | OrdinaryDividend |
Aug 01, 2022 | $0.107 | OrdinaryDividend |
Jul 01, 2022 | $0.218 | OrdinaryDividend |
Jun 01, 2022 | $0.142 | OrdinaryDividend |
May 02, 2022 | $0.136 | OrdinaryDividend |
Apr 01, 2022 | $0.213 | OrdinaryDividend |
Mar 01, 2022 | $0.064 | OrdinaryDividend |
Feb 01, 2022 | $0.040 | OrdinaryDividend |
Dec 16, 2021 | $0.310 | OrdinaryDividend |
Dec 01, 2021 | $0.136 | OrdinaryDividend |
Nov 01, 2021 | $0.152 | OrdinaryDividend |
Oct 01, 2021 | $0.179 | OrdinaryDividend |
Sep 01, 2021 | $0.098 | OrdinaryDividend |
Aug 02, 2021 | $0.173 | OrdinaryDividend |
Jul 01, 2021 | $0.193 | OrdinaryDividend |
Jun 01, 2021 | $0.106 | OrdinaryDividend |
May 03, 2021 | $0.138 | OrdinaryDividend |
Apr 01, 2021 | $0.220 | OrdinaryDividend |
QPFF - Fund Manager Analysis
Managers
Hitesh Patel
Start Date
Tenure
Tenure Rank
Feb 16, 2021
1.28
1.3%
Mr. Patel, Vice President and Portfolio Manager, has managed the fund since 2018. He joined American Century Investments in 2018. From 2014 to 2018, Mr. Patel served as a Senior Alternatives Specialist within the Fund Derivatives Structuring and Financing team at UBS Securities. From 2010 to 2013, he was the Director and Head of Americas Origination and Content for the UBS Liquid Alpha Managed Account and UCITS Platform. He received a bachelor’s degree in economics from Yale University. He is a CFA charterholder. The advisor has, in turn, hired PWP to make recommendations regarding underlying subadvisor selection as well as day-to-day investment management and asset allocation. PWP performs this function under the supervision of the advisor and the general oversight of the fund’s Board of Directors. The portfolio managers who are jointly and primarily responsible for the day-to-day management of the fund are identified below. Responsibility for research, security selection and portfolio construction for portions of the fund may be allocated among the underlying subadvisors. Overall responsibility for coordinating the fund’s activities, including recommending appropriate asset allocations, reviewing overall fund composition and monitoring cash flows, is shared by the following portfolio managers.
Rene Casis
Start Date
Tenure
Tenure Rank
Feb 16, 2021
1.28
1.3%
Executive Chairman (since July 2016), Co-Chief Investment Officer (since June 2012),Mr. Casis, Portfolio Manager, has been a member of the team that manages the fund since joining American Century in 2018. Prior to joining American Century, he was a Partner at 55 Institutional, LLC from 2016 to 2017. From 2009 to 2016, he served in roles as US iShares Smart Beta Investment Strategist, US iShares Product Strategist and Senior Portfolio Manager in Beta Strategies for BlackRock Inc. He has a bachelor’s degree in economics from the University of California, Santa Barbara.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.09 | 30.32 | 7.94 | 11.42 |