American Century Diversified Etf Profile
| KORP Etf | USD 48.40 0.03 0.06% |
Performance22 of 100
| Odds Of DistressLess than 9
|
American Century is selling at 48.40 as of the 20th of September 2024; that is 0.06 percent increase since the beginning of the trading day. The etf's last reported lowest price was 48.27. American Century has less than a 9 % chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for American Century Diversified are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of May 2024 and ending today, the 20th of September 2024. Click here to learn more.
The portfolio managers will invest at least 80 percent of the funds net assets, plus any borrowings for investment purposes, in corporate debt securities and corporate debt investments. American Century is traded on NYSEARCA Exchange in the United States. More on American Century Diversified
Moving together with American Etf
American Etf Highlights
| Thematic Ideas | (View all Themes) |
| Business Concentration | Broad Market ETFs, Corporate ETFs, Corporate Bond, American Century Investments (View all Sectors) |
| Issuer | American Century Investments |
| Inception Date | 2018-01-11 |
| Benchmark | Not Applicable |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 311.05 Million |
| Average Trading Valume | 27,148.6 |
| Asset Type | Fixed Income |
| Category | Corporate |
| Focus | Broad Market |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | American Century Services, LLC |
| Advisor | American Century Investment Management, Inc. |
| Custodian | State Street Bank and Trust Company |
| Distributor | Foreside Fund Services, LLC |
| Portfolio Manager | Kevin Akioka, Jeffrey L. Houston, Gavin Fleischman, Le Tran |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 31-Aug |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 270 |
| Market Maker | Jane Street |
| Total Expense | 0.29 |
| Management Fee | 0.29 |
| Country Name | USA |
| Returns Y T D | 7.4 |
| Name | American Century Diversified Corporate Bond ETF |
| Currency Code | USD |
| Open Figi | BBG00JQ09C76 |
| In Threey Volatility | 6.5 |
| 1y Volatility | 6.75 |
| 200 Day M A | 46.3364 |
| 50 Day M A | 47.4431 |
| Code | KORP |
| Updated At | 19th of September 2024 |
| Currency Name | US Dollar |
American Century Diversified [KORP] is traded in USA and was established 2018-01-11. The fund is listed under Corporate Bond category and is part of American Century Investments family. The entity is thematically classified as Broad Market ETFs. American Century Div now have 138.6 M in assets. , while the total return for the last 3 years was 0.8%.
Check American Century Probability Of Bankruptcy
Geographic Allocation (%)
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on American Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding American Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as American Century Diversified Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top American Century Diversified Etf Constituents
| ZTM23 | 9.24107% |
| TNM23 | 1.16254% |
| ZNM23 | 6.32598% |
American Century Top Holders
| AACGX | Strategic Allocation Servative | Mutual Fund | Allocation--30% to 50% Equity | |
| AAAUX | Strategic Allocation Aggressive | Mutual Fund | Allocation--70% to 85% Equity | |
| AAARX | Strategic Allocation Aggressive | Mutual Fund | Allocation--70% to 85% Equity | |
| AACCX | Strategic Allocation Servative | Mutual Fund | Allocation--30% to 50% Equity | |
| ASMUX | Strategic Allocation Moderate | Mutual Fund | Allocation--50% to 70% Equity | |
| AACRX | Strategic Allocation Servative | Mutual Fund | Allocation--30% to 50% Equity | |
| ASAUX | Strategic Allocation Aggressive | Mutual Fund | Allocation--70% to 85% Equity | |
| TWSMX | Strategic Allocation Moderate | Mutual Fund | Allocation--50% to 70% Equity |
American Century Div Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in American Century. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
| Risk Adjusted Performance | 0.2186 | |||
| Jensen Alpha | 0.0736 | |||
| Total Risk Alpha | 0.0356 | |||
| Sortino Ratio | (0.14) |
American Century Against Markets
Additional Information and Resources on Investing in American Etf
When determining whether American Century Div is a strong investment it is important to analyze American Century's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact American Century's future performance. For an informed investment choice regarding American Etf, refer to the following important reports:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in American Century Diversified. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
The market value of American Century Div is measured differently than its book value, which is the value of American that is recorded on the company's balance sheet. Investors also form their own opinion of American Century's value that differs from its market value or its book value, called intrinsic value, which is American Century's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because American Century's market value can be influenced by many factors that don't directly affect American Century's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between American Century's value and its price as these two are different measures arrived at by different means. Investors typically determine if American Century is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Century's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.