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Trending ETFs

Name

As of 05/17/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$38.57

$28.6 M

7.84%

$3.02

0.43%

Vitals

YTD Return

3.1%

1 yr return

10.8%

3 Yr Avg Return

N/A

5 Yr Avg Return

N/A

Net Assets

$28.6 M

Holdings in Top 10

17.5%

52 WEEK LOW AND HIGH

$38.7
$34.69
$38.91

Expenses

OPERATING FEES

Expense Ratio 0.43%

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 05/17/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$38.57

$28.6 M

7.84%

$3.02

0.43%

AEMB - Profile

Distributions

  • YTD Total Return 3.1%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio N/A
DIVIDENDS
  • Dividend Yield 7.8%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    American Century Emerging Markets Bond ETF
  • Fund Family Name
    American Century Investments
  • Inception Date
    Jun 29, 2021
  • Shares Outstanding
    N/A
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    John Lovito

Fund Description

Under normal market conditions, the portfolio managers will invest at least 80% of the fund’s net assets, plus any borrowings for investment purposes, in debt securities related to emerging market countries. Debt securities in which the fund invests include sovereign and quasi-sovereign debt, emerging markets corporate debt securities, and emerging markets debt investments. Emerging markets debt investments include emerging markets derivatives whose reference securities are corporate and sovereign debt securities. Investments are predominantly made in instruments denominated in U.S. dollars but the fund may also invest in securities denominated in local emerging markets currency. The portfolio managers select investments for the fund using proprietary fundamental research, quantitative model inputs and qualitative assessments that consider multiple inputs such as macroeconomic factors, country and fundamental issuer analysis, and market and relative value.
The fund considers an emerging market country to be any country other than a developed country. However, the fund typically invests in the subset of emerging markets countries that comprise the JP Morgan EMBI Global Diversified Index. In determining where a company is located, the portfolio managers will consider various factors, including where the company is headquartered, where the company’s principal operations are located, where a majority of the company’s revenues are derived, where the principal trading market is located and the country in which the company was legally organized. The weight given to each of these factors will vary depending on the circumstances in a given case.
The fund invests in both investment-grade and high-yield debt securities. Investment grade securities are those that have been rated in one of the top four credit quality categories by an independent rating agency or determined by the advisor to be of comparable credit quality. High-yield securities, which are also known as “junk bonds,” are those that have been rated by an independent rating agency below the highest four categories or determined by the advisor to be of similar quality. The fund has no average maturity or duration limitations.
The fund also may invest in derivative instruments such as interest rate futures contracts. The fund may use derivative instruments to earn income, enhance returns, increase liquidity, manage target duration, gain exposure to certain instruments or markets, and/or hedge its exposure to particular investments.
The portfolio managers may engage in hedging of portfolio positions, which usually involves entering into a derivative transaction that has the opposite characteristic of the position being hedged. The net effect of these two positions is intended to reduce or eliminate the exposure created by the first position.
The fund is an actively managed exchange-traded fund (ETF) that does not seek to replicate the performance of a specified index. To determine whether to buy or sell a security, the portfolio managers consider the fund requirements and standards described above, along with economic conditions, alternative investments, interest rates and various credit metrics.
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AEMB - Performance

Return Ranking - Trailing

Period AEMB Return Category Return Low Category Return High Rank in Category (%)
YTD 3.1% -23.5% 4.6% 97.45%
1 Yr 10.8% -24.3% 3.5% N/A
3 Yr N/A* -18.9% 13.6% N/A
5 Yr N/A* -21.4% 6.5% N/A
10 Yr N/A* -15.8% 5.6% N/A

* Annualized

Return Ranking - Calendar

Period AEMB Return Category Return Low Category Return High Rank in Category (%)
2023 1.8% -58.7% 15.1% N/A
2022 -22.7% -12.8% 25.4% N/A
2021 N/A -12.0% 25.9% N/A
2020 N/A -19.2% 4.2% N/A
2019 N/A -7.2% 9.9% N/A

Total Return Ranking - Trailing

Period AEMB Return Category Return Low Category Return High Rank in Category (%)
YTD 3.1% -23.5% 4.6% 99.43%
1 Yr 10.8% -24.3% 3.5% N/A
3 Yr N/A* -18.9% 13.6% N/A
5 Yr N/A* -21.4% 6.5% N/A
10 Yr N/A* -15.8% 9.6% N/A

* Annualized

Total Return Ranking - Calendar

Period AEMB Return Category Return Low Category Return High Rank in Category (%)
2023 8.1% -58.7% 15.1% N/A
2022 -18.4% -12.8% 25.4% N/A
2021 N/A -7.1% 25.9% N/A
2020 N/A -19.2% 10.9% N/A
2019 N/A -7.2% 9.9% N/A

AEMB - Holdings

Concentration Analysis

AEMB Category Low Category High AEMB % Rank
Net Assets 28.6 M 49.1 K 15.5 B 85.63%
Number of Holdings 156 4 2121 86.25%
Net Assets in Top 10 5.01 M -134 M 1.25 B 97.13%
Weighting of Top 10 17.49% 2.2% 95.0% 20.06%

Top 10 Holdings

  1. State Street Institutional US Government Money Market Fund 3.73%
  2. Chile Government International Bond 2.55 01/27/2032 1.99%
  3. Argentine Republic Government International Bond 3.63 07/09/2035 1.64%
  4. Colombia Government International Bond 6.13 01/18/2041 1.54%
  5. Saudi Government International Bond 5.75 01/16/2054 1.52%
  6. Egypt Government International Bond 7.05 01/15/2032 1.49%
  7. Mexico Government International Bond 4.75 04/27/2032 1.43%
  8. Eskom Holdings SOC Ltd 7.13 02/11/2025 1.39%
  9. Bank Gospodarstwa Krajowego 5.38 05/22/2033 1.38%
  10. Ivory Coast Government International Bond 8.25 01/30/2037 1.37%

Asset Allocation

Weighting Return Low Return High AEMB % Rank
Bonds
94.65% -0.02% 116.66% 29.51%
Cash
4.90% -16.66% 101.67% 65.33%
Preferred Stocks
0.34% 0.00% 0.00% 98.28%
Other
0.12% -3.28% 3.53% 90.54%
Stocks
0.00% -0.47% 2.07% 95.13%
Convertible Bonds
0.00% 0.00% 26.58% 99.43%

Bond Sector Breakdown

Weighting Return Low Return High AEMB % Rank
Cash & Equivalents
4.00% 0.00% 99.89% 72.78%
Derivative
0.12% 0.00% 64.87% 22.92%
Securitized
0.00% 0.00% 1.31% 98.28%
Corporate
0.00% 0.00% 93.26% 18.91%
Municipal
0.00% 0.00% 0.00% 98.28%
Government
0.00% 0.00% 99.79% 73.64%

Bond Geographic Breakdown

Weighting Return Low Return High AEMB % Rank
US
94.65% -74.21% 36.99% 92.26%
Non US
0.00% 0.00% 159.42% 8.02%

AEMB - Expenses

Operational Fees

AEMB Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.43% 0.01% 2.87% 95.99%
Management Fee 0.39% 0.00% 1.10% 5.62%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.02% 0.65% N/A

Sales Fees

AEMB Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.75% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

AEMB Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.75% 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.

AEMB Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 302.00% 1.96%

AEMB - Distributions

Dividend Yield Analysis

AEMB Category Low Category High AEMB % Rank
Dividend Yield 7.84% 0.00% 30.37% 26.97%

Dividend Distribution Analysis

AEMB Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

AEMB Category Low Category High AEMB % Rank
Net Income Ratio N/A -2.28% 9.04% 44.02%

Capital Gain Distribution Analysis

AEMB Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

View More +

AEMB - Fund Manager Analysis

Managers

John Lovito


Start Date

Tenure

Tenure Rank

Jun 29, 2021

0.92

0.9%

Mr. Lovito, Senior Vice President and Senior Portfolio Manager, joined American Century Investments in 2009. He has shared primary responsibility for the management of the fund since 2010 and has served on teams managing fixed-income investments since joining American Century. Prior to joining American Century Investments in 2009, he spent seven years at Lehman Brothers Asset Management, most recently as managing director and head of global fixed-income strategies. He previously served as senior vice president and team leader for international fixed-income at Lehman Brothers Asset Management. He has a bachelor’s degree in economics and an MBA in finance from Fordham University.

Thomas Youn


Start Date

Tenure

Tenure Rank

Jun 29, 2021

0.92

0.9%

Thomas Youn, Portfolio Manager and Senior Corporate Analyst, has served on teams managing fixed-income investments for American Century Investments since joining in 2014. Prior to joining American Century Investments, he was a credit research analyst with Lord, Abbett & Co., LLC. He has a bachelor’s degree in biology from Brown University and an MBA from The University of Chicago Booth School of Business.

Rajat Ahuja


Start Date

Tenure

Tenure Rank

Dec 31, 2021

0.41

0.4%

Rajat Ahuja is a Macro Research Analyst on the North American Fixed Income team focused primarily on Emerging Markets. Rajat joined Aberdeen in May 2013 following the acquisition of Artio Global Management. From 2007-2013, he held a role of Portfolio Analyst with Artio Global Management’s Fixed Income Group. Prior to that, he was a Trading Assistant at Nomura Securities. Previously, he was a Portfolio Assistant and Pricing Analyst at Alliance Bernstein. Rajat graduated with a BS from Purdue University.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 23.87 6.36 6.11