VP Avantis Global Equity Allocation Fund
Name
As of 05/01/2024Price
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
Vitals
YTD Return
3.3%
1 yr return
N/A
3 Yr Avg Return
N/A
5 Yr Avg Return
N/A
Net Assets
$525 K
Holdings in Top 10
86.0%
52 WEEK LOW AND HIGH
$10.7
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.86%
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
Open End Mutual Fund
Name
As of 05/01/2024Price
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
AVVPX - Profile
Distributions
- YTD Total Return 3.3%
- 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
- Dividend Yield 0.5%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameVP Avantis Global Equity Allocation Fund
-
Fund Family NameAmerican Century Investments
-
Inception DateNov 17, 2023
-
Shares OutstandingN/A
-
Share ClassI
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CurrencyUSD
-
Domiciled CountryUS
Fund Description
VP Avantis Global Equity Allocation Fund is a “fund of funds,” meaning that it seeks to achieve its objective by investing in Avantis exchange-traded funds (ETFs) (collectively, the underlying funds). The underlying funds generally represent a broadly diversified basket of equity securities that seek to overweight securities that the portfolio managers expect, based on factors such as company size, profitability and value attributes, to have higher returns or better risk characteristics than the fund’s benchmark, the MSCI All Country World IMI Index, which is a passive, global market-cap weighted index.
The following table indicates the fund’s target weight and range for allocation among the fund’s major asset classes and shows the underlying funds that comprise each asset class. This information is as of the date of this prospectus.
Target Weight | Target Range | |
U.S. Equity | 57% | 50% to 75% |
Avantis U.S. Equity ETF | ||
Avantis U.S. Large Cap Equity ETF | ||
Avantis U.S. Large Cap Value ETF | ||
Avantis U.S. Mid Cap Equity ETF | ||
Avantis U.S. Mid Cap Value ETF | ||
Avantis U.S. Small Cap Equity ETF | ||
Avantis U.S. Small Cap Value ETF | ||
Non-U.S. Developed Markets | 27% | 20% to 50% |
Avantis International Equity ETF | ||
Avantis International Large Cap Value ETF | ||
Avantis International Small Cap Equity ETF | ||
Avantis International Small Cap Value ETF | ||
Emerging Markets | 8% | 0% to 25% |
Avantis Emerging Markets Equity ETF | ||
Avantis Emerging Markets Small Cap Equity ETF | ||
Avantis Emerging Markets Value ETF | ||
Sector Equity | 8% | 0% to 15% |
Avantis Inflation Focused Equity ETF | ||
Avantis Real Estate ETF |
Under normal market conditions, the fund will invest at least 80% of its assets in equity ETFs. The managers will allocate to the underlying funds across geographies and investment styles to achieve the desired allocation. The U.S. vs. non-U.S. allocations across geographies will be predicated on each region’s relative market capitalization within the total global equity market, with a home bias toward the U.S. (as reflected in the target ranges). Under normal market conditions, the fund (via the underlying funds) will invest at least 30% of its assets in securities of issuers located outside the United States and will allocate its assets among at least three different countries (one of which may be the United States). The portfolio managers will review the fund’s allocations at least weekly to determine whether rebalancing is appropriate and will rebalance the fund as necessary to keep the allocations within the target ranges. To better balance risks in changing market environments and control costs and tax realizations, the portfolio managers may reallocate within the target range when prevailing market conditions and relative performance of certain underlying strategies lead to deviations from the targets. We reserve the right to modify the target ranges and underlying funds from time to time should circumstances warrant a change.
AVVPX - Performance
Return Ranking - Trailing
Period | AVVPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.3% | N/A | N/A | N/A |
1 Yr | N/A | N/A | N/A | N/A |
3 Yr | N/A* | N/A | N/A | N/A |
5 Yr | N/A* | N/A | N/A | N/A |
10 Yr | N/A* | N/A | N/A | N/A |
* Annualized
Return Ranking - Calendar
Period | AVVPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | N/A | N/A | N/A |
2022 | N/A | N/A | N/A | N/A |
2021 | N/A | N/A | N/A | N/A |
2020 | N/A | N/A | N/A | N/A |
2019 | N/A | N/A | N/A | N/A |
Total Return Ranking - Trailing
Period | AVVPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.3% | N/A | N/A | N/A |
1 Yr | N/A | N/A | N/A | N/A |
3 Yr | N/A* | N/A | N/A | N/A |
5 Yr | N/A* | N/A | N/A | N/A |
10 Yr | N/A* | N/A | N/A | N/A |
* Annualized
Total Return Ranking - Calendar
Period | AVVPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | N/A | N/A | N/A |
2022 | N/A | N/A | N/A | N/A |
2021 | N/A | N/A | N/A | N/A |
2020 | N/A | N/A | N/A | N/A |
2019 | N/A | N/A | N/A | N/A |
NAV & Total Return History
AVVPX - Holdings
Concentration Analysis
AVVPX | Category Low | Category High | AVVPX % Rank | |
---|---|---|---|---|
Net Assets | 525 K | N/A | N/A | N/A |
Number of Holdings | 17 | N/A | N/A | N/A |
Net Assets in Top 10 | 452 K | N/A | N/A | N/A |
Weighting of Top 10 | 86.00% | N/A | N/A | N/A |
Top 10 Holdings
- Avantis US Equity ETF 17.09%
- Avantis US Large Cap Equity ETF 15.80%
- Avantis International Equity ETF 15.14%
- Avantis US Large Cap Value ETF 9.98%
- Avantis International Large Cap Value ETF 7.01%
- Avantis Emerging Markets Equity ETF 5.07%
- Avantis Inflation Focused Equity ETF 4.99%
- Avantis US Small Cap Equity ETF 4.93%
- Avantis Real Estate ETF 3.01%
- Avantis US Mid Cap Equity ETF 2.99%
Asset Allocation
Weighting | Return Low | Return High | AVVPX % Rank | |
---|---|---|---|---|
Stocks | 99.41% | N/A | N/A | N/A |
Cash | 0.62% | N/A | N/A | N/A |
Preferred Stocks | 0.00% | N/A | N/A | N/A |
Other | 0.00% | N/A | N/A | N/A |
Convertible Bonds | 0.00% | N/A | N/A | N/A |
Bonds | 0.00% | N/A | N/A | N/A |
Stock Sector Breakdown
Weighting | Return Low | Return High | AVVPX % Rank | |
---|---|---|---|---|
Utilities | 0.00% | N/A | N/A | N/A |
Technology | 0.00% | N/A | N/A | N/A |
Real Estate | 0.00% | N/A | N/A | N/A |
Industrials | 0.00% | N/A | N/A | N/A |
Healthcare | 0.00% | N/A | N/A | N/A |
Financial Services | 0.00% | N/A | N/A | N/A |
Energy | 0.00% | N/A | N/A | N/A |
Communication Services | 0.00% | N/A | N/A | N/A |
Consumer Defense | 0.00% | N/A | N/A | N/A |
Consumer Cyclical | 0.00% | N/A | N/A | N/A |
Basic Materials | 0.00% | N/A | N/A | N/A |
Stock Geographic Breakdown
Weighting | Return Low | Return High | AVVPX % Rank | |
---|---|---|---|---|
US | 99.41% | N/A | N/A | N/A |
Non US | 0.00% | N/A | N/A | N/A |
AVVPX - Expenses
Operational Fees
AVVPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.86% | N/A | N/A | N/A |
Management Fee | 0.65% | N/A | N/A | N/A |
12b-1 Fee | N/A | N/A | N/A | N/A |
Administrative Fee | N/A | N/A | N/A | N/A |
Sales Fees
AVVPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | N/A | N/A | N/A |
Deferred Load | N/A | N/A | N/A | N/A |
Trading Fees
AVVPX 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.
AVVPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | N/A | N/A | N/A |
AVVPX - Distributions
Dividend Yield Analysis
AVVPX | Category Low | Category High | AVVPX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.50% | N/A | N/A | N/A |
Dividend Distribution Analysis
AVVPX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly |
Net Income Ratio Analysis
AVVPX | Category Low | Category High | AVVPX % Rank | |
---|---|---|---|---|
Net Income Ratio | N/A | N/A | N/A | N/A |
Capital Gain Distribution Analysis
AVVPX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency |
Distributions History
Date | Amount | Type |
---|---|---|
Mar 26, 2024 | $0.014 | OrdinaryDividend |
Dec 21, 2023 | $0.092 | OrdinaryDividend |