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AVIG

Avantis Core Fixed Income ETF

Market Price
$40.18
as of 04/17/2024
1 Day Market Price
Change
Direction arrow up $0.18 (0.45%)
as of 04/17/2024
YTD Market Price
Total Return
-0.66
as of 03/31/2024
NAV
$40.21
as of 04/17/2024
1 Day NAV Change
Direction arrow up $0.20 (0.50%)
as of 04/17/2024
YTD NAV
Total Return
-0.60
as of 03/31/2024
Gross Expense Ratio
0.15%
as of 01/01/2024
Net Expense Ratio
0.15%
as of 01/01/2024

Performance data quoted represents past performance and is no guarantee of future results. Current performance may be lower or higher than the performance data quoted. Investment return and principal value will fluctuate so that the investor's shares, when redeemed, may be worth more or less than the original cost. Returns less than one year are not annualized. Net asset value (NAV) prices are used to calculate market price performance prior to the date when the fund first traded on an exchange. Market performance is determined using the bid/ask midpoint at 4:00 p.m. Eastern time, when the NAV is typically calculated. Market performance does not represent the returns you would receive if you traded shares at other times. Index performance does not represent the fund's performance. It is not possible to invest directly in an index.

    Why AVIG?

    • Invests in a broad set of debt obligations across sectors, maturities and issuers.

    • Pursues the benefits associated with indexing such as diversification and transparency of exposures, but with the ability to add value by making investment decisions using information embedded in current yields.

    • Efficient portfolio management and trading process that is designed to enhance returns while seeking to reduce unnecessary risks and transaction costs.

    • Built to fit seamlessly into an investor's asset allocation.

    Fund Facts

    Ticker
    AVIG
    Objective
    Seeks to maximize total returns.
    Intraday Ticker
    AVIG.IV
    Inception Date
    10/13/2020
    # of Holdings
    701
    as of 02/29/2024
    CUSIP
    025072562
    ISIN
    US0250725621
    SEDOL
    BLFB0V5
    Exchange
    NYSE Arca
    Distribution Frequency
    Monthly
    Total Assets
    $693,573,565.30
    as of 04/17/2024
    Shares Outstanding
    17,250,000.00
    as of 04/17/2024

    Performance

    To view month-end or historical performance, use the drop-down below.

    As of:
        03/31/2024

    TOTAL RETURN

    CUMULATIVE
    AVERAGE ANNUAL
    Info icon
    YTD% 1 MO 3 MO 1 YR 3 YR 5 YR 10 YR LIFE
    AVIG (NAV)
    Info icon
    -0.60%1.02%-0.60%2.33%-2.47%- -- --3.02%
    AVIG (MARKET PRICE)
    Info icon
    -0.66%1.01%-0.66%2.20%-2.54%- -- --3.02%
    -0.78%0.92%-0.78%1.70%-2.46%0.36%1.54%- -
    Performance data quoted represents past performance and is no guarantee of future results. Current performance may be lower or higher than the performance data quoted. Investment return and principal value will fluctuate so that the investor's shares, when redeemed, may be worth more or less than the original cost. Returns less than one year are not annualized. Net asset value (NAV) prices are used to calculate market price performance prior to the date when the fund first traded on an exchange. Market performance is determined using the bid/ask midpoint at 4:00 p.m. Eastern time, when the NAV is typically calculated. Market performance does not represent the returns you would receive if you traded shares at other times. Index performance does not represent the fund's performance. It is not possible to invest directly in an index.

    Yields

    Info icon
    30-Day sec
    Subsidized Yield
    4.90%
    as of 03/28/2024
    Yield to Worst
    4.86%
    as of 03/31/2024
    Yield to Maturity
    4.87%
    as of 03/31/2024

    Fees

    Gross Expense Ratio
    Info icon
    0.15%
    Net Expense Ratio
    Info icon
    0.15%

    Pricing

    Market Prices

    Info icon
    Current price as of 04/17/2024
    Market Price
    $40.18
    1 Day Market Price Change
    Direction arrow up $0.18 (0.45%)
    30 Day Median bid ask spread
    0.02%
    Day High Price
    $40.21
    Day Low Price
    $40.10
    Closing Price
    $40.17

    NAV

    Current price as of 04/17/2024
    NAV
    $40.21
    1 Day Nav Change
    Direction arrow up $0.20 (0.50%)

    52 Week Range

    Current price as of 04/17/2024
    52 Week High
    $42.32
    52 Week Low
    $38.55

    Trading

    Current price as of 04/17/2024
    Premium/Discount
    Info icon
    -0.07%
    Details >

    Portfolio

    Due to rounding, these values may not add to 100% 03/31/2024

    Info icon
    Credit 63%
    Government 25%
    Securitized 19%
    Agency 1%
    Emerging Markets <1%
    Cash & Cash Equivalents -9%

    Negative weights may be due to open security or capital stock trades at period end and/or unrealized loss on derivative positions as a percent of net assets at period end.

    Top 10 Holdings

    Info icon

    As of 04/17/2024 View all Holdings

    ISSUER
    CUSIP
    ISIN
    MARKET VALUE ($)
    WEIGHT
    FNMA TBA 30 YR 3 SINGLE FAMILY MORTGAGE 01F030652 US01F0306526 15,857,319.63 2.29%
    FNMA TBA 30 YR 4 SINGLE FAMILY MORTGAGE 01F040651 US01F0406516 15,762,304.60 2.27%
    SPJG0MI60 CDS USD R F 1.00000 SPJG0MI60_FEE CCPCDX 99S22RQO7 -- -41,119.91 2.20%
    GNMA II TBA 30 YR 4 JUMBOS 21H040657 US21H0406577 14,586,249.92 2.10%
    US TREASURY N/B 11/24 1.5 912828YV6 US912828YV68 13,920,191.30 2.01%
    FNMA TBA 30 YR 5 SINGLE FAMILY MORTGAGE 01F050650 US01F0506505 13,832,066.78 1.99%
    GNMA II TBA 30 YR 5.5 JUMBOS 21H052652 US21H0526523 13,268,759.72 1.91%
    GNMA II TBA 30 YR 5 JUMBOS 21H050656 US21H0506566 12,025,322.38 1.73%
    TREASURY BILL 04/24 0.00000 912797JQ1 US912797JQ12 11,978,820.00 1.73%
    US TREASURY N/B 12/24 2.25 9128283P3 US9128283P31 10,086,699.26 1.45%

    International investing involves special risks, such as political instability and currency fluctuations. Investing in emerging markets may accentuate these risks.

    Derivatives may be more sensitive to changes in market conditions and may amplify risks.

    Exchange Traded Funds (ETF) are bought and sold through exchange trading at market price (not NAV), and are not individually redeemed from the fund. Shares may trade at a premium or discount to their NAV in the secondary market. Brokerage commissions will reduce returns.

    This 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, among other things, various fund requirements and standards, along with economic conditions, alternative investments, interest rates and various credit metrics. If the portfolio manager considerations are inaccurate or misapplied, the fund's performance may suffer.

    Generally, as interest rates rise, the value of the bonds held in the fund will decline. The opposite is true when interest rates decline.

    For detailed descriptions of indices or investing terms referenced above, refer to our glossary.

    Source: Bloomberg Index Services Ltd

    Exchange Traded Funds (ETFs): Foreside Fund Services, LLC – Distributor, not affiliated with American Century Investment Services, Inc.

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    You should consider the fund's investment objectives, risks, and charges and expenses carefully before you invest. The fund's prospectus or summary prospectus, which can be obtained by visiting Avantisinvestors.com or by calling 833-928-2684, contains this and other information about the fund, and should be read carefully before investing. Investments are subject to market risk.

    American Century Investments is not responsible for and does not endorse any comments, content, advertising, products, advice, opinions, recommendations or other materials on or available directly or via hyperlinks from Facebook, Twitter or any third-party website. Facebook, Twitter and LinkedIn are registered trademarks of their respective owners.

    Mutual Funds: American Century Investment Services, Inc., Distributor.

    Exchange Traded Funds (ETFs): Foreside Fund Services, LLC – Distributor, not affiliated with American Century Investment Services, Inc.

    © 2024 American Century Proprietary Holdings, Inc. All rights reserved.