Change
-$0.05
(-0.10%)
Total Return
Total Return
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. Effective July 1, 2025, market performance is determined using the official closing price as reported by the ETF's primary exchange. Prior to July 1, 2025, market performance was 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 AVGB?
Invests primarily in investment-grade quality debt obligations from a diverse group of U.S. and non-U.S. issuers.
Pursues the benefits associated with indexing (diversification, low turnover, transparency and tax efficiency) but with the ability to add value by making active investment decisions using information in current prices.
Efficient portfolio management and trading process designed to enhance returns while focusing on reducing unnecessary risks and costs for investors.
Built to fit seamlessly into an investor's asset allocation.
Fund Facts
Performance
To view month-end or historical performance, use the drop-down below.
TOTAL RETURN
CUMULATIVE
| AVERAGE ANNUAL
Average Annual Returns illustrate the annual compounded returns that would have produced the cumulative total return if the fund's performance had remained constant throughout the period indicated. Returns for periods less than one year are not annualized. | |||||||
|---|---|---|---|---|---|---|---|---|
| YTD% | 1 MO | 3 MO | 1 YR | 3 YR | 5 YR | 10 YR | LIFE | |
|
AVGB (NAV)
Net Asset Value. The total value per ETF share of all the underlying securities in an ETF's portfolio. The NAV Return is based on the NAV of the fund. NAV returns assume that dividends and capital gain distributions have been reinvested in the fund at NAV. |
- - | 0.09% | 1.52% | - - | - - | - - | - - | 2.51% |
|
AVGB (MARKET PRICE)
The fund's per share Net Asset Value (NAV) is the value of one share of the fund. Effective July 1, 2025, Market Price is determined using the official closing price as reported by the ETF's primary exchange. Prior to July 1, 2025, Market Price was determined by using the midpoint between the highest bid and the lowest offer on the primary stock exchange on which the shares of the fund are listed for trading, as of the time that the fund's NAV is calculated. The NAV Return is based on the NAV of the fund, and the Market Price Return is based on the market price per share of the fund. Since shares of the fund did not trade in the secondary market until after the fund's inception, for the period from inception to the first day of secondary market trading in shares of the fund, the NAV of the fund is used as a proxy for the Market Price to calculate market returns. Market Price and NAV returns assume that dividends and capital gain distributions have been reinvested in the fund at Market Price and NAV, respectively. |
- - | 0.18% | 1.60% | - - | - - | - - | - - | 2.54% |
| - - | 0.29% | 1.65% | - - | - - | - - | - - | - - | |
Yields
30-Day SEC Unsubsidized Yield: Represents net investment income earned by a fund over a 30-day period, expressed as an annual percentage rate based on the fund's share price at the end of the 30-day period. Unsubsidized yield does not adjust for any fee waivers and/or expense reimbursements in effect. Yield to Maturity: The internal rate of return of the security based on the given market price—it is the single discount rate that equates a security price (inclusive of accrued interest) with its projected cashflows. Yield to Worst: Lowest yield possible for a security given the current price, taking into account both call dates and maturity.
Subsidized Yield
Fees
The gross expense ratio is the fund's total annual operating costs, expressed as a percentage of the fund's average net assets for a given time period. It is gross of any fee waivers or expense reimbursement. Please see the prospectus for more information.
The net expense ratio is the expense ratio after the application of any waivers or reimbursement. This is the actual ratio that investors paid during the fund's most recent fiscal year. Please see the prospectus for more information.
Pricing
Market Prices
The fund's per share Net Asset Value (NAV) is the value of one share of the fund. Effective July 1, 2025, Market Price is determined using the official closing price as reported by the ETF's primary exchange. Prior to July 1, 2025, Market Price was determined by using the midpoint between the highest bid and the lowest offer on the primary stock exchange on which the shares of the fund are listed for trading, as of the time that the fund's NAV is calculated. The NAV Return is based on the NAV of the fund, and the Market Price Return is based on the market price per share of the fund. Since shares of the fund did not trade in the secondary market until after the fund's inception, for the period from inception to the first day of secondary market trading in shares of the fund, the NAV of the fund is used as a proxy for the Market Price to calculate market returns. Market Price and NAV returns assume that dividends and capital gain distributions have been reinvested in the fund at Market Price and NAV, respectively.
-$0.05
(-0.10%)
52 Week Range
Trading
A premium is the amount that the fund is trading above the reported NAV, expressed as a percentage of the NAV. A discount is the amount that the fund is trading below the reported NAV, expressed as a percentage of the NAV.
Portfolio
Top 10 Holdings
This value represents the top ten holdings included in the portfolio on a percent of assets basis. Holding weights are rounded to the nearest whole number, which may result in the display of less than ten holdings. Holdings are subject to change without notice. Shares are units of ownership interest in a corporation or financial asset that provide for an equal distribution in any profits, if any are declared, in the form of dividends. In the context of debt instruments, principal can refer to the face value, or par value, of a bond—that is, the actual amount listed on the bond itself. Avantis Investors publishes this listing of identities and quantities of each position held by the fund on each business day, before commencement of trading. Securities are reported at market value. The portfolio data and its presentation here may differ from the complete schedules of investments in regulatory filings due to differing accounting and reporting requirements.
As of 08/06/2025
View all Holdings
COMPANY |
TICKER | CUSIP
|
ISIN
|
SECTOR | MARKET VALUE ($)
|
WEIGHT
|
|---|---|---|---|---|---|---|
| EUR251031 | EUR251031 | -- | null | -1,684.50 | 31.84% | |
| SPED05UQ1 CDS USD R F 5.00000 SPED05UQ1_FEE CCPCDX | 99S27RS36 | -- | null | 14,706.36 | 4.19% | |
| CAD250829 | CAD250829 | -- | null | 1,283.22 | 3.87% | |
| TREASURY BILL 09/25 0.00000 | 912797MH7 | US912797MH75 | null | 448,510.75 | 3.51% | |
| US 5YR NOTE (CBT) SEP25 XCBT 20250930 | FVU25 | ADI2VWND1 | -- | null | 2,455.08 | 2.56% |
| SIEMENS FINANCIERINGSMAT COMPANY GUAR REGS 11/28 3 | ACI2MY4W8 | XS2769892519 | null | 238,100.61 | 1.86% | |
| BASF SE SR UNSECURED REGS 06/28 3.125 | ACI26LYN1 | XS2491542374 | null | 238,017.95 | 1.86% | |
| NOVO NORDISK FINANCE NL COMPANY GUAR REGS 05/34 3.375 | ACI2P44X9 | XS2820460751 | null | 234,208.03 | 1.83% | |
| ABBVIE INC SR UNSECURED 03/31 4.95 | 00287YDT3 | US00287YDT38 | null | 206,350.43 | 1.61% | |
| CISCO SYSTEMS INC SR UNSECURED 02/34 5.05 | 17275RBT8 | US17275RBT86 | null | 205,758.53 | 1.61% |
Exchange Traded Funds (ETFs) 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 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.
International investing involves special risks, such as political instability and currency fluctuations.
Derivatives may be more sensitive to changes in market conditions and may amplify risks.
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.
