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AVIE

Avantis Inflation Focused Equity ETF

Market Price
$60.78
as of 04/17/2024
1 Day Market Price
Change
Direction arrow down -$0.04 (-0.07%)
as of 04/17/2024
YTD Market Price
Total Return
9.91
as of 03/31/2024
NAV
$60.79
as of 04/17/2024
1 Day NAV Change
Direction arrow down -$0.04 (-0.06%)
as of 04/17/2024
YTD NAV
Total Return
9.95
as of 03/31/2024
Gross Expense Ratio
0.25%
as of 01/01/2024
Net Expense Ratio
0.25%
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 AVIE?

    • The strategy Invests primarily in a diverse group of U.S. companies in market sectors and industry groups that historically have had or that portfolio managers expect to have long-term correlation with inflation.

    • Within the eligible universe of securities, the fund seeks to increase expected returns* by emphasizing companies trading at attractive price multiples with stronger profitability characteristics.

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

    • The strategy is built to fit seamlessly into an investor's asset allocation, providing a tool for investors seeking an inflation-focused strategy with an equity driver of returns.

    Fund Facts

    Ticker
    AVIE
    Objective
    Seeks long-term capital appreciation.
    Intraday Ticker
    AVIE.IV
    Inception Date
    09/27/2022
    # of Holdings
    352
    as of 02/29/2024
    CUSIP
    025072240
    ISIN
    US0250722404
    SEDOL
    BM9YZD4
    Exchange
    NYSE Arca
    Distribution Frequency
    Quarterly
    Total Assets
    $4,863,230.75
    as of 04/17/2024
    Shares Outstanding
    80,000.00
    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
    AVIE (NAV)
    Info icon
    9.95%5.56%9.95%18.33%- -- -- -21.42%
    AVIE (MARKET PRICE)
    Info icon
    9.91%5.57%9.91%18.32%- -- -- -21.40%
    10.02%3.23%10.02%29.29%9.78%14.34%12.33%- -
    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.

    Fees

    Gross Expense Ratio
    Info icon
    0.25%
    Net Expense Ratio
    Info icon
    0.25%

    Pricing

    Market Prices

    Info icon
    Current price as of 04/17/2024
    Market Price
    $60.78
    1 Day Market Price Change
    Direction arrow down -$0.04 (-0.07%)
    30 Day Median bid ask spread
    0.13%
    Day High Price
    $61.19
    Day Low Price
    $60.82
    Closing Price
    $60.82

    NAV

    Current price as of 04/17/2024
    NAV
    $60.79
    1 Day Nav Change
    Direction arrow down -$0.04 (-0.06%)

    52 Week Range

    Current price as of 04/17/2024
    52 Week High
    $63.50
    52 Week Low
    $53.20

    Trading

    Current price as of 04/17/2024
    Premium/Discount
    Info icon
    0.00%
    Details >

    Portfolio

    Sector Weightings

    Due to rounding, these values may not add to 100% | As of 03/31/2024
    Info icon
    Health Care
    Health Care

    28%

    Energy
    Energy

    28%

    Financials
    Financials

    18%

    Consumer Staples
    Consumer Staples

    17%

    Materials
    Materials

    9%

    Real Estate
    Real Estate

    1%

    Consumer Discretionary
    Consumer Discretionary

    <1%

    Country Allocation

    Due to rounding, these values may not add to 100% | As of 03/31/2024
    Info icon
    • United States

      United States

      100%

    Top 10 Holdings

    Info icon

    As of 04/17/2024 View all Holdings

    COMPANY
    TICKER
    CUSIP
    ISIN
    SECTOR
    MARKET VALUE ($)
    WEIGHT
    BERKSHIRE HATHAWAY INC CL B COMMON STOCK USD.0033 BRK.B 084670702 US0846707026 FINANCIALS 289,554.72 5.95%
    EXXON MOBIL CORP COMMON STOCK XOM 30231G102 US30231G1022 ENERGY 239,276.71 4.92%
    ELI LILLY + CO COMMON STOCK LLY 532457108 US5324571083 HEALTH CARE 207,212.52 4.26%
    PROCTER + GAMBLE CO/THE COMMON STOCK PG 742718109 US7427181091 CONSUMER STAPLES 172,796.48 3.55%
    UNITEDHEALTH GROUP INC COMMON STOCK USD.01 UNH 91324P102 US91324P1021 HEALTH CARE 171,478.42 3.53%
    PEPSICO INC COMMON STOCK USD.017 PEP 713448108 US7134481081 CONSUMER STAPLES 140,329.44 2.89%
    CHEVRON CORP COMMON STOCK USD.75 CVX 166764100 US1667641005 ENERGY 136,537.20 2.81%
    COCA COLA CO/THE COMMON STOCK USD.25 KO 191216100 US1912161007 CONSUMER STAPLES 111,871.12 2.30%
    ABBVIE INC COMMON STOCK USD.01 ABBV 00287Y109 US00287Y1091 HEALTH CARE 100,192.50 2.06%
    CONOCOPHILLIPS COMMON STOCK USD.01 COP 20825C104 US20825C1045 ENERGY 85,467.78 1.76%

    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 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.

    The fund's investments are designed to correlate with inflation. There is no guarantee, however, that the value of the fund's securities will increase over time or that the future investment performance will correlate with inflation. Purchasing power decreases as inflation increases, and the future value of the fund's assets could decline. Further, to the extent the fund's investments do correlate with inflation, the value of the fund's investments could decline if inflation or inflation expectations recede. In addition, the fund invests primarily in a diverse group of U.S. equity companies in market sectors and industry groups the portfolio managers expect to appreciate in value if the U.S. inflation rate rises or is believed to be rising. The fund seeks to focus its investments in those industries that historically have had, or are expected to have, better performance in periods of rising inflation, which generally includes financial services, oil and gas, metals and mining, healthcare, and consumer staples companies. The prospectus contains very important information about the different risks associated with those types of industries and companies.

    *Expected Returns: Valuation theory shows that the expected return of a stock is a function of its current price, its book equity (assets minus liabilities) and expected future profits, and that the expected return of a bond is a function of its current yield and its expected capital appreciation (depreciation). We use information in current market prices and company financials to identify differences in expected returns among securities, seeking to overweight securities with higher expected returns based on this current market information. Actual returns may be different than expected returns, and there is no guarantee that the strategy will be successful.

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

    The Russell 3000® Index is a trademark/service mark of the Frank Russell Company. Russell® is trademark of the Frank Russell Company.

    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.