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AVMA

Avantis Moderate Allocation ETF

Market Price
$57.06
as of 06/18/2024
1 Day Market Price
Change
Direction arrow up $0.19 (0.33%)
as of 06/18/2024
YTD Market Price
Total Return
5.21
as of 05/31/2024
NAV
$57.06
as of 06/18/2024
1 Day NAV Change
Direction arrow up $0.19 (0.34%)
as of 06/18/2024
YTD NAV
Total Return
5.18
as of 05/31/2024
Gross Expense Ratio
0.23%
as of 01/01/2024
Net Expense Ratio
0.21%
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.

Returns or yields for the fund would have been lower if .02% of the fund's management fee had not been waived. The advisor expects this waiver to continue until December 31, 2024, and cannot terminate it prior to such date without the approval of the Board of Trustees. Review the annual or semiannual report for the most current information.

    Why AVMA?

    • This strategy is a strategic allocation designed to provide broad market exposure while emphasizing securities with higher expected returns.* The strategy pursues its objective through investing in a series of other Avantis equity and fixed income exchange-traded funds (ETFs).

    • It pursues the benefits associated with indexing (diversification, low turnover, transparency of exposures) but with the ability to add value by making investment decisions using information in current prices.

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

    • This strategy is built to provide an investor with an effective total-market allocation with exposure to both equity and fixed income markets.

    Fund Facts

    Ticker
    AVMA
    Objective
    Seeks long-term capital appreciation.
    Intraday Ticker
    AVMA.IV
    Inception Date
    06/27/2023
    # of Holdings
    16
    as of 04/30/2024
    CUSIP
    025072182
    ISIN
    US0250721828
    SEDOL
    BMB3RT9
    Exchange
    NYSE Arca
    Distribution Frequency
    Semi-Annual
    Total Assets
    $12,552,942.33
    as of 06/18/2024
    Shares Outstanding
    220,000.00
    as of 06/18/2024

    Performance

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

    As of:
        05/31/2024

    TOTAL RETURN

    CUMULATIVE
    AVERAGE ANNUAL
    Info icon
    YTD% 1 MO 3 MO 1 YR 3 YR 5 YR 10 YR LIFE
    AVMA (NAV)
    Info icon
    5.18%3.56%3.18%- -- -- -- -14.13%
    AVMA (MARKET PRICE)
    Info icon
    5.21%3.39%3.19%- -- -- -- -14.14%
    5.47%2.96%2.64%15.99%2.97%7.97%6.01%- -
    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
    2.56%
    as of 05/31/2024
    Yield to Worst
    5.23%
    as of 05/31/2024
    Yield to Maturity
    5.23%
    as of 05/31/2024

    Fees

    Gross Expense Ratio
    Info icon
    0.23%
    Net Expense Ratio
    Info icon
    0.21%

    Pricing

    Market Prices

    Info icon
    Current price as of 06/18/2024
    Market Price
    $57.06
    1 Day Market Price Change
    Direction arrow up $0.19 (0.33%)
    30 Day Median bid ask spread
    0.12%
    Day High Price
    $57.08
    Day Low Price
    $57.05
    Closing Price
    $57.06

    NAV

    Current price as of 06/18/2024
    NAV
    $57.06
    1 Day Nav Change
    Direction arrow up $0.19 (0.34%)

    52 Week Range

    Current price as of 06/18/2024
    52 Week High
    $57.32
    52 Week Low
    $48.10

    Trading

    Current price as of 06/18/2024
    Premium/Discount
    Info icon
    0.02%
    Details >

    Portfolio

    Sector Weightings

    Due to rounding, these values may not add to 100% | As of 05/31/2024
    Info icon
    Financials
    Financials

    18%

    Industrials
    Industrials

    15%

    Information Technology
    Information Technology

    14%

    Consumer Discretionary
    Consumer Discretionary

    13%

    Energy
    Energy

    9%

    Materials
    Materials

    7%

    Health Care
    Health Care

    7%

    Communication Services
    Communication Services

    6%

    Consumer Staples
    Consumer Staples

    5%

    Real Estate
    Real Estate

    3%

    Utilities
    Utilities

    2%

    Country Allocation

    Due to rounding, these values may not add to 100% | As of 05/31/2024
    Info icon
    • United States

      United States

      71%

    • Japan

      Japan

      4%

    • United Kingdom

      United Kingdom

      3%

    • China

      China

      3%

    • India

      India

      2%

    • Taiwan

      Taiwan

      2%

    • Canada

      Canada

      2%

    • France

      France

      2%

    • South Korea

      South Korea

      1%

    • Australia

      Australia

      1%

    Top 10 Holdings

    Info icon

    As of 06/17/2024 View all Holdings

    COMPANY
    TICKER
    CUSIP
    ISIN
    SECTOR
    MARKET VALUE ($)
    WEIGHT
    AVANTIS US EQUITY ETF AVANTIS U.S. EQUITY ETF AVUS 025072885 US0250728856 DIVERSIFIED 3,717,089.35 29.71%
    AVANTIS CORE FIXED INCOME ETF AVANTIS CORE FIXED INCOME AVIG 025072562 US0250725621 DIVERSIFIED 2,660,159.06 21.26%
    AVANTIS SHORT TERM FIXED INCOM AVANTIS SHORT TERM FIXED INC AVSF 025072687 US0250726876 DIVERSIFIED 1,293,579.27 10.34%
    AVANTIS US LARGE CAP VALUE ETF AVANTIS US LARGE CAP VALUE AVLV 025072349 US0250723493 DIVERSIFIED 1,267,339.86 10.13%
    AVANTIS INTERNATIONAL EQUITY E AVANTIS INTERNATIONAL EQUITY AVDE 025072703 US0250727031 DIVERSIFIED 883,924.20 7.07%
    AVANTIS EMERGING MARKETS EQUIT AVANTIS EMERGING MARKETS EQ AVEM 025072604 US0250726041 DIVERSIFIED 546,721.36 4.37%
    AVANTIS INTERNATIONAL LARGE CA AVANTIS INT LRG CAP VAL ETF AVIV 025072364 US0250723642 DIVERSIFIED 434,660.80 3.47%
    AVANTIS U.S. SMALL CAP VALUE E AVANTIS US SMALL CAP VALUE AVUV 025072877 US0250728773 DIVERSIFIED 325,232.10 2.60%
    AVANTIS US SMALL CAP EQUITY ET AVANTIS US SMALL CAP EQUITY AVSC 025072323 US0250723238 DIVERSIFIED 324,851.20 2.60%
    AVANTIS EMERGING MARKETS VALUE AVANTIS EMERGING MARKETS VAL AVES 025072372 US0250723725 DIVERSIFIED 306,964.24 2.45%

    Exchange Traded Funds (ETFs) are bought and sold through an 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.

    The fund's performance and risks reflect the performance and risks of the underlying funds in which it invests. By investing in underlying funds, the primary fund becomes a shareholder of the underlying fund and bears its proportionate share of the underlying fees and expenses.

    The fund's performance and risks depend in part on the managers' skill in selecting and weighting the asset classes and underlying funds and implementing any deviations from the target range, which may differ from actual market conditions.

    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.

    Historically, small- and/or mid-cap stocks have been more volatile than the stock of larger, more-established companies. Smaller companies may have limited resources, product lines and markets, and their securities may trade less frequently and in more limited volumes than the securities of larger companies.

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

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

    The fund's actual asset mixes will vary from the neutral mix based on investment performance. Fund managers regularly review the portfolios and will rebalance the asset mix to stay within the funds' preset operating ranges.

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

    *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.

    Source: MSCI. Morgan Stanley Capital International (MSCI) makes no express or implied warranties or representations and shall have no liability whatsoever with respect to any MSCI data contained herein. The MSCI data may not be further redistributed or used to create indices or financial products. This report is not approved or produced by MSCI.

    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.