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AVRE

Avantis Real Estate ETF

Market Price
$43.05
as of 07/12/2024
1 Day Market Price
Change
Direction arrow up $0.39 (0.90%)
as of 07/12/2024
YTD Market Price
Total Return
-3.43
as of 06/30/2024
NAV
$43.03
as of 07/12/2024
1 Day NAV Change
Direction arrow up $0.42 (0.99%)
as of 07/12/2024
YTD NAV
Total Return
-3.37
as of 06/30/2024
Gross Expense Ratio
0.17%
as of 01/01/2024
Net Expense Ratio
0.17%
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 AVRE?

    • Provides exposure to real estate securities focused on income derived from real estate investments and structured in a similar way as real estate investment trust (REITs).

    • 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 is designed to enhance returns while seeking to reduce unnecessary risks and costs for investors.

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

    Fund Facts

    Ticker
    AVRE
    Objective
    Seeks long-term capital appreciation.
    Intraday Ticker
    AVRE.IV
    Inception Date
    09/28/2021
    # of Holdings
    291
    as of 05/31/2024
    CUSIP
    025072356
    ISIN
    US0250723568
    SEDOL
    BLD3JG1
    Exchange
    NYSE Arca
    Distribution Frequency
    Quarterly
    Total Assets
    $507,798,312.50
    as of 07/12/2024
    Shares Outstanding
    11,800,000.00
    as of 07/12/2024

    Performance

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

    As of:
        06/30/2024

    TOTAL RETURN

    CUMULATIVE
    AVERAGE ANNUAL
    Info icon
    YTD% 1 MO 3 MO 1 YR 3 YR 5 YR 10 YR LIFE
    AVRE (NAV)
    Info icon
    -3.37%0.56%-1.67%4.34%- -- -- --4.05%
    AVRE (MARKET PRICE)
    Info icon
    -3.43%0.49%-1.70%4.38%- -- -- --4.04%
    -2.66%1.13%-1.48%5.10%-3.06%0.65%2.94%- -
    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
    0.17%
    Net Expense Ratio
    Info icon
    0.17%

    Pricing

    Market Prices

    Info icon
    Current price as of 07/12/2024
    Market Price
    $43.05
    1 Day Market Price Change
    Direction arrow up $0.39 (0.90%)
    30 Day Median bid ask spread
    0.17%
    Day High Price
    $43.26
    Day Low Price
    $43.00
    Closing Price
    $43.07

    NAV

    Current price as of 07/12/2024
    NAV
    $43.03
    1 Day Nav Change
    Direction arrow up $0.42 (0.99%)

    52 Week Range

    Current price as of 07/12/2024
    52 Week High
    $43.78
    52 Week Low
    $35.40

    Trading

    Current price as of 07/12/2024
    Premium/Discount
    Info icon
    0.05%
    Details >

    Portfolio

    Country Allocation

    Due to rounding, these values may not add to 100% | As of 06/30/2024
    Info icon
    • United States

      United States

      70%

    • Australia

      Australia

      7%

    • Japan

      Japan

      6%

    • United Kingdom

      United Kingdom

      4%

    • Singapore

      Singapore

      3%

    • France

      France

      2%

    • Canada

      Canada

      1%

    • Belgium

      Belgium

      1%

    • Mexico

      Mexico

      1%

    • Hong Kong

      Hong Kong

      1%

    Top 10 Holdings

    Info icon

    As of 07/11/2024 View all Holdings

    COMPANY
    TICKER
    CUSIP
    ISIN
    SECTOR
    MARKET VALUE ($)
    WEIGHT
    PROLOGIS INC REIT USD.01 PLD 74340W103 US74340W1036 REAL ESTATE 31,391,368.64 6.24%
    AMERICAN TOWER CORP REIT USD.01 AMT 03027X100 US03027X1000 REAL ESTATE 30,188,004.00 6.00%
    EQUINIX INC REIT USD.001 EQIX 29444U700 US29444U7000 REAL ESTATE 23,848,635.40 4.74%
    WELLTOWER INC REIT USD1.0 WELL 95040Q104 US95040Q1040 REAL ESTATE 18,659,304.30 3.71%
    GOODMAN GROUP REIT GMG B03FYZ909 AU000000GMG2 REAL ESTATE 16,034,505.05 3.19%
    DIGITAL REALTY TRUST INC REIT USD.01 DLR 253868103 US2538681030 REAL ESTATE 15,205,960.65 3.02%
    SIMON PROPERTY GROUP INC REIT USD.0001 SPG 828806109 US8288061091 REAL ESTATE 14,817,355.20 2.95%
    PUBLIC STORAGE REIT USD.1 PSA 74460D109 US74460D1090 REAL ESTATE 14,631,868.01 2.91%
    REALTY INCOME CORP REIT USD1.0 O 756109104 US7561091049 REAL ESTATE 14,022,085.00 2.79%
    CROWN CASTLE INC REIT USD.01 CCI 22822V101 US22822V1017 REAL ESTATE 13,291,100.48 2.64%

    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.

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

    Due to the limited focus of this fund, it may experience greater volatility than funds with a broader investment strategy. It is not intended to serve as a complete investment program by itself.

    This fund may be subject to many of the same risks as a direct investment in real estate. These risks include changes in economic conditions, interest rates, property values, property tax increases, overbuilding and increased competition, environmental contamination, zoning and natural disasters. This is due to the fact that the value of the fund's investments may be affected by the value of the real estate owned by the companies in which it invests. To the extent the fund invests in companies that make loans to real estate companies, the fund also may be subject to interest rate risk and credit risk.

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

    ©2022 Standard & Poor's Financial Services LLC. All rights reserved. For intended recipient only. No further distribution and/or reproduction permitted. Standard & Poor's Financial Services LLC ("S&P") does not guarantee the accuracy, adequacy, completeness or availability of any data or information contained herein and is not responsible for any errors or omissions or for the results obtained from the use of such data or information. S&P GIVES NO EXPRESS OR IMPLIED WARRANTIES, INCLUDING, BUT NOT LIMITED TO, ANY WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE IN CONNECTION TO THE DATA OR INFORMATION INCLUDED HEREIN. In no event shall S&P be liable for any direct, indirect, special or consequential damages in connection with recipient's use of such data or information.

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

    Contact Avantis Investors

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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.

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