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AVLC

Avantis U.S. Large Cap Equity ETF

Market Price
$57.98
as of 02/20/2024
1 Day Market Price
Change
Direction arrow down -$0.34 (-0.59%)
as of 02/20/2024
YTD Market Price
Total Return
1.29
as of 01/31/2024
NAV
$57.95
as of 02/20/2024
1 Day NAV Change
Direction arrow down -$0.36 (-0.62%)
as of 02/20/2024
YTD NAV
Total Return
1.32
as of 01/31/2024
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 AVLC?

    • Invests in a broad set of U.S. large-capitalization companies and is designed to increase expected returns by overweighting securities trading at lower valuations* and with higher profitability ratios.**

    • Pursues the benefits associated with indexing (diversification, low turnover, transparency of exposures), but with the ability to add value by making active investment decisions using the 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

    Ticker
    AVLC
    Objective
    Seeks long-term capital appreciation.
    Intraday Ticker
    AVLC.IV
    Inception Date
    09/26/2023
    # of Holdings
    918
    as of 12/31/2023
    CUSIP
    025072158
    ISIN
    US0250721588
    SEDOL
    BLFHL32
    Exchange
    NYSE Arca
    Distribution Frequency
    Quarterly
    Total Assets
    $190,081,344.14
    as of 02/20/2024
    Shares Outstanding
    3,280,000.00
    as of 02/20/2024

    Performance

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

    As of:
        01/31/2024

    TOTAL RETURN

    CUMULATIVE
    AVERAGE ANNUAL
    Info icon
    YTD% 1 MO 3 MO 1 YR 3 YR 5 YR 10 YR LIFE
    AVLC (NAV)
    Info icon
    1.32%1.32%16.43%- -- -- -- -14.34%
    AVLC (MARKET PRICE)
    Info icon
    1.29%1.29%16.42%- -- -- -- -14.33%
    1.39%1.39%16.34%20.23%9.78%13.99%12.32%- -
    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
    0.15%
    Net Expense Ratio
    Info icon
    0.15%

    Pricing

    Market Prices

    Info icon
    Current price as of 02/20/2024
    Market Price
    $57.98
    1 Day Market Price Change
    Direction arrow down -$0.34 (-0.59%)
    30 Day Median bid ask spread
    0.07%
    Day High Price
    $58.30
    Day Low Price
    $57.86
    Closing Price
    $57.99

    NAV

    Current price as of 02/20/2024
    NAV
    $57.95
    1 Day Nav Change
    Direction arrow down -$0.36 (-0.62%)

    52 Week Range

    Current price as of 02/20/2024
    52 Week High
    $58.71
    52 Week Low
    $47.70

    Trading

    Current price as of 02/20/2024
    Premium/Discount
    Info icon
    0.05%
    Details >

    Portfolio

    Top 10 Holdings

    Info icon

    As of 02/20/2024 View all Holdings

    COMPANY
    TICKER
    CUSIP
    ISIN
    SECTOR
    MARKET VALUE ($)
    WEIGHT
    MICROSOFT CORP COMMON STOCK USD.00000625 MSFT 594918104 US5949181045 INFORMATION TECHNOLOGY 9,745,101.26 5.07%
    APPLE INC COMMON STOCK USD.00001 AAPL 037833100 US0378331005 INFORMATION TECHNOLOGY 9,153,528.96 4.76%
    NVIDIA CORP COMMON STOCK USD.001 NVDA 67066G104 US67066G1040 INFORMATION TECHNOLOGY 5,240,847.92 2.72%
    AMAZON.COM INC COMMON STOCK USD.01 AMZN 023135106 US0231351067 CONSUMER DISCRETIONARY 4,994,856.60 2.60%
    META PLATFORMS INC CLASS A COMMON STOCK USD.000006 META 30303M102 US30303M1027 COMMUNICATION SERVICES 4,673,857.50 2.43%
    ALPHABET INC CL A COMMON STOCK USD.001 GOOGL 02079K305 US02079K3059 COMMUNICATION SERVICES 2,635,980.48 1.37%
    ALPHABET INC CL C COMMON STOCK USD.001 GOOG 02079K107 US02079K1079 COMMUNICATION SERVICES 2,210,783.40 1.15%
    JPMORGAN CHASE + CO COMMON STOCK USD1.0 JPM 46625H100 US46625H1005 FINANCIALS 2,118,118.05 1.10%
    ELI LILLY + CO COMMON STOCK LLY 532457108 US5324571083 HEALTH CARE 1,968,494.30 1.02%
    EXXON MOBIL CORP COMMON STOCK XOM 30231G102 US30231G1022 ENERGY 1,815,078.75 0.94%

    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.

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

    The Russell 1000® Index is a trademark/service mark of the Frank Russell Company. Russell® is trademark of the Frank Russell Company.

    *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.

    **Profitability-to-Book: The profitability-to-book ratio is used to measure a company's profitability relative to its book value. A company's profitability is generally calculated by subtracting operating expenses from its gross profit. Book value is generally a firm's reported assets minus its liabilities on its balance sheet.

    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.