Key stats
About American Century Focused Large Cap Value ETF
Home page
Inception date
Mar 31, 2020
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
American Century Investment Management, Inc.
Distributor
Foreside Fund Services LLC
ISIN
US0250727940
FLV is one of the first two actively managed, non-transparent ETFs to begin trading. The fund selects undervalued US large-cap stocks. The fund managers select a concentrated portfolio of 30-50 stocks by focusing on fundamentals such as earning, cash flows and/or assets. Positions are initiated when they believe valuation is low and sell when they believe value is accurately reflected. American Century discloses FLV's holdings 15 days after the calendar quarter for the preceding three months instead of daily. The fund provides a verified intraday indicative value (VIIV) calculated every second during the trading day, to provide enough information to allow an arbitrage mechanism intending to keep the funds share price close to the underlying net asset value. Authorized Participants who create/redeem shares have less information regarding the portfolio on a daily basis, which may result in wider spreads.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Health Technology
Consumer Non-Durables
Stocks99.19%
Finance24.16%
Health Technology16.98%
Consumer Non-Durables14.96%
Electronic Technology9.57%
Utilities5.46%
Transportation4.61%
Process Industries3.45%
Energy Minerals3.41%
Industrial Services3.29%
Producer Manufacturing2.93%
Technology Services2.79%
Distribution Services1.99%
Communications1.67%
Non-Energy Minerals1.55%
Consumer Durables1.20%
Health Services1.18%
Bonds, Cash & Other0.81%
Mutual fund0.81%
Stock breakdown by region
North America86.06%
Europe13.94%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
FLV invests in stocks. The fund's major sectors are Finance, with 24.16% stocks, and Health Technology, with 16.98% of the basket. The assets are mostly located in the North America region.
FLV top holdings are Johnson & Johnson and JPMorgan Chase & Co., occupying 5.56% and 4.23% of the portfolio correspondingly.
FLV last dividends amounted to 0.45 USD. The quarter before, the issuer paid 0.31 USD in dividends, which shows a 29.98% increase.
FLV assets under management is 269.46 M USD. It's fallen 2.16% over the last month.
FLV fund flows account for 14.11 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, FLV pays dividends to its holders with the dividend yield of 1.79%. The last dividend (Jun 26, 2025) amounted to 0.45 USD. The dividends are paid quarterly.
FLV shares are issued by American Century Cos., Inc. under the brand American Century. The ETF was launched on Mar 31, 2020, and its management style is Active.
FLV expense ratio is 0.42% meaning you'd have to pay 0.42% of your investment to help manage the fund.
FLV follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
FLV invests in stocks.
FLV price has risen by 0.50% over the last month, and its yearly performance shows a 8.05% increase. See more dynamics on FLV price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.86% over the last month, showed a 7.76% increase in three-month performance and has increased by 9.50% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.86% over the last month, showed a 7.76% increase in three-month performance and has increased by 9.50% in a year.
FLV trades at a premium (0.29%) meaning the ETF is trading at a higher price than the calculated NAV.