Avantis Core Fixed Income ETFAvantis Core Fixed Income ETFAvantis Core Fixed Income ETF

Avantis Core Fixed Income ETF

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Key stats


Assets under management (AUM)
‪1.22 B‬USD
Fund flows (1Y)
‪432.54 M‬USD
Dividend yield (indicated)
4.39%
Discount/Premium to NAV
−0.06%
Shares outstanding
‪29.25 M‬
Expense ratio
0.15%

About Avantis Core Fixed Income ETF


Issuer
American Century Cos., Inc.
Brand
Avantis
Inception date
Oct 13, 2020
Structure
Open-Ended Fund
Index tracked
No Underlying Index
Replication method
Physical
Management style
Active
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
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
US0250725621
AVIG actively selects a broad range of bonds from both US and non-US issuers. Securities may include those issued by corporations or governments and their agencies, instrumentalities, or sponsored corporationsincluding supranational organizations. The portfolio selection seeks bonds with high expected returns through a process that uses an analytical framework in which each bonds expected income and capital appreciation is assessed. Fund managers categorize the portfolios universe into component groups based on industry sector, credit rating, duration, country and currency. Then, each groups expected return implied by the yield curve is calculated, while considering valuation metrics such as yield, duration, and option adjusted spreads. The fund aims for a weighted average maturity within two years of the weighted average of its benchmark, the Bloomberg US Aggregate Bond index. The fund may also invest in credit default swaps and total return swaps.

Broaden your horizons with more funds linked to AVIG via country, focus, and more.

Classification


Asset Class
Fixed income
Category
Broad market, broad-based
Focus
Investment grade
Niche
Broad maturities
Strategy
Active
Geography
Global
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
Bonds, Cash & Other
Corporate
Government
Securitized
Stock breakdown by region
0.2%95%3%0.3%0.7%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
AVIG trades at 42.05 USD today, its price has risen 0.41% in the past 24 hours. Track more dynamics on AVIG price chart.
AVIG net asset value is 42.07 today — it's risen 1.31% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
AVIG assets under management is ‪1.22 B‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
AVIG price has risen by 1.08% over the last month, and its yearly performance shows a −0.66% decrease. See more dynamics on AVIG price chart.
NAV returns, another gauge of an ETF dynamics, showed a 4.33% increase in three-month performance and has increased by 4.16% in a year.
AVIG fund flows account for ‪432.54 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.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
AVIG invests in bonds. See more details in our Analysis section.
AVIG expense ratio is 0.15%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, AVIG isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, AVIG technical analysis shows the strong buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating AVIG shows the buy signal. See more of AVIG technicals for a more comprehensive analysis.
Yes, AVIG pays dividends to its holders with the dividend yield of 4.39%.
AVIG trades at a premium (0.06%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
AVIG shares are issued by American Century Cos., Inc.
AVIG follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Oct 13, 2020.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.