Symbols

MID

American Century Mid Cap Growth Impact ETF·NYSE

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Key Stats

Assets Under Management

97.11MUSD

Fund Flows (1Y)

995.70KUSD

Dividend Yield

0.13%

Discount/Premium to NAV

0.02%

Shares Outstanding

1.47M

Expense Ratio

0.45%

About American Century Mid Cap Growth Impact ETF

Issuer

American Century Investment Management, Inc.

Brand

American Century

Home Page

https://www.americancentury.com/invest/funds/american-century-mid-cap-growth-impact-etf/

Inception Date

Jul 13, 2020

Structure

Open-Ended Fund

Index Tracked

Management Style

Active

Dividend Treatment

Distributes

Distribution Tax Treatment

Qualified dividends

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

Max LT Capital Gains Rate

Primary Advisor

American Century Investment Management, Inc.

Distributor

Foreside Fund Services LLC

MID is one of the issuer's first actively-managed, non-transparent ETFs. Selection is based on individual company analysis, rather than broad economic forecasts. The portfolio generally holds 20-40 US midcaps with long-term growth and positive ESG traits. Firms are also gauged based on the UN Sustainable Development Goals (SDG) which may include: quality education, gender equality, and responsible consumption and production. The portfolio managers create an impact thesis to explain the firm's SDG alignment along with its fundamental growth. Unlike other ETFs that publish full portfolio holdings daily, MID publishes a "proxy portfolio” on its website. It only includes some holdings, designed to track MID's daily performance and help facilitate arbitrage opportunities. Holdings are disclosed on a quarterly basis, with a 60-day lag.