Symbols

VALQ

American Century U.S. Quality Value ETF·NYSE

--(--)

Key Stats

Assets Under Management

288.96MUSD

Fund Flows (1Y)

29.07MUSD

Dividend Yield

1.86%

Discount/Premium to NAV

0.06%

Shares Outstanding

4.33M

Expense Ratio

0.29%

About American Century U.S. Quality Value ETF

Issuer

American Century Investment Management, Inc.

Brand

American Century

Home Page

https://www.americancentury.com/invest/funds/american-century-us-quality-value-etf/

Inception Date

Jan 11, 2018

Structure

Open-Ended Fund

Index Tracked

American Century U.S. Quality Value Index

Management Style

Passive

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

VALQ tracks an index of US stocks that are undervalued or have sustainable income. The portfolio construction starts by screening the S-Network US Equity Large/Mid-Cap 1000 Index constituents based on quality factors, including profitability, return-on-assets, return-on-equity, leverage, and momentum. The index then scores securities based on valuation metrics such as earnings and cash flow yields. Lastly, an income screen based on dividend yield is applied. The final portfolio of typically 200-300 securities is optimized using quantitative models to provide an optimal balance between risk and expected return. The index is rebalanced monthly and reconstituted quarterly. On May 31, 2023, the fund and index names dropped the reference to STOXX.