Symbols

KORP

American Century Diversified Corporate Bond ETF·ARCA

--(--)

Key Stats

Assets Under Management

690.66MUSD

Fund Flows (1Y)

292.43MUSD

Dividend Yield

5.37%

Discount/Premium to NAV

-0.03%

Shares Outstanding

14.55M

Expense Ratio

0.29%

About American Century Diversified Corporate Bond ETF

Issuer

American Century Investment Management, Inc.

Brand

American Century

Home Page

https://www.americancentury.com/invest/funds/american-century-diversified-corporate-bond-etf/

Inception Date

Jan 11, 2018

Structure

Open-Ended Fund

Index Tracked

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

KORP is an active, income-focused fund focusing on US dollar-denominated corporate debt instruments. The fund includes bonds issued by both US and foreign entities, and may also hold the debt of supranational entities. While the fund plans to invest mainly in investment-grade issues, KORP may hold as much as 35% in high-yield (junk) bonds. The weighted average duration of the fund is expected to range between three and seven years.