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American Century Sustainable Equity ETF
Active ETF
ESGA
Payout Change
Pending
Price as of:
$73.15
-0.26
-0.35%
primary theme
N/A
ESGA (ETF)
American Century Sustainable Equity ETF
Payout Change
Pending
Price as of:
$73.15
-0.26
-0.35%
primary theme
N/A
ESGA (ETF)
American Century Sustainable Equity ETF
Payout Change
Pending
Price as of:
$73.15
-0.26
-0.35%
primary theme
N/A
Name
As of 12/09/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
24.1%
1 yr return
29.0%
3 Yr Avg Return
8.0%
5 Yr Avg Return
N/A
Net Assets
$198 M
Holdings in Top 10
37.8%
52 WEEK LOW AND HIGH
$73.4
$58.39
$73.51
Expenses
OPERATING FEES
Expense Ratio 0.39%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 22.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 12/09/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
ESGA - Profile
Distributions
- YTD Total Return 24.1%
- 3 Yr Annualized Total Return 8.0%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 0.91%
- Dividend Yield 1.0%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameAmerican Century Sustainable Equity ETF
-
Fund Family NameAmerican Century Investments
-
Inception DateJul 13, 2020
-
Shares Outstanding2580000
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJoseph Reiland
Fund Description
The fund will generally invest in large capitalization companies it believes show sustainable business improvement using a proprietary multi-factor model that combines fundamental measures of a stock’s value and growth potential with environmental, social, and governance (ESG) metrics. The model assigns each security a financial metrics score and an ESG score that are combined on an equal basis to create an overall score.
To measure value, the portfolio managers may use ratios of stock price-to-earnings and stock price-to-cash flow. To measure growth, the managers may use the rate of growth of a company’s earnings and cash flow and changes in its earnings estimates. The model also considers price momentum. The team arrives at an ESG score by evaluating multiple metrics of each ESG characteristic—environmental, social, and governance. The portfolio managers utilize internal data and research, as well as third party commercial data sources and scoring systems, to evaluate each security’s ESG characteristics. To the extent such information is available, portfolio managers will consider, among others, a company’s carbon emission profile, energy and water usage, or waste generation (environmental), a company’s employee turnover rates, digital privacy, or worker safety (social), and a company’s corporate leadership, including board chair independence and the independence of audit and compensation committees or shareholder rights such as say on pay (governance). If an ESG score is unavailable or incomplete, a security may still be selected for the portfolio if the portfolio managers believe they can evaluate the security qualitatively, or if the financial metrics and/or remaining ESG data merit investment. Qualitative review of portfolio securities may include examination of registration statements and other information provided by the company as well as engagement with company management.
Final scores for each security are evaluated on a sector-specific basis, and the fund seeks to hold securities with the strongest scores in their respective sectors. Using this process, the portfolio managers attempt to build a portfolio of stocks that has sustainable competitive advantages, provides better returns without taking on significant additional risk, and maintains a stronger ESG profile than the S&P 500® Index.
Under normal market conditions, the fund will invest at least 80% of its assets in sustainable equity securities. For this purpose, the advisor defines sustainable securities as those to which the advisor’s proprietary model assigns an ESG score that is in the top three quartiles of the ESG scores the model assigns to all of the securities in the fund’s benchmark, the S&P 500® Index. Any assets held in cash or cash equivalents do not receive an ESG score and are not considered sustainable for purposes of the fund’s 80% test. The fund
will invest principally in exchange-traded common stocks. The fund defines large capitalization companies as companies with capitalizations in the capitalization range of the S&P 500® Index.
When determining whether to sell a security, the portfolio managers consider among other things, a security’s price, whether a security’s risk parameters outweigh its return opportunities, general market conditions, and whether the security meets their ESG criteria.
The fund is an actively managed, nontransparent exchange-traded fund (ETF) that does not seek to replicate the performance of a specified index. In lieu of publishing its portfolio contents (Actual Portfolio) daily, the fund publishes a proxy portfolio (Proxy Portfolio) each day and on its website. There is no minimum overlap required between the Actual Portfolio and the Proxy Portfolio.
ESGA - Performance
Return Ranking - Trailing
| Period | ESGA Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 24.1% | -25.4% | 48.4% | 63.89% |
| 1 Yr | 29.0% | -1.5% | 58.3% | 64.88% |
| 3 Yr | 8.0%* | -5.8% | 19.4% | 69.47% |
| 5 Yr | N/A* | -7.6% | 110.8% | 71.40% |
| 10 Yr | N/A* | -0.1% | 53.0% | 73.18% |
* Annualized
Return Ranking - Calendar
| Period | ESGA Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 23.3% | -42.6% | 47.4% | 25.54% |
| 2022 | -20.2% | -56.3% | -4.2% | 37.60% |
| 2021 | 27.9% | -27.2% | 537.8% | 3.63% |
| 2020 | N/A | -22.5% | 2181.7% | N/A |
| 2019 | N/A | -13.5% | 40.4% | N/A |
Total Return Ranking - Trailing
| Period | ESGA Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 24.1% | -25.4% | 48.4% | 63.89% |
| 1 Yr | 29.0% | -1.5% | 58.3% | 64.88% |
| 3 Yr | 8.0%* | -5.8% | 19.4% | 69.47% |
| 5 Yr | N/A* | -7.6% | 110.8% | N/A |
| 10 Yr | N/A* | -0.1% | 53.0% | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | ESGA Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 24.7% | -5.0% | 47.4% | 45.37% |
| 2022 | -19.4% | -36.8% | -2.2% | 71.88% |
| 2021 | 29.0% | 3.0% | 537.8% | 19.10% |
| 2020 | N/A | -15.8% | 2266.0% | N/A |
| 2019 | N/A | -0.4% | 241.3% | N/A |
ESGA - Holdings
Concentration Analysis
| ESGA | Category Low | Category High | ESGA % Rank | |
|---|---|---|---|---|
| Net Assets | 198 M | 2.34 M | 1.55 T | 82.29% |
| Number of Holdings | 101 | 2 | 3963 | 54.04% |
| Net Assets in Top 10 | 99.6 M | 880 K | 525 B | 78.75% |
| Weighting of Top 10 | 37.84% | 0.3% | 111.6% | 43.51% |
Top 10 Holdings
- Microsoft Corp 7.87%
- Apple Inc 6.74%
- NVIDIA Corp 6.59%
- Alphabet Inc 3.94%
- Amazon.com Inc 3.23%
- Meta Platforms Inc 2.37%
- UnitedHealth Group Inc 2.02%
- JPMorgan Chase Co 1.79%
- NextEra Energy Inc 1.68%
- Visa Inc 1.62%
Asset Allocation
| Weighting | Return Low | Return High | ESGA % Rank | |
|---|---|---|---|---|
| Stocks | 99.62% | 0.00% | 105.79% | 28.09% |
| Cash | 0.38% | 0.00% | 99.07% | 69.03% |
| Preferred Stocks | 0.00% | 0.00% | 2.03% | 15.57% |
| Other | 0.00% | -13.91% | 100.00% | 44.07% |
| Convertible Bonds | 0.00% | 0.00% | 5.54% | 10.58% |
| Bonds | 0.00% | 0.00% | 93.85% | 17.30% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | ESGA % Rank | |
|---|---|---|---|---|
| Technology | 26.12% | 0.00% | 48.94% | 21.31% |
| Financial Services | 14.54% | 0.00% | 55.59% | 33.98% |
| Consumer Cyclical | 13.16% | 0.00% | 30.33% | 10.15% |
| Healthcare | 12.39% | 0.00% | 52.29% | 85.07% |
| Industrials | 9.61% | 0.00% | 29.90% | 40.02% |
| Communication Services | 7.79% | 0.00% | 27.94% | 60.40% |
| Consumer Defense | 6.36% | 0.00% | 47.71% | 65.60% |
| Energy | 3.16% | 0.00% | 41.64% | 67.03% |
| Real Estate | 2.47% | 0.00% | 31.91% | 60.57% |
| Basic Materials | 2.45% | 0.00% | 25.70% | 57.30% |
| Utilities | 1.94% | 0.00% | 20.91% | 66.95% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | ESGA % Rank | |
|---|---|---|---|---|
| US | 99.62% | 0.00% | 105.79% | 24.30% |
| Non US | 0.00% | 0.00% | 63.83% | 27.18% |
ESGA - Expenses
Operational Fees
| ESGA Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.39% | 0.01% | 19.75% | 79.27% |
| Management Fee | 0.39% | 0.00% | 1.90% | 35.26% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.00% | 0.85% | N/A |
Sales Fees
| ESGA Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 1.00% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| ESGA Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.25% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| ESGA Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 22.00% | 0.00% | 268.00% | 43.99% |
ESGA - Distributions
Dividend Yield Analysis
| ESGA | Category Low | Category High | ESGA % Rank | |
|---|---|---|---|---|
| Dividend Yield | 1.02% | 0.00% | 25.47% | 62.51% |
Dividend Distribution Analysis
| ESGA | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | None | Annual | Quarterly | Annual |
Net Income Ratio Analysis
| ESGA | Category Low | Category High | ESGA % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.91% | -54.00% | 2.44% | 37.54% |
Capital Gain Distribution Analysis
| ESGA | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Semi-Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Sep 23, 2024 | $0.187 | OrdinaryDividend |
| Jun 24, 2024 | $0.126 | OrdinaryDividend |
| Mar 21, 2024 | $0.154 | OrdinaryDividend |
| Dec 18, 2023 | $0.193 | OrdinaryDividend |
| Sep 21, 2023 | $0.162 | OrdinaryDividend |
| Jun 20, 2023 | $0.140 | OrdinaryDividend |
| Mar 23, 2023 | $0.154 | OrdinaryDividend |
| Dec 15, 2022 | $0.111 | OrdinaryDividend |
| Sep 20, 2022 | $0.165 | OrdinaryDividend |
| Jun 21, 2022 | $0.128 | OrdinaryDividend |
| Mar 22, 2022 | $0.124 | OrdinaryDividend |
| Dec 16, 2021 | $0.112 | OrdinaryDividend |
| Sep 21, 2021 | $0.108 | OrdinaryDividend |
| Jun 22, 2021 | $0.111 | OrdinaryDividend |
| Mar 23, 2021 | $0.103 | OrdinaryDividend |
| Dec 17, 2020 | $0.127 | OrdinaryDividend |
| Sep 22, 2020 | $0.075 | OrdinaryDividend |
ESGA - Fund Manager Analysis
Managers
Joseph Reiland
Start Date
Tenure
Tenure Rank
Jul 15, 2020
1.88
1.9%
Joe co-manages the U.S. Sustainable Large Cap Core, U.S. Systematic Large Cap Core and U.S. Systematic All Cap Core strategies and provides quantitative research and risk management for these strategies as well as U.S. Large Cap Growth. Joe has been a member of this team since the firm in 2000. Previously, he was an equity analyst in the equity research department at Commerce Bank. Joe has worked in the investment industry since 1995. He earned a bachelor's degree from the Olin School of Business at Washington University in St. Louis. Joe is a CFA charterholder and a member of the CFA Institute.
Justin Brown
Start Date
Tenure
Tenure Rank
Jul 15, 2020
1.88
1.9%
Justin co-manages the U.S. Large Cap Growth and U.S. Sustainable Large Cap Core strategies and provides fundamental research and equity analysis on the consumer discretionary, commercial services, and technology sectors for these strategies. Justin has been a member of this team since joining the firm in 2000. Previously, he was an equity analyst at USAA Investment Management Company with responsibilities for technology and retail sector coverage. Prior to USAA, Justin was an equity analyst at Hanifen Imhoff. He earned a bachelor's degree in finance from Texas Christian University. Justin is a CFA charterholder and a member of the CFA Institute.
Robert Bove
Start Date
Tenure
Tenure Rank
Jul 15, 2020
1.88
1.9%
Rob co-manages the U.S. Sustainable Large Cap Core strategy and provides fundamental research and equity analysis on the health care and consumer staples sectors for this strategy as well as the U.S. Large Cap Growth strategy. He has been a member of the team since joining the firm in 2005. Previously, he was an analyst for U.S. Trust Company of New York with responsibilities that included health care sector coverage. Rob has worked in the investment industry since 1994. He earned a bachelor's degree in accounting from Villanova University and a master's degree in business administration with a concentration in finance from New York University.
Rene Casis
Start Date
Tenure
Tenure Rank
Jul 15, 2020
1.88
1.9%
Executive Chairman (since July 2016), Co-Chief Investment Officer (since June 2012),Mr. Casis, Portfolio Manager, has been a member of the team that manages the fund since joining American Century in 2018. Prior to joining American Century, he was a Partner at 55 Institutional, LLC from 2016 to 2017. From 2009 to 2016, he served in roles as US iShares Smart Beta Investment Strategist, US iShares Product Strategist and Senior Portfolio Manager in Beta Strategies for BlackRock Inc. He has a bachelor’s degree in economics from the University of California, Santa Barbara.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.04 | 39.02 | 7.27 | 2.42 |
