American Century Quality Preferred ETFAmerican Century Quality Preferred ETFAmerican Century Quality Preferred ETF

American Century Quality Preferred ETF

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Key stats


Assets under management (AUM)
‪79.45 M‬USD
Fund flows (1Y)
‪33.34 M‬USD
Dividend yield (indicated)
6.14%
Discount/Premium to NAV
−0.004%
Shares outstanding
‪2.16 M‬
Expense ratio
0.33%

About American Century Quality Preferred ETF


Issuer
American Century Cos., Inc.
Brand
American Century
Inception date
Feb 16, 2021
Structure
Open-Ended Fund
Index tracked
No Underlying Index
Management style
Active
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Ordinary income
QPFF provides an active-management approach to preferred securities from around the globe. The portfolio draws large, liquid preferreds of any maturity from the ICE Exchange-listed Preferred & Hybrid Securities Index. The portfolio holdings are screened using fundamental and technical metrics such as liquidity, credit risk, size, quality, and momentum. A portfolio of 100- 200 high-quality preferreds are selected. Quality here means high-profitability issuers that can sustain dividends throughout the market cycle, issuers with low exposure to cyclical sectors, and those with low exposure to credit and interest rate risk. The fund concentrates on the Financials Sector and may include floating-rate preferred securities, junior subordinated debt, senior unsecured debt obligations, and re-packaged preferreds. QPFF may have a high portfolio turnover rate, which potentially leads to higher trading costs and capital gains distributions.

Classification


Asset Class
Fixed income
Category
Corporate, preferred
Focus
Broad credit
Niche
Broad maturities
Strategy
Active
Geography
Global
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
StocksBonds, Cash & Other
Finance
Stocks84.91%
Finance66.28%
Communications4.65%
Electronic Technology4.23%
Utilities2.36%
Distribution Services2.01%
Government1.99%
Consumer Durables1.69%
Producer Manufacturing1.02%
Commercial Services0.37%
Process Industries0.32%
Bonds, Cash & Other15.09%
Corporate9.34%
UNIT4.35%
Mutual fund0.98%
Cash0.40%
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.