Fund Description
Under normal market conditions, the portfolio managers will invest at least 80% of the fund s net assets, plus any borrowings for investment purposes, in convertible securities. Convertible securities have characteristics similar to both bonds and common stocks and typically consist of debt securities and preferred stocks that may be converted into or exchanged for a prescribed amount of common stock or other equity security, of the same or a different issuer, within a particular time period, at a specified price.
Fund Profile
Fund Name American Century Quality Convertible Securities ETF
Fund Exchange Ticker QCON
Fund Sponsor American Century Investments
Fund ISIN US0250725217
Net Expense Ratio 0.32 %
Fund Inception Date 16 February 2021
Fund Legal Structure ETF (Open end fund)
Exchange BATS
Listing Country Code US
Fund Investment Objective
ETF Type Specific Bonds - Convertible
Asset Class Bonds
Index Linked Active
Index Name Not Applicable
Index Provider Not Applicable
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Developed Market Funds
Bond Type Convertible
Credit Quality Fund Holds Both Investment Grade & High Yield
Average Maturity Fund Holds All Maturity Ranges
Bond Currency Denomination USD
Key Statistics
Return As of Date 22 September 2022
Asset Under Management 23.59 Million (USD)
1 Month Total Return -7.04 %
Year To Date Return -19.19 %
1 Year Total Return -16.35 %
3 Year Annualized Total Return
NAV 39.32
Share Outstanding 600,000
Top 10 Holdings (22 September 2022)
Constituent Name Constituent Ticker Constituent Type Weighting
State Street Institutional US Government Money Market Fund MMKT 0.0471000000
2020 Cash Mandatory Exchangeable Trust (conv) 5.25% 6-01-2023 PREF 0.0254000000
Palo Alto Networks Inc (conv) 0.38% 06/01/2025 BOND 0.0212000000
Elevance Health Inc (conv) 2.75% 10/15/2042 BOND 0.0202000000
Mandiant Inc (conv) 0.88% 06/01/2024 BOND 0.0187000000
Booking Holdings Inc (conv) 0.75% 05/01/2025 BOND 0.0185000000
Akamai Technologies Inc (conv) 0.38% 09/01/2027 BOND 0.0165000000
NEXTERA ENERGY INC NEE 6.219 09/01/23 PREF 0.0162000000
Jazz Investments I Ltd (conv) 2.00% 06/15/2026 BOND 0.0155000000
Liberty Broadband Corp (conv) 2.75% 09/30/2050 BOND 0.0154000000