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VP Avantis Global Equity Allocation Fund

mutual fund
AVVAX
Payout Change
Pending
Price as of:
$11.2 +0.09 +0.81%
primary theme
N/A
AVVAX (Mutual Fund)

VP Avantis Global Equity Allocation Fund

Payout Change
Pending
Price as of:
$11.2 +0.09 +0.81%
primary theme
N/A
AVVAX (Mutual Fund)

VP Avantis Global Equity Allocation Fund

Payout Change
Pending
Price as of:
$11.2 +0.09 +0.81%
primary theme
N/A

Name

As of 05/24/2024

Price

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

$11.20

$525 K

0.25%

$0.03

1.11%

Vitals

YTD Return

7.7%

1 yr return

N/A

3 Yr Avg Return

N/A

5 Yr Avg Return

N/A

Net Assets

$525 K

Holdings in Top 10

86.0%

52 WEEK LOW AND HIGH

$11.1
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.11%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A


Min Investment

Standard (Taxable)

N/A

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 05/24/2024

Price

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

$11.20

$525 K

0.25%

$0.03

1.11%

AVVAX - Profile

Distributions

  • YTD Total Return 7.7%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio N/A
DIVIDENDS
  • Dividend Yield 0.3%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    VP Avantis Global Equity Allocation Fund
  • Fund Family Name
    American Century Investments
  • Inception Date
    Nov 17, 2023
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    US

Fund Description

VP Avantis Global Equity Allocation Fund is a “fund of funds,” meaning that it seeks to achieve its objective by investing in Avantis exchange-traded funds (ETFs) (collectively, the underlying funds). The underlying funds generally represent a broadly diversified basket of equity securities that seek to overweight securities that the portfolio managers expect, based on factors such as company size, profitability and value attributes, to have higher returns or better risk characteristics than the fund’s benchmark, the MSCI All Country World IMI Index, which is a passive, global market-cap weighted index.
The following table indicates the fund’s target weight and range for allocation among the fund’s major asset classes and shows the underlying funds that comprise each asset class. This information is as of the date of this prospectus.
Target Weight Target Range
U.S. Equity
57%
50% to 75%
Avantis U.S. Equity ETF
Avantis U.S. Large Cap Equity ETF
Avantis U.S. Large Cap Value ETF
Avantis U.S. Mid Cap Equity ETF
Avantis U.S. Mid Cap Value ETF
Avantis U.S. Small Cap Equity ETF
Avantis U.S. Small Cap Value ETF
Non-U.S. Developed Markets
27%
20% to 50%
Avantis International Equity ETF
Avantis International Large Cap Value ETF
Avantis International Small Cap Equity ETF
Avantis International Small Cap Value ETF
Emerging Markets 8% 0% to 25%
Avantis Emerging Markets Equity ETF
Avantis Emerging Markets Small Cap Equity ETF
Avantis Emerging Markets Value ETF
Sector Equity
8%
0% to 15%
Avantis Inflation Focused Equity ETF
Avantis Real Estate ETF
Under normal market conditions, the fund will invest at least 80% of its assets in equity ETFs. The managers will allocate to the underlying funds across geographies and investment styles to achieve the desired allocation. The U.S. vs. non-U.S. allocations across geographies will be predicated on each region’s relative market capitalization within the total global equity market, with a home bias toward the U.S. (as reflected in the target ranges). Under normal market conditions, the fund (via the underlying funds) will invest at least 30% of its assets in securities of issuers located outside the United States and will allocate its assets among at least three different countries (one of which may be the United States). The portfolio managers will review the fund’s allocations at least weekly to determine whether rebalancing is appropriate and will rebalance the fund as necessary to keep the allocations within the target ranges. To better balance risks in changing market environments and control costs and tax realizations, the portfolio managers may reallocate within the target range when prevailing market conditions and relative performance of certain underlying strategies lead to deviations from the targets. We reserve the right to modify the target ranges and underlying funds from time to time should circumstances warrant a change.
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AVVAX - Performance

Return Ranking - Trailing

Period AVVAX Return Category Return Low Category Return High Rank in Category (%)
YTD 7.7% N/A N/A N/A
1 Yr N/A N/A N/A N/A
3 Yr N/A* N/A N/A N/A
5 Yr N/A* N/A N/A N/A
10 Yr N/A* N/A N/A N/A

* Annualized

Return Ranking - Calendar

Period AVVAX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A N/A N/A N/A
2022 N/A N/A N/A N/A
2021 N/A N/A N/A N/A
2020 N/A N/A N/A N/A
2019 N/A N/A N/A N/A

Total Return Ranking - Trailing

Period AVVAX Return Category Return Low Category Return High Rank in Category (%)
YTD 7.7% N/A N/A N/A
1 Yr N/A N/A N/A N/A
3 Yr N/A* N/A N/A N/A
5 Yr N/A* N/A N/A N/A
10 Yr N/A* N/A N/A N/A

* Annualized

Total Return Ranking - Calendar

Period AVVAX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A N/A N/A N/A
2022 N/A N/A N/A N/A
2021 N/A N/A N/A N/A
2020 N/A N/A N/A N/A
2019 N/A N/A N/A N/A

NAV & Total Return History


AVVAX - Holdings

Concentration Analysis

AVVAX Category Low Category High AVVAX % Rank
Net Assets 525 K N/A N/A N/A
Number of Holdings 17 N/A N/A N/A
Net Assets in Top 10 452 K N/A N/A N/A
Weighting of Top 10 86.00% N/A N/A N/A

Top 10 Holdings

  1. Avantis US Equity ETF 17.09%
  2. Avantis US Large Cap Equity ETF 15.80%
  3. Avantis International Equity ETF 15.14%
  4. Avantis US Large Cap Value ETF 9.98%
  5. Avantis International Large Cap Value ETF 7.01%
  6. Avantis Emerging Markets Equity ETF 5.07%
  7. Avantis Inflation Focused Equity ETF 4.99%
  8. Avantis US Small Cap Equity ETF 4.93%
  9. Avantis Real Estate ETF 3.01%
  10. Avantis US Mid Cap Equity ETF 2.99%

Asset Allocation

Weighting Return Low Return High AVVAX % Rank
Stocks
99.41% N/A N/A N/A
Cash
0.62% N/A N/A N/A
Preferred Stocks
0.00% N/A N/A N/A
Other
0.00% N/A N/A N/A
Convertible Bonds
0.00% N/A N/A N/A
Bonds
0.00% N/A N/A N/A

Stock Sector Breakdown

Weighting Return Low Return High AVVAX % Rank
Utilities
0.00% N/A N/A N/A
Technology
0.00% N/A N/A N/A
Real Estate
0.00% N/A N/A N/A
Industrials
0.00% N/A N/A N/A
Healthcare
0.00% N/A N/A N/A
Financial Services
0.00% N/A N/A N/A
Energy
0.00% N/A N/A N/A
Communication Services
0.00% N/A N/A N/A
Consumer Defense
0.00% N/A N/A N/A
Consumer Cyclical
0.00% N/A N/A N/A
Basic Materials
0.00% N/A N/A N/A

Stock Geographic Breakdown

Weighting Return Low Return High AVVAX % Rank
US
99.41% N/A N/A N/A
Non US
0.00% N/A N/A N/A

AVVAX - Expenses

Operational Fees

AVVAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.11% N/A N/A N/A
Management Fee 0.65% N/A N/A N/A
12b-1 Fee N/A N/A N/A N/A
Administrative Fee N/A N/A N/A N/A

Sales Fees

AVVAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A N/A N/A N/A
Deferred Load N/A N/A N/A N/A

Trading Fees

AVVAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A 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.

AVVAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A N/A N/A N/A

AVVAX - Distributions

Dividend Yield Analysis

AVVAX Category Low Category High AVVAX % Rank
Dividend Yield 0.25% N/A N/A N/A

Dividend Distribution Analysis

AVVAX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly

Net Income Ratio Analysis

AVVAX Category Low Category High AVVAX % Rank
Net Income Ratio N/A N/A N/A N/A

Capital Gain Distribution Analysis

AVVAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency

Distributions History

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AVVAX - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
N/A N/A N/A N/A