FLV

American Century Focused Large Cap Value ETF

$73.96
+0.00%
Market closed. Last update: 10:58 PM ET

📎 Investment Objective

The American Century Focused Large Cap Value ETF (FLV) seeks to provide long-term capital appreciation by investing in a concentrated portfolio of large-capitalization U.S. companies that the fund's managers believe are undervalued.

Overview

ETF tracking American Century Focused Large Cap Value ETF

Category Large Cap
Issuer Other
Inception Date 2023-10-23
Market Cap $266.3M
Average Volume N/A
Dividend Yield 1.89%
52-Week Range $62.33 - $74.84
VWAP $73.93

Performance

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Investment Summary

📎 Investment Objective

The American Century Focused Large Cap Value ETF (FLV) seeks to provide long-term capital appreciation by investing in a concentrated portfolio of large-capitalization U.S. companies that the fund's managers believe are undervalued.

🎯 Investment Strategy

The fund's managers use a fundamental, bottom-up investment approach to identify large-cap companies that they believe are trading at a discount to their intrinsic value. The portfolio is typically concentrated in 30-40 stocks that the managers believe have the potential for capital appreciation.

✨ Key Features

  • Actively managed large-cap value strategy focused on undervalued companies
  • Concentrated portfolio of 30-40 stocks
  • Low expense ratio of 0.00%
  • Relatively new fund with limited performance history

⚠️ Primary Risks

  • Market risk: The value of the fund's holdings may decline due to general market conditions
  • Concentration risk: The fund's concentrated portfolio may be more volatile than a more diversified fund
  • Value investing risk: The fund's value-oriented approach may underperform growth-oriented or other investment styles
  • Limited performance history: With a limited track record, the fund's long-term performance is uncertain

👤 Best For

The American Century Focused Large Cap Value ETF may be suitable for investors seeking long-term capital appreciation through an actively managed large-cap value strategy. Investors should have a higher risk tolerance and a long-term investment horizon to accommodate the fund's concentrated portfolio and limited performance history.