American Century Ownership
| KORP Etf | USD 46.39 0.19 0.41% |
American |
American Etf Ownership Analysis
American Century is is formed as Regulated Investment Company in the United States. ETF is managed and operated by American Century Services, LLC. The fund has 296 constituents with avarage daily trading value of 54 K. The fund charges 0.29 percent management fee with a total expences of 0.29 percent of total asset. The fund maintains about 11.85% of assets in bonds. American Century Div last dividend was 0.0702 per share. The portfolio managers will invest at least 80 percent of the funds net assets, plus any borrowings for investment purposes, in corporate debt securities and corporate debt investments. American Century is traded on NYSEARCA Exchange in the United States. To find out more about American Century Diversified contact the company at NA.Sector Exposure (%)
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on American Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding American Century , and the less return is expected.
Investment Allocations (%)
Top American Century Diversified Etf Constituents
| ZTM23 | 9.24107% |
| TNM23 | 1.16254% |
| ZNM23 | 6.32598% |
Institutional Etf Holders for American Century
| AACGX | Strategic Allocation Servative | Mutual Fund | |
| AAAUX | Strategic Allocation Aggressive | Mutual Fund | |
| AAARX | Strategic Allocation Aggressive | Mutual Fund | |
| AACCX | Strategic Allocation Servative | Mutual Fund | |
| ASMUX | Strategic Allocation Moderate | Mutual Fund | |
| AACRX | Strategic Allocation Servative | Mutual Fund | |
| ASAUX | Strategic Allocation Aggressive | Mutual Fund | |
| TWSMX | Strategic Allocation Moderate | Mutual Fund | |
| ASMDX | Strategic Allocation Moderate | Mutual Fund | |
| ASTCX | Strategic Allocation Moderate | Mutual Fund | |
| ASTAX | Strategic Allocation Aggressive | Mutual Fund | |
| ACOAX | Strategic Allocation Moderate | Mutual Fund | |
| ASAMX | Strategic Allocation Moderate | Mutual Fund | |
| AAAIX | Strategic Allocation Aggressive | Mutual Fund | |
| ACVAX | Strategic Allocation Aggressive | Mutual Fund | |
| TWSAX | Strategic Allocation Aggressive | Mutual Fund | |
| AACDX | Strategic Allocation Servative | Mutual Fund | |
| TWSCX | Strategic Allocation Servative | Mutual Fund | |
| ACCAX | Strategic Allocation Servative | Mutual Fund | |
| ASMRX | Strategic Allocation Moderate | Mutual Fund | |
| ACCIX | Strategic Allocation Servative | Mutual Fund |
American Century Outstanding Bonds
American Century issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. American Century Div uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most American bonds can be classified according to their maturity, which is the date when American Century Diversified has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
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| Valero Energy Partners Corp BondUS91914JAA07 | View |
Pair Trading with American Century
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if American Century position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in American Century will appreciate offsetting losses from the drop in the long position's value.Moving together with American Etf
| 0.97 | LQD | iShares iBoxx Investment | PairCorr |
| 1.0 | IGIB | iShares 5 10 | PairCorr |
| 0.99 | USIG | iShares Broad USD | PairCorr |
| 0.91 | SPIB | SPDR Barclays Interm | PairCorr |
| 0.99 | SUSC | iShares ESG USD | PairCorr |
Moving against American Etf
The ability to find closely correlated positions to American Century could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace American Century when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back American Century - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling American Century Diversified to buy it.
The correlation of American Century is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as American Century moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if American Century Div moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for American Century can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in American Century Diversified. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
The market value of American Century Div is measured differently than its book value, which is the value of American that is recorded on the company's balance sheet. Investors also form their own opinion of American Century's value that differs from its market value or its book value, called intrinsic value, which is American Century's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because American Century's market value can be influenced by many factors that don't directly affect American Century's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between American Century's value and its price as these two are different measures arrived at by different means. Investors typically determine if American Century is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American Century's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.