FLVAmerican Century Focused Large Cap Value ETF
FLV Fund Description
FLV is an actively managed, nontransparent ETF that invests in a narrow selection of US large-cap value companies. The fund utilizes the Precidian non-transparent model.
FLV Factset Analytics Insight
FLV is one of the first two actively managed, nontransparent ETFs to begin trading. The fund selects undervalued US large-cap stocks. The fund managers select a concentrated portfolio of 30-50 stocks by focusing on fundamentals such as earning, cash flows and/or assets. Positions are initiated when they believe valuation is low and sell when they believe value is accurately reflected. American Century discloses FLV's holdings 15 days after the calendar quarter for the preceding three months instead of daily. The fund provides a verified intraday indicative value (VIIV) calculated every second during the trading day, to provide enough information to allow an arbitrage mechanism intending to keep the fund’s share price close to the underlying net asset value. Authorized Participants who create/redeem shares have less information regarding the portfolio on a daily basis, which may result in wider spreads.
FLV Summary Data
FLV Portfolio Data
FLV Index Data
FLV Portfolio Management
FLV Tax Exposures
FLV Fund Structure
FLV Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of FLV. FLV is rated a 5 out of 5.
FLV Sector/Industry Breakdown
FLV Top 10 Holdings[View All]
FLV Economic Development
FLV Performance Statistics
FLV Benchmark Comparison Summary
FLV Benchmark Comparison Market Cap Size