American Century Quality Convertible Securities ETF (QCON)

BATS: QCON · IEX Real-Time Price · USD
41.84
-0.04 (-0.11%)
At close: Aug 5, 2022 4:00 PM
41.96
+0.12 (0.29%)
After-hours: Aug 8, 2022 8:00 PM EDT
-0.11%
Assets $25.10M
NAV $41.84
Expense Ratio 0.32%
PE Ratio n/a
Shares Out 600,000
Dividend (ttm) $0.92
Dividend Yield 2.19%
Ex-Dividend Date Aug 1, 2022
1-Year Return -12.00%
Volume 446
Open 45.24
Previous Close 41.89
Day's Range 41.84 - 42.08
52-Week Low 43.20
52-Week High 50.24
Beta 0.62
Holdings 128
Inception Date Feb 16, 2021

About QCON

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. The fund may invest in high-yield securities. It is non-diversified.

Asset Class Fixed Income
Region North America
Issuer American Century
Stock Exchange BATS
Ticker Symbol QCON
Index Tracked ICE BofA Convertible Index

Top 10 Holdings

23.58% of assets
Name Symbol Weight
Ssc Government Mm Gvmxx n/a 3.93%
Palo Alto Networks Inc 0.375% PANW 0.375 06.01.25 2.80%
2020 Cash Mandatory Exchangeable Trust 0% CSHZZ 2.54%
Akamai Technologies, Inc. 0.375% AKAM 0.375 09.01.27 2.44%
Broadcom Inc Broadcom Inc 8 % Mandatory Convertible Preferred Stock Ser A AVGO 8 09.30.22 A 2.35%
Elevance Health Inc. 2.75% ELV 2.75 10.15.42 2.31%
Danaher Corporation 0% DHR 5 04.15.23 B 1.94%
Booking Holdings Inc 0.75% BKNG 0.75 05.01.25 1.86%
Mandiant Inc 0.875% MNDT 0.875 06.01.24 1.72%
Liberty Broadband Corporation 2.75% LBRDA 2.75 09.30.50 1.70%
View More Holdings

Dividends

Ex-Dividend Amount Pay Date
Aug 1, 2022 $0.091 Aug 4, 2022
Jul 1, 2022 $0.0641 Jul 7, 2022
Jun 1, 2022 $0.0838 Jun 6, 2022
May 2, 2022 $0.0551 May 5, 2022
Apr 1, 2022 $0.0615 Apr 6, 2022
Mar 1, 2022 $0.0837 Mar 4, 2022
Full Dividend History

News

Why Income Investors Should Consider Convertible Bonds, Preferreds ETFs

Income-minded investors should consider the benefits of preferred securities and convertible bonds exchange traded fund strategies to bolster their after-tax income. In the recent webcast, Diversify You...

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Diversify Your Income Sources: The Best Kept Secret in Portfolio Construction

As traditional fixed income assets suffer the brunt of a more hawkish Federal Reserve policy outlook, advisors should consider alternative ideas to generate yield and better diversify their risk exposur...

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Convertible Bond Drubbing Could Spell Opportunity With This ETF

Historically, convertible bonds — corporate debt that converts to common equity in the underlying issuer upon maturity — are among the best-performing fixed income assets when rates rise. That trend isn...

Bullish Call on Convertible Bonds

The Federal Reserve's interest rate hiking regime is punishing a variety of fixed income assets, but some bonds have track records of standing tall against rate increases. That's the reputation of conve...

This Bond ETF Could Be Ideal Inflation Hedge

On Wednesday, the Federal Reserve raised interest rates by 25 basis points in the first of what could be as many as six rate hikes this year. Predictably, advisors and investors are looking to embrace f...

Consider QCON as Rates Rise

The Federal Reserve is likely to raise interest rates this month, and many fixed income investors are concerned about that now-telegraphed move, but it pays to remember that not all bonds suffer as the ...

Good Time to Consider Convertibles

With interest rates set to rise this year, likely multiple times, some fixed income investors are pondering where to turn. For bond investors, the good news is that not all corners of the fixed income u...

QCON Hedges Against Historic Inflation With Convertible Bonds

The consumer price index increased 6.2% in October, the highest it has been since December 1990, and core inflation, minus food and energy prices, surged 4.6% in its most rapid gain since 1991, reports ...

Prepping for a Pullback? Alternative ETFs for Troubled Times

Exchange traded fund investors should explore alternate strategies for a market that is stretching valuations to precipitous levels. In the recent webcast, Afraid of a Market Pullback?

Afraid of a Market Pullback? Hybrid Approaches for Uncertain Times

The economy has staged an impressive comeback from last year's drop, even fueling concerns that the market at large is overvalued. Forward-thinking investors may want to consider hybrid approaches.