AEMB Fees and Costs — American Century Emerging Markets Bond ETF
Data updated: 2024-11-12
The net expense ratio is 0.43%: a 0.39% management fee plus 0.04% other expenses. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $1K in broker commissions, 0.0038% of average net assets, and portfolio turnover was 72%.
AEMB Fees and Expenses
Annual operating expenses and sales charges of AEMB. Prospectus, as of December 31, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.39% |
| 12b-1 fee | — |
| Other expenses | 0.04% |
| Gross expense ratio | 0.43% |
| Fee waiver | — |
| Net expense ratio | 0.43% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
AEMB Costs Over Time
On $10,000 invested in AEMB, assuming 5% a year before costs, total costs come to $274 over 5 years, cutting the return by 0.46% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.43%) | $45 | $142 | $247 |
| Trading costs (broker commissions) | $0 | $1 | $2 |
| Lost growth on money paid in costs | $0 | $7 | $25 |
| Total costs | $46 | $150 | $274 |
| Value after costs | $10,454 | $11,426 | $12,488 |
| Impact on return, per year | 0.46% | 0.46% | 0.46% |
AEMB Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0038%
- Total broker commissions: $1K
- Bought from dealers (principal trades, not a cost): $65.4M
- Portfolio turnover (prospectus): 72%
- Securities on loan, average value: $195K
- Net income from securities lending: $2K (0.007% of average net assets)
AEMB Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Bank of America Merrill Lynch | $1K | 100.00% |
AEMB Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| HSBC Securities Incorporated | $8.8M | 17.47% |
| Jefferies LLC | $8.1M | 16.11% |
| Barclays Capital | $5.8M | 11.48% |
| Goldman Sachs | $5.4M | 10.67% |
| J.P. Morgan Securities | $5.4M | 10.65% |
| Bank of America Merrill Lynch | $4.9M | 9.85% |
| Morgan Stanley | $4.9M | 9.79% |
| Citigroup Capital Markets Inc | $2.7M | 5.37% |
| Standard Chartered Bank (Hong Kong) Limited | $2.5M | 4.99% |
| BNP Paribas Securities | $1.8M | 3.61% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.