KORP Fees and Costs — American Century Diversified Corporate Bond ETF
Data updated: 2026-07-29
The net expense ratio is 0.29%. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $13K in broker commissions, 0.0052% of average net assets, and portfolio turnover was 176%.
KORP Fees and Expenses
Annual operating expenses and sales charges of KORP. Prospectus, as of January 1, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.29% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.29% |
| Fee waiver | — |
| Net expense ratio | 0.29% |
| 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 |
KORP Costs Over Time
On $10,000 invested in KORP, assuming 5% a year before costs, total costs come to $187 over 5 years, cutting the return by 0.31% 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 0.29%) | $30 | $96 | $167 |
| Trading costs (broker commissions) | $1 | $2 | $3 |
| Lost growth on money paid in costs | $0 | $5 | $17 |
| Total costs | $31 | $102 | $187 |
| Value after costs | $10,469 | $11,474 | $12,576 |
| Impact on return, per year | 0.31% | 0.31% | 0.31% |
KORP 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): 0.0052%
- Total broker commissions: $13K
- Bought from dealers (principal trades, not a cost): $928.8M
- Portfolio turnover (prospectus): 176%
- Securities on loan, average value: $2.3M
- Net income from securities lending: $9K (0.004% of average net assets)
KORP Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Bank of America Merrill Lynch | $13K | 100.00% |
KORP Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities | $111.2M | 17.00% |
| Bank of America Merrill Lynch | $99.1M | 15.15% |
| Citigroup Capital Markets Inc | $86.9M | 13.29% |
| Morgan Stanley | $85.2M | 13.02% |
| Goldman Sachs | $66.4M | 10.15% |
| Barclays Capital | $55.5M | 8.48% |
| Wells Fargo Securities | $45.6M | 6.98% |
| Deutsche Bank | $36.9M | 5.64% |
| U.S. Bancorp Investments, Inc | $36.8M | 5.62% |
| BNP Paribas Securities | $30.5M | 4.67% |
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.