LVOL Fees and Costs — American Century Low Volatility ETF
Data updated: 2025-04-18
The net expense ratio is 0.29%. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $600 in broker commissions, 0.0053% of average net assets, and portfolio turnover was 53%.
LVOL Fees and Expenses
Annual operating expenses and sales charges of LVOL. Prospectus, as of December 31, 2024.
| 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 |
LVOL Costs Over Time
On $10,000 invested in LVOL, 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 | $12,575 |
| Impact on return, per year | 0.31% | 0.31% | 0.31% |
LVOL 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): 0.0053%
- Total broker commissions: $600
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 53%
- Securities lending: none during the year
LVOL Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs | $123 | 20.92% |
| UBS Warburg | $79 | 13.45% |
| Morgan Stanley | $62 | 10.49% |
| Bank of America Merrill Lynch | $59 | 10.04% |
| Sanford C. Bernstein | $55 | 9.37% |
| Evercore ISI Investment Group | $55 | 9.31% |
| Citigroup Capital Markets Inc | $44 | 7.47% |
| J.P. Morgan Securities | $43 | 7.36% |
| Jefferies LLC | $40 | 6.86% |
| Barclays Capital | $28 | 4.73% |
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 Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date.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.