QCON Fees and Costs — American Century Quality Convertible Securities ETF
Data updated: 2025-10-29
The net expense ratio is 0.32%. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $553 in broker commissions, 0.0015% of average net assets, and portfolio turnover was 63%.
QCON Fees and Expenses
Annual operating expenses and sales charges of QCON. Prospectus, as of December 31, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.32% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.32% |
| Fee waiver | — |
| Net expense ratio | 0.32% |
| 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 |
QCON Costs Over Time
On $10,000 invested in QCON, assuming 5% a year before costs, total costs come to $204 over 5 years, cutting the return by 0.34% 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 0.32%) | $34 | $106 | $184 |
| Trading costs (broker commissions) | $0 | $0 | $1 |
| Lost growth on money paid in costs | $0 | $5 | $19 |
| Total costs | $34 | $111 | $204 |
| Value after costs | $10,466 | $11,465 | $12,559 |
| Impact on return, per year | 0.34% | 0.34% | 0.34% |
QCON 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): 0.0015%
- Total broker commissions: $553
- Bought from dealers (principal trades, not a cost): $43.5M
- Portfolio turnover (prospectus): 63%
- Securities on loan, average value: $1.5M
- Net income from securities lending: $19K (0.052% of average net assets)
QCON Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Sanford C. Bernstein | $234 | 42.36% |
| J.P. Morgan Securities | $217 | 39.20% |
| Jefferies LLC | $77 | 13.91% |
| Citigroup Capital Markets Inc | $21 | 3.80% |
| Morgan Stanley | $4 | 0.73% |
QCON Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Citigroup Capital Markets Inc | $9.7M | 22.62% |
| BNP Paribas Securities | $9.3M | 21.75% |
| Oppenheimer and Co | $7.5M | 17.64% |
| Morgan Stanley | $3.9M | 9.08% |
| J.P. Morgan Securities | $3.6M | 8.40% |
| Bank of America Merrill Lynch | $2.7M | 6.39% |
| Jefferies LLC | $2.4M | 5.71% |
| Barclays Capital | $1.6M | 3.85% |
| Wells Fargo Securities | $1.0M | 2.37% |
| Mizuho | $938K | 2.20% |
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.