AMERICAN CENTURY INVESTMENTS ANNOUNCES CHANGE TO ETF LINEUP

Rhea-AI Summary

American Century Investments has announced the closure and liquidation of its Low Volatility ETF (LVOL). The fund will cease trading on the NYSE Arca at market close on April 22, 2025. Following this date, shareholders will no longer be able to trade their shares on the exchange.

The final asset distribution to remaining shareholders is scheduled for around April 29, 2025. During the preparation for final distribution, the fund may deviate from its stated investment objectives and strategies. As of February 12, 2025, American Century's total ETF assets under management stand at $59.7 billion.

Positive

• Substantial ETF AUM of $59.7 billion demonstrates strong market presence

Negative

• Closure and liquidation of LVOL ETF product
• Potential deviation from stated investment objectives before liquidation

KANSAS CITY, Mo., March 12, 2025 /PRNewswire/ -- American Century Investments^® today announces plans to close and liquidate American Century Low Volatility ETF (LVOL).

LVOL will cease trading on the NYSE Arca, Inc. at the close of the market on April 22, 2025. After this date, shareholders will be unable to dispose of their shares on the NYSE Arca, Inc. On or about April 29, 2025, the fund will liquidate and distribute its remaining assets to shareholders who have not yet redeemed or sold their shares. Prior to liquidation, the fund may deviate from its stated investment objective and strategies in preparation for the final distribution to shareholders.

American Century's ETF assets under management total $59.7 billion as of Feb. 12, 2025.

About American Century Investments

American Century Investments is a leading global asset manager focused on delivering investment results and building long-term client relationships while supporting breakthrough medical research. Founded in 1958, American Century Investments' 1,400 employees serve financial professionals, institutions, corporations and individual investors from offices in Kansas City, Missouri; New York; Los Angeles; Santa Clara, California; Portland, Oregon; London; Frankfurt, Germany; Hong Kong; and Sydney. Jonathan S. Thomas is president and chief executive officer, and Victor Zhang serves as chief investment officer. Delivering investment results to clients enables American Century Investments to distribute over 40% of its dividends to the Stowers Institute for Medical Research, a 500-person, nonprofit basic biomedical research organization. The Institute owns more than 40% of American Century Investments and has received dividend payments of more than $2 billion since 2000. For more information about American Century Investments, visit www.americancentury.com. 

Exchange Traded Funds (ETFs): Foreside Fund Services, LLC – Distributor, not affiliated with American Century Investment Services, Inc.

©2025 American Century Proprietary Holdings, Inc. All rights reserved 

Contact: Laura Kouri
laura_kouri@americancentury.com   

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SOURCE American Century Investments

FAQ

When will American Century's LVOL ETF stop trading on NYSE Arca?

LVOL will cease trading on NYSE Arca at market close on April 22, 2025.

What happens to LVOL shareholders after trading stops?

Shareholders will receive their portion of remaining assets during the final distribution, scheduled for around April 29, 2025.

What is American Century's current ETF assets under management?

American Century's ETF assets under management total $59.7 billion as of February 12, 2025.

Will LVOL maintain its investment strategy until liquidation?

No, the fund may deviate from its stated investment objectives and strategies while preparing for final distribution.