American Century Focused Dynamic Growth ETF
FDG
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Jorge A. Ganoza
- Full Time Employees
- 4,879
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 4500 Main Street Kansas City MO United States of America 64111
- IPO Date
- Apr 2, 2020
- CIK
- 0001710607
- Website
- ipro.americancentury.com
- Similar Companies
- Business
- American Century Focused Dynamic Growth ETF (FDG), issued by American Century ETF Trust and managed by American Century Investment Management, Inc., is an actively managed exchange-traded fund that seeks long-term capital growth by investing primarily in a concentrated portfolio of 30-45 securities of large-cap U.S. growth companies, with potential allocations to firms of any market capitalization, operating across diversified sectors including information technology, consumer discretionary, communication services, and health care; it employs fundamental analysis to select holdings exhibiting competitive advantages, strong profitability, revenue and earnings growth potential, and scalability, principally in U.S. exchange-listed common stocks and American Depositary Receipts (ADRs), while benchmarking performance against the Russell 1000 Growth Index. Unlike traditional ETFs that disclose daily holdings, FDG utilizes a non-transparent structure with a daily Proxy Portfolio to reflect the economic exposures and risk characteristics of its actual portfolio, aiming to protect its active strategy from front-running while providing a verified intraday indicative value (VIIV) for arbitrage; this approach introduces risks such as wider bid-ask spreads, premium/discount deviations, trading halts impacts, and authorized participant concentration, particularly during market stress. Launched on March 31, 2020, and domiciled in the United States, the fund trades on NYSE Arca under the ticker FDG with a net expense ratio of 0.45%, quarterly dividend distributions, and as of late 2025, total assets under management approximating $352.7 million, a weighted average market cap of $1,833.6 billion, and top holdings including NVIDIA Corp. (18.96%), Alphabet Inc. (12.74%), Amazon.com Inc. (9.10%), and Tesla Inc. (7.64%). Headquartered in Kansas City, Missouri, through its issuer American Century Investments, FDG targets investors seeking high-conviction exposure to early- and rapid-growth stage companies via a buy-and-hold strategy led by portfolio managers Keith Lee, CFA (since 1998), Henry He, CFA (since 2011), and John Rabroker, CFA (since 2004). Recent developments include sustained asset inflows of approximately $35.2 million over the past year amid strong performance (e.g., 30.23% 1-year NAV return as of September 30, 2025), highlighting its outperformance relative to the benchmark in recent periods, alongside American Century Investments' broader expansions such as launching UCITS ETFs for Europe in 2024 and becoming an ETF issuer on SIX Swiss Exchange in June 2025.