American Century® Diversified Corporate Bond ETF (KORP)

Designed to Adapt to Changing Markets

Opportunities in corporate bonds continually change with the ups and downs of markets, interest rates, and economic conditions. See how these changes have meant both higher highs and lower lows for high yield versus investment grade bonds.

That's why you may want to consider a portfolio that can adapt when markets shift.

KORP: Dynamic Adjustments Designed to Seize Opportunities

American Century Diversified Corporate Bond ETF (KORP) seeks to take advantage of changing opportunities with a holistic investment process that dynamically adjusts high yield and investment grade allocations to pursue:

  • Enhanced yield versus investment grade credit
  • Reduced downside versus high yield
  • Holistic Investment Process
  • Why Consider KORP?

KORP integrates fundamental and quantitative expertise in a systematically managed portfolio. The investment process combines three key components that are designed to balance interest rate and credit risk and provide enhanced returns versus passive strategies.

Investment Grade and High-Yield Allocations

Dynamically adjusts investment grade and high yield components in an effort to balance interest rate and credit risk

Company Analysis and Bond Selection

Screens individual credits to seek those with sound fundamentals, reduced default risk, and attractive valuations

Industry and Duration Exposures

Adjusts industry and duration exposures as risks and opportunities emerge

Interest Rate Risk Concerns

Interest Rate Risk Concerns

Investors concerned that a cap-weighted index approach to corporate bonds could expose their portfolios to unwanted interest rate risk

Risk-Adjusted Return Potential

Risk-Adjusted Return Potential

Investor seeking enhanced risk-adjusted return potential from the corporate bond allocation

Market Condition Adjustments

Market Condition Adjustments

Investors who would like a corporate bond solution that adjusts to changing market conditions

High Yield: Higher Highs and Lower Lows versus Investment Grade

Annualized Returns 2007 - 2017

Additional Resources

Understanding ETF Liquidity

Understanding ETF Liquidity

Gain valuable insight into the multiple layers of ETF liquidity and their implications for ETF trading.

Our Growing ETF Lineup

Our Growing ETF Lineup

Learn more about our ETF products.

Discover KORP

Learn more about the KORP fund characteristics and performance.

Fund Details

Trade ETFs Commission-Free

Log in to your brokerage account to trade American Century® ETFs commission-free. Or, open a new brokerage account.

Log In

* Historical analysis based from January 1993 to July 2017. Source: FactSet, American Century Investments

Exchange Traded Funds (ETFs) are bought and sold through exchange trading at market price (not NAV), and are not individually redeemed from the fund. Shares may trade at a premium or discount to their NAV in the secondary market. Brokerage commissions will reduce returns.

The fund is an actively managed ETF that does not seek to replicate the performance of a specified index. To determine whether to buy or sell a security, the portfolio managers consider, among other things, various fund requirements and standards, along with economic conditions, alternative investments, interest rates and various credit metrics. If the portfolio manager considerations are inaccurate or misapplied, the fund's performance may suffer.

Generally, as interest rates rise, the value of the securities held in the fund will decline. The opposite is true when interest rates decline.

The lower rated securities in which the fund invests are subject to greater credit risk, default risk and liquidity risk.

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