(AVSF) American Century Trust - Ratings and Ratios

The Avantis Short-Term Fixed Income ETF (AVSF) is designed to provide investors with a diversified portfolio of high-quality, short-term debt securities. The fund focuses on investment-grade debt obligations from a broad range of issuers, both domestic and international, to minimize credit risk. By maintaining a weighted average maturity of three years or less, the fund aims to reduce its sensitivity to interest rate fluctuations.

Given its investment strategy, AVSF is likely to appeal to investors seeking to generate regular income with relatively low volatility. The funds diversified portfolio and emphasis on high-quality securities are expected to help mitigate potential losses during periods of market stress. With a substantial asset base of $630.77M USD, AVSF has achieved a reasonable level of scale, which can contribute to cost efficiency.

Analyzing the funds recent price action, we observe that the last price of $47.00 is above both its 20-day and 50-day simple moving averages (SMA20: $46.71, SMA50: $46.52), indicating a positive short-term trend. Furthermore, the funds price is significantly above its 200-day moving average (SMA200: $45.80), suggesting a strong longer-term uptrend. The average true range (ATR) of 0.09 represents a relatively low volatility of 0.20%, which is consistent with the funds short-term fixed income focus.

Based on the available technical and fundamental data, a potential forecast for AVSF is that it may continue to trade within a narrow range, potentially consolidating around the current price level. If the overall bond market remains stable and interest rates do not experience significant fluctuations, AVSF may be poised to maintain its current price level or potentially edge higher, driven by its carry and the overall demand for high-quality short-term debt securities. However, a shift in market sentiment or a rise in interest rates could lead to a decline in the funds price, potentially testing its support levels around $46.50.