American Century Investments to Liquidate Their Quality ETFs by September 2025

American Century Investments Announces ETF Lineup Changes

On July 25, 2025, American Century Investments made a significant announcement regarding its Exchange Traded Funds (ETFs). The company plans to close and liquidate two of its ETFs: the American Century Quality Preferred ETF (QPFF) and the American Century Quality Convertible Securities ETF (QCON). This decision comes as part of the company's strategic adjustments within its portfolio.

Both QPFF and QCON are set to cease trading on the Cboe BZX Exchange Inc. at the market's close on September 8, 2025. Following this date, shareholders will no longer be able to sell or redeem their shares through the exchange. On or around September 15, 2025, the funds will undergo liquidation, at which point the remaining assets will be distributed to shareholders who have not yet sold or redeemed their shares.

Notably, as the funds approach liquidation, they may temporarily deviate from their stated investment objectives and strategies. This shift in focus is intended to prepare for the final distributions to shareholders effectively and ensure a smooth transition out of the ETFs.

As of June 30, 2025, American Century’s ETFs held a total of $72 billion in assets under management. The firm’s decision aligns with its broader goal to optimize the performance and sustainability of its investment offerings, providing value to its clients while navigating market fluctuations.

Founded in 1958, American Century Investments has established itself as a prominent asset manager in the global financial landscape. Over years, it has cultivated strong relationships with clients, focusing on delivering results. The company is known not only for its investment strategies but also for its philanthropic commitment to medical research. Over 40% of its dividends are directed to the Stowers Institute for Medical Research, a non-profit organization dedicated to biomedical research.

With headquarters located in Kansas City, Missouri, American Century operates through various offices across the globe, including New York, Los Angeles, London, and Frankfurt. The firm employs around 1,400 individuals who work to serve the needs of financial professionals, institutions, corporations, and individual investors alike.

Jonathan S. Thomas serves as the president and CEO, while Victor Zhang holds the position of chief investment officer. The company’s unique structure allows it to support breakthrough medical research, reinforcing its commitment to social responsibility and community impact.

For more information about these changes and the firm’s broader offerings, interested parties can visit American Century Investments' official website at www.americancentury.com.

This announcement marks a critical juncture for American Century as it continues to refine its investment strategies to respond efficiently to evolving market conditions. The closing of these two ETFs signifies not only a shift in American Century’s product lineup but also reflects the ongoing changes occurring within the ETF market itself.

In conclusion, while the closure of the QPFF and QCON may be seen as a setback for some investors, it opens new avenues for American Century Investments to reassess and reallocate resources, ensuring that the company's offerings remain competitive and aligned with investor needs amidst an ever-changing financial landscape.