American Century Diversified Corporate Bond ETF

KORP

Market cap $814M

The ETF ecosystem grows day by day, spiking in recent years with serious inflows and many new active ETF launches. American Century Investments has added to the active ETF pool with its latest launch — a fund targeting the securitized credit ETF space.

The rate and fixed income picture has shaken up quite a bit since the start of the year. The current bond market is a far cry from the desperate search for yield of a few years ago.

American Century Investments has established itself as an innovative player in the ETF space, after launching its first products in January 2018. The index-based American Century US Quality Value ETF (VALQ) and the actively managed American Century Diversified Corporate Bond ETF (KORP) are still trading today.

It's the big story so far in 2026. Alongside AI, geopolitical market volatility is creating dislocations for investors to target.

Corporate bonds, particularly those in the investment-grade corporate camp, are enticing to fixed income investors due to higher yields than cash or Treasuries. Moreover, default rates have been relatively low in the U.S. for an extended period of time, which also indicates that highly rated corporates aren't subjecting investors to excessive risk.

What does the year ahead hold in the bond landscape? Federal Reserve questions continue to loom, while the health of the dollar and the mounting U.S. government debt also play a role.

Active ETFs have exploded in popularity in recent years, especially since the ETF rule. The rule's streamlining of ETF development and launches has encouraged plenty of new product development.

AI development requires large projects to establish computing power. That in turn requires massive amounts of financing.

In the latest appearance for an American Century Investments leader, Jason Greenblath appeared on the ETF Prime Podcast. Greenblath, vice president, senior portfolio manager and director of Corporate Credit Research for American Century Investments, joined the podcast's host, Nate Geraci, to discuss active fixed income in the near to medium term.

Interest rates have dropped, and with that cut comes the prospect of a shifting fixed income outlook. Investors may be seeking more yield, but the question, of course, is where to find it.