ZERO COUPON 2025 FUND
Name
As of 05/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
0.4%
1 yr return
1.6%
3 Yr Avg Return
-0.8%
5 Yr Avg Return
3.4%
Net Assets
$153 M
Holdings in Top 10
98.0%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.55%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 13.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,500
IRA
$1,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 05/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
BTTRX - Profile
Distributions
- YTD Total Return 0.4%
- 3 Yr Annualized Total Return -0.8%
- 5 Yr Annualized Total Return 3.4%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 2.96%
- Dividend Yield 4.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameZERO COUPON 2025 FUND
-
Fund Family NameAmerican Century Investments
-
Inception DateJun 25, 1996
-
Shares Outstanding1300440
-
Share ClassInvestor
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerRobert Gahagan
Fund Description
The fund’santicipated growth rateis an estimate of the annualized rate of growth of the fund that an investor may expect from the purchase date to the fund’s weighted average maturity date. |
Theanticipated value at maturityis an estimate of the fund’s net asset value as of the fund’s weighted average maturity date. It is based on the maturity values of the zero-coupon securities held by the fund. |
BTTRX - Performance
Return Ranking - Trailing
Period | BTTRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.4% | -5.0% | 6.8% | 1.33% |
1 Yr | 1.6% | -5.3% | 26.5% | 1.33% |
3 Yr | -0.8%* | -8.6% | 9.4% | 1.33% |
5 Yr | 3.4%* | -5.9% | 3.4% | 0.47% |
10 Yr | 3.3%* | -2.2% | 3.4% | 0.61% |
* Annualized
Return Ranking - Calendar
Period | BTTRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -0.7% | -1.0% | 22.1% | 94.25% |
2022 | -10.8% | -20.4% | -5.8% | 4.89% |
2021 | -2.6% | -7.1% | 16.6% | 30.45% |
2020 | 8.8% | -1.3% | 8.8% | 0.47% |
2019 | 7.1% | 0.3% | 7.1% | 0.47% |
Total Return Ranking - Trailing
Period | BTTRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.4% | -5.0% | 6.8% | 1.33% |
1 Yr | 1.6% | -5.3% | 26.5% | 1.33% |
3 Yr | -0.8%* | -8.6% | 9.4% | 1.33% |
5 Yr | 3.4%* | -5.9% | 3.4% | 0.47% |
10 Yr | 3.3%* | -2.2% | 3.4% | 0.61% |
* Annualized
Total Return Ranking - Calendar
Period | BTTRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 3.3% | -0.5% | 28.8% | 85.84% |
2022 | -7.7% | -18.5% | -3.3% | 1.33% |
2021 | 0.5% | -4.5% | 25.3% | 16.36% |
2020 | 13.0% | -1.3% | 13.0% | 0.47% |
2019 | 11.3% | 1.8% | 11.3% | 0.47% |
NAV & Total Return History
BTTRX - Holdings
Concentration Analysis
BTTRX | Category Low | Category High | BTTRX % Rank | |
---|---|---|---|---|
Net Assets | 153 M | 9.43 M | 134 B | 84.51% |
Number of Holdings | 18 | 18 | 12663 | 99.56% |
Net Assets in Top 10 | 163 M | 5.49 M | 43.7 B | 63.27% |
Weighting of Top 10 | 97.97% | 4.6% | 115.2% | 2.65% |
Top 10 Holdings
- United States Treasury Strip Coupon 0.00 11/15/2025 48.24%
- Resolution Funding Corp Interest Strip 0.00 04/15/2026 13.54%
- Resolution Funding Corp Interest Strip 0.00 04/15/2025 10.14%
- Resolution Funding Corp Interest Strip 0.00 01/15/2026 9.20%
- Resolution Funding Corp Interest Strip 0.00 01/15/2025 4.82%
- Resolution Funding Corp Interest Strip 0.00 07/15/2026 3.75%
- Tennessee Valley Authority Principal Strip 0.00 11/01/2025 3.31%
- United States Treasury Strip Coupon 0.00 11/15/2026 2.62%
- United States Treasury Strip Coupon 0.00 08/15/2025 1.57%
- United States Treasury Strip Coupon 0.00 02/15/2026 0.77%
Asset Allocation
Weighting | Return Low | Return High | BTTRX % Rank | |
---|---|---|---|---|
Bonds | 99.60% | 0.08% | 167.02% | 51.33% |
Cash | 0.45% | -29.69% | 25.88% | 78.76% |
Stocks | 0.00% | 0.00% | 96.75% | 83.63% |
Preferred Stocks | 0.00% | 0.00% | 0.10% | 83.63% |
Other | 0.00% | -26.81% | 18.17% | 81.86% |
Convertible Bonds | 0.00% | 0.00% | 3.29% | 83.63% |
Bond Sector Breakdown
Weighting | Return Low | Return High | BTTRX % Rank | |
---|---|---|---|---|
Government | 99.16% | 0.00% | 100.00% | 7.08% |
Cash & Equivalents | 0.45% | -29.63% | 33.75% | 74.34% |
Derivative | 0.00% | -20.68% | 1.69% | 77.43% |
Securitized | 0.00% | 0.00% | 99.79% | 97.35% |
Corporate | 0.00% | 0.00% | 9.48% | 90.71% |
Municipal | 0.00% | 0.00% | 5.24% | 86.73% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | BTTRX % Rank | |
---|---|---|---|---|
US | 99.60% | 0.08% | 167.02% | 51.33% |
Non US | 0.00% | 0.00% | 12.01% | 84.96% |
BTTRX - Expenses
Operational Fees
BTTRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.55% | 0.03% | 3.55% | 64.89% |
Management Fee | 0.54% | 0.00% | 0.85% | 96.90% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.45% | N/A |
Sales Fees
BTTRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.00% | 4.50% | N/A |
Deferred Load | N/A | 1.00% | 4.50% | N/A |
Trading Fees
BTTRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 1.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
BTTRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 13.00% | 3.35% | 948.00% | 7.75% |
BTTRX - Distributions
Dividend Yield Analysis
BTTRX | Category Low | Category High | BTTRX % Rank | |
---|---|---|---|---|
Dividend Yield | 3.99% | 0.00% | 5.38% | 11.95% |
Dividend Distribution Analysis
BTTRX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
BTTRX | Category Low | Category High | BTTRX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.96% | -0.80% | 2.96% | 0.44% |
Capital Gain Distribution Analysis
BTTRX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 08, 2023 | $4.318 | OrdinaryDividend |
Dec 09, 2022 | $3.613 | OrdinaryDividend |
Dec 07, 2018 | $3.505 | OrdinaryDividend |
Dec 08, 2017 | $3.368 | OrdinaryDividend |
Dec 09, 2016 | $3.585 | OrdinaryDividend |
Dec 18, 2015 | $2.849 | OrdinaryDividend |
Dec 19, 2014 | $2.691 | OrdinaryDividend |
Dec 13, 2013 | $3.927 | OrdinaryDividend |
Dec 14, 2012 | $3.324 | OrdinaryDividend |
Dec 17, 2010 | $4.102 | OrdinaryDividend |
Dec 11, 2009 | $3.671 | OrdinaryDividend |
Dec 12, 2008 | $4.059 | OrdinaryDividend |
Dec 14, 2007 | $4.123 | OrdinaryDividend |
Dec 15, 2006 | $3.400 | OrdinaryDividend |
May 24, 2001 | $0.022 | OrdinaryDividend |
Dec 10, 1999 | $2.157 | OrdinaryDividend |
Dec 11, 1998 | $2.479 | OrdinaryDividend |
BTTRX - Fund Manager Analysis
Managers
Robert Gahagan
Start Date
Tenure
Tenure Rank
Aug 01, 2006
15.84
15.8%
Mr. Gahagan, Senior Vice President and Senior Portfolio Manager, joined American Century Investments in 1983. He became a portfolio manager in 1991. He has a bachelor’s degree in economics and an MBA from the University of Missouri – Kansas City.
James Platz
Start Date
Tenure
Tenure Rank
Nov 17, 2008
13.54
13.5%
Platz is vice president and a senior portfolio manager with American Century, his employer since October 2003. Prior to joining American Century, Platz was a vice president, senior portfolio manager for Standish Mellon Asset Management, formerly Certus Asset Advisors, since August 1995. He received a bachelor’s degree in history and political economies of industrial societies from the University of California – Berkeley, and an MBA from the University of Southern California. He is a CFA charterholder.
Miguel Castillo
Start Date
Tenure
Tenure Rank
Dec 31, 2008
13.42
13.4%
Miguel Castillo, Portfolio Manager, has served on teams managing fixed-income investments since joining the American Century Investments in 2008 as a senior fixed income trader. He was promoted to portfolio manager in 2014. He has a bachelor’s degree in banking and finance from Escuela Bancaria Y Comercial, Mexico City, and an MBA from the University of Minnesota.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.11 | 31.64 | 8.38 | 7.35 |