American Century Short Dur Inf PrBd C
- APOCX
- Price as of: Feb 25, 2021
-
$10.29
N/A N/A
- Primary Theme
- TIPS
- Fund Company
- American Century Investments
- Share Class
APOCX - Snapshot
Vitals
- YTD Return 0.2%
- 3 Yr Annualized Return 2.5%
- 5 Yr Annualized Return 1.8%
- Net Assets $2.26 B
- Holdings in Top 10 80.7%
52 WEEK LOW AND HIGH
Expenses
OPERATING RELATED FEES
- Expense Ratio 1.57%
SALES FEES
- Front Load N/A
- Deferred Load 1.00%
BROKERAGE FEES
- Turnover 50.00%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $2,500
- IRA N/A
Fund Classification
-
Primary Theme
TIPS
- Fund Type Open End Mutual Fund
- Investment Style Inflation-Protected Bond
APOCX - Profile
Distributions
- YTD Total Return 0.2%
- 3 Yr Annualized Total Return 2.5%
- 5 Yr Annualized Total Return 1.8%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.13%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameAmerican Century Short Duration Inflation Protection Bond Fund
-
Fund Family NameAmerican Century Investments
-
Inception DateMay 31, 2005
-
Shares Outstanding361661
-
Share ClassC
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerRobert Gahagan
Fund Description
The fund normally invests at least 80% of its net assets in inflation-linked debt securities. It invests primarily in investment-grade securities, but may also invest a portion of its assets in high-yield securities, or junk bonds. The fund also may invest a portion of its net assets in fixed-income securities that are not linked to inflation. It may invest up to 20% of its total assets in securities denominated in foreign currencies and may invest beyond this limit in U.S. dollar denominated securities of foreign issuers.
APOCX - Performance
Return Ranking - Trailing
| Period | APOCX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 0.2% | -12.7% | 5.6% | 19.53% |
| 1 Yr | 4.3% | 2.5% | 18.1% | 99.53% |
| 3 Yr | 2.5%* | 1.1% | 12.0% | 99.52% |
| 5 Yr | 1.8%* | 1.4% | 9.8% | 99.50% |
| 10 Yr | 1.2%* | 1.2% | 7.3% | 100.00% |
* Annualized
Return Ranking - Calendar
| Period | APOCX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | 4.0% | -29.4% | 23.0% | 86.32% |
| 2019 | 3.0% | -47.0% | 16.7% | 81.34% |
| 2018 | -2.3% | -11.1% | -0.5% | 14.07% |
| 2017 | -0.8% | -2.8% | 6.6% | 84.07% |
| 2016 | 2.3% | 0.5% | 7.7% | 64.94% |
Total Return Ranking - Trailing
| Period | APOCX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 0.2% | -12.7% | 5.6% | 18.14% |
| 1 Yr | 3.3% | 1.3% | 18.1% | 95.81% |
| 3 Yr | 2.5%* | 1.1% | 12.0% | 99.52% |
| 5 Yr | 1.8%* | 1.4% | 9.8% | 99.50% |
| 10 Yr | 1.2%* | 1.0% | 7.3% | 99.35% |
* Annualized
Total Return Ranking - Calendar
| Period | APOCX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | 4.0% | -29.4% | 23.0% | 86.32% |
| 2019 | 3.0% | 0.8% | 16.7% | 82.30% |
| 2018 | -1.0% | -9.9% | 0.6% | 9.05% |
| 2017 | -0.3% | -2.7% | 9.6% | 84.62% |
| 2016 | 2.3% | 0.5% | 10.4% | 71.84% |
NAV & Total Return History
APOCX - Holdings
Concentration Analysis
| APOCX | Category Low | Category High | APOCX % Rank | |
|---|---|---|---|---|
| Net Assets | 2.26 B | 8.26 M | 41.4 B | 31.34% |
| Number of Holdings | 127 | 5 | 1120 | 57.14% |
| Net Assets in Top 10 | 1.78 B | 2.42 M | 24.8 B | 17.97% |
| Weighting of Top 10 | 80.73% | 10.4% | 99.4% | 4.85% |
Top 10 Holdings
- United States Treasury Notes 0.25% 19.27%
- United States Treasury Notes 0.12% 12.23%
- United States Treasury Notes 0.62% 11.87%
- United States Treasury Notes 0.62% 9.02%
- United States Treasury Notes 0.62% 6.57%
- United States Treasury Notes 0.12% 6.25%
- United States Treasury Notes 0.5% 4.75%
- United States Treasury Notes 0.12% 4.72%
- United States Treasury Notes 0.38% 3.54%
- United States Treasury Notes 0.12% 2.50%
Asset Allocation
| Weighting | Return Low | Return High | APOCX % Rank | |
|---|---|---|---|---|
| Bonds | 98.13% | 55.55% | 141.57% | 25.81% |
| Cash | 1.69% | -59.10% | 44.45% | 67.28% |
| Convertible Bonds | 0.17% | 0.00% | 5.20% | 27.65% |
| Stocks | 0.00% | 0.00% | 13.94% | 26.73% |
| Preferred Stocks | 0.00% | 0.00% | 0.54% | 19.82% |
| Other | 0.00% | -8.59% | 39.64% | 19.35% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | APOCX % Rank | |
|---|---|---|---|---|
| Government | 88.35% | 19.21% | 100.00% | 35.02% |
| Securitized | 6.36% | 0.00% | 50.79% | 27.65% |
| Corporate | 3.81% | 0.00% | 48.67% | 45.16% |
| Cash & Equivalents | 1.48% | 0.00% | 31.42% | 76.50% |
| Derivative | 0.00% | 0.00% | 17.87% | 46.08% |
| Municipal | 0.00% | 0.00% | 3.06% | 37.79% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | APOCX % Rank | |
|---|---|---|---|---|
| US | 94.14% | 48.73% | 221.47% | 40.09% |
| Non US | 3.99% | -96.23% | 39.10% | 40.55% |
APOCX - Expenses
Operational Fees
| APOCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.57% | 0.01% | 22.01% | 7.80% |
| Management Fee | 0.56% | 0.00% | 0.99% | 95.39% |
| 12b-1 Fee | 1.00% | 0.00% | 1.00% | 88.68% |
| Administrative Fee | N/A | 0.00% | 0.40% | N/A |
Sales Fees
| APOCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 1.00% | 4.75% | N/A |
| Deferred Load | 1.00% | 1.00% | 4.00% | 20.00% |
Trading Fees
| APOCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | N/A | N/A | 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.
| APOCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 50.00% | 0.00% | 357.00% | 41.86% |
APOCX - Distributions
Dividend Yield Analysis
| APOCX | Category Low | Category High | APOCX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 1.94% | 18.43% |
Dividend Distribution Analysis
| APOCX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Monthly | Semi-Annually | Monthly | Monthly |
Net Income Ratio Analysis
| APOCX | Category Low | Category High | APOCX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.13% | -0.02% | 3.82% | 74.42% |
Capital Gain Distribution Analysis
| APOCX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Dividend Payout History
| Date | Amount |
|---|---|
| Dec 20, 2018 | $0.115 |
| Jun 19, 2018 | $0.011 |
| Dec 26, 2017 | $0.049 |
| Jun 20, 2017 | $0.003 |
| Dec 31, 2014 | $0.031 |
| Dec 23, 2014 | $0.031 |
| Dec 26, 2012 | $0.018 |
| Jun 12, 2012 | $0.008 |
| Dec 27, 2011 | $0.140 |
| Jun 14, 2011 | $0.119 |
| Dec 28, 2010 | $0.048 |
| Jun 15, 2010 | $0.085 |
| Dec 29, 2009 | $0.058 |
| Sep 16, 2008 | $0.198 |
| Jun 17, 2008 | $0.148 |
| Mar 18, 2008 | $0.038 |
| Dec 28, 2007 | $0.036 |
| Sep 28, 2007 | $0.006 |
| Aug 31, 2007 | $0.025 |
| Jul 31, 2007 | $0.055 |
| Jun 29, 2007 | $0.067 |
| May 31, 2007 | $0.085 |
| Apr 30, 2007 | $0.052 |
| Nov 30, 2006 | $0.001 |
| Oct 31, 2006 | $0.021 |
| Sep 29, 2006 | $0.032 |
| Aug 31, 2006 | $0.022 |
| Jul 31, 2006 | $0.001 |
| Jun 30, 2006 | $0.083 |
| May 31, 2006 | $0.051 |
| Apr 28, 2006 | $0.020 |
APOCX - Fund Manager Analysis
Managers
Robert Gahagan
Start Date
Tenure
Tenure Rank
May 31, 2005
15.68
15.7%
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.
Brian Howell
Start Date
Tenure
Tenure Rank
May 31, 2006
14.68
14.7%
Mr. Howell, Vice President and Senior Portfolio Manager, joined American Century Investments in 1987. He became a portfolio manager in 1996. He has shared primary responsibility for the management of the funds since 2006, and has served on teams managing fixed-income investments since joining American Century. He has a bachelor’s degree in mathematics/statistics and an MBA from the University of California – Berkeley.
James Platz
Start Date
Tenure
Tenure Rank
Sep 28, 2007
13.35
13.4%
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
Feb 26, 2014
6.93
6.9%
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 |
|---|---|---|---|
| 0.16 | 19.18 | 7.04 | 9.77 |