American Century Short Dur Inf PrBd R6
- APODX
- Price as of: Jan 15, 2021
-
$10.77
N/A N/A
- Primary Theme
- TIPS
- Fund Company
- American Century Investments
- Share Class
APODX - Snapshot
Vitals
- YTD Return 0.4%
- 3 Yr Annualized Return 3.5%
- 5 Yr Annualized Return 3.0%
- Net Assets $2.2 B
- Holdings in Top 10 80.7%
52 WEEK LOW AND HIGH
Expenses
OPERATING RELATED FEES
- Expense Ratio 0.32%
SALES FEES
- Front Load N/A
- Deferred Load N/A
BROKERAGE FEES
- Turnover 50.00%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $0
- IRA N/A
Fund Classification
-
Primary Theme
TIPS
- Fund Type Open End Mutual Fund
- Investment Style Inflation-Protected Bond
APODX - Profile
Distributions
- YTD Total Return 0.4%
- 3 Yr Annualized Total Return 3.5%
- 5 Yr Annualized Total Return 3.0%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 2.38%
- 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 DateJul 26, 2013
-
Shares Outstanding1189352
-
Share ClassRetirement
-
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.
APODX - Performance
Return Ranking - Trailing
| Period | APODX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 0.4% | -2.5% | 5.6% | 18.98% |
| 1 Yr | 5.3% | -0.5% | 27.2% | 87.96% |
| 3 Yr | 3.5%* | 0.9% | 11.7% | 81.16% |
| 5 Yr | 3.0%* | 1.1% | 10.9% | 85.00% |
| 10 Yr | 2.4%* | 1.1% | 7.2% | 79.87% |
* Annualized
Return Ranking - Calendar
| Period | APODX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | 4.2% | -29.4% | 23.0% | 78.40% |
| 2019 | 3.0% | -47.0% | 16.7% | 82.86% |
| 2018 | -2.1% | -11.1% | -0.5% | 7.04% |
| 2017 | -0.8% | -2.8% | 6.6% | 80.77% |
| 2016 | 2.8% | 0.5% | 7.7% | 48.28% |
Total Return Ranking - Trailing
| Period | APODX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 0.4% | -2.5% | 5.6% | 18.98% |
| 1 Yr | 5.3% | -0.5% | 27.2% | 84.26% |
| 3 Yr | 3.5%* | 0.9% | 11.7% | 78.74% |
| 5 Yr | 3.0%* | 1.1% | 10.9% | 83.50% |
| 10 Yr | 2.4%* | 1.0% | 7.2% | 78.57% |
* Annualized
Total Return Ranking - Calendar
| Period | APODX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | 4.2% | -29.4% | 23.0% | 78.40% |
| 2019 | 3.0% | 0.8% | 16.7% | 83.81% |
| 2018 | 0.4% | -9.9% | 0.6% | 1.01% |
| 2017 | 1.0% | -2.7% | 9.6% | 56.04% |
| 2016 | 3.5% | 0.5% | 10.4% | 50.57% |
NAV & Total Return History
APODX - Holdings
Concentration Analysis
| APODX | Category Low | Category High | APODX % Rank | |
|---|---|---|---|---|
| Net Assets | 2.2 B | 3.09 M | 40.3 B | 31.65% |
| Number of Holdings | 127 | 5 | 1104 | 53.70% |
| Net Assets in Top 10 | 1.78 B | -39.6 M | 24.8 B | 19.44% |
| Weighting of Top 10 | 80.73% | 8.9% | 99.6% | 13.66% |
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 | APODX % Rank | |
|---|---|---|---|---|
| Bonds | 98.13% | 42.87% | 144.69% | 35.65% |
| Cash | 1.69% | -48.32% | 57.12% | 59.72% |
| Convertible Bonds | 0.17% | 0.00% | 5.65% | 25.46% |
| Stocks | 0.00% | -2.59% | 13.94% | 47.22% |
| Preferred Stocks | 0.00% | 0.00% | 0.54% | 46.76% |
| Other | 0.00% | -8.84% | 33.49% | 47.69% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | APODX % Rank | |
|---|---|---|---|---|
| Government | 88.35% | 0.13% | 100.00% | 48.61% |
| Securitized | 6.36% | 0.00% | 58.11% | 24.07% |
| Corporate | 3.81% | 0.00% | 90.69% | 43.06% |
| Cash & Equivalents | 1.48% | 0.00% | 36.18% | 72.22% |
| Derivative | 0.00% | 0.00% | 14.10% | 27.78% |
| Municipal | 0.00% | 0.00% | 3.11% | 61.57% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | APODX % Rank | |
|---|---|---|---|---|
| US | 94.14% | 34.95% | 189.45% | 38.43% |
| Non US | 3.99% | -95.39% | 36.11% | 49.54% |
APODX - Expenses
Operational Fees
| APODX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.32% | 0.01% | 22.01% | 81.37% |
| Management Fee | 0.31% | 0.00% | 0.99% | 53.21% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.00% | 0.40% | N/A |
Sales Fees
| APODX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 1.00% | 4.75% | N/A |
| Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
| APODX 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.
| APODX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 50.00% | 0.00% | 357.00% | 48.61% |
APODX - Distributions
Dividend Yield Analysis
| APODX | Category Low | Category High | APODX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 2.24% | 44.04% |
Dividend Distribution Analysis
| APODX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Monthly | Semi-Annually | Monthly | Semi-Annually |
Net Income Ratio Analysis
| APODX | Category Low | Category High | APODX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 2.38% | -0.02% | 3.82% | 23.83% |
Capital Gain Distribution Analysis
| APODX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Dividend Payout History
| Date | Amount |
|---|---|
| Dec 20, 2018 | $0.182 |
| Jun 19, 2018 | $0.070 |
| Dec 26, 2017 | $0.117 |
| Jun 20, 2017 | $0.063 |
| Dec 27, 2016 | $0.069 |
| Dec 28, 2015 | $0.006 |
| Dec 23, 2014 | $0.102 |
| Jun 10, 2014 | $0.052 |
APODX - Fund Manager Analysis
Managers
Robert Gahagan
Start Date
Tenure
Tenure Rank
May 31, 2005
15.6
15.6%
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
14.6
14.6%
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
13.27
13.3%
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
6.85
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 |
|---|---|---|---|
| 0.08 | 19.1 | 6.83 | 9.68 |