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APISX American Century Short Dur Inf PrBd Inst

  • Fund
  • APISX
  • Price as of: Dec 02, 2016
  • $10.32
  • - $0.00
  • - 0.00%
  • Category
  • Inflation-Protected Bonds

APISX - Profile

Vitals

  • YTD Return 3.1%
  • 3 Yr Annualized Return 0.4%
  • 5 Yr Annualized Return 0.5%
  • Net Assets $1.43 B
  • Holdings in Top 10 79.6%

52 WEEK LOW AND HIGH

$10.32
$9.98
$10.39

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.37%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 36.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$5,000,000

IRA

N/A

Investment Themes

CATEGORY

Inflation-Protected Bonds
  • Fund Type Open End Mutual Fund
  • Investment Style Inflation-Protected Bond

Distributions

  • YTD Total Return 3.1%
  • 3 Yr Annualized Total Return 0.4%
  • 5 Yr Annualized Total Return 0.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.81%
DIVIDENDS
  • Dividend Yield 0.2%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name American Century Short Duration Inflation Protection Bond Fund
  • Fund Family Name American Century Investments
  • Inception Date May 31, 2005
  • Shares Outstanding N/A
  • Share Class Inst
  • Currency USD
  • Domiciled Country United States
  • Manager James E. Platz

APISX - Performance

Return Ranking - Trailing

Period APISX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 3.1% -1.7% 16.9% 54.73% 4
1 Yr 3.0% -4.7% 14.9% 82.50% 5
3 Yr 0.4% * -3.0% 5.8% 80.66% 5
5 Yr 0.5% * -0.7% 8.0% 69.05% 4
10 Yr 3.8% * 0.3% 7.6% 49.61% 3

* Annualized


Return Ranking - Calendar

Period APISX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -0.3% -19.2% 0.0% 3.57% 1
2014 -2.9% -8.8% 20.3% 67.57% 5
2013 -2.5% -27.3% 2.4% 6.08% 1
2012 1.8% -13.7% 10.0% 60.61% 4
2011 -1.3% -8.6% 10.9% 75.16% 5

Total Return Ranking - Trailing

Period APISX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 3.1% -1.7% 16.9% 58.21% 4
1 Yr 3.0% -8.4% 14.9% 68.50% 4
3 Yr 0.4% * -4.0% 5.8% 70.17% 4
5 Yr 0.5% * -0.9% 8.0% 60.12% 3
10 Yr 3.8% * 0.3% 7.6% 44.09% 3

* Annualized


Total Return Ranking - Calendar

Period APISX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -0.3% -12.9% 0.1% 5.61% 1
2014 -1.5% -8.8% 26.1% 78.38% 5
2013 -2.1% -27.7% 21.9% 6.63% 1
2012 3.6% 0.0% 31.4% 79.39% 5
2011 10.5% -0.4% 31.6% 41.83% 3

NAV & Total Return History

APISX - Holdings

Filings data as of: Sep 30, 2016

Concentration Analysis

APISX Category Low Category High APISX % Rank Quintile
Net Assets 1.43 B 1.26 M 25.3 B 7.04% 2
Number of Holdings 162 3 1159 8.04% 2
Net Assets in Top 10 1.17 B 1.28 M 13.9 B 5.03% 1
Weighting of Top 10 79.6% 7.8% 279.3% 10.55% 2

Top 10 Holdings

  1. US Treasury Note 14.49%
  2. US Treasury TIP 1.25% 11.64%
  3. US Treasury Note 9.46%
  4. US Treasury Note 9.38%
  5. US Treasury Note 8.16%
  6. US Treasury Note 6.11%
  7. US Treasury Note 5.49%
  8. US Treasury Note 5.30%
  9. Us 5yr Note (Cbt) Dec16 Xcbt 20161230 5.01%
  10. US Treasury Note 4.59%

Asset Allocation

Weighting Category Low Category High APISX % Rank Quintile
Bonds
99.15% 0.00% 160.81% 11.44% 3
Cash
0.85% -60.81% 35.03% 16.08% 3
Other
0.00% -10.81% 13.79% 12.56% 5
Convertible Bonds
0.00% 0.00% 13.44% 3.02% 5
Preferred Stocks
0.00% 0.00% 2.35% 4.02% 5
Stocks
0.00% 0.00% 16.14% 4.98% 5

Bond Sector Breakdown

Weighting Category Low Category High APISX % Rank Quintile
Government
88.78% -0.39% 107.94% 17.59% 3
Securitized
7.74% 0.00% 51.05% 7.04% 2
Corporate
2.42% 0.00% 76.10% 13.57% 3
Derivative
0.21% -21.70% 0.21% 0.50% 1
Cash & Equivalents
0.06% -84.42% 35.03% 20.10% 4
Municipal
0.00% 0.00% 102.90% 5.53% 5

Bond Geographic Breakdown

Weighting Category Low Category High APISX % Rank Quintile
US
98.45% 56.75% 158.90% 11.06% 2
Non US
0.70% 0.00% 18.48% 15.08% 4

APISX - Expenses

Operational Fees

APISX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.37% 0.05% 17.48% 54.73% 1
Management Fee 0.36% 0.04% 0.70% 8.46% 2
12b-1 Fee N/A 0.00% 1.00% N/A N/A
Administrative Fee N/A 0.01% 0.35% N/A N/A

Sales Fees

APISX Fees (% of AUM) Category Low Category High APISX Rank Quintile
Front Load N/A 2.25% 4.75% N/A N/A
Deferred Load N/A 1.00% 5.00% N/A N/A

Trading Fees

APISX Fees (% of AUM) Category Low Category High APISX Rank Quintile
Max Redemption Fee N/A 0.25% 0.25% N/A N/A

Turnover 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.

APISX Fees (% of AUM) Category Low Category High APISX Rank Quintile
Turnover 36.00% 1.00% 531.00% 17.09% 2

APISX - Distributions

Dividend Yield Analysis

APISX Category Low Category High APISX % Rank Quintile
Dividend Yield 0.2% 0.00% 0.93% 33.51% 3

Dividend Distribution Analysis

APISX Category Low Category High Category Mode
Dividend Distribution Frequency Monthly Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

APISX Category Low Category High APISX % Rank Quintile
Net Income Ratio 0.81% -2.77% 5.45% 31.34% 2

Capital Gain Distribution Analysis

APISX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

APISX - Managers

James E. Platz

Lead Manager

Start Date

Sep 28, 2007

Tenure

9.1

Tenure Rank

4.3%

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

Manager

Start Date

Feb 26, 2014

Tenure

2.68

Tenure Rank

13.0%

Mr. 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.


Brian Howell

Lead Manager

Start Date

May 31, 2006

Tenure

10.43

Tenure Rank

3.0%

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.


Robert V. Gahagan

Lead Manager

Start Date

May 31, 2005

Tenure

11.43

Tenure Rank

2.6%

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.


Tenure Analysis

Category Low

0.0

Category High

20.4

Category Average

5.7

Category Mode

4.8