American Century Zero Coupon 2020 Adv
Name
As of 11/14/2001Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
0.8%
1 yr return
1.0%
3 Yr Avg Return
0.8%
5 Yr Avg Return
1.0%
Net Assets
$114 M
Holdings in Top 10
64.7%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.80%
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
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 11/14/2001Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
ACTEX - Profile
Distributions
- YTD Total Return 0.8%
- 3 Yr Annualized Total Return 0.8%
- 5 Yr Annualized Total Return 1.0%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 3.81%
- Dividend Yield 4.2%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameAmerican Century Zero Coupon 2020 Fund
-
Fund Family NameAmerican Century Investments
-
Inception DateOct 19, 1998
-
Shares Outstanding11813
-
Share ClassAdv
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerRobert Gahagan
Fund Description
ACTEX - Performance
Return Ranking - Trailing
| Period | ACTEX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 0.8% | -0.4% | 6.7% | 75.90% |
| 1 Yr | 1.0% | -1.7% | 5.4% | 89.29% |
| 3 Yr | 0.8%* | -41.4% | 2.8% | 84.52% |
| 5 Yr | 1.0%* | -27.4% | 1.4% | 60.71% |
| 10 Yr | 2.3%* | -14.8% | 7.2% | 5.26% |
* Annualized
Return Ranking - Calendar
| Period | ACTEX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 2.5% | -1.4% | 3.3% | 3.66% |
| 2022 | -3.6% | -80.0% | 0.1% | 91.36% |
| 2021 | -2.9% | -4.6% | 0.0% | 92.21% |
| 2020 | -4.7% | -4.7% | 0.2% | 100.00% |
| 2019 | -1.3% | -3.6% | 0.3% | 76.00% |
Total Return Ranking - Trailing
| Period | ACTEX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 0.8% | -0.4% | 6.7% | 75.90% |
| 1 Yr | 1.0% | -1.7% | 5.4% | 79.76% |
| 3 Yr | 0.8%* | -41.4% | 3.0% | 82.14% |
| 5 Yr | 1.0%* | -27.4% | 1.5% | 60.71% |
| 10 Yr | 2.3%* | -14.8% | 7.2% | 5.26% |
* Annualized
Total Return Ranking - Calendar
| Period | ACTEX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 2.5% | -1.4% | 3.3% | 3.66% |
| 2022 | 0.3% | -80.0% | 2.2% | 9.88% |
| 2021 | 0.7% | -4.6% | 1.2% | 3.90% |
| 2020 | 1.5% | -4.1% | 1.8% | 3.90% |
| 2019 | 3.9% | -3.6% | 3.9% | 1.33% |
NAV & Total Return History
ACTEX - Holdings
Concentration Analysis
| ACTEX | Category Low | Category High | ACTEX % Rank | |
|---|---|---|---|---|
| Net Assets | 114 M | 1.38 M | 13 B | 82.35% |
| Number of Holdings | 17 | 7 | 1639 | 96.47% |
| Net Assets in Top 10 | 82.7 M | 1.39 M | 4.28 B | 75.29% |
| Weighting of Top 10 | 64.73% | 14.4% | 100.0% | 8.97% |
Top 10 Holdings
- United States Treasury Bills 0.01% 27.55%
- U.S. Treasury Security Stripped Interest Security 0.01% 13.70%
- Resolution Funding Corp 0.01% 8.61%
- United States Treasury Bills 0.01% 5.87%
- United States Treasury Bills 0.01% 4.70%
- U.S. Treasury Bond Stripped Principal Payment 0.01% 1.56%
- U.S. Treasury Bond Stripped Principal Payment 0% 1.25%
- United States Treasury Bills 0.01% 1.02%
- United States Treasury Bills 0.01% 0.39%
- Federal Judiciary Office Building Trust 0.01% 0.09%
Asset Allocation
| Weighting | Return Low | Return High | ACTEX % Rank | |
|---|---|---|---|---|
| Bonds | 64.73% | 55.61% | 139.65% | 97.65% |
| Cash | 35.27% | -39.65% | 44.39% | 2.35% |
| Stocks | 0.00% | 0.00% | 0.00% | 31.76% |
| Preferred Stocks | 0.00% | 0.00% | 0.00% | 31.76% |
| Other | 0.00% | 0.00% | 7.87% | 31.76% |
| Convertible Bonds | 0.00% | 0.00% | 0.00% | 31.76% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | ACTEX % Rank | |
|---|---|---|---|---|
| Government | 64.73% | 0.00% | 99.85% | 31.76% |
| Cash & Equivalents | 35.27% | 0.15% | 44.39% | 2.35% |
| Derivative | 0.00% | 0.00% | 0.12% | 35.29% |
| Securitized | 0.00% | 0.00% | 94.36% | 92.94% |
| Corporate | 0.00% | 0.00% | 44.45% | 41.18% |
| Municipal | 0.00% | 0.00% | 6.53% | 40.00% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | ACTEX % Rank | |
|---|---|---|---|---|
| US | 64.73% | 55.61% | 139.40% | 97.65% |
| Non US | 0.00% | 0.00% | 16.02% | 35.29% |
ACTEX - Expenses
Operational Fees
| ACTEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.80% | 0.03% | 2.31% | 47.06% |
| Management Fee | 0.54% | 0.03% | 0.80% | 89.41% |
| 12b-1 Fee | 0.25% | 0.00% | 1.00% | 41.03% |
| Administrative Fee | N/A | 0.05% | 0.45% | N/A |
Sales Fees
| ACTEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 1.50% | 4.75% | N/A |
| Deferred Load | N/A | 0.50% | 1.00% | N/A |
Trading Fees
| ACTEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.25% | 0.25% | 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.
| ACTEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 13.00% | 0.00% | 499.00% | 10.00% |
ACTEX - Distributions
Dividend Yield Analysis
| ACTEX | Category Low | Category High | ACTEX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 4.15% | 0.00% | 1.94% | 35.29% |
Dividend Distribution Analysis
| ACTEX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annually | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
| ACTEX | Category Low | Category High | ACTEX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 3.81% | 0.47% | 4.06% | 3.53% |
Capital Gain Distribution Analysis
| ACTEX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 07, 2018 | $3.887 | |
| Dec 08, 2017 | $3.241 | |
| Dec 09, 2016 | $3.129 | |
| Dec 18, 2015 | $3.270 | |
| Dec 19, 2014 | $3.732 | |
| Dec 13, 2013 | $4.093 | |
| Dec 14, 2012 | $3.842 | |
| Dec 11, 2009 | $3.554 | |
| Dec 08, 2000 | $2.400 |
ACTEX - Fund Manager Analysis
Managers
Robert Gahagan
Start Date
Tenure
Tenure Rank
Aug 01, 2006
14.09
14.1%
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
Nov 17, 2008
11.79
11.8%
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
Nov 17, 2008
11.79
11.8%
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
11.67
11.7%
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 |
|---|---|---|---|
| 0.17 | 34.69 | 10.64 | 5.58 |