APISX: American Century Short Duration Inflation Protection Bond Fund - MutualFunds.com

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APISX - Snapshot

Vitals

  • YTD Return 3.3%
  • 3 Yr Annualized Return 3.0%
  • 5 Yr Annualized Return 2.5%
  • Net Assets $2.09 B
  • Holdings in Top 10 81.9%

52 WEEK LOW AND HIGH

$10.64
$9.85
$10.65

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.37%

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

Compare APISX to Popular TIPS Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$25.42

-0.04%

$37.70 B

1.82%

$0.46

3.08%

0.14%

$50.80

-0.02%

$37.70 B

1.89%

$0.96

3.04%

0.05%

$14.34

+0.21%

$33.01 B

2.05%

$0.29

8.80%

0.20%

$125.85

+0.12%

$24.07 B

1.63%

$2.04

8.05%

0.19%

$10.70

+0.09%

$13.25 B

0.35%

$0.04

6.47%

APISX - Profile

Distributions

  • YTD Total Return 3.3%
  • 3 Yr Annualized Total Return 3.0%
  • 5 Yr Annualized Total Return 2.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.33%
DIVIDENDS
  • Dividend Yield 0.0%
  • 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
    43963071
  • Share Class
    Retirement
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Robert Gahagan

APISX - Performance

Return Ranking - Trailing

Period APISX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.3% -3.3% 21.7% 80.56%
1 Yr 4.7% -2.3% 23.2% 88.48%
3 Yr 3.0%* -0.2% 13.2% 86.06%
5 Yr 2.5%* -0.1% 10.5% 82.09%
10 Yr 2.1%* 0.8% 6.7% 82.69%

* Annualized

Return Ranking - Calendar

Period APISX Return Category Return Low Category Return High Rank in Category (%)
2019 3.0% -47.0% 16.7% 84.65%
2018 -2.1% -11.1% -0.5% 7.43%
2017 -0.8% -2.8% 6.6% 81.62%
2016 2.8% 0.5% 7.7% 48.02%
2015 -0.3% -13.3% 0.6% 8.67%

Total Return Ranking - Trailing

Period APISX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.3% -3.6% 22.4% 81.02%
1 Yr 4.7% -2.3% 23.2% 83.41%
3 Yr 3.0%* -0.2% 13.2% 84.13%
5 Yr 2.5%* -0.1% 10.5% 80.60%
10 Yr 2.1%* 0.8% 6.7% 80.77%

* Annualized

Total Return Ranking - Calendar

Period APISX Return Category Return Low Category Return High Rank in Category (%)
2019 3.0% 0.8% 16.7% 85.58%
2018 0.4% -9.9% 0.6% 1.49%
2017 0.9% -2.7% 9.6% 58.38%
2016 3.4% 0.5% 10.4% 51.41%
2015 -0.3% -12.6% 0.6% 10.67%

NAV & Total Return History


APISX - Holdings

Concentration Analysis

APISX Category Low Category High APISX % Rank
Net Assets 2.09 B 327 K 37.7 B 30.88%
Number of Holdings 146 5 1084 54.84%
Net Assets in Top 10 1.72 B -26.3 M 24.3 B 20.74%
Weighting of Top 10 81.91% 16.6% 99.4% 17.65%

Top 10 Holdings

  1. United States Treasury Notes 0.25% 20.10%
  2. United States Treasury Notes 0.12% 12.66%
  3. United States Treasury Notes 0.62% 11.43%
  4. United States Treasury Notes 0.62% 7.79%
  5. United States Treasury Notes 0.62% 6.77%
  6. United States Treasury Notes 0.12% 6.50%
  7. United States Treasury Notes 0.5% 4.91%
  8. United States Treasury Notes 0.12% 4.36%
  9. United States Treasury Notes 0.12% 3.71%
  10. United States Treasury Notes 0.38% 3.66%

Asset Allocation

Weighting Return Low Return High APISX % Rank
Bonds
98.59% 84.12% 145.15% 42.40%
Cash
1.06% -48.24% 39.21% 60.37%
Convertible Bonds
0.34% 0.00% 4.86% 26.73%
Stocks
0.00% -18.45% 14.03% 90.32%
Preferred Stocks
0.00% 0.00% 0.19% 94.47%
Other
0.00% -12.41% 30.97% 88.94%

Bond Sector Breakdown

Weighting Return Low Return High APISX % Rank
Government
85.85% 0.15% 100.00% 56.22%
Securitized
7.01% 0.00% 58.11% 26.27%
Corporate
4.90% 0.00% 89.49% 39.17%
Derivative
1.33% 0.00% 24.62% 29.95%
Cash & Equivalents
0.90% 0.00% 38.02% 70.51%
Municipal
0.00% 0.00% 2.83% 97.70%

Bond Geographic Breakdown

Weighting Return Low Return High APISX % Rank
US
95.97% 61.96% 150.42% 42.86%
Non US
2.62% -27.12% 30.93% 53.46%

APISX - Expenses

Operational Fees

APISX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.37% 0.01% 22.01% 77.78%
Management Fee 0.36% 0.00% 0.99% 60.83%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.40% N/A

Sales Fees

APISX 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

APISX 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.

APISX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 50.00% 0.00% 357.00% 57.14%

APISX - Distributions

Dividend Yield Analysis

APISX Category Low Category High APISX % Rank
Dividend Yield 0.00% 0.00% 3.32% 94.47%

Dividend Distribution Analysis

APISX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Semi-Annually Monthly Monthly

Net Income Ratio Analysis

APISX Category Low Category High APISX % Rank
Net Income Ratio 2.33% -0.20% 3.82% 29.95%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

APISX - Fund Manager Analysis

Managers

Robert Gahagan


Start Date

Tenure

Tenure Rank

May 31, 2005

15.35

15.4%

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

14.35

14.4%

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

13.02

13.0%

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

6.6

6.6%

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
0.12 18.85 6.79 9.43