ASDJX: American Century Short Dur Strt Inc R5

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ASDJX American Century Short Dur Strt Inc R5


Profile

ASDJX - Profile

Vitals

  • YTD Return -3.6%
  • 3 Yr Annualized Return -1.3%
  • 5 Yr Annualized Return -1.1%
  • Net Assets $198 M
  • Holdings in Top 10 24.6%

52 WEEK LOW AND HIGH

$9.23
$8.92
$9.67

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.46%

SALES FEES

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

BROKERAGE FEES

  • Turnover 61.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return -3.6%
  • 3 Yr Annualized Total Return -1.3%
  • 5 Yr Annualized Total Return -1.1%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 3.17%
DIVIDENDS
  • Dividend Yield 0.8%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    American Century Short Duration Strategic Income Fund
  • Fund Family Name
    American Century Investments
  • Inception Date
    Jul 28, 2014
  • Shares Outstanding
    24396
  • Share Class
    Retirement
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Brian Howell

Fund Description

The fund invests in both investment-grade and high-yield, non-money market debt securities. These securities may include corporate bonds and notes, government securities and securities backed by mortgages or other assets. The fund may also invest in certain equity securities such as preferred stock, convertible securities or equity equivalents provided that such investments are consistent with the fund's investment objectives.


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Categories

Performance

ASDJX - Performance

Return Ranking - Trailing

Period ASDJX Return Category Return Low Category Return High Rank in Category (%)
YTD -3.6% -25.7% 196.2% 74.02%
1 Yr -2.8% -24.6% 191.4% 86.96%
3 Yr -1.3%* -7.9% 8.6% 90.44%
5 Yr -1.1%* -6.0% 11.4% 82.59%
10 Yr N/A* -5.4% 3.9% N/A

* Annualized

Return Ranking - Calendar

Period ASDJX Return Category Return Low Category Return High Rank in Category (%)
2019 2.1% -4.3% 18.3% 80.95%
2018 -2.4% -11.7% 4.6% 45.73%
2017 0.4% -6.0% 8.3% 71.64%
2016 2.6% -7.8% 7.7% 6.71%
2015 -4.1% -18.3% 3.0% 90.88%

Total Return Ranking - Trailing

Period ASDJX Return Category Return Low Category Return High Rank in Category (%)
YTD -3.6% -25.7% 196.2% 74.02%
1 Yr -2.8% -24.6% 191.4% 86.96%
3 Yr -1.3%* -7.9% 10.7% 92.53%
5 Yr -1.1%* -6.0% 11.4% 86.72%
10 Yr N/A* -5.4% 6.7% N/A

* Annualized

Total Return Ranking - Calendar

Period ASDJX Return Category Return Low Category Return High Rank in Category (%)
2019 2.1% -4.3% 18.3% 81.50%
2018 -2.4% -11.7% 6.5% 54.42%
2017 0.4% -6.0% 10.4% 76.29%
2016 2.6% -7.8% 10.7% 13.51%
2015 -4.1% -12.6% 4.2% 93.95%

NAV & Total Return History


Holdings

ASDJX - Holdings

Concentration Analysis

ASDJX Category Low Category High ASDJX % Rank
Net Assets 198 M 640 K 259 B 73.94%
Number of Holdings 268 1 17723 53.82%
Net Assets in Top 10 53.8 M -216 M 24.5 B 67.78%
Weighting of Top 10 24.62% 2.4% 100.0% 39.85%

Top 10 Holdings

  1. United States Treasury Notes 1.75% 8.26%
  2. United States Treasury Notes 2.5% 4.15%
  3. 2 Year Treasury Note Future Mar20 4.14%
  4. United States Treasury Notes 1.62% 1.69%
  5. United States Treasury Notes 2.25% 1.61%
  6. Petroleos Mexicanos 4.88% 1.14%
  7. AbbVie Inc. 2.3% 1.07%
  8. Gilbert Park Clo Ltd 3.6% 0.90%
  9. JPMBB COMMERCIAL MORTGAGE SECURITIES TRUST 4% 0.84%
  10. Cifc Fdg 16-I Ltd/Cifc Fdg 16-1 4.05% 0.80%

Asset Allocation

Weighting Return Low Return High ASDJX % Rank
Bonds
88.18% 80.16% 159.74% 95.43%
Cash
7.25% -59.74% 19.74% 11.59%
Convertible Bonds
4.57% 0.00% 7.24% 1.44%
Stocks
0.00% -0.38% 24.73% 80.09%
Preferred Stocks
0.00% 0.00% 7.43% 82.43%
Other
0.00% -4.02% 28.26% 77.29%

Bond Sector Breakdown

Weighting Return Low Return High ASDJX % Rank
Corporate
47.34% 0.00% 99.29% 10.76%
Securitized
22.75% 0.00% 98.30% 36.68%
Government
22.66% -2.21% 122.41% 29.88%
Cash & Equivalents
7.25% -29.57% 39.95% 12.35%
Derivative
0.00% -0.83% 31.05% 81.86%
Municipal
0.00% 0.00% 100.11% 95.36%

Bond Geographic Breakdown

Weighting Return Low Return High ASDJX % Rank
US
73.02% 61.83% 156.78% 97.55%
Non US
15.16% -26.61% 26.76% 8.53%

Expenses

ASDJX - Expenses

Operational Fees

ASDJX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.46% 0.01% 34.57% 84.29%
Management Fee 0.40% 0.00% 1.10% 56.72%
12b-1 Fee N/A 0.00% 1.00% 97.66%
Administrative Fee N/A 0.00% 0.50% N/A

Sales Fees

ASDJX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.50% 5.75% N/A
Deferred Load N/A 0.25% 5.50% 87.36%

Trading Fees

ASDJX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% 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.

ASDJX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 61.00% 0.00% 489.00% 62.89%

Distributions

ASDJX - Distributions

Dividend Yield Analysis

ASDJX Category Low Category High ASDJX % Rank
Dividend Yield 0.78% 0.00% 3.70% 10.58%

Dividend Distribution Analysis

ASDJX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Monthly Monthly

Net Income Ratio Analysis

ASDJX Category Low Category High ASDJX % Rank
Net Income Ratio 3.17% -0.20% 6.30% 17.71%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

ASDJX - Fund Manager Analysis

Managers

Brian Howell


Start Date

Tenure

Tenure Rank

Jul 28, 2014

5.68

5.7%

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.

Jeffrey Houston


Start Date

Tenure

Tenure Rank

Jul 28, 2014

5.68

5.7%

Houston is a Vice President and Senior Portfolio Manager with American Century Investments, his employer since November 1990. Before joining the company, he was an assistant vice president and analyst with Ambac Indemnity, a municipal financial guaranty firm in New York. He has been in the finance industry since 1986. Houston holds the Chartered Financial Analyst designation. He is a member of the Kansas City Society of Financial Analysts and the Association of Investment Management and Research.

Robert Gahagan


Start Date

Tenure

Tenure Rank

Jul 28, 2014

5.68

5.7%

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.

Charles Tan


Start Date

Tenure

Tenure Rank

May 25, 2019

0.85

0.9%

Mr. Tan joined American Century Investment Management, Inc. in 2018. Prior to joining American Century, Mr. Tan worked at Aberdeen Standard Investments from 2005 to 2018. Mr. Tan began his investment career in 1994 and earned a B.S. from University of International Business and Economics, Beijing and an M.B.A from Bucknell University.

Jason Greenblath


Start Date

Tenure

Tenure Rank

Jun 28, 2019

0.76

0.8%

Mr. Greenblath, Vice President and Senior Portfolio Manager, has served on teams managing fixed-income investments since joining American Century Investment Management, Inc. in 2019. Prior to joining American Century, Mr. Greenblath worked at Aberdeen Standard Investments as head of U.S. investment grade credit from 2018 to 2019, head of U.S. investment grade credit research from 2014 to 2018 and as a portfolio manager from 2012 to 2018. He has a bachelor’s degree in finance from Pennsylvania State University

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 33.35 7.41 0.25