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Trending ETFs

SHORT DURATION FUND

mutual fund
ASDOX
Payout Change
Pending
Price as of:
$9.69 -0.01 -0.1%
primary theme
U.S. Short-Term Bond Duration
ASDOX (Mutual Fund)

SHORT DURATION FUND

Payout Change
Pending
Price as of:
$9.69 -0.01 -0.1%
primary theme
U.S. Short-Term Bond Duration
ASDOX (Mutual Fund)

SHORT DURATION FUND

Payout Change
Pending
Price as of:
$9.69 -0.01 -0.1%
primary theme
U.S. Short-Term Bond Duration

Name

As of 05/17/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

SHORT DURATION FUND

ASDOX | Fund

$9.69

$1.36 B

5.13%

$0.50

0.32%

Vitals

YTD Return

1.2%

1 yr return

4.3%

3 Yr Avg Return

0.9%

5 Yr Avg Return

N/A

Net Assets

$1.36 B

Holdings in Top 10

42.1%

52 WEEK LOW AND HIGH

$9.7
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.32%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 178.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$0

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 05/17/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

SHORT DURATION FUND

ASDOX | Fund

$9.69

$1.36 B

5.13%

$0.50

0.32%

ASDOX - Profile

Distributions

  • YTD Total Return 1.2%
  • 3 Yr Annualized Total Return 0.9%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 1.56%
DIVIDENDS
  • Dividend Yield 5.1%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    SHORT DURATION FUND
  • Fund Family Name
    American Century Investments
  • Inception Date
    Nov 04, 2020
  • Shares Outstanding
    89165575
  • Share Class
    G
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Robert Gahagan

Fund Description

The fund invests in debt securities such as notes, bonds, commercial paper, mortgage- or asset backed securities, collateralized loan obligations, collateralized mortgage obligations, and U.S. Treasury securities. These securities may be payable in U.S. or foreign currencies.
The fund invests at least 65% of its assets in investment-grade, non-money market debt securities. An investment-grade security is one that has been rated by a nationally recognized statistical rating organization in its top four credit quality categories or determined by the advisor to be of comparable credit quality.The fund may invest up to 35% of its assets in high-yield debt securities. A high-yield security, or junk bond, is one that has been rated below the four highest categories used by a nationally recognized statistical rating organization, or determined by the investment advisor to be of similar quality. The fund may also invest in securities issued by companies that are located in emerging market countries.
No more than 10% of the fund’s assets may be invested in non-dollar denominated debt securities.
The fund may invest in securities issued or guaranteed by the U.S. Treasury and certain U.S. government agencies or instrumentalities such as the Government National Mortgage Association (Ginnie Mae). Ginnie Mae is supported by the full faith and credit of the U.S. government. Securities issued or guaranteed by other U.S. government agencies or instrumentalities, such as the Federal National Mortgage Association (Fannie Mae), the Federal Home Loan Mortgage Corporation (Freddie Mac), and the Federal Home Loan Bank (FHLB) are not guaranteed by the U.S. Treasury or supported by the full faith and credit of the U.S. government. However, they are authorized to borrow from the U.S. Treasury to meet their obligations.
In addition to the debt securities described above, the fund may also invest in bank loans.
The fund also may invest in derivative instruments provided that such investments are in keeping with the fund’s investment objectives. Such derivatives may include options, futures contracts, options on futures contracts, and swaps (including credit default swaps). The fund may use foreign currency exchange contracts to shift investment exposure from one currency into another for hedging purposes or to enhance returns.
The weighted average duration of the fund’s portfolio must be three years or shorter. Duration is an indication of the relative sensitivity of a security’s market value to changes in interest rates. The longer the weighted average duration of the fund’s portfolio, the more sensitive its market value is to interest rate fluctuations. Duration is different from maturity in that it attempts to measure the interest rate sensitivity of a security, as opposed to its expected final maturity.
The portfolio managers select securities using an approach that integrates macroeconomic inputs, technical analysis of the relative value among various sectors, and fundamental research on individual securities. The macroeconomic framework provides interest rate and duration guidelines for the fund by analyzing economic activity, inflation, and monetary policy. Portfolio managers select individual securities using in-depth fundamental analysis designed to provide a detailed understanding of the credit worthiness of a security and its related market. As the market environment and investment opportunities change, portfolio managers buy and sell securities to meet the fund’s evolving sector allocations and credit quality standards.
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ASDOX - Performance

Return Ranking - Trailing

Period ASDOX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.2% -2.5% 12.0% 44.81%
1 Yr 4.3% -0.3% 26.2% 62.59%
3 Yr 0.9%* -6.1% 4.3% 23.51%
5 Yr N/A* -4.1% 4.7% 9.71%
10 Yr N/A* -19.2% 169.8% 28.79%

* Annualized

Return Ranking - Calendar

Period ASDOX Return Category Return Low Category Return High Rank in Category (%)
2023 0.6% -5.4% 7.6% 93.78%
2022 -6.2% -17.7% -2.6% 28.25%
2021 N/A -4.0% 4.4% N/A
2020 N/A -8.3% 7.6% N/A
2019 N/A -2.3% 9.3% N/A

Total Return Ranking - Trailing

Period ASDOX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.2% -2.5% 12.0% 44.81%
1 Yr 4.3% -0.3% 26.2% 62.59%
3 Yr 0.9%* -6.1% 4.3% 23.51%
5 Yr N/A* -4.1% 4.7% 9.16%
10 Yr N/A* -19.2% 169.8% 27.01%

* Annualized

Total Return Ranking - Calendar

Period ASDOX Return Category Return Low Category Return High Rank in Category (%)
2023 5.7% -1.1% 15.2% 47.17%
2022 -3.4% -17.3% -1.3% 12.08%
2021 N/A -2.7% 7.7% N/A
2020 N/A -4.4% 14.5% N/A
2019 N/A 0.6% 12.6% N/A

NAV & Total Return History


ASDOX - Holdings

Concentration Analysis

ASDOX Category Low Category High ASDOX % Rank
Net Assets 1.36 B 14.5 K 57.3 B 48.09%
Number of Holdings 278 2 9251 69.58%
Net Assets in Top 10 587 M 993 K 6.33 B 34.43%
Weighting of Top 10 42.14% 1.8% 108.7% 16.94%

Top 10 Holdings

  1. United States Treasury Note/Bond 4.75 11/15/2026 16.78%
  2. United States Treasury Bill 0.00 11/29/2024 6.19%
  3. United States Treasury Note/Bond 4.63 06/30/2025 5.04%
  4. United States Treasury Note/Bond 4.63 09/15/2026 2.91%
  5. United States Treasury Note/Bond 1.13 02/28/2025 2.35%
  6. United States Treasury Note/Bond 5.00 08/31/2025 2.17%
  7. United States Treasury Note/Bond 0.88 06/30/2026 1.99%
  8. United States Treasury Note/Bond - When Issued 4.25 12/15/2026 1.89%
  9. Fixed Income Clearing Corp 5.31 01/02/2024 1.50%
  10. Freddie Mac Multifamily Structured Pass Through Certificates 2.77 1.32%

Asset Allocation

Weighting Return Low Return High ASDOX % Rank
Bonds
97.75% 0.00% 130.36% 17.85%
Convertible Bonds
2.55% 0.00% 27.71% 49.09%
Other
1.83% -0.97% 72.36% 65.57%
Cash
0.42% -20.59% 62.18% 81.79%
Stocks
0.00% 0.00% 103.64% 98.36%
Preferred Stocks
0.00% 0.00% 22.27% 98.18%

Bond Sector Breakdown

Weighting Return Low Return High ASDOX % Rank
Government
35.67% 0.00% 73.63% 25.36%
Corporate
33.54% 0.00% 100.00% 62.41%
Securitized
20.28% 0.00% 97.27% 71.17%
Derivative
0.08% -0.55% 28.01% 26.05%
Cash & Equivalents
0.04% 0.00% 62.18% 82.70%
Municipal
0.00% 0.00% 17.46% 98.18%

Bond Geographic Breakdown

Weighting Return Low Return High ASDOX % Rank
US
97.75% 0.00% 130.36% 14.57%
Non US
0.00% 0.00% 83.16% 98.91%

ASDOX - Expenses

Operational Fees

ASDOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.32% 0.01% 3.24% 88.42%
Management Fee 0.31% 0.00% 1.19% 49.00%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.50% N/A

Sales Fees

ASDOX 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 0.50% 4.00% N/A

Trading Fees

ASDOX 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.

ASDOX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 178.00% 2.00% 500.00% 83.54%

ASDOX - Distributions

Dividend Yield Analysis

ASDOX Category Low Category High ASDOX % Rank
Dividend Yield 5.13% 0.00% 11.11% 10.02%

Dividend Distribution Analysis

ASDOX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annual Monthly Monthly

Net Income Ratio Analysis

ASDOX Category Low Category High ASDOX % Rank
Net Income Ratio 1.56% -1.27% 4.98% 26.82%

Capital Gain Distribution Analysis

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

Distributions History

View More +

ASDOX - Fund Manager Analysis

Managers

Robert Gahagan


Start Date

Tenure

Tenure Rank

Nov 30, 2006

15.51

15.5%

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.

Jeffrey Houston


Start Date

Tenure

Tenure Rank

Nov 30, 2006

15.51

15.5%

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.

James Platz


Start Date

Tenure

Tenure Rank

Sep 28, 2007

14.68

14.7%

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.

Charles Tan


Start Date

Tenure

Tenure Rank

Oct 31, 2018

3.58

3.6%

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.

Peter Van Gelderen


Start Date

Tenure

Tenure Rank

Jun 05, 2021

0.99

1.0%

Mr. Van Gelderen joined Guggenheim in 2014, as Managing Director focusing on structured products and asset backed securities. Prior to joining Guggenheim, he worked as a senior portfolio manager for structured products at ADH Investment Management and Stark Investments from 2007 to 2013 in San Francisco and Milwaukee. Prior to Stark, Mr. Van Gelderen worked in whole loan transaction management at Countrywide Securities Corporation and began his career as a corporate attorney at Thelen, Reid & Priest. Mr. Van Gelderen received his J.D. from Georgetown University Law Center and B.A. in English from Duke University.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.07 28.77 6.16 2.41