American Century Short Duration Fund comanager Jeff Houston and co-head of the firm’s corporate markets team will relinquish his investment duties on June 30, 2024, and retire on Aug. 15, 2024, according to the firm. Jason Greenblath, who has worked alongside Houston as co-head of the corporate markets team since 2019, will take over that team but is not becoming a named manager on the fund. Instead, Houston’s portfolio management duties will be distributed across the rest of the team. Robert Gahagan, a manager since 2006, will continue to lead the fund alongside co-lead and Global Fixed Income co-CIO Charles Tan. James Platz, a manager since 2007, and Paul Norris, who recently joined the firm in November 2023 as a senior portfolio manager on this strategy, also help manage the fund. With experienced managers and a sufficient supporting cast, the strategy maintains a People rating of Average, while its overall Morningstar Medalist Ratings also remain unchanged.
American Century Short Duration R ACSPX
- NAV / 1-Day Return 9.90 / −0.10 %
- Total Assets 1.3 Bil
-
Adj. Expense Ratio
- Expense Ratio 1.070%
- Distribution Fee Level High
- Share Class Type Retirement, Medium
- Category Short-Term Bond
- Credit Quality / Interest Rate Sensitivity Medium/Limited
- Min. Initial Investment 2,500
- Status Open
- TTM Yield 3.99%
- Effective Duration 1.90 years
USD | NAV as of Sep 26, 2024 | 1-Day Return as of Sep 26, 2024, 10:09 PM GMT+0
Morningstar’s Analysis ACSPX
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Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 31.6
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
2 Year Treasury Note Future Sept 24 | 14.35 | 206.3 Mil | Government |
United States Treasury Notes 4.625% | 7.93 | 114.0 Mil | Government |
United States Treasury Notes 4.5% | 7.37 | 105.9 Mil | Government |
United States Treasury Notes 4.625% | 2.64 | 38.0 Mil | Government |
United States Treasury Notes 4.125% | 2.61 | 37.6 Mil | Government |
Barton Capital S.A. 0% | 2.35 | 33.7 Mil | Cash and Equivalents |
Landesbank Baden Wurttemberg New York Branch 0% | 2.35 | 33.7 Mil | Cash and Equivalents |
Federal Home Loan Mortgage Corp. 2.77% | 1.29 | 18.5 Mil | Securitized |
Federal Home Loan Banks 4.625% | 1.04 | 15.0 Mil | Government |
Federal Home Loan Mortgage Corp. 2.282% | 0.94 | 13.5 Mil | Securitized |