American Century Short Duration C ACSKX Fund Analysis

Effective Aug. 31, 2023, Peter Van Gelderen, a comanager on American Century Short Duration ASHHX, will be stepping down from his role. Van Gelderen joined American Century in June 2021 as a senior portfolio manager and team lead of the securitized market group. While the firm continues to look for Van Gelderen's replacement, senior portfolio manager and global fixed income co-CIO Charles Tan will step in to assume responsibilities. Tan joined the firm in 2018 with nearly 30 years of industry experience and has previously held oversight responsibilities for a securitized team. To ensure a smooth transition, Van Gelderen will remain with the firm through September 2023. The remaining portfolio managers, lead manager Bob Gahagan and comanagers Jeffrey Houston and James Platz, have worked together on this strategy for more than 16 years. Despite the recent turnover on this team, the managers remain supported by an experienced group of research analysts. This departure doesn't alter our view. American Century Short Duration retains its Average People and Process ratings, and its Morningstar Medalist Ratings also remain unchanged.