American Century Short Duration is backed by a competent team of managers, but its broader supporting squad has experienced turnover. Its straightforward investment process focuses on larger allocations to riskier sub-sectors of the bond market, leading to more credit risk relative to its peers. It earns a Morningstar Analyst Rating of Neutral for most share classes and Negative for the most expensive ones.
American Century Short Duration R ACSPX
NAV / 1-Day Return
10.34
/
0.09
%
Total Assets
1.8 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
1.100%
Expense Ratio
1.100%
Fee Level
High
Longest Manager Tenure
15.13
years
Category
Short-Term Bond
Credit Quality / Interest Rate Sensitivity
Medium / LimitedMin. Initial Investment
2,500
Status
Open
TTM Yield
0.92%
Effective Duration
1.74
years
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Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will ACSPX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable ACSPX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the ACSPX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of ACSPX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Still running with more credit risk than the norm.
