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American Century Diversified Bond R ADVRX

Morningstar Analyst Rating
Analyst rating as of
NAV / 1-Day Return
11.21  /  0.08 %
Total Assets
2.0 Bil
Adj. Expense Ratio
1.100%
Expense Ratio
1.100%
Fee Level
Above Average
Longest Manager Tenure
19.64 years
Category
Intermediate Core Bond
Credit Quality / Interest Rate Sensitivity
Medium / Moderate
Min. Initial Investment
2,500
Status
Open
TTM Yield
1.02%
Effective Duration
6.41 years

USD | NAV as of Jul 23, 2021 | 1-Day Return as of Jul 23, 2021, 9:42 PM GMT+00:00

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Morningstar’s Analysis

Will ADVRX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

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The Process Pillar is our assessment of how sensible, clearly defined, and repeatable ADVRX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

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The People Pillar is our evaluation of the ADVRX 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

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The Parent Pillar is our rating of ADVRX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Rebuilding.

Associate Director

Summary

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American Century Diversified Bond had a better 2020 than many peers, with its 2019 process reforms helping to put its 2018 performance woes behind it. How the strategy distinguishes itself with more restrictive guardrails in place remains to be seen. It earns a Morningstar Analyst Rating of Neutral for most of its share classes and Negative for its two costliest ones.

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