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American Century Inflation Adjs Bond R5 AIANX

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Morningstar’s Analysis

Will AIANX outperform in future?

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An oldie, but not quite a goodie.

Summary

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American Century Inflation-Protected Bond is one of the oldest funds in the inflation-protected bond Morningstar Category, but its more recently augmented flexibility—which has led to prior helpings of high-yield and emerging-markets debt--introduced risk and has not aided performance. The fund earns a Morningstar Analyst Rating of Neutral for most of its shares and Negative for its two most expensive classes.

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