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American Century Diversified Bond Fund (ACBPX)

Mutual Fund · Currency in USD · Last updated Apr 1, 2023

Under normal market conditions, the fund invests at least 80% of its net assets in high- and medium-grade, non-money market debt securities. It invests most of its assets in investment-grade securities. The weighted average maturity of the fund's portfolio must be three and one-half years or longer.

Share Price Chart


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Performance

The chart shows the growth of $10,000 invested in American Century Diversified Bond Fund in Oct 2022 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $23,026 for a total return of roughly 130.26%. All prices are adjusted for splits and dividends.


100.00%150.00%200.00%250.00%300.00%350.00%NovemberDecember2023FebruaryMarch
130.26%
353.29%
ACBPX (American Century Diversified Bond Fund)
Benchmark (^GSPC)

S&P 500

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Return

American Century Diversified Bond Fund had a return of 2.88% year-to-date (YTD) and -5.52% in the last 12 months. Over the past 10 years, American Century Diversified Bond Fund had an annualized return of 1.29%, while the S&P 500 had an annualized return of 10.14%, indicating that American Century Diversified Bond Fund did not perform as well as the benchmark.


PeriodReturnBenchmark
1 month2.17%3.51%
Year-To-Date2.88%7.03%
6 months4.31%12.88%
1 year-5.52%-10.71%
5 years (annualized)0.82%9.21%
10 years (annualized)1.29%10.14%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20233.33%-2.55%
2022-4.33%-1.60%3.74%-0.61%

Sharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current American Century Diversified Bond Fund Sharpe ratio is -0.69. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


-2.50-2.00-1.50-1.00-0.50NovemberDecember2023FebruaryMarch
-0.69
-0.46
ACBPX (American Century Diversified Bond Fund)
Benchmark (^GSPC)

Dividend History

American Century Diversified Bond Fund granted a 3.48% dividend yield in the last twelve months. The annual payout for that period amounted to $0.33 per share.


PeriodTTM20222021202020192018201720162015201420132012
Dividend$0.33$0.26$0.31$0.52$0.27$0.29$0.25$0.28$0.31$0.29$0.36$0.42

Dividend yield

3.48%2.80%2.91%4.84%2.76%3.21%2.70%3.16%3.54%3.37%4.41%5.05%

Monthly Dividends

The table displays the monthly dividend distributions for American Century Diversified Bond Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDec
2023$0.03$0.03
2022$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.03$0.03
2021$0.03$0.01$0.02$0.02$0.02$0.02$0.02$0.02$0.01$0.01$0.02$0.12
2020$0.02$0.02$0.02$0.02$0.01$0.01$0.02$0.02$0.02$0.02$0.02$0.33
2019$0.03$0.02$0.00$0.03$0.03$0.03$0.03$0.03$0.02$0.02$0.02$0.02
2018$0.02$0.02$0.03$0.02$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.01
2017$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02
2016$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.04
2015$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.07
2014$0.02$0.03$0.03$0.03$0.03$0.03$0.02$0.02$0.02$0.02$0.02$0.02
2013$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.11
2012$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.02$0.03$0.03$0.12

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-25.00%-20.00%-15.00%-10.00%NovemberDecember2023FebruaryMarch
-12.16%
-14.33%
ACBPX (American Century Diversified Bond Fund)
Benchmark (^GSPC)

Worst Drawdowns

The table below shows the maximum drawdowns of the American Century Diversified Bond Fund. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the American Century Diversified Bond Fund is 18.42%, recorded on Oct 24, 2022. The portfolio has not recovered from it yet.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-18.42%Sep 15, 2021281Oct 24, 2022
-11.52%Oct 6, 1998420May 18, 2000548Aug 1, 2002968
-7.63%Mar 9, 20209Mar 19, 202058Jun 11, 202067
-5.11%May 3, 201387Sep 5, 2013173May 14, 2014260
-5.04%Sep 16, 200831Oct 28, 200835Dec 17, 200866
-4.79%Jun 16, 200342Aug 14, 2003104Jan 13, 2004146
-4.37%Sep 8, 201670Dec 15, 2016176Aug 29, 2017246
-4.17%Mar 18, 200440May 13, 200490Sep 22, 2004130
-3.9%Sep 11, 2017291Nov 2, 201886Mar 12, 2019377
-3.47%Nov 5, 201028Dec 15, 201097May 5, 2011125

Volatility Chart

Current American Century Diversified Bond Fund volatility is 9.04%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.


0.00%10.00%20.00%30.00%40.00%NovemberDecember2023FebruaryMarch
9.04%
15.42%
ACBPX (American Century Diversified Bond Fund)
Benchmark (^GSPC)