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American Century Inflation-Adjusted Bond Fund (ACITX)

Mutual Fund · Currency in USD · Last updated Sep 23, 2023

Under normal market conditions, the fund invests at least 80% of its net assets in inflation-adjusted bonds. It also may invest in derivative instruments such as futures contracts and swap agreements (including, but not limited to, inflation swap agreements and credit default swap agreements), bank loans, securities backed by mortgages or other assets and collateralized debt obligations. The fund may invest in U.S. Treasury futures, inflation swap agreements and credit default swap agreements to manage duration, inflation and credit exposure.

Summary

Fund Info

ISINUS0250817048
CUSIP025081704
IssuerAmerican Century Investments
Inception DateFeb 9, 1997
CategoryInflation-Protected Bonds
Minimum Investment$2,500
Asset ClassBond

Expense Ratio

The American Century Inflation-Adjusted Bond Fund has a high expense ratio of 0.46%, indicating higher-than-average management fees.


0.46%
0.00%2.15%

Share Price Chart


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Performance

The chart shows the growth of an initial investment of $10,000 in American Century Inflation-Adjusted Bond Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


0.00%5.00%10.00%15.00%AprilMayJuneJulyAugustSeptember
-3.05%
8.61%
ACITX (American Century Inflation-Adjusted Bond Fund)
Benchmark (^GSPC)

S&P 500

Compare to other instruments

Search for stocks, ETFs, and funds to compare with ACITX

American Century Inflation-Adjusted Bond Fund

Return

American Century Inflation-Adjusted Bond Fund had a return of -0.47% year-to-date (YTD) and -1.15% in the last 12 months. Over the past 10 years, American Century Inflation-Adjusted Bond Fund had an annualized return of 1.36%, while the S&P 500 had an annualized return of 9.70%, indicating that American Century Inflation-Adjusted Bond Fund did not perform as well as the benchmark.


PeriodReturnBenchmark
1 month-0.48%-1.94%
6 months-3.85%8.79%
Year-To-Date-0.47%12.52%
1 year-1.15%16.97%
5 years (annualized)1.80%8.27%
10 years (annualized)1.36%9.70%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
2023-1.49%2.93%0.09%-1.47%-0.53%0.00%-0.95%

Risk-Adjusted Performance

This table presents a comparison of risk-adjusted performance metrics for American Century Inflation-Adjusted Bond Fund (ACITX) and S&P 500 (^GSPC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
ACITX
American Century Inflation-Adjusted Bond Fund
-0.34
^GSPC
S&P 500
0.81

Sharpe Ratio

The current American Century Inflation-Adjusted Bond Fund Sharpe ratio is -0.34. 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.


Rolling 12-month Sharpe Ratio-1.00-0.500.000.501.00AprilMayJuneJulyAugustSeptember
-0.34
0.81
ACITX (American Century Inflation-Adjusted Bond Fund)
Benchmark (^GSPC)

Dividend History

American Century Inflation-Adjusted Bond Fund granted a 6.48% dividend yield in the last twelve months. The annual payout for that period amounted to $0.67 per share.


PeriodTTM20222021202020192018201720162015201420132012
Dividend$0.67$0.77$0.58$0.15$0.28$0.48$0.40$0.24$0.11$0.22$0.45$0.41

Dividend yield

6.48%7.42%4.84%1.31%2.81%5.07%4.20%2.58%1.25%2.41%5.08%4.20%

Monthly Dividends

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


JanFebMarAprMayJunJulAugSepOctNovDec
2023$0.00$0.00$0.00$0.00$0.00$0.12$0.00$0.00
2022$0.00$0.00$0.00$0.00$0.00$0.22$0.00$0.00$0.00$0.00$0.00$0.55
2021$0.00$0.00$0.00$0.00$0.00$0.14$0.00$0.00$0.00$0.00$0.00$0.43
2020$0.00$0.00$0.00$0.00$0.00$0.12$0.00$0.00$0.00$0.00$0.00$0.03
2019$0.00$0.00$0.00$0.00$0.00$0.08$0.00$0.00$0.00$0.00$0.00$0.20
2018$0.00$0.00$0.00$0.00$0.00$0.18$0.00$0.00$0.00$0.00$0.00$0.29
2017$0.00$0.00$0.00$0.00$0.00$0.30$0.00$0.00$0.00$0.00$0.00$0.10
2016$0.00$0.00$0.00$0.00$0.00$0.10$0.00$0.00$0.00$0.00$0.00$0.15
2015$0.00$0.00$0.00$0.00$0.00$0.03$0.00$0.00$0.00$0.00$0.00$0.08
2014$0.00$0.00$0.00$0.00$0.00$0.14$0.00$0.00$0.00$0.00$0.00$0.08
2013$0.00$0.00$0.00$0.00$0.00$0.04$0.00$0.00$0.00$0.00$0.00$0.41
2012$0.12$0.00$0.00$0.00$0.00$0.00$0.29

Drawdowns Chart

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


-18.00%-16.00%-14.00%-12.00%-10.00%-8.00%-6.00%-4.00%AprilMayJuneJulyAugustSeptember
-13.28%
-9.93%
ACITX (American Century Inflation-Adjusted Bond Fund)
Benchmark (^GSPC)

Worst Drawdowns

The table below shows the maximum drawdowns of the American Century Inflation-Adjusted 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 Inflation-Adjusted Bond Fund is 14.55%, recorded on Oct 20, 2022. The portfolio has not recovered from it yet.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-14.55%Mar 9, 2022157Oct 20, 2022
-14.4%Mar 11, 2008181Nov 24, 2008214Oct 1, 2009395
-11.35%Dec 11, 2012185Sep 5, 20131441Jun 3, 20191626
-10.26%Mar 9, 20209Mar 19, 202066Jun 23, 202075
-7.6%Jun 16, 200333Jul 31, 2003120Jan 22, 2004153

Volatility Chart

The current American Century Inflation-Adjusted Bond Fund volatility is 1.21%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


1.00%2.00%3.00%4.00%5.00%AprilMayJuneJulyAugustSeptember
1.21%
3.41%
ACITX (American Century Inflation-Adjusted Bond Fund)
Benchmark (^GSPC)