American Century Inflation-Adjusted Bond Fund (ACITX)
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.
Fund Info
| ISIN | US0250817048 |
|---|---|
| CUSIP | 025081704 |
| Issuer | American Century Investments |
| Inception Date | Feb 9, 1997 |
| Category | Inflation-Protected Bonds |
| Minimum Investment | $2,500 |
| Asset Class | Bond |
Expense Ratio
The American Century Inflation-Adjusted Bond Fund has a high expense ratio of 0.46%, indicating higher-than-average management fees.
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.
Compare to other instruments
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.
| Period | Return | Benchmark |
|---|---|---|
| 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
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
|---|---|---|---|---|---|
ACITX American Century Inflation-Adjusted Bond Fund | -0.34 | ||||
^GSPC S&P 500 | 0.81 |
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.
| Period | TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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.
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, 2022 | 157 | Oct 20, 2022 | — | — | — |
| -14.4% | Mar 11, 2008 | 181 | Nov 24, 2008 | 214 | Oct 1, 2009 | 395 |
| -11.35% | Dec 11, 2012 | 185 | Sep 5, 2013 | 1441 | Jun 3, 2019 | 1626 |
| -10.26% | Mar 9, 2020 | 9 | Mar 19, 2020 | 66 | Jun 23, 2020 | 75 |
| -7.6% | Jun 16, 2003 | 33 | Jul 31, 2003 | 120 | Jan 22, 2004 | 153 |
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.