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American Century Short Duration Fund (ACSNX)

Mutual Fund · Currency in USD · Last updated Mar 21, 2023

The investment seeks to maximize total return; as a secondary objective, the fund seeks a high level of income. The fund invests at least 65% of its assets in investment-grade, non-money market debt securities. No more than 10% of the fund's assets may be invested in non-dollar denominated debt securities. The weighted average duration of the fund's portfolio must be three years or shorter.

Share Price Chart


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Performance

The chart shows the growth of $10,000 invested in American Century Short Duration Fund in Oct 2022 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $14,327 for a total return of roughly 43.27%. All prices are adjusted for splits and dividends.


0.00%5.00%10.00%NovemberDecember2023FebruaryMarch
1.82%
7.43%
ACSNX (American Century Short Duration Fund)
Benchmark (^GSPC)

S&P 500

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Return

American Century Short Duration Fund had a return of 1.25% year-to-date (YTD) and -0.50% in the last 12 months. Over the past 10 years, American Century Short Duration Fund had an annualized return of 1.22%, while the S&P 500 had an annualized return of 9.84%, indicating that American Century Short Duration Fund did not perform as well as the benchmark.


PeriodReturnBenchmark
1 month0.89%-3.13%
Year-To-Date1.25%2.92%
6 months1.31%2.02%
1 year-0.50%-11.46%
5 years (annualized)1.52%7.76%
10 years (annualized)1.22%9.84%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20230.87%-0.45%
2022-1.21%-0.30%0.67%0.41%

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 Short Duration Fund Sharpe ratio is -0.25. 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.


-3.00-2.50-2.00-1.50-1.00-0.50NovemberDecember2023FebruaryMarch
-0.25
-0.45
ACSNX (American Century Short Duration Fund)
Benchmark (^GSPC)

Dividend History

American Century Short Duration Fund granted a 2.82% dividend yield in the last twelve months. The annual payout for that period amounted to $0.28 per share.


PeriodTTM20222021202020192018201720162015201420132012
Dividend$0.28$0.21$0.20$0.16$0.26$0.25$0.20$0.17$0.18$0.19$0.13$0.14

Dividend yield

2.82%2.17%2.03%1.57%2.73%2.75%2.16%1.86%2.01%2.14%1.54%1.63%

Monthly Dividends

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


JanFebMarAprMayJunJulAugSepOctNovDec
2023$0.02$0.03
2022$0.01$0.01$0.01$0.01$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.03
2021$0.01$0.01$0.01$0.01$0.02$0.02$0.02$0.01$0.01$0.01$0.01$0.05
2020$0.02$0.02$0.01$0.02$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01
2019$0.02$0.02$0.03$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02
2018$0.02$0.02$0.03$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.03$0.02
2017$0.01$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02
2016$0.01$0.02$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01
2015$0.02$0.02$0.02$0.02$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.02
2014$0.01$0.01$0.01$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02
2013$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.02
2012$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.02

Drawdowns Chart

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


-25.00%-20.00%-15.00%-10.00%-5.00%NovemberDecember2023FebruaryMarch
-3.37%
-17.62%
ACSNX (American Century Short Duration Fund)
Benchmark (^GSPC)

Worst Drawdowns

The table below shows the maximum drawdowns of the American Century Short Duration 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 Short Duration Fund is 5.98%, recorded on Oct 20, 2022. The portfolio has not recovered from it yet.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-5.98%Oct 4, 2021266Oct 20, 2022
-5.32%Mar 9, 202012Mar 24, 202053Jun 9, 202065
-1.27%Mar 4, 200872Jun 13, 200814Jul 7, 200886
-1.18%Nov 13, 20086Nov 20, 200815Dec 12, 200821
-1.13%May 3, 201337Jun 25, 2013171Feb 28, 2014208
-1.08%Sep 16, 20088Sep 25, 20087Oct 6, 200815
-1.04%Dec 9, 20114Dec 14, 201111Dec 30, 201115
-0.98%Jul 16, 20086Jul 23, 200828Sep 2, 200834
-0.98%Oct 8, 20089Oct 20, 200812Nov 5, 200821
-0.88%Nov 8, 201035Dec 28, 201082Apr 26, 2011117

Volatility Chart

Current American Century Short Duration Fund volatility is 6.29%. 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
6.29%
20.82%
ACSNX (American Century Short Duration Fund)
Benchmark (^GSPC)