American Century Short Duration Strategic Income Fund (ASDVX)

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American Century Short Duration Strategic Income Fund (ASDVX) is up 1.1% since the beginning of the year. ASDVX is currently trading at $9 per share. Investors who bought $1,000 worth of ASDVX shares 5 years ago would now be looking at an investment worth $1,128.

American Century Short Duration Strategic Income Fund (ASDVX) has returned 1.08% so far this year and 4.88% over the past 12 months.

Based on dividend-adjusted daily data since Jul 29, 2014, ASDVX's average daily return is +0.01%, while the average monthly return is +0.21%. At this rate, an investment would double in approximately 27.5 years.

Historically, 72% of months were positive and 28% were negative. The best month was Apr 2020 with a return of +2.7%, while the worst month was Mar 2020 at -4.3%. The longest winning streak lasted 21 consecutive months, and the longest losing streak was 6 months.

On a daily basis, ASDVX closed higher 27% of trading days. The best single day was Mar 26, 2020 with a return of +1.2%, while the worst single day was Mar 18, 2020 at -1.1%.

American Century Short Duration Strategic Income Fund has an annualized alpha of 4.13%, beta of 0.04, and R2 of 0.06 versus S&P 500 Index. Calculated based on daily prices since July 30, 2014.

• This fund captured 13.91% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -3.50%) - a profile typical of hedging or uncorrelated assets.
• Beta of 0.04 may look defensive, but with R2 of 0.06 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
• R2 of 0.06 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

ASDVX has an expense ratio of 0.53%, placing it in the medium range.

ASDVX ranks 81 for risk / return — in the top 81% of mutual funds on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.

The table below present risk-adjusted performance metrics for American Century Short Duration Strategic Income Fund (ASDVX) and compare them to S&P 500 Index.

American Century Short Duration Strategic Income Fund provided a 4.78% dividend yield over the last twelve months, with an annual payout of $0.43 per share.

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

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the American Century Short Duration Strategic Income Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the American Century Short Duration Strategic Income Fund was 8.41%, occurring on Oct 20, 2022. Recovery took 385 trading sessions.

The current American Century Short Duration Strategic Income Fund drawdown is 0.11%.

The chart below shows the rolling one-month volatility.