American Century Government Bond Fund (CPTNX) belongs to the Government Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with CPTNX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to CPTNX
CPTNX charges 0.47% annually. There are 43 mutual funds in the Government Bonds category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| GMO U.S. Treasury Fund | 0.01% | — | Mar 2009 | CPTNX vs GUSTX | |
| Fidelity Intermediate Treasury Bond Index Fund | 0.03% | — | — | CPTNX vs FUAMX | |
| Fidelity Long-Term Treasury Bond Index Fund | 0.03% | — | Dec 2005 | CPTNX vs FNBGX | |
| Fidelity Short-Term Treasury Bond Index Fund | 0.03% | — | Dec 2005 | CPTNX vs FUMBX | |
| Fidelity SAI U.S. Treasury Bond Index Fund | 0.03% | — | Mar 2016 | CPTNX vs FUTBX |
Best Risk-Adjusted Alternatives to CPTNX
CPTNX has a PortfoliosLab risk / return rank of 19. There are 57 mutual funds in the Government Bonds category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Federated Hermes Adjustable Rate Fund | 99 | — | Dec 1985 | CPTNX vs FEUGX | |
| GMO U.S. Treasury Fund | 99 | — | Mar 2009 | CPTNX vs GUSTX | |
| Vanguard Short-Term Treasury Index Fund Institutio... | 88 | — | Aug 2010 | CPTNX vs VSBIX | |
| Vanguard Short-Term Treasury Index Fund Admiral Sh... | 86 | 33.50B | Dec 2009 | CPTNX vs VSBSX | |
| Integrity Short Term Government Fund | 84 | — | Jun 2011 | CPTNX vs MDSIX |
Top Performing CPTNX Alternatives (YTD)
CPTNX is at 0.10% YTD. There are 55 mutual funds in the Government Bonds category with higher YTD returns, going as high as 1.82%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Federated Hermes Adjustable Rate Fund | 1.82% | — | Dec 1985 | CPTNX vs FEUGX | |
| Vanguard Emerging Markets Government Bond Index Fu... | 1.70% | 6.50B | Feb 2015 | CPTNX vs VGIVX | |
| Vanguard Emerging Markets Government Bond Index Fu... | 1.65% | 6.50B | May 2013 | CPTNX vs VGAVX | |
| Integrity Short Term Government Fund | 1.65% | — | Jun 2011 | CPTNX vs MDSIX | |
| GMO U.S. Treasury Fund | 1.46% | — | Mar 2009 | CPTNX vs GUSTX |
Lowest Volatility Alternatives to CPTNX
CPTNX has 4.09% 1-year volatility. There are 63 mutual funds in the Government Bonds category with lower 1-year volatility, going as low as 1.21%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Short-Term Government Portfolio | 1.21% | — | May 1987 | CPTNX vs DFFGX | |
| GMO U.S. Treasury Fund | 1.22% | — | Mar 2009 | CPTNX vs GUSTX | |
| Vanguard Short-Term Treasury Index Fund Institutio... | 1.27% | — | Aug 2010 | CPTNX vs VSBIX | |
| Vanguard Short-Term Treasury Index Fund Admiral Sh... | 1.28% | 33.50B | Dec 2009 | CPTNX vs VSBSX | |
| Federated Hermes Adjustable Rate Fund | 1.41% | — | Dec 1985 | CPTNX vs FEUGX |
Lowest Drawdown Alternatives to CPTNX
CPTNX has a 1-year max drawdown of -3.36%. There are 68 mutual funds in the Government Bonds category with shallower 1-year drawdowns, going as shallow as -0.20%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| GMO U.S. Treasury Fund | -0.20% | — | Mar 2009 | CPTNX vs GUSTX | |
| Federated Hermes Adjustable Rate Fund | -0.32% | — | Dec 1985 | CPTNX vs FEUGX | |
| Davis Government Bond Fund | -0.77% | — | Nov 1994 | CPTNX vs RFBAX | |
| Vanguard Short-Term Treasury Index Fund Institutio... | -0.81% | — | Aug 2010 | CPTNX vs VSBIX | |
| Vanguard Short-Term Treasury Index Fund Admiral Sh... | -0.84% | 33.50B | Dec 2009 | CPTNX vs VSBSX |
Other Mutual Funds from American Century
The 10 most viewed American Century mutual funds shown here include TWCUX, TWCGX, BGEIX and span 5 categories. AUM among these funds goes as high as $27B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| American Century Ultra Fund | Large Cap Growth Equities | 27 | 9.68% | 26.59B | Nov 1981 | CPTNX vs TWCUX | |
| American Century Growth Fund | Large Cap Growth Equities | 29 | 8.57% | 14.71B | Jun 1971 | CPTNX vs TWCGX | |
| American Century Global Gold Fund | Precious Metals | 26 | 2.13% | 1.76B | Aug 1988 | CPTNX vs BGEIX | |
| American Century Investments Focused Dynamic Growt... | Large Cap Growth Equities | 34 | 9.28% | 2.12B | May 2006 | CPTNX vs ACFOX | |
| American Century Select Fund | Large Cap Growth Equities | 34 | 8.87% | 6.39B | Jun 1971 | CPTNX vs TWCIX | |
| American Century Growth Fund G Class | Large Cap Growth Equities | 31 | 8.95% | — | Mar 2022 | CPTNX vs ACIHX | |
| American Century Heritage Fund | Mid Cap Growth Equities | 6 | 6.69% | 5.37B | Nov 1987 | CPTNX vs TWHIX | |
| American Century California High Yield Municipal F... | Municipal Bonds | 67 | 2.11% | 1.62B | Dec 1986 | CPTNX vs BCHYX | |
| American Century Equity Income Fund | Large Cap Value Equities | 41 | 6.14% | 6.45B | Aug 1994 | CPTNX vs TWEIX | |
| American Century Disciplined Core Value Fund | Large Cap Value Equities | 79 | 11.88% | 1.99B | Dec 1990 | CPTNX vs BIGRX |
Often Compared With CPTNX
Investors most often compare CPTNX with KORP, PEDIX, FGMNX. These 11 comparison targets span 4 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| American Century Diversified Corporate Bond ETF | Corporate Bonds | 41 | 0.69% | 813.82M | Jan 2018 | CPTNX vs KORP | |
| PIMCO Extended Duration Fund | Government Bonds | 6 | 0.05% | — | Aug 2006 | CPTNX vs PEDIX | |
| Fidelity GNMA Fund | Government Bonds | 41 | 1.09% | — | Nov 1985 | CPTNX vs FGMNX | |
| American Century Utilities Fund | Utilities Equities | 11 | 4.40% | 312.77M | Feb 1993 | CPTNX vs BULIX | |
| Thornburg Limited Term U.S. Government Fund | Government Bonds | 27 | 0.47% | — | Nov 1987 | CPTNX vs LTUSX | |
| T. Rowe Price GNMA Fund | Government Bonds | 44 | 0.93% | — | Nov 1985 | CPTNX vs PRGMX | |
| PIMCO GNMA and Government Securities Fund | Government Bonds | 33 | 1.23% | — | Jul 1997 | CPTNX vs PDMIX | |
| DWS GNMA Fund | Government Bonds | 31 | 0.21% | — | Jul 2000 | CPTNX vs SGINX | |
| Fidelity SAI Long-Term Treasury Bond Index Fund | Government Bonds | 6 | -0.08% | — | Oct 2015 | CPTNX vs FBLTX | |
| American Century Equity Income Fund Class I | Large Cap Value Equities | 42 | 6.29% | — | Jul 1998 | CPTNX vs ACIIX | |
| Vanguard GNMA Fund Admiral Shares | Government Bonds | 34 | 0.83% | 11.00B | Feb 2001 | CPTNX vs VFIJX |
Compare CPTNX with Any Fund or Stock
Compare CPTNX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair CPTNX with funds that move differently
American Century Government Bond Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to CPTNX.
Explore CPTNX Diversifiers