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CORE PLUS FUND
mutual fund
ACCNX
Payout Change
Pending
Price as of:
$9.09
+0.01
+0.11%
primary theme
U.S. Intermediate-Term Bond Duration
share class
ACCNX (Mutual Fund)
CORE PLUS FUND
Payout Change
Pending
Price as of:
$9.09
+0.01
+0.11%
primary theme
U.S. Intermediate-Term Bond Duration
share class
ACCNX (Mutual Fund)
CORE PLUS FUND
Payout Change
Pending
Price as of:
$9.09
+0.01
+0.11%
primary theme
U.S. Intermediate-Term Bond Duration
share class
Name
As of 12/20/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
2.1%
1 yr return
2.3%
3 Yr Avg Return
-3.0%
5 Yr Avg Return
-0.2%
Net Assets
$393 M
Holdings in Top 10
11.6%
52 WEEK LOW AND HIGH
$9.1
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.55%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 238.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,500
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/20/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
ACCNX - Profile
Distributions
- YTD Total Return 2.1%
- 3 Yr Annualized Total Return -3.0%
- 5 Yr Annualized Total Return -0.2%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 2.20%
- Dividend Yield 5.1%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameCORE PLUS FUND
-
Fund Family NameAmerican Century Investments
-
Inception DateNov 30, 2006
-
Shares Outstanding42942069
-
Share ClassInvestor
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJeffrey Houston
Fund Description
The fund invests in debt securities such as notes, bonds, commercial paper, mortgage- or asset-backed securities, collateralized loan obligations, collateralized mortgage obligations, and U.S. Treasury securities. These securities may be payable in U.S. or foreign currencies.
The fund invests at least 65% of its assets in investment-grade, non-money market debt securities. An investment-grade security is one that has been rated by a nationally recognized statistical rating organization in its top four credit quality categories or determined by the advisor to be of comparable credit quality. The fund may invest up to 35% of its assets in high-yield debt securities. A high-yield security, or junk bond, is one that has been rated below the four highest categories used by a nationally recognized statistical rating organization, or determined by the investment advisor to be of similar quality. The fund may also invest in securities issued by companies that are located in emerging market countries—emerging market securities.
The fund may invest in non-dollar denominated debt securities. The weighted average maturity of the fund’s portfolio must be 3½ years or longer.
The fund may invest in securities issued or guaranteed by the U.S. Treasury and certain U.S. government agencies or instrumentalities such as the Government National Mortgage Association (Ginnie Mae). Ginnie Mae is supported by the full faith and credit of the U.S. government. Securities issued or guaranteed by other U.S. government agencies or instrumentalities, such as the Federal National Mortgage Association (Fannie Mae), the Federal Home Loan Mortgage Corporation (Freddie Mac), and the Federal Home Loan Bank (FHLB) are not guaranteed by the U.S. Treasury or supported by the full faith and credit of the U.S. government. However, they are authorized to borrow from the U.S. Treasury to meet their obligations.
In addition to the debt securities described above, the fund may also invest in bank loans.
The fund also may invest in derivative instruments provided that such investments are in keeping with the fund’s investment objectives. Such derivative instruments may include options, futures contracts, options on futures contracts, and swaps (including credit default swaps). The fund may use foreign currency exchange contracts to shift investment exposure from one currency into another for hedging purposes or to enhance returns.
The portfolio managers select securities using an approach that integrates macroeconomic inputs, technical analysis of the relative value among various sectors, and fundamental research on individual securities. The macroeconomic framework provides interest rate and duration guidelines for the fund by analyzing economic activity, inflation, and monetary policy. Portfolio managers select individual securities using in-depth fundamental analysis designed to provide a detailed understanding of the credit worthiness of a security and its related market. As the market environment and investment opportunities change, portfolio managers buy and sell securities to meet the fund’s evolving sector allocations and credit quality standards.
The fund may engage in active and frequent trading of portfolio securities to achieve its principal investment strategies. This may cause higher transaction costs and may affect performance. It may also result in the realization and distribution of capital gains.
ACCNX - Performance
Return Ranking - Trailing
| Period | ACCNX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 2.1% | -7.5% | 11.4% | 49.90% |
| 1 Yr | 2.3% | -6.5% | 14.2% | 60.37% |
| 3 Yr | -3.0%* | -10.6% | 27.3% | 76.44% |
| 5 Yr | -0.2%* | -7.5% | 58.4% | 60.14% |
| 10 Yr | 1.4%* | -3.0% | 73.7% | 52.05% |
* Annualized
Return Ranking - Calendar
| Period | ACCNX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 1.2% | -16.2% | 8.1% | 83.16% |
| 2022 | -17.6% | -34.7% | 131.9% | 85.11% |
| 2021 | -2.8% | -11.6% | 4.4% | 25.58% |
| 2020 | 5.8% | -9.9% | 946.1% | 18.07% |
| 2019 | 6.0% | -1.7% | 16.9% | 33.49% |
Total Return Ranking - Trailing
| Period | ACCNX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 2.1% | -7.5% | 11.4% | 49.90% |
| 1 Yr | 2.3% | -6.5% | 14.2% | 60.37% |
| 3 Yr | -3.0%* | -10.6% | 27.3% | 76.44% |
| 5 Yr | -0.2%* | -7.5% | 58.4% | 60.14% |
| 10 Yr | 1.4%* | -3.0% | 73.7% | 52.05% |
* Annualized
Total Return Ranking - Calendar
| Period | ACCNX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 6.0% | -11.3% | 11.9% | 52.39% |
| 2022 | -15.0% | -32.2% | 131.9% | 86.06% |
| 2021 | 0.8% | -9.4% | 9.2% | 11.12% |
| 2020 | 8.1% | -1.9% | 1009.0% | 52.93% |
| 2019 | 9.0% | 1.1% | 21668.0% | 43.94% |
NAV & Total Return History
ACCNX - Holdings
Concentration Analysis
| ACCNX | Category Low | Category High | ACCNX % Rank | |
|---|---|---|---|---|
| Net Assets | 393 M | 2.9 M | 314 B | 71.22% |
| Number of Holdings | 596 | 1 | 17880 | 56.02% |
| Net Assets in Top 10 | 47 M | 1.62 M | 35.1 B | 83.09% |
| Weighting of Top 10 | 11.56% | 4.7% | 3984.6% | 90.42% |
Top 10 Holdings
- Overwatch Alpha Funding LLC 0.00 10/01/2024 2.09%
- Lion Bay Funding LLC 0.00 10/01/2024 2.09%
- Ginnie Mae II Pool 2.00 1.08%
- United States Treasury Note/Bond 4.75 11/15/2043 1.01%
- Fannie Mae Pool 5.50 0.93%
- Ginnie Mae II Pool 4.00 0.90%
- Ginnie Mae II Pool 4.50 0.89%
- Fannie Mae Pool 2.50 0.88%
- Ginnie Mae II Pool 4.50 0.87%
- United States Treasury Note/Bond 3.63 08/31/2029 0.81%
Asset Allocation
| Weighting | Return Low | Return High | ACCNX % Rank | |
|---|---|---|---|---|
| Bonds | 90.53% | 0.00% | 9231.88% | 69.25% |
| Preferred Stocks | 6.57% | 0.00% | 72.34% | 0.83% |
| Cash | 4.18% | -54.51% | 237.69% | 38.59% |
| Convertible Bonds | 1.21% | 0.00% | 7.93% | 61.65% |
| Stocks | 0.00% | 0.00% | 99.98% | 99.07% |
| Other | -0.01% | -27.25% | 1695.17% | 96.27% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | ACCNX % Rank | |
|---|---|---|---|---|
| Corporate | 32.39% | 0.00% | 100.00% | 44.51% |
| Government | 27.60% | 0.00% | 86.23% | 44.83% |
| Securitized | 25.92% | 0.00% | 98.40% | 63.74% |
| Cash & Equivalents | 4.18% | 0.00% | 237.69% | 37.86% |
| Municipal | 1.38% | 0.00% | 100.00% | 21.63% |
| Derivative | -0.01% | -6.56% | 44.82% | 77.49% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | ACCNX % Rank | |
|---|---|---|---|---|
| US | 90.39% | 0.00% | 9042.62% | 63.38% |
| Non US | 0.14% | 0.00% | 189.26% | 36.93% |
ACCNX - Expenses
Operational Fees
| ACCNX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.55% | 0.01% | 39.64% | 66.60% |
| Management Fee | 0.54% | 0.00% | 1.76% | 93.50% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.01% | 0.50% | N/A |
Sales Fees
| ACCNX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 2.00% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
| ACCNX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| ACCNX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 238.00% | 2.00% | 493.39% | 76.12% |
ACCNX - Distributions
Dividend Yield Analysis
| ACCNX | Category Low | Category High | ACCNX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 5.10% | 0.00% | 10.11% | 20.60% |
Dividend Distribution Analysis
| ACCNX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Monthly | Quarterly | Monthly | Quarterly |
Net Income Ratio Analysis
| ACCNX | Category Low | Category High | ACCNX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 2.20% | -1.28% | 4.79% | 21.12% |
Capital Gain Distribution Analysis
| ACCNX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Nov 29, 2024 | $0.039 | OrdinaryDividend |
| Oct 31, 2024 | $0.037 | OrdinaryDividend |
| Sep 30, 2024 | $0.035 | OrdinaryDividend |
| Aug 30, 2024 | $0.040 | OrdinaryDividend |
| Jul 31, 2024 | $0.038 | OrdinaryDividend |
| Apr 30, 2024 | $0.036 | OrdinaryDividend |
| Mar 28, 2024 | $0.035 | OrdinaryDividend |
| Feb 29, 2024 | $0.035 | OrdinaryDividend |
| Jan 31, 2024 | $0.033 | OrdinaryDividend |
| Dec 29, 2023 | $0.036 | OrdinaryDividend |
| Nov 30, 2023 | $0.035 | OrdinaryDividend |
| Oct 31, 2023 | $0.033 | OrdinaryDividend |
| Sep 29, 2023 | $0.034 | OrdinaryDividend |
| Aug 31, 2023 | $0.032 | OrdinaryDividend |
| Jul 31, 2023 | $0.030 | OrdinaryDividend |
| Jun 30, 2023 | $0.033 | OrdinaryDividend |
| May 31, 2023 | $0.031 | OrdinaryDividend |
| Apr 28, 2023 | $0.030 | OrdinaryDividend |
| Mar 31, 2023 | $0.036 | OrdinaryDividend |
| Feb 28, 2023 | $0.032 | OrdinaryDividend |
| Jan 31, 2023 | $0.030 | OrdinaryDividend |
| Dec 30, 2022 | $0.032 | OrdinaryDividend |
| Nov 30, 2022 | $0.027 | OrdinaryDividend |
| Oct 31, 2022 | $0.025 | OrdinaryDividend |
| Sep 30, 2022 | $0.025 | OrdinaryDividend |
| Aug 31, 2022 | $0.023 | OrdinaryDividend |
| Jul 29, 2022 | $0.024 | OrdinaryDividend |
| Jun 30, 2022 | $0.023 | OrdinaryDividend |
| May 31, 2022 | $0.023 | OrdinaryDividend |
| Apr 29, 2022 | $0.020 | OrdinaryDividend |
| Mar 31, 2022 | $0.018 | OrdinaryDividend |
| Feb 28, 2022 | $0.021 | OrdinaryDividend |
| Jan 31, 2022 | $0.022 | OrdinaryDividend |
| Dec 31, 2021 | $0.025 | OrdinaryDividend |
| Dec 07, 2021 | $0.040 | CapitalGainShortTerm |
| Dec 07, 2021 | $0.057 | CapitalGainLongTerm |
| Nov 30, 2021 | $0.022 | OrdinaryDividend |
| Oct 31, 2021 | $0.021 | OrdinaryDividend |
| Sep 30, 2021 | $0.022 | OrdinaryDividend |
| Aug 31, 2021 | $0.021 | OrdinaryDividend |
| Jul 30, 2021 | $0.023 | OrdinaryDividend |
| Jun 30, 2021 | $0.023 | OrdinaryDividend |
| May 31, 2021 | $0.024 | OrdinaryDividend |
| Apr 30, 2021 | $0.023 | OrdinaryDividend |
| Mar 31, 2021 | $0.028 | OrdinaryDividend |
| Feb 28, 2021 | $0.026 | OrdinaryDividend |
| Jan 31, 2021 | $0.024 | OrdinaryDividend |
| Dec 31, 2020 | $0.029 | OrdinaryDividend |
| Nov 30, 2020 | $0.021 | OrdinaryDividend |
| Oct 30, 2020 | $0.024 | OrdinaryDividend |
| Sep 30, 2020 | $0.022 | OrdinaryDividend |
| Aug 31, 2020 | $0.023 | OrdinaryDividend |
| Jul 31, 2020 | $0.018 | OrdinaryDividend |
| Jun 30, 2020 | $0.016 | OrdinaryDividend |
| May 29, 2020 | $0.016 | OrdinaryDividend |
| Apr 30, 2020 | $0.018 | OrdinaryDividend |
| Mar 31, 2020 | $0.010 | OrdinaryDividend |
| Feb 28, 2020 | $0.017 | OrdinaryDividend |
| Jan 31, 2020 | $0.015 | OrdinaryDividend |
| Dec 31, 2019 | $0.018 | OrdinaryDividend |
| Nov 29, 2019 | $0.020 | OrdinaryDividend |
| Oct 31, 2019 | $0.025 | OrdinaryDividend |
| Sep 30, 2019 | $0.025 | OrdinaryDividend |
| Aug 30, 2019 | $0.026 | OrdinaryDividend |
| Jul 31, 2019 | $0.026 | OrdinaryDividend |
| Dec 06, 2013 | $0.014 | CapitalGainShortTerm |
| Dec 06, 2013 | $0.055 | CapitalGainLongTerm |
| Dec 07, 2012 | $0.060 | CapitalGainShortTerm |
| Dec 07, 2012 | $0.037 | CapitalGainLongTerm |
| Dec 09, 2011 | $0.013 | CapitalGainShortTerm |
| Dec 09, 2011 | $0.052 | CapitalGainLongTerm |
| Dec 10, 2010 | $0.063 | CapitalGainShortTerm |
| Dec 10, 2010 | $0.024 | CapitalGainLongTerm |
| Dec 08, 2009 | $0.065 | CapitalGainShortTerm |
| Dec 08, 2009 | $0.004 | CapitalGainLongTerm |
| Dec 09, 2008 | $0.058 | CapitalGainShortTerm |
| Dec 09, 2008 | $0.166 | CapitalGainLongTerm |
ACCNX - Fund Manager Analysis
Managers
Jeffrey Houston
Start Date
Tenure
Tenure Rank
Nov 30, 2006
15.51
15.5%
Houston is a Vice President and Senior Portfolio Manager with American Century Investments, his employer since November 1990. Before joining the company, he was an assistant vice president and analyst with Ambac Indemnity, a municipal financial guaranty firm in New York. He has been in the finance industry since 1986. Houston holds the Chartered Financial Analyst designation. He is a member of the Kansas City Society of Financial Analysts and the Association of Investment Management and Research.
Robert Gahagan
Start Date
Tenure
Tenure Rank
Nov 30, 2006
15.51
15.5%
Mr. Gahagan, Senior Vice President and Senior Portfolio Manager, joined American Century Investments in 1983. He became a portfolio manager in 1991. He has a bachelor’s degree in economics and an MBA from the University of Missouri – Kansas City.
Charles Tan
Start Date
Tenure
Tenure Rank
Oct 31, 2018
3.58
3.6%
Mr. Tan joined American Century Investment Management, Inc. in 2018. Prior to joining American Century, Mr. Tan worked at Aberdeen Standard Investments from 2005 to 2018. Mr. Tan began his investment career in 1994 and earned a B.S. from University of International Business and Economics, Beijing and an M.B.A from Bucknell University.
Peter Van Gelderen
Start Date
Tenure
Tenure Rank
Jun 05, 2021
0.99
1.0%
Mr. Van Gelderen joined Guggenheim in 2014, as Managing Director focusing on structured products and asset backed securities. Prior to joining Guggenheim, he worked as a senior portfolio manager for structured products at ADH Investment Management and Stark Investments from 2007 to 2013 in San Francisco and Milwaukee. Prior to Stark, Mr. Van Gelderen worked in whole loan transaction management at Countrywide Securities Corporation and began his career as a corporate attorney at Thelen, Reid & Priest. Mr. Van Gelderen received his J.D. from Georgetown University Law Center and B.A. in English from Duke University.
Jason Greenblath
Start Date
Tenure
Tenure Rank
Aug 01, 2021
0.83
0.8%
Mr. Greenblath, Vice President and Senior Portfolio Manager, has served on teams managing fixed-income investments since joining American Century Investment Management, Inc. in 2019. Prior to joining American Century, Mr. Greenblath worked at Aberdeen Standard Investments as head of U.S. investment grade credit from 2018 to 2019, head of U.S. investment grade credit research from 2014 to 2018 and as a portfolio manager from 2012 to 2018. He has a bachelor’s degree in finance from Pennsylvania State University
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 33.43 | 6.77 | 1.16 |
