About ABTIX
The American Century Government Bond Fund R5 Class is an open-end mutual fund specializing in intermediate-term U.S. government debt securities. Its principal objective is to provide investors with a high level of current income while emphasizing safety, achieved by investing at least 80% of its assets in securities backed by the U.S. government or related agencies. The fund maintains a weighted average portfolio maturity ranging from 13 months to 10 years, which positions it to balance income generation with moderate interest rate sensitivity.
This fund chiefly holds U.S. Treasury notes, government agency bonds such as those issued by Fannie Mae, Freddie Mac, and Ginnie Mae, and mortgage-backed securities, resulting in very high credit quality—typically with over 90% of holdings rated AAA. Cash and equivalents also make up a small portion of the portfolio. The fund distributes income monthly, reflecting its focus on regular cash flow, and is managed with an eye toward minimizing default risk and providing stability to investors seeking predictable returns.
As a part of the intermediate government bond category, the American Century Government Bond Fund R5 Class is commonly used by institutional investors seeking to anchor their portfolios with low credit risk core fixed-income exposure, while managing interest rate and prepayment risks inherent to government and mortgage-backed securities.
Fund Family American Century Investments
Category Intermediate Government
Performance Rating Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol ABTIX
Share Class R5 Class
Index Bloomberg U.S. Government Mortgage TR
ABTIX had a total return of 8.80% in the past year, including dividends. Since the fund's
inception, the average annual return has been 5.04%.
