About ACBPX
American Century Diversified Bond Fund I Class is an institutional mutual fund specializing in intermediate core bond strategies. Managed by American Century Investments since 1993, its primary objective is to deliver a high level of income by investing primarily in high- and medium-grade debt securities, such as U.S. Treasury, government, corporate, and mortgage-backed bonds. The fund maintains at least 80% of its portfolio in non-money market debt instruments, aligning its holdings with the Bloomberg U.S. Aggregate Bond Index as its benchmark. It diversifies across more than 500 securities, emphasizing risk management via macroeconomic analysis, sector rotation, and careful bond selection. The fund distributes income monthly, with recent yields around 4.3%–4.7%, and features a relatively low expense ratio for its category. Known for its significant market size, disciplined investment process, and consistent presence in the fixed-income sector, American Century Diversified Bond Fund I Class plays a notable role for institutions seeking broad exposure to U.S. investment-grade bonds and regular income generation from a professionally managed portfolio.
Fund Family American Century Investments
Category Intermediate Core Bond
Performance Rating Average
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol ACBPX
Share Class I Class
Index Bloomberg U.S. Aggregate Bond TR
ACBPX had a total return of -1.76% in the past year, including dividends. Since the fund's
inception, the average annual return has been 2.40%.
