About ADFAX
The American Century Diversified Bond Fund A Class is an open-end mutual fund focused on the U.S. fixed income market. Its primary objective is to pursue capital preservation and total return by investing largely in a diversified portfolio of intermediate-term, investment-grade bonds. The fund allocates at least 80% of its net assets to high- and medium-grade debt securities, typically including U.S. government bonds, corporate bonds, and asset-backed or mortgage-backed securities. By targeting investment-grade issuers, the fund aims to balance income generation with risk management, making it well-suited for investors seeking relative stability and consistent yield within the broader bond market. The fund’s sector exposure encompasses a spectrum of U.S. economic activity, given its inclusion of both government and corporate issuers. It plays a central role in many portfolios as a core bond holding, serving as a tool for diversification, capital protection, and potential income, especially in environments marked by market volatility or uncertain equities performance.
Fund Family American Century Investments
Category Intermediate Core Bond
Performance Rating Below Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol ADFAX
Share Class A Class
Index Bloomberg U.S. Aggregate Bond TR
ADFAX had a total return of 7.81% in the past year, including dividends. Since the fund's
inception, the average annual return has been 7.51%.