About ADRVX
American Century Diversified Bond Fund R5 Class is a mutual fund that primarily invests in a broad assortment of U.S. investment-grade fixed-income securities. Its main objective is to deliver a high level of income while managing risk by diversifying across different types of bonds, including government, corporate, mortgage-backed, and asset-backed securities. The fund tracks the Bloomberg U.S. Aggregate Bond Index as a benchmark, encompassing the core sectors of the bond market and focusing on securities that are taxable, U.S. dollar-denominated, and registered with regulatory authorities. Designed specifically for employer-sponsored retirement plans, the R5 share class provides institutional investors with access to professionally managed, diversified bond exposure. This fund plays a key role in balanced portfolios by helping to generate stable income, reduce overall volatility, and offer potential capital preservation amid changing market conditions. Its strategy makes it especially suitable for investors seeking a foundational fixed-income allocation within workplace retirement plans.
Fund Family American Century Investments
Category Intermediate Core Bond
Performance Rating Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol ADRVX
Share Class R5 Class
Index Bloomberg U.S. Aggregate Bond TR
ADRVX had a total return of 4.74% in the past year, including dividends.
Since the fund's inception, the average annual return has been 1.56%.
