About AEDWX
American Century Emerging Markets Debt Fund R is an actively managed mutual fund focused on fixed income securities from emerging economies. Its primary goal is to provide broad emerging-markets exposure through investments in U.S. dollar–denominated debt issued by sovereigns, quasi-sovereigns, and corporations, spanning both investment-grade and below-investment-grade credit tiers. The strategy blends top-down country allocation with bottom-up security selection to capture risk-adjusted income and total return across diverse regions and issuers. The portfolio holds a wide set of bonds, reflecting a diversified approach across countries, maturities, and credit qualities. Benchmark context is framed by the J.P. Morgan Emerging Markets Bond Index Global Diversified, a widely followed gauge of hard-currency emerging-market debt. The fund’s R share class is designed for employer-sponsored retirement plans, aligning features and availability with workplace savings platforms. Key considerations disclosed by the manager include sensitivities to interest-rate moves, currency dynamics, political and liquidity risks typical of emerging markets, and elevated credit risk in lower-rated securities. Morningstar notes fees as a relative drawback for this strategy versus peers, underscoring cost as a factor in investor evaluation.
Fund Family American Century Investments
Category Emerging Markets Bond
Performance Rating Below Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol AEDWX
Share Class R Class
Index JP Morgan EMBI Global Diversified TR
AEDWX had a total return of 9.21% in the past year, including dividends.
Since the fund's inception, the average annual return has been 3.36%.
