American Century Short-Term Government Fund A Class (TWAVX)

Fund Assets	175.02M
Expense Ratio	0.80%
Min. Investment	$2,500
Turnover	210.00%
Dividend (ttm)	0.30
Dividend Yield	3.36%
Dividend Growth	-6.97%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	8.97
YTD Return	0.16%
1-Year Return	0.88%
5-Year Return	4.74%
52-Week Low	8.95
52-Week High	9.21
Beta (5Y)	0.04
Holdings	95
Inception Date	Jul 8, 1998

About TWAVX

American Century Short-Term Government Fund Class A is an actively managed mutual fund focused on generating high current income while maintaining the safety of principal. The portfolio primarily invests in short-duration U.S. government securities, including Treasury notes and agency instruments, aligning its interest-rate exposure with the Bloomberg U.S. 1–3 Year Government Bond Index as a benchmark reference. Its strategy emphasizes limited interest-rate risk through a short average maturity profile and broad exposure to high-quality government-backed debt, complemented at times by mortgage-backed securities subject to prepayment dynamics. The fund’s role in the market is to provide a conservative, liquid fixed income allocation for investors seeking income with lower volatility than intermediate- or long-duration bond funds, reflecting sensitivity to rate moves typical of short-term government strategies. Share class features, including sales charges and distribution arrangements, are designed for access through financial intermediaries, with expenses and availability detailed in the prospectus. Portfolio holdings are dominated by U.S. Treasury notes and cash equivalents, underscoring its high credit quality orientation and capital preservation focus within the short-term government bond category.

• Fund Family: American Century Investments
• Category: Short Government
• Performance Rating: Below Average
• Risk Rating: Below Average
• Stock Exchange: Nasdaq
• Ticker Symbol: TWAVX
• Share Class: A Class
• Index: Bloomberg 1-3 Y Government TR

Performance

TWAVX had a total return of 0.88% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.98%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
TWUOX	R5 Class	0.35%
ASGHX	I Class	0.45%
TWUSX	Investor Class	0.55%
TWARX	R Class	1.05%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.02525	Sep 30, 2026
Aug 31, 2026	$0.02346	Aug 31, 2026
Jul 31, 2026	$0.02693	Jul 31, 2026
Jun 30, 2026	$0.0252	Jun 30, 2026
May 29, 2026	$0.02669	May 29, 2026
Apr 30, 2026	$0.02453	Apr 30, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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