American Century® Fixed Income
Built for All Market Environments
You want the potential for attractive risk-adjusted returns, plus income, from the fixed-income investments you choose. You also want to stay current with the latest investment innovations, with the explosion of active ETF offerings just one example. Our diverse line-up of ETFs and mutual funds, spanning across fixed income, allows you to select the investments that match your needs.
Why American Century for Fixed Income?
Executing a Dynamic Process
Our investment professionals have the flexibility to pursue attractive opportunities whenever they arise. They apply consistent, repeatable steps as they seek to generate consistent excess returns over a full market cycle.
Innovating for Results
From introducing one of the first Treasury Inflation Protected Securities (TIPS) funds in the 1990s to being among the first issuers of active ETFs, we continue to stay ahead of your investment needs.
Staying True to Convictions
Our active, research-based approach to investment selection allows us to maintain discipline as economic conditions and risks shift.
Investment Team
CIO
50+
investment professionals
20+
years average industry experience
10+
years average team collaboration
$36+
billion in assets under management
Source: American Century Investments.
All data as of 12/31/2024.
Teams Dedicated by Sector
Rates & Currencies • Government Securities • Corporate Credit • Securitized Credit • Municipals • Emerging Markets • Cash/Cash Equivalents
Investment Philosophy
Our investment professionals are guided by an understanding of how important returns and income are to investors’ financial security, especially during volatile markets. Drawing on fundamental research augmented by quantitative methodologies, they look to exploit inherent inefficiencies in the bond market to capitalize on opportunities while managing risk.
Investment Process
We pursue investment opportunities by following a systematic, repeatable process driven by fundamental research. To enhance our efficiency and ability to spot opportunities and manage risks, our investment team draws on data from our proprietary quantitative models and tools.
Outlook
Macro views on global economic growth, inflation, central bank policies, and interest rates provide context for investment decisions
Asset Allocation
Relative value of potential securities formed using a lens of economic fundamentals and rich/cheap sector analysis
Security Selection
Attractive issues identified by analysts through deep fundamental research, reviewed with portfolio managers and traders to select securities, managing sector exposures and issuer weights
Risk Management
Independent reviews of portfolio holdings to help ensure risk-budget compliance, conducted by a dedicated Risk Management Team, informed by proprietary technology tools
Investment Offerings
U.S. Investment Grade
Income-Focused Solutions | Diversification | Downside Risk Management | Inflation Hedging | Tax-Free Income | |
Minor Role | Major Role | ||||
Minor Role | Major Role | ||||
Major Role | Minor Role | ||||
Minor Role | Major Role | ||||
Minor Role | Major Role | ||||
Minor Role | Major Role | ||||
Minor Role | Major Role | ||||
Minor Role | Major Role | ||||
Minor Role | Major Role | ||||
Major Role |
Multi-Sector Income
Income-Focused Solutions | Diversification | Downside Risk Management | Inflation Hedging | Tax-Free Income | |
Major Role | Minor Role | ||||
Major Role | Minor Role | ||||
Major Role | Minor Role | ||||
Major Role | Minor Role | ||||
Major Role | Minor Role |
Global
Income-Focused Solutions | Diversification | Downside Risk Management | Inflation Hedging | Tax-Free Income | |
Major Role | Minor Role |
Emerging Markets
Income-Focused Solutions | Diversification | Downside Risk Management | Inflation Hedging | Tax-Free Income | |
Major Role | Minor Role |
High Yield
Income-Focused Solutions | Diversification | Downside Risk Management | Inflation Hedging | Tax-Free Income | |
Major Role | |||||
Major Role | |||||
Major Role |
Municipal Securities
Income-Focused Solutions | Diversification | Downside Risk Management | Inflation Hedging | Tax-Free Income | |
Minor Role | Major Role | ||||
Minor Role | Major Role | ||||
Major Role | Major Role | ||||
Minor Role | Major Role | ||||
Minor Role | Major Role | ||||
Major Role | Major Role |
Explore More
An Active Mindset for Fixed Income ETFs
Whether you’re looking for income, diversification, downside risk mitigation or tax-managed solutions, our fixed-income portfolios seek to benefit from strong markets while pursuing reduced drawdowns in declining markets.
Strategy in Focus: Short Duration Strategic Income
Seeking attractive income regardless of the interest rate environment.
Municipal Bonds: Building Blocks for Diversified Portfolios
Helping address challenges many investors face today.
Understanding Treasury Inflation Protected Securities (TIPS)
Diving into how TIPS work, with potential solutions to help cope.
Views & Insights
Exchange Traded Funds (ETFs) are bought and sold through exchange trading at market price (not NAV), and are not individually redeemed from the fund. Shares may trade at a premium or discount to their NAV in the secondary market. Brokerage commissions will reduce returns.
IRS Circular 230 Disclosure: American Century Companies, Inc. and its affiliates do not provide tax advice. Accordingly, any discussion of U.S. tax matters contained herein (including any attachments) is not intended or written to be used, and cannot be used, in connection with the promotion, marketing or recommendation by anyone unaffiliated with American Century Companies, Inc. of any of the matters addressed herein or for the purpose of avoiding U.S. tax-related penalties.
This information is for educational purposes only and is not intended as tax advice. Please consult your tax advisor for more detailed information or for advice regarding your individual situation.
Investment return and principal value of security investments will fluctuate. The value at the time of redemption may be more or less than the original cost. Past performance is no guarantee of future results.
Diversification does not assure a profit nor does it protect against loss of principal.
The information is not intended as a personalized recommendation or fiduciary advice and should not be relied upon for investment, accounting, legal or tax advice.
Mutual Funds: American Century Investment Services, Inc., Distributor.
Exchange Traded Funds (ETFs): Foreside Fund Services, LLC - Distributor, not affiliated with American Century Investment Services, Inc.