Global Bond

as of 04/17/14
invest now

 
Daily Price (04/17/14) $ 9.82 Daily Change: $+0.00 (+0.00%)  
Investment Objective: Income Ticker Symbol: AGBVX
Fund Type: Taxable Bond Funds Fund Code: 895
Share Class: Investor Inception Date: 01/31/12
Total Assets: $10,460,828.05 Newspaper Symbol: --
Performance

Data reflects past performance for Investor Class shares, assumes reinvestment of dividends and capital gains and is no guarantee of future results. Current performance may be higher or lower than data shown. Investment return and principal value fluctuates. Redemption value may be more or less than original cost. Obtain performance data current to the most recent month end. For additional share class information, consult the prospectus.

  Total Return Average Annual Total Return as of 03/31/2014 Expense
Ratio*
Inception
Date
as of
04/17/2014
YTD
as of
03/31/2014
1 yr
3 yr 5 yr 10 yr 20 yr Life
  +2.40% +0.36% --% --% --% --% +2.74% 0.96% 01/31/12
Morningstar
Ratings
M1:
(as of 03/31/2014)
-- -- ----------
Funds rated in category:--------------
Morningstar Category: --
----------
Lipper Quartiles & Rankings:L1--Quartile Ranking
131/207
----------
Ranking for Global Income Funds as of 03/31/2014, based on total returns.
 

M1For each fund with at least a three-year history, Morningstar calculates a Morningstar Rating™ based on a Morningstar Risk-Adjusted Return measure that account for variation in a fund's monthly performance (including the effects of sales charges, loads, and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars and the bottom 10% receive 1 star. (Each share class is counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) The Overall Morningstar Rating™ for a fund is derived from a weighted average of the performance figures associated with its three-, five- and ten-year (if applicable) Morningstar Rating™ metrics. Past performance is no guarantee of future results. Morningstar Rating™ is for Investor share class only; other classes may have difference performance characteristics.

Yields  as of 03/31/2014
30 Day SEC YieldQ3: 1.36%
7-Day CurrentQ1: --%
7-Day Effective CompoundQ2: --%
Fund Management

John Lovito
John Lovito
Senior Vice President, Senior Portfolio Manager

Simon Chester
Simon Chester
Vice President, Portfolio Manager

Robert V. Gahagan
Robert V. Gahagan
Senior Vice President, Senior Portfolio Manager

G. David MacEwen
G. David MacEwen
Co-Chief Investment Officer
Senior Vice President and Senior Portfolio Manager

Edward Boyle
Edward Boyle
Vice President, Portfolio Manager

Miguel Castillo
Miguel Castillo
Portfolio Manager

Fund Composition
Portfolio Composition

FundamentalsE (02/28/2014)
Duration5 Years
Weighted Average Life8 Years
Average Coupon4.00%
Portfolio Investment BlendG (02/28/2014)
NON-$-DENOMINATED49.40%
CREDIT27.83%
SECURITIZED19.89%
MUNICIPAL1.95%
TREASURY.53%
AGENCY.22%
CASH & CASH EQUIVALENTS.17%
DERIVATIVES.00%
Total:100.00%
Maturity BreakoutK (02/28/2014)
0-1 (Cash and Cash Equivalents)1.70%
1-315.27%
3-522.51%
5-1044.84%
10-202.33%
20-3012.66%
30+.68%
Total:100.00%
Duration BreakoutL (02/28/2014)
0-2 (Cash and Cash Equivalents)25.73%
2-417.72%
4-622.33%
6-819.37%
8-102.93%
10-154.86%
15+7.06%
Total:100.00%
Quality BreakoutR1 (02/28/2014)
AAA33.45%
AA25.32%
A7.09%
BBB18.27%
BB8.78%
B4.04%
CCC1.11%
CC.22%
C & Below1.72%
Non Rated.00%
Total:100.00%
Coupon BreakoutN (02/28/2014)
0-4 (Cash and Cash Equivalents)44.74%
4-527.54%
5-614.85%
6-78.70%
7-83.47%
8-10.70%
10+.00%
Total:100.00%
Distributions
           
      Capital Gains Per Share
Date Reinvestment Price Dividends Per Share Short-Term Long-Term Unrecaptured Section 1250v3
03/11/14 -- -- -- -- --
12/23/13 -- -- -- -- --
12/10/13 $9.62 -- $0.0242 $0.0124 --
09/10/13 $9.48 $0.4152 -- -- --
06/11/13 -- -- -- -- --
Features
MinimumsW1
Investments      
Individual Automatic   Retirement UGMA/UTMA
$2,500.00 $50.00   $2,500.00 $2,500.00
Eligible for:     Online Account Access: Yes
Retirement Investment: Yes   Telephone Transactions: Yes
Check Writing: No   Automated Info Line Transactions: Yes
Direct Deposit: Yes   Wire and ACH Transactions: Yes
Direct Deposit Minimum: $50.00      
Fees and Expenses
  Annual Fund Operating Expenses (expenses that are deducted from fund assets)
  Total Annual Fund Operating Expenses 0.96%

Footnotes

(*) The annual expense ratio is based on expenses incurred by the fund, as stated in the most recent prospectus.

L1Lipper rankings are based on average annual total returns. Portions of the mutual fund performance information contained on this page were supplied by Lipper, a Reuters Company, subject to the following: Copyright © Reuters. All rights reserved. Any copying, republication or redistribution of Lipper content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Lipper. Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. Performance data is preliminary and subject to revision. Rankings are based on all classes available within the classification as of the date shown. Rankings are based only on the universe shown.

Q1The 7-day Current Yield is calculated based on the income generated by an investment in the fund over a seven-day period and is expressed as an annual percentage rate.

Q2The 7-day Effective Yield is calculated similarly, although this figure is slightly higher than the fund's 7-day Current Yield because of the effects of compounding. The 7-day Effective Yield assumes that income earned from the fund's investments is reinvested and generating additional income.

Q330-day SEC Yield represents net investment income earned by a fund over a 30-day period, expressed as an annual percentage rate based on the fund's share price at the end of the 30-day period. The SEC Yield should be regarded as an estimate of the fund's rate of investment income, and it may not equal the fund's actual income distribution rate, the income paid to a shareholder's account, or the income reported in the fund's financial statements.

R1Quality Breakout - Describes the portfolio of the fund in terms of the quality ratings of the securities it holds. Instruments issued by the U.S. Government or one of its agencies are treated as AAA rated. Cash and cash equivalents include payable amounts related to securities purchased but not settled at period end. Credit quality ratings on underlying securities of a fund are obtained from three Nationally Recognized Statistical Rating Organizations (“NRSROs“), Standard & Poor's, Moody's and Fitch. Ratings are converted to the equivalent Standard & Poor's rating category for purposes of presentation. The median rating is used for securities rated by all three NRSROs. The common rating is used when two of the three NRSROs agree. The lower rating is used when only two NRSROs rate a security. A “nonrated“ designation is assigned when a public rating is not available for a security. This designation does not necessarily indicate low credit quality. The letter ratings are provided to indicate the credit worthiness of the underlying bonds in the portfolio and generally range from AAA (highest) to D (lowest). Includes payable amounts related to securities purchased but not settled at period end.

V1Gains on assets held less than 12 months that are taxed as ordinary income

V2Gains for assets held more than 12 months; taxed at 5% or 15% depending on your tax bracket.

V3Unrecaptured Section 1250 gains from certain depreciable real property, taxed at 25%.

W1If your account falls below the minimum balance, you will be notified and given 90 days to meet the minimum. If the deadline is not met, American Century Investments may redeem the shares in the account and send the proceeds to the address of record.

Definitions

(E) All Fundamentals terms and definitions are provided for informational purposes below and are not specific to each fund.

Fundamentals - A method of analyzing the strength of a company based on traditional business factors such as profits and management, among several others.

Median Market Cap - Market capitalization (market cap) is the total value of a company's stock, calculated by multiplying the number of outstanding common shares by the current share price. The company whose market cap is in the middle of the portfolio is the median market cap. Half the companies in the portfolio have values greater than the median, and half have values that are less. If there is an even number of companies, then the median is the average of the two companies in the middle.

Weighted Average Market Cap - The average market capitalization represents the average value of the companies held in a portfolio. When that figure is weighted, the impact of each company's capitalization on the overall average is proportional to the total market value of its shares.

Price/Earnings Ratio - A stock value measurement calculated by dividing a company's stock price by its earnings per share, with the result expressed as a multiple instead of as a percentage. (Earnings per share is calculated by dividing the after-tax earnings of a corporation by its outstanding shares.) When this figure is weighted, the impact of each company's P/E ratio is in proportion to the percentage of the fund that the company represents.

Price/Book Ratio - A stock value measurement calculated by dividing a company's stock price by its book value per share, with the result expressed as a multiple instead of as a percentage. (Book value per share is calculated by subtracting a company's liabilities from its assets, then dividing that value by the number of outstanding shares.

1 Yr. EPS Growth - Measures the percent increase or decrease in the earnings of a company over the prior year.

1 Yr. P/E Forecast - Represents the price/earnings (P/E) ratio calculated on the basis of expected earnings for the coming year.

1 Yr. EPS Forecast - Represents the consensus earnings per share estimate for a security one year in the future.

Positive Earning Surprise - Occurs when a company reports earnings greater than consensus estimates.

Negative Earnings Surprise - Occurs when a company reports earnings lower than consensus estimates.

Number of Equity Issues - The number of equity securities, excluding temporary investments, held by a fund on a given date.

Duration - Duration is a weighted average of all bond durations in a fund's portfolio. Duration measures the price sensitivity of a bond or bond fund to changes in interest rates. Specifically, duration represents the approximate percentage change in the price of a bond or bond fund if interest rates move up or down 100 basis points. The duration presented is different depending on the fund type. Please refer to the table below to determine which duration measurement is presented for each fund type:

Fund Type:

Duration Measurement and Definition

Municipal (tax-free)

Modified Duration:
Approximate percentage change in a bond's price assuming a 100 basis point change in yield and that the bond's expected cash flow does not change when the yield changes.

Taxable

Effective Duration:
Approximate percentage change in a bond's price assuming a 100 basis point change in yield and that the bond's expected cash flow changes when yields change.

Average Coupon - Coupon refers to the rate of interest paid on a bond, usually expressed as a percent of its par value. Since bond funds generally own many different bonds with different coupons, a fund's average coupon is the average of all the individual bonds it holds.

(G) Portfolio Investment Blend - Reflects the blend of securities owned by a fund. For example, the percentage of foreign or domestic stocks held by an equity fund or the percentage of corporate and government securities owned by a bond fund. The US/Foreign Convertibles grouping includes Convertible Bonds, Equity Linked Securities and Convertible Preferred securities.
(K) Maturity Breakout - Describes the portfolio of the fund in terms of the different maturities of the securities it holds.
(L) Duration Breakout - Describes the portfolio of the fund in terms of the different durations of the securities it holds.
(N) Coupon Breakout - Describes the portfolio of the fund in terms of the different coupons of the securities it holds.