YTD Total Return As of 02/12/2026 | 2.33% |
Nav As of 02/12/2026 | $9.65 |
Nav Change ($0.02) | 0.21% |
Provides broad emerging markets debt exposure seeking long-term total return by combining fundamental credit research and macroeconomic analysis.
Key Facts
Investment Objective | Seeks total return |
Inception Date | 07/29/2014 |
Morningstar Category | Emerging Markets Bond |
Benchmark | JPMorgan EMBI Global DiversifiedA |
Total Assets | $486,466,681 As of 01/31/2026 |
Total Holdings | 389 As of 12/31/2025 |
Distribution Frequency | Quarterly |
Morningstar Overall Rating Based on risk-adjusted return | Out of 220 funds. Emerging Markets Bond category As of 01/31/2026 |
Fees
| Gross Expense Ratio | 0.98% |
| Net Expense Ratio | 0.90% |
Trading Information
| Ticker | AEDVX |
| CUSIP | 025082835 |
Morningstar ratings vary among share classes and are based on historical risk-adjusted total returns.
Fixed-Income Capabilities
Learn more about our full lineup of bond funds that pursue conviction-driven outperformance.
Fees
| Gross Expense Ratio | 0.98% |
| Net Expense Ratio | 0.90% |
Trading Information
| Ticker | AEDVX |
| CUSIP | 025082835 |
Data reflects past performance, 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. Returns less than one year are not annualized. Index performance does not represent the fund's performance. It is not possible to invest directly in an index.
Average annual total returns illustrate the annual compounded returns that would have produced the cumulative total return if the fund's performance had remained constant throughout the period indicated. Returns for periods less than one year are not annualized. For periods prior to the inception of a class, performance is for the oldest class, restated with applicable fees, if any.
Data reflects past performance, 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. Returns less than one year are not annualized. Index performance does not represent the fund's performance. It is not possible to invest directly in an index.
30-Day SEC Subsidized Yield
5.47%
As of 01/30/2026
30-Day SEC UnSubsidized Yield
5.39%
As of 01/30/2026
YIELD TO WORST
7.33%
As of 01/31/2026
YIELD TO MATURITY
7.34%
As of 01/31/2026
30-Day SEC Yield (Subsidized/Unsubsidized): 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. Subsidized yield reflects fee waivers and/or expense reimbursements during the period. Without waivers and/or reimbursements, yields would be reduced. Unsubsidized yield does not adjust for any fee waivers and/or expense reimbursements in effect.
Yield to Worst: Lowest yield possible for a security given the current price, taking into account both call dates and maturity.
Yield to Maturity: The internal rate of return of the security based on the given market price—it is the single discount rate that equates a security price (inclusive of accrued interest) with its projected cashflows.
Past performance is no guarantee of future results. Investment returns will fluctuate and it is possible to lose money.
FREQUENCY
Quarterly
| Total Paid | Ordinary Dividends | Reinvest Price | |
|---|---|---|---|
| 12/16/2025 | $0.1241 | $0.1241 | $9.39 |
| 09/23/2025 | $0.2103 | $0.2103 | $9.33 |
| 06/24/2025 | $0.1406 | $0.1406 | $9.03 |
| 03/25/2025 | $0.0354 | $0.0354 | $8.90 |
As of June 1, 2025, the fund’s benchmark was changed to the J.P. Morgan Emerging Market Bond Index Global Diversified. Previously, its benchmark was 50% J.P. Morgan Emerging Market Bond Index Global Diversified (EMBI Global Diversified) and 50% J.P. Morgan GBI-EM Global Diversified 10% Cap 1% Floor (GBI-EM Global 10/1).
| Overall | Out of 220 funds. Emerging Markets Bond category |
| 3 Year | Out of 220 funds |
| 5 Year | Out of 208 funds |
| 10 Year | Out of 139 funds |
Morningstar ratings vary among share classes and are based on historical risk-adjusted total returns.
| Risk Measures | |
|---|---|
| Alpha | -2.08 |
| Beta | 1.01 |
| R-Squared | 0.90 |
| Standard Deviation | 6.87 |
| Sharpe Ratio | 0.52 |
Relative to the JPMorgan EMBI Global Diversified
Past performance is no guarantee of future results. Investment returns will fluctuate and it is possible to lose money.
As of 01/31/2026
| EM Sovereign | 74% |
| EM Quasi-Sovereign | 14% |
| Cash & Cash Equivalents | 8% |
| US Government | 2% |
| EM Corporate | 1% |
Due to rounding, these values may exceed 100%.
Negative weights may be due to open security or capital stock
trades at period end and/or unrealized loss on derivative positions as a percent of net assets at period end.
As of 01/31/2026
| US 2YR NOTE (CBT) Mar26 | 11.47% |
| Gaci First Investment Co 5.25 01/29/2030 | 2.40% |
| Chile Government International Bond 4.34 03/07/2042 | 2.26% |
| Nigeria Government International Bond 7.38 09/28/2033 | 2.23% |
| Argentine Republic Government International Bond 4.13 07/09/2035 | 2.22% |
| Colombia Government International Bond 7.75 11/07/2036 | 2.21% |
| Romanian Government International Bond 6.00 05/25/2034 | 2.11% |
| Turkiye Government Bond 30.00 09/12/2029 | 1.92% |
| Egypt Government International Bond 8.50 01/31/2047 | 1.84% |
| US ULTRA BOND CBT Mar26 | 1.78% |
| % of Top Portfolio Holdings | 30.44% |
Due to rounding, these values may exceed 100%.
Negative weights may be due to open security or capital
stock trades at period end and/or unrealized loss on derivative positions as a percent of net assets at period
end.
As of 01/31/2026
| U.S. Government | 1.86% |
| AA | 1.76% |
| A | 10.37% |
| BBB | 26.26% |
| BB | 23.56% |
| B | 11.64% |
| CCC | 9.23% |
| CC | 0.30% |
| C | 0.68% |
| D | 0.40% |
| Non Rated | 5.52% |
| Cash and Cash Equivalents | 8.42% |
Due to rounding, these values may exceed 100%
Negative weights may be due to open security or capital stock trades at period end and/or unrealized loss on derivative positions as a percent of net assets at period end.
As of 01/31/2026
| [N/A] Years | 1.73% |
| 0 - 1 Years | 16.29% |
| 1 - 3 Years | -4.62% |
| 3 - 5 Years | 17.92% |
| 5 - 10 Years | 37.13% |
| 10 - 20 Years | 17.64% |
| 20 - 30 Years | 12.50% |
| 30+ Years | 1.41% |
Due to rounding, these values may exceed 100%
Negative weights may be due to open security or capital stock trades at period end and/or unrealized loss on derivative positions as a percent of net assets at period end.
9.66 Years Weighted Average Life to Maturity
As of 01/31/2026
As of 01/31/2026
| 0 - 2.5% | 11.43% |
| 3 - 3.5% | 1.51% |
| 3.5 - 4% | 1.77% |
| 4 - 4.5% | 6.06% |
| 4.5 - 5% | 4.79% |
| 5 - 5.5% | 14.52% |
| 5.5 - 6% | 8.68% |
| 6 - 6.5% | 6.65% |
| 6.5 - 7% | 13.42% |
| 7 - 7.5% | 7.93% |
| 7.5 - 8% | 8.37% |
| 8 - 8.5% | 3.85% |
| 8.5 - 9% | 5.92% |
| 9 - 9.5% | 1.18% |
| 9.5 - 10% | 0.71% |
| 10+% | 3.19% |
Due to rounding, these values may exceed 100%
Negative weights may be due to open security or capital stock trades at period end and/or unrealized loss on derivative positions as a percent of net assets at period end.
6.39% Average Coupon
As of 01/31/2026
| [N/A] Years | 0.66% |
| 0 - 2 Years | 7.46% |
| 2 - 4 Years | 20.01% |
| 4 - 6 Years | 22.76% |
| 6 - 8 Years | 27.80% |
| 8 - 10 Years | 6.14% |
| 10 - 15 Years | 15.12% |
| 15+ Years | 0.04% |
Due to rounding, these values may exceed 100%
Negative weights may be due to open security or capital stock trades at period end and/or unrealized loss on derivative positions as a percent of net assets at period end.
6.71 Years Average Effective Duration
How to Buy
Individual investors: Open a new account or use an existing account registration.
Open New Account Log In NowFinancial Advisors: Contact your wholesaler at 1-800-345-6488 for more information.
Returns or yields for the fund would have been lower if .08% of the fund's management fee had not been waived. The advisor expects this waiver to continue until July 31, 2026, and cannot terminate it prior to such date without the approval of the Board of Trustees. Review the annual or semiannual report for the most current information.
The advisor has agreed to waive the G Class's management fee in its entirety. The advisor expects this fee waiver to remain in effect permanently and cannot terminate it without the approval of the Board of Trustees.
International investing involves special risks, such as political instability and currency fluctuations. Investing in emerging markets may accentuate these risks.
The lower rated securities in which the fund invests are subject to greater credit risk, default risk and liquidity risk.
Generally, as interest rates rise, the value of the bonds held in the fund will decline. The opposite is true when interest rates decline.
Please see the prospectus for details about sales charges.
The gross expense ratio is the fund's total annual operating costs, expressed as a percentage of the fund's average net assets for a given time period. It is gross of any fee waivers or expense reimbursement. The net expense ratio is the expense ratio after the application of any waivers or reimbursement. This is the actual ratio that investors paid during the fund's most recent fiscal year. Please see the prospectus for more information.
Investor Class Shares: Minimum initial investment is $1,000 for IRA and CESA accounts, and $2,500 for non-retirement accounts, but these minimums are waived with an initial investment of at least $500 per account and automatic investments of at least $100 per month. Non-Retirement Accounts: If your account balance falls below the minimum, or if you cancel your automatic monthly investment plan prior to reaching the minimum, American Century Investments may redeem the account and send the proceeds to you. Prior to doing so, we will notify you and give you 90 days to meet the minimum or reinstate your automatic monthly investment plan.
The J.P. Morgan Emerging Markets Bond Index Global Diversified tracks total returns for U.S. dollar-denominated debt instruments issued by emerging market sovereign and quasi-sovereign entities that meet specific liquidity and structural requirements.
Information has been obtained from sources believed to be reliable but J.P. Morgan does not warrant its completeness or accuracy. The Index may not be copied, used or distributed without J.P. Morgan's prior written approval. ©2026, J.P. Morgan Chase & Co. All rights reserved.
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