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Short Duration Inflation Protection Bond Fund

How to Buy

YTD Total Return

As of 10/09/2024

4.14%

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As of 10/09/2024

$10.42

Nav Change (-$0.01)

-0.10%

How To Buy

Individual Investors: Open a new account or use an existing account registration

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Financial Advisors: Contact your wholesaler at 1-800-345-6488 for more information

Investments in fixed income securities are subject to the risks associated with debt securities including credit, price and interest rate risk.

In certain interest rate environments, such as when real interest rates are rising faster than nominal interest rates, inflation-protected securities with similar durations may experience greater losses than other fixed income securities. Interest payments on inflation-protected debt securities will fluctuate as the principal and/or interest is adjusted for inflation and can be unpredictable.

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.

* Treasury inflation-protected securities (TIPS)

TIPS are a special type of U.S. Treasury security designed to address a fundamental, long-standing fixed-income market issue: that the fixed interest payments and principal values at maturity of most fixed-income securities don't adjust for inflation. TIPS interest payments and principal values do. The adjustments include upward or downward changes to both principal and coupon interest based on inflation. TIPS are inflation-indexed; that is, tied to the U.S. government's Consumer Price Index (CPI). At maturity, TIPS are guaranteed by the U.S. government to return at least their initial $1,000 principal value, or that principal value adjusted for inflation, whichever amount is greater. In addition, as their principal values are adjusted for inflation, their interest payments also adjust.

1 Securitized issues

Securitized issues consist of contractual debt obligations such as residential mortgages, auto loans or credit card debt (among others). Cash flows from these debt obligations are packaged as securities and sold to investors.

2 Inflation-linked swap

A derivative where an income stream that is tied to the rate of inflation is exchanged for an income stream with a fixed interest rate.

A Bloomberg U.S. 1-5 Year Treasury Inflation Protected Securities (TIPS) Index

Consists of inflation-protected securities issued by the U.S. Treasury with maturities between one and five years.

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Source: Bloomberg Index Services Ltd