ACCNX

About ACCNX

The American Century Core Plus Fund Investor Class is a mutual fund focused on providing investors with a diversified portfolio of fixed-income securities. Its primary function is to seek enhanced total return and current income by investing at least 65% of its assets in investment-grade, non-money market debt instruments, such as notes and bonds. Up to 35% of the portfolio can be allocated to high-yield, or lower-rated, securities, which introduces additional credit risk but offers the potential for higher income generation. The fund may also include non-dollar denominated debt securities, offering some exposure to international developed and emerging bond markets. With a weighted average maturity requirement of at least 3.5 years and a typical effective duration around 6.5 years, it fits within the intermediate core-plus bond category, balancing credit and interest rate sensitivity. The fund distributes income monthly and is designed as a foundational piece for fixed-income allocations, serving investors seeking a blend of core bond market exposure with added flexibility for modest yield enhancement. It is managed by American Century Investments, with a long-standing record since its inception in 2006, and is benchmarked against the Bloomberg U.S. Aggregate Bond Index to gauge its performance within the broader investment-grade bond universe.