ACSKX

About ACSKX

American Century Short Duration Fund is an actively managed mutual fund focused on **investment‑grade, short‑term fixed income**. Its primary objective is **current income** with an emphasis on limiting price volatility, particularly during periods of rising interest rates. The portfolio centers on high-quality bonds—such as U.S. Treasuries, agency securities, and corporate debentures—with a typical maturity profile of **one to three years**, aligning closely with the characteristics of the Bloomberg U.S. 1–3 Year Government/Credit Bond cohort used as a benchmark reference across the strategy family. The fund maintains at least a majority exposure to investment‑grade, non–money market securities and employs disciplined risk management to balance **interest rate risk** and **credit risk** inherent to short-duration bond investing. Positioned within the short-term bond category, it serves as a **defensive core fixed income** holding, aiming to provide steady income and diversification benefits relative to equity markets while mitigating duration-driven drawdowns compared with intermediate- and long-duration bond funds.