ADFAX

About ADFAX

The American Century Diversified Bond Fund A Class is an open-end mutual fund focused on the U.S. fixed income market. Its primary objective is to pursue capital preservation and total return by investing largely in a diversified portfolio of intermediate-term, investment-grade bonds. The fund allocates at least 80% of its net assets to high- and medium-grade debt securities, typically including U.S. government bonds, corporate bonds, and asset-backed or mortgage-backed securities. By targeting investment-grade issuers, the fund aims to balance income generation with risk management, making it well-suited for investors seeking relative stability and consistent yield within the broader bond market. The fund’s sector exposure encompasses a spectrum of U.S. economic activity, given its inclusion of both government and corporate issuers. It plays a central role in many portfolios as a core bond holding, serving as a tool for diversification, capital protection, and potential income, especially in environments marked by market volatility or uncertain equities performance.