APISX

About APISX

American Century Short Duration Inflation Protection Bond Fund R5 is an actively managed mutual fund designed to help preserve purchasing power by focusing on U.S. inflation-linked fixed income. The portfolio invests primarily in Treasury Inflation-Protected Securities and other inflation-linked debt, concentrating on the short end of the maturity spectrum to moderate interest-rate sensitivity while maintaining inflation adjustment characteristics. The strategy seeks to provide a defensive core bond allocation that complements broader fixed income holdings, with return drivers anchored in real yields, CPI-linked principal adjustments, and disciplined duration management. It serves investors looking for targeted exposure to short-term inflation-protected bonds, aiming to balance inflation responsiveness with lower volatility relative to longer-duration TIPS portfolios. The fund is part of American Century’s lineup and is offered in an R5 share class intended for certain retirement and advisory platforms, with a category classification of Short-Term Inflation-Protected Bond and a history dating back to 2005. Key features include diversified holdings across U.S. government inflation-linked securities and a risk profile consistent with high-quality sovereign credit.