APOAX

About APOAX

American Century Short Duration Inflation Protection Bond Fund A is an actively managed mutual fund focused on preserving purchasing power and mitigating interest-rate risk through **short-duration, inflation-linked fixed income** exposure. The fund normally invests at least **80% of net assets in inflation-linked debt securities**, primarily **Treasury Inflation-Protected Securities (TIPS)**, while emphasizing investment-grade quality and a limited interest-rate sensitivity profile. Its strategy targets the **1–5 year segment** of the inflation-protected market to align with shorter duration objectives and reduce volatility from rate moves. Managed by American Century Investments, the approach is **multi-sector and short-duration**, designed specifically to **hedge U.S. inflation and rising rates** while maintaining liquidity and diversification across inflation-linked instruments. Within the short-term inflation-protected bond category, the fund serves investors seeking **explicit CPI-linked adjustments** to principal and coupons, offering a structural mechanism for inflation hedging distinct from nominal bonds. The A share class provides advisor-sold access with standard mutual fund features, including published NAV and total return reporting and prospectus-defined fees and sales charges. This positioning makes it a specialized tool for fixed income allocations requiring targeted inflation protection.