APOIX

About APOIX

The American Century Short Duration Inflation Protection Bond Fund Investor Class is a mutual fund focused on providing investors with a hedge against inflation while maintaining lower interest rate sensitivity. Structured as a short-duration bond fund, its principal objective is to offer total return by predominantly investing in inflation-linked debt securities, primarily U.S. Treasury Inflation-Protected Securities (TIPS). The fund emphasizes investment-grade holdings, but it may also include a modest allocation to high-yield (junk) bonds and fixed-income assets not directly linked to inflation. Its portfolio is actively managed to keep the average duration at five years or less, reducing volatility compared to longer-term inflation-focused bond funds. The fund invests globally and can allocate up to 20% of assets to non-U.S. currency securities, with additional flexibility for U.S. dollar-denominated foreign debt. It plays a significant role in the market for investors seeking to preserve purchasing power during inflationary periods, especially when coupled with rising interest rate environments, and benchmarks its performance against the Bloomberg 1-5 Year U.S. TIPS Index. The fund is managed by American Century Investment Management and has operated since 2005.