ASDVX

About ASDVX

American Century Short Duration Strategic Income Fund Investor Class is an actively managed short-term bond mutual fund designed to provide current income with modest interest rate sensitivity. The portfolio invests across investment-grade and high-yield debt, including corporate bonds, U.S. government and agency securities, and securitized assets such as collateralized mortgage and loan obligations; it may also hold preferreds and convertibles where consistent with its mandate. Positioned in the Short-Term Bond category, the strategy targets a limited effective duration—around two years—to help temper price volatility relative to intermediate- or long-duration fixed income. The fund distributes income monthly and maintains broad diversification across hundreds of holdings, with notable use of Treasury futures and high-quality government notes to manage duration and liquidity. Launched in 2014 and open to investors, it features an expense ratio typical for its share class and minimums geared to both retirement and taxable accounts. The fund’s role in portfolios is as a core short-duration fixed income allocation aiming to enhance income over cash while balancing credit and interest rate risks.