TWUOX

About TWUOX

American Century Short-Term Government Fund R5 Class is an open-end mutual fund focused on high current income while maintaining safety of principal. The strategy primarily targets short-duration U.S. government securities—such as Treasury bills, notes, and obligations of U.S. agencies and instrumentalities—keeping interest rate sensitivity comparatively low through a duration profile centered around one to three years. The fund emphasizes liquidity, credit quality, and conservative risk management, aligning its portfolio with segments of the short government bond market and commonly referencing short-maturity government benchmarks. It distributes income monthly and is positioned within retirement plan share classes for institutional and employer-sponsored plans. By concentrating on high-quality government-backed debt and short maturities, American Century Short-Term Government Fund R5 Class serves as a core capital preservation and income vehicle within fixed income allocations, offering a stable complement to longer-duration bond strategies and a cash-management bridge for investors seeking predictable income and limited price volatility.