TWUSX

About TWUSX

American Century Short-Term Government Fund Investor Class is an open-end mutual fund focused on high current income with an emphasis on preserving capital. The portfolio primarily invests in short-term U.S. government securities, including Treasury and agency bonds, and can allocate to investment-grade corporate debt as well as mortgage- and asset-backed securities within strict quality parameters. The strategy typically maintains durations in the one- to three-year range aligned with the Bloomberg U.S. 1–3 Year Government Bond Index, seeking to reduce interest-rate sensitivity relative to intermediate- and long-duration fixed income. The fund distributes income monthly and targets a stable net asset value profile consistent with short government peers. Notable structural features include a long operating history since 1982, Investor Class minimums tailored to both retirement and non-retirement accounts, and an expense ratio that reflects active management of security selection and sector allocation within government-focused fixed income. By concentrating on high-quality, short-maturity bonds, the fund serves as a core cash-management and capital-preservation tool for investors seeking government-backed exposure with measured yield potential in the short end of the curve.