American Century Inflation Adjusted Bond Investor Fund ( ACITX ) a Zacks Rank #1 (Strong Buy) was incepted in February 1997 and is managed by American Century Investment Management. The objective of ACITX is to seek total return and inflation rotation consistent with investment in inflation-indexed securities. ACITX invests at least 80% of its assets in inflation-adjusted debt securities. ACITX offers dividends monthly. The fund distributes capital gains, if any, in December.
American Century Inflation Adjusted Bond Investor Fund, managed by American Century , carries an expense ratio of 0.47%. Moreover, ACITX requires a minimal initial investment of $2,500.
ACITX has a history of positive total returns for over 10 years. Specifically, the fund's returns over the 1, 3, 5 year benchmarks; 1 year 5.20%, 3 year 1.90% and 5 year 1.70%. To see how this fund performed compared in its category and other #1 and #2 Ranked Mutual Funds, please click here .
ACITX's performance, as of the last filing, when compared to funds in its category was in the top 16% in 1 year, top 49% over the past 3 years, and in the 46% over the past 5 years.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
