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Investment Type: access

American Century Diversified Bond I Fund (ACBPX)







Quick Facts


ACBPX
04/01/1993
Intermediate Core Bond
$6,167.49

Investment Strategy

   What's this?
The investment seeks a high level of income by investing in non-money market debt securities. Under normal market conditions, the fund invests at least 80% of its net assets in high- and medium-grade, non-money market debt securities. It invests most of its assets in investment-grade securities. The weighted average maturity of the fund's portfolio must be three and one-half years or longer.




Morningstar Style Box™

  as of 12/31/2023
   What's this?
Investment Style
Stylebox Market Capitalization

Overall Morningstar Star Rating™

  as of 03/31/2024
   What's this?

Out of 426 Intermediate Core Bond Funds

StarRating

Morningstar's Star Ratings reflect risk adjusted performance and are derived from a weighted average of the performance figures associated with its three, five, and ten-year (if applicable) time periods.


Total Returns



Investment results shown represent historical performance and do not guarantee future results. Investment returns and principal values fluctuate with changes in interest rates and other market conditions so the value, when redeemed, may be worth more or less than original costs. Current performance may be lower or higher than the performance data shown.

In situations where the net and gross total investment expense figures are different, the mutual fund or the underlying fund in which a Separate Account invests has waived/capped a portion of its management fees through the date displayed in the waiver expiration date or contractual cap expiration date column. Differences may also be shown due to the fund family choosing to pay certain expenses that would normally be payable by the fund. Returns displayed are based on net total investment expense.



Month-End | Quarter-End
Average Annual Total Returns as of 03/31/2024
1 Month3 MonthYTD1 Year3 Year5 Year10 YearSince     
Inception*
Total Return % 0.92 -0.75 -0.75 1.33 -2.59 0.46 1.47 4.30
Bloomberg US Aggregate Bond Index % 0.92 -0.78 -0.78 1.70 -2.46 0.36 1.54 ---
Intermediate Core Bond Category % 0.87 -0.51 -0.51 2.01 -2.45 0.36 1.43 ---
Morningstar Percentile Rankings** --- --- --- 83 62 38 47 ---
# of Funds in Category 486 484 484 470 426 385 275 ---
04/01/1993
**Morningstar percentile rankings are based on total returns.


Expenses

  as of 03/31/2024
Total Investment Expense - Gross: 0.40%
Total Investment Expense - Net: 0.40%
Total Investment Expense Gross Per $1,000 Invested: $4.00




Inv Manager or Sub-Advisor

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American Century Inv. Mgmt.



Portfolio Managers

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Jeffrey L. Houston , CFA
Since 12/03/2001
M.P.A. , Syracuse University

Robert V. Gahagan
Since 12/31/2002
B.A. , University of Missouri, Kansas City

Charles Tan
Since 10/31/2018
MSBA , Bucknell University

Jason Greenblath
Since 08/01/2021
B.S. , Pennsylvania State University

Paul Norris
Since 11/10/2023







Morningstar
© 2024 Morningstar, Inc. All Rights Reserved. Part of the mutual fund data contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.

Returns shown for periods of less than one year are not annualized.

Insurance products and plan administrative services, if applicable, are provided by Principal Life Insurance Company. Securities are offered through Principal Securities, Inc., 800-547-7754, member SIPC and/or independent broker/dealers. Securities sold by a Principal Securities Registered Representative are offered through Principal Securities. Principal Securities and Principal Life are members of the Principal Financial Group®, Des Moines, IA 50392. Certain investment options may not be available in all states or U.S. commonwealths.

Investors should carefully consider a mutual fund's investment objectives, risks, charges, and expenses prior to investing. A prospectus, or summary prospectus if available, containing this and other information can be obtained by contacting a financial professional, visiting principal.com, or calling 1-800-547-7754. Read the prospectus carefully before investing.

Not FDIC Insured
May Lose Value - Not a Deposit - No Bank Guarantee
Not Insured by any Federal Government Agency

Fees and expenses are only one of several factors that participants and beneficiaries should consider when making investment decisions.  The cumulative effect of fees and expenses can substantially reduce the growth of a participant's or beneficiary's retirement account.  Participants and beneficiaries can visit the Employee Benefit Security Administration's website for an example demonstrating the long-term effect of fees and expenses.

The Bloomberg US Aggregate Bond Index measures the performance of investment grade, U.S. dollar-denominated, fixed-rate taxable bond market, including Treasuries, government-related and corporate securities, MBS (agency fixed-rate and hybrid ARM passthroughs), ABS, and CMBS. It rolls up into other Bloomberg flagship indices, such as the multi-currency Global Aggregate Index and the U.S. Universal Index, which includes high yield and emerging markets debt.

Fixed-income and asset allocation investment options that invest in mortgage securities are subject to increased risk due to real estate exposure.

Fixed-income investment options are subject to interest rate risk, and their value will decline as interest rates rise. Neither the principal of bond investment options nor their yields are guaranteed by the U.S. government.