14 important things you should know about American Century Investments ASDVX mutual fund

Updated: June 28, 2020
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Before we start: if you’re looking for ASDVX “stock” price, you can quickly find it out by visiting Finny and typing "ASDVX quote". If you’re looking for a quick scoop on ASDVX "stock" (price chart, key stats, buy or sell analysis and holdings), go to Finny and look for "ASDVX". You’ll get all this info in one place.

Are you looking to buy or sell ASDVX? Or perhaps you’re looking for ASDVX fact sheet, and learn about its alternatives? If so, you came to the right place.

In this ASDVX mutual fund review, we’ll address key questions our readers have been asking us about this fund, above and beyond what you can find in its prospectus, and on Morningstar or Yahoo Finance.

Here is what you’ll be able to find in this review:

  • Fact Sheet: ASDVX performance, returns, expense ratio, holdings and dividend yield;
  • Analysis: ASDVX buy or sell; the pros and cons of investing in ASDVX mutual fund;
  • Alternatives: other ETFs and mutual funds you should consider as alternatives to ASDVX.

And here is the list of questions we’ll answer:

  1. Describe American Century Investment Trust: Short Duration Strategic Income Fund; Investor Class Shares (ASDVX).
  2. What are ASDVX holdings?
  3. What is ASDVX performance? What are ASDVX historical returns?
  4. How many up and down years did ASDVX have historically?
  5. What is ASDVX dividend yield?
  6. What is ASDVX minimum initial investment amount?
  7. What is ASDVX expense ratio?
  8. Does ASDVX have any sales loads or 12b-1 distribution expenses?
  9. What is ASDVX tax efficiency (tax-cost ratio)?
  10. What is ASDVX beta? How would you assess ASDVX risk?
  11. What is ASDVX Sharpe ratio?
  12. What is ASDVX Finny Score? ASDVX buy or sell?
  13. What are the pros of investing in ASDVX? What are ASDVX buy reasons?
  14. What are the cons of investing in ASDVX? What are ASDVX sell reasons?

So let’s start. Scroll down to the question that interests you the most.

Fact Sheet

1. Describe American Century Investment Trust: Short Duration Strategic Income Fund; Investor Class Shares (ASDVX).

The Fund seeks income. As a secondary objective, the Fund seeks long-term capital appreciation. The Fund invests in both investment-grade and high-yield, non-money market debt securities. These securities may include corporate bonds and notes, government securities and securities backed by mortgages or other assets.

2. What are ASDVX top holdings?

ASDVX has 0 stock holdings and 238 bond holdings.

The top 10 holdings represent 44.83% of total assets. Here are the top holdings:

Name Symbol % Assets
2 Year Treasury Note Future June 20 ZTM0 10.35%
Bp9u31zz0 Cds Usd R V 00mevent 2i65brsp6 Ice Ccp N/A 10.14%
Bp9u31zz0 Cds Usd P F 5.00000 Markit Cdx Na Hy Ice Ccp N/A 9.55%
United States Treasury Notes 0.5% N/A 4.24%
United States Treasury Notes 1.75% N/A 4.12%
5 Year Treasury Note Future June 20 ZFM0 1.72%
United States Treasury Notes 1.62% N/A 1.70%
AbbVie Inc. 2.3% N/A 1.03%
U.S. Bank National Association 1.8% N/A 1.02%
Bristol-Myers Squibb Company 3.25% N/A 0.96%

3. What is ASDVX performance? What are ASDVX historical returns?

ASDVX has generated the following returns:

  • 1-month return is 1.65%;
  • 3-month return is -1.05%;
  • 1-year return is 2.00%;
  • 3-year return is 2.00%;
  • 5-year return is 2.05%.

4. How many up and down years did ASDVX have historically?

In the last 10 years, ASDVX had 9 up years and 1 down year.

5. What is ASDVX dividend yield?

ASDVX yield is 2.87%.

6. What is ASDVX minimum initial investment amount?

ASDVX minimum initial investment amount is $3.00K.

7. What is ASDVX expense ratio?

ASDVX expense ratio is 0.52%. The expense ratio of a fund is the total percentage of fund assets used for administrative, management, and all other expenses.

8. Does ASDVX have any sales loads or 12b-1 distribution expenses?

ASDVX 12b-1 distribution fee is 0. ASDVX front-end sales load is 0. ASDVX back-end sales load is 0.

9. What is ASDVX tax efficiency (tax-cost ratio)?

  • 1-year ax cost ratio is 1.12%;
  • 3-year ax cost ratio is 1.1%.

10. What is ASDVX beta? How would you assess ASDVX risk?

  • 3-year beta is 0.30;
  • 5-year beta is 0.20.

11. What is ASDVX Sharpe ratio?

  • 3-year Sharpe ratio is -0.19;
  • 5-year Sharpe ratio is 0.19.

Analysis

12. What is ASDVX Finny Score? ASDVX buy or sell?

ASDVX Finny Score is 57. Our quantitative analysis shows 4 reasons to buy ASDVX and 3 reasons to sell it, resulting in the Finny Score of 57.

13. What are the pros of investing in ASDVX? What are ASDVX buy reasons?

The following are ASDVX strengths from our perspective:

  • ASDVX 5-year return is 2.05%, which is higher than the 5-year return of the benchmark index (Bloomberg Barclays US Government/Credit 1-3 Yr TR USD), 2.03%.
  • Good news: this fund does not have 12b1, front-end or back-end sales fees.
  • ASDVX 3-year Beta is 0.3, which is inversely correlated with the index (BBgBarc US Agg Bond TR USD). The could be good if you're trying to hedge your portfolio.
  • ASDVX 5-year Beta is 0.2, which is inversely correlated with the index (BBgBarc US Agg Bond TR USD). The could be good if you're trying to hedge your portfolio.

14. What are the cons of investing in ASDVX? What are ASDVX negatives?

The following are ASDVX weaknesses from our perspective:

  • ASDVX net assets are $96.00 million. This fund is not a popular choice with retail investors.
  • ASDVX 3-year return is 2%, which is lower than the 3-year return of the benchmark index (Bloomberg Barclays US Government/Credit 1-3 Yr TR USD), 2.79%.
  • ASDVX expense ratio is 0.52%, which is not negligible. Is the fund expensive to you, and does it align to your investment strategy?
In the ASDVX review, we covered ASDVX key stats (return, performance, yield, expense ratio, and holdings), buy and sell analysis, and alternative investments. If this review was helpful to you, feel free to check out other mutual fund and ETF reviews.
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