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

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

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

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

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

  1. Describe American Century Target Maturities Trust: Zero Coupon 2025 Fund; Investor Class Shares (BTTRX).
  2. What are BTTRX holdings?
  3. What is BTTRX performance? What are BTTRX historical returns?
  4. How many up and down years did BTTRX have historically?
  5. What is BTTRX dividend yield?
  6. What is BTTRX minimum initial investment amount?
  7. What is BTTRX expense ratio?
  8. Does BTTRX have any sales loads or 12b-1 distribution expenses?
  9. What is BTTRX tax efficiency (tax-cost ratio)?
  10. What is BTTRX beta? How would you assess BTTRX risk?
  11. What is BTTRX Sharpe ratio?
  12. What is BTTRX Finny Score? BTTRX buy or sell?
  13. What are the pros of investing in BTTRX? What are BTTRX buy reasons?
  14. What are the cons of investing in BTTRX? What are BTTRX sell reasons?

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

Fact Sheet

1. Describe American Century Target Maturities Trust: Zero Coupon 2025 Fund; Investor Class Shares (BTTRX).

The Fund seeks to invest only in US Treasury Securities primarily zero-coupon bonds, for high investment return targeted to mature in the year 2025.

2. What are BTTRX top holdings?

BTTRX has 0 stock holdings and 15 bond holdings.

The top 4 holdings represent 10.91% of total assets. Here are the top holdings:

Name Symbol % Assets
Resolution Funding Corp 0.01% N/A 4.80%
U.S. Treasury Security Stripped Interest Security 0.01% N/A 3.27%
Federal Home Loan Mortgage Corporation 0.01% N/A 2.14%
Tennessee Valley Authority 0.01% N/A 0.70%

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

BTTRX has generated the following returns:

  • 1-month return is 2.03%;
  • 3-month return is 6.04%;
  • 1-year return is 13.00%;
  • 3-year return is 5.91%;
  • 5-year return is 4.45%;
  • 10-year return is 6.42%;
  • 15-year return is 7.43%.

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

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

5. What is BTTRX dividend yield?

BTTRX yield is 3.62%.

6. What is BTTRX minimum initial investment amount?

BTTRX minimum initial investment amount is $3.00K.

7. What is BTTRX expense ratio?

BTTRX expense ratio is 0.55%. The expense ratio of a fund is the total percentage of fund assets used for administrative, management, and all other expenses.

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

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

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

  • 1-year ax cost ratio is 1.48%;
  • 3-year ax cost ratio is 1.67%.

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

  • 3-year beta is 1.22;
  • 5-year beta is 1.49;
  • 10-year beta is 2.44;
  • 15-year beta is 2.79.

11. What is BTTRX Sharpe ratio?

  • 3-year Sharpe ratio is 0.87;
  • 5-year Sharpe ratio is 0.46;
  • 10-year Sharpe ratio is 0.71.

Analysis

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

BTTRX Finny Score is 10. Our quantitative analysis shows 1 reason to buy BTTRX and 9 reasons to sell it, resulting in the Finny Score of 10.

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

The following are BTTRX strengths from our perspective:

  • Good news: this fund does not have 12b1, front-end or back-end sales fees.

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

The following are BTTRX weaknesses from our perspective:

  • BTTRX net assets are $125.30 million. This fund is not a popular choice with retail investors.
  • BTTRX 3-year return is 5.91%, which is lower than the 3-year return of the benchmark index (ICE BofA 10+ Year US Treasury), 12.91%.
  • BTTRX 5-year return is 4.45%, which is lower than the 5-year return of the benchmark index (ICE BofA 10+ Year US Treasury), 8.36%.
  • BTTRX 10-year return is 6.42%, which is lower than the 10-year return of the benchmark index (ICE BofA 10+ Year US Treasury), 8.16%.
  • BTTRX expense ratio is 0.55%, which is not negligible. Is the fund expensive to you, and does it align to your investment strategy?
  • BTTRX 3-year Beta is 1.22, which is higher than the index (BBgBarc US Agg Bond TR USD) 3-year beta, 1.00. The fund is perceived to be riskier than the comparable index based on the previous 3 years.
  • BTTRX 5-year Beta is 1.49, which is higher than the index (BBgBarc US Agg Bond TR USD) 5-year beta, 1.00. The fund is perceived to be riskier than the comparable index based on the previous 5 years.
  • BTTRX 10-year Beta is 2.44, which is higher than the index (BBgBarc US Agg Bond TR USD) 10-year beta, 1.00. The fund is perceived to be riskier than the comparable index based on the previous 10 years.
  • BTTRX 15-year Beta is 2.79, which is higher than the index (BBgBarc US Agg Bond TR USD) 15-year beta, 1.00. The fund is perceived to be riskier than the comparable index based on the previous 15 years.
In the BTTRX review, we covered BTTRX 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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