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15 important things you should know about American Century Investments CPTNX mutual fund

Updated: Last Friday
50
Bull Case
  • 3-year return above the benchmark
  • 15-year return above the benchmark
  • No sales load or distribution fees
Bear Case
  • Low net assets
  • 5-year return below the benchmark
  • 10-year return below the benchmark

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

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

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

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

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

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

Fact Sheet

1. Describe American Century Government Income Trust: Government Bond Fund; Investor Class Shares (CPTNX).

The Fund seeks the highest level of current income consistent with the safety provided by U.S. Government debt securities. The Fund's weighted average portfolio maturity will range between 13 months and 10 years.

2. What are CPTNX top holdings?

CPTNX has 0 stock holdings and 242 bond holdings.

The top 9 holdings represent 22.84% of total assets. Here are the top holdings:

Name Symbol % Assets
Government National Mortgage Association 2.5% N/A 3.64%
Federal National Mortgage Association 6.62% N/A 3.57%
Us 10yr Ultra Fut Dec20 Xcbt 20201221 N/A 3.09%
Government National Mortgage Association 2% N/A 2.87%
Fnma Pass-Thru I 3% N/A 2.06%
United States Treasury Notes 0.12% N/A 1.97%
Federal National Mortgage Association 2.5% N/A 1.93%
Federal National Mortgage Association 3% N/A 1.87%
United States Treasury Notes 0.25% N/A 1.84%

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

CPTNX has generated the following returns:

  • 1-month return is -0.40%;
  • 3-month return is -1.23%;
  • 1-year return is 6.47%;
  • 3-year return is 4.20%;
  • 5-year return is 3.19%;
  • 10-year return is 2.58%;
  • 15-year return is 3.87%.

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

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

CPTNX up and down years

5. What is CPTNX dividend yield?

CPTNX yield is 1.8%.

6. What is CPTNX minimum initial investment amount?

CPTNX minimum initial investment amount is $3.00K.

7. What is CPTNX expense ratio?

CPTNX expense ratio is 0.47%. The expense ratio of a fund is the total percentage of fund assets used for administrative, management, and all other expenses.

CPTNX expenses

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

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

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

  • 1-year ax cost ratio is 0.81%;
  • 3-year ax cost ratio is 0.95%.
CPTNX tax costs

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

  • 3-year beta is 0.80;
  • 5-year beta is 0.84;
  • 10-year beta is 0.87.
CPTNX Beta

11. What is CPTNX Sharpe ratio?

  • 3-year Sharpe ratio is 0.90;
  • 5-year Sharpe ratio is 0.66;
  • 10-year Sharpe ratio is 0.73.
CPTNX Sharpe ratio

Analysis

12. What is Finny Score? buy or sell?

Finny Score is 50. Our quantitative analysis shows 3 reasons to buy and 3 reasons to sell it, resulting in the Finny Score of 50.

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

The following are CPTNX strengths from our perspective:

  • <strong>CPTNX 3-year return</strong> is 4.2%, which is in line with the 3-year return of the benchmark index (Bloomberg Barclays US Govt/Mortgage TR USD), 4.54%.
  • <strong>CPTNX 15-year return</strong> is 3.87%, which is in line with the 15-year return of the benchmark index (Bloomberg Barclays US Govt/Mortgage TR USD), 4.18%.
  • Good news: this fund does not have 12b1, front-end or back-end sales fees.

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

The following are CPTNX weaknesses from our perspective:

  • <strong>CPTNX net assets</strong> are $538.20 million. This fund is not a popular choice with retail investors.
  • <strong>CPTNX 5-year return</strong> is 3.19%, which is lower than the 5-year return of the benchmark index (Bloomberg Barclays US Govt/Mortgage TR USD), 3.55%.
  • <strong>CPTNX 10-year return</strong> is 2.58%, which is lower than the 10-year return of the benchmark index (Bloomberg Barclays US Govt/Mortgage TR USD), 2.96%.
In the CPTNX review, we covered CPTNX 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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