American Century Inflation-Protected Bond is one of the oldest strategies in the inflation-protected bond Morningstar Category, but its enhanced flexibility--which allows the addition of corporate credits and securitized bonds as eligible sectors--has introduced additional risk. The strategy earns a Morningstar Analyst Rating of Neutral for most of its shares and Negative for its two most expensive share classes.
Will ACITX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable ACITX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the ACITX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of ACITX’s parent organization’s priorities and whether they’re in line with investors’ interests.