American Century Zero Coupon 2020 Fund Advisor Class (ACTEX) Research

This fund's primary objective is to achieve the highest possible return, aligning with an investment strategy focused on U.S. Treasury instruments. A significant portion, specifically a minimum of 80% of its net asset value, is dedicated to zero-coupon debt securities. Its core holdings largely consist of zero-coupon U.S. Treasury bonds and comparable assets, which include certain zero-coupon obligations issued by U.S. government agencies. The fund also has the flexibility to allocate up to one-fifth (20%) of its portfolio to other AAA-rated zero-coupon securities from U.S. government agencies. It's important to note that these zero-coupon instruments do not provide regular interest or principal payouts during their term. Structured to mature in 2020, the fund is scheduled for liquidation around the close of that target year.

Market snapshot

Symbol
ACTEX
Price
$102.44
Day change
0.00%
Market cap
$114.1M
P/E ratio
90.65x
52-week range
101.85-102.67
Sector
Financial Services
Industry
Asset Management

Peer companies

  • American Beacon Mid-Cap Value Fund Investor Class (AMPAX)
  • BlackRock Total Emerging Markets Fund Investor A (BEEAX)
  • BMO Low Volatility Equity Fund Class A (BLVAX)
  • American Century Zero Coupon 2020 Fund Investor Class (BTTTX)
  • BNY Mellon Structured Midcap Fund Class C (DPSCX)
  • BNY Mellon Structured MidCap Fund Class Y (DPSYX)
  • Hotchkis & Wiley Diversified Value Fund Class C (HWCCX)
  • Western Asset Municipal Partners Fund Inc. (MNP)

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