ACLDX — NT Diversified Bond Fund
Data updated: 2022-06-07
ACLDX — NT Diversified Bond Fund. Money Market · $4.43B AUM · 0.01% expense ratio · -3.3% 1-yr return. Holdings, fees, performance and SEC filings.
ACLDX Fund Overview
ACLDX — NT Diversified Bond Fund is a US mutual fund managed by American Century Investment Trust, categorised as Money Market. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: American Century Investment Trust
- Category: Money Market
- Assets under management: $4.43B
- 1-year return: -3.3%
- Ticker: ACLDX
- SEC CIK: 0000908406
- SEC series ID: S000011001
- Share class ID: C000030387
ACLDX Investment Objective and Strategy
NT Diversified Bond Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by American Century Investment Trust.
Investment objective
The fund seeks a high level of income by investing in non-money market debt securities.
Principal investment strategy
Under normal market conditions, the fund invests at least 80% of its net assets in high- and medium-grade, non-money market debt securities. These securities, which may be payable in U.S. or foreign currencies, may include corporate bonds and notes, government securities and securities backed by mortgages or other assets. Shorter-term debt securities round out the portfolio. The fund invests most of its assets in investment-grade securities. An investment-grade security is one that has been rated by an independent rating agency in its top four credit quality categories or determined by the advisor to be of comparable credit quality. However, up to 15% of the funds assets may be invested in securities rated in the fifth-highest category by an independent rating agency, or determined to be of comparable quality by the advisor.
The weighted average maturity of the funds portfolio must be three and one-half years or longer. The fund may invest in securities issued or guaranteed by the U.S. Treasury and certain U.S. government agencies or instrumentalities such as the Government National Mortgage Association (Ginnie Mae). Ginnie Mae is supported by the full faith and credit of the U.S. government. Securities issued or guaranteed by other U.S. government agencies or instrumentalities, such as the Federal National Mortgage Association (Fannie Mae), the Federal Home Loan Mortgage Corporation (Freddie Mac), and the Federal Home Loan Bank (FHLB) are not guaranteed by the U.S. Treasury or supported by the full faith and credit of the U.S. government. However, they are authorized to borrow from the U.S. Treasury to meet their obligations.
In addition to the debt securities described above, the fund may also invest in bank loans. The fund also may invest in derivative instruments provided that such investments are in keeping with the funds investment objective. Such derivatives may include options, futures contracts, options on futures contracts, and swap agreements (including, but not limited to, credit default swap agreements). The fund may invest in collateralized debt obligations, including collateralized loan obligations and collateralized mortgage obligations, mortgage- or asset- backed securities, and other similarly structured investments. The fund may use foreign currency exchange contracts to shift investment exposure from one currency into another for hedging purposes. The fund is not permitted to invest in securities issued by companies assigned the Global Industry Classification Standard (GICS) or the Bloomberg Industry Classification Standard (BICS) for the tobacco industry.
To determine whether to buy or sell a security, the portfolio managers consider, among other things, various fund requirements and standards, along with economic conditions, alternative investments and interest rates. The fund may engage in active and frequent trading of portfolio securities to achieve its principal investment strategies. This may cause higher transaction costs and may affect performance. It may also result in the realization and distribution of capital gains.
ACLDX Performance
Total returns for ACLDX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | -3.3% |
| 3 years (annualised) | 1.5% |
ACLDX Risk Information
Risk metrics for ACLDX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 4.1%
ACLDX Costs and Fees
ACLDX costs about $1 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.01%
- Gross expense ratio: 0.35%
- Portfolio turnover: 217%
- Brokerage commissions: 0.61 bps of average net assets (SEC N-CEN)
ACLDX Cashflows
Over the 12 months to 2022-03, NT Diversified Bond Fund had net outflows of $63.84M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2022-03 | $29.64M |
| 2022-02 | −$207.81M |
| 2022-01 | −$8.88M |
| 2021-12 | −$68.78M |
| 2021-11 | −$23.76M |
| 2021-10 | −$65.23M |
ACLDX Debt Constituents
No individual debt constituents are reported in NT Diversified Bond Fund's latest SEC N-PORT filing.
ACLDX Prospectus and SEC Filings
Official NT Diversified Bond Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2021-07-29
- Prospectus (485BPOS) — filed 2020-08-19
- Prospectus supplement (497) — filed 2021-03-31
- Portfolio holdings (N-PORT) — filed 2022-05-25
- Portfolio holdings (N-PORT) — filed 2022-02-22
- Portfolio holdings (N-PORT) — filed 2021-11-23
- Annual census (N-CEN) — filed 2022-06-07
- Annual census (N-CEN) — filed 2021-06-04
Related Funds
Other Money Market funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.