ADRVX — Diversified Bond Fund, R5 Class
Data updated: 2026-08-28
ADRVX — Diversified Bond Fund, R5 Class. 0.40% expense ratio · no sales load · since 2017. Holdings, fees, performance and SEC filings.
ADRVX Fund Overview
ADRVX — Diversified Bond Fund, R5 Class is a US mutual fund managed by American Century Investment Trust, categorised as Long Total / Aggregate Bond. 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: Long Total / Aggregate Bond
- Assets under management: $3.99B
- 1-year return: 3.9%
- Ticker: ADRVX
- SEC CIK: 0000908406
- SEC series ID: S000006579
- Share class ID: C000189686
ADRVX Investment Objective and Strategy
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 debt 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. 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.
ADRVX Holdings
Top 10 holdings of Diversified Bond Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| U.s. Treasury | 2.42% |
| U.s. Treasury | 2.21% |
| Fannie Mae Pool | 2.19% |
| Federal National Mortgage Association | 2.00% |
| U.s. Treasury | 1.97% |
| U.s. Treasury | 1.53% |
| U.s. Treasury | 1.41% |
| U.s. Treasury | 1.38% |
| U.s. Treasury | 1.27% |
| U.s. Treasury | 1.18% |
ADRVX Portfolio Allocation
Asset-class allocation of Diversified Bond Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 49.2% |
| Securitized | 46.9% |
| Equity | 4.4% |
| Cash & Equivalents | 2.1% |
| Loans | 0.4% |
| Real Estate | 0.2% |
ADRVX Performance
Total returns for ADRVX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 0.73% |
| 1 year | 3.94% |
| 3 years (annualised) | 4.34% |
| 5 years (annualised) | 0.06% |
ADRVX Risk Information
Risk metrics for ADRVX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 3.05%
ADRVX Costs and Fees
ADRVX costs about $40 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.40%
- Gross expense ratio: 0.40%
- Portfolio turnover: 161%
- Brokerage commissions: 0.60 bps of average net assets (SEC N-CEN)
ADRVX Cashflows
Over the 12 months to 2026-06, Diversified Bond Fund had net outflows of $1.40B, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$13.93M |
| 2026-05 | $62.15M |
| 2026-04 | $4.37M |
| 2026-03 | −$213.91M |
| 2026-02 | −$277.89M |
| 2026-01 | −$32.08M |
ADRVX Debt Constituents
Largest debt holdings of Diversified Bond Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| U.s. Treasury | 2.42% |
| U.s. Treasury | 2.21% |
| U.s. Treasury | 1.97% |
| U.s. Treasury | 1.53% |
| U.s. Treasury | 1.41% |
| U.s. Treasury | 1.38% |
| U.s. Treasury | 1.27% |
| U.s. Treasury | 1.18% |
| U.s. Treasury | 1.04% |
| U.s. Treasury | 0.96% |
ADRVX Prospectus and SEC Filings
Official Diversified Bond Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-07-29
- Prospectus (485BPOS) — filed 2025-07-29
- Prospectus (485BPOS) — filed 2024-07-29
- Portfolio holdings (N-PORT) — filed 2026-08-28
- Portfolio holdings (N-PORT) — filed 2026-05-29
- Portfolio holdings (N-PORT) — filed 2026-02-27
- Annual census (N-CEN) — filed 2026-06-11
- Annual census (N-CEN) — filed 2025-06-11
Related Funds
Other Long Total / Aggregate Bond 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.