American Century launches three new fixed income funds

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American Century has now launched  American Century Emerging Markets Debt, American Century Strategic Income and American Century Short Duration Strategic Income and appointed Margé Karner as vice president and senior portfolio manager.

Emerging Markets Debt, which complements American Century’s existing suite of non-US fixed income products, is managed by senior portfolio managers Margé Karner, John Lovito,Brian Howell and Kevin Akioka.

Strategic Income and Short Duration Strategic Income, which expand upon the firm’s fixed income capabilities, are also managed by Kevin Akioka and Margé Karner, as well as senior portfolio managers Jeffrey Houston, Robert Gahagan and Brian Howell.

Emerging Markets Debt is a total return fund whose investment strategy is to incorporate emerging markets debt with a global currency overlay. The team will invest at least 80 percent of the portfolio in fixed income and floating rate securities that are economically tied to emerging market countries markets.The fund’s benchmark is the JP Morgan CEMBI Broad Diversified Index.

Strategic Income is an income fund whose investment strategy employs tactical sector management. The investment team uses an opportunistic sector approach and an income-focused investment process that offers clients broad, multi-sector exposure within its securities. The fund has a 50 percent maximum single sector exposure limit. Duration will be within two years of the fund’s benchmark, which is the Barclays U.S. Aggregate Bond Index.

Short Duration Strategic Income is an income fund whose investment strategy employs tactical sector management. The investment team uses an opportunistic sector approach and an income-focused investment process that offers clients broad, multi-sector exposure. The fund has a 50 percent maximum single sector exposure limit. Its shorter duration may help mitigate interest rate risk. Duration will be within two years of the fund’s benchmark, which is the Barclays U.S. Government/Credit 1 – 3 Year Index.

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