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American Century Zero Coupon 2020 Inv (BTTTX)

103.55 Down 0.23(0.22%) May 27

Profile as of Apr 29, 2016Get Profile for:
American Century Zero Coupon 2020 Inv
American Century Target Maturities Trust4500 Main StreetKansas City, MO 64111
Map
Phone: 800-345-2021
Fund Overview 
Category:Long Government
Fund Family:American Century Investments
Net Assets:206.75M
Year-to-Date Return:2.97%
Yield:2.92%
Morningstar Rating:2 stars
Fund Inception Date:Dec 29, 1989
Morningstar Style Box 
Long Government
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About the Morningstar Style Box
Management Information 
Robert Gahagan
Lead Manager since Aug 1, 2006
Mr. Gahagan, Senior Vice President and Senior Portfolio Manager, joined American Century Investments in 1983.  He became a portfolio manager in 1991. He has a bachelor’s degree in economics and an MBA from the University of Missouri – Kansas City.
Investment Information 
Min Initial Investment:2,500
Min Initial Investment, IRA:N/A
Min Initial Investment, AIP:N/A
Min Subsequent Investment:50
Min Subsequent Investment, IRA:N/A
Min Subsequent Investment, AIP:50
BTTTX can be purchased from 125 brokerages.

Fund Summary 
The investment seeks the highest return consistent with investment in U.S. Treasury securities. The fund invests at least 80% of the value of its net assets in zero-coupon securities. It invests primarily in zero-coupon U.S. Treasury securities and their equivalents (including certain zero-coupon U.S. government agency securities), and may invest up to 20% of its assets in other zero-coupon U.S. government agency securities that are AAA-rated. Zero-coupon securities make no periodic interest or principal payments. The fund is managed to mature in the year 2020 and will be liquidated near the end of its target maturity year.

Fund Operations 
Last Dividend (Dec 17, 2015) : 3.10
Last Cap Gain : 0.00
Annual Holdings Turnover (May 25, 2016) : 39.00%
Average for Category:47.41%
Fees & Expenses 
ExpenseBTTTXCategory Avg
Annual Report Expense Ratio (net):0.55%0.61%
Prospectus Net Expense Ratio:0.55%N/A
Prospectus Gross Expense Ratio:0.55%N/A
Max 12b1 Fee:N/AN/A
Max Front End Sales Load:N/A4.75%
Max Deferred Sales Load: N/A1.00%
3 Yr Expense Projection*:177237
5 Yr Expense Projection*:308376
10 Yr Expense Projection*:690784
* Per $10,000 invested