YTD Total Return As of 03/13/2025 | 0.79% |
Nav As of 03/13/2025 | $1.00 |
Nav Change ($0.00) | 0.00% |
Overview
Invests in short-term money market securities issued by the U.S. Treasury that are guaranteed by the full faith and credit of the U.S. government. The income from these securities is exempt from state income taxes.
Key Facts
Investment Objective | Seeks maximum safety and liquidity. Its secondary objective is to seek to pay shareholders the highest rate of return consistent with safety and liquidity. |
Inception Date | 10/13/1972 |
Benchmark | Bloomberg U.S. 1-3 Month Treasury Bill IndexA |
Total Assets | $2,300,109,679 As of 02/28/2025 |
Total Holdings | 31 As of 01/31/2025 |
Distribution Frequency | Monthly |
Fees
| Gross Expense Ratio | 0.48% |
Trading Information
| Ticker | CPFXX |
| CUSIP | 025081803 |
Performance
Portfolio
Team
How To Buy
Individual Investors: Open a new account or use an existing account registration
Open New Account Log In NowFinancial Advisors: Contact your wholesaler at 1-800-345-6488 for more information
Money Market Fund: You could lose money by investing in the fund. Although the fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. An investment in the fund is not a bank account and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The fund's sponsor is not required to reimburse the fund for losses, and you should not expect that the sponsor will provide financial support to the fund at any time, including during periods of market stress.
Returns or yields for the fund would have been lower if a portion of the management fee had not been waived. Review the annual or semiannual report for the most current information.
Fund shares are not guaranteed by the U.S. Government.
Interest rate changes are among the most significant factors affecting bond return. In a declining interest rate environment, bond prices rise and the fund may generate less income. In a rising interest rate environment, bond prices fall.
Please see the prospectus for details about sales charges.
The gross expense ratio is the fund's total annual operating costs, expressed as a percentage of the fund's average net assets for a given time period. It is gross of any fee waivers or expense reimbursement. The net expense ratio is the expense ratio after the application of any waivers or reimbursement. This is the actual ratio that investors paid during the fund's most recent fiscal year. Please see the prospectus for more information.
Investor Class Shares: Minimum initial investment is $1,000 for IRA and CESA accounts, and $2,500 for non-retirement accounts, but these minimums are waived with an initial investment of at least $500 per account and automatic investments of at least $100 per month. Non-Retirement Accounts: If your account balance falls below the minimum, or if you cancel your automatic monthly investment plan prior to reaching the minimum, American Century Investments may redeem the account and send the proceeds to you. Prior to doing so, we will notify you and give you 90 days to meet the minimum or reinstate your automatic monthly investment plan.
A sub index of the Bloomberg U.S. Short Treasury Index, the Bloomberg U.S. 1-3 Month Treasury Bill Index is composed of zero-coupon Treasury bills with a maturity between 1 and 3 months. As Treasury bonds and notes fall below one year-to-maturity and exit the Bloomberg U.S. Treasury Index, they become eligible for the Bloomberg U.S. Short Treasury Index. It excludes zero coupon strips.
Source: Bloomberg Index Services Ltd