American Century Global Bond Fund G Class

American Century Global Bond Fund G Class is an actively managed mutual fund focused on delivering long-term total return through a diversified portfolio of global fixed income securities. The strategy invests at least 80% of assets in bonds and generally hedges most foreign currency exposure back to the U.S. dollar, aiming to isolate bond market returns from currency fluctuations. The fund spans investment-grade sovereign and corporate debt across developed and emerging markets, with the flexibility to allocate up to 35% to high-yield and/or emerging market debt to broaden opportunity and income sources. Portfolio construction reflects moderate interest-rate sensitivity typical of global core bond mandates and uses futures and other instruments to manage duration and regional exposures. Positioned within the Global Bond—USD Hedged category, the fund serves as a core global fixed income holding, offering investors access to international rate and credit cycles while maintaining a disciplined currency-hedged framework. The share class benefits from a low stated expense structure, supported by a management fee waiver specific to the class, enhancing cost efficiency for asset allocation programs and multi-asset portfolios.