Liquidation: AMERICAN CENTURY TARGET MATURITIES TRUST

Form Type: 497

Filing Date: 2025-04-22

Corporate Action: Liquidation

Type: New

Accession Number: 000075792825000014

Filing Summary: The Board of Trustees has approved a plan of liquidation for the Zero Coupon 2025 Fund, with the liquidation date set for September 17, 2025. The fund will be closed to all new accounts starting April 23, 2025, and will not accept new investments, except for reinvested distributions, after June 27, 2025. To facilitate the closure and liquidation, portfolio managers may enhance the proportion of assets in cash and similar investments, potentially selling securities to raise cash exposure to 100% of the portfolio, deviating from the fund's stated investment objectives.

Form Type: 497K

Filing Date: 2025-04-22

Corporate Action: Liquidation

Type: New

Accession Number: 000075792825000016

Filing Summary: The Board of Trustees has approved a plan of liquidation for the Zero Coupon 2025 Fund. The liquidation date is set for September 17, 2025. As of April 23, 2025, the fund is closed to all new accounts and will be closed to new investments, except for reinvested distributions, by the close of the New York Stock Exchange on June 27, 2025. To prepare for this process, the portfolio managers may increase cash holdings and sell securities to transition up to 100% of the portfolio into cash and cash equivalents, deviating from the fund's stated investment objectives.