2016 Estimated Distributions

Don't let tax time catch you off guard. Review initial distribution estimates for many of our funds.1,2 For your non-retirement accounts, these numbers can help you gauge the income and capital gains that appear on your Form 1099-DIV in late January (mid February for real estate funds). Please keep in mind that amounts are estimates and may vary from the actual distributions.

View Paid Distributions

 
As of 10/31/20162
Fund Name Ordinary Income Per Share3 Ordinary Income Pay Date Short-Term Capital Gain Per Share Long-Term Capital Gains Per Share Capital Gain Pay Date4
AC Alternatives® Equity Market Neutral Fund Paid 12/27/2016 Paid Paid 12/13/2016
AC Alternatives® Income Fund Paid 12/27/2016 Paid Paid 12/20/2016
AC Alternatives® Long Short Fund Paid 12/20/2016 Paid Paid 12/20/2016
AC Alternatives® Market Neutral Value Fund Paid 12/27/2016 Paid Paid 12/13/2016
Adaptive All Cap Fund5 Paid 12/20/2016 Paid Paid 12/20/2016
Adaptive Equity Fund6 Paid 12/20/2016 Paid Paid 12/20/2016
All Cap Growth Fund Paid 12/20/2016 Paid Paid 12/20/2016
Balanced Fund Paid 12/27/2016 Paid Paid 12/20/2016
California High-Yield Municipal Fund daily daily Paid Paid 12/13/2016
California Intermediate-Term Tax-Free Bond Fund daily daily Paid Paid 12/13/2016
California Long-Term Tax-Free Fund daily daily Paid Paid 12/13/2016
Capital Value Fund Paid 12/20/2016 Paid Paid 12/20/2016
Core Equity Plus Fund Paid 12/27/2016 Paid Paid 12/13/2016
Core Plus Fund daily daily Paid Paid 12/13/2016
Disciplined Growth Fund Paid 12/27/2016 Paid Paid 12/13/2016
Disciplined Growth Plus Fund Paid 12/27/2016 Paid Paid 12/13/2016
Diversified Bond Fund daily daily Paid Paid 12/13/2016
Emerging Markets Debt Fund daily daily Paid Paid 12/20/2016
Emerging Markets Fund Paid 12/20/2016 Paid Paid 12/20/2016
Emerging Markets Small Cap Fund Paid 12/20/2016 Paid Paid 12/20/2016
Emerging Markets Value Fund Paid 12/20/2016 Paid Paid 12/20/2016
Equity Growth Fund Paid 12/27/2016 Paid Paid 12/13/2016
Equity Income Fund Paid 12/27/2016 Paid Paid 12/13/2016
Focused Dynamic Growth Fund Paid 12/20/2016 Paid Paid 12/20/2016
Focused International Growth Fund Paid 12/20/2016 Paid Paid 12/20/2016
Ginnie Mae Fund daily daily Paid Paid 12/13/2016
Global Allocation Fund Paid 12/29/2016 Paid Paid 12/29/2016
Global Bond Fund Paid 12/27/2016 Paid Paid 12/20/2016
Global Gold Fund Paid 12/27/2016 Paid Paid 12/13/2016
Global Growth Fund Paid 12/20/2016 Paid Paid 12/20/2016
Global Real Estate Fund Paid 12/20/2016 Paid Paid 12/20/2016
Global Small Cap Fund Paid 12/20/2016 Paid Paid 12/20/2016
Government Bond Fund daily daily Paid Paid 12/13/2016
Growth Fund Paid 12/20/2016 Paid Paid 12/20/2016
Heritage Fund Paid 12/20/2016 Paid Paid 12/20/2016
High-Yield Fund daily daily Paid Paid 12/13/2016
High-Yield Municipal Fund daily daily Paid Paid 12/13/2016
Income & Growth Fund Paid 12/27/2016 Paid Paid 12/13/2016
Inflation-Adjusted Bond Fund Paid 12/27/2016 Paid Paid 12/13/2016
Intermediate-Term Tax-Free Bond Fund daily daily Paid Paid 12/13/2016
International Bond Fund Paid 12/27/2016 Paid Paid 12/20/2016
International Core Equity Fund Paid 12/20/2016 Paid Paid 12/20/2016
International Discovery Fund Paid 12/20/2016 Paid Paid 12/20/2016
International Growth Fund Paid 12/20/2016 Paid Paid 12/20/2016
International Opportunities Fund Paid 12/20/2016 Paid Paid 12/20/2016
International Value Fund Paid 12/20/2016 Paid Paid 12/20/2016
Large Company Value Fund Paid 12/27/2016 Paid Paid 12/13/2016
Mid Cap Value Fund Paid 12/27/2016 Paid Paid 12/13/2016
Mult-Asset Income Fund Paid 12/29/2016 Paid Paid 12/29/2016
Multi-Asset Real Return Fund Paid 12/27/2016 Paid Paid 12/13/2016
New Opportunities Fund Paid 12/20/2016 Paid Paid 12/20/2016
One Choice® 2020 Portfolio Paid 12/29/2016 Paid Paid 12/29/2016
One Choice® 2025 Portfolio Paid 12/29/2016 Paid Paid 12/29/2016
One Choice® 2030 Portfolio Paid 12/29/2016 Paid Paid 12/29/2016
One Choice® 2035 Portfolio Paid 12/29/2016 Paid Paid 12/29/2016
One Choice® 2040 Portfolio Paid 12/29/2016 Paid Paid 12/29/2016
One Choice® 2045 Portfolio Paid 12/29/2016 Paid Paid 12/29/2016
One Choice® 2050 Portfolio Paid 12/29/2016 Paid Paid 12/29/2016
One Choice® 2055 Portfolio Paid 12/29/2016 Paid Paid 12/29/2016
One Choice® 2060 Portfolio Paid 12/29/2016 Paid Paid 12/29/2016
One Choice® In Retirement Portfolio Paid 12/29/2016 Paid Paid 12/29/2016
One Choice® Portfolio: Aggressive Paid 12/29/2016 Paid Paid 12/29/2016
One Choice® Portfolio: Conservative Paid 12/29/2016 Paid Paid 12/29/2016
One Choice® Portfolio: Moderate Paid 12/29/2016 Paid Paid 12/29/2016
One Choice® Portfolio: Very Aggressive Paid 12/29/2016 Paid Paid 12/29/2016
One Choice® Portfolio: Very Conservative Paid 12/29/2016 Paid Paid 12/29/2016
Real Estate Fund Paid 12/27/2016 Paid Paid 12/20/2016
Select Fund Paid 12/20/2016 Paid Paid 12/20/2016
Short Duration Fund daily daily Paid Paid 12/13/2016
Short Duration Inflation Protection Bond Fund Paid 12/27/2016 Paid Paid 12/13/2016
Short Duration Strategic Income Fund daily daily Paid Paid 12/13/2016
Short-Term Government Fund daily daily Paid Paid 12/13/2016
Small Cap Growth Fund Paid 12/20/2016 Paid Paid 12/20/2016
Small Cap Value Fund Paid 12/27/2016 Paid Paid 12/13/2016
Small Company Fund Paid 12/27/2016 Paid Paid 12/13/2016
Strategic Allocation: Aggressive Fund Paid 12/20/2016 Paid Paid 12/20/2016
Strategic Allocation: Conservative Fund Paid 12/27/2016 Paid Paid 12/20/2016
Strategic Allocation: Moderate Fund Paid 12/27/2016 Paid Paid 12/20/2016
Strategic Income Fund daily daily Paid Paid 12/13/2016
Sustainable Equity Fund7 Paid 12/20/2016 Paid Paid 12/20/2016
Ultra® Fund Paid 12/20/2016 Paid Paid 12/20/2016
Utilities Fund Paid 12/27/2016 Paid Paid 12/13/2016
Value Fund Paid 12/27/2016 Paid Paid 12/13/2016
Zero Coupon 2020 Fund Paid 12/09/2016 Paid Paid 12/09/2016
Zero Coupon 2025 Fund Paid 12/09/2016 Paid Paid 12/09/2016


Note: Money market funds declare dividends daily and distribute income monthly. These funds are expected to make only regular monthly income distributions on December 30, 2016, and are not listed above.

Regulations regarding distributions can be complex, and there are several methods for managing your tax liability. Please consult a tax advisor about your particular circumstances. You also may obtain helpful information by calling the Internal Revenue Service at 1-800-829-1040 or visiting https://www.irs.gov.

What are distributions?
There are two types of distributions: income and capital gains. Mutual fund companies must pass along 98% of net investment income and 98.2% capital gains to their shareholders.

  • You will receive income distributions if the securities in your fund pay dividends or interest.
  • You will receive capital gain distributions if the sale of securities within your mutual fund creates a profit. These gains will be designated as short- or long-term based on how long the securities were held in the portfolio, not on when you purchased fund shares.

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Why are some distributions larger than others?
The amount of a distribution can increase when the dividend payments or profits increase. A fund's capital gain distribution, however, is not necessarily a reflection of its overall performance. Because regulations regarding distributions are complex, you may want to consult a tax advisor about your circumstances.

American Century Investments® pays per-share distributions to shareholders invested on the fund's record day4. On the Payable Date, each fund's share price is reduced by the amount of its distribution.

If distributions are paid to your account, you will see them on your fourth quarter statement and for taxable accounts in taxable funds, on the IRS Form 1099-DIV you will receive in January.

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Why do funds pay distributions?
Tax rules require mutual funds to distribute 98% of net investment income and 98.2% capital gains to shareholders each year. The rules also allow mutual funds to offset capital gains with losses carried forward from a prior year.

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When can I expect tax information?
You can view distributions paid in December on your annual account statement, which is sent in early January. If your fund pays a distribution to your taxable account or you have sold shares, we will mail your tax forms by the end of January. For Real Estate Fund and Global Real Estate Fund shareholders, we will mail your Form 1099-DIV/B in late February.

Visit americancentury.com mid-December for more tax-time information.

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1 Dividend income estimates for income funds that declare distributions daily are not generally listed, although they may pay distributions. In addition, some stock funds in the chart may show no estimated distributions at this time. However, please keep in mind that this may change.

2 The estimates provided are as of October 31, 2016. Keep in mind that market conditions, portfolio changes and/or changes in outstanding fund shares could affect these estimates substantially. In addition, there is a possibility that funds not listed above could be eligible to pay a capital gains distribution. This information is not final and is subject to change until the ex-dividend date.

3 The estimates in this chart do not reflect calculations for Qualified Dividends. However, those calculations, if applicable, will appear on Form 1099-DIV sent in late January 2017.

4 Per-share distributions are paid to investors who are shareholders of record with American Century Investments the business day before the payable date.

5

On September 7, 2016, the Legacy Multi Cap Fund's name changed to Adaptive All Cap Fund. This change better reflects the stated objectives of the fund.

6

On September 7, 2016, the Veedot Fund's name changed to Adaptive Equity Fund. This change better reflects the stated objectives of the fund.

7

On August 10, 2016, the Fundamental Equity Fund's name changed to Sustainable Equity Fund. This change better reflects the fund’s new investment strategy focus.