Income-Oriented Equity Investing. In markets filled with both opportunities and risks, investors need a plan to succeed. Equity Income can help with an approach designed to help investors build and preserve capital over the long term.
Seeking to Build and Preserve Capital
Equity Income is an income-oriented stock fund that's designed to:
- Help investors build and preserve capital
- Provide consistent returns compared to its peers
- Invest in high-quality, income-producing securities selling at a discount
Focusing on Proven Characteristics
The fund invests in securities the team believes have characteristics that have proven to increase returns, lower volatility, limit downside risk, and provide income over time:
- Low valuation
- Competitive yields
Setting a Portfolio Cornerstone
Enduring return, risk and style characteristics may make Equity Income a solid choice as a core holding in an investor’s portfolio. Historically the fund has provided:
- Above-average long-term returns*
- Below-average volatility*
A Note About Risk
The value and/or returns of a portfolio will fluctuate with market and economic conditions. The fund invests in convertible securities, which may be affected by changes in interest rates, the credit of the issuer and the value of the underlying common stock. Generally, as interest rates rise, the value of the securities held in the fund will decline. The opposite is true when interest rates decline. There is no guarantee that the investment objectives will be met. Dividends and yields represent past performance and there is no guarantee that they will continue to be paid.
Past performance is no guarantee of future results.
Kevin Toney, CFA
Senior Vice President, Senior Portfolio Manager
Dan Gruemmer, CFA
Phillip N. Davidson, CFA
Chief Investment Officer, U.S. Value Equity, Senior Vice President
Michael Liss, CFA, CPA
Vice President, Senior Portfolio Manager
Data reflects past performance for Investor Class shares, assumes reinvestment of dividends and capital gains and is no guarantee of future results. Current performance may be higher or lower than data shown. Investment return and principal value fluctuates. Redemption value may be more or less than original cost. Obtain performance data current to the most recent month end. For additional share class information, consult the prospectus. Extraordinary performance is attributable in part to unusually favorable market conditions and may not be repeated or consistently achieved in the future.
W2 If your account falls below the minimum balance, you will be notified and given 90 days to meet the minimum. If the deadline is not met, American Century Investments may redeem the shares in the account and send the proceeds to the address of record.
Expense ratios provided are the funds' total annual operating expense ratios, gross of any fee waivers or expense reimbursements. Expense ratios are as of the funds' most current prospectus.
Lipper rankings are based on average annual total returns. Portions of the mutual fund performance information contained on this page were supplied by Lipper, a Thomson Reuters Company, subject to the following: Copyright 2016 © Thomson Reuters. All rights reserved. Any copying, republication or redistribution of Lipper content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Lipper. Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. Performance data is preliminary and subject to revision. Rankings are based on all classes available within the classification as of the date shown. Rankings are based only on the universe shown.
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