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2015 Tax Form 8937
The fund seeks income. Long-term capital appreciation is a secondary objective.
The Multi-Asset Income Fund team casts a wide net in its search for yield. Investments span traditional U.S. and non-U.S. stocks and bonds as well as non-traditional income-producing investments. The team also utilizes innovative income strategies designed to take advantage of the shifting landscape for attractive yielding securities.
A sustainable income stream over the long term requires looking beyond the singular dimension of yield. That's why the team also considers total return as part of their process. The team aims for capital growth to protect against inflation, while managing the dominant risks inherent to multi-asset income-focused portfolios: equity, interest rate, and credit risks.
The fund combines the firm’s nearly 30 years of top-down asset allocation experience with the bottom-up security selection skill of our asset class specialists. The fund is not required to allocate its assets in any fixed proportion, but uses broad allocation ranges to give the team the flexibility to adjust the asset mix and pursue attractive income-generation opportunities across the globe.
The value and/or returns of a portfolio will fluctuate with market and economic conditions. International investing involves special risk considerations, including economic and political conditions, inflation rates and currency fluctuations. The fund may invest in small- and mid-cap stock, which can be more volatile than larger-company stock. The fund also employs a mix of investment styles, each of which has risks associated with it. The fund’s investments in fixed income securities are subject to the risks associated with debt securities including credit, price and interest rate risk. The performance of the portfolio is partially dependent on the performance of the underlying American Century Investments' funds and will assume the risks associated with these funds. The fund is subject to the risk of a decline in the value of a foreign currency versus the U.S. dollar, which reduces the dollar value of securities denominated in that currency. In addition, the fund’s real estate-related investments may subject the fund to risks similar to those associated with direct investment in real estate. There is no guarantee that the investment objectives will be met.
Current income with long-term capital appreciation a secondary objective.
Invests in a broad range of U.S. and foreign income oriented equity and fixed-income securities. Seeks diversification across markets, industries, and issuers to reduce volatility.
Chief Investment Officer - Multi-Asset Strategies, Senior Vice President and Senior Portfolio Manager
Vice President, Portfolio Manager
Vice President, Portfolio Manager and Head of Research, Multi-Asset Strategies
Vice President, Portfolio Manager and Head of Portfolio Management, Multi-Asset Strategies
Portfolio Manager and Senior Quantitative Analyst
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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 quarter end. For additional share class information, consult the prospectus.
The advisor will waive a portion of the fund's management fee equal to the expenses attributable to the management fees of the American Century funds in which the fund invests. The amount of this waiver will fluctuate depending on the fund's daily allocations to other American Century funds. This waiver is expected to remain in effect permanently, and it cannot be terminated without the approval of the Board of Directors.
The advisor also agreed to waive an additional .07% of the management fee, which is expected to continue until November 30, 2020, and cannot be terminated without the approval of the Board of Directors.
Investment return and principal value of security investments will fluctuate. The value at the time of redemption may be more or less than the original cost. Past performance is no guarantee of future results.
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.
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.
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