YTD Total Return As of 07/26/2024 | 6.79% |
Nav As of 07/26/2024 | $6.48 |
Nav Change ($0.05) | 0.78% |
Seeks the highest level of total return consistent with its mix of stocks, bonds and cash equivalent securities. The moderate portfolio seeks long-term capital growth with some income.
Key Facts
Investment Objective | The fund is an asset allocation fund. That is, it diversifies its assets among various classes of investments such as equity securities, bonds and money market instruments. The fund seeks the highest level of total return consistent with its asset mix. |
Inception Date | 02/15/1996 |
Morningstar Category | Moderate Allocation |
Total Assets | $737,653,199 As of 06/30/2024 |
Total Holdings | 840 As of 05/31/2024 |
Distribution Frequency | Quarterly |
Morningstar Overall Rating Based on risk-adjusted return | Out of 689 funds. Moderate Allocation category As of 06/30/2024 |
Fees
Gross Expense Ratio | 1.26% |
Net Expense Ratio | 0.84% |
Trading Information
Ticker | TWSMX |
CUSIP | 025085408 |
For each fund with at least a three-year history, Morningstar calculates a Morningstar Ratingā¢ based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund's monthly performance, placing more emphasis on downward variations and rewarding consistent performance.
Fees
Gross Expense Ratio | 1.26% |
Net Expense Ratio | 0.84% |
Trading Information
Ticker | TWSMX |
CUSIP | 025085408 |
Data reflects past performance, 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. Returns less than one year are not annualized.
Average annual total returns illustrate the annual compounded returns that would have produced the cumulative total return if the fund's performance had remained constant throughout the period indicated. Returns for periods less than one year are not annualized. For periods prior to the inception of a class, performance is for the oldest class, restated with applicable fees, if any.
Data reflects past performance, 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. Returns less than one year are not annualized.
Past performance is no guarantee of future results. Investment returns will fluctuate and it is possible to lose money.
FREQUENCY
Quarterly
Total Paid | Ordinary Dividends | Reinvest Price | |
---|---|---|---|
06/25/2024 | $0.0328 | $0.0328 | $6.41 |
03/26/2024 | $0.0114 | $0.0114 | $6.36 |
12/21/2023 | $0.0518 | $0.0518 | $6.08 |
09/26/2023 | $0.0216 | $0.0216 | $5.64 |
Overall | Out of 689 funds. Moderate Allocation category |
3 Year | Out of 689 funds |
5 Year | Out of 649 funds |
10 Year | Out of 493 funds |
Investment Style
For each fund with at least a three-year history, Morningstar calculates a Morningstar Ratingā¢ based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund's monthly performance, placing more emphasis on downward variations and rewarding consistent performance.
The Morningstar Ratingā¢ for funds, or "star rating", is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product's monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The Morningstar Rating does not include any adjustment for sales loads. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three-year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10- year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods.
Morningstar Investment Style Boxā¢: The Morningstar Investment Style Boxā¢ reveals a fund's investment strategy. For the equity holdings in the fund's portfolio, the vertical axis shows the market capitalization of the stocks owned and the horizontal axis shows investment style (value, blend or growth).
As of 06/30/2024
Domestic Stock | 43% |
Foreign Stock | 25% |
U.S. Government Bonds | 13% |
Cash and Cash Equivalents | 8% |
U.S. Corporate Bonds | 5% |
Foreign Government Bonds | 3% |
Asset Backed Security (ABS) | 1% |
Due to rounding, these values may exceed 100%.
Negative weights may be due to open security or capital stock
trades at period end and/or unrealized loss on derivative positions as a percent of net assets at period end.
As of 05/31/2024
639 Equity Issues
As of 06/30/2024
Diversified | 63% |
Information Technology | 7% |
Health Care | 5% |
Industrials | 5% |
Financials | 5% |
Real Estate | 4% |
Consumer Discretionary | 3% |
Consumer Staples | 2% |
Communication Services | 2% |
Materials | 1% |
Utilities | 1% |
Energy | 1% |
Due to rounding, these values may exceed 100%
As of 06/30/2024
Avantis U.S. Equity ETF | 5.91% |
American Century STOXX U.S. Quality Growth ETF | 4.97% |
American Century STOXX U.S. Quality Value ETF | 4.88% |
American Century Multisector Income ETF | 4.74% |
Avantis Emerging Markets Equity ETF | 4.12% |
American Century Quality Diversified International ETF | 3.76% |
American Century Focused Dynamic Growth ETF | 3.62% |
US 5YR NOTE (CBT) Sep24 | 3.38% |
American Century Diversified Corporate Bond ETF | 3.38% |
American Century Focused Large Cap Value ETF | 3.21% |
% of Top Portfolio Holdings | 41.97% |
Due to rounding, these values may exceed 100%.
Negative weights may be due to open security or capital stock
trades at period end and/or unrealized loss on derivative positions as a percent of net assets at period end.
As of 06/30/2024
-
Countries % Portfolio United States 66% Multinational 24% United Kingdom 2% Japan 1% France 1% Netherlands 1% Germany 1% Australia 1% Switzerland 1% Canada <1%
Due to rounding, these values may exceed 100%
As of 06/30/2024
U.S. Government | 42.08% |
AAA | 4.52% |
AA | 4.61% |
A | 11.55% |
BBB | 14.06% |
BB | 5.68% |
B | 2.54% |
CCC | 0.34% |
CC | 0.10% |
C | 0.01% |
D | 0.10% |
Non Rated | 4.13% |
Cash and Cash Equivalents | 10.28% |
Due to rounding, these values may exceed 100%
Negative weights may be due to open security or capital stock trades at period end and/or unrealized loss on derivative positions as a percent of net assets at period end.
As of 06/30/2024
0 - 1 Years | 17.79% |
1 - 3 Years | 19.89% |
3 - 5 Years | 13.27% |
5 - 10 Years | 28.91% |
10 - 20 Years | 12.41% |
20 - 30 Years | 5.36% |
30+ Years | 2.37% |
Due to rounding, these values may exceed 100%
Negative weights may be due to open security or capital stock trades at period end and/or unrealized loss on derivative positions as a percent of net assets at period end.
7.64 Years Weight Average Life to Maturity
As of 06/30/2024
As of 06/30/2024
0 - 2.5% | 46.27% |
2.5 - 3% | 6.83% |
3 - 3.5% | 2.43% |
3.5 - 4% | 4.46% |
4 - 4.5% | 7.37% |
4.5 - 5% | 6.83% |
5 - 5.5% | 3.98% |
5.5 - 6% | 4.26% |
6 - 6.5% | 4.10% |
6.5 - 7% | 3.44% |
7 - 7.5% | 4.30% |
7.5 - 8% | 1.94% |
8 - 8.5% | 2.17% |
8.5 - 9% | 0.59% |
9 - 9.5% | 0.61% |
9.5 - 10% | 0.28% |
10+% | 0.12% |
Due to rounding, these values may exceed 100%
Negative weights may be due to open security or capital stock trades at period end and/or unrealized loss on derivative positions as a percent of net assets at period end.
2.85% Average Coupon
As of 06/30/2024
0 - 2 Years | 33.92% |
2 - 4 Years | 18.76% |
4 - 6 Years | 15.98% |
6 - 8 Years | 16.16% |
8 - 10 Years | 0.99% |
10 - 15 Years | 8.90% |
15+ Years | 5.29% |
Due to rounding, these values may exceed 100%
Negative weights may be due to open security or capital stock trades at period end and/or unrealized loss on derivative positions as a percent of net assets at period end.
6.14 Years Average Effective Duration
Vice President
Senior Portfolio Manager and Head of Portfolio Management, Multi-Asset Strategies
2018
1995
Vice President, Senior Portfolio Manager
Head of Research, Multi-Asset Strategies
2013
2001
Vice President
Senior Portfolio Manager, Multi-Asset Strategies
2010
1988
How To Buy
Individual Investors: Open a new account or use an existing account registration
Open New Account Log In NowFinancial Advisors: Contact your wholesaler at 1-800-345-6488 for more information
Acquired Fund Fees and Expenses have been restated to reflect current fees based on estimated allocations to underlying funds. The advisor will waive a portion of the fund's management fee equal to the expenses attributable to the management fees of American Century advised underlying funds. The amount of this waiver will fluctuate depending on the fund's daily allocations to such 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 .27% of the fund's management fee. The advisor expects this waiver to continue until November 30, 2024, and cannot terminate it prior to such date without the approval of the Board of Directors. Returns or yields for the fund would have been lower if a portion of the management fee had not been waived. Review the annual or semiannual report for the most current information.
The value and/or returns of a portfolio will fluctuate with market and economic conditions.
Investments in fixed income securities are subject to the risks associated with debt securities including credit, price and interest rate risk.
Generally, as interest rates rise, the value of the bonds held in the fund will decline. The opposite is true when interest rates decline.
International investing involves special risks, such as political instability and currency fluctuations.
Please see the prospectus for details about sales charges.
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.
Investor Class Shares: Minimum initial investment is $1,000 for IRA and CESA accounts, and $2,500 for non-retirement accounts, but these minimums are waived with an initial investment of at least $500 per account and automatic investments of at least $100 per month. Non-Retirement Accounts: If your account balance falls below the minimum, or if you cancel your automatic monthly investment plan prior to reaching the minimum, American Century Investments may redeem the account and send the proceeds to you. Prior to doing so, we will notify you and give you 90 days to meet the minimum or reinstate your automatic monthly investment plan.
Investment Blend: Reflects the blend of securities owned by a fund. For example, the percentage of foreign or domestic stocks held by an equity fund or the percentage of corporate and government securities owned by a bond fund. The U.S./Foreign Convertibles grouping includes Convertible Bonds, Equity Linked Securities and Convertible Preferred securities.
Sector Weights: This value represents the sectors of the equity securities included in the portfolio on a percent of equity assets basis. Due to rounding, these values may exceed 100%.
Top Holdings: This value represents the top holdings included in the portfolio on a percent of net assets basis. Equity holdings are grouped to include common shares, depository receipts, rights and warrants issued by the same company. Holdings are rounded to the nearest whole number, which may result in the display of less than ten holdings.
Countries: This value represents the countries included in the portfolio on a percent of assets basis.
Regions: This value represents the regions of the country represented by the securities included in the portfolio on a percent of assets basis.
Quality: Describes the portfolio of the fund in terms of the quality ratings of the securities it holds. Cash and cash equivalents include payable amounts related to securities purchased but not settled at period end. Credit quality ratings on underlying securities of a fund are obtained from three Nationally Recognized Statistical Rating Organizations ("NRSROs"), Standard & Poor's, Moody's and Fitch. Ratings are converted to the equivalent Standard & Poor's rating category for purposes of presentation. The median rating is used for securities rated by all three NRSROs. The common rating is used when two of the three NRSROs agree. The lower rating is used when only two NRSROs rate a security. A "nonrated" designation is assigned when a public rating is not available for a security. This designation does not necessarily indicate low credit quality. The letter ratings are provided to indicate the credit worthiness of the underlying bonds in the portfolio and generally range from AAA (highest) to D (lowest). Includes payable amounts related to securities purchased but not settled at period end.
Maturity: Describes the portfolio of the fund in terms of the different maturities of the securities it holds.
Weighted Average Life to Maturity (WALM): Is a measure of the sensitivity of a fixed income portfolio to interest rate changes. WALM is the average time in years to receive the principal repayments. Accordingly, WALM reflects how a portfolio would react to deteriorating credit or tightening liquidity conditions.
Coupon: Describes the portfolio of the fund in terms of the different coupons of the securities it holds.
Duration: Describes the portfolio of the fund in terms of the different durations of the securities it holds.
For detailed descriptions of indices or investing terms referenced above, refer to ourĀ glossary.
Ā©2024 Morningstar, Inc. All Rights Reserved. Certain information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.