KANSAS CITY, Mo., Feb. 26, 2013 - American Century Investments today announces a series of promotions within its Investment Management department:

  • Senior Investment Analyst Chad Baumler is promoted to portfolio manager for the U.S. Value strategy, which includes management of the American Century Value and VP Value funds. Baumler will continue to provide analytical support for the U.S. Value Yield, U.S. Mid Cap Value and U.S. Equity Market Neutral Value strategies. He joined the firm in 2007. Previously, Baumler worked at CB Richard Ellis, Inc. He earned a bachelor's degree in finance from The University of Northern Iowa and a master's degree in business administration from McCombs School of Business at The University of Texas at Austin. He is a CFA charterholder and a member of the CFA Institute.
  • Senior Investment Analyst Steven Rodriquez is promoted to portfolio manager and will co-manage the U.S. Real Estate Securities and Global Real Estate Securities strategies, which includes management of the American Century Real Estate and Global Real Estate funds. Rodriquez joined the firm in 2009 from Barclays Capital where he was a REIT equity research associate. He obtained his bachelor's degree in economics and a master's degree in accounting from the University of Michigan.
  • Senior Fixed Income Trader Le Tran is promoted to portfolio manager on the Money Market team. Tran will co-manage the American Century Tax-Free Money Market and California Tax-Free Money Market funds. He has been a member of the Fixed Income team since joining the firm in 2004 and has been directly supporting the Money Market team since 2006. Previously, Tran was an operations specialist at Seneca Capital Management and an accountant with F.E. Jordan Associates. He earned a bachelor's degree in business administration from San Francisco State University.

American Century Investments is a leading privately held investment management firm, committed to delivering superior investment performance and building long-term client relationships since 1958. Serving investment professionals, institutions, corporations and individual investors, American Century Investments offers a variety of actively managed investment disciplines through an array of products including mutual funds, institutional separate accounts, commingled trusts and sub-advisory accounts. The company's 1,300 employees serve clients from offices in New York; London; Hong Kong; Mountain View, Calif. and Kansas City, Mo. James E. Stowers Jr. is founder of the company, Jonathan S. Thomas is president and chief executive officer and Enrique Chang is chief investment officer. Through its ownership structure, more than 40 percent of American Century Investments' profits support research to help find cures for genetically-based diseases including cancer, diabetes and dementia.

You should consider the fund's investment objectives, risks, charges and expenses carefully before you invest. The fund's prospectus or summary prospectus, which can be obtained by visiting americancentury.com, contains this and other information about the fund, and should be read carefully before investing.

Money Market Fund: An investment in the fund is neither insured nor guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although the fund seeks to preserve the value of your investment at $1 per share, it is possible to lose money by investing in the fund.