American Century Investments is a global asset management firm with more than $121 billion in assets and 200 institutional clients. Founded in 1958 by James Stowers, Jr, the company offers a wide range of products and services across a variety of investment styles and asset classes. The company takes a long term view of investments which allows it to be aligned to client interests and its stated investment objectives. American Century prides itself on a team-managed approach and contributes a significant share of its profits towards cutting edge medical research.
Below we will share with you 5 top rated American Century funds. Each has earned a Zacks #1 Rank (Strong Buy) as we expect the fund to outperform its peers in the future. To view the Zacks Rank and past performance of all American Century funds, investors can click here to see the complete list of funds.
American Century All Cap Growth (TWGTX) focuses on investing in equity securities issued by companies regardless of their market capitalization. The fund selects companies whose value is expected to increase over time. Investment decisions are based mainly in analysis of firms on an individual basis instead of relying on economic projections.The fund has a five year annualized return of 4.12%.
The American Century mutual fund has a minimum initial investment of $2,500 and an expense ratio of 1.00% compared to a category average of 1.27%.
American Century Real Estate A (AREEX) seeks both current income and capital growth. The majority of its assets are invested in equity securities of real estate trusts and companies from the real estate sector. The fund returned 14.98% in the last one year period.
As of March 2012, this American Century mutual fund held 51 issues, with 11.98% of its total assets invested in Simon Property Group Inc.
American Century Inflation-Adjusted Bond (ACITX) utilizes a large proportion of its assets to purchase instruments which are inflation adjusted. Not more than 20% of its assets may be invested in securities which are not inflation indexed. The fund has a five year annualized return of 7.31%.
The Fund Manager is Robert Gahagan and he has managed this American Century mutual fund since 2001.
American Century High-Yield Municipal A (AYMAX) seeks current income which is not subject to federal income tax. The majority of its assets are utilized to purchase municipal securities and other debt instruments which provide high yields. It focuses on acquiring long term and intermediate term securities. The fund has a five year annualized return of 1.49%.
The American Century mutual fund has a minimum initial investment of $5,000 and an expense ratio of 0.86% compared to a category average of 1.00%.
American Century Diversified Bond (ADFIX) invests the majority of its assets in non-money debt instruments of high to medium quality. It may also invest in asset backed securities and derivatives. The fund has a five year annualized return of 6.84%.
The Fund Manager is Jeffrey V. Houston and he has managed this American Century mutual fund since 2001.
To view the Zacks Rank and past performance of all American Century mutual funds, investors can click here to see the complete list of funds.
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