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American Century Strat Allc: Agrsv Instl (AAAIX)

7.49 Up 0.05(0.67%) May 25

Profile as of Apr 29, 2016Get Profile for:
American Century Strat Allc: Agrsv Instl
American Century Strategic Asset Alloc4500 Main StreetKansas City, MO 64111
Map
Phone: 800-345-2021
Fund Overview 
Category:Allocation--70% to 85% Equity
Fund Family:American Century Investments
Net Assets:989.87M
Year-to-Date Return:1.36%
Yield:1.27%
Morningstar Rating:4 stars
Fund Inception Date:Aug 1, 2000
Morningstar Style Box 
Allocation--70% to 85% Equity
[View Category Definition]
View Top Allocation--70% to 85% Equity Funds
About the Morningstar Style Box
Management Information 
Scott Wittman
Lead Manager since Jun 2, 2009
Wittman, Senior Vice President and Senior Portfolio Manager, has been a member of the team that manages the funds since June 2009 when he joined American Century Investments. From 2005 to 2009, he was managing director–quantitative and alternative investments for Munder Capital Management and from 2002 to 2005 he was an independent financial consultant. He has a bachelor’s degree in finance and an MBA in finance from Indiana University. He is a CFA charterholder.
Investment Information 
Min Initial Investment:5,000,000
Min Initial Investment, IRA:N/A
Min Initial Investment, AIP:N/A
Min Subsequent Investment:50
Min Subsequent Investment, IRA:N/A
Min Subsequent Investment, AIP:50
AAAIX can be purchased from 60 brokerages.

Fund Summary 
The investment seeks the highest level of total return consistent with its asset mix. The fund's asset allocation strategy diversifies investments among equity securities, bonds and money market instruments. It usually invests 79% of its assets in stocks, 20% of its assets in bonds, and 1% of its assets in cash equivalents. The fund also invests in a variety of debt securities payable in U.S. and foreign currencies. It may invest in any type of U.S. or foreign equity security that meets certain fundamental and technical standards. The fund may invest up to 10% of its assets in below investment-grade securities.

Fund Operations 
Last Dividend (Dec 21, 2015) : 0.00
Last Cap Gain : 0.00
Annual Holdings Turnover (May 23, 2016) : 94.00%
Average for Category:58.10%
Fees & Expenses 
ExpenseAAAIXCategory Avg
Annual Report Expense Ratio (net):0.93%0.90%
Prospectus Net Expense Ratio:0.90%N/A
Prospectus Gross Expense Ratio:0.95%N/A
Max 12b1 Fee:N/AN/A
Max Front End Sales Load:N/A5.30%
Max Deferred Sales Load: N/A2.23%
3 Yr Expense Projection*:298562
5 Yr Expense Projection*:521883
10 Yr Expense Projection*:1,1621,790
* Per $10,000 invested