• FirefoxTry Yahoo Finance on Firefox »
  •  Dow Down3.39% Nasdaq Down4.12%

    American Century One Choice 2020 Instl (ARBSX)

    11.51 Down 0.28(2.37%) Jun 24

    Profile as of May 30, 2016Get Profile for:
    American Century One Choice 2020 Instl
    American Century Asset Alloc Port Inc4500 Main Street 9th FloorKansas City, MO 64111
    Phone: 800-345-2021
    Fund Overview 
    Category:Target-Date 2020
    Fund Family:American Century Investments
    Net Assets:1.85B
    Year-to-Date Return:3.00%
    Morningstar Rating:4 stars
    Fund Inception Date:May 30, 2008
    Morningstar Style Box 
    Target-Date 2020
    [View Category Definition]
    View Top Target-Date 2020 Funds
    About the Morningstar Style Box
    Management Information 
    Radu Gabudean
    Lead Manager since Apr 8, 2013
    Dr. Gabudean, Vice President and Portfolio Manager, has been a member of the team since he joined American Century Investments in 2013. From 2011 until 2013, he was vice president of quantitative investment strategies at Barclays Capital, and from 2007 to 2011 he was vice president of quantitative portfolio modeling at Lehman Brothers/Barclays Capital. He has a bachelor’s degree in economics from York University, Toronto, Canada, and a Ph.D. in finance from New York University, Stern School of Business.
    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
    ARBSX can be purchased from 42 brokerages.

    Fund Summary 
    The investment seeks the highest total return consistent with its asset mix. The fund is a "fund of funds," it invests in other American Century mutual funds (the underlying funds) that represent a variety of asset classes and investment styles. The target date in the fund name (2020) refers to the approximate year an investor plans to retire and likely would stop making new investments in the fund.

    Fund Operations 
    Last Dividend (Dec 29, 2015) : 0.14
    Last Cap Gain : 0.00
    Annual Holdings Turnover (Jun 22, 2016) : 19.00%
    Average for Category:36.91%
    Fees & Expenses 
    ExpenseARBSXCategory Avg
    Annual Report Expense Ratio (net):0.00%0.43%
    Prospectus Net Expense Ratio:0.59%N/A
    Prospectus Gross Expense Ratio:0.59%N/A
    Max 12b1 Fee:N/AN/A
    Max Front End Sales Load:N/A5.19%
    Max Deferred Sales Load: N/A2.16%
    3 Yr Expense Projection*:189539
    5 Yr Expense Projection*:330916
    10 Yr Expense Projection*:7381,791
    * Per $10,000 invested