2017 Estimated Distributions

To help with your 2017 tax planning, we've provided estimates of the per-share distributions for many of our funds.1,2 Please keep in mind that the following amounts are estimates and may vary from the actual distributions.

 
As of 10/31/20172
Fund Name Ordinary Income Per Share3 Ordinary Income Pay Date Short-Term Capital Gain Per Share Long-Term Capital Gains Per Share Capital Gain Pay Date4
AC Alternatives® Disciplined Long Short Fund 0.0000 12/26/2017 0 1.3468 12/12/2017
AC Alternatives® Emerging Opportunities Total Return Fund 0.2843 12/19/2017 0.2168 0.0011 12/19/2017
AC Alternatives® Equity Market Neutral Fund 0.0000 12/26/2017 0 0 12/12/2017
AC Alternatives® Income Fund 0.0552 12/26/2017 0 0 12/19/2017
AC Alternatives® Long Short Fund 0.0000 12/19/2017 0.2133 0 12/19/2017
AC Alternatives® Market Neutral Value Fund 0.0000 12/26/2017 0.0826 0.1071 12/12/2017
Adaptive All Cap Fund 0.2376 12/19/2017 0.421 0.9707 12/19/2017
Adaptive Equity Fund 0.0733 12/19/2017 0.2955 0.4737 12/19/2017
All Cap Growth Fund 0.0000 12/19/2017 0 2.7259 12/19/2017
Balanced Fund 0.0730 12/26/2017 0.2672 0.585 12/19/2017
California High-Yield Municipal Fund daily daily 0 0 12/12/2017
California Intermediate-Term Tax-Free Bond Fund daily daily 0 0 12/12/2017
Capital Value Fund 0.1461 12/19/2017 0 0.9002 12/19/2017
Core Equity Plus Fund 0.0508 12/26/2017 0 0.5029 12/12/2017
Core Plus Fund daily daily 0 0 12/12/2017
Disciplined Growth Fund 0.0138 12/26/2017 0.5098 1.5024 12/12/2017
Diversified Bond Fund daily daily 0 0 12/12/2017
Emerging Markets Debt Fund daily daily 0.1736 0.0808 12/19/2017
Emerging Markets Fund 0.0241 12/19/2017 0 0 12/19/2017
Emerging Markets Small Cap Fund 0.0000 12/19/2017 0 0 12/19/2017
Equity Growth Fund 0.0870 12/26/2017 0.737 2.073 12/12/2017
Equity Income Fund 0.0722 12/26/2017 0.2056 0.6787 12/12/2017
Focused Dynamic Growth Fund 0.0000 12/19/2017 0 0 12/19/2017
Focused International Growth Fund 0.0000 12/19/2017 0 0 12/19/2017
Ginnie Mae Fund daily daily 0 0 12/12/2017
Global Bond Fund 0.2247 12/26/2017 0.0115 0.0086 12/19/2017
Global Gold Fund 0.0135 12/26/2017 0 0 12/12/2017
Global Growth Fund 0.0186 12/19/2017 0.1379 1.2526 12/19/2017
Global Real Estate Fund 0.3492 12/19/2017 0 0 12/19/2017
Global Small Cap Fund 0.0000 12/19/2017 0.4082 0.3126 12/19/2017
Government Bond Fund daily daily 0 0 12/12/2017
Growth Fund 0.1106 12/19/2017 0.6971 2.8056 12/19/2017
Heritage Fund 0.0000 12/19/2017 0 2.2273 12/19/2017
High Income Fund daily daily 0.0021 0 12/12/2017
High-Yield Fund daily daily 0 0 12/12/2017
High-Yield Municipal Fund daily daily 0 0 12/12/2017
Income & Growth Fund 0.2226 12/26/2017 0.7889 1.9440 12/12/2017
Inflation-Adjusted Bond Fund 0.1857 12/26/2017 0 0 12/12/2017
Intermediate-Term Tax-Free Bond Fund daily daily 0 0 12/12/2017
International Bond Fund 0.0000 12/26/2017 0 0.0245 12/19/2017
International Core Equity Fund 0.1365 12/19/2017 0 0 12/19/2017
International Discovery Fund 0.0000 12/19/2017 0 0 12/19/2017
International Growth Fund 0.1109 12/19/2017 0 0.6449 12/19/2017
International Opportunities Fund 0.0000 12/19/2017 0.2674 0.7011 12/19/2017
International Value Fund 0.2679 12/19/2017 0 0 12/19/2017
Large Company Value Fund 0.0479 12/26/2017 0.0374 0.2537 12/12/2017
Mid Cap Value Fund 0.0557 12/26/2017 0.1524 1.1849 12/12/2017
Mult-Asset Income Fund 0.1084 12/28/2017 0 0 12/28/2017
Multi-Asset Real Return Fund 0.0748 12/26/2017 0 0 12/12/2017
One Choice® 2020 Portfolio 0.1227 12/28/2017 0.0004 0.0051 12/28/2017
One Choice® 2025 Portfolio 0.1513 12/28/2017 0.0009 0.0042 12/28/2017
One Choice® 2030 Portfolio 0.1423 12/28/2017 0.0001 0.0006 12/28/2017
One Choice® 2035 Portfolio 0.1852 12/28/2017 0.0003 0.0024 12/28/2017
One Choice® 2040 Portfolio 0.1685 12/28/2017 0.0006 0.0007 12/28/2017
One Choice® 2045 Portfolio 0.2159 12/28/2017 0.0004 0.0005 12/28/2017
One Choice® 2050 Portfolio 0.1850 12/28/2017 0.0003 0 12/28/2017
One Choice® 2055 Portfolio 0.1985 12/28/2017 0 0 12/28/2017
One Choice® 2060 Portfolio 0.1732 12/28/2017 0 0 12/28/2017
One Choice® In Retirement Portfolio 0.1227 12/28/2017 0.0005 0.019 12/28/2017
One Choice® Portfolio: Aggressive 0.3205 12/28/2017 0.0146 0.2331 12/28/2017
One Choice® Portfolio: Conservative 0.1490 12/28/2017 0.0067 0.1683 12/28/2017
One Choice® Portfolio: Moderate 0.1885 12/28/2017 0.0093 0.1807 12/28/2017
One Choice® Portfolio: Very Aggressive 0.3058 12/28/2017 0.0167 0.3129 12/28/2017
One Choice® Portfolio: Very Conservative 0.1113 12/28/2017 0.0258 0.1287 12/28/2017
Real Estate Fund 0.1264 12/26/2017 0 1.0662 12/19/2017
Select Fund 0.2157 12/19/2017 0 4.2309 12/19/2017
Short Duration Fund daily daily 0 0 12/12/2017
Short Duration Inflation Protection Bond Fund 0.1232 12/26/2017 0 0 12/12/2017
Short Duration Strategic Income Fund daily daily 0 0 12/12/2017
Short-Term Government Fund daily daily 0 0 12/12/2017
Small Cap Growth Fund 0.0000 12/19/2017 0 0.1153 12/19/2017
Small Cap Value Fund 0.0345 12/26/2017 0.4485 0.7914 12/12/2017
Small Company Fund 0.0000 12/26/2017 0 0.7967 12/12/2017
Strategic Allocation: Aggressive Fund 0.1015 12/19/2017 0.1374 0.5637 12/19/2017
Strategic Allocation: Conservative Fund 0.0380 12/26/2017 0.0608 0.2342 12/19/2017
Strategic Allocation: Moderate Fund 0.0419 12/26/2017 0.1218 0.5352 12/19/2017
Strategic Income Fund daily daily 0 0 12/12/2017
Sustainable Equity Fund 0.2068 12/19/2017 0 0.7388 12/19/2017
Ultra® Fund 0.0834 12/19/2017 0 2.5322 12/19/2017
Utilities Fund 0.1563 12/26/2017 0.1264 0.595 12/12/2017
Value Fund 0.0344 12/26/2017 0.0377 0.4482 12/12/2017
Zero Coupon 2020 Fund 3.4241 12/08/2017 0 0.4005 12/08/2017
Zero Coupon 2025 Fund 3.2346 12/08/2017 0 1.0662 12/08/2017


Note: Money market funds declare dividends daily and distribute income monthly. These funds are expected to make only regular monthly income distributions on December 29, 2017, and are not listed above.

Regulations regarding distributions can be complex, and there are several methods for managing your tax liability. Please consult a tax advisor about your particular circumstances. You also may obtain helpful information by calling the Internal Revenue Service at 1-800-829-1040 or visiting https://www.irs.gov.

Variable Portfolios 2017 Estimated Distributions

As of 10/31/20172
Fund Name Ordinary Income Per Share3 Ordinary Income Pay Date Short-Term Capital Gain Per Share Long-Term Capital Gains Per Share Capital Gain Pay Date4
VP Balanced Fund 0.0209 12/28/2017 0.0724 0.1307 12/28/2017
VP Capital Appreciation Fund 0.0000 12/28/2017 0.0069 1.1534 12/28/2017
VP Growth Fund 0.0088 12/28/2017 0.3218 1.1311 12/28/2017
VP Income & Growth Fund 0.0546 12/28/2017 0 0 N/A
VP Inflation Protection Fund 0.1139 12/28/2017 0 0 N/A
VP International Fund 0.0000 N/A 0 0 N/A
VP Large Company Value Fund 0.0223 12/28/2017 0 0 N/A
VP Mid Cap Value Fund 0.0290 12/28/2017 0 0 N/A
VP Ultra® Fund 0.0000 N/A 0 0 N/A
VP Value Fund 0.0398 12/28/2017 0 0 N/A

 

What are distributions?
There are two types of distributions: income and capital gains. Mutual fund companies must pass along 98% of net investment income and 98.2% capital gains to their shareholders.

  • You will receive income distributions if the securities in your fund pay dividends or interest.
  • You will receive capital gain distributions if the sale of securities within your mutual fund creates a profit. These gains will be designated as short- or long-term based on how long the securities were held in the portfolio, not on when you purchased fund shares.

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Why are some distributions larger than others?
The amount of a distribution can increase when the dividend payments or profits increase. A fund's capital gain distribution, however, is not necessarily a reflection of its overall performance. Because regulations regarding distributions are complex, you may want to consult a tax advisor about your circumstances.

American Century Investments® pays per-share distributions to shareholders invested on the fund's record day4. On the Payable Date, each fund's share price is reduced by the amount of its distribution.

If distributions are paid to your account, you will see them on your fourth quarter statement and for taxable accounts in taxable funds, on the IRS Form 1099-DIV you will receive in January.

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Why do funds pay distributions?
Tax rules require mutual funds to distribute 98% of net investment income and 98.2% capital gains to shareholders each year. The rules also allow mutual funds to offset capital gains with losses carried forward from a prior year.

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When can I expect tax information?
You can view distributions paid in December on your annual account statement, which is sent in early January. If your fund pays a distribution to your taxable account or you have sold shares, we will mail your tax forms by the end of January. For Real Estate Fund and Global Real Estate Fund shareholders, we will mail your Form 1099-DIV/B in late February.

Visit americancentury.com mid-December for more tax-time information.

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1 Dividend income estimates for income funds that declare distributions daily are not generally listed, although they may pay distributions. In addition, some stock funds in the chart may show no estimated distributions at this time. However, please keep in mind that this may change.

2 The estimates provided are as of October 31, 2017. Keep in mind that market conditions, portfolio changes and/or changes in outstanding fund shares could affect these estimates substantially. In addition, there is a possibility that funds not listed above could be eligible to pay a capital gains distribution. This information is not final and is subject to change until the ex-dividend date.

3 The estimates in this chart do not reflect calculations for Qualified Dividends. However, those calculations, if applicable, will appear on Form 1099-DIV sent in late January 2018.

4 Per-share distributions are paid to investors who are shareholders of record with American Century Investments the business day before the payable date.

American Century Investments Variable Portfolio Funds (VP Funds) are a series of investment choices available exclusively through variable annuity and variable universal life products. There are no plans to distribute VP Funds in any other way. Performance will vary based on the fees and expenses assessed with investments in variable insurance products. Those charges are disclosed in the separate account prospectus.