Pricing Options & Breakpoints

Payment schedule
12b-1 payments are made to your firm's back-office on a quarterly basis around the 15th of the month following a calendar quarter end. These payments are available to your firm electronically via ACH/Wire, or through the NSCC (if applicable). Electronic delivery via secure email of your 12b-1 statements are also available. You may contact the American Century Intermediary Payments Team at 877-923-6887 for questions regarding 12b-1 payments and to sign up for electronic payments and statements.

To provide you with more flexible options, we offer multiple share classes for many of our funds. Although each class of the fund's shares represent an interest in the same fund, each has a different cost structure, as described in the class tabs below. Which class is right for you and your client depends on many factors, including how long your client plans to hold the shares, and how much will be invested, the fee structure of each class, and how you wish to be compensated.

The following classes are available:

A Class shares are available for purchase through broker-dealers and other financial intermediaries. These shares are purchased at the offering price, carry an initial sales charge and an ongoing distribution and service (12b-1) fee. The sales charge decreases with the size of the purchase, and may be reduced or eliminated in certain situations. See below for a full description of the breakpoints, reductions and waivers that may be available through financial intermediaries in certain types of accounts or products.

Equity Funds1

Purchase Amount Sales Charge
as a % of Offering Price
Dealer Commission
as a % of Offering Price
Less than $50,000 5.75% 5.00%
$50,000 - $99,999 4.75% 4.00%
$100,000 - $249,999 3.75% 3.25%
$250,000 - $499,999 2.50% 2.00%
$500,000 - $999,999 2.00% 1.75%
$1,000,000 - $3,999,9992 0.00% 1.00%
$4,000,000 - $9,999,9992 0.00% 0.50%
> $10,000,0002 0.00% 0.25%


Fixed Income Schedule I 3

Purchase Amount Sales Charge
as a % of Offering Price
Dealer Commission
as a % of Offering Price
Less than $100,000 4.50% 4.00%
$100,000 - $249,999 3.50% 3.00%
$250,000 - $499,999 2.50% 2.00%
$500,000 - $999,999 2.00% 1.75%
$1,000,000 - $3,999,9992 0.00% 0.75%
$4,000,000 - $9,999,9992 0.00% 0.50%
$10,000,000 or more2 0.00% 0.25%


Fixed Income Schedule II 4

Purchase Amount Sales Charge
as a % of Offering Price
Dealer Commission
as a % of Offering Price
Less than $100,000 2.25% 2.00%
$100,000 - $249,999 1.75% 1.50%
$250,000 - $499,999 1.50% 1.25%
$500,000 - $3,999,9995 0.00% 0.75%
$4,000,000 - $9,999,9995 0.00% 0.50%
$10,000,000 ore more5 0.00% 0.25%


Other Fees & Charges - Equity and Fixed Income

Description
Amount
12b-1 fee6 0.25%
Contingent Deferred Sales Charge (CDSC)2,3 
(purchases >$1MM redeemed within 1 year of purchase)
1.00%
Contingent Deferred Sales Charge (CDSC)5
(purchases >$500,000 redeemed within 1 year of purchase)
1.00%
Management fee Varies by fund


Waivers

The initial sales charge on A Class shares may be waived for the following reasons:

  • Purchases by registered representatives and other employees of certain financial intermediaries (and their immediate family members, which includes their spouse or domestic partner and children, parents or step-parents of them, their spouse or domestic partner) having selling agreements with American Century Investments.
  • Broker-dealer sponsored wrap program accounts and/or fee-based accounts maintained for clients of certain financial intermediaries who have entered into selling agreements with American Century Investments.
  • Purchases in accounts of financial intermediaries that have entered into a selling agreement with American Century Investments that allows for the waiver of the sales charge in brokerage accounts that may or may not charge a transaction fee.
  • Current officers, directors and employees of American Century Investments.
  • Certain group employer-sponsored retirement plans, where plan level or omnibus accounts are held with the fund, or shares are purchased by certain retirement plans that are part of a retirement plan or platform offered by banks, broker-dealers, financial advisors or insurance companies, or serviced by retirement recordkeepers. For purposes of this waiver, employer-sponsored retirement plans do not include SEP IRAs, SIMPLE IRAs or SARSEPs. However, SEP, SIMPLE or SARSEP IRA retirement plans that (i) held shares of an A Class fund prior to March 1, 2009, that received sales charge waivers or (ii) held shares of an Advisor Class fund that was renamed A Class on March 1, 2010, may permit additional purchases by new and existing participants in A Class shares without an initial sales charge Refer to Buying and Selling Fund Shares in the statement of additional information.
  • Purchases of additional shares in accounts that held shares of an Advisor Class that was renamed A Class on either September 4, 2007, December 3, 2007 or March 1, 2010. However, if you close your account or if you transfer your account to another financial intermediary, future purchases of A Class shares of a fund may not receive a sales charge waiver.

An investor who receives a sales charge waiver for purchases of fund shares through a financial intermediary may become ineligible to receive such waiver if the nature of the investor's relationship with and/or the services from the financial intermediary changes. Please consult with your financial professional for further details.

Reductions of Sales Charges for A Class

A reduction of certain sales charges may apply if information, including the account numbers of any accounts to be aggregated, is provided at the time of purchase. If assets are held among multiple intermediaries, notification of accounts to be aggregated must be provided at the time of purchase.

Individuals and immediate family members (spouse and children younger than 21) may combine investments in any share classes (excluding certain assets in money market accounts, but including, beginning January 1, 2011, account assets invested in Qualified Tuition Programs under Section 529) to reduce the A Class sales charge in the following ways:

Account Aggregation

Investments made by individuals and immediate family may be aggregated at each account's current market value if made for individual account(s) and/or certain other accounts, such as:

  • Certain trust accounts
  • Solely controlled business accounts
  • Single-participant retirement plans
  • Endowments or foundations established and controlled by the investor or an immediate family member

For purposes of aggregation, only investments made through individual-level accounts may be combined. Assets held in multiple participant employer-sponsored retirement plans may be aggregated at a plan level.

Concurrent Purchases

Combine simultaneous purchases in any share classes to qualify for a reduced A Class sales charge.

Rights of Accumulation

Combine the current value of all existing holdings, less any commissionable shares in the money market funds, in any share classes to qualify for a reduced A Class sales charge.

Letter of Intent

A Letter of Intent allows investors to combine all purchases of any share classes of any American Century Investments fund you intend to make over a 13-month period to determine the applicable sales charge, except for purchases in the A or C Class of money market funds. At the investor's request, existing holdings may be combined with new purchases and sales charge amounts may be adjusted for purchases made within 90 days prior to the receipt of the Letter of Intent. Capital appreciation, capital gains and reinvested dividends earned during the Letter of Intent period do not apply toward its completion. A portion of the investor's account will be held in escrow to cover additional A Class sales charges that will be due if the total investments over the 13-month period do not qualify for the applicable sales charge reduction.

Employer-sponsored retirement plans

Certain employer-sponsored retirement plans are eligible to purchase Investor, Institutional, A, Advisor, C, R and R6 Class shares at net asset value with no dealer commission paid to the financial professional. Class A and C shares are purchased with no dealer concession or CDSC in group employer-sponsored retirement plans, that hold a single account for all plan participants with the fund, or shares are purchased by certain retirement plans that are part of a retirement plan or platform offered by banks, broker-dealers, financial advisors or insurance companies, or serviced by plan recordkeepers. A, Advisor, C and R Class shares purchased in employer-sponsored retirement plans are subject to applicable distribution and service (12b-1) fees, which the financial intermediary begins receiving immediately at the time of the purchase. There is no plan size or participant number requirement by class.

Employer-sponsored retirement plans held in brokerage accounts whether a single account for all plan participants with the Fund or multiple accounts for each plan participant are eligible to purchase Investor, Institutional, A, Advisor and C class shares. For those retirement plans a dealer commission will be paid to the financial professional on all purchases in A and C classes unless an applicable waiver applies. In addition, any purchase in A and C classes will be subject to a contingent deferred sales charge (CDSC). Examples of group employer-sponsored retirement plan definitions are listed in the Statement of Additional Information.

Moving between shares classes and accounts

You may move your investment between share classes (within the same fund or between different funds) in certain circumstances deemed appropriate by American Century Investments. You also may move investments held in certain accounts to a different type of account if you meet certain criteria.

1This schedule is for all equity funds and also includes Multi-Asset Income, Multi-Asset Real Return, Strategic Allocation funds, One Choice funds and AC Alternatives funds.

2 There is no front-end sales charge for purchases of $1,000,000 or more, but if you redeem your shares within one year of purchase you will be a deferred sales charge of 1.00% of the lower of the original purchase price or the current value at redemption, subject to the waivers listed below. No sales charge applies to reinvested dividends. No dealer commission will be paid for purchases by certain employer-sponsored retirement plans. For this purpose, employer-sponsored retirement plans do not include SEP IRA, SIMPLE IRA OR SARSEPs.

3 This schedule is for all fixed income funds, except those referred in Schedule II. 

4 This schedule is for Short Duration, Short Duration Inflation Protection Bond, Short Duration Strategic Income and Short-Term Govenment.

5 There is no front-end sales charge for purchases of $500,000 or more, but if you redeem your shares within one year of purchase you will be a deferred sales charge of 1.00% of the lower of the original purchase price or the current value at redemption, subject to the waivers listed below. No sales charge applies to reinvested dividends. No dealer commission will be paid for purchases by certain employer-sponsored retirement plans. For this purpose, employer-sponsored retirement plans do not include SEP IRA, SIMPLE IRA OR SARSEPs.

6 Entire amount paid to broker-dealer of record as a trailing commission (on a quarterly basis).

Money Market Fund: You could lose money by investing in the fund. Although the fund seeks to preserve the value of your investment at $1 per share, it cannot guarantee it will do so. The fund may impose a fee upon sale of your shares or may temporarily suspend your ability to sell shares if the fund's liquidity falls below required minimums because of market conditions or other factors. An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The fund's sponsor has no legal obligation to provide financial support to the fund, and you should not expect that the sponsor will provide financial support to the fund at any time.

Refer to Fund Minimums and Purchase Guidelines for Employer-Sponsored Retirement Plans for additional eligibility information.

Only Investor Class shares are made available to investors directly. Advisor, A, C, I, and Y Classes of shares are only available for purchase by institutions or other financial intermediaries. R, R5, and R6 Classes of shares are only available for purchase by group employer-sponsored retirement plans. Review definitions and minimums for all share classes.