Featured Funds

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3 Vehicles. One Strategy.

Equities

Emerging Markets Fund

Fundamentally driven stock fund that seeks to outperform its benchmark through investments in accelerating, sustainable growth companies in the world's developing markets.

Equity Income Fund

A large-cap value fund that seeks to deliver higher returns with lower volatility while helping investors balance their needs for income and reducing the risk their savings will run out.

     

Focused Dynamic Growth Fund

A high-conviction, large-cap growth fund that seeks to deliver strong results over time through investments in companies with opportunities to sustain their above-average growth.

Mid Cap Value Fund

A mid-cap portfolio that seeks to deliver higher returns with lower volatility over time through investments in high-quality companies temporarily selling at a discount.

Small Cap Value Fund

A small-cap portfolio that seeks to deliver higher returns with lower volatility over time through investments in high-quality companies temporarily selling at a discount.

Sustainable Equity Fund

A large-cap portfolio that seeks to deliver competitive risk-adjusted performance alongside positive social impacts.

Equity Insights View All

Equity Income Exploration

Equity Income is an actively managed fund that seeks to invest in higher-quality companies temporarily trading at a discount to their fair market value.

Are Stretched Valuations of Big Tech Stocks a Warning?

Fast growth may be enticing but beware ignoring the rest of the market.

Life After the Pandemic

We examine how a sustained shift toward working from home might affect consumer spending habits in the post-pandemic world.

    Fixed Income

    High Income Fund

    An actively managed portfolio of yield-oriented corporate bonds that pursue attractive income and capital appreciation over time.

         

    Short Duration Strategic Income Fund

    An income portfolio that seeks to complement an investor's core bond holdings with high current income, broad diversification and the potential to mitigate the impact of rising rates.

    California High-Yield Municipal Fund

    Offers diversification benefits while pursuing higher income free of federal, state and local taxes, which may be attractive to yield-seeking investors with a greater tolerance for risk. Also seeks to maintain low exposure to the Alternative Minimum Tax (AMT).

    California Intermediate-Term Tax-Free Bond Fund

    Helps preserve wealth and generate income free of state and federal taxes through actively managed positions in investment-grade, intermediate-term municipal bonds. Also seeks to maintain low exposure to the Alternative Minimum Tax (AMT).

    High-Yield Municipal Fund

    Pursues total return and higher current income that is exempt from federal income taxes, which may be attractive to yield-seeking investors with a greater tolerance for risk  Also seeks to maintain low exposure to the Alternative Minimum Tax (AMT).

    Intermediate-Term Tax-Free Bond Fund

    Helps preserve capital and generate income free of federal taxes through actively managed positions in investment-grade, intermediate-term municipal bonds. Also seeks to maintain low exposure to the Alternative Minimum Tax (AMT).

    Fixed Income Insights View All

    Global Bond Market Brief

    We unpack the latest developments to help investors navigate the global bond market.

    High Income for a Low Yield Environment

    As interest rates edge lower, investors or left looking for new sources of income. Used wisely, we believe high-income bonds may fill that need.

    Municipal Bond Valuations: There’s Room to Run

    Munis still have a way to go to reach their pre-COVID-19 spread levels, suggesting the asset class may still offer value.

      Exchange Traded Funds (ETFs)

      ETF offerings

      A diverse line-up of actively managed and rules-based ETFs that integrate fundamental, quantitative and ESG investing into portfolio solutions designed for long-term strategic allocations.

      Exploring ETFs

      Exploring ETFs

      Our experts share ETF best practices, product knowledge and investing insights in our Exploring ETFs Monthly Call Series.

      Target Date

      One Choice® Target Date Portfolios

      A series of target-date funds that provide a single investment in a broadly diversified portfolio designed to help investors build toward the retirement they envision, while reducing the chances their money will run short.

      Blue, green and yellow swirls.

      The Making of a Glide Path

      Learn more about the impact of design decisions on retirement outcomes.

      A One Choice Target Date Portfolio's target date is the approximate year when investors plan to retire or start withdrawing their money. The principal value of the investment is not guaranteed at any time, including at the target date.

      Each target-date One Choice Target Date Portfolio seeks the highest total return consistent with American Century Investments' proprietary asset mix. Over time, the asset mix and weightings are adjusted to be more conservative. In general, as the target year approaches, the portfolio's allocation becomes more conservative by decreasing the allocation to stocks and increasing the allocation to bonds and money market instruments.

      By the time each fund reaches its target year, its target asset mix will become fixed and will match that of One Choice In Retirement Portfolio.

      Exchange Traded Funds (ETFs) are bought and sold through exchange trading at market price, not Net Asset Value (NAV), and are not individually redeemed from the fund. Shares may trade at a premium or discount to their NAV in the secondary market. Brokerage commissions will reduce returns.

      ETFs trade like stocks, fluctuate in market value and may trade at prices above or below the ETF's net asset value. Brokerage commissions and ETF expenses will reduce returns.

      Diversification does not assure a profit nor does it protect against loss of principal.

      Alternative mutual funds generally hold a variety of non-traditional investments, and generally employ more complex trading strategies than traditional mutual funds. Specifically, the fund may invest in, among other securities, lower-rated debt securities; securities backed by other assets (like mortgages or auto loans); companies engaged in the real estate industry; and entities that must invest in energy infrastructure, financial services or real estate to obtain special tax status. The fund may invest in these strategies directly, through short positions (effectively borrowing and then selling a security with a future delivery date in hopes that it will decline in price in the interim), or through other derivatives, such as futures or options.

      Each of these alternative asset classes and investment strategies has unique risks typically making them more suitable for investors with an above average tolerance for risk or longer investment horizon. Specifically, among other risks, lower-rated debt securities may be subject to greater default and liquidity risk; asset-backed securities may be subject to prepayment, credit and default risk; real estate securities may be subject to changes in economic conditions and interest rates; and special tax entities may be subject to a change in tax status and the risks of concentrating in a particular region or industry.

      In addition, these investments may be executed through investment strategies with unique risks. One of the risks of investing through short positions includes that the stock price will go up, exposing the short seller to potentially unlimited price risk. One of the risks of investing in derivatives is volatility. Specifically, derivatives investing can be typically executed for less than investing directly in the underlying asset. Small movements in the underlying asset's price, however, can result in significant volatility in the related derivative investment. In addition, most derivative investments involve a counterparty, which subjects the investment to the credit risk of each counterparty to a derivatives transaction.

      The information is not intended as a personalized recommendation or fiduciary advice and should not be relied upon for, investment, accounting, legal or tax advice.

      Exchange Traded Funds (ETFs): Foreside Fund Services, LLC - Distributor, not affiliated with American Century Investments Services, Inc.