Multi-Asset Income Fund

Summary

Loading Daily NAV data...

FUND FACTS

Loading Fund Facts data...

Expenses and Dividends

Loading Expenses and Dividends data...

Morningstar helpIcon

For each fund with at least a three-year history, Morningstar calculates a Morningstar Rating™ based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund's monthly performance, placing more emphasis on downward variations and rewarding consistent performance. Morningstar ratings are based upon Investor class of shares, unless otherwise indicated. The top 10% of funds in each category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars and the bottom 10% receive 1 star. (Each share class is counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) The Overall Morningstar Rating™ for a fund is derived from a weighted average of the performance figures associated with its three-, five- and ten-year (if applicable) Morningstar Rating™ metrics. Past performance is no guarantee of future results.
Loading Morningstar data ...

Lipper Rankings

Loading Lipper data...

FUND DOCUMENTS & RESOURCES

Loading Fund Documents data...

 

More Information


      2015 Tax Form 8937 
 

Investment Objective

The fund seeks income. Long-term capital appreciation is a secondary objective.

Risk & Additional Details

Goal & Strategy

Current income with long-term capital appreciation a secondary objective.

Characteristics

Invests in a broad range of U.S. and foreign income oriented equity and fixed-income securities. Seeks diversification across markets, industries, and issuers to reduce volatility.

Performance

  • CUMULATIVE
  • Average annual total returns illustrate the annual compounded returns that would have produced the cumulative total return if the fund's performance had remained constant throughout the period indicated. Returns for periods less than one year are not annualized.

    For periods prior to the inception of a class, performance is for the oldest class, restated with applicable fees, if any.

    Cumulative

    Loading Cumulative Performance data...
  • CALENDAR YEAR
  • Calendar Year

    Loading Calendar Year Returns data...
  • YIELDS
  • Yields

    Loading Yields data ...

  • RISK/RETURNS
  • Risk/Returns

    Loading Risk and Returns data...

    Composition

    • INVESTMENT BLEND
    • Investment Blend

    • SECTOR WEIGHTINGS
    • Sector Weightings

    • QUALITY
    • Quality

      Loading Quality data...

      Geography

      • TOP COUNTRIES
      • Top Countries

      • TOP REGIONS
      • Top Regions

        Management

        Richard Weiss

        Richard Weiss

        Chief Investment Officer - Multi-Asset Strategies, Senior Vice President and Senior Portfolio Manager

        Scott Wilson, CFA

        Scott Wilson

        Vice President, Portfolio Manager

        Radu Gabudean, Ph.D.

        Radu Gabudean

        Vice President, Portfolio Manager

        Vidya Rajappa, CFA

        Vidya Rajappa

        Vice President, Portfolio Manager

        John Donner

        John Donner

        Portfolio Manager and Senior Quantitative Analyst

        Data reflects past performance, assumes reinvestment of dividends and capital gains and is no guarantee of future results. Current performance may be higher or lower than data shown. Investment return and principal value fluctuates. Redemption value may be more or less than original cost. Obtain performance data current to the most recent month end.

        The advisor will waive a portion of the fund's management fee equal to the expenses attributable to the management fees of the American Century funds in which the fund invests. The amount of this waiver will fluctuate depending on the fund's daily allocations to other American Century funds. This waiver, which is based on estimated amounts for the current fiscal year, is expected to remain in effect permanently, and it cannot be terminated without the approval of the Board of Directors.

        The advisor has also agreed to waive an additional .07% of the management fee, which is expected to continue until April 19, 2019, and cannot be terminated without the approval of the Board of Directors.

        Investment return and principal value of security investments will fluctuate. The value at the time of redemption may be more or less than the original cost. Past performance is no guarantee of future results.

        B

        Please see the prospectus for details about sales charges.

        C

        Net expense ratio is the total annual operating expense ratio for the fund, net of any fee waivers or expense reimbursements. Gross expense ratio is the total annual operating expense ratio for the fund, gross of any fee waivers or expense reimbursements. Expense ratios are as of the funds' most current prospectus. This is the actual ratio that investors paid during the fund's most recent fiscal year.

        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.

        Lipper rankings are based on average annual total returns. Portions of the mutual fund performance information contained on this page were supplied by Lipper, a Thomson Reuters Company, subject to the following: Copyright 2018 © Thomson Reuters. All rights reserved. Any copying, republication or redistribution of Lipper content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Lipper. Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. Performance data is preliminary and subject to revision. Rankings are based on all classes available within the classification as of the date shown. Rankings are based only on the universe shown.

        ©2018 Morningstar, Inc. All Rights Reserved. Certain information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.

        For detailed descriptions of indices or investing terms referenced above, refer to our glossary.