2018 Dividends-Received Deduction for Corporate Investors

Use this to determine your dividends-received deduction for corporate investors.

To determine the amount that qualifies for the 70% dividends-received deduction for corporations, multiply the total ordinary distributions received during calendar year 2018 by the percentage found on the right of the appropriate fund.

Mutual Funds

Fund Name Percentage to Apply to Ordinary Dividends*
AC Alternatives® Disciplined Long Short Fund 0.00%
AC Alternatives® Emerging Opportunities Total Return Fund1 0.00%
AC Alternatives® Equity Market Neutral Fund 9.78%
AC Alternatives® Income Fund 10.21%
AC Alternatives® Market Neutral Value Fund 100.00%
Adaptive Equity Fund 45.11%
Adaptive Small Cap Fund 75.15%
All Cap Growth Fund 0.00%
Balanced Fund 40.50%
Capital Value Fund7 100.00%
Core Equity Plus Fund 100.00%
Disciplined Growth Fund 23.24%
Emerging Markets Debt Fund 0.00%
Emerging Markets Fund 0.00%
Emerging Markets Small Cap Fund 0.00%
Equity Growth Fund 53.19%
Equity Income Fund 75.40%
Focused Dynamic Growth Fund 0.00%
Focused International Growth Fund 0.00%
Global Bond Fund 0.00%
Global Gold Fund 0.00%
Global Growth Fund6 32.35%
Global Real Estate Fund 0.59%
Global Small Cap Fund 0.00%
Growth Fund 100.00%
Heritage Fund 36.85%
High Income Fund 0.45%
High Yield Fund 0.03%
Income & Growth Fund 61.98%
International Bond Fund 0.00%
International Core Equity Fund 0.00%
International Discovery Fund 0.00%
International Growth Fund 0.00%
International Opportunities Fund 0.00%
International Value Fund 0.00%
Large Company Value Fund 91.34%
Mid Cap Value Fund 80.41%
Multi-Asset Income Fund 8.55%
Multi-Asset Real Return Fund 17.08%
NT Core Equity Plus Fund 100.00%
NT Disciplined Growth Fund 28.07%
NT Emerging Markets Fund 0.00%
NT Equity Growth Fund 40.63%
NT Global Real Estate Fund 0.46%
NT Growth Fund 39.50%
NT Heritage Fund 17.81%
NT International Growth Fund 0.00%
NT International Small-Mid Cap Fund 0.00%
NT International Value Fund 0.00%
NT Large Company Value Fund 70.82%
NT Mid Cap Value Fund 59.10%
NT Non-U.S. Intrinsic Value Fund 0.00%
NT Small Company Fund 32.85%
One Choice® 2020 Portfolio 21.51%
One Choice® 2025 Portfolio 22.23%
One Choice® 2030 Portfolio 23.58%
One Choice® 2035 Portfolio 26.20%
One Choice® 2040 Portfolio 28.07%
One Choice® 2045 Portfolio 32.54%
One Choice® 2050 Portfolio 35.46%
One Choice® 2055 Portfolio 36.92%
One Choice® 2060 Portfolio 35.48%
One Choice® In Retirement Portfolio 20.18%
One Choice® Portfolio: Aggressive 27.48%
One Choice® Portfolio: Conservative 17.29%
One Choice® Portfolio: Moderate 23.06%
One Choice® Portfolio: Very Aggressive 40.82%
One Choice® Portfolio: Very Conservative 12.15%
Real Estate Fund 1.22%
Select Fund 100.00%
Short Duration Strategic Income Fund 0.00%
Small Cap Growth Fund 12.78%
Small Cap Value Fund 24.32%
Small Company Fund 38.36%
Strategic Allocation: Aggressive Fund 40.45%
Strategic Allocation: Conservative Fund 23.36%
Strategic Allocation: Moderate Fund 33.77%
Strategic Income Fund 0.00%
Sustainable Equity Fund 100.00%
Ultra® Fund 100.00%
Utilities Fund 100.00%
Value Fund 80.66%

Exchange Traded Funds (ETFs)

Fund Name Percentage to Apply to Ordinary Dividends*
American Century® Diversified Corporate Bond ETF - KORP2 0.00%
American Century® Diversified Municipal Bond ETF - TAXF2 0.00%
American Century® Quality Diversified International ETF - QINT3 0.00%
American Century® STOXX® U.S. Quality Growth ETF - QGRO3, 4, 5 100.00%
American Century® STOXX® U.S. Quality Value ETF - VALQ3, 4, 5 87.45%

ETF shares may be bought or sold throughout the day at their market price, not their Net Asset Value (NAV), on the exchange on which they are listed. Shares of ETFs are tradable on secondary markets and may trade either at a premium or a discount to their NAV on the secondary market.

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.

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

* Ordinary dividends includes net investment income distributions and short-term capital gain distributions.


On August 23, 2019, the AC Alternatives Emerging Opportunities Total Return Fund liquidated.


This fund is an actively managed Exchange Traded Fund (ETF) that does not seek to replicate the performance of a specified index. To determine whether to buy or sell a security, the portfolio managers consider, among other things, various fund requirements and standards, along with economic conditions, alternative investments, interest rates and various credit metrics. If the portfolio manager considerations are inaccurate or misapplied, the fund's performance may suffer.


This fund is not actively managed and the portfolio managers do not attempt to take defensive positions under any market conditions, including declining markets. The portfolio managers also do not generally add or remove a security from the fund until such security is similarly added or removed from the underlying index. Therefore, the fund may hold an underperforming security or not hold an outperforming security until the underlying index reacts. This may result in underperformance compared to the market generally. In addition, there is no assurance that the underlying index will be determined, composed or calculated accurately. While the index provider provides descriptions of what the underlying index is designed to achieve, the index provider does not guarantee the quality, accuracy or completeness of data in respect of its indices, and does not guarantee that the underlying index will be in line with the described index methodology. Gains, losses or costs to the fund caused by errors in the underlying index may therefore be borne by the fund and its shareholders.


STOXX® is a registered trademark of STOXX Ltd.


The STOXX® Index is the intellectual property (including registered trademarks) of STOXX Limited, Zurich, Switzerland ("STOXX"), Deutsche Börse Group or their licensors, which is used under license. The fund is neither sponsored nor promoted, distributed or in any other manner supported by STOXX, Deutsche Börse Group or their licensors, research partners or data providers and STOXX, Deutsche Börse Group and their licensors, research partners or data providers do not give any warranty, and exclude any liability (whether in negligence or otherwise) with respect thereto generally or specifically in relation to any errors, omissions or interruptions in the STOXX® Index or its data.


On November 22, 2019, the Global Growth Fund's name will change to Focused Global Growth Fund.


On October 25, 2019, the Capital Value Fund merged into the Value Fund.

IRS Circular 230 Disclosure: American Century Companies, Inc. and its affiliates do not provide tax advice. Accordingly, any discussion of U.S. tax matters contained herein (including any attachments) is not intended or written to be used, and cannot be used, in connection with the promotion, marketing or recommendation by anyone unaffiliated with American Century Companies, Inc. of any of the matters addressed herein or for the purpose of avoiding U.S. tax-related penalties.

This information is for educational purposes only and is not intended as tax advice. Please consult your tax advisor for more detailed information or for advice regarding your individual situation.