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EQUITY INCOME FUND
mutual fund
AEURX
Payout Change
Pending
Price as of:
$8.35
+0.04
+0.48%
primary theme
U.S. Large-Cap Value Equity
AEURX (Mutual Fund)
EQUITY INCOME FUND
Payout Change
Pending
Price as of:
$8.35
+0.04
+0.48%
primary theme
U.S. Large-Cap Value Equity
AEURX (Mutual Fund)
EQUITY INCOME FUND
Payout Change
Pending
Price as of:
$8.35
+0.04
+0.48%
primary theme
U.S. Large-Cap Value Equity
Name
As of 12/24/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
10.6%
1 yr return
10.7%
3 Yr Avg Return
3.7%
5 Yr Avg Return
5.2%
Net Assets
$8.21 B
Holdings in Top 10
26.8%
52 WEEK LOW AND HIGH
$8.3
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.43%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 24.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,500
IRA
$1,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/24/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
AEURX - Profile
Distributions
- YTD Total Return 10.6%
- 3 Yr Annualized Total Return 3.7%
- 5 Yr Annualized Total Return 5.2%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.33%
- Dividend Yield 2.6%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameEQUITY INCOME FUND
-
Fund Family NameAmerican Century Investments
-
Inception DateAug 29, 2003
-
Shares Outstanding4769391
-
Share ClassR
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerPhillip Davidson
Fund Description
The portfolio managers look for equity securities of companies with a favorable income-paying history that have prospects for income payments to continue or increase. The portfolio managers also look for equity securities of companies that they believe are undervalued and have the potential for an increase in price. To identify these undervalued companies, the portfolio managers look for companies with earnings, cash flows and/or assets that may not be reflected in the companies’ stock prices or may be outside the companies’ historical ranges. The portfolio managers use a variety of analytical research tools and techniques to help them make decisions about buying or holding securities of companies that meet their investment criteria and selling the securities of companies that do not.
The fund may invest a portion of its assets in foreign securities when these securities meet the portfolio managers’ standards of selection.
Under normal market conditions, the portfolio managers will invest at least 80% of the fund’s net assets in equity securities (including equity-equivalent securities, such as convertible securities) regardless of the movement of stock prices generally.
The portfolio managers may sell stocks from the fund’s portfolio if they believe a stock no longer meets their valuation criteria, a stock’s risk parameters outweigh its return opportunity, more attractive alternatives are identified or specific events alter a stock’s prospects.
AEURX - Performance
Return Ranking - Trailing
| Period | AEURX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 10.6% | -32.7% | 51.5% | 81.63% |
| 1 Yr | 10.7% | -32.4% | 51.6% | 83.13% |
| 3 Yr | 3.7%* | -9.5% | 17.8% | 88.50% |
| 5 Yr | 5.2%* | -2.1% | 43.8% | 95.28% |
| 10 Yr | 7.2%* | 1.2% | 24.7% | 79.92% |
* Annualized
Return Ranking - Calendar
| Period | AEURX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | -3.9% | -16.9% | 46.1% | 95.03% |
| 2022 | -11.0% | -64.7% | 4.6% | 41.54% |
| 2021 | 9.1% | -44.2% | 57.5% | 78.35% |
| 2020 | -1.2% | -23.2% | 285.0% | 56.93% |
| 2019 | 15.5% | -21.4% | 48.5% | 77.15% |
Total Return Ranking - Trailing
| Period | AEURX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 10.6% | -32.7% | 51.5% | 81.63% |
| 1 Yr | 10.7% | -32.4% | 51.6% | 83.13% |
| 3 Yr | 3.7%* | -9.5% | 17.8% | 88.50% |
| 5 Yr | 5.2%* | -2.1% | 43.8% | 95.28% |
| 10 Yr | 7.2%* | 1.2% | 24.7% | 79.92% |
* Annualized
Total Return Ranking - Calendar
| Period | AEURX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 3.4% | -15.9% | 46.7% | 94.28% |
| 2022 | -3.6% | -42.0% | 8.5% | 30.89% |
| 2021 | 16.3% | 3.6% | 129.7% | 97.75% |
| 2020 | 0.5% | -22.6% | 304.8% | 73.19% |
| 2019 | 23.6% | -12.7% | 52.1% | 72.91% |
NAV & Total Return History
AEURX - Holdings
Concentration Analysis
| AEURX | Category Low | Category High | AEURX % Rank | |
|---|---|---|---|---|
| Net Assets | 8.21 B | 2.09 M | 163 B | 16.28% |
| Number of Holdings | 120 | 2 | 1727 | 26.94% |
| Net Assets in Top 10 | 2.09 B | 466 K | 39.5 B | 16.37% |
| Weighting of Top 10 | 26.78% | 4.4% | 99.1% | 55.48% |
Top 10 Holdings
- Johnson Johnson 5.30%
- Medtronic PLC 3.90%
- Enterprise Products Partners LP 2.65%
- Norfolk Southern Corp 2.52%
- Becton Dickinson Co 2.37%
- UnitedHealth Group Inc 2.24%
- Exxon Mobil Corp 2.22%
- JPMorgan Chase Co 1.91%
- Verizon Communications Inc 1.91%
- Kenvue Inc 1.76%
Asset Allocation
| Weighting | Return Low | Return High | AEURX % Rank | |
|---|---|---|---|---|
| Stocks | 80.41% | 4.16% | 102.49% | 99.06% |
| Preferred Stocks | 9.81% | 0.00% | 13.68% | 0.84% |
| Bonds | 7.94% | 0.00% | 97.99% | 1.78% |
| Convertible Bonds | 1.60% | 0.00% | 3.66% | 1.50% |
| Other | 1.56% | -2.59% | 39.89% | 6.45% |
| Cash | 1.18% | 0.00% | 17.28% | 59.68% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | AEURX % Rank | |
|---|---|---|---|---|
| Healthcare | 17.03% | 0.00% | 30.08% | 57.22% |
| Financial Services | 16.98% | 0.00% | 58.05% | 72.90% |
| Consumer Defense | 15.83% | 0.00% | 34.10% | 4.91% |
| Industrials | 12.90% | 0.00% | 42.76% | 30.31% |
| Technology | 9.24% | 0.00% | 54.02% | 62.04% |
| Utilities | 9.02% | 0.00% | 27.04% | 9.82% |
| Energy | 7.65% | 0.00% | 54.00% | 52.88% |
| Communication Services | 4.17% | 0.00% | 26.58% | 73.56% |
| Basic Materials | 3.86% | 0.00% | 20.01% | 37.77% |
| Consumer Cyclical | 2.49% | 0.00% | 22.74% | 93.01% |
| Real Estate | 0.83% | 0.00% | 90.54% | 75.07% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | AEURX % Rank | |
|---|---|---|---|---|
| US | 73.15% | 4.16% | 102.49% | 98.78% |
| Non US | 7.27% | 0.00% | 24.08% | 9.17% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | AEURX % Rank | |
|---|---|---|---|---|
| Corporate | 83.85% | 0.00% | 100.00% | 3.85% |
| Cash & Equivalents | 1.18% | 0.00% | 100.00% | 53.23% |
| Securitized | 0.00% | 0.00% | 40.38% | 49.70% |
| Municipal | 0.00% | 0.00% | 0.02% | 49.70% |
| Government | 0.00% | 0.00% | 100.00% | 50.99% |
| Derivative | -0.01% | -2.59% | 7.87% | 92.05% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | AEURX % Rank | |
|---|---|---|---|---|
| US | 7.94% | 0.00% | 88.60% | 1.78% |
| Non US | 0.00% | 0.00% | 9.39% | 49.20% |
AEURX - Expenses
Operational Fees
| AEURX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.43% | 0.03% | 14.82% | 19.62% |
| Management Fee | 0.92% | 0.00% | 1.50% | 95.97% |
| 12b-1 Fee | 0.50% | 0.00% | 1.00% | 68.07% |
| Administrative Fee | N/A | 0.00% | 0.50% | N/A |
Sales Fees
| AEURX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 1.00% | 5.75% | N/A |
| Deferred Load | N/A | 0.95% | 5.00% | N/A |
Trading Fees
| AEURX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| AEURX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 24.00% | 0.00% | 488.00% | 32.68% |
AEURX - Distributions
Dividend Yield Analysis
| AEURX | Category Low | Category High | AEURX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 2.62% | 0.00% | 16.67% | 13.20% |
Dividend Distribution Analysis
| AEURX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Quarterly | Annual | Quarterly | Quarterly |
Net Income Ratio Analysis
| AEURX | Category Low | Category High | AEURX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.33% | -1.51% | 4.28% | 51.05% |
Capital Gain Distribution Analysis
| AEURX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 17, 2024 | $0.054 | OrdinaryDividend |
| Dec 17, 2024 | $0.014 | CapitalGainShortTerm |
| Dec 17, 2024 | $0.718 | CapitalGainLongTerm |
| Sep 17, 2024 | $0.034 | OrdinaryDividend |
| Mar 19, 2024 | $0.031 | OrdinaryDividend |
| Dec 19, 2023 | $0.046 | OrdinaryDividend |
| Dec 19, 2023 | $0.009 | CapitalGainShortTerm |
| Dec 19, 2023 | $0.453 | CapitalGainLongTerm |
| Sep 19, 2023 | $0.040 | OrdinaryDividend |
| Jun 20, 2023 | $0.054 | OrdinaryDividend |
| Mar 21, 2023 | $0.030 | OrdinaryDividend |
| Dec 21, 2022 | $0.052 | OrdinaryDividend |
| Dec 21, 2022 | $0.081 | CapitalGainShortTerm |
| Dec 21, 2022 | $0.484 | CapitalGainLongTerm |
| Sep 20, 2022 | $0.034 | OrdinaryDividend |
| Jun 21, 2022 | $0.049 | OrdinaryDividend |
| Mar 22, 2022 | $0.022 | OrdinaryDividend |
| Dec 21, 2021 | $0.527 | OrdinaryDividend |
| Sep 21, 2021 | $0.027 | OrdinaryDividend |
| Jun 22, 2021 | $0.053 | OrdinaryDividend |
| Mar 23, 2021 | $0.017 | OrdinaryDividend |
| Dec 22, 2020 | $0.037 | OrdinaryDividend |
| Sep 22, 2020 | $0.035 | OrdinaryDividend |
| Jun 16, 2020 | $0.053 | OrdinaryDividend |
| Mar 10, 2020 | $0.014 | OrdinaryDividend |
| Dec 20, 2019 | $0.050 | OrdinaryDividend |
| Dec 20, 2019 | $0.153 | CapitalGainShortTerm |
| Dec 20, 2019 | $0.314 | CapitalGainLongTerm |
| Sep 17, 2019 | $0.030 | OrdinaryDividend |
| Jun 18, 2019 | $0.052 | OrdinaryDividend |
| Mar 19, 2019 | $0.028 | OrdinaryDividend |
| Dec 20, 2018 | $0.040 | OrdinaryDividend |
| Dec 11, 2018 | $0.054 | CapitalGainShortTerm |
| Dec 11, 2018 | $0.416 | CapitalGainLongTerm |
| Sep 18, 2018 | $0.030 | OrdinaryDividend |
| Jun 19, 2018 | $0.040 | OrdinaryDividend |
| Mar 20, 2018 | $0.020 | OrdinaryDividend |
| Dec 26, 2017 | $0.038 | OrdinaryDividend |
| Dec 12, 2017 | $0.228 | CapitalGainShortTerm |
| Dec 12, 2017 | $0.670 | CapitalGainLongTerm |
| Sep 19, 2017 | $0.026 | OrdinaryDividend |
| Jun 20, 2017 | $0.041 | OrdinaryDividend |
| Mar 21, 2017 | $0.016 | OrdinaryDividend |
| Dec 27, 2016 | $0.042 | OrdinaryDividend |
| Dec 13, 2016 | $0.114 | CapitalGainShortTerm |
| Dec 13, 2016 | $0.408 | CapitalGainLongTerm |
| Sep 20, 2016 | $0.027 | OrdinaryDividend |
| Jun 21, 2016 | $0.040 | OrdinaryDividend |
| Mar 15, 2016 | $0.019 | OrdinaryDividend |
| Dec 28, 2015 | $0.055 | OrdinaryDividend |
| Dec 08, 2015 | $0.041 | CapitalGainShortTerm |
| Dec 08, 2015 | $0.590 | CapitalGainLongTerm |
| Sep 08, 2015 | $0.045 | OrdinaryDividend |
| Jun 09, 2015 | $0.042 | OrdinaryDividend |
| Mar 10, 2015 | $0.020 | OrdinaryDividend |
| Dec 23, 2014 | $0.052 | OrdinaryDividend |
| Dec 09, 2014 | $0.112 | CapitalGainShortTerm |
| Dec 09, 2014 | $0.550 | CapitalGainLongTerm |
| Sep 09, 2014 | $0.038 | OrdinaryDividend |
| Jun 10, 2014 | $0.062 | OrdinaryDividend |
| Mar 11, 2014 | $0.020 | OrdinaryDividend |
| Dec 23, 2013 | $0.052 | OrdinaryDividend |
| Dec 06, 2013 | $0.105 | CapitalGainShortTerm |
| Dec 06, 2013 | $0.444 | CapitalGainLongTerm |
| Sep 10, 2013 | $0.039 | OrdinaryDividend |
| Jun 11, 2013 | $0.042 | OrdinaryDividend |
| Mar 12, 2013 | $0.029 | OrdinaryDividend |
| Dec 26, 2012 | $0.047 | OrdinaryDividend |
| Dec 07, 2012 | $0.082 | CapitalGainLongTerm |
| Sep 18, 2012 | $0.045 | OrdinaryDividend |
| Jun 12, 2012 | $0.052 | OrdinaryDividend |
| Mar 13, 2012 | $0.016 | OrdinaryDividend |
| Dec 27, 2011 | $0.054 | OrdinaryDividend |
| Sep 20, 2011 | $0.043 | OrdinaryDividend |
| Jun 14, 2011 | $0.041 | OrdinaryDividend |
| Mar 22, 2011 | $0.019 | OrdinaryDividend |
| Dec 28, 2010 | $0.057 | OrdinaryDividend |
| Sep 21, 2010 | $0.055 | OrdinaryDividend |
| Jun 15, 2010 | $0.041 | OrdinaryDividend |
| Mar 23, 2010 | $0.021 | OrdinaryDividend |
| Dec 29, 2009 | $0.044 | OrdinaryDividend |
| Sep 15, 2009 | $0.032 | OrdinaryDividend |
| Jun 16, 2009 | $0.036 | OrdinaryDividend |
| Mar 17, 2009 | $0.034 | OrdinaryDividend |
| Dec 31, 2008 | $0.015 | ExtraDividend |
| Dec 29, 2008 | $0.056 | OrdinaryDividend |
| Sep 16, 2008 | $0.042 | OrdinaryDividend |
| Jun 17, 2008 | $0.052 | OrdinaryDividend |
| Mar 18, 2008 | $0.037 | OrdinaryDividend |
| Dec 28, 2007 | $0.073 | OrdinaryDividend |
| Dec 11, 2007 | $0.422 | CapitalGainShortTerm |
| Dec 11, 2007 | $0.309 | CapitalGainLongTerm |
| Sep 11, 2007 | $0.039 | OrdinaryDividend |
| Jun 12, 2007 | $0.044 | OrdinaryDividend |
| Mar 13, 2007 | $0.013 | OrdinaryDividend |
| Dec 27, 2006 | $0.067 | OrdinaryDividend |
| Dec 12, 2006 | $0.274 | CapitalGainShortTerm |
| Dec 12, 2006 | $0.275 | CapitalGainLongTerm |
| Sep 12, 2006 | $0.031 | OrdinaryDividend |
| Jun 13, 2006 | $0.020 | OrdinaryDividend |
| Mar 14, 2006 | $0.035 | OrdinaryDividend |
| Dec 28, 2005 | $0.042 | OrdinaryDividend |
| Dec 06, 2005 | $0.151 | CapitalGainShortTerm |
| Dec 06, 2005 | $0.172 | CapitalGainLongTerm |
| Sep 13, 2005 | $0.038 | OrdinaryDividend |
| Jun 14, 2005 | $0.023 | OrdinaryDividend |
| Mar 15, 2005 | $0.023 | OrdinaryDividend |
| Dec 28, 2004 | $0.027 | OrdinaryDividend |
| Dec 07, 2004 | $0.206 | CapitalGainShortTerm |
| Dec 07, 2004 | $0.216 | CapitalGainLongTerm |
| Sep 14, 2004 | $0.037 | OrdinaryDividend |
| Jun 15, 2004 | $0.059 | OrdinaryDividend |
| Mar 16, 2004 | $0.033 | OrdinaryDividend |
| Dec 31, 2003 | $0.060 | OrdinaryDividend |
| Dec 09, 2003 | $0.091 | CapitalGainShortTerm |
| Dec 09, 2003 | $0.019 | CapitalGainLongTerm |
| Sep 16, 2003 | $0.041 | OrdinaryDividend |
AEURX - Fund Manager Analysis
Managers
Phillip Davidson
Start Date
Tenure
Tenure Rank
Dec 31, 1994
27.43
27.4%
Mr. Davidson, CFA, is a senior vice president and executive portfolio manager for American Century Investments. Prior to joining American Century in 1993, Phil was vice president and equity portfolio manager for Boatmen’s Trust Company in St. Louis. During his 11 years at Boatmen’s, he specialized in the management of institutional equity accounts using a value-oriented investment style. He has worked in the financial industry since 1980. Phil holds a bachelor’s degree in business administration and a master’s degree in finance from Illinois State University.
Michael Liss
Start Date
Tenure
Tenure Rank
Dec 31, 1998
23.43
23.4%
Michael Liss, CFA, is Vice President and Senior Portfolio Manager of American Century. Mr. Liss has been with American Century since 1998. He holds a bachelor’s degree in accounting and finance from Albright College and an MBA in finance from Indiana University.
Kevin Toney
Start Date
Tenure
Tenure Rank
Aug 30, 2003
18.76
18.8%
Kevin Toney, CFA, CIO, senior vice president and senior portfolio manager for American Century Investments, joined the company in 1999 as an investment analyst and became a portfolio manager in 2006. Kevin is responsible for the teams that manage the company’s value and real estate equity strategies that comprise the firm’s Global Value Equity discipline. Before joining American Century Investments, Kevin was an associate in the M&A group of Toronto Dominion Securities. He has worked in the investment industry since 1993.
Brian Woglom
Start Date
Tenure
Tenure Rank
Apr 29, 2019
3.09
3.1%
Brian is a member of the team of investment professionals managing the U.S. Value Yield, U.S. Value, U.S. Large Cap Value, U.S. Mid Cap Value and U.S. Equity Market Neutral Value strategies and related accounts, and he co-manages U.S. Large Cap Value, U.S. Value, U.S. Mid Cap Value and U.S. Equity Market Neutral Value. He joined American Century Investments in 2005. Previously, Brian was an investment analyst for Argo Partners and an analyst for the portfolio management unit of Metropolitan Life Insurance Co. He has worked in the investment industry since 1998. Brian earned a bachelor's degree in economics from Amherst College and a master’s degree in business administration from the University of Michigan. He is a CFA® charterholder and a member of the CFA Institute.
Paul Howanitz
Start Date
Tenure
Tenure Rank
Feb 19, 2022
0.28
0.3%
Mr. Howanitz, Portfolio Manager and Senior Investment Analyst, has been a member of the team that manages the fund since joining American Century in 2015 as an analyst. He became a senior investment analyst in 2020 and a portfolio manager in 2022. He has a bachelor’s degree in administrative science from Colby College and an MBA from the University of North Carolina. He is a CFA charterholder.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.05 | 86.59 | 8.12 | 6.71 |
