Dividend Investing Ideas Center
Critical Facts You Need to Know About Preferred Stocks
Have you ever wished for the safety of bonds, but the return potential...
ONE CHOICE 2045 PORTFOLIO
mutual fund
AOOIX
Payout Change
Pending
Price as of:
$18.46
+0.07
+0.38%
primary theme
Target-Date 2045
share class
AOOIX (Mutual Fund)
ONE CHOICE 2045 PORTFOLIO
Payout Change
Pending
Price as of:
$18.46
+0.07
+0.38%
primary theme
Target-Date 2045
share class
AOOIX (Mutual Fund)
ONE CHOICE 2045 PORTFOLIO
Payout Change
Pending
Price as of:
$18.46
+0.07
+0.38%
primary theme
Target-Date 2045
share class
Name
As of 11/18/2024Price
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
11.5%
1 yr return
17.9%
3 Yr Avg Return
1.9%
5 Yr Avg Return
7.5%
Net Assets
$1.53 B
Holdings in Top 10
76.1%
52 WEEK LOW AND HIGH
$18.4
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.72%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 15.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$5,000,000
IRA
$1,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 11/18/2024Price
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
AOOIX - Profile
Distributions
- YTD Total Return 11.5%
- 3 Yr Annualized Total Return 1.9%
- 5 Yr Annualized Total Return 7.5%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.21%
- Dividend Yield 1.7%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameONE CHOICE 2045 PORTFOLIO
-
Fund Family NameAmerican Century Investments
-
Inception DateAug 31, 2004
-
Shares Outstanding17028448
-
Share ClassI
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerScott Wilson
Fund Description
One Choice 2045 Portfolio is a “fund of funds,” meaning that it seeks to achieve its objective by investing in other American Century mutual funds (the underlying funds) that represent a variety of asset classes and investment styles. The underlying stock funds draw on growth, value and quantitative investment techniques and diversify investments among small, medium and large U.S. and foreign companies. The underlying bond funds invest in fixed-income securities that vary by issuer type (corporate and government), credit quality (investment-grade and high-yield or “junk bonds”) and geographic exposure (domestic and international). Short-term investments include underlying funds that invest in fixed-income or debt instruments and have a shorter-term weighted average duration, typically three years or less. The following table indicates the fund’s neutral mix; that is, how the fund’s investments generally will be allocated among the major asset classes as of the date of this prospectus.
| Equity Securities (Stock Funds) | 68.8 | % |
| U.S. Equity | 47.4 | % |
| International Equity | 19.3 | % |
| Real Estate | 2.1 | % |
| Fixed-Income Securities (Bond Funds) | 31.2 | % |
| Short-Term Investments (Short-Term Funds) | 0.0 | % |
The target date in the fund name (2045) refers to the approximate year an investor plans to retire and likely would stop making new investments in the fund. The fund assumes a retirement age of 65 and may not be appropriate for an investor who plans to retire at or near the target date, but at an age well before or after 65. As the target date approaches, the fund’s neutral mix will become more conservative by decreasing the allocation to stocks and increasing the allocation to bonds and short-term investments. By the time the fund reaches its target date, the neutral mix will become fixed and match that of One Choice In Retirement Portfolio, which is currently 45% stock funds, 47.3% bond funds and 7.7% short-term funds. The fund is designed for investors who plan to withdraw the value of their account gradually after retirement. The following chart shows how the neutral mix is expected to change over time according to a predetermined glide path.
The portfolio managers regularly review the fund’s allocations to determine whether rebalancing is appropriate. In order to better balance risks in changing market environments, the portfolio managers may make modest deviations from the neutral mix in light of prevailing market conditions. We reserve the right to modify the neutral mix and underlying funds from time to time should circumstances warrant a change.
AOOIX - Performance
Return Ranking - Trailing
| Period | AOOIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 11.5% | 9.9% | 22.4% | 97.97% |
| 1 Yr | 17.9% | 16.6% | 26.3% | 97.46% |
| 3 Yr | 1.9%* | -2.1% | 6.5% | 93.37% |
| 5 Yr | 7.5%* | 5.2% | 11.0% | 91.43% |
| 10 Yr | 7.2%* | 5.7% | 9.8% | 90.20% |
* Annualized
Return Ranking - Calendar
| Period | AOOIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 11.9% | 4.8% | 21.3% | 85.20% |
| 2022 | -21.6% | -65.7% | -14.5% | 38.78% |
| 2021 | 4.4% | -4.7% | 18.7% | 71.66% |
| 2020 | 9.5% | 2.3% | 15.5% | 79.43% |
| 2019 | 12.5% | 8.2% | 23.0% | 86.71% |
Total Return Ranking - Trailing
| Period | AOOIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 11.5% | 9.9% | 22.4% | 97.97% |
| 1 Yr | 17.9% | 16.6% | 26.3% | 97.46% |
| 3 Yr | 1.9%* | -2.1% | 6.5% | 93.37% |
| 5 Yr | 7.5%* | 5.2% | 11.0% | 91.43% |
| 10 Yr | 7.2%* | 5.7% | 9.8% | 90.20% |
* Annualized
Total Return Ranking - Calendar
| Period | AOOIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 14.6% | 11.2% | 37.0% | 96.94% |
| 2022 | -16.8% | -28.2% | 0.1% | 34.18% |
| 2021 | 12.5% | 4.2% | 22.9% | 96.26% |
| 2020 | 16.6% | 7.8% | 23.2% | 48.57% |
| 2019 | 23.0% | 21.3% | 37.2% | 92.41% |
NAV & Total Return History
AOOIX - Holdings
Concentration Analysis
| AOOIX | Category Low | Category High | AOOIX % Rank | |
|---|---|---|---|---|
| Net Assets | 1.53 B | 6.93 M | 79.9 B | 40.10% |
| Number of Holdings | 20 | 2 | 586 | 46.70% |
| Net Assets in Top 10 | 1.19 B | 9.98 M | 84.8 B | 43.15% |
| Weighting of Top 10 | 76.12% | 42.4% | 144.1% | 78.31% |
Top 10 Holdings
- American Century Diversified Bond Fund 16.03%
- American Century Sustainable Equity Fund - G Class 11.12%
- American Century Focused Large Cap Value Fund 10.64%
- American Century Growth Fund 6.65%
- American Century Global Bond Fund - G Class 6.39%
- American Century Mid Cap Value Fund 5.88%
- American Century International Growth Fund 5.77%
- American Century Heritage Fund 4.86%
- American Century Emerging Markets Fund 4.83%
- American Century High Income Fund 3.95%
Asset Allocation
| Weighting | Return Low | Return High | AOOIX % Rank | |
|---|---|---|---|---|
| Stocks | 99.98% | 0.00% | 100.07% | 20.30% |
| Convertible Bonds | 0.32% | 0.00% | 1.09% | 8.12% |
| Cash | 0.02% | 0.00% | 45.56% | 78.17% |
| Preferred Stocks | 0.00% | 0.00% | 0.03% | 48.73% |
| Other | 0.00% | -0.02% | 11.52% | 61.42% |
| Bonds | 0.00% | 0.00% | 25.62% | 60.91% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | AOOIX % Rank | |
|---|---|---|---|---|
| Technology | 19.73% | 14.05% | 23.99% | 31.47% |
| Financial Services | 15.81% | 13.09% | 18.83% | 30.46% |
| Healthcare | 14.20% | 10.69% | 14.59% | 14.21% |
| Consumer Cyclical | 11.66% | 8.06% | 13.31% | 31.47% |
| Industrials | 10.86% | 9.12% | 12.31% | 35.53% |
| Consumer Defense | 6.67% | 4.68% | 11.06% | 51.78% |
| Communication Services | 6.44% | 5.69% | 10.23% | 80.20% |
| Real Estate | 5.50% | 1.86% | 10.17% | 41.62% |
| Energy | 3.43% | 2.33% | 6.54% | 81.22% |
| Basic Materials | 3.32% | 3.18% | 6.86% | 99.49% |
| Utilities | 2.38% | 1.89% | 8.09% | 84.26% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | AOOIX % Rank | |
|---|---|---|---|---|
| US | 99.98% | 0.00% | 100.07% | 20.30% |
| Non US | 0.00% | 0.00% | 38.46% | 53.81% |
AOOIX - Expenses
Operational Fees
| AOOIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.72% | 0.01% | 19.43% | 54.82% |
| Management Fee | 0.70% | 0.00% | 0.89% | 93.51% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.01% | 0.29% | 0.50% |
Sales Fees
| AOOIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
| AOOIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | N/A | N/A | 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.
| AOOIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 15.00% | 0.42% | 115.00% | 30.73% |
AOOIX - Distributions
Dividend Yield Analysis
| AOOIX | Category Low | Category High | AOOIX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 1.69% | 0.00% | 6.14% | 27.41% |
Dividend Distribution Analysis
| AOOIX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | None | Annual | SemiAnnual | Annual |
Net Income Ratio Analysis
| AOOIX | Category Low | Category High | AOOIX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.21% | -0.42% | 3.87% | 45.36% |
Capital Gain Distribution Analysis
| AOOIX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Monthly | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 21, 2023 | $0.312 | OrdinaryDividend |
| Dec 21, 2023 | $0.085 | CapitalGainLongTerm |
| Dec 28, 2022 | $0.290 | OrdinaryDividend |
| Dec 28, 2022 | $0.604 | CapitalGainLongTerm |
| Dec 28, 2021 | $1.464 | OrdinaryDividend |
| Dec 29, 2020 | $1.170 | OrdinaryDividend |
| Dec 30, 2019 | $0.266 | OrdinaryDividend |
| Dec 30, 2019 | $0.020 | CapitalGainShortTerm |
| Dec 30, 2019 | $1.239 | CapitalGainLongTerm |
| Dec 27, 2018 | $0.012 | CapitalGainShortTerm |
| Dec 27, 2018 | $0.889 | CapitalGainLongTerm |
| Dec 27, 2018 | $0.412 | OrdinaryDividend |
| Dec 28, 2017 | $0.002 | CapitalGainShortTerm |
| Dec 28, 2017 | $0.221 | OrdinaryDividend |
| Oct 19, 2017 | $0.118 | ExtraDividend |
| Oct 19, 2017 | $0.006 | CapitalGainShortTerm |
| Oct 19, 2017 | $0.265 | CapitalGainLongTerm |
| Dec 29, 2016 | $0.427 | CapitalGainLongTerm |
| Dec 29, 2016 | $0.216 | OrdinaryDividend |
| Dec 30, 2015 | $0.011 | CapitalGainShortTerm |
| Dec 30, 2015 | $0.885 | CapitalGainLongTerm |
| Dec 30, 2015 | $0.312 | OrdinaryDividend |
| Dec 30, 2014 | $0.007 | CapitalGainShortTerm |
| Dec 30, 2014 | $0.423 | CapitalGainLongTerm |
| Dec 30, 2014 | $0.407 | OrdinaryDividend |
| Dec 30, 2013 | $0.003 | CapitalGainShortTerm |
| Dec 30, 2013 | $0.152 | CapitalGainLongTerm |
| Dec 30, 2013 | $0.395 | OrdinaryDividend |
| Dec 28, 2012 | $0.097 | CapitalGainLongTerm |
| Dec 28, 2012 | $0.240 | OrdinaryDividend |
| Dec 29, 2011 | $0.230 | OrdinaryDividend |
| Dec 30, 2010 | $0.194 | OrdinaryDividend |
| Dec 30, 2009 | $0.149 | OrdinaryDividend |
| Dec 30, 2008 | $0.025 | CapitalGainShortTerm |
| Dec 30, 2008 | $0.174 | CapitalGainLongTerm |
| Dec 30, 2008 | $0.239 | OrdinaryDividend |
| Dec 14, 2007 | $0.031 | CapitalGainShortTerm |
| Dec 14, 2007 | $0.020 | CapitalGainLongTerm |
| Dec 14, 2007 | $0.435 | OrdinaryDividend |
| Dec 15, 2006 | $0.137 | CapitalGainShortTerm |
| Dec 15, 2006 | $0.392 | CapitalGainLongTerm |
| Dec 15, 2006 | $0.194 | OrdinaryDividend |
| Dec 16, 2005 | $0.032 | CapitalGainLongTerm |
| Dec 16, 2005 | $0.343 | OrdinaryDividend |
| Dec 17, 2004 | $0.143 | OrdinaryDividend |
AOOIX - Fund Manager Analysis
Managers
Scott Wilson
Start Date
Tenure
Tenure Rank
Dec 31, 2006
15.42
15.4%
Mr. Wilson, Vice President and Portfolio Manager, has been a member of the team since 2013. He joined American Century Investments in 1992, became an analyst in 1994 and a portfolio manager in 2011. He has a bachelor’s degree in business administration from Pepperdine University and is a CFA charterholder.
Richard Weiss
Start Date
Tenure
Tenure Rank
May 28, 2010
12.02
12.0%
Mr. Weiss, Senior Vice President and Senior Portfolio Manager, has been a member of the team that manages the funds since 2010 when he joined American Century Investments. From 1999 to 2010, he was executive vice president and chief investment officer for City National Bank. He has a bachelor's degree in economics from The Wharton School at the University of Pennsylvania and an MBA in finance/econometrics from the University of Chicago, Graduate School of Business.
Radu Gabudean
Start Date
Tenure
Tenure Rank
Apr 08, 2013
9.15
9.2%
Dr. Gabudean, Vice President and Portfolio Manager, has been a member of the team since he joined American Century Investments in 2013. From 2011 until 2013, he was vice president of quantitative investment strategies at Barclays Capital, and from 2007 to 2011 he was vice president of quantitative portfolio modeling at Lehman Brothers/Barclays Capital. He has a bachelor’s degree in economics from York University, Toronto, Canada, and a Ph.D. in finance from New York University, Stern School of Business.
Vidya Rajappa
Start Date
Tenure
Tenure Rank
Jan 29, 2018
4.34
4.3%
Ms. Rajappa, Vice President and Portfolio Manager, has been a member of the team since 2018 when she joined American Century Investments. Previously, she served in roles as senior vice president of multi-asset solutions and senior vice president of global analytics at AllianceBernstein L.P. She has a bachelor’s degree in electronics and telecommunications from PSG College of Technology, Coimbatore, India and a master's degree in statistics and operations research from New York University. She is a CFA charterholder.
John Donner
Start Date
Tenure
Tenure Rank
Dec 01, 2020
1.5
1.5%
John Donner, Portfolio Manager and Senior Quantitative Analyst, joinied American Century in 2012 as a quantitative analyst. He became a portfolio manager in 2018. He has a bachelor's degree in aeronautical and astronautical engineering from the University of Washington and a master's degree in financial engineering from the Haas School of Business at the University of California, Berkeley.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 17.59 | 5.7 | 2.41 |
