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STRATEGIC ALLOCATION: MODERATE FUND
mutual fund
ASMUX
Payout Change
Pending
Price as of:
$6.46
+0.03
+0.47%
primary theme
U.S. Balanced Allocation
share class
ASMUX (Mutual Fund)
STRATEGIC ALLOCATION: MODERATE FUND
Payout Change
Pending
Price as of:
$6.46
+0.03
+0.47%
primary theme
U.S. Balanced Allocation
share class
ASMUX (Mutual Fund)
STRATEGIC ALLOCATION: MODERATE FUND
Payout Change
Pending
Price as of:
$6.46
+0.03
+0.47%
primary theme
U.S. Balanced Allocation
share class
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
11.9%
1 yr return
11.9%
3 Yr Avg Return
2.9%
5 Yr Avg Return
7.2%
Net Assets
$748 M
Holdings in Top 10
41.5%
52 WEEK LOW AND HIGH
$6.4
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.06%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 48.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
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
ASMUX - Profile
Distributions
- YTD Total Return 11.9%
- 3 Yr Annualized Total Return 2.9%
- 5 Yr Annualized Total Return 7.2%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.21%
- Dividend Yield 2.6%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameSTRATEGIC ALLOCATION: MODERATE FUND
-
Fund Family NameAmerican Century Investments
-
Inception DateApr 10, 2017
-
Shares Outstanding74778
-
Share ClassR5
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerRichard Weiss
Fund Description
The fund’s asset allocation strategy diversifies investments among equity securities, bonds and money market instruments. The fund seeks long-term capital growth with some regular income. It emphasizes investments in equity securities but maintains a sizeable stake in bonds and money market securities. 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 over the long term. The table also shows the operating ranges within which the fund’s asset mix generally will vary over short-term periods.
| Equity Securities (Stocks) | Fixed-Income or Debt Securities (Bonds) | Cash Equivalents (Money Markets) | |
| Neutral Mix | 64% | 32% | 4% |
| Operating Range | 53-73% | 21-41% | 0-15% |
The fund may invest in any type of U.S. or foreign equity security that meets certain fundamental and technical standards. The portfolio managers draw on growth, value and quantitative investment techniques in managing the equity portion of the fund’s portfolio, and they diversify the fund’s equity investments among small, medium and large companies.
The fund also invests in a variety of debt securities payable in U.S. and foreign currencies. The fixed-income portion of the fund primarily invests in investment-grade debt securities. An investment-grade security is one that has been rated by at least one independent rating agency in its top four credit quality categories or determined by the advisor to be of comparable credit quality. However, the fund may invest up to 10% of its assets in below investment-grade securities (also known as high-yield securities or “junk bonds”). The fund may also invest in bank loans and collateralized debt obligations (including collateralized loan obligations).
To gain exposure to certain investment disciplines and categories, the fund may invest in varying combinations of affiliated investment companies (mutual funds and exchange-traded funds (ETFs) advised by American Century).
The fund also may invest in derivative instruments such as options, futures contracts, options on futures contracts, and swap agreements (including, but not limited to, credit default swap agreements), provided that such investments are in keeping with the fund’s investment objective.
Responsibility for research, stock selection and portfolio construction for other portions of the fund has been allocated among portfolio teams representing various investment disciplines and strategies employed by other American Century funds.
ASMUX - Performance
Return Ranking - Trailing
| Period | ASMUX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 11.9% | -2.7% | 72.6% | 52.13% |
| 1 Yr | 11.9% | -1.8% | 67.6% | 53.30% |
| 3 Yr | 2.9%* | -5.1% | 20.7% | 54.20% |
| 5 Yr | 7.2%* | -3.8% | 21.1% | 36.41% |
| 10 Yr | N/A* | 0.7% | 13.6% | 46.52% |
* Annualized
Return Ranking - Calendar
| Period | ASMUX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 10.7% | -12.2% | 23.9% | 48.38% |
| 2022 | -19.2% | -34.7% | 2.8% | 60.87% |
| 2021 | 1.5% | -11.9% | 18.1% | 76.35% |
| 2020 | 10.3% | -20.9% | 39.7% | 24.76% |
| 2019 | 5.7% | 0.8% | 25.7% | 98.00% |
Total Return Ranking - Trailing
| Period | ASMUX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 11.9% | -2.7% | 72.6% | 52.13% |
| 1 Yr | 11.9% | -1.8% | 67.6% | 53.30% |
| 3 Yr | 2.9%* | -5.1% | 20.7% | 54.20% |
| 5 Yr | 7.2%* | -3.8% | 21.1% | 36.41% |
| 10 Yr | N/A* | 0.7% | 13.6% | 43.49% |
* Annualized
Total Return Ranking - Calendar
| Period | ASMUX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 13.3% | -12.2% | 26.8% | 54.42% |
| 2022 | -14.5% | -29.0% | 10.9% | 45.43% |
| 2021 | 12.6% | -3.0% | 27.3% | 55.33% |
| 2020 | 16.2% | -19.5% | 40.6% | 17.80% |
| 2019 | 21.1% | 2.2% | 32.7% | 28.83% |
NAV & Total Return History
ASMUX - Holdings
Concentration Analysis
| ASMUX | Category Low | Category High | ASMUX % Rank | |
|---|---|---|---|---|
| Net Assets | 748 M | 861 K | 235 B | 58.42% |
| Number of Holdings | 1005 | 2 | 16143 | 12.39% |
| Net Assets in Top 10 | 310 M | 859 K | 66.9 B | 58.55% |
| Weighting of Top 10 | 41.46% | 10.8% | 122.7% | 56.93% |
Top 10 Holdings
- Avantis US Equity ETF 6.11%
- American Century US Quality Growth ETF 5.65%
- American Century US Quality Value ETF 5.51%
- American Century Multisector Income ETF 4.73%
- American Century Quality Diversified International ETF 3.78%
- American Century Focused Dynamic Growth ETF 3.69%
- American Century Focused Large Cap Value ETF 3.49%
- American Century Diversified Corporate Bond ETF 3.38%
- Avantis Emerging Markets Equity ETF 2.68%
- Avantis International Equity ETF 2.45%
Asset Allocation
| Weighting | Return Low | Return High | ASMUX % Rank | |
|---|---|---|---|---|
| Stocks | 70.94% | 0.00% | 100.10% | 49.26% |
| Bonds | 25.01% | 0.00% | 77.71% | 42.92% |
| Cash | 6.15% | -7.92% | 100.00% | 15.34% |
| Convertible Bonds | 0.35% | 0.00% | 23.84% | 74.15% |
| Preferred Stocks | 0.19% | 0.00% | 24.59% | 14.01% |
| Other | 0.07% | -42.55% | 113.97% | 35.10% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | ASMUX % Rank | |
|---|---|---|---|---|
| Technology | 17.95% | 0.00% | 44.21% | 60.21% |
| Financial Services | 14.85% | 0.00% | 38.77% | 47.84% |
| Healthcare | 13.77% | 0.00% | 29.35% | 56.78% |
| Consumer Cyclical | 12.29% | 0.00% | 19.36% | 10.88% |
| Industrials | 12.08% | 0.00% | 24.37% | 20.72% |
| Consumer Defense | 6.72% | 0.00% | 15.14% | 47.24% |
| Communication Services | 5.51% | 0.00% | 38.10% | 86.74% |
| Basic Materials | 5.03% | 0.00% | 25.57% | 20.86% |
| Energy | 4.91% | 0.00% | 85.65% | 46.80% |
| Real Estate | 3.97% | 0.00% | 65.01% | 35.32% |
| Utilities | 2.93% | 0.00% | 99.55% | 51.42% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | ASMUX % Rank | |
|---|---|---|---|---|
| US | 64.73% | 0.00% | 100.10% | 54.72% |
| Non US | 6.21% | 0.00% | 42.80% | 9.29% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | ASMUX % Rank | |
|---|---|---|---|---|
| Government | 39.92% | 0.00% | 97.26% | 26.15% |
| Corporate | 22.25% | 0.00% | 98.21% | 78.31% |
| Securitized | 11.12% | 0.00% | 92.13% | 71.92% |
| Cash & Equivalents | 6.15% | 0.00% | 99.92% | 15.34% |
| Municipal | 3.34% | 0.00% | 24.80% | 5.05% |
| Derivative | 0.07% | -4.58% | 41.29% | 13.57% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | ASMUX % Rank | |
|---|---|---|---|---|
| US | 21.39% | 0.00% | 77.71% | 42.77% |
| Non US | 3.63% | 0.00% | 15.37% | 3.10% |
ASMUX - Expenses
Operational Fees
| ASMUX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.06% | 0.03% | 27.98% | 45.75% |
| Management Fee | 0.90% | 0.00% | 1.83% | 94.29% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.01% | 0.83% | N/A |
Sales Fees
| ASMUX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 2.25% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| ASMUX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.00% | 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.
| ASMUX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 48.00% | 0.83% | 343.00% | 61.04% |
ASMUX - Distributions
Dividend Yield Analysis
| ASMUX | Category Low | Category High | ASMUX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 2.65% | 0.00% | 17.90% | 45.10% |
Dividend Distribution Analysis
| ASMUX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Quarterly | Annual | Quarterly | Annual |
Net Income Ratio Analysis
| ASMUX | Category Low | Category High | ASMUX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.21% | -2.34% | 13.92% | 46.55% |
Capital Gain Distribution Analysis
| ASMUX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Monthly | Semi-Monthly |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 20, 2024 | $0.067 | OrdinaryDividend |
| Dec 20, 2024 | $0.024 | CapitalGainShortTerm |
| Dec 20, 2024 | $0.199 | CapitalGainLongTerm |
| Sep 24, 2024 | $0.043 | OrdinaryDividend |
| Jun 25, 2024 | $0.036 | OrdinaryDividend |
| Mar 26, 2024 | $0.014 | OrdinaryDividend |
| Dec 21, 2023 | $0.055 | OrdinaryDividend |
| Sep 26, 2023 | $0.024 | OrdinaryDividend |
| Jun 27, 2023 | $0.051 | OrdinaryDividend |
| Mar 28, 2023 | $0.008 | OrdinaryDividend |
| Dec 28, 2022 | $0.052 | OrdinaryDividend |
| Dec 28, 2022 | $0.224 | CapitalGainLongTerm |
| Sep 27, 2022 | $0.009 | OrdinaryDividend |
| Jun 28, 2022 | $0.032 | OrdinaryDividend |
| Dec 28, 2021 | $0.695 | OrdinaryDividend |
| Sep 28, 2021 | $0.030 | OrdinaryDividend |
| Jun 29, 2021 | $0.023 | OrdinaryDividend |
| Dec 29, 2020 | $0.321 | OrdinaryDividend |
| Sep 29, 2020 | $0.025 | OrdinaryDividend |
| Jun 23, 2020 | $0.011 | OrdinaryDividend |
| Dec 20, 2019 | $0.046 | OrdinaryDividend |
| Dec 20, 2019 | $0.061 | CapitalGainShortTerm |
| Dec 20, 2019 | $0.707 | CapitalGainLongTerm |
| Sep 17, 2019 | $0.037 | OrdinaryDividend |
| Jun 18, 2019 | $0.032 | OrdinaryDividend |
| Dec 20, 2018 | $0.051 | OrdinaryDividend |
| Dec 18, 2018 | $0.045 | CapitalGainShortTerm |
| Dec 18, 2018 | $0.522 | CapitalGainLongTerm |
| Sep 18, 2018 | $0.033 | OrdinaryDividend |
| Jun 19, 2018 | $0.022 | OrdinaryDividend |
| Dec 26, 2017 | $0.052 | OrdinaryDividend |
| Dec 19, 2017 | $0.125 | CapitalGainShortTerm |
| Dec 19, 2017 | $0.526 | CapitalGainLongTerm |
| Sep 19, 2017 | $0.028 | OrdinaryDividend |
| Jun 20, 2017 | $0.033 | OrdinaryDividend |
ASMUX - Fund Manager Analysis
Managers
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.
Scott Wilson
Start Date
Tenure
Tenure Rank
Apr 01, 2011
11.17
11.2%
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.
Radu Gabudean
Start Date
Tenure
Tenure Rank
Apr 01, 2013
9.17
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.
Brian Garbe
Start Date
Tenure
Tenure Rank
Apr 01, 2020
2.16
2.2%
Mr. Garbe, Vice President and Portfolio Manager, has been a member of the team that manages the fund since joining American Century Investments in 2010. From 1999 to 2010, he was senior vice president, portfolio manager and director of research and trading for City National Bank. He has a bachelor’s degree in mathematics-applied science (economics) with a specialization in computer programming, and an MBA, both from the University of California, Los Angeles.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 34.51 | 6.39 | 2.41 |
