Are you getting the best rate from your broker?
Compare your broker's rates now to find out if you can save money

Choose your broker below
Welcome to MutualFunds.com. Please help us personalize your experience.

Select the one that best describes you
Mutualfunds logo

AREDX American Century Real Estate R6

  • Fund
  • AREDX
  • Price as of: Nov 14, 2018
  • $27.89
  • - $0.08
  • - 0.29%
  • Category
  • Real Estate

AREDX - Profile

Vitals

  • YTD Return -1.4%
  • 3 Yr Annualized Return 3.9%
  • 5 Yr Annualized Return 7.2%
  • Net Assets $981 M
  • Holdings in Top 10 47.8%

52 WEEK LOW AND HIGH

$27.89
$25.00
$29.97

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.80%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 145.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$0

IRA

N/A

Investment Themes

CATEGORY

Real Estate
  • Fund Type Open End Mutual Fund
  • Investment Style Real Estate

Distributions

  • YTD Total Return -1.4%
  • 3 Yr Annualized Total Return 3.9%
  • 5 Yr Annualized Total Return 7.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.56%
DIVIDENDS
  • Dividend Yield 0.9%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name American Century Real Estate Fund
  • Fund Family Name American Century Investments
  • Inception Date Jul 26, 2013
  • Shares Outstanding N/A
  • Share Class Retirement
  • Currency USD
  • Domiciled Country United States
  • Manager Steven Rodriguez

Fund Description

Under normal market conditions, the fund invests at least 80% of its net assets in equity securities issued by real estate investment trusts (REITs) and other companies engaged in the real estate industry. The portfolio managers look for real estate securities they believe will provide superior returns, focusing on companies with the potential for stock price appreciation, plus sustainable growth of cash flow to investors. The fund is non-diversified.

AREDX - Performance

Return Ranking - Trailing

Period AREDX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD -1.4% -59.9% 9.7% 46.77% 3
1 Yr 1.5% -40.6% 34.3% 37.35% 2
3 Yr 3.9% * -8.0% 14.3% 41.20% 3
5 Yr 7.2% * 2.7% 12.3% 37.80% 2
10 Yr 10.8% * 3.5% 16.4% 36.61% 2

* Annualized


Return Ranking - Calendar

Period AREDX Return Category Return Low Category Return High Rank in Category (%) Quintile
2017 0.5% -23.9% 25.4% 42.44% 3
2016 -5.4% -18.4% 21.0% 68.09% 4
2015 0.1% -21.2% 29.1% 18.53% 1
2014 27.1% -12.1% 31.5% 16.74% 1
2013 N/A -23.2% 27.2% N/A N/A

Total Return Ranking - Trailing

Period AREDX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD -1.4% -100.0% 9.7% 47.92% 3
1 Yr 1.5% -19.9% 90.7% 32.53% 2
3 Yr 3.9% * -0.8% 14.3% 36.91% 2
5 Yr 7.2% * 2.7% 12.3% 33.01% 2
10 Yr 10.8% * 3.3% 16.4% 32.24% 2

* Annualized


Total Return Ranking - Calendar

Period AREDX Return Category Return Low Category Return High Rank in Category (%) Quintile
2017 0.5% -16.4% 25.4% 47.01% 3
2016 -4.0% -16.3% 40.1% 72.29% 4
2015 3.1% -13.5% 41.9% 50.88% 3
2014 32.7% -2.7% 82.5% 58.29% 3
2013 N/A -28.3% 30.3% N/A N/A

NAV & Total Return History

AREDX - Holdings

Filings data as of: Sep 30, 2018

Concentration Analysis

AREDX Category Low Category High AREDX % Rank Quintile
Net Assets 981 M 553 K 56.7 B 12.25% 2
Number of Holdings 45 5 711 14.62% 3
Net Assets in Top 10 495 M 711 K 23.8 B 13.04% 2
Weighting of Top 10 47.8% 3.7% 151.2% 15.02% 2

Top 10 Holdings

  1. Simon Property Group Inc 9.12%
  2. Equinix Inc 4.52%
  3. Prologis Inc 5.95%
  4. Sun Communities Inc 3.93%
  5. Welltower Inc 4.34%
  6. AvalonBay Communities Inc 4.89%
  7. Digital Realty Trust Inc 3.87%
  8. UDR Inc 3.97%
  9. HCP Inc 3.90%
  10. Regency Centers Corp 3.30%

Asset Allocation

Weighting Category Low Category High AREDX % Rank Quintile
Stocks
99.84% 1.09% 100.87% 3.56% 1
Cash
0.16% -109.96% 74.22% 28.46% 5
Preferred Stocks
0.00% 0.00% 46.26% 6.32% 5
Other
0.00% -0.48% 108.20% 8.30% 5
Convertible Bonds
0.00% 0.00% 5.72% 3.16% 5
Bonds
0.00% 0.00% 105.31% 5.53% 5

Stock Sector Breakdown

Weighting Category Low Category High AREDX % Rank Quintile
Real Estate
97.45% 0.00% 100.00% 7.51% 2
Consumer Cyclical
1.34% -0.12% 37.50% 13.83% 3
Technology
1.05% 0.00% 9.75% 4.74% 1
Utilities
0.00% 0.00% 16.80% 1.58% 5
Industrials
0.00% -0.03% 11.94% 8.30% 5
Healthcare
0.00% 0.00% 5.58% 3.95% 5
Financial Services
0.00% 0.00% 22.00% 5.53% 5
Energy
0.00% 0.00% 38.67% 1.98% 5
Communication Services
0.00% 0.00% 13.23% 18.58% 5
Consumer Defense
0.00% 0.00% 0.89% 1.58% 5
Basic Materials
0.00% -0.12% 43.44% 13.04% 5

Stock Geographic Breakdown

Weighting Category Low Category High AREDX % Rank Quintile
US
98.79% 1.00% 100.05% 12.65% 3
Non US
1.05% 0.00% 45.99% 8.70% 2

AREDX - Expenses

Operational Fees

AREDX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.80% 0.07% 11.43% 52.96% 1
Management Fee 0.79% 0.00% 1.20% 7.91% 3
12b-1 Fee N/A 0.00% 1.00% N/A N/A
Administrative Fee N/A 0.01% 0.40% N/A N/A

Sales Fees

AREDX Fees (% of AUM) Category Low Category High AREDX Rank Quintile
Front Load N/A 2.50% 5.75% N/A N/A
Deferred Load N/A 1.00% 5.00% N/A N/A

Trading Fees

AREDX Fees (% of AUM) Category Low Category High AREDX Rank Quintile
Max Redemption Fee N/A 0.75% 2.00% N/A N/A

Turnover 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.

AREDX Fees (% of AUM) Category Low Category High AREDX Rank Quintile
Turnover 145.00% 0.00% 1060.00% 3.95% 5

AREDX - Distributions

Dividend Yield Analysis

AREDX Category Low Category High AREDX % Rank Quintile
Dividend Yield 0.9% 0.01% 6.48% 5.69% 1

Dividend Distribution Analysis

AREDX Category Low Category High Category Mode
Dividend Distribution Frequency Quarterly Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

AREDX Category Low Category High AREDX % Rank Quintile
Net Income Ratio 2.56% -0.66% 4.97% 7.11% 1

Capital Gain Distribution Analysis

AREDX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Quarterly Annually

AREDX - Managers

Steven Rodriguez

Manager

Start Date

Dec 31, 2009

Tenure

8.84

Tenure Rank

11.9%

Steven Rodriguez is a portfolio manager for American Century Investments®, a premier investment manager headquartered in Kansas City, Mo. Mr. Rodriguez joined American Century Investments in 2009 from Barclays Capital (formerly Lehman Brothers) where he was an Associate Vice President, responsible for conducting fundamental equity research and analysis on REIT securities, as well as analyzing real estate industry trends. Previously, Steven was an associate with PricewaterhouseCoopers, LLP. Mr. Rodriguez has a bachelor's degree in economics and a master's degree in accounting from the University of Michigan.


Steven R. Brown

Manager

Start Date

Nov 17, 2008

Tenure

9.96

Tenure Rank

10.4%

Steven Brown, senior vice president and senior portfolio manager, has managed the fund since 2008. Prior to joining American Century Investments in 2008, he spent seven years at Neuberger Berman, most recently serving as Global Head of real estate securities. He previously managed institutional separate accounts and served as a portfolio co-manager for the Cohen & Steers Equity Income Fund, Inc. and the Cohen & Steers Advantage Income Realty Fund, Inc. He has a bachelor's degree in economics and an MBA in finance from New York University Stern School of Business.


Tenure Analysis

Category Low

0.1

Category High

24.8

Category Average

7.95

Category Mode

0.5