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Trending ETFs

Name

As of 02/25/2021

Price

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

$8.27

$23.3 M

5.10%

$0.45

1.69%

Vitals

YTD Return

-0.4%

1 yr return

-7.1%

3 Yr Avg Return

-1.4%

5 Yr Avg Return

2.3%

Net Assets

$23.3 M

Holdings in Top 10

26.9%

52 WEEK LOW AND HIGH

$8.3
$7.19
$9.30

Expenses

OPERATING FEES

Expense Ratio 1.69%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 153.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$0

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 02/25/2021

Price

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

$8.27

$23.3 M

5.10%

$0.45

1.69%

ALYNX - Profile

Distributions

  • YTD Total Return -0.4%
  • 3 Yr Annualized Total Return -1.4%
  • 5 Yr Annualized Total Return 2.3%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 3.59%
DIVIDENDS
  • Dividend Yield 5.1%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    AC Alternatives® Income Fund
  • Fund Family Name
    American Century Investments
  • Inception Date
    Apr 10, 2017
  • Shares Outstanding
    2017
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Kent Muckel

Fund Description


ALYNX - Performance

Return Ranking - Trailing

Period ALYNX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.4% -73.0% 13.4% 72.54%
1 Yr -7.1% -20.2% 45.3% 88.28%
3 Yr -1.4%* -12.0% 15.9% 85.61%
5 Yr 2.3%* -5.5% 15.0% 65.95%
10 Yr N/A* -0.7% 7.3% N/A

* Annualized

Return Ranking - Calendar

Period ALYNX Return Category Return Low Category Return High Rank in Category (%)
2023 -13.5% -22.7% 305.1% 89.51%
2022 2.5% -9.8% 27.3% 71.59%
2021 -4.5% -20.8% 10.9% 25.31%
2020 N/A -12.4% 29.4% N/A
2019 N/A -10.5% 15.8% N/A

Total Return Ranking - Trailing

Period ALYNX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.4% -73.0% 13.4% 72.54%
1 Yr -7.1% -20.2% 45.3% 86.21%
3 Yr -1.4%* -12.0% 15.9% 84.09%
5 Yr 2.3%* -5.5% 15.0% 61.64%
10 Yr N/A* -0.7% 7.3% N/A

* Annualized

Total Return Ranking - Calendar

Period ALYNX Return Category Return Low Category Return High Rank in Category (%)
2023 -13.5% -22.7% 305.1% 89.51%
2022 2.5% -9.8% 27.3% 71.97%
2021 -1.1% -20.8% 10.9% 9.96%
2020 N/A -8.4% 29.4% N/A
2019 N/A -10.2% 18.0% N/A

NAV & Total Return History


ALYNX - Holdings

Concentration Analysis

ALYNX Category Low Category High ALYNX % Rank
Net Assets 23.3 M 1.49 M 5.1 B 83.22%
Number of Holdings 213 4 4377 53.22%
Net Assets in Top 10 5.64 M -107 M 2.55 B 88.47%
Weighting of Top 10 26.94% 9.9% 100.0% 91.74%

Top 10 Holdings

  1. Future on Russel 2000 (TR) Sep20 5.31%
  2. Future on Russel 2000 (TR) Sep20 5.31%
  3. Future on Russel 2000 (TR) Sep20 5.31%
  4. Future on Russel 2000 (TR) Sep20 5.31%
  5. Future on Russel 2000 (TR) Sep20 5.31%
  6. Future on Russel 2000 (TR) Sep20 5.31%
  7. Future on Russel 2000 (TR) Sep20 5.31%
  8. Future on Russel 2000 (TR) Sep20 5.31%
  9. Future on Russel 2000 (TR) Sep20 5.31%
  10. Future on Russel 2000 (TR) Sep20 5.31%

Asset Allocation

Weighting Return Low Return High ALYNX % Rank
Bonds
70.10% -472.40% 14620.47% 9.49%
Cash
16.25% -14547.30% 550.79% 63.05%
Stocks
12.29% -5.86% 93.70% 74.24%
Preferred Stocks
0.99% -0.12% 45.43% 10.51%
Convertible Bonds
0.36% 0.00% 87.52% 40.68%
Other
0.00% -2.43% 145.27% 74.24%

Stock Sector Breakdown

Weighting Return Low Return High ALYNX % Rank
Real Estate
78.90% 0.00% 78.90% 0.36%
Financial Services
3.85% 0.00% 58.44% 94.16%
Consumer Defense
3.38% 0.00% 16.49% 73.72%
Healthcare
3.37% 0.00% 47.53% 92.34%
Technology
2.29% 0.00% 100.00% 95.62%
Industrials
2.10% 0.00% 24.55% 93.43%
Utilities
1.89% 0.00% 20.17% 77.01%
Communication Services
1.53% 0.00% 21.78% 93.43%
Energy
1.11% 0.00% 100.00% 76.28%
Basic Materials
0.88% 0.00% 26.33% 86.50%
Consumer Cyclical
0.70% 0.00% 29.68% 95.26%

Stock Geographic Breakdown

Weighting Return Low Return High ALYNX % Rank
US
9.09% -24.65% 91.88% 68.47%
Non US
3.20% -24.99% 42.11% 66.78%

Bond Sector Breakdown

Weighting Return Low Return High ALYNX % Rank
Securitized
38.77% 0.00% 89.57% 5.42%
Corporate
31.07% 0.00% 88.09% 21.36%
Cash & Equivalents
15.13% 0.27% 100.00% 77.63%
Derivative
14.65% 0.00% 91.28% 27.80%
Government
0.37% 0.00% 81.98% 80.00%
Municipal
0.00% 0.00% 26.35% 58.64%

Bond Geographic Breakdown

Weighting Return Low Return High ALYNX % Rank
US
51.44% -136.03% 6319.42% 17.97%
Non US
18.66% -574.50% 8301.05% 11.19%

ALYNX - Expenses

Operational Fees

ALYNX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.69% 0.29% 31.15% 60.82%
Management Fee 1.35% 0.00% 2.50% 78.19%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.30% N/A

Sales Fees

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

Trading Fees

ALYNX 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.

ALYNX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 153.00% 0.00% 491.00% 54.55%

ALYNX - Distributions

Dividend Yield Analysis

ALYNX Category Low Category High ALYNX % Rank
Dividend Yield 5.10% 0.00% 7.14% 46.31%

Dividend Distribution Analysis

ALYNX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Monthly Annually

Net Income Ratio Analysis

ALYNX Category Low Category High ALYNX % Rank
Net Income Ratio 3.59% -1.93% 6.83% 3.44%

Capital Gain Distribution Analysis

ALYNX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

View More +

ALYNX - Fund Manager Analysis

Managers

Kent Muckel


Start Date

Tenure

Tenure Rank

Jul 31, 2015

5.59

5.6%

Mr. Muckel is a Partner at Perella Weinberg Partners Capital Management LP and leads the public equity and fixed-income efforts on the Agility platform. Mr. Muckel joined PWP in 2010. Prior to joining PWP, Mr. Muckel was the Chief Investment Officer for Baylor University in 2009. He has a bachelor’s degree in finance with honors from the University of Colorado and an MBA from the Daniels School of Business at the University of Denver. He is a CFA charterholder.

Darren Myers


Start Date

Tenure

Tenure Rank

Jul 31, 2015

5.59

5.6%

Mr. Myers is a Partner and Managing Director at PWP and leads the absolute return investment efforts for the Agility platform. Mr. Myers joined PWP in 2007. Prior to joining PWP, he served as a Senior Research Analyst at Tejas Securities Group, Inc. from 2004 to 2007, where he provided investment recommendations on special situation and distressed debt opportunities. He holds a bachelor’s degree and an MBA from the University of Texas at Austin. He is a CFA charterholder.

Cleo Chang


Start Date

Tenure

Tenure Rank

Mar 01, 2017

4.0

4.0%

Ms. Chang, Senior Vice President and Head of Investment Solutions, has managed the fund since 2017. She joined American Century Investments in 2015. From 2005 to 2015, Ms. Chang served as the Managing Director and Vice President at Wilshire Associates Inc. She earned an MBA from the Marshall School of Business, University of Southern California, and received a bachelor’s degree in economics from the University of California, Berkeley.

Hitesh Patel


Start Date

Tenure

Tenure Rank

Jun 01, 2018

2.75

2.8%

Mr. Patel, Vice President and Portfolio Manager, has managed the fund since 2018. He joined American Century Investments in 2018. From 2014 to 2018, Mr. Patel served as a Senior Alternatives Specialist within the Fund Derivatives Structuring and Financing team at UBS Securities. From 2010 to 2013, he was the Director and Head of Americas Origination and Content for the UBS Liquid Alpha Managed Account and UCITS Platform. He received a bachelor’s degree in economics from Yale University. He is a CFA charterholder. The advisor has, in turn, hired PWP to make recommendations regarding underlying subadvisor selection as well as day-to-day investment management and asset allocation. PWP performs this function under the supervision of the advisor and the general oversight of the fund’s Board of Directors. The portfolio managers who are jointly and primarily responsible for the day-to-day management of the fund are identified below. Responsibility for research, security selection and portfolio construction for portions of the fund may be allocated among the underlying subadvisors. Overall responsibility for coordinating the fund’s activities, including recommending appropriate asset allocations, reviewing overall fund composition and monitoring cash flows, is shared by the following portfolio managers.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.02 17.28 4.39 3.67