AMJWX: American Century Multi-Asset Income R

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AMJWX American Century Multi-Asset Income R


Profile

AMJWX - Profile

Vitals

  • YTD Return -21.3%
  • 3 Yr Annualized Return -7.9%
  • 5 Yr Annualized Return -5.0%
  • Net Assets $46.5 M
  • Holdings in Top 10 85.9%

52 WEEK LOW AND HIGH

$7.85
$7.13
$10.11

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.41%

SALES FEES

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

BROKERAGE FEES

  • Turnover 213.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $2,500
  • IRA N/A

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Allocation--30% to 50% Equity

Distributions

  • YTD Total Return -21.3%
  • 3 Yr Annualized Total Return -5.2%
  • 5 Yr Annualized Total Return -1.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 4.13%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    American Century Multi-Asset Income Fund
  • Fund Family Name
    American Century Investments
  • Inception Date
    Dec 01, 2014
  • Shares Outstanding
    9667
  • Share Class
    Retirement
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Scott Wilson

Fund Description

While the fund is not required to allocate its assets in any fixed proportion, over the long term, the fund's equity allocations are expected to range from approximately 20% to 80% of the fund's assets, and the fund's fixed-income allocations are expected to range from approximately 20% to 80% of the fund's assets. It may invest in affiliated and unaffiliated funds (acquired funds) to an unlimited extent.


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Categories

Performance

AMJWX - Performance

Return Ranking - Trailing

Period AMJWX Return Category Return Low Category Return High Rank in Category (%)
YTD -21.3% -41.8% 2.3% 75.21%
1 Yr -20.2% -37.6% 22.4% 77.36%
3 Yr -7.9%* -15.2% 6.0% 80.22%
5 Yr -5.0%* -10.3% 3.4% 68.35%
10 Yr N/A* -3.8% 3.9% N/A

* Annualized

Return Ranking - Calendar

Period AMJWX Return Category Return Low Category Return High Rank in Category (%)
2019 9.6% 0.0% 25.7% 42.45%
2018 -11.0% -25.9% -3.4% 58.95%
2017 4.9% -1.2% 13.6% 56.82%
2016 5.3% -6.5% 7.3% 13.64%
2015 -6.4% -16.1% -0.7% 53.16%

Total Return Ranking - Trailing

Period AMJWX Return Category Return Low Category Return High Rank in Category (%)
YTD -21.3% -41.8% 2.3% 75.21%
1 Yr -20.2% -37.6% 22.4% 77.36%
3 Yr -5.2%* -15.2% 6.0% 71.43%
5 Yr -1.7%* -10.3% 3.9% 51.90%
10 Yr N/A* -3.8% 7.9% N/A

* Annualized

Total Return Ranking - Calendar

Period AMJWX Return Category Return Low Category Return High Rank in Category (%)
2019 10.3% 0.0% 25.7% 46.23%
2018 -6.8% -25.9% -0.6% 38.95%
2017 9.4% -1.2% 16.5% 39.77%
2016 10.0% -6.5% 12.0% 13.64%
2015 -2.7% -16.1% 3.2% 27.85%

NAV & Total Return History


Holdings

AMJWX - Holdings

Concentration Analysis

AMJWX Category Low Category High AMJWX % Rank
Net Assets 46.5 M 999 K 3.65 B 84.96%
Number of Holdings 326 6 1391 64.35%
Net Assets in Top 10 20.8 M -45.1 M 536 M 66.96%
Weighting of Top 10 85.86% 6.9% 200.7% 19.13%

Top 10 Holdings

  1. American Century NT High Income G 29.47%
  2. Future on US 10 Year Note (CBT) 21.33%
  3. American Century Emerging Mkts Dbt R6 18.21%
  4. American Century International Val R6 9.17%
  5. Truist Financial Corporation 5.12% 1.58%
  6. The Charles Schwab Corporation 5% 1.48%
  7. PNC Capital Trust C 2.48% 1.33%
  8. Enterprise Products Partners LP 1.30%
  9. Duke Energy Corp 4.88% 1.01%
  10. Bank of America Corporation 6.5% 0.99%

Asset Allocation

Weighting Return Low Return High AMJWX % Rank
Stocks
40.37% -5.19% 99.99% 51.30%
Bonds
39.43% -120.56% 87.25% 38.26%
Cash
11.98% -36.91% 184.19% 49.57%
Preferred Stocks
6.91% 0.00% 21.57% 20.87%
Convertible Bonds
1.30% 0.00% 20.67% 37.39%
Other
0.02% -0.45% 23.86% 76.52%

Stock Sector Breakdown

Weighting Return Low Return High AMJWX % Rank
Real Estate
31.61% -0.15% 54.98% 16.50%
Energy
21.00% 0.00% 25.31% 9.71%
Financial Services
12.28% 0.00% 66.87% 50.49%
Utilities
9.27% 0.00% 31.27% 17.48%
Industrials
5.84% 0.00% 22.07% 68.93%
Technology
4.13% 0.00% 19.82% 73.79%
Basic Materials
4.00% 0.00% 9.97% 36.89%
Consumer Cyclical
3.98% 0.00% 14.88% 68.93%
Healthcare
3.16% 0.00% 100.00% 69.90%
Communication Services
2.90% 0.00% 12.96% 72.82%
Consumer Defense
1.84% 0.00% 27.00% 75.73%

Stock Geographic Breakdown

Weighting Return Low Return High AMJWX % Rank
US
20.24% -1.16% 99.99% 38.26%
Non US
20.13% -5.23% 41.58% 43.48%

Bond Sector Breakdown

Weighting Return Low Return High AMJWX % Rank
Corporate
73.16% 0.00% 98.38% 18.26%
Cash & Equivalents
14.74% 0.02% 186.99% 64.35%
Government
5.34% -132.75% 60.69% 75.65%
Derivative
4.10% -2.45% 47.22% 27.83%
Securitized
2.66% 0.00% 23.46% 32.17%
Municipal
0.00% 0.00% 4.79% 53.04%

Bond Geographic Breakdown

Weighting Return Low Return High AMJWX % Rank
Non US
21.88% 0.00% 77.37% 43.48%
US
17.55% -166.35% 64.16% 47.83%

Expenses

AMJWX - Expenses

Operational Fees

AMJWX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.41% 0.26% 11.95% 40.74%
Management Fee 0.90% 0.10% 1.90% 82.91%
12b-1 Fee 0.50% 0.00% 1.00% 54.55%
Administrative Fee N/A 0.10% 0.25% N/A

Sales Fees

AMJWX 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

AMJWX 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.

AMJWX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 213.00% 0.00% 282.00% 86.36%

Distributions

AMJWX - Distributions

Dividend Yield Analysis

AMJWX Category Low Category High AMJWX % Rank
Dividend Yield 0.00% 0.00% 3.19% 32.48%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

AMJWX Category Low Category High AMJWX % Rank
Net Income Ratio 4.13% -0.99% 11.02% 28.18%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

AMJWX - Fund Manager Analysis

Managers

Scott Wilson


Start Date

Tenure

Tenure Rank

Dec 01, 2014

5.33

5.3%

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

Dec 01, 2014

5.33

5.3%

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

Dec 01, 2014

5.33

5.3%

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

2.17

2.2%

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

Feb 16, 2018

2.12

2.1%

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
0.42 12.76 3.98 5.52