With more than 45 years of domain experience., American Century Investments is a global asset management firm with more than $87 billion in assets and 200 institutional clients. Founded in 1958 by James Stowers, Jr, offers a wide range of products and services across a variety of investment styles and asset classes. The company takes a long term view of investments which allows it to be aligned to client interests and its stated investment objectives. American Century prides itself on a team-managed approach and contributes a significant share of profits towards cutting edge medical research.
Below we will share with you 5 top rated American Century funds. Each has earned a Zacks #1 Rank (Strong Buy) as we expect the fund to outperform its peers in the future. To view the Zacks Rank and past performance of all American Century funds, then click here.
American Century Real Estate A (AREEX) seeks both current income and capital growth. The majority of its assets are invested in equity securities of real estate trusts and companies from the real estate sector. The fund returned 28.29% in the last one year period.
Steven R. Brown is the fund manager and has managed this American Century mutual fund since 2008.
American Century Emerging Markets (TWMIX) invests a large proportion of its assets in companies from emerging markets or those generating appreciably high revenues from these countries. The remainder of its assets is utilized to purchase corporate bonds, notes and government securities. The fund has a five year annualized return of 10.79%.
The American Century mutual fund has a minimum initial investment of $2,500 and an expense ratio of 1.78% compared to a category average of 1.76%.
American Century Income & Growth (BIGRX) seeks capital appreciation over the long term with income as a secondary objective. Securities issued by large-cap publicly traded domestic companies constitute its major investments. It aims to provide dividends exceeding returns form the S&P 500 index. The fund returned 7.4% in the last one year period.
As of December 2009, this American Century mutual fund held 673 issues, with 2.61% of its total assets invested in Fannie Mae.
American Century Capital Value (ACTIX) invests heavily in stocks of large and mid-cap companies which, in the opinion of the fund managers, are underpriced relative to their intrinsic value. It seeks long-term capital growth. The fund has a ten year annualized return of 2.9%.
The American Century mutual fund has a minimum initial investment of $2,500 and an expense ratio of 1.10% compared to a category average of 1.29%.
American Century High-Yield Municipal A (AYMAX) seeks current income which is not subject to federal income tax. The majority of its assets are utilized to purchase municipal securities and other debt instruments which provide high yields. It focuses on acquiring long term and intermediate term securities. The fund returned 8.39% over the last one year period.
The Fund Manager is Steven Permut and he has managed this American Century mutual fund since 1998.
To view the Zacks Rank and past performance of all American Century mutual funds, then click here.
About Zacks Mutual Fund Rank
By applying the Zacks Rank to mutual funds, investors can find funds that not only outpaced the market in the past but are also expected to outperform going forward. Learn more about the Zacks Mutual Fund Rank at http://www.zacks.com/funds/mutualfund/.
