Fund Performance
The following bar chart and table provide some indication of the risks of investing in the fund. The bar chart shows changes in the fund’s performance from year to year for Investor Class shares. The table shows how the fund’s average annual returns for the periods shown compared with those of a broad measure of market performance. The fund’s past performance (before and after taxes) is not necessarily an indication of how the fund will perform in the future. For current performance information, including yields, please visit americancentury.com.
Sales charges and account fees, if applicable, are not reflected in the bar chart. If those charges were included, returns would be less than those shown.
Calendar Year Total Returns
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Highest Performance Quarter
(3Q 2009) 11.86%
Lowest Performance Quarter
(4Q 2008) -14.20%
As of September 30, 2012, the most recent calendar quarter end, the fund’s Investor Class year-to-date return was 11.65%.
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Average Annual Total Returns
|
|
|
|
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For the calendar year ended December 31, 2011
|
1 year
|
5 years
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Since Inception
|
Inception Date
|
Investor Class
Return Before Taxes
|
0.88%
|
2.41%
|
5.39%
|
09/30/2004
|
Return After Taxes on Distributions
|
0.31%
|
1.55%
|
4.47%
|
09/30/2004
|
Return After Taxes on Distributions and Sale of Fund Shares
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0.70%
|
1.66%
|
4.21%
|
09/30/2004
|
Russell 3000
®
Index
(reflects no deduction for fees, expenses or taxes)
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1.03%
|
-0.01%
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4.24%
|
09/30/2004
|
Barclays U.S. Aggregate Bond Index
(reflects no deduction for fees, expenses or taxes)
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7.84%
|
6.50%
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5.54%
|
09/30/2004
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After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. After-tax returns are not relevant to investors who hold their fund shares through tax-deferred arrangements, such as 401(k) plans or IRAs.
Investment Advisor
American Century Investment Management, Inc.
Portfolio Managers
Enrique Chang,
Chief Investment Officer and Executive Vice President, has been a member of the team that manages the fund since 2009.
Scott Wittman,
CFA, Chief Investment Officer – Quantitative Equity and Asset Allocation, Senior Vice President and Senior Portfolio Manager, has been a member of the team that manages the fund since 2009.
Richard Weiss,
Senior Vice President and Senior Portfolio Manager, has been a member of the team that manages the fund since 2010.
Scott Wilson
, CFA, Portfolio Manager, has been a member of the team that manages the fund since 2006.
Purchase and Sale of Fund Shares
You may purchase or redeem shares of the fund on any business day through our website at americancentury.com, in person (at one of our Investor Centers), by mail (American Century Investments, P.O. Box 419200, Kansas City, MO 64141-6200), by telephone at 1-800-345-2021 (Investor Services Representative) or 1-800-345-3533 (Business, Not-For-Profit and Employer-Sponsored Retirement Plans), or through a financial intermediary. Shares may be purchased and redemption proceeds received by electronic bank transfer, by check or by wire.
Unless otherwise specified below, the minimum initial investment amount to open an account is $2,500 ($2,000 for Coverdell Education Savings Accounts). However, American Century Investments will waive the fund minimum if you make an initial investment of at least $500 and continue to make automatic investments of at least $100 a month until reaching the fund minimum. Investors opening accounts through financial intermediaries may open an account with $250, but the financial intermediaries may require their clients to meet different investment minimums. The minimum may be waived for broker-dealer sponsored wrap program accounts, fee based accounts, and accounts through bank/trust and wealth management advisory organizations or certain employer-sponsored retirement plans.
There is a $50 minimum for subsequent purchases, except that there is no subsequent purchase minimum for financial intermediaries or employer-sponsored retirement plans. For purposes of fund minimums, employer-sponsored retirement plans do not include SEP IRAs, SIMPLE IRAs or SARSEPs.
Tax Information
Fund distributions are generally taxable as ordinary income or capital gains, unless you are investing through a tax-deferred account such as a 401(k) or individual retirement account.
Payments to Broker-Dealers and Other Financial Intermediaries
If you purchase the fund through a broker-dealer or other financial intermediary (such as a bank, insurance company, plan sponsor or financial professional), the fund and its related companies may pay the intermediary for the sale of fund shares and related services. These payments may create a conflict of interest by influencing the broker-dealer or other intermediary and your salesperson to recommend the fund over another investment. Ask your salesperson or visit your financial intermediary’s website for more information.
©2012 American Century Proprietary Holdings, Inc. All rights reserved.
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