AEIMX: American Century Equity Income Fund

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AEIMX American Century Equity Income Fund


Profile

AEIMX - Profile

Vitals

  • YTD Return -12.6%
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $11.2 B
  • Holdings in Top 10 30.4%

52 WEEK LOW AND HIGH

$8.00
$6.20
$9.66

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.56%

SALES FEES

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

BROKERAGE FEES

  • Turnover 85.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return -12.6%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 3.02%
DIVIDENDS
  • Dividend Yield 0.7%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    American Century Equity Income Fund
  • Fund Family Name
    American Century Investments
  • Inception Date
    Aug 01, 2019
  • Shares Outstanding
    591
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Phillip Davidson

Fund Description

The portfolio managers look for equity securities of companies with a favorable income-paying history that have prospects for income payments to continue or increase. The portfolio managers also look for equity securities of companies that they believe are undervalued and have the potential for an increase in price. The fund may invest a portion of its assets in foreign securities when these securities meet the portfolio managers' standards of selection.


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Fund Company Quick Screens

Performance

AEIMX - Performance

Return Ranking - Trailing

Period AEIMX Return Category Return Low Category Return High Rank in Category (%)
YTD -12.6% -59.8% 67.6% 69.42%
1 Yr N/A -73.8% 63.5% 12.63%
3 Yr N/A* -43.8% 41.7% 15.47%
5 Yr N/A* -38.6% 35.6% 10.68%
10 Yr N/A* -39.2% 35.2% 19.71%

* Annualized

Return Ranking - Calendar

Period AEIMX Return Category Return Low Category Return High Rank in Category (%)
2019 N/A -58.1% 80.6% N/A
2018 N/A -64.5% 23.6% N/A
2017 N/A -55.3% 69.8% N/A
2016 N/A -34.8% 68.2% N/A
2015 N/A -50.8% 22.5% N/A

Total Return Ranking - Trailing

Period AEIMX Return Category Return Low Category Return High Rank in Category (%)
YTD -12.6% -59.8% 67.6% 69.42%
1 Yr N/A -73.8% 63.5% 11.71%
3 Yr N/A* -43.8% 41.7% 16.97%
5 Yr N/A* -38.6% 35.6% 11.46%
10 Yr N/A* -39.2% 35.2% 25.80%

* Annualized

Total Return Ranking - Calendar

Period AEIMX Return Category Return Low Category Return High Rank in Category (%)
2019 N/A -58.1% 80.6% N/A
2018 N/A -64.5% 23.6% N/A
2017 N/A -55.3% 69.8% N/A
2016 N/A -34.8% 70.7% N/A
2015 N/A -50.8% 30.8% N/A

NAV & Total Return History


Holdings

AEIMX - Holdings

Concentration Analysis

AEIMX Category Low Category High AEIMX % Rank
Net Assets 11.2 B 92.3 K 97.2 B 7.72%
Number of Holdings 110 1 5871 38.08%
Net Assets in Top 10 3.04 B -2.14 B 26.6 B 8.76%
Weighting of Top 10 30.38% 0.1% 100.0% 58.99%

Top 10 Holdings

  1. Johnson & Johnson 4.42%
  2. iShares Russell 1000 Value ETF 4.35%
  3. Medtronic PLC 3.83%
  4. Roche Holding AG Dividend Right Cert. 2.72%
  5. Texas Instruments Inc 2.69%
  6. Verizon Communications Inc 2.68%
  7. Marsh & McLennan Companies Inc 2.59%
  8. Kimberly-Clark Corp 2.55%
  9. Emerson Electric Co 2.28%
  10. Walmart Inc 2.27%

Asset Allocation

Weighting Return Low Return High AEIMX % Rank
Stocks
81.74% -46.11% 100.41% 33.41%
Bonds
9.47% -696.69% 45.33% 12.27%
Preferred Stocks
4.47% -0.02% 19.36% 3.62%
Cash
2.63% -0.92% 1041.68% 90.54%
Convertible Bonds
1.36% 0.00% 33.69% 7.83%
Other
0.33% -895.56% 38.46% 24.30%

Stock Sector Breakdown

Weighting Return Low Return High AEIMX % Rank
Financial Services
18.79% 0.00% 100.00% 19.22%
Healthcare
18.35% 0.00% 100.00% 22.89%
Consumer Defense
15.57% 0.00% 69.13% 9.42%
Industrials
13.58% 0.00% 70.69% 21.30%
Technology
10.92% 0.00% 99.85% 72.34%
Utilities
9.66% 0.00% 99.08% 9.91%
Energy
5.89% 0.00% 100.00% 22.64%
Communication Services
3.77% 0.00% 100.00% 77.60%
Real Estate
1.60% 0.00% 100.00% 66.83%
Basic Materials
1.43% 0.00% 63.34% 65.85%
Consumer Cyclical
0.44% 0.00% 59.77% 91.19%

Stock Geographic Breakdown

Weighting Return Low Return High AEIMX % Rank
US
70.85% -29.34% 83.25% 39.02%
Non US
10.89% -48.75% 62.54% 37.27%

Bond Sector Breakdown

Weighting Return Low Return High AEIMX % Rank
Corporate
85.19% 0.00% 100.00% 2.34%
Cash & Equivalents
14.81% -0.92% 100.00% 94.39%
Derivative
0.00% -0.02% 86.99% 59.35%
Securitized
0.00% 0.00% 43.57% 59.11%
Municipal
0.00% 0.00% 15.73% 55.61%
Government
0.00% 0.00% 56.70% 65.19%

Bond Geographic Breakdown

Weighting Return Low Return High AEIMX % Rank
US
9.47% -696.69% 34.30% 10.98%
Non US
0.00% -252.88% 11.03% 59.81%

Expenses

AEIMX - Expenses

Operational Fees

AEIMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.56% 0.03% 12.16% 94.93%
Management Fee 0.56% 0.00% 2.94% 20.54%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 1.12% N/A

Sales Fees

AEIMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

AEIMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 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.

AEIMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 85.00% 0.00% 485.00% 62.71%

Distributions

AEIMX - Distributions

Dividend Yield Analysis

AEIMX Category Low Category High AEIMX % Rank
Dividend Yield 0.65% 0.00% 11.31% 2.22%

Dividend Distribution Analysis

AEIMX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Annually

Net Income Ratio Analysis

AEIMX Category Low Category High AEIMX % Rank
Net Income Ratio 3.02% -4.31% 4.44% 1.20%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

AEIMX - Fund Manager Analysis

Managers

Phillip Davidson


Start Date

Tenure

Tenure Rank

Dec 31, 1994

25.43

25.4%

Mr. Davidson, CFA, is a senior vice president and executive portfolio manager for American Century Investments. Prior to joining American Century in 1993, Phil was vice president and equity portfolio manager for Boatmen’s Trust Company in St. Louis. During his 11 years at Boatmen’s, he specialized in the management of institutional equity accounts using a value-oriented investment style. He has worked in the financial industry since 1980. Phil holds a bachelor’s degree in business administration and a master’s degree in finance from Illinois State University.

Michael Liss


Start Date

Tenure

Tenure Rank

Dec 31, 1998

21.43

21.4%

Michael Liss, CFA, is Vice President and Senior Portfolio Manager of American Century. Mr. Liss has been with American Century since 1998. He holds a bachelor’s degree in accounting and finance from Albright College and an MBA in finance from Indiana University.

Kevin Toney


Start Date

Tenure

Tenure Rank

Aug 30, 2003

16.76

16.8%

Kevin Toney, CFA, CIO, senior vice president and senior portfolio manager for American Century Investments, joined the company in 1999 as an investment analyst and became a portfolio manager in 2006. Kevin is responsible for the teams that manage the company’s value and real estate equity strategies that comprise the firm’s Global Value Equity discipline. Before joining American Century Investments, Kevin was an associate in the M&A group of Toronto Dominion Securities. He has worked in the investment industry since 1993.

Brian Woglom


Start Date

Tenure

Tenure Rank

Apr 29, 2019

1.09

1.1%

Brian is a member of the team of investment professionals managing the U.S. Value Yield, U.S. Value, U.S. Large Cap Value, U.S. Mid Cap Value and U.S. Equity Market Neutral Value strategies and related accounts, and he co-manages U.S. Large Cap Value, U.S. Value, U.S. Mid Cap Value and U.S. Equity Market Neutral Value. He joined American Century Investments in 2005. Previously, Brian was an investment analyst for Argo Partners and an analyst for the portfolio management unit of Metropolitan Life Insurance Co. He has worked in the investment industry since 1998. Brian earned a bachelor's degree in economics from Amherst College and a master’s degree in business administration from the University of Michigan. He is a CFA® charterholder and a member of the CFA Institute.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.03 41.44 8.19 6.67