AVBIX: Amern Cent Var Port Shs -I- VP Balanced Portfolio

Welcome to MutualFunds.com

Please help us personalize your experience and select the one that best describes you.

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission

We hope you enjoy your experience

Channels

Find the latest content and information here about the 2019 Charles Schwab Impact Conference.

Advisors

Receive email updates about fund flows, news, upcoming CE accredited webcasts from industry thought leaders and more.

Content focused on helping financial advisors build successful client relationships and grow their business.

Content geared towards helping financial advisors build better client portfolios.

Get insights on the industry trends and investment news from leading fund managers and experts.

AVBIX Amern Cent Var Port Shs -I- VP Balanced Portfolio


Profile

AVBIX - Profile

Vitals

  • YTD Return -12.6%
  • 3 Yr Annualized Return 0.1%
  • 5 Yr Annualized Return -0.3%
  • Net Assets $277 M
  • Holdings in Top 10 17.8%

52 WEEK LOW AND HIGH

$7.15
$6.72
$8.45

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.90%

SALES FEES

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

BROKERAGE FEES

  • Turnover 115.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA N/A

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Allocation--50% to 70% Equity

Distributions

  • YTD Total Return -12.6%
  • 3 Yr Annualized Total Return 2.0%
  • 5 Yr Annualized Total Return 2.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.48%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    American Century VP Balanced
  • Fund Family Name
    American Century Investments
  • Inception Date
    May 01, 1991
  • Shares Outstanding
    21467440
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Robert Gahagan

Fund Description

For the equity portion of the fund, the portfolio normally invests in large (those with a market cap greater than $2 billion), publicly-traded U.S. companies from most attractive to least attractive based on an objective set of measures. For the fixed-income portion of the fund, the portfolio managers invest in a diversified portfolio of high- and medium-grade non-money market debt securities.


Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.


Categories

Performance

AVBIX - Performance

Return Ranking - Trailing

Period AVBIX Return Category Return Low Category Return High Rank in Category (%)
YTD -12.6% -61.5% 53.8% 56.11%
1 Yr -6.3% -68.1% 53.9% 35.93%
3 Yr 0.1%* -34.6% 17.4% 14.10%
5 Yr -0.3%* -32.9% 16.0% 18.03%
10 Yr 1.8%* -34.3% 10.6% 38.89%

* Annualized

Return Ranking - Calendar

Period AVBIX Return Category Return Low Category Return High Rank in Category (%)
2019 15.4% -50.4% 46.8% 20.93%
2018 -5.8% -31.8% 19.0% 15.24%
2017 8.0% -44.7% 46.3% 31.64%
2016 0.6% -84.5% 146.1% 85.32%
2015 -13.0% -40.7% 14.6% 95.05%

Total Return Ranking - Trailing

Period AVBIX Return Category Return Low Category Return High Rank in Category (%)
YTD -12.6% -61.5% 53.8% 56.11%
1 Yr -6.3% -68.1% 53.9% 35.93%
3 Yr 2.0%* -34.6% 17.4% 13.74%
5 Yr 2.7%* -32.9% 16.0% 13.59%
10 Yr 6.4%* -34.3% 10.6% 12.73%

* Annualized

Total Return Ranking - Calendar

Period AVBIX Return Category Return Low Category Return High Rank in Category (%)
2019 15.4% -50.4% 46.8% 21.37%
2018 -3.8% -27.4% 19.0% 19.11%
2017 13.9% -44.7% 46.3% 18.18%
2016 7.0% -84.5% 146.1% 35.65%
2015 -2.6% -36.9% 14.6% 49.08%

NAV & Total Return History


Holdings

AVBIX - Holdings

Concentration Analysis

AVBIX Category Low Category High AVBIX % Rank
Net Assets 277 M 140 K 141 B 52.69%
Number of Holdings 774 2 13816 12.67%
Net Assets in Top 10 53.5 M -39.4 M 33.7 B 65.31%
Weighting of Top 10 17.82% 5.5% 100.0% 84.20%

Top 10 Holdings

  1. Apple Inc 3.24%
  2. Microsoft Corp 2.39%
  3. E-mini S&P 500 Futures Mar20 2.37%
  4. Amazon.com Inc 1.88%
  5. Alphabet Inc A 1.84%
  6. Facebook Inc A 1.45%
  7. United States Treasury Notes 1.25% 1.27%
  8. United States Treasury Notes 2.88% 1.18%
  9. United States Treasury Notes 1.88% 1.14%
  10. United States Treasury Notes 2% 1.04%

Asset Allocation

Weighting Return Low Return High AVBIX % Rank
Stocks
57.01% -41.01% 78.13% 31.36%
Bonds
38.67% -4.03% 79.29% 52.85%
Cash
4.10% -102.09% 78.43% 52.95%
Convertible Bonds
0.22% -0.84% 52.57% 58.11%
Preferred Stocks
0.00% 0.00% 44.10% 67.45%
Other
0.00% -41.44% 154.72% 58.75%

Stock Sector Breakdown

Weighting Return Low Return High AVBIX % Rank
Technology
22.99% 0.00% 72.78% 5.87%
Financial Services
16.17% 0.00% 62.98% 46.28%
Healthcare
14.99% 0.00% 63.06% 27.09%
Communication Services
11.46% 0.00% 41.87% 7.34%
Consumer Cyclical
11.29% 0.00% 45.84% 17.72%
Industrials
8.24% 0.00% 99.44% 78.56%
Consumer Defense
8.11% 0.00% 17.78% 33.86%
Energy
2.38% 0.00% 100.00% 86.68%
Real Estate
1.98% -2.05% 100.00% 78.67%
Basic Materials
1.64% 0.00% 19.70% 81.60%
Utilities
0.76% 0.00% 100.00% 85.67%

Stock Geographic Breakdown

Weighting Return Low Return High AVBIX % Rank
US
56.89% -41.02% 76.29% 17.62%
Non US
0.12% -1.50% 32.14% 88.72%

Bond Sector Breakdown

Weighting Return Low Return High AVBIX % Rank
Government
35.85% -0.45% 99.67% 22.99%
Securitized
32.02% 0.00% 67.23% 20.09%
Corporate
21.46% 0.00% 100.00% 74.11%
Cash & Equivalents
9.47% -3.87% 100.00% 56.07%
Municipal
1.19% 0.00% 99.77% 15.68%
Derivative
0.00% -3.25% 55.67% 42.11%

Bond Geographic Breakdown

Weighting Return Low Return High AVBIX % Rank
US
36.78% -5.28% 84.24% 51.02%
Non US
1.89% -12.68% 26.09% 71.43%

Expenses

AVBIX - Expenses

Operational Fees

AVBIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.90% 0.01% 7.27% 60.28%
Management Fee 0.90% 0.00% 2.00% 84.09%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.83% N/A

Sales Fees

AVBIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

AVBIX 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.

AVBIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 115.00% 0.00% 574.00% 80.34%

Distributions

AVBIX - Distributions

Dividend Yield Analysis

AVBIX Category Low Category High AVBIX % Rank
Dividend Yield 0.00% 0.00% 11.85% 15.57%

Dividend Distribution Analysis

AVBIX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Monthly Annually

Net Income Ratio Analysis

AVBIX Category Low Category High AVBIX % Rank
Net Income Ratio 1.48% -5.24% 6.65% 65.37%

Capital Gain Distribution Analysis

AVBIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

AVBIX - Fund Manager Analysis

Managers

Robert Gahagan


Start Date

Tenure

Tenure Rank

Dec 31, 2005

14.17

14.2%

Mr. Gahagan, Senior Vice President and Senior Portfolio Manager, joined American Century Investments in 1983.  He became a portfolio manager in 1991. He has a bachelor’s degree in economics and an MBA from the University of Missouri – Kansas City.

Brian Howell


Start Date

Tenure

Tenure Rank

Dec 31, 2005

14.17

14.2%

Mr. Howell, Vice President and Senior Portfolio Manager, joined American Century Investments in 1987. He became a portfolio manager in 1996. He has shared primary responsibility for the management of the funds since 2006, and has served on teams managing fixed-income investments since joining American Century. He has a bachelor’s degree in mathematics/statistics and an MBA from the University of California – Berkeley.

Claudia Musat


Start Date

Tenure

Tenure Rank

Jun 29, 2010

9.68

9.7%

Musat, Vice President,Portfolio Manager and Quantitative Analyst, has been a member of the team that manages the fund since its inception in September 2005. She joined American Century in May 2005 as a quantitative analyst and became a portfolio manager in February 2008. She has a bachelor’s degree in computer science from the University of Iasi, Romania, a master’s degree in mathematics from Florida State University and a master’s degree in financial engineering from the University of California at Berkeley.

Steven Rossi


Start Date

Tenure

Tenure Rank

Nov 04, 2016

3.32

3.3%

Mr. Rossi, Portfolio Manager, joined American Century Investments in 2016. Prior to joining American Century Investments, he worked at RS Investments from 2012 to 2016, most recently as portfolio manager. He previously held the roles of analyst and quantitative analyst. He has a bachelor’s degree in Political Economies of Industrialized Societies from the University of California at Berkeley. He is a CFA charterholder and a received his Financial Risk Manager certification from the Global Association of Risk Professionals.

Charles Tan


Start Date

Tenure

Tenure Rank

Oct 31, 2018

1.33

1.3%

Mr. Tan joined American Century Investment Management, Inc. in 2018. Prior to joining American Century, Mr. Tan worked at Aberdeen Standard Investments from 2005 to 2018. Mr. Tan began his investment career in 1994 and earned a B.S. from University of International Business and Economics, Beijing and an M.B.A from Bucknell University.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 39.27 6.82 0.25