About AAAMX
American Century One Choice Blend Plus 2020 Portfolio Investor Class is a target-date mutual fund designed primarily for individuals approaching or already in retirement. This fund follows a target-date strategy, meaning its asset allocation is tailored for investors planning to retire around the year 2020, with the portfolio transitioning to a more conservative mix of assets as the target date passes. Its principal function is to provide a professionally managed, diversified approach aimed at delivering steady income and managing risk during retirement years.
The fund operates as a "fund of funds," investing in a combination of American Century and Avantis mutual funds across various asset classes, including U.S. and international equities, fixed income, and inflation-protected securities. This approach supports broad diversification and the active management of risk as market conditions and the retiree’s needs evolve. Notably, over 85% of its assets are concentrated in its top ten holdings, mainly fixed income and equity funds, reflecting a blend of income generation and moderate growth potential.
American Century One Choice Blend Plus 2020 Portfolio Investor Class plays a significant role for investors seeking a comprehensive retirement solution that adapts its allocation over time, ultimately focusing on capital preservation and income consistent with retirement needs.
Fund Family American Century Investments
Category Target-Date Retirement
Performance Rating Above Average
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol AAAMX
Share Class Investor Class
AAAMX had a total return of 5.88% in the past year, including dividends. Since the fund's
inception, the average annual return has been 4.45%.
