About ACIIX
American Century Equity Income Fund I Class is an institutional mutual fund designed to provide investors with a balanced approach to equity investing by focusing on companies that offer both income and value. The fund primarily seeks current income, with capital appreciation as a secondary objective. It typically invests at least 80% of its assets in equity securities, including common stocks and equity-equivalent securities such as convertible securities, and has the flexibility to include real estate investment trusts and other real estate-related companies in its portfolio.
This fund is noted for its conservative, income-oriented strategy, emphasizing downside protection while employing hybrid securities to enhance yield. The portfolio generally holds 50-80 stocks, with about 30% of the assets concentrated in the top ten holdings, which span major sectors like healthcare, energy, financial services, industrials, and technology. The fund is actively managed, with a moderate portfolio turnover and a typical institutional minimum investment of $5 million.
American Century Equity Income Fund I Class plays a significant role in the large value segment of the equity market, catering to institutional investors seeking stable income with potential for long-term growth, while maintaining a focus on risk management and dividend consistency.
Fund Family American Century Investments
Category Large Value
Performance Rating Below Average
Risk Rating Low
Ticker Symbol ACIIX
Share Class I Class
Index Russell 3000 Value TR
ACIIX had a total return of 14.58% in the past year, including dividends. Since the fund's
inception, the average annual return has been 7.66%.
