American Century Investments One Choice 2055 Portfolio I Class (ARENX)
| Fund Assets | 862.49M |
| Expense Ratio | 0.69% |
| Min. Investment | $5,000,000 |
| Turnover | 15.00% |
| Dividend (ttm) | 0.72 |
| Dividend Yield | 3.96% |
| Dividend Growth | 163.99% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 20, 2024 |
| Previous Close | 18.26 |
| YTD Return | 7.72% |
| 1-Year Return | 9.69% |
| 5-Year Return | 56.20% |
| 52-Week Low | 15.20 |
| 52-Week High | 18.26 |
| Beta (5Y) | n/a |
| Holdings | 20 |
| Inception Date | Mar 31, 2011 |
About ARENX
American Century One Choice 2055 Portfolio I is a target-date mutual fund designed to align with investors planning to retire around the year 2055. As a "fund of funds," it invests primarily in a mix of other American Century mutual funds, providing diversified exposure across equities, fixed income, and cash equivalents. The portfolio’s asset allocation is actively managed: it starts with a higher allocation to equities in the early years, helping pursue growth, and gradually shifts towards bonds and more conservative investments as the target date approaches. This transition aims to reduce risk as investors near retirement, in line with common life-cycle investing strategies. Notably, American Century’s target-date series features a flatter glide path than many peers, which can mitigate sharp drawdowns before retirement but may carry above-average risk for retirees. The fund is overseen by an experienced management team and seeks to maximize total return consistent with the evolving asset mix. Its role in the financial market is to offer participants a single, professionally managed vehicle that adapts over time to long-term retirement objectives, making it a popular choice in employer-sponsored retirement plans and individual retirement accounts.
Performance
ARENX had a total return of 9.69% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.89%.
Top 10 Holdings
75.95% of assets| Name | Symbol | Weight |
|---|---|---|
| American Century Large Cap Equity Fund G Class | AFEGX | 13.10% |
| American Century Investments® Focused Large Cap Value Fund G Class | ACFLX | 11.91% |
| American Century Diversified Bond Fund G Class | ACDOX | 9.95% |
| American Century Growth Fund G Class | ACIHX | 7.17% |
| American Century International Growth Fund G Class | ACAEX | 7.05% |
| American Century Mid Cap Value Fund G Class | ACIPX | 6.52% |
| AMERICAN CENTURY EMERGING MARKETS FUND - G CLASS | ACADX | 5.87% |
| American Century Heritage Fund G Class | ACILX | 5.72% |
| American Century Investments Focused Dynamic Growth Fund G Class | ACFGX | 4.54% |
| American Century Global Bond Fund G CLASS | AGBGX | 4.12% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 20, 2024 | $0.7207 | Dec 20, 2024 |
| Dec 21, 2023 | $0.273 | Dec 21, 2023 |
| Dec 28, 2022 | $0.8731 | Dec 28, 2022 |
| Dec 28, 2021 | $1.3672 | Dec 28, 2021 |
| Dec 29, 2020 | $0.9003 | Dec 29, 2020 |
| Dec 30, 2019 | $1.1726 | Dec 30, 2019 |