American Century Investments is a global asset management firm with more than $125 billion in assets and 200 institutional clients. Founded in 1958 by James Stowers, Jr, the company offers a wide range of products and services across a variety of investment styles and asset classes. The company takes a long term view of investments which allows it to be aligned to client interests and its stated investment objectives. American Century prides itself on a team-managed approach and contributes a significant share of its profits towards cutting edge medical research.
Below we will share with you 5 top rated American Century funds. Each has earned a Zacks #1 Rank (Strong Buy) as we expect the fund to outperform its peers in the future. To view the Zacks Rank and past performance of all American Century funds, investors can click here to see the complete list of funds.
American Century Global Gold Investor (BGEIX - Free Report) seeks to provide both dividends and capital appreciation. The fund invests in securities issued by companies whose principal operations involve mining, processing and distributing gold and precious metals. The American Century fund returned -24.34% over the last one year period.
This non-diversified fund has an expense ratio of 0.68% as compared to category average of 1.40%.
American Century International Discovery Investments (TWEGX - Free Report) invests in equities of small to mid-sized companies. These firms may be located in developed or emerging market nations. The fund seeks capital appreciation and parks its money in companies whose revenues and earnings are improving at a fast pace. The American Century fund returned 31.16% over the last one year period.
Brian Brady is the fund manager and has managed this fund since 1994.
American Century Global Gold A (ACGGX - Free Report) seeks to provide both dividends and capital appreciation. The fund invests a lion’s share in companies whose primary operations relate to mining, processing, fabricating and distributing gold and other precious metals. The American Century fund returned -24.51% over the last one year period.
As of December 2013, this fund held 66 issues with 12.12% of its assets invested in Goldcorp, Inc.
American Century Investments New Opportunities Fund Class A seeks capital appreciation over the long term. The fund invests in those small and mid-sized companies whose values are expected to grow. The fund invests based on analysis of particular companies and not depending on economic analysis. The stock prices of these companies are believed to move in accordance with improvements in top and bottom lines. The American Century fund returned 31.14% over the last one year period.
The fund has an expense ratio of 1.75% as compared to category average of 1.42%.
American Century Investments California High Yield Municipal A (CAYAX - Free Report) seeks income exempted from federal and California income taxes. A lion’s share is invested in income tax-exempted municipal securities. The investment focuses on high-yield securities. The American Century fund returned 0.32% over the last one year period.
Steven M. Permut is the fund manager and has managed this since 1987.
To view the Zacks Rank and past performance of all American Century mutual funds, investors can click here to see the complete list of funds.
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