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15 important things you should know about American Century Investments AOVIX mutual fund

Updated: September 27, 2020
14
Bull Case
  • No sales load or distribution fees
Bear Case
  • Low net assets
  • 3-year return below the benchmark
  • 5-year return below the benchmark
  • 10-year return below the benchmark
  • 15-year return below the benchmark
  • High expense ratio

Before we start: if you’re looking for AOVIX “stock” price, you can quickly find it out by visiting Finny and typing "AOVIX quote". If you’re looking for a quick scoop on AOVIX "stock" (price chart, key stats, buy or sell analysis and holdings), go to Finny and look for "AOVIX". You’ll get all this info in one place.

Are you looking to buy or sell AOVIX? Or perhaps you’re looking for AOVIX fact sheet, and learn about its alternatives? If so, you came to the right place.

In this AOVIX mutual fund review, we’ll address key questions our readers have been asking us about this fund, above and beyond what you can find in its prospectus, and on Morningstar or Yahoo Finance.

Here is what you’ll be able to find in this review:

  • Fact Sheet: AOVIX performance, returns, expense ratio, holdings and dividend yield;
  • Analysis: AOVIX buy or sell; the pros and cons of investing in AOVIX mutual fund;
  • Alternatives: other ETFs and mutual funds you should consider as alternatives to AOVIX.

And here is the list of questions we’ll answer:

  1. Describe American Century Asset Allocation Portfolios, Inc: One Choice Portfolio Very Aggressive; Investor Class Shs (AOVIX).
  2. What are AOVIX holdings?
  3. What is AOVIX performance? What are AOVIX historical returns?
  4. How many up and down years did AOVIX have historically?
  5. What is AOVIX dividend yield?
  6. What is AOVIX minimum initial investment amount?
  7. What is AOVIX expense ratio?
  8. Does AOVIX have any sales loads or 12b-1 distribution expenses?
  9. What is AOVIX tax efficiency (tax-cost ratio)?
  10. What is AOVIX beta? How would you assess AOVIX risk?
  11. What is AOVIX Sharpe ratio?
  12. What is AOVIX Finny Score? AOVIX buy or sell?
  13. What are the pros of investing in AOVIX? What are AOVIX buy reasons?
  14. What are the cons of investing in AOVIX? What are AOVIX sell reasons?

So let’s start. Scroll down to the question that interests you the most.

Fact Sheet

1. Describe American Century Asset Allocation Portfolios, Inc: One Choice Portfolio Very Aggressive; Investor Class Shs (AOVIX).

The Fund seeks total return which includes both capital appreciation and income from dividends and interest that is consistent with the asset mix. The Fund seeks to achieve its objective by investing in other American Century mutual funds that represent a variety of asset classes and investment styles.

2. What are AOVIX top holdings?

AOVIX has 0 stock holdings and 0 bond holdings.

The top 10 holdings represent 83.13% of total assets. Here are the top holdings:

Name Symbol % Assets
American Century Large Company Value Inv ALVIX 11.11%
American Century Growth Inv TWCGX 10.24%
American Century Sustainable Equity Inv AFDIX 10.24%
American Century International Gr Inv TWIEX 9.63%
American Century Heritage Inv TWHIX 8.59%
American Century Emerging Markets Inv TWMIX 8.30%
American Century Mid Cap Value Inv ACMVX 7.84%
American Century Focused Dynamic Gr Inv ACFOX 6.18%
American Century Non-US IntrsVal Inv ANTUX 5.86%
American Century Equity Growth Inv BEQGX 5.14%

3. What is AOVIX performance? What are AOVIX historical returns?

AOVIX has generated the following returns:

  • 1-month return is -2.14%;
  • 3-month return is 7.29%;
  • 1-year return is 10.34%;
  • 3-year return is 7.67%;
  • 5-year return is 9.55%;
  • 10-year return is 10.06%;
  • 15-year return is 7.57%.

4. How many up and down years did AOVIX have historically?

In the last 10 years, AOVIX had 7 up years and 3 down years.

AOVIX up and down years

5. What is AOVIX dividend yield?

AOVIX yield is 1.22%.

6. What is AOVIX minimum initial investment amount?

AOVIX minimum initial investment amount is $3.00K.

7. What is AOVIX expense ratio?

AOVIX expense ratio is 1.04%. The expense ratio of a fund is the total percentage of fund assets used for administrative, management, and all other expenses.

AOVIX expenses

8. Does AOVIX have any sales loads or 12b-1 distribution expenses?

AOVIX 12b-1 distribution fee is 0. AOVIX front-end sales load is 0. AOVIX back-end sales load is 0.

9. What is AOVIX tax efficiency (tax-cost ratio)?

  • 1-year ax cost ratio is 2.19%;
  • 3-year ax cost ratio is 1.85%.
AOVIX tax costs

10. What is AOVIX beta? How would you assess AOVIX risk?

  • 3-year beta is 1.68;
  • 5-year beta is 1.67;
  • 10-year beta is 1.63;
  • 15-year beta is 1.58.
AOVIX Beta

11. What is AOVIX Sharpe ratio?

  • 3-year Sharpe ratio is 0.37;
  • 5-year Sharpe ratio is 0.43;
  • 10-year Sharpe ratio is 0.75.
AOVIX Sharpe ratio

Analysis

12. What is Finny Score? buy or sell?

Finny Score is 14. Our quantitative analysis shows 1 reason to buy and 6 reasons to sell it, resulting in the Finny Score of 14.

13. What are the pros of investing in AOVIX? What are AOVIX buy reasons?

The following are AOVIX strengths from our perspective:

  • Good news: this fund does not have 12b1, front-end or back-end sales fees.

14. What are the cons of investing in AOVIX? What are AOVIX negatives?

The following are AOVIX weaknesses from our perspective:

  • <strong>AOVIX net assets</strong> are $318.00 million. This fund is not a popular choice with retail investors.
  • <strong>AOVIX 3-year return</strong> is 7.67%, which is lower than the 3-year return of the benchmark index (Russell 3000 TR USD), 11.55%.
  • <strong>AOVIX 5-year return</strong> is 9.55%, which is lower than the 5-year return of the benchmark index (Russell 3000 TR USD), 12.84%.
  • <strong>AOVIX 10-year return</strong> is 10.06%, which is lower than the 10-year return of the benchmark index (Russell 3000 TR USD), 13.55%.
  • <strong>AOVIX 15-year return</strong> is 7.57%, which is lower than the 15-year return of the benchmark index (Russell 3000 TR USD), 9.01%.
  • <strong>AOVIX expense ratio</strong> is 1.04%, which is not negligible. Is the fund expensive to you, and does it align to your investment strategy?
In the AOVIX review, we covered AOVIX key stats (return, performance, yield, expense ratio, and holdings), buy and sell analysis, and alternative investments. If this review was helpful to you, feel free to check out other mutual fund and ETF reviews.
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