14 important things you should know about American Century Investments AROIX mutual fund

Updated: June 28, 2020
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Before we start: if you’re looking for AROIX “stock” price, you can quickly find it out by visiting Finny and typing "AROIX quote". If you’re looking for a quick scoop on AROIX "stock" (price chart, key stats, buy or sell analysis and holdings), go to Finny and look for "AROIX". You’ll get all this info in one place.

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

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

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

  1. Describe American Century Asset Allocation Portfolios, Inc: One Choice 2045 Portfolio; Investor Class Shares (AROIX).
  2. What are AROIX holdings?
  3. What is AROIX performance? What are AROIX historical returns?
  4. How many up and down years did AROIX have historically?
  5. What is AROIX dividend yield?
  6. What is AROIX minimum initial investment amount?
  7. What is AROIX expense ratio?
  8. Does AROIX have any sales loads or 12b-1 distribution expenses?
  9. What is AROIX tax efficiency (tax-cost ratio)?
  10. What is AROIX beta? How would you assess AROIX risk?
  11. What is AROIX Sharpe ratio?
  12. What is AROIX Finny Score? AROIX buy or sell?
  13. What are the pros of investing in AROIX? What are AROIX buy reasons?
  14. What are the cons of investing in AROIX? What are AROIX 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 2045 Portfolio; Investor Class Shares (AROIX).

The Fund seeks highest total return consistent with its asset mix. The Fund invests in the underlying fund with a variety of asset classes and investment styles. The underlying stock funds draw on growth, value and quantitative techniques and diversify investments among small, medium and large U.S. and foreign companies.

2. What are AROIX top holdings?

AROIX has 0 stock holdings and 0 bond holdings.

The top 10 holdings represent 71.99% of total assets. Here are the top holdings:

Name Symbol % Assets
American Century NT Diversified Bond G ACLDX 12.24%
American Century NT Large Co Val G ACLLX 10.99%
American Century Sustainable Equity G AFEGX 8.57%
American Century NT Mid Cap Value G ACLMX 6.87%
American Century NT Growth G ACLTX 6.82%
American Century NT International Gr G ACLNX 6.17%
American Century NT Heritage G ACLWX 5.74%
American Century NT Emerging Markets G ACLKX 5.13%
American Century Global Bond G AGBGX 4.88%
American Century NT Equity Growth G ACLEX 4.58%

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

AROIX has generated the following returns:

  • 1-month return is 4.13%;
  • 3-month return is -10.59%;
  • 1-year return is 0.16%;
  • 3-year return is 4.53%;
  • 5-year return is 4.54%;
  • 10-year return is 8.02%;
  • 15-year return is 6.66%.

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

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

5. What is AROIX dividend yield?

AROIX yield is 1.39%.

6. What is AROIX minimum initial investment amount?

AROIX minimum initial investment amount is $3.00K.

7. What is AROIX expense ratio?

AROIX expense ratio is 0.89%. The expense ratio of a fund is the total percentage of fund assets used for administrative, management, and all other expenses.

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

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

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

  • 1-year ax cost ratio is 2.21%;
  • 3-year ax cost ratio is 1.9%.

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

  • 3-year beta is 1.29;
  • 5-year beta is 1.28;
  • 10-year beta is 1.31;
  • 15-year beta is 1.33.

11. What is AROIX Sharpe ratio?

  • 3-year Sharpe ratio is 0.08;
  • 5-year Sharpe ratio is 0.21;
  • 10-year Sharpe ratio is 0.61.

Analysis

12. What is AROIX Finny Score? AROIX buy or sell?

AROIX Finny Score is 40. Our quantitative analysis shows 4 reasons to buy AROIX and 6 reasons to sell it, resulting in the Finny Score of 40.

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

The following are AROIX strengths from our perspective:

  • AROIX 3-year return is 4.53%, which is higher than the 3-year return of the benchmark index (S&P Target Date To 2045 TR), 3.57%.
  • AROIX 5-year return is 4.54%, which is higher than the 5-year return of the benchmark index (S&P Target Date To 2045 TR), 4.13%.
  • AROIX 10-year return is 8.02%, which is higher than the 10-year return of the benchmark index (S&P Target Date To 2045 TR), 7.93%.
  • Good news: this fund does not have 12b1, front-end or back-end sales fees.

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

The following are AROIX weaknesses from our perspective:

  • AROIX net assets are $572.10 million. This fund is not a popular choice with retail investors.
  • AROIX expense ratio is 0.89%, which is not negligible. Is the fund expensive to you, and does it align to your investment strategy?
  • AROIX 3-year Beta is 1.29, which is higher than the index (Morningstar Mod Tgt Risk TR USD) 3-year beta, 1.00. The fund is perceived to be riskier than the comparable index based on the previous 3 years.
  • AROIX 5-year Beta is 1.28, which is higher than the index (Morningstar Mod Tgt Risk TR USD) 5-year beta, 1.00. The fund is perceived to be riskier than the comparable index based on the previous 5 years.
  • AROIX 10-year Beta is 1.31, which is higher than the index (Morningstar Mod Tgt Risk TR USD) 10-year beta, 1.00. The fund is perceived to be riskier than the comparable index based on the previous 10 years.
  • AROIX 15-year Beta is 1.33, which is higher than the index (Morningstar Mod Tgt Risk TR USD) 15-year beta, 1.00. The fund is perceived to be riskier than the comparable index based on the previous 15 years.
In the AROIX review, we covered AROIX 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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