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

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

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

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

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

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

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

Fact Sheet

1. Describe American Century Quantitative Equity Funds, Inc: Utilities Fund; Investor Class Shares (BULIX).

The Fund seeks current income and long-term growth of capital and income. Under normal market conditions, the fund invests at least 80% of its assets in equity securities of companies engaged in the utilities industry. he fund may change this 80% policy only upon 60 days prior written notice to shareholders.

2. What are BULIX top holdings?

BULIX has 46 stock holdings and 0 bond holdings.

The top 10 holdings represent 55.77% of total assets. Here are the top holdings:

Name Symbol % Assets
Verizon Communications Inc VZ 11.55%
AT&T Inc T 9.59%
NextEra Energy Inc NEE 5.76%
Southern Co SO 5.19%
American Electric Power Co Inc AEP 4.96%
Dominion Energy Inc D 4.23%
Entergy Corp ETR 4.10%
Duke Energy Corp DUK 3.97%
FirstEnergy Corp FE 3.45%
American Water Works Co Inc AWK 2.97%

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

BULIX has generated the following returns:

  • 1-month return is -7.99%;
  • 3-month return is -20.07%;
  • 1-year return is -7.36%;
  • 3-year return is 0.54%;
  • 5-year return is 4.34%;
  • 10-year return is 8.20%;
  • 15-year return is 6.91%.

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

In the last 10 years, BULIX had 9 up years and 1 down year.

5. What is BULIX dividend yield?

BULIX yield is 2.97%.

6. What is BULIX minimum initial investment amount?

BULIX minimum initial investment amount is $3.00K.

7. What is BULIX expense ratio?

BULIX expense ratio is 0.67%. The expense ratio of a fund is the total percentage of fund assets used for administrative, management, and all other expenses.

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

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

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

  • 1-year ax cost ratio is 1.21%;
  • 3-year ax cost ratio is 1.86%.

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

  • 3-year beta is 0.59;
  • 5-year beta is 0.52;
  • 10-year beta is 0.47.

11. What is BULIX Sharpe ratio?

  • 3-year Sharpe ratio is -0.08;
  • 5-year Sharpe ratio is 0.31;
  • 10-year Sharpe ratio is 0.68.

Analysis

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

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

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

The following are BULIX strengths from our perspective:

  • Good news: this fund does not have 12b1, front-end or back-end sales fees.
  • BULIX 3-year Beta is 0.59, which is inversely correlated with the index (MSCI ACWI NR USD). The could be good if you're trying to hedge your portfolio.
  • BULIX 5-year Beta is 0.52, which is inversely correlated with the index (MSCI ACWI NR USD). The could be good if you're trying to hedge your portfolio.
  • BULIX 10-year Beta is 0.47, which is inversely correlated with the index (MSCI ACWI NR USD). The could be good if you're trying to hedge your portfolio.

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

The following are BULIX weaknesses from our perspective:

  • BULIX net assets are $417.20 million. This fund is not a popular choice with retail investors.
  • BULIX 3-year return is 0.54%, which is lower than the 3-year return of the benchmark index (S&P 500 TR USD), 9.1%.
  • BULIX 5-year return is 4.34%, which is lower than the 5-year return of the benchmark index (S&P 500 TR USD), 9.05%.
  • BULIX 10-year return is 8.2%, which is lower than the 10-year return of the benchmark index (S&P 500 TR USD), 12.06%.
  • BULIX 15-year return is 6.91%, which is lower than the 15-year return of the benchmark index (S&P 500 TR USD), 8.54%.
  • BULIX expense ratio is 0.67%, which is not negligible. Is the fund expensive to you, and does it align to your investment strategy?
In the BULIX review, we covered BULIX 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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