10 important things you should know about American Century Investments BULIX mutual fund
Updated: October 10, 2021
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 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. What is BULIX dividend yield?
  5. What is BULIX minimum initial investment amount?
  6. Does BULIX have any sales loads or 12b-1 distribution expenses?
  7. What is BULIX Finny Score? BULIX buy or sell?
  8. What are the pros of investing in BULIX? What are BULIX buy reasons?
  9. 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 39 stock holdings and 0 bond holdings.

The top 10 holdings represent 55.15% of total assets. Here are the top holdings:

Name Symbol % Assets
NextEra Energy Inc NEE 14.74%
Dominion Energy Inc D 6.04%
Duke Energy Corp DUK 5.42%
American Water Works Co Inc AWK 4.61%
Xcel Energy Inc XEL 4.58%
Southern Co SO 4.53%
PPL Corp PPL 4.36%
Entergy Corp ETR 4.17%
Alliant Energy Corp LNT 3.60%
Consolidated Edison Inc ED 3.10%

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

BULIX has generated the following returns:

  • 1-month return is -6.04%;
  • 3-month return is 1.02%;
  • 1-year return is 1.02%;
  • 3-year return is 4.48%;
  • 5-year return is 5.73%;
  • 10-year return is 8.50%;
  • 15-year return is 6.62%.

4. What is BULIX dividend yield?

BULIX yield is 2.08%.

5. What is BULIX minimum initial investment amount?

BULIX minimum initial investment amount is $3.00K.

6. 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.

Analysis

7. 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.

8. 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.

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

The following are BULIX weaknesses from our perspective:

  • BULIX net assets are $311.10 million. This fund is not a popular choice with retail investors.
  • BULIX 3-year return is 4.48%, which is lower than the 3-year return of the benchmark index (S&P 500 TR USD), 17.14%.
  • BULIX 5-year return is 5.73%, which is lower than the 5-year return of the benchmark index (S&P 500 TR USD), 17.5%.
  • BULIX 10-year return is 8.5%, which is lower than the 10-year return of the benchmark index (S&P 500 TR USD), 16.61%.
  • BULIX 15-year return is 6.62%, which is lower than the 15-year return of the benchmark index (S&P 500 TR USD), 10.43%.
  • BULIX expense ratio is 0.66%, 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.