AABEX — One Choice Blend+ 2020 Portfolio, A Class
Data updated: 2026-09-29
AABEX — One Choice Blend+ 2020 Portfolio, A Class. 0.84% expense ratio · 5.75% max sales load · since 2021. Holdings, fees, performance and SEC filings.
AABEX Fund Overview
AABEX — One Choice Blend+ 2020 Portfolio, A Class is a US mutual fund managed by American Century Asset Allocation Portfolios, Inc., categorised as Target Date / Glide Path Allocation. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: American Century Asset Allocation Portfolios, Inc.
- Category: Target Date / Glide Path Allocation
- Assets under management: $78.25M
- 1-year return: 9.6%
- Ticker: AABEX
- SEC CIK: 0001293210
- SEC series ID: S000071096
- Share class ID: C000225697
AABEX Investment Objective and Strategy
One Choice Blend+ 2020 Portfolio describes its objective and strategy as follows, from its latest prospectus filed with the SEC by American Century Asset Allocation Portfolios, Inc..
Investment objective
The fund seeks the highest total return consistent with its asset mix.
Principal investment strategy
One Choice Blend+ In Retirement Portfolio is a fund of funds, meaning that it seeks to achieve its objective by investing in other mutual funds advised by American Century (collectively, the underlying funds) that represent a variety of asset classes and investment styles. The underlying stock funds draw on growth, value and quantitative investment techniques and diversify investments among small, medium and large U.S. and foreign companies. The underlying bond funds invest in fixed-income securities that vary by issuer type (corporate and government), credit quality (investment-grade and high-yield or junk bonds) and geographic exposure (domestic and international). Short-term investments include underlying funds that invest in fixed-income or debt instruments and have a shorter-term weighted average duration, typically three years or less.
The following table indicates the funds neutral mix; that is, how the funds investments generally will be allocated among the major asset classes as of the date of this prospectus. Equity Securities (Stock Funds) 40.0 % U.S. Equity 27.6 % International Equity 11.4 % Real Estate 1.0 % Fixed-Income Securities (Bond Funds) 51.0 % Short-Term Investments (Short-Term Funds) 9.0 % The neutral mix of One Choice In Retirement Portfolio is expected to remain fixed over time. The fund is generally intended for investors near to, at, or in retirement and who likely are no longer making new investments in the fund. The fund is designed for investors who plan to gradually withdraw the value of their account after retirement. The fund assumes a retirement age of 65 and may not be appropriate for an investor retiring at an age well before or after age 65.
The portfolio managers regularly review the funds allocations to determine whether rebalancing is appropriate. In order to better balance risks in changing market environments, the portfolio managers may make modest deviations from the neutral mix in light of prevailing market conditions. We reserve the right to modify the neutral mix and underlying funds from time to time should circumstances warrant a change.
AABEX Holdings
Top 10 holdings of One Choice Blend+ 2020 Portfolio by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Avantis Core Fixed Income Fund | 25.00% |
| American Century Global Bond Fund | 10.14% |
| American Century Focused Large Cap Value Fund | 9.22% |
| American Century Growth Fund | 8.21% |
| American Century Short Duration Inflation Protection Bond Fund | 6.58% |
| Avantis US Equity Fund | 6.50% |
| Avantis International Equity Fund | 6.36% |
| American Century Short Duration Fund | 5.98% |
| American Century Inflation Adjusted Bond Fund | 4.18% |
| American Century High Income Fund | 3.57% |
AABEX Portfolio Allocation
Asset-class allocation of One Choice Blend+ 2020 Portfolio by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 99.9% |
AABEX Performance
Total returns for AABEX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 4.48% |
| 1 year | 9.58% |
| 3 years (annualised) | 8.68% |
| 5 years (annualised) | 3.78% |
AABEX Risk Information
Risk metrics for AABEX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 5.62%
AABEX Costs and Fees
AABEX costs about $84 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.84%
- Gross expense ratio: 0.85%
- Portfolio turnover: 41%
- Brokerage commissions: 0.13 bps of average net assets (SEC N-CEN)
AABEX Cashflows
Over the 12 months to 2026-07, One Choice Blend+ 2020 Portfolio had net inflows of $20.28M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-07 | −$2.61M |
| 2026-06 | −$3.03M |
| 2026-05 | $764.42K |
| 2026-04 | −$997.10K |
| 2026-03 | $175.96K |
| 2026-02 | $19.82M |
AABEX Debt Constituents
No individual debt constituents are reported in One Choice Blend+ 2020 Portfolio's latest SEC N-PORT filing.
AABEX Prospectus and SEC Filings
Official One Choice Blend+ 2020 Portfolio filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2025-11-25
- Prospectus (485BPOS) — filed 2023-11-28
- Prospectus supplement (497) — filed 2025-04-11
- Portfolio holdings (N-PORT) — filed 2026-09-29
- Portfolio holdings (N-PORT) — filed 2026-06-26
- Portfolio holdings (N-PORT) — filed 2026-03-30
- Annual census (N-CEN) — filed 2025-10-08
- Annual census (N-CEN) — filed 2024-10-09
Related Funds
Other Target Date / Glide Path Allocation funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.