AMJCX — Multi-Asset Income Fund

Data updated: 2020-10-07

AMJCX — Multi-Asset Income Fund. Income Allocation · $36.15M AUM · 1.88% expense ratio · -6.6% 1-yr return. Holdings, fees, performance and SEC filings.

AMJCX Fund Overview

AMJCX — Multi-Asset Income Fund is a US mutual fund managed by American Century Strategic Asset Allocations INC, categorised as Income Allocation. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

AMJCX Investment Objective and Strategy

Multi-Asset Income Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by American Century Strategic Asset Allocations INC.

Investment objective

The fund seeks income.

Principal investment strategy

The funds asset allocation strategy diversifies investments directly or indirectly among a broad range of U.S. and foreign income-oriented equity and fixed-income securities. The fund generally seeks diversification across markets, industries, and issuers to reduce volatility. While the fund is not required to allocate its assets in any fixed proportion, over the long term, the funds equity allocations are expected to range from approximately 20% to 80% of the funds assets, and the funds fixed-income (including cash and cash equivalents) allocations are expected to range from approximately 20% to 80% of the funds assets. To gain exposure to investment disciplines and categories, the fund may invest in varying combinations of other American Century funds (affiliated funds), unaffiliated funds, equity and debt securities, and certain derivative instruments.

With respect to both equity and fixed-income allocations, the fund may invest in affiliated and unaffiliated funds (acquired funds) to an unlimited extent. The equity portion of the fund provides broad exposure to income-oriented equity securities and equity-equivalent securities, including securities convertible into common stock. The portfolio managers look for equity securities of companies of all sizes with a favorable income-paying history that have prospects for income payments to continue or increase. To select stocks for purchase, the portfolio managers draw on fundamental value research and analysis as well as quantitative management techniques. The fund may invest in master limited partnerships and may also invest, directly or indirectly, in companies engaged in the utilities industry and real estate industry (including investment in real estate investment trusts).

The fixed-income portion of the fund represents a diverse range of debt securities that vary by issuer type (corporate and government), credit quality (investment-grade and high-yield) and that are payable in U.S. and foreign currencies. High-yield securities, which are also known as junk bonds, are those that have been rated by an independent rating agency below the highest four categories or determined by the advisor to be of similar quality. The fixed-income portion of the fund is expected to include corporate bonds and notes, government securities, bank loans, securities backed by mortgages or other assets and collateralized debt obligations (including collateralized loan obligations). The fund may also invest a portion of its assets in securities issued or guaranteed by the U.S. Treasury and certain U.S.

government agencies or instrumentalities, which may or may not be guaranteed by the U.S. Treasury or supported by the full faith and credit of the U.S. government. The fixed-income portion of the fund has no average maturity limitations, but typically invests in intermediate-term and long-term debt securities. The funds foreign investments may include securities of issuers located in developed and emerging market countries, as well as foreign currencies. The fund invests in derivative instruments, including foreign currency exchange contracts, in order to shift its investment exposure from one currency into another, for hedging purposes or to enhance income or returns. Securities may be sold when the portfolio managers believe they no longer represent attractive investment opportunities. The fund may engage in active and frequent trading of portfolio securities to achieve its principal investment strategies.

This may cause higher transaction costs and may affect performance. It may also result in the realization and distribution of capital gains.

AMJCX Performance

Total returns for AMJCX (as of 2026-10-01), from SEC filings.

PeriodTotal return
1 year-6.6%

AMJCX Risk Information

Risk metrics for AMJCX, derived from monthly returns in SEC filings.

  • 1-year volatility (annualised): 19.6%

AMJCX Costs and Fees

AMJCX costs about $188 per $10,000 invested per year in fund expenses.

  • Net expense ratio: 1.88%
  • Gross expense ratio: 2.14%
  • Portfolio turnover: 213%
  • Brokerage commissions: 7.52 bps of average net assets (SEC N-CEN)

AMJCX Cashflows

Over the 12 months to 2020-07, Multi-Asset Income Fund had net outflows of $15.21M, from monthly SEC N-PORT filings.

MonthNet flow
2020-07−$7.73M
2020-06−$2.15M
2020-05−$4.56M
2020-04−$1.01M
2020-03−$2.86M
2020-02−$46.39K

AMJCX Debt Constituents

No individual debt constituents are reported in Multi-Asset Income Fund's latest SEC N-PORT filing.

AMJCX Prospectus and SEC Filings

Official Multi-Asset Income Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

Related Funds

Other Income 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.