AOOIX — One Choice 2045 Portfolio, I Class
Data updated: 2026-09-29
AOOIX — One Choice 2045 Portfolio, I Class. 0.67% expense ratio · no sales load · since 2004. Holdings, fees, performance and SEC filings.
AOOIX Fund Overview
AOOIX — One Choice 2045 Portfolio, I 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: $1.25B
- 1-year return: 13.5%
- Ticker: AOOIX
- SEC CIK: 0001293210
- SEC series ID: S000005393
- Share class ID: C000014681
AOOIX Investment Objective and Strategy
One Choice 2045 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 2045 Portfolio is a fund of funds, meaning that it seeks to achieve its objective by investing in other American Century mutual funds (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). The following table indicates the funds neutral mix; that is, how the funds investments generally will be allocated among the major asset classes. The table also shows the neutral weightings of each underlying fund currently being used within the various asset classes.
This information is as of the date of this prospectus. Equity Securities (Stock Funds) 75.00 % NT Core Equity Plus Fund 3.34 % NT Disciplined Growth Fund 2.85 % NT Emerging Markets Fund 5.44 % NT Equity Growth Fund 10.03 % NT Global Real Estate Fund 2.25 % NT Growth Fund 8.54 % NT Heritage Fund 5.86 % NT International Growth Fund 6.20 % NT International Small-Mid Cap Fund 2.34 % NT International Value Fund 3.50 % NT Large Company Value Fund 11.38 % NT Mid Cap Value Fund 7.19 % NT Non-U.S. Intrinsic Value Fund 3.15 % NT Small Company Fund 2.93 % Fixed-Income Securities (Bond Funds) 23.00 % Emerging Markets Debt Fund 1.73 % Global Bond Fund 4.60 % Inflation-Adjusted Bond Fund 2.30 % International Bond Fund 0.00 % NT Diversified Bond Fund 11.49 % NT High Income Fund 2.88 % Short Duration Inflation Protection Bond Fund 0.00 % Cash Equivalents (Money Market Fund) 2.00 % U.S.
Government Money Market Fund 2.00 % The target date in the fund name (2045) refers to the approximate year an investor plans to retire and likely would stop making new investments in the fund. The fund assumes a retirement age of 65 and may not be appropriate for an investor who plans to retire at or near the target date, but at an age well before or after 65. As the target date approaches, the funds neutral mix will become more conservative by decreasing the allocation to stocks and increasing the allocation to bonds and cash. By the time the fund reaches its target date, the neutral mix will become fixed and match that of One Choice In Retirement Portfolio, which is currently 45% stock funds, 45% bond funds and 10% money market funds. The fund is designed for investors who plan to withdraw the value of their account gradually after retirement.
The following chart shows how the neutral mix is expected to change over time according to a predetermined glide path. 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. In order to implement such deviations, the fund may purchase futures directly. We reserve the right to modify the neutral mix and underlying funds from time to time should circumstances warrant a change.
AOOIX Holdings
Top 10 holdings of One Choice 2045 Portfolio by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| American Century Diversified Bond Fund | 15.87% |
| American Century Large Cap Equity Fund | 10.56% |
| American Century Focused Large Cap Value Fund | 10.54% |
| American Century International Growth Fund | 7.15% |
| American Century Global Bond Fund | 6.46% |
| American Century Growth Fund | 5.87% |
| American Century International Value Fund | 5.04% |
| American Century Mid Cap Value Fund | 4.98% |
| American Century Emerging Markets Fund | 4.09% |
| American Century High Income Fund | 4.03% |
AOOIX Portfolio Allocation
Asset-class allocation of One Choice 2045 Portfolio by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 100.0% |
AOOIX Performance
Total returns for AOOIX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 6.95% |
| 1 year | 13.54% |
| 3 years (annualised) | 11.59% |
| 5 years (annualised) | 5.67% |
AOOIX Risk Information
Risk metrics for AOOIX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 8.72%
AOOIX Costs and Fees
AOOIX costs about $67 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.67%
- Gross expense ratio: 0.70%
- Portfolio turnover: 11%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
AOOIX Cashflows
Over the 12 months to 2026-07, One Choice 2045 Portfolio had net outflows of $161.56M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-07 | −$571.58K |
| 2026-06 | −$16.11M |
| 2026-05 | −$7.78M |
| 2026-04 | −$15.37M |
| 2026-03 | −$9.68M |
| 2026-02 | −$9.03M |
AOOIX Debt Constituents
No individual debt constituents are reported in One Choice 2045 Portfolio's latest SEC N-PORT filing.
AOOIX Prospectus and SEC Filings
Official One Choice 2045 Portfolio filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2025-11-25
- Prospectus (485BPOS) — filed 2024-11-26
- Prospectus (485BPOS) — filed 2023-11-28
- 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.