American Century Investments Equity Market Neutral Fund Class R (ALIRX)

Net Asset Value
1 Day
Overall Morningstar Rating
Market neutral
Style or Category
No Load
Sales Expenses
Expense Ratio
Morningstar Risk Rating™
Investment Objective The investment seeks capital appreciation independent of equity market conditions. In selecting stocks for the fund, the portfolio managers use quantitative management techniques in a two-step process. First, the managers rank stocks, primarily publicly traded U.S. companies with a market capitalization greater than $1 billion, from most attractive to least attractive based on each stock's value, as well as its growth potential. Second, the portfolio managers use a quantitative model to build a portfolio of stocks from the ranking described above that they believe will provide the optimal balance between risk and expected return.


1 month-2.00% 3 years+1.76%
3 months-2.09% 5 years+1.68%
1 year+1.80% Since inception+1.19%
Data through --

Peer Comparisonvs. Market neutral

Performance 5-yr return+1.68%+1.58%
Expense ratio3.57%1.81%
Risk 5 year sharpe ratio0.550.24
Net assets$110.2M$685.6M
Average market cap$7.0B$35.2B
Average P/E17.516.4
Portfolio turnover222%222%

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Fund Management and Purchase Info

Fund familyAmerican Century Investments
Fund manager & tenureClaudia Musat / 6 Years
Minimal initial investment$2,500.00
Minimum IRA investment--


U.S. stock2.76%
International stock0.00%
Fixed income0.00%
Top 5 Sectors
Portfolio weighting
Financial service 13.64%
Industrial materials 12.37%
Consumer goods 12.06%
Energy 10.52%
Hardware 10.46%
Top 10 Holdings
Portfolio weighting
NBR Nabors Industries Ltd0.57%
SUNE SunEdison Inc0.56%
SCS Steelcase Inc0.55%
MLHR Herman Miller Inc0.52%
MTX Minerals Technologies Inc0.52%
CNVR Conversant Inc0.52%
CBT Cabot Corp0.51%
GMT GATX Corp0.51%
TDS Telephone and Data Systems, Inc.0.51%
X United States Steel Corp0.51%

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