YTD Total Return As of 04/24/2025 | -0.17% |
Nav As of 04/24/2025 | $12.28 |
Nav Change ($0.11) | 0.90% |
Overview
One Choice® In Retirement Portfolio seeks current income with some capital appreciation for investors currently in retirement. It consists of a relatively conservative allocation of stocks, bonds, and short-term investments. View our complete lineup of One Choice Portfolios Solutions.
The target date in a fund's name is the approximate year when investors plan to retire or start withdrawing their money. The principal value of the investment is not guaranteed at any time, including at the target date.
Each target-date fund seeks the highest total return consistent with American Century Investments' proprietary asset mix. Over time, the asset mix and weightings are adjusted to be more conservative. In general, as the target year approaches, the portfolio's allocation becomes more conservative by decreasing the allocation to stocks and increasing the allocation to bonds and cash equivalents.
Pursues a smoother investor journey.
With our moderate approach, our objective is to create a smoother path towards your investment goals.
Focuses on better outcomes for tomorrow.
As retirement nears, our flatter glide path seeks to moderate the potential to lock in a loss in the event of a market downturn.
Intentionally moderate for over 20 years.
“Intentionally moderate” means deliberately balancing risks to help manage losses.
Key Facts
Investment Objective | Seeks current income. Capital appreciation is a secondary objective. |
Inception Date | 08/31/2004 |
Morningstar Category | Target-Date Retirement |
Total Assets | $1,513,642,464 As of 03/31/2025 |
Distribution Frequency | Quarterly |
Morningstar Overall Rating Based on risk-adjusted return | Out of 130 funds. Target-Date Retirement category As of 03/31/2025 |
Fees
| Gross Expense Ratio | 1.30% |
| Net Expense Ratio | 1.26% |
Trading Information
| Ticker | ARSRX |
| CUSIP | 02507F761 |
Morningstar ratings vary among share classes and are based on historical risk-adjusted total returns.
LSEG Lipper Award for Performance
One Choice in Retirement Portfolio recognized for 5-year consistent performance.* The win is more meaningful knowing it has benefited clients seeking income.
*LSEG Lipper Mixed-Asset Target Today 5-Year performance: One Choice in Retirement Portfolio, R6 Shares. LSEG Lipper Fund Awards, ©2025 LSEG Lipper. All rights reserved. Used under license.
Performance
Ratings and Risk
Portfolio
Team
Senior Portfolio Manager and Head of Multi-Asset Portfolio Management
2018
1995
Senior Portfolio Manager and Head of Multi-Asset Research
2013
2001
Vice President
Senior Portfolio Manager, Multi-Asset Strategies
2010
1988
How To Buy
Individual Investors: This share class is only available for purchase through an employer sponsored retirement plan. Call 1-800-345-3533 to speak to a business retirement services representative. However, you can purchase the investor share class of this fund on the website.
View Investor Share ClassFinancial Advisors: Contact your wholesaler at 1-800-345-6488 for more information.
The management fee has been restated to reflect the decrease in the management fee schedule effective December 1, 2024. The advisor has agreed to waive a portion of the fund's management fee, expects this waiver to continue until November 30, 2025, and cannot terminate it prior to such date without the approval of the Board of Directors. Returns or yields for the fund would have been lower if a portion of the management fee had not been waived. Review the annual or semiannual report for the most current information.
The value and/or returns of a portfolio will fluctuate with market and economic conditions.
The performance of the portfolios is dependent on the performance of their underlying American Century Investments' funds and will assume the risks associated with these funds. The risks will vary according to each portfolio's asset allocation, and a fund with a later target date is expected to be more volatile than one with an earlier target date.
International investing involves special risks, such as political instability and currency fluctuations.
Investing in fixed income securities entails interest rate, credit and price risks.
Historically, small- and/or mid-cap stocks have been more volatile than the stock of larger, more-established companies. Smaller companies may have limited resources, product lines and markets, and their securities may trade less frequently and in more limited volumes than the securities of larger companies.
Generally, as interest rates rise, the value of the bonds held in the fund will decline. The opposite is true when interest rates decline.
Please see the prospectus for details about sales charges.
The gross expense ratio is the fund's total annual operating costs, expressed as a percentage of the fund's average net assets for a given time period. It is gross of any fee waivers or expense reimbursement. The net expense ratio is the expense ratio after the application of any waivers or reimbursement. This is the actual ratio that investors paid during the fund's most recent fiscal year. Please see the prospectus for more information.
Investor Class Shares: Minimum initial investment is $1,000 for IRA and CESA accounts, and $2,500 for non-retirement accounts, but these minimums are waived with an initial investment of at least $500 per account and automatic investments of at least $100 per month. Non-Retirement Accounts: If your account balance falls below the minimum, or if you cancel your automatic monthly investment plan prior to reaching the minimum, American Century Investments may redeem the account and send the proceeds to you. Prior to doing so, we will notify you and give you 90 days to meet the minimum or reinstate your automatic monthly investment plan.
©2025 Morningstar, Inc. All Rights Reserved. Certain information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.
For detailed descriptions of indices or investing terms referenced above, refer to our glossary.
LSEG Lipper Fund Awards
LSEG Lipper Mixed-Asset Target Today five-year performance: One Choice in Retirement Portfolio, R6 Shares.
The LSEG Lipper Fund Awards, granted annually, highlight funds and fund companies that have excelled in delivering consistently strong risk-adjusted performance relative to their peers.
The LSEG Lipper Fund Awards are based on the Lipper Leader for Consistent Return rating, which is a risk-adjusted performance measure calculated over 36, 60 and 120 months. The fund with the highest Lipper Leader for Consistent Return (Effective Return) value in each eligible classification wins the LSEG Lipper Fund Award. For more information, see lipperfundawards.com . Although LSEG makes reasonable efforts to ensure the accuracy and reliability of the data contained herein, their accuracy is not guaranteed by LSEG Lipper.
LSEG Lipper Fund Awards, ©2025 LSEG Lipper. All rights reserved. Used under license.