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The company was founded by James E. Stowers Jr. in 1958 as "Twentieth Century Mutual Funds", a family of no-load funds, in Kansas City, Missouri. [1] Stowers started the funds in 1958 with just $100,000 in assets from 24 shareholders. [2]
In 1958, Stowers started Twentieth Century Mutual Funds, a family of no-load funds, in Kansas City, Missouri. [5] Stowers started the funds in 1958 with just $100,000 in assets from 24 shareholders. [6] He built his business concentrating on small investors. The company changed its name to American Century Investments in 1997. [7]
American Century is a term used by some historians to refer to the 20th Century. American Century may also refer to: American Century (comics), a comic series published by DC Comics from 2001; American Century Investments, an investment management firm; The American Century: Varieties of Culture in Modern Times, a book by Norman F. Cantor
The fund comes with no investment minimums and a low cost, making it a solid pick as a core bond holding in a diversified portfolio. 5-year annualized return: 0.2 percent. Yield: 3.1 percent.
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OTC Markets Group, Inc. (formerly known as National Quotation Bureau, Pink Sheets, and Pink OTC Markets) is an American financial services corporation that operates a financial market providing price and liquidity information for almost 12,400 over-the-counter (OTC) securities. [3]
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Adams Funds traces its roots to Adams Express Company, a 19th-century freight and cargo transport business that was part of the Pony Express system. It became an investment company in 1929, just prior to the October 1929 stock market crash. Adams survived the Great Depression and is now one of the oldest closed-end funds at 91 years old. [1]