American Century Equity Income Fund reopens

TheShadow

http://www.sec.gov/Archives/edgar/data/908186/000143774914012033/accp20140619_497.htm


American Century Capital Portfolios, Inc.


Summary Prospectus and

Prospectus Supplement


Equity Income Fund


Supplement dated July 1, 2014 ■ Summary Prospectus and Prospectus dated July 26, 2013


As of August 1, 2014, the fund will be open to all investors.


The following changes are effective August 1, 2014:


The first paragraph under Purchase and Sale of Fund Shares on page 4 of the summary prospectus and page 5 of the prospectus is deleted.



The section entitled Closed Fund Policies on page 17 of the prospectus is deleted.

VintageFreak

Hmm...WTF fore? It closed for a reason, and that reason could not have changed in a bull market. I smell an American rat stinking up this century, someone thinks this a cash cow. I have this fund in a 401k and own some of it instead of all S&P 500 index, but I think I'm going to fix that at first opportunity.

JohnChisum

This was a good fund in the 90's and I owned it. But AC started to use it in their fund of funds collections and I got out shortly after they closed it. I agree with VintageFreak on this one. Why?

As a long term American Century investor, I would take a hard long look before getting into this fund. There are better choices.