EX-99.A60 2 acmf102423ex99a60articlesa.htm EX-99.A60 ARTICLES OF AMENDMENT Document

AMERICAN CENTURY MUTUAL FUNDS, INC.

ARTICLES OF AMENDMENT


    AMERICAN CENTURY MUTUAL FUNDS, INC., a Maryland corporation whose principal Maryland office is located in Baltimore, Maryland (the “Corporation”), hereby certifies to the State Department of Assessments and Taxation of Maryland that:

    FIRST: The Corporation is registered as an open-end company under the Investment Company Act of 1940.

    SECOND: Pursuant to authority expressly vested in the Board of Directors by Article FIFTH and Article SEVENTH of the Articles of Incorporation of the Corporation (“Articles of Incorporation”), the Board of Directors of the Corporation has (i) duly eliminated the NT Growth Fund; (ii) duly eliminated the NT Heritage Fund; and (iii) increased in some cases and decreased in some cases the number of shares of capital stock of certain series and classes that the Corporation has authority to issue in accordance with Section 2-105(c) of the Maryland General Corporation Law (the “Reallocation”).

    THIRD: Immediately prior to the Reallocation the Corporation had the authority to issue Fifteen Billion (15,000,000,000) shares of capital stock. Following the Reallocation, the Corporation has the authority to issue Fifteen Billion (15,000,000,000) shares of capital stock.

    FOURTH: The par value of shares of the Corporation's capital stock before the Reallocation was, and after the Reallocation is, One Cent ($0.01) per share.

    FIFTH: Immediately prior to the Reallocation, the aggregate par value of all shares of stock that the Corporation was authorized to issue was One Hundred Fifty Million Dollars ($150,000,000). After giving effect to the Reallocation, the aggregate par value of all shares of stock that the Corporation is authorized to issue is One Hundred Fifty Million Dollars ($150,000,000).

SIXTH: Immediately prior to the Reallocation, the number of shares allocated among the duly established classes of shares (each hereinafter referred to as a “Class”) of the nine (9) series of stock and aggregate par value of each Class was as follows:



Series Name

Class Name

No. of Shares
Aggregate
Par Value
Growth FundInvestor2,100,000,000$21,000,000
I460,000,0004,600,000
A40,000,000400,000
C20,000,000200,000
G780,000,0007,800,000
R40,000,000400,000
R6200,000,0002,000,000
R520,000,000200,000
Y40,000,000400,000






Series Name

Class Name

No. of Shares
Aggregate
Par Value
Select FundInvestor475,000,0004,750,000
I40,000,000400,000
A30,000,000300,000
C20,000,000200,000
R20,000,000200,000
R630,000,000300,000
R520,000,000200,000
Y30,000,000300,000
Ultra FundInvestor3,000,000,00030,000,000
I120,000,0001,200,000
A60,000,000600,000
C20,000,000200,000
G80,000,000800,000
R30,000,000300,000
R6110,000,0001,100,000
R520,000,000200,000
Y30,000,000300,000
Heritage FundInvestor2,100,000,00021,000,000
I175,000,0001,750,000
A170,000,0001,700,000
C40,000,000400,000
G600,000,0006,000,000
R40,000,000400,000
R670,000,000700,000
R520,000,000200,000
Y30,000,000300,000
Balanced FundInvestor530,000,0005,300,000
I50,000,000500,000
R520,000,000200,000
Small Cap Growth FundInvestor335,000,0003,350,000
I210,000,0002,100,000
A70,000,000700,000
C20,000,000200,000
G140,000,0001,400,000
R30,000,000300,000
R680,000,000800,000
R520,000,000200,000
Y45,000,000450,000


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Series Name

Class Name

No. of Shares
Aggregate
Par Value
Sustainable Equity Fund (f/k/aInvestor230,000,0002,300,000 
Fundamental Equity Fund)I60,000,000600,000 
A50,000,000500,000 
C20,000,000200,000 
G525,000,0005,250,000 
R25,000,000250,000 
R630,000,000300,000 
R520,000,000200,000 
Y30,000,000300,000 
NT Growth FundG780,000,000 7,800,000 
NT Heritage FundG600,000,000 6,000,000 

SEVENTH: Pursuant to authority expressly vested in the Board of Directors by Article FIFTH and Article SEVENTH of the Articles of Incorporation, the Board of Directors of the Corporation has (a) approved the amendments stated in Article SECOND above and (b) has allocated Fifteen Billion (15,000,000,000) shares of the Fifteen Billion (15,000,000,000) shares of authorized capital stock of the Corporation among the seven (7) series of stock of the Corporation and the various Classes as follows:




Series Name

Class Name

No. of Shares
Aggregate
Par Value
Growth FundInvestor2,100,000,000$21,000,000
I460,000,0004,600,000
A40,000,000400,000
C20,000,000200,000
G780,000,0007,800,000
R40,000,000400,000
R6300,000,0003,000,000
R520,000,000200,000
Y30,000,000300,000
Select FundInvestor475,000,0004,750,000
I40,000,000400,000
A30,000,000300,000
C20,000,000200,000
R20,000,000200,000
R630,000,000300,000
R520,000,000200,000
Y25,000,000250,000


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Series Name

Class Name

No. of Shares
Aggregate
Par Value
Ultra FundInvestor3,000,000,00030,000,000
I220,000,0002,200,000
A60,000,000600,000
C20,000,000200,000
G80,000,000800,000
R25,000,000250,000
R6210,000,0002,100,000
R520,000,000200,000
Y30,000,000300,000
Heritage FundInvestor2,100,000,00021,000,000
I175,000,0001,750,000
A170,000,0001,700,000
C20,000,000200,000
G600,000,0006,000,000
R40,000,000400,000
R6120,000,0001,200,000
R520,000,000200,000
Y75,000,000750,000
Balanced FundInvestor530,000,0005,300,000
I100,000,0001,000,000
R520,000,000200,000
Small Cap Growth FundInvestor435,000,000
4,350,000
I310,000,000
3,100,000
A70,000,000
700,000
C20,000,000
200,000
G200,000,000
2,000,000
R30,000,000
300,000
R6350,000,000
3,500,000
R520,000,000
200,000
Y145,000,000
1,450,000
Sustainable Equity Fund (f/k/aInvestor230,000,0002,300,000
Fundamental Equity Fund)I160,000,0001,600,000
A50,000,000500,000
C20,000,000200,000
G775,000,0007,750,000
R25,000,000250,000
R630,000,000300,000
R520,000,000200,000
Y25,000,000250,000

EIGHTH: Except as otherwise provided by the express provisions of these Articles of Amendment, nothing herein shall limit, by inference or otherwise, the discretionary right of the Board of Directors to serialize, classify or reclassify and issue any unissued shares of any series or class or any unissued shares that have not been allocated to a series or class, and to fix or alter all terms thereof, to the full extent provided by the Articles of Incorporation.

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    NINTH: A description of the series and classes of shares, including the preferences, conversion and other rights, voting powers, restrictions, limitations as to dividends, qualifications, and terms and conditions for redemption is set forth in the Articles of Incorporation and is not changed by these Articles of Amendment, except with respect to the creation and/or designation of the various series.

    TENTH: The Board of Directors of the Corporation duly adopted resolutions dividing into series and classes the authorized capital stock of the Corporation and allocating shares to each as set forth in these Articles of Amendment.

    ELEVENTH:     The amendments to the Articles of Incorporation as set forth above was approved by at least a majority of the entire Board of Directors of the Corporation and were limited to changes expressly authorized by Section 2-105(c) or Section 2-605 of the Maryland General Corporation Law without action by the stockholders.










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        IN WITNESS WHEREOF, AMERICAN CENTURY MUTUAL FUNDS, INC. has caused these Articles of Amendment to be signed and acknowledged in its name and on its behalf by its President and attested to by its Assistant Secretary on this 1st day of March, 2023.

ATTEST:AMERICAN CENTURY MUTUAL FUNDS, INC.
/s/ Otis H. Cowan/s/ Patrick Bannigan
Name:Otis H. CowanName:Patrick Bannigan
TitleAssistant SecretaryTitle:President

    THE UNDERSIGNED PRESIDENT OF AMERICAN CENTURY MUTUAL FUNDS, INC., who executed on behalf of said Corporation the foregoing Articles of Amendment, of which this certificate is made a part, hereby acknowledges, in the name of and on behalf of said Corporation, as to all matters or facts required to be verified under oath, the foregoing Articles of Amendment to be the corporate act of said Corporation and further certifies that, to the best of his knowledge, information and belief, those matters and facts, are true in all material respects under the penalties of perjury.


Dated:    March 1, 2023/s/ Patrick Bannigan
Patrick Bannigan, President


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