AMERICAN CENTURY
CAPITAL PORTFOLIOS, INC.
PROSPECTUS SUPPLEMENT
American Century Real Estate Fund
Supplement dated March 17, 1998
Prospectus dated February 17, 1998
SPECIAL MEETING OF SHAREHOLDERS
The Board of Directors has requested that the following matters be submitted to
shareholders of the fund for approval at a special meeting of shareholders to be
held on May 20, 1998:
1. To vote on the approval of a New Subadvisory Agreement with RREEF America,
L.L.C.;
2. To elect a Board of Directors of nine members; and
3. To ratify the selection of Deloitte & Touche LLP as independent auditors.
The record date for the meeting is March 13, 1998. If you own shares of the fund
as of the close of business on that date, you will be entitled to vote at the
meeting. Proxy materials containing more information about these proposals are
expected to be first sent to shareholders on or about March 20, 1998. If
approved by shareholders, the Proposals would become effective immediately.
[american century logo]
American
Century(reg.sm)
P.O. Box 419200
Kansas City, Missouri
64141-6200
1-800-345-2021 or 816-531-5575
SH-SPL-11980 9803
