American Century Mid Cap Value Investor (ACMVX) a Zacks Rank #1 (Strong Buy) was incepted in March 2004. ACMVX seeks growth of capital over the long run. ACMVX invests a major portion of its assets in securities of mid-cap companies. ACMVX seeks to follow the capitalization range of the Russell 3000 Index in order to select medium-size companies.
This Mid Value fund, as of the last filing, allocates their fund in four major groups; Large Value, Intermediate Bond, Small Value and Foreign Stock. Further, as of the last filing, Northern Trust Corporation (NASDAQ:NTRS), Sysco Corporation (NYSE:SYY) and iShares Russell Mid-Cap Value were the top holdings for ACMVX.
American Century Mid Cap Value Investor, managed by American Century, carries an expense ratio of 1.00%. Moreover, ACMVX requires a minimal initial investment of $2,500.
ACMVX has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 1, 3, 5 year benchmarks; 1 year 5.38%, 3 year 12.22% and 5 year 12.16%. To see how this fund performed compared in its category and other #1 and #2 Ranked Mutual Funds, please click here.
ACMVX’s performance, as of the last filing, when compared to funds in its category was in the top 1% in 1 year, top 8% over the past 3 years, and in the 4% over the past 5 years.
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