American Century Mid Cap Value A (ACLAX) a Zacks Rank #1 (Strong Buy) seeks long-term capital growth; income is a secondary consideration. Under normal market conditions, the portfolio managers will invest the majority of the fund's net assets in medium size companies
This Mid Value fund, as of the last filing, allocates their fund in three major groups; Large Value, Intermediate Bond and Small Value. Further, as of the last filing, NORTHERN TRUST CORP, IMPERIAL OIL LTD and TYCO INTERNATIONAL PLC NEW were the top holdings for ACLAX.
The American Century Mid Cap Value A fund, managed by American Cent , carries an expense ratio of 1.25%. Moreover, ACLAX requires a minimal initial investment of $2,500.
ACLAX 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 15.10%, 3 year 13.14% and 5 year 15.25%. To see how this fund performed compared in its category and other #1 and #2 Ranked Mutual Funds, please click here .
ACLAX's performance, as of the last filing, when compared to funds in its category was in the top 2% in 1 year, top 5% over the past 3 years, and in the 5% over the past 5 years.
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