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LARGE CAP EQUITY FUND
mutual fund
AFYDX
Payout Change
Pending
Price as of:
$54.52
+0.59
+1.09%
primary theme
U.S. Large-Cap Blend Equity
AFYDX (Mutual Fund)
LARGE CAP EQUITY FUND
Payout Change
Pending
Price as of:
$54.52
+0.59
+1.09%
primary theme
U.S. Large-Cap Blend Equity
AFYDX (Mutual Fund)
LARGE CAP EQUITY FUND
Payout Change
Pending
Price as of:
$54.52
+0.59
+1.09%
primary theme
U.S. Large-Cap Blend Equity
Name
As of 12/24/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
23.2%
1 yr return
23.2%
3 Yr Avg Return
7.8%
5 Yr Avg Return
13.8%
Net Assets
$4.52 B
Holdings in Top 10
39.0%
52 WEEK LOW AND HIGH
$53.9
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.44%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 18.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/24/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
AFYDX - Profile
Distributions
- YTD Total Return 23.2%
- 3 Yr Annualized Total Return 7.8%
- 5 Yr Annualized Total Return 13.8%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.81%
- Dividend Yield 1.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameLARGE CAP EQUITY FUND
-
Fund Family NameAmerican Century Investments
-
Inception DateApr 10, 2017
-
Shares Outstanding454463
-
Share ClassY
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJoseph Reiland
Fund Description
The fund will generally invest in large capitalization companies it believes show sustainable business improvement using a proprietary multi-factor model that combines fundamental measures of a stock’s value and growth potential with environmental, social, and governance (ESG) metrics. The model assigns each security a financial metrics score and an ESG score that are combined on an equal basis to create an overall score.
To measure value, the portfolio managers may use ratios of stock price-to-earnings and stock price-to-cash flow. To measure growth, the managers may use the rate of growth of a company’s earnings and cash flow and changes in its earnings estimates. The model also considers price momentum. The team arrives at an ESG score by evaluating multiple metrics of each ESG characteristic—environmental, social, and governance. The portfolio managers utilize internal data and research, as well as third party commercial data sources and scoring systems, to evaluate each security’s ESG characteristics. To the extent such information is available and relevant for a particular company, portfolio managers will consider, among others, a company’s carbon emission profile, energy and water usage, or waste generation (environmental), a company’s employee turnover rates, digital privacy, or worker safety (social), and a company’s corporate leadership, including board chair independence and the independence of audit and compensation committees or shareholder rights such as say on pay (governance). If an ESG score is unavailable or incomplete, a security may still be selected for the portfolio if the portfolio managers believe they can evaluate the security qualitatively, or if the financial metrics and/or remaining ESG data merit investment. Qualitative review of portfolio securities may include examination of registration statements and other information provided by the company as well as engagement with company management.
Final scores for each security are evaluated on a sector-specific basis, and the fund seeks to hold securities with the strongest scores in their respective sectors. Using this process, the portfolio managers attempt to build a portfolio of stocks that has sustainable competitive advantages, provides better returns without taking on significant additional risk, and maintains a stronger ESG profile than the S&P 500® Index.
Under normal market conditions, the fund will invest at least 80% of its net assets in equity securities of large capitalization companies. Equity securities include common stock, preferred stock, and equity-equivalent securities, such as securities convertible into common stock. For purposes of this 80% test, the fund defines large capitalization companies as those that are in the capitalization range of the S&P 500® Index. Though market capitalization may change from time to time, as of September 30, 2024, the total market capitalization range of the S&P 500® Index was approximately $4.9 billion to $3.5 trillion.
Although the portfolio managers intend to invest the fund’s assets primarily in U.S. securities, the fund may invest in securities of foreign companies when these securities meet the portfolio managers’ standards of selection.
When determining whether to sell a security, the portfolio managers consider among other things, a security’s price, whether a security’s risk parameters outweigh its return opportunities, general market conditions, and whether the security meets their ESG criteria.
AFYDX - Performance
Return Ranking - Trailing
| Period | AFYDX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 23.2% | -53.3% | 47.6% | 55.20% |
| 1 Yr | 23.2% | -53.0% | 47.8% | 55.03% |
| 3 Yr | 7.8%* | -24.7% | 16.4% | 60.03% |
| 5 Yr | 13.8%* | -10.4% | 108.3% | 41.08% |
| 10 Yr | N/A* | -0.6% | 52.3% | 32.07% |
* Annualized
Return Ranking - Calendar
| Period | AFYDX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 22.1% | -42.6% | 47.4% | 33.03% |
| 2022 | -20.0% | -56.3% | -4.2% | 35.09% |
| 2021 | 25.5% | -27.2% | 537.8% | 11.83% |
| 2020 | 18.8% | -22.5% | 2181.7% | 10.60% |
| 2019 | 33.0% | -13.5% | 40.4% | 2.88% |
Total Return Ranking - Trailing
| Period | AFYDX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 23.2% | -53.3% | 47.6% | 55.20% |
| 1 Yr | 23.2% | -53.0% | 47.8% | 55.03% |
| 3 Yr | 7.8%* | -24.7% | 16.4% | 60.03% |
| 5 Yr | 13.8%* | -10.4% | 108.3% | 41.08% |
| 10 Yr | N/A* | -0.6% | 52.3% | 29.70% |
* Annualized
Total Return Ranking - Calendar
| Period | AFYDX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 24.6% | -5.0% | 47.4% | 47.42% |
| 2022 | -19.2% | -36.8% | -2.2% | 69.43% |
| 2021 | 29.0% | 3.0% | 537.8% | 18.55% |
| 2020 | 19.7% | -15.8% | 2266.0% | 26.50% |
| 2019 | 34.3% | -0.4% | 241.3% | 4.92% |
NAV & Total Return History
AFYDX - Holdings
Concentration Analysis
| AFYDX | Category Low | Category High | AFYDX % Rank | |
|---|---|---|---|---|
| Net Assets | 4.52 B | 2.34 M | 1.84 T | 30.85% |
| Number of Holdings | 123 | 2 | 3963 | 46.19% |
| Net Assets in Top 10 | 1.72 B | 880 K | 525 B | 31.01% |
| Weighting of Top 10 | 39.00% | 0.3% | 111.6% | 36.47% |
Top 10 Holdings
- Microsoft Corp 7.70%
- NVIDIA Corp 7.36%
- Apple Inc 6.95%
- Alphabet Inc 4.15%
- Amazon.com Inc 3.39%
- Meta Platforms Inc 2.53%
- UnitedHealth Group Inc 1.94%
- Mastercard Inc 1.67%
- NextEra Energy Inc 1.66%
- Home Depot Inc/The 1.65%
Asset Allocation
| Weighting | Return Low | Return High | AFYDX % Rank | |
|---|---|---|---|---|
| Stocks | 99.74% | 0.00% | 105.79% | 20.23% |
| Other | 0.22% | -13.91% | 100.00% | 16.09% |
| Cash | 0.04% | 0.00% | 99.07% | 91.21% |
| Preferred Stocks | 0.00% | 0.00% | 2.15% | 28.61% |
| Convertible Bonds | 0.00% | 0.00% | 5.54% | 24.63% |
| Bonds | 0.00% | 0.00% | 93.85% | 30.43% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | AFYDX % Rank | |
|---|---|---|---|---|
| Technology | 26.14% | 0.00% | 48.94% | 20.35% |
| Financial Services | 14.53% | 0.00% | 55.59% | 34.04% |
| Consumer Cyclical | 13.18% | 0.00% | 30.33% | 9.71% |
| Healthcare | 12.40% | 0.00% | 52.29% | 84.21% |
| Industrials | 9.59% | 0.00% | 29.90% | 40.54% |
| Communication Services | 7.78% | 0.00% | 27.94% | 61.32% |
| Consumer Defense | 6.38% | 0.00% | 47.71% | 64.78% |
| Energy | 3.15% | 0.00% | 41.64% | 67.23% |
| Real Estate | 2.47% | 0.00% | 31.91% | 60.39% |
| Basic Materials | 2.44% | 0.00% | 25.70% | 58.45% |
| Utilities | 1.94% | 0.00% | 20.91% | 66.89% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | AFYDX % Rank | |
|---|---|---|---|---|
| US | 98.71% | 0.00% | 105.79% | 48.01% |
| Non US | 1.02% | 0.00% | 63.83% | 17.99% |
AFYDX - Expenses
Operational Fees
| AFYDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.44% | 0.01% | 19.75% | 77.05% |
| Management Fee | 0.44% | 0.00% | 1.90% | 40.25% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.00% | 0.85% | N/A |
Sales Fees
| AFYDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 1.00% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| AFYDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.25% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| AFYDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 18.00% | 0.00% | 268.00% | 40.00% |
AFYDX - Distributions
Dividend Yield Analysis
| AFYDX | Category Low | Category High | AFYDX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.96% | 0.00% | 25.47% | 38.49% |
Dividend Distribution Analysis
| AFYDX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | Quarterly | Quarterly |
Net Income Ratio Analysis
| AFYDX | Category Low | Category High | AFYDX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.81% | -54.00% | 2.44% | 42.97% |
Capital Gain Distribution Analysis
| AFYDX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 17, 2024 | $0.514 | OrdinaryDividend |
| Dec 17, 2024 | $3.222 | CapitalGainLongTerm |
| Dec 19, 2023 | $0.579 | OrdinaryDividend |
| Dec 19, 2023 | $0.422 | CapitalGainLongTerm |
| Dec 21, 2022 | $0.378 | OrdinaryDividend |
| Dec 07, 2021 | $1.321 | OrdinaryDividend |
| Dec 08, 2020 | $0.288 | OrdinaryDividend |
| Dec 17, 2019 | $0.105 | OrdinaryDividend |
| Dec 17, 2019 | $0.203 | CapitalGainLongTerm |
| Dec 18, 2018 | $0.069 | CapitalGainShortTerm |
| Dec 18, 2018 | $1.600 | CapitalGainLongTerm |
| Dec 18, 2018 | $0.316 | OrdinaryDividend |
| Dec 19, 2017 | $0.275 | OrdinaryDividend |
| Dec 19, 2017 | $0.613 | CapitalGainLongTerm |
AFYDX - Fund Manager Analysis
Managers
Joseph Reiland
Start Date
Tenure
Tenure Rank
Jun 13, 2008
13.97
14.0%
Joe co-manages the U.S. Sustainable Large Cap Core, U.S. Systematic Large Cap Core and U.S. Systematic All Cap Core strategies and provides quantitative research and risk management for these strategies as well as U.S. Large Cap Growth. Joe has been a member of this team since the firm in 2000. Previously, he was an equity analyst in the equity research department at Commerce Bank. Joe has worked in the investment industry since 1995. He earned a bachelor's degree from the Olin School of Business at Washington University in St. Louis. Joe is a CFA charterholder and a member of the CFA Institute.
Justin Brown
Start Date
Tenure
Tenure Rank
Jun 13, 2008
13.97
14.0%
Justin co-manages the U.S. Large Cap Growth and U.S. Sustainable Large Cap Core strategies and provides fundamental research and equity analysis on the consumer discretionary, commercial services, and technology sectors for these strategies. Justin has been a member of this team since joining the firm in 2000. Previously, he was an equity analyst at USAA Investment Management Company with responsibilities for technology and retail sector coverage. Prior to USAA, Justin was an equity analyst at Hanifen Imhoff. He earned a bachelor's degree in finance from Texas Christian University. Justin is a CFA charterholder and a member of the CFA Institute.
Robert Bove
Start Date
Tenure
Tenure Rank
Dec 31, 2008
13.42
13.4%
Rob co-manages the U.S. Sustainable Large Cap Core strategy and provides fundamental research and equity analysis on the health care and consumer staples sectors for this strategy as well as the U.S. Large Cap Growth strategy. He has been a member of the team since joining the firm in 2005. Previously, he was an analyst for U.S. Trust Company of New York with responsibilities that included health care sector coverage. Rob has worked in the investment industry since 1994. He earned a bachelor's degree in accounting from Villanova University and a master's degree in business administration with a concentration in finance from New York University.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.04 | 39.02 | 7.29 | 2.42 |
