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FOCUSED LARGE CAP VALUE FUND
mutual fund
ALPAX
Payout Change
Pending
Price as of:
$10.08
+0.04
+0.4%
primary theme
U.S. Large-Cap Value Equity
ALPAX (Mutual Fund)
FOCUSED LARGE CAP VALUE FUND
Payout Change
Pending
Price as of:
$10.08
+0.04
+0.4%
primary theme
U.S. Large-Cap Value Equity
ALPAX (Mutual Fund)
FOCUSED LARGE CAP VALUE FUND
Payout Change
Pending
Price as of:
$10.08
+0.04
+0.4%
primary theme
U.S. Large-Cap Value Equity
Name
As of 12/23/2024Price
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
11.2%
1 yr return
11.9%
3 Yr Avg Return
6.5%
5 Yr Avg Return
7.5%
Net Assets
$3.29 B
Holdings in Top 10
37.4%
52 WEEK LOW AND HIGH
$10.0
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.09%
SALES FEES
Front Load 5.75%
Deferred Load N/A
TRADING FEES
Turnover 42.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,500
IRA
$1,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/23/2024Price
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
ALPAX - Profile
Distributions
- YTD Total Return 11.2%
- 3 Yr Annualized Total Return 6.5%
- 5 Yr Annualized Total Return 7.5%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.34%
- Dividend Yield 1.6%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameFOCUSED LARGE CAP VALUE FUND
-
Fund Family NameAmerican Century Investments
-
Inception DateOct 26, 2000
-
Shares Outstanding3235954
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerBrian Woglom
Fund Description
Under normal market conditions, the portfolio managers will invest at least 80% of the fund’s assets in securities of large capitalization companies. For purposes of this 80% test, the fund defines large capitalization companies as those with capitalizations within the range of the Russell 1000® Index. Though market capitalization may change from time to time, as of June 30, 2024, the market capitalization range of the Russell 1000® Index was approximately $364.0 million to $3.3 trillion.
In selecting stocks for the fund, the portfolio managers look for companies whose stock price may not adequately reflect the company’s value. The managers attempt to purchase the stocks of these undervalued companies and hold each stock until the price has increased to, or is higher than, a level the managers believe more accurately reflects the fair value of the company. The portfolio managers use a variety of analytical research tools and techniques to help them make decisions about buying or holding securities of companies that meet their investment criteria and selling the securities of companies that do not. The fund normally invests in a relatively limited number of companies, generally 30-50. The fund may invest a portion of its assets in foreign securities when these securities meet the portfolio managers’ standards of selection.
The portfolio managers may sell stocks from the fund’s portfolio if they believe a stock no longer meets their valuation criteria.
ALPAX - Performance
Return Ranking - Trailing
| Period | ALPAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 11.2% | -32.7% | 51.5% | 74.41% |
| 1 Yr | 11.9% | -32.4% | 51.6% | 75.35% |
| 3 Yr | 6.5%* | -9.5% | 17.8% | 53.42% |
| 5 Yr | 7.5%* | -2.1% | 43.8% | 80.22% |
| 10 Yr | 7.3%* | 1.2% | 24.7% | 77.71% |
* Annualized
Return Ranking - Calendar
| Period | ALPAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 2.2% | -16.9% | 46.1% | 74.77% |
| 2022 | -9.7% | -64.7% | 4.6% | 32.41% |
| 2021 | -2.5% | -44.2% | 57.5% | 96.57% |
| 2020 | 0.1% | -23.2% | 285.0% | 46.59% |
| 2019 | 24.4% | -21.4% | 48.5% | 15.31% |
Total Return Ranking - Trailing
| Period | ALPAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 11.2% | -32.7% | 51.5% | 74.41% |
| 1 Yr | 11.9% | -32.4% | 51.6% | 75.35% |
| 3 Yr | 6.5%* | -9.5% | 17.8% | 53.42% |
| 5 Yr | 7.5%* | -2.1% | 43.8% | 80.22% |
| 10 Yr | 7.3%* | 1.2% | 24.7% | 77.71% |
* Annualized
Total Return Ranking - Calendar
| Period | ALPAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 5.7% | -15.9% | 46.7% | 86.02% |
| 2022 | 1.5% | -42.0% | 8.5% | 4.75% |
| 2021 | 17.8% | 3.6% | 129.7% | 96.18% |
| 2020 | 2.3% | -22.6% | 304.8% | 57.43% |
| 2019 | 27.3% | -12.7% | 52.1% | 29.89% |
NAV & Total Return History
ALPAX - Holdings
Concentration Analysis
| ALPAX | Category Low | Category High | ALPAX % Rank | |
|---|---|---|---|---|
| Net Assets | 3.29 B | 2.09 M | 163 B | 29.09% |
| Number of Holdings | 57 | 2 | 1727 | 72.50% |
| Net Assets in Top 10 | 1.28 B | 466 K | 39.5 B | 24.23% |
| Weighting of Top 10 | 37.38% | 4.4% | 99.1% | 18.84% |
Top 10 Holdings
- Johnson Johnson 7.07%
- Medtronic PLC 3.87%
- Duke Energy Corp 3.74%
- Zimmer Biomet Holdings Inc 3.72%
- United Parcel Service Inc 3.52%
- Norfolk Southern Corp 3.51%
- JPMorgan Chase Co 3.01%
- Analog Devices Inc 2.99%
- Unilever PLC 2.97%
- Truist Financial Corp 2.97%
Asset Allocation
| Weighting | Return Low | Return High | ALPAX % Rank | |
|---|---|---|---|---|
| Stocks | 97.17% | 4.16% | 102.49% | 70.81% |
| Other | 2.64% | -2.59% | 39.89% | 3.55% |
| Cash | 0.19% | 0.00% | 17.28% | 90.55% |
| Preferred Stocks | 0.00% | 0.00% | 13.68% | 33.40% |
| Convertible Bonds | 0.00% | 0.00% | 3.66% | 29.89% |
| Bonds | 0.00% | 0.00% | 97.99% | 33.12% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | ALPAX % Rank | |
|---|---|---|---|---|
| Healthcare | 25.56% | 0.00% | 30.08% | 2.74% |
| Financial Services | 21.98% | 0.00% | 58.05% | 24.17% |
| Consumer Defense | 14.79% | 0.00% | 34.10% | 8.78% |
| Industrials | 9.69% | 0.00% | 42.76% | 68.84% |
| Technology | 8.02% | 0.00% | 54.02% | 80.17% |
| Utilities | 6.54% | 0.00% | 27.04% | 23.89% |
| Energy | 6.33% | 0.00% | 54.00% | 73.09% |
| Communication Services | 3.90% | 0.00% | 26.58% | 75.64% |
| Consumer Cyclical | 1.64% | 0.00% | 22.74% | 96.13% |
| Real Estate | 1.55% | 0.00% | 90.54% | 65.53% |
| Basic Materials | 0.00% | 0.00% | 20.01% | 93.77% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | ALPAX % Rank | |
|---|---|---|---|---|
| US | 91.34% | 4.16% | 102.49% | 82.32% |
| Non US | 5.83% | 0.00% | 24.08% | 13.19% |
ALPAX - Expenses
Operational Fees
| ALPAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.09% | 0.03% | 14.82% | 35.12% |
| Management Fee | 0.83% | 0.00% | 1.50% | 92.78% |
| 12b-1 Fee | 0.25% | 0.00% | 1.00% | 31.74% |
| Administrative Fee | N/A | 0.00% | 0.50% | N/A |
Sales Fees
| ALPAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | 5.75% | 1.00% | 5.75% | 11.69% |
| Deferred Load | N/A | 0.95% | 5.00% | N/A |
Trading Fees
| ALPAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 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.
| ALPAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 42.00% | 0.00% | 488.00% | 56.07% |
ALPAX - Distributions
Dividend Yield Analysis
| ALPAX | Category Low | Category High | ALPAX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 1.57% | 0.00% | 16.67% | 42.04% |
Dividend Distribution Analysis
| ALPAX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Quarterly | Annual | Quarterly | Quarterly |
Net Income Ratio Analysis
| ALPAX | Category Low | Category High | ALPAX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.34% | -1.51% | 4.28% | 50.19% |
Capital Gain Distribution Analysis
| ALPAX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 17, 2024 | $0.040 | OrdinaryDividend |
| Dec 17, 2024 | $0.100 | CapitalGainShortTerm |
| Dec 17, 2024 | $0.667 | CapitalGainLongTerm |
| Sep 17, 2024 | $0.044 | OrdinaryDividend |
| Mar 19, 2024 | $0.037 | OrdinaryDividend |
| Dec 19, 2023 | $0.045 | OrdinaryDividend |
| Dec 19, 2023 | $0.056 | CapitalGainShortTerm |
| Dec 19, 2023 | $0.118 | CapitalGainLongTerm |
| Sep 19, 2023 | $0.039 | OrdinaryDividend |
| Jun 20, 2023 | $0.050 | OrdinaryDividend |
| Mar 21, 2023 | $0.029 | OrdinaryDividend |
| Dec 21, 2022 | $0.048 | OrdinaryDividend |
| Dec 21, 2022 | $0.054 | CapitalGainShortTerm |
| Dec 21, 2022 | $0.429 | CapitalGainLongTerm |
| Sep 20, 2022 | $0.045 | OrdinaryDividend |
| Jun 21, 2022 | $0.036 | OrdinaryDividend |
| Mar 22, 2022 | $0.025 | OrdinaryDividend |
| Mar 22, 2022 | $0.056 | CapitalGainShortTerm |
| Mar 22, 2022 | $0.496 | CapitalGainLongTerm |
| Dec 21, 2021 | $2.047 | OrdinaryDividend |
| Sep 21, 2021 | $0.042 | OrdinaryDividend |
| Jun 22, 2021 | $0.052 | OrdinaryDividend |
| Mar 23, 2021 | $0.031 | OrdinaryDividend |
| Dec 22, 2020 | $0.111 | OrdinaryDividend |
| Sep 22, 2020 | $0.036 | OrdinaryDividend |
| Jun 16, 2020 | $0.043 | OrdinaryDividend |
| Mar 10, 2020 | $0.027 | OrdinaryDividend |
| Dec 20, 2019 | $0.042 | OrdinaryDividend |
| Dec 20, 2019 | $0.086 | CapitalGainLongTerm |
| Sep 17, 2019 | $0.036 | OrdinaryDividend |
| Jun 18, 2019 | $0.049 | OrdinaryDividend |
| Mar 19, 2019 | $0.031 | OrdinaryDividend |
| Dec 20, 2018 | $0.045 | OrdinaryDividend |
| Dec 11, 2018 | $0.398 | CapitalGainLongTerm |
| Sep 18, 2018 | $0.035 | OrdinaryDividend |
| Jun 19, 2018 | $0.046 | OrdinaryDividend |
| Mar 20, 2018 | $0.043 | OrdinaryDividend |
| Dec 26, 2017 | $0.025 | OrdinaryDividend |
| Dec 12, 2017 | $0.091 | CapitalGainShortTerm |
| Dec 12, 2017 | $0.289 | CapitalGainLongTerm |
| Sep 19, 2017 | $0.073 | OrdinaryDividend |
| Jun 20, 2017 | $0.031 | OrdinaryDividend |
| Mar 21, 2017 | $0.026 | OrdinaryDividend |
| Dec 27, 2016 | $0.067 | OrdinaryDividend |
| Sep 20, 2016 | $0.032 | OrdinaryDividend |
| Jun 21, 2016 | $0.036 | OrdinaryDividend |
| Mar 15, 2016 | $0.016 | OrdinaryDividend |
| Dec 28, 2015 | $0.036 | OrdinaryDividend |
| Sep 08, 2015 | $0.024 | OrdinaryDividend |
| Jun 09, 2015 | $0.025 | OrdinaryDividend |
| Mar 10, 2015 | $0.007 | OrdinaryDividend |
| Dec 23, 2014 | $0.028 | OrdinaryDividend |
| Sep 09, 2014 | $0.021 | OrdinaryDividend |
| Jun 10, 2014 | $0.033 | OrdinaryDividend |
| Mar 11, 2014 | $0.016 | OrdinaryDividend |
| Dec 23, 2013 | $0.030 | OrdinaryDividend |
| Sep 10, 2013 | $0.029 | OrdinaryDividend |
| Jun 11, 2013 | $0.028 | OrdinaryDividend |
| Mar 12, 2013 | $0.018 | OrdinaryDividend |
| Dec 26, 2012 | $0.032 | OrdinaryDividend |
| Sep 18, 2012 | $0.025 | OrdinaryDividend |
| Jun 12, 2012 | $0.031 | OrdinaryDividend |
| Mar 13, 2012 | $0.015 | OrdinaryDividend |
| Dec 27, 2011 | $0.028 | OrdinaryDividend |
| Sep 20, 2011 | $0.023 | OrdinaryDividend |
| Jun 14, 2011 | $0.019 | OrdinaryDividend |
| Mar 22, 2011 | $0.015 | OrdinaryDividend |
| Dec 28, 2010 | $0.016 | OrdinaryDividend |
| Sep 21, 2010 | $0.020 | OrdinaryDividend |
| Jun 15, 2010 | $0.016 | OrdinaryDividend |
| Mar 23, 2010 | $0.022 | OrdinaryDividend |
| Dec 29, 2009 | $0.018 | OrdinaryDividend |
| Sep 15, 2009 | $0.018 | OrdinaryDividend |
| Jun 16, 2009 | $0.021 | OrdinaryDividend |
| Mar 17, 2009 | $0.030 | OrdinaryDividend |
| Dec 29, 2008 | $0.035 | OrdinaryDividend |
| Dec 09, 2008 | $0.004 | CapitalGainShortTerm |
| Dec 09, 2008 | $0.075 | CapitalGainLongTerm |
| Sep 16, 2008 | $0.033 | OrdinaryDividend |
| Jun 17, 2008 | $0.029 | OrdinaryDividend |
| Mar 18, 2008 | $0.031 | OrdinaryDividend |
| Dec 28, 2007 | $0.037 | OrdinaryDividend |
| Dec 11, 2007 | $0.184 | CapitalGainLongTerm |
| Dec 11, 2007 | $0.027 | CapitalGainShortTerm |
| Sep 11, 2007 | $0.030 | OrdinaryDividend |
| Jun 12, 2007 | $0.030 | OrdinaryDividend |
| Mar 13, 2007 | $0.025 | OrdinaryDividend |
| Dec 27, 2006 | $0.036 | OrdinaryDividend |
| Dec 12, 2006 | $0.034 | CapitalGainShortTerm |
| Dec 12, 2006 | $0.028 | CapitalGainLongTerm |
| Sep 12, 2006 | $0.025 | OrdinaryDividend |
| Jun 13, 2006 | $0.026 | OrdinaryDividend |
| Mar 14, 2006 | $0.026 | OrdinaryDividend |
| Dec 28, 2005 | $0.029 | OrdinaryDividend |
| Dec 06, 2005 | $0.070 | CapitalGainShortTerm |
| Dec 06, 2005 | $0.084 | CapitalGainLongTerm |
| Sep 13, 2005 | $0.019 | OrdinaryDividend |
| Jun 14, 2005 | $0.021 | OrdinaryDividend |
| Mar 15, 2005 | $0.022 | OrdinaryDividend |
| Dec 28, 2004 | $0.029 | OrdinaryDividend |
| Dec 07, 2004 | $0.004 | CapitalGainShortTerm |
| Dec 07, 2004 | $0.017 | CapitalGainLongTerm |
| Sep 14, 2004 | $0.024 | OrdinaryDividend |
| Jun 15, 2004 | $0.019 | OrdinaryDividend |
| Mar 16, 2004 | $0.013 | OrdinaryDividend |
| Dec 31, 2003 | $0.019 | OrdinaryDividend |
| Sep 16, 2003 | $0.018 | OrdinaryDividend |
| Jun 17, 2003 | $0.017 | OrdinaryDividend |
| Mar 18, 2003 | $0.014 | OrdinaryDividend |
| Dec 31, 2002 | $0.016 | OrdinaryDividend |
| Sep 30, 2002 | $0.016 | OrdinaryDividend |
| Jun 28, 2002 | $0.016 | OrdinaryDividend |
| Mar 28, 2002 | $0.012 | OrdinaryDividend |
| Dec 07, 2001 | $0.012 | OrdinaryDividend |
| Sep 28, 2001 | $0.012 | OrdinaryDividend |
ALPAX - Fund Manager Analysis
Managers
Brian Woglom
Start Date
Tenure
Tenure Rank
Jan 08, 2016
6.4
6.4%
Brian is a member of the team of investment professionals managing the U.S. Value Yield, U.S. Value, U.S. Large Cap Value, U.S. Mid Cap Value and U.S. Equity Market Neutral Value strategies and related accounts, and he co-manages U.S. Large Cap Value, U.S. Value, U.S. Mid Cap Value and U.S. Equity Market Neutral Value. He joined American Century Investments in 2005. Previously, Brian was an investment analyst for Argo Partners and an analyst for the portfolio management unit of Metropolitan Life Insurance Co. He has worked in the investment industry since 1998. Brian earned a bachelor's degree in economics from Amherst College and a master’s degree in business administration from the University of Michigan. He is a CFA® charterholder and a member of the CFA Institute.
Phillip Davidson
Start Date
Tenure
Tenure Rank
May 01, 2018
4.08
4.1%
Mr. Davidson, CFA, is a senior vice president and executive portfolio manager for American Century Investments. Prior to joining American Century in 1993, Phil was vice president and equity portfolio manager for Boatmen’s Trust Company in St. Louis. During his 11 years at Boatmen’s, he specialized in the management of institutional equity accounts using a value-oriented investment style. He has worked in the financial industry since 1980. Phil holds a bachelor’s degree in business administration and a master’s degree in finance from Illinois State University.
Philip Sundell
Start Date
Tenure
Tenure Rank
Apr 29, 2019
3.09
3.1%
Mr. Sundell, CFA, is a portfolio manager for American Century Investments, a premier investment manager headquartered in Kansas City, Missouri. He is based in the company’s Kansas City, Missouri office. He joined American Century Investments in 1997 as a financial analyst and became a research analyst for the Global Value Equity discipline in 2001. Phil holds a bachelor’s degree from Missouri State University and a master’s degree in business administration from Texas Christian University. He is a CFA® charterholder and a member of the CFA Institute.
Adam Krenn
Start Date
Tenure
Tenure Rank
Dec 10, 2020
1.47
1.5%
Mr. Krenn, Portfolio Manager, has been a member of the team that manages the fund since 2011. He joined American Century Investments in 2011 as an investment analyst. He became a senior analyst in 2012 and a portfolio manager in 2020. He has a bachelor’s degree from the University of Notre Dame. He is a CFA charterholder
Kevin Toney
Start Date
Tenure
Tenure Rank
Dec 10, 2020
1.47
1.5%
Kevin Toney, CFA, CIO, senior vice president and senior portfolio manager for American Century Investments, joined the company in 1999 as an investment analyst and became a portfolio manager in 2006. Kevin is responsible for the teams that manage the company’s value and real estate equity strategies that comprise the firm’s Global Value Equity discipline. Before joining American Century Investments, Kevin was an associate in the M&A group of Toronto Dominion Securities. He has worked in the investment industry since 1993.
Michael Liss
Start Date
Tenure
Tenure Rank
Dec 10, 2020
1.47
1.5%
Michael Liss, CFA, is Vice President and Senior Portfolio Manager of American Century. Mr. Liss has been with American Century since 1998. He holds a bachelor’s degree in accounting and finance from Albright College and an MBA in finance from Indiana University.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.05 | 86.59 | 8.12 | 6.71 |
