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HERITAGE FUND
mutual fund
ATHAX
Payout Change
Suspended
Price as of:
$20.19
+0.19
+0.95%
primary theme
U.S. Mid-Cap Growth Equity
ATHAX (Mutual Fund)
HERITAGE FUND
Payout Change
Suspended
Price as of:
$20.19
+0.19
+0.95%
primary theme
U.S. Mid-Cap Growth Equity
ATHAX (Mutual Fund)
HERITAGE FUND
Payout Change
Suspended
Price as of:
$20.19
+0.19
+0.95%
primary theme
U.S. Mid-Cap Growth 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
28.5%
1 yr return
29.5%
3 Yr Avg Return
3.5%
5 Yr Avg Return
11.7%
Net Assets
$5.67 B
Holdings in Top 10
23.6%
52 WEEK LOW AND HIGH
$20.0
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.25%
SALES FEES
Front Load 5.75%
Deferred Load N/A
TRADING FEES
Turnover 44.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,500
IRA
$1,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/24/2024Price
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
ATHAX - Profile
Distributions
- YTD Total Return 28.5%
- 3 Yr Annualized Total Return 3.5%
- 5 Yr Annualized Total Return 11.7%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.91%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameHERITAGE FUND
-
Fund Family NameAmerican Century Investments
-
Inception DateJul 11, 1997
-
Shares Outstanding14713704
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerNalin Yogasundram
Fund Description
The portfolio managers look for stocks of medium-sized companies they believe will increase in value over time, using an investment strategy developed by the fund’s investment advisor. In implementing this strategy, the portfolio managers make their investment decisions based primarily on their analysis of individual companies, rather than on broad economic forecasts. Management of the fund is based on the belief that durable franchises in a growing industry can sustain above average earnings growth. Under normal market conditions, the fund’s portfolio will primarily consist of securities of companies with attractive returns on invested capital that are demonstrating business improvement. Analytical indicators helping to identify signs of business improvement could include accelerating earnings or revenue growth rates, increasing cash flows, or other indications of the relative strength of a company’s business. These techniques help the portfolio managers make decisions about buying or holding the stocks of companies they believe have favorable growth prospects and selling the stocks of companies whose characteristics no longer meet their criteria.
The fund will usually purchase common stocks of companies that are medium-sized at the time of purchase, but it will purchase securities of smaller- and larger-sized companies as well.
Also, 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.
The fund may write covered calls on a portion of the fund’s holdings in common stock when the portfolio managers believe call premiums are attractive relative to the price of the underlying security.
The fund may engage in active and frequent trading of portfolio securities to achieve its principal investment strategies. This may cause higher transaction costs and may affect performance. It may also result in the realization and distribution of capital gains.
ATHAX - Performance
Return Ranking - Trailing
| Period | ATHAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 28.5% | -1.2% | 91.9% | 13.01% |
| 1 Yr | 29.5% | -1.4% | 88.1% | 12.43% |
| 3 Yr | 3.5%* | -14.8% | 56.7% | 18.82% |
| 5 Yr | 11.7%* | -2.0% | 98.8% | 18.37% |
| 10 Yr | 10.9%* | 2.4% | 24.4% | 35.99% |
* Annualized
Return Ranking - Calendar
| Period | ATHAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 19.1% | -27.7% | 68.0% | 50.58% |
| 2022 | -29.0% | -85.6% | 52.8% | 40.12% |
| 2021 | -2.8% | -74.9% | 238.3% | 56.05% |
| 2020 | 22.3% | -44.1% | 2474.5% | 64.38% |
| 2019 | 19.7% | -50.2% | 44.0% | 77.42% |
Total Return Ranking - Trailing
| Period | ATHAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 28.5% | -1.2% | 91.9% | 13.01% |
| 1 Yr | 29.5% | -1.4% | 88.1% | 12.43% |
| 3 Yr | 3.5%* | -14.8% | 56.7% | 18.82% |
| 5 Yr | 11.7%* | -2.0% | 98.8% | 18.37% |
| 10 Yr | 10.9%* | 2.4% | 24.4% | 35.99% |
* Annualized
Total Return Ranking - Calendar
| Period | ATHAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 20.2% | -26.1% | 68.0% | 52.14% |
| 2022 | -28.3% | -67.0% | 56.8% | 52.84% |
| 2021 | 10.8% | -23.5% | 342.2% | 63.31% |
| 2020 | 42.2% | 2.6% | 2549.1% | 35.21% |
| 2019 | 35.1% | 14.6% | 44.8% | 38.71% |
NAV & Total Return History
ATHAX - Holdings
Concentration Analysis
| ATHAX | Category Low | Category High | ATHAX % Rank | |
|---|---|---|---|---|
| Net Assets | 5.67 B | 2.73 M | 100 B | 20.16% |
| Number of Holdings | 94 | 24 | 3569 | 28.29% |
| Net Assets in Top 10 | 1.39 B | 635 K | 11.9 B | 16.86% |
| Weighting of Top 10 | 23.62% | 4.5% | 97.8% | 63.76% |
Top 10 Holdings
- Palantir Technologies Inc 3.09%
- Hilton Worldwide Holdings Inc 2.93%
- Trade Desk Inc/The 2.65%
- Ares Management Corp 2.38%
- MSCI Inc 2.35%
- Vistra Corp 2.13%
- Corpay Inc 2.10%
- Church Dwight Co Inc 2.06%
- Datadog Inc 2.04%
- LPL Financial Holdings Inc 1.90%
Asset Allocation
| Weighting | Return Low | Return High | ATHAX % Rank | |
|---|---|---|---|---|
| Stocks | 99.69% | 58.72% | 103.99% | 19.38% |
| Other | 0.37% | -0.11% | 14.15% | 19.19% |
| Cash | 0.00% | 0.00% | 28.07% | 94.77% |
| Preferred Stocks | 0.00% | 0.00% | 6.15% | 59.88% |
| Convertible Bonds | 0.00% | 0.00% | 0.40% | 53.68% |
| Bonds | 0.00% | 0.00% | 2.73% | 57.75% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | ATHAX % Rank | |
|---|---|---|---|---|
| Technology | 35.36% | 0.04% | 62.17% | 26.74% |
| Healthcare | 19.28% | 0.00% | 37.06% | 33.91% |
| Industrials | 17.39% | 0.00% | 38.23% | 30.23% |
| Consumer Cyclical | 13.73% | 0.00% | 57.41% | 55.62% |
| Financial Services | 4.43% | 0.00% | 43.01% | 71.51% |
| Communication Services | 3.75% | 0.00% | 18.33% | 33.91% |
| Consumer Defense | 2.45% | 0.00% | 16.40% | 44.77% |
| Real Estate | 1.86% | 0.00% | 19.28% | 58.72% |
| Basic Materials | 1.75% | 0.00% | 17.25% | 59.69% |
| Utilities | 0.00% | 0.00% | 12.94% | 65.12% |
| Energy | 0.00% | 0.00% | 62.10% | 83.91% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | ATHAX % Rank | |
|---|---|---|---|---|
| US | 99.23% | 46.79% | 103.99% | 27.13% |
| Non US | 0.46% | 0.00% | 34.12% | 24.03% |
ATHAX - Expenses
Operational Fees
| ATHAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.25% | 0.02% | 17.54% | 34.69% |
| Management Fee | 1.00% | 0.00% | 1.50% | 94.95% |
| 12b-1 Fee | 0.25% | 0.00% | 1.00% | 47.00% |
| Administrative Fee | N/A | 0.00% | 0.40% | N/A |
Sales Fees
| ATHAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | 5.75% | 3.00% | 5.75% | 25.40% |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| ATHAX 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.
| ATHAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 44.00% | 0.00% | 250.31% | 56.13% |
ATHAX - Distributions
Dividend Yield Analysis
| ATHAX | Category Low | Category High | ATHAX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 33.43% | 63.57% |
Dividend Distribution Analysis
| ATHAX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | SemiAnnual | Annual |
Net Income Ratio Analysis
| ATHAX | Category Low | Category High | ATHAX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.91% | -2.24% | 2.75% | 76.57% |
Capital Gain Distribution Analysis
| ATHAX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 17, 2024 | $0.645 | CapitalGainShortTerm |
| Dec 17, 2024 | $3.059 | CapitalGainLongTerm |
| Dec 19, 2023 | $0.171 | CapitalGainLongTerm |
| Mar 22, 2022 | $0.180 | CapitalGainLongTerm |
| Dec 07, 2021 | $3.078 | OrdinaryDividend |
| Dec 08, 2020 | $3.547 | CapitalGainLongTerm |
| Dec 17, 2019 | $2.346 | CapitalGainLongTerm |
| Dec 18, 2018 | $0.439 | CapitalGainShortTerm |
| Dec 18, 2018 | $3.880 | CapitalGainLongTerm |
| Dec 19, 2017 | $2.109 | CapitalGainLongTerm |
| Dec 20, 2016 | $1.758 | CapitalGainLongTerm |
| Dec 22, 2015 | $2.729 | OrdinaryDividend |
| Dec 16, 2014 | $3.851 | CapitalGainLongTerm |
| Dec 04, 2013 | $0.100 | CapitalGainShortTerm |
| Dec 04, 2013 | $3.502 | CapitalGainLongTerm |
| Dec 18, 2012 | $0.469 | CapitalGainLongTerm |
| Dec 23, 2008 | $0.101 | OrdinaryDividend |
| Dec 18, 2007 | $0.063 | CapitalGainShortTerm |
| Dec 18, 2007 | $0.994 | CapitalGainLongTerm |
| Dec 19, 2006 | $1.065 | CapitalGainLongTerm |
| Dec 13, 2005 | $0.085 | CapitalGainLongTerm |
| Dec 18, 2000 | $1.460 | CapitalGainShortTerm |
| Dec 18, 2000 | $2.143 | CapitalGainLongTerm |
| Dec 20, 1999 | $0.728 | CapitalGainShortTerm |
| Dec 20, 1999 | $0.756 | CapitalGainLongTerm |
| Dec 20, 1999 | $0.003 | OrdinaryDividend |
| Dec 21, 1998 | $0.004 | OrdinaryDividend |
ATHAX - Fund Manager Analysis
Managers
Nalin Yogasundram
Start Date
Tenure
Tenure Rank
Mar 01, 2016
6.25
6.3%
Nalin Yogasundram, Vice President and Portfolio Manager, has been a member of the team that manages the Fund since joining American Century in 2013 as an investment analyst and became a portfolio manager in 2016. Prior to joining American Century, he was an equity analyst for T. Rowe Price. He has a bachelor’s degree from the University of Arkansas, a master’s degree from Southern Methodist University, and an MBA from The Wharton School of the University of Pennsylvania.
Robert Brookby
Start Date
Tenure
Tenure Rank
Feb 16, 2018
4.29
4.3%
Robert M. Brookby, Vice President and Senior Portfolio Manager, has been a member of the team that manages the fund since joining American Century Investments in 2018. From 2008 to 2018, he was a portfolio manager for Putnam Investments. He was Senior Vice President and Portfolio Manager at Putnam Investments. Robert’s career in the investment industry began in 1999. He worked with Putnam Investments since 2008. Before joining Putnam, Robert was an Equity Analyst with Raymond James Financial from 1999 to 2000.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.04 | 36.3 | 9.42 | 11.76 |
