On Dec. 10, 2020, firm veterans Michael Liss, Kevin Toney, and Adam Krenn joined American Century Focused Large Cap Value’s management team. Their additions signal the conclusion of the strategy’s three-month structural transition from American Century Large Company Value. The firm planned these changes well in advance and don’t alter the strategy’s Morningstar Analyst Rating range of Bronze to Neutral.
American Century Focused Lg Cap Val I ALVSX
NAV / 1-Day Return
12.02
/
0.17
%
Total Assets
966.7 Mil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
0.640%
Expense Ratio
0.640%
Fee Level
Below Average
Longest Manager Tenure
5.26
years
Category
Large Value
Investment Style
Large ValueMin. Initial Investment
5,000,000
Status
Open
TTM Yield
1.75%
Turnover
72%
Premium
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will ALVSX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable ALVSX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the ALVSX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of ALVSX’s parent organization’s priorities and whether they’re in line with investors’ interests.
American Century Focused Large Cap Value Completes Its Structural Shift; Ratings Unchanged
