American Century Mid-Cap Value
American Century Mid-Cap Value (ACMVX) is led by Phil Davidson, who has a superb track record at this fund. The fund is up 22% during the past year and is ranked in the top 18% of its category by Morningstar during the past five years, returning 10.9% annually over the period. That performance has helped drive roughly $4.3 billion in assets under management.
Holdings in the financial services sector account for 20% of this portfolio. Current top holdings include: Republic Services (RSG), Northern Trust (NTRS), Imperial Oil (IMO), ADT (ADT) and Great Plains Energy (GXP).
Risk is always a calculation when considering investment choices — a fact that I keep in mind in The Relevant Investor newsletter. This fund is a lower-risk choice among stock funds, with a beta of 0.91.
ACMVX is a no-load fund that charges 1% in expenses, or $100 for every $10,000 invested.