About ACLAX
American Century Mid Cap Value Fund A Class is a mutual fund focused on achieving long-term capital growth and income by investing primarily in medium-sized U.S. companies perceived to be undervalued. The fund seeks to exploit opportunities within the mid-cap segment—companies generally considered to have established business models and growth potential, but which are smaller than large-cap counterparts and often present more attractive valuation metrics.
This fund is actively managed by an experienced team that employs a disciplined, value-oriented investment approach, targeting stocks with strong fundamentals, lower price-to-book ratios, and modest growth expectations. It maintains a diversified portfolio across sectors such as healthcare, financial services, consumer defensive, utilities, energy, and industrials. Notable holdings often include companies like Zimmer Biomet Holdings Inc., Enterprise Products Partners, and U.S. Bancorp, reflecting a blend of stability and sector diversity.
With total assets around $7.7 billion and an above-average expense ratio of 1.23%, the fund is structured for investors seeking moderate risk and return potential through front-loaded A Class shares. Its benchmark is the Russell Midcap® Value Index, underlining its role as a core holding for those pursuing mid-cap value exposure in diversified portfolios.
Fund Family American Century Investments
Category Mid-Cap Value
Performance Rating Average
Risk Rating Low
Stock Exchange NASDAQ
Ticker Symbol ACLAX
Share Class A Class
Index Russell MidCap Value TR
ACLAX had a total return of 15.58% in the past year, including dividends. Since the fund's
inception, the average annual return has been 17.29%.
