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TWCUX American Century Ultra® Inv

  • Fund
  • TWCUX
  • Price as of: Dec 01, 2016
  • $36.03
  • - $0.24
  • - 0.66%
  • Category
  • Large Cap Growth Equities

TWCUX - Profile

Vitals

  • YTD Return 2.9%
  • 3 Yr Annualized Return 8.2%
  • 5 Yr Annualized Return 12.8%
  • Net Assets $8.15 B
  • Holdings in Top 10 39.6%

52 WEEK LOW AND HIGH

$36.03
$30.43
$37.73

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.98%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 16.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$2,500

IRA

$2,500

Investment Themes

CATEGORY

Large Cap Growth Equities
  • Fund Type Open End Mutual Fund
  • Investment Style Large Growth

Distributions

  • YTD Total Return 2.9%
  • 3 Yr Annualized Total Return 8.2%
  • 5 Yr Annualized Total Return 12.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.22%
DIVIDENDS
  • Dividend Yield 0.1%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name American Century Ultra® Fund
  • Fund Family Name American Century Investments
  • Inception Date Nov 02, 1981
  • Shares Outstanding N/A
  • Share Class Inv
  • Currency USD
  • Domiciled Country United States
  • Manager Michael Li

Fund Description

The American Century Investments Ultra Fund Investor Class (TWCUX) is an actively managed fund that focuses on large-cap growth stocks in the United States in order to aggressively grow capital. Managers at the fund use various growth metrics to find stocks that are showing faster earnings growth than the broad market as well as seeing high price momentum. As such, the fund is heavily weighted to tech and consumer discretionary names.

Expenses for TWCUX remain below average. As an actively managed growth fund, it is best suited as a side bet in a broad equity portfolio. The fund is managed by American Century Investments.

TWCUX - Performance

Return Ranking - Trailing

Period TWCUX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 2.9% -97.0% 130.0% 35.72% 2
1 Yr -0.1% -52.0% 75.7% 40.16% 3
3 Yr 8.2% * -15.1% 30.2% 15.76% 1
5 Yr 12.8% * 3.7% 17.1% 18.91% 1
10 Yr 8.0% * -0.3% 11.5% 14.01% 1

* Annualized


Return Ranking - Calendar

Period TWCUX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 0.7% -52.0% 11.4% 22.31% 2
2014 1.8% -40.3% 19.3% 41.65% 3
2013 31.2% -11.8% 56.4% 28.91% 2
2012 13.6% -21.6% 29.1% 50.61% 3
2011 1.2% -36.6% 14.5% 13.61% 1

Total Return Ranking - Trailing

Period TWCUX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 2.9% -97.0% 135.1% 37.43% 2
1 Yr -0.1% -71.3% 2606.2% 46.95% 3
3 Yr 8.2% * -21.9% 43.7% 29.14% 2
5 Yr 12.8% * 2.5% 17.1% 46.96% 3
10 Yr 8.0% * -0.6% 11.5% 33.54% 2

* Annualized


Total Return Ranking - Calendar

Period TWCUX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 6.5% -38.0% 19.0% 25.71% 2
2014 11.1% -17.3% 28.8% 59.42% 3
2013 47.7% -2.9% 382.6% 49.28% 3
2012 19.4% -13.0% 615.0% 69.14% 4
2011 1.6% -100.0% 67.8% 20.77% 2

NAV & Total Return History

TWCUX - Holdings

Filings data as of: Sep 30, 2016

Concentration Analysis

TWCUX Category Low Category High TWCUX % Rank Quintile
Net Assets 8.15 B 373 K 143 B 1.99% 1
Number of Holdings 69 1 2209 9.13% 3
Net Assets in Top 10 3.31 B 0 36 B 1.86% 1
Weighting of Top 10 39.6% 0.0% 150.9% 10.41% 2

Top 10 Holdings

  1. Apple Inc 8.55%
  2. Starbucks Corp 2.80%
  3. Amazon.com Inc 5.16%
  4. UnitedHealth Group Inc 3.06%
  5. Visa Inc Class A 3.76%
  6. Facebook Inc A 4.29%
  7. Alphabet Inc A 3.15%
  8. Alphabet Inc C 3.25%
  9. Mastercard Inc A 2.89%
  10. Celgene Corp 2.65%

Asset Allocation

Weighting Category Low Category High TWCUX % Rank Quintile
Stocks
99.58% 0.00% 110.73% 2.44% 1
Cash
0.41% -10.73% 100.00% 18.57% 4
Other
0.00% -1.57% 24.55% 8.23% 3
Convertible Bonds
0.00% 0.00% 3.55% 0.77% 1
Preferred Stocks
0.00% 0.00% 5.54% 2.57% 2
Bonds
0.00% -0.14% 76.74% 3.53% 1

Stock Sector Breakdown

Weighting Category Low Category High TWCUX % Rank Quintile
Technology
29.01% -1.29% 53.81% 9.13% 2
Consumer Cyclical
21.88% -2.22% 49.24% 4.76% 1
Healthcare
16.67% -1.03% 91.28% 11.63% 3
Financial Services
9.95% -2.38% 33.61% 13.69% 3
Consumer Defense
8.66% -1.43% 27.63% 10.80% 3
Industrials
8.50% -0.37% 25.68% 18.25% 4
Basic Materials
2.40% -1.18% 12.25% 10.99% 3
Energy
1.64% -1.24% 16.17% 16.07% 3
Communication Services
0.87% 0.00% 12.93% 19.28% 5
Real Estate
0.00% -0.04% 11.06% 13.95% 4
Utilities
0.00% -0.64% 12.13% 8.16% 2

Stock Geographic Breakdown

Weighting Category Low Category High TWCUX % Rank Quintile
US
97.83% 0.00% 110.73% 5.01% 1
Non US
1.75% 0.00% 89.90% 18.70% 4

TWCUX - Expenses

Operational Fees

TWCUX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.98% 0.00% 24.91% 12.80% 2
Management Fee 0.98% 0.00% 1.50% 0.90% 5
12b-1 Fee N/A 0.00% 1.00% N/A N/A
Administrative Fee N/A 0.00% 1.00% N/A N/A

Sales Fees

TWCUX Fees (% of AUM) Category Low Category High TWCUX Rank Quintile
Front Load N/A 1.50% 8.50% N/A N/A
Deferred Load N/A 1.00% 5.50% N/A N/A

Trading Fees

TWCUX Fees (% of AUM) Category Low Category High TWCUX Rank Quintile
Max Redemption Fee N/A 0.05% 5.00% N/A N/A

Turnover 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.

TWCUX Fees (% of AUM) Category Low Category High TWCUX Rank Quintile
Turnover 16.00% 0.00% 601.00% 13.05% 1

TWCUX - Distributions

Dividend Yield Analysis

TWCUX Category Low Category High TWCUX % Rank Quintile
Dividend Yield 0.1% 0.00% 2.85% 37.35% 3

Dividend Distribution Analysis

TWCUX Category Low Category High Category Mode
Dividend Distribution Frequency Annually Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

TWCUX Category Low Category High TWCUX % Rank Quintile
Net Income Ratio 0.22% -7.69% 3.70% 8.87% 2

Capital Gain Distribution Analysis

TWCUX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Daily Annually

TWCUX - Managers

Michael Li

Manager

Start Date

Dec 22, 2008

Tenure

7.86

Tenure Rank

5.4%

Michael Li, Vice President and Portfolio Manager. He joined American Century Investments in 2002 as an investment analyst and became a portfolio manager in 2006. Before joining American Century Investments, he attended The Wharton School at the University of Pennsylvania, where he obtained his MBA. He also has a bachelor of science degree from the University of Science and Technology of China and a Ph.D. from the University of Michigan.


Jeffrey R. Bourke

Manager

Start Date

Dec 31, 2008

Tenure

7.84

Tenure Rank

5.4%

Mr. Bourke, Portfolio Manager, has been a member of the team that manages the fund since 2008. He joined American Century Investments in 2007 as an analyst and became a portfolio manager in 2013. He has a bachelor’s of science degree in civil and environmental engineering from Duke University and an MBA in finance and accounting from the University of Chicago Booth School of Business. He is a CFA charterholder.


Keith Lee

Manager

Start Date

Dec 22, 2008

Tenure

7.86

Tenure Rank

5.4%

Lee is portfolio manager with American Century, his employer since 2001. Previously, he was a telecommunications analyst for Galleon Management between 2000 and 2001. Between 1998 and 2000 he was an international analyst for American Century. Prior to joining the firm for the first time, Lee spent three years as a securities analyst for Oppenheimer Funds in New York. Lee holds the designation of a Chartered Financial Analyst.


Tenure Analysis

Category Low

0.0

Category High

48.9

Category Average

7.16

Category Mode

4.8