EMERGING MARKETS SMALL CAP FUND
Fund
AECMX
Price as of:
$14.24
+ $0.09
+ 0.64%
Primary Theme
fund company
Name
As of 04/24/2024Price
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
0.8%
1 yr return
23.1%
3 Yr Avg Return
0.0%
5 Yr Avg Return
6.2%
Net Assets
$16.6 M
Holdings in Top 10
25.6%
52 WEEK LOW AND HIGH
$14.2
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.90%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 52.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,500
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/24/2024Price
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
AECMX - Profile
Distributions
- YTD Total Return 0.8%
- 3 Yr Annualized Total Return 0.0%
- 5 Yr Annualized Total Return 6.2%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.25%
- Dividend Yield 0.3%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameEMERGING MARKETS SMALL CAP FUND
-
Fund Family NameAmerican Century Investments
-
Inception DateApr 07, 2016
-
Shares Outstanding40475
-
Share ClassR
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerPatricia Ribeiro
Fund Description
The fund will invest at least 80% of its net assets in securities issued by small cap companies that are located in emerging market countries.The portfolio managers consider small cap companies to include companies that, at the time of purchase, have market capitalizations not greater than the larger of the market capitalization of the largest company in the MSCI Emerging Markets Small Cap Index or $6 billion. As of January 31, 2024, the total market capitalization of the largest company in the index was $7.7 billion.
The fund considers an emerging market country to be any country other than a developed country. However, the fund generally intends to focus its investments in the subset of emerging markets countries that comprise the MSCI Emerging Markets Small Cap Index. The countries comprising the index will change from time to time, but as of February 14, 2024 include: Brazil, Chile, China, Colombia, Czech Republic, Egypt, Greece, Hungary, India, Indonesia, Korea, Kuwait, Malaysia, Mexico, Peru, Philippines, Poland, Qatar, Saudi Arabia, South Africa, Taiwan, Thailand, Turkey and United Arab Emirates. In addition, a portion of the fund’s assets may be invested in frontier markets (emerging market countries at an earlier stage of development).
In determining where a company is located, the portfolio managers will consider various factors, including where the company is headquartered, where the company’s principal operations are located, where a majority of the company’s revenues are derived, where the principal trading market is located and the country in which the company was legally organized. The weight given to each of these factors will vary depending on the circumstances in a given case.
The portfolio managers look for equity securities of 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 economic forecasts. Management of the fund is based on the belief that, over the long term, stock price movements follow growth in earnings, revenues and/or cash flow. The portfolio managers use a variety of analytical research tools and techniques to help them make decisions about buying or holding stocks of companies that meet their investment criteria and selling the stocks of companies that do not. Under normal market conditions, the fund’s portfolio managers seek securities of companies whose earnings, revenues or key business fundamentals are not only growing, but growing at an accelerating pace. The fund invests in securities denominated in foreign currencies and in foreign securities that are represented in the U.S. securities markets by American Depositary Receipts (ADRs) or similar depositary arrangements.
AECMX - Performance
Return Ranking - Trailing
| Period | AECMX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 0.8% | -9.6% | 11.2% | 80.08% |
| 1 Yr | 23.1% | -9.4% | 31.2% | 6.51% |
| 3 Yr | 0.0%* | -24.1% | 7.4% | 12.97% |
| 5 Yr | 6.2%* | -7.8% | 10.8% | 12.97% |
| 10 Yr | N/A* | -3.1% | 6.2% | N/A |
* Annualized
Return Ranking - Calendar
| Period | AECMX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 22.3% | -6.5% | 35.5% | 2.99% |
| 2022 | -24.6% | -50.1% | -2.4% | 54.13% |
| 2021 | 5.2% | -33.1% | 22.5% | 10.78% |
| 2020 | 10.6% | -22.1% | 80.1% | 74.34% |
| 2019 | 20.8% | -0.7% | 42.0% | 37.86% |
Total Return Ranking - Trailing
| Period | AECMX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 0.8% | -9.6% | 11.2% | 80.08% |
| 1 Yr | 23.1% | -9.4% | 31.2% | 6.51% |
| 3 Yr | 0.0%* | -24.1% | 7.4% | 12.97% |
| 5 Yr | 6.2%* | -7.8% | 10.8% | 12.97% |
| 10 Yr | N/A* | -3.1% | 6.2% | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | AECMX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 22.3% | -2.7% | 42.0% | 6.65% |
| 2022 | -23.4% | -42.2% | 1.9% | 59.16% |
| 2021 | 13.7% | -32.5% | 33.1% | 8.42% |
| 2020 | 15.4% | -20.0% | 81.6% | 64.91% |
| 2019 | 20.8% | 2.3% | 42.0% | 51.12% |
NAV & Total Return History
AECMX - Holdings
Concentration Analysis
| AECMX | Category Low | Category High | AECMX % Rank | |
|---|---|---|---|---|
| Net Assets | 16.6 M | 682 K | 103 B | 92.63% |
| Number of Holdings | 97 | 10 | 7049 | 49.46% |
| Net Assets in Top 10 | 4.48 M | 118 K | 19.2 B | 92.63% |
| Weighting of Top 10 | 25.65% | 0.7% | 122.2% | 75.84% |
Top 10 Holdings
- Alchip Technologies Ltd 3.00%
- ASMedia Technology Inc 2.99%
- Varun Beverages Ltd 2.97%
- Prestige Estates Projects Ltd 2.95%
- Indian Hotels Co Ltd 2.75%
- Phoenix Mills Ltd/The 2.44%
- Jyothy Labs Ltd 2.24%
- Qualitas Controladora SAB de CV 2.23%
- PB Fintech Ltd 2.08%
- MakeMyTrip Ltd 2.01%
Asset Allocation
| Weighting | Return Low | Return High | AECMX % Rank | |
|---|---|---|---|---|
| Stocks | 101.24% | 0.00% | 103.65% | 1.61% |
| Cash | 1.12% | -2.03% | 99.29% | 65.15% |
| Other | 0.01% | -1.64% | 50.31% | 18.23% |
| Preferred Stocks | 0.00% | 0.00% | 10.09% | 67.96% |
| Convertible Bonds | 0.00% | 0.00% | 7.40% | 18.35% |
| Bonds | 0.00% | 0.00% | 94.30% | 27.88% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | AECMX % Rank | |
|---|---|---|---|---|
| Technology | 25.37% | 0.00% | 47.50% | 32.56% |
| Consumer Cyclical | 22.11% | 0.00% | 48.94% | 3.12% |
| Financial Services | 19.82% | 0.00% | 48.86% | 63.64% |
| Industrials | 13.46% | 0.00% | 43.53% | 8.01% |
| Energy | 4.72% | 0.00% | 24.80% | 42.20% |
| Basic Materials | 3.64% | 0.00% | 30.03% | 82.09% |
| Healthcare | 3.29% | 0.00% | 16.53% | 61.19% |
| Consumer Defense | 3.28% | 0.00% | 25.90% | 88.87% |
| Real Estate | 2.69% | 0.00% | 17.15% | 23.20% |
| Communication Services | 1.20% | 0.00% | 39.29% | 99.19% |
| Utilities | 0.43% | 0.00% | 39.12% | 64.72% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | AECMX % Rank | |
|---|---|---|---|---|
| Non US | 96.64% | 0.00% | 100.18% | 5.36% |
| US | 4.60% | 0.00% | 101.58% | 75.87% |
AECMX - Expenses
Operational Fees
| AECMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.90% | 0.03% | 24.48% | 23.28% |
| Management Fee | 1.39% | 0.00% | 2.00% | 98.26% |
| 12b-1 Fee | 0.50% | 0.00% | 1.00% | 63.41% |
| Administrative Fee | N/A | 0.01% | 0.85% | N/A |
Sales Fees
| AECMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| AECMX 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.
| AECMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 52.00% | 0.00% | 189.00% | 56.41% |
AECMX - Distributions
Dividend Yield Analysis
| AECMX | Category Low | Category High | AECMX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.27% | 0.00% | 10.26% | 88.47% |
Dividend Distribution Analysis
| AECMX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annually | Quarterly | Annual |
Net Income Ratio Analysis
| AECMX | Category Low | Category High | AECMX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.25% | -1.98% | 17.62% | 83.73% |
Capital Gain Distribution Analysis
| AECMX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Quarterly | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Mar 19, 2024 | $0.038 | OrdinaryDividend |
| Dec 21, 2022 | $0.189 | OrdinaryDividend |
| Dec 19, 2017 | $0.073 | OrdinaryDividend |
| Dec 20, 2016 | $0.036 | OrdinaryDividend |
AECMX - Fund Manager Analysis
Managers
Patricia Ribeiro
Start Date
Tenure
Tenure Rank
Apr 07, 2016
6.15
6.2%
Ribeiro, portfolio vice president and senior portfolio manager, joined American Century in 2006. From August 2005 to December 2005, she was a managing director at Medley Global Advisors LLC. From February 2005 to August 2005, she was an independent consultant for Black Arrow Capital LLC. From April 1998 to November 2001, she was at Citigroup Asset Management and most recently held the title of managing director. She has a bachelor’s degree in accounting from Rutgers University.
Sherwin Soo
Start Date
Tenure
Tenure Rank
Apr 07, 2016
6.15
6.2%
Sherwin Soo, CFA is a portfolio manager for American Century Investments®. He joined the company in 2011 as an investment analyst. Prior to joining American Century Investments, Mr. Soo was a vice president and securities analyst at Neuberger Berman. Previously, he held roles as an investment manager for HSBC Asset Management and as an analyst for Salomon Brothers. He has a bachelor’s degree from The Wharton School of the University of Pennsylvania and an MBA from the MIT Sloan School of Management. He is a CFA charterholder.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.09 | 33.71 | 6.54 | 13.42 |