Investment objective & strategy
As of Feb. 27, 2026 · prospectusObjective. The fund seeks long-term capital growth.
Strategy. Under normal market conditions, the fund will invest at least 80% of its net assets in small cap companies. The portfolio managers consider small cap companies to include those with a market capitalization that does not exceed that of the largest company in the Russell 2000 Growth Index. Though market capitalization will change from time to time, as of December 31, 2025, the market capitalization of the largest company in the Russell 2000 Growth Index was approximately $26.0 billion. The portfolio managers look for stocks of smaller-sized companies they believe will increase in value over time, using an investment strategy developed by the funds investment advisor. In implementing this strategy, the portfolio managers make their investment decisions based primarily on … Under normal market conditions, the fund will invest at least 80% of its net assets in small cap companies. The portfolio managers consider small cap companies to include those with a market capitalization that does not exceed that of the largest company in the Russell 2000 Growth Index. Though market capitalization will change from time to time, as of December 31, 2025, the market capitalization of the largest company in the Russell 2000 Growth Index was approximately $26.0 billion. The portfolio managers look for stocks of smaller-sized companies they believe will increase in value over time, using an investment strategy developed by the funds investment advisor. In implementing this strategy, the portfolio managers make their investment decisions based primarily on their analysis of individual companies, rather than on broad economic forecasts. Management of the fund is based on the belief that, over the long term, stock price movements follow growth in earnings and revenues. The portfolio managers principal analytical technique involves the identification of companies with earnings and revenues that are not only growing, but growing at an accelerating pace. This includes companies whose growth rates, although still negative, are less negative than prior periods, and companies whose growth rates are expected to accelerate. In addition to accelerating growth, the fund also may consider companies whose stocks demonstrate price strength relative to their peers. This means that the portfolio managers favor companies whose securities are the strongest performers compared to the overall market. These techniques help the portfolio managers buy or hold the stocks of companies they believe have favorable growth prospects and sell the stocks of companies whose characteristics no longer meet their criteria. Although the portfolio managers intend to invest the funds assets primarily in U.S. securities, the fund may invest in securities of foreign companies when these securities meet the portfolio managers standards of selection. The fund may engage in active and frequent trading of portfolio securities to achieve its principal investment strategies. This may cause higher transaction costs and may affect performance. It may also result in the realization and distribution of capital gains.
Top holdings
As of Jan. 31, 2026 · N-PORT| Security | Ticker | Value | % of fund |
|---|---|---|---|
| PLEXUS CORP | — | $89.74M | 1.83% |
| STERLING INFRASTRUCTURE INC | — | $83.81M | 1.71% |
| RBC BEARINGS INC | — | $80.46M | 1.64% |
| CECO ENVIRONMNTL | — | $78.71M | 1.60% |
| HEXCEL CORPORATION | — | $78.44M | 1.60% |
| CREDO TECHNOLOGY | — | $77.30M | 1.57% |
| CONSTRUCTION PARTNERS INC CL A | — | $76.92M | 1.57% |
| HAYWARD HOLDINGS INC | — | $74.55M | 1.52% |
| ALPHATEC HOLDINGS INC | — | $74.15M | 1.51% |
| Fixed Income Clearing Corp 3.66 02/02/2026 | STBK | $66.74M | 1.36% |
Portfolio moves
Oct 31, 2025 → Jan 31, 2026How many positions this fund opened, exited, grew, trimmed, or left unchanged between its two most recent N-PORT snapshots — net changes between point-in-time reports, not a trade log.
Similar funds
Funds whose portfolios most overlap this one, by weight| Fund | Overlap | Net exp. |
|---|---|---|
| Small Cap Growth Fund · VVSGX | 82% | 0.88% |
| American Century Small Cap Growth Insights ETF · ACSG | 62% | 0.49% |
| Global Small Cap Fund · AGCVX, AGCSX, AGCLX, AGCHX, AGCWX, AGCTX | 29% | 0.76% |
Advisers
| Firm | Role |
|---|---|
| American Century Investment Management, Inc. | Adviser |
Footnotes
- Expense ratio as of February 27, 2026, from the fund's prospectus.
- Net assets and holdings count as of January 31, 2026, from the fund's N-PORT filing.
- Total return for calendar year 2025, before tax and after fund expenses. Computed by compounding the twelve monthly total returns the fund reported in its SEC N-PORT filings for 2025 (the latest prospectus does not yet chart this year).
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