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My Account

U.S. Disciplined Core Value

The strategy seeks long-term capital growth and income by investing in large-cap stocks that feature sustainable fundamentals and attractive valuations.

Strategy Inception

1991

Strategy AUM (USD)

$2.48 B

As of 11/30/2024

  1. Long-Term Growth and Income

    The strategy offers exposure to large-cap companies the managers believe are attractively priced and seek to generate meaningful income.

  2. Focus on Fundamentals

    Stock selection models analyze company fundamentals while qualitative reviews capture additional manager quality and valuation insights.

  3. Driven by Stock Selection

    The strategy seeks to outperform its benchmark by balancing risk and return in a portfolio driven by stock selection.

Investment Outlook

View our latest Investment Outlook for a concise, easy-to-scan overview of current opportunities and risks created by today's global markets.

Strategy Facts
Inception Date
01/01/1991
Total Assets
$2.48 B USD
As of 11/30/2024
Benchmark
Russell 1000 Value Index
Target Excess Return
1.5% - 3.0%
Target Tracking Error
2.0% - 6.0%
Target Number of Holdings
100 - 200
Cash Exposure
Max 3%
Expected Dividend Yield
135%
Of S&P 500 Yield
Expected Turnover
100% - 200%
Depending on market volatility

Available Vehicles

U.S. and certain other countries

Institutional Separate Account

Only in the U.S.

Mutual Fund

Risk Guidelines
Maximum Position Size
± 4%
Of benchmark weight
Regional Exposure
Max 10%
Non-U.S.
Sector Exposure
±10% Of benchmark weight
Exceptions: Technology (max 35%), Financials (max 25%)
Expected Beta
0.9 - 1.0

We Believe:

  • Stock fundamentals drive long-term returns.

  • A combination of quantitative research and qualitative reviews helps identify attractive opportunities.

  • Multiple analytical models, each tailored to a specific market segment, are the most effective way to capture attractive opportunities.

  • Systematic model design along with active portfolio monitoring and execution help enhance portfolio outcomes.

Our systematic, repeatable investment process combines rigorous quantitative modeling along with qualitative reviews by experienced portfolio managers:

  • Fundamental screening and security selection leverage multiple, custom-tailored stock selection models that seek to identify strong businesses in each sector.

  • Portfolio construction includes model implementation and an active review process that captures additional insights and balances return and risk.

All models employ a custom-tailored combination of the following fundamental pillars to screen and select qualified investments.

Focus on Operational Quality

Profitability

Earnings Sustainability

Financial Stability

Balance Sheet Strength

Understand Valuation

Earnings, Sales and Free Cash Flow Ratios

Historical and Market Peer Relative Ratios

Identify Business Growth

Sales, Earnings and Cash Flow Growth

Historical and Expected Growth Measures

Capture Non-Financial Information

Market-Based Sentiment Measures

Analyst Expectations

The team’s eleven experienced professionals come from a wide variety of academic and professional backgrounds and perform two key functions:

  • Quantitative research and analysis for model design and implementation

  • Portfolio management, for constructing portfolios and managing risk

Portfolio Managers

Stephen Quance avatar
Stephen Quance

Co-CIO - Disciplined Equity, Senior Vice President, Co-Head of Global Analytics

Firm Start

2023

Industry Start

2003

Yulin Long, Ph.D., CFA avatar
Yulin Long, Ph.D., CFA

Vice President, Portfolio Manager

Head of Quantitative Research

Firm Start

2005

Industry Start

2004

Team Facts
Average Industry Experience
18 Years
Assets Under Management
$2.48 B USD
As of 11/30/2024
Location
New York, NY - Santa Clara, CA

Cross-Discipline Support

Client Portfolio Manager
Global Analytics Team

Takeaways

graph line with stars

Pursues long-term growth and income

magnifying glass icon

Focuses on fundamentals to seek good businesses at attractive prices

Percentage Sign

Pursues risk-managed returns driven by stock selection

Composite Performance in USD (%)

1 Month
YTD
1 Year
3 Year*
5 Year*
10 Year*
U.S. Disciplined Core Value (gross)as of 11/30/2024
6.23
22.19
28.64
7.34
10.96
9.71
U.S. Disciplined Core Value (net)as of 11/30/2024
6.19
21.68
28.05
6.79
10.33
9.02
Russell 1000 Value Indexas of 11/30/2024
6.39
22.76
29.56
10.39
10.84
9.32

*Annualized

Data reflects past performance. Past performance does not guarantee future results. The value of investments may fluctuate. Data assumes reinvestment of dividends and capital gains.

Contact Us

For more information about out disciplined equity capabilities.

Sources: Frank Russell Co., FactSet

Risk management does not imply no risk.

This is marketing material. This information is intended to be general in nature and is not personal financial product advice. Any advice contained here is general advice only and has been prepared without considering the investment objectives, financial situation or particular needs of any particular person. Before acting on any information, you should consider the appropriateness of the information provided and the nature of the relevant financial product having regard to your investment objectives, financial situation and needs. It is not intended to take the place of professional advice and you should not take action on specific issues in reliance on this information. American Century nor any of their related parties, their employees or directors, provide any warranty of accuracy or reliability in relation to such information or accept any liability to any person who relies on it.