YTD Total Return As of 01/21/2026 | 5.34% |
Nav As of 01/21/2026 | $19.73 |
Nav Change ($0.30) | 1.54% |
| Morningstar Overall Rating | |
| As of 12/31/2025 for Small Growth category Based on risk-adjusted return out of 518 funds. | |
Small Cap Growth Fund seeks to identify companies, primarily in the U.S. with small market capitalization that are exhibiting accelerating and sustainable business improvement.
Distinct Approach To Small Caps
A small cap strategy with a proprietary process focused on finding stocks that are showing improving and sustainable growth not yet recognized by the market.
Diverse, Deep, and Dedicated Team
A shared growth philosophy balanced between a dedicated team and a collaborative culture improves idea generation, research and decision making.
Emphasizing Stock Selection
Through a bottom-up, repeatable investment process, this style-pure portfolio seeks strong risk-adjusted returns driven primarily by stock selection.
Getting to Know...
Key Facts
Investment Objective | Seeks long-term capital growth |
Inception Date | 09/28/2007 |
Morningstar Category | Small Growth |
Benchmark | Russell 2000 Growth IndexA |
Total Assets | $4,885,099,321 As of 12/31/2025 |
Total Holdings | 139 As of 11/30/2025 |
Distribution Frequency | Annual |
Morningstar Overall Rating Based on risk-adjusted return | Out of 518 funds. Small Growth category As of 12/31/2025 |
Fees
| Gross Expense Ratio | 1.64% |
Trading Information
| Ticker | ANORX |
| CUSIP | 02508H725 |
Morningstar ratings vary among share classes and are based on historical risk-adjusted total returns.
Fees
| Gross Expense Ratio | 1.64% |
Trading Information
| Ticker | ANORX |
| CUSIP | 02508H725 |
Data reflects past performance, assumes reinvestment of dividends and capital gains and is no guarantee of future results. Current performance may be higher or lower than data shown. Investment return and principal value fluctuates. Redemption value may be more or less than original cost. Returns less than one year are not annualized. Index performance does not represent the fund's performance. It is not possible to invest directly in an index.
Average annual total returns illustrate the annual compounded returns that would have produced the cumulative total return if the fund's performance had remained constant throughout the period indicated. Returns for periods less than one year are not annualized. For periods prior to the inception of a class, performance is for the oldest class, restated with applicable fees, if any.
Data reflects past performance, assumes reinvestment of dividends and capital gains and is no guarantee of future results. Current performance may be higher or lower than data shown. Investment return and principal value fluctuates. Redemption value may be more or less than original cost. Returns less than one year are not annualized. Index performance does not represent the fund's performance. It is not possible to invest directly in an index.
Past performance is no guarantee of future results. Investment returns will fluctuate and it is possible to lose money.
FREQUENCY
Yearly
| Total Paid | Ordinary Dividends | Reinvest Price | |
|---|---|---|---|
| 12/16/2025 | $1.6507 | -- | $18.79 |
| Overall | Out of 518 funds. Small Growth category |
| 3 Year | Out of 518 funds |
| 5 Year | Out of 496 funds |
| 10 Year | Out of 389 funds |
Investment Style
Morningstar ratings vary among share classes and are based on historical risk-adjusted total returns.
| Risk Measures | |
|---|---|
| Alpha | -0.42 |
| Beta | 0.88 |
| R-Squared | 0.92 |
| Standard Deviation | 19.15 |
| Sharpe Ratio | 0.35 |
Relative to the Russell 2000 Growth Index
Past performance is no guarantee of future results. Investment returns will fluctuate and it is possible to lose money.
As of 12/31/2025
| Domestic Stock | 96% |
| Foreign Stock | 4% |
Due to rounding, these values may exceed 100%.
Negative weights may be due to open security or capital stock
trades at period end and/or unrealized loss on derivative positions as a percent of net assets at period end.
As of 11/30/2025
139 Equity Issues
As of 12/31/2025
| Health Care | 24% |
| Industrials | 24% |
| Information Technology | 23% |
| Financials | 9% |
| Consumer Discretionary | 8% |
| Materials | 2% |
| Communication Services | 2% |
| Utilities | 2% |
| Energy | 2% |
| Real Estate | 2% |
| Consumer Staples | 2% |
Due to rounding, these values may exceed 100%
As of 12/31/2025
| Alphatec Holdings Inc | 2.18% |
| Credo Technology Group Holding Ltd | 1.84% |
| ATI Inc | 1.76% |
| Hexcel Corp | 1.64% |
| Madrigal Pharmaceuticals Inc | 1.56% |
| RBC Bearings Inc | 1.49% |
| Hayward Holdings Inc | 1.48% |
| Construction Partners Inc | 1.47% |
| Carpenter Technology Corp | 1.46% |
| CECO Environmental Corp | 1.45% |
| % of Top Portfolio Holdings | 16.33% |
Due to rounding, these values may exceed 100%.
Negative weights may be due to open security or capital
stock trades at period end and/or unrealized loss on derivative positions as a percent of net assets at period
end.
As of 12/31/2025
Due to rounding, these values may exceed 100%
How to Buy
Individual investors: This share class is only available for purchase through an employer sponsored retirement plan. Call 1-800-345-3533 to speak to a business retirement services representative. However, you can purchase the investor share class of this fund on the website.
View Investor Share ClassFinancial Advisors: Contact your wholesaler at 1-800-345-6488 for more information.
Returns or yields for the fund would have been lower if a portion of the management fee had not been waived. Review the annual or semiannual report for the most current information.
Historically, small- and/or mid-cap stocks have been more volatile than the stock of larger, more-established companies. Smaller companies may have limited resources, product lines and markets, and their securities may trade less frequently and in more limited volumes than the securities of larger companies.
Please see the prospectus for details about sales charges.
The gross expense ratio is the fund's total annual operating costs, expressed as a percentage of the fund's average net assets for a given time period. It is gross of any fee waivers or expense reimbursement. The net expense ratio is the expense ratio after the application of any waivers or reimbursement. This is the actual ratio that investors paid during the fund's most recent fiscal year. Please see the prospectus for more information.
Investor Class Shares: Minimum initial investment is $1,000 for IRA and CESA accounts, and $2,500 for non-retirement accounts, but these minimums are waived with an initial investment of at least $500 per account and automatic investments of at least $100 per month. Non-Retirement Accounts: If your account balance falls below the minimum, or if you cancel your automatic monthly investment plan prior to reaching the minimum, American Century Investments may redeem the account and send the proceeds to you. Prior to doing so, we will notify you and give you 90 days to meet the minimum or reinstate your automatic monthly investment plan.
Measures the performance of those Russell 2000 Index companies (the 2,000 smallest of the 3,000 largest publicly traded U.S. companies, based on total market capitalization) with higher price-to-book ratios and higher forecasted growth values.
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