Small Cap Dividend Mutual Fund Launch
Kansas City, Missouri
To better serve investors seeking the possibility of greater capital appreciation inherent in small cap stocks but with an income mandate, $230 billion* global asset manager American Century Investments announces the launch of American Century® Small Cap Dividend Fund (AMAEX).
"We're excited to add Small Cap Dividend Fund to our lineup because it's a way to offer clients the experience of our American Century Investments' Global Value Equity team and a history of small cap income investing, but in a mutual fund," said American Century Investments' Chief Investment Officer Victor Zhang. "The U.S. Small Cap Income strategy launched in Oct. 2017, and we are pleased to expand this investment opportunity to more clients. Helping investors and responding to their needs is what drives us, so we are constantly thinking about how we can better serve them."
The fund, co-managed by Jeff John, CFA and Ryan Cope, CFA, invests primarily in U.S. smaller cap companies that the team feels are attractively valued and offer securities paying either a dividend or income. The strategy seeks to invest in 65-85 companies with strong balance sheets, quality management and sustainable competitive advantages.
The investment team believes the use of non-common equities** enhances yield and lowers volatility.
John and Cope also manage the American Century® Small Cap Value Fund (ASVIX).
Following is information on share classes and expenses:
"We believe this fund launch is timely, given our clients' evolving desire for income-producing investment options," Zhang said.
American Century Investments' value investment lineup began in 1993 with the launch of American Century® Value Fund (TWVLX). Today, the firm's value discipline comprised $54.7 billion in assets under supervision as of 12/31/21.
About American Century
- Who We Are
American Century Investments is a leading global asset manager focused on delivering investment results and building long-term client relationships while supporting breakthrough medical research.
- Quick Facts
Founded in 1958, American Century Investments' 1,400 employees serve financial professionals, institutions, corporations and individual investors from offices in New York; London; Frankfurt; Hong Kong; Sydney; Santa Clara, Calif; and Kansas City, Mo.
Jonathan Thomas is president and chief executive officer, and Victor Zhang serves as chief investment officer.
- Giving Back
Delivering investment results to clients enables American Century Investments to distribute over 40% of its dividends to the Stowers Institute for Medical Research, a 500-person, nonprofit basic biomedical research organization. The Institute owns more than 40% of American Century Investments and has received dividend payments of over $1.87 billion since 2000.
Assets under supervision as of 3/21/22.
Non-common equities are preferred stocks and convertible securities related to the company being purchased.
You should consider the fund's investment objectives, risks, charges and expenses carefully before you invest. Each fund's prospectus or summary prospectus, which can be obtained by visiting americancentury.com, contains this and other information about the fund, and should be read carefully before investing. Investments are subject to market risk.
If the stocks purchased by the fund do not continue dividend payments, the value of the fund's shares may decline, even if stock prices generally are rising.
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.
©2022 American Century Proprietary Holdings Inc. All rights reserved.