The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:A $231B-AUS Firm Adds a Small Cap Fund Not Rated 0.0 Email Routing List Email & Route  Print Print
Wednesday, April 6, 2022

A $231B-AUS Firm Adds a Small Cap Fund

Reported by Neil Anderson, Managing Editor

A $231-billion-AUS (as of March 21) asset manager's team is rolling out a new mutual fund powered by a duo that already runs a $6.1-billion, five-star, 24-year-old fund together.

Victor Sheng Zhang
American Century Investments
Chief Investment Officer
Today, Victor Zhang, chief investment officer of American Century Investments [profile], unveils the launch of the American Century Small Dividend Fund. The fund debuted yesterday.

Ryan Cope, a portfolio manager at American Century, and Jeff John, vice president and senior portfolio manager, will PM the new fund together. (They already PM the American Century Small Cap Value Fund.) The new fund is powered by the American Century team's U.S. Small Cap Income strategy, which launched in October 2017.

"We are pleased to expand this investment opportunity to more clients," Zhang states, describing the new fund as a way to offer access to the experience of the "American Century Global Value Equity team and a history of small cap income investing, but in a mutual fund."

The new fund comes in six share classes. A shares (AMAHX) come with an expense ratio of 134 basis points, plus up to 575 basis points in up front load. I shares come with an expense ratio of 89 bps. Investor shares come with an expense ratio of 109 bps, plus up to $25 in annual account maintenance fees for accounts under $10,000. R shares come with an expense ratio of 159 bps. R6 shares come with an expense ratio of 74 bps. And G shares come with an expense ratio (after a permanent fee waiver of 74 bps) of 0 bps, though G shares are only for use inside other American Century offerings (which already have their own fees).

American Century Investment Management, Inc. serves as the new fund's investment advisor, American Century Investment Services, Inc. (ACIS) serves as the fund's distributor and principal underwriter, and American Century Services, LLC (ACS) serves as the fund's administrator, dividend-paying agent, and transfer agent. The fund's other service providers include: Deloitte & Touche LLP as independent accounting firm; and State Street Bank and Trust Company (SSB) as custodian, securities lending agent, and sub-administrator. 

Stay ahead of the news ... Sign up for our email alerts now

 Do You Recommend This Story?

Return to Top
 News Archives
2024: Q3Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Add to My Yahoo!
follow us in feedly

  1. MFDF webinar - Lessons Learned from the Regional Bank Volatility and the Impact on Registered Funds, June 18
  2. IMEA webinar - Snapshot on the Talent Landscape, June 18
  3. 2024 MMI National Accounts Roundable, June 18
  4. MMI webinar - RIA Consolidators: The New Key Accounts?, June 20
  5. MFDF Director Discussion Series - Open Forum (Philadelphia), June 20
  6. New York YPEM Cornhole Classic, June 25
  7. Celebrating 100 Years of the Mutual Fund, June 25
  8. 2024 MMI Institutional Roundtable, June 26
  9. Morningstar Investment Conference Conference 2024, Jun 26-27
  10. WE PNW Seattle - Pickleball and Networking, June 27
  11. Celebrating 100 Years of the Mutual Fund, July 11
  12. MFDF webinar - Mid-Year Tax Update for Registered Investment Companies, July 16
  13. MFDF Director Discussion Series - Open Forum via Zoom, July 17
  14. MFDF Director Discussion Series - Open Forum (New York), July 23
  15. IMEA Portfolio Construction Roundtable, September 19
  16. MFDF Continuing Regulatory Impacts on Fund Boards program, October 15
  17. 2024 MMI Annual Conference, Oct 15-17
  18. IMEA Philanthropic Day, October 22
  19. IMEA Leadership Summit, October 23
  20. IMEA Star Awards Celebration, October 23
  21. IMEA Marketing Summit, October 24
  22. 5th Annual ETFGI Global ETFs Insight Summit, October 29
  23. MFDF Director Discussion Series - Open Forum (Denver), November 6
  24. MFDF webinar - Digital Assets in the Fund Space (part 2 of 2), November 7
  25. MFDF 2025 Directors' Institute, January 27 - 29, 2025
  26. MFDF 2025 Fund Governance & Regulatory Insights Conference, March 6 - 7, 2025

©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use