Fund Facts  

Inception Date: Mar 31, 2004
CUSIP: 025076654
Ticker Symbol: ACMVX
Morningstar Category:Mid-Cap Value
As of Jun 30, 2022
Fund Net Assets ($millions) $8,884

Documents for Fund or Underlying Fund(s)  

Description

Objective  

The investment seeks long-term capital growth; income is a secondary consideration.

Principal Investment Strategies  

Under normal market conditions, the portfolio managers will invest at least 80% of the fund's net assets in medium size companies. The portfolio managers consider medium size companies to include those whose market capitalizations at the time of purchase are within the capitalization range of the Russell 3000® Index, excluding the largest 100 such companies.

Principal Investment Risks  

There is no guarantee that the Fund will achieve its investment objective. You may lose money by investing in the Fund. Please see the Fund’s prospectus or other disclosure documents for information about the Fund’s risks.

 

Performance & Expenses

Standard Performance As of Jun 30, 2022
Fund/Benchmark Name QtrYTD1-Yr3-Yr5-Yr10-YrSince Inception
Am Century® Mid Cap Vala-10.28%-8.14%-2.22%8.13%6.70%11.05%9.70%
Russell Midcap Value Indexa,b-14.68%-16.23%-10.00%6.70%6.27%10.62%N/A
Morningstar Mid-Cap Valuea,c-12.81%-13.35%-7.90%7.43%6.41%9.83%N/A

Fund past performance, as shown, is no guarantee of how the Fund will perform in the future. The performance shown has been annualized for periods greater than one year. Investment returns and principal value will fluctuate, so that an investor's shares, when redeemed, may be worth more or less than their original cost. For current performance, participants or plan sponsors in a MissionSquare Retirement administered account can log in at www.icmarc.org, or institutions can go to www.investments.missionsq.org.

Fund performance is shown comparing it to a "benchmark" which may be a (i) broad-based securities market index (ii) a group of mutual funds with similar investment objectives, or (iii) a short term government backed debt obligation such as a U.S. Treasury Bill. An index is not available for direct investment, is unmanaged, and does not reflect the costs of portfolio management or trading. A fund's portfolio may differ from the securities held in an index.

Fund Expensesa
Gross Expenses0.98%
Net Expenses0.98%

 

a. Certain information including, but not limited to, benchmark performance or other performance and/or fee information, is provided by Morningstar, Inc., © 2022 All rights reserved. This information: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of information. Morningstar is a registered trademark of Morningstar, Inc.

b. The Russell Midcap® Value Index measures the performance of the mid-cap value segment of the U.S. equity universe. It includes those Russell Midcap® Index companies with lower price-to-book ratios and lower forecasted growth values.

c. The Morningstar category average return represents the average return for a category of funds with similar investment objectives and strategies. The average is calculated and funds are assigned to a category by Morningstar.

Distributions

Dividends and Capital Gains  
Record Date Ex/Payable Date Income/Capital Gains Paid Per Share
Dec 20, 2018Dec 20, 2018$0.061300000
Dec 11, 2018Dec 11, 2018$1.710000000
Sep 18, 2018Sep 18, 2018$0.047000000
Jun 19, 2018Jun 19, 2018$0.049200000
Mar 20, 2018Mar 20, 2018$0.025000000
Dec 26, 2017Dec 26, 2017$0.074900000
Dec 12, 2017Dec 12, 2017$1.386500000
Sep 19, 2017Sep 19, 2017$0.126100000
 

Morningstar Information

Morningstar RatingTM   As of Jun 30, 2022
Period Stars Category Size
Overall 5 Stars391
3-Year 4 Stars391
5-Year 4 Stars361
10-Year 5 Stars268

The Morningstar Rating™ for funds, or “star rating”, is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange–traded funds, closed–end funds, and separate accounts) with at least a three–year history. Exchange–traded funds and open–ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk–Adjusted Return measure that accounts for variation in a managed product′s monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three–, five–, and 10–year (if applicable) Morningstar Rating metrics. The weights are: 100% three–year rating for 36–59 months of total returns, 60% five–year rating/40% three–year rating for 60–119 months of total returns, and 50% 10–year rating/30% five–year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods.

Morningstar Stylebox As of Jun 30, 2022
Equity Stylebox
Medium Value
Allocation of Assets As of Mar 31, 2022
Type of Asset Percent
Equity196%
Fixed Income0%
Cash/Other4%

Due to rounding, percentages shown may not add up to 100%.

 
 

Characteristics

Allocation of Assets As of Mar 31, 2022
Asset ClassPercent
Domestic Stock86.8%
Domestic Stock86.8%
Foreign Stock11.1%
Foreign Stock11.1%
Domestic Bond0.0%
Domestic Bond0.0%
Foreign Bond0.0%
Foreign Bond0.0%
Preferred0.0%
Preferred0.0%
Convertible0.0%
Convertible0.0%
Cash2.1%
Cash2.1%
Other0.0%
Other0.0%

Due to rounding, percentages shown may not add up to 100%.

 

Equity Sector As of Mar 31, 2022
SectorPercent
Financial Services18.7%
Industrials15.4%
Healthcare14.6%
Consumer Defensive10.3%
Consumer Cyclical8.8%
Utilities7.1%
Real Estate6.9%
Technology6.6%
Energy6.0%
Basic Materials2.1%
Communication Services1.6%

Exposure reflects equity securities only and will sum to the equity exposure of the fund.

 
Top Ten Holdings As of Mar 31, 2022
Holding NamePercent
Zimmer Biomet Holdings Inc3.3%
Zimmer Biomet Holdings Inc3.3%
Northern Trust Corp2.4%
Northern Trust Corp2.4%
Southwest Airlines Co2.1%
Southwest Airlines Co2.1%
Emerson Electric Co2.0%
Emerson Electric Co2.0%
Bank of New York Mellon Corp2.0%
Bank of New York Mellon Corp2.0%
iShares Russell Mid-Cap Value ETF2.0%
iShares Russell Mid-Cap Value ETF2.0%
Dollar Tree Inc2.0%
Dollar Tree Inc2.0%
Advance Auto Parts Inc2.0%
Advance Auto Parts Inc2.0%
Allstate Corp2.0%
Allstate Corp2.0%
Conagra Brands Inc1.9%
Conagra Brands Inc1.9%
 

Statistics

Portfolio Statistics As of Jun 30, 2022
Statistic3-Year5-Year
Beta0.840.88
Alpha1.980.85
Standard Deviation19.3417.82
 
 

Footnotes

1.

American Century® is a registered trademark of American Century Services Corporation.

2.

Please read the fund's prospectus or disclosure materials carefully for a complete summary of all fees, expenses, investment objectives and strategies, risks, financial highlights, and performance information. Investing involves risk, including possible loss of the amount invested. Investors should carefully consider the information contained in the prospectus or disclosure materials before investing. To request a prospectus or disclosure materials, you may contact us by calling 800-669-7400, or log in at www.icmarc.org.

The source for this information is Morningstar, Inc. Copyright © 2022 Morningstar, Inc.™ All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Morningstar, Inc. is a global investment research firm that is not affiliated with MissionSquare Retirement or its affiliates. MissionSquare Retirement does not independently verify Morningstar data.

Morningstar places funds in certain categories based on the fund's historical portfolio holdings. Placement of a fund in a particular Morningstar category does not mean that the fund will remain in that category or that it will invest primarily in securities consistent with its Morningstar category. A fund's investment strategy and portfolio holdings are governed by its prospectus, guidelines or other governing documents, not its Morningstar category.