American Century appointed three analysts to comanager across three value equity offerings, effective February 2022. The changes recognize their contributions to the firm, and they will keep their analyst coverage duties. The changes do not impact the People Pillar ratings, nor the Morningstar Analyst Ratings, of the affected funds: American Century Equity Income AEUDX; American Century Mid Cap Value ACMVX; American Century Value AVUDX; and MassMutual Mid Cap Value MLUZX, of which American Century oversees 35% of assets.
Will ACMVX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable ACMVX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the ACMVX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of ACMVX’s parent organization’s priorities and whether they’re in line with investors’ interests.