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15 important things you should know about American Growth AMRAX mutual fund

Updated: September 09, 2020
N/A
Bull Case
  • No Bull case arguments for now!
Bear Case
  • Low net assets
  • 3-year return below the benchmark
  • 5-year return below the benchmark
  • 10-year return below the benchmark
  • 15-year return below the benchmark
  • High expense ratio
  • Sales load and/or distribution fees

Before we start: if you’re looking for AMRAX “stock” price, you can quickly find it out by visiting Finny and typing "AMRAX quote". If you’re looking for a quick scoop on AMRAX "stock" (price chart, key stats, buy or sell analysis and holdings), go to Finny and look for "AMRAX". You’ll get all this info in one place.

Are you looking to buy or sell AMRAX? Or perhaps you’re looking for AMRAX fact sheet, and learn about its alternatives? If so, you came to the right place.

In this AMRAX mutual fund review, we’ll address key questions our readers have been asking us about this fund, above and beyond what you can find in its prospectus, and on Morningstar or Yahoo Finance.

Here is what you’ll be able to find in this review:

  • Fact Sheet: AMRAX performance, returns, expense ratio, holdings and dividend yield;
  • Analysis: AMRAX buy or sell; the pros and cons of investing in AMRAX mutual fund;
  • Alternatives: other ETFs and mutual funds you should consider as alternatives to AMRAX.

And here is the list of questions we’ll answer:

  1. Describe American Growth Fund, Inc: American Growth Fund Series One; Class A Shares (AMRAX).
  2. What are AMRAX holdings?
  3. What is AMRAX performance? What are AMRAX historical returns?
  4. How many up and down years did AMRAX have historically?
  5. What is AMRAX dividend yield?
  6. What is AMRAX minimum initial investment amount?
  7. What is AMRAX expense ratio?
  8. Does AMRAX have any sales loads or 12b-1 distribution expenses?
  9. What is AMRAX tax efficiency (tax-cost ratio)?
  10. What is AMRAX beta? How would you assess AMRAX risk?
  11. What is AMRAX Sharpe ratio?
  12. What is AMRAX Finny Score? AMRAX buy or sell?
  13. What are the pros of investing in AMRAX? What are AMRAX buy reasons?
  14. What are the cons of investing in AMRAX? What are AMRAX sell reasons?

So let’s start. Scroll down to the question that interests you the most.

Fact Sheet

1. Describe American Growth Fund, Inc: American Growth Fund Series One; Class A Shares (AMRAX).

The Fund seeks growth of capital. The Fund uses a growth style of management. The Fund invests in security portfolio made up of common stock and securities convertible into common stock issued by large companies, and to a lesser extent, small and mid-sized companies.

2. What are AMRAX top holdings?

AMRAX has 0 stock holdings and 0 bond holdings.

The top 10 holdings represent 40.82% of total assets. Here are the top holdings:

Name Symbol % Assets
Apple Inc AAPL 7.56%
CVS Health Corp CVS 4.30%
Biogen Inc BIIB 3.97%
Visa Inc Class A V 3.97%
UnitedHealth Group Inc UNH 3.91%
Facebook Inc Class A FB 3.83%
Home Depot Inc HD 3.59%
Danaher Corp DHR 3.44%
Monster Beverage Corp MNST 3.15%
Google Inc Class C GOOG 3.10%

3. What is AMRAX performance? What are AMRAX historical returns?

AMRAX has generated the following returns:

  • 1-month return is -0.15%;
  • 3-month return is 7.64%;
  • 1-year return is 14.00%;
  • 3-year return is 11.25%;
  • 5-year return is 10.95%;
  • 10-year return is 10.73%;
  • 15-year return is 5.70%.

4. How many up and down years did AMRAX have historically?

In the last 10 years, AMRAX had 6 up years and 4 down years.

5. What is AMRAX dividend yield?

AMRAX yield is 0%.

6. What is AMRAX minimum initial investment amount?

AMRAX minimum initial investment amount is $1.00K.

7. What is AMRAX expense ratio?

AMRAX expense ratio is 5.44%. The expense ratio of a fund is the total percentage of fund assets used for administrative, management, and all other expenses.

8. Does AMRAX have any sales loads or 12b-1 distribution expenses?

AMRAX 12b-1 distribution fee is 0.3. AMRAX front-end sales load is 5.75. AMRAX back-end sales load is 0.

9. What is AMRAX tax efficiency (tax-cost ratio)?

  • 1-year ax cost ratio is 0%;
  • 3-year ax cost ratio is 0%.

10. What is AMRAX beta? How would you assess AMRAX risk?

  • 3-year beta is 0.97;
  • 5-year beta is 1.02;
  • 10-year beta is 1.09.

11. What is AMRAX Sharpe ratio?

  • 3-year Sharpe ratio is 0.55;
  • 5-year Sharpe ratio is 0.49;
  • 10-year Sharpe ratio is 0.67.

Analysis

12. What is Finny Score? buy or sell?

Finny Score is 0. Our quantitative analysis shows 0 reasons to buy and 7 reasons to sell it, resulting in the Finny Score of 0.

13. What are the pros of investing in AMRAX? What are AMRAX buy reasons?

We don't see any strong reasons to buy AMRAX.

14. What are the cons of investing in AMRAX? What are AMRAX negatives?

The following are AMRAX weaknesses from our perspective:

  • AMRAX net assets are $11.00 million. This fund is not a popular choice with retail investors.
  • AMRAX 3-year return is 11.25%, which is lower than the 3-year return of the benchmark index (S&P 500 TR USD), 13.64%.
  • AMRAX 5-year return is 10.95%, which is lower than the 5-year return of the benchmark index (S&P 500 TR USD), 14.57%.
  • AMRAX 10-year return is 10.73%, which is lower than the 10-year return of the benchmark index (S&P 500 TR USD), 14.33%.
  • AMRAX 15-year return is 5.7%, which is lower than the 15-year return of the benchmark index (S&P 500 TR USD), 9.4%.
  • AMRAX expense ratio is 5.44%, which is not negligible. Is the fund expensive to you, and does it align to your investment strategy?
  • Warning: this fund has a 12b1 and front-end sales fee. The maximum 12b1 fee is 0.3%, while the maximum front-end sales load is 5.75%. A 12b-1 fee is an annual marketing or distribution fee on a mutual fund. Front-end sales load, also known as sales charge, is a fee paid when mutual funds shares are purchased. Those fees are subtracted from your total investable assets.
In the AMRAX review, we covered AMRAX key stats (return, performance, yield, expense ratio, and holdings), buy and sell analysis, and alternative investments. If this review was helpful to you, feel free to check out other mutual fund and ETF reviews.
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