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15 important things you should know about American Growth AMRCX 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 AMRCX “stock” price, you can quickly find it out by visiting Finny and typing "AMRCX quote". If you’re looking for a quick scoop on AMRCX "stock" (price chart, key stats, buy or sell analysis and holdings), go to Finny and look for "AMRCX". You’ll get all this info in one place.

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

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

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

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

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 AMRCX top holdings?

AMRCX 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 AMRCX performance? What are AMRCX historical returns?

AMRCX has generated the following returns:

  • 1-month return is -0.18%;
  • 3-month return is 7.40%;
  • 1-year return is 13.65%;
  • 3-year return is 10.54%;
  • 5-year return is 10.22%;
  • 10-year return is 10.01%;
  • 15-year return is 4.97%.

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

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

5. What is AMRCX dividend yield?

AMRCX yield is 0%.

6. What is AMRCX minimum initial investment amount?

AMRCX minimum initial investment amount is $1.00K.

7. What is AMRCX expense ratio?

AMRCX expense ratio is 6.42%. The expense ratio of a fund is the total percentage of fund assets used for administrative, management, and all other expenses.

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

AMRCX 12b-1 distribution fee is 1. AMRCX front-end sales load is 0. AMRCX back-end sales load is 1.

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

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

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

  • 3-year beta is 0.96;
  • 5-year beta is 1.01;
  • 10-year beta is 1.09.

11. What is AMRCX Sharpe ratio?

  • 3-year Sharpe ratio is 0.52;
  • 5-year Sharpe ratio is 0.45;
  • 10-year Sharpe ratio is 0.63.

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 AMRCX? What are AMRCX buy reasons?

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

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

The following are AMRCX weaknesses from our perspective:

  • AMRCX net assets are $1.50 million. This fund is not a popular choice with retail investors.
  • AMRCX 3-year return is 10.54%, which is lower than the 3-year return of the benchmark index (S&P 500 TR USD), 13.64%.
  • AMRCX 5-year return is 10.22%, which is lower than the 5-year return of the benchmark index (S&P 500 TR USD), 14.57%.
  • AMRCX 10-year return is 10.01%, which is lower than the 10-year return of the benchmark index (S&P 500 TR USD), 14.33%.
  • AMRCX 15-year return is 4.97%, which is lower than the 15-year return of the benchmark index (S&P 500 TR USD), 9.4%.
  • AMRCX expense ratio is 6.42%, 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 deferred sales fee. The maximum 12b1 fee is 1%, while the maximum deferred sales load is 1%. A 12b-1 fee is an annual marketing or distribution fee on a mutual fund. Deferred sales load is a back-end sales charge and is imposed when an investor redeems shares.
In the AMRCX review, we covered AMRCX 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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