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15 important things you should know about American Century Investments ANOIX mutual fund

Updated: April 07, 2021
71
Bull Case
  • 3-year return above the benchmark
  • 5-year return above the benchmark
  • 10-year return above the benchmark
  • 15-year return above the benchmark
  • No sales load or distribution fees
Bear Case
  • Low net assets
  • High expense ratio

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

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

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

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

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

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

Fact Sheet

1. Describe American Century Mutual Funds, Inc: Small Cap Growth Fund; Investor Class Shares (ANOIX).

The Fund seeks growth. Under normal market conditions, the Fund will invest at least 80% of its assets in small cap companies. The portfolio managers consider small cap companies to include those with a market capitalization that does not exceed that of the largest company in the Russell 2000 Growth Index.

2. What are ANOIX top holdings?

ANOIX has 140 stock holdings and 0 bond holdings.

The top 10 holdings represent 13.50% of total assets. Here are the top holdings:

Name Symbol % Assets
Natera Inc NTRA 1.61%
Chegg Inc CHGG 1.55%
Immunomedics Inc N/A 1.47%
R1 RCM Inc RCM 1.35%
Churchill Downs Inc CHDN 1.31%
TopBuild Corp BLD 1.30%
FirstService Corp FSV.TO 1.28%
Repay Holdings Corp Ordinary Shares - Class A RPAY 1.23%
Kinsale Capital Group Inc KNSL 1.22%
Envestnet Inc ENV 1.18%

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

ANOIX has generated the following returns:

  • 1-month return is -4.54%;
  • 3-month return is 3.62%;
  • 1-year return is 3.62%;
  • 3-year return is 24.99%;
  • 5-year return is 24.84%;
  • 10-year return is 14.78%;
  • 15-year return is 11.46%.

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

In the last 10 years, ANOIX had 7 up years and 3 down years.

ANOIX up and down years

5. What is ANOIX dividend yield?

ANOIX yield is 0%.

6. What is ANOIX minimum initial investment amount?

ANOIX minimum initial investment amount is $3.00K.

7. What is ANOIX expense ratio?

ANOIX expense ratio is 1.22%. The expense ratio of a fund is the total percentage of fund assets used for administrative, management, and all other expenses.

ANOIX expenses

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

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

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

  • 1-year ax cost ratio is 2.81%;
  • 3-year ax cost ratio is 2.65%.
ANOIX tax costs

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

ANOIX Beta

11. What is ANOIX Sharpe ratio?

  • 3-year Sharpe ratio is 0.95;
  • 5-year Sharpe ratio is 1.14;
  • 10-year Sharpe ratio is 0.77;
  • 15-year Sharpe ratio is 0.57.
ANOIX Sharpe ratio

Analysis

12. What is Finny Score? buy or sell?

Finny Score is 71. Our quantitative analysis shows 5 reasons to buy and 2 reasons to sell it, resulting in the Finny Score of 71.

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

The following are ANOIX strengths from our perspective:

  • ANOIX 3-year return is 24.99%, which is higher than the 3-year return of the benchmark index (Russell 2000 Growth TR USD), 17.79%.
  • ANOIX 5-year return is 24.84%, which is higher than the 5-year return of the benchmark index (Russell 2000 Growth TR USD), 18.84%.
  • ANOIX 10-year return is 14.78%, which is higher than the 10-year return of the benchmark index (Russell 2000 Growth TR USD), 13.17%.
  • ANOIX 15-year return is 11.46%, which is higher than the 15-year return of the benchmark index (Russell 2000 Growth TR USD), 10.17%.
  • Good news: this fund does not have 12b1, front-end or back-end sales fees.

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

The following are ANOIX weaknesses from our perspective:

  • ANOIX net assets are $638.70 million. This fund is not a popular choice with retail investors.
  • ANOIX expense ratio is 1.22%, which is not negligible. Is the fund expensive to you, and does it align to your investment strategy?
In the ANOIX review, we covered ANOIX 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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