Large Cap Equity Fund - Investor Class
AFDIX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 4500 Main Street Kansas City MO United States of America 64111
- IPO Date
- Jul 29, 2005
- CIK
- 0000100334
- Website
- americancentury.com
- Similar Companies
- Business
- American Century Large Cap Equity Fund - Investor Class (AFDIX) is an open-end mutual fund that seeks long-term capital growth, with income as a secondary objective, by investing primarily in large capitalization companies the advisor believes demonstrate sustainable business improvement. The fund employs a proprietary multi-factor model that combines fundamental measures of a stock's value and growth potential—such as earnings and cash flow growth rates and changes in earnings estimates—with environmental, social, and governance (ESG) metrics to assign financial and sustainability scores on an equal basis, guiding buy, hold, and sell decisions; portfolio managers use analytical research tools to evaluate issuers against these criteria, with top holdings typically including major technology and consumer firms like Microsoft Corp., NVIDIA Corp., Apple Inc., Alphabet Inc., and Amazon.com Inc. It operates within the large blend category, focusing on U.S. stocks (approximately 99% allocation) across sectors led by technology (around 35%), financial services, consumer cyclical, healthcare, and communication services; the Investor Class shares feature a net expense ratio of 0.79%, a minimum initial investment of $2,500 for non-retirement accounts ($1,000 for IRAs), and daily pricing, with total net assets exceeding $3.95 billion for the fund and $901.95 million for the share class. Launched on July 29, 2005, and domiciled in the United States, the fund is managed by American Century Investments, headquartered in Kansas City, Missouri, with a team including Joseph Reiland and Justin Brown (since June 13, 2008) and Robert Bove (since December 31, 2008). In a significant recent development effective December 10, 2024, the fund—previously known as American Century Sustainable Equity Fund—was renamed American Century Large Cap Equity Fund, accompanied by a name change for its related ETF version (from ESGA to ACLC ticker) with no alterations to the investment process, strategy, or portfolio composition; American Century Investments, the fund's sponsor, has pursued client-focused growth, achieving a milestone of $300 billion in assets in 2025, alongside strategic alliances such as a November 2025 partnership with CIBC Asset Management Inc. to launch eight Avantis CIBC ETFs in Canada and ongoing collaborations like with Nomura Holdings. The fund remains available to U.S. investors through various platforms, emphasizing competitive risk-adjusted returns relative to the S&P 500 Index benchmark.