American Century Select Fund
ASERX
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 Select Fund (ASERX) is an open-end mutual fund managed by American Century Investments that seeks long-term capital growth through investments primarily in large-cap growth stocks of high-quality companies with accelerating earnings and revenues; the fund employs a bottom-up, fundamental analysis approach focusing on individual company analysis rather than broad economic forecasts, with a portfolio heavily weighted toward technology (46.74%), communication services (17.53%), and consumer cyclical (14.94%) sectors, and top holdings including NVIDIA Corp. (13.53%), Microsoft Corp. (8.56%), Apple Inc. (7.86%), Amazon.com Inc. (7.55%), and Meta Platforms Inc. (6.22%). The R Class shares, available exclusively through employer-sponsored retirement plans with a minimum initial investment of $2,500, feature a net expense ratio of 1.40% (reflecting ongoing management fee waivers through July 31, 2026), and the fund maintains approximately 97.78% allocation to U.S. stocks, 1.56% to non-U.S. stocks, and minimal cash holdings. Launched on July 29, 2005, as part of the broader American Century Select Fund family (with the Investor Class inception aligning to the firm's current philosophy), ASERX operates under the U.S. domicile and targets institutional and retirement plan investors within the large growth category. American Century Investments, the fund's adviser, was founded in 1958 by James E. Stowers Jr. as Twentieth Century Mutual Funds (renamed in 1997) and is headquartered at 4500 Main Street in Kansas City, Missouri, with additional offices in New York, London, Hong Kong, and Sydney; the firm, which manages over $300 billion in assets including significant ETF growth through its Avantis Investors division, maintains strategic alliances such as its longstanding minority partnership with Nomura Holdings (since 2016) and a recent November 2025 collaboration with CIBC Asset Management to launch eight Avantis CIBC ETFs for the Canadian market. Recent developments for the Select Fund include the addition of Ben Abelson to the management team on July 1, 2024, joining long-tenured portfolio managers Keith Lee (since October 31, 2001) and Christopher Krantz (since August 1, 2013), enhancing the fund's experienced leadership amid a total net assets base of approximately $6.01 billion across share classes; meanwhile, American Century Investments announced in July 2025 the closure and liquidation of two unrelated ETFs (QPFF and QCON) effective September 2025, reflecting portfolio optimization efforts, and continues fee waivers on ASERX to maintain competitiveness through mid-2026.