American Century Select Fund
TWCAX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 4500 Main Street Kansas City MO United States of America 64111
- IPO Date
- Aug 7, 1997
- CIK
- 0000100334
- Website
- americancentury.com
- Similar Companies
- Business
- American Century Select Fund (TWCAX) is an open-end mutual fund managed by American Century Investments that seeks long-term capital growth through investments primarily in equity securities of large-cap growth companies expected to increase in value over time. The fund invests in stocks of larger-sized companies whose earnings or revenues demonstrate accelerating growth, utilizing a bottom-up approach based on fundamental analysis of individual issuers rather than broad economic forecasts; it emphasizes high-quality names across sectors such as information technology (approximately 47%), communication services (18%), and consumer cyclical (15%), with top holdings including NVIDIA Corp., Microsoft Corp., Apple Inc., Amazon.com Inc., and Meta Platforms Inc. Share classes include A (TWCAX, with a 5.75% front-end load and 1.15% net expense ratio), Investor (TWCIX), C, I, R, R5, R6, and Y classes; the fund is available to individual investors through financial advisors or directly for Investor shares, with minimum initial investments starting at $2,500 for non-retirement accounts. Launched on August 8, 1997 (with the adviser's current investment philosophy implemented June 30, 1971), the fund is domiciled in the United States and operates within the large growth category, benchmarked against the Russell 1000 Growth Index, with total net assets of approximately $6.0 billion as of late 2025. American Century Investments, the fund's sponsor founded in 1958 and headquartered in Kansas City, Missouri, manages over $200 billion in global assets and maintains offices worldwide, including in New York, London, Hong Kong, and Sydney; the firm gifted an equity stake to the Stowers Institute for Medical Research in 2000, channeling over $2 billion in dividends to support biomedical research. Portfolio managers include Keith Lee (since 2001), Christopher Krantz (since 2013), and Ben Abelson (since 2024). In recent developments, American Century Investments completed a strategic transaction with 3x5 Partners in September 2023, integrating the venture capital team's expertise to establish private markets capabilities focused on early-stage growth in health care and climate solutions, led by managing partners Nicholas Walrod, Tony Arnerich, and Joe Biller under Chief Investment Officer Victor Zhang. The firm also announced plans in June 2023 to expand into the $10 trillion private markets segment, targeting institutional and high-net-worth clients while maintaining operations in Portland, Oregon. Nomura Holdings continues to hold a 41% economic interest in American Century since 2016, supporting its global reach; these moves align with ongoing fee waivers on management fees through at least July 31, 2026, and integration of ESG factors in select investment processes without altering core growth equity strategies.