Time to Buy American Century Growth A Fund (TCRAX)
American Century Growth A Fund TCRAX seeks long-term capital growth. TCRAX’s managers look for stocks of companies they believe will increase in value over time, using a growth investment strategy developed by American Century. This strategy looks for companies with earnings and revenues that are not only growing, but growing at a successively faster or accelerating pace.
This Large Growth product has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 3, 5 year benchmarks; 3 year 11.7% and 5 year 14.6%. To see how this fund performed compared in its category, and #1 and #2 Ranked Mutual Funds, please click here.
TCRAX’s performance, as of the last filing, when compared to funds in its category was in the top 16% over the past 1 year, and in the top 12% over the past 3 years and in the top 31% over the past 5 years.
The American Century Growth A fund, as of the last filing, allocates their fund in top two major groups; Large Growth and Large Value. Further, as of the last filing, Alphabet Inc, Amazon.com Inc and Apple Inc were the top holdings for TCRAX.
This Zacks Rank #3 (Hold) was incepted in June 1971 and is managed by American Cent. TCRAX carries an expense ratio of 1.23% and requires a minimal initial investment of $2,500.
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