ACFCX — Focused Dynamic Growth Fund, R Class
Data updated: 2026-09-29
ACFCX — Focused Dynamic Growth Fund, R Class. 1.35% expense ratio · no sales load · since 2006. Holdings, fees, performance and SEC filings.
ACFCX Fund Overview
ACFCX — Focused Dynamic Growth Fund, R Class is a US mutual fund managed by American Century Growth Funds, Inc., categorised as United States Large Cap Growth Information Technology Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: American Century Growth Funds, Inc.
- Category: United States Large Cap Growth Information Technology Equity
- Assets under management: $2.00B
- 1-year return: 37.7%
- Ticker: ACFCX
- SEC CIK: 0001353176
- SEC series ID: S000012177
- Share class ID: C000033217
ACFCX Investment Objective and Strategy
Focused Dynamic Growth Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by American Century Growth Funds, Inc..
Investment objective
The fund seeks long-term capital growth.
Principal investment strategy
The portfolio managers look for stocks of early and rapid stage growth companies they believe will increase in value over time. The portfolio managers make their investment decisions based primarily on their analysis of individual companies, rather than on broad economic forecasts. Management of the fund is based on the belief that, over the long term, stock price movements follow growth in earnings, revenues and/or cash flow. Under normal market conditions, the fund will invest in 30 to 45 securities. The portfolio managers use a variety of analytical research tools and techniques to identify the stocks of companies that meet their investment criteria. Under normal market conditions, the portfolio managers seek securities of companies whose earnings or revenues are not only growing, but growing at an accelerated pace.
This includes companies whose growth rates, although still negative, are less negative than prior periods, and companies whose growth rates are expected to accelerate relative to factors including recent trends, market expectations, peers and historical data. Among other variables, the portfolio managers will consider the funds growth and momentum profile relative to the benchmark. Other analytical techniques help identify additional signs of business improvement, such as increasing or the expectation of increasing cash flows, or other indications of financial health. These techniques help the portfolio managers buy or hold the stocks of companies they believe have favorable growth prospects and sell the stocks of companies whose characteristics no longer meet their criteria. Although the portfolio managers intend to invest the funds assets primarily in U.S.
securities, the fund may invest in securities of foreign companies when these securities meet the portfolio managers standards of selection. The fund may engage in active and frequent trading of portfolio securities to achieve its principal investment strategies. This may cause higher transaction costs and may affect performance. It may also result in the realization and distribution of capital gains.
ACFCX Holdings
Top 10 holdings of Focused Dynamic Growth Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| NVIDIA Corp | 18.29% |
| Alphabet Inc | 16.89% |
| Amazon.com Inc | 7.57% |
| Microsoft Corp | 5.57% |
| Tesla Inc | 4.86% |
| Meta Platforms Inc | 3.39% |
| Cadence Design Systems Inc | 2.86% |
| Lam Research Corp | 2.71% |
| Ascendis Pharma A/S | 2.61% |
| Mastercard Inc | 2.48% |
ACFCX Portfolio Allocation
Asset-class allocation of Focused Dynamic Growth Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 99.8% |
| Cash & Equivalents | 0.4% |
ACFCX Performance
Total returns for ACFCX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 2.45% |
| 1 year | 37.74% |
| 3 years (annualised) | 28.62% |
| 5 years (annualised) | 8.32% |
ACFCX Risk Information
Risk metrics for ACFCX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 20.86%
ACFCX Costs and Fees
ACFCX costs about $135 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.35%
- Gross expense ratio: 1.35%
- Portfolio turnover: 15%
- Brokerage commissions: 0.71 bps of average net assets (SEC N-CEN)
ACFCX Cashflows
Over the 12 months to 2026-04, Focused Dynamic Growth Fund had net inflows of $19.76M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-04 | $16.34M |
| 2026-03 | $6.75M |
| 2026-02 | $155.21M |
| 2026-01 | −$35.99M |
| 2025-12 | $63.25M |
| 2025-11 | −$11.09M |
ACFCX Debt Constituents
No individual debt constituents are reported in Focused Dynamic Growth Fund's latest SEC N-PORT filing.
ACFCX Prospectus and SEC Filings
Official Focused Dynamic Growth Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2025-11-26
- Prospectus (485BPOS) — filed 2024-11-26
- Prospectus (485BPOS) — filed 2023-11-28
- Portfolio holdings (N-PORT) — filed 2026-09-29
- Portfolio holdings (N-PORT) — filed 2026-06-26
- Portfolio holdings (N-PORT) — filed 2026-03-30
- Annual census (N-CEN) — filed 2024-10-09
- Annual census (N-CEN) — filed 2023-10-10
Related Funds
Other United States Large Cap Growth Information Technology Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.