AVMTX — VP Mid Cap Value Fund
Data updated: 2024-05-29
AVMTX — VP Mid Cap Value Fund. United States Mid Cap Blend / Core Equity · $673.04M AUM · 1.01% expense ratio. Holdings, fees, performance and SEC filings.
AVMTX Fund Overview
AVMTX — VP Mid Cap Value Fund is a US mutual fund managed by American Century Variable Portfolios INC, categorised as United States Mid Cap Blend / Core 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 Variable Portfolios INC
- Category: United States Mid Cap Blend / Core Equity
- Assets under management: $673.04M
- 1-year return: 9.7%
- Ticker: AVMTX
- SEC CIK: 0000814680
- SEC series ID: S000006716
- Share class ID: C000018274
AVMTX Investment Objective and Strategy
VP Mid Cap Value Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by American Century Variable Portfolios INC.
Investment objective
The fund seeks long-term capital growth.
Principal investment strategy
Under normal market conditions, the portfolio managers will invest at least 80% of the funds net assets in medium size companies. The portfolio managers consider medium size companies to include those whose market capitalization at the time of purchase is within the capitalization range of the Russell 3000 Index, excluding the largest 100 such companies. The portfolio managers intend to manage the fund so that its weighted capitalization falls within the capitalization range of the members of the Russell Midcap Index. Though market capitalization may change from time to time, as of February 28, 2018 , the capitalization range of the Russell 3000 Index, excluding the largest 100 companies, and the Russell Midcap Index, were approximately $ 3.5 million to $ 57.9 billion and $ 496.3 million to $ 40.7 billion, respectively.
In selecting stocks for the fund, the portfolio managers look for companies whose stock price may not reflect the companys value. The managers attempt to purchase the stocks of these undervalued companies and hold each stock until the price has increased to, or is higher than, a level the managers believe more accurately reflects the fair value of the company. The fund may invest a portion of its assets in foreign securities when these securities meet the portfolio managers standards of selection. The portfolio managers may sell stocks from the funds portfolio if they believe a stock no longer meets their valuation criteria, a stocks risk parameters outweigh its return opportunity, more attractive alternatives are identified or specific events alter a stocks prospects.
AVMTX Holdings
Top 10 holdings of VP Mid Cap Value Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Zimmer Biomet Holdings Inc | 3.05% |
| Conagra Brands Inc | 2.39% |
| Northern Trust Corp | 2.18% |
| Bank of New York Mellon Corp/The | 2.11% |
| Enterprise Products Partners LP | 2.02% |
| Kimberly-Clark Corp | 1.99% |
| Henry Schein Inc | 1.99% |
| Quest Diagnostics Inc | 1.96% |
| Koninklijke Ahold Delhaize NV | 1.85% |
| Allstate Corp/The | 1.75% |
AVMTX Portfolio Allocation
Asset-class allocation of VP Mid Cap Value Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 98.2% |
| Cash & Equivalents | 1.6% |
AVMTX Performance
Total returns for AVMTX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 9.7% |
| 3 years (annualised) | 6.3% |
AVMTX Risk Information
Risk metrics for AVMTX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 15.2%
AVMTX Costs and Fees
AVMTX costs about $101 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.01%
- Gross expense ratio: 1.01%
- Portfolio turnover: 74%
- Brokerage commissions: 2.36 bps of average net assets (SEC N-CEN)
AVMTX Cashflows
Over the 12 months to 2024-03, VP Mid Cap Value Fund had net outflows of $32.60M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2024-03 | $20.75M |
| 2024-02 | −$5.36M |
| 2024-01 | −$10.62M |
| 2023-12 | −$3.21M |
| 2023-11 | −$4.54M |
| 2023-10 | −$2.09M |
AVMTX Debt Constituents
No individual debt constituents are reported in VP Mid Cap Value Fund's latest SEC N-PORT filing.
AVMTX Prospectus and SEC Filings
Official VP Mid Cap Value Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2023-04-14
- Prospectus (485BPOS) — filed 2022-04-14
- Prospectus supplement (497) — filed 2022-07-29
- Portfolio holdings (N-PORT) — filed 2024-05-29
- Portfolio holdings (N-PORT) — filed 2024-02-28
- Portfolio holdings (N-PORT) — filed 2023-11-22
- Annual census (N-CEN) — filed 2024-03-08
- Annual census (N-CEN) — filed 2023-03-08
Related Funds
Other United States Mid Cap Blend / Core 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.