Summary
Focused Large Cap Value Investor Class is a mutual fund run by American Century. It does not trade on an exchange: you buy it from the fund company at a price set once a day. Positions inside: 50. The ten largest make up 38% of the fund.
- Yearly costs
- 0.84%
- Fund size
- $2.92B
- Positions
- 50
- Dividend yield
- 10.47%
- Running since
- 1999
What speaks for it
- A large fund with $2.92B under management.
- It has been running since 1999.
What to watch
- 80% of the fund is in one country (United States).
- High costs: 0.84% a year.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- +2.7%
- 3 months
- +4.0%
- This year
- +15%
- 1 year
- +7.0%
- 3 years
- +29%
- 5 years
- -5.0%
- 10 years
- +32%
- Avg. market cap
- $626.8B
- P/E
- 18.8x
- Forward P/E
- 16.7x
- P/S
- 2.3x
- P/B
- 3.3x
- P/FCF
- 18.2x
- EV/EBITDA
- 13.5x
- Dividend yield
- 2.09%
- ROIC
- 13.0%
- ROE
- 28.1%
- Gross margin
- 45.2%
- Operating margin
- 21.0%
- Net margin
- 17.2%
- Payout ratio
- 39.2%
- Net debt/EBITDA
- 1.8x
- Beta
- 0.59
Weighted average of the 47 largest companies, which make up 93% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Moderately concentrated- 1 US DOLLARS 7.7%
- 2 MRMarsh & McLennan Companies, Inc. MRSH 4.0%
- 3 MSMicrosoft MSFT 3.7%
- 4 DUDuke Energy Corporation DUK 3.6%
- 5 BRBerkshire Hathaway BRK-B 3.4%
- 6 JNJohnson & Johnson JNJ 3.2%
- 7 JPJPMorgan JPM 3.2%
- 8 AMAmazon AMZN 3.2%
- 9 Becton Dickinson & Co 3.2%
- 10 EPEnterprise Products Partners L.P. EPD 2.8%
Positions in the fund: 50. The ten largest make up 38% of it.
Composition as of Oct 18, 2026.
Where is it spread?
One countryBy country
- United States 80%
- Ireland 3.7%
- Switzerland 3.2%
- United Kingdom 2.2%
- Other countries 11%
By company size
- Mega cap 36%
- Large cap 57%
- Mid cap 7.4%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M. Counted from the companies that make up 93% of the fund.
Largest country: United States (80%). Largest size group: Large cap (57%).
What does it cost me?
Expensive- Yearly costs
- 0.84%
- A year from $10,000
- $84.00
- Over 20 years
- $3,938
From every $10,000 invested the fund takes $84.00 a year. You do not pay it separately - it is taken out of the fund's value. Over 20 years at 5% yearly growth that adds up to about $3,938.
How has it done?
Growing slowly- A year on average, 10 years
- +2.8%
- Deepest drop
- -29%
- Yearly volatility
- 16%
Average yearly growth over the last ten years: 2.8%. Deepest drop in these years: 29% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 10.47%
- Payments a year
- 4
- Last payment
- $0.03
Over the last 12 months it paid $1.25 per share, which is 10.47% of today's price. The last payment was $0.03 on Sep 8, 2026.
How expensive are the companies inside?
Usual valuation- P/E of the companies inside
- 18.8
- Average Bulios Score
- 69 out of 100
Weight by Bulios Fair Price
- Undervalued 17%
- Fairly valued 15%
- Overvalued 68%
On average the companies inside trade for 18.8 times their yearly profit. By Fair Price, 68% of the rated weight comes out as overvalued.
Counted from its largest companies (47), which make up 93% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Can I buy it as an ETF?
A mutual fund is bought from the fund company. These ETFs hold much of the same and trade on an exchange, so an ordinary broker carries them.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
FL FLV American Century Focused Large Cap Value ETF | United States | 0.42% | $386.4M | +17% | Pays out | 91% |
DV DVND Touchstone Dividend Select ETF | United States | 1.15% | $54.2M | +12% | Pays out | 31% |
IW IWX iShares Russell Top 200 Value ETF | United States | 0.20% | $3.38B | +29% | Pays out | 29% |
BK BKDV BNY Mellon Dynamic Value ETF | United States | 0.60% | $2.17B | +25% | Pays out | 28% |
BD BDVG iMGP Berkshire Dividend Growth ETF | United States | 0.55% | $10.5M | +19% | Pays out | 28% |
TL TLIE American Beacon The London Company Income Equity ETF | United States | 0.67% | $26.0 | - | - | 27% |