Summary
American Century Heritage 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: 86. The ten largest make up 28% of the fund.
- Yearly costs
- 1.00%
- Fund size
- $5.37B
- Positions
- 86
- Dividend yield
- 24.65%
- Running since
- 1987
What speaks for it
- A large fund with $5.37B under management.
- It has been running since 1987.
What to watch
- 89% of the fund is in one country (United States).
- High costs: 1.00% a year.
- In the last five years its price once dropped by 47% from its high.
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
- -15%
- 3 months
- -16%
- This year
- -9.2%
- 1 year
- -27%
- 3 years
- -1.0%
- 5 years
- -39%
- 10 years
- -13%
- Avg. market cap
- $49.4B
- P/E
- 5.3x
- Forward P/E
- 31.8x
- P/S
- 0.9x
- P/B
- 0.3x
- P/FCF
- 35.3x
- EV/EBITDA
- 22.9x
- Dividend yield
- 0.20%
- ROIC
- 8.1%
- ROE
- 16.1%
- Gross margin
- 49.8%
- Operating margin
- -8.7%
- Net margin
- -13.3%
- Payout ratio
- 1.1%
- Net debt/EBITDA
- 47.2x
- Beta
- 1.17
Weighted average of the 50 largest companies, which make up 78% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Widely spread- 1 SNSnowflake SNOW 4.2%
- 2 NECloudflare NET 4.1%
- 3 DDDatadog DDOG 3.3%
- 4 US DOLLARS 2.6%
- 5 HLHilton Worldwide Holdings Inc. HLT 2.4%
- 6 FIComfort Systems USA FIX 2.4%
- 7 HORobinhood HOOD 2.3%
- 8 COCoreSite Realty COR 2.3%
- 9 TRTarga Resources Corp. TRGP 2.2%
- 10 CMChipotle Mexican Grill CMG 2.0%
Positions in the fund: 86. The ten largest make up 28% of it.
Composition as of Nov 7, 2026.
Where is it spread?
One countryBy country
- United States 89%
- Australia 1.7%
- Canada 1.6%
- Ireland 1.1%
- Other countries 6.2%
By company size
- Large cap 96%
- Mid cap 4.3%
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.
Largest country: United States (89%). Largest size group: Large cap (96%).
What does it cost me?
Expensive- Yearly costs
- 1.00%
- A year from $10,000
- $100
- Over 20 years
- $4,622
From every $10,000 invested the fund takes $100 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 $4,622.
How has it done?
Losing value- A year on average, 10 years
- -1.3%
- Deepest drop
- -47%
- Yearly volatility
- 29%
Average yearly decline over the last ten years: 1.3%. Deepest drop in these years: 47% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 24.65%
- Payments a year
- 1
- Last payment
- $4.60
Over the last 12 months it paid $4.60 per share, which is 24.65% of today's price. The last payment was $4.60 on Dec 16, 2025.
How expensive are the companies inside?
Rather cheap- P/E of the companies inside
- 5.3
- Average Bulios Score
- 57 out of 100
Weight by Bulios Fair Price
- Undervalued 7.6%
- Fairly valued 5.0%
- Overvalued 87%
On average the companies inside trade for 5.3 times their yearly profit. By Fair Price, 87% of the rated weight comes out as overvalued.
Counted from its largest companies (50), which make up 78% 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 | ||
|---|---|---|---|---|---|---|
AC ACMG American Century Mid Cap Growth Impact ETF | United States | 0.39% | $95.9M | - | Pays out | 55% |
IW IWP iShares Russell Mid-Cap Growth ETF | United States | 0.23% | $17.4B | -11% | Pays out | 47% |
FE FEMG Fidelity Enhanced Mid Cap Growth ETF | United States | 0.23% | $4.72M | - | Pays out | 44% |
VO VOT Vanguard Morningstar Mid-Cap Growth ETF | United States | 0.05% | $32.1B | -2.8% | Pays out | 38% |
JM JMID Janus Henderson Mid Cap Growth Alpha ETF | United States | 0.30% | $19.4M | -2.5% | Pays out | 32% |
AE AEMG Harbor AlphaEdge Mid Cap Growth ETF | United States | 0.38% | $1.75M | - | - | 32% |