Focused Dynamic Growth Fund
American Century Growth Funds, Inc. · 6 share classes
Fund classification
Classified from what the fund holds · as of 2026 Q2
Focused Dynamic Growth Fund is an actively managed U.S. equity fund. 40% of ACFOX’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 92% of the fund’s equity).
- Asset class
- Equity
- Region
- United States
- Management
- Actively managed
- Fund type
- Open-end fund
Fund profile
As filed in the prospectus · 2025 Q4
The fund seeks long-term capital growth.
The fund invests in stocks of early and rapid-stage growth companies selected by portfolio managers based on analysis of individual company fundamentals, particularly those showing accelerated earnings, revenue, or cash flow growth. The fund typically holds 30 to 45 securities and may trade actively to pursue its strategy. Because performance depends on the portfolio managers' selection of individual stocks, results will diverge from broad market performance based on the success of those picks. The fund may invest in foreign securities when they meet the same growth criteria.
| Share class | Gross | Net |
|---|---|---|
| ACFOX | 0.85% | 0.85% |
| ACFSX | 0.65% | 0.65% |
| ACFDX | 1.10% | 1.10% |
| ACFCX | 1.35% | 1.35% |
| ACFNX | 0.50% | 0.50% |
| ACFGX | 0.50% | 0.00% |
Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.
Portfolio turnover 15.00% · as of 2025 Q4
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Stocks | 99.42% |
| Cash & short-term | 1.16% |
| Derivatives | -0.00% |
The outer band is exposure held short — written against the portfolio rather than part of it, which is why it sits outside the ring and why the two are never netted into one figure.
Derivatives are shown at market value, not notional exposure.
Sector allocation
The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2
| Information Technology | 36.8% |
| Communication Services | 23.2% |
| Consumer Discretionary | 17.0% |
| International | 6.6% |
| 6 smaller | 16.4% |
Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).
Portfolio growth profile
How much of the fund’s stock holdings are in fast-growing companies · as of 2026 Q2
Share of the fund’s equity (by value) in companies whose trailing five-year revenue — or net-income — growth ranks in the top 25% of U.S. public companies. Foreign and newly-listed holdings are excluded, so the figure covers only part of the book. From SEC filings — not investment advice. How we measure this.
Latest quarter
What changed since the fund's previous filing
Largest new: Ascendis Pharma A/S, META, CGNX, State Street Bank & Trust Co, State Street Navigator Securities Lending Trust - State Street Navigator Securities Lending Government Money Market Portfolio, HOOD, AVGO, RDDT
Exited: Ascendis Pharma A/S, REGN, PCTY, OKLO, State Street Bank & Trust Co, FIG, MORGAN STANLEY CAPITAL SERVICES INC
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
| Share class | 1-year | 3-year | 5-year | Vol | Worst fall |
|---|---|---|---|---|---|
| +38.44% | +115.96% | +52.85% | 20.87% | -16.19% | |
| +38.70% | +117.24% | +54.36% | 20.86% | -16.18% | |
| +38.10% | +114.34% | +50.93% | 20.86% | -16.23% | |
| +37.74% | +112.77% | +49.10% | 20.86% | -16.27% | |
| +38.93% | +118.20% | +55.54% | 20.88% | -16.16% | |
| +39.61% | +121.52% | +59.45% | 20.88% | -16.09% |
These classes hold the same portfolio, so the 10.35pp spread over 5 years is the cost difference between them — roughly 2.07pp a year — not a difference in what they own.
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Reported price | Value | Shares |
|---|---|---|---|---|---|
| NVDA | NVIDIA CorpNVDA | 17.41% | $199.57 | $368.87M | 1.8M |
| GOOG | Alphabet IncGOOG | 17.35% | $381.94 | $367.60M | 962.4K |
| AMZN | Amazon.com IncAMZN | 9.49% | $265.06 | $201.00M | 758.3K |
| TSLA | Tesla IncTSLA | 5.91% | $381.63 | $125.08M | 327.8K |
| MSFT | Microsoft CorpMSFT | 4.29% | $407.78 | $90.82M | 222.7K |
| CDNS | Cadence Design Systems IncCDNS | 3.30% | $329.59 | $69.98M | 212.3K |
| RKLB | Rocket Lab CorpRKLB | 3.22% | $82.51 | $68.17M | 826.2K |
| NFLX | Netflix IncNFLX | 3.03% | $93.61 | $64.19M | 685.8K |
| ASND | Ascendis Pharma A/SASND | 2.76% | $229.38 | $58.44M | 254.8K |
| META | Meta Platforms IncMETA | 2.42% | $611.91 | $51.34M | 83.9K |
Reported price is the fund's own reported value divided by its own reported shares at 2026-04-30 — not a live quote, and not what the fund paid.
Top 10 positions are 69.18% of net assets, top 25 90.36%, across 49 issuers.
See more of this fund's book
More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.
Sign in free