Small Cap Growth Fund

American Century Mutual Funds, Inc. · 9 share classes

Actively managed U.S. equity fund
One fund, 9 share classes:ANONXANOIXANOAXANOCXANORXANODXANOGXANOYXANOHX
$5.06B NAV
139 positions · as of 2026-04-30 · filed 2026-06-26

Fund classification

Classified from what the fund holds · as of 2026 Q2

Small Cap Growth Fund is an actively managed U.S. equity fund. 42% of ANONX’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 84% 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 · 2026 Q1

The fund seeks long-term capital growth.

Strategy · summarised

The fund invests at least 80% of its net assets in small-cap stocks—those with market capitalizations not exceeding approximately $26.0 billion, the size of the largest company in the Russell 2000 Growth Index as of December 31, 2025. Portfolio managers select stocks by identifying companies with earnings and revenues growing at an accelerating pace, including those showing improving negative growth rates and expected future acceleration, and may also favor stocks demonstrating relative price strength against peers. The fund may engage in active and frequent trading, which can increase transaction costs and capital gains distributions. Foreign securities may be held when they meet the managers' selection criteria.

Expenses
0.00% 2.13%across 9 share classes
Share classGrossNet
ANONX0.93%0.93%
ANOIX1.13%1.13%
ANOAX1.38%1.38%
ANOCX2.13%2.13%
ANORX1.63%1.63%
ANODX0.78%0.78%
ANOGX0.93%0.93%
ANOYX0.78%0.78%
ANOHX0.78%0.00%

Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.

Portfolio turnover 90.00% · as of 2026 Q1

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q2

100.73%
of net assets
Stocks99.14%
Cash & short-term1.62%
Derivatives-0.02%

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

100%
of net assets
Industrials23.9%
Health Care22.4%
Information Technology21.8%
Financials8.3%
10 smaller23.5%

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

Revenue growth
42%of stock holdings in top-quartile growers
covering 84% of the fund’s equity

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

2026Q2 vs 2026Q1: 22 new25 exited

Largest new: MUR, State Street Bank & Trust Co, SXT, GH, MTRN, PIPR, HNGE, CWST

Largest exited: State Street Bank & Trust Co, PBF, Piper Sandler Cos, BL, KNSL, CELH, VRRM, HCI

Return profile

Chart:

Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026

Share class1-year3-year5-yearVolWorst fall
+27.81%+44.55%+15.57%14.38%-16.01%
+27.55%+43.69%+14.45%14.38%-16.06%
+27.22%+42.59%+13.01%14.37%-16.09%
+26.28%+39.39%+8.83%14.32%-16.37%
+26.94%+41.54%+11.62%14.34%-16.16%
+28.01%+45.11%+16.43%14.38%-15.98%
+27.79%+44.44%+15.56%14.35%-16.01%
+28.00%+45.17%+16.42%14.37%-15.97%
+29.00%+48.66%+21.18%14.39%-15.84%

These classes hold the same portfolio, so the 12.35pp spread over 5 years is the cost difference between them — roughly 2.47pp a year — not a difference in what they own.

Cumulative return· May 2023 – Apr 2026

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
Sterling Infrastructure IncSTRL2.34%$118.37M
Plexus CorpPLXS1.80%$91.02M
Silicon Laboratories IncSLAB1.78%$90.33M
RBC Bearings IncRBC1.77%$89.43M
Argan IncAGX1.70%$86.08M
CECO Environmental CorpCECO1.68%$84.85M
SiTime CorpSITM1.59%$80.56M
FabrinetFN1.59%$80.39M
Hexcel CorpHXL1.48%$74.88M
Talen Energy CorpTLN1.38%$70.06M
Showing 10 of 139Sign in to see more

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 17.10% of net assets, top 25 34.18%, across 138 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.

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