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American Century VP Mid Cap Value I
Release date as of 2022-05-31. Data on page is subject to change.
Snapshot Ratings & Risk Portfolio Nuts & Bolts
  Morningstar Report
Overall Morningstar
What is this?
As of 2022-05-31
Out of 393
Mid-Cap Value Funds
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What is this?
As of 2022-03-31
Total Fund Assets ($ Mil)
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  Investment Objective & Strategy  
The investment seeks long-term capital growth; income is a secondary consideration.
Under normal market conditions, the portfolio managers will invest at least 80% of the fund's 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.
  Morningstar Category: Mid-Cap Value
Some mid-cap value portfolios focus on medium-size companies while others land here because they own a mix of small-, mid-, and large-cap stocks. All look for U.S. stocks that are less expensive or growing more slowly than the market. Stocks in the middle 20% of the capitalization of the U.S. equity market are defined as mid-cap. Value is defined based on low valuations (low price ratios and high dividend yields) and slow growth (low growth rates for earnings, sales, book value, and cash flow). 
  Investment Risks
Mid Cap Funds: The securities of companies with market capitalizations below $10 billion may be more volatile and less liquid than the securities of larger companies.
  Portfolio Profile
Asset Allocation
% of Net Assets
Bullet U.S. Stocks U.S. Stocks 86.5
Bullet Non-U.S. Stocks Non-U.S. Stocks 11.0
Bullet Bonds Bonds 0.0
Bullet Cash Cash 2.5
Bullet Other Other 0.0
Asset Allocation Rescaled Graph
Data through 2022-03-31
Morningstar Equity Sectors
% of Stocks
Cyclical 37.33
Basic Materials 2.14
Consumer Cyclical 8.95
Financial Services 19.12
Real Estate 7.12
Sensitive 29.96
Communication Services 1.56
Energy 6.03
Industrials 15.67
Technology 6.70
Defensive 32.70
Consumer Defensive 10.54
Healthcare 14.91
Utilities 7.25
Data through 2022-03-31
Holding Status
Total Number of Stock Holdings 95
Total Number of Bond Holdings 0
% of Net Assets in Top 10 Holdings 21.70
Turnover % (as of 2021-12-31) 53.00
30 Day SEC Yield % 1.57
Top Holdings
Sector P/E % of Net
Zimmer Biomet Holdings Inc 89.71 3.33
Northern Trust Corp 15.50 2.38
Southwest Airlines Co 48.27 2.08
Emerson Electric Co 18.55 2.02
Bank of New York Mellon Corp 11.57 2.01
iShares Russell Mid-Cap Value ETF --- --- 2.01
Dollar Tree Inc 24.40 1.99
Advance Auto Parts Inc 21.10 1.97
Allstate Corp 12.05 1.97
Conagra Brands Inc 15.30 1.94
Data through 2022-03-31
  Principal Risks   
Foreign Securities, Loss of Money, Not FDIC Insured, Market/Market Volatility, IPO, Socially Conscious, Shareholder Activity, Management, Mid-Cap
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  Other Information
Inception Date: 2004-12-01
Portfolio Manager(s)
Kevin Toney   (2004-10-29)
Kevin Toney, CFA, CIO, senior vice president and senior portfolio manager for American Century Investments, joined the company in 1999 as an investment analyst and became a portfolio manager in 2006. Kevin is responsible for the teams that manage the company’s value and real estate equity strategies that comprise the firm’s Global Value Equity discipline. Before joining American Century Investments, Kevin was an associate in the M&A group of Toronto Dominion Securities. He has worked in the investment industry since 1993.
Brian Woglom   (2005-12-31)
Brian is a member of the team of investment professionals managing the U.S. Value Yield, U.S. Value, U.S. Large Cap Value, U.S. Mid Cap Value and U.S. Equity Market Neutral Value strategies and related accounts, and he co-manages U.S. Large Cap Value, U.S. Value, U.S. Mid Cap Value and U.S. Equity Market Neutral Value. He joined American Century Investments in 2005. Previously, Brian was an investment analyst for Argo Partners and an analyst for the portfolio management unit of Metropolitan Life Insurance Co. He has worked in the investment industry since 1998. Brian earned a bachelor's degree in economics from Amherst College and a master’s degree in business administration from the University of Michigan. He is a CFA® charterholder and a member of the CFA Institute.
Nathan Rawlins   (2022-03-15)
Mr. Rawlins, Portfolio Manager and Senior Investment Analyst, has been a member of the team that manages the fund since joining American Century in 2015 as an investment analyst. He became a senior investment analyst in 2020 and a portfolio manager in 2022. He has a bachelor’s degree from the University of Kansas and an MBA from the Kelley School of Business, Indiana University. He is a CFA charterholder.
Phillip N. Davidson   (2004-10-29)
Mr. Davidson, CFA, is a senior vice president and executive portfolio manager for American Century Investments. Prior to joining American Century in 1993, Phil was vice president and equity portfolio manager for Boatmen’s Trust Company in St. Louis. During his 11 years at Boatmen’s, he specialized in the management of institutional equity accounts using a value-oriented investment style. He has worked in the financial industry since 1980. Phil holds a bachelor’s degree in business administration and a master’s degree in finance from Illinois State University.
Michael Liss   (2004-10-29)
Michael Liss, CFA, is Vice President and Senior Portfolio Manager of American Century. Mr. Liss has been with American Century since 1998. He holds a bachelor’s degree in accounting and finance from Albright College and an MBA in finance from Indiana University.
Investment Advisor(s)
American Century Investment Management Inc
American Century Investments
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