American Century Mid Cap Value InvACMVX

American Century Mid Cap Value has solid credentials.

This fund had less-severe losses than most peers during the recent bear market. That doesn't mean it provided a haven from losses, however. From Oct. 1, 2007, through the end of February 2009, the fund suffered a cumulative loss of 43%.  Read more 

The managers employ the same approach they use at all-cap sibling American Century Value. They look for stocks that are cheap on measures such as dividends, cash flow, earnings, and book value but that aren't highly leveraged or shaky on other grounds.  Read more 

Phil Davidson, one of the managers since this fund's 2004 inception, has been at the helm of similar sibling American Century Value since 1993. The other managers are Michael Liss, also on the fund since 2004, and Kevin Toney, another American Century veteran who was named a manager on this fund in 2008 after the departure of the third original manager, Scott Moore.  Read more 

This fund focuses on mid-caps but will also own significant amounts of bigger and smaller stocks. The turnover rate is quite high.  Read more