The Fund Grade · free · no account needed
What grade does BULIX get?
Morningstar rates funds on what they returned. We grade them on where their money sits today: how much of the book overlaps with the converged buys of the top specialist stock pickers.
Fundprints Fund Grade · as of 2026-10-01
American Century Utilities Fund Investor Class
#6 of 500 graded active funds · blend · mid segment peer group
The point · specialist footprint
BULIX sits mid pack for specialist backing among graded funds.
Bottom 20%
Bottom 40%
● Middle
Top 40%
Top 20%
The middle rungs sat between the extremes, and the pattern was monotonic: every step up in specialist backing came with better subsequent results. Not damning, not compelling. The fee decides whether it is worth it.
10,000+ funds tracked · the graded specialists among them drive every read
You pay 0.65% a year for a A.
The grade scores this fund's specialist share, the slice that overlaps what the top 1% of proven funds are building. We ignore index ballast and names outside our edge on purpose: that slice is small, and it's what decides the outcome.
BULIX vs the Honor Roll · share card ↗Conviction exposure
28.7%
of the book in specialist-converged names
Late-stage weight
57.4%
of the book in Crowded or Fading names
Active share
96.9%
how far it strays from the index
The best grades have beaten the worst by about +5% a year since we began grading. The gap held in 9 out of 10 months. Measured on filings as they were published, no hindsight.
Inside the book: top names by stage · as of 2026-10-20
We email you the day it crosses 50% crowded, and where you stand every month.
Graded monthly from point-in-time filings. A description of where the money sits, not a recommendation. Evidence, not advice.
The read · what to do with it
BULIX grades A and ranks 6 out of 500, a strong result for a utilities fund at 0.65% annually. The concern is that its five largest fading positions, including NEE at 12.3% and DUK at 6.4%, show specialists heading for the exits, while early-stage names like ED, PPL, and ATO make up a much smaller slice of the portfolio.
→ Watch whether NEE's 12.3% weight shrinks in coming disclosures, as specialists are already fading from that position.
→ Note that ED, PPL, and ATO are where the fund is genuinely early, so monitor if those weights grow over time.
Support leaving these positions
Read from today's disclosed book. Evidence, not advice.