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American Century High-Yield Fund (ABHIX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

ISINUS0249328081
CUSIP024932808
IssuerAmerican Century Investments
Inception DateSep 30, 1997
CategoryHigh Yield Bonds
Min. Investment$2,500
Asset ClassBond

Expense Ratio

ABHIX has a high expense ratio of 0.80%, indicating higher-than-average management fees.


Expense ratio chart for ABHIX: current value at 0.80% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.80%

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


American Century High-Yield Fund

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in American Century High-Yield Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


200.00%250.00%300.00%350.00%December2024FebruaryMarchAprilMay
188.64%
377.48%
ABHIX (American Century High-Yield Fund)
Benchmark (^GSPC)

S&P 500

Returns By Period

American Century High-Yield Fund had a return of 1.53% year-to-date (YTD) and 8.99% in the last 12 months. Over the past 10 years, American Century High-Yield Fund had an annualized return of 3.01%, while the S&P 500 had an annualized return of 10.99%, indicating that American Century High-Yield Fund did not perform as well as the benchmark.


PeriodReturnBenchmark
Year-To-Date1.53%11.18%
1 month2.11%5.60%
6 months6.00%17.48%
1 year8.99%26.33%
5 years (annualized)2.85%13.16%
10 years (annualized)3.01%10.99%

Monthly Returns

The table below presents the monthly returns of ABHIX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20240.51%-0.13%1.07%-1.12%1.53%
20233.52%-1.56%0.88%0.20%-0.53%1.28%1.27%0.06%-2.04%-0.72%4.51%2.64%9.72%
2022-2.67%-1.27%-1.13%-3.71%0.17%-6.39%5.58%-2.37%-4.01%2.11%2.31%-0.54%-11.80%
20210.12%0.15%0.51%0.86%0.49%1.55%-0.00%0.84%-0.19%-0.52%-0.74%1.96%5.11%
2020-0.33%-1.40%-8.67%3.39%3.49%0.19%4.52%0.90%-0.90%0.35%3.26%1.60%5.88%
20194.82%1.35%0.76%1.13%-1.01%2.18%0.57%0.57%0.38%0.38%0.19%1.26%13.21%
20180.60%-1.12%-0.80%0.79%-0.07%0.46%0.96%0.69%0.45%-1.85%-0.99%-2.36%-3.26%
20171.13%1.30%-0.27%0.94%0.80%-0.10%1.11%0.09%0.78%0.25%-0.42%0.26%6.00%
2016-1.42%0.70%4.14%3.06%0.28%1.02%2.09%2.05%0.44%-0.09%-0.44%1.50%14.03%
20150.28%2.47%-0.75%0.95%0.27%-1.92%-0.24%-1.63%-2.90%3.23%-2.57%-2.63%-5.52%
20140.31%2.11%-0.01%0.47%0.59%0.61%-1.47%1.60%-2.14%1.29%-0.87%-0.99%1.42%
20131.13%0.34%0.94%1.91%-0.78%-2.50%1.95%-0.80%0.83%2.28%0.48%0.27%6.12%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of ABHIX is 67, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.


The Risk-Adjusted Performance Rank of ABHIX is 6767
ABHIX (American Century High-Yield Fund)
The Sharpe Ratio Rank of ABHIX is 6464Sharpe Ratio Rank
The Sortino Ratio Rank of ABHIX is 7575Sortino Ratio Rank
The Omega Ratio Rank of ABHIX is 7676Omega Ratio Rank
The Calmar Ratio Rank of ABHIX is 4646Calmar Ratio Rank
The Martin Ratio Rank of ABHIX is 7474Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for American Century High-Yield Fund (ABHIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


ABHIX
Sharpe ratio
The chart of Sharpe ratio for ABHIX, currently valued at 1.86, compared to the broader market-1.000.001.002.003.004.001.86
Sortino ratio
The chart of Sortino ratio for ABHIX, currently valued at 3.07, compared to the broader market-2.000.002.004.006.008.0010.0012.003.07
Omega ratio
The chart of Omega ratio for ABHIX, currently valued at 1.39, compared to the broader market0.501.001.502.002.503.003.501.39
Calmar ratio
The chart of Calmar ratio for ABHIX, currently valued at 0.83, compared to the broader market0.002.004.006.008.0010.0012.000.83
Martin ratio
The chart of Martin ratio for ABHIX, currently valued at 7.81, compared to the broader market0.0020.0040.0060.0080.007.81
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 2.38, compared to the broader market-1.000.001.002.003.004.002.38
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 3.37, compared to the broader market-2.000.002.004.006.008.0010.0012.003.37
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.42, compared to the broader market0.501.001.502.002.503.003.501.42
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 1.94, compared to the broader market0.002.004.006.008.0010.0012.001.94
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 9.12, compared to the broader market0.0020.0040.0060.0080.009.12

Sharpe Ratio

The current American Century High-Yield Fund Sharpe ratio is 1.86. This value is calculated based on the past 12 months of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of American Century High-Yield Fund with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio1.001.502.002.503.00December2024FebruaryMarchAprilMay
1.86
2.38
ABHIX (American Century High-Yield Fund)
Benchmark (^GSPC)

Dividends

Dividend History

American Century High-Yield Fund granted a 5.46% dividend yield in the last twelve months. The annual payout for that period amounted to $0.27 per share.


PeriodTTM20232022202120202019201820172016201520142013
Dividend$0.27$0.27$0.24$0.27$0.24$0.26$0.30$0.29$0.30$0.31$0.39$0.42

Dividend yield

5.46%5.34%4.86%4.62%4.25%4.62%5.74%5.14%5.26%5.91%6.63%6.78%

Monthly Dividends

The table displays the monthly dividend distributions for American Century High-Yield Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.02$0.02$0.02$0.02$0.00$0.09
2023$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.03$0.27
2022$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.24
2021$0.04$0.02$0.02$0.02$0.04$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.27
2020$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.24
2019$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.26
2018$0.02$0.03$0.02$0.02$0.03$0.03$0.02$0.03$0.03$0.03$0.03$0.02$0.30
2017$0.02$0.02$0.02$0.02$0.03$0.02$0.02$0.02$0.02$0.02$0.03$0.02$0.29
2016$0.03$0.03$0.02$0.02$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.02$0.30
2015$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.31
2014$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.08$0.39
2013$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.09$0.42

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-8.00%-6.00%-4.00%-2.00%0.00%December2024FebruaryMarchAprilMay
-1.75%
-0.09%
ABHIX (American Century High-Yield Fund)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the American Century High-Yield Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the American Century High-Yield Fund was 26.63%, occurring on Nov 21, 2008. Recovery took 202 trading sessions.

The current American Century High-Yield Fund drawdown is 1.75%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-26.63%May 20, 2008130Nov 21, 2008202Sep 14, 2009332
-19.62%Feb 18, 202025Mar 23, 202091Jul 31, 2020116
-17.86%Mar 13, 2000385Sep 27, 2001510Oct 9, 2003895
-15.69%Jan 3, 2022187Sep 29, 2022
-13.53%Aug 3, 199856Oct 19, 1998355Mar 1, 2000411

Volatility

Volatility Chart

The current American Century High-Yield Fund volatility is 1.22%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


1.00%2.00%3.00%4.00%December2024FebruaryMarchAprilMay
1.22%
3.36%
ABHIX (American Century High-Yield Fund)
Benchmark (^GSPC)