American Century High-Yield Fund (ABHIX)
The portfolio managers will maintain at least 80% of the fund's net assets in high-yield corporate bonds and other debt instruments. The remaining assets may be invested in common stocks or other equity-related securities. Up to 40% of the fund's total assets may be invested in fixed-income obligations of foreign issuers. It may invest up to 20% of its assets in short-term money market instruments and U.S. government securities. The fund has no average maturity limitations, but it typically invests in intermediate-term and long-term debt securities.
Fund Info
ISIN | US0249328081 |
---|---|
CUSIP | 024932808 |
Issuer | American Century Investments |
Inception Date | Sep 30, 1997 |
Category | High Yield Bonds |
Min. Investment | $2,500 |
Asset Class | Bond |
Expense Ratio
The American Century High-Yield Fund has a high expense ratio of 0.80%, indicating higher-than-average management fees.
Share Price Chart
Loading data...
Compare to other instruments
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.
Returns By Period
American Century High-Yield Fund had a return of 0.58% year-to-date (YTD) and 9.86% in the last 12 months. Over the past 10 years, American Century High-Yield Fund had an annualized return of 3.04%, while the S&P 500 had an annualized return of 10.61%, indicating that American Century High-Yield Fund did not perform as well as the benchmark.
Period | Return | Benchmark |
---|---|---|
Year-To-Date | 0.58% | 7.28% |
1 month | 0.67% | 2.23% |
6 months | 5.58% | 14.98% |
1 year | 9.86% | 30.65% |
5 years (annualized) | 2.90% | 12.59% |
10 years (annualized) | 3.04% | 10.61% |
Monthly Returns Heatmap
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | 0.51% | -0.13% | ||||||||||
2023 | 0.06% | -2.04% | -0.72% | 4.51% | 2.64% |
Risk-Adjusted Performance
Risk-Adjusted Performance Indicators
This table presents risk-adjusted performance metrics for American Century High-Yield Fund (ABHIX) and compares them with a selected benchmark (^GSPC). These performance indicators assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
---|---|---|---|---|---|
American Century High-Yield Fund | 2.07 | ||||
S&P 500 | 2.64 |
Dividends
Dividend History
American Century High-Yield Fund granted a 5.41% dividend yield in the last twelve months. The annual payout for that period amounted to $0.27 per share.
Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | 5.41% | 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.
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | $0.02 | $0.02 | ||||||||||
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 |
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 |
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 |
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 |
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 |
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 |
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 |
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 |
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 |
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 |
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 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
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 26.64%, occurring on Nov 21, 2008. Recovery took 202 trading sessions.
The current American Century High-Yield Fund drawdown is 2.67%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-26.64% | May 20, 2008 | 130 | Nov 21, 2008 | 202 | Sep 14, 2009 | 332 |
-19.62% | Feb 18, 2020 | 25 | Mar 23, 2020 | 91 | Jul 31, 2020 | 116 |
-17.85% | Mar 13, 2000 | 385 | Sep 27, 2001 | 510 | Oct 9, 2003 | 895 |
-15.69% | Jan 3, 2022 | 187 | Sep 29, 2022 | — | — | — |
-13.53% | Aug 3, 1998 | 56 | Oct 19, 1998 | 355 | Mar 1, 2000 | 411 |
Volatility
Volatility Chart
The current American Century High-Yield Fund volatility is 0.74%, 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.