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
ABHIX features an expense ratio of 0.80%, falling within the medium range.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
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 6.40% year-to-date (YTD) and 13.25% in the last 12 months. Over the past 10 years, American Century High-Yield Fund had an annualized return of 3.65%, while the S&P 500 had an annualized return of 11.78%, indicating that American Century High-Yield Fund did not perform as well as the benchmark.
Period | Return | Benchmark |
---|---|---|
Year-To-Date | 6.40% | 21.43% |
1 month | 0.23% | 5.87% |
6 months | 6.14% | 12.23% |
1 year | 13.25% | 32.90% |
5 years (annualized) | 3.20% | 14.34% |
10 years (annualized) | 3.65% | 11.78% |
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.
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | 0.51% | -0.13% | 1.07% | -1.12% | 1.31% | 0.84% | 1.87% | 1.48% | 1.21% | 6.40% | |||
2023 | 3.52% | -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% | 2.32% | -0.54% | -11.80% |
2021 | 0.12% | 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% | -1.41% | -8.67% | 3.39% | 3.49% | 0.19% | 4.52% | 0.91% | -0.90% | 0.35% | 3.26% | 1.60% | 5.87% |
2019 | 4.82% | 1.35% | 0.76% | 1.13% | -1.01% | 2.18% | 0.57% | 0.56% | 0.38% | 0.38% | 0.19% | 1.26% | 13.21% |
2018 | 0.60% | -1.12% | -0.80% | 0.79% | -0.07% | 0.46% | 0.97% | 0.69% | 0.45% | -1.85% | -0.99% | -2.36% | -3.27% |
2017 | 1.13% | 1.29% | -0.28% | 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% | 0.27% | 1.02% | 2.08% | 2.05% | 0.44% | -0.09% | -0.44% | 1.50% | 14.03% |
2015 | 0.27% | 2.47% | -0.75% | 0.95% | 0.27% | -1.92% | -0.24% | -1.63% | -2.90% | 3.23% | -2.57% | -2.63% | -5.52% |
2014 | 0.31% | 2.11% | -0.01% | 0.47% | 0.59% | 0.61% | -1.47% | 1.60% | -2.14% | 1.29% | -0.87% | -0.99% | 1.42% |
2013 | 1.12% | 0.34% | 0.95% | 1.91% | -0.78% | -2.51% | 1.95% | -0.80% | 0.84% | 2.28% | 0.49% | 0.27% | 6.11% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of ABHIX is 79, placing it in the top 21% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
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.
Dividends
Dividend History
American Century High-Yield Fund granted a 5.44% dividend yield in the last twelve months. The annual payout for that period amounted to $0.28 per share.
Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Dividend | $0.28 | $0.27 | $0.24 | $0.27 | $0.24 | $0.26 | $0.30 | $0.29 | $0.30 | $0.31 | $0.39 | $0.42 |
Dividend yield | 5.44% | 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 | Total | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.00 | $0.21 | ||
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. Drawdowns are calculated considering price movements and all distributions paid, if any.
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 0.77%.
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 | 450 | Jul 12, 2024 | 637 |
-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 0.90%, 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.