American Century High-Yield Fund (ABHIX) belongs to the High Yield Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with ABHIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to ABHIX
ABHIX charges 0.80% annually. There are 89 mutual funds in the High Yield Bonds category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Federated Hermes High-Yield Strategy Portfolio | 0.02% | — | Dec 2008 | ABHIX vs FHYSX | |
| Vanguard High-Yield Corporate Fund Admiral Shares | 0.13% | 25.70B | Nov 2001 | ABHIX vs VWEAX | |
| PIA High Yield (MACS) Fund | 0.20% | — | Dec 2017 | ABHIX vs PIAMX | |
| Vanguard High-Yield Corporate Fund Investor Shares | 0.23% | 25.70B | Dec 1978 | ABHIX vs VWEHX | |
| Six Circles Credit Opportunities Fund | 0.29% | — | Nov 2020 | ABHIX vs CRDOX |
Best Risk-Adjusted Alternatives to ABHIX
ABHIX has a PortfoliosLab risk / return rank of 81. There are 76 mutual funds in the High Yield Bonds category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Pioneer ILS Interval Fund | 100 | — | Dec 2014 | ABHIX vs XILSX | |
| Cliffwater Corporate Lending Fund | 100 | — | Mar 2019 | ABHIX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 100 | — | Sep 2010 | ABHIX vs RPHIX | |
| Fidelity Series High Income Fund | 97 | — | Mar 2011 | ABHIX vs FSHNX | |
| Chartwell Short Duration High Yield Fund | 97 | — | Jul 2014 | ABHIX vs CWFIX |
Top Performing ABHIX Alternatives (YTD)
ABHIX is at 2.31% YTD. There are 39 mutual funds in the High Yield Bonds category with higher YTD returns, going as high as 8.43%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Capital & Income Fund | 8.43% | — | Nov 1977 | ABHIX vs FAGIX | |
| Pioneer ILS Interval Fund | 7.97% | — | Dec 2014 | ABHIX vs XILSX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 7.64% | — | Oct 2018 | ABHIX vs FIQTX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 7.59% | — | Jul 1995 | ABHIX vs FAHCX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 7.52% | — | Jan 1987 | ABHIX vs FAHYX |
Lowest Volatility Alternatives to ABHIX
ABHIX has 3.41% 1-year volatility. There are 114 mutual funds in the High Yield Bonds category with lower 1-year volatility, going as low as 0.88%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Cliffwater Corporate Lending Fund | 0.88% | — | Mar 2019 | ABHIX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 0.88% | — | Sep 2010 | ABHIX vs RPHIX | |
| Chartwell Short Duration High Yield Fund | 1.49% | — | Jul 2014 | ABHIX vs CWFIX | |
| Shenkman Capital Short Duration High Income Fund | 1.63% | — | Oct 2012 | ABHIX vs SCFIX | |
| Osterweis Strategic Income Fund | 1.69% | — | Aug 2002 | ABHIX vs OSTIX |
Lowest Drawdown Alternatives to ABHIX
ABHIX has a 1-year max drawdown of -2.55%. There are 115 mutual funds in the High Yield Bonds category with shallower 1-year drawdowns, going as shallow as -0.10%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| RiverPark Short Term High Yield Fund | -0.10% | — | Sep 2010 | ABHIX vs RPHIX | |
| Cliffwater Corporate Lending Fund | -0.19% | — | Mar 2019 | ABHIX vs CCLFX | |
| Pioneer ILS Interval Fund | -0.21% | — | Dec 2014 | ABHIX vs XILSX | |
| MainStay MacKay Short Duration High Yield Fund | -1.06% | — | Dec 2012 | ABHIX vs MDHVX | |
| Shenkman Capital Short Duration High Income Fund | -1.11% | — | Oct 2012 | ABHIX vs SCFIX |
Other Mutual Funds from American Century
The 10 most viewed American Century mutual funds shown here include TWCUX, TWCGX, BGEIX and span 5 categories. AUM among these funds goes as high as $27B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| American Century Ultra Fund | Large Cap Growth Equities | 27 | 9.68% | 26.59B | Nov 1981 | ABHIX vs TWCUX | |
| American Century Growth Fund | Large Cap Growth Equities | 29 | 8.57% | 14.71B | Jun 1971 | ABHIX vs TWCGX | |
| American Century Global Gold Fund | Precious Metals | 26 | 2.13% | 1.76B | Aug 1988 | ABHIX vs BGEIX | |
| American Century Investments Focused Dynamic Growt... | Large Cap Growth Equities | 34 | 9.28% | 2.12B | May 2006 | ABHIX vs ACFOX | |
| American Century Select Fund | Large Cap Growth Equities | 34 | 8.87% | 6.39B | Jun 1971 | ABHIX vs TWCIX | |
| American Century Growth Fund G Class | Large Cap Growth Equities | 31 | 8.95% | — | Mar 2022 | ABHIX vs ACIHX | |
| American Century Heritage Fund | Mid Cap Growth Equities | 6 | 6.69% | 5.37B | Nov 1987 | ABHIX vs TWHIX | |
| American Century California High Yield Municipal F... | Municipal Bonds | 67 | 2.11% | 1.62B | Dec 1986 | ABHIX vs BCHYX | |
| American Century Equity Income Fund | Large Cap Value Equities | 41 | 6.14% | 6.45B | Aug 1994 | ABHIX vs TWEIX | |
| American Century Disciplined Core Value Fund | Large Cap Value Equities | 79 | 11.88% | 1.99B | Dec 1990 | ABHIX vs BIGRX |
Often Compared With ABHIX
Investors most often compare ABHIX with ABALX, BULIX, FOCIX. These 8 comparison targets span 4 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| American Funds American Balanced Fund Class A | Diversified Portfolio | 85 | 9.98% | — | Jul 1975 | ABHIX vs ABALX | |
| American Century Utilities Fund | Utilities Equities | 11 | 4.40% | 312.77M | Feb 1993 | ABHIX vs BULIX | |
| Fairholme Focused Income Fund | High Yield Bonds | 41 | 7.20% | — | Dec 2009 | ABHIX vs FOCIX | |
| T. Rowe Price Floating Rate Fund | High Yield Bonds | 96 | 1.39% | — | Jul 2011 | ABHIX vs PRFRX | |
| Penn Capital Short Duration High Income Fund | High Yield Bonds | 96 | 1.63% | — | Jul 2017 | ABHIX vs PSHNX | |
| American Beacon SiM High Yld Opps Fund | High Yield Bonds | 96 | 2.13% | — | Feb 2011 | ABHIX vs SHYPX | |
| American Century Equity Income Fund Class I | Large Cap Value Equities | 42 | 6.29% | — | Jul 1998 | ABHIX vs ACIIX | |
| American Beacon SiM High Yield Opportunities Fund ... | High Yield Bonds | 96 | 2.27% | — | Feb 2011 | ABHIX vs SHOYX |
Compare ABHIX with Any Fund or Stock
Compare ABHIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair ABHIX with funds that move differently
American Century High-Yield Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ABHIX.
Explore ABHIX Diversifiers