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 90 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 | 0.12% | 25.80B | Nov 2001 | ABHIX vs VWEAX | |
| PIA High Yield (MACS) Fund | 0.20% | — | Dec 2017 | ABHIX vs PIAMX | |
| Vanguard High-Yield Corporate Fund Investor Shares | 0.22% | 25.80B | 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 84. There are 46 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 Class I Shares | 100 | — | Jun 2019 | ABHIX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 100 | — | Sep 2010 | ABHIX vs RPHIX | |
| Intrepid Income Fund | 97 | — | Aug 2010 | ABHIX vs ICMUX | |
| Penn Capital Short Duration High Income Fund | 97 | — | Jul 2017 | ABHIX vs PSHNX |
Top Performing ABHIX Alternatives (YTD)
ABHIX is at 1.87% YTD. There are 57 mutual funds in the High Yield Bonds category with higher YTD returns, going as high as 10.04%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Pioneer ILS Interval Fund | 10.04% | — | Dec 2014 | ABHIX vs XILSX | |
| Fairholme Focused Income Fund | 9.48% | — | Dec 2009 | ABHIX vs FOCIX | |
| Fidelity Capital & Income Fund | 5.47% | — | Nov 1977 | ABHIX vs FAGIX | |
| Nuveen Global High Income Fund | 5.11% | — | Nov 2014 | ABHIX vs JGH | |
| Fidelity Advisor High Income Advantage Fund Class ... | 4.93% | — | Oct 2018 | ABHIX vs FIQTX |
Lowest Volatility Alternatives to ABHIX
ABHIX has 3.45% 1-year volatility. There are 126 mutual funds in the High Yield Bonds category with lower 1-year volatility, going as low as 0.83%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| RiverPark Short Term High Yield Fund | 0.83% | — | Sep 2010 | ABHIX vs RPHIX | |
| Cliffwater Corporate Lending Fund Class I Shares | 0.85% | — | Jun 2019 | ABHIX vs CCLFX | |
| Chartwell Short Duration High Yield Fund | 1.51% | — | Jul 2014 | ABHIX vs CWFIX | |
| Shenkman Capital Short Duration High Income Fund | 1.64% | — | Oct 2012 | ABHIX vs SCFIX | |
| Osterweis Strategic Income Fund | 1.77% | — | Aug 2002 | ABHIX vs OSTIX |
Lowest Drawdown Alternatives to ABHIX
ABHIX has a 1-year max drawdown of -2.55%. There are 116 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 | |
|---|---|---|---|---|---|
| Pioneer ILS Interval Fund | -0.10% | — | Dec 2014 | ABHIX vs XILSX | |
| RiverPark Short Term High Yield Fund | -0.10% | — | Sep 2010 | ABHIX vs RPHIX | |
| Cliffwater Corporate Lending Fund Class I Shares | -0.19% | — | Jun 2019 | ABHIX vs CCLFX | |
| 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, ACIHX and span 8 categories. AUM among these funds goes as high as $27B.
Often Compared With ABHIX
Investors most often compare ABHIX with ABALX, BULIX, FSHNX. These 9 comparison targets span 5 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 | 79 | 8.24% | — | Jul 1975 | ABHIX vs ABALX | |
| American Century Utilities Fund | Utilities Equities | 18 | 6.99% | 312.77M | Feb 1993 | ABHIX vs BULIX | |
| Fidelity Series High Income Fund | High Yield Bonds | 95 | 2.61% | — | Mar 2011 | ABHIX vs FSHNX | |
| T. Rowe Price Floating Rate Fund - Investor Class | High Yield Bonds | 90 | 1.84% | — | Jul 2011 | ABHIX vs PRFRX | |
| American Century Equity Income Fund Class I | Dividend, Large Cap Value Equities | 84 | 13.38% | — | Jul 1998 | ABHIX vs ACIIX | |
| Fidelity Advisor High Income Advantage Fund Class ... | High Yield Bonds | 67 | 4.77% | — | Jan 1987 | ABHIX vs FAHYX | |
| Fidelity Advisor High Income Advantage Fund Class ... | High Yield Bonds | 71 | 4.88% | — | Jul 1995 | ABHIX vs FAHCX | |
| American Beacon SiM High Yield Opportunities Fund ... | High Yield Bonds | 96 | 1.93% | — | Feb 2011 | ABHIX vs SHOYX | |
| American Beacon SiM High Yld Opps Fund | High Yield Bonds | 96 | 1.75% | — | Feb 2011 | ABHIX vs SHYPX |
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