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American Century High Income Fund Class G (ACHFX)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Fund Info

Inception Date
May 19, 2022
Index Tracked
No Index (Active)
Distribution Policy
Distributing
Asset Class
Bond
Asset Class Size
Multi-Cap
Asset Class Style
Blend

Share Price Chart


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Performance

Performance Chart

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


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S&P 500 Index

Returns By Period

American Century High Income Fund Class G (ACHFX) has returned -1.54% so far this year and 6.72% over the past 12 months.


American Century High Income Fund Class G

1D
0.23%
1M
-2.28%
YTD
-1.54%
6M
0.15%
1Y
6.72%
3Y*
8.04%
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since May 23, 2022, ACHFX's average daily return is +0.03%, while the average monthly return is +0.57%. At this rate, your investment would double in approximately 10.2 years.

Historically, 68% of months were positive and 32% were negative. The best month was Jul 2022 with a return of +5.5%, while the worst month was Jun 2022 at -7.8%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 3 months.

On a daily basis, ACHFX closed higher 42% of trading days. The best single day was Nov 10, 2022 with a return of +1.8%, while the worst single day was Jun 13, 2022 at -2.8%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20260.50%0.26%-2.28%-1.54%
20251.43%0.72%-1.00%-0.08%1.70%1.90%0.62%1.30%0.96%0.27%0.60%0.84%9.62%
20240.00%0.25%1.32%-0.92%1.12%0.24%2.02%1.57%1.48%-0.54%1.95%-0.54%8.18%
20234.04%-1.18%1.38%0.48%-0.97%1.88%1.42%-0.36%-1.07%-1.96%4.75%3.75%12.56%
20223.29%-7.83%5.49%-2.05%-4.62%2.73%2.49%-0.73%-1.92%

Benchmark Metrics

American Century High Income Fund Class G has an annualized alpha of 4.30%, beta of 0.19, and R² of 0.33 versus S&P 500 Index. Calculated based on daily prices since May 24, 2022.

  • This fund participated in 41.87% of S&P 500 Index downside but only 38.39% of its upside — more exposed to losses than it benefited from rallies.
  • Beta of 0.19 may look defensive, but with R² of 0.33 this fund is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
  • R² of 0.33 means the benchmark explains less than half of this fund's behavior — treat beta with caution or consider switching to a more representative benchmark.

Alpha
4.30%
Beta
0.19
0.33
Upside Capture
38.39%
Downside Capture
41.87%

Return for Risk

Risk / Return Rank

ACHFX ranks 89 for risk / return — in the top 89% of mutual funds on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.


ACHFX Risk / Return Rank: 8989
Overall Rank
ACHFX Sharpe Ratio Rank: 9090
Sharpe Ratio Rank
ACHFX Sortino Ratio Rank: 9191
Sortino Ratio Rank
ACHFX Omega Ratio Rank: 9292
Omega Ratio Rank
ACHFX Calmar Ratio Rank: 8585
Calmar Ratio Rank
ACHFX Martin Ratio Rank: 8888
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for American Century High Income Fund Class G (ACHFX) and compare them to a chosen benchmark (S&P 500 Index).


ACHFXBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

1.86

0.90

+0.97

Sortino ratio

Return per unit of downside risk

2.68

1.39

+1.29

Omega ratio

Gain probability vs. loss probability

1.44

1.21

+0.23

Calmar ratio

Return relative to maximum drawdown

2.15

1.40

+0.75

Martin ratio

Return relative to average drawdown

9.40

6.61

+2.80

Explore ACHFX risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

American Century High Income Fund Class G provided a 6.86% dividend yield over the last twelve months, with an annual payout of $0.59 per share. The fund has been increasing its distributions for 3 consecutive years.


3.00%4.00%5.00%6.00%7.00%$0.00$0.10$0.20$0.30$0.40$0.50$0.602022202320242025
Dividends
Dividend Yield
PeriodTTM2025202420232022
Dividend$0.59$0.64$0.63$0.45$0.21

Dividend yield

6.86%7.25%7.24%5.24%2.57%

Monthly Dividends

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


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.05$0.05$0.00$0.11
2025$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.64
2024$0.05$0.05$0.05$0.05$0.05$0.00$0.05$0.06$0.05$0.05$0.11$0.05$0.63
2023$0.05$0.05$0.05$0.00$0.05$0.05$0.05$0.00$0.05$0.00$0.05$0.05$0.45
2022$0.02$0.00$0.00$0.05$0.00$0.04$0.05$0.05$0.21

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.


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Worst Drawdowns

The table below displays the maximum drawdowns of the American Century High Income Fund Class G. 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 Income Fund Class G was 9.27%, occurring on Sep 29, 2022. Recovery took 86 trading sessions.

The current American Century High Income Fund Class G drawdown is 2.28%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-9.27%Jun 1, 202284Sep 29, 202286Feb 2, 2023170
-4.36%Feb 3, 202312Feb 21, 202397Jul 12, 2023109
-3.89%Mar 4, 202525Apr 7, 202525May 13, 202550
-3.84%Aug 1, 202358Oct 20, 202326Nov 28, 202384
-2.51%Mar 3, 202619Mar 27, 2026

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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