American Century High Income Fund Class G (ACHFX) 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 ACHFX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to ACHFX
Among 189 mutual funds in the High Yield Bonds category with expense-ratio data, the lowest-cost alternatives shown here go as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Federated Hermes High-Yield Strategy Portfolio | 0.02% | — | Dec 2008 | ACHFX vs FHYSX | |
| Vanguard High-Yield Corporate Fund Admiral Shares | 0.12% | 25.80B | Nov 2001 | ACHFX vs VWEAX | |
| PIA High Yield (MACS) Fund | 0.20% | — | Dec 2017 | ACHFX vs PIAMX | |
| Vanguard High-Yield Corporate Fund Investor Shares | 0.22% | 25.80B | Dec 1978 | ACHFX vs VWEHX | |
| Six Circles Credit Opportunities Fund | 0.29% | — | Nov 2020 | ACHFX vs CRDOX |
Best Risk-Adjusted Alternatives to ACHFX
ACHFX has a PortfoliosLab risk / return rank of 80. There are 63 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 | ACHFX vs XILSX | |
| Cliffwater Corporate Lending Fund | 100 | — | Mar 2019 | ACHFX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 100 | — | Sep 2010 | ACHFX vs RPHIX | |
| Chartwell Short Duration High Yield Fund | 96 | — | Jul 2014 | ACHFX vs CWFIX | |
| Penn Capital Short Duration High Income Fund | 96 | — | Jul 2017 | ACHFX vs PSHNX |
Top Performing ACHFX Alternatives (YTD)
ACHFX is at 1.44% YTD. There are 101 mutual funds in the High Yield Bonds category with higher YTD returns, going as high as 8.81%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Capital & Income Fund | 8.81% | — | Nov 1977 | ACHFX vs FAGIX | |
| Pioneer ILS Interval Fund | 8.39% | — | Dec 2014 | ACHFX vs XILSX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 7.99% | — | Oct 2018 | ACHFX vs FIQTX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 7.94% | — | Jul 1995 | ACHFX vs FAHCX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 7.76% | — | Jan 1987 | ACHFX vs FAHYX |
Lowest Volatility Alternatives to ACHFX
ACHFX has 3.47% 1-year volatility. There are 128 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 | ACHFX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 0.88% | — | Sep 2010 | ACHFX vs RPHIX | |
| Chartwell Short Duration High Yield Fund | 1.51% | — | Jul 2014 | ACHFX vs CWFIX | |
| Shenkman Capital Short Duration High Income Fund | 1.64% | — | Oct 2012 | ACHFX vs SCFIX | |
| Osterweis Strategic Income Fund | 1.70% | — | Aug 2002 | ACHFX vs OSTIX |
Lowest Drawdown Alternatives to ACHFX
ACHFX has a 1-year max drawdown of -2.51%. There are 105 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 | ACHFX vs RPHIX | |
| Cliffwater Corporate Lending Fund | -0.19% | — | Mar 2019 | ACHFX vs CCLFX | |
| Pioneer ILS Interval Fund | -0.21% | — | Dec 2014 | ACHFX vs XILSX | |
| MainStay MacKay Short Duration High Yield Fund | -1.06% | — | Dec 2012 | ACHFX vs MDHVX | |
| Shenkman Capital Short Duration High Income Fund | -1.11% | — | Oct 2012 | ACHFX vs SCFIX |
Other Mutual Funds from American Century
The 10 most viewed American Century mutual funds shown here include TWCUX, TWCGX, BGEIX and span 6 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 | 17 | 3.79% | 26.59B | Nov 1981 | ACHFX vs TWCUX | |
| American Century Growth Fund | Large Cap Growth Equities | 19 | 3.14% | 14.71B | Jun 1971 | ACHFX vs TWCGX | |
| American Century Global Gold Fund | Gold, Precious Metals | 21 | -4.97% | 1.76B | Aug 1988 | ACHFX vs BGEIX | |
| American Century Investments Focused Dynamic Growt... | Large Cap Growth Equities | 24 | 3.87% | 2.12B | May 2006 | ACHFX vs ACFOX | |
| American Century Growth Fund G Class | Large Cap Growth Equities | 21 | 3.56% | — | Mar 2022 | ACHFX vs ACIHX | |
| American Century Select Fund | Large Cap Growth Equities | 24 | 3.42% | 6.39B | Jun 1971 | ACHFX vs TWCIX | |
| American Century Heritage Fund | Mid Cap Growth Equities | 5 | 5.49% | 5.37B | Nov 1987 | ACHFX vs TWHIX | |
| American Century California High Yield Municipal F... | Municipal Bonds | 71 | 2.21% | 1.62B | Dec 1986 | ACHFX vs BCHYX | |
| American Century Equity Income Fund | Large Cap Value Equities | 51 | 7.32% | 6.45B | Aug 1994 | ACHFX vs TWEIX | |
| American Century Disciplined Core Value Fund | Large Cap Value Equities | 84 | 12.70% | 1.99B | Dec 1990 | ACHFX vs BIGRX |
Often Compared With ACHFX
Investors most often compare ACHFX with SHOYX, BULIX, PRFRX. These 10 comparison targets span 3 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| American Beacon SiM High Yield Opportunities Fund ... | High Yield Bonds | 96 | 1.95% | — | Feb 2011 | ACHFX vs SHOYX | |
| American Century Utilities Fund | Utilities Equities | 18 | 6.99% | 312.77M | Feb 1993 | ACHFX vs BULIX | |
| T. Rowe Price Floating Rate Fund | High Yield Bonds | 96 | 0.95% | — | Jul 2011 | ACHFX vs PRFRX | |
| RiverPark Strategic Income Fund | High Yield Bonds | 66 | 1.69% | — | Sep 2013 | ACHFX vs RSIIX | |
| Fairholme Focused Income Fund | High Yield Bonds | 36 | 6.37% | — | Dec 2009 | ACHFX vs FOCIX | |
| American Beacon SiM High Yld Opps Fund | High Yield Bonds | 96 | 1.80% | — | Feb 2011 | ACHFX vs SHYPX | |
| Payden High Income Fund | High Yield Bonds | 94 | 2.44% | — | Dec 1997 | ACHFX vs PYHRX | |
| American Century Equity Income Fund Class I | Large Cap Value Equities | 52 | 7.52% | — | Jul 1998 | ACHFX vs ACIIX | |
| T. Rowe Price Global High Income Bond Fund | High Yield Bonds | 90 | 1.35% | — | Jan 2015 | ACHFX vs RPIHX | |
| Nuveen Global High Income Fund | High Yield Bonds | 16 | 5.33% | — | Nov 2014 | ACHFX vs JGH |
Compare ACHFX with Any Fund or Stock
Compare ACHFX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair ACHFX with funds that move differently
American Century High Income Fund Class G alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to ACHFX.
Explore ACHFX Diversifiers