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 191 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 77. There are 66 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 Class I Shares | 100 | — | Jun 2019 | ACHFX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 100 | — | Sep 2010 | ACHFX vs RPHIX | |
| Intrepid Income Fund | 97 | — | Aug 2010 | ACHFX vs ICMUX | |
| Penn Capital Short Duration High Income Fund | 97 | — | Jul 2017 | ACHFX vs PSHNX |
Top Performing ACHFX Alternatives (YTD)
ACHFX is at 1.10% YTD. There are 115 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 | ACHFX vs XILSX | |
| Fairholme Focused Income Fund | 9.48% | — | Dec 2009 | ACHFX vs FOCIX | |
| Fidelity Capital & Income Fund | 5.47% | — | Nov 1977 | ACHFX vs FAGIX | |
| Nuveen Global High Income Fund | 5.11% | — | Nov 2014 | ACHFX vs JGH | |
| Fidelity Advisor High Income Advantage Fund Class ... | 4.93% | — | Oct 2018 | ACHFX vs FIQTX |
Lowest Volatility Alternatives to ACHFX
ACHFX 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 | ACHFX vs RPHIX | |
| Cliffwater Corporate Lending Fund Class I Shares | 0.85% | — | Jun 2019 | ACHFX vs CCLFX | |
| 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 | 1.77% | — | Aug 2002 | ACHFX vs OSTIX |
Lowest Drawdown Alternatives to ACHFX
ACHFX has a 1-year max drawdown of -2.51%. There are 107 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 | ACHFX vs XILSX | |
| RiverPark Short Term High Yield Fund | -0.10% | — | Sep 2010 | ACHFX vs RPHIX | |
| Cliffwater Corporate Lending Fund Class I Shares | -0.19% | — | Jun 2019 | ACHFX vs CCLFX | |
| 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, ACIHX and span 8 categories. AUM among these funds goes as high as $27B.
Often Compared With ACHFX
Investors most often compare ACHFX with SHOYX, BULIX, PRFRX. These 10 comparison targets span 4 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 | 1.93% | — | 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 - Investor Class | High Yield Bonds | 90 | 1.84% | — | Jul 2011 | ACHFX vs PRFRX | |
| RiverPark Strategic Income Fund | High Yield Bonds | 69 | 2.32% | — | Sep 2013 | ACHFX vs RSIIX | |
| Fidelity Advisor High Income Advantage Fund Class ... | High Yield Bonds | 67 | 4.77% | — | Jan 1987 | ACHFX vs FAHYX | |
| T. Rowe Price Global High Income Bond Fund | High Yield Bonds | 72 | 1.90% | — | Jan 2015 | ACHFX vs RPIHX | |
| Payden High Income Fund | High Yield Bonds | 94 | 2.35% | — | Dec 1997 | ACHFX vs PYHRX | |
| American Century Equity Income Fund Class I | Dividend, Large Cap Value Equities | 84 | 13.38% | — | Jul 1998 | ACHFX vs ACIIX | |
| American Beacon SiM High Yld Opps Fund | High Yield Bonds | 96 | 1.75% | — | Feb 2011 | ACHFX vs SHYPX | |
| Fidelity Advisor High Income Advantage Fund Class ... | High Yield Bonds | 71 | 4.88% | — | Jul 1995 | ACHFX vs FAHCX |
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