American Century High Income R6 (AHIDX) 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 AHIDX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to AHIDX
AHIDX charges 0.53% annually. There are 18 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 | AHIDX vs FHYSX | |
| Vanguard High-Yield Corporate Fund Admiral Shares | 0.13% | 25.70B | Nov 2001 | AHIDX vs VWEAX | |
| PIA High Yield (MACS) Fund | 0.20% | — | Dec 2017 | AHIDX vs PIAMX | |
| Vanguard High-Yield Corporate Fund Investor Shares | 0.23% | 25.70B | Dec 1978 | AHIDX vs VWEHX | |
| Six Circles Credit Opportunities Fund | 0.29% | — | Nov 2020 | AHIDX vs CRDOX |
Best Risk-Adjusted Alternatives to AHIDX
AHIDX has a PortfoliosLab risk / return rank of 75. There are 94 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 | AHIDX vs XILSX | |
| Cliffwater Corporate Lending Fund | 100 | — | Mar 2019 | AHIDX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 100 | — | Sep 2010 | AHIDX vs RPHIX | |
| Fidelity Series High Income Fund | 97 | — | Mar 2011 | AHIDX vs FSHNX | |
| Chartwell Short Duration High Yield Fund | 97 | — | Jul 2014 | AHIDX vs CWFIX |
Top Performing AHIDX Alternatives (YTD)
AHIDX is at 1.57% YTD. There are 110 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 | AHIDX vs FAGIX | |
| Pioneer ILS Interval Fund | 7.97% | — | Dec 2014 | AHIDX vs XILSX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 7.64% | — | Oct 2018 | AHIDX vs FIQTX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 7.59% | — | Jul 1995 | AHIDX vs FAHCX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 7.52% | — | Jan 1987 | AHIDX vs FAHYX |
Lowest Volatility Alternatives to AHIDX
AHIDX 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 | AHIDX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 0.88% | — | Sep 2010 | AHIDX vs RPHIX | |
| Chartwell Short Duration High Yield Fund | 1.49% | — | Jul 2014 | AHIDX vs CWFIX | |
| Shenkman Capital Short Duration High Income Fund | 1.63% | — | Oct 2012 | AHIDX vs SCFIX | |
| Osterweis Strategic Income Fund | 1.69% | — | Aug 2002 | AHIDX vs OSTIX |
Lowest Drawdown Alternatives to AHIDX
AHIDX has a 1-year max drawdown of -2.52%. There are 109 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 | AHIDX vs RPHIX | |
| Cliffwater Corporate Lending Fund | -0.19% | — | Mar 2019 | AHIDX vs CCLFX | |
| Pioneer ILS Interval Fund | -0.21% | — | Dec 2014 | AHIDX vs XILSX | |
| MainStay MacKay Short Duration High Yield Fund | -1.06% | — | Dec 2012 | AHIDX vs MDHVX | |
| Shenkman Capital Short Duration High Income Fund | -1.11% | — | Oct 2012 | AHIDX 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 | AHIDX vs TWCUX | |
| American Century Growth Fund | Large Cap Growth Equities | 29 | 8.57% | 14.71B | Jun 1971 | AHIDX vs TWCGX | |
| American Century Global Gold Fund | Precious Metals | 26 | 2.13% | 1.76B | Aug 1988 | AHIDX vs BGEIX | |
| American Century Investments Focused Dynamic Growt... | Large Cap Growth Equities | 34 | 9.28% | 2.12B | May 2006 | AHIDX vs ACFOX | |
| American Century Select Fund | Large Cap Growth Equities | 34 | 8.87% | 6.39B | Jun 1971 | AHIDX vs TWCIX | |
| American Century Growth Fund G Class | Large Cap Growth Equities | 31 | 8.95% | — | Mar 2022 | AHIDX vs ACIHX | |
| American Century Heritage Fund | Mid Cap Growth Equities | 6 | 6.69% | 5.37B | Nov 1987 | AHIDX vs TWHIX | |
| American Century California High Yield Municipal F... | Municipal Bonds | 67 | 2.11% | 1.62B | Dec 1986 | AHIDX vs BCHYX | |
| American Century Equity Income Fund | Large Cap Value Equities | 41 | 6.14% | 6.45B | Aug 1994 | AHIDX vs TWEIX | |
| American Century Disciplined Core Value Fund | Large Cap Value Equities | 79 | 11.88% | 1.99B | Dec 1990 | AHIDX vs BIGRX |
Often Compared With AHIDX
Investors most often compare AHIDX with BULIX, RITGX, PRFRX. These 9 comparison targets span 3 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| American Century Utilities Fund | Utilities Equities | 11 | 4.40% | 312.77M | Feb 1993 | AHIDX vs BULIX | |
| American Funds American High-Income Trust® Class R... | High Yield Bonds | 86 | 2.35% | — | Aug 2008 | AHIDX vs RITGX | |
| T. Rowe Price Floating Rate Fund | High Yield Bonds | 96 | 1.39% | — | Jul 2011 | AHIDX vs PRFRX | |
| Penn Capital Short Duration High Income Fund | High Yield Bonds | 96 | 1.63% | — | Jul 2017 | AHIDX vs PSHNX | |
| Fairholme Focused Income Fund | High Yield Bonds | 41 | 7.20% | — | Dec 2009 | AHIDX vs FOCIX | |
| American Beacon SiM High Yld Opps Fund | High Yield Bonds | 96 | 2.13% | — | Feb 2011 | AHIDX vs SHYPX | |
| American Century Equity Income Fund Class I | Large Cap Value Equities | 42 | 6.29% | — | Jul 1998 | AHIDX vs ACIIX | |
| Payden High Income Fund | High Yield Bonds | 95 | 2.36% | — | Dec 1997 | AHIDX vs PYHRX | |
| American Beacon SiM High Yield Opportunities Fund ... | High Yield Bonds | 96 | 2.27% | — | Feb 2011 | AHIDX vs SHOYX |
Compare AHIDX with Any Fund or Stock
Compare AHIDX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair AHIDX with funds that move differently
American Century High Income R6 alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to AHIDX.
Explore AHIDX Diversifiers