BCHYX Alternatives & Similar Mutual Funds

American Century California High Yield Municipal Fund (BCHYX) belongs to the Municipal Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with BCHYX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to BCHYX

BCHYX charges 0.49% annually. There are 140 mutual funds in the Municipal Bonds category with lower expense ratios, going as low as 0.01%.

Symbol	Name	Expense Ratio	AUM	Inception
LSMSX	Western Asset SMASh Series TF Fund	0.01%	—	Dec 2015	BCHYX vs LSMSX
VTMFX	Vanguard Tax-Managed Balanced Fund Admiral Shares	0.05%	12.30B	Sep 1994	BCHYX vs VTMFX
FHMIX	Federated Hermes Conservative Municipal Microshort...	0.05%	—	Feb 2021	BCHYX vs FHMIX
NMTRX	Nuveen Municipal Total Return Managed Accounts	0.05%	—	May 2007	BCHYX vs NMTRX
FSMUX	Strategic Advisers Municipal Bond Fund	0.06%	—	Jun 2021	BCHYX vs FSMUX

Best Risk-Adjusted Alternatives to BCHYX

BCHYX has a PortfoliosLab risk / return rank of 72. There are 84 mutual funds in the Municipal Bonds category with higher risk-adjusted ranks, going as high as 100.

Symbol	Name	Risk / Return Rank	AUM	Inception
DFSMX	DFA Short Term Municipal Bond Portfolio	100	—	Aug 2002	BCHYX vs DFSMX
ATOIX	abrdn Ultra Short Municipal Income Fund	100	—	Dec 2002	BCHYX vs ATOIX
DFABX	DFA Short-Term Selective State Municipal Bond Port...	99	—	Apr 2022	BCHYX vs DFABX
FHMIX	Federated Hermes Conservative Municipal Microshort...	99	—	Feb 2021	BCHYX vs FHMIX
TFCYX	SEI Institutional Managed Trust Tax-Free Conservat...	99	—	Apr 2016	BCHYX vs TFCYX

Top Performing BCHYX Alternatives (YTD)

BCHYX is at 0.76% YTD. There are 100 mutual funds in the Municipal Bonds category with higher YTD returns, going as high as 10.42%.

Symbol	Name	YTD Return	AUM	Inception
NMI	Nuveen Municipal Income Fund, Inc.	10.42%	—	Apr 1998	BCHYX vs NMI
NRK	Nuveen New York AMT Free Quality Municipal Income	7.26%	—	Nov 2002	BCHYX vs NRK
MIY	BlackRock MuniYield Michigan Quality Fund	6.51%	—	Oct 1992	BCHYX vs MIY
VTMFX	Vanguard Tax-Managed Balanced Fund Admiral Shares	5.51%	12.30B	Sep 1994	BCHYX vs VTMFX
AFB	AllianceBernstein National Municipal Income Fund	5.23%	—	Nov 2001	BCHYX vs AFB

Lowest Volatility Alternatives to BCHYX

BCHYX has 3.27% 1-year volatility. There are 400 mutual funds in the Municipal Bonds category with lower 1-year volatility, going as low as 0.53%.

Symbol	Name	Volatility 1Y	AUM	Inception
DFSMX	DFA Short Term Municipal Bond Portfolio	0.53%	—	Aug 2002	BCHYX vs DFSMX
DFABX	DFA Short-Term Selective State Municipal Bond Port...	0.57%	—	Apr 2022	BCHYX vs DFABX
DFCMX	DFA California Short Term Municipal Bond Portfolio	0.59%	—	Apr 2007	BCHYX vs DFCMX
USMTX	JPMorgan Ultra-Short Municipal Fund	0.64%	—	May 2016	BCHYX vs USMTX
USMSX	JPMorgan Ultra-Short Municipal Fund	0.64%	—	May 2016	BCHYX vs USMSX

Lowest Drawdown Alternatives to BCHYX

BCHYX has a 1-year max drawdown of -2.97%. There are 315 mutual funds in the Municipal Bonds category with shallower 1-year drawdowns, going as shallow as 0.00%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
BATVX	BlackRock Allocation Target Shares	0.00%	—	May 2021	BCHYX vs BATVX
TFCYX	SEI Institutional Managed Trust Tax-Free Conservat...	-0.10%	—	Apr 2016	BCHYX vs TFCYX
ATOIX	abrdn Ultra Short Municipal Income Fund	-0.10%	—	Dec 2002	BCHYX vs ATOIX
FHMIX	Federated Hermes Conservative Municipal Microshort...	-0.10%	—	Feb 2021	BCHYX vs FHMIX
DFABX	DFA Short-Term Selective State Municipal Bond Port...	-0.11%	—	Apr 2022	BCHYX vs DFABX

Other Mutual Funds from American Century

The 10 most viewed American Century mutual funds shown here include TWCUX, TWCGX, ACIHX and span 7 categories. AUM among these funds goes as high as $27B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
TWCUX	American Century Ultra Fund	Large Cap Growth Equities	20	4.17%	26.59B	Nov 1981	BCHYX vs TWCUX
TWCGX	American Century Growth Fund Investor Class	Large Cap Growth Equities, Actively Managed	21	4.79%	14.71B	Jun 1971	BCHYX vs TWCGX
ACIHX	American Century Investments Growth Fund G Class	Large Cap Growth Equities	22	5.31%	—	Mar 2022	BCHYX vs ACIHX
BGEIX	American Century Global Gold Fund	Gold, Precious Metals	25	-12.20%	1.76B	Aug 1988	BCHYX vs BGEIX
ACFOX	American Century Investments Focused Dynamic Growt...	Large Cap Growth Equities	19	2.03%	2.12B	May 2006	BCHYX vs ACFOX
TWCIX	American Century Select Fund	Large Cap Growth Equities	22	3.36%	6.39B	Jun 1971	BCHYX vs TWCIX
TWEIX	American Century Equity Income Fund	Dividend, Large Cap Value Equities	87	13.90%	6.45B	Aug 1994	BCHYX vs TWEIX
TWHIX	American Century Heritage Fund	Mid Cap Growth Equities	5	5.10%	5.37B	Nov 1987	BCHYX vs TWHIX
BIGRX	American Century Disciplined Core Value Fund	Large Cap Value Equities	94	17.09%	1.99B	Dec 1990	BCHYX vs BIGRX
ACIIX	American Century Equity Income Fund Class I	Dividend, Large Cap Value Equities	88	14.10%	—	Jul 1998	BCHYX vs ACIIX

Often Compared With BCHYX

Investors most often compare BCHYX with VCITX, CMF, VCAIX. These 20 comparison targets span 12 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
VCITX	Vanguard California Long-Term Tax-Exempt Fund Inve...	Municipal Bonds	65	0.30%	6.20B	Apr 1986	BCHYX vs VCITX
CMF	iShares California Muni Bond ETF	Municipal Bonds	58	0.19%	4.59B	Oct 2007	BCHYX vs CMF
VCAIX	Vanguard California Intermediate-Term Tax-Exempt F...	Municipal Bonds, Intermediate Core Bond, Investment Grade Bonds, Actively Managed	53	-0.18%	19.40B	Mar 1994	BCHYX vs VCAIX
OPCAX	Invesco California Municipal Fund	Municipal Bonds	54	0.26%	—	Nov 1988	BCHYX vs OPCAX
PRXCX	T. Rowe Price California Tax Free Bond Fund	Municipal Bonds	77	0.62%	—	Sep 1986	BCHYX vs PRXCX
TAIAX	American Funds Tax-Aware Conservative Growth and I...	Diversified Portfolio	80	6.95%	—	May 2012	BCHYX vs TAIAX
FCAL	First Trust California Municipal High Income ETF	Municipal Bonds	71	0.92%	218.74M	Jun 2017	BCHYX vs FCAL
JEPIX	JPMorgan Equity Premium Income Fund Class I	Derivative Income, Large Cap Blend Equities	33	4.24%	—	Aug 2018	BCHYX vs JEPIX
PWZ	Invesco California AMT-Free Municipal Bond ETF	Municipal Bonds	72	1.70%	1.15B	Oct 2007	BCHYX vs PWZ
FCSTX	Fidelity California Limited Term Tax-Free Bond Fun...	Municipal Bonds	29	0.04%	—	Oct 2005	BCHYX vs FCSTX
BCITX	American Century California Intermediate-Term Tax-...	Municipal Bonds	54	-0.17%	2.20B	Nov 1983	BCHYX vs BCITX
FTABX	Fidelity Tax-Free Bond Fund	Municipal Bonds	57	0.05%	—	Apr 2001	BCHYX vs FTABX
QQQ	Invesco QQQ ETF	Nasdaq-100	55	18.11%	452.80B	Mar 1999	BCHYX vs QQQ
BND	Vanguard Total Bond Market ETF	Total Bond Market	24	0.10%	398.10B	Apr 2007	BCHYX vs BND
ARFVX	American Century Investments One Choice 2050 Portf...	Target Retirement Date	56	8.37%	956.18M	May 2008	BCHYX vs ARFVX
TWBIX	American Century Balanced Fund	Diversified Portfolio	42	5.36%	906.43M	Oct 1988	BCHYX vs TWBIX
AADVX	American Century One Choice Blend+ 2055 Portfolio	Target Retirement Date	71	11.66%	—	Mar 2021	BCHYX vs AADVX
VUG	Vanguard Growth ETF	Large Cap Growth Equities	35	9.81%	378.80B	Jan 2004	BCHYX vs VUG
VWITX	Vanguard Intermediate-Term Tax-Exempt Fund Investo...	Municipal Bonds	53	-0.19%	89.80B	Sep 1977	BCHYX vs VWITX
KMLM	KFA Mount Lucas Index Strategy ETF	Systematic Trend	40	9.25%	419.76M	Dec 2020	BCHYX vs KMLM

Compare BCHYX with Any Fund or Stock

Compare BCHYX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Pair BCHYX with funds that move differently

American Century California High Yield Municipal Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to BCHYX.

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American Century California High Yield Municipal Fund (BCHYX) Alternatives