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 141 mutual funds in the Municipal Bonds category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Western Asset SMASh Series TF Fund | 0.01% | — | Dec 2015 | BCHYX vs LSMSX | |
| Vanguard Tax-Managed Balanced Fund Admiral Shares | 0.05% | 12.30B | Sep 1994 | BCHYX vs VTMFX | |
| Federated Hermes Conservative Municipal Microshort... | 0.05% | — | Feb 2021 | BCHYX vs FHMIX | |
| Nuveen Municipal Total Return Managed Accounts | 0.05% | — | May 2007 | BCHYX vs NMTRX | |
| 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 71. There are 269 mutual funds in the Municipal Bonds category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Short-Term Selective State Municipal Bond Port... | 100 | — | Apr 2022 | BCHYX vs DFABX | |
| abrdn Ultra Short Municipal Income Fund | 99 | — | Dec 2002 | BCHYX vs ATOIX | |
| DFA NY Municipal Bond Portfolio | 99 | — | Jun 2015 | BCHYX vs DNYMX | |
| DFA California Short Term Municipal Bond Portfolio | 99 | — | Apr 2007 | BCHYX vs DFCMX | |
| DFA Short Term Municipal Bond Portfolio | 99 | — | Aug 2002 | BCHYX vs DFSMX |
Top Performing BCHYX Alternatives (YTD)
BCHYX is at 2.21% YTD. There are 67 mutual funds in the Municipal Bonds category with higher YTD returns, going as high as 12.91%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Nuveen Municipal Income Fund, Inc. | 12.91% | — | Apr 1998 | BCHYX vs NMI | |
| Nuveen New York AMT Free Quality Municipal Income | 9.28% | — | Nov 2002 | BCHYX vs NRK | |
| AllianceBernstein National Municipal Income Fund | 7.81% | — | Nov 2001 | BCHYX vs AFB | |
| Nuveen Virginia Quality Municipal Income Fund | 6.99% | — | Mar 1993 | BCHYX vs NPV | |
| BlackRock MuniYield Michigan Quality Fund | 5.87% | — | Oct 1992 | BCHYX vs MIY |
Lowest Volatility Alternatives to BCHYX
BCHYX has 3.29% 1-year volatility. There are 414 mutual funds in the Municipal Bonds category with lower 1-year volatility, going as low as 0.56%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Short-Term Selective State Municipal Bond Port... | 0.56% | — | Apr 2022 | BCHYX vs DFABX | |
| JPMorgan Ultra-Short Municipal Fund | 0.59% | — | May 2016 | BCHYX vs USMSX | |
| DFA California Short Term Municipal Bond Portfolio | 0.59% | — | Apr 2007 | BCHYX vs DFCMX | |
| JPMorgan Ultra-Short Municipal Fund | 0.60% | — | May 2016 | BCHYX vs USMTX | |
| DFA Short Term Municipal Bond Portfolio | 0.61% | — | Aug 2002 | BCHYX vs DFSMX |
Lowest Drawdown Alternatives to BCHYX
BCHYX has a 1-year max drawdown of -2.97%. There are 316 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 | |
|---|---|---|---|---|---|
| BlackRock Allocation Target Shares | 0.00% | — | May 2021 | BCHYX vs BATVX | |
| abrdn Ultra Short Municipal Income Fund | -0.10% | — | Dec 2002 | BCHYX vs ATOIX | |
| Federated Hermes Conservative Municipal Microshort... | -0.10% | — | Feb 2021 | BCHYX vs FHMIX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | -0.10% | — | Apr 2016 | BCHYX vs TFCYX | |
| Cavanal Hill Ultra Short Tax-Free Income Fund | -0.10% | — | Dec 2017 | BCHYX vs APUSX |
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 | 13 | 1.69% | 26.59B | Nov 1981 | BCHYX vs TWCUX | |
| American Century Growth Fund | Large Cap Growth Equities | 15 | 1.39% | 14.71B | Jun 1971 | BCHYX vs TWCGX | |
| American Century Global Gold Fund | Gold, Precious Metals | 17 | -9.28% | 1.76B | Aug 1988 | BCHYX vs BGEIX | |
| American Century Investments Focused Dynamic Growt... | Large Cap Growth Equities | 19 | 1.42% | 2.12B | May 2006 | BCHYX vs ACFOX | |
| American Century Growth Fund G Class | Large Cap Growth Equities | 16 | 1.80% | — | Mar 2022 | BCHYX vs ACIHX | |
| American Century Select Fund | Large Cap Growth Equities | 18 | 1.31% | 6.39B | Jun 1971 | BCHYX vs TWCIX | |
| American Century Heritage Fund | Mid Cap Growth Equities | 4 | 4.04% | 5.37B | Nov 1987 | BCHYX vs TWHIX | |
| American Century Equity Income Fund | Large Cap Value Equities | 50 | 7.80% | 6.45B | Aug 1994 | BCHYX vs TWEIX | |
| American Century Disciplined Core Value Fund | Large Cap Value Equities | 78 | 11.69% | 1.99B | Dec 1990 | BCHYX vs BIGRX | |
| American Century Equity Income Fund Class I | Large Cap Value Equities | 51 | 7.88% | — | Jul 1998 | BCHYX vs ACIIX |
Often Compared With BCHYX
Investors most often compare BCHYX with VCITX, CMF, VCAIX. These 20 comparison targets span 9 categories, based on PortfoliosLab usage data.
Compare BCHYX with Any Fund or Stock
Compare BCHYX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
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.
Explore BCHYX Diversifiers