American Century High Income Fund (NPHIX)
The investment seeks current yield and capital growth. The fund invests primarily in high-yield corporate bonds and other debt instruments with an emphasis on those that are rated below investment-grade. A high-yield security, or junk bond, is one that has been rated below the four highest categories used by a nationally recognized statistical rating organization, or, if unrated, determined by the investment advisor to be of similar quality. It may invest up to 20% of its net assets in bank loan investments. The fund may invest in fixed-income instruments of foreign issuers, including emerging market issuers.
Fund Info
US0249321540
Dec 27, 2012
$0
Expense Ratio
NPHIX features an expense ratio of 0.58%, falling within the medium range.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in American Century High Income Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
American Century High Income Fund had a return of 1.40% year-to-date (YTD) and 9.51% in the last 12 months. Over the past 10 years, American Century High Income Fund had an annualized return of 5.04%, while the S&P 500 had an annualized return of 11.29%, indicating that American Century High Income Fund did not perform as well as the benchmark.
NPHIX
1.40%
0.94%
3.90%
9.51%
4.70%
5.04%
^GSPC (Benchmark)
4.22%
2.22%
9.51%
22.46%
12.74%
11.29%
Monthly Returns
The table below presents the monthly returns of NPHIX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2025 | 1.40% | 1.40% | |||||||||||
2024 | 0.50% | 0.20% | 1.26% | -0.97% | 1.03% | 0.76% | 1.85% | 1.63% | 1.44% | -0.59% | 1.27% | -0.59% | 8.03% |
2023 | 4.11% | -1.35% | 1.33% | 1.00% | -0.48% | 1.82% | 1.37% | 0.18% | -1.69% | -0.86% | 4.70% | 3.12% | 13.82% |
2022 | -2.60% | -0.94% | -0.74% | -3.68% | -0.20% | -7.22% | 5.91% | -2.09% | -4.09% | 2.67% | 2.44% | -0.78% | -11.35% |
2021 | 0.50% | 0.86% | 0.98% | 1.28% | 0.29% | 1.85% | -0.30% | 0.87% | 0.21% | -0.61% | -0.67% | 0.99% | 6.38% |
2020 | -0.17% | -1.38% | -11.14% | 3.57% | 4.53% | 0.86% | 4.76% | 1.54% | -0.84% | 0.25% | 4.53% | 2.30% | 8.02% |
2019 | 4.71% | 1.27% | 0.59% | 1.35% | -1.21% | 1.85% | 0.56% | 0.39% | 0.20% | 0.23% | 0.25% | 1.96% | 12.72% |
2018 | 0.93% | -0.78% | -0.57% | 0.43% | 0.20% | 0.49% | 0.90% | 0.66% | 0.52% | -1.74% | -1.10% | -2.36% | -2.45% |
2017 | 1.35% | 1.35% | -0.02% | 0.98% | 0.64% | -0.24% | 1.20% | -0.35% | 1.17% | 0.47% | -0.20% | 0.50% | 7.03% |
2016 | -1.72% | 0.52% | 4.24% | 3.73% | 0.90% | 0.95% | 2.03% | 2.38% | 0.80% | 0.55% | -0.05% | 1.88% | 17.30% |
2015 | 0.16% | 2.57% | -0.02% | 1.35% | 0.06% | -1.51% | -0.86% | -1.86% | -2.76% | 2.57% | -2.22% | -2.26% | -4.85% |
2014 | 0.10% | 1.94% | -0.10% | 0.29% | 0.48% | 0.47% | -1.79% | 0.86% | -2.66% | 0.69% | -0.68% | -3.82% | -4.28% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 94, NPHIX is among the top 6% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for American Century High Income Fund (NPHIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
American Century High Income Fund provided a 6.56% dividend yield over the last twelve months, with an annual payout of $0.57 per share.
Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Dividend | $0.57 | $0.57 | $0.59 | $0.51 | $0.58 | $0.52 | $0.53 | $0.51 | $0.56 | $0.54 | $0.64 | $0.16 |
Dividend yield | 6.56% | 6.55% | 6.82% | 6.34% | 6.02% | 5.34% | 5.56% | 5.73% | 5.88% | 5.72% | 7.48% | 1.69% |
Monthly Dividends
The table displays the monthly dividend distributions for American Century High Income Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2025 | $0.05 | $0.00 | $0.05 | ||||||||||
2024 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.04 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.57 |
2023 | $0.04 | $0.05 | $0.05 | $0.09 | $0.05 | $0.05 | $0.04 | $0.05 | $0.05 | $0.04 | $0.05 | $0.05 | $0.59 |
2022 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.05 | $0.05 | $0.51 |
2021 | $0.08 | $0.04 | $0.04 | $0.04 | $0.08 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.05 | $0.58 |
2020 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.05 | $0.05 | $0.04 | $0.04 | $0.04 | $0.04 | $0.05 | $0.52 |
2019 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.04 | $0.04 | $0.05 | $0.04 | $0.04 | $0.04 | $0.04 | $0.53 |
2018 | $0.05 | $0.05 | $0.05 | $0.00 | $0.05 | $0.05 | $0.05 | $0.05 | $0.04 | $0.05 | $0.05 | $0.04 | $0.51 |
2017 | $0.05 | $0.04 | $0.05 | $0.04 | $0.05 | $0.05 | $0.05 | $0.05 | $0.04 | $0.05 | $0.05 | $0.06 | $0.56 |
2016 | $0.04 | $0.05 | $0.06 | $0.06 | $0.05 | $0.03 | $0.03 | $0.05 | $0.05 | $0.04 | $0.05 | $0.05 | $0.54 |
2015 | $0.06 | $0.05 | $0.06 | $0.05 | $0.06 | $0.05 | $0.07 | $0.04 | $0.06 | $0.05 | $0.05 | $0.06 | $0.64 |
2014 | $0.05 | $0.06 | $0.05 | $0.16 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the American Century High Income Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the American Century High Income Fund was 21.68%, occurring on Mar 23, 2020. Recovery took 109 trading sessions.
The current American Century High Income Fund drawdown is 0.11%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-21.68% | Feb 21, 2020 | 22 | Mar 23, 2020 | 109 | Aug 26, 2020 | 131 |
-16.52% | Jun 25, 2014 | 412 | Feb 11, 2016 | 144 | Sep 7, 2016 | 556 |
-16.33% | Nov 10, 2021 | 223 | Sep 29, 2022 | 314 | Dec 27, 2023 | 537 |
-6.31% | Oct 3, 2018 | 58 | Dec 26, 2018 | 43 | Feb 28, 2019 | 101 |
-5.1% | May 13, 2013 | 31 | Jun 25, 2013 | 222 | May 13, 2014 | 253 |
Volatility
Volatility Chart
The current American Century High Income Fund volatility is 0.85%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.