American Century Investments High-Yield Fund Institutional ClassACYIX

5.86
0.02 / 0.34%
5.71 - 6.29+1.82
NAV in USDNAV change52-week range3-yr sharpe ratio

As of market close Dec 19 2014.

Total returns on $10,000

As of Nov 30 2014.Fund performance

Objective

The investment seeks high current income; capital appreciation is secondary. Under normal market conditions, the portfolio managers will maintain at least 80% of the fund's net assets in high-yield corporate bonds and other debt instruments. The remaining assets may be invested in common stocks or other equity-related securities. Up to 40% of the fund's total assets may be invested in fixed-income obligations of foreign issuers. It may invest up to 20% of its assets in short-term money market instruments and U.S. government securities. The fund has no average maturity limitations, but it typically invests in intermediate-term and long-term debt securities.

Profile

Fund typeOpen Ended Investment Company
Investment style (stocks)
Market Cap: Large
Investment Style: Growth
Investment style (bonds)
Credit Quality: Low
Interest-Rate Sensitivity: Mod
Morningstar categoryHigh Yield Bond
Launch date02/08/2004
Price currencyUSD
DomicileUnited States
SymbolACYIX
Manager & start date
G. MacEwen
14/03/2008
Kevin Akioka
29/06/2010

Investment

Pricing frequencyDaily
Total net assets
382.07m USDAs of Nov 30 2014
Net expense ratio0.65%
Front end load--
Deferred load--
Redemption fee--
Min. initial investment5,000,000 USD
Min. additional investment0.00 USD
Initial IRA--
Additional IRA--
Available for saleUnited States

Diversification

Asset type

US bond
81.35%
Non-US bond
15.31%
Cash
1.04%
Other
1.02%
Non-US stock
0.99%
US stock
0.29%

Top 5 sectors

Financial Services
1.05%
Healthcare
0.11%
Communication Services
0.11%
Basic Materials
0.01%

Top 5 Regions

United Kingdom
0.99%
United States
0.29%

Sector and region weightings are calculated using only long position holdings of the portfolio.

Sector & regional holdings

Top 5 holdings

Company1 year
change
Portfolio
weight
Short
allocation
Long
allocation
Us 10yr Note (Cbt)dec14 Xcbt 20141219---3.24%
Us Long Bond(Cbt) Dec14 Xcbt 20141219---0.96%
First Data 144A 8.25%--0.87%
Us Ultra Bond(Cbt Dec14 Xcbt 20141219---0.86%
Alcatel-Lucent Usa 144A 6.75%--0.81%
Data delayed at least 15 minutes, as of Sep 30 2014.Top 10 holdings

The performance data shown in tables and graphs on this page is calculated in USD of the fund / index / average (as applicable), on a Bid To Bid / Nav to Nav basis, with gross dividends re-invested on ex-dividend date. Past performance is not necessarily a guide to future performance; unit prices may fall as well as rise.

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