American Century Investments High-Yield Fund Institutional ClassACYIX

0.00 / 0.00%
5.71 - 6.29+1.56
NAV in USDNAV change52-week range3-yr sharpe ratio
As of market close Jan 23 2015.

Total returns on $10,000

As of Dec 31 2014. Fund performance


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.


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
Manager & start date
G. MacEwen
Kevin Akioka


Pricing frequencyDaily
Total net assets
388.19m USDAs of Dec 31 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


Asset type

US bond
Non-US bond
Non-US stock
US stock

Top 5 sectors

Financial Services
Communication Services
Basic Materials

Top 5 Regions

United Kingdom
United States
Sector and region weightings are calculated using only long position holdings of the portfolio.Sector & regional holdings

Top 5 holdings

Company1 year
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.

All managed funds data located on is subject to the FT Terms & Conditions . All content on is for your general information and use only and is not intended to address your particular requirements. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by FT and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.

All data shown on this page, unless noted otherwise is Data Source and Copyright: Morningstar, Inc. 2015
All Rights reserved

© 2015 Morningstar. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.

The Morningstar Equity Style Box is a unique graphical tool showing a fund’s true investment style and market capitalisation.

The Morningstar Fixed Income Style Box is a unique graphical tool showing a fund's true credit quality and duration.

Pricing for ETFs is the latest price and not "real time". Share price information may be rounded up/down and therefore not entirely accurate. FT is not responsible for any use of content by you outside its scope as stated in the FT Terms & Conditions.