American Century High-Yield Fund Institutional ClassACYIX

5.47
0.01 / 0.18%
4.95 - 5.94+0.25
NAV in USDNAV change52-week range3-yr sharpe ratio
As of market close May 24 2016.

Total returns on $10,000

As of Apr 30 2016. 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 (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
Gavin Fleischman
23/02/2015

Investment

Pricing frequencyDaily
Total net assets
486.38m USDAs of Apr 30 2016
Net expense ratio0.65%
Front end load--
Deferred load--
Redemption fee--
Min. initial investment5,000,000 USD
Min. additional investment50.00 USD
Initial IRA--
Additional IRA--
Available for saleUnited States

Diversification

Asset type

US bond
69.26%
Non-US bond
18.62%
Cash
10.91%
Non-US stock
0.73%
Other
0.25%
US stock
0.24%

Top 5 sectors

Financial Services
0.76%
Communication Services
0.12%
Healthcare
0.08%

Top 5 Regions

United Kingdom
0.73%
United States
0.24%
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
Sp8a2gav9 Cds Usd R F 5.00000 2i65brna4 Ice--4.65%
Sp8a2gav9 Cds Usd P V 03mevent Markit Cdx.Na.Hy.25 12/20 Ice---4.60%
Bnp Paribas New York--4.04%
Credit Agricole--1.75%
Us Ultra Bond Cbt Mar16 Xcbt 20160321---0.79%
Data delayed at least 15 minutes, as of Mar 31 2016. 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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