ABHIX

About ABHIX

American Century High-Yield Fund Investor Class is an open-end mutual fund focused on below‑investment‑grade corporate credit. Its primary objective is to generate high current income, with capital appreciation as a secondary goal, by maintaining at least 80% of assets in high‑yield corporate bonds and other debt instruments across intermediate- and long‑term maturities. The strategy may complement its core holdings with opportunistic allocations, including up to 40% in foreign issuers and limited positions in equity-related securities, while retaining flexibility to hold short-term instruments and U.S. government securities for liquidity and risk management. Launched in 1997 and managed by American Century Investments, the fund distributes income monthly and targets the U.S. high‑yield market benchmarked to constrained issuer indexes that limit single-issuer concentration. Its role in the market is to provide diversified exposure to credit risk for investors seeking bond income beyond investment‑grade yields, spanning sectors such as communications, industrials, and services through a broad portfolio of individual issuers.