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Morningstar

American Century High-Yield Muni Inv ABHYX Fund Analysis

Morningstar Medalist Rating
| Medalist Rating as of | See American Century Investment Hub

Morningstar’s Analysis ABHYX

Will ABHYX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable ABHYX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the ABHYX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of ABHYX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A conventional high-yield muni approach.

Associate Analyst Elizabeth Templeton

Elizabeth Templeton

Associate Analyst

Summary

American Century High Yield Municipal’s seasoned managers employ a thorough process that incorporates improved analytical tools. However, a compact team limits the approach. The strategy receives a Morningstar Medalist Rating of Neutral for most share classes, while its most expensive is rated Negative.

by Elizabeth Templeton
Rated on Published on

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