Morningstar

American Century High Yield Municipal Fund Investor Class ABHYX

Morningstar Medalist Rating
Medalist Rating as of | See American Century Investment Hub
  • NAV / 1-Day Return 8.79  /  +0.11 %
  • Total Assets 577.2M
  • Adj. Expense Ratio
    0.600%
  • Expense Ratio 0.590%
  • Distribution Fee Level Above Average
  • Share Class Type No Load
  • Category High Yield Muni
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield 4.29%
  • Effective Duration 7.89 years

USD | NAV as of Jul 15, 2026 | 1-Day Return as of Jul 15, 2026, 12:11 AM GMT+0

Morningstar’s Analysis ABHYX

Will ABHYX outperform in the 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.

Too peer-conscious to stand out.

Associate Analyst River Meng

River Meng

Associate Analyst

Summary

American Century High Yield Muni’s tendency to avoid outsize peer-relative bets results in a middle-of-the-road high-yield municipal-bond offering.

by River Meng
Rated on Published on

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Portfolio Holdings ABHYX

More ABHYX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 8.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5%

1.15 6M
municipal

BUILD NYC RESOURCE CORP N Y REV 5.5%

1.05 6M
municipal

CENTRAL PLAINS ENERGY PROJ NEB GAS PROJ REV 5%

0.93 5M
municipal

NEW JERSEY ST TRANSN TR FD AUTH 5%

0.92 5M
municipal

ST LOUIS CNTY MO INDL DEV AUTH SR LIVING FACS REV 5.25%

0.89 5M
municipal

NEW JERSEY ECONOMIC DEV AUTH SPL FAC REV 5%

0.88 5M
municipal

PUBLIC FIN AUTH WIS REV 5.25%

0.88 5M
municipal

ESCAMBIA CNTY FLA HEALTH FACS AUTH HEALTH FAC REV 4%

0.76 4M
municipal

NEW YORK N Y 5%

0.74 4M
municipal

UIPA CROSSROADS PUB INFRASTRUCTURE DIST UTAH TAX DIFFERENTIAL REV 4.375%

0.69 4M
municipal

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