Skip to Content
Morningstar

American Century High-Yield Muni Inv ABHYX

Morningstar Medalist Rating
Medalist Rating as of | See American Century Investment Hub
  • NAV / 1-Day Return 8.22  /  0.28 %
  • Total Assets 615.8 Mil
  • Adj. Expense Ratio
    0.590%
  • Expense Ratio 0.590%
  • Distribution Fee Level Average
  • Share Class Type No Load
  • Category High Yield Muni
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield 3.86%
  • Effective Duration 8.44 years

USD | NAV as of Sep 29, 2023 | 1-Day Return as of Sep 29, 2023, 10:12 PM GMT+0

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

Unlock our full analysis with Morningstar Investor

Portfolio Holdings ABHYX

More ABHYX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 379
  • Other Holdings 4
  • % Assets in Top 10 Holdings 14.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Future on 10 Year Treasury Note

3.96
27,617,344
Government

BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5%

2.34
16,334,403
municipal

NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 5%

1.54
10,775,537
municipal

CLIFTON TEX HIGHER ED FIN CORP ED REV 6.125%

1.44
10,024,407
municipal

American Century Divers Muncpl Bd ETF

1.21
8,465,000
—

KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 4%

1.07
7,464,898
municipal

NEW YORK N Y 5%

1.07
7,459,121
municipal

METROPOLITAN TRANSN AUTH N Y REV 5.25%

0.75
5,249,072
municipal

WASHINGTON ST 5%

0.75
5,228,155
municipal

NEW JERSEY ST TRANSN TR FD AUTH 5%

0.75
5,218,242
municipal