American Century High Income Fund;Investor
AHIVX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 4500 Main Street Kansas City MO United States of America 64111
- IPO Date
- Oct 6, 2017
- CIK
- 0000908406
- Website
- capitalgroup.com
- Similar Companies
- Business
- American Century High Income Fund - Investor Class (AHIVX) is an open-end mutual fund that seeks current income and capital appreciation by investing primarily in high-yield, below-investment-grade corporate bonds and other debt securities, including bank loans, preferred stock, and convertibles; at least 80% of its assets are allocated to high-yield instruments rated below investment grade or unrated equivalents, with a portfolio emphasizing U.S. bonds (approximately 87%), non-U.S. bonds (12%), and minimal cash and equity exposure. Top holdings include securities such as Cloud Software Group Inc. 9%, X Corp 2025 Fixed Term Loan, TransDigm Inc. 6.375%, CCO Holdings 4.75%, and Tibco Software 6.5%, representing about 2.3% of the portfolio; the fund operates within the high-yield bond category, targeting diversification for income-focused investors as a complement to core fixed-income and equity holdings. Managed by a team including Stephen Kotsen and David Crall since 2012, and Amy Chang and Derek Leung since 2019, it maintains total net assets of approximately $1.87 billion, with the Investor Class share class at $200 million and a net expense ratio of 0.78%. The fund, launched on October 2, 2017, through the acquisition of assets and historical performance from the Nomura High Yield Fund (a series of The Advisors' Inner Circle Fund III), is domiciled in the United States and available primarily to U.S. investors, with a minimum initial investment of $2,500 for non-retirement accounts ($1,000 for IRAs). It is offered by American Century Investments, founded in 1958 as Twentieth Century Mutual Funds and headquartered at 4500 Main Street in Kansas City, Missouri, with additional offices in New York, London, Hong Kong, and Sydney. In recent developments, the fund benefited from credit selection in the energy sector amid mergers and acquisitions activity, including deals involving Shelf Drilling and Vital Energy, contributing to performance in quarters like Q3 2025; American Century Investments, the fund family sponsor, maintains a strategic alliance with Nomura Holdings since 2016, enhancing global distribution, particularly in Japan and Asia, while issuing its 2026 Investment Outlook highlighting expectations of economic reacceleration and limited Federal Reserve rate cuts. No major acquisitions, funding rounds, or structural reorganizations specific to AHIVX have been reported in the last 1-2 years, with focus remaining on portfolio adjustments for high-yield opportunities amid AI-driven growth and sector M&A.