High Yield Financials
ACYIX Fund | USD 4.96 0.01 0.20% |
High |
Please note that past performance is not an indicator of the future performance of High Yield, its manager's success, or the effectiveness of its strategy. The performance results shown here may have been adversely or favorably impacted by events and economic conditions that may not prevail in the future. Therefore, you must use caution to infer that these results indicate any fund, manager, or strategy's future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
High Yield Fund Summary
High Yield competes with Morningstar Unconstrained, and SPACE. The portfolio managers will maintain at least 80 percent of the funds net assets in high-yield corporate bonds and other debt instruments. The remaining assets may be invested in common stocks or other equity-related securities. Up to 40 percent of the funds total assets may be invested in fixed-income obligations of foreign issuers. It may invest up to 20 percent of its assets in short-term money market instruments and U.S. government securities. The fund has no average maturity limitations, but it typically invests in intermediate-term and long-term debt securities.Specialization | High Yield Bond, Large |
Instrument | USA Mutual Fund View All |
Exchange | NMFQS Exchange |
ISIN | US0249327828 |
Business Address | American Century Investment |
Mutual Fund Family | American Century Investments |
Mutual Fund Category | High Yield Bond |
Benchmark | NYSE Composite |
Phone | 800 345 2021 |
Currency | USD - US Dollar |
You should never invest in High Yield Fund R5 without having analyzed available financial metrics that contribute to the net asset value (NAV) of the fund. Do not rely on someone else's analysis or guesses about the future performance of High Mutual Fund, because this is throwing your money away. Analyzing the key information contained in High Yield's prospectus and an annual reports, can give you an edge over other investors and help to ensure that your investments perform well for you.
High Yield Key Financial Ratios
Generally speaking, High Yield's financial ratios allow both analysts and investors to convert raw data from High Yield's financial statements into concise, actionable information that can be used to evaluate the performance of High Yield over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that High Yield Fund reports annually and quarterly.High Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining High Yield's current stock value. Our valuation model uses many indicators to compare High Yield value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across High Yield competition to find correlations between indicators driving High Yield's intrinsic value. More Info.High Yield Fund R5 is the top fund in price to earning among similar funds. It is the top fund in price to book among similar funds fabricating about 0.19 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for High Yield Fund R5 is roughly 5.15 . Comparative valuation analysis is a catch-all model that can be used if you cannot value High Yield by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for High Yield's Mutual Fund. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the High Yield's earnings, one of the primary drivers of an investment's value.High Yield Fund Systematic Risk
High Yield's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. High Yield volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on High Yield Fund correlated with the market. If Beta is less than 0 High Yield generally moves in the opposite direction as compared to the market. If High Yield Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one High Yield Fund is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of High Yield is generally in the same direction as the market. If Beta > 1 High Yield moves generally in the same direction as, but more than the movement of the benchmark.
High Yield April 25, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of High Yield help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of High Yield Fund R5. We use our internally-developed statistical techniques to arrive at the intrinsic value of High Yield Fund R5 based on widely used predictive technical indicators. In general, we focus on analyzing High Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build High Yield's daily price indicators and compare them against related drivers.
Downside Deviation | 0.3341 | |||
Information Ratio | (0.36) | |||
Maximum Drawdown | 1.2 | |||
Value At Risk | (0.40) | |||
Potential Upside | 0.404 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in High Yield Fund R5. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.