About ASYIX
American Century Multisector Income Fund Y Class is an actively managed fixed‑income mutual fund designed to deliver high current income with secondary emphasis on long‑term capital appreciation. The strategy allocates across multiple bond sectors, including investment‑grade corporates, high‑yield credit, U.S. government securities, and securitized assets such as mortgage‑ and asset‑backed bonds, providing diversified exposure to varied credit and interest‑rate risks. The portfolio may also opportunistically use instruments like preferreds or convertibles when consistent with its income objective, seeking flexible sources of carry across market cycles. Managed by American Century Investments, the Y Class emphasizes cost efficiency relative to many peers and distributes income on a monthly schedule, reflecting its income‑oriented mandate. Within the multisector bond category, the fund functions as a complement to core bond holdings, aiming to broaden credit diversification beyond traditional aggregate benchmarks while actively managing duration and sector rotation. Launched in 2017, it aggregates hundreds of holdings, indicating broad issuer and sector dispersion intended to mitigate idiosyncratic risk while pursuing steady income across changing macro environments.
Fund Family American Century Investments
Category Multisector Bond
Performance Rating Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol ASYIX
Share Class Y Class
Index Bloomberg U.S. Aggregate Bond TR
ASYIX had a total return of 6.73% in the past year, including dividends. Since the fund's
inception, the average annual return has been 3.45%.
