American Century High-Yield Municipal Fund Y Class (AYMYX)
| Fund Assets | 569.29M |
| Expense Ratio | 0.38% |
| Min. Investment | $5,000,000 |
| Turnover | 37.00% |
| Dividend (ttm) | 0.40 |
| Dividend Yield | 4.72% |
| Dividend Growth | 2.64% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2025 |
| Previous Close | 8.39 |
| YTD Return | -4.59% |
| 1-Year Return | -2.27% |
| 5-Year Return | 2.15% |
| 52-Week Low | 8.32 |
| 52-Week High | 9.09 |
| Beta (5Y) | n/a |
| Holdings | 409 |
| Inception Date | Apr 10, 2017 |
About AYMYX
The American Century High-Yield Municipal Fund Y is an open-end mutual fund that focuses primarily on generating a high level of federally tax-exempt income. Its core strategy involves investing in municipal and other debt securities, with a significant allocation to high-yield, or below investment-grade, bonds issued by state and local governments or agencies. This approach allows the fund to offer a yield profile higher than that of mainstream municipal bond funds, while still providing its investors with the advantage of federal income tax exemption on interest payments. This fund is typically categorized within the high-yield municipal sector, targeting investors seeking income efficiency through tax-exempt sources. The portfolio may carry elevated credit risk compared to investment-grade municipal funds due to its emphasis on lower-rated issuers, but it plays a vital role in diversifying portfolio income streams. Additionally, the fund's holdings often span a variety of municipal projects, such as infrastructure, education, and public utilities, reflecting its broad participation in public-sector financing across the United States. Class Y shares are generally structured for institutional or intermediary investors, often characterized by lower expense ratios and a focus on efficient fund management.
Performance
AYMYX had a total return of -2.27% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.42%.
Top 10 Holdings
14.44% of assets| Name | Symbol | Weight |
|---|---|---|
| 2 Year Treasury Note Future Sept 25 | n/a | 4.54% |
| BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5% | OH.BUCGEN 5 06.01.2055 | 1.80% |
| CLIFTON TEX HIGHER ED FIN CORP ED REV 6.125% | TX.CLIEDU 6.12 08.15.2048 | 1.70% |
| PUBLIC FIN AUTH WIS REV 5.25% | WI.PUBGEN 5.25 12.01.2054 | 1.27% |
| CENTRAL PLAINS ENERGY PROJ NEB GAS PROJ REV 5% | NE.CENPWR 05.01.2053 | 0.89% |
| NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 5% | NY.NYCUTL 5 06.15.2050 | 0.86% |
| METROPOLITAN TRANSN AUTH N Y REV 5.25% | NY.MTATRN 5.25 11.15.2055 | 0.86% |
| NEW JERSEY ST TRANSN TR FD AUTH 5% | NJ.NJSTRN 5 06.15.2044 | 0.85% |
| SOUTH CAROLINA JOBS-ECONOMIC DEV AUTH RETIREMENT CMNTY REV 5.25% | SC.SCSDEV 5.25 11.15.2028 | 0.85% |
| NEW JERSEY ECONOMIC DEV AUTH SPL FAC REV 5% | NJ.NJSDEV 5 10.01.2047 | 0.82% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2025 | $0.0323 | Jun 30, 2025 |
| May 30, 2025 | $0.03437 | May 30, 2025 |
| Apr 30, 2025 | $0.03339 | Apr 30, 2025 |
| Mar 31, 2025 | $0.03069 | Mar 31, 2025 |
| Feb 28, 2025 | $0.03287 | Feb 28, 2025 |
| Jan 31, 2025 | $0.03374 | Jan 31, 2025 |