AHGNX — NT High Income Fund
Data updated: 2022-06-07
AHGNX — NT High Income Fund. Money Market · $1.11B AUM · 0.00% expense ratio · 1.0% 1-yr return. Holdings, fees, performance and SEC filings.
AHGNX Fund Overview
AHGNX — NT High Income Fund is a US mutual fund managed by American Century Investment Trust, categorised as Money Market. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: American Century Investment Trust
- Category: Money Market
- Assets under management: $1.11B
- 1-year return: 1.0%
- Ticker: AHGNX
- SEC CIK: 0000908406
- SEC series ID: S000057659
- Share class ID: C000184308
AHGNX Investment Objective and Strategy
NT High Income Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by American Century Investment Trust.
Investment objective
The fund seeks current yield and capital growth.
Principal investment strategy
Under normal market conditions, the fund invests primarily in high-yield corporate bonds and other debt instruments with an emphasis on those that are rated below investment-grade. A high-yield security, or junk bond, is one that has been rated below the four highest categories used by a nationally recognized statistical rating organization, or, if unrated, determined by the investment advisor to be of similar quality. Types of high-yield securities the fund may invest in include: bank loans in the form of assignments or participations; payment-in-kind securities; deferred payment securities; and fixed, variable, and floating rate obligations. The fund may invest in new issuances of high yield securities, distressed securities, and restricted or illiquid securities, including Rule 144A securities.
Bank loans include senior secured and unsecured floating rate loans of corporations, partnerships, or other entities. Typically these loans hold a senior position in the borrowers capital structure, they have interest rates that reset frequently, and they may be secured by the borrowers assets or they may be unsecured. The fund may invest up to 20% of its net assets in bank loan investments. Deferred payment securities are zero-coupon securities that convert on a specified date to interest bearing debt securities. On this date, the stated coupon rate becomes effective and interest is paid at regular intervals. The fund may invest in fixed-income instruments of foreign issuers, including emerging market issuers. Generally, the fund invests in U.S. dollar denominated securities, however, the fund may invest in securities denominated in foreign currencies.
The fund has no average maturity limitations, but it typically invests in intermediate-term and long-term debt securities. The fund may also invest in short-term money market instruments and U.S. government securities. The fund is not permitted to invest in securities issued by companies assigned the Global Industry Classification Standard (GICS) or the Bloomberg Industry Classification Standard (BICS) for the tobacco industry. To determine whether to buy or sell a security, the portfolio managers consider, among other things, various fund requirements and standards, along with economic conditions, alternative investments and interest rates. The fund may engage in active and frequent trading of portfolio securities to achieve its principal investment strategies. This may cause higher transaction costs and may affect performance.
It may also result in the realization and distribution of capital gains.
AHGNX Performance
Total returns for AHGNX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 1.0% |
| 3 years (annualised) | 5.5% |
AHGNX Risk Information
Risk metrics for AHGNX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 4.3%
AHGNX Costs and Fees
AHGNX costs about $0 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.00%
- Gross expense ratio: 0.53%
- Portfolio turnover: 56%
- Brokerage commissions: 0.02 bps of average net assets (SEC N-CEN)
AHGNX Cashflows
Over the 12 months to 2022-03, NT High Income Fund had net outflows of $66.71M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2022-03 | −$13.77M |
| 2022-02 | −$64.36M |
| 2022-01 | $9.52M |
| 2021-12 | −$16.98M |
| 2021-11 | −$29.61M |
| 2021-10 | $1.32M |
AHGNX Debt Constituents
No individual debt constituents are reported in NT High Income Fund's latest SEC N-PORT filing.
AHGNX Prospectus and SEC Filings
Official NT High Income Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2021-07-29
- Prospectus (485BPOS) — filed 2020-08-19
- Prospectus supplement (497) — filed 2021-03-31
- Portfolio holdings (N-PORT) — filed 2022-05-25
- Portfolio holdings (N-PORT) — filed 2022-02-22
- Portfolio holdings (N-PORT) — filed 2021-11-23
- Annual census (N-CEN) — filed 2022-06-07
- Annual census (N-CEN) — filed 2021-06-04
Related Funds
Other Money Market funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.