High-yield Municipal Financials
| AYMCX Fund | USD 9.01 0.02 0.22% |
High-yield |
Please note that you must use caution to infer results of funds 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 Municipal Fund Summary
High-yield Municipal competes with Adams Diversified, Delaware Limited-term, Jhancock Diversified, Davenport Small, and Tax-managed. The fund invests in municipal and other debt securities with an emphasis on high-yield securities. Under normal market conditions, the portfolio managers invest at least 80 percent of the funds net assets in municipal securities with interest payments exempt from federal income tax. Some of these investments in municipal securities are not necessarily exempt from the federal alternative minimum tax.Specialization | High Yield Muni, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | American Century Municipal |
| Mutual Fund Family | American Century Investments |
| Mutual Fund Category | High Yield Muni |
| Benchmark | Dow Jones Industrial |
| Phone | 800 345 2021 |
| Currency | USD - US Dollar |
High-yield Municipal Key Financial Ratios
High-yield Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining High-yield Municipal's current stock value. Our valuation model uses many indicators to compare High-yield Municipal 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 Municipal competition to find correlations between indicators driving High-yield Municipal's intrinsic value. More Info.High Yield Municipal Fund is the top fund in annual yield among similar funds. It also is the top fund in year to date return among similar funds creating about 1,362 of Year To Date Return per Annual Yield. 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 Municipal's earnings, one of the primary drivers of an investment's value.High Yield Municipal Systematic Risk
High-yield Municipal's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. High-yield Municipal 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 thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on High Yield Municipal correlated with the market. If Beta is less than 0 High-yield Municipal generally moves in the opposite direction as compared to the market. If High-yield Municipal 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 Municipal is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of High-yield Municipal is generally in the same direction as the market. If Beta > 1 High-yield Municipal moves generally in the same direction as, but more than the movement of the benchmark.
High-yield Municipal November 29, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of High-yield Municipal help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of High Yield Municipal Fund. We use our internally-developed statistical techniques to arrive at the intrinsic value of High Yield Municipal Fund based on widely used predictive technical indicators. In general, we focus on analyzing High-yield Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build High-yield Municipal's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.498 | |||
| Information Ratio | (0.39) | |||
| Maximum Drawdown | 1.68 | |||
| Value At Risk | (0.34) | |||
| Potential Upside | 0.3352 |
Other Information on Investing in High-yield Mutual Fund
High-yield Municipal financial ratios help investors to determine whether High-yield Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in High-yield with respect to the benefits of owning High-yield Municipal security.
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