Skip to Content
Morningstar

American High-Income Municipal Bond F-2 AHMFX Fund Analysis

Morningstar Medalist Rating
| Medalist Rating as of | See American Funds Investment Hub

Morningstar’s Analysis AHMFX

Will AHMFX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable AHMFX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the AHMFX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of AHMFX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A Strong Choice

Associate Director Elizabeth Foos

Elizabeth Foos

Associate Director

Summary

American High-Income Municipal Bond's solid approach and skilled team make it a topnotch offering within the high-yield muni Morningstar Category. The team collaborates well using a robust toolkit and implements an organized training and succession plan that results in an upgrade to the Process Pillar rating to High from Above Average.

by Elizabeth Foos
Rated on Published on

Unlock our full analysis with Morningstar Investor