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Morningstar

American High-Income Municipal Bond F-1 ABHFX Fund Analysis

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

Morningstar’s Analysis ABHFX

Will ABHFX 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 ABHFX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the ABHFX 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 ABHFX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A standout.

Associate Director Elizabeth Foos

Elizabeth Foos

Associate Director

Summary

American High-Income Municipal Bond is run by a large and experienced team that executes a sensible, research-based approach. They collaborate well, communicate efficiently, and implement organized training and succession planning. The strategy's cheapest share classes earn a Morningstar Medalist Rating of Silver, while its more-expensive shares earn a Bronze rating.

by Elizabeth Foos
Rated on Published on

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