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Morningstar

American High-Income Municipal Bond C AHICX

Morningstar Medalist Rating
Medalist Rating as of | See American Funds Investment Hub
  • NAV / 1-Day Return 14.40  /  0.36 %
  • Total Assets 10.0 Bil
  • Adj. Expense Ratio
    1.360%
  • Expense Ratio 1.360%
  • Distribution Fee Level Low
  • Share Class Type Level Load
  • Category High Yield Muni
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 250
  • Status Open
  • TTM Yield 3.20%
  • Effective Duration 8.20 years

USD | NAV as of Nov 28, 2023 | 1-Day Return as of Nov 28, 2023, 11:10 PM GMT+0

Morningstar’s Analysis AHICX

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

People Pillar

The People Pillar is our evaluation of the AHICX 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 AHICX’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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Portfolio Holdings AHICX

More AHICX Holdings
  • Current Portfolio Date
  • Equity Holdings 59
  • Bond Holdings 2955
  • Other Holdings 18
  • % Assets in Top 10 Holdings 4.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Cash And Other Assets Less Liablities

1.61
170,582,375
Cash and Equivalents

PUERTO RICO SALES TAX FING CORP SALES TAX REV 0%

0.70
74,516,166
municipal

PUERTO RICO COMWLTH 0%

0.64
67,844,011
municipal

PUERTO RICO COMWLTH AQUEDUCT & SWR AUTH REV 4%

0.54
57,039,176
municipal

PUERTO RICO COMWLTH HWYS & TRANSN AUTH RESTRUCTURED TOLL REV 0%

0.48
50,483,022
municipal

United States Treasury Bills 0%

0.47
49,977,945
Government

BROOKLYN ARENA LOC DEV CORP N Y PILOT REV 5%

0.45
47,274,074
municipal

UIPA CROSSROADS PUB INFRASTRUCTURE DIST UTAH TAX DIFFERENTIAL REV 4.375%

0.44
46,566,996
municipal

TRIBOROUGH BRDG & TUNL AUTH NY REVS 0%

0.42
44,500,000
municipal

MATCHING FD SPL PURP SECURITIZATION CORP VIRGIN IS 5%

0.41
43,201,829
municipal