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Morningstar

American Funds American High-Inc 529A CITAX

Morningstar Medalist Rating
Medalist Rating as of | See American Funds Investment Hub
  • NAV / 1-Day Return 9.40  /  +0.02 %
  • Total Assets 19.5 Bil
  • Adj. Expense Ratio
    0.750%
  • Expense Ratio 0.750%
  • Distribution Fee Level Low
  • Share Class Type Front Load
  • Category High Yield Bond
  • Credit Quality / Interest Rate Sensitivity Low/Limited
  • Min. Initial Investment 250
  • Status Open
  • TTM Yield —
  • Effective Duration 2.99 years

USD | NAV as of Apr 17, 2024 | 1-Day Return as of Apr 17, 2024, 9:57 PM GMT+0

Morningstar’s Analysis CITAX

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

  • People Pillar

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

Worth a look given its now-moderate profile.

Senior Analyst Sam Kulahan

Sam Kulahan

Senior Analyst

Summary

American Funds American High-Income Trust’s revamped and standout team has seen encouraging changes to its approach in recent years, which have resulted in a more moderate high-yield portfolio.

by Sam Kulahan
Rated on Published on

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Portfolio Holdings CITAX

More CITAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 7.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Capital Group Central Cash Fund

7.15 1.4 Bil
Cash and Equivalents

Cash And Other Assets Less Liablities

1.66 330.4 Mil
Cash and Equivalents

DISH DBS Corporation 5.875%

1.17 232.1 Mil
Corporate

Rotech Healthcare

1.01 201.2 Mil
—

Diebold Nixdorf, Inc., Term Loan, (3-month USD CME Term SOFR + 7.50%) 12.82

1.01 200.2 Mil
Corporate

Diebold Nixdorf Inc Ordinary Shares- New

0.96 191.2 Mil
Technology

Foxtrot Escrow Issuer LLC / Foxtrot Escrow Corp 12.25%

0.91 180.5 Mil
Corporate

First Quantum Minerals Ltd. 6.875%

0.76 149.9 Mil
Corporate

Talen Engy Corp New 144A

0.68 134.2 Mil
—

DISH Network Corporation 11.75%

0.66 130.7 Mil
Corporate