American Funds American High-Income Trust has seen encouraging changes to its team and approach in recent years, but as changes continue to evolve here and concerns over the effectiveness of its multimanager approach remain, it continues to earn a Morningstar Analyst Rating of Neutral across all share classes.
Will CITFX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable CITFX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the CITFX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of CITFX’s parent organization’s priorities and whether they’re in line with investors’ interests.