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Morningstar

American Funds American High-Inc R5 RITFX

Morningstar Medalist Rating
Medalist Rating as of | See American Funds Investment Hub
  • NAV / 1-Day Return 9.08  /  0.02 %
  • Total Assets 17.9 Bil
  • Adj. Expense Ratio
    0.360%
  • Expense Ratio 0.360%
  • Distribution Fee Level Low
  • Share Class Type Retirement, Large
  • Category High Yield Bond
  • Credit Quality / Interest Rate Sensitivity Low / Limited
  • Min. Initial Investment 250
  • Status Open
  • TTM Yield 6.73%
  • Effective Duration 3.26 years

USD | NAV as of Sep 22, 2023 | 1-Day Return as of Sep 22, 2023, 10:19 PM GMT+0

Morningstar’s Analysis RITFX

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

People Pillar

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

Evolving into a more moderate high-yield offering.

Senior Analyst Sam Kulahan

Sam Kulahan

Senior Analyst

Summary

American Funds American High-Income Trust’s revamped and now notably stable team has seen encouraging changes to its approach in recent years. It earns a Morningstar Analyst Rating of Bronze for its cheapest share classes, while its pricier shares are rated Neutral.

by Sam Kulahan
Rated on Published on

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Portfolio Holdings RITFX

More RITFX Holdings
  • Current Portfolio Date
  • Equity Holdings 30
  • Bond Holdings 942
  • Other Holdings 20
  • % Assets in Top 10 Holdings 7.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Capital Group Central Cash Fund

9.04
1,624,259,523
Cash and Equivalents

Rotech Healthcare

1.12
201,208,980
—

NGL Energy Operating LLC/ NGL Energy Finance Corp 7.5%

0.98
175,886,607
Corporate

Foxtrot Escrow Issuer LLC / Foxtrot Escrow Corp 12.25%

0.91
162,861,765
Corporate

First Quantum Minerals Ltd. 6.875%

0.81
145,222,533
Corporate

Cash And Other Assets Less Liablities

0.77
138,950,402
Cash and Equivalents

DISH Network Corporation 11.75%

0.65
116,326,501
Corporate

FXI Holdings Inc 12.25%

0.64
114,851,248
Corporate

Diebold Nixdorf, Inc., Term Loan B1, (Usd-Sofr + 7.50%) 11.5% 10/2/2023

0.64
114,848,367
Corporate

Teva Pharmaceutical Finance Netherlands III B.V. 5.125%

0.54
97,337,604
Corporate