American Funds American High-Income Trust® Class A (AHITX)

Net Asset Value
1 Day
Overall Morningstar Rating
High yield bond
Style or Category
Sales Expenses
Expense Ratio
Morningstar Risk Rating™
Investment Objective The investment seeks to provide a high level of current income; the secondary investment objective is capital appreciation. The fund invests primarily in higher yielding and generally lower quality debt securities (rated Ba1 or below or BB+ or below by a nationally recognized statistical rating organization or unrated but determined by the fund's investment adviser to be of equivalent quality), including corporate loan obligations. It may also invest a portion of its assets in securities of issuers domiciled outside the United States.


1 month-1.02% 3 years+8.35%
3 months-1.60% 5 years+8.75%
1 year+3.31% Since inception+8.39%
Data through --

Peer Comparisonvs. High yield bond

Performance 5-yr return+8.75%+9.39%
Expense ratio0.66%1.13%
Risk 5 year sharpe ratio1.391.47
Net assets$20.1B$1.6B
Average market cap$5.4B$10.8B
Average P/E19.619.0
Portfolio turnover61%61%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

Fund familyAmerican Funds
Fund manager & tenureDavid Barclay / 24 Years
Minimal initial investment$250.00
Minimum IRA investment$250.00


Fixed income94.09%
U.S. stock1.28%
International stock0.00%
Top 5 Sectors
Portfolio weighting
Industrial materials 33.23%
Consumer goods 18.86%
Financial service 17.14%
Telecommunication 17.03%
Business service 8.51%
Top 10 Holdings
Portfolio weighting
-- Samson Invt 9.75%0.99%
-- Reynolds Grp Issuer 5.75%0.95%
-- Intelsat Jackson Hldgs 6.625%0.93%
-- Sprint Nextel 7%0.92%
-- Inventiv Health 144A 9%0.91%
-- Kinetic Concepts 10.5%0.89%
-- Kinetic Concepts 12.5%0.85%
-- T Mobile Usa 6.25%0.84%
-- Associated Matls 9.125%0.83%
-- First Data 11.75%0.73%

To view my watchlist

Not a member yet?

Sign up now for a free account
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.