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

10.69
Net Asset Value
+0.19%
1 Day
-0.56%
Year-to-Date
Overall Morningstar Rating
High yield bond
Style or Category
3.75
Sales Expenses
0.66%
Expense Ratio
Average
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.

Performance

1 month-0.19% 3 years+6.07%
3 months-2.26% 5 years+7.21%
1 year-0.65% Since inception+8.25%
Data through --

Peer Comparisonvs. High yield bond

 AHITXCategory
Performance 5-yr return+7.21%+7.86%
Expense ratio0.66%1.12%
Risk 5 year sharpe ratio1.171.24
Net assets$19.1B$1.4B
Average market cap$5.4B$12.8B
Average P/E19.620.2
Portfolio turnover62%62%

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Fund Management and Purchase Info

Fund familyAmerican Funds
Fund manager & tenureDavid Barclay / 25 Years
Minimal initial investment$250.00
Minimum IRA investment--

Holdings

Fixed income94.09%
Cash2.82%
Other1.82%
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%

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