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

10.18
Net Asset Value
-0.20%
1 Day
-1.83%
Year-to-Date
Overall Morningstar Rating
High yield bond
Style or Category
3.75
Sales Expenses
0.69%
Expense Ratio
Above 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 Nationally Recognized Statistical Rating Organizations 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+1.21% 3 years+4.19%
3 months+1.09% 5 years+3.89%
1 year+3.34% Since inception+7.78%
Data through --

Peer Comparisonvs. High yield bond

 AHITXCategory
Performance 5-yr return+3.89%+3.82%
Expense ratio0.69%1.04%
Risk 5 year sharpe ratio0.590.75
Net assets$16.1B$1.3B
Average market cap--$8.2B
Average P/E--6.7
Portfolio turnover73%73%

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Fund Management and Purchase Info

Fund familyAmerican Funds
Fund manager & tenureDavid Daigle / 14 Years
Minimal initial investment$250.00
Minimum IRA investment$25.00

Holdings

Fixed income95.96%
Cash2.46%
Other1.08%
U.S. stock0.49%
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
-- 1.13%
-- 1.02%
-- 1.02%
-- 0.90%
-- 0.89%
-- 0.74%
-- 0.70%
-- 0.67%
-- 0.66%
-- 0.65%