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

10.27
Net Asset Value
-0.10%
1 Day
-0.96%
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-1.16% 3 years+3.80%
3 months+0.18% 5 years+3.87%
1 year+3.92% Since inception+7.90%
Data through --

Peer Comparisonvs. High yield bond

 AHITXCategory
Performance 5-yr return+3.87%+4.63%
Expense ratio0.69%1.04%
Risk 5 year sharpe ratio0.730.92
Net assets$16.9B$1.4B
Average market cap--$5.8B
Average P/E----
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 income96.95%
Cash1.71%
Other0.95%
U.S. stock0.41%
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
-- 1.04%
-- 1.01%
-- 0.88%
-- 0.87%
-- 0.84%
-- 0.76%
-- 0.70%
-- 0.69%
-- 0.65%
-- 0.65%