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

9.32
Net Asset Value
+0.43%
1 Day
-7.54%
Year-to-Date
Overall Morningstar Rating
High yield bond
Style or Category
3.75
Sales Expenses
0.73%
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 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+0.93% 3 years+2.29%
3 months+11.58% 5 years+3.33%
1 year-2.58% Since inception+7.36%
Data through --

Peer Comparisonvs. High yield bond

 AHITXCategory
Performance 5-yr return+3.33%+1.66%
Expense ratio0.73%1.02%
Risk 5 year sharpe ratio0.220.29
Net assets$15.7B$1.4B
Average market cap--$8.5B
Average P/E----
Portfolio turnover52%52%

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Fund Management and Purchase Info

Fund familyAmerican Funds
Fund manager & tenureDavid Daigle / 16 Years
Minimal initial investment$250.00
Minimum IRA investment$25.00

Holdings

Fixed income88.52%
Cash9.39%
U.S. stock1.21%
Other0.79%
International stock0.09%
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
-- 1.03%
-- 0.97%
-- 0.96%
-- 0.89%
-- 0.89%
-- 0.85%
-- 0.81%
-- 0.78%
-- 0.77%
-- 0.67%