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

9.92
Net Asset Value
+0.20%
1 Day
+3.44%
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+0.52% 3 years+5.15%
3 months+0.47% 5 years+4.12%
1 year+7.21% Since inception+7.63%
Data through --

Peer Comparisonvs. High yield bond

 AHITXCategory
Performance 5-yr return+4.12%+4.09%
Expense ratio0.73%1.02%
Risk 5 year sharpe ratio0.520.69
Net assets$16.4B$1.4B
Average market cap--$3.1B
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 income87.82%
Cash9.88%
Other1.15%
U.S. stock0.95%
International stock0.20%
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%
-- 1.03%
-- 0.87%
-- 0.81%
-- 0.79%
-- 0.74%
-- 0.70%
-- 0.68%
-- 0.67%
-- 0.62%