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Name

As of

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

American High-Income Municipal Bond Fund®

ABHMX |

-

$4.75 B

-

1.38%

Vitals

YTD Return

N/A

1 yr return

0.6%

3 Yr Avg Return

4.6%

5 Yr Avg Return

4.7%

Net Assets

$4.75 B

Holdings in Top 10

6.7%

52 WEEK LOW AND HIGH

N/A
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.38%

SALES FEES

Front Load N/A

Deferred Load 5.00%

TRADING FEES

Turnover 21.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$250

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

American High-Income Municipal Bond Fund®

ABHMX |

-

$4.75 B

-

1.38%

ABHMX - Profile

Distributions

  • YTD Total Return N/A
  • 3 Yr Annualized Total Return 3.4%
  • 5 Yr Annualized Total Return 4.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 3.36%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    American High-Income Municipal Bond Fund®
  • Fund Family Name
    American Funds
  • Inception Date
    Mar 15, 2000
  • Shares Outstanding
    N/A
  • Share Class
    B
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Chad M. Rach

Fund Description

ABHMX - Performance

Return Ranking - Trailing

Period ABHMX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A 1.7% 7.2% N/A
1 Yr 0.6% -0.2% 6.1% N/A
3 Yr 4.6%* -2.1% 1.8% N/A
5 Yr 4.7%* -0.2% 2.3% N/A
10 Yr 3.6%* 0.9% 6.5% N/A

* Annualized

Return Ranking - Calendar

Period ABHMX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A -5.6% 4.2% N/A
2022 N/A 0.0% 8.6% N/A
2021 N/A -6.7% -1.2% N/A
2020 N/A -2.0% 2.9% N/A
2019 N/A 3.6% 83.0% N/A

Total Return Ranking - Trailing

Period ABHMX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A 1.7% 7.2% N/A
1 Yr -4.2% -0.2% 6.9% N/A
3 Yr 3.4%* -2.1% 3.1% N/A
5 Yr 4.3%* -0.2% 5.4% N/A
10 Yr 3.6%* 0.9% 7.2% N/A

* Annualized

Total Return Ranking - Calendar

Period ABHMX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A -3.7% 4.2% N/A
2022 N/A 0.0% 9.8% N/A
2021 N/A -4.6% 0.8% N/A
2020 N/A -2.0% 5.3% N/A
2019 N/A 3.6% 83.0% N/A

ABHMX - Holdings

Concentration Analysis

ABHMX Category Low Category High ABHMX % Rank
Net Assets 4.75 B 45.3 M 20.1 B N/A
Number of Holdings 1764 42 3456 N/A
Net Assets in Top 10 321 M 17.4 M 2.16 B N/A
Weighting of Top 10 6.66% 4.3% 39.1% N/A

Top 10 Holdings

  1. Buckeye Ohio Tob Settlement Fi To 5.875% 1.63%
  2. Michigan Tob Settlement Fin Au Tobacc 6% 1.12%
  3. Colorado St Gen Fd Rev General F 2% 1.04%
  4. Brazos Riv Tex Hbr Nav Dist 5.95% 0.54%
  5. Tobacco Settlement Fing Corp N Asset 5% 0.42%
  6. Puerto Rico Comwlth Aqueduct & Swr 5.25% 0.41%
  7. Wisconsin Hsg & Econ Dev A Rev Bds 3.5% 0.39%
  8. Massachusetts Edl Fing Auth 3.5% 0.39%
  9. New Jersey Econ Dev Auth 5.25% 0.36%
  10. Texas St Tpk Auth 0.36%

Asset Allocation

Weighting Return Low Return High ABHMX % Rank
Bonds 		98.38% 83.56% 103.81% N/A
Cash 		1.62% -3.81% 16.44% N/A
Stocks 		0.00% 0.00% 0.42% N/A
Preferred Stocks 		0.00% 0.00% 0.42% N/A
Other 		0.00% 0.00% 1.16% N/A
Convertible Bonds 		0.00% 0.00% 0.01% N/A

Bond Sector Breakdown

Weighting Return Low Return High ABHMX % Rank
Municipal 		97.17% 91.08% 102.60% N/A
Cash & Equivalents 		1.62% -3.28% 16.44% N/A
Government 		1.22% -7.61% 4.74% N/A
Derivative 		0.00% -0.12% 0.05% N/A
Securitized 		0.00% 0.00% 0.02% N/A
Corporate 		0.00% 0.00% 2.78% N/A

Bond Geographic Breakdown

Weighting Return Low Return High ABHMX % Rank
US 		98.38% 76.76% 100.08% N/A
Non US 		0.00% 0.00% 13.09% N/A

ABHMX - Expenses

Operational Fees

ABHMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.38% 0.27% 1.97% N/A
Management Fee 0.30% 0.26% 0.75% N/A
12b-1 Fee 0.99% 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.35% N/A

Sales Fees

ABHMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 4.75% N/A
Deferred Load 5.00% 0.60% 5.50% N/A

Trading Fees

ABHMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.75% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

ABHMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 21.00% 8.00% 119.00% N/A

ABHMX - Distributions

Dividend Yield Analysis

ABHMX Category Low Category High ABHMX % Rank
Dividend Yield 0.00% 0.01% 5.19% N/A

Dividend Distribution Analysis

ABHMX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

ABHMX Category Low Category High ABHMX % Rank
Net Income Ratio 3.36% 1.46% 5.40% N/A

Capital Gain Distribution Analysis

ABHMX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Monthly Annually

Distributions History

View More +

ABHMX - Fund Manager Analysis

Managers

Chad M. Rach

Start Date

Tenure

Tenure Rank

Oct 01, 2011

5.5

5.5%

Primary title with Capital Research and Management Company, Senior Vice President and Capital Fixed Income Investors. Rach is a portfolio manager with Strong, where he started in March 2000 as a fixed income analyst. Prior to this, he was assistant vice president with both Robert W. Baird & Co. and Miller & Schroeder Financial. He also worked as Director of Community Development for the city of Glendale, WI.

Karl J. Zeile

Start Date

Tenure

Tenure Rank

Nov 01, 2004

12.42

12.4%

Zeile is the vice president and director of Capital Research Company Investment. He began his professional career 14 years ago; 6 years with Capital Research and Management Company or affiliate.

Neil L. Langberg

Start Date

Tenure

Tenure Rank

Sep 26, 1994

22.53

22.5%

Langberg is a vice president with Capital Research and Management Company, his employer since 1978.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.02 30.52 8.56 6.41

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