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Name

As of 11/19/2024

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

AMHIX | Fund

$15.44

$11 B

4.06%

$0.63

0.66%

Vitals

YTD Return

6.6%

1 yr return

11.8%

3 Yr Avg Return

0.3%

5 Yr Avg Return

1.8%

Net Assets

$11 B

Holdings in Top 10

4.6%

52 WEEK LOW AND HIGH

$15.4
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.66%

SALES FEES

Front Load 3.75%

Deferred Load N/A

TRADING FEES

Turnover 24.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$250

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 11/19/2024

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

AMHIX | Fund

$15.44

$11 B

4.06%

$0.63

0.66%

AMHIX - Profile

Distributions

  • YTD Total Return 6.6%
  • 3 Yr Annualized Total Return 0.3%
  • 5 Yr Annualized Total Return 1.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.91%
DIVIDENDS
  • Dividend Yield 4.1%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    AMERICAN HIGH-INCOME MUNICIPAL BOND FUND
  • Fund Family Name
    American Funds
  • Inception Date
    May 11, 2012
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Chad Rach

AMHIX - Performance

Return Ranking - Trailing

Period AMHIX Return Category Return Low Category Return High Rank in Category (%)
YTD 6.6% -2.2% 12.5% 26.47%
1 Yr 11.8% 0.9% 19.5% 36.76%
3 Yr 0.3%* -8.8% 3.0% 9.45%
5 Yr 1.8%* -5.0% 3.7% 20.30%
10 Yr 3.4%* -0.4% 155.6% 26.36%

* Annualized

Return Ranking - Calendar

Period AMHIX Return Category Return Low Category Return High Rank in Category (%)
2023 3.8% -6.2% 7.5% 19.12%
2022 -14.7% -26.9% -3.5% 20.90%
2021 1.9% -1.9% 5.6% 61.62%
2020 0.8% -4.0% 4.2% 41.12%
2019 5.1% -0.7% 9.1% 49.21%

Total Return Ranking - Trailing

Period AMHIX Return Category Return Low Category Return High Rank in Category (%)
YTD 6.6% -2.2% 12.5% 26.47%
1 Yr 11.8% 0.9% 19.5% 36.76%
3 Yr 0.3%* -8.8% 3.0% 9.45%
5 Yr 1.8%* -5.0% 3.7% 20.30%
10 Yr 3.4%* -0.4% 155.6% 26.36%

* Annualized

Total Return Ranking - Calendar

Period AMHIX Return Category Return Low Category Return High Rank in Category (%)
2023 7.9% -4.1% 10.9% 30.88%
2022 -11.7% -26.9% 4.3% 22.39%
2021 5.2% -1.9% 10.0% 58.08%
2020 3.0% -2.6% 8.2% 63.45%
2019 8.9% -0.7% 1028633.9% 46.07%

NAV & Total Return History

AMHIX - Holdings

Concentration Analysis

AMHIX Category Low Category High AMHIX % Rank
Net Assets 11 B 9.79 K 15.6 B 3.47%
Number of Holdings 3325 1 3325 1.00%
Net Assets in Top 10 585 M -102 M 3.51 B 20.40%
Weighting of Top 10 4.56% 4.6% 98.8% 98.50%

Top 10 Holdings

  1. COMMONWEALTH OF PUERTO RICO 0.0% 11-01-51 0.75%
  2. COMMONWEALTH OF PUERTO RICO FRN 11-01-43 0.60%
  3. PUERTO RICO SALES TAX FINANCING CORP SALES TAX REVENUE 0.0% 07-01-46 0.58%
  4. UIPA CROSSROADS PUBLIC INFRASTRUCTURE DISTRICT AJL PROJECT AREA 4.375% 06-01-52 0.43%
  5. WASTE PRO USA INC 3.0% 06-01-32 0.40%
  6. BROOKLYN EVENTS CENTER LLC 5.0% 07-15-42 0.39%
  7. PUERTO RICO COMMONWEALTH AQUEDUCT SEWER AUTHORITY 4.0% 07-01-42 0.38%
  8. CSCDA COMMUNITY IMPROVEMENT AUTHORITY UNION SOUTH BAY 4.0% 07-01-56 0.37%
  9. TRIBOROUGH BRIDGE TUNNEL AUTHORITY FRN 01-01-35 0.34%
  10. IOWA TOBACCO SETTLEMENT AUTHORITY 0.0% 06-01-65 0.32%

Asset Allocation

Weighting Return Low Return High AMHIX % Rank
Bonds 		99.48% 0.00% 146.69% 45.10%
Cash 		0.48% -0.64% 100.00% 52.24%
Other 		0.04% -5.59% 5.07% 12.94%
Stocks 		0.00% 0.00% 99.62% 63.24%
Preferred Stocks 		0.00% -47.61% 0.00% 49.25%
Convertible Bonds 		0.00% 0.00% 0.00% 45.77%

Bond Sector Breakdown

Weighting Return Low Return High AMHIX % Rank
Municipal 		96.73% 0.00% 100.00% 74.13%
Derivative 		0.04% -7.53% 2.16% 7.46%
Cash & Equivalents 		0.00% 0.00% 100.00% 67.66%
Securitized 		0.00% 0.00% 22.44% 48.26%
Corporate 		0.00% 0.00% 2.83% 72.64%
Government 		0.00% 0.00% 0.09% 48.76%

Bond Geographic Breakdown

Weighting Return Low Return High AMHIX % Rank
US 		99.48% 0.00% 139.84% 40.80%
Non US 		0.00% 0.00% 13.35% 50.25%

AMHIX - Expenses

Operational Fees

AMHIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.66% 0.22% 3.44% 81.28%
Management Fee 0.28% 0.00% 1.41% 3.43%
12b-1 Fee 0.30% 0.00% 1.00% 62.39%
Administrative Fee 0.05% 0.02% 0.35% 28.33%

Sales Fees

AMHIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 3.75% 1.00% 4.50% 55.81%
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

AMHIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A 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.

AMHIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 24.00% 2.00% 121.00% 65.08%

AMHIX - Distributions

Dividend Yield Analysis

AMHIX Category Low Category High AMHIX % Rank
Dividend Yield 4.06% 0.00% 5.94% 69.12%

Dividend Distribution Analysis

AMHIX Category Low Category High Category Mod
Dividend Distribution Frequency None Monthly Monthly Monthly

Net Income Ratio Analysis

AMHIX Category Low Category High AMHIX % Rank
Net Income Ratio 2.91% 1.11% 5.44% 65.20%

Capital Gain Distribution Analysis

AMHIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

AMHIX - Fund Manager Analysis

Managers

Chad Rach

Start Date

Tenure

Tenure Rank

Oct 01, 2011

10.67

10.7%

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.

Jerome Solomon

Start Date

Tenure

Tenure Rank

Oct 01, 2017

4.67

4.7%

Jerome H. Solomon, Partner — Capital Fixed Income Investors, a division of an affiliate of the Capital Guardian Trust Company . Mr. Solomon has been employed by Capital Guardian Trust Company and its affiliates since 2008.

Courtney Wolf

Start Date

Tenure

Tenure Rank

Oct 01, 2021

0.66

0.7%

Tenure Analysis

Category Low Category High Category Average Category Mode
0.25 21.43 7.55 2.52

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