American Funds American High-Income Trust benefits from a revamped and now notably stable team and has seen encouraging changes to its approach in recent years, supporting an upgrade of its Morningstar Analyst Rating for its cheapest share classes to Bronze, while its pricier shares receive a Neutral.
Will AHITX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable AHITX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the AHITX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of AHITX’s parent organization’s priorities and whether they’re in line with investors’ interests.