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American Funds American High-Inc A AHITX

Morningstar Analyst Rating
Analyst rating as of
NAV / 1-Day Return
10.51  /  0.01 %
Total Assets
19.4 Bil
Adj. Expense Ratio
0.730%
Expense Ratio
0.730%
Fee Level
Low
Longest Manager Tenure
17.56 years
Category
High Yield Bond
Credit Quality / Interest Rate Sensitivity
Low / Limited
Min. Initial Investment
250
Status
Open
TTM Yield
5.18%
Effective Duration
3.44 years

USD | NAV as of Jun 18, 2021 | 1-Day Return as of Jun 18, 2021, 9:30 PM GMT+00:00

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Morningstar’s Analysis

Will AHITX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

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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.

People Pillar

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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.

Parent Pillar

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The Parent Pillar is our rating of AHITX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Continuing to adapt its approach to the high-yield space.

Analyst

Summary

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American Funds American High-Income Trust has seen encouraging changes to its team and approach in recent years, but as changes continue to evolve here and concerns over the effectiveness of its multimanager approach remain, it continues to earn a Morningstar Analyst Rating of Neutral across all share classes.

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