American High-Income Municipal Bond's solid approach and skilled team make it a topnotch offering within the high-yield muni Morningstar Category. The team collaborates well using a robust toolkit and implements an organized training and succession plan that results in an upgrade to the Process Pillar rating to High from Above Average.
American High-Income Municipal Bond A AMHIX
- NAV / 1-Day Return 15.61 / −0.44 %
- Total Assets 12.3 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.660%
- Distribution Fee Level Low
- Share Class Type Front Load
- Category High Yield Muni
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 250
- Status Open
- TTM Yield 3.72%
- Effective Duration 7.07 years
USD | NAV as of Oct 04, 2024 | 1-Day Return as of Oct 04, 2024, 10:28 PM GMT+0
Morningstar’s Analysis AMHIX
Will AMHIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 4.5
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Cash And Other Assets Less Liablities | 1.39 | 174.6 Mil | Cash and Equivalents |
PUERTO RICO COMWLTH 0% | 0.76 | 95.6 Mil | municipal |
PUERTO RICO SALES TAX FING CORP SALES TAX REV 0% | 0.55 | 68.8 Mil | municipal |
PUERTO RICO COMWLTH 0% | 0.53 | 66.2 Mil | municipal |
UIPA CROSSROADS PUB INFRASTRUCTURE DIST UTAH TAX DIFFERENTIAL REV 4.375% | 0.43 | 54.7 Mil | municipal |
FLORIDA DEV FIN CORP SOLID WASTE DISP REV 3% | 0.40 | 50.9 Mil | municipal |
BROOKLYN ARENA LOC DEV CORP N Y PILOT REV 5% | 0.40 | 50.5 Mil | municipal |
PUERTO RICO COMWLTH AQUEDUCT & SWR AUTH REV 4% | 0.38 | 48.0 Mil | municipal |
CSCDA CMNTY IMPT AUTH CALIF ESSENTIAL HSG REV 4% | 0.37 | 46.3 Mil | municipal |
TRIBOROUGH BRDG & TUNL AUTH NY REVS 4.75% | 0.36 | 44.8 Mil | municipal |