American Fds, American High-income Municipal Bond Fd, Class A: (MF: AMHIX)
(NASDAQ Mutual Funds) As of Jan 7, 2026 05:25 PM ET
$15.38 USD
+0.02 (0.13%)
Fund Description
The fund seeks to achieve higher current income by investing primarily in municipal bonds, which are debt obligations offering interest exempt from federal taxation. It maintains a strategy of investing at least 80% of its assets in tax-exempt securities, with the potential to include private activity bonds subject to the federal alternative minimum tax. The fund emphasizes investments in debt securities rated BBB+ or below or Baa1 or below, with a significant portion being classified as "junk bonds." The investment adviser employs multiple portfolio managers to manage segments of the portfolio, relying on their professional judgment to identify attractively priced securities and make timely investment decisions, including selling when opportunities diminish.
Load Information
| Ticker | Max Load % |
Deferred Load % |
Red. Fee % |
12B-1 Fee % |
Mgmt Fee % |
Expense Ratio % |
|
|---|---|---|---|---|---|---|---|
| American Funds High Inc Muni Bnd A | AMHIX | 3.75 | NA | 0.00 | 0.30 | 0.27 | 0.66 |
Return Data
| Ticker | Nav | Inception Date | % yield | 1 year return | 2 year return | 3 year return | |
|---|---|---|---|---|---|---|---|
| American Funds High Inc Muni Bnd A | AMHIX | 15.38 | 9/26/1994 | 3.64 | 2.38 | 5.94 | 2.30 |
| American Funds High Inc Muni Bnd F | ABHFX | 15.29 | 9/26/1994 | 3.63 | 2.36 | 5.92 | 2.28 |
| American Funds High Inc Muni Bnd C | AHICX | 15.29 | 3/15/2001 | 2.99 | 1.70 | 5.20 | 1.61 |
| American Funds High Inc Muni Bnd F2 | AHMFX | 15.29 | 8/1/2008 | 3.86 | 2.60 | 6.19 | 2.53 |
Investment Information
| Ticker | Minimum Initial Investment ($) | Minimum Subsequent Investment ($) | Minimum Initial IRA ($) | Dividend Frequency | |
|---|---|---|---|---|---|
| American Funds High Inc Muni Bnd A | AMHIX | 250 | 50 | 0 | M |
Contact Information
| Family | American Funds |
| Address | 333 S Hope St Los Angeles, CA 90071 |
| Phone | 800 421-4225 |