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Trending ETFs

American High-Income Municipal Bond Fund®

mutual fund
AMHIX
Dividend policy
Suspended
Price as of:
$16.67 +0.01 +0%
primary theme
High Yield Municipal Bond
AMHIX (Mutual Fund)

American High-Income Municipal Bond Fund®

Dividend policy
Suspended
Price as of:
$16.67 +0.01 +0%
primary theme
High Yield Municipal Bond
AMHIX (Mutual Fund)
American High-Income Municipal Bond Fund®
Dividend policy
Suspended
Price as of:
$16.67 +0.01 +0%
primary theme
High Yield Municipal Bond
share class

AMHIX - Snapshot

Vitals

  • YTD Return 0.6%
  • 3 Yr Annualized Return 4.9%
  • 5 Yr Annualized Return 4.9%
  • Net Assets $8.17 B
  • Holdings in Top 10 4.8%

52 WEEK LOW AND HIGH

$16.66
$14.62
$16.92

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.68%

SALES FEES

  • Front Load 3.75%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 35.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $250
  • IRA N/A

Fund Classification

  • Primary Theme High Yield Municipal Bond
  • Fund Type Open End Mutual Fund
  • Investment Style High Yield Muni

Compare AMHIX to Popular High Yield Municipal Bond Funds

Overview

Next Dividend

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Dividend.com Ratings*

$17.77

+0.06%

$20.00 B

0.00%

$0.00

blocked
blocked
blocked

0.79%

-

$10.23

-0.10%

$10.20 B

-

$0.00

blocked
blocked
blocked

0.59%

-

$10.50

+0.10%

$9.56 B

-

$0.00

blocked
blocked
blocked

0.77%

-

$13.29

+0.08%

$9.36 B

0.00%

$0.00

blocked
blocked
blocked

0.76%

-

$16.67

+0.06%

$8.17 B

-

$0.00

blocked
blocked
blocked

0.60%

-

Compare AMHIX to Popular High Yield Municipal Bond ETFs

Overview

Next Dividend

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Dividend.com Ratings*

-

-

$3.10 B

-

$0.00

blocked
blocked
blocked

1.04%

-

-

-

$240.42 M

-

$0.00

blocked
blocked
blocked

1.21%

-

$54.13

-0.04%

$139.50 M

3.10%

$1.68

blocked
blocked
blocked

0.78%

-

AMHIX - Profile

Distributions

  • YTD Total Return 0.6%
  • 3 Yr Annualized Total Return 3.6%
  • 5 Yr Annualized Total Return 4.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 3.63%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    American High-Income Municipal Bond Fund®
  • Fund Family Name
    American Funds
  • Inception Date
    Sep 26, 1994
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Karl Zeile

AMHIX - Performance

Return Ranking - Trailing

Period AMHIX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.6% -0.8% 1.2% 44.44%
1 Yr 4.4% -7.3% 8.0% 38.25%
3 Yr 4.9%* 2.1% 9.9% 46.15%
5 Yr 4.9%* 2.5% 8.4% 38.00%
10 Yr 6.3%* 3.8% 9.4% 40.94%

* Annualized

Return Ranking - Calendar

Period AMHIX Return Category Return Low Category Return High Rank in Category (%)
2020 0.8% -10.1% 4.2% 35.24%
2019 5.1% -0.7% 11.7% 48.29%
2018 -2.1% -5.7% 95.6% 41.36%
2017 4.5% -0.7% 8.6% 33.53%
2016 -2.2% -6.7% -0.8% 20.99%

Total Return Ranking - Trailing

Period AMHIX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.6% -0.8% 1.2% 44.44%
1 Yr 0.5% -7.3% 8.0% 78.80%
3 Yr 3.6%* 1.8% 9.9% 78.85%
5 Yr 4.1%* 2.2% 8.4% 59.00%
10 Yr 5.9%* 3.8% 9.4% 57.05%

* Annualized

Total Return Ranking - Calendar

Period AMHIX Return Category Return Low Category Return High Rank in Category (%)
2020 0.8% -10.1% 4.2% 35.24%
2019 5.1% -0.7% 12.0% 48.29%
2018 -2.1% -5.7% 4.2% 45.03%
2017 4.5% -0.7% 9.8% 37.06%
2016 -2.2% -6.1% 1.1% 25.93%

NAV & Total Return History


AMHIX - Holdings

Concentration Analysis

AMHIX Category Low Category High AMHIX % Rank
Net Assets 8.17 B 501 K 20 B 10.65%
Number of Holdings 2460 5 3457 3.23%
Net Assets in Top 10 403 M -38.2 M 2.5 B 24.88%
Weighting of Top 10 4.77% 4.8% 99.9% 98.60%

Top 10 Holdings

  1. BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5% 0.65%
  2. PUERTO RICO COMWLTH AQUEDUCT & SWR AUTH REV 5.25% 0.58%
  3. BROOKLYN ARENA LOC DEV CORP N Y PILOT REV 5% 0.58%
  4. BUCKEYE OHIO TOB SETTLEMENT FING AUTH 0% 0.58%
  5. NEW HAMPSHIRE HEALTH & ED FACS AUTH REV 0.11% 0.45%
  6. CHICAGO ILL BRD ED 7% 0.42%
  7. CHICAGO ILL BRD ED 7% 0.39%
  8. PUERTO RICO SALES TAX FING CORP SALES TAX REV 5% 0.39%
  9. BROWARD CNTY FLA ARPT SYS REV 4% 0.38%
  10. MICHIGAN ST STRATEGIC FD LTD OBLIG REV 0.13% 0.38%

Asset Allocation

Weighting Return Low Return High AMHIX % Rank
Bonds
99.12% 59.70% 143.82% 47.47%
Cash
0.81% -0.95% 38.20% 48.85%
Stocks
0.07% 0.00% 2.80% 11.06%
Preferred Stocks
0.00% -43.98% 0.00% 43.32%
Other
0.00% 0.00% 1.72% 50.69%
Convertible Bonds
0.00% 0.00% 0.00% 44.70%

Stock Sector Breakdown

Weighting Return Low Return High AMHIX % Rank
Utilities
0.00% 0.00% 0.00% N/A
Technology
0.00% 0.00% 0.00% N/A
Real Estate
0.00% 0.00% 0.00% N/A
Industrials
0.00% 0.00% 100.00% N/A
Healthcare
0.00% 0.00% 0.00% N/A
Financial Services
0.00% 0.00% 0.00% N/A
Energy
0.00% 0.00% 0.00% N/A
Communication Services
0.00% 0.00% 0.00% N/A
Consumer Defense
0.00% 0.00% 0.00% N/A
Consumer Cyclical
0.00% 0.00% 76.79% N/A
Basic Materials
0.00% 0.00% 100.00% N/A

Stock Geographic Breakdown

Weighting Return Low Return High AMHIX % Rank
US
0.07% 0.00% 2.80% 11.06%
Non US
0.00% 0.00% 0.00% 44.70%

Bond Sector Breakdown

Weighting Return Low Return High AMHIX % Rank
Municipal
99.19% 60.98% 100.00% 43.32%
Cash & Equivalents
0.81% 0.00% 39.02% 50.23%
Derivative
0.00% 0.00% 0.23% 46.54%
Securitized
0.00% 0.00% 17.71% 44.70%
Corporate
0.00% 0.00% 12.53% 61.75%
Government
0.00% 0.00% 0.83% 49.31%

Bond Geographic Breakdown

Weighting Return Low Return High AMHIX % Rank
US
93.89% 59.70% 136.78% 43.32%
Non US
5.23% 0.00% 12.73% 48.39%

AMHIX - Expenses

Operational Fees

AMHIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.68% 0.18% 7.04% 73.15%
Management Fee 0.27% 0.00% 1.60% 1.84%
12b-1 Fee 0.30% 0.00% 1.00% 61.34%
Administrative Fee 0.01% 0.01% 0.35% 1.59%

Sales Fees

AMHIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 3.75% 1.00% 4.75% 63.64%
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

AMHIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% 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 35.00% 5.10% 314.00% 49.07%

AMHIX - Distributions

Dividend Yield Analysis

AMHIX Category Low Category High AMHIX % Rank
Dividend Yield 0.00% 0.00% 2.36% 46.54%

Dividend Distribution Analysis

AMHIX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

AMHIX Category Low Category High AMHIX % Rank
Net Income Ratio 3.63% -0.98% 6.28% 49.54%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

AMHIX - Fund Manager Analysis

Managers

Karl Zeile


Start Date

Tenure

Tenure Rank

Nov 01, 2004

16.18

16.2%

Zeile has been employed by Capital and its affiliates since 1999.

Chad Rach


Start Date

Tenure

Tenure Rank

Oct 01, 2011

9.26

9.3%

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

3.25

3.3%

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.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.16 22.77 7.14 1.11