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Trending ETFs

American High-Income Municipal Bond Fund®

mutual fund
AMHIX
Dividend policy
Suspended
Price as of:
$16.77 +0.01 +0%
primary theme
High Yield Municipal Bond
AMHIX (Mutual Fund)

American High-Income Municipal Bond Fund®

Dividend policy
Suspended
Price as of:
$16.77 +0.01 +0%
primary theme
High Yield Municipal Bond
AMHIX (Mutual Fund)
American High-Income Municipal Bond Fund®
Dividend policy
Suspended
Price as of:
$16.77 +0.01 +0%
primary theme
High Yield Municipal Bond

AMHIX - Snapshot

Vitals

  • YTD Return 1.2%
  • 3 Yr Annualized Return 5.7%
  • 5 Yr Annualized Return 4.8%
  • Net Assets $8.78 B
  • Holdings in Top 10 4.1%

52 WEEK LOW AND HIGH

$16.76
$14.98
$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*

$17.98

+0.06%

$20.79 B

0.00%

$0.00

blocked
blocked
blocked

1.99%

0.99%

$13.39

0.00%

$10.61 B

0.00%

$0.00

blocked
blocked
blocked

1.52%

0.87%

$10.31

+0.10%

$10.57 B

-

$0.00

blocked
blocked
blocked

1.38%

1.13%

$10.56

0.00%

$10.34 B

-

$0.00

blocked
blocked
blocked

1.34%

0.57%

$16.77

+0.06%

$8.78 B

-

$0.00

blocked
blocked
blocked

1.21%

0.68%

Compare AMHIX to Popular High Yield Municipal Bond ETFs

Overview

Next Dividend

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Dividend.com Ratings*

-

-

$3.32 B

-

$0.00

blocked
blocked
blocked

0.99%

0.35%

-

-

$282.39 M

-

$0.00

blocked
blocked
blocked

1.01%

0.35%

$54.87

+0.04%

$182.45 M

3.06%

$1.68

blocked
blocked
blocked

2.27%

0.70%

AMHIX - Profile

Distributions

  • YTD Total Return 1.2%
  • 3 Yr Annualized Total Return 4.3%
  • 5 Yr Annualized Total Return 4.0%
  • 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 1.2% -2.7% 2.8% 42.33%
1 Yr 11.1% 0.4% 17.7% 52.53%
3 Yr 5.7%* 1.8% 9.4% 36.49%
5 Yr 4.8%* 1.9% 8.1% 35.15%
10 Yr 6.5%* 3.8% 9.9% 42.28%

* Annualized

Return Ranking - Calendar

Period AMHIX Return Category Return Low Category Return High Rank in Category (%)
2020 0.8% -10.1% 4.2% 35.41%
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 1.2% -2.7% 2.8% 42.33%
1 Yr 6.9% 0.4% 17.7% 84.33%
3 Yr 4.3%* 1.8% 9.4% 70.14%
5 Yr 4.0%* 1.9% 8.1% 60.40%
10 Yr 6.0%* 3.8% 9.9% 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% 35.41%
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 8.78 B 10.2 K 20.8 B 10.55%
Number of Holdings 2525 6 3547 3.21%
Net Assets in Top 10 372 M -36.7 M 2.81 B 26.61%
Weighting of Top 10 4.11% 1.1% 99.8% 98.17%

Top 10 Holdings

  1. BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5% 0.65%
  2. BROOKLYN ARENA LOC DEV CORP N Y PILOT REV 5% 0.56%
  3. PUERTO RICO COMWLTH AQUEDUCT & SWR AUTH REV 5.25% 0.55%
  4. BUCKEYE OHIO TOB SETTLEMENT FING AUTH 0% 0.47%
  5. NEW HAMPSHIRE HEALTH & ED FACS AUTH REV 0.11% 0.45%
  6. CHICAGO ILL BRD ED 7% 0.40%
  7. PUERTO RICO SALES TAX FING CORP SALES TAX REV 5% 0.39%
  8. MICHIGAN ST STRATEGIC FD LTD OBLIG REV 0.13% 0.38%
  9. CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK REV 1.75% 0.37%
  10. CHICAGO ILL BRD ED 7% 0.37%

Asset Allocation

Weighting Return Low Return High AMHIX % Rank
Bonds
98.05% 0.47% 143.28% 55.50%
Cash
1.87% -6.77% 99.53% 41.74%
Stocks
0.07% 0.00% 3.26% 11.93%
Preferred Stocks
0.00% -43.44% 0.38% 33.03%
Other
0.00% 0.00% 2.43% 41.74%
Convertible Bonds
0.00% -0.98% 0.00% 30.28%

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% 73.96% 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% 3.26% 11.93%
Non US
0.00% 0.00% 0.00% 33.03%

Bond Sector Breakdown

Weighting Return Low Return High AMHIX % Rank
Municipal
98.13% 0.47% 100.00% 55.96%
Cash & Equivalents
1.87% 0.00% 99.53% 42.66%
Derivative
0.00% 0.00% 0.01% 34.86%
Securitized
0.00% 0.00% 17.71% 33.03%
Corporate
0.00% 0.00% 12.24% 57.80%
Government
0.00% 0.00% 0.83% 39.45%

Bond Geographic Breakdown

Weighting Return Low Return High AMHIX % Rank
US
92.15% 0.47% 136.57% 54.13%
Non US
5.90% 0.00% 15.20% 48.17%

AMHIX - Expenses

Operational Fees

AMHIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.68% 0.18% 42.32% 72.69%
Management Fee 0.27% 0.00% 1.60% 2.28%
12b-1 Fee 0.30% 0.00% 1.00% 61.16%
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% 59.09%
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% 45.12%

AMHIX - Distributions

Dividend Yield Analysis

AMHIX Category Low Category High AMHIX % Rank
Dividend Yield 0.00% 0.00% 1.53% 35.16%

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% 6.78% 46.76%

Capital Gain Distribution Analysis

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

Dividend Payout History

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AMHIX - Fund Manager Analysis

Managers

Karl Zeile


Start Date

Tenure

Tenure Rank

Nov 01, 2004

16.42

16.4%

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

Chad Rach


Start Date

Tenure

Tenure Rank

Oct 01, 2011

9.5

9.5%

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

3.5

3.5%

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
0.04 23.02 7.27 1.36