American Funds American High Income Trust Fund Class A (AHITX)

11.47
Net Asset Value
+0.09%
1 Day
+0.97%
Year-to-Date
Overall Morningstar Rating
High yield bond
Style or Category
3.75
Sales Expenses
0.66%
Expense Ratio
Average
Morningstar Risk Rating™
Investment Objective The investment seeks to provide a high level of current income; the secondary investment objective is capital appreciation. The fund invests primarily in higher yielding and generally lower quality debt securities (rated Ba1 or below or BB+ or below by a nationally recognized statistical rating organization or unrated but determined by the fund's investment adviser to be of equivalent quality), including corporate loan obligations. It may also invest a portion of its assets in securities of issuers domiciled outside the United States.

Performance

1 month+0.73% 3 years+6.89%
3 months+1.72% 5 years+15.16%
1 year+5.94% Since inception+8.58%
Data through --

Peer Comparisonvs. High yield bond

 AHITXCategory
Performance 5-yr return+15.16%+15.90%
Expense ratio0.66%1.13%
Risk 5 year sharpe ratio1.881.89
Net assets$20.8B$1.7B
Average market cap$7.9B$14.0B
Average P/E14.915.4
Portfolio turnover61%61%

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Fund Management and Purchase Info

Fund familyAmerican Funds
Fund manager & tenureDavid Barclay / 24 Years
Minimal initial investment$250.00
Minimum IRA investment$250.00

Holdings

Fixed income92.92%
Cash2.81%
Other2.32%
U.S. stock1.96%
International stock0.00%
Top 5 Sectors
Portfolio weighting
Industrial materials 33.23%
Consumer goods 18.86%
Financial service 17.14%
Telecommunication 17.03%
Business service 8.51%
Top 10 Holdings
Portfolio weighting
-- First Data 144A 11.75%1.23%
-- First Data 12.625%0.99%
-- Kinetic Concepts 10.5%0.93%
-- Inventiv Health 144A 9%0.90%
-- Sprint Nextel 7%0.89%
-- Intelsat Jackson Hldgs 144A 6.625%0.88%
-- Inmet Mng 144A 8.75%0.85%
-- Associated Matls 9.125%0.79%
-- Leap Wireless Tl-C (L+350) (Flr 1.25) 4.75% 03-08-200.78%
-- Reynolds Grp Issuer 5.75%0.77%

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