American High-Income Municipal Bond Fund Class C (AHICX)
| Fund Assets | 13.44B |
| Expense Ratio | 1.36% |
| Min. Investment | $250 |
| Turnover | 42.00% |
| Dividend (ttm) | 0.51 |
| Dividend Yield | 3.28% |
| Dividend Growth | 4.66% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 15.41 |
| YTD Return | 0.90% |
| 1-Year Return | 3.41% |
| 5-Year Return | 6.31% |
| 52-Week Low | 14.10 |
| 52-Week High | 15.42 |
| Beta (5Y) | n/a |
| Holdings | 3708 |
| Inception Date | Mar 15, 2001 |
About AHICX
American High-Income Municipal Bond Fund Class C is a mutual fund specializing in high-yield municipal bonds. Its primary objective is to provide a high level of current income that is exempt from regular federal income tax, appealing to investors seeking tax-advantaged income streams. The fund primarily invests at least 80% of its assets in securities issued by U.S. municipalities, with a significant focus on lower-rated, high-yield debt—specifically, at least 50% of its holdings are in bonds rated BBB+ or below or Baa1 or below by major credit rating agencies. This focus offers potential for higher income, while also introducing greater credit risk compared to higher-rated municipal bond funds. The fund’s portfolio consists predominantly of U.S. bonds, with revenue bonds making up a substantial majority, as well as a mix of general obligation bonds and occasional mortgage-backed obligations. With a typical effective duration in the 6.5-8 year range, the fund exhibits sensitivity to interest rate movements, a common trait for municipal bond strategies. It pays monthly dividends and maintains a multi-billion dollar asset base, reinforcing its position within the high-yield municipal bond segment. This fund offers an option for investors focused on maximizing tax-exempt income and diversifying fixed-income allocations across municipal issuers.
Performance
AHICX had a total return of 3.41% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.36%.
Top 10 Holdings
6.37% of assets| Name | Symbol | Weight |
|---|---|---|
| Cash And Other Assets Less Liablities | n/a | 2.19% |
| PUERTO RICO COMWLTH 0% | PR.PRC 11.01.2043 | 0.89% |
| PUERTO RICO COMWLTH 0% | PR.PRC 11.01.2051 | 0.86% |
| PHOENIX ARIZ INDL DEV AUTH HEALTH CARE FACS REV 1.85% | AZ.PHOMED 11.15.2052 | 0.43% |
| NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 2.5% | NY.NYCGEN 11.01.2054 | 0.35% |
| ARKANSAS ST DEV FIN AUTH INDL DEV REV 4.5% | AR.ARSDEV 4.5 09.01.2049 | 0.34% |
| FLORIDA DEV FIN CORP SOLID WASTE DISP REV 3% | FL.FLSDEV 3 06.01.2032 | 0.34% |
| UIPA CROSSROADS PUB INFRASTRUCTURE DIST UTAH TAX DIFFERENTIAL REV 4.375% | UT.UIPDEV 4.38 06.01.2052 | 0.34% |
| PUBLIC FIN AUTH WIS POOLED CHARTER SCH CTFS SER 2023-1 0.001% | WI.PUBEDU 07.01.2062 | 0.33% |
| NEW YORK N Y 2.5% | NY.NYC 03.01.2042 | 0.31% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.03837 | Feb 2, 2026 |
| Dec 31, 2025 | $0.05722 | Jan 2, 2026 |
| Nov 28, 2025 | $0.03895 | Dec 1, 2025 |
| Oct 31, 2025 | $0.0388 | Nov 3, 2025 |
| Sep 30, 2025 | $0.03829 | Oct 1, 2025 |
| Aug 29, 2025 | $0.04754 | Sep 2, 2025 |