American High-Income Municipal Bond Fund Class C (AHICX)
| Fund Assets | 13.26B |
| Expense Ratio | 1.36% |
| Min. Investment | $250 |
| Turnover | 42.00% |
| Dividend (ttm) | 0.50 |
| Dividend Yield | 3.29% |
| Dividend Growth | 5.81% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Nov 28, 2025 |
| Previous Close | 15.31 |
| YTD Return | 3.17% |
| 1-Year Return | 3.81% |
| 5-Year Return | 7.21% |
| 52-Week Low | 14.19 |
| 52-Week High | 15.36 |
| Beta (5Y) | n/a |
| Holdings | 3649 |
| 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 3.81% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.31%.
Top 10 Holdings
4.45% of assets| Name | Symbol | Weight |
|---|---|---|
| PUERTO RICO COMMONWEALTH OF (GOVERNMENT) - COMMONWEALTH OF PUERTO RICO 0.0% 11-01-51 | PR.PRC 11.01.2051 | 0.95% |
| PUERTO RICO COMMONWEALTH OF (GOVERNMENT) - COMMONWEALTH OF PUERTO RICO FRN 11-01-43 | PR.PRC 11.01.2043 | 0.84% |
| ARKANSAS DEVELOPMENT FINANCE AUTHORITY - BIG RIVER STEEL LLC 4.5% 09-01-49 | AR.ARSDEV 4.5 09.01.2049 | 0.36% |
| UIPA CROSSROADS PUBLIC INFRASTRUCTURE DISTRICT AJL PROJECT AREA 4.375% 06-01-52 | UT.UIPDEV 4.38 06.01.2052 | 0.35% |
| FLORIDA DEVELOPMENT FINANCE CORP - WASTE PRO USA INC 3.0% 06-01-32 | FL.FLSDEV 3 06.01.2032 | 0.35% |
| PUBLIC FINANCE AUTHORITY WISCONSIN - PUBLIC FINANCE AUTHORITY FRN 07-01-62 | WI.PUBEDU 07.01.2062 | 0.34% |
| CHICAGO IL BRD ED - CHICAGO BOARD OF EDUCATION 7.0% 12-01-46 | IL.CHIEDU 7 12.01.2046 | 0.33% |
| HM MET DIST NO 2 CO - HM METROPOLITAN DISTRICT NO 2 0.0% 12-01-51 | CO.HMMFAC 0 12.01.2051 | 0.32% |
| CSCDA CMNTY IMPT AUTH CALIF - CSCDA COMMUNITY IMPROVEMENT AUTHORITY UNION SOUTH BAY 4.0% 07-01-56 | CA.CDAHSG 4 07.01.2056 | 0.31% |
| PUERTO RICO COMMONWEALTH AQUEDUCT & SEWER AUTHORITY 5.0% 07-01-35 | PR.PRCUTL 5 07.01.2035 | 0.30% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| 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 |
| Jul 31, 2025 | $0.04431 | Aug 1, 2025 |
| Jun 30, 2025 | $0.0383 | Jul 1, 2025 |