American High-Income Municipal Bond Fund® Class C (AHICX)
| Fund Assets | 12.87B |
| Expense Ratio | 1.36% |
| Min. Investment | $250 |
| Turnover | 42.00% |
| Dividend (ttm) | 0.49 |
| Dividend Yield | 3.32% |
| Dividend Growth | 2.95% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2025 |
| Previous Close | 14.72 |
| YTD Return | -2.75% |
| 1-Year Return | -1.45% |
| 5-Year Return | 3.41% |
| 52-Week Low | 14.51 |
| 52-Week High | 15.69 |
| Beta (5Y) | n/a |
| Holdings | 3594 |
| 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 -1.45% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.43%.
Top 10 Holdings
4.79% of assets| Name | Symbol | Weight |
|---|---|---|
| PUERTO RICO COMMONWEALTH OF (GOVERNMENT) - COMMONWEALTH OF PUERTO RICO 0.0% 11-01-51 | PR.PRC 11.01.2051 | 0.94% |
| PUERTO RICO COMMONWEALTH OF (GOVERNMENT) - COMMONWEALTH OF PUERTO RICO FRN 11-01-43 | PR.PRC 11.01.2043 | 0.93% |
| PUERTO RICO SALES TAX FINANCING CORP SALES TAX REVENUE 0.0% 07-01-46 | PR.PRCGEN 0 07.01.2046 | 0.63% |
| FLORIDA DEVELOPMENT FINANCE CORP - WASTE PRO USA INC 3.0% 06-01-32 | FL.FLSDEV 3 06.01.2032 | 0.38% |
| UIPA CROSSROADS PUBLIC INFRASTRUCTURE DISTRICT AJL PROJECT AREA 4.375% 06-01-52 | UT.UIPDEV 4.38 06.01.2052 | 0.35% |
| HM MET DIST NO 2 CO - HM METROPOLITAN DISTRICT NO 2 0.0% 12-01-51 | CO.HMMFAC 0 12.01.2051 | 0.34% |
| CSCDA CMNTY IMPT AUTH CALIF - CSCDA COMMUNITY IMPROVEMENT AUTHORITY UNION SOUTH BAY 4.0% 07-01-56 | CA.CDAHSG 4 07.01.2056 | 0.32% |
| IOWA TOBACCO SETTLEMENT AUTHORITY 0.0% 06-01-65 | IA.TOBGEN 0 06.01.2065 | 0.31% |
| PUBLIC FINANCE AUTHORITY WISCONSIN - PUBLIC FINANCE AUTHORITY FRN 07-01-62 | WI.PUBEDU 07.01.2062 | 0.29% |
| BROOKLYN ARENA LOCAL DEVELOPMENT CORP - BROOKLYN EVENTS CENTER LLC 5.0% 07-15-42 | NY.BRKDEV 5 07.15.2042 | 0.29% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2025 | $0.0383 | Jul 1, 2025 |
| May 30, 2025 | $0.04193 | Jun 2, 2025 |
| Apr 30, 2025 | $0.0444 | May 1, 2025 |
| Mar 31, 2025 | $0.04003 | Apr 1, 2025 |
| Feb 28, 2025 | $0.03745 | Mar 3, 2025 |
| Jan 31, 2025 | $0.04032 | Feb 3, 2025 |