American High-Income Municipal Bond Fund Class C (AHICX)
| Fund Assets | 13.91B |
| Expense Ratio | 1.36% |
| Min. Investment | $250 |
| Turnover | 42.00% |
| Dividend (ttm) | 0.51 |
| Dividend Yield | 3.28% |
| Dividend Growth | 4.48% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Feb 27, 2026 |
| Previous Close | 15.42 |
| YTD Return | 1.15% |
| 1-Year Return | 3.61% |
| 5-Year Return | 7.84% |
| 52-Week Low | 14.51 |
| 52-Week High | 15.57 |
| 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 3.61% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.65%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 27, 2026 | $0.03751 | Mar 2, 2026 |
| 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 |