American High-Income Municipal Bond F-2 (AHMFX)
| Fund Assets | 12.73B |
| Expense Ratio | 0.41% |
| Min. Investment | $250 |
| Turnover | 42.00% |
| Dividend (ttm) | 0.66 |
| Dividend Yield | 4.32% |
| Dividend Growth | 5.36% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 30, 2025 |
| Previous Close | 15.24 |
| YTD Return | 0.91% |
| 1-Year Return | -0.11% |
| 5-Year Return | 10.24% |
| 52-Week Low | 14.51 |
| 52-Week High | 15.63 |
| Beta (5Y) | n/a |
| Holdings | 3638 |
| Inception Date | Aug 12, 2008 |
About AHMFX
American High-Income Municipal Bond Fund Class F-2 is an actively managed mutual fund focused on generating a high level of current income that is exempt from regular federal income tax. The fund primarily invests in municipal bonds, with at least 80% of its assets committed to securities that provide federal tax-exempt interest. It is categorized as a high-yield municipal bond fund, meaning a significant portion of its holdings are in lower-rated bonds—specifically, those rated BBB+ or below by major credit agencies, or unrated bonds assessed as comparable by the fund's managers. The fund is well-diversified, holding thousands of bond positions and emphasizing revenue bonds over general obligation bonds. Investors receive monthly dividend distributions, aligning with the fund's income-oriented objective. With a long-term track record since 2008 and an expense ratio competitive within its category, American High-Income Municipal Bond Fund Class F-2 appeals to investors seeking federally tax-exempt income while accepting the credit and interest rate risks typical of high-yield municipal portfolios. Its substantial asset base and disciplined management further underscore its role as a significant player in the tax-exempt bond market.
Performance
AHMFX had a total return of -0.11% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.81%.
Top 10 Holdings
4.69% of assets| Name | Symbol | Weight |
|---|---|---|
| PUERTO RICO COMMONWEALTH OF (GOVERNMENT) - COMMONWEALTH OF PUERTO RICO 0.0% 11-01-51 | PR.PRC 11.01.2051 | 0.96% |
| PUERTO RICO COMMONWEALTH OF (GOVERNMENT) - COMMONWEALTH OF PUERTO RICO FRN 11-01-43 | PR.PRC 11.01.2043 | 0.87% |
| ARKANSAS DEVELOPMENT FINANCE AUTHORITY - BIG RIVER STEEL LLC 4.5% 09-01-49 | n/a | 0.46% |
| PUERTO RICO SALES TAX FINANCING CORP SALES TAX REVENUE 0.0% 07-01-46 | PR.PRCGEN 0 07.01.2046 | 0.40% |
| FLORIDA DEVELOPMENT FINANCE CORP - WASTE PRO USA INC 3.0% 06-01-32 | FL.FLSDEV 3 06.01.2032 | 0.39% |
| UIPA CROSSROADS PUBLIC INFRASTRUCTURE DISTRICT AJL PROJECT AREA 4.375% 06-01-52 | UT.UIPDEV 4.38 06.01.2052 | 0.36% |
| HM MET DIST NO 2 CO - HM METROPOLITAN DISTRICT NO 2 0.0% 12-01-51 | n/a | 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% |
| ARKANSAS DEVELOPMENT FINANCE AUTHORITY - BIG RIVER STEEL LLC 4.75% 09-01-49 | n/a | 0.30% |
| PUBLIC FINANCE AUTHORITY WISCONSIN - PUBLIC FINANCE AUTHORITY FRN 07-01-62 | WI.PUBEDU 07.01.2062 | 0.29% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 30, 2025 | $0.04989 | Oct 1, 2025 |
| Aug 29, 2025 | $0.0592 | Sep 2, 2025 |
| Jul 31, 2025 | $0.05583 | Aug 1, 2025 |
| Jun 30, 2025 | $0.04971 | Jul 1, 2025 |
| May 30, 2025 | $0.05376 | Jun 2, 2025 |
| Apr 30, 2025 | $0.05595 | May 1, 2025 |