American High-Income Municipal Bond A (AMHIX)
| Fund Assets | 12.73B |
| Expense Ratio | 0.64% |
| Min. Investment | $250 |
| Turnover | 42.00% |
| Dividend (ttm) | 0.62 |
| Dividend Yield | 3.92% |
| Dividend Growth | 5.48% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 30, 2025 |
| Previous Close | 15.24 |
| YTD Return | 0.84% |
| 1-Year Return | -0.25% |
| 5-Year Return | 9.55% |
| 52-Week Low | 14.51 |
| 52-Week High | 15.63 |
| Beta (5Y) | 0.32 |
| Holdings | 3638 |
| Inception Date | Sep 26, 1994 |
About AMHIX
American High-Income Municipal Bond Fund, Class A is a mutual fund specializing in high-yield municipal bonds, with the primary goal of delivering a high level of current income that is exempt from regular federal income tax. The fund predominantly invests in municipal debt securities, dedicating at least 80% of its assets to these tax-exempt instruments under normal market conditions. Its portfolio is heavily tilted toward revenue bonds, which account for the vast majority of holdings, supplemented by smaller allocations to general obligation bonds and limited exposure to mortgage-backed obligations. This structure positions the fund within the "high yield muni" category, targeting investors seeking tax-advantaged income while emphasizing capital preservation. Managing assets totaling around $9.7 billion, the fund supports monthly dividend distributions and maintains a relatively modest expense ratio of 0.66%. Since its inception in 1994, it has played a notable role in providing diversified municipal bond exposure, aiding both individual and institutional participants in accessing the U.S. municipal debt market. The fund’s approach supports infrastructure, development, and public sector financing needs through its substantial exposure to municipal issuers, reinforcing its significance within the broader municipal fund landscape.
Performance
AMHIX had a total return of -0.25% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.85%.
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 | $0.04698 | Oct 1, 2025 |
| Aug 29, 2025 | $0.05635 | Sep 2, 2025 |
| Jul 31, 2025 | $0.05314 | Aug 1, 2025 |
| Jun 30, 2025 | $0.04684 | Jul 1, 2025 |
| May 30, 2025 | $0.05079 | Jun 2, 2025 |
| Apr 30, 2025 | $0.05299 | May 1, 2025 |