American High-Income Municipal Bond Fund® Class A (AMHIX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
14.72
0.00 (0.00%)
Jul 29, 2025, 4:00 PM EDT
Fund Assets12.87B
Expense Ratio0.64%
Min. Investment$250
Turnover42.00%
Dividend (ttm)0.61
Dividend Yield3.96%
Dividend Growth2.83%
Payout FrequencyMonthly
Ex-Dividend DateJun 30, 2025
Previous Close14.72
YTD Return-2.54%
1-Year Return-0.86%
5-Year Return6.58%
52-Week Low14.51
52-Week High15.69
Beta (5Y)0.30
Holdings3660
Inception DateSep 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.

Fund Family American Funds
Category High Yield Muni
Stock Exchange NASDAQ
Ticker Symbol AMHIX
Share Class Class A
Index Bloomberg Municipal Bond TR

Performance

AMHIX had a total return of -0.86% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.76%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

SymbolShare ClassExpense Ratio
HIMFXClass F-30.30%
AHMFXClass F-20.41%
ABHFXClass F-10.68%
AHICXClass C1.36%

Top 10 Holdings

5.65% of assets
NameSymbolWeight
Cash And Other Assets Less Liablitiesn/a1.28%
PUERTO RICO COMWLTH 0%PR.PRC 11.01.20510.92%
PUERTO RICO COMWLTH 0%PR.PRC 11.01.20430.83%
ARKANSAS ST DEV FIN AUTH INDL DEV REV 4.5%AR.ARSDEV 4.5 09.01.20490.52%
PUERTO RICO SALES TAX FING CORP SALES TAX REV 0%PR.PRCGEN 0 07.01.20460.42%
FLORIDA DEV FIN CORP SOLID WASTE DISP REV 3%FL.FLSDEV 3 06.01.20320.37%
UIPA CROSSROADS PUB INFRASTRUCTURE DIST UTAH TAX DIFFERENTIAL REV 4.375%UT.UIPDEV 4.38 06.01.20520.35%
HM MET DIST NO 2 COLO 0%CO.HMMFAC 0 12.01.20510.33%
CSCDA CMNTY IMPT AUTH CALIF ESSENTIAL HSG REV 4%CA.CDAHSG 4 07.01.20560.31%
GULF COAST INDL DEV AUTH TEX REV 3.95%TX.GULDEV 11.01.20410.30%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Jun 30, 2025$0.04684Jul 1, 2025
May 30, 2025$0.05079Jun 2, 2025
Apr 30, 2025$0.05299May 1, 2025
Mar 31, 2025$0.04913Apr 1, 2025
Feb 28, 2025$0.04571Mar 3, 2025
Jan 31, 2025$0.0494Feb 3, 2025
Full Dividend History