American High-Income Municipal Bond Fund® Class A (AMHIX)
| Fund Assets | 12.87B |
| Expense Ratio | 0.64% |
| Min. Investment | $250 |
| Turnover | 42.00% |
| Dividend (ttm) | 0.61 |
| Dividend Yield | 3.96% |
| Dividend Growth | 2.83% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2025 |
| Previous Close | 14.72 |
| YTD Return | -2.54% |
| 1-Year Return | -0.86% |
| 5-Year Return | 6.58% |
| 52-Week Low | 14.51 |
| 52-Week High | 15.69 |
| Beta (5Y) | 0.30 |
| Holdings | 3660 |
| 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 -0.86% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.76%.
Top 10 Holdings
5.65% of assets| Name | Symbol | Weight |
|---|---|---|
| Cash And Other Assets Less Liablities | n/a | 1.28% |
| PUERTO RICO COMWLTH 0% | PR.PRC 11.01.2051 | 0.92% |
| PUERTO RICO COMWLTH 0% | PR.PRC 11.01.2043 | 0.83% |
| ARKANSAS ST DEV FIN AUTH INDL DEV REV 4.5% | AR.ARSDEV 4.5 09.01.2049 | 0.52% |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV 0% | PR.PRCGEN 0 07.01.2046 | 0.42% |
| FLORIDA DEV FIN CORP SOLID WASTE DISP REV 3% | FL.FLSDEV 3 06.01.2032 | 0.37% |
| UIPA CROSSROADS PUB INFRASTRUCTURE DIST UTAH TAX DIFFERENTIAL REV 4.375% | UT.UIPDEV 4.38 06.01.2052 | 0.35% |
| HM MET DIST NO 2 COLO 0% | CO.HMMFAC 0 12.01.2051 | 0.33% |
| CSCDA CMNTY IMPT AUTH CALIF ESSENTIAL HSG REV 4% | CA.CDAHSG 4 07.01.2056 | 0.31% |
| GULF COAST INDL DEV AUTH TEX REV 3.95% | TX.GULDEV 11.01.2041 | 0.30% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2025 | $0.04684 | Jul 1, 2025 |
| May 30, 2025 | $0.05079 | Jun 2, 2025 |
| Apr 30, 2025 | $0.05299 | May 1, 2025 |
| Mar 31, 2025 | $0.04913 | Apr 1, 2025 |
| Feb 28, 2025 | $0.04571 | Mar 3, 2025 |
| Jan 31, 2025 | $0.0494 | Feb 3, 2025 |