American High-Income Municipal Bond Fund� Class C

 (MUTF:AHICX)   Watch this mutual fund  
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Performance

Trailing returns

1 day
   
-0.12%  
1 week   +0.25%
   
4 week   +0.32%
   
3 month   +2.23%
   
YTD   +4.88%
   
1 year   +0.25%
   
3 years*   +4.31%
   
5 years*   +4.18%
   
*annualized
Best 3 month return+11.34%  
Worst 3 month return-14.13%  

Morningstar statistics

Morningstar category: High Yield Muni
  Return Risk Rating
3 years Below Average Below Average
5 years Below Average Below Average
10 years Below Average Below Average
Overall Below Average Below Average

Key statistics

Total assets5.04B 
Front load-  
Deferred load1.00%  
Expense ratio1.43%  
Management fee-  
Fund familyAmerican Funds 

Asset allocation

Cash1.07%  
Stocks0.00%  
Bonds98.93%  
Other0.00%  

Purchase information

Initial$250  
Additional$50  
AIP Initial$50  
AIP Additional$50  
15.75-0.02(-0.13%)
Jul 24, 8:00PM EDT Overall Morningstar RatingTM

Description

The investment seeks a high level of current income exempt from regular federal income tax. Under normal circumstances, the fund will invest at least 80% of its assets in, or derive at least 80% of its income from, securities that are exempt from regular federal income tax and may subject the investors to alternative minimum tax. It may invest, without limitation, in securities that may subject the investors to federal alternative minimum tax. The fund invests at least 50% of its portfolio in debt securities rated BBB+ or below or Baa1 or below.
Fund filings (PDF) »
Asset managers:
Chad Rach (Started: Oct 1, 2011)
Karl Zeile (Started: Nov 1, 2004)
Neil Langberg (Started: Sep 26, 1994)
Advisor Company:
Capital Research and Management Company
Fund family reports on Morningstar »
American Funds, 333 South Hope Street, Los Angeles, California 90071-1406, USA

Risk

  1 year 3 years 5 years 10 years  
Alpha* 0.02 0.65 0.59 -1.28
Beta* 1.08 1.05 1.19 1.16
Mean annual return -0.04 0.35 0.37 0.33
R-squared* 96.98 94.55 92.66 66.15
Standard deviation 5.24 3.56 4.47 6.45
Sharpe ratio -0.20 1.09 0.95 0.54
* Against standard index

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