Fund Mojo help you discover the best fund managers, funds, and related information

Fund Intelligence | Best Managers | AHITX Insights | AHITX Score | AHITX Performance | AHITX News | AHITX Allocation | AHITX Holdings Change

American Funds American Hi-Inc Tr A (AHITX) Fund Ranking and Research

Ranking, Research and Recommendation of American Funds American Hi-Inc Tr A (AHITX) Fund

    Last Trade: $10.47 on 5/26/2017, Change: +0.00 (0%)

 

Graph of American Funds American Hi-Inc Tr A Fund (AHITX) ManagerFund Manager - David C. Barclay

Fund Manager Information

Fund Manager Tenure: 27.5 years
Similar Funds: AHIFX 
Fund Family: American Funds
Fund Category: High Yield Bond
Fund Performance: May 30, 2016
Fundmojo Fund Grade: D (Score: 0.47)     (What does this score mean?)
Honorable Mentioning: Money Magazine (2011),
David C. Barclay is a portfolio manager investing in emerging markets and U.S. high-yield securities. He is a senior vice president of Capital Research and management Company. Prior to joining our organisation in 1988, he was at E.F. Hutton & Company, Inc. and The Bank of New York. Mr. Barclay holds an MBA from Harvard University Graduate School of Business Administration and a BA in economics from Brown University.  Get more insights on David C. Barclay

 

Graph of American Funds American Hi-Inc Tr A Fund (AHITX) ProfileAmerican Funds American Hi-Inc Tr A Fund (AHITX) Profile

Fund Profile and Description

American Funds American Hi-Inc Tr A Fund seeks to provide you with a high level of current income. Its secondary investment objective is capital appreciation. American Funds American Hi-Inc Tr A Fund invests primarily in higher yielding and generally lower quality debt securities (rated Ba1 or below or BB+ or below by a nationally recognized statistical rating organization or unrated but determined by the fund's investment adviser to be of equivalent quality), including corporate loan obligations. It may also invest a portion of its assets in securities of issuers domiciled outside the United States.

 

American Funds American Hi-Inc Tr A (AHITX) Fund Strength What we like about American Funds American Hi-Inc Tr A (AHITX) Fund

Data for American Funds American Hi-Inc Tr A Fund (AHITX) as of May 30, 2016

  • American Funds American Hi-Inc Tr A Fund (AHITX) management has been with American Funds American Hi-Inc Tr A Fund for 27.5 years
  • American Funds American Hi-Inc Tr A Fund (AHITX) ratio of up-years vs down years is greater than 2
  • Asset base in American Funds American Hi-Inc Tr A Fund (AHITX) has been consistently increasing at a reasonable pace in the last 2 months. It shows investor confidence and market support
  • American Funds American Hi-Inc Tr A Fund (AHITX) has an annual stock turnover rate of 49.00% vs High Yield Bond average of 63.72%. It is good that American Funds American Hi-Inc Tr A management does not trade extensively for its return.
  • American Funds American Hi-Inc Tr A Fund (AHITX) has a lower expense ratio than its High Yield Bond average: 0.67% vs 1.07%

American Funds American Hi-Inc Tr A Fund (AHITX) Weakness What we are cautious about American Funds American Hi-Inc Tr A (AHITX) Fund

Data for American Funds American Hi-Inc Tr A Fund (AHITX) as of May 30, 2016

  • American Funds American Hi-Inc Tr A Fund (AHITX) has a less-than-ideal short-term performance (1-year return -4.00% vs -2.18% High Yield Bond category median performance)
  • American Funds American Hi-Inc Tr A Fund (AHITX) has a less-than-ideal mid-term performance (3-year return 0.90% vs 2.05% High Yield Bond category median performance)
  • American Funds American Hi-Inc Tr A Fund (AHITX) has a less-than-ideal Long-term performance (5-year return 3.34% vs 4.38% High Yield Bond category median performance)
  • American Funds American Hi-Inc Tr A Fund (AHITX) has a Morningstar rating of 3 and below
  • American Funds American Hi-Inc Tr A Fund (AHITX) is less safe compared to its High Yield Bond peers
  • American Funds American Hi-Inc Tr A Fund (AHITX) does not have a good risk adjusted return as its 3-year Alpha of -0.83 is worse than category average of 0.26, and its 3-year Sharpe ratio is 0.16
  • American Funds American Hi-Inc Tr A Fund (AHITX) is more volatile than its peers as it has a 3-year Standard Deviation of 6.42 that is higher than category average of 5.76
  • American Funds American Hi-Inc Tr A Fund (AHITX) carries a 3.75% load
See American Funds American Hi-Inc Tr A Fund (AHITX) performance details as of May 30, 2016

 

What do you think?

 

Compare American Funds American Hi-Inc Tr A Fund (AHITX)Compare with other top High Yield Bond category mutual funds

Aadditional top High Yield Bond mutual funds for your consideration

FundYear to Date1 Year3 year5 year
American Funds American Hi-Inc Tr A7.54-4.000.903.34
Eaton Vance High Income Opportunities I (EIHIX)6.240.694.366.18Compare
BlackRock High Yield Bond BlackRock (BRHYX)5.75-2.183.175.58Compare
Buffalo High-Yield (BUFHX)2.740.753.465.03Compare

See top fund managers for High Yield Bond Category Funds

 

Compare American Funds American Hi-Inc Tr A Fund (AHITX)Compare with High Yield Bond category ETFs

Some High Yield Bond ETFs for your consideration

ETFYear to DateOne YearThree Year
PIMCO 0-5 Year High Yield Corp Bd ETF (HYS)000
SPDR Barclays High Yield Bond ETF (JNK)6.14%-4.91%1.23%
iShares iBoxx $ High Yield Corporate Bd (HYG)5.79%-2.67%2.13%

 

Graph of American Funds American Hi-Inc Tr A Fund (AHITX) Net Asset TrackingAmerican Funds American Hi-Inc Tr A (AHITX) Fund Net Asset

Track net asset change of American Funds American Hi-Inc Tr A fund (AHITX)

DateNet Asset
05/2016$16.50B
03/2016$15.90B
02/2016$15.14B
More historic net asset information on American Funds American Hi-Inc Tr A Fund (AHITX)

  

Graph of American Funds American Hi-Inc Tr A Fund (AHITX) Portfolio TrackingAmerican Funds American Hi-Inc Tr A (AHITX) Fund Portfolio Allocation

Track portfolio allocation change of American Funds American Hi-Inc Tr A fund (AHITX)

DateCashStockBondOther
03/201610.15%1.25%86.08%0.87%
12/20155.74%1.84%88.88%2.14%
09/20153.91%1.91%84.15%8.41%
Click here to see more historic asset allocation information on American Funds American Hi-Inc Tr A Fund (AHITX)

 

graph of American Funds American Hi-Inc Tr A Fund (AHITX) Top 10 Position TrackingTop 10 Holdings in American Funds American Hi-Inc Tr A (AHITX) Fund

Discover what American Funds American Hi-Inc Tr A Fund (AHITX) manager is buying

Mar 30, 2016
Ligado Networks, Term Loan, 0% 2020 [1.23%]
Kinetic Concepts 10.5% [1.15%]
Wind Acquisition Fin Sa 144A 7.375% [0.98%]
Inventiv Health 144A 9% [0.94%]
Ngpl Pipeco 144A 7.119% [0.91%]
Fmg Resources August 2006 Pty 144A 0.1% [0.85%]
Frontier Comms 144A 10.5% [0.82%]
Associated Matls 9.125% [0.82%]
Altegrity 144A 9.5% [0.74%]
Kinetic Concepts 12.5% [0.72%]

Dec 30, 2015
Lightsquared, Term Loan, 0% 2020 [1.38%]
Kinetic Concepts 10.5% [1.27%]
First Data 144A 7% [1.14%]
Wind Acquisition Fin Sa 144A 7.375% [1.04%]
Inventiv Health 144A 9% [1.04%]
Reynolds Grp Issuer 5.75% [0.98%]
Cequel Comm Escrow I /Cap 144A 6.375% [0.94%]
Ngpl Pipeco 144A 7.119% [0.93%]
Fmg Resources August 2006 Pty 144A 0.1% [0.86%]
Associated Matls 9.125% [0.82%]

Sep 29, 2015
Kinetic Concepts 10.5% [1.2%]
Reynolds Grp Issuer 5.75% [1.01%]
Sprint Nextel 7% [1%]
Inventiv Health 144A 9% [1%]
Wind Acquisition Fin Sa 144A 7.375% [0.96%]
First Data 11.75% [0.9%]
Ngpl Pipeco 144A 7.119% [0.9%]
Associated Matls 9.125% [0.88%]
First Data 12.625% [0.88%]
Kinetic Concepts 12.5% [0.83%]
Click here for Stock Holding Change Map in American Funds American Hi-Inc Tr A Fund (AHITX)

  

Latest News on American Funds American Hi-Inc Tr A (AHITX) Fund

See what is happening with American Funds American Hi-Inc Tr A Fund (AHITX)

 

American Funds American Hi-Inc Tr A Fund (AHITX) Related ResourcesSee more information on American Funds American Hi-Inc Tr A (AHITX) Fund

Popular pages on American Funds American Hi-Inc Tr A (AHITX) Fund

  

Fund Mojo Newsletter

Fund Mojo on Facebook Follow FundMojo on Twitter Fund Update