Fund |
Fund name: American High-Income
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Symbol: AHITX
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Portfolio contains these types of investments:
Time Warner Telecom 9.75% - Omnipoint 144A 14% - Voicestream Wire FRN - Charter Comm 9.92% - Nextel Comm FRN - Allied Waste Inds 10% - Container of Amer 9.75% - Leap Wireless 144A 0% - Clearnet Comm Step 0% - William Hill Fin 10.625%
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Minimum Investment: $1,000
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1-Year Profit Projection: N/A
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Brief fund description:
American High-Income Trust seeks a high level of current income; capital appreciation is secondary. The fund normally invests at least 65% of assets in lower-rated or unrated corporate bonds. In selecting investments, the advisor focuses on intermediate-term and long-term securities. The fund may invest without limit in bonds rated as low as C. In addition, it may invest up to 25% of assets in common stocks, convertible securities, and preferred stocks. It also may invest up to 25% of assets in foreign securities.
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Expenses
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Annual expense ratio: 0.82
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Tax Efficiency: N/A
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Load Type:
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Load Percentage: 3.75
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Performance
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Performance 3 Months: 1.51
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Performance Year to Date: -0.5
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Performance 12 Months: 1.77
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Performance 3 Years: 4.80
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Performance 5 Years: 8.25
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Additional Comments
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Fund Features:
N/A
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Fund Strategy:
N/A
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