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Fund |
| Fund name: American High-Income Municipal Bond
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| Symbol: AMHIX
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Portfolio contains these types of investments:
WI Oconto Falls Cmnty Dev Tissue 7.75% - --100,000.0 NY Onondaga Indl Dev Solid Waste 7% - NJ Econ Dev Kapkowski Rd 6.375% - FL Daytona Beach Walk 6.875% IL Chicago O'Hare Intl Arpt Fac 5.2% - CO Clark 7.5% - MN St Paul GO 7.375% - SC Piedmont Muni Pwr Elec 5.25% - CA Cmnty Dev Apt 5% - NY NYC Indl Dev Solid Waste Disp 7.55%
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| Minimum Investment: $1,000
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| 1-Year Profit Projection: NA
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Brief fund description:
American High-Income Municipal Bond Fund seeks current income exempt from regular federal income tax. The fund normally invests at least 80% of assets in federally tax-exempt debt obligations. Management intends to focus on higher-yielding, lower-rated debt; at least 50% of assets are rated BBB or below. The fund may invest up to 5% of assets in debt rated as low as D. The fund may invest in securities subject to the Alternative Minimum Tax. It may also invest in cash and cash equivalents.
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Expenses
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| Annual expense ratio: 0.78
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| Tax Efficiency: NA
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Load Type:
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| Load Percentage: 4.75
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Performance
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| Performance 3 Months: 1.38
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| Performance Year to Date: 3.03
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| Performance 12 Months: 0.69
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| Performance 3 Years: 3.88
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| Performance 5 Years: 5.93
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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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