• FirefoxTry Yahoo Finance on Firefox »
  •  Dow Down1.10% Nasdaq Down1.82%

    American High-Income Municipal Bond F-1 (ABHFX)

    15.78 Up 0.01(0.06%) Feb 8

    Profile as of Jan 30, 2016Get Profile for:
    American High-Income Municipal Bond F-1
    American High-income Municipal Bond Fund333 South Hope StreetLos Angeles, CA 90071
    Map
    Phone: 800-421-4225
    Fund Overview 
    Category:High Yield Muni
    Fund Family:American Funds
    Net Assets:3.94B
    Year-to-Date Return:1.03%
    Yield:3.90%
    Morningstar Rating:4 stars
    Fund Inception Date:Mar 19, 2001
    Morningstar Style Box 
    High Yield Muni
    [View Category Definition]
    View Top High Yield Muni Funds
    About the Morningstar Style Box
    Management Information 
    Karl J. Zeile
    Lead Manager since Nov 1, 2004
    Zeile is the vice president and director of Capital Research Company Investment. He began his professional career 14 years ago; 6 years with Capital Research and Management Company or affiliate.
    Investment Information 
    Min Initial Investment:250
    Min Initial Investment, IRA:250
    Min Initial Investment, AIP:N/A
    Min Subsequent Investment:50
    Min Subsequent Investment, IRA:N/A
    Min Subsequent Investment, AIP:N/A
    ABHFX can be purchased from 85 brokerages.

    Fund Summary 
    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 Operations 
    Last Dividend (Jan 28, 2016) : 0.05
    Last Cap Gain : 0.00
    Annual Holdings Turnover (Feb 2, 2016) : 23.00%
    Average for Category:18.46%
    Fees & Expenses 
    ExpenseABHFXCategory Avg
    Annual Report Expense Ratio (net):0.75%0.97%
    Prospectus Net Expense Ratio:0.75%N/A
    Prospectus Gross Expense Ratio:0.75%N/A
    Max 12b1 Fee:0.25%N/A
    Max Front End Sales Load:N/A3.73%
    Max Deferred Sales Load: N/A2.05%
    3 Yr Expense Projection*:240505
    5 Yr Expense Projection*:417776
    10 Yr Expense Projection*:9301,490
    * Per $10,000 invested