American High-Income Municipal Bond B (ABHMX)
* As of 31-Mar-14
Quotes delayed, except where indicated otherwise. Currency in USD.
- No Headlines available for ABHMX at this time.
|Symbol||% Assets||YTD Return %|
|Michigan Tob Settlement Fin Au Tobacc 6%||1.04||N/A|
|Pima Cnty Ariz Indl Dev Auth 6.55%||0.66||N/A|
|New York N Y City Indl Dev Agy Re 7.625%||0.64||N/A|
|Denver Colo City & Cnty Spl Fa Ref 5.25%||0.62||N/A|
|New Jersey Econ Dev Auth 5.25%||0.61||N/A|
|Morningstar Overall Rating:|
|Category:||High Yield Muni|
|Annual Report Expense Ratio (net):||1.42%|
Performance & Risk
|5y Avg Return:||8.59%|
|Rank in Category (ytd):||50|
|% Rank in Category (ytd):||27.32%|
|Morningstar Risk Rating:||2|
The investment seeks to provide 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. It may invest, without limitation, in securities that may subject to federal alternative minimum tax. The fund invests a significant portion of its portfolio in municipal bonds rated BBB+ or below. In addition, it may invest significantly in municipal obligations of issuers in the same state, or engaged in the same types of projects or industries. View More