American Fds, American Income Municipal Bond Fund Class F-1 Shs: (MF: ABHFX)
(NASDAQ Mutual Funds) As of Jul 25, 2024 08:00 PM ET
$15.31 USD
+0.01 (0.07%)
Fund Description
American High-Income Municipal Bond Fund, Class A was incepted in September 1994 and is managed by Capital Research and Management Company. The objective of this fund is to provide a high level of current income exempt from regular federal taxes (although it may invest up to 100% of assets in bonds subject to the alternative minimum tax). The fund invests at least 80% of assets in tax-exempt securities. The fund invests at least 50% of assets in debt securities rated Baa/BBB or below at the time of purchase, and 65% in securities rated A or below at the time of purchase (or unrated but determined to be of comparable quality by the fund's investment adviser). The fund invests not more than 5% of assets in bonds rated C or D. The fund offers dividends monthly. The fund distributes capital gains in November or December.
Load Information
| Ticker | Max Load % |
Deferred Load % |
Red. Fee % |
12B-1 Fee % |
Mgmt Fee % |
Expense Ratio % |
|
|---|---|---|---|---|---|---|---|
| American Funds High Inc Muni Bnd F1 | ABHFX | NA | NA | 0.00 | 0.25 | 0.27 | 0.70 |
Return Data
| Ticker | Nav | Inception Date | % yield | 1 year return | 2 year return | 3 year return | |
|---|---|---|---|---|---|---|---|
| American Funds High Inc Muni Bnd A | AMHIX | 15.24 | 9/26/1994 | 1.81 | 7.80 | -0.29 | 2.13 |
| American Funds High Inc Muni Bnd F | ABHFX | 15.31 | 9/26/1994 | 1.77 | 7.76 | -0.32 | 2.11 |
| American Funds High Inc Muni Bnd C | AHICX | 15.24 | 3/15/2001 | 1.45 | 7.01 | -0.98 | 1.44 |
| American Funds High Inc Muni Bnd F2 | AHMFX | 15.24 | 8/1/2008 | 1.93 | 8.05 | -0.06 | 2.37 |
Investment Information
| Ticker | Minimum Initial Investment ($) | Minimum Subsequent Investment ($) | Minimum Initial IRA ($) | Dividend Frequency | |
|---|---|---|---|---|---|
| American Funds High Inc Muni Bnd F1 | ABHFX | 250 | 50 | 0 | M |
Contact Information
| Family | American Funds |
| Address | 333 S Hope St Los Angeles, CA 90071 |
| Phone | 800 421-4225 |