Returns Chart

Key Stats

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Expense Ratio Total Assets Under Management Dividend Yield Turnover Ratio
0.78% 19.89B 4.96% 75.00%
1 Year Fund Level Flows 1 Year Total Returns (Daily) Annualized All Time Total Returns (Daily) Max Drawdown (All)
802.61M 14.03% Upgrade Upgrade

Basic Info

Investment Strategy
The investment seeks to provide a high level of current income; the secondary investment objective is capital appreciation. The fund invests primarily in higher yielding and generally lower quality debt securities (rated Ba1 or below or BB+ or below by Nationally Recognized Statistical Rating Organizations or unrated but determined by the fund's investment adviser to be of equivalent quality), including corporate loan obligations. It may also invest a portion of its assets in securities of issuers domiciled outside the United States.
General
Security Type Mutual Fund
Oldest Share Symbol AHITX
Equity Style Small Cap/Value
Fixed Income Style Low Quality/Limited Sensitivity
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Category Name High Yield Bond
Category Index ICE BofA US High Yield TR USD
Prospectus Objective Corporate Bond - High Yield
Fund Owner Firm Name American Funds
Prospectus Benchmark Index
Bloomberg US HY 2% Issuer Cap TR USD 100.0%
Broad Asset Class Benchmark Index
^BBUSATR 100.0%
Manager Tenure
David Daigle 17.85 yrs
Thomas Chow 6.84 yrs
Tara Torrens 6.34 yrs
Shannon Ward 4.83 yrs

Net Fund Flows Versus Category

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1M
3M
6M
YTD
1Y
3Y
5Y
10Y
 
80.00B
60.00B
40.00B
20.00B
0
-20.00B
1 Month
% Rank: --
-- Category Low
-- Category High
1 Year
% Rank: 5
802.61M
-7.432B Category Low
3.065B Category High
3 Months
% Rank: --
-- Category Low
-- Category High
3 Years
% Rank: --
-- Category Low
-- Category High
6 Months
% Rank: --
-- Category Low
-- Category High
5 Years
% Rank: --
-- Category Low
-- Category High
YTD
% Rank: --
-- Category Low
-- Category High
10 Years
% Rank: --
-- Category Low
-- Category High
As of September 30, 2021

Performance Versus Category

 
20%
15%
10%
5%
0
View Category Returns. Upgrade now.
Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (NAV)
--
--
--
--
--
--
--
--
Category Rtn. (NAV)
--
--
--
--
--
--
--
--
% Rank in Cat (NAV)
--
--
--
--
--
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--
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As of October 15, 2021. Returns for periods of 1 year and above are annualized.

Annual Total Returns Versus Peers

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Name
2014
2015
2016
2017
2018
2019
2020
YTD
0.66%
-7.30%
16.49%
6.86%
-1.68%
12.03%
7.20%
7.65%
5.97%
0.55%
2.65%
3.54%
0.01%
8.72%
7.51%
-1.72%
0.49%
-2.52%
14.57%
5.69%
-2.56%
11.68%
4.26%
4.08%
3.44%
-3.26%
14.49%
7.30%
-2.27%
15.44%
5.01%
3.44%
-0.73%
-8.01%
17.53%
7.14%
-3.83%
15.98%
5.73%
5.18%
0.72%
-4.36%
16.72%
7.62%
-2.87%
12.37%
7.23%
3.66%
As of October 15, 2021.

Fundamentals

General
Distribution Yield Upgrade
Dividend Yield TTM (10-15-21) 4.96%
30-Day SEC Yield (9-30-21) Upgrade
7-Day SEC Yield (8-31-17) Upgrade
Number of Holdings Upgrade
Stock
Weighted Average PE Ratio --
Weighted Average Price to Sales Ratio --
Weighted Average Price to Book Ratio --
Weighted Median ROE --
Weighted Median ROA --
Forecasted Dividend Yield Upgrade
Forecasted PE Ratio Upgrade
Forecasted Price to Sales Ratio Upgrade
Forecasted Price to Book Ratio Upgrade
Bond
Current Yield 5.67%
Yield to Maturity Upgrade
Effective Duration Upgrade
Average Coupon Upgrade
Average Credit Score Upgrade
Average Price Upgrade
As of June 30, 2021

Fund Details

Key Dates
Inception Date 9/16/2002
Last Annual Report Date 9/30/2020
Last Prospectus Date 12/1/2020
Share Classes
AHIFX Other
AHITX A
AHTCX C
AHTFX Other
CITAX A
CITCX C
CITEX Other
FAHHX Other
FTAHX Other
HIGFX Inst
RITAX Retirement
RITBX Retirement
RITCX Retirement
RITEX Retirement
RITFX Retirement
RITGX Retirement
RITHX Retirement
RTEHX Retirement
Attributes
Enhanced Index Fund No
Index Fund No
Inverse Fund No
Leveraged Fund No
Fund of Funds No
Currency Hedged Fund No
Synthetic Replication Fund No
Has Dividend Investment Plan No
Socially Responsible Fund No

Asset Allocation

As of June 30, 2021.
Type % Net % Long % Short
Cash 5.02% Upgrade Upgrade
Stock 4.92% Upgrade Upgrade
Bond 87.16% Upgrade Upgrade
Convertible 1.94% Upgrade Upgrade
Preferred 0.34% Upgrade Upgrade
Other 0.63% Upgrade Upgrade

Top 10 Holdings

Name % Weight Price % Change
Rotech Healthcare
1.06% -- --
Sprint Capital Corporation 6.88%
0.95% -- --
Sprint Capital Corporation 8.75%
0.87% -- --
Stagwell Inc 7.5%
0.86% -- --
NGL Energy Operating LLC/ NGL Energy Finance Corp 7.5%
0.75% -- --
Chesapeake Energy Corp Ordinary Shares - New 0.71% 63.16 0.65%
Oasis Petroleum Inc Ordinary Shares - New 0.67% 108.28 1.62%
New Ami I, Llc
0.62% -- --
Foxtrot Escrow Issuer LLC / Foxtrot Escrow Corp 12.25%
0.58% -- --
Cheniere Energy Inc 4.62%
0.56% -- --

Fees & Availability

Fees
Actual 12B-1 Fee Upgrade
Actual Management Fee Upgrade
Administration Fee Upgrade
Performance Fee --
Switching Fee --
Transaction Fee --
Maximum Front Load --
Maximum Deferred Load --
Maximum Redemption Fee --
General Availability
Available for Insurance Product No
Available for Retirement Plan No
Available for RRSP No
Purchase Details
Open to New Investors Yes
Open to Existing Investors Yes
Minimum Initial Investment Upgrade
Minimum Subsequent Investment Upgrade

Basic Info

Investment Strategy
The investment seeks to provide a high level of current income; the secondary investment objective is capital appreciation. The fund invests primarily in higher yielding and generally lower quality debt securities (rated Ba1 or below or BB+ or below by Nationally Recognized Statistical Rating Organizations or unrated but determined by the fund's investment adviser to be of equivalent quality), including corporate loan obligations. It may also invest a portion of its assets in securities of issuers domiciled outside the United States.
General
Security Type Mutual Fund
Oldest Share Symbol AHITX
Equity Style Small Cap/Value
Fixed Income Style Low Quality/Limited Sensitivity
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Category Name High Yield Bond
Category Index ICE BofA US High Yield TR USD
Prospectus Objective Corporate Bond - High Yield
Fund Owner Firm Name American Funds
Prospectus Benchmark Index
Bloomberg US HY 2% Issuer Cap TR USD 100.0%
Broad Asset Class Benchmark Index
^BBUSATR 100.0%
Manager Tenure
David Daigle 17.85 yrs
Thomas Chow 6.84 yrs
Tara Torrens 6.34 yrs
Shannon Ward 4.83 yrs

Fundamentals

General
Distribution Yield Upgrade
Dividend Yield TTM (10-15-21) 4.96%
30-Day SEC Yield (9-30-21) Upgrade
7-Day SEC Yield (8-31-17) Upgrade
Number of Holdings Upgrade
Stock
Weighted Average PE Ratio --
Weighted Average Price to Sales Ratio --
Weighted Average Price to Book Ratio --
Weighted Median ROE --
Weighted Median ROA --
Forecasted Dividend Yield Upgrade
Forecasted PE Ratio Upgrade
Forecasted Price to Sales Ratio Upgrade
Forecasted Price to Book Ratio Upgrade
Bond
Current Yield 5.67%
Yield to Maturity Upgrade
Effective Duration Upgrade
Average Coupon Upgrade
Average Credit Score Upgrade
Average Price Upgrade
As of June 30, 2021

Fund Details

Key Dates
Inception Date 9/16/2002
Last Annual Report Date 9/30/2020
Last Prospectus Date 12/1/2020
Share Classes
AHIFX Other
AHITX A
AHTCX C
AHTFX Other
CITAX A
CITCX C
CITEX Other
FAHHX Other
FTAHX Other
HIGFX Inst
RITAX Retirement
RITBX Retirement
RITCX Retirement
RITEX Retirement
RITFX Retirement
RITGX Retirement
RITHX Retirement
RTEHX Retirement
Attributes
Enhanced Index Fund No
Index Fund No
Inverse Fund No
Leveraged Fund No
Fund of Funds No
Currency Hedged Fund No
Synthetic Replication Fund No
Has Dividend Investment Plan No
Socially Responsible Fund No