American High Income Fund Quote
| RITGX Fund | USD 9.88 0.01 0.10% |
Performance26 of 100
| Odds Of DistressLess than 14
|
American High is trading at 9.88 as of the 4th of October 2024; that is 0.1% down since the beginning of the trading day. The fund's open price was 9.89. American High has less than a 14 % chance of experiencing some financial distress in the next two years of operation and had a strong performance during the last 90 days. Equity ratings for American High Income are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 10th of October 2023 and ending today, the 4th of October 2024. Click here to learn more.
The fund invests primarily in higher yielding and generally lower quality debt securities , including corporate loan obligations. It may also invest a portion of its assets in securities of issuers domiciled outside the United States. More on American High Income
Moving together with American Mutual Fund
American Mutual Fund Highlights
| Fund Concentration | American Funds, Large Funds, High Yield Bond Funds, High Yield Bond, American Funds (View all Sectors) |
| Update Date | 30th of September 2024 |
American High Income [RITGX] is traded in USA and was established 4th of October 2024. American High is listed under American Funds category by Fama And French industry classification. The fund is listed under High Yield Bond category and is part of American Funds family. This fund at this time has accumulated 16.44 B in assets with no minimum investment requirementsAmerican High Income is currently producing year-to-date (YTD) return of 9.45% with the current yeild of 0.07%, while the total return for the last 3 years was 4.24%.
Check American High Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on American Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding American Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as American High Income Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top American High Income Mutual Fund Constituents
| CHK | Chesapeake Energy Corp | Stock | Energy |
American High Top Holders
| RDATX | American Funds 2010 | Mutual Fund | Target-Date 2000-2010 | |
| CCBTX | American Funds 2015 | Mutual Fund | Target-Date 2015 | |
| RNCCX | American Funds Income | Mutual Fund | Allocation--30% to 50% Equity | |
| FAATX | American Funds 2010 | Mutual Fund | Target-Date 2000-2010 | |
| AABTX | American Funds 2015 | Mutual Fund | Target-Date 2015 | |
| RAJTX | American Funds 2015 | Mutual Fund | Target-Date 2015 | |
| RHATX | American Funds 2010 | Mutual Fund | Target-Date 2000-2010 | |
| RBJTX | American Funds 2015 | Mutual Fund | Target-Date 2015 |
American High Income Risk Profiles
| Mean Deviation | 0.1473 | |||
| Standard Deviation | 0.2091 | |||
| Variance | 0.0437 | |||
| Downside Variance | 0.0526 |
American High Against Markets
Other Information on Investing in American Mutual Fund
American High financial ratios help investors to determine whether American Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in American with respect to the benefits of owning American High security.
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