- ISIN
- US0265478281
- Issuer
- American Funds
- Inception Date
- Aug 4, 2008
- Category
- High Yield Bonds
- Min. Investment
- $250
- Distribution Policy
- Distributing
- Asset Class
- Bond
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
AHIFX Performance Chart
American Funds American High-Inc F2 (AHIFX) is up 2.2% since the beginning of the year. AHIFX is currently trading at $10 per share. Investors who bought $1,000 worth of AHIFX shares 5 years ago would now be looking at an investment worth $1,247.
Loading charts...
Returns By Period
American Funds American High-Inc F2 (AHIFX) has returned 2.20% so far this year and 8.20% over the past 12 months. Over the last ten years, AHIFX has returned 6.16% per year, falling short of the S&P 500 Index benchmark, which averaged 13.75% annually.
American Funds American High-Inc F2
- 1D
- 0.20%
- 1M
- 1.15%
- YTD
- 2.20%
- 6M
- 2.98%
- 1Y
- 8.20%
- 3Y*
- 9.42%
- 5Y*
- 4.52%
- 10Y*
- 6.16%
Benchmark (S&P 500 Index)
- 1D
- -0.57%
- 1M
- 1.39%
- YTD
- 9.73%
- 6M
- 10.46%
- 1Y
- 24.50%
- 3Y*
- 19.43%
- 5Y*
- 12.21%
- 10Y*
- 13.75%
AHIFX Monthly Returns History
Based on dividend-adjusted daily data since Jan 2, 2009, AHIFX's average daily return is +0.03%, while the average monthly return is +0.68%. At this rate, an investment would double in approximately 8.5 years.
Historically, 70% of months were positive and 30% were negative. The best month was Apr 2009 with a return of +9.2%, while the worst month was Mar 2020 at -11.6%. The longest winning streak lasted 13 consecutive months, and the longest losing streak was 4 months.
On a daily basis, AHIFX closed higher 45% of trading days. The best single day was Mar 26, 2020 with a return of +3.3%, while the worst single day was Mar 9, 2020 at -3.6%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.54% | 0.80% | -1.24% | 1.57% | 0.63% | -0.10% | 2.20% | ||||||
| 2025 | 1.45% | 0.59% | -0.87% | -0.26% | 1.12% | 2.23% | 0.47% | 1.46% | 0.74% | 0.06% | 0.73% | 0.56% | 8.57% |
| 2024 | 0.47% | 0.41% | 1.48% | -0.73% | 1.74% | 0.56% | 2.04% | 1.61% | 1.48% | -0.35% | 1.07% | -0.35% | 9.80% |
| 2023 | 3.19% | -1.23% | 1.04% | 0.22% | -0.91% | 1.53% | 1.51% | 0.28% | -1.20% | -1.88% | 4.43% | 3.91% | 11.17% |
| 2022 | -2.18% | -0.61% | -0.64% | -3.32% | 0.38% | -6.83% | 5.22% | -1.75% | -4.32% | 2.43% | 1.94% | -0.43% | -10.18% |
| 2021 | 1.21% | 1.02% | 0.34% | 1.62% | 0.84% | 1.39% | 0.25% | 0.29% | 0.47% | 0.08% | -0.76% | 1.58% | 8.62% |
Benchmark Metrics
American Funds American High-Inc F2 has an annualized alpha of 6.17%, beta of 0.14, and R2 of 0.24 versus S&P 500 Index. Calculated based on daily prices since January 02, 2009.
- This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (39.65%) than losses (33.29%) - typical of diversified or defensive assets.
- Beta of 0.14 may look defensive, but with R2 of 0.24 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
- R2 of 0.24 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 6.17%
- Beta
- 0.14
- R²
- 0.24
- Upside Capture
- 39.65%
- Downside Capture
- 33.29%
Expense Ratio
AHIFX has an expense ratio of 0.43%, placing it in the medium range.
Return for Risk
Risk / Return Rank
AHIFX ranks 84 for risk / return — in the top 84% of mutual funds on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for American Funds American High-Inc F2 (AHIFX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AHIFX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.44 | ||
| Sortino ratioReturn per unit of downside risk | +1.49 | ||
| Omega ratioGain probability vs. loss probability | 1.54 | 1.36 | +0.18 |
| Calmar ratioReturn relative to maximum drawdown | 3.50 | 2.71 | +0.80 |
| Martin ratioReturn relative to average drawdown | 15.62 | 12.15 | +3.47 |
Dividends
Dividend History
American Funds American High-Inc F2 provided a 6.54% dividend yield over the last twelve months, with an annual payout of $0.65 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.65 | $0.65 | $0.64 | $0.54 | $0.40 | $0.48 | $0.62 | $0.65 | $0.63 | $0.65 | $0.54 | $0.67 |
Dividend yield | 6.54% | 6.53% | 6.56% | 5.64% | 4.42% | 4.54% | 6.08% | 6.45% | 6.56% | 6.24% | 5.26% | 7.17% |
Monthly Dividends
The table displays the monthly dividend distributions for American Funds American High-Inc F2. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.05 | $0.05 | $0.06 | $0.05 | $0.05 | $0.00 | $0.26 | ||||||
| 2025 | $0.05 | $0.05 | $0.05 | $0.05 | $0.06 | $0.06 | $0.06 | $0.05 | $0.05 | $0.06 | $0.05 | $0.06 | $0.65 |
| 2024 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.06 | $0.06 | $0.05 | $0.06 | $0.05 | $0.06 | $0.64 |
| 2023 | $0.05 | $0.05 | $0.05 | $0.00 | $0.06 | $0.05 | $0.05 | $0.08 | $0.05 | $0.00 | $0.05 | $0.06 | $0.54 |
| 2022 | $0.04 | $0.04 | $0.05 | $0.04 | $0.05 | $0.00 | $0.00 | $0.04 | $0.00 | $0.06 | $0.05 | $0.05 | $0.40 |
| 2021 | $0.04 | $0.04 | $0.05 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.48 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the American Funds American High-Inc F2. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the American Funds American High-Inc F2 was 21.21%, occurring on Mar 23, 2020. Recovery took 139 trading sessions.
The current American Funds American High-Inc F2 drawdown is 0.10%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -21.21%Mar 2020 | 1mo 1d | 6mo 19d | 7mo 20dFeb 2020 - Oct 2020 |
2016 correction2016 | -15.70%Feb 2016 | 1y 7mo | 6mo 7d | 2y 1moJul 2014 - Aug 2016 |
Bear market2022 | -13.80%Sep 2022 | 8mo 27d | 1y 4mo | 2y 26dJan 2022 - Jan 2024 |
2011 correction2011 | -10.17%Oct 2011 | 4mo 4d | 4mo | 8mo 4dJun 2011 - Feb 2012 |
Financial crisis2007–2009 | -7.06%Mar 2009 | 1mo 25d | 1mo 1d | 2mo 26dJan 2009 - Apr 2009 |
Drawdown Indicators
| AHIFX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.21% | -56.78% | +35.57% |
Max Drawdown (1Y)Largest decline over 1 year | -2.41% | -9.10% | +6.69% |
Max Drawdown (3Y)Largest decline over 3 years | -3.93% | -18.90% | +14.97% |
Max Drawdown (5Y)Largest decline over 5 years | -13.80% | -25.43% | +11.63% |
Max Drawdown (10Y)Largest decline over 10 years | -21.21% | -33.92% | +12.71% |
Current DrawdownCurrent decline from peak | -0.10% | -1.29% | +1.19% |
Average DrawdownAverage peak-to-trough decline | -2.19% | -10.72% | +8.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.54% | 2.02% | -1.48% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with AHIFX
Add American Funds American High-Inc F2 to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with AHIFX