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American Funds American High-Income Trust (AHITX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

American Funds American High-Income Trust (AHITX)

Mutual Fund · Currency in USD · Last updated May 14, 2025

The fund invests primarily in higher yielding and generally lower quality debt securities (rated Ba1 / 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.

Fund Info

ISIN

US0265471096

CUSIP

026547109

Issuer

American Funds

Inception Date

Feb 19, 1988

Category

High Yield Bonds

Min. Investment

$250

Asset Class

Bond

Expense Ratio

AHITX has an expense ratio of 0.69%, placing it in the medium range.

Share Price Chart

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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Popular comparisons:
AHITX vs. VSGDX AHITX vs. SPHIX AHITX vs. AGTHX AHITX vs. SCHD AHITX vs. AMCPX AHITX vs. DODIX AHITX vs. SJNK AHITX vs. SPY AHITX vs. FFRHX AHITX vs. MGK
Popular comparisons:
AHITX vs. VSGDX AHITX vs. SPHIX AHITX vs. AGTHX AHITX vs. SCHD AHITX vs. AMCPX AHITX vs. DODIX AHITX vs. SJNK AHITX vs. SPY AHITX vs. FFRHX AHITX vs. MGK

Performance

Performance Chart

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Returns By Period

American Funds American High-Income Trust (AHITX) returned 1.40% year-to-date (YTD) and 7.94% over the past 12 months. Over the past 10 years, AHITX returned 4.83% annually, underperforming the S&P 500 benchmark at 10.77%.

AHITX

YTD

1.40%

1M

3.17%

6M

1.87%

1Y

7.94%

5Y*

8.01%

10Y*

4.83%

^GSPC (Benchmark)

YTD

0.08%

1M

9.75%

6M

-1.63%

1Y

12.74%

5Y*

15.66%

10Y*

10.77%

*Annualized

Monthly Returns

The table below presents the monthly returns of AHITX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.

JanFebMarAprMayJunJulAugSepOctNovDecTotal
20251.43%0.57%-0.90%-0.82%1.14%1.40%
20240.45%0.38%1.46%-0.75%1.72%0.53%2.01%1.58%1.45%-0.38%1.04%-0.37%9.45%
20233.17%-1.27%1.00%0.72%-0.93%1.51%1.49%0.26%-1.23%-1.28%4.39%3.87%12.11%
2022-2.21%-0.64%-0.67%-3.34%0.36%-6.42%5.69%-1.77%-3.88%2.40%1.92%-0.47%-9.17%
20211.19%1.00%0.32%1.60%0.81%1.37%0.23%0.27%0.44%0.06%-0.78%1.55%8.33%
20200.10%-1.43%-11.65%3.08%4.01%1.27%4.38%1.60%-0.48%0.35%4.24%2.40%7.01%
20194.52%1.80%0.83%1.69%-1.44%1.70%0.02%-0.47%-0.08%0.23%0.01%2.58%11.86%
20180.96%-0.82%-0.47%0.48%-0.12%0.67%1.38%0.50%0.66%-1.36%-1.07%-2.55%-1.81%
20171.43%1.35%-0.11%0.84%0.76%0.05%1.25%-0.29%0.93%0.44%-0.19%0.10%6.73%
2016-1.67%0.18%4.36%3.99%0.62%1.03%2.16%1.79%0.70%0.45%-0.13%1.93%16.38%
20150.35%2.88%-0.69%1.13%0.04%-1.73%-0.98%-2.26%-3.05%2.12%-2.37%-2.85%-7.36%
20140.44%1.92%0.10%0.62%0.85%0.93%-1.55%1.03%-2.20%0.54%-0.32%-1.72%0.56%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

With an overall rank of 92, AHITX is among the top 8% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.

The Risk-Adjusted Performance Rank of AHITX is 9292
Overall Rank
The Sharpe Ratio Rank of AHITX is 9393
Sharpe Ratio Rank
The Sortino Ratio Rank of AHITX is 9292
Sortino Ratio Rank
The Omega Ratio Rank of AHITX is 9292
Omega Ratio Rank
The Calmar Ratio Rank of AHITX is 9393
Calmar Ratio Rank
The Martin Ratio Rank of AHITX is 9393
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for American Funds American High-Income Trust (AHITX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.

The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

American Funds American High-Income Trust Sharpe ratios as of May 14, 2025 (values are recalculated daily):

  • 1-Year: 1.96
  • 5-Year: 1.55
  • 10-Year: 0.85
  • All Time: 1.41

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of American Funds American High-Income Trust compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time. For deeper analysis or to customize the calculation, use the Sharpe ratio tool.

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Dividends

Dividend History

American Funds American High-Income Trust provided a 6.30% dividend yield over the last twelve months, with an annual payout of $0.61 per share.

4.50%5.00%5.50%6.00%6.50%7.00%$0.00$0.10$0.20$0.30$0.40$0.50$0.60$0.7020142015201620172018201920202021202220232024
Dividends
Dividend Yield
PeriodTTM20242023202220212020201920182017201620152014
Dividend$0.61$0.61$0.61$0.50$0.45$0.59$0.62$0.61$0.57$0.58$0.65$0.69

Dividend yield

6.30%6.25%6.43%5.52%4.28%5.81%6.19%6.31%5.47%5.60%6.95%6.37%

Monthly Dividends

The table displays the monthly dividend distributions for American Funds American High-Income Trust. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025$0.05$0.05$0.05$0.05$0.00$0.20
2024$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.61
2023$0.05$0.04$0.05$0.05$0.05$0.05$0.05$0.07$0.05$0.05$0.05$0.06$0.61
2022$0.04$0.03$0.04$0.04$0.05$0.04$0.04$0.04$0.04$0.05$0.04$0.05$0.50
2021$0.04$0.04$0.04$0.03$0.03$0.03$0.03$0.04$0.04$0.04$0.04$0.04$0.45
2020$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.04$0.04$0.04$0.04$0.09$0.59
2019$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.06$0.62
2018$0.05$0.04$0.05$0.05$0.06$0.05$0.05$0.05$0.05$0.05$0.05$0.06$0.61
2017$0.05$0.04$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.57
2016$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.04$0.04$0.05$0.05$0.06$0.58
2015$0.06$0.05$0.05$0.05$0.05$0.05$0.06$0.05$0.05$0.06$0.05$0.06$0.65
2014$0.06$0.06$0.05$0.05$0.06$0.06$0.06$0.06$0.06$0.06$0.05$0.06$0.69

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.

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Worst Drawdowns

The table below displays the maximum drawdowns of the American Funds American High-Income Trust. 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-Income Trust was 34.94%, occurring on Dec 15, 2008. Recovery took 219 trading sessions.

The current American Funds American High-Income Trust drawdown is 0.60%.

Depth

Start

To Bottom

Bottom

To Recover

End

Total

-34.94%Jun 5, 2007386Dec 15, 2008219Oct 28, 2009605
-21.22%Feb 21, 202022Mar 23, 2020142Oct 13, 2020164
-17.02%Jan 14, 2002147Aug 14, 2002146Mar 14, 2003293
-15.97%Jul 8, 2014404Feb 11, 2016139Aug 30, 2016543
-13.48%Jul 29, 199857Oct 15, 1998131Apr 16, 1999188

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.

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