American Funds American High-Income Trust (AHITX)
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.
Share Price Chart
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Performance
The chart shows the growth of $10,000 invested in American Funds American High-Income Trust in Oct 2022 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $112,376 for a total return of roughly 1,023.76%. All prices are adjusted for splits and dividends.
Compare to other instruments
Popular comparisons: AHITX vs. SCHD
Return
American Funds American High-Income Trust had a return of 2.31% year-to-date (YTD) and -3.30% in the last 12 months. Over the past 10 years, American Funds American High-Income Trust had an annualized return of 3.60%, while the S&P 500 had an annualized return of 10.16%, indicating that American Funds American High-Income Trust did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| 1 month | 0.44% | 3.51% |
| Year-To-Date | 2.31% | 7.03% |
| 6 months | 7.02% | 12.88% |
| 1 year | -3.30% | -10.71% |
| 5 years (annualized) | 3.49% | 9.25% |
| 10 years (annualized) | 3.60% | 10.16% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 3.17% | -1.26% | ||||||||||
| 2022 | -3.89% | 2.41% | 1.92% | -0.46% |
Dividend History
American Funds American High-Income Trust granted a 6.88% dividend yield in the last twelve months. The annual payout for that period amounted to $0.63 per share.
| Period | TTM | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.63 | $0.50 | $0.45 | $0.59 | $0.62 | $0.61 | $0.57 | $0.58 | $0.65 | $0.69 | $0.71 | $0.80 |
Dividend yield | 6.88% | 5.58% | 4.54% | 6.47% | 7.32% | 7.94% | 7.31% | 7.91% | 10.41% | 10.16% | 10.62% | 12.74% |
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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | $0.05 | $0.04 | ||||||||||
| 2022 | $0.04 | $0.03 | $0.04 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.05 | $0.04 | $0.05 |
| 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 |
| 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 |
| 2019 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 |
| 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 |
| 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 |
| 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 |
| 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 |
| 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 |
| 2013 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 |
| 2012 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.06 | $0.06 | $0.07 | $0.06 | $0.07 |
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below shows the maximum drawdowns of the American Funds American High-Income Trust. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.
The maximum drawdown since January 2010 for the American Funds American High-Income Trust is 34.94%, recorded on Dec 15, 2008. It took 219 trading sessions for the portfolio to recover.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -34.94% | Jun 5, 2007 | 386 | Dec 15, 2008 | 219 | Oct 28, 2009 | 605 |
| -21.22% | Feb 21, 2020 | 22 | Mar 23, 2020 | 142 | Oct 13, 2020 | 164 |
| -17.02% | Jan 14, 2002 | 147 | Aug 14, 2002 | 146 | Mar 14, 2003 | 293 |
| -15.97% | Jul 8, 2014 | 404 | Feb 11, 2016 | 139 | Aug 30, 2016 | 543 |
| -13.48% | Jul 29, 1998 | 57 | Oct 15, 1998 | 131 | Apr 16, 1999 | 188 |
| -13.16% | Jan 5, 2022 | 185 | Sep 29, 2022 | — | — | — |
| -12.71% | Aug 2, 1990 | 57 | Oct 19, 1990 | 88 | Feb 20, 1991 | 145 |
| -10.29% | Jun 2, 2011 | 87 | Oct 4, 2011 | 83 | Feb 2, 2012 | 170 |
| -8.17% | Sep 8, 2000 | 61 | Dec 4, 2000 | 237 | Nov 19, 2001 | 298 |
| -8.03% | Feb 7, 1994 | 223 | Dec 14, 1994 | 80 | Apr 5, 1995 | 303 |
Volatility Chart
Current American Funds American High-Income Trust volatility is 5.29%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.