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

Fund Info

ISIN
US0265471096
CUSIP
026547109
Inception Date
Feb 19, 1988
Min. Investment
$250
Distribution Policy
Distributing
Asset Class
Bond

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in American Funds American High-Income Trust, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

American Funds American High-Income Trust (AHITX) has returned -1.14% so far this year and 5.89% over the past 12 months. Over the last ten years, AHITX has returned 6.05% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.


American Funds American High-Income Trust

1D
0.00%
1M
-2.41%
YTD
-1.14%
6M
0.13%
1Y
5.89%
3Y*
8.26%
5Y*
4.33%
10Y*
6.05%

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Jan 2, 1990, AHITX's average daily return is +0.03%, while the average monthly return is +0.61%. At this rate, your investment would double in approximately 9.5 years.

Historically, 71% of months were positive and 29% were negative. The best month was Apr 2009 with a return of +9.2%, while the worst month was Oct 2008 at -15.5%. The longest winning streak lasted 23 consecutive months, and the longest losing streak was 6 months.

On a daily basis, AHITX 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 Oct 10, 2008 at -3.8%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20260.52%0.78%-2.41%-1.14%
20251.43%0.57%-0.90%-0.28%1.10%2.21%0.45%1.44%0.72%0.04%0.70%0.54%8.28%
20240.44%0.38%1.46%-0.75%1.71%0.53%2.01%1.58%1.46%-0.38%1.05%-0.38%9.45%
20233.17%-1.27%1.00%0.72%-0.93%1.50%1.49%0.26%-1.22%-1.88%4.39%3.87%11.43%
2022-2.21%-0.64%-0.67%-3.34%0.36%-6.83%5.22%-1.77%-4.32%2.40%1.92%-0.47%-10.38%
20211.19%1.00%0.32%1.60%0.81%1.37%0.23%0.27%0.44%0.06%-0.78%1.55%8.32%

Benchmark Metrics

American Funds American High-Income Trust has an annualized alpha of 6.28%, beta of 0.11, and R² of 0.15 versus S&P 500 Index. Calculated based on daily prices since January 03, 1990.

  • This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (43.83%) than losses (33.88%) — typical of diversified or defensive assets.
  • Beta of 0.11 may look defensive, but with R² of 0.15 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 0.15 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
6.28%
Beta
0.11
0.15
Upside Capture
43.83%
Downside Capture
33.88%

Expense Ratio

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


Return for Risk

Risk / Return Rank

AHITX ranks 78 for risk / return — better than 78% of mutual funds on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.


AHITX Risk / Return Rank: 7878
Overall Rank
AHITX Sharpe Ratio Rank: 7979
Sharpe Ratio Rank
AHITX Sortino Ratio Rank: 7474
Sortino Ratio Rank
AHITX Omega Ratio Rank: 8484
Omega Ratio Rank
AHITX Calmar Ratio Rank: 7373
Calmar Ratio Rank
AHITX Martin Ratio Rank: 7777
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for American Funds American High-Income Trust (AHITX) and compare them to a chosen benchmark (S&P 500 Index).


AHITXBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

1.47

0.90

+0.57

Sortino ratio

Return per unit of downside risk

1.90

1.39

+0.51

Omega ratio

Gain probability vs. loss probability

1.34

1.21

+0.13

Calmar ratio

Return relative to maximum drawdown

1.74

1.40

+0.34

Martin ratio

Return relative to average drawdown

7.46

6.61

+0.85

Explore AHITX risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

American Funds American High-Income Trust provided a 5.90% dividend yield over the last twelve months, with an annual payout of $0.57 per share. The fund has been increasing its distributions for 3 consecutive years.


4.00%4.50%5.00%5.50%6.00%6.50%7.00%$0.00$0.10$0.20$0.30$0.40$0.50$0.6020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
Dividend$0.57$0.62$0.61$0.56$0.38$0.45$0.59$0.62$0.61$0.62$0.52$0.65

Dividend yield

5.90%6.26%6.25%5.87%4.17%4.27%5.81%6.19%6.31%5.99%5.05%6.92%

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
2026$0.05$0.05$0.00$0.10
2025$0.05$0.05$0.05$0.05$0.06$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.62
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$0.00$0.05$0.06$0.56
2022$0.04$0.03$0.04$0.04$0.05$0.00$0.00$0.04$0.00$0.05$0.04$0.05$0.38
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

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 34.81%, occurring on Dec 15, 2008. Recovery took 214 trading sessions.

The current American Funds American High-Income Trust drawdown is 2.41%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-34.81%May 30, 2007392Dec 15, 2008214Oct 21, 2009606
-21.22%Feb 21, 202022Mar 23, 2020142Oct 13, 2020164
-17.02%Jan 14, 2002148Aug 14, 2002141Mar 7, 2003289
-15.99%Jul 8, 2014404Feb 11, 2016140Aug 31, 2016544
-13.93%Nov 10, 2021223Sep 29, 2022335Jan 31, 2024558

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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