MIAQX vs. ASTEX

In the year-to-date period, MIAQX achieves a 0.82% return, which is significantly lower than ASTEX's 0.91% return.

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MIAQX has a 0.78% expense ratio, which is higher than ASTEX's 0.53% expense ratio.

This table presents a comparison of risk-adjusted performance metrics for American Funds Multi-Sector Income Fund (MIAQX) and American Funds Short-Term Tax Exempt Bond Fund (ASTEX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

The current MIAQX Sharpe Ratio is 1.48, which is comparable to the ASTEX Sharpe Ratio of 1.42. The chart below compares the historical Sharpe Ratios of MIAQX and ASTEX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

MIAQX's dividend yield for the trailing twelve months is around 6.17%, more than ASTEX's 2.67% yield.

The maximum MIAQX drawdown since its inception was -17.39%, which is greater than ASTEX's maximum drawdown of -5.67%. Use the drawdown chart below to compare losses from any high point for MIAQX and ASTEX. For additional features, visit the drawdowns tool.