American High-Income Municipal Bond B (ABHMX)
15.62 0.01(0.06%) May 20
* As of 28-Feb-13
Quotes delayed, except where indicated otherwise. Currency in USD.
- No Headlines available for ABHMX at this time.
|Symbol||% Assets||YTD Return %|
|Michigan Tob Settlement Fin Au Tobacc 6%||0.73||N/A|
|Dallas-Fort Worth Tex Intl Arp Re 6.375%||0.64||N/A|
|Denver Colo City & Cnty Spl Fa Ref 5.25%||0.62||N/A|
|Pima Cnty Ariz Indl Dev Auth 6.55%||0.60||N/A|
|Regl Transn Dist 6%||0.59||N/A|
|Morningstar Overall Rating:|
|Category:||High Yield Muni|
|Annual Report Expense Ratio (net):||1.42%|
Performance & Risk
|5y Avg Return:||5.89%|
|Rank in Category (ytd):||21|
|% Rank in Category (ytd):||12.65%|
|Morningstar Risk Rating:||2|
The investment seeks to provide a high level of current income exempt from regular federal income tax.
Under normal circumstances, the fund will invest at least 80% of its assets in, or derive at least 80% of its income from, securities that are exempt from regular federal income tax. It may invest, without limitation, in securities that may subject to federal alternative minimum tax. The fund invests a significant portion of its portfolio in municipal bonds rated BBB+ or below. In addition, it may invest significantly in municipal obligations of issuers in the same state, or engaged in the same types of projects or industries. View More