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American Funds American High-Inc 529A (CITAX)

9.61 0.00 (0.00%)
At close: May 17 at 8:00 PM EDT

Fund Summary

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.

Risk Overview

Morningstar Risk Rating
Best 1Y Total Return 48.35%
Worst 1Y Total Return --
Number of Years Up 17
Number of Years Down 4

Performance & Risk

YTD Return 3.54%
5y Average Return 4.71%
Rank in Category (ytd) 21
% Rank in Category (ytd) --
Beta (5Y Monthly) 0.83
Morningstar Risk Rating

Risk Statistics

3 Years5 Years10 Years
CITAXCategory AverageCITAXCategory AverageCITAXCategory Average
Alpha 4.88 0.03 3.96 0.04 2.72 0.04
BETA 0.83 0.01 0.77 0 0.66 0
Mean Annual Return 0.22 0.01 0.37 0.01 0.34 0
R-squared 59.62 0.04 28.34 0.05 18.59 0.04
Standard Deviation 7.89 0.09 9.05 0.07 7.5 0.07
Sharpe Ratio -0.05 0.01 0.25 0.01 0.35 0.01
Treynor Ratio -0.89 0.11 2.52 0.11 3.55 0.12

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