American Mutual Fund Quote

RTEHX -  USA Fund  

USD 10.52  0.01  0.1%

American High-Income is trading at 10.52 as of the 24th of October 2021; that is -0.1 percent decrease since the beginning of the trading day. The fund's open price was 10.53. American High-Income has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for American High-Income Trust are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of September 2021 and ending today, the 24th of October 2021. Click here to learn more.
 Market Performance
0 of 100
  Odds Of Distress
Less than 1
The investment seeks to provide a high level of current income the secondary investment objective is capital appreciation. American High-Income is traded on NASDAQ Exchange in the United States.. More on American High-Income Trust

American High-Income Mutual Fund Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. American High-Income's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding American High-Income or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
American High-Income generated a negative expected return over the last 90 days
American High-Income is unlikely to experience financial distress in the next 2 years
The fund maintains about 5.63% of its assets in cash
Legal NameAmerican High-Income Trust
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of American High-Income's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Cautious HoldFairly Valued
Beta In Three Year0.37
Startdate1st of December 2003
American High-Income Trust [RTEHX] is traded in USA and was established 24th of October 2021. The fund is listed under High Yield Bond category and is part of American Funds family. American High-Income at this time has accumulated 19.41 B in assets with minimum initial investment of 250. , while the total return for the last 3 years was 1.15%.
Check American High-Income Probability Of Bankruptcy

Instrument Allocation

Sector Allocation (%)

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on American Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding American High-Income , and the less return is expected.

Top American High-Income Trust Constituents

American High-Income Target Price Odds Analysis

What are American High-Income's target price odds to finish over the current price? Based on a normal probability distribution, the odds of American High-Income jumping above the current price in 90 days from now is about 59.61%. The American High-Income Trust probability density function shows the probability of American High-Income mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon American High-Income has a beta of 0.0842 indicating as returns on the market go up, American High-Income average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding American High-Income Trust will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. American High-Income is significantly underperforming DOW.
 Odds Down 10.52HorizonTargetOdds Up 10.52 
37.94%90 days
Based on a normal probability distribution, the odds of American High-Income to move above the current price in 90 days from now is about 59.61 (This American High-Income Trust probability density function shows the probability of American Mutual Fund to fall within a particular range of prices over 90 days) .

American High-Income Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. American High-Income market risk premium is the additional return an investor will receive from holding American High-Income long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in American High-Income. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although American High-Income's alpha and beta are two of the key measurements used to evaluate American High-Income's performance over the market, the standard measures of volatility play an important role as well.

American High-Income Against Markets

Picking the right benchmark for American High-Income mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in American High-Income mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for American High-Income is critical whether you are bullish or bearish towards American High-Income Trust at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in American High-Income without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Additionally, take a look at Your Equity Center. Note that the American High-Income information on this page should be used as a complementary analysis to other American High-Income's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..

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When running American High-Income price analysis, check to measure American High-Income's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy American High-Income is operating at the current time. Most of American High-Income's value examination focuses on studying past and present price action to predict the probability of American High-Income's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move American High-Income's price. Additionally, you may evaluate how the addition of American High-Income to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between American High-Income's value and its price as these two are different measures arrived at by different means. Investors typically determine American High-Income value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, American High-Income's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.