Why Invest in American Funds American High-Income F1 Fund (AHTFX)?

American Funds American High-Income F1 Fund ( AHTFX ) seeks high level of current income, with capital appreciation as a secondary goal. AHTFX invests at least 65% of the portfolio in high-yield, high-risk bonds and other similar securities, including preferred stocks. AHTFX may invest up to 25% of assets in common stocks or equity-related securities. AHTFX also invests in intermediate to long-term securities. A team of three portfolio counselors manages AHTFX. They are David C. Barclay, Abner D. Goldstine and Susan M. Tolson.

This High Yield Bond product has a history of positive total returns for over 10 years. Specifically, the fund's returns over the 3, 5 year benchmarks; 3 year 2.4% and 5 year 4.9%. To see how this fund performed compared in its category, and other #1 and #2 Ranked Mutual Funds, please click here .

AHTFX's performance, as of the last filing, when compared to funds in its category was in the top 16% over the past 1 year. This Zacks Rank #2 (Buy) was incepted in February 1988 and is managed by American Funds . AHTFX carries an expense ratio of 0.74% and requires a minimal initial investment of $250.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.