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CITEX American Funds American High-Inc 529E Forecast, Technical & Fundamental Analysis

Category HighYieldBond
A.I.Advisor
published Highlights

Industry description

The investment seeks to provide a high level of current income; the secondary investment objective is capital appreciation. 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.
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A.I. Advisor
published General Information

General Information

Category HighYieldBond

Profile
Fundamentals
Details
Category
High Yield Bond
Address
American High Income Trust333 South Hope StreetLos Angeles
Phone
(213) 486-9200
Web
www.americanfunds.com
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CITEX and MutualFunds

Correlation & Price change

A.I.dvisor indicates that over the last year, CITEX has been closely correlated with FAHHX. These tickers have moved in lockstep 100% of the time. This A.I.-generated data suggests there is a high statistical probability that if CITEX jumps, then FAHHX could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To CITEX
1D Price
Change %
CITEX100%
N/A
FAHHX - CITEX
100%
Closely correlated
N/A
FTAHX - CITEX
100%
Closely correlated
N/A
HIGFX - CITEX
99%
Closely correlated
N/A
BHYIX - CITEX
92%
Closely correlated
N/A
BHYSX - CITEX
91%
Closely correlated
N/A
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