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AHIAAX

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1d
1w
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Analysis and statistics

  • Open
    1011.9954$
  • Previous Close
    1011.9954$
  • 52 Week Change
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  • Day Range
    0.00$
  • 52 Week High/Low
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  • Dividend Per Share
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  • Market cap
    --$
  • EPS
    --
  • Beta
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  • Volume
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About

AHIAAX.US represents the American High-Income Advantage Fund Class A shares offered by American Funds. This mutual fund primarily seeks to generate high current income consistent with preservation of capital by investing predominantly in U.S. dollar-denominated high-yield corporate bonds, also known as "junk bonds." As a high-yield fund, it carries a higher level of risk compared to funds that invest in investment-grade bonds due to the greater likelihood of issuers defaulting. The fund's performance is subject to market fluctuations, interest rate changes, and the creditworthiness of the underlying bond issuers.
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Factors

AHIAAX.US represents the American High-Income Advantage Fund, a mutual fund. Market Interest Rates: Rising rates often reduce the fund's appeal, lowering its price.

Credit Spreads: Widening spreads signal higher risk, decreasing the fund's value.

Fund Performance: Strong past performance can attract investors, increasing demand and price.

Economic Growth: Economic expansion usually benefits high-yield bonds, raising fund value.

Investor Sentiment: Positive sentiment increases demand, boosting the fund's price.

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