American High Income Municipal Fund Cash Position Weight
AHICX Fund | USD 15.50 0.06 0.39% |
American High Income Municipal fundamentals help investors to digest information that contributes to American High-income's financial success or failures. It also enables traders to predict the movement of American Mutual Fund. The fundamental analysis module provides a way to measure American High-income's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to American High-income mutual fund.
American |
American High Income Municipal Mutual Fund Cash Position Weight Analysis
American High-income's Percentage of fund asset invested in cash equivalents or risk-free instruments. About 40% of all global funds carry cash on their balance sheet.
Current American High-income Cash Position Weight | 1.95 % |
Most of American High-income's fundamental indicators, such as Cash Position Weight, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, American High Income Municipal is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Funds or ETFs that have over 40% of their value invested in low-risk instruments or cash equivalents typically attract conservative investors.
Competition |
In accordance with the recently published financial statements, American High Income Municipal has 1.95% in Cash Position Weight. This is 70.41% lower than that of the American Funds family and significantly higher than that of the High Yield Muni category. The cash position weight for all United States funds is notably lower than that of the firm.
American Cash Position Weight Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses American High-income's direct or indirect competition against its Cash Position Weight to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of American High-income could also be used in its relative valuation, which is a method of valuing American High-income by comparing valuation metrics of similar companies.American High is currently under evaluation in cash position weight among similar funds.
Fund Asset Allocation for American High-income
The fund invests most of its assets under management in various types of exotic instruments, with the rest of asset invested in stocks, cash and bonds.Asset allocation divides American High-income's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
American Fundamentals
Total Asset | 125.92 M | ||||
Annual Yield | 0 % | ||||
Year To Date Return | 5.92 % | ||||
One Year Return | 11.66 % | ||||
Three Year Return | (0.07) % | ||||
Five Year Return | 1.67 % | ||||
Ten Year Return | 4.42 % | ||||
Net Asset | 9.7 B | ||||
Cash Position Weight | 1.95 % | ||||
Equity Positions Weight | 0.15 % | ||||
Bond Positions Weight | 5.86 % |
About American High-income Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze American High Income Municipal's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of American High-income using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of American High Income Municipal based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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American High-income financial ratios help investors to determine whether American Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in American with respect to the benefits of owning American High-income security.
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