American High-Income Trust R-6 (RITGX)
American High-Income Trust R-6 operates in the Asset Management industry of the Financial Services sector, headquartered in Los Angeles, CA, US. The stock last traded at $9.51, down 0.11% on the session, giving a market capitalisation of $27.96B. Its beta of 0.65 implies it has historically moved less than the broad market.
The fund primarily allocates its capital to fixed-income instruments that offer higher income potential but are generally of a lower credit quality. This encompasses debt securities rated Ba1 / BB+ or below by nationally recognized statistical rating organizations, or those that are unrated but the investment adviser determines to be of comparable quality. Corporate loan obligations are a key type of security held. Additionally, the fund may commit a segment of its assets to securities issued by companies located outside the United States.
American High-Income Trust R-6 is most often compared with the following Financial Services names: