American Funds American High-Inc R6 (RITGX) is a publicly traded company in the Financial Services sector, operating within the Asset Management industry. The company is headquartered in Los Angeles, CA, United States.
RITGX has IPO date of 2009-05-01, listed on the NASDAQ, a market capitalization of $27.37B.
American Funds American High-Inc R6 is a fixed income fund that primarily invests in higher-yielding, lower-quality debt securities rated Ba1/BB+ or below by major rating agencies, or unrated securities deemed equivalent in quality by the fund's investment adviser. The fund's portfolio includes corporate loan obligations and may allocate a portion of assets to securities issued by non-U.S. domiciled companies. This strategy targets investors seeking higher income returns while accepting elevated credit risk typical of below-investment-grade debt markets.
