# American High-Income Municipal Bond F3 (HIMFX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/himfx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: — · Asset class: Bond - Strategy: Actively Managed · Inception: 2017-01-27 Typically, this fund allocates a minimum of 80% of its assets or generates at least 80% of its income from municipal securities that are exempt from standard federal income tax. However, these holdings may still expose investors to the Alternative Minimum Tax (AMT), with no upper limit on such investments. Furthermore, a significant portion—at least 50% of its portfolio—is dedicated to debt securities rated BBB+ or lower (or Baa1 or lower by Moody's equivalent), or to unrated securities that the investment adviser determines to be of comparable quality. ## Key Facts | Metric | Value | |---|---| | Price | $14.80 | | Expense Ratio | 0.32% | | AUM (All Share Classes) | $14.34B | | NAV | $14.80 | | Holdings Count | — | | Distribution Yield (TTM) | 4.42% | | Annual Distribution (TTM) | $0.65 /share | | Distribution Frequency | Monthly | | 52-Week Range | $14.32 – $15.57 | | Beta | 1.06 | ## Latest Distribution - Amount: $0.0541 /share - Ex-date: 2026-09-30 - Pay date: 2026-10-01 ## Frequently Asked Questions ### What does HIMFX invest in? Typically, this fund allocates a minimum of 80% of its assets or generates at least 80% of its income from municipal securities that are exempt from standard federal income tax. However, these holdings may still expose investors to the Alternative Minimum Tax (AMT), with no upper limit on such investments. Furthermore, a significant portion—at least 50% of its portfolio—is dedicated to debt securities rated BBB+ or lower (or Baa1 or lower by Moody's equivalent), or to unrated securities that the investment adviser determines to be of comparable quality. ### What is the expense ratio of HIMFX? American High-Income Municipal Bond F3 (HIMFX) charges an expense ratio of 0.32%. This is the annual fee deducted from fund assets to cover management and operations. ### What is HIMFX's dividend yield? HIMFX's trailing-twelve-month yield is 4.42%, calculated from the sum of dividends over the past year divided by the current price. ### What is the duration of HIMFX? Effective duration measures HIMFX's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. HIMFX's current duration is published on the fund's factsheet on the issuer's website. ### What is the credit quality of HIMFX? HIMFX's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds. ### What is the yield to maturity of HIMFX? Yield to maturity (YTM) is the total return you'd earn from HIMFX if every bond in the portfolio is held to maturity at the current price. HIMFX's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid. ### Does HIMFX pay a dividend? Yes, American High-Income Municipal Bond F3 (HIMFX) distributes dividends to shareholders. The trailing-twelve-month yield is 4.42%. Full dividend history is on this page. ### How often does HIMFX pay dividends? American High-Income Municipal Bond F3 pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is HIMFX's next ex-dividend date? The most recently announced ex-dividend date for HIMFX was 2026-09-30. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### How much will HIMFX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.32% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does HIMFX charge its expense ratio? The expense ratio is deducted in tiny daily slices from HIMFX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does HIMFX cost more than a fund like VOO? HIMFX is actively managed (current expense ratio 0.32%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether HIMFX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to HIMFX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as HIMFX (0.32%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/himfx - Distribution history: https://www.dividenddata.com/funds/himfx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/himfx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/himfx/expenses - Peer comparison: https://www.dividenddata.com/funds/himfx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.