American High-Income Trust R-6

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.