With its skilled investors, American Funds Tax-Exempt Bond’s collaborative and robust approach merits a Process rating upgrade to High from Above Average.
American Funds Tax-Exempt Bond F2 TEAFX
- NAV / 1-Day Return 12.39 / +0.18 %
- Total Assets 23.5 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.350%
- Distribution Fee Level Low
- Share Class Type No Load
- Category Muni National Interm
- Credit Quality / Interest Rate Sensitivity Medium/Moderate
- Min. Initial Investment 250
- Status Open
- TTM Yield 3.03%
- Effective Duration 5.98 years
USD | NAV as of Jul 05, 2024 | 1-Day Return as of Jul 05, 2024, 10:22 PM GMT+0
Morningstar’s Analysis TEAFX
Will TEAFX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 2.7
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
United States Treasury Bills 0% | 1.86 | 447.9 Mil | Government |
Cash And Other Assets Less Liablities | 0.49 | 116.9 Mil | Cash and Equivalents |
DETROIT MICH SEW DISP REV 4.171% | 0.32 | 78.1 Mil | municipal |
BROOKLYN ARENA LOC DEV CORP N Y PILOT REV 5% | 0.30 | 71.9 Mil | municipal |
BLACK BELT ENERGY GAS DIST ALA GAS SUPPLY REV 4% | 0.30 | 71.5 Mil | municipal |
SOUTH CAROLINA ST PUB SVCS AUTH REV 4% | 0.29 | 69.7 Mil | municipal |
ARIZONA INDL DEV AUTH REV 3.625% | 0.28 | 68.1 Mil | municipal |
LANSING MICH BRD WTR & LT UTIL SYS REV 5% | 0.27 | 65.1 Mil | municipal |
LOS ANGELES CALIF 5% | 0.25 | 60.2 Mil | Cash and Equivalents |
NATIONAL FIN AUTH N H MUN CTFS 4.375% | 0.25 | 59.3 Mil | municipal |