With its skilled investors, American Funds Tax-Exempt Bond of California’s collaborative and robust approach merits a Process rating upgrade to High from Above Average.
American Funds Tax-Exempt Fund of CA F2 TEFEX
- NAV / 1-Day Return 17.07 / +0.01 %
- Total Assets 3.2 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.380%
- Distribution Fee Level Low
- Share Class Type No Load
- Category Muni California Long
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 2.98%
- Effective Duration 6.31 years
USD | NAV as of Oct 02, 2024 | 1-Day Return as of Oct 02, 2024, 10:28 PM GMT+0
Morningstar’s Analysis TEFEX
Will TEFEX 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 8.0
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
United States Treasury Bills 0% | 1.16 | 34.9 Mil | Government |
CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5% | 1.08 | 32.6 Mil | municipal |
LOS ANGELES CALIF 5% | 1.01 | 30.4 Mil | municipal |
PASADENA CALIF CTFS PARTN 3.35% | 0.99 | 29.9 Mil | municipal |
CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 4% | 0.98 | 29.6 Mil | municipal |
CALIFORNIA STATEWIDE CMNTYS DEV AUTH REV VRDO IAM COML PAPER 3/A2 SER 2009 | 0.90 | 27.3 Mil | Cash and Equivalents |
LOS ANGELES CALIF DEPT WTR & PWR WTRWKS REV 4.58% | 0.85 | 25.5 Mil | municipal |
BAY AREA TOLL AUTH CALIF TOLL BRDG REV 4.55% | 0.83 | 25.0 Mil | municipal |
CALIFORNIA MUN FIN AUTH REV 4.55% | 0.73 | 22.1 Mil | municipal |
CALIFORNIA HSG FIN AGY MUN CTFS 3.5% | 0.67 | 20.2 Mil | municipal |