American Funds Tax-Exempt Bond Fund® Class A (AFTEX)

Net Asset Value
1 Day
Overall Morningstar Rating
Muni national interm
Style or Category
Sales Expenses
Expense Ratio
Above Average
Morningstar Risk Rating™
Investment Objective The investment seeks a high level of current income exempt from federal income tax- consistent with the preservation of capital. The fund will invest at least 80% of its assets in- or derive at least 80% of its income from- securities that are exempt from regular federal income tax. It will not invest in securities that subject the investors to federal alternative minimum tax. It invests at least 65% in debt securities rated A- or better or A3 or better by Nationally Recognized Statistical Rating Organizations designated by the fund's investment adviser- or unrated but determined by the fund's investment adviser to be of equivalent quality.


1 month+0.86% 3 years+2.75%
3 months+0.71% 5 years+2.70%
1 year+1.80% Since inception+6.37%
Data through --

Peer Comparisonvs. Muni national interm

Performance 5-yr return+2.70%+2.06%
Expense ratio0.53%0.77%
Risk 5 year sharpe ratio0.600.40
Net assets$18.1B$1.8B
Average market cap--$3.7B
Average P/E----
Portfolio turnover20%20%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

Fund familyAmerican Funds
Fund manager & tenureNeil Langberg / 38 Years
Minimal initial investment$250.00
Minimum IRA investment--


Fixed income97.92%
U.S. stock0.00%
International stock0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- 1.13%
-- 0.49%
-- 0.41%
-- 0.41%
-- 0.34%
-- 0.31%
-- 0.30%
-- 0.28%
-- 0.27%
-- 0.27%