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

13.02
Net Asset Value
0.00%
1 Day
+2.20%
Year-to-Date
Overall Morningstar Rating
Muni national interm
Style or Category
3.75
Sales Expenses
0.53%
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.

Performance

1 month-0.05% 3 years+3.12%
3 months+0.83% 5 years+2.85%
1 year+4.67% Since inception+6.47%
Data through --

Peer Comparisonvs. Muni national interm

 AFTEXCategory
Performance 5-yr return+2.85%+2.36%
Expense ratio0.53%0.78%
Risk 5 year sharpe ratio0.780.60
Net assets$14.5B$1.9B
Average market cap--$375.6M
Average P/E----
Portfolio turnover20%20%

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Fund Management and Purchase Info

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

Holdings

Fixed income99.19%
Cash0.81%
U.S. stock0.00%
International stock0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- 1.00%
-- 0.39%
-- 0.35%
-- 0.34%
-- 0.34%
-- 0.31%
-- 0.30%
-- 0.29%
-- 0.28%
-- 0.28%