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American Funds Tax-Exempt Bond A

AFTEX
13.27
+0.00
+0.01%
5/4/2016
5 Years
  • Previous Close

    13.27

  • Net Assets

    8.37B

  • Yield

    3.15%

  • Front load

    3.75

  • Expenses

    0.54%

  • Category

    Muni National Interm

  • Morningstar Risk

    Above Average

  • Morningstar Rating ★★★★
Profile

Name of Issuer

American Funds

Fund Style

Open

Fund Manager

Karl Zeile

Investment Style

-

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.

Purchase Information

Initial Purchase 250
Initial Purchase: IRA 250
Initial Purchase: AIP 0

Inception

10/3/1979

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