American Funds Tax-Exempt Bond A
(AFTEX)
US Markets Close In1 hr 46 min
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13.09
-0.01
-0.07%
:

Previous Close

13.10

Net Assets

6.91B

Yield

3.43%

Front load

3.75

Expenses

0.56%

Category

Muni National Interm

Morningstar Risk

Above Average

Morningstar Rating ★★★★
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Performance
Returns %
Key statistics
  • Composition
  • Performance
  • Top Holdings
  • Top Rated Funds
  • Fund vs. Category
Quarterly Returns
  • Annual

  • AFTEX

  • Category

    • 2013

    • -2.73%

    • -

    • 2012

    • 8.91%

    • -

    • 2011

    • 10.22%

    • -

    • 2010

    • 2.08%

    • -

    • 2013

    • 2012

    • 2011

      • Q1

      • 0.67%

      • 2.46%

      • 0.18%

      • Q2

      • -3.31%

      • 2.42%

      • 3.93%

      • Q3

      • -0.47%

      • 2.76%

      • 3.68%

      • Q4

      • 0.42%

      • 1.00%

      • 2.11%

      Composition
      Bond Investment Style
      The two dimensions of the Fund Style box measure the average size of companies that have been in the FUND, from the top to bottom, and the average valuation characteristics of the FUND's past stock holdings, from left to right.
      • Name

      • % Portfolio Weight

      • Shares Held

      • Change

        • Texas St Trans 1.5%

        • 2.57

        • 240,400,000

        • 240,400,000

        • Wisconsin St Gen Fd Annual App Genera 6%

        • 0.67

        • 52,960,000

        • 0

        • Colorado St Gen Fd Rev Trans 1.5%

        • 0.60

        • 56,000,000

        • 56,000,000

        • Buckeye Ohio Tob Settlement Fi Toba 6.5%

        • 0.46

        • 51,125,000

        • 0

        • Michigan Tob Settlement Fin Au Tobacc 6%

        • 0.37

        • 43,205,000

        • 0

        • Grand Parkway Transn Corp Tex Toll 5%

        • 0.35

        • 30,800,000

        • 7,750,000

        • Illinois Fin Auth 6.875%

        • 0.34

        • 27,500,000

        • 0

        • Illinois St Toll Hwy Auth 5%

        • 0.33

        • 28,250,000

        • 0

        • Orlando & Orange Cnty Expwy Au Rev Re 5%

        • 0.32

        • 27,350,000

        • 0

        • Colorado Health Facs Auth 5%

        • 0.32

        • 28,265,000

        • 2,265,000

        • Name

        • Rating

        • YTD Return %

          • State Farm Municipal Bond

          • ★★★★★
          • 6.44

          • Virtus Tax-Exempt Bond I

          • ★★★★★
          • 7.99

          • American Funds Tax-Exempt Bond A LW

          • ★★★★★
          • 8.90

          • Vanguard High-Yield Tax-Exempt Adm

          • ★★★★★
          • 10.71

          • SEI Tax-Advantaged Income A (STET)

          • ★★★★★
          • 9.89

          • Hartford Municipal Opportunities A LW

          • ★★★★★
          • 7.30

          • Thornburg Intermediate Municipal Inst

          • ★★★★★
          • 6.68

          • Performance Trust Municipal Bond Instl

          • ★★★★★
          • 11.64

          • Eaton Vance Municipal Opportunities I

          • ★★★★★
          • 13.33

          • Eaton Vance Municipal Opportunities A LW

          • ★★★★★
          • 13.13

          • Name

          • AFTEX

          • Category

            • Expense Ratio

            • 0.56%

            • 0.79%

            • Net Assets

            • 6.91B

            • 471.68M

            • Dividend Yield

            • -

            • 0.00

            • Price/Book

            • -

            • 1.40

            • Price/Sales

            • -

            • 0.65

            • Price/Cash Flow

            • -

            • 5.99

            Profile

            Name of Issuer

            American Funds

            Fund Style

            Open

            Fund Manager

            Karl Zeile

            Investment Style

            -

            The investment seeks to provide with 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 NA
            Initial Purchase: AIP 250
            Front load 3.75
            Back Load 3.75

            Inception

            10/3/1979