American Funds Tax-Exempt Bond’s team is large, seasoned, and collaborative, while the approach is sensible and rooted in research. The strategy's cheapest share classes earn a Morningstar Medalist Rating of Gold, and its more-expensive shares earn Silver, Bronze, and Neutral ratings.
- NAV / 1-Day Return 12.17 / 0.01 %
- Total Assets 22.0 Bil
-
Adj. Expense Ratio
0.220%
- Expense Ratio 0.220%
- Distribution Fee Level Low
- Share Class Type Institutional
- Category Muni National Interm
- Credit Quality / Interest Rate Sensitivity Medium / Moderate
- Min. Initial Investment 1,000,000
- Status Open
- TTM Yield 2.78%
- Effective Duration 6.47 years
Morningstar’s Analysis TFEBX
Will TFEBX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings 0
- Bond Holdings 4948
- Other Holdings 51
- % Assets in Top 10 Holdings 2.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector
United States Treasury Bills 0%
2.11
478,507,923
Government
Cash And Other Assets Less Liablities
0.75
170,551,567
Cash and Equivalents
COLORADO ST ED LN PROG 5%
0.41
92,466,974
Cash and Equivalents
LOS ANGELES CALIF 4%
0.36
81,813,651
Cash and Equivalents
MASSACHUSETTS ST SPL OBLIG DEDICATED TAX REV 5.5%
0.32
72,812,213
municipal
BROOKLYN ARENA LOC DEV CORP N Y PILOT REV 5%
0.31
69,788,770
municipal
SOUTH CAROLINA ST PUB SVCS AUTH REV 4%
0.30
68,989,800
municipal
DETROIT MICH SEW DISP REV 3.794%
0.30
67,761,126
municipal
ARIZONA INDL DEV AUTH REV 3.625%
0.28
62,875,423
municipal
NATIONAL FIN AUTH N H MUN CTFS 4.375%
0.27
60,649,535
municipal