AFTEX : American Funds Tax-Exempt Bond Fund® Class A

AFTEX is a Bond Market Municipal Bond with MODERATE fees.

AFTEX

American Funds Tax-Exempt Bond Fund® Class A

FI Score

79 /100

Expense Ratio Rating

8 /10

Expense Rating

5 /10

Market Score

10 /10

Category Score

8 /10

Market Size

10 /10

79% FI Score
  • aftex
  • Mutual Fund
  • Bond
  • Municipal Bond

American Funds Tax-Exempt Bond Fund® Class A

Expenses: 0.52% (Better than 1% of similar funds)

This is an OK choice for a Municipal Bond Bond fund. See why »

Fund Summary

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.

Largest Holdings

Amount Holding
0.33% MUNICIPAL ELEC AUTH GA 5%
0.30% MASSACHUSETTS ST SPL OBLIG DEDICATED TAX REV 5.5%
0.29% CALIFORNIA ST 5%
0.28% NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 5%
0.26% NEW YORK ST DORM AUTH ST PERS INCOME TAX REV 4%
0.26% LONG ISLAND PWR AUTH N Y ELEC SYS REV 0%
0.25% TAMPA-HILLSBOROUGH CNTY FLA EXP WY AUTH REV 4%
0.24% CALIFORNIA HEALTH FACS FING AUTH REV 5%
0.23% LANSING MICH BRD WTR & LT UTIL SYS REV 5%
0.22% NEW YORK N Y 4%
0.22% UNIVERSITY KANS HOSP AUTH HEALTH FACS REV 5%
0.22% UTAH TRAN AUTH SALES TAX REV 5%
0.22% UNIVERSITY N C CHAPEL HILL REV 1.46%
0.21% NORTH TEX TWY AUTH REV 5%
0.21% WASHINGTON ST HEALTH CARE FACS AUTH REV 5.71%
0.21% LANSING MICH BRD WTR & LT UTIL SYS REV 5%
0.19% BROOKLYN ARENA LOC DEV CORP N Y PILOT REV 5%
0.19% PENNSYLVANIA ST TPK COMMN TPK REV 5%
0.19% NEWPORT NEWS VA INDL DEV AUTH HEALTH SYS REV 5.33%
0.19% ILLINOIS FIN AUTH REV 5%
0.18% ILLINOIS ST TOLL HWY AUTH TOLL HIGHWAY REV 5%
0.18% MIAMI-DADE CNTY FLA WTR & SWR REV 4%
0.18% UNIV PITTSBURGH OF THE COMWLTH SYS OF HIGHER ED PA 4.95%
0.17% NEW JERSEY ST HSG & MTG FIN AGY REV 4.5%
0.17% ILLINOIS FIN AUTH STUDENT HSG REV 6.88%

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