LTEBX : American Funds Limited Term Tax Exempt Bond Fund® Class A

LTEBX is a Bond Market Municipal Bond with MODERATE fees.

LTEBX

American Funds Limited Term Tax Exempt Bond Fund® Class A

FI Score

71 /100

Expense Ratio Rating

7 /10

Expense Rating

4 /10

Market Score

9 /10

Category Score

8 /10

Market Size

9 /10

71% FI Score
  • ltebx
  • Mutual Fund
  • Bond
  • Municipal Bond

American Funds Limited Term Tax Exempt Bond Fund® Class A

Expenses: 0.59% (Better than 1% of similar funds)

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

Fund Summary

The investment seeks to provide current income exempt from regular federal income tax, consistent with the maturity and quality standards, and to preserve 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 and that do not subject the investors to federal alternative minimum tax. It invests primarily in debt securities rated A- or better or A3 or better, or unrated but determined by the fund's investment adviser to be of equivalent quality. The dollar-weighted average effective maturity of the fund's portfolio is between three and 10 years.

Largest Holdings

Amount Holding
1.11% SOUTH CAROLINA JOBS-ECONOMIC DEV AUTH HOSP REV 1.1%
0.55% CONNECTICUT ST HEALTH & EDL FACS AUTH REV 1.1%
0.51% NEW YORK N Y 5%
0.48% UTAH ST 5%
0.45% ILLINOIS ST 5%
0.43% PENNSYLVANIA ECONOMIC DEV FING AUTH SOLID WASTE DISP REV 1.35%
0.42% METROPOLITAN TRANSN AUTH N Y REV 4%
0.42% NORTH DAKOTA HSG FIN AGY HOMEOWNERSHIP REV 3.5%
0.42% GEORGIA ST 5%
0.42% WISCONSIN HSG & ECONOMIC DEV AUTH HOME OWNERSHIP REV 4.25%
0.41% MICHIGAN FIN AUTH REV 5%
0.40% MICHIGAN ST HSG DEV AUTH SINGLE FAMILY MTG REV 4.25%
0.40% METROPOLITAN WTR DIST SOUTHN CALIF WTRWRKS REV 5%
0.39% GREATER ORLANDO AVIATION AUTH ORLANDO FLA ARPT FACS REV 5%
0.39% DENVER COLO CITY & CNTY ARPT REV 5%
0.34% MAIN STR NAT GAS INC GA GAS SUPPLY REV 4%
0.33% MINNESOTA ST 5%
0.33% NATIONAL FIN AUTH N H EXEMPT FACS REV 2%
0.33% NEW YORK ST DORM AUTH ST PERS INCOME TAX REV 5%
0.33% WASHINGTON ST HEALTH CARE FACS AUTH REV 5.71%
0.33% VIRGINIA COLLEGE BLDG AUTH VA EDL FACS REV 4.5%
0.32% MINNESOTA ST 5%
0.32% MICHIGAN ST HSG DEV AUTH SINGLE FAMILY MTG REV 3.5%
0.31% NORTH TEX TWY AUTH REV 5%
0.31% NEW YORK ST DORM AUTH SALES TAX REV ST SUPPORTED DEBT 5%

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