LTXCX : American Funds Limited Term Tax Exempt Bond Fund® Class C

LTXCX is a Bond Market Municipal Bond with HIGH fees.

LTXCX

American Funds Limited Term Tax Exempt Bond Fund® Class C

FI Score

48 /100

Expense Ratio Rating

2 /10

Expense Rating

0 /10

Market Score

9 /10

Category Score

8 /10

Market Size

9 /10

48% FI Score
  • ltxcx
  • Mutual Fund
  • Bond
  • Municipal Bond

American Funds Limited Term Tax Exempt Bond Fund® Class C

Expenses: 1.33% (Better than 0% of similar funds)

This is a bad 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%

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