TECCX : American Funds Tax-Exempt Fund of California® Class C

TECCX is a Bond Market Municipal Bond with HIGH fees.

TECCX

American Funds Tax-Exempt Fund of California® Class C

FI Score

45 /100

Expense Ratio Rating

2 /10

Expense Rating

0 /10

Market Score

8 /10

Category Score

8 /10

Market Size

8 /10

45% FI Score
  • teccx
  • Mutual Fund
  • Bond
  • Municipal Bond

American Funds Tax-Exempt Fund of California® Class C

Expenses: 1.38% (Better than 0% of similar funds)

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

Fund Summary

The investment seeks a high level of current income exempt from regular federal and California state income taxes; its secondary objective is preservation of capital. The fund seeks to achieve its objectives by primarily investing in municipal bonds issued by the state of California and its agencies and municipalities. It may also invest in municipal securities that are issued by jurisdictions outside California. 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 both regular federal and California income taxes and that do not subject the investors to federal alternative minimum tax.

Largest Holdings

Amount Holding
0.87% BAY AREA TOLL AUTH CALIF TOLL BRDG REV 5%
0.85% CALIFORNIA ST DEPT WTR RES CENT VY PROJ REV 4%
0.76% METROPOLITAN WTR DIST SOUTHN CALIF WTRWRKS REV 0.69%
0.69% CALIFORNIA HSG FIN AGY MUN CTFS 4.25%
0.67% CALIFORNIA ST 4%
0.65% METROPOLITAN WTR DIST SOUTHN CALIF WTRWRKS REV 1.36%
0.64% FRETE 2019-ML05 TR 3.35%
0.62% CALIFORNIA ST 4%
0.51% CALIFORNIA HEALTH FACS FING AUTH REV 4%
0.49% CALIFORNIA ST 5%
0.47% IRVINE CALIF UNI SCH DIST SPL TAX 4%
0.47% CALIFORNIA POLLUTION CTL FING AUTH REV 4.75%
0.46% SACRAMENTO CNTY CALIF SANTN DIST FING AUTH REV 1.59%
0.46% SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 5%
0.44% UNIVERSITY CALIF REVS 5%
0.44% CALIFORNIA STATEWIDE CMNTYS DEV AUTH REV 5%
0.43% CALIFORNIA EDL FACS AUTH REV 5%
0.43% CALIFORNIA STATEWIDE CMNTYS DEV AUTH POLLUTION CTL REV 0.65%
0.42% SAN BUENAVENTURA CALIF REV 7.5%
0.42% CONTRA COSTA CALIF TRANSN AUTH SALES TAX REV 0%
0.41% SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 5%
0.40% GOLDEN ST TOB SECURITIZATION CORP CALIF TOB SETTLEMENT REV 0%
0.40% SAN JOSE CALIF ARPT REV 5%
0.40% CALIFORNIA HEALTH FACS FING AUTH REV 5%
0.40% CALIFORNIA STATEWIDE CMNTYS DEV AUTH STUDENT HSG REV 4.3%

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