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Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$11.70

$24.7 B

0.21%

$0.02

0.56%

Vitals

YTD Return

-13.7%

1 yr return

-6.7%

3 Yr Avg Return

0.5%

5 Yr Avg Return

1.8%

Net Assets

$24.7 B

Holdings in Top 10

3.0%

52 WEEK LOW AND HIGH

$11.7
$11.69
$13.64

Expenses

OPERATING FEES

Expense Ratio 0.56%

SALES FEES

Front Load 3.75%

Deferred Load N/A

TRADING FEES

Turnover 21.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$250

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund

Investment Style

Muni National Interm


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$11.70

$24.7 B

0.21%

$0.02

0.56%

AFTEX - Profile

Distributions

  • YTD Total Return -13.7%
  • 3 Yr Annualized Total Return -0.8%
  • 5 Yr Annualized Total Return 1.0%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.07%
DIVIDENDS
  • Dividend Yield 0.2%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    American Funds Tax Exempt Bond Fund®
  • Fund Family Name
    American Funds
  • Inception Date
    Oct 03, 1979
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Karl Zeile

AFTEX - Performance

Return Ranking - Trailing

Period AFTEX Return Category Return Low Category Return High Rank in Category (%)
YTD -13.7% -86.8% 7.5% 57.41%
1 Yr -6.7% -16.3% 15.7% 58.19%
3 Yr 0.5%* -6.2% 10.3% 38.56%
5 Yr 1.8%* -3.5% 5.7% 32.36%
10 Yr 2.6%* -0.6% 8.3% 26.60%

* Annualized

Return Ranking - Calendar

Period AFTEX Return Category Return Low Category Return High Rank in Category (%)
2021 -0.4% -91.1% 101.7% 45.25%
2020 2.2% -79.2% 310.0% 32.31%
2019 4.4% -66.1% 15.4% 21.52%
2018 -2.1% -57.4% 97.2% 53.84%
2017 2.4% -100.0% 6.8% 19.66%

Total Return Ranking - Trailing

Period AFTEX Return Category Return Low Category Return High Rank in Category (%)
YTD -13.7% -86.8% 7.5% 57.16%
1 Yr -10.2% -16.3% 23.6% 85.67%
3 Yr -0.8%* -7.0% 11.5% 81.21%
5 Yr 1.0%* -4.0% 5.7% 60.88%
10 Yr 2.2%* -0.6% 8.3% 38.93%

* Annualized

Total Return Ranking - Calendar

Period AFTEX Return Category Return Low Category Return High Rank in Category (%)
2021 -0.4% -91.1% 101.7% 45.28%
2020 2.2% -79.2% 310.0% 32.34%
2019 4.4% -66.1% 15.4% 22.00%
2018 -2.1% -57.4% 97.2% 55.38%
2017 2.4% -48.8% 7.0% 23.48%

NAV & Total Return History


AFTEX - Holdings

Concentration Analysis

AFTEX Category Low Category High AFTEX % Rank
Net Assets 24.7 B 1.23 M 73.9 B 0.35%
Number of Holdings 5544 1 14000 0.53%
Net Assets in Top 10 806 M -317 M 8.64 B 1.42%
Weighting of Top 10 2.96% 2.4% 100.0% 99.51%

Top 10 Holdings

  1. TEXAS ST 4% 0.55%
  2. LOS ANGELES CALIF 4% 0.41%
  3. COLORADO ST ED LN PROG 1% 0.40%
  4. COLORADO ST ED LN PROG 2.75% 0.39%
  5. EAST BATON ROUGE PARISH LA INC INDL DEV BRD REV 0.08% 0.38%
  6. NEW YORK ST PWR AUTH REV 4% 0.35%
  7. TEXAS MUN GAS ACQUISITION & SUPPLY CORP II GAS SUPPLY REV 0.823% 0.34%
  8. MUNICIPAL ELEC AUTH GA 5% 0.34%
  9. NEW YORK ST DORM AUTH ST PERS INCOME TAX REV 4% 0.30%
  10. NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 0.01% 0.29%

Asset Allocation

Weighting Return Low Return High AFTEX % Rank
Bonds
98.16% 0.00% 150.86% 66.62%
Cash
1.84% -50.86% 100.00% 32.03%
Stocks
0.00% -0.03% 4.63% 74.13%
Preferred Stocks
0.00% -1.79% 0.04% 72.51%
Other
0.00% -13.03% 30.01% 72.69%
Convertible Bonds
0.00% 0.00% 0.93% 73.04%

Bond Sector Breakdown

Weighting Return Low Return High AFTEX % Rank
Municipal
97.54% 0.00% 100.00% 70.86%
Cash & Equivalents
2.46% 0.00% 100.00% 27.45%
Derivative
0.00% 0.00% 21.68% 72.91%
Securitized
0.00% 0.00% 5.93% 73.35%
Corporate
0.00% 0.00% 9.99% 77.80%
Government
0.00% 0.00% 52.02% 75.53%

Bond Geographic Breakdown

Weighting Return Low Return High AFTEX % Rank
US
97.48% 0.00% 142.23% 50.00%
Non US
0.68% 0.00% 62.14% 47.91%

AFTEX - Expenses

Operational Fees

AFTEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.56% 0.02% 3.60% 50.22%
Management Fee 0.18% 0.00% 1.10% 4.93%
12b-1 Fee 0.25% 0.00% 1.00% 53.05%
Administrative Fee 0.05% 0.01% 0.44% 14.76%

Sales Fees

AFTEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 3.75% 0.00% 4.90% 59.88%
Deferred Load N/A 0.25% 5.50% N/A

Trading Fees

AFTEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 1.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

AFTEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 21.00% 0.00% 283.00% 63.32%

AFTEX - Distributions

Dividend Yield Analysis

AFTEX Category Low Category High AFTEX % Rank
Dividend Yield 0.21% 0.00% 35.27% 33.82%

Dividend Distribution Analysis

AFTEX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

AFTEX Category Low Category High AFTEX % Rank
Net Income Ratio 2.07% -0.53% 24.00% 43.79%

Capital Gain Distribution Analysis

AFTEX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Monthly Annually

Dividend Payout History

View More +

AFTEX - Fund Manager Analysis

Managers

Karl Zeile


Start Date

Tenure

Tenure Rank

Dec 30, 2003

18.43

18.4%

Zeile has been employed by Capital and its affiliates since 1999.

Chad Rach


Start Date

Tenure

Tenure Rank

Oct 01, 2016

5.67

5.7%

Primary title with Capital Research and Management Company, Senior Vice President and Capital Fixed Income Investors. Rach is a portfolio manager with Strong, where he started in March 2000 as a fixed income analyst. Prior to this, he was assistant vice president with both Robert W. Baird & Co. and Miller & Schroeder Financial. He also worked as Director of Community Development for the city of Glendale, WI.

Courtney Wolf


Start Date

Tenure

Tenure Rank

Oct 01, 2020

1.66

1.7%

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 35.05 7.22 1.58