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Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD

Exp Ratio

Watchlist

$12.37

$24.7 B

2.62%

$0.32

0.56%

Vitals

YTD Return

2.7%

1 yr return

-6.5%

3 Yr Avg Return

-2.9%

5 Yr Avg Return

-0.8%

Net Assets

$24.7 B

Holdings in Top 10

3.0%

52 WEEK LOW AND HIGH

$12.4
$11.52
$13.29

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


Name

Price

Aum/Mkt Cap

YIELD

Exp Ratio

Watchlist

$12.37

$24.7 B

2.62%

$0.32

0.56%

AFTEX - Profile

Distributions

  • YTD Total Return 2.7%
  • 3 Yr Annualized Total Return -2.9%
  • 5 Yr Annualized Total Return -0.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.07%
DIVIDENDS
  • Dividend Yield 2.6%
  • 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 2.7% -86.8% 7.5% 31.83%
1 Yr -6.5% -20.9% 15.7% 57.80%
3 Yr -2.9%* -10.3% 52.1% 55.95%
5 Yr -0.8%* -5.0% 29.8% 48.73%
10 Yr -0.6%* -3.2% 13.6% 32.41%

* Annualized

Return Ranking - Calendar

Period AFTEX Return Category Return Low Category Return High Rank in Category (%)
2022 -11.2% -91.1% 101.7% 55.49%
2021 -0.2% -79.2% 102.5% 53.78%
2020 0.7% -66.1% 60.0% 23.93%
2019 1.1% -57.4% 7.6% 33.47%
2018 -0.4% -35.9% 3.2% 40.18%

Total Return Ranking - Trailing

Period AFTEX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.7% -86.8% 7.5% 32.74%
1 Yr -6.5% -20.9% 15.4% 58.29%
3 Yr -2.9%* -10.3% 52.1% 57.11%
5 Yr -0.8%* -5.0% 29.8% 52.73%
10 Yr -0.6%* -3.2% 13.7% 39.61%

* Annualized

Total Return Ranking - Calendar

Period AFTEX Return Category Return Low Category Return High Rank in Category (%)
2022 -11.2% -91.1% 101.7% 55.23%
2021 -0.2% -79.2% 102.5% 53.75%
2020 0.7% -66.1% 60.0% 23.96%
2019 1.1% -57.4% 7.6% 33.81%
2018 -0.4% -35.9% 3.2% 41.83%

NAV & Total Return History


AFTEX - Holdings

Concentration Analysis

AFTEX Category Low Category High AFTEX % Rank
Net Assets 24.7 B 2.87 M 73.9 B 0.42%
Number of Holdings 5544 1 14000 0.59%
Net Assets in Top 10 806 M -317 M 8.64 B 1.50%
Weighting of Top 10 2.96% 2.4% 100.0% 99.54%

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% 66.61%
Cash
1.84% -50.86% 100.00% 32.11%
Stocks
0.00% -0.03% 4.63% 62.66%
Preferred Stocks
0.00% -1.79% 0.04% 60.82%
Other
0.00% -13.03% 30.01% 61.22%
Convertible Bonds
0.00% 0.00% 0.93% 61.32%

Bond Sector Breakdown

Weighting Return Low Return High AFTEX % Rank
Municipal
97.54% 0.00% 100.00% 70.84%
Cash & Equivalents
2.46% 0.00% 100.00% 27.71%
Derivative
0.00% 0.00% 21.68% 61.18%
Securitized
0.00% 0.00% 5.93% 61.63%
Corporate
0.00% 0.00% 9.99% 67.17%
Government
0.00% 0.00% 52.02% 63.95%

Bond Geographic Breakdown

Weighting Return Low Return High AFTEX % Rank
US
97.48% 0.00% 142.23% 50.02%
Non US
0.68% 0.00% 62.14% 47.98%

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% 49.95%
Management Fee 0.18% 0.00% 1.10% 4.91%
12b-1 Fee 0.25% 0.00% 1.00% 51.88%
Administrative Fee 0.05% 0.01% 0.44% 15.13%

Sales Fees

AFTEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 3.75% 0.00% 4.90% 60.92%
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% 63.36%

AFTEX - Distributions

Dividend Yield Analysis

AFTEX Category Low Category High AFTEX % Rank
Dividend Yield 2.62% 0.00% 35.27% 28.59%

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% 43.84%

Capital Gain Distribution Analysis

AFTEX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Distributions 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