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Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$13.52

$27.6 B

0.18%

$0.02

0.50%

Vitals

YTD Return

-0.7%

1 yr return

3.3%

3 Yr Avg Return

4.8%

5 Yr Avg Return

3.1%

Net Assets

$27.6 B

Holdings in Top 10

2.8%

52 WEEK LOW AND HIGH

$13.5
$13.38
$13.79

Expenses

OPERATING FEES

Expense Ratio 0.50%

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

$13.52

$27.6 B

0.18%

$0.02

0.50%

AFTEX - Profile

Distributions

  • YTD Total Return -0.7%
  • 3 Yr Annualized Total Return 3.5%
  • 5 Yr Annualized Total Return 2.4%
  • 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 -0.7% -88.5% 99.9% 36.34%
1 Yr 3.3% -20.5% 20.4% 39.00%
3 Yr 4.8%* -6.2% 10.4% 30.35%
5 Yr 3.1%* -3.5% 6.8% 24.62%
10 Yr 4.0%* -0.2% 8.7% 28.17%

* Annualized

Return Ranking - Calendar

Period AFTEX Return Category Return Low Category Return High Rank in Category (%)
2020 2.2% -91.1% 310.0% 23.55%
2019 4.4% -79.8% 15.4% 26.93%
2018 -2.1% -72.6% 97.2% 35.62%
2017 2.4% -100.0% 7.6% 25.91%
2016 -2.7% -35.9% 96.8% 41.69%

Total Return Ranking - Trailing

Period AFTEX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.7% -88.5% 100.0% 36.42%
1 Yr -0.5% -24.2% 24.2% 70.26%
3 Yr 3.5%* -7.0% 11.7% 58.82%
5 Yr 2.4%* -4.0% 6.8% 46.21%
10 Yr 3.6%* -0.6% 8.7% 36.84%

* Annualized

Total Return Ranking - Calendar

Period AFTEX Return Category Return Low Category Return High Rank in Category (%)
2020 2.2% -91.1% 310.0% 23.55%
2019 4.4% -79.8% 15.4% 27.35%
2018 -2.1% -72.6% 11.0% 37.04%
2017 2.4% -100.0% 7.6% 29.51%
2016 -2.7% -35.9% 3.0% 45.01%

NAV & Total Return History


AFTEX - Holdings

Concentration Analysis

AFTEX Category Low Category High AFTEX % Rank
Net Assets 27.6 B 878 K 87.9 B 0.35%
Number of Holdings 5369 1 12437 0.45%
Net Assets in Top 10 794 M -308 M 3.88 B 1.68%
Weighting of Top 10 2.80% 2.3% 100.0% 99.63%

Top 10 Holdings

  1. TEXAS ST 4% 0.55%
  2. COLORADO ST ED LN PROG 2.75% 0.39%
  3. EAST BATON ROUGE PARISH LA INC INDL DEV BRD REV 0.08% 0.38%
  4. NEW YORK ST PWR AUTH REV 4% 0.37%
  5. TEXAS MUN GAS ACQUISITION & SUPPLY CORP II GAS SUPPLY REV 0.766% 0.35%
  6. MUNICIPAL ELEC AUTH GA 5% 0.34%
  7. NEW YORK ST DORM AUTH ST PERS INCOME TAX REV 4% 0.32%
  8. LOS ANGELES CALIF 4% 0.30%
  9. NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 0.01% 0.29%
  10. NATIONAL FIN AUTH N H MUN CTFS 4.125% 0.28%

Asset Allocation

Weighting Return Low Return High AFTEX % Rank
Bonds
97.92% 46.14% 145.79% 69.86%
Cash
2.08% -45.79% 53.86% 29.41%
Stocks
0.00% -1.11% 3.02% 72.11%
Preferred Stocks
0.00% -3.40% 1.04% 71.08%
Other
0.00% -9.70% 30.00% 71.90%
Convertible Bonds
0.00% -0.02% 0.75% 72.27%

Bond Sector Breakdown

Weighting Return Low Return High AFTEX % Rank
Municipal
97.92% 46.14% 100.00% 67.80%
Cash & Equivalents
2.08% 0.00% 53.86% 30.19%
Derivative
0.00% 0.00% 1.12% 72.31%
Securitized
0.00% 0.00% 8.03% 72.72%
Corporate
0.00% 0.00% 11.97% 76.89%
Government
0.00% 0.00% 50.79% 74.44%

Bond Geographic Breakdown

Weighting Return Low Return High AFTEX % Rank
US
97.12% 0.00% 141.11% 53.87%
Non US
0.80% 0.00% 100.00% 46.13%

AFTEX - Expenses

Operational Fees

AFTEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.50% 0.04% 4.23% 57.90%
Management Fee 0.18% 0.00% 1.60% 4.78%
12b-1 Fee 0.25% 0.00% 1.00% 53.11%
Administrative Fee 0.05% 0.01% 0.47% 13.05%

Sales Fees

AFTEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 3.75% 0.00% 5.75% 56.87%
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% 314.00% 56.25%

AFTEX - Distributions

Dividend Yield Analysis

AFTEX Category Low Category High AFTEX % Rank
Dividend Yield 0.18% 0.00% 35.27% 72.90%

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% 55.79%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

AFTEX - Fund Manager Analysis

Managers

Karl Zeile


Start Date

Tenure

Tenure Rank

Dec 30, 2003

17.76

17.8%

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

Chad Rach


Start Date

Tenure

Tenure Rank

Oct 01, 2016

5.0

5.0%

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

1.0

1.0%

Tenure Analysis

Category Low Category High Category Average Category Mode
0.06 36.52 7.21 0.91