American Funds Limited Term Tax-Exempt Bond's team is large, seasoned, and collaborative, while the approach is sensible and rooted in research. The team has stabilized after navigating transitions through thoughtful succession planning, and the strategy's People rating has increased to High from Above Average.
American Funds LtdTerm TxEx Bd F2 LTEFX
- NAV / 1-Day Return 15.17 / −0.12 %
- Total Assets 5.5 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.350%
- Distribution Fee Level Below Average
- Share Class Type No Load
- Category Muni National Short
- Credit Quality / Interest Rate Sensitivity Medium/Limited
- Min. Initial Investment 250
- Status Open
- TTM Yield 2.40%
- Effective Duration 3.56 years
USD | NAV as of Jun 07, 2024 | 1-Day Return as of Jun 07, 2024, 10:25 PM GMT+0
Morningstar’s Analysis LTEFX
Will LTEFX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 5.2
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Cash And Other Assets Less Liablities | 0.80 | 50.3 Mil | Cash and Equivalents |
MAIN STR NAT GAS INC GA GAS SUPPLY REV 5% | 0.67 | 42.1 Mil | municipal |
BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 4% | 0.64 | 40.2 Mil | municipal |
CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5% | 0.58 | 36.4 Mil | municipal |
United States Treasury Bills 0% | 0.57 | 35.8 Mil | Government |
CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 4% | 0.54 | 33.7 Mil | municipal |
CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5% | 0.48 | 30.2 Mil | municipal |
LOS ANGELES CALIF 5% | 0.48 | 30.1 Mil | Cash and Equivalents |
TRIBOROUGH BRDG & TUNL AUTH NY REVS 0% | 0.47 | 29.7 Mil | municipal |
MAIN STR NAT GAS INC GA GAS SUPPLY REV 5% | 0.46 | 28.7 Mil | municipal |