American Funds Tax-Exempt Bond of California’s team is large, seasoned, and collaborative, while the approach is sensible and rooted in research. The strategy's cheapest share class earns a Morningstar Medalist Rating of Gold, and its more-expensive shares earn Silver, Bronze, and Neutral ratings.
American Funds Tax-Exempt Fund of CA F3 EXCAX
- NAV / 1-Day Return 16.62 / −0.05 %
- Total Assets 2.9 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.290%
- Distribution Fee Level Low
- Share Class Type Institutional
- Category Muni California Long
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 1.0 Mil
- Status Open
- TTM Yield 3.10%
- Effective Duration 6.26 years
USD | NAV as of May 10, 2024 | 1-Day Return as of May 10, 2024, 10:12 PM GMT+0
Morningstar’s Analysis EXCAX
Will EXCAX 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 9.0
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
CALIFORNIA MUN FIN AUTH REV 0% | 1.69 | 49.5 Mil | municipal |
United States Treasury Bills 0% | 1.19 | 34.9 Mil | Government |
CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5% | 1.12 | 32.8 Mil | municipal |
CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 4% | 1.05 | 30.7 Mil | municipal |
PASADENA CALIF CTFS PARTN 3.15% | 1.02 | 29.9 Mil | municipal |
CALIFORNIA STATEWIDE CMNTYS DEV AUTH REV VRDO IAM COML PAPER 3/A2 SER 2009 | 0.93 | 27.2 Mil | Cash and Equivalents |
LOS ANGELES CALIF DEPT WTR & PWR WTRWKS REV 0% | 0.84 | 24.8 Mil | municipal |
CALIFORNIA MUN FIN AUTH REV 0% | 0.78 | 22.8 Mil | municipal |
CALIFORNIA HSG FIN AGY MUN CTFS 3.5% | 0.68 | 20.0 Mil | municipal |
CALIFORNIA HSG FIN AGY MUN CTFS 4% | 0.67 | 19.6 Mil | municipal |