The comanagers running American Funds Tax-Exempt Bond are experienced and supported by a solid analyst team that follows a sensible, research-based approach. The strategy’s cheapest share class earns a Morningstar Analyst Rating of Silver, while its more expensive shares earn Bronze and Neutral ratings.
Will AFTFX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable AFTFX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the AFTFX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of AFTFX’s parent organization’s priorities and whether they’re in line with investors’ interests.