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Morningstar

American Funds Shrt-Term Tx-Exmpt Bd F2 ASTFX

Morningstar Medalist Rating
Medalist Rating as of | See American Funds Investment Hub
  • NAV / 1-Day Return 9.84  /  +0.01 %
  • Total Assets 1.8 Bil
  • Adj. Expense Ratio
    0.320%
  • Expense Ratio 0.320%
  • Distribution Fee Level Low
  • Share Class Type No Load
  • Category Muni National Short
  • Credit Quality / Interest Rate Sensitivity High/Limited
  • Min. Initial Investment 250
  • Status Open
  • TTM Yield 2.35%
  • Effective Duration 2.43 years

USD | NAV as of Apr 23, 2024 | 1-Day Return as of Apr 23, 2024, 10:14 PM GMT+0

Morningstar’s Analysis ASTFX

Will ASTFX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable ASTFX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the ASTFX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of ASTFX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A strong management team and sound investment process underpin American Funds Shrt-Term Tx-Exmpt Bd F2's Morningstar Medalist Rating of Silver.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a cost advantage over competitors, priced within the second-lowest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings ASTFX

More ASTFX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 6.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

PENNSYLVANIA ECONOMIC DEV FING AUTH SOLID WASTE DISP REV 4.6%

0.87 17.7 Mil
municipal

TRIBOROUGH BRDG & TUNL AUTH NY REVS 0%

0.74 15.1 Mil
municipal

BLACK BELT ENERGY GAS DIST ALA GAS SUPPLY REV 4%

0.70 14.1 Mil
municipal

MINNESOTA MUN GAS AGY COMMODITY SUPPLY REV 4%

0.66 13.3 Mil
municipal

PEFA INC IOWA GAS PROJ REV 5%

0.64 13.1 Mil
municipal

CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK REV 3.95%

0.64 12.9 Mil
municipal

NEW YORK N Y 5%

0.64 12.9 Mil
municipal

NEW YORK N Y 5%

0.63 12.8 Mil
municipal

ARIZONA INDL DEV AUTH HOSP REV 0%

0.62 12.5 Mil
municipal

PHOENIX ARIZ INDL DEV AUTH HEALTH CARE FACS REV 0%

0.62 12.5 Mil
municipal