Morningstar

American Funds Limited Term Tax Exempt Bond Fund® Class F-2 LTEFX

Morningstar Medalist Rating
Medalist Rating as of | See Capital Group Investment Hub
  • NAV / 1-Day Return 15.60  /  −0.06 %
  • Total Assets 5.9B
  • Adj. Expense Ratio
    0.370%
  • Expense Ratio 0.370%
  • 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 2.82%
  • Effective Duration 3.80 years

USD | NAV as of Jul 11, 2026 | 1-Day Return as of Jul 11, 2026, 12:11 AM GMT+0

Morningstar’s Analysis LTEFX

Will LTEFX outperform in the 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 LTEFX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the LTEFX 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 LTEFX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A strong choice.

Associate Director Elizabeth Foos

Elizabeth Foos

Associate Director

Summary

With its skilled investors, American Funds Limited-Term Tax-Exempt Bond benefits from a thoughtful and capable investment team that executes a collaborative and robust approach.

by Elizabeth Foos
Rated on Published on

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Portfolio Holdings LTEFX

More LTEFX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 5.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

CONNECTICUT ST HEALTH & EDL FACS AUTH REV 2.55%

0.62 37M
municipal

CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5%

0.58 35M
municipal

TEXAS MUN GAS ACQUISTION & SUPPLY CORP VI GAS SUPPLY REV 5%

0.58 35M
municipal

WISCONSIN ST 5%

0.53 32M
municipal

BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 5%

0.53 32M
municipal

BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 5%

0.52 31M
municipal

MAIN STR NAT GAS INC GA GAS SUPPLY REV 5%

0.51 31M
municipal

BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 4%

0.50 30M
municipal

BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 4%

0.46 28M
municipal

BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 5%

0.46 27M
municipal

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