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.
- NAV / 1-Day Return 15.18 / 0.14 %
- Total Assets 5.6 Bil
-
Adj. Expense Ratio
0.350%
- Expense Ratio 0.350%
- Distribution Fee Level Low
- Share Class Type No Load
- Category Muni National Short
- Credit Quality / Interest Rate Sensitivity Medium / Limited
- Min. Initial Investment 250
- Status Open
- TTM Yield 2.14%
- Effective Duration 3.56 years
Morningstar’s Analysis LTEFX
Will LTEFX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings 0
- Bond Holdings 2040
- Other Holdings 39
- % Assets in Top 10 Holdings 5.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector
Cash And Other Assets Less Liablities
0.80
50,670,566
Cash and Equivalents
MAIN STR NAT GAS INC GA GAS SUPPLY REV 5%
0.63
40,000,888
municipal
BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 4%
0.61
38,516,560
municipal
CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5%
0.61
38,388,484
municipal
DENVER COLO CITY & CNTY ARPT REV 5%
0.58
36,890,140
municipal
PHOENIX ARIZ INDL DEV AUTH SOLID WASTE DISP REV 4.125%
0.57
35,748,369
municipal
TRIBOROUGH BRDG & TUNL AUTH NY REVS 0%
0.50
31,500,000
municipal
LOS ANGELES CALIF 5%
0.48
30,357,240
municipal
CAPITAL AREA HSG FIN CORP TEX MULTI-FAMILY HSG REV 0.41%
0.48
30,208,988
municipal
CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 4%
0.47
29,747,740
municipal