American Funds Limited Term Tax-Exempt Bond’s capable, if still fairly new, managers and sizable bench follow an effective, research-based approach. Its cheapest share classes earn a Morningstar Analyst Rating of Bronze, and the rest Neutral and Negative, depending on their respective fees.
- NAV / 1-Day Return 15.06 / 0.06 %
- Total Assets 6.0 Bil
-
Adj. Expense Ratio
1.270%
- Expense Ratio 1.260%
- Distribution Fee Level Below Average
- Share Class Type Level Load
- Category Muni National Short
- Credit Quality / Interest Rate Sensitivity High / Limited
- Min. Initial Investment 250
- Status Open
- TTM Yield 0.85%
- Effective Duration 3.11 years
Morningstar’s Analysis LTXCX
Will LTXCX 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 2142
- Other Holdings 34
- % Assets in Top 10 Holdings 4.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector
DENVER COLO CITY & CNTY ARPT REV 5%
0.57
40,142,970
municipal
LOS ANGELES CALIF 4%
0.57
40,129,320
Cash and Equivalents
BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 4%
0.56
39,366,760
municipal
NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 3.62%
0.53
37,115,000
municipal
CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5%
0.51
35,908,315
municipal
DISTRICT COLUMBIA WTR & SWR AUTH PUB UTIL REV 3.94%
0.47
32,830,000
municipal
MAIN STR NAT GAS INC GA GAS SUPPLY REV 5%
0.45
31,337,437
municipal
CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 4%
0.44
31,118,016
municipal
UNIVERSITY TEX PERM UNIV FD 3.87%
0.43
30,000,000
municipal
CAPITAL AREA HSG FIN CORP TEX MULTI-FAMILY HSG REV 0.41%
0.43
29,753,394
municipal