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 14.85 / 0.06 %
- Total Assets 5.7 Bil
-
Adj. Expense Ratio
0.600%
- Expense Ratio 0.600%
- Distribution Fee Level Above Average
- Share Class Type No Load
- Category Muni National Short
- Credit Quality / Interest Rate Sensitivity High / Limited
- Min. Initial Investment 250
- Status Open
- TTM Yield 1.73%
- Effective Duration 3.50 years
Morningstar’s Analysis LTXFX
Will LTXFX 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 2111
- Other Holdings 26
- % Assets in Top 10 Holdings 5.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector
MAIN STR NAT GAS INC GA GAS SUPPLY REV 5%
0.62
41,562,281
municipal
UNIVERSITY CALIF REVS 2.95%
0.59
40,000,000
municipal
BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 4%
0.59
39,552,720
municipal
DENVER COLO CITY & CNTY ARPT REV 5%
0.58
39,148,305
municipal
CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5%
0.56
37,885,608
municipal
CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 4%
0.46
31,324,028
municipal
LOS ANGELES CALIF 5%
0.45
30,500,400
municipal
MISSISSIPPI BUSINESS FIN CORP MISS GULF OPPORTUNITY ZONE 3.65%
0.45
30,500,000
municipal
CAPITAL AREA HSG FIN CORP TEX MULTI-FAMILY HSG REV 0.41%
0.44
29,951,891
municipal
NEW YORK N Y 0%
0.44
29,900,000
municipal