Skip to Content

American Funds Tax-Exempt Bond F2 TEAFX

Medalist Rating as of | See American Funds Investment Hub
  • NAV / 1-Day Return 12.25  /  +0.01 %
  • Total Assets 23.1 Bil
  • Adj. Expense Ratio
    0.350%
  • Expense Ratio 0.350%
  • Distribution Fee Level Low
  • Share Class Type No Load
  • Category Muni National Interm
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment 250
  • Status Open
  • TTM Yield 2.97%
  • Effective Duration 5.98 years

USD | NAV as of Apr 19, 2024 | 1-Day Return as of Apr 19, 2024, 10:18 PM GMT+0

Morningstar’s Analysis TEAFX

Will TEAFX outperform in future?

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

Manager Change at American Funds Tax-Exempt Bond, Ratings Unchanged

null Elizabeth Foos

Elizabeth Foos

Analyst Note

Capital Group veteran municipal manager Chad Rach will transition out of American Funds Tax-Exempt Bond on Oct. 1, 2023. The firm will publicly name Lee Chu as a portfolio manager at that time. Comanagers Courtney K. Wolf and Karl J. Zeile will remain on the strategy with Chu.

Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings TEAFX

  • Current Portfolio Date
  • Equity Holdings
  • Bond Holdings
  • Other Holdings
  • % Assets in Top 10 Holdings 2.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Bills 0%

1.86 448.1 Mil
Government

DETROIT MICH SEW DISP REV 4.171%

0.33 78.3 Mil
municipal

SOUTH CAROLINA ST PUB SVCS AUTH REV 4%

0.30 71.8 Mil
municipal

BROOKLYN ARENA LOC DEV CORP N Y PILOT REV 5%

0.30 71.5 Mil
municipal

BLACK BELT ENERGY GAS DIST ALA GAS SUPPLY REV 4%

0.29 70.6 Mil
municipal

ARIZONA INDL DEV AUTH REV 3.625%

0.28 67.9 Mil
municipal

LANSING MICH BRD WTR & LT UTIL SYS REV 5%

0.27 65.2 Mil
municipal

LOS ANGELES CALIF 5%

0.25 60.4 Mil
Cash and Equivalents

NATIONAL FIN AUTH N H MUN CTFS 4.375%

0.25 59.6 Mil
municipal

NEW JERSEY ST HSG & MTG FIN AGY REV 5.5%

0.24 57.5 Mil
municipal