The experienced managers running American Funds Tax-Exempt Bond are supported by a solid analyst team that follows a prudent, research-based approach. The strategy's cheapest share classes earn a Morningstar Analyst Rating of Silver, while its more expensive shares are rated Bronze and Neutral.
Will TEAFX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable TEAFX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the TEAFX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of TEAFX’s parent organization’s priorities and whether they’re in line with investors’ interests.