The experienced managers charged with running American Funds Tax-Exempt Bond are supported by a solid analyst team that follows a prudent, research-based approach to build this portfolio. They collaborate well within the muni group and across the broader fixed-income team and display strong and efficient communication and organized succession planning, which earns an upgrade to a High People Pillar rating. The strategy's cheapest share classes now carry Morningstar Analyst Ratings of Gold and Silver, while its more-expensive shares earn a Bronze or Neutral rating.
NAV / 1-Day Return
12.12 / 0.09 %
Adj. Expense Ratio
Longest Manager Tenure
Muni National Interm
Credit Quality / Interest Rate SensitivityMedium / Moderate
Min. Initial Investment
Morningstar’s Fund Analysis TEAFX
Will TEAFX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.