The experienced managers charged with running American Funds Tax-Exempt Fund of California are supported by a solid analyst team that follows a prudent, research-based approach to build this portfolio. They collaborate well and display strong and efficient communication and organized succession planning, which earns a People Pillar rating upgrade to High from Above Average. The strategy's cheapest share classes now carry a Morningstar Analyst Rating of Gold, while its more-expensive shares earn Bronze and Neutral ratings.
NAV / 1-Day Return
15.71 / 0.28 %
Adj. Expense Ratio
Longest Manager Tenure
Muni California Long
Credit Quality / Interest Rate Sensitivity—
Min. Initial Investment
Morningstar’s Fund Analysis TECFX
Will TECFX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.