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American Funds Tax-Exempt Fund of CA F2 TEFEX

Analyst rating as of
NAV / 1-Day Return
18.34  /  0.12 %
Total Assets
3.1 Bil
Adj. Expense Ratio
0.430%
Expense Ratio
0.430%
Fee Level
Low
Longest Manager Tenure
18.28 years
Category
Muni California Long
Credit Quality / Interest Rate Sensitivity
Medium / Moderate
Min. Initial Investment
1,000
Status
Open
TTM Yield
2.36%
Effective Duration
6.74 years
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Morningstar’s Analysis

Will TEFEX outperform in future?

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

A solid choice for tax-exempt income for California residents.

Senior Analyst

Summary

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The comanagers running American Funds Tax-Exempt Fund of California are supported by a solid analyst team and follow a sensible, research-based approach to build this portfolio. The strategy’s cheapest share class earns a Morningstar Analyst Rating of Silver, while its more expensive shares are rated Bronze and Neutral.

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