Dow Down 0.10% Nasdaq Up 0.38%

American Funds TaxExempt Bond F2 (TEAFX)

13.05 Up 0.01(0.08%) Nov 25
Prev Close:13.05
YTD Return*:8.95%
Net Assets*:9.49B

* As of 31-Oct-14

Quotes delayed, except where indicated otherwise. Currency in USD.


  • No Headlines available for TEAFX at this time.

Top Holdings

Symbol% AssetsYTD Return %
Wisconsin St Gen Fd Annual App Genera 6%0.67N/A
Buckeye Ohio Tob Settlement Fi Toba 6.5%0.46N/A
Michigan Tob Settlement Fin Au Tobacc 6%0.37N/A
Grand Parkway Transn Corp Tex Toll 5%0.35N/A
Illinois Fin Auth 6.875%0.34N/A

Fund Basics

Morningstar Overall Rating:
Total Assets:9.49B
Category:Muni National Interm
Annual Report Expense Ratio (net):0.42%

Performance & Risk

YTD Return:8.95%
5y Avg Return:5.74%
Rank in Category (ytd):6
% Rank in Category (ytd):2.05%
Beta (3y):1.07
Morningstar Risk Rating:4

Fund Summary

The investment seeks to provide with a high level of current income exempt from federal income tax, consistent with the preservation of capital. The fund will invest at least 80% of its assets in, or derive at least 80% of its income from, securities that are exempt from regular federal income tax. It will not invest in securities that subject the investors to federal alternative minimum tax. It invests at least 65% in debt securities rated A- or better or A3 or better by Nationally Recognized Statistical Rating Organizations designated by the fund's investment adviser, or unrated but determined by the fund's investment adviser to be of equivalent quality. View More
Your browser doesn't support canvas
Submit Feedback