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American Funds Tax-Exempt Bond A (AFTEX)

12.21 0.00 (0.00%)
At close: April 26 at 8:01 PM EDT

Fund Summary

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.

Risk Overview

Morningstar Risk Rating
Best 1Y Total Return 15.24%
Worst 1Y Total Return --
Number of Years Up 37
Number of Years Down 7

Performance & Risk

YTD Return -1.20%
5y Average Return 1.20%
Rank in Category (ytd) 63
% Rank in Category (ytd) --
Beta (5Y Monthly) 0.95
Morningstar Risk Rating

Risk Statistics

3 Years5 Years10 Years
AFTEXCategory AverageAFTEXCategory AverageAFTEXCategory Average
Alpha -0.18 -0 -0.1 -0 -0.03 -0
BETA 0.95 0.01 0.97 0.01 0.96 0.01
Mean Annual Return -0.02 0 0.14 0 0.22 0
R-squared 98.79 0.94 98.29 0.94 98.21 0.94
Standard Deviation 7.11 0.04 6.32 0.04 4.87 0.04
Sharpe Ratio -0.44 0.01 -0.07 0 0.25 0.01
Treynor Ratio -3.56 0.03 -0.67 0.02 1.15 0.03

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