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Trending ETFs

American Funds Tax Exempt Bond Fund®

mutual fund
AFTEX
Dividend policy
Suspended
Price as of:
$13.62 +0.01 +0%
primary theme
Municipal Bond
share class
A (AFTEX) Primary C (TEBCX) Other (AFTFX) Other (TEAFX) Inst (TFEBX)
AFTEX (Mutual Fund)

American Funds Tax Exempt Bond Fund®

Dividend policy
Suspended
Price as of:
$13.62 +0.01 +0%
primary theme
Municipal Bond
share class
A (AFTEX) Primary C (TEBCX) Other (AFTFX) Other (TEAFX) Inst (TFEBX)
AFTEX (Mutual Fund)
American Funds Tax Exempt Bond Fund®
Dividend policy
Suspended
Price as of:
$13.62 +0.01 +0%
primary theme
Municipal Bond
share class
() () () () ()

AFTEX - Snapshot

Vitals

  • YTD Return 0.0%
  • 3 Yr Annualized Return 4.2%
  • 5 Yr Annualized Return 3.7%
  • Net Assets $24.5 B
  • Holdings in Top 10 2.5%

52 WEEK LOW AND HIGH

$13.61
$12.24
$13.73

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.52%

SALES FEES

  • Front Load 3.75%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 24.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $250
  • IRA N/A

Fund Classification

  • Primary Theme Municipal Bond
  • Fund Type Open End Mutual Fund
  • Investment Style Muni National Interm

Compare AFTEX to Popular Municipal Bond Funds

Overview

Next Dividend

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Dividend.com Ratings*

Vanguard Intermediate-Term Tax-Exempt Fund

Fund

$14.85

+0.07%

$81.84 B

-

$0.00

blocked
blocked
blocked

-0.07%

-

Vanguard Limited Term Tax Exempt Fund

Fund

$11.26

0.00%

$33.32 B

-

$0.00

blocked
blocked
blocked

0.00%

-

American Funds Tax Exempt Bond Fund®

Fund

$13.62

+0.07%

$24.55 B

-

$0.00

blocked
blocked
blocked

0.00%

-

Vanguard Short Term Tax Exempt Fund

Fund

$15.95

0.00%

$20.79 B

-

$0.00

blocked
blocked
blocked

0.00%

-

Vanguard California Intermediate Term Tax Exempt Fund

Fund

$12.33

-0.08%

$18.15 B

-

$0.00

blocked
blocked
blocked

-0.24%

-

Compare AFTEX to Popular Municipal Bond ETFs

Overview

Next Dividend

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Dividend.com Ratings*

Vanguard Tax-Exempt Bond Fund

VTEB | ETF

$55.07

0.00%

$11.00 B

1.99%

$1.10

blocked
blocked
blocked

-0.22%

-

SPDR® Nuveen Bloomberg Barclays Short Term Municipal Bond ETF

SHM | ETF

$49.74

0.00%

$4.39 B

1.16%

$0.58

blocked
blocked
blocked

-0.10%

-

SPDR® Nuveen Bloomberg Barclays Municipal Bond ETF

TFI | ETF

$52.24

-0.13%

$3.36 B

1.92%

$1.00

blocked
blocked
blocked

-0.48%

-

Invesco Taxable Municipal Bond ETF

BAB | ETF

$33.35

-0.03%

$2.34 B

2.97%

$0.99

blocked
blocked
blocked

-0.45%

-

First Trust Managed Municipal ETF

FMB | ETF

$56.74

-0.04%

$1.86 B

2.18%

$1.24

blocked
blocked
blocked

0.02%

-

AFTEX - Profile

Distributions

  • YTD Total Return 0.0%
  • 3 Yr Annualized Total Return 2.9%
  • 5 Yr Annualized Total Return 2.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.46%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    American Funds Tax Exempt Bond Fund®
  • Fund Family Name
    American Funds
  • Inception Date
    Oct 03, 1979
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Karl Zeile

AFTEX - Performance

Return Ranking - Trailing

Period AFTEX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.0% -0.9% 1.0% 45.00%
1 Yr 4.7% -1.0% 10.1% 27.41%
3 Yr 4.2%* -0.4% 9.8% 31.03%
5 Yr 3.7%* -0.3% 7.8% 25.18%
10 Yr 4.7%* -0.1% 10.2% 25.43%

* Annualized

Return Ranking - Calendar

Period AFTEX Return Category Return Low Category Return High Rank in Category (%)
2020 2.2% -2.8% 310.0% 27.48%
2019 4.4% -0.3% 15.4% 28.72%
2018 -2.1% -10.3% 97.2% 46.48%
2017 2.4% -100.0% 7.6% 25.40%
2016 -2.7% -7.9% 96.8% 43.95%

Total Return Ranking - Trailing

Period AFTEX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.0% -0.9% 1.0% 45.00%
1 Yr 0.8% -5.0% 10.1% 80.74%
3 Yr 2.9%* -2.4% 9.8% 67.51%
5 Yr 2.9%* -1.4% 7.8% 51.31%
10 Yr 4.3%* -0.1% 10.2% 34.19%

* Annualized

Total Return Ranking - Calendar

Period AFTEX Return Category Return Low Category Return High Rank in Category (%)
2020 2.2% -2.8% 310.0% 27.48%
2019 4.4% -0.3% 15.4% 29.26%
2018 -2.1% -10.3% 11.0% 49.02%
2017 2.4% -100.0% 7.6% 30.38%
2016 -2.7% -7.9% 3.0% 48.78%

NAV & Total Return History

AFTEX - Holdings

Concentration Analysis

AFTEX Category Low Category High AFTEX % Rank
Net Assets 24.5 B 582 K 81.8 B 0.51%
Number of Holdings 4858 3 10805 0.79%
Net Assets in Top 10 627 M -199 M 4.13 B 3.44%
Weighting of Top 10 2.54% 2.5% 100.0% 99.89%

Top 10 Holdings

  1. MUNICIPAL ELEC AUTH GA 5% 0.34%
  2. TEXAS ST 4% 0.31%
  3. MASSACHUSETTS ST SPL OBLIG DEDICATED TAX REV 5.5% 0.28%
  4. NEW YORK ST DORM AUTH ST PERS INCOME TAX REV 4% 0.28%
  5. NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 5% 0.27%
  6. BROOKLYN ARENA LOC DEV CORP N Y PILOT REV 5% 0.26%
  7. LONG ISLAND PWR AUTH N Y ELEC SYS REV 0.87% 0.25%
  8. TEXAS ST 4% 0.25%
  9. NATIONAL FIN AUTH N H MUN CTFS 4.12% 0.24%
  10. CALIFORNIA HEALTH FACS FING AUTH REV 5% 0.23%

Asset Allocation

Weighting Return Low Return High AFTEX % Rank
Bonds 		98.40% 15.80% 147.66% 58.34%
Cash 		1.59% -47.66% 84.20% 40.21%
Stocks 		0.00% 0.00% 1.92% 95.60%
Preferred Stocks 		0.00% -0.96% 1.04% 94.87%
Other 		0.00% -13.14% 12.83% 94.13%
Convertible Bonds 		0.00% 0.00% 1.50% 95.32%

Bond Sector Breakdown

Weighting Return Low Return High AFTEX % Rank
Municipal 		98.41% 15.02% 100.00% 56.35%
Cash & Equivalents 		1.59% 0.00% 84.20% 41.62%
Derivative 		0.00% 0.00% 0.85% 95.32%
Securitized 		0.00% 0.00% 6.51% 95.66%
Corporate 		0.00% 0.00% 15.75% 96.39%
Government 		0.00% 0.00% 84.56% 95.71%

Bond Geographic Breakdown

Weighting Return Low Return High AFTEX % Rank
US 		97.77% 15.80% 141.34% 41.12%
Non US 		0.63% 0.00% 28.07% 53.64%

AFTEX - Expenses

Operational Fees

AFTEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.52% 0.01% 16.95% 82.81%
Management Fee 0.19% 0.00% 1.10% 4.91%
12b-1 Fee 0.25% 0.00% 1.00% 59.75%
Administrative Fee 0.01% 0.01% 0.47% 1.84%

Sales Fees

AFTEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 3.75% 0.50% 5.75% 56.53%
Deferred Load N/A 0.25% 5.50% N/A

Trading Fees

AFTEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

AFTEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 24.00% 0.00% 299.40% 61.22%

AFTEX - Distributions

Dividend Yield Analysis

AFTEX Category Low Category High AFTEX % Rank
Dividend Yield 0.00% 0.00% 3.00% 95.60%

Dividend Distribution Analysis

AFTEX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

AFTEX Category Low Category High AFTEX % Rank
Net Income Ratio 2.46% -1.65% 6.48% 46.96%

Capital Gain Distribution Analysis

AFTEX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Dividend Payout History

View More +

AFTEX - Fund Manager Analysis

Managers

Karl Zeile

Start Date

Tenure

Tenure Rank

Dec 30, 2003

17.02

17.0%

Zeile has been employed by Capital and its affiliates since 1999.

Chad Rach

Start Date

Tenure

Tenure Rank

Oct 01, 2016

4.25

4.3%

Primary title with Capital Research and Management Company, Senior Vice President and Capital Fixed Income Investors. Rach is a portfolio manager with Strong, where he started in March 2000 as a fixed income analyst. Prior to this, he was assistant vice president with both Robert W. Baird & Co. and Miller & Schroeder Financial. He also worked as Director of Community Development for the city of Glendale, WI.

Courtney Wolf

Start Date

Tenure

Tenure Rank

Oct 01, 2020

0.25

0.3%

Tenure Analysis

Category Low Category High Category Average Category Mode
0.06 35.78 6.93 0.16

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