AFTEX – American Funds Tax-Exempt Bond A Investment Strategy | Morningstar

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Strategy

The investment seeks 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.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
AFTFX	American Funds Tax-Exempt Bond Fund® Class F-1	No Load	Open			Mar 15, 2001	$141.91M	0.630%	Above Average	$250	−$19.19M
TEAFX	American Funds Tax-Exempt Bond Fund® Class F-2	No Load	Open			Aug 1, 2008	$6.08B	0.380%	Low	$250	$347.89M
TFEBX	American Funds Tax Exempt Bond Fund® Class F-3	Institutional	Open			Jan 27, 2017	$6.38B	0.270%	Low	$1M	$309.50M
AFTEX	American Funds Tax-Exempt Bond Fund® Class A	Front Load	Open			Oct 3, 1979	$11.48B	0.550%	Low	$250	−$301.13M
TEBCX	American Funds Tax-Exempt Bond Fund® Class C	Level Load	Open			Mar 15, 2001	$91.78M	1.300%	Below Average	$250	−$35.41M

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