12.93 Down -0.01 -0.08%
DETAILS
Symbol Value ($)
Morningstar Rating
Previous Close 12.94
Category Muni National Interm
Net Assets 6.75 Bil
Yield 3.46%
Morningstar Risk Above Average
Morningstar Return Above Average
  • Last NAV update 7/30/2014 4:00 PM ET
INVESTMENT OBJECTIVE
NA
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 invests at least 80% of assets in, or derives at least 80% of income from, securities that are exempt from regular federal income tax. It will not invest in securities that subject to federal alternative minimum tax. The fund invests substantially in debt securities rated A- or better and may also invest in debt securities rated BBB+ or below. It may invest significantly in municipal obligations of issuers in the same state, or engaged in the same type of projects or industries.
CUMULATIVE PERFORMANCE OF $10,000
  2010 2011 2012 2013 2014
Return 2.08% 10.22% 8.91% -2.73% 6.69%
Value ($) 10,207.71 11,251.41 12,254.03 11,919.86 12,716.73
  • Year to date performance as of 7/30/2014 12:00 AM ET
MANAGEMENT & PURCHASE INFO
Symbol Value ($)
Fund Family American Funds
Fund Manager Neil Langberg
Tenure (Years) 35
Fund Status Open
Minimum Initial Purchase 250.00
Minimum IRA Investment NA
Front Load 3.75
Expense Ratio 0.55%
PERFORMANCE
Symbol Value ($)
1 Month 0.28%
3 Months 1.65%
1 Year 7.59%
3 Years* 5.78%
5 Years* 6.02%
  • * Annualized returns
  • Performance as of 7/30/2014 12:00 AM ET
PEER COMPARISON
  AFTEX Muni National Interm
5-Yr Return 6.02% 4.71%
Sharpe Ratio 1.41 1.52
Net Assets 6.75 Bil 471.68 Mil
Avg Market Cap NA NA
Avg P/E NA NA
Portfolio Turnover 16 34
HOLDINGS
Symbol Value ($)
Stocks 0.00%
Cash 4.12%
Fixed Income 95.88%
Other 0.00%
TOP 10 HOLDINGS
NAME % NET ASSETS
Texas St Trans 2% 2.43%
Wisconsin St Gen Fd Annual App Genera 6% 0.67%
Buckeye Ohio Tob Settlement Fi Toba 6.5% 0.47%
Michigan Tob Settlement Fin Au Tobacc 6% 0.38%
Buckeye Ohio Tob Settlement Fi To 5.875% 0.35%
Illinois Fin Auth 6.875% 0.34%
Illinois St Toll Hwy Auth 5% 0.33%
Orlando & Orange Cnty Expwy Au Rev Re 5% 0.32%
Tobacco Settlement Fing Corp N Asset 5% 0.31%
Buckeye Ohio Tob Settlement Fi To 5.875% 0.31%
DATA PROVIDERS

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