American Funds Ltd Term Tax-Ex Bond Fd of America Cl F-1 Shs (LTXFX) NASDAQ

15.57

+0.0500005(+0.32%)

Updated at September 08 08:06AM

Currency In USD

American Funds Ltd Term Tax-Ex Bond Fd of America Cl F-1 Shs

Address

Limited Term Tax-Exempt Bond Fund of America

, DE

United States of America

Phone

800-421-4225

Website

N/A

Sector

Financial Services

Industry

Asset Management - Bonds

Employees

N/A

First IPO Date

March 15, 2001

Key Executives

N/A

Description

The investment seeks to provide current income exempt from regular federal income tax, consistent with the maturity and quality standards, and to preserve 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 and that do not subject the investors to federal alternative minimum tax. It invests primarily in debt securities rated A- or better or A3 or better, or unrated but determined by the fund's investment adviser to be of equivalent quality. The dollar-weighted average effective maturity of the fund's portfolio is between three and 10 years.