16.84
+0.01(+0.06%)
Currency In USD
Address
American Funds Tax Exempt Series II
, DE
United States of America
Phone
(213) 486-9200
Website
N/A
Sector
Financial Services
Industry
Asset Management
Employees
N/A
First IPO Date
March 15, 2001
The fund seeks to achieve its objectives by primarily investing in municipal bonds issued by the state of California and its agencies and municipalities. It may also invest in municipal securities that are issued by jurisdictions outside California. 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 both regular federal and California income taxes and that do not subject the investors to federal alternative minimum tax.