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American Funds Tax-Exempt CA C (TECCX)

On Nov 24: 15.68 USD   0.00 (0.00%)  
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 AMERICAN FDS TAX-EXEMPT FD OF C Delayed quote dataEdit
Net Asset Value:15.68
Trade Time:Nov 24
Change: 0.00 (0.00%)
Prev Close:15.68
YTD Return*:18.45%
Net Assets*:110.32M
Yield*:3.46%
* As of 31-Oct-09
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 HEADLINES 
No headlines available for TECCX.

 FUND BASICS31-Oct-09
Morningstar Overall Rating:2 stars
Total Assets:110.32M
Category:Muni California Interm/Short
Total Expense Ratio:1.43%
Fund Profile - Holdings


 PERFORMANCE & RISK31-Oct-09
YTD Return:18.45%
5y Avg Return:2.04%
Rank in Category (ytd):9
% Rank in Category (ytd):10.98%
Beta (3y):1.22
Morningstar Risk Rating:High
Performance Details - Risk Details

 FUND SUMMARY 
The investment seeks high level of current income exempt from federal and California income taxes; preservation of capital is a secondary objective. The fund invests primarily in municipal bonds issued by California state and its agencies and municipalities of the state. The fund invests at least 80% of assets in, or derives at least 80% of income from, securities exempt from regular federal and California income taxes and that don?t subject you to federal AMT. It invests primarily in debt securities rated BBB- or better or Baa3 or better or unrated but determined by the adviser to be of equivalent quality.
Fund Profile


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