Fund Mojo help you discover the best fund managers, funds, and related information

Fund Intelligence | Best Managers | LTXFX Insights | LTXFX Score | LTXFX Performance | LTXFX News | LTXFX Allocation | LTXFX Holdings Change

American Funds LtdTerm TxEx Bd F1 (LTXFX) Fund Ranking and Research

Ranking, Research and Recommendation of American Funds LtdTerm TxEx Bd F1 (LTXFX) Fund

    Last Trade: $ on , Change: (0%)

 

Graph of American Funds LtdTerm TxEx Bd F1 Fund (LTXFX) ManagerFund Manager - Neil L. Langberg

Fund Manager Information

Fund Manager Tenure: 26.3 years
Similar Funds: LTXBX  LTXCX  LTEFX 
Fund Family: American Funds
Fund Category: Muni National Short
Fund Performance: May 30, 2016
Fundmojo Fund Grade: B (Score: 0.66)     (What does this score mean?)
Langberg is a vice president with Capital Research and Management Company, his employer since 1978.  Get more insights on Neil L. Langberg

 

Graph of American Funds LtdTerm TxEx Bd F1 Fund (LTXFX) ProfileAmerican Funds LtdTerm TxEx Bd F1 Fund (LTXFX) Profile

Fund Profile and Description

American Funds LtdTerm TxEx Bd F1 Fund seeks to provide with current income that is exempt from regular federal income tax, consistent preservation of capital. American Funds LtdTerm TxEx Bd F1 Fund invests primarily in municipal bonds. It invests at least 80% of 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 to federal alternative minimum tax. American Funds LtdTerm TxEx Bd F1 Fund invests primarily in municipal bonds rated A- or better but may also invest in municipal bonds below investment grade. The dollar-weighted average maturity of the fund’s portfolio is between three and 10 years.

 

American Funds LtdTerm TxEx Bd F1 (LTXFX) Fund Strength What we like about American Funds LtdTerm TxEx Bd F1 (LTXFX) Fund

Data for American Funds LtdTerm TxEx Bd F1 Fund (LTXFX) as of May 30, 2016

  • American Funds LtdTerm TxEx Bd F1 Fund (LTXFX) management has been with American Funds LtdTerm TxEx Bd F1 Fund for 26.3 years
  • American Funds LtdTerm TxEx Bd F1 Fund (LTXFX) has good short-term performance (1-year return 2.48% vs 1.39% Muni National Short category median performance)
  • American Funds LtdTerm TxEx Bd F1 Fund (LTXFX) has good mid-term performance (3-year return 1.67% vs 0.80% Muni National Short category median performance)
  • American Funds LtdTerm TxEx Bd F1 Fund (LTXFX) has good Long-term performance (5-year return 2.72% vs 1.38% Muni National Short category median performance)
  • American Funds LtdTerm TxEx Bd F1 Fund (LTXFX) ratio of up-years vs down years is greater than 2
  • American Funds LtdTerm TxEx Bd F1 Fund (LTXFX) has a Morningstar rating of 4 and above
  • Asset base in American Funds LtdTerm TxEx Bd F1 Fund (LTXFX) has been consistently increasing at a reasonable pace in the last 2 months. It shows investor confidence and market support
  • American Funds LtdTerm TxEx Bd F1 Fund (LTXFX) has an annual stock turnover rate of 19.00% vs Muni National Short average of 25.33%. It is good that American Funds LtdTerm TxEx Bd F1 management does not trade extensively for its return.
  • American Funds LtdTerm TxEx Bd F1 Fund (LTXFX) has a lower expense ratio than its Muni National Short average: 0.67% vs 0.71%

American Funds LtdTerm TxEx Bd F1 Fund (LTXFX) Weakness What we are cautious about American Funds LtdTerm TxEx Bd F1 (LTXFX) Fund

Data for American Funds LtdTerm TxEx Bd F1 Fund (LTXFX) as of May 30, 2016

  • American Funds LtdTerm TxEx Bd F1 Fund (LTXFX) is less safe compared to its Muni National Short peers
  • American Funds LtdTerm TxEx Bd F1 Fund (LTXFX) is more volatile than its peers as it has a 3-year Standard Deviation of 1.87 that is higher than category average of 1.26
  • Even though American Funds LtdTerm TxEx Bd F1 Fund carries no load, it does have a 0.25% of 12b1 promotion, distributions, marketing expenses
See American Funds LtdTerm TxEx Bd F1 Fund (LTXFX) performance details as of May 30, 2016

 

What do you think?

 

Compare American Funds LtdTerm TxEx Bd F1 Fund (LTXFX)Compare with other top Muni National Short category mutual funds

Aadditional top Muni National Short mutual funds for your consideration

FundYear to Date1 Year3 year5 year
American Funds LtdTerm TxEx Bd F11.172.481.672.72
Wells Fargo Advantage Strat Muni Bd Adm (VMPYX)1.413.242.513.08Compare

See top fund managers for Muni National Short Category Funds

 

Compare American Funds LtdTerm TxEx Bd F1 Fund (LTXFX)Compare with Muni National Short category ETFs

Some Muni National Short ETFs for your consideration

ETFYear to DateOne YearThree Year
Market Vectors Short Municipal ETF (SMB)1.00%2.60%1.17%
Market Vectors Pre-Refunded Muni ETF (PRB)0.80%2.12%0.37%
PIMCO Short Term Municipal Bond Actv ETF (SMMU)0.82%1.71%0.80%
iShares ST National AMTFree Muni Bnd (SUB)000
SPDR Nuveen Barclays ST Muni Bd ETF (SHM)000

 

Graph of American Funds LtdTerm TxEx Bd F1 Fund (LTXFX) Net Asset TrackingAmerican Funds LtdTerm TxEx Bd F1 (LTXFX) Fund Net Asset

Track net asset change of American Funds LtdTerm TxEx Bd F1 fund (LTXFX)

DateNet Asset
05/2016$3.31B
03/2016$3.21B
02/2016$3.18B
More historic net asset information on American Funds LtdTerm TxEx Bd F1 Fund (LTXFX)

  

Graph of American Funds LtdTerm TxEx Bd F1 Fund (LTXFX) Portfolio TrackingAmerican Funds LtdTerm TxEx Bd F1 (LTXFX) Fund Portfolio Allocation

Track portfolio allocation change of American Funds LtdTerm TxEx Bd F1 fund (LTXFX)

DateCashStockBondOther
03/201612.79%0%87.21%0%
12/201511.74%0%88.26%0%
09/20159.67%0%89.98%0.35%
Click here to see more historic asset allocation information on American Funds LtdTerm TxEx Bd F1 Fund (LTXFX)

 

graph of American Funds LtdTerm TxEx Bd F1 Fund (LTXFX) Top 10 Position TrackingTop 10 Holdings in American Funds LtdTerm TxEx Bd F1 (LTXFX) Fund

Discover what American Funds LtdTerm TxEx Bd F1 Fund (LTXFX) manager is buying

Mar 30, 2016
Bay Area Toll Auth 1.3% [0.59%]
Municipal Elec Auth 5.75% [0.52%]
Clark Cnty Nev Pollutn Ctl Rev Re 1.875% [0.45%]
Railsplitter Tob Settlement Au Toba 5.5% [0.43%]
Clark Cnty Nev Hwy Impt Rev Hwy Rev M 5% [0.42%]
Miami-Dade Cnty Fla Aviation R Ref Bd 5% [0.4%]
Harris Cnty Tex Toll Rd S 0.275% [0.39%]
Citizens Ppty Ins Corp Fla Senior Se 5% [0.35%]
Public Gas Partners Inc Ga Gas Rev Bd 5% [0.35%]
Maryland St Health & Higher Ed Var 0.2% [0.35%]

Dec 30, 2015
Indianapolis Ind Arpt Auth 5.1% [0.65%]
Bay Area Toll Auth 0.91% [0.61%]
Municipal Elec Auth 5.75% [0.54%]
Railsplitter Tob Settlement Au Toba 5.5% [0.44%]
Clark Cnty Nev Hwy Impt Rev Hwy Rev M 5% [0.43%]
Harris Cnty Tex Toll Rd S 0.275% [0.41%]
Miami-Dade Cnty Fla Aviation R Ref Bd 5% [0.41%]
Citizens Ppty Ins Corp Fla Senior Se 5% [0.37%]
Public Gas Partners Inc Ga Gas Rev Bd 5% [0.37%]
New Jersey St Tpk Auth 0.69% [0.35%]

Sep 29, 2015
Indianapolis Ind Arpt Auth 5.1% [0.68%]
Bay Area Toll Auth 0.92% [0.64%]
Municipal Elec Auth 5.75% [0.57%]
Railsplitter Tob Settlement Au Toba 5.5% [0.45%]
Clark Cnty Nev Hwy Impt Rev Hwy Rev M 5% [0.45%]
Harris Cnty Tex Toll Rd S 0.275% [0.42%]
Miami-Dade Cnty Fla Aviation R Ref Bd 5% [0.42%]
Citizens Ppty Ins Corp Fla Senior Se 5% [0.38%]
Public Gas Partners Inc Ga Gas Rev Bd 5% [0.38%]
Putnam Cnty Fla Dev Auth 5.35% [0.36%]
Click here for Stock Holding Change Map in American Funds LtdTerm TxEx Bd F1 Fund (LTXFX)

  

Latest News on American Funds LtdTerm TxEx Bd F1 (LTXFX) Fund

See what is happening with American Funds LtdTerm TxEx Bd F1 Fund (LTXFX)

    No recent news

 

American Funds LtdTerm TxEx Bd F1 Fund (LTXFX) Related ResourcesSee more information on American Funds LtdTerm TxEx Bd F1 (LTXFX) Fund

Popular pages on American Funds LtdTerm TxEx Bd F1 (LTXFX) Fund

  

Fund Mojo Newsletter

Fund Mojo on Facebook Follow FundMojo on Twitter Fund Update