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American Funds Tax-Exempt Bond B (TEBFX) Fund Ranking and Research

Ranking, Research and Recommendation of American Funds Tax-Exempt Bond B (TEBFX) Fund

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

 

Graph of American Funds Tax-Exempt Bond B Fund (TEBFX) ManagerFund Manager - Neil L. Langberg

Fund Manager Information

Fund Manager Tenure: 40.3 years
Similar Funds: TEBCX  TEAFX 
Fund Family: American Funds
Fund Category: Muni National Interm
Fund Performance: May 30, 2016
Fundmojo Fund Grade: B (Score: 0.67)     (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 Tax-Exempt Bond B Fund (TEBFX) ProfileAmerican Funds Tax-Exempt Bond B Fund (TEBFX) Profile

Fund Profile and Description

American Funds Tax-Exempt Bond B Fund seeks high current income exempt from regular federal income tax. American Funds Tax-Exempt Bond B 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 may invest, without limitation, in securities that may subject you to federal AMT. American Funds Tax-Exempt Bond B Fund invests a significant portion of its portfolio in municipal bonds rated BBB+ or below or Baa1 or below or unrated but determined by the adviser to be of equivalent quality.

 

American Funds Tax-Exempt Bond B (TEBFX) Fund Strength What we like about American Funds Tax-Exempt Bond B (TEBFX) Fund

Data for American Funds Tax-Exempt Bond B Fund (TEBFX) as of May 30, 2016

  • American Funds Tax-Exempt Bond B Fund (TEBFX) management has been with American Funds Tax-Exempt Bond B Fund for 40.3 years
  • American Funds Tax-Exempt Bond B Fund (TEBFX) has good short-term performance (1-year return 4.75% vs 4.71% Muni National Interm category median performance)
  • American Funds Tax-Exempt Bond B Fund (TEBFX) has good mid-term performance (3-year return 3.17% vs 3.10% Muni National Interm category median performance)
  • American Funds Tax-Exempt Bond B Fund (TEBFX) has good Long-term performance (5-year return 4.75% vs 4.14% Muni National Interm category median performance)
  • American Funds Tax-Exempt Bond B Fund (TEBFX) ratio of up-years vs down years is greater than 2
  • Asset base in American Funds Tax-Exempt Bond B Fund (TEBFX) has been consistently increasing at a reasonable pace in the last 2 months. It shows investor confidence and market support
  • American Funds Tax-Exempt Bond B Fund (TEBFX) has an annual stock turnover rate of 14.00% vs Muni National Interm average of 22.40%. It is good that American Funds Tax-Exempt Bond B management does not trade extensively for its return.

American Funds Tax-Exempt Bond B Fund (TEBFX) Weakness What we are cautious about American Funds Tax-Exempt Bond B (TEBFX) Fund

Data for American Funds Tax-Exempt Bond B Fund (TEBFX) as of May 30, 2016

  • American Funds Tax-Exempt Bond B Fund (TEBFX) has a Morningstar rating of 3 and below
  • American Funds Tax-Exempt Bond B Fund (TEBFX) is less safe compared to its Muni National Interm peers
  • American Funds Tax-Exempt Bond B Fund (TEBFX) is more volatile than its peers as it has a 3-year Standard Deviation of 3.43 that is higher than category average of 3.29
  • American Funds Tax-Exempt Bond B Fund (TEBFX) has a higher expense ratio of 1.28% than its Muni National Interm average of 0.80%
  • American Funds Tax-Exempt Bond B Fund (TEBFX) carries a 5% load
See American Funds Tax-Exempt Bond B Fund (TEBFX) performance details as of May 30, 2016

 

What do you think?

 

Compare American Funds Tax-Exempt Bond B Fund (TEBFX)Compare with other top Muni National Interm category mutual funds

Aadditional top Muni National Interm mutual funds for your consideration

FundYear to Date1 Year3 year5 year
American Funds Tax-Exempt Bond B2.374.753.174.75
Eaton Vance TABS 5 to15 Yr Lad Muni Bd I (EILTX)3.408.176.377.87Compare
BlackRock Strategic Muni Opps Inv A1 (MDMTX)3.297.784.275.68Compare
USAA Tax Exempt Intermediate-Term (USATX)2.525.223.514.92Compare

See top fund managers for Muni National Interm Category Funds

 

Compare American Funds Tax-Exempt Bond B Fund (TEBFX)Compare with Muni National Interm category ETFs

Some Muni National Interm ETFs for your consideration

ETFYear to DateOne YearThree Year
Market Vectors Intermediate Muni ETF (ITM)2.55%7.15%4.62%
iShares National AMT-Free Muni Bond (MUB)2.19%5.72%4.01%
PIMCO Intermediate Municipal Bd Actv ETF (MUNI)1.61%4.98%2.60%
Columbia Intermediate Municipal Bond ETF (GMMB)000

 

Graph of American Funds Tax-Exempt Bond B Fund (TEBFX) Net Asset TrackingAmerican Funds Tax-Exempt Bond B (TEBFX) Fund Net Asset

Track net asset change of American Funds Tax-Exempt Bond B fund (TEBFX)

DateNet Asset
05/2016$12.05B
03/2016$11.56B
02/2016$11.34B
More historic net asset information on American Funds Tax-Exempt Bond B Fund (TEBFX)

  

Graph of American Funds Tax-Exempt Bond B Fund (TEBFX) Portfolio TrackingAmerican Funds Tax-Exempt Bond B (TEBFX) Fund Portfolio Allocation

Track portfolio allocation change of American Funds Tax-Exempt Bond B fund (TEBFX)

DateCashStockBondOther
03/20168.73%0%91.27%0%
12/20158.32%0%91.68%0%
09/20157.32%0%92.39%0.29%
Click here to see more historic asset allocation information on American Funds Tax-Exempt Bond B Fund (TEBFX)

 

graph of American Funds Tax-Exempt Bond B Fund (TEBFX) Top 10 Position TrackingTop 10 Holdings in American Funds Tax-Exempt Bond B (TEBFX) Fund

Discover what American Funds Tax-Exempt Bond B Fund (TEBFX) manager is buying

Mar 30, 2016
Buckeye Ohio Tob Settlement Fi To 5.875% [0.62%]
Wisconsin St Gen Fd Annual App Genera 6% [0.51%]
Washington St Health Care Facs Rev 1.01% [0.5%]
Tobacco Settlement Fing Corp N Asset 5% [0.45%]
Michigan Tob Settlement Fin Au Tobacc 6% [0.42%]
Buckeye Ohio Tob Settlement Fi Toba 6.5% [0.35%]
Illinois St Toll Hwy Auth 5% [0.33%]
Grand Parkway Transn Corp Tex Toll 5% [0.31%]
Houston Tex Util Sys Rev For I Comb U 5% [0.31%]
Illinois Fin Auth 6.875% [0.27%]

Dec 30, 2015
Wisconsin St Gen Fd Annual App Genera 6% [0.55%]
Buckeye Ohio Tob Settlement Fi To 5.875% [0.51%]
Buckeye Ohio Tob Settlement Fi Toba 6.5% [0.41%]
Tobacco Settlement Fing Corp N Asset 5% [0.41%]
Michigan Tob Settlement Fin Au Tobacc 6% [0.39%]
Illinois St Toll Hwy Auth 5% [0.35%]
Grand Parkway Transn Corp Tex Toll 5% [0.33%]
Washington St Health Care Facs Rev 1.01% [0.31%]
Illinois Fin Auth 6.875% [0.29%]
Orlando & Orange Cnty Expwy Au Rev Re 5% [0.28%]

Sep 29, 2015
Wisconsin St Gen Fd Annual App Genera 6% [0.57%]
Tobacco Settlement Fing Corp N Asset 5% [0.47%]
Buckeye Ohio Tob Settlement Fi Toba 6.5% [0.41%]
Illinois St Toll Hwy Auth 5% [0.35%]
Michigan Tob Settlement Fin Au Tobacc 6% [0.34%]
Grand Parkway Transn Corp Tex Toll 5% [0.33%]
Illinois Fin Auth 6.875% [0.29%]
Orlando & Orange Cnty Expwy Au Rev Re 5% [0.29%]
Buckeye Ohio Tob Settlement Fi To 5.875% [0.29%]
Foothill / Eastern Transn Corr Ref Re 6% [0.26%]
Click here for Stock Holding Change Map in American Funds Tax-Exempt Bond B Fund (TEBFX)

  

Latest News on American Funds Tax-Exempt Bond B (TEBFX) Fund

See what is happening with American Funds Tax-Exempt Bond B Fund (TEBFX)

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American Funds Tax-Exempt Bond B Fund (TEBFX) Related ResourcesSee more information on American Funds Tax-Exempt Bond B (TEBFX) Fund

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