American Funds Limited Term Tx-Ex B F3 (FLTEX)
| Fund Assets | 5.45B |
| Expense Ratio | 0.24% |
| Min. Investment | $250 |
| Turnover | 33.00% |
| Dividend (ttm) | 0.45 |
| Dividend Yield | 2.88% |
| Dividend Growth | 15.22% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2025 |
| Previous Close | 15.50 |
| YTD Return | 1.84% |
| 1-Year Return | 1.86% |
| 5-Year Return | 4.43% |
| 52-Week Low | 14.99 |
| 52-Week High | 15.55 |
| Beta (5Y) | n/a |
| Holdings | 1899 |
| Inception Date | Jan 27, 2017 |
About FLTEX
American Funds Limited Term Tax-Exempt Bond Fund® Class F-3 is an open-end municipal bond fund focused on delivering a high level of current income that is exempt from regular federal income tax, while emphasizing capital preservation. The strategy primarily invests in short- to intermediate-maturity municipal securities, targeting an effective duration around the limited-term range to balance rate sensitivity with income generation. The portfolio is broadly diversified across revenue bonds—its dominant allocation—and general obligation bonds, reflecting a research-driven approach to sector and issuer selection within the municipal market. The fund distributes income monthly and maintains a low expense profile for its share class, aligning with its role as a core, tax-efficient fixed income holding for investors seeking stability and federally tax-exempt income. Managed by Capital Group’s collaborative fixed-income team, the fund’s mandate to keep at least the vast majority of assets in tax-exempt instruments underscores its focus on consistent, high-quality income across economic cycles.
Performance
FLTEX had a total return of 1.86% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.87%.
Top 10 Holdings
5.22% of assets| Name | Symbol | Weight |
|---|---|---|
| BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 4% | AL.BBEUTL 04.01.2053 | 0.72% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5% | CA.CCEDEV 05.01.2054 | 0.59% |
| BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 5% | AL.BBEUTL 03.01.2055 | 0.56% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 4% | CA.CCEDEV 02.01.2052 | 0.55% |
| MAIN STR NAT GAS INC GA GAS SUPPLY REV 5% | GA.MAIUTL 12.01.2054 | 0.54% |
| NEW YORK N Y 5% | NY.NYC 5 08.01.2033 | 0.51% |
| TEXAS MUN GAS ACQUISITION & SUPPLY CORP IV GAS SUPPLY REV 5.5% | TX.TMGUTL 01.01.2054 | 0.45% |
| ILLINOIS FIN AUTH SOLID WASTE REV 4.6% | IL.ILSPOL 10.01.2053 | 0.45% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5% | CA.CCEDEV 08.01.2055 | 0.42% |
| METROPOLITAN TRANSN AUTH N Y REV 5% | NY.MTATRN 11.15.2045 | 0.42% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 31, 2025 | $0.03913 | Aug 1, 2025 |
| Jun 30, 2025 | $0.0373 | Jul 1, 2025 |
| May 30, 2025 | $0.03794 | Jun 2, 2025 |
| Apr 30, 2025 | $0.03699 | May 1, 2025 |
| Mar 31, 2025 | $0.03836 | Apr 1, 2025 |
| Feb 28, 2025 | $0.03434 | Mar 3, 2025 |