American Funds Limited Term Tx-Ex Bd A (LTEBX)
| Fund Assets | 5.45B |
| Expense Ratio | 0.58% |
| Min. Investment | $250 |
| Turnover | 33.00% |
| Dividend (ttm) | 0.36 |
| Dividend Yield | 2.28% |
| Dividend Growth | 16.79% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2025 |
| Previous Close | 15.49 |
| YTD Return | 2.19% |
| 1-Year Return | 2.10% |
| 5-Year Return | 3.68% |
| 52-Week Low | 14.99 |
| 52-Week High | 15.55 |
| Beta (5Y) | n/a |
| Holdings | 1899 |
| Inception Date | Oct 6, 1993 |
About LTEBX
Limited Term Tax-Exempt Bond Fund of America — Class A is a municipal bond mutual fund designed to deliver a high level of current income that is exempt from regular federal income tax while emphasizing capital preservation. The strategy focuses on investment‑grade municipal securities, typically spanning the short to intermediate part of the maturity spectrum, with an effective duration around the shorter end to moderate interest-rate sensitivity. It invests broadly across revenue bonds and general obligation bonds, with a notable allocation to revenue-backed issuers, and maintains a diversified portfolio across hundreds of issuers to reduce single-issuer risk. The fund distributes income monthly and targets quality standards consistent with A-rated or equivalent municipal debt, seeking to balance stability and tax-efficient income. Established in 1993 and managed by Capital Group’s fixed‑income team, it employs research-driven security selection and active duration management to navigate municipal yield curves and credit cycles. This fund serves investors looking for federally tax‑exempt income and lower volatility than longer-duration municipal strategies, playing a role as a core short‑to‑intermediate municipal allocation within diversified fixed-income portfolios.
Performance
LTEBX had a total return of 2.10% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.30%.
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 | $0.0347 | Aug 1, 2025 |
| Jun 30, 2025 | $0.033 | Jul 1, 2025 |
| May 30, 2025 | $0.03351 | Jun 2, 2025 |
| Apr 30, 2025 | $0.03278 | May 1, 2025 |
| Mar 31, 2025 | $0.03391 | Apr 1, 2025 |
| Feb 28, 2025 | $0.03026 | Mar 3, 2025 |