American Funds Limited Term TxEx Bd F2 (LTEFX)
| Fund Assets | 5.45B |
| Expense Ratio | 0.35% |
| Min. Investment | $250 |
| Turnover | 33.00% |
| Dividend (ttm) | 0.40 |
| Dividend Yield | 2.55% |
| Dividend Growth | 15.05% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 15.49 |
| YTD Return | 2.27% |
| 1-Year Return | 2.25% |
| 5-Year Return | 4.53% |
| 52-Week Low | 14.99 |
| 52-Week High | 15.55 |
| Beta (5Y) | 0.14 |
| Holdings | 1899 |
| Inception Date | Aug 18, 2008 |
About LTEFX
American Funds Limited Term Tax-Exempt Bond Fund® Class F-2 is an actively managed municipal bond mutual fund designed to deliver current income that is exempt from regular federal income tax, while maintaining conservative maturity and credit standards. The portfolio primarily invests in short- to intermediate-term municipal securities, with an effective duration around the short-intermediate range, aiming to balance income generation with interest-rate sensitivity management. It is predominantly allocated to revenue bonds, complemented by general obligation issues, reflecting a diversified approach across essential-service, transportation, healthcare, and other public-purpose financings. The fund distributes income monthly and targets high-quality credit, seeking to preserve capital alongside tax-advantaged income. With thousands of underlying holdings and a moderate turnover profile, it offers broad exposure to the U.S. municipal market in the limited-term segment, serving investors who prioritize federally tax-exempt income and measured interest-rate risk within a professionally managed fixed-income strategy. Founded within a long-standing American Funds franchise, it emphasizes disciplined research and portfolio construction tailored to the muni short-intermediate category.
Performance
LTEFX had a total return of 2.25% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.50%.
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 |
|---|---|---|
| Aug 29, 2025 | $0.03652 | Sep 2, 2025 |
| Jul 31, 2025 | $0.03735 | Aug 1, 2025 |
| Jun 30, 2025 | $0.03593 | Jul 1, 2025 |
| May 30, 2025 | $0.03646 | Jun 2, 2025 |
| Apr 30, 2025 | $0.03582 | May 1, 2025 |
| Mar 31, 2025 | $0.03696 | Apr 1, 2025 |