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Name

As of

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

American Funds Tax-Exempt Fund California®

TECBX |

-

$2.02 B

-

1.34%

Vitals

YTD Return

N/A

1 yr return

-1.2%

3 Yr Avg Return

2.9%

5 Yr Avg Return

3.1%

Net Assets

$2.02 B

Holdings in Top 10

7.4%

52 WEEK LOW AND HIGH

N/A
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.34%

SALES FEES

Front Load N/A

Deferred Load 5.00%

TRADING FEES

Turnover 11.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$1,000

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

American Funds Tax-Exempt Fund California®

TECBX |

-

$2.02 B

-

1.34%

TECBX - Profile

Distributions

  • YTD Total Return N/A
  • 3 Yr Annualized Total Return 1.6%
  • 5 Yr Annualized Total Return 2.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.51%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    American Funds Tax-Exempt Fund California®
  • Fund Family Name
    American Funds
  • Inception Date
    Mar 15, 2000
  • Shares Outstanding
    N/A
  • Share Class
    B
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Karl J. Zeile

Fund Description

TECBX - Performance

Return Ranking - Trailing

Period TECBX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -2.8% 8.1% N/A
1 Yr -1.2% -4.5% 7.5% N/A
3 Yr 2.9%* -2.2% 2.6% N/A
5 Yr 3.1%* -1.1% 2.3% N/A
10 Yr 3.4%* -1.1% 3.6% N/A

* Annualized

Return Ranking - Calendar

Period TECBX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A -7.2% 11.0% N/A
2022 N/A -10.1% 6.8% N/A
2021 N/A -4.9% 0.0% N/A
2020 N/A -5.6% 1.8% N/A
2019 N/A -34.8% 15.6% N/A

Total Return Ranking - Trailing

Period TECBX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -2.8% 8.1% N/A
1 Yr -6.0% -4.5% 7.5% N/A
3 Yr 1.6%* -2.2% 2.6% N/A
5 Yr 2.7%* -1.1% 4.3% N/A
10 Yr 3.4%* -1.1% 5.6% N/A

* Annualized

Total Return Ranking - Calendar

Period TECBX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A -7.2% 11.0% N/A
2022 N/A -10.1% 6.9% N/A
2021 N/A -4.9% 1.0% N/A
2020 N/A -5.6% 4.0% N/A
2019 N/A -34.8% 16.3% N/A

TECBX - Holdings

Concentration Analysis

TECBX Category Low Category High TECBX % Rank
Net Assets 2.02 B 6.42 M 20.6 B N/A
Number of Holdings 769 31 4231 N/A
Net Assets in Top 10 146 M 261 K 2.92 B N/A
Weighting of Top 10 7.41% 2.5% 57.1% N/A

Top 10 Holdings

  1. Golden St Tob Securitization C Tob 5.75% 1.34%
  2. Los Angeles Cnty Calif Trans 3% 1.08%
  3. Pasadena Calif Uni Sch Dist 4% 0.84%
  4. California Statewide Cmntys De Ref 0.55% 0.76%
  5. San Buenaventura Calif Rev Rev Bds 7.5% 0.64%
  6. Sacramento Cnty Calif Santn Di Re 1.153% 0.59%
  7. Univ Calif Revs For Prev Ltd Proj 5% 0.55%
  8. California Mun Fin Auth 0.01% 0.54%
  9. California St For Previous Iss Vete 3.5% 0.53%
  10. California St Univ Rev Systemwid 4% 0.53%

Asset Allocation

Weighting Return Low Return High TECBX % Rank
Bonds 		97.92% -0.60% 102.82% N/A
Cash 		2.08% -2.82% 92.17% N/A
Stocks 		0.00% 0.00% 0.24% N/A
Preferred Stocks 		0.00% 0.00% 0.00% N/A
Other 		0.00% -2.39% 8.43% N/A
Convertible Bonds 		0.00% 0.00% 0.00% N/A

Bond Sector Breakdown

Weighting Return Low Return High TECBX % Rank
Municipal 		96.41% 0.00% 103.29% N/A
Cash & Equivalents 		2.08% -2.82% 92.17% N/A
Government 		1.51% -12.23% 5.93% N/A
Derivative 		0.00% -0.20% 0.00% N/A
Securitized 		0.00% 0.00% 0.00% N/A
Corporate 		0.00% 0.00% 4.72% N/A

Bond Geographic Breakdown

Weighting Return Low Return High TECBX % Rank
US 		97.92% -0.60% 102.38% N/A
Non US 		0.00% 0.00% 22.38% N/A

TECBX - Expenses

Operational Fees

TECBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.34% 0.09% 2.11% N/A
Management Fee 0.30% 0.08% 1.30% N/A
12b-1 Fee 0.99% 0.00% 1.00% N/A
Administrative Fee 0.15% 0.00% 0.33% N/A

Sales Fees

TECBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 5.75% N/A
Deferred Load 5.00% 0.50% 5.00% N/A

Trading Fees

TECBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

TECBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 11.00% 3.00% 293.00% N/A

TECBX - Distributions

Dividend Yield Analysis

TECBX Category Low Category High TECBX % Rank
Dividend Yield 0.00% 0.00% 3.02% N/A

Dividend Distribution Analysis

TECBX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

TECBX Category Low Category High TECBX % Rank
Net Income Ratio 2.51% -0.21% 4.62% N/A

Capital Gain Distribution Analysis

TECBX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

TECBX - Fund Manager Analysis

Managers

Karl J. Zeile

Start Date

Tenure

Tenure Rank

Jan 01, 2003

14.25

14.3%

Zeile is the vice president and director of Capital Research Company Investment. He began his professional career 14 years ago; 6 years with Capital Research and Management Company or affiliate.

Neil L. Langberg

Start Date

Tenure

Tenure Rank

Oct 28, 1986

30.44

30.4%

Langberg is a vice president with Capital Research and Management Company, his employer since 1978.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.0 39.77 9.01 1.5

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