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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 Maryland Fund

TEMCX |

-

$309 M

-

1.47%

Vitals

YTD Return

N/A

1 yr return

3.1%

3 Yr Avg Return

1.7%

5 Yr Avg Return

3.2%

Net Assets

$309 M

Holdings in Top 10

12.1%

52 WEEK LOW AND HIGH

N/A
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.47%

SALES FEES

Front Load N/A

Deferred Load 1.00%

TRADING FEES

Turnover 27.00%

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 Maryland Fund

TEMCX |

-

$309 M

-

1.47%

TEMCX - Profile

Distributions

  • YTD Total Return N/A
  • 3 Yr Annualized Total Return 1.7%
  • 5 Yr Annualized Total Return 3.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.44%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    American Funds Tax Exempt Maryland Fund
  • Fund Family Name
    American Funds
  • Inception Date
    Apr 12, 2001
  • Shares Outstanding
    N/A
  • Share Class
    C
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Chad M. Rach

Fund Description

TEMCX - Performance

Return Ranking - Trailing

Period TEMCX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -2.8% 8.1% N/A
1 Yr 3.1% -4.5% 7.5% N/A
3 Yr 1.7%* -2.2% 2.6% N/A
5 Yr 3.2%* -1.1% 2.3% N/A
10 Yr 2.8%* -1.1% 3.6% N/A

* Annualized

Return Ranking - Calendar

Period TEMCX 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 TEMCX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -2.8% 8.1% N/A
1 Yr 2.1% -4.5% 7.5% N/A
3 Yr 1.7%* -2.2% 2.6% N/A
5 Yr 3.2%* -1.1% 4.3% N/A
10 Yr 2.8%* -1.1% 5.6% N/A

* Annualized

Total Return Ranking - Calendar

Period TEMCX 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

TEMCX - Holdings

Concentration Analysis

TEMCX Category Low Category High TEMCX % Rank
Net Assets 309 M 6.42 M 20.6 B N/A
Number of Holdings 200 31 4231 N/A
Net Assets in Top 10 38.1 M 261 K 2.92 B N/A
Weighting of Top 10 12.07% 2.5% 57.1% N/A

Top 10 Holdings

  1. Prince Georges Cnty Md Spl Obl Spec 5.2% 1.75%
  2. Maryland St Transn Auth 5% 1.38%
  3. Hyattsville Md Spl Obl Spl Oblig 5.75% 1.16%
  4. Maryland St Health & Higher Ed Rev 4.75% 1.16%
  5. Maryland St Cmnty Dev Admin De Resi 3.5% 1.13%
  6. Prince Georges Cnty Md Spl Tax Spe 5.25% 1.11%
  7. Montgomery Cnty Md Rev Rev Bds 5% 1.11%
  8. Washington Subn San Dist 3% 1.10%
  9. Maryland St Transn Auth 5% 1.08%
  10. Maryland St Go Bds 5% 1.08%

Asset Allocation

Weighting Return Low Return High TEMCX % Rank
Bonds 		94.60% -0.60% 102.82% N/A
Cash 		5.40% -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 TEMCX % Rank
Municipal 		94.60% 0.00% 103.29% N/A
Cash & Equivalents 		5.40% -2.82% 92.17% 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
Government 		0.00% -12.23% 5.93% N/A

Bond Geographic Breakdown

Weighting Return Low Return High TEMCX % Rank
US 		94.60% -0.60% 102.38% N/A
Non US 		0.00% 0.00% 22.38% N/A

TEMCX - Expenses

Operational Fees

TEMCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.47% 0.09% 2.11% N/A
Management Fee 0.34% 0.08% 1.30% N/A
12b-1 Fee 1.00% 0.00% 1.00% N/A
Administrative Fee 0.05% 0.00% 0.33% N/A

Sales Fees

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

Trading Fees

TEMCX 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.

TEMCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 27.00% 3.00% 293.00% N/A

TEMCX - Distributions

Dividend Yield Analysis

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

Dividend Distribution Analysis

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

Net Income Ratio Analysis

TEMCX Category Low Category High TEMCX % Rank
Net Income Ratio 2.44% -0.21% 4.62% N/A

Capital Gain Distribution Analysis

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

Distributions History

View More +

TEMCX - Fund Manager Analysis

Managers

Chad M. Rach

Start Date

Tenure

Tenure Rank

Jun 01, 2012

4.0

4.0%

Primary title with Capital Research and Management Company, Senior Vice President and Capital Fixed Income Investors. Rach is a portfolio manager with Strong, where he started in March 2000 as a fixed income analyst. Prior to this, he was assistant vice president with both Robert W. Baird & Co. and Miller & Schroeder Financial. He also worked as Director of Community Development for the city of Glendale, WI.

Brenda S. Ellerin

Start Date

Tenure

Tenure Rank

Oct 01, 1999

16.68

16.7%

Ellerin is a vice president and portfolio manager with Capital Research Company, her employer since 1991.

Tenure Analysis

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

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