TMMFX: American Funds Tax Exempt Maryland Fund - MutualFunds.com
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Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

Vitals

YTD Return

N/A

1 yr return

4.1%

3 Yr Avg Return

2.7%

5 Yr Avg Return

4.1%

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 0.56%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 27.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$1,000

IRA

$1,000


Fund Classification

Fund Type

Open End Mutual Fund

Investment Style

Muni Single State Interm


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

TMMFX - Profile

Distributions

  • YTD Total Return N/A
  • 3 Yr Annualized Total Return 2.7%
  • 5 Yr Annualized Total Return 4.1%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 3.36%
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
    Aug 01, 2008
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States

Fund Description

Under normal circumstances, the fund will invest at least 80% of its assets in, or derive at least 80% of its income from, securities that are exempt from both regular federal and Maryland income taxes and that do not subject the investors to federal alternative minimum tax. It may also invest up to 20% of its assets in securities that may subject the investors to federal alternative minimum tax. The fund will invest primarily in debt securities rated BBB- or better or Baa3 or better.


TMMFX - Performance

Return Ranking - Trailing

Period TMMFX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -2.8% 8.1% N/A
1 Yr 4.1% -4.5% 7.5% N/A
3 Yr 2.7%* -2.2% 2.6% N/A
5 Yr 4.1%* -1.1% 2.3% N/A
10 Yr 3.8%* -1.1% 3.6% N/A

* Annualized

Return Ranking - Calendar

Period TMMFX Return Category Return Low Category Return High Rank in Category (%)
2020 N/A -7.2% 11.0% N/A
2019 N/A -10.1% 6.8% N/A
2018 N/A -4.9% 0.0% N/A
2017 N/A -5.6% 1.8% N/A
2016 N/A -34.8% 15.6% N/A

Total Return Ranking - Trailing

Period TMMFX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -2.8% 8.1% N/A
1 Yr 4.1% -4.5% 7.5% N/A
3 Yr 2.7%* -2.2% 2.6% N/A
5 Yr 4.1%* -1.1% 4.3% N/A
10 Yr 3.8%* -1.1% 5.6% N/A

* Annualized

Total Return Ranking - Calendar

Period TMMFX Return Category Return Low Category Return High Rank in Category (%)
2020 N/A -7.2% 11.0% N/A
2019 N/A -10.1% 6.9% N/A
2018 N/A -4.9% 1.0% N/A
2017 N/A -5.6% 4.0% N/A
2016 N/A -34.8% 16.3% N/A

TMMFX - Holdings

Concentration Analysis

TMMFX Category Low Category High TMMFX % 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 TMMFX % 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 TMMFX % 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 TMMFX % Rank
US
94.60% -0.60% 102.38% N/A
Non US
0.00% 0.00% 22.38% N/A

TMMFX - Expenses

Operational Fees

TMMFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.56% 0.09% 2.11% N/A
Management Fee 0.34% 0.08% 1.30% N/A
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.05% 0.00% 0.33% N/A

Sales Fees

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

Trading Fees

TMMFX 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.

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

TMMFX - Distributions

Dividend Yield Analysis

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

Dividend Distribution Analysis

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

Net Income Ratio Analysis

TMMFX Category Low Category High TMMFX % Rank
Net Income Ratio 3.36% -0.21% 4.62% N/A

Capital Gain Distribution Analysis

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

Dividend Payout History

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TMMFX - Fund Manager Analysis

Tenure Analysis

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