American Funds Tax-Exempt Fund of California A (TAFTX)
16.79
0.00 (0.00%)
USD |
Dec 04 2025
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.56% | 3.350B | -- | 32.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 74.37M | 1.83% | Upgrade | Upgrade |
Basic Info
| Investment Strategy | |
| The Fund seeks to provide a high level of current income exempt from regular federal and California income taxes. Its secondary objective is preservation of capital. The Fund seeks to achieve its objectives by primarily investing in municipal bonds issued by the state of California and its agencies and municipalities. |
| General | |
| Security Type | Mutual Fund |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal |
| Peer Group | California Municipal Debt Funds |
| Global Macro | Bond HC |
| US Macro | Single State Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | California Municipal Debt Funds |
| Fund Owner Firm Name | Capital Group/American Funds |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
10
-35.00M
Peer Group Low
85.36M
Peer Group High
1 Year
% Rank:
22
74.37M
-561.21M
Peer Group Low
977.40M
Peer Group High
3 Months
% Rank:
8
-95.75M
Peer Group Low
548.05M
Peer Group High
3 Years
% Rank:
11
-1.965B
Peer Group Low
1.505B
Peer Group High
6 Months
% Rank:
56
-126.92M
Peer Group Low
526.10M
Peer Group High
5 Years
% Rank:
21
-3.763B
Peer Group Low
1.849B
Peer Group High
YTD
% Rank:
21
-356.00M
Peer Group Low
974.90M
Peer Group High
10 Years
% Rank:
10
-3.351B
Peer Group Low
2.858B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of December 05, 2025.
Asset Allocation
As of September 30, 2025.
| Type | % Net |
|---|---|
| Cash | 0.00% |
| Stock | 0.00% |
| Bond | 99.92% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 0.08% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| BAY AREA TOLL AUTH CALIF TOLL BRDG REV CA 2.400 04/01/2059 | 1.19% | 100.00 | 0.00% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV CA 5.000 05/01/2054 | 0.95% | 107.29 | -0.00% |
| CALIFORNIA STATEWIDE CMNTYS DEV AUTH REV CA 5.000 10/01/2035 | 0.90% | -- | -- |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV CA 4.000 02/01/2052 | 0.89% | 101.89 | 0.00% |
|
CALIFORNIA STATEWIDE COMMUNITIES DEVELOPMENT AUTHORITY 2.65% 04-DEC-2025
|
0.83% | -- | -- |
| UNIVERSITY CALIF REVS CA 2.400 05/15/2048 | 0.73% | 100.00 | 0.00% |
| CALIFORNIA HSG FIN AGY MUN CTFS CA 3.500 11/20/2035 | 0.68% | 99.43 | -0.00% |
| CALIFORNIA MUN FIN AUTH REV CA 1.900 11/01/2035 | 0.66% | -- | -- |
| NATIONAL FIN AUTH N H MUN CTFS NH 3.925 07/20/2039 | 0.65% | 99.95 | 0.00% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV CA 5.000 02/01/2055 | 0.62% | 108.98 | -0.00% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | 0.25% |
| Actual Management Fee | 0.25% |
| Administration Fee | -- |
| Maximum Front Load | 3.75% |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP | No |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 1000.00 None |
| Minimum Subsequent Investment | 50.00 None |
Basic Info
| Investment Strategy | |
| The Fund seeks to provide a high level of current income exempt from regular federal and California income taxes. Its secondary objective is preservation of capital. The Fund seeks to achieve its objectives by primarily investing in municipal bonds issued by the state of California and its agencies and municipalities. |
| General | |
| Security Type | Mutual Fund |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal |
| Peer Group | California Municipal Debt Funds |
| Global Macro | Bond HC |
| US Macro | Single State Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | California Municipal Debt Funds |
| Fund Owner Firm Name | Capital Group/American Funds |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (12-3-25) | 3.02% |
| 30-Day SEC Yield (10-31-25) | 3.11% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 1658 |
| Bond | |
| Yield to Maturity (9-30-25) | 3.69% |
| Effective Duration | 6.80 |
| Average Coupon | 4.40% |
| Calculated Average Quality | 2.571 |
| Effective Maturity | 13.94 |
| Nominal Maturity | 18.36 |
| Number of Bond Holdings | 1657 |
As of September 30, 2025
Fund Details
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:TAFTX", "name") |
| Broad Asset Class: =YCI("M:TAFTX", "broad_asset_class") |
| Broad Category: =YCI("M:TAFTX", "broad_category_group") |
| Prospectus Objective: =YCI("M:TAFTX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |