Tax-exempt Fund is trading at 16.81 as of the 21st of November 2024; that is 0.06% down since the beginning of the trading day. The fund's open price was 16.82. Tax-exempt Fund has about a 22 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Tax Exempt Fund Of are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of August 2024 and ending today, the 21st of November 2024. Click here to learn more.
The fund seeks to achieve its objectives by primarily investing in municipal bonds issued by the state of California and its agencies and municipalities. It may also invest in municipal securities that are issued by jurisdictions outside California. The fund will invest at least 80 percent of its assets in, or derive at least 80 percent of its income from, securities that are exempt from both regular federal and California income taxes and that do not subject the investors to federal alternative minimum tax.. More on Tax Exempt Fund Of
Tax Exempt Fund Of [TECFX] is traded in USA and was established 21st of November 2024. Tax-exempt Fund is listed under American Funds category by Fama And French industry classification. The fund is listed under Muni California Long category and is part of American Funds family. This fund at this time has accumulated 2.71 B in assets with no minimum investment requirementsTax Exempt Fund is currently producing year-to-date (YTD) return of 2.67% with the current yeild of 0.0%, while the total return for the last 3 years was -0.25%.
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Tax-exempt Fund financial ratios help investors to determine whether Tax-exempt Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Tax-exempt with respect to the benefits of owning Tax-exempt Fund security.