TFEBX – Fund Analysis – American Funds Tax Exempt Bond F3 | Morningstar

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Will TFEBX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

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Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable TFEBX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar

The People Pillar is our evaluation of the TFEBX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar

The Parent Pillar is our rating of TFEBX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A standout.

Associate Director Elizabeth Foos

Elizabeth Foos

Associate Director

Summary

With its skilled investors, American Funds Tax-Exempt Bond’s collaborative and robust approach merits a Process rating upgrade to High from Above Average.

by Elizabeth Foos

Rated on May 21, 2024 Published on May 21, 2024

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