Tax Exempt Bond Fund Of America By State

Alabama 1 86 1 14 alaska 0 23 0 55.

Tax exempt bond fund of america by state. For each fund and share class owned enter the tax exempt income dividend amount reported in box 11 of form 1099 div next to the fund s name in the worksheet. However as state income tax laws vary we are not able to advise you of the state tax status of your 2019 dividends and suggest that you consult a professional tax advisor. Investment market cap and category. Primarily invests in state municipal and public authority bonds and notes.

Find our live american funds tax exempt bond fund class f2 fund basic information. The fund will normally invest at least 80 of its assets in or derive at least 80 of its income from tax exempt securities and invest at least 65 of its assets in tax exempt securities rated in the three highest categories. The tax exempt bond fund of america class c fund 319 tebcx seeks to provide a high level of current income exempt from federal income tax consistent with the preservation of capital. For example 1 86 of the tax exempt bond fund s total tax exempt earnings came from investments in issues from the state of alabama.

The american funds tax exempt bond fund offers investors a portfolio of muni bonds issued by cities states counties or other municipalities throughout the u s.