American Funds Short-Term Tax-Exempt Bd Fd Cl F-1 Shs (FSTTX)
American Funds Short-Term Tax-Exempt Bd Fd Cl F-1 Shs operates in the Asset Management industry of the Financial Services sector, headquartered in Los Angeles, CA, US. The stock last traded at $9.82, down 0.30% on the session, giving a market capitalisation of $2.21B. Its beta of 0.36 implies it has historically moved less than the broad market.
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 regular federal income tax and that do not subject the investors to federal alternative minimum tax. The fund invests primarily in debt securities rated AA- or better or Aa3 or better, or unrated but determined by the fund's investment adviser to be of equivalent quality. Its aggregate portfolio will have a dollar-weighted average effective maturity no greater than three years.
American Funds Short-Term Tax-Exempt Bd Fd Cl F-1 Shs is most often compared with the following Financial Services names: