American
Funds Short-Term Tax-Exempt Bond Fund®
Limited Term Tax-Exempt Bond Fund of America®
The Tax-Exempt Bond Fund of America®
American High-Income Municipal Bond Fund®
The American Funds Tax-Exempt Series IISM
(The Tax-Exempt Fund of California®)
American Funds Tax-Exempt Fund of New York®
Part
B
Statement of Additional Information
October 1, 2016
This document is not a prospectus but should be read in conjunction with the current prospectus of American Funds Short-Term Tax-Exempt Bond Fund (STEX), Limited Term Tax-Exempt Bond Fund of America (LTEX), The Tax-Exempt Bond Fund of America (TEBF), American High-Income Municipal Bond Fund (AHIM), The American Funds Tax-Exempt Series II The Tax-Exempt Fund of California (TEFCA), and American Funds Tax-Exempt Fund of New York (TEFNY), dated October 1, 2016, and, where applicable, the Class R-6 prospectus for LTEX, TEBF and AHIM, dated October 1, 2016. Except where the context indicates otherwise, all references herein to the fund apply to each of the funds listed below. The prospectus may be obtained from your financial advisor, by calling American Funds Service Company® at (800) 421-4225 or by writing to the funds at the following addresses:
Attention: Secretary
American Funds Short-Term Tax-Exempt Bond Fund | |
Limited Term Tax-Exempt Bond Fund of America | |
The Tax-Exempt Bond Fund of America | |
American High-Income Municipal Bond Fund | |
The American Funds Tax-Exempt Series II | |
(The Tax-Exempt Fund of California) | American Funds Tax-Exempt Fund of New York |
333 South Hope Street | 6455 Irvine Center Drive |
Los Angeles, California 90071 | Irvine, California 92618 |
Class A | Class B | Class C | Class F-1 | Class F-2 | Class R-6 | |
American Funds Short-Term Tax-Exempt Bond Fund | ASTEX | N/A | N/A | FSTTX | ASTFX | N/A |
Limited Term Tax-Exempt Bond Fund of America | LTEBX | LTXBX | LTXCX | LTXFX | LTEFX | N/A |
The Tax-Exempt Bond Fund of America | AFTEX | TEBFX | TEBCX | AFTFX | TEAFX | N/A |
American High-Income Municipal Bond Fund | AMHIX | ABHMX | AHICX | ABHFX | AHMFX | N/A |
The Tax-Exempt Fund of California | TAFTX | TECBX | TECCX | TECFX | TEFEX | N/A |
American Funds Tax-Exempt Fund of New York | NYAAX | NYABX | NYACX | NYAEX | NYAFX | N/A |
Table of Contents
Item | Page no. |
Certain investment limitations and guidelines | 2 |
Description of certain securities, investment techniques and risks | 5 |
Fund policies | 16 |
Management of the fund | 18 |
Execution of portfolio transactions | 59 |
Disclosure of portfolio holdings | 62 |
Price of shares | 64 |
Taxes and distributions | 67 |
Purchase and exchange of shares | 70 |
Sales charges | 75 |
Sales charge reductions and waivers | 78 |
Selling shares | 82 |
Shareholder account services and privileges | 83 |
General information | 86 |
Appendix | 97 |
Investment portfolio | |
Financial statements |
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Certain investment limitations and guidelines
The following limitations and guidelines are considered at the time of purchase, under normal circumstances, and are based on a percentage of each funds net assets unless otherwise noted. This summary is not intended to reflect all of the funds investment limitations.
American Funds Short-Term Tax-Exempt Bond Fund
· The fund will invest at least 80% of its assets in, or derive at least 80% of its income from, securities exempt from regular federal income tax and that do not subject shareholders to federal alternative minimum tax.
· The fund may invest up to 20% of its assets in securities that may subject fund shareholders to federal alternative minimum tax.
· The fund will invest at least 80% of its assets in bonds (for purposes of this limit, bonds include any debt instrument and cash equivalents, and may include certain preferred securities).
· The fund may invest up to 20% of its assets in debt securities rated in the A rating category (by Nationally Recognized Statistical Rating Organizations (NRSROs) designated by the funds investment adviser) or unrated but determined by the funds investment adviser to be of equivalent quality. The fund currently intends to look to the ratings from Moodys Investors Service, Standard & Poors Ratings Services and Fitch Ratings. If rating agencies differ, securities will be considered to have received the highest of these ratings, consistent with the fund's investment policies.
· The fund will not purchase debt securities rated BBB+ or below and Baa1 or below (by NRSROs designated by the funds investment adviser) or unrated but determined by the funds investment adviser to be of equivalent quality.
· The funds dollar-weighted average effective maturity will be no greater than three years.
Limited Term Tax-Exempt Bond Fund of America
· The fund will invest at least 80% of its assets in, or derive at least 80% of its income from, securities exempt from regular federal income tax and that do not subject fund shareholders to alternative minimum tax.
· The fund may invest up to 20% of its assets in securities that may subject fund shareholders to federal alternative minimum tax.
· The fund will invest at least 80% of its assets in bonds (for purposes of this limit, bonds include any debt instrument and cash equivalents, and may include certain preferred securities).
· The fund may invest up to 20% of its assets in debt securities in the rating category of BBB and the rating category of Baa (by NRSROs designated by the funds investment adviser) or unrated but determined by the funds investment adviser to be of equivalent quality. The fund currently intends to look to the ratings from Moodys Investors Service, Standard & Poors Ratings Services and Fitch Ratings. If rating agencies differ, securities will be considered to have received the highest of these ratings, consistent with the fund's investment policies.
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· The fund will not purchase debt securities rated BB+ or below and Ba1 or below (by NRSROs designated by the funds investment adviser) or unrated but determined by the funds investment adviser to be of equivalent quality.
· The dollar-weighted average effective maturity of the funds portfolio will be between three and 10 years.
The Tax-Exempt Bond Fund of America
· The fund will invest at least 80% of its assets in, or derive at least 80% of its income from, securities exempt from regular federal income tax.
· The fund will not invest in securities that subject fund shareholders to federal alternative minimum tax.
· The fund will invest at least 80% of its assets in bonds (for purposes of this limit, bonds include any debt instrument and cash equivalents, and may include certain preferred securities).
· The fund will invest at least 65% of its assets in debt securities rated A- or better or A3 or better (by NRSROs designated by the funds investment adviser) or unrated but determined by the funds investment adviser to be of equivalent quality, including cash and money market instruments. The fund currently intends to look to the ratings from Moodys Investors Service, Standard & Poors Ratings Services and Fitch Ratings. If rating agencies differ, securities will be considered to have received the highest of these ratings, consistent with the fund's investment policies.
· The fund may invest up to 35% of its assets in debt securities rated BBB+ or below and Baa1 or below (by NRSROs designated by the funds investment adviser) or unrated but determined by the funds investment adviser to be of equivalent quality.
· The fund may invest up to 10% of its assets in debt securities rated BB+ or below and Ba1 or below (by NRSROs designated by the funds investment adviser) or unrated but determined by the funds investment adviser to be of equivalent quality.
American High-Income Municipal Bond Fund
· The fund will invest at least 80% of its assets in, or derive at least 80% of its income from, securities exempt from regular federal income tax (including securities subject to alternative minimum tax).
· The fund may invest, without limitation, in securities that may subject fund shareholders to federal alternative minimum tax.
· The fund will invest at least 80% of its assets in bonds (for purposes of this limit, bonds include any debt instrument and cash equivalents, and may include certain preferred securities).
· The fund will invest at least 65% of its assets in debt securities rated A+ or below or A1 or below (by NRSROs designated by the funds investment adviser) or unrated but determined by the funds investment adviser to be of equivalent quality. The fund currently intends to look to the ratings from Moodys Investors Service, Standard & Poors Ratings Services and Fitch Ratings. If rating agencies differ, securities will be considered to have received the lowest of these ratings, consistent with the funds investment policies.
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· The fund will invest at least 50% of its assets in debt securities rated BBB+ or below or Baa1 or below (by NRSROs designated by the funds investment adviser) or unrated but determined by the funds investment adviser to be of equivalent quality.
The Tax-Exempt Fund of California
· 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 both regular federal and California income taxes and that do not subject fund shareholders to alternative minimum tax.
· The fund may invest up to 20% of its assets in securities that may subject fund shareholders to federal alternative minimum tax.
· The fund may invest up to 10% of its assets in debt securities rated BB+ or below and Ba1 or below (by NRSROs designated by the funds investment adviser) or unrated but determined by the funds investment adviser to be of equivalent quality. The fund currently intends to look to the ratings from Moodys Investors Service, Standard & Poors Ratings Services and Fitch Ratings. If rating agencies differ, securities will be considered to have received the highest of these ratings, consistent with the fund's investment policies.
American Funds Tax-Exempt Fund of New York
· 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, New York State and New York City income taxes and that do not subject fund shareholders to alternative minimum tax.
· The fund may invest up to 20% of its assets in securities that may subject fund shareholders to alternative minimum tax.
· The fund may invest up to 10% of its assets in debt securities rated BB+ or below and Ba1 or below (by NRSROs designated by the funds investment adviser) or unrated but determined by the funds investment adviser to be of equivalent quality. The fund currently intends to look to the ratings from Moodys Investors Service, Standard & Poors Ratings Services and Fitch Ratings. If rating agencies differ, securities will be considered to have received the highest of these ratings, consistent with the fund's investment policies.
* * * * * *
The fund may experience difficulty liquidating certain portfolio securities during significant market declines or periods of heavy redemptions.
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Description of certain securities, investment techniques and risks
The descriptions below are intended to supplement the material in the prospectus under Investment objectives, strategies and risks.
Debt instruments Debt securities, also known as fixed-income securities, are used by issuers to borrow money. Bonds, notes, debentures, asset-backed securities (including those backed by mortgages), and loan participations and assignments are common types of debt securities. Generally, issuers pay investors periodic interest and repay the amount borrowed either periodically during the life of the security and/or at maturity. Some debt securities, such as zero coupon bonds, do not pay current interest, but are purchased at a discount from their face values and their values accrete over time to face value at maturity. Some debt securities bear interest at rates that are not fixed, but that vary with changes in specified market rates or indices. The market prices of debt securities fluctuate depending on such factors as interest rates, credit quality and maturity. In general, market prices of debt securities decline when interest rates rise and increase when interest rates fall. These fluctuations will generally be greater for longer-term debt securities than for shorter-term debt securities. Prices of these securities can also be affected by financial contracts held by the issuer or third parties (such as derivatives) relating to the security or other assets or indices.
Lower rated debt securities, rated Ba1/BB+ or below by Nationally Recognized Statistical Rating Organizations, are described by the rating agencies as speculative and involve greater risk of default or price changes due to changes in the issuers creditworthiness than higher rated debt securities, or they may already be in default. Such securities are sometimes referred to as junk bonds or high yield bonds. The market prices of these securities may fluctuate more than higher quality securities and may decline significantly in periods of general economic difficulty. It may be more difficult to dispose of, and to determine the value of, lower rated debt securities. Investment grade bonds in the ratings categories A or Baa/BBB also may be more susceptible to changes in market or economic conditions than bonds rated in the highest rating categories.
Certain additional risk factors relating to debt securities are discussed below:
Sensitivity to interest rate and economic changes Debt securities may be sensitive to economic changes, political and corporate developments, and interest rate changes. In addition, during an economic downturn or a period of rising interest rates, issuers that are highly leveraged may experience increased financial stress that could adversely affect their ability to meet projected business goals, to obtain additional financing and to service their principal and interest payment obligations. Periods of economic change and uncertainty also can be expected to result in increased volatility of market prices and yields of certain debt securities and derivative instruments. For example, during the financial crisis of 2007-2009, the Federal Reserve implemented a number of economic policies that impacted, and may continue to impact, interest rates and the market. These policies, as well as potential actions by governmental entities both in and outside of the U.S., may expose fixed-income markets to heightened volatility and may reduce liquidity for certain investments, which could cause the value of the funds portfolio to decline.
Payment expectations Debt securities may contain redemption or call provisions. If an issuer exercises these provisions in a lower interest rate market, the fund may have to replace the security with a lower yielding security, resulting in decreased income to investors. If the issuer of a debt security defaults on its obligations to pay interest or principal or is the subject of bankruptcy proceedings, the fund may incur losses or expenses in seeking recovery of amounts owed to it.
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Liquidity and valuation There may be little trading in the secondary market for particular debt securities, which may affect adversely the funds ability to value accurately or dispose of such debt securities. Adverse publicity and investor perceptions, whether or not based on fundamental analysis, may decrease the value and/or liquidity of debt securities.
The investment adviser attempts to reduce the risks described above through diversification of the funds portfolio and by credit analysis of each issuer, as well as by monitoring broad economic trends and corporate and legislative developments, but there can be no assurance that it will be successful in doing so.
Credit ratings for debt securities provided by rating agencies reflect an evaluation of the safety of principal and interest payments, not market value risk. The rating of an issuer is a rating agencys view of past and future potential developments related to the issuer and may not necessarily reflect actual outcomes. There can be a lag between the time of developments relating to an issuer and the time a rating is assigned and updated. The investment adviser considers these ratings of securities as one of many criteria in making its investment decisions.
Bond rating agencies may assign modifiers (such as +/) to ratings categories to signify the relative position of a credit within the rating category. Investment policies that are based on ratings categories should be read to include any security within that category, without giving consideration to the modifier except where otherwise provided. See the Appendix to this statement of additional information for more information about credit ratings.
Municipal bonds Municipal bonds are debt obligations generally issued to obtain funds for various public purposes, including the construction of public facilities. Opinions relating to the validity of municipal bonds, exclusion of municipal bond interest from an investors gross income for federal income tax purposes and, where applicable, state and local income tax, are rendered by bond counsel to the issuing authorities at the time of issuance.
The two principal classifications of municipal bonds are general obligation bonds and limited obligation or revenue bonds. General obligation bonds are secured by the issuers pledge of its full faith and credit including, if available, its taxing power for the payment of principal and interest. Issuers of general obligation bonds include states, counties, cities, towns and various regional or special districts. The proceeds of these obligations are used to fund a wide range of public facilities, such as the construction or improvement of schools, highways and roads, water and sewer systems and facilities for a variety of other public purposes. Lease revenue bonds or certificates of participation in leases are payable from annual lease rental payments from a state or locality. Annual rental payments are payable to the extent such rental payments are appropriated annually.
Typically, the only security for a limited obligation or revenue bond is the net revenue derived from a particular facility or class of facilities financed thereby or, in some cases, from the proceeds of a special tax or other special revenues. Revenue bonds have been issued to fund a wide variety of revenue-producing public capital projects including: electric, gas, water and sewer systems; highways, bridges and tunnels; port and airport facilities; colleges and universities; hospitals; and convention, recreational, tribal gaming and housing facilities. Although the security behind these bonds varies widely, many provide additional security in the form of a debt service reserve fund which may also be used to make principal and interest payments on the issuer's obligations. In addition, some revenue obligations (as well as general obligations) are insured by a bond insurance company or backed by a letter of credit issued by a banking institution.
Revenue bonds also include, for example, pollution control, health care and housing bonds, which, although nominally issued by municipal authorities, are generally not secured by the taxing power of the municipality but by the revenues of the authority derived from payments by the private entity which
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owns or operates the facility financed with the proceeds of the bonds. Obligations of housing finance authorities have a wide range of security features, including reserve funds and insured or subsidized mortgages, as well as the net revenues from housing or other public projects. Many of these bonds do not generally constitute the pledge of the credit of the issuer of such bonds. The credit quality of such revenue bonds is usually directly related to the credit standing of the user of the facility being financed or of an institution which provides a guarantee, letter of credit or other credit enhancement for the bond issue.
Municipal lease obligations The fund may invest, without limitation, in municipal lease revenue obligations that are determined to be liquid by the investment adviser. In determining whether these securities are liquid, the investment adviser will consider, among other things, the credit quality and support, including strengths and weaknesses of the issuers and lessees, the terms of the lease, the frequency and volume of trading and the number of dealers trading the securities.
Municipal inflation-indexed bonds The fund may invest in inflation-indexed bonds issued by municipalities. Interest payments are made to bondholders semi-annually and are made up of two components: a fixed real coupon or spread, and a variable coupon linked to an inflation index. Accordingly, payments will increase or decrease each period as a result of changes in the inflation index. In a period of deflation payments may decrease to zero, but in any event will not be less than zero.
Insured municipal bonds The fund may invest in municipal bonds that are insured generally as to the timely payment of interest and principal. The insurance for such bonds may be purchased by the bond issuer, the fund or any other party, and is usually purchased from private, non-governmental insurance companies. When assigning a credit rating to an insured municipal bond the investment adviser considers the higher of the credit rating of the insurer, based on the insurers claims-paying ability, and the credit rating of the issuer (or the equivalent as determined by the investment adviser if the issuer is not rated by the rating agencies). Insurance that covers a municipal bond does not guarantee the market value of the bond or the prices of the funds shares. If the credit rating of the insurer were reduced, this could have an adverse effect upon the credit rating of the insured bond and, therefore, its market value.
U.S. Territories and Commonwealth obligations The fund may invest in obligations of the territories and Commonwealths of the United States, such as Puerto Rico, the U.S. Virgin Islands, Guam and their agencies and authorities, to the extent such obligations are exempt from federal income taxes. Adverse political and economic conditions and developments affecting any territory or Commonwealth may, in turn, affect negatively the value of the funds holdings in such obligations.
The following section provides only a brief summary of the complex factors affecting the financial condition of Puerto Rico that could adversely affect the funds investments in Puerto Rico municipal obligations. This information is based on information publicly available from Commonwealth authorities and other sources available prior to July 15, 2016 and has not been independently verified.
For the last several years, certain municipal issuers in Puerto Rico have experienced and, in some cases, continue to experience significant financial difficulties. The Puerto Rican economy is characterized by ongoing economic stagnation and fiscal challenges, including persistent budget deficits, underfunded public pensions, high unemployment, significant debt service obligations and liquidity issues. On July 5, 2016, following Puerto Ricos payment default on certain general obligation bonds, Fitch Ratings downgraded Puerto Ricos issuer default rating to RD and its general obligation bond rating to D. From December 2015 through July 2016, the credit ratings of Puerto Ricos general obligation bonds were downgraded by Moodys Investors Service and Standard & Poors Ratings Services to Caa3 and D, respectively. The downgraded credit rating has triggered the acceleration of certain of the Commonwealths debt instruments and additional collateral requirements for certain of
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its interest rate exchange agreements. More broadly, the credit rating downgrades have led to less market demand, less liquidity, wider spreads and lower prices for Puerto Rico municipal securities. Puerto Ricos continued financial difficulties, including default and restructuring of certain Puerto Rico municipal securities, could further reduce its ability to access financial markets, which may adversely affect the funds investments and investment results.
In June 2014, Puerto Rico enacted the Puerto Rico Corporations Debt Enforcement and Recovery Act (the Debt Enforcement Act), which would have permitted certain public corporations in Puerto Rico to restructure their outstanding debt obligations should they become insolvent. Certain holders of Puerto Rico municipal debt filed suit to have the Debt Enforcement Act declared unconstitutional and unenforceable. In June 2016, the U.S. Supreme Court ruled that the Debt Enforcement Act is unconstitutional as preempted by the U.S. Bankruptcy Code and therefore void.
President Obama signed the Puerto Rico Oversight, Management, and Economic Stability Act (PROMESA) on June 30, 2016. The PROMESA allows Puerto Rico to restructure its outstanding debt obligations. It also establishes an oversight and management board that is empowered to approve Puerto Ricos fiscal plans and budgets. Additionally, the PROMESA stays creditor litigation until the later of February 15, 2017 or six months after the establishment of the board. The stay also applies retroactively to litigation commenced since December 18, 2015.
On April 6, 2016, Governor Padilla signed into law the Puerto Rico Emergency Moratorium and Financial Rehabilitation Act (Emergency Moratorium Act), which enabled the Governor to declare a moratorium on debt payments until at least January 2017. Pursuant to the Emergency Moratorium Act, Governor Padilla issued an executive order on June 30, 2016 declaring a moratorium on the Commonwealths obligation to make payments on any bonds or notes issued or guaranteed by the Commonwealth. Accordingly, Puerto Rico did not make its debt payment of $1.9 billion scheduled for July 1, 2016. Holders of Puerto Rican general obligation bonds brought suit in the U.S. District Court for the Southern District of New York challenging the Emergency Moratorium Act. Although it is not presently possible to predict the ultimate outcome of these proceedings, if the District Court upholds the Emergency Moratorium Act, issuers of Puerto Rican debt obligations will be temporarily permitted to suspend payments. Such a suspension of payments could have a negative impact on the marketability, liquidity or value of certain investments held by the fund, which could adversely affect its investment results.
Puerto Rico is a party to numerous legal proceedings that, if decided against the Commonwealth, might require the Commonwealth to make significant future expenditures or impair future revenue sources. Because of the prospective nature of these proceedings, it is not presently possible to predict the outcome of such litigation, estimate the potential impact on the ability of the Commonwealth to pay debt service costs on its obligations, or determine what impact, if any, such proceedings may have on the funds investments.
Zero coupon bonds Municipalities may issue zero coupon securities which are debt obligations that do not entitle the holder to any periodic payments of interest prior to maturity or a specified date when the securities begin paying current interest. They are issued and traded at a discount from their face amount or par value, which discount varies depending on the time remaining until cash payments begin, prevailing interest rates, liquidity of the security, and the perceived credit quality of the issuer.
Pre-refunded bonds From time to time, a municipality may refund a bond that it has already issued prior to the original bonds call date by issuing a second bond, the proceeds of which are used to purchase U.S. government securities. The securities are placed in an escrow account pursuant to an agreement between the municipality and an independent escrow agent. The principal and interest payments on the securities are then used to pay off the original bondholders.
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Cash and cash equivalents The fund may hold cash and invest in cash equivalents. Cash equivalents include, but are not limited to: (a) tax-exempt commercial paper (e.g., short-term notes obligations issued by municipalities that mature, or that may be redeemed in 270 days or less); (b) municipal notes (e.g., bond anticipation notes, revenue anticipation notes, and tax anticipation notes issued by municipalities that mature, or that may be redeemed in one year or less); (c) municipal obligations backed by letters of credit issued by banks or other financial institutions or government agencies that mature, or that may be redeemed in one year or less; (d) tax-exempt variable rate debt issued by municipal conduits for corporate obligors; and (e) securities of the U.S. government, its agencies or instrumentalities that mature, or that may be redeemed in one year or less.
Temporary investments The fund may invest in short-term municipal obligations of up to one year in maturity when temporary defensive strategies are used as a result of abnormal market conditions, or when such investments are considered advisable for liquidity. Generally, the income from such short-term municipal obligations is exempt from federal income tax. Further, a portion of the funds assets may be held in cash or invested in high-quality taxable short-term securities of up to one year in maturity. Such investments may include: (a) obligations of the U.S. Treasury; (b) obligations of agencies and instrumentalities of the U.S. government; (c) money market instruments, such as certificates of deposit issued by domestic banks, corporate commercial paper, and bankers' acceptances; and (d) repurchase agreements.
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Forward commitment, when issued and delayed delivery transactions The fund may enter into commitments to purchase or sell securities at a future date. When the fund agrees to purchase such securities, it assumes the risk of any decline in value of the security from the date of the agreement. If the other party to such a transaction fails to deliver or pay for the securities, the fund could miss a favorable price or yield opportunity, or could experience a loss.
The fund will not use these transactions for the purpose of leveraging and will segregate liquid assets that will be marked to market daily in an amount sufficient to meet its payment obligations in these transactions. Although these transactions will not be entered into for leveraging purposes, to the extent the funds aggregate commitments in connection with these transactions exceed its segregated assets, the fund temporarily could be in a leveraged position (because it may have an amount greater than its net assets subject to market risk). Should market values of the funds portfolio securities decline while the fund is in a leveraged position, greater depreciation of its net assets would likely occur than if it were not in such a position. The fund will not borrow money to settle these transactions and, therefore, will liquidate other portfolio securities in advance of settlement if necessary to generate additional cash to meet its obligations. After a transaction is entered into, the fund may still dispose of or renegotiate the transaction. Additionally, prior to receiving delivery of securities as part of a transaction, the fund may sell such securities.
Variable and floating rate obligations The interest rates payable on certain securities in which the fund may invest may not be fixed but may fluctuate based upon changes in market rates or credit ratings. Variable and floating rate obligations bear coupon rates that are adjusted at designated intervals, based on the then current market rates of interest or credit ratings. The rate adjustment features tend to limit the extent to which the market value of the obligations will fluctuate.
Issue classification Securities with the same general quality rating and maturity characteristics, but which vary according to the purpose for which they were issued, often tend to trade at different yields. Correspondingly, securities issued for similar purposes and with the same general maturity characteristics, but which vary according to the creditworthiness of their respective issuers, tend to trade at different yields. These yield differentials tend to fluctuate in response to political and economic developments, as well as temporary imbalances in normal supply/demand relationships. The investment adviser monitors these fluctuations closely, and will attempt to adjust portfolio concentrations in various issue classifications according to the value disparities brought about by these yield relationship fluctuations.
The investment adviser believes that, in general, the market for municipal bonds is less liquid than that for taxable fixed-income securities. Accordingly, the ability of the fund to make purchases and sales of securities in the foregoing manner may, at any particular time and with respect to any particular securities, be limited or non-existent.
Private placements Generally, municipal securities acquired in private placements are subject to contractual restrictions on resale. Accordingly, all private placements will be considered illiquid unless they have been specifically determined to be liquid, taking into account factors such as the frequency and volume of trading and the commitment of dealers to make markets under procedures adopted by each funds board of trustees.
Restricted or illiquid securities The fund may purchase securities subject to restrictions on resale. Difficulty in selling such securities may result in a loss or be costly to the fund. Some fund holdings (including some restricted securities) may be deemed illiquid if they cannot be sold in the ordinary course of business at approximately the price at which the fund values them. The determination of whether a holding is considered liquid or illiquid is made by the funds adviser under procedures adopted by the funds board. The funds adviser makes this determination based on factors it deems relevant, such as the frequency and volume of trading, the commitment of dealers to make markets
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and the availability of qualified investors, all of which can change from time to time. The fund may incur significant additional costs in disposing of illiquid securities. If the fund holds more than 15% of its net assets in illiquid assets due to the appreciation of illiquid securities, the depreciation of liquid securities or changes in market conditions, the fund will seek over time to increase its investments in liquid securities to the extent practicable.
Investing in similar municipal bonds The fund may invest more than 25% of its assets in municipal obligations of issuers located in the same state or in municipal obligations of the same type that may pay interest on their obligations with revenue from similar projects. This may make a fund more susceptible to economic, political, or regulatory occurrences that affect such issuers, obligation types and projects, such as changes in healthcare regulations, environmental considerations, construction cost increases and labor problems, failure of healthcare facilities to maintain adequate occupancy levels, and inflation. As the similarity in issuers of municipal obligations held by a fund increases, the potential for fluctuations in the funds share price also may increase.
Tax-exempt securities While the fund seeks to purchase securities which bear interest that is exempt from federal income taxes and in the case of TEFCA and TEFNY, also seeks to purchase securities which bear interest that is exempt from (1) California income taxes and (2) New York City and New York state taxes, respectively there are risks that such interest may be reclassified as taxable by the Internal Revenue Service, or a state tax authority. Actions by the issuer or future legislative, administrative or court actions also could adversely affect the tax-exempt status of interest paid by such securities. Such reclassifications or actions could cause interest from a security to become includable in the gross income of the holder of the security, possibly retroactively, subjecting fund shareholders to increased tax liability. In addition, such reclassifications or actions could cause the value of a security, and therefore the value of the funds shares, to decline.
Securities subject to alternative minimum tax The fund (other than TEBF) may invest in tax-exempt securities believed to pay interest constituting an item of tax preference subject to alternative minimum tax. Therefore, while the funds distributions from tax-exempt securities are not subject to regular federal income tax, a portion or all may be included in determining a shareholder's federal alternative minimum tax.
Maturity In calculating the effective maturity or average life of a particular debt security, a put, call, sinking fund or other feature will be considered to the extent it results in a security whose market characteristics indicate an effective maturity or average life that is shorter than its nominal or stated maturity. The investment adviser will consider the impact on effective maturity of potential changes in the financial condition of issuers and in market interest rates in making investment selections for the fund.
Adjustment of maturities The investment adviser seeks to anticipate movements in interest rates and may adjust the maturity distribution of the funds portfolio accordingly, keeping in mind the funds objectives.
Risk factors relating to California debt obligations Because TEFCA invests in securities issued by the State of California, its agencies and municipalities, the fund is more susceptible to developments adversely affecting issuers of California securities than a municipal bond fund that does not concentrate its investments in a single state. The information below constitutes only a brief summary and does not purport to be a complete description of risk factors relating to California debt obligations. Certain information is drawn from official statements relating to securities offerings of the State of California and various local agencies in California available as of the date of this statement of additional information and is subject to change. The fund assumes no obligation to independently verify or update this information.
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Many factors including both state and national economic, political, regulatory, social and environmental policies and conditions, which are not within the control of the issuers of state related bonds, could have an adverse impact on the financial condition of the state, its various agencies and political subdivisions, as well as other municipal issuers in California. A variety of events, such as, tax base erosion, state constitutional limits on tax increases, budget deficits and other financial difficulties, and changes in the credit ratings assigned to Californias municipal issuers may have an adverse impact on the fund. In addition, natural disasters, such as earthquakes and droughts, may have an adverse effect on the states economy.
Californias economy and general financial condition affect the ability of state and local governments to raise revenues to make timely payments on their obligations. Events such as budgetary problems at the state level, fiscal weakness or an overall slowdown in the California economy could adversely impact the fund. Such events can negatively impact the states credit rating, make it more expensive for the state to borrow money, and impact municipal issuers ability to pay their obligations. Such events could also heighten the risk that prices of debt obligations purchased by the fund, and the funds net asset value, will experience greater volatility.
California is the most populous state in the nation and has a diverse economy. Major employers include the agriculture, manufacturing, high technology, services, trade, entertainment and construction sectors. However, certain of Californias significant industries are sensitive to economic disruptions in their export markets. The states rate of economic growth, therefore, could be adversely affected by any such disruption. A significant downturn in the housing market or U.S. stock market prices could adversely affect Californias economy by reducing household spending and business investment, particularly in the high technology sector. Moreover, a large and increasing share of the State of Californias General Fund revenue in the form of income and capital gains taxes is directly related to, and would be adversely affected by a significant downturn in the performance of, the stock markets.
Future California constitutional amendments, legislative measures, executive orders, administrative regulations, court decisions and voter initiatives could have an adverse effect on the debt obligations of California issuers. The initiative process is used quite often in California, resulting in numerous initiative items on the ballot for most state and many local elections, any of which could affect the ability of municipal issuers to pay their obligations. For example, revenue and expenditure limitations adopted by California voters, such as Propositions 13 (limiting ad valorem taxes on real property and restricting local taxing entities ability to raise real property taxes) and 218 (limiting local governments' ability to impose property related fees, assessments and taxes) have constrained local governments ability to raise revenue, consequently raising concerns about whether municipalities have sufficient revenue to pay their debt obligations.
While the funds portfolio managers try to reduce risks by investing in a diversified portfolio of securities, including state related bonds, it is not possible to predict the extent to which any or all of the factors described above will affect the ability of the state or other municipal issuers to pay interest or principal on their bonds or the ability of such bonds to maintain market value or marketability.
Risk factors relating to New York debt obligations Because TEFNY invests in securities issued by the State of New York, its agencies and municipalities, the fund is more susceptible to developments adversely affecting issuers of New York securities than a municipal bond fund that does not concentrate its investments in a single state. The information below constitutes only a brief summary and does not purport to be a complete description of risk factors relating to New York debt obligations. Certain information is drawn from official statements relating to securities offerings of the State of New York and various local agencies in New York available as of the date of this statement of additional information and is subject to change. The fund assumes no obligation to independently verify or update this information.
Tax-exempt income funds Page 12
Many factors including both state and national economic, political, regulatory, social and environmental policies and conditions, which are not within the control of the issuers of state related bonds, could have an adverse impact on the financial condition of the state, its various agencies and political subdivisions, as well as other municipal issuers in New York. New Yorks economy and general financial condition affect the ability of state and local governments to raise revenues to make timely payments on their obligations. A variety of events, such as, tax base erosion, state constitutional limits on tax increases, budget deficits and other financial difficulties, changes in the credit ratings assigned to New Yorks municipal issuers and natural disasters may have an adverse impact on the fund. Such events can negatively impact the states credit rating, make it more expensive for the state to borrow money, and impact issuers ability to pay their obligations. Such events could also heighten the risk that prices of debt obligations purchased by the fund, and the funds net asset value, will experience greater volatility.
In addition, New York State and New York City represent a large portion of the municipal bond market in New York. Therefore, fiscal and economic challenges facing these entities may have an adverse impact on the overall New York municipal bond market.
The ability of some New York issuers to make principal and interest payments depends in large part on their ability to raise revenues, primarily through taxes, and to control spending. Many factors can affect the states revenues including the rate of population growth, unemployment rates, personal income growth, federal aid, and the ability to attract and keep successful businesses. A number of factors can also affect the states spending including the need for infrastructure improvements, increased costs for education and other services, current debt levels, and the existence of accumulated budget deficits.
While New York States economy is diverse, it has a comparatively large share of the nations financial activities, information, education and health services employment, and a very small share of the nations farming and mining activity. Travel and tourism constitute an important part of the economy. Like the rest of the nation, the state has a declining proportion of its workforce engaged in manufacturing and an increasing proportion engaged in service industries.
The services sector, which includes professional and business services, private education and healthcare, leisure and hospitality services, among others, is the states leading economic sector. New York State is more likely to be affected by a recession that is concentrated in the services sector than other states. Additionally, New York State and New York Citys heavy reliance on the financial services sector makes it vulnerable to an economic slowdown and volatility in the financial services sector. Within New York City, the Finance, Insurance, and Real Estate (FIRE) sector represents the third largest number of jobs, but the largest amount of wages on a sector basis.
Today, unemployment rates remain significantly higher than before the recession that began in late 2007.
Future New York constitutional amendments, legislative measures, executive orders, administrative regulations, court decisions and voter initiatives could have an adverse effect on the debt obligations of New York issuers. In addition, if constitutional challenges to state laws or other court actions are brought against the state or its agencies and municipalities relating to financing, or the amount and use of taxes, these actions could adversely affect the ability of the state and its political subdivisions to meet their debt obligations, and may require extraordinary appropriations, expenditure reductions, or both.
While the funds portfolio managers try to reduce risks by investing in a diversified portfolio of securities, including state related bonds, it is not possible to predict the extent to which any or all of the factors described above will affect the ability of the state or other municipal issuers to pay interest or principal on their bonds or the ability of such bonds to maintain market value or marketability.
Tax-exempt income funds Page 13
Risk of non-compliance with certain federal requirements The Internal Revenue Code of 1986 (the Code) imposes limitations on the use and investment of the proceeds of state and local governmental bonds and of other funds of the issuers of such bonds. These limitations must be satisfied on a continuing basis to maintain the exclusion from gross income of interest on such bonds. The investment adviser relies on the opinion of bond counsel. Bond counsel qualify their opinions as to the federal tax status of new issues of bonds by making such opinions contingent on the issuers future compliance with these limitations. Any failure on the part of an issuer to comply could cause the interest on its bonds to become taxable to investors retroactive to the date the bonds were issued. These restrictions in the Code also may affect the availability of certain municipal securities.
Cybersecurity risks With the increased use of technologies such as the Internet to conduct business, the fund has become potentially more susceptible to operational and information security risks through breaches in cybersecurity. In general, a breach in cybersecurity can result from either a deliberate attack or an unintentional event. Cybersecurity breaches may involve, among other things, infection by computer viruses or other malicious software code or unauthorized access to the funds digital information systems, networks or devices through hacking or other means, in each case for the purpose of misappropriating assets or sensitive information (including, for example, personal shareholder information), corrupting data or causing operational disruption or failures in the physical infrastructure or operating systems that support the fund. Cybersecurity risks also include the risk of losses of service resulting from external attacks that do not require unauthorized access to the funds systems, networks or devices. For example, denial-of-service attacks on the investment advisers or an affiliates website could effectively render the funds network services unavailable to fund shareholders and other intended end-users. Any such cybersecurity breaches or losses of service may cause the fund to lose proprietary information, suffer data corruption or lose operational capacity, which, in turn, could cause the fund to incur regulatory penalties, reputational damage, additional compliance costs associated with corrective measures and/or financial loss. While the fund and its investment adviser have established business continuity plans and risk management systems designed to prevent or reduce the impact of cybersecurity attacks, there are inherent limitations in such plans and systems due in part to the ever-changing nature of technology and cybersecurity attack tactics, and there is a possibility that certain risks have not been adequately identified or prepared for.
In addition, cybersecurity failures by or breaches of the funds third-party service providers (including, but not limited to, the funds investment adviser, transfer agent, custodian, administrators and other financial intermediaries) may disrupt the business operations of the service providers and of the fund, potentially resulting in financial losses, the inability of fund shareholders to transact business with the fund and of the fund to process transactions, the inability of the fund to calculate its net asset value, violations of applicable privacy and other laws, rules and regulations, regulatory fines, penalties, reputational damage, reimbursement or other compensatory costs and/or additional compliance costs associated with implementation of any corrective measures. The fund and its shareholders could be negatively impacted as a result of any such cybersecurity breaches, and there can be no assurance that the fund will not suffer losses relating to cybersecurity attacks or other informational security breaches affecting the funds third-party service providers in the future, particularly as the fund cannot control any cybersecurity plans or systems implemented by such service providers.
Cybersecurity risks may also impact issuers of securities in which the fund invests, which may cause the funds investments in such issuers to lose value.
* * * * * *
Tax-exempt income funds Page 14
Portfolio turnover Portfolio changes will be made without regard to the length of time particular investments may have been held. Short-term trading profits are not the funds objective, and changes in its investments are generally accomplished gradually, though short-term transactions may occasionally be made. High portfolio turnover may involve correspondingly greater transaction costs in the form of dealer spreads or brokerage commissions. It may also result in the realization of net capital gains, which are taxable when distributed to shareholders, unless the shareholder is exempt from taxation or his or her account is tax-favored.
Fixed-income securities are generally traded on a net basis and usually neither brokerage commissions nor transfer taxes are involved. Transaction costs are usually reflected in the spread between the bid and asked price.
A funds portfolio turnover rate would equal 100% if each security in the funds portfolio were replaced once per year.
Fiscal year | Portfolio turnover rate | |
STEX | 2016 | 21% |
2015 | 38 | |
LTEX | 2016 | 16 |
2015 | 19 | |
TEBF | 2016 | 13 |
2015 | 14 | |
AHIM | 2016 | 21 |
2015 | 23 | |
TEFCA | 2016 | 11 |
2015 | 17 | |
TEFNY* | 2016 | 14 |
2015 | 42 |
* The decrease in portfolio turnover rate for TEFNY was due to decreased trading activity during the period.
See Financial highlights in the funds prospectus for annual portfolio turnover rates for each of the last five fiscal years for LTEX, TEBF, AHIM and TEFCA and annual portfolio turnover rates for STEX and TEFNY.
Tax-exempt income funds Page 15
Fund policies
All percentage limitations in the following fund policies are considered at the time securities are purchased and are based on the funds net assets unless otherwise indicated. None of the following policies involving a maximum percentage of assets will be considered violated unless the excess occurs immediately after, and is caused by, an acquisition by the fund. In managing the fund, the funds investment adviser may apply more restrictive policies than those listed below.
Fundamental policies The fund has adopted the following policies, which may not be changed without approval by holders of a majority of its outstanding shares. Such majority is currently defined in the Investment Company Act of 1940, as amended (the 1940 Act), as the vote of the lesser of (a) 67% or more of the voting securities present at a shareholder meeting, if the holders of more than 50% of the outstanding voting securities are present in person or by proxy, or (b) more than 50% of the outstanding voting securities.
1. Except as permitted by (i) the 1940 Act and the rules and regulations thereunder, or other successor law governing the regulation of registered investment companies, or interpretations or modifications thereof by the U.S. Securities and Exchange Commission (SEC), SEC staff or other authority of competent jurisdiction, or (ii) exemptive or other relief or permission from the SEC, SEC staff or other authority of competent jurisdiction, the fund may not:
a. Borrow money;
b. Issue senior securities;
c. Underwrite the securities of other issuers;
d. Purchase or sell real estate or commodities;
e. Make loans; or
f. Purchase the securities of any issuer if, as a result of such purchase, such funds investments would be concentrated in any particular industry.
2. The fund may not invest in companies for the purpose of exercising control or management.
3. The fund will maintain its status as a tax-exempt fund consistent with (i) the 1940 Act and the rules and regulations thereunder, or other successor law governing the regulation of registered investment companies, or interpretations or modifications thereof by the SEC, SEC staff or other authority of competent jurisdiction, or (ii) exemptive or other relief or permission from the SEC, SEC staff or other authority of competent jurisdiction.
Nonfundamental policies The following policy may be changed without shareholder approval and applies to STEX, LTEX, TEBF and AHIM only:
The fund may not acquire securities of open-end investment companies or unit investment trusts registered under the 1940 Act in reliance on Sections 12(d)(1)(F) or 12(d)(1)(G) of the 1940 Act.
Tax-exempt income funds Page 16
Additional information about the funds policies The information below is not part of the funds fundamental or nonfundamental policies. This information is intended to provide a summary of what is currently required or permitted by the 1940 Act and the rules and regulations thereunder, or by the interpretive guidance thereof by the SEC or SEC staff, for particular fundamental policies of the funds. Information is also provided regarding the funds current intention with respect to certain investment practices permitted by the 1940 Act.
For purposes of fundamental policy 1a, the fund may borrow money in amounts of up to 33-1/3% of its total assets from banks for any purpose. Additionally, the fund may borrow up to 5% of its total assets from banks or other lenders for temporary purposes (a loan is presumed to be for temporary purposes if it is repaid within 60 days and is not extended or renewed). The percentage limitations in this policy are considered at the time securities are purchased and thereafter.
For purposes of fundamental policy 1b, a senior security does not include any promissory note or evidence of indebtedness if such loan is for temporary purposes only and in an amount not exceeding 5% of the value of the total assets of the fund at the time the loan is made (a loan is presumed to be for temporary purposes if it is repaid within 60 days and is not extended or renewed). Further, to the extent the fund covers its commitments under certain types of agreements and transactions, including mortgage-dollar-roll transactions, sale-buybacks, when-issued, delayed-delivery, or forward commitment transactions, and other similar trading practices, by segregating or earmarking liquid assets equal in value to the amount of the funds commitment, such agreement or transaction will not be considered a senior security by the fund.
For purposes of fundamental policy 1c, the policy will not apply to the fund to the extent the fund may be deemed an underwriter within the meaning of the 1933 Act in connection with the purchase and sale of fund portfolio securities in the ordinary course of pursuing its investment objectives and strategies.
For purposes of fundamental policy 1e, the fund may not lend more than 33-1/3% of its total assets, provided that this limitation shall not apply to the funds purchase of debt obligations.
For purposes of fundamental policy 1f, the fund may not invest more than 25% of its total assets in the securities of issuers in a particular industry. This policy does not apply to investments in securities of the U.S. Government, its agencies or Government Sponsored Enterprises or repurchase agreements with respect thereto. For purposes of diversification, pre-refunded bonds will be treated as governmental issues.
For purposes of fundamental policy 3, the fund will, under normal circumstances, 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 do not subject shareholders to the alternative minimum tax. Additionally, each of STEX, LTEX, TEFCA and TEFNY may only invest up to 20% of its assets in securities that are subject to the alternative minimum tax. TEBF may not invest in securities that are subject to the alternative minimum tax. AHIM may invest, without limitation, in securities that may subject fund shareholders to federal alternative minimum tax.
Tax-exempt income funds Page 17
Management of the fund
Board of trustees and officers
Independent trustees1
The funds nominating and governance committee and board selects independent trustees with a view toward constituting a board that, as a body, possesses the qualifications, skills, attributes and experience to appropriately oversee the actions of such funds service providers, decide upon matters of general policy and represent the long-term interests of fund shareholders. In doing so, they consider the qualifications, skills, attributes and experience of the current board members, with a view toward maintaining a board that is diverse in viewpoint, experience, education and skills.
The fund seeks independent trustees who have high ethical standards and the highest levels of integrity and commitment, who have inquiring and independent minds, mature judgment, good communication skills, and other complementary personal qualifications and skills that enable them to function effectively in the context of such funds board and committee structure and who have the ability and willingness to dedicate sufficient time to effectively fulfill their duties and responsibilities.
Each independent trustee has a significant record of accomplishments in governance, business, not-for-profit organizations, government service, academia, law, accounting or other professions. Although no single list could identify all experience upon which each funds independent trustees draw in connection with their service, the following table summarizes key experience for each independent trustee. These references to the qualifications, attributes and skills of the trustees are pursuant to the disclosure requirements of the SEC, and shall not be deemed to impose any greater responsibility or liability on any trustee or the board as a whole. Notwithstanding the accomplishments listed below, none of the independent trustees is considered an expert within the meaning of the federal securities laws with respect to information in each funds registration statement.
Tax-exempt income funds Page 18
Name, year of birth and position with fund (year first elected as a trustee2) | Principal occupation(s) during the past five years |
Number
of portfolios in fund complex overseen by trustee |
Other directorships3 held by trustee during the past five years |
Other
relevant experience |
William
H. Baribault, 1945 Trustee (2010) |
CEO and President, Richard Nixon Foundation; Chairman of the Board and CEO, Oakwood Enterprises (private investment and consulting) | 81 | General Finance Corporation | · Service as chief executive officer for multiple companies · Corporate board experience · Service on advisory and trustee boards for charitable, educational and nonprofit organizations |
James
G. Ellis, 1947 Trustee (STEX2009; LTEX2006; TEBF2006; AHIM2006; TEFCA2006; TEFNY2010) |
Dean and Professor of Marketing, Marshall School of Business, University of Southern California | 81 | Mercury General Corporation Former director of Quiksilver, Inc. (until 2014) |
· Service as chief executive officer for multiple companies · Corporate board experience · Service on advisory and trustee boards for charitable, municipal and nonprofit organizations · MBA |
Leonard
R. Fuller, 1946 Trustee (STEX1995; LTEX1994; TEBF1994; AHIM1994; TEFCA1994; TEFNY2010) |
Private investor; former President and CEO, Fuller Consulting (financial management consulting) | 81 | None | · Former partner, public accounting firm · Financial management consulting · Service on advisory and trustee boards for municipal, educational and nonprofit organizations · MBA |
R.
Clark Hooper, 1946 Chairman of the Board (Independent and Non-Executive) (STEX2005; LTEX2005; TEBF2005; AHIM2005; TEFCA2005; TEFNY2010) |
Private investor | 81 | Former director of JPMorgan Value Opportunities Fund, Inc. (until 2014); The Swiss Helvetia Fund, Inc. (until 2016) | · Senior regulatory and management experience, National Association of Securities Dealers (now FINRA) · Service on trustee boards for charitable, educational and nonprofit organizations |
Tax-exempt income funds Page 19
Name, year of birth and position with fund (year first elected as a trustee2) | Principal occupation(s) during the past five years |
Number
of portfolios in fund complex overseen by trustee |
Other directorships3 held by trustee during the past five years |
Other
relevant experience |
Merit
E. Janow, 1958 Trustee (2010) |
Dean and Professor, Columbia University, School of International and Public Affairs | 80 | MasterCard Incorporated; Trimble Navigation Limited Former director of The NASDAQ Stock Market LLC (until 2016) |
· Service with Office of the U.S. Trade Representative and U.S. Department of Justice · Corporate board experience · Service on advisory and trustee boards for charitable, educational and nonprofit organizations · Experience as corporate lawyer · JD |
Laurel
B. Mitchell, PhD, 1955 Trustee (STEX2009; LTEX2010; TEBF2010; AHIM2010; TEFCA2009; TEFNY2010) |
Distinguished Professor of Accounting, University of Redlands; former Director, Accounting Program, University of Redlands | 77 | None | · Professor at multiple universities · Service in the Office of Chief Accountant and Enforcement Division of the U.S. Securities and Exchange Commission · Experience in corporate management and public accounting · Service on advisory and trustee boards for charitable, educational and nonprofit organizations · PhD, accounting · Formerly licensed as CPA |
Tax-exempt income funds Page 20
Name, year of birth and position with fund (year first elected as a trustee2) | Principal occupation(s) during the past five years |
Number
of portfolios in fund complex overseen by trustee |
Other directorships3 held by trustee during the past five years |
Other
relevant experience |
Frank
M. Sanchez, 1943 Trustee (STEX1999; LTEX1999; TEBF1999; AHIM1999; TEFCA1999; TEFNY2010) |
Principal, The Sanchez Family Corporation dba McDonalds Restaurants (McDonalds licensee) | 77 | None | · Senior academic leadership position · Corporate board experience · Service on advisory and trustee boards for charitable and nonprofit organizations · PhD, education administration and finance |
Margaret
Spellings, 1957 Trustee (STEX2009; LTEX2010; TEBF2010; AHIM2010; TEFCA2010; TEFNY2010) |
President, The University of North Carolina; former President, George W. Bush Foundation; former President and CEO, Margaret Spellings & Company (public policy and strategic consulting); former President, U.S. Chamber Foundation and Senior Advisor to the President and CEO, U.S. Chamber of Commerce | 82 | ClubCorp Holdings, Inc. Former director of Apollo Education Group, Inc. (until 2013) |
· Former U.S. Secretary of Education, U.S. Department of Education · Former Assistant to the President for Domestic Policy, The White House · Former senior advisor to the Governor of Texas · Service on advisory and trustee boards for charitable and nonprofit organizations |
Steadman
Upham, PhD, 1949 Trustee (STEX2009; LTEX2007; TEBF2007; AHIM2007; TEFCA2007; TEFNY2010) |
President and University Professor, The University of Tulsa | 80 | None | · Senior academic leadership positions for multiple universities · Service on advisory and trustee boards for educational and nonprofit organizations · PhD, anthropology |
Tax-exempt income funds Page 21
Interested trustee(s)4,5
Interested trustees have similar qualifications, skills and attributes as the independent trustees. Interested trustees are senior executive officers and/or directors of Capital Research and Management Company or its affiliates. Such management roles with the funds service providers also permit the interested trustees to make a significant contribution to the funds boards.
Name,
year of birth and position with fund (year first elected as a trustee/officer2) |
Principal
occupation(s) during the past five years and positions held with affiliated entities or the Principal Underwriter of the fund |
Number
of portfolios in fund complex overseen by trustee |
Other
directorships3 held by trustee during the past five years |
Karl
J. Zeile, 1966 Vice Chairman of the Board and President (AHIM-2008) Vice Chairman of the Board and Senior Vice President (LTEX-2004; TEBF-2009; TEFCA-2009; TEFNY-2010) Vice Chairman of the Board (STEX-2011) |
Partner Capital Fixed Income Investors, Capital Research and Management Company; Director, The Capital Group Companies, Inc. | 6 | None |
Michael
C. Gitlin, 1970 Trustee (2015) |
Partner Capital Fixed Income Investors, Capital Research and Management Company; served as Head of Fixed Income at a large investment management firm prior to joining Capital Research and Management Company in 2015 | 19 | None |
Other officers5
Name,
year of birth and position with fund (year first elected as an officer2) |
Principal
occupation(s) during the past five years and positions held with affiliated entities or the Principal Underwriter of the funds |
Neil
L. Langberg, 1953 President (TEBF-1985; TEFCA-1986; STEX1989; LTEX1993;) Senior Vice President (AHIM1994) |
Partner Capital Fixed Income Investors, Capital Research and Management Company |
Jerome
H. Solomon, 1963 President (TEFNY2011) |
Vice President Capital Fixed Income Investors, Capital Research and Management Company |
Tax-exempt income funds Page 22
Name,
year of birth and position with fund (year first elected as an officer2) |
Principal
occupation(s) during the past five years and positions held with affiliated entities or the Principal Underwriter of the funds |
Kristine
M. Nishiyama, 1970 Senior Vice President (STEX, LTEX, TEBF, AHIM and TEFCA 2003; TEFNY2010) |
Senior Vice President and Senior Counsel Fund Business Management Group, Capital Research and Management Company; Senior Vice President and General Counsel, Capital Bank and Trust Company* |
Chad
M. Rach, 1972 Senior Vice President (AHIM2015; TEBF2016) |
Partner Capital Fixed Income Investors, Capital Research and Management Company |
Aaron
Applebaum, 1979 Vice President (STEX and LTEX2016) |
Vice President Capital Fixed Income Investors, Capital Research and Management Company |
Steven
I. Koszalka, 1964 Secretary (2010) |
Vice President Fund Business Management Group, Capital Research and Management Company |
Brian
C. Janssen, 1972 Treasurer (TEBF, TEFCA and TEFNY2012 and STEX, LTEX and AHIM2015) |
Vice President Investment Operations, Capital Research and Management Company |
Jane
Y. Chung, 1974 Assistant Secretary (2014) |
Associate Fund Business Management Group, Capital Research and Management Company |
Dori
Laskin, 1951 Assistant Treasurer (2010) |
Vice President Investment Operations, Capital Research and Management Company |
Gregory
F. Niland, 1971 Assistant Treasurer (2015) |
Vice President - Investment Operations, Capital Research and Management Company |
* Company affiliated with Capital Research and Management Company.
1 The term independent trustee refers to a trustee who is not an interested person of the funds within the meaning of the 1940 Act.
2 Trustees and officers of the funds serve until their resignation, removal or retirement.
3 This includes all directorships/trusteeships (other than those in the American Funds or other funds managed by Capital Research and Management Company or its affiliates) that are held by each trustee as a director/trustee of a public company or a registered investment company. Unless otherwise noted, all directorships/trusteeships are current.
4 The term interested trustee refers to a trustee who is an interested person of the funds within the meaning of the 1940 Act, on the basis of his or her affiliation with the funds investment adviser, Capital Research and Management Company, or affiliated entities (including the funds principal underwriter). The listed individual may not be a trustee of all funds listed for him or her, but rather may be an officer of one or more such funds.
5 All of the officers listed are officers and/or directors/trustees of one or more of the other funds for which Capital Research and Management Company serves as investment adviser.
The address for all trustees and officers of the fund is 333 South Hope Street, 55th Floor, Los Angeles, California 90071, Attention: Secretary.
Tax-exempt income funds Page 23
Fund shares owned by trustees as of December 31, 2015:
Name | Dollar
range1 of fund shares owned |
Aggregate dollar range1 of shares owned in all funds in the American Funds family overseen by trustee |
Dollar range1,2 of independent trustees deferred compensation3 allocated to fund |
Aggregate dollar range1,2 of independent trustees deferred compensation3 allocated to all funds within American Funds family overseen by trustee | |||
Independent trustees | |||||||
William H. Baribault | STEX: LTEX: TEBF: AHIM: TEFCA: TEFNY: |
None None None None None None |
Over $100,000 | STEX: LTEX: TEBF: AHIM: TEFCA: TEFNY: |
N/A N/A N/A N/A N/A N/A |
$10,001 $50,000 | |
James G. Ellis | STEX: None LTEX: $10,001 $50,000 TEBF: $10,001 $50,000 AHIM: $10,001 $50,000 TEFCA: None TEFNY: None |
Over $100,000 | STEX: LTEX: TEBF: AHIM: TEFCA: TEFNY: |
N/A N/A N/A N/A N/A N/A |
N/A | ||
Leonard R. Fuller | STEX: LTEX: TEBF: AHIM: TEFCA: TEFNY: |
None None None None None None |
$1 $10,000 | STEX: $1 $10,000 LTEX:
$1 $10,000 |
Over $100,000 | ||
R. Clark Hooper | STEX: None LTEX: None TEBF: $10,001 $50,000 AHIM: None TEFCA: None TEFNY: None |
Over $100,000 | STEX: LTEX: TEBF: AHIM: TEFCA: TEFNY: |
N/A N/A N/A N/A N/A N/A |
Over $100,000 | ||
Merit E. Janow | STEX: LTEX: TEBF: AHIM: TEFCA: TEFNY: |
None None None None None None |
Over $100,000 | STEX: LTEX: TEBF: AHIM: TEFCA: TEFNY: |
N/A N/A N/A N/A N/A N/A |
N/A |
Tax-exempt income funds Page 24
Name | Dollar
range1 of fund shares owned |
Aggregate dollar range1 of shares owned in all funds in the American Funds family overseen by trustee |
Dollar range1,2 of independent trustees deferred compensation3 allocated to fund |
Aggregate dollar range1,2 of independent trustees deferred compensation3 allocated to all funds within American Funds family overseen by trustee | ||||
Laurel B. Mitchell | STEX: $1 $10,000 LTEX: $1 $10,000 TEBF: $1 $10,000 AHIM: $1 $10,000 TEFCA: $1
$10,000 |
Over $100,000 | STEX: LTEX: TEBF: AHIM: TEFCA: TEFNY: |
N/A N/A N/A N/A N/A N/A |
$50,001 $100,000 | |||
Frank M. Sanchez | STEX: LTEX: TEBF: AHIM: TEFCA: TEFNY: |
None None None None None None |
$1 $10,000 | STEX: LTEX: TEBF: AHIM: TEFCA: TEFNY: |
N/A N/A N/A N/A N/A N/A |
N/A | ||
Margaret Spellings | STEX: None LTEX: None TEBF: None AHIM: $10,001 $50,000 TEFCA: None TEFNY: None |
Over $100,000 | STEX: LTEX: TEBF: AHIM: TEFCA: TEFNY: |
N/A N/A N/A N/A N/A N/A |
Over $100,000 | |||
Steadman Upham | STEX: LTEX: TEBF: AHIM: TEFCA: TEFNY: |
None None Over $100,000 None None None |
Over $100,000 | STEX: LTEX: TEBF: AHIM: TEFCA: TEFNY: |
N/A N/A N/A N/A N/A N/A |
Over $100,000 |
Tax-exempt income funds Page 25
Name | Dollar
range1,2 of fund shares owned |
Aggregate dollar range1 of shares owned in all funds in the American Funds family overseen by trustee | |
Interested trustee | |||
Karl J. Zeile | STEX: LTEX: TEBF: AHIM: TEFCA: TEFNY: |
None Over
$100,000 None |
Over $100,000 |
Michael C. Gitlin4 | STEX: LTEX: TEBF: AHIM: TEFCA: TEFNY: |
Over
$100,000 Over
$100,000 None |
Over $100,000 |
1 Ownership disclosure is made using the following ranges: None; $1 $10,000; $10,001 $50,000; $50,001 $100,000; and Over $100,000. The amounts listed for interested trustees include shares owned through The Capital Group Companies, Inc. retirement plan and 401(k) plan.
2 N/A indicates that the listed individual, as of December 31, 2015, was not a trustee of a particular fund, did not allocate deferred compensation to the fund or did not participate in the deferred compensation plan.
3 Eligible trustees may defer their compensation under a nonqualified deferred compensation plan. Amounts deferred by the trustee accumulate at an earnings rate determined by the total return of one or more American Funds as designated by the trustee.
4 Mr. Gitlin was elected to the board effective December 4, 2015.
Trustee compensation No compensation is paid by the fund to any officer or trustee who is a director, officer or employee of the investment adviser or its affiliates. Except for the independent trustees listed in the Board of trustees and officers Independent trustees table under the Management of the fund section in this statement of additional information, all other officers and trustees of the fund are directors, officers or employees of the investment adviser or its affiliates. The boards of funds advised by the investment adviser typically meet either individually or jointly with the boards of one or more other such funds with substantially overlapping board membership (in each case referred to as a board cluster). The fund typically pays each independent trustee an annual fee, which ranges from $187 to $380 for STEX, $819 to $1,660 for LTEX, $2,770 to $5,617 for TEBF, $981 to $1,990 for AHIM, $431 to $874 for TEFCA and from $42 to $85 for TEFNY, based primarily on the total number of board clusters on which that independent trustee serves.
In addition, the fund generally pays independent trustees attendance and other fees for meetings of the board and their committees. Board and committee chairs receive additional fees for their services.
Independent trustees also receive attendance fees for certain special joint meetings and information sessions with directors and trustees of other groupings of funds advised by the investment adviser. The fund and the other funds served by each independent trustee each pay an equal portion of these attendance fees.
No pension or retirement benefits are accrued as part of fund expenses. Independent trustees may elect, on a voluntary basis, to defer all or a portion of their fees through a deferred compensation plan in effect for the fund. The fund also reimburses certain expenses of the independent trustees.
Tax-exempt income funds Page 26
Trustee compensation earned during the fiscal year ended July 31, 2016:
Name | Aggregate
compensation (including voluntarily deferred compensation1) from the funds |
Total
compensation (including voluntarily deferred compensation1) from all funds managed by Capital Research and Management Company or its affiliates | |
William H. Baribault | STEX LTEX TEBF AHIM TEFCA TEFNY |
$ 624 2,609 8,414 2,896 1,341 122 |
$383,042 |
James G. Ellis | STEX LTEX TEBF AHIM TEFCA TEFNY |
621 2,596 8,371 2,882 1,334 121 |
387,292 |
Leonard R. Fuller2 | STEX LTEX TEBF AHIM TEFCA TEFNY |
595 2,448 8,026 2,764 1,279 116 |
379,542 |
R. Clark Hooper | STEX LTEX TEBF AHIM TEFCA TEFNY |
673 2,815 9,087 3,129 1,448 132 |
484,193 |
Merit E. Janow | STEX LTEX TEBF AHIM TEFCA TEFNY |
552 2,312 7,479 2,579 1,190 109 |
365,542 |
Tax-exempt income funds Page 27
Name | Aggregate
compensation (including voluntarily deferred compensation1) from the funds |
Total
compensation (including voluntarily deferred compensation1) from all funds managed by Capital Research and Management Company or its affiliates | |
Laurel B. Mitchell2 | STEX LTEX TEBF AHIM TEFCA TEFNY |
$ 782 3,270 10,556 3,636 1,682 153 |
$296,167 |
Frank M. Sanchez | STEX LTEX TEBF AHIM TEFCA TEFNY |
747 3,124 10,083 3,473 1,606 146 |
285,167 |
Margaret Spellings2 | STEX LTEX TEBF AHIM TEFCA TEFNY |
523 2,186 7,047 2,425 1,123 102 |
397,705 |
Steadman Upham2 | STEX LTEX TEBF AHIM TEFCA TEFNY |
610 2,554 8,250 2,842 1,314 120 |
356,292 |
1 Amounts may be deferred by eligible trustees under a nonqualified deferred compensation plan adopted by the funds in 1993. Deferred amounts accumulate at an earnings rate determined by the total return of one or more American Funds as designated by the trustees. Compensation shown in this table for the fiscal year ended July 31, 2016 does not include earnings on amounts deferred in previous fiscal years. See footnote 2 to this table for more information.
2 Since
the deferred compensation plans adoption, the total amount of deferred compensation accrued by the funds (plus earnings
thereon) through the end of the 2016 fiscal year for participating trustees is as follows:
STEX Leonard R. Fuller ($1,031), Laurel B. Mitchell ($361), Margaret Spellings ($624) and Steadman Upham ($3,272);
LTEX Leonard R. Fuller ($36,792), Laurel B. Mitchell ($1,516), Margaret Spellings ($2,624) and Steadman Upham ($17,605);
TEBF Leonard R. Fuller ($85,228), Laurel B. Mitchell ($4,775), Margaret Spellings ($8,246) and Steadman Upham ($60,898);
AHIM Leonard R. Fuller ($27,144), Laurel B. Mitchell ($1,451), Margaret Spellings ($2,503) and Steadman Upham ($18,773);
TEFCA Leonard R. Fuller ($35,934), Laurel B. Mitchell ($767), Margaret Spellings ($1,337) and Steadman Upham ($13,430);
and TEFNY Leonard R. Fuller ($83), Laurel B. Mitchell ($60), Margaret Spellings ($104) and Steadman Upham ($384).
Amounts deferred and accumulated earnings thereon are not funded and are general unsecured liabilities of the funds until paid
to the trustees.
Tax-exempt income funds Page 28
Fund organization and the board of trustees The fund, is an open-end, diversified management investment company. American Funds Short-Term Tax-Exempt Bond Fund was organized as The Tax-Exempt Money Fund of America, a Massachusetts business trust, on December 5, 1988, and reorganized as a Delaware statutory trust on August 7, 2009. Limited Term Tax-Exempt Bond Fund of America was organized as a Massachusetts business trust on July 12, 1993 and reorganized as a Delaware statutory trust on November 1, 2010. The Tax-Exempt Bond Fund of America was organized as a Maryland corporation on July 20, 1979 and reorganized as a Delaware statutory trust on November 1, 2010. American High-Income Municipal Bond Fund was organized as a Maryland corporation on June 14, 1994 and reorganized as a Delaware statutory trust on November 1, 2010. The Tax-Exempt Fund of California was organized as a Massachusetts business trust on May 30, 1986 and reorganized as a Delaware statutory trust on November 1, 2010. American Funds Tax-Exempt Fund of New York was organized as a Delaware statutory trust on July 16, 2010. All fund operations are supervised by the funds boards of trustees (board) which meets periodically and performs duties required by applicable state and federal laws.
Delaware law charges trustees with the duty of managing the business affairs of the trust. Trustees are considered to be fiduciaries of the trust and owe duties of care and loyalty to the trust and its shareholders.
Independent board members are paid certain fees for services rendered to each fund as described above. They may elect to defer all or a portion of these fees through a deferred compensation plan in effect for each fund.
The fund has several different classes of shares. Shares of each class represent an interest in the same investment portfolio. Each class has pro rata rights as to voting, redemption, dividends and liquidation, except that each class bears different distribution expenses and may bear different transfer agent fees and other expenses properly attributable to the particular class as approved by the board of trustees and set forth in each funds rule 18f-3 Plan. Each class shareholders have exclusive voting rights with respect to the respective class rule 12b-1 plans adopted in connection with the distribution of shares and on other matters in which the interests of one class are different from interests in another class. Shares of all classes of the fund vote together on matters that affect all classes in substantially the same manner. Each class votes as a class on matters that affect that class alone. In addition, the trustees have the authority to establish new series and classes of shares, and to split or combine outstanding shares into a greater or lesser number, without shareholder approval.
The fund does not hold annual meetings of shareholders. However, significant matters that require shareholder approval, such as certain elections of board members or a change in a fundamental investment policy, will be presented to shareholders at a meeting called for such purpose. Shareholders have one vote per share owned.
The funds declaration of trust and by-laws, as well as separate indemnification agreements with independent trustees, provide in effect that, subject to certain conditions, the fund will indemnify its officers and trustees against liabilities or expenses actually and reasonably incurred by them relating to their service to the fund. However, trustees are not protected from liability by reason of their willful misfeasance, bad faith, gross negligence or reckless disregard of the duties involved in the conduct of their office.
Removal of trustees by shareholders At any meeting of shareholders, duly called and at which a quorum is present, shareholders of the fund may, by the affirmative vote of the holders of two-thirds of the votes entitled to be cast, remove any trustee from office with the fund and may elect a successor or successors to fill any resulting vacancies for the unexpired terms of removed trustees. In addition, the trustees of the fund will promptly call a meeting of shareholders for the purpose of voting upon the
Tax-exempt income funds Page 29
removal of any trustees of the fund when requested in writing to do so by the record holders of at least 10% of such funds outstanding shares.
Leadership structure The boards chair is currently an independent trustee who is not an interested person of the fund within the meaning of the 1940 Act. The board has determined that an independent chair facilitates oversight and enhances the effectiveness of the board. The independent chairs duties include, without limitation, generally presiding at meetings of the board, approving board meeting schedules and agendas, leading meetings of the independent trustees in executive session, facilitating communication with committee chairs, and serving as the principal independent trustee contact for fund management and counsel to the independent trustees and the fund.
Risk oversight Day-to-day management of the fund, including risk management, is the responsibility of the funds contractual service providers, including the funds investment adviser, principal underwriter/distributor and transfer agent. Each of these entities is responsible for specific portions of the funds operations, including the processes and associated risks relating to the funds investments, integrity of cash movements, financial reporting, operations and compliance. The board of trustees oversees the service providers discharge of their responsibilities, including the processes they use to manage relevant risks. In that regard, the board receives reports regarding the operations of the funds service providers, including risks. For example, the board receives reports from investment professionals regarding risks related to the funds investments and trading. The board also receives compliance reports from the funds and the investment advisers chief compliance officers addressing certain areas of risk.
Committees of the funds board, which are comprised of independent board members, none of whom is an interested person of the fund within the meaning of the 1940 Act, as well as joint committees of independent board members of funds managed by Capital Research and Management Company, also explore risk management procedures in particular areas and then report back to the full board. For example, the funds audit committee oversees the processes and certain attendant risks relating to financial reporting, valuation of fund assets, and related controls. Similarly, a joint review and advisory committee oversees certain risk controls relating to the fund's transfer agency services.
Not all risks that may affect the fund can be identified or processes and controls developed to eliminate or mitigate their effect. Moreover, it is necessary to bear certain risks (such as investment-related risks) to achieve the funds objectives. As a result of the foregoing and other factors, the ability of the funds service providers to eliminate or mitigate risks is subject to limitations.
Committees of the board of trustees The fund has an audit committee comprised of Leonard R. Fuller, Laurel B. Mitchell, Frank M. Sanchez, and Steadman Upham. The committee provides oversight regarding the funds accounting and financial reporting policies and practices, their internal controls and the internal controls of the funds principal service providers. The committee acts as a liaison between the funds independent registered public accounting firm and the full board of trustees. The audit committee held five meetings during the 2016 fiscal year.
The fund has a contracts committee comprised of all of its independent board members. The committees principal function is to request, review and consider the information deemed necessary to evaluate the terms of certain agreements between the fund and their investment adviser or the investment advisers affiliates, such as the Investment Advisory and Service Agreement, Principal Underwriting Agreement, Administrative Services Agreement and Plans of Distribution adopted pursuant to rule 12b-1 under the 1940 Act, that the fund may enter into, renew or continue, and to make its recommendations to the full board of trustees on these matters. The contracts committee held one meeting during the 2016 fiscal year.
Tax-exempt income funds Page 30
The fund has a nominating and governance committee comprised of William H. Baribault, James G. Ellis, R. Clark Hooper, Merit E. Janow, and Margaret Spellings. The committee periodically reviews such issues as each boards composition, responsibilities, committees, compensation and other relevant issues, and recommends any appropriate changes to the full board of trustees. The committee also evaluates, selects and nominates independent trustee candidates to the full board of trustees. While the committee normally is able to identify from its own and other resources an ample number of qualified candidates, it will consider shareholder suggestions of persons to be considered as nominees to fill future vacancies on the boards. Such suggestions must be sent in writing to the nominating and governance committee of the fund, addressed to the funds secretary, and must be accompanied by complete biographical and occupational data on the prospective nominee, along with a written consent of the prospective nominee for consideration of his or her name by the committee. The funds nominating and governance committee held two meetings during the 2016 fiscal year.
The independent board members of the fund have oversight responsibility for the fund and certain other funds managed by the investment adviser. As part of their oversight responsibility for these funds, each independent board member sits on one of three fund review committees comprised solely of independent board members. The three committees are divided by portfolio type. Each committee functions independently and is not a decision making body. The purpose of the committees is to assist the board of each fund in the oversight of the investment management services provided by the investment adviser. In addition to regularly monitoring and reviewing investment results, investment activities and strategies used to manage the funds assets, the committees also receive reports from the investment advisers Principal Investment Officers for the funds, portfolio managers and other investment personnel concerning efforts to achieve the funds investment objectives. Each committee reports to the full board of the fund.
Proxy voting procedures and principles The funds investment adviser, in consultation with the funds board, has adopted Proxy Voting Procedures and Principles (the Principles) with respect to voting proxies of securities held by the fund, other American Funds and American Funds Insurance Series. The complete text of these principles is available on the American Funds website at americanfunds.com. Proxies are voted by a committee of the appropriate equity investment division of the investment adviser under authority delegated by the funds boards. Therefore, if more than one fund invests in the same company, they may vote differently on the same proposal.
The Principles, which have been in effect in substantially their current form for many years, provide an important framework for analysis and decision-making by all funds. However, they are not exhaustive and do not address all potential issues. The Principles provide a certain amount of flexibility so that all relevant facts and circumstances can be considered in connection with every vote. As a result, each proxy received is voted on a case-by-case basis considering the specific circumstances of each proposal. The voting process reflects the funds understanding of the companys business, its management and its relationship with shareholders over time.
The investment adviser seeks to vote all U.S. proxies; however, in certain circumstances it may be impracticable or impossible to do so. Proxies for companies outside the U.S. also are voted, provided there is sufficient time and information available. After a proxy statement is received, the investment adviser prepares a summary of the proposals contained in the proxy statement. A notation of any potential conflicts of interest also is included in the summary (see below for a description of Capital Research and Management Companys special review procedures).
For proxies of securities managed by a particular investment division of the investment adviser, the initial voting recommendation is made by one or more of the divisions investment analysts familiar with the company and industry. A second recommendation is made by a proxy coordinator (an investment analyst or other individual with experience in corporate governance and proxy voting matters) within the appropriate investment division, based on knowledge of these Principles and
Tax-exempt income funds Page 31
familiarity with proxy-related issues. The proxy summary and voting recommendations are made available to the appropriate proxy voting committee for a final voting decision.
In addition to its proprietary proxy voting, governance and executive compensation research, Capital Research and Management Company may utilize research provided by Institutional Shareholder Services, Glass-Lewis & Co. or other third-party advisory firms on a case-by-case basis. It does not, as a policy, follow the voting recommendations provided by these firms. It periodically assesses the information provided by the advisory firms and reports to the Joint Proxy Committee of the American Funds (JPC), as appropriate.
The JPC is composed of independent board members from each American Funds board. The JPCs role is to facilitate appropriate oversight of the proxy voting process and provide valuable input on corporate governance and related matters. Members of the JPC also may be called upon to resolve voting conflicts involving funds co-managed by the investment advisers equity investment divisions and vote proxies when necessary as a result of regulatory requirements (see below for more information).
From time to time the investment adviser may vote proxies issued by, or on proposals sponsored or publicly supported by (a) a client with substantial assets managed by the investment adviser or its affiliates, (b) an entity with a significant business relationship with the American Funds organization, or (c) a company with a director of an American Fund on its board (each referred to as an Interested Party). Other persons or entities may also be deemed an Interested Party if facts or circumstances appear to give rise to a potential conflict. The investment adviser analyzes these proxies and proposals on their merits and does not consider these relationships when casting its vote.
The investment adviser has developed procedures to identify and address instances where a vote could appear to be influenced by such a relationship. Under the procedures, prior to a final vote being cast by the investment adviser, the relevant proxy committees voting results for proxies issued by Interested Parties are reviewed by a Special Review Committee (SRC) of the investment division voting the proxy if the vote was in favor of the Interested Party.
If a potential conflict is identified according to the procedure above, the SRC will be provided with a summary of any relevant communications with the Interested Party, the rationale for the voting decision, information on the organizations relationship with the party and any other pertinent information. The SRC will evaluate the information and determine whether the decision was in the best interest of fund shareholders. It will then accept or override the voting decision or determine alternative action. The SRC includes senior investment professionals and legal and compliance professionals.
In cases where a fund is co-managed and a portfolio company is held by more than one of the investment advisers equity investment divisions, voting ties are resolved by one of the following methods. First, for those funds that have delegated tie-breaking authority to the investment adviser, the outcome will be determined by the equity investment division or divisions with the larger position in the portfolio company as of the record date for the shareholder meeting. For the remaining funds, members of the JPC representing those funds will determine the outcome based on a review of the same information provided to the relevant investment analysts, proxy coordinators and proxy committee members.
Information regarding how the fund voted proxies relating to portfolio securities during the 12-month period ended June 30 of each year will be available on or about September 1 of each year (a) without charge, upon request by calling American Funds Service Company at (800) 421-4225, (b) on the American Funds website and (c) on the SECs website at sec.gov.
Tax-exempt income funds Page 32
The following summary sets forth the general positions of the American Funds, American Funds Insurance Series and the investment adviser on various proposals. A copy of the full Principles is available upon request, free of charge, by calling American Funds Service Company or visiting the American Funds website.
Director matters The election of a companys slate of nominees for director generally is supported. Votes may be withheld for some or all of the nominees if this is determined to be in the best interest of shareholders or if, in the opinion of the investment adviser, such nominee has not fulfilled his or her fiduciary duty. Separation of the chairman and CEO positions also may be supported.
Governance provisions Typically, proposals to declassify a board (elect all directors annually) are supported based on the belief that this increases the directors sense of accountability to shareholders. Proposals for cumulative voting generally are supported in order to promote management and board accountability and an opportunity for leadership change. Proposals designed to make director elections more meaningful, either by requiring a majority vote or by requiring any director receiving more withhold votes than affirmative votes to tender his or her resignation, generally are supported.
Shareholder rights Proposals to repeal an existing poison pill generally are supported. (There may be certain circumstances, however, when a proxy voting committee of a fund or an investment division of the investment adviser believes that a company needs to maintain anti-takeover protection.) Proposals to eliminate the right of shareholders to act by written consent or to take away a shareholders right to call a special meeting typically are not supported.
Compensation and benefit plans Option plans are complicated, and many factors are considered in evaluating a plan. Each plan is evaluated based on protecting shareholder interests and a knowledge of the company and its management. Considerations include the pricing (or repricing) of options awarded under the plan and the impact of dilution on existing shareholders from past and future equity awards. Compensation packages should be structured to attract, motivate and retain existing employees and qualified directors; however, they should not be excessive.
Routine matters The ratification of auditors, procedural matters relating to the annual meeting and changes to company name are examples of items considered routine. Such items generally are voted in favor of managements recommendations unless circumstances indicate otherwise.
Tax-exempt income funds Page 33
Principal fund shareholders The following tables identify those investors who own of record, or are known by the fund to own beneficially, 5% or more of any class of its shares as of the opening of business on September 1, 2016. Unless otherwise indicated, the ownership percentages below represent ownership of record rather than beneficial ownership.
American Funds Short-Term Tax-Exempt Bond Fund
Name and address | Ownership | Ownership percentage | |
Edward
D. Jones & Co. Omnibus Account Saint Louis, MO |
Record | Class A | 22.97% |
First Clearing, LLC Custody Account Saint Louis, MO |
Record | Class A Class F-2 |
9.47 16.51 |
Pershing, LLC Custody Account Jersey City, NJ |
Record | Class A Class F-1 Class F-2 |
6.85 29.17 6.99 |
UBS WM USA Omnibus Account Jersey City, NJ |
Record | Class A Class F-2 |
5.61 5.31 |
TD Ameritrade, Inc. FEBO Individual Investors Omaha, NE |
Record | Class F-1 | 26.42 |
Charles Schwab & Co., Inc. Custody Account San Francisco, CA |
Record | Class F-1 | 19.81 |
National Financial Services, LLC Omnibus Account Jersey City, NJ |
Record | Class F-1 | 8.63 |
Capital Group Private Client Services Account #1 Irvine, CA |
Record | Class F-2 | 33.61 |
Capital Group Private Client Services Account #2 Irvine, CA |
Record | Class F-2 | 10.94 |
LPL Financial Omnibus Account San Diego, CA |
Record | Class F-2 | 6.89 |
Tax-exempt income funds Page 34
Limited Term Tax-Exempt Bond Fund of America
Name and address | Ownership | Ownership percentage | |
Edward
D. Jones & Co. Omnibus Account Saint Louis, MO |
Record | Class A Class B Class C |
31.92% 29.04 14.09 |
First Clearing, LLC Custody Account Saint Louis, MO |
Record | Class A Class C Class F-2 |
9.88 8.99 11.48 |
Pershing, LLC Custody Account Jersey City, NJ |
Record | Class A Class B Class C Class F-1 Class F-2 |
9.52 11.05 8.62 16.16 13.93 |
Merrill Lynch Omnibus Account Jacksonville, FL |
Record | Class B Class F-1 Class F-2 |
11.51 6.79 11.04 |
National Financial Services, LLC Omnibus Account Jersey City, NJ |
Record | Class B Class C Class F-1 Class F-2 |
9.46 6.49 17.53 6.73 |
Joint Account Kingsport, TN |
Beneficial | Class B | 9.00 |
LPL Financial Omnibus Account San Diego, CA |
Record | Class B Class F-1 |
6.10 6.14 |
Morgan Stanley & Co., Inc. Omnibus Account Jersey City, NJ |
Record | Class C Class F-2 |
13.03 6.21 |
Raymond James Omnibus Account St. Petersburg, FL |
Record | Class F-1 | 15.73 |
Charles Schwab & Co., Inc. Custody Account San Francisco, CA |
Record | Class F-1 Class F-2 |
9.20 6.23 |
UBS WM USA Omnibus Account Jersey City, NJ |
Record | Class F-2 | 12.46 |
Capital Group Private Client Services Account Irvine, CA |
Record | Class F-2 | 7.67 |
American Funds Tax-Exempt Preservation Portfolio Irvine, CA |
Record | Class R-6 | 100.00 |
Tax-exempt income funds Page 35
The Tax-Exempt Bond Fund of America
Name and address | Ownership | Ownership percentage | |
Edward
D. Jones & Co. Omnibus Account Saint Louis, MO |
Record | Class A Class B Class C Class F-2 |
32.56% 35.28 17.82 44.30 |
First Clearing, LLC Custody Account Saint Louis, MO |
Record | Class A Class B Class C |
8.92 12.67 10.14 |
Pershing, LLC Custody Account Jersey City, NJ |
Record | Class A Class B Class C Class F-1 Class F-2 |
7.99 7.25 10.58 13.22 12.61 |
National Financial Services, LLC Omnibus Account Jersey City, NJ |
Record | Class A Class B Class C Class F-1 Class F-2 |
5.79 7.85 5.69 33.94 8.39 |
Merrill Lynch Omnibus Account Jacksonville, FL |
Record | Class B Class C |
7.67 5.87 |
Charles Schwab & Co., Inc. Custody Account San Francisco, CA |
Record | Class F-1 | 11.14 |
LPL Financial Omnibus Account San Diego, CA |
Record | Class F-1 | 9.44 |
Raymond James Omnibus Account St. Petersburg, FL |
Record | Class F-1 | 5.92 |
Morgan Stanley & Co., Inc. Omnibus Account Jersey City, NJ |
Record | Class F-2 | 7.50 |
American Funds Tax-Advantaged Income Portfolio Irvine, CA |
Record | Class R-6 | 68.99 |
American Funds Tax-Exempt Preservation Portfolio Irvine, CA |
Record | Class R-6 | 31.01 |
Tax-exempt income funds Page 36
American High-Income Municipal Bond Fund
Name and address | Ownership | Ownership percentage | |
Edward
D. Jones & Co. Omnibus Account Saint Louis, MO |
Record | Class A Class B Class C Class F-2 |
36.63% 33.57 12.21 22.32 |
First Clearing, LLC Custody Account Saint Louis, MO |
Record | Class A Class B Class C |
7.67 10.29 11.70 |
Pershing, LLC Custody Account Jersey City, NJ |
Record | Class A Class B Class C Class F-1 Class F-2 |
6.79 9.71 9.45 11.55 9.59 |
National Financial Services, LLC Omnibus Account Jersey City, NJ |
Record | Class B Class C Class F-1 Class F-2 |
8.75 5.76 34.74 7.87 |
Morgan Stanley & Co., Inc. Omnibus Account Jersey City, NJ |
Record | Class C | 6.62 |
Merrill Lynch Omnibus Account Jacksonville, FL |
Record | Class C Class F-2 |
6.22 9.08 |
Raymond James Omnibus Account St. Petersburg, FL |
Record | Class C Class F-1 |
5.93 5.24 |
Charles Schwab & Co., Inc. Custody Account San Francisco, CA |
Record | Class F-1 | 24.05 |
Capital Group Private Client Services Account Irvine, CA |
Record | Class F-2 | 14.26 |
UBS WM USA Omnibus Account Jersey City, NJ |
Record | Class F-2 | 5.11 |
American Funds Tax-Advantaged Income Portfolio Irvine, CA |
Record | Class R-6 | 100.00 |
Tax-exempt income funds Page 37
The Tax-Exempt Fund of California
Name and address | Ownership | Ownership percentage | |
Edward
D. Jones & Co. Omnibus Account Saint Louis, MO |
Record | Class A Class B Class C |
18.72% 10.92 6.01 |
First Clearing, LLC Custody Account Saint Louis, MO |
Record | Class A Class B Class C Class F-2 |
10.18 35.37 12.96 9.72 |
Pershing, LLC Custody Account Jersey City, NJ |
Record | Class A Class C Class F-1 Class F-2 |
7.07 7.46 20.62 8.13 |
UBS WM USA Omnibus Account Jersey City, NJ |
Record | Class A Class F-2 |
6.27 7.87 |
Morgan Stanley & Co., Inc. Omnibus Account Jersey City, NJ |
Record | Class A Class B Class C Class F-2 |
5.80 9.96 10.09 5.81 |
Merrill Lynch Omnibus Account Jacksonville, FL |
Record | Class A Class C Class F-1 Class F-2 |
5.74 9.92 8.03 14.42 |
Individual Investor La Mirada, CA |
Beneficial | Class B | 11.50 |
TD Ameritrade, Inc. EBO Individual Investors Omaha. NE |
Record | Class B | 7.02 |
Charles Schwab & Co., Inc. Custody Account San Francisco, CA |
Record | Class C Class F-1 Class F-2 |
7.14 17.09 11.52 |
LPL Financial Omnibus Account San Diego, CA |
Record | Class C Class F-1 Class F-2 |
6.09 9.14 5.61 |
National Financial Services, LLC Omnibus Account Jersey City, NJ |
Record | Class C Class F-1 Class F-2 |
5.08 16.49 6.08 |
Capital Group Private Client Services Account Irvine, CA |
Record | Class F-2 | 19.38 |
Tax-exempt income funds Page 38
American Funds Tax-Exempt Fund of New York
Name and address | Ownership | Ownership percentage | |
Capital Research & Management Company Corporate Account Los Angeles, CA |
Record | Class A Class B Class F-1 |
23.90% 69.40 22.80 |
Morgan Stanley & Co., Inc. Omnibus Account Jersey City, NJ |
Record | Class A Class F-1 |
9.55 5.58 |
Edward
D. Jones & Co. Omnibus Account Saint Louis, MO |
Record | Class A | 9.28 |
Pershing, LLC Custody Account Jersey City, NJ |
Record | Class A Class C Class F-1 |
8.79 19.95 10.85 |
National Financial Services, LLC Omnibus Account Jersey City, NJ |
Record | Class A Class C Class F-1 |
5.31 12.05 25.25 |
Individual Investor Fond Du Lac, WI |
Beneficial | Class B | 25.03 |
First Clearing, LLC Custody Account Saint Louis, MO |
Record | Class C | 10.13 |
Merrill Lynch Omnibus Account Jacksonville, FL |
Record | Class C Class F-1 Class F-2 |
8.44 9.77 5.15 |
LPL Financial Omnibus Account San Diego, CA |
Record | Class F-1 | 10.05 |
Trust Account Brooklyn, NY |
Beneficial | Class F-1 | 6.06 |
Capital Group Private Client Services Account #1 Irvine, CA |
Record | Class F-2 | 50.46 |
Capital Group Private Client Services Account #2 Irvine, CA |
Record | Class F-2 | 10.77 |
TD Ameritrade, Inc. FEBO Individual Investors Omaha, NE |
Record | Class F-2 | 9.44 |
As of September 1, 2016, the officers and trustees of the fund, as a group, owned beneficially or of record less than 1% of the outstanding shares of the fund.
Unless otherwise noted, references in this statement of additional information to Class F shares refer to both Class F-1 and F-2 share classes.
Tax-exempt income funds Page 39
Investment adviser Capital Research and Management Company, the funds investment adviser, founded in 1931, maintains research facilities in the United States and abroad (Beijing, Geneva, Hong Kong, London, Los Angeles, Mumbai, New York, San Francisco, Singapore, Tokyo and Washington, D.C.). These facilities are staffed with experienced investment professionals. The investment adviser is located at 333 South Hope Street, Los Angeles, CA 90071. It is a wholly owned subsidiary of The Capital Group Companies, Inc., a holding company for several investment management subsidiaries. Capital Research and Management Company manages equity assets through three equity investment divisions and fixed-income assets through its fixed-income investment division, Capital Fixed Income Investors. The three equity investment divisions Capital World Investors, Capital Research Global Investors and Capital International Investors make investment decisions independently of one another. Portfolio managers in Capital International Investors rely on a research team that also provides investment services to institutional clients and other accounts advised by affiliates of Capital Research and Management Company. The investment adviser, which is deemed under the Commodity Exchange Act (the CEA) to be the operator of the fund, has claimed an exclusion from the definition of the term commodity pool operator under the CEA with respect to the fund and, therefore, is not subject to registration or regulation as such under the CEA with respect to the fund.
The investment adviser has adopted policies and procedures that address issues that may arise as a result of an investment professionals management of the fund and other funds and accounts. Potential issues could involve allocation of investment opportunities and trades among funds and accounts, use of information regarding the timing of fund trades, investment professional compensation and voting relating to portfolio securities. The investment adviser believes that its policies and procedures are reasonably designed to address these issues.
Compensation of investment professionals As described in the prospectus, the investment adviser uses a system of multiple portfolio managers in managing fund assets. In addition, for The Tax-Exempt Bond Fund of America, American High-Income Municipal Bond Fund and The Tax-Exempt Fund of California, Capital Research and Management Companys investment analysts may make investment decisions with respect to a portion of a funds portfolio, within their research coverage. For the Tax-Exempt Fund of New York, while the size of the fund is still small, the portfolio managers will work together to oversee the funds entire portfolio.
Portfolio managers and investment analysts are paid competitive salaries by Capital Research and Management Company. In addition, they may receive bonuses based on their individual portfolio results. Investment professionals also may participate in profit-sharing plans. The relative mix of compensation represented by bonuses, salary and profit-sharing plans will vary depending on the individuals portfolio results, contributions to the organization and other factors.
To encourage a long-term focus, bonuses based on investment results are calculated by comparing pretax total investment returns to relevant benchmarks over the most recent year, a four-year rolling average and an eight-year rolling average with greater weight placed on the four-year and eight-year rolling averages. Bonuses for investment results generated in 2016 and thereafter will be based on the most recent year, a three-year rolling average, a five-year rolling average and an eight-year rolling average, with increasing weight placed on each succeeding measurement period. Bonuses for investment results generated in 2015 were calculated using both methods referenced above, and the payment for individual managers and analysts was the higher of the two calculations. For portfolio managers, benchmarks may include measures of the marketplaces in which the fund invests and measures of the results of comparable mutual funds. For investment analysts, benchmarks may include relevant market measures and appropriate industry or sector indexes reflecting their areas of expertise. Capital Research and Management Company makes periodic subjective assessments of analysts contributions to the investment process and this is an element of their overall compensation. The investment results of the funds portfolio managers may be measured against one or more benchmarks, depending on his or her investment focus, such as:
Tax-exempt income funds Page 40
American Funds Short-Term Tax-Exempt Bond Fund a custom average consisting of one share class per fund of short municipal debt funds that disclose investment objectives and strategies comparable to those of the fund and Bloomberg Barclays Municipal Short 1-5 Years Index;
Limited Term Tax-Exempt Bond Fund of America a custom average consisting of one share class per fund of short-intermediate municipal debt funds that disclose investment objectives and strategies comparable to those of the fund and Bloomberg Barclays Municipal Short-Intermediate 1-10 Years Index;
The Tax-Exempt Bond Fund of America a custom average consisting of one share class per fund of general and insured municipal debt funds that disclose investment objectives and strategies comparable to those of the fund and Bloomberg Barclays Municipal Bond Index;
American High-Income Municipal Bond Fund a custom average consisting of one share class per fund of high yield municipal debt funds that disclose investment objectives and strategies comparable to those of fund, Bloomberg Barclays Municipal Bond Index, Bloomberg Barclays Municipal Bond BAA Index and Bloomberg Barclays Municipal High Yield 5% Tobacco Cap 2% Issuer Cap Index;
The Tax-Exempt Fund of California a custom average consisting of one share class per fund of California municipal debt funds that disclose investment objectives and strategies comparable to those of the fund and Bloomberg Barclays California Municipal Index; and
American Funds Tax-Exempt Fund of New York a custom average consisting of one share class per fund of New York municipal debt funds that disclose investment objectives and strategies comparable to those of the fund and Bloomberg Barclays New York Municipal Index.
From time to time, Capital Research and Management Company may adjust or customize these benchmarks to better reflect the universe of comparably managed funds of competitive investment management firms.
Portfolio manager fund holdings and other managed accounts As described below, portfolio managers may personally own shares of the fund. In addition, portfolio managers may manage portions of other mutual funds or accounts advised by Capital Research and Management Company or its affiliates.
Tax-exempt income funds Page 41
The following table reflects information as of July 31, 2016:
Portfolio manager |
Dollar
range of fund shares owned1 |
Number of other registered investment companies (RICs) for which portfolio manager is a manager (assets of RICs in billions)2 |
Number of other pooled investment vehicles (PIVs) for which portfolio manager is a manager (assets of PIVs in billions)3 |
Number of other accounts for which portfolio manager is a manager (assets of other accounts in billions)4 | |
American Funds Short-Term Tax-Exempt Bond Fund | |||||
Neil L. Langberg | $100,001 $500,000 | 6 | $25.3 | None | None |
Aaron Applebaum | $100,001 $500,0005 | 1 | $3.7 | None | None |
Limited Term Tax-Exempt Bond Fund of America | |||||
Neil L. Langberg | $100,001 $500,000 | 6 | $22.4 | None | None |
Aaron Applebaum | $100,001 $500,000 | 1 | $0.8 | None | None |
The Tax-Exempt Bond Fund of America | |||||
Karl J. Zeile | Over $1,000,0006 | 5 | $7.8 | None | None |
Neil L. Langberg | $100,001 $500,000 | 6 | $12.3 | None | None |
Chad M. Rach | $100,001 $500,000 | 1 | $5.1 | None | None |
Tax-exempt income funds Page 42
Portfolio manager |
Dollar
range of fund shares owned1 |
Number of other registered investment companies (RICs) for which portfolio manager is a manager (assets of RICs in billions)2 |
Number of other pooled investment vehicles (PIVs) for which portfolio manager is a manager (assets of PIVs in billions)3 |
Number of other accounts for which portfolio manager is a manager (assets of other accounts in billions)4 | |
American High-Income Municipal Bond Fund | |||||
Karl J. Zeile | Over $1,000,0006 | 5 | $16.5 | None | None |
Neil L. Langberg | $100,001 $500,000 | 6 | $21.0 | None | None |
Chad M. Rach | Over $1,000,000 | 1 | $13.8 | None | None |
The Tax-Exempt Fund of California | |||||
Karl J. Zeile | $100,001 $500,000 | 5 | $19.5 | None | None |
Neil L. Langberg | $100,001 $500,000 | 6 | $24.0 | None | None |
American Funds Tax-Exempt Fund of New York | |||||
Karl J. Zeile | None7 | 5 | $21.4 | None | None |
Jerome H. Solomon | None7 | None | None | None |
1 Ownership disclosure is made using the following ranges: None; $1 $10,000; $10,001 $50,000; $50,001 $100,000; $100,001 $500,000; $500,001 $1,000,000; and Over $1,000,000.
2 Indicates RIC(s) for which the portfolio manager also has significant day to day management responsibilities. Assets noted are the total net assets of the RIC(s) and are not the total assets managed by the individual, which is a substantially lower amount. No RIC or account has an advisory fee that is based on the performance of the RIC or account.
3 Represents funds advised or sub-advised by Capital Research and Management Company or its affiliates and sold outside the United States and/or fixed-income assets in institutional accounts managed by investment adviser subsidiaries of Capital Group International, Inc., an affiliate of Capital Research and Management Company. Assets noted are the total net assets of the funds or accounts and are not the total assets managed by the individual, which is a substantially lower amount. No fund or account has an advisory fee that is based on the performance of the fund or account.
4 Reflects other professionally managed accounts held at companies affiliated with Capital Research and Management Company. Personal brokerage accounts of portfolio managers and their families are not reflected.
5 Information is as of September 7, 2016.
6 Information is as of September 23, 2016.
7 Funds are designed primarily for taxable residents in the state of New York. Because the portfolio managers do not reside in this state, investment in the fund may not be appropriate for their personal portfolio.
The funds investment adviser has adopted policies and procedures to mitigate material conflicts of interest that may arise in connection with a portfolio managers management of the fund, on the one hand, and investments in the other pooled investment vehicles and other accounts, on the other hand, such as material conflicts relating to the allocation of investment opportunities that may be suitable for both the fund and such other accounts.
Tax-exempt income funds Page 43
Investment Advisory and Service Agreement The Investment Advisory and Service Agreement (the Agreement) between the fund and the investment adviser will continue in effect until April 30, 2017, unless sooner terminated, and may be renewed from year to year thereafter, provided that any such renewal has been specifically approved at least annually by (a) the board of trustees, or by the vote of a majority (as defined in the 1940 Act) of the outstanding voting securities of the fund, and (b) the vote of a majority of trustees who are not parties to the Agreement or interested persons (as defined in the 1940 Act) of any such party, cast in person at a meeting called for the purpose of voting on such approval. The Agreement provides that the investment adviser has no liability to the fund for its acts or omissions in the performance of its obligations to the fund not involving willful misconduct, bad faith, gross negligence or reckless disregard of its obligations under the Agreement. The Agreement also provides that either party has the right to terminate them, without penalty, upon 60 days written notice to the other party, and that the Agreement automatically terminates in the event of its assignment (as defined in the 1940 Act). In addition, the Agreement provides that the investment adviser may delegate all, or a portion of, its investment management responsibilities to one or more subsidiary advisers approved by the funds board, pursuant to an agreement between the investment adviser and such subsidiary. Any such subsidiary adviser will be paid solely by the investment adviser out of its fees.
In addition to providing investment advisory services, the investment adviser furnishes the services and pays the compensation and travel expenses of persons to perform the funds executive, administrative, clerical and bookkeeping functions, and provides suitable office space, necessary small office equipment and utilities, general purpose accounting forms, supplies and postage used at the funds offices. The fund pays all expenses not assumed by the investment adviser, including, but not limited to: custodian, stock transfer and dividend disbursing fees and expenses; shareholder recordkeeping and administrative expenses; costs of the designing, printing and mailing of reports, prospectuses, proxy statements and notices to their shareholders; taxes; expenses of the issuance and redemption of fund shares (including stock certificates, registration and qualification fees and expenses); expenses pursuant to the funds plans of distribution (described below); legal and auditing expenses; compensation, fees and expenses paid to independent trustees; association dues; costs of stationery and forms prepared exclusively for the fund; and costs of assembling and storing shareholder account data.
Tax-exempt income funds Page 44
American Funds Short-Term Tax-Exempt Bond Fund: The investment adviser receives a monthly fee based on the following annualized rates and net asset levels:
Rate | Net asset level | |
In excess of | Up to | |
0.39% | $ 0 | $ 200,000,000 |
0.37 | 200,000,000 | 600,000,000 |
0.33 | 600,000,000 | 1,200,000,000 |
0.29 | 1,200,000,000 |
For the fiscal years ended July 31, 2016, 2015 and 2014, the investment adviser was entitled to receive from the fund management fees of $2,759,000, $2,838,000 and $2,903,000, respectively.
Limited Term Tax-Exempt Bond Fund of America: The investment adviser receives a monthly fee based on the following annualized rates and net asset levels:
Rate | Net asset level | |
In excess of | Up to | |
0.30% | $ 0 | $ 60,000,000 |
0.18 | 60,000,000 | 1,000,000,000 |
0.15 | 1,000,000,000 |
The Agreement also provides for fees based on monthly gross investment income at the following annualized rates:
Rate | Monthly gross investment income | |
In excess of | Up to | |
3.00% | $ 0 | $ 3,333,333 |
2.50 | 3,333,333 |
For the purposes of such computations under the Agreement, the funds gross investment income is determined in accordance with generally accepted accounting principles and does not reflect any net realized gains or losses on the sale of portfolio securities.
For the fiscal years ended July 31, 2016, 2015 and 2014, the investment adviser was entitled to receive from the fund management fees of $7,991,000, $7,643,000 and $7,459,000, respectively.
Tax-exempt income funds Page 45
The Tax-Exempt Bond Fund of America: The investment adviser receives a monthly fee based on the following annualized rates and net asset levels:
Rate | Net asset level | |
In excess of | Up to | |
0.30% | $ 0 | $ 60,000,000 |
0.21 | 60,000,000 | 1,000,000,000 |
0.18 | 1,000,000,000 | 3,000,000,000 |
0.15 | 3,000,000,000 | 6,000,000,000 |
0.13 | 6,000,000,000 | 10,000,000,000 |
0.12 | 10,000,000,000 |
The Agreement also provides for fees based on monthly gross investment income at the following annualized rates:
Rate | Monthly gross investment income | |
In excess of | Up to | |
3.00% | $ 0 | $ 3,333,333 |
2.50 | 3,333,333 | 8,333,333 |
2.00 | 8,333,333 |
For the purposes of such computations under the Agreement, the funds gross investment income is determined in accordance with generally accepted accounting principles and does not reflect any net realized gains or losses on the sale of portfolio securities.
For the fiscal years ended July 31, 2016, 2015 and 2014, the investment adviser was entitled to receive from the fund management fees of $26,734,000, $23,753,000 and $22,494,000, respectively.
Tax-exempt income funds Page 46
American High-Income Municipal Bond Fund: The investment adviser receives a monthly fee based on the following annualized rates and net asset levels:
Rate | Net asset level | |
In excess of | Up to | |
0.30% | $ 0 | $ 60,000,000 |
0.21 | 60,000,000 | 1,000,000,000 |
0.18 | 1,000,000,000 | 3,000,000,000 |
0.15 | 3,000,000,000 |
The Agreement also provides for fees based on monthly gross investment income at the following annualized rates:
Rate | Monthly gross investment income | |
In excess of | Up to | |
3.00% | $ 0 | $ 3,333,333 |
2.50 | 3,333,333 |
For the purposes of such computations under the Agreement, the funds gross investment income is determined in accordance with generally accepted accounting principles and does not reflect any net realized gains or losses on the sale of portfolio securities.
For the fiscal years ended July 31, 2016, 2015 and 2014, the investment adviser was entitled to receive from the fund management fees of $12,652,000, $10,572,000 and $9,178,000, respectively.
Tax-exempt income funds Page 47
The Tax-Exempt Fund of California: The investment adviser receives a monthly fee based on the following annualized rates and net asset levels:
Rate | Net asset level | |
In excess of | Up to | |
0.30% | $ 0 | $ 60,000,000 |
0.21 | 60,000,000 | 1,000,000,000 |
0.18 | 1,000,000,000 |
The Agreement also provides for fees based on monthly gross investment income at the following annualized rates:
Rate | Monthly gross investment income | |
In excess of | Up to | |
3.00% | $ 0 | $ 3,333,333 |
2.50 | 3,333,333 |
For the purposes of such computations under the Agreement, the funds gross investment income is determined in accordance with generally accepted accounting principles and does not reflect any net realized gains or losses on the sale of portfolio securities.
For the fiscal years ended July 31, 2016, 2015, and 2014, the investment adviser was entitled to receive from the fund management fees of $5,556,000, $5,075,000 and $4,787,000, respectively.
American Funds Tax-Exempt Fund of New York: The management fee is based on the following annualized rates and daily net asset levels:
Rate | Daily net asset level | |
In excess of | Up to | |
0.30% | $ 0 | $ 60,000,000 |
0.21 | 60,000,000 | 1,000,000,000 |
0.18 | 1,000,000,000 |
The Agreement also provides for fees based on monthly gross investment income at the following annualized rates:
Rate | Monthly gross investment income | |
In excess of | Up to | |
3.00% | $ 0 | $3,333,333 |
2.50 | 3,333,333 |
For the fiscal years ended July 31, 2016, 2015, and 2014 the investment adviser was entitled to receive from the fund a management fee of $605,000, $501,000 and $446,000, respectively.
Fee waiver - The investment adviser is currently reimbursing a portion of the other expenses for TEFNY. The reimbursement will be in effect at least through September 30, 2017. The adviser may elect at its discretion to extend, modify or terminate the reimbursement at that time. For the periods ended July 31, 2016, 2015 and 2014, the total fees and expenses reimbursed by the investment adviser were $60,000, $78,000 and $114,000, respectively. Fees and expenses in the statement of operations are presented gross of any reimbursements from the investment adviser.
Tax-exempt income funds Page 48
Administrative services The investment adviser and its affiliates provide certain administrative services for shareholders of the funds Class A, C, F and R-6 shares, to the extent that they are offered by the fund. Services include, but are not limited to, coordinating, monitoring, assisting and overseeing third parties that provide services to fund shareholders.
These services are provided pursuant to an Administrative Services Agreement (the Administrative Agreement) between the fund and the investment adviser relating to the funds Class A, C, F and R-6 shares, to the extent that they are offered by the fund. Each funds Administrative Agreement will continue in effect until at least April 30, 2017, unless sooner terminated or renewed. It may be renewed from year to year thereafter, provided that any such renewal has been specifically approved at least annually by the vote of a majority of the members of the funds board who are not parties to the Administrative Agreement or interested persons (as defined in the 1940 Act) of any such party, cast in person at a meeting called for the purpose of voting on such approval. The fund may terminate the Administrative Agreement at any time by vote of a majority of independent board members. The investment adviser has the right to terminate the Administrative Agreement upon 60 days written notice to the fund. The Administrative Agreement automatically terminates in the event of its assignment (as defined in the 1940 Act).
Under the Administrative Agreement, the investment adviser receives an administrative services fee at the annual rate of .01% of the average daily net assets of the fund attributable to Class A shares and .05% of the average daily net assets of the fund attributable to Class C, F and R-6 shares to the extent they are offered by the fund, for administrative services. Administrative services fees are paid monthly and accrued daily.
Tax-exempt income funds Page 49
During the 2016 fiscal year, administrative services fees were:
Administrative services fee | ||
STEX | Class A | $ 67,000 |
Class F-1 | 6,000 | |
Class F-2 | 35,000 | |
LTEX | Class A | 281,000 |
Class C | 15,000 | |
Class F-1 | 43,000 | |
Class F-2 | 115,000 | |
Class R-6 | 117,000 | |
TEBF | Class A | 802,000 |
Class C | 198,000 | |
Class F-1 | 624,000 | |
Class F-2 | 825,000 | |
Class R-6 | 160,000 | |
AHIM | Class A | 304,000 |
Class C | 103,000 | |
Class F-1 | 120,000 | |
Class F-2 | 242,000 | |
Class R-6 | 110,000 | |
TEFCA | Class A | 151,000 |
Class C | 42,000 | |
Class F-1 | 35,000 | |
Class F-2 | 82,000 | |
TEFNY | Class A | 14,000 |
Class C | 6,000 | |
Class F-1 | 1,000 | |
Class F-2 | 13,000 |
STEX did not offer Class B or C shares in the 2016 fiscal year and is not currently offering B and C shares.
Tax-exempt income funds Page 50
Principal Underwriter and plans of distribution American Funds Distributors, Inc. (the Principal Underwriter) is the principal underwriter of the funds shares. The Principal Underwriter is located at 333 South Hope Street, Los Angeles, CA 90071; 6455 Irvine Center Drive, Irvine, CA 92618; 3500 Wiseman Boulevard, San Antonio, TX 78251; and 12811 North Meridian Street, Carmel, IN 46032.
The Principal Underwriter receives revenues relating to sales of the funds shares, as follows:
· For Class A shares, the Principal Underwriter receives commission revenue consisting of the balance of the Class A sales charge remaining after the allowances by the Principal Underwriter to investment dealers.
· For Class B shares sold prior to April 21, 2009, the Principal Underwriter sold its rights to the .75% distribution-related portion of the 12b-1 fees paid by the fund, as well as any contingent deferred sales charges, to a third party. The Principal Underwriter compensated investment dealers for sales of Class B shares out of the proceeds of this sale and kept any amounts remaining after this compensation was paid.
· For Class C shares, the Principal Underwriter receives any contingent deferred sales charges that apply during the first year after purchase.
In addition, the fund reimburses the Principal Underwriter for advancing immediate service fees to qualified dealers and advisors upon the sale of Class C shares. The fund also reimburses the Principal Underwriter for service fees paid on a quarterly basis to intermediaries, such as qualified dealers or financial advisors, in connection with investments in Class F-1 shares.
Tax-exempt income funds Page 51
Commissions, revenue or service fees retained by the Principal Underwriter after allowances or compensation to dealers were:
Fiscal year | Commissions, revenue or fees retained |
Allowance
or compensation to dealers | |||
Class A | 2016 | STEX LTEX TEBF AHIM TEFCA TEFNY |
$
160,000 839,000 3,630,000 1,516,000 485,000 78,000 |
STEX LTEX TEBF AHIM TEFCA TEFNY |
$
625,000 3,286,000 13,978,000 5,855,000 1,874,000 290,000 |
2015 | STEX LTEX TEBF AHIM TEFCA TEFNY |
181,000 681,000 2,588,000 1,153,000 343,000 54,000 |
STEX LTEX TEBF AHIM TEFCA TEFNY |
642,000 2,683,000 9,888,000 4,357,000 1,321,000 218,000 | |
2014 | STEX LTEX TEBF AHIM TEFCA TEFNY |
135,000 536,000 1,368,000 781,000 220,000 46,000 |
STEX LTEX TEBF AHIM TEFCA TEFNY |
543,000 2,115,000 5,231,000 3,020,000 811,000 177,000 | |
Class C* | 2016 | LTEX TEBF AHIM TEFCA TEFNY |
11,000 |
LTEX TEBF AHIM TEFCA TEFNY |
25,000 1,384,000 670,000 269,000 47,000 |
2015 | LTEX TEBF AHIM TEFCA TEFNY |
17,000 |
LTEX TEBF AHIM TEFCA TEFNY |
6,000 745,000 417,000 142,000 27,000 | |
2014 | LTEX TEBF AHIM TEFCA TEFNY |
31,000 133,000 14,000 1,000 |
LTEX TEBF AHIM TEFCA TEFNY |
5,000 341,000 281,000 63,000 16,000 |
* STEX does not currently offer Class C shares.
Tax-exempt income funds Page 52
Plans of distribution The fund has adopted plans of distribution (the Plans) pursuant to rule 12b-1 under the 1940 Act. The Plans permit the fund to expend amounts to finance any activity primarily intended to result in the sale of fund shares, provided the funds board of trustees has approved the category of expenses for which payment is being made.
Each Plan is specific to a particular share class of the fund. As the fund has not adopted a Plan for Class F-2 or Class R-6, no 12b-1 fees are paid from Class F-2 or Class R-6 share assets and the following disclosure is not applicable to these share classes.
Payments under the Plans may be made for service-related and/or distribution-related expenses. Service-related expenses include paying service fees to qualified dealers. Distribution-related expenses include commissions paid to qualified dealers. The amounts actually paid under the Plans for the past fiscal year, expressed as a percentage of the funds average daily net assets attributable to the applicable share class, are disclosed in the prospectus under Fees and expenses of the fund. Further information regarding the amounts available under each Plan is in the Plans of Distribution section of the prospectus.
Following is a brief description of the Plans:
Class A For Class A shares, up to .25% (and, in the case of STEX, up to .15%) of the fund's average daily net assets attributable to such shares is reimbursed to the Principal Underwriter for paying service-related expenses, and the balance available under the applicable Plan may be paid to the Principal Underwriter for distribution-related expenses. STEX may annually expend up to .15%, LTEX and AHIM may annually expend up to .30%, and TEBF and TEFCA may annually expend up to .25% for Class A shares under the applicable Plan. TEFNY may annually expend up to .30% for Class A shares under the applicable Plan; however, for Class A shares, the board of trustees has approved payments to the Principal Underwriter of up to .25% of the funds average daily net assets, in the aggregate, for paying service- and distribution-related expenses.
Distribution-related expenses for Class A shares include dealer commissions and wholesaler compensation paid on sales of shares of $1 million or more purchased without a sales charge. Commissions on these no load purchases (which are described in further detail under the Sales Charges section of this statement of additional information document) in excess of the Class A Plan limitations and not reimbursed to the Principal Underwriter during the most recent fiscal quarter are recoverable for 15 months, provided that the reimbursement of such commissions does not cause the fund to exceed the annual expense limit. After 15 months, these commissions are not recoverable. As of the funds most recent fiscal year, unreimbursed expenses which remained subject to reimbursement under the Plan for Class A shares totaled $1,075,000 or .16% of Class A net assets for STEX, $61,000 or 0% of Class A net assets for LTEX, $7,704,000 or .08% of Class A net assets for TEBF, $1,466,000 or .09% of Class A net assets for TEFCA and $2,000 or 0% of Class A net assets for TEFNY.
Class B The Plan for Class B shares provide for payments to the Principal Underwriter of up to .25% of each funds average daily net assets attributable to such shares for paying service-related expenses and .75% for distribution-related expenses, which include the financing of commissions paid to qualified dealers.
Class C The Plan for Class C shares provide for payments to the Principal Underwriter of up to .25% of each funds average daily net assets attributable to such shares for paying service-related expenses and .75% for distribution-related expenses.
Tax-exempt income funds Page 53
Class F-1 The Plan for Class F-1 shares provide for payments to the Principal Underwriter of up to .25% of each funds average daily net assets attributable to such shares for paying service-related expenses. The fund may annually expend up to .50% for Class F-1 shares under the applicable Plan; however, for Class F-1 shares, the board of trustees has approved payments to the Principal Underwriter of up to .25% of each funds average daily net assets attributable to such shares for paying service- and distribution-related expenses.
Payment of service fees – Payment of service fees generally begins 13 months after establishment of an account in Class A, B or C shares. Service fees are not paid on certain investments made at net asset value including accounts established by registered representatives and their family members as described in the “Sales charges” section of this statement of additional information.
During the 2016 fiscal year, 12b-1 expenses, accrued and paid, and if applicable, unpaid were:
12b-1 expenses | 12b-1
unpaid liability outstanding | |||
Class A | STEX LTEX TEBF AHIM TEFCA TEFNY |
$1,003,000 8,336,000 20,113,000 8,592,000 3,761,000 350,000 |
STEX LTEX TEBF AHIM TEFCA TEFNY |
$
83,000 392,000 447,000 363,000 37,000 |
Class B | LTEX TEBF AHIM TEFCA TEFNY |
5,000 52,000 23,000 8,000 * |
LTEX TEBF AHIM TEFCA TEFNY |
* 2,000 * * |
Class C | LTEX TEBF AHIM TEFCA TEFNY |
295,000 3,922,000 2,066,000 832,000 122,000 |
LTEX TEBF AHIM TEFCA TEFNY |
33,000 256,000 97,000 14,000 |
Class F-1 | STEX LTEX TEBF AHIM TEFCA TEFNY |
28,000 214,000 3,104,000 598,000 177,000 2,000 |
STEX LTEX TEBF AHIM TEFCA TEFNY |
3,000 23,000 66,000 21,000 2,000 |
*Amount less than $1,000.
STEX did not offer Class B or C shares during the 2016 fiscal year and is not currently offering B and C shares.
Tax-exempt income funds Page 54
Approval of the Plans As required by rule 12b-1 and the 1940 Act, the Plans (together with the Principal Underwriting Agreement) have been approved by the full board of trustees and separately by a majority of the independent trustees of the fund who have no direct or indirect financial interest in the operation of the Plans or the Principal Underwriting Agreement. In addition, the selection and nomination of independent trustees of the fund are committed to the discretion of the independent trustees during the existence of the Plans.
Potential benefits of the Plans to the fund and its shareholders include enabling shareholders to obtain advice and other services from a financial advisor at a reasonable cost, the likelihood that the Plans will stimulate sales of the fund benefiting the investment process through growth or stability of assets and the ability of the shareholders to choose among various alternatives in paying for sales and service. The Plans may not be amended to materially increase the amount spent for distribution without shareholder approval. Plan expenses are reviewed quarterly by the board of trustees and the Plans must be renewed annually by the board of trustees.
A portion of the funds 12b-1 expense is paid to financial advisors to compensate them for providing ongoing services. If you have questions regarding your investment in the fund or need assistance with your account, please contact your financial advisor. If you need a financial advisor, please call American Funds Distributors at (800) 421-4120 for assistance.
Tax-exempt income funds Page 55
Other compensation to dealers As of July 2016, the top dealers (or their affiliates) that American Funds Distributors anticipates will receive additional compensation (as described in the prospectus) include:
AIG Advisor Group
AIG Capital Services Inc
FSC Securities Corporation
Royal Alliance Associates, Inc.
SagePoint Financial, Inc.
Woodbury Financial Services, Inc.
American Portfolios Financial Services, Inc.
American Portfolios Advisors, Inc
American Portfolios Financial Services, Inc.
AXA Advisors, LLC
Cadaret, Grant & Co., Inc.
Cambridge
Cambridge Advisors, Inc.
Cambridge Appleton Trust
Cambridge Associates, LLC (USA)
Cambridge Investment Research Advisors, Inc.
Cambridge Investment Research, Inc.
Cambridge Southern Financial Advisors
Cetera Financial Group
Cetera Advisor Networks LLC
Cetera Advisors LLC
Cetera Financial Specialists LLC
Cetera Investment Services LLC
CIMAS, LLC
First Allied Securities Inc
Investors Capital Corp.
J.P. Turner & Company, L.L.C.
Legend Equities Corporation
Summit Brokerage Services, Inc.
Commonwealth
Commonwealth Advisory Group, LTD
Commonwealth Bank and Trust Company
Commonwealth Financial Advisors, LLC
Commonwealth Financial Group, Inc.
Commonwealth Financial Network
Commonwealth Retirement Services, Inc.
D.A. Davidson & Co.
Edward Jones
Hefren-Tillotson, Inc.
Tax-exempt income funds Page 56
HTK / Janney Montgomery Group
Hornor, Townsend & Kent, Inc.
Janney Montgomery Scott LLC
J.J.B. Hilliard Lyons
Hilliard Lyons Trust Company LLC
J. J. B. Hilliard, W. L. Lyons, LLC
J.P. Morgan Chase Banc One
J.P. Morgan Securities LLC
JP Morgan Chase Bank, N.A.
Ladenburg Thalmann Group
Investacorp, Inc.
KMS Financial Services, Inc.
Ladenburg, Thalmann & Co., Inc.
Securities America, Inc.
Securities Service Network Inc.
Triad Advisors, Inc.
Lincoln Network
Lincoln Financial Advisors Corporation
Lincoln Financial Distributors, Inc.
Lincoln Financial Securities Corporation
LPL Financial LLC
Mass Mutual / MML
MassMutual Trust Company FSB
MML Distributors LLC
MML Investors Services, LLC
The Massmutual Trust Company FSB
Merrill Lynch Banc of America
Bank Of America
Bank of America, NA
Merrill Lynch, Pierce, Fenner & Smith Incorporated
Metlife Enterprises
MetLife Advisers, LLC
Metlife Securities Inc.
New England Securities
Morgan Stanley Smith Barney LLC
NFP Securities
Kestra Investment Services LLC
NFP Advisor Services, LLC
NFP Retirement
NMIS
Northwestern Mutual Investment Services, LLC
Northwestern Mutual Wealth Management Co
NPH / Jackson National
Invest Financial Corporation
Investment Centers of America, Inc.
National Planning Corporation
SII Investments, Inc.
Park Avenue Securities LLC
Tax-exempt income funds Page 57
PFS
PFS Investments Inc.
Puplava Securities, Inc.
PNC Network
PNC Bank, National Association
PNC Investments LLC
Raymond James Group
Raymond James & Associates, Inc.
Raymond James (USA) LTD.
Raymond James Financial Services Advisors, Inc.
Raymond James Financial Services Inc.
RBC
RBC Capital Markets, LLC
RBC Capital Markets Corporation
RBC Trust Company
Robert W. Baird & Co, Incorporated
Securian / H. Beck / CRI
CRI Securities, LLC
H. Beck, Inc.
Securian Financial Services, Inc.
Stifel, Nicolaus & Co
Sterne Agee Investment Advisor Services, Inc.
Stifel Trust Company, N.A.
Stifel, Nicolaus & Company, Incorported
Transamerica Financial Advisors, Inc.
UBS
UBS Financial Services, Inc.
UBS Securities, LLC
Voya Financial Advisors Inc
Wells Fargo Network
First Clearing LLC
Wells Fargo
Wells Fargo Advisors Financial Network, LLC
Wells Fargo Advisors Latin American Channel
Wells Fargo Advisors LLC (WBS)
Wells Fargo Advisors Private Client Group
Well Fargo Advisors, LLC
Wells Fargo Bank, N.A.
Wells Fargo Securities, LLC
Tax-exempt income funds Page 58
Execution of portfolio transactions
The investment adviser places orders with broker-dealers for the funds portfolio transactions. Purchases and sales of equity securities on a securities exchange or an over-the-counter market are effected through broker-dealers who receive commissions for their services. Generally, commissions relating to securities traded on foreign exchanges will be higher than commissions relating to securities traded on U.S. exchanges and may not be subject to negotiation. Equity securities may also be purchased from underwriters at prices that include underwriting fees. Purchases and sales of fixed-income securities are generally made with an issuer or a primary market maker acting as principal with no stated brokerage commission. The price paid to an underwriter for fixed-income securities includes underwriting fees. Prices for fixed-income securities in secondary trades usually include undisclosed compensation to the market maker reflecting the spread between the bid and ask prices for the securities.
In selecting broker-dealers, the investment adviser strives to obtain best execution (the most favorable total price reasonably attainable under the circumstances) for the funds portfolio transactions, taking into account a variety of factors. These factors include the size and type of transaction, the nature and character of the markets for the security to be purchased or sold, the cost, quality, likely speed and reliability of execution and settlement, the broker-dealers or execution venues ability to offer liquidity and anonymity and the potential for minimizing market impact. The investment adviser considers these factors, which involve qualitative judgments, when selecting broker-dealers and execution venues for fund portfolio transactions. The investment adviser views best execution as a process that should be evaluated over time as part of an overall relationship with particular broker-dealer firms. The investment adviser and its affiliates negotiate commission rates with broker-dealers based on what they believe is necessary to obtain best execution. They seek, on an ongoing basis, to determine what the reasonable levels of commission rates are in the marketplace in respect of both execution and research taking various considerations into account, including the extent to which a broker-dealer has put its own capital at risk, historical commission rates, commission rates that other institutional investors are paying, and the provision of brokerage and research products and services. The fund does not consider the investment adviser as having an obligation to obtain the lowest commission rate available for a portfolio transaction to the exclusion of price, service and qualitative considerations. Brokerage commissions are only a small part of total execution costs and other factors, such as market impact and speed of execution, contribute significantly to overall transaction costs.
The investment adviser may execute portfolio transactions with broker-dealers who provide certain brokerage and/or investment research services to it, either directly or through a commission sharing arrangement, but only when in the investment advisers judgment the broker-dealer is capable of providing best execution for that transaction. The receipt of these services permits the investment adviser to supplement its own research and analysis and makes available the views of, and information from, individuals and the research staffs of other firms. Such views and information may be provided in the form of written reports, telephone contacts and meetings with securities analysts. These services may include, among other things, reports and other communications with respect to individual companies, industries, countries and regions, economic, political and legal developments, as well as scheduling meetings with corporate executives and seminars and conferences related to relevant subject matters. The investment adviser considers these services to be supplemental to its own internal research efforts and therefore the receipt of investment research from broker-dealers does not tend to reduce the expenses involved in the investment advisers research efforts. If broker-dealers were to discontinue providing such services, it is unlikely the investment adviser would attempt to replicate them on its own, in part because they would then no longer provide an independent, supplemental viewpoint. Nonetheless, if it were to attempt to do so, the investment adviser would incur substantial additional costs. Research services that the investment adviser receives from broker-dealers may be used by the investment adviser in servicing the fund and other funds and accounts that it advises; however, not all such services will necessarily benefit the fund.
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The investment adviser may pay commissions in excess of what other broker-dealers might have charged for certain portfolio transactions in recognition of brokerage and/or investment research services. In this regard, the investment adviser has adopted a brokerage allocation procedure consistent with the requirements of Section 28(e) of the U.S. Securities Exchange Act of 1934. Section 28(e) permits the investment adviser and its affiliates to cause an account to pay a higher commission to a broker-dealer to compensate the broker-dealer or another service provider for certain brokerage and/or investment research services provided to the investment adviser and its affiliates, if the investment adviser and each affiliate makes a good faith determination that such commissions are reasonable in relation to the value of the services provided by such broker-dealer to the investment adviser and its affiliates in terms of that particular transaction or the investment advisers overall responsibility to the fund and other accounts that it advises. Certain brokerage and/or investment research services may not necessarily benefit all accounts paying commissions to each such broker-dealer; therefore, the investment adviser and its affiliates assess the reasonableness of commissions in light of the total brokerage and investment research services provided to the investment adviser and its affiliates. Further, investment research services may be used by all investment associates of the investment adviser and its affiliates, regardless of whether they advise accounts with trading activity that generates eligible commissions.
In accordance with their internal brokerage allocation procedure, the investment adviser and its affiliates periodically assess the brokerage and investment research services provided by each broker-dealer and each other service provider from which they receive such services. As part of its ongoing relationships, the investment adviser and its affiliates routinely meet with firms to discuss the level and quality of the brokerage and research services provided, as well as the value and cost of such services. In valuing the brokerage and investment research services the investment adviser and its affiliates receive from broker-dealers and other research providers in connection with its good faith determination of reasonableness, the investment adviser and its affiliates take various factors into consideration, including the quantity, quality and usefulness of the services to the investment adviser and its affiliates. Based on this information and applying their judgment, the investment adviser and its affiliates set an annual research budget.
Research analysts and portfolio managers periodically participate in a research poll to determine the usefulness and value of the research provided by individual broker-dealers and research providers. Based on the results of this research poll, the investment adviser and its affiliates may, through commission sharing arrangements with certain broker-dealers, direct a portion of commissions paid to a broker-dealer to be used to compensate the broker-dealer for proprietary research or to be paid to a third-party research provider for research it has provided.
When executing portfolio transactions in the same equity security for the funds and accounts, or portions of funds and accounts, over which the investment adviser, through its equity investment divisions, has investment discretion, each investment division within the adviser and its affiliates normally aggregates its respective purchases or sales and executes them as part of the same transaction or series of transactions. When executing portfolio transactions in the same fixed-income security for the fund and the other funds or accounts over which it or one of its affiliated companies has investment discretion, the investment adviser normally aggregates such purchases or sales and executes them as part of the same transaction or series of transactions. The objective of aggregating purchases and sales of a security is to allocate executions in an equitable manner among the funds and other accounts that have concurrently authorized a transaction in such security.
The investment adviser currently owns an interest in IEX Group and Luminex Trading and Analytics. The investment adviser may place orders on these or other exchanges or alternative trading systems in which it, or one of its affiliates, has an ownership interest, provided such ownership interest is less than five percent of the total ownership interests in the entity. The investment adviser is subject to the same best execution obligations when trading on any such exchange or alternative trading system.
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Purchase and sale transactions may be effected directly among and between certain funds or accounts advised by the investment adviser or its affiliates, including the fund. The investment adviser maintains cross-trade policies and procedures and places a cross-trade only when such a trade is in the best interest of all participating clients and is not prohibited by the participating funds or accounts investment management agreement or applicable law.
The investment adviser may place orders for the funds portfolio transactions with broker-dealers who have sold shares of the funds managed by the investment adviser or its affiliated companies; however, it does not consider whether a broker-dealer has sold shares of the funds managed by the investment adviser or its affiliated companies when placing any such orders for the funds portfolio transactions.
Forward currency contracts are traded directly between currency traders (usually large commercial banks) and their customers. The cost to the fund of engaging in such contracts varies with factors such as the currency involved, the length of the contract period and the market conditions then prevailing. Because such contracts are entered into on a principal basis, their prices usually include undisclosed compensation to the market maker reflecting the spread between the bid and ask prices for the contracts. The fund may incur additional fees in connection with the purchase or sale of certain contracts.
No brokerage commissions were paid on portfolio transactions by AHIM for the 2016 and 2015 fiscal years. Brokerage commissions paid on portfolio transactions by AHIM for the 2014 fiscal year amounted to $6,000.
No brokerage commissions were paid on portfolio transactions by STEX, LTEX, TEBF, TEFCA and TEFNY for the 2016, 2015 and 2014 fiscal years.
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Disclosure of portfolio holdings
The funds investment adviser, on behalf of the fund, has adopted policies and procedures with respect to the disclosure of information about fund portfolio securities. These policies and procedures have been reviewed by the funds board of trustees, and compliance will be periodically assessed by the board in connection with reporting from the funds Chief Compliance Officer.
Under these policies and procedures, the funds complete list of portfolio holdings available for public disclosure, dated as of the end of each calendar quarter, is permitted to be posted on the American Funds website no earlier than the 10th day after such calendar quarter. In practice, the publicly disclosed portfolio is typically posted on the American Funds website within 30 days after the end of the calendar quarter. The publicly disclosed portfolio may exclude certain securities when deemed to be in the best interest of the fund as permitted by applicable regulations. In addition, the funds list of top 10 equity portfolio holdings measured by percentage of net assets, dated as of the end of each calendar month, is permitted to be posted on the American Funds website no earlier than the 10th day after such month. Such portfolio holdings information may be disclosed to any person pursuant to an ongoing arrangement to disclose portfolio holdings information to such person no earlier than one day after the day on which the information is posted on the American Funds website.
The funds custodian, outside counsel, auditor, financial printers, proxy voting service providers, pricing information vendors, consultants or agents operating under a contract with the investment adviser or its affiliates, co-litigants (such as in connection with a bankruptcy proceeding related to a fund holding) and certain other third parties described below, each of which requires portfolio holdings information for legitimate business and fund oversight purposes, may receive fund portfolio holdings information earlier. See the General information section in this statement of additional information for further information about the funds custodian, outside counsel and auditor.
The funds portfolio holdings, dated as of the end of each calendar month, are made available to up to 20 key broker-dealer relationships with research departments to help them evaluate the fund for eligibility on approved lists or in model portfolios. These firms include certain of those listed under the Other compensation to dealers section of this statement of additional information and certain broker-dealer firms that offer trading platforms for registered investment advisers. Monthly holdings may be provided to these intermediaries no earlier than the 10th day after the end of the calendar month. In practice, monthly holdings are provided within 30 days after the end of the calendar month. Holdings may also be disclosed more frequently to certain statistical and data collection agencies including Morningstar, Lipper, Inc., Value Line, Vickers Stock Research, Bloomberg, Overlap and Thomson Financial Research.
Affiliated persons of the fund, including officers of the fund and employees of the investment adviser and its affiliates, who receive portfolio holdings information are subject to restrictions and limitations on the use and handling of such information pursuant to applicable codes of ethics, including requirements not to trade in securities based on confidential and proprietary investment information, to maintain the confidentiality of such information, and to pre-clear securities trades and report securities transactions activity, as applicable. For more information on these restrictions and limitations, please see the Code of ethics section in this statement of additional information and the Code of Ethics. Third-party service providers of the fund and other entities, as described in this statement of additional information, receiving such information are subject to confidentiality obligations. When portfolio holdings information is disclosed other than through the American Funds website to persons not affiliated with the fund, such persons will be bound by agreements (including confidentiality agreements) or fiduciary or other obligations that restrict and limit their use of the information to legitimate business uses only. None of the fund, its investment adviser or any of their affiliates receives compensation or other consideration in connection with the disclosure of information about portfolio securities.
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Subject to board policies, the authority to disclose a funds portfolio holdings, and to establish policies with respect to such disclosure, resides with the appropriate investment-related committees of the funds investment adviser. In exercising their authority, the committees determine whether disclosure of information about the funds portfolio securities is appropriate and in the best interest of fund shareholders. The investment adviser has implemented policies and procedures to address conflicts of interest that may arise from the disclosure of fund holdings. For example, the investment advisers code of ethics specifically requires, among other things, the safeguarding of information about fund holdings and contains prohibitions designed to prevent the personal use of confidential, proprietary investment information in a way that would conflict with fund transactions. In addition, the investment adviser believes that its current policy of not selling portfolio holdings information and not disclosing such information to unaffiliated third parties until such holdings have been made public on the American Funds website (other than to certain fund service providers and other third parties for legitimate business and fund oversight purposes) helps reduce potential conflicts of interest between fund shareholders and the investment adviser and its affiliates.
The funds investment adviser and its affiliates provide investment advice to clients other than the fund that have investment objectives that may be substantially similar to those of the fund. These clients also may have portfolios consisting of holdings substantially similar to those of the fund and generally have access to current portfolio holdings information for their accounts. These clients do not owe the funds investment adviser or the fund a duty of confidentiality with respect to disclosure of their portfolio holdings.
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Price of shares
Shares are purchased at the offering price or sold at the net asset value price next determined after the purchase or sell order is received by the fund or the Transfer Agent provided that your request contains all information and legal documentation necessary to process the transaction. The Transfer Agent may accept written orders for the sale of fund shares on a future date. These orders are subject to the Transfer Agents policies, which generally allow shareholders to provide a written request to sell shares at the net asset value on a specified date no more than five business days after receipt of the order by the Transfer Agent. Any request to sell shares on a future date will be rejected if the request is not in writing, if the requested transaction date is more than five business days after the Transfer Agent receives the request or if the request does not contain all information and legal documentation necessary to process the transaction.
The offering or net asset value price is effective for orders received prior to the time of determination of the net asset value and, in the case of orders placed with dealers or their authorized designees, accepted by the Principal Underwriter, the Transfer Agent, a dealer or any of their designees. In the case of orders sent directly to the fund or the Transfer Agent, an investment dealer should be indicated. The dealer is responsible for promptly transmitting purchase and sell orders to the Principal Underwriter.
Orders received by the investment dealer or authorized designee, the Transfer Agent or the fund after the time of the determination of the net asset value will be entered at the next calculated offering price. Note that investment dealers or other intermediaries may have their own rules about share transactions and may have earlier cut-off times than those of the fund. For more information about how to purchase through your intermediary, contact your intermediary directly.
Prices that appear in the newspaper do not always indicate prices at which you will be purchasing and redeeming shares of the fund, since such prices generally reflect the previous days closing price, while purchases and redemptions are made at the next calculated price. The price you pay for shares, the offering price, is based on the net asset value per share, which is calculated once daily as of approximately 4 p.m. New York time, which is the normal close of trading on the New York Stock Exchange, each day the New York Stock Exchange is open. If, for example, the New York Stock Exchange closes at 1 p.m. New York time, the funds share price would still be determined as of 4 p.m. New York time. In such example, portfolio securities traded on the New York Stock Exchange would be valued at their closing prices unless the investment adviser determines that a fair value adjustment is appropriate due to subsequent events. The New York Stock Exchange is currently closed on weekends and on the following holidays: New Years Day; Martin Luther King, Jr. Day; Presidents Day; Good Friday; Memorial Day; Independence Day; Labor Day; Thanksgiving; and Christmas Day. Each share class of the fund has a separately calculated net asset value (and share price).
All portfolio securities of funds managed by Capital Research and Management Company (other than American Funds U.S. Government Money Market Fund) are valued, and the net asset values per share for each share class are determined, as indicated below. The fund follows standard industry practice by typically reflecting changes in its holdings of portfolio securities on the first business day following a portfolio trade.
Equity securities, including depositary receipts, are generally valued at the official closing price of, or the last reported sale price on, the exchange or market on which such securities are traded, as of the close of business on the day the securities are being valued or, lacking any sales, at the last available bid price. Prices for each security are taken from the principal exchange or market on which the security trades.
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Fixed-income securities, including short-term securities, are generally valued at prices obtained from one or more pricing vendors. The pricing vendors base prices on, among other things, benchmark yields, transactions, bids, offers, quotations from dealers and trading systems, new issues, underlying equity of the issuer, interest rate volatilities, spreads and other relationships observed in the markets among comparable securities and proprietary pricing models such as yield measures calculated using factors such as cash flows, prepayment information, default rates, delinquency and loss assumptions, financial or collateral characteristics or performance, credit enhancements, liquidation value calculations, specific deal information and other reference data. The funds investment adviser performs certain checks on vendor prices prior to calculation of the funds net asset value. When the investment adviser deems it appropriate to do so (such as when vendor prices are unavailable or not deemed to be representative), fixed-income securities will be valued in good faith at the mean quoted bid and ask prices that are reasonably and timely available (or bid prices, if ask prices are not available) or at prices for securities of comparable maturity, quality and type.
Securities with both fixed-income and equity characteristics (e.g., convertible bonds, preferred stocks, units comprised of more than one type of security, etc.), or equity securities traded principally among fixed-income dealers, are generally valued in the manner described above for either equity or fixed-income securities, depending on which method is deemed most appropriate by the investment adviser.
Forward currency contracts are valued at the mean of representative quoted bid and ask prices, generally based on prices supplied by one or more pricing vendors.
Assets or liabilities initially expressed in terms of currencies other than U.S. dollars are translated prior to the next determination of the net asset value of the funds shares into U.S. dollars at the prevailing market rates.
Securities and other assets for which representative market quotations are not readily available or are considered unreliable by the investment adviser are valued at fair value as determined in good faith under fair value guidelines adopted by authority of the funds board. Subject to board oversight, the funds board has appointed the funds investment adviser to make fair valuation determinations, which are directed by a valuation committee established by the funds investment adviser. The board receives regular reports describing fair-valued securities and the valuation methods used.
The valuation committee has adopted guidelines and procedures (consistent with SEC rules and guidance) to consider certain relevant principles and factors when making fair value determinations. As a general principle, securities lacking readily available market quotations, or that have quotations that are considered unreliable by the investment adviser, are valued in good faith by the valuation committee based upon what the fund might reasonably expect to receive upon their current sale. Fair valuations and valuations of investments that are not actively trading involve judgment and may differ materially from valuations that would have been used had greater market activity occurred. The valuation committee considers relevant indications of value that are reasonably and timely available to it in determining the fair value to be assigned to a particular security, such as the type and cost of the security, contractual or legal restrictions on resale of the security, relevant financial or business developments of the issuer, actively traded similar or related securities, conversion or exchange rights on the security, related corporate actions, significant events occurring after the close of trading in the security and changes in overall market conditions. The valuation committee employs additional fair value procedures to address issues related to equity securities that trade principally in markets outside the United States. Such securities may trade in markets that open and close at different times, reflecting time zone differences. If significant events occur after the close of a market (and before the funds net asset values are next determined) which affect the value of equity securities held in the funds portfolio, appropriate adjustments from closing market prices may be made to reflect these events. Events of this type could include, for example, earthquakes and other natural disasters or significant price changes in other markets (e.g., U.S. stock markets).
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Each class of shares represents interests in the same portfolio of investments and is identical in all respects to each other class, except for differences relating to distribution, service and other charges and expenses, certain voting rights, differences relating to eligible investors, the designation of each class of shares, conversion features and exchange privileges. Expenses attributable to the fund, but not to a particular class of shares, are borne by each class pro rata based on relative aggregate net assets of the classes. Expenses directly attributable to a class of shares are borne by that class of shares. Liabilities attributable to particular share classes, such as liabilities for repurchase of fund shares, are deducted from total assets attributable to such share classes.
Net assets so obtained for each share class are then divided by the total number of shares outstanding of that share class, and the result, rounded to the nearest cent, is the net asset value per share for that class.
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Taxes and distributions
Disclaimer: Some of the following information may not apply to certain shareholders including those holding fund shares in a tax-deferred account, such as a retirement plan or education savings account. Shareholders should consult their tax advisors about the application of federal, state and local tax law in light of their particular situation.
Taxation as a regulated investment company The fund intends to qualify each year as a regulated investment company under Subchapter M of the Internal Revenue Code (Code) so that it will not be liable for federal tax on income and capital gains distributed to shareholders. In order to qualify as a regulated investment company, and avoid being subject to federal income taxes, the fund intends to distribute substantially all of its net investment income and realized net capital gains on a fiscal year basis, and intends to comply with other tests applicable to regulated investment companies under Subchapter M.
The Code includes savings provisions allowing the fund to cure inadvertent failures of certain qualification tests required under Subchapter M. However, should the fund fail to qualify under Subchapter M, the fund would be subject to federal, and possibly state, corporate taxes on its taxable income and gains.
Amounts not distributed by the fund on a timely basis in accordance with a calendar year distribution requirement may be subject to a nondeductible 4% excise tax. Unless an applicable exception applies, to avoid the tax, the fund must distribute during each calendar year an amount equal to the sum of (a) at least 98% of its ordinary income (not taking into account any capital gains or losses) for the calendar year, (b) at least 98.2% of its capital gains in excess of its capital losses for the twelve month period ending on October 31, and (c) all ordinary income and capital gains for previous years that were not distributed during such years.
Dividends paid by the fund from ordinary income or from an excess of net short-term capital gain over net long-term capital loss are taxable to shareholders as ordinary income dividends.
The fund may declare a capital gain distribution consisting of the excess of net realized long-term capital gains over net realized short-term capital losses. Net capital gains for a fiscal year are computed by taking into account any capital loss carryforward of the fund. For fund fiscal years beginning on or after December 22, 2010, capital losses may be carried forward indefinitely and retain their character as either short-term or long-term. Under prior law, net capital losses could be carried forward for eight tax years and were treated as short-term capital losses. The fund is required to use capital losses arising in fiscal years beginning on or after December 22, 2010 before using capital losses arising in fiscal years prior to December 22, 2010.
The fund may retain a portion of net capital gain for reinvestment and may elect to treat such capital gain as having been distributed to shareholders of the fund. Shareholders may receive a credit for the tax that the fund paid on such undistributed net capital gain and would increase the basis in their shares of the fund by the difference between the amount of includible gains and the tax deemed paid by the shareholder.
Distributions of net capital gain that the fund properly designates as a capital gain distribution generally will be taxable as long-term capital gain, regardless of the length of time the shares of the fund have been held by a shareholder. Any loss realized upon the redemption of shares held at the time of redemption for six months or less from the date of their purchase will be treated as a long-term capital loss to the extent of any capital gain distributions (including any undistributed amounts treated as distributed capital gains, as described above) during such six-month period.
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Capital gain distributions by the fund result in a reduction in the net asset value of the funds shares. Investors should consider the tax implications of buying shares just prior to a capital gain distribution. The price of shares purchased at that time includes the amount of the forthcoming distribution. Those purchasing just prior to a distribution will subsequently receive a partial return of their investment capital upon payment of the distribution, which will be taxable to them.
Redemptions and exchanges of fund shares Redemptions of shares, including exchanges for shares of other American Funds, may result in federal, state and local tax consequences (gain or loss) to the shareholder.
Any loss realized on a redemption or exchange of shares of the fund will be disallowed to the extent substantially identical shares are reacquired within the 61-day period beginning 30 days before and ending 30 days after the shares are disposed of. Any loss disallowed under this rule will be added to the shareholders tax basis in the new shares purchased.
If a shareholder exchanges or otherwise disposes of shares of the fund within 90 days of having acquired such shares, and if, as a result of having acquired those shares, the shareholder subsequently pays a reduced or no sales charge for shares of the fund, or of a different fund acquired before January 31st of the year following the year the shareholder exchanged or otherwise disposed of the original fund shares, the sales charge previously incurred in acquiring the funds shares will not be taken into account (to the extent such previous sales charges do not exceed the reduction in sales charges) for the purposes of determining the amount of gain or loss on the exchange, but will be treated as having been incurred in the acquisition of such other fund(s).
Tax consequences applicable to tax-exempt funds Interest on the municipal securities purchased by the fund is believed to be free from regular federal income tax based on opinions issued by bond counsel. However, there is no guarantee that the opinion is correct or that the IRS will agree with the opinion. If interest on a municipal security is not free from regular federal income tax, then the interest on that security would become taxable. If this were to happen, dividends derived from this interest may be taxable to shareholders.
By meeting certain requirements of the Code, the fund qualifies to pay exempt-interest dividends to shareholders. These exempt-interest dividends are derived from interest income exempt from regular federal income tax, and are not subject to regular federal income tax when they are distributed to fund shareholders. In addition, to the extent that exempt-interest dividends are derived from interest on obligations of a state or its political subdivisions, or from interest on qualifying U.S. territorial obligations (including qualifying obligations of Puerto Rico, the U.S. Virgin Islands or Guam), they also may be exempt from that states personal income taxes.
Distributions paid by a tax-exempt fund that are designated as exempt-interest dividends will not be subject to regular federal income tax. Exempt-interest dividends paid by the fund will be reported to both the IRS and shareholders of the fund.
Private activity bonds are bonds that, although federally tax-exempt, are used for purposes other than those generally performed by governmental units and that benefit non-governmental entities. Interest on certain private activity bonds, while exempt from regular federal income tax, is a preference item for taxpayers when determining their alternative minimum tax under the Code and under the income tax provisions of several states.
The price of a bond purchased after its original issuance may reflect market discount which, depending on the particular circumstances, may result in the fund recognizing taxable ordinary income. In determining whether a bond is purchased with market discount, certain de minimis rules apply.
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Other tax considerations After the end of each calendar year, individual shareholders holding fund shares in taxable accounts will receive a statement of the federal income tax status of all distributions. Shareholders of the fund also may be subject to state and local taxes on distributions received from the fund.
For fund shares acquired on or after January 1, 2012, the fund is required to report cost basis information for redemptions, including exchanges, to both shareholders and the IRS.
Shareholders may obtain more information about cost basis online at americanfunds.com/costbasis.
Under the backup withholding provisions of the Code, the fund generally will be required to withhold federal income tax on all payments made to a shareholder if the shareholder either does not furnish the fund with the shareholders correct taxpayer identification number or fails to certify that the shareholder is not subject to backup withholding. Backup withholding also applies if the IRS notifies the shareholder or the fund that the taxpayer identification number provided by the shareholder is incorrect or that the shareholder has previously failed to properly report interest or dividend income.
The foregoing discussion of U.S. federal income tax law relates solely to the application of that law to U.S. persons (i.e., U.S. citizens and legal residents and U.S. corporations, partnerships, trusts and estates). Each shareholder who is not a U.S. person should consider the U.S. and foreign tax consequences of ownership of shares of the fund, including the possibility that such a shareholder may be subject to U.S. withholding taxes.
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Purchase and exchange of shares
Purchases by individuals As described in the prospectus, you may generally open an account and purchase fund shares by contacting a financial advisor or investment dealer authorized to sell the funds shares. You may make investments by any of the following means:
Contacting your financial advisor Deliver or mail a check to your financial advisor.
By mail For initial investments, you may mail a check, made payable to the fund, directly to the address indicated on the account application. Please indicate an investment dealer on the account application. You may make additional investments by filling out the Account Additions form at the bottom of a recent transaction confirmation and mailing the form, along with a check made payable to the fund, using the envelope provided with your confirmation.
The amount of time it takes for us to receive regular U.S. postal mail may vary and there is no assurance that we will receive such mail on the day you expect. Mailing addresses for regular U.S. postal mail can be found in the prospectus. To send investments or correspondence to us via overnight mail or courier service, use either of the following addresses:
American Funds
12711 North Meridian Street
Carmel, IN 46032-9181
American Funds
5300 Robin Hood Road
Norfolk, VA 23513-2407
By telephone Using the American FundsLine. Please see the Shareholder account services and privileges section of this statement of additional information for more information regarding this service.
By Internet Using americanfunds.com. Please see the Shareholder account services and privileges section of this statement of additional information for more information regarding this service.
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By wire If you are making a wire transfer, instruct your bank to wire funds to:
Wells Fargo Bank
ABA Routing No. 121000248
Account No. 4600-076178
Your bank should include the following information when wiring funds:
For credit to the account of:
American Funds Service Company
(funds name)
For further credit to:
(shareholders fund account number)
(shareholders name)
You may contact American Funds Service Company at (800) 421-4225 if you have questions about making wire transfers.
Other purchase information The American Funds state tax-exempt funds are qualified for sale only in certain jurisdictions, and tax-exempt funds in general should not serve as retirement plan investments. The fund and the Principal Underwriter reserve the right to reject any purchase order.
Class R-6 shares are generally only available to American Funds Portfolio Series and other registered investment companies approved by the funds investment adviser or distributor.
Purchase minimums and maximums All investments are subject to the purchase minimums and maximums described in the prospectus. As noted in the prospectus, purchase minimums may be waived or reduced in certain cases.
In the case of American Funds non-tax-exempt funds, the initial purchase minimum of $25 may be waived for the following account types:
· Payroll deduction retirement plan accounts (such as, but not limited to, 403(b), 401(k), SIMPLE IRA, SARSEP and deferred compensation plan accounts); and
· Employer-sponsored CollegeAmerica accounts.
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The following account types may be established without meeting the initial purchase minimum:
· Retirement accounts that are funded with employer contributions; and
· Accounts that are funded with monies set by court decree.
The following account types may be established without meeting the initial purchase minimum, but shareholders wishing to invest in two or more funds must meet the normal initial purchase minimum of each fund:
· Accounts that are funded with (a) transfers of assets, (b) rollovers from retirement plans, (c) rollovers from 529 college savings plans or (d) required minimum distribution automatic exchanges; and
· American Funds U.S. Government Money Market Fund accounts registered in the name of clients of the Capital Group Private Client Services division.
Certain accounts held on the funds books, known as omnibus accounts, contain multiple underlying accounts that are invested in shares of the fund. These underlying accounts are maintained by entities such as financial intermediaries and are subject to the applicable initial purchase minimums as described in the prospectus and this statement of additional information. However, in the case where the entity maintaining these accounts aggregates the accounts purchase orders for fund shares, such accounts are not required to meet the funds minimum amount for subsequent purchases.
Exchanges You may only exchange shares into other American Funds within the same share class. However, exchanges from Class A shares of American Funds U.S. Government Money Market Fund may be made to Class C shares of other American Funds for dollar cost averaging purposes. Exchanges are not permitted from Class A shares of American Funds U.S. Government Money Market Fund to Class C shares of American Funds Short-Term Tax-Exempt Bond Fund, Intermediate Bond Fund of America, Limited Term Tax-Exempt Bond Fund of America, Short-Term Bond Fund of America or American Funds Inflation Linked Bond Fund. Exchange purchases are subject to the minimum investment requirements of the fund purchased and no sales charge generally applies. However, exchanges of shares from American Funds U.S. Government Money Market Fund are subject to applicable sales charges, unless the American Funds U.S. Government Money Market Fund shares were acquired by an exchange from a fund having a sales charge, or by reinvestment or cross-reinvestment of dividends or capital gain distributions. Exchanges of Class F shares generally may only be made through fee-based programs of investment firms that have special agreements with the funds distributor and certain registered investment advisors.
You may exchange shares of other classes by contacting the Transfer Agent, by contacting your investment dealer or financial advisor, by using American FundsLine or americanfunds.com, or by telephoning (800) 421-4225 toll-free, or faxing (see American Funds Service Company service areas in the prospectus for the appropriate fax numbers) the Transfer Agent. For more information, see Shareholder account services and privileges in this statement of additional information. These transactions have the same tax consequences as ordinary sales and purchases.
Shares held in employer-sponsored retirement plans may be exchanged into other American Funds by contacting your plan administrator or recordkeeper. Exchange redemptions and purchases are processed simultaneously at the share prices next determined after the exchange order is received (see Price of shares in this statement of additional information).
Conversion Currently, Class C shares of the fund automatically convert to Class F-1 shares in the month of the 10-year anniversary of the purchase date. The board of trustees of the fund reserves the right at any time, without shareholder approval, to amend the conversion feature of the Class C shares,
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including without limitation, providing for conversion into a different share class or for no conversion. In making its decision, the board of trustees will consider, among other things, the effect of any such amendment on shareholders.
Frequent trading of fund shares As noted in the prospectus, certain redemptions may trigger a purchase block lasting 30 calendar days under the funds purchase blocking policy. Under this policy, systematic redemptions will not trigger a purchase block and systematic purchases will not be prevented if the entity maintaining the shareholder account is able to identify the transaction as a systematic redemption or purchase. For purposes of this policy, systematic redemptions include, for example, regular periodic automatic redemptions and statement of intention escrow share redemptions. Systematic purchases include, for example, regular periodic automatic purchases and automatic reinvestments of dividends and capital gain distributions. Generally, purchases and redemptions will not be considered systematic unless the transaction is prescheduled for a specific date.
Other potentially abusive activity In addition to implementing purchase blocks, American Funds Service Company will monitor for other types of activity that could potentially be harmful to the American Funds for example, short-term trading activity in multiple funds. When identified, American Funds Service Company will request that the shareholder discontinue the activity. If the activity continues, American Funds Service Company will freeze the shareholder account to prevent all activity other than redemptions of fund shares.
Moving between share classes
If you wish to move your investment between share classes (within the same fund or between different funds), we generally will process your request as an exchange of the shares you currently hold for shares in the new class or fund. Below is more information about how sales charges are handled for various scenarios. Class B and C shares are not currently offered by STEX.
Exchanging Class B shares for Class A shares If you exchange Class B shares for Class A shares during the contingent deferred sales charge period you are responsible for paying any applicable deferred sales charges attributable to those Class B shares, but you will not be required to pay a Class A sales charge. If, however, you exchange your Class B shares for Class A shares after the contingent deferred sales charge period, you are responsible for paying any applicable Class A sales charges.
Exchanging Class C shares for Class A shares If you exchange Class C shares for Class A shares, you are still responsible for paying any Class C contingent deferred sales charges and applicable Class A sales charges.
Exchanging Class C shares for Class F shares If you are part of a qualified fee-based program and you wish to exchange your Class C shares for Class F shares to be held in the program, you are still responsible for paying any applicable Class C contingent deferred sales charges.
Exchanging Class F shares for Class A shares You can exchange Class F shares held in a qualified fee-based program for Class A shares without paying an initial Class A sales charge if you are leaving or have left the fee-based program. You can exchange Class F shares received in a conversion from Class C shares for Class A shares at any time without paying an initial Class A sales charge if you notify American Funds Service Company of the conversion when you make your request. If you have already redeemed your Class F shares, the foregoing requirements apply and you must purchase Class A shares within 90 days after redeeming your Class F shares to receive the Class A shares without paying an initial Class A sales charge.
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Exchanging Class A shares for Class F shares If you are part of a qualified fee-based program and you wish to exchange your Class A shares for Class F shares to be held in the program, any Class A sales charges (including contingent deferred sales charges) that you paid or are payable will not be credited back to your account.
Exchanging Class F-1 shares for Class F-2 shares If you are part of a qualified fee-based program that offers Class F-2 shares, you may exchange your Class F-1 shares for Class F-2 shares to be held in the program.
Moving between other share classes If you desire to move your investment between share classes and the particular scenario is not described in this statement of additional information, please contact American Funds Service Company at (800) 421-4225 for more information.
Non-reportable transactions Automatic conversions described in the prospectus will be non-reportable for tax purposes. In addition, an exchange of shares from one share class of a fund to another share class of the same fund will be treated as a non-reportable exchange for tax purposes, provided that the exchange request is received in writing by American Funds Service Company and processed as a single transaction.
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Sales charges
Class A purchases
Purchases by certain 403(b) plans
Tax-exempt funds in general should not serve as retirement plan investments.
A 403(b) plan may not invest in Class A or C shares of any of the American Funds unless such plan was invested in Class A or C shares before January 1, 2009.
Participant accounts of a 403(b) plan that invested in Class A or C shares of any of the American Funds and were treated as an individual-type plan for sales charge purposes before January 1, 2009, may continue to be treated as accounts of an individual-type plan for sales charge purposes. Participant accounts of a 403(b) plan that invested in Class A or C shares of any of the American Funds and were treated as an employer-sponsored plan for sales charge purposes before January 1, 2009, may continue to be treated as accounts of an employer-sponsored plan for sales charge purposes. Participant accounts of a 403(b) plan that was established on or after January 1, 2009, are treated as accounts of an employer-sponsored plan for sales charge purposes.
Purchases by SEP plans and SIMPLE IRA plans
Participant accounts in a Simplified Employee Pension (SEP) plan or a Savings Incentive Match Plan for Employees of Small Employers IRA (SIMPLE IRA) will be aggregated at the plan level for Class A sales charge purposes if an employer adopts a prototype plan produced by American Funds Distributors, Inc. or (a) the employer or plan sponsor submits all contributions for all participating employees in a single contribution transmittal or the contributions are identified as related to the same plan; (b) each transmittal is accompanied by checks or wire transfers and generally must be submitted through the transfer agents automated contribution system if held on the funds books; and (c) if the fund is expected to carry separate accounts in the name of each plan participant and (i) the employer or plan sponsor notifies the funds transfer agent or the intermediary holding the account that the separate accounts of all plan participants should be linked and (ii) all new participant accounts are established by submitting the appropriate documentation on behalf of each new participant. Participant accounts in a SEP or SIMPLE plan that are eligible to aggregate their assets at the plan level may not also aggregate the assets with their individual accounts. The ability to link SEP and SIMPLE IRA accounts at the plan level may not be available to you depending on the policies and system capabilities of your financial intermediary.
Other purchases
Pursuant to a determination of eligibility by a vice president or more senior officer of the Capital Research and Management Company Fund Administration Unit, or by his or her designee, Class A shares of the American Funds stock, stock/bond and bond funds may be sold at net asset value to:
(1) | current or retired directors, trustees, officers and advisory board members of, and certain lawyers who provide services to, the funds managed by Capital Research and Management Company, current or retired employees and partners of The Capital Group Companies, Inc. and its affiliated companies, certain family members of the above persons, and trusts or plans primarily for such persons; |
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(2) | currently registered representatives and assistants directly employed by such representatives, retired registered representatives with respect to accounts established while active, or full-time employees (collectively, Eligible Persons) (and their (a) spouses or equivalents if recognized under local law, (b) parents and children, including parents and children in step and adoptive relationships, sons-in-law and daughters-in-law, and (c) parents-in-law, if the Eligible Persons or the spouses, children or parents of the Eligible Persons are listed in the account registration with the parents-in-law) of dealers who have sales agreements with the Principal Underwriter (or who clear transactions through such dealers), plans for the dealers, and plans that include as participants only the Eligible Persons, their spouses, parents and/or children (these policies are subject to the dealers policies and system capabilities); | |
(3) | currently registered investment advisors (RIAs) and assistants directly employed by such RIAs, retired RIAs with respect to accounts established while active, or full-time employees (collectively, Eligible RIAs) (and their (a) spouses or equivalents if recognized under local law, (b) parents and children, including parents and children in step and adoptive relationships, sons-in-law and daughters-in-law and (c) parents-in-law, if the Eligible RIAs or the spouses, children or parents of the Eligible RIAs are listed in the account registration with the parents-in-law) of RIA firms that are authorized to sell shares of the funds, plans for the RIA firms, and plans that include as participants only the Eligible RIAs, their spouses, parents and/or children (these policies are subject to the RIAs policies and system capabilities); | |
(4) | companies exchanging securities with the fund through a merger, acquisition or exchange offer; | |
(5) | insurance company separate accounts; | |
(6) | accounts managed by subsidiaries of The Capital Group Companies, Inc.; | |
(7) | The Capital Group Companies, Inc. and its affiliated companies; | |
(8) | an individual or entity with a substantial business relationship with The Capital Group Companies, Inc. or its affiliates, or an individual or entity related or relating to such individual or entity; | |
(9) | wholesalers and full-time employees directly supporting wholesalers involved in the distribution of insurance company separate accounts whose underlying investments are managed by any affiliate of The Capital Group Companies, Inc.; and | |
(10) | full-time employees of banks that have sales agreements with the Principal Underwriter, who are solely dedicated to directly supporting the sale of mutual funds. |
Shares are offered at net asset value to these persons and organizations due to anticipated economies in sales effort and expense. Once an account is established under this net asset value privilege, additional investments can be made at net asset value for the life of the account. Depending on the financial intermediary holding your account, these privileges may be unavailable. Investors should consult their financial intermediary for further information.
Moving between accounts American Funds investments by certain account types may be moved to other account types without incurring additional Class A sales charges. These transactions include:
· redemption proceeds from a non-retirement account (for example, a joint tenant account) used to purchase fund shares in an IRA or other individual-type retirement account;
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· required minimum distributions from an IRA or other individual-type retirement account used to purchase fund shares in a non-retirement account; and
· death distributions paid to a beneficiarys account that are used by the beneficiary to purchase fund shares in a different account.
These privileges are generally available only if your account is held directly with the funds transfer agent or if the financial intermediary holding your account has the systems, policies and procedures to support providing the privileges on their systems. Investors should consult their financial intermediary for further information.
Loan repayments Repayments on loans taken from a retirement plan are not subject to sales charges if American Funds Service Company is notified of the repayment.
Dealer commissions and compensation Commissions (up to 1.00%) are paid to dealers who initiate and are responsible for certain Class A share purchases not subject to initial sales charges. These purchases consist of a) purchases of $1 million or more, and b) purchases by employer-sponsored defined contribution-type retirement plans investing $1 million or more or with 100 or more eligible employees. Only with respect to The Tax-Exempt Bond Fund of America, American High-Income Municipal Bond Fund, The Tax-Exempt Fund of California and American Funds Tax-Exempt Fund of New York, commissions on such investments (other than IRA rollover assets that roll over at no sales charge under the funds IRA rollover policy as described in the prospectus) are paid to dealers at the following rates: 1.00% on amounts of less than $10 million, .50% on amounts of at least $10 million but less than $25 million and .25% on amounts of at least $25 million. Commissions are based on cumulative investments over the life of the account with no adjustment for redemptions, transfers, or market declines. For example, if a shareholder has accumulated investments in excess of $10 million (but less than $25 million) and subsequently redeems all or a portion of the account(s), purchases following the redemption will generate a dealer commission of .50%.
Commissions (up to 1.00%) are paid to dealers who initiate and are responsible for certain Class A share purchases not subject to initial sales charges. These purchases consist of purchases of $1 million or more and purchases by employer-sponsored defined contribution-type retirement plans investing $1 million or more or with 100 or more eligible employees. Only with respect to American Funds Short-Term Tax-Exempt Bond Fund and Limited Term Tax-Exempt Bond Fund of America, commissions on such investments (other than IRA rollover assets that roll over at no sales charge under the funds IRA rollover policy as described in the prospectus) are paid to dealers at the following rates: 1.00% on amounts of less than $4 million, .50% on amounts of at least $4 million but less than $10 million and .25% on amounts of at least $10 million. Commissions are based on cumulative investments over the life of the account with no adjustment for redemptions, transfers, or market declines. For example, if a shareholder has accumulated investments in excess of $4 million (but less than $10 million) and subsequently redeems all or a portion of the account(s), purchases following the redemption will generate a dealer commission of .50%.
A dealer concession of up to 1% may be paid by the fund under its Class A plan of distribution to reimburse the Principal Underwriter in connection with dealer and wholesaler compensation paid by it with respect to investments made with no initial sales charge.
Class C purchases
Direct purchases of Class C shares of Limited Term Tax-Exempt Bond Fund of America are not permitted. Class C shares of Limited Term Tax-Exempt Bond Fund of America may be acquired only by exchanging from Class C shares of other American Funds.
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Sales charge reductions and waivers
Reducing your Class A sales charge As described in the prospectus, there are various ways to reduce your sales charge when purchasing Class A shares. Additional information about Class A sales charge reductions is provided below.
Statement of intention By establishing a statement of intention (the "Statement"), you enter into a nonbinding commitment to purchase shares of the American Funds (excluding American Funds U.S. Government Money Market Fund) over a 13-month period and receive the same sales charge (expressed as a percentage of your purchases) as if all shares had been purchased at once, unless the Statement is upgraded as described below.
The Statement period starts on the date on which your first purchase made toward satisfying the Statement is processed. Your accumulated holdings (as described in the paragraph below titled Rights of accumulation) eligible to be aggregated as of the day immediately before the start of the Statement period may be credited toward satisfying the Statement.
You may revise the commitment you have made in your Statement upward at any time during the Statement period. If your prior commitment has not been met by the time of the revision, the Statement period during which purchases must be made will remain unchanged. Purchases made from the date of the revision will receive the reduced sales charge, if any, resulting from the revised Statement. If your prior commitment has been met by the time of the revision, your original Statement will be considered met and a new Statement will be established.
The Statement will be considered completed if the shareholder dies within the 13-month Statement period. Commissions to dealers will not be adjusted or paid on the difference between the Statement amount and the amount actually invested before the shareholders death.
When a shareholder elects to use a Statement, shares equal to 5% of the dollar amount specified in the Statement may be held in escrow in the shareholders account out of the initial purchase (or subsequent purchases, if necessary) by the Transfer Agent. All dividends and any capital gain distributions on shares held in escrow will be credited to the shareholders account in shares (or paid in cash, if requested). If the intended investment is not completed within the specified Statement period the investments made during the statement period will be adjusted to reflect the difference between the sales charge actually paid and the sales charge which would have been paid if the total of such purchases had been made at a single time. Any dealers assigned to the shareholders account at the time a purchase was made during the Statement period will receive a corresponding commission adjustment if appropriate.
In addition, if you currently have individual holdings in American Legacy variable annuity contracts or variable life insurance policies that were established on or before March 31, 2007, you may continue to apply purchases under such contracts and policies to a Statement.
Shareholders purchasing shares at a reduced sales charge under a Statement indicate their acceptance of these terms and those in the prospectus with their first purchase.
Aggregation Qualifying investments for aggregation include those made by you and your immediate family as defined in the prospectus, if all parties are purchasing shares for their own accounts and/or:
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· individual-type employee benefit plans, such as an IRA, single-participant Keogh-type plan, or a participant account of a 403(b) plan that is treated as an individual-type plan for sales charge purposes (see Purchases by certain 403(b) plans under Sales charges in this statement of additional information);
· SEP plans and SIMPLE IRA plans established after November 15, 2004, by an employer adopting any plan document other than a prototype plan produced by American Funds Distributors, Inc.;
· business accounts solely controlled by you or your immediate family (for example, you own the entire business);
· trust accounts established by you or your immediate family (for trusts with only one primary beneficiary, upon the trustors death the trust account may be aggregated with such beneficiarys own accounts; for trusts with multiple primary beneficiaries, upon the trustors death the trustees of the trust may instruct American Funds Service Company to establish separate trust accounts for each primary beneficiary; each primary beneficiarys separate trust account may then be aggregated with such beneficiarys own accounts);
· endowments or foundations established and controlled by you or your immediate family; or
· CollegeAmerica® accounts invested in American Funds other than the funds, which will be aggregated at the account owner level. (Class 529-E accounts may only be aggregated with an eligible employer plan. For more information about CollegeAmerica and Class 529 shares, please see the prospectus of American Funds that offer Class 529 shares.)
Individual purchases by a trustee(s) or other fiduciary(ies) may also be aggregated if the investments are:
· for a single trust estate or fiduciary account, including employee benefit plans other than the individual-type employee benefit plans described above;
· made for two or more employee benefit plans of a single employer or of affiliated employers as defined in the 1940 Act, excluding the individual-type employee benefit plans described above;
· for a diversified common trust fund or other diversified pooled account not specifically formed for the purpose of accumulating fund shares;
· for nonprofit, charitable or educational organizations, or any endowments or foundations established and controlled by such organizations, or any employer-sponsored retirement plans established for the benefit of the employees of such organizations, their endowments, or their foundations;
· for participant accounts of a 403(b) plan that is treated as an employer-sponsored plan for sales charge purposes (see Purchases by certain 403(b) plans under Sales charges in this statement of additional information), or made for participant accounts of two or more such plans, in each case of a single employer or affiliated employers as defined in the 1940 Act; or
· for a SEP or SIMPLE IRA plan established after November 15, 2004, by an employer adopting a prototype plan produced by American Funds Distributors, Inc.
Purchases made for nominee or street name accounts (securities held in the name of an investment dealer or another nominee such as a bank trust department instead of the customer) may not be aggregated with those made for other accounts and may not be
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aggregated with other nominee or street name accounts unless otherwise qualified as described above.
Joint accounts may be aggregated with other accounts belonging to the primary owner and/or his or her immediate family. The primary owner of a joint account is the individual responsible for taxes on the account.
Concurrent purchases As described in the prospectus, you may reduce your Class A sales charge by combining purchases of all classes of shares in the American Funds, as well as applicable holdings in the American Funds Target Date Retirement Series, American Funds Portfolio Series, American Funds Retirement Income Portfolio Series and American Funds College Target Date Series. Shares of American Funds U.S. Government Money Market Fund purchased through an exchange, reinvestment or cross-reinvestment from a fund having a sales charge also qualify. However, direct purchases of American Funds U.S. Government Money Market Fund are excluded. If you currently have individual holdings in American Legacy variable annuity contracts or variable life insurance policies that were established on or before March 31, 2007, you may continue to combine purchases made under such contracts and policies to reduce your Class A sales charge.
Rights of accumulation Subject to the limitations described in the aggregation policy, you may take into account your accumulated holdings in all share classes of the American Funds, as well as applicable holdings in the American Funds Target Date Retirement Series, American Funds Portfolio Series, American Funds Retirement Income Portfolio Series and American Funds College Target Date Series, to determine your sales charge on investments in accounts eligible to be aggregated. Direct purchases of American Funds U.S. Government Money Market Fund are excluded. Subject to your investment dealers or recordkeepers capabilities, your accumulated holdings will be calculated as the higher of (a) the current value of your existing holdings (the market value) as of the day prior to your American Funds investment or (b) the amount you invested (including reinvested dividends and capital gains, but excluding capital appreciation) less any withdrawals (the cost value). Depending on the entity on whose books your account is held, the value of your holdings in that account may not be eligible for calculation at cost value. For example, accounts held in nominee or street name may not be eligible for calculation at cost value and instead may be calculated at market value for purposes of rights of accumulation.
The value of all of your holdings in accounts established in calendar year 2005 or earlier will be assigned an initial cost value equal to the market value of those holdings as of the last business day of 2005. Thereafter, the cost value of such accounts will increase or decrease according to actual investments or withdrawals. You must contact your financial advisor or American Funds Service Company if you have additional information that is relevant to the calculation of the value of your holdings.
When determining your American Funds Class A sales charge, if your investment is not in an employer-sponsored retirement plan, you may also continue to take into account the market value (as of the day prior to your American Funds investment) of your individual holdings in various American Legacy variable annuity contracts and variable life insurance policies that were established on or before March 31, 2007. An employer-sponsored retirement plan may also continue to take into account the market value of its investments in American Legacy Retirement Investment Plans that were established on or before March 31, 2007.
You may not purchase Class C shares of American High-Income Municipal Bond Fund or American Funds Tax-Exempt Fund of New York if such combined American Funds and
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American Funds Legacy holdings cause you to be eligible to purchase Class A shares at the $1 million or more sales charge discount rate (i.e. at net asset value).
If you make a gift of American Funds Class A shares, upon your request, you may purchase the shares at the sales charge discount allowed under rights of accumulation of all of your American Funds and applicable American Legacy accounts.
CDSC waivers for Class A, B and C shares As noted in the prospectus, a contingent deferred sales charge (CDSC) may be waived for redemptions due to death or post-purchase disability of a shareholder (this generally excludes accounts registered in the names of trusts and other entities). In the case of joint tenant accounts, if one joint tenant dies, a surviving joint tenant, at the time he or she notifies the Transfer Agent of the other joint tenants death and removes the decedents name from the account, may redeem shares from the account without incurring a CDSC. Redemptions made after the Transfer Agent is notified of the death of a joint tenant will be subject to a CDSC.
In addition, a CDSC may be waived for the following types of transactions, if they do not exceed 12% of the value of an account (defined below) annually (the 12% limit):
· Required minimum distributions taken from retirement accounts upon the shareholders attainment of age 70½ (required minimum distributions that continue to be taken by the beneficiary(ies) after the account owner is deceased also qualify for a waiver).
· Redemptions through an automatic withdrawal plan (AWP) (see Automatic withdrawals under Shareholder account services and privileges in this statement of additional information). For each AWP payment, assets that are not subject to a CDSC, such as shares acquired through reinvestment of dividends and/or capital gain distributions, will be redeemed first and will count toward the 12% limit. If there is an insufficient amount of assets not subject to a CDSC to cover a particular AWP payment, shares subject to the lowest CDSC will be redeemed next until the 12% limit is reached. Any dividends and/or capital gain distributions taken in cash by a shareholder who receives payments through an AWP will also count toward the 12% limit. In the case of an AWP, the 12% limit is calculated at the time an automatic redemption is first made, and is recalculated at the time each additional automatic redemption is made. Shareholders who establish an AWP should be aware that the amount of a payment not subject to a CDSC may vary over time depending on fluctuations in the value of their accounts. This privilege may be revised or terminated at any time.
For purposes of this paragraph, account means your investment in the applicable class of shares of the particular fund from which you are making the redemption.
Pursuant to a determination of eligibility by a vice president or more senior officer of the Capital Research and Management Company Fund Administration Unit, or by his or her designee, the CDSC on Class A shares of the American Funds may be waived for bulk conversions to another share class in cases where the funds transfer agent determines the benefit to the fund of collecting the CDSC would be outweighed by the cost of applying it.
CDSC waivers are allowed only in the cases listed here and in the prospectus.
Other sales charge waivers – Sales charges (including contingent deferred sales charges) may be waived pursuant to a determination of eligibility by a vice president or more senior officer of the Capital Research and Management Company Fund Business Management Group, or by his or her designee, for transactions requested by financial intermediaries as a result of pending or anticipated regulatory matters that require investor accounts to be moved to a different share class.
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Selling shares
The methods for selling (redeeming) shares are described more fully in the prospectus. If you wish to sell your shares by contacting American Funds Service Company directly, any such request must be signed by the registered shareholders. To contact American Funds Service Company via overnight mail or courier service, see Purchase and exchange of shares.
A signature guarantee may be required for certain redemptions. In such an event, your signature may be guaranteed by a domestic stock exchange or the Financial Industry Regulatory Authority, bank, savings association or credit union that is an eligible guarantor institution. The Transfer Agent reserves the right to require a signature guarantee on any redemptions.
Additional documentation may be required for sales of shares held in corporate, partnership or fiduciary accounts. You must include with your written request any shares you wish to sell that are in certificate form.
If you sell Class A, B or C shares and request a specific dollar amount to be sold, we will sell sufficient shares so that the sale proceeds, after deducting any applicable CDSC, equals the dollar amount requested.
If you hold multiple American Funds and a CDSC applies to the shares you are redeeming, the CDSC will be calculated based on the applicable class of shares of the particular fund from which you are making the redemption.
Redemption proceeds will not be mailed until sufficient time has passed to provide reasonable assurance that checks or drafts (including certified or cashiers checks) for shares purchased have cleared (which may take up to 10 business days from the purchase date). Except for delays relating to clearance of checks for share purchases or in extraordinary circumstances (and as permissible under the 1940 Act), sale proceeds will be paid on or before the seventh day following receipt and acceptance of an order. Interest will not accrue or be paid on amounts that represent uncashed distribution or redemption checks.
You may request that redemption proceeds of $1,000 or more from American Funds U.S. Government Money Market Fund be wired to your bank by writing American Funds Service Company. A signature guarantee is required on all requests to wire funds.
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Shareholder account services and privileges
The following services and privileges are generally available to all shareholders. However, certain services and privileges described in the prospectus and this statement of additional information may not be available if your account is held with an investment dealer.
Automatic investment plan An automatic investment plan enables you to make monthly or quarterly investments in the American Funds through automatic debits from your bank account. To set up a plan, you must fill out an account application and specify the amount that you would like to invest and the date on which you would like your investments to occur. The plan will begin within 30 days after your account application is received. Your bank account will be debited on the day or a few days before your investment is made, depending on the banks capabilities. The Transfer Agent will then invest your money into the fund you specified on or around the date you specified. If the date you specified falls on a weekend or holiday, your money will be invested on the following business day. However, if the following business day falls in the next month, your money will be invested on the business day immediately preceding the weekend or holiday. If your bank account cannot be debited due to insufficient funds, a stop-payment or the closing of the account, the plan may be terminated and the related investment reversed. You may change the amount of the investment or discontinue the plan at any time by contacting the Transfer Agent.
Automatic reinvestment Dividends and capital gain distributions are reinvested in additional shares of the same class and fund at net asset value unless you indicate otherwise on the account application. You also may elect to have dividends and/or capital gain distributions paid in cash by informing the fund, the Transfer Agent or your investment dealer.
If you have elected to receive dividends and/or capital gain distributions in cash, and the postal or other delivery service is unable to deliver checks to your address of record, or you do not respond to mailings from American Funds Service Company with regard to uncashed distribution checks, your distribution option may be automatically converted to having all dividends and other distributions reinvested in additional shares.
Cross-reinvestment of dividends and distributions You may cross-reinvest dividends and capital gains (distributions) into other American Funds in the same share class at net asset value, subject to the following conditions:
(1) the aggregate value of your account(s) in the fund(s) paying distributions equals or exceeds $5,000 (this is waived if the value of the account in the fund receiving the distributions equals or exceeds that funds minimum initial investment requirement);
(2) if the value of the account of the fund receiving distributions is below the minimum initial investment requirement, distributions must be automatically reinvested; and
(3) if you discontinue the cross-reinvestment of distributions, the value of the account of the fund receiving distributions must equal or exceed the minimum initial investment requirement. If you do not meet this requirement within 90 days of notification, the fund has the right to automatically redeem the account.
Depending on the financial intermediary holding your account, your reinvestment privileges may be unavailable or differ from those described in this statement of additional information. Investors should consult their financial intermediary for further information.
Tax-exempt income funds Page 83
Automatic exchanges For all share classes, you may automatically exchange shares of the same class in amounts of $50 or more among any of the American Funds on any day (or preceding business day if the day falls on a nonbusiness day) of each month you designate.
Automatic withdrawals Depending on the type of account, for all share classes except R shares, you may automatically withdraw shares from any of the American Funds. You can make automatic withdrawals of $50 or more. You can designate the day of each period for withdrawals and request that checks be sent to you or someone else. Withdrawals may also be electronically deposited to your bank account. The Transfer Agent will withdraw your money from the fund you specify on or around the date you specify. If the date you specified falls on a weekend or holiday, the redemption will take place on the previous business day. However, if the previous business day falls in the preceding month, the redemption will take place on the following business day after the weekend or holiday. You should consult with your advisor or intermediary to determine if your account is eligible for automatic withdrawals.
Withdrawal payments are not to be considered as dividends, yield or income. Generally, automatic investments may not be made into a shareholder account from which there are automatic withdrawals. Withdrawals of amounts exceeding reinvested dividends and distributions and increases in share value would reduce the aggregate value of the shareholders account. The Transfer Agent arranges for the redemption by the fund of sufficient shares, deposited by the shareholder with the Transfer Agent, to provide the withdrawal payment specified.
Redemption proceeds from an automatic withdrawal plan are not eligible for reinvestment without a sales charge.
Account statements Your account is opened in accordance with your registration instructions. Transactions in the account, such as additional investments, will be reflected on regular confirmation statements from the Transfer Agent. Dividend and capital gain reinvestments, purchases through automatic investment plans and certain retirement plans, as well as automatic exchanges and withdrawals, will be confirmed at least quarterly.
American FundsLine and americanfunds.com You may check your share balance, the price of your shares or your most recent account transaction; redeem shares (up to $125,000 per American Funds shareholder each day) from nonretirement plan accounts; or exchange shares around the clock with American FundsLine or using americanfunds.com. To use American FundsLine, call (800) 325-3590 from a TouchTone telephone. Redemptions and exchanges through American FundsLine and americanfunds.com are subject to the conditions noted above and in Telephone and Internet purchases, redemptions and exchanges below. You will need your fund number (see the list of the American Funds under the General information fund numbers section in this statement of additional information), personal identification number (generally the last four digits of your Social Security number or other tax identification number associated with your account) and account number.
Generally, all shareholders are automatically eligible to use these services. However, if you are not currently authorized to do so, you may complete an American FundsLink Authorization Form. Once you establish this privilege, you, your financial advisor or any person with your account information may use these services.
Telephone and Internet purchases, redemptions and exchanges By using the telephone (including American FundsLine) or the Internet (including americanfunds.com), or fax purchase, redemption and/or exchange options, you agree to hold the fund, the Transfer Agent, any of its affiliates or mutual funds managed by such affiliates, and each of their respective directors, trustees, officers, employees and agents harmless from any losses, expenses, costs or liabilities (including attorney fees) that may be incurred in connection with the exercise of these privileges. Generally, all shareholders are
Tax-exempt income funds Page 84
automatically eligible to use these services. However, you may elect to opt out of these services by writing the Transfer Agent (you may also reinstate them at any time by writing the Transfer Agent). If the Transfer Agent does not employ reasonable procedures to confirm that the instructions received from any person with appropriate account information are genuine, it and/or the fund may be liable for losses due to unauthorized or fraudulent instructions. In the event that shareholders are unable to reach the fund by telephone because of technical difficulties, market conditions or a natural disaster, redemption and exchange requests may be made in writing only.
Checkwriting You may establish check writing privileges for Class A shares (but not Class 529-A shares) of American Funds U.S. Government Money Market Fund upon meeting the funds initial purchase minimum of $1,000. This can be done by using an account application. If you request check writing privileges, you will be provided with checks that you may use to draw against your account. These checks may be made payable to anyone you designate and must be signed by the authorized number of registered shareholders exactly as indicated on your account application.
Redemption of shares The funds declaration of trust permits the fund to direct the Transfer Agent to redeem the shares of any shareholder for their then current net asset value per share if at such time the shareholder of record owns shares having an aggregate net asset value of less than the minimum initial investment amount required of new shareholders as set forth in the funds current registration statement under the 1940 Act, and subject to such further terms and conditions as the board of trustees of the fund may from time to time adopt.
While payment of redemptions normally will be in cash, the funds declaration of trust permits payment of the redemption price wholly or partly with portfolio securities or other fund assets under conditions and circumstances determined by the funds board of trustees. For example, redemptions could be made in this manner if the board determined that making payments wholly in cash over a particular period would be unfair and/or harmful to other fund shareholders.
Share certificates Shares are credited to your account. The fund does not issue share certificates.
Tax-exempt income funds Page 85
General information
Custodian of assets Securities and cash owned by the fund, including proceeds from the sale of shares of the fund and of securities in the funds portfolios, are held by JP Morgan Chase Bank N.A., 270 Park Avenue, New York, NY 10017-2070 for STEX, LTEX, TEBF, AHIM and TEFCA, and by Bank of New York Mellon, One Wall Street, New York, NY 10286 for TEFNY, as custodian. If the fund holds securities of issuers outside the U.S., the custodian may hold these securities pursuant to subcustodial arrangements in banks outside the U.S. or branches of U.S. banks outside the U.S.
Transfer agent services American Funds Service Company, a wholly owned subsidiary of the investment adviser, maintains the records of shareholder accounts, processes purchases and redemptions of the funds shares, acts as dividend and capital gain distribution disbursing agent, and performs other related shareholder service functions. The principal office of American Funds Service Company is located at 6455 Irvine Center Drive, Irvine, CA 92618. Transfer agent fees are paid according to a fee schedule, based principally on the number of accounts serviced, contained in a Shareholder Services Agreement between the fund and American Funds Service Company.
In the case of certain shareholder accounts, third parties who may be unaffiliated with the investment adviser provide transfer agency and shareholder services in place of American Funds Service Company. These services are rendered under agreements with American Funds Service Company or its affiliates and the third parties receive compensation according to such agreements. Compensation for transfer agency and shareholder services, whether paid to American Funds Service Company or such third parties, is ultimately paid from fund assets and is reflected in the expenses of the fund as disclosed in the prospectus.
During the 2016 fiscal year, transfer agent fees, gross of any payments made by American Funds Service Company to third parties, were:
Transfer agent fee | ||
STEX | Class A | $ 216,000 |
Class F-1 | 13,000 | |
Class F-2 | 77,000 | |
LTEX | Class A | 877,000 |
Class B | * | |
Class C | 9,000 | |
Class F-1 | 101,000 | |
Class F-2 | 251,000 | |
Class R-6 | * | |
TEBF | Class A | 2,621,000 |
Class B | 2,000 | |
Class C | 130,000 | |
Class F-1 | 1,605,000 | |
Class F-2 | 1,741,000 | |
Class R-6 | * |
Tax-exempt income funds Page 86
Transfer agent fee | ||
AHIM | Class A | $1,490,000 |
Class B | 1,000 | |
Class C | 103,000 | |
Class F-1 | 271,000 | |
Class F-2 | 504,000 | |
Class R-6 | * | |
TEFCA | Class A | 329,000 |
Class B | * | |
Class C | 19,000 | |
Class F-1 | 78,000 | |
Class F-2 | 173,000 | |
TEFNY | Class A | 47,000 |
Class B | * | |
Class C | 4,000 | |
Class F-1 | 1,000 | |
Class F-2 | 26,000 |
* Amount less than $1,000.
Independent registered public accounting firm PricewaterhouseCoopers LLP, 601 South Figueroa Street, Los Angeles, CA 90017, serves as the funds independent registered public accounting firm, providing audit services, preparation of tax returns and review of certain documents to be filed with the SEC. The financial statements of each fund included in this statement of additional information from the annual report have been audited by PricewaterhouseCoopers LLP, an independent registered public accounting firm, as stated in their report appearing herein. Such financial statements have been so included in reliance upon the respective reports of such firms given upon their authority as experts in accounting and auditing.
Independent legal counsel Morgan, Lewis & Bockius LLP, 300 South Grand Avenue, 22nd Floor, Los Angeles, CA 90071, serves as independent legal counsel (counsel) for the fund and for independent trustees in their capacities as such. A determination with respect to the independence of the funds counsel will be made at least annually by the independent trustees of the fund, as prescribed by applicable 1940 Act rules.
Prospectuses, reports to shareholders and proxy statements The funds fiscal year ends on July 31. Shareholders are provided updated summary prospectuses annually and at least semi-annually with reports showing the funds investment portfolio or summary investment portfolio, financial statements and other information. Shareholders may request a copy of the funds current prospectus at no cost by calling (800) 421-4225 or by sending an email request to prospectus@americanfunds.com. Shareholders may also access the funds current summary prospectus, prospectus, statement of additional information and shareholder reports at americanfunds.com/prospectus. The annual financial statements for each fund are audited by the funds independent registered public accounting firm, PricewaterhouseCoopers LLP. In addition, shareholders may also receive proxy statements for the fund. In an effort to reduce the volume of mail shareholders receive from the fund when a household owns more than one account, the Transfer Agent has taken steps to eliminate duplicate mailings of summary prospectuses, shareholder reports and proxy statements. To receive additional copies of a summary prospectus, report or proxy statement, shareholders should contact the Transfer Agent.
Tax-exempt income funds Page 87
Shareholders may also elect to receive updated summary prospectuses, annual reports and semi-annual reports electronically by signing up for electronic delivery on our website, americanfunds.com. Upon electing the electronic delivery of updated summary prospectuses and other reports, a shareholder will no longer automatically receive such documents in paper form by mail. A shareholder who elects electronic delivery is able to cancel this service at any time and return to receiving updated summary prospectuses and other reports in paper form by mail.
Summary prospectuses, prospectuses, annual reports and semi-annual reports that are mailed to shareholders by the American Funds organization are printed with ink containing soy and/or vegetable oil on paper containing recycled fibers.
Codes of ethics The fund and Capital Research and Management Company and its affiliated companies, including the funds Principal Underwriter, have adopted codes of ethics that allow for personal investments, including securities in which the fund may invest from time to time. These codes include a ban on acquisitions of securities pursuant to an initial public offering; restrictions on acquisitions of private placement securities; preclearance and reporting requirements; review of duplicate confirmation statements; annual recertification of compliance with codes of ethics; blackout periods on personal investing for certain investment personnel; ban on short-term trading profits for investment personnel; limitations on service as a director of publicly traded companies; disclosure of personal securities transactions; and policies regarding political contributions.
Tax-exempt income funds Page 88
American Funds Short-Term Tax-Exempt Bond Fund
Determination of net asset value, redemption price and maximum offering price per share for Class A shares July 31, 2016
Net asset value
and redemption price per share (Net assets divided by shares outstanding) |
$10.22 |
Maximum offering price per share (100/97.50 of net asset value per share, which takes into account the funds current maximum sales charge) | $10.48 |
Limited Term Tax-Exempt Bond Fund of America
Determination of net asset value, redemption price and maximum offering price per share for Class A shares July 31, 2016
Net asset value
and redemption price per share (Net assets divided by shares outstanding) |
$16.04 |
Maximum offering price per share (100/97.50 of net asset value per share, which takes into account the funds current maximum sales charge) | $16.45 |
The Tax-Exempt Bond Fund of America
Determination of net asset value, redemption price and maximum offering price per share for Class A shares July 31, 2016
Net asset value
and redemption price per share (Net assets divided by shares outstanding) |
$13.40 |
Maximum offering price per share (100/96.25 of net asset value per share, which takes into account the funds current maximum sales charge) | $13.92 |
American High-Income Municipal Bond Fund
Determination of net asset value, redemption price and maximum offering price per share for Class A shares July 31, 2016
Net asset value
and redemption price per share (Net assets divided by shares outstanding) |
$16.21 |
Maximum offering price per share (100/96.25 of net asset value per share, which takes into account the funds current maximum sales charge) | $16.84 |
Tax-exempt income funds Page 89
The Tax-Exempt Fund of California
Determination of net asset value, redemption price and maximum offering price per share for Class A shares July 31, 2016
Net asset value
and redemption price per share (Net assets divided by shares outstanding) |
$18.21 |
Maximum offering price per share (100/96.25 of net asset value per share, which takes into account the funds current maximum sales charge) | $18.92 |
American Funds Tax-Exempt Fund of New York
Determination of net asset value, redemption price and maximum offering price per share for Class A shares July 31, 2016
Net asset value
and redemption price per share (Net assets divided by shares outstanding) |
$11.12 |
Maximum offering price per share (100/96.25 of net asset value per share, which takes into account the funds current maximum sales charge) | $11.55 |
Other information The fund reserves the right to modify the privileges described in this statement of additional information at any time.
The funds financial statements, including the investment portfolio and the reports of the funds independent registered public accounting firms contained in the annual reports, are included in this statement of additional information.
Tax-exempt income funds Page 90
Fund numbers Here are the fund numbers for use with our automated telephone line, American FundsLine®, or when making share transactions:
Fund numbers | |||||
Fund | Class A | Class B | Class C | Class F-1 | Class F-2 |
Stock and stock/fixed income funds | |||||
AMCAP Fund® | 002 | 202 | 302 | 402 | 602 |
American Balanced Fund® | 011 | 211 | 311 | 411 | 611 |
American Funds Developing World Growth and Income FundSM | 30100 | 32100 | 33100 | 34100 | 36100 |
American Funds Global Balanced FundSM | 037 | 237 | 337 | 437 | 637 |
American Mutual Fund® | 003 | 203 | 303 | 403 | 603 |
Capital Income Builder® | 012 | 212 | 312 | 412 | 612 |
Capital World Growth and Income Fund® | 033 | 233 | 333 | 433 | 633 |
EuroPacific Growth Fund® | 016 | 216 | 316 | 416 | 616 |
Fundamental Investors® | 010 | 210 | 310 | 410 | 610 |
The Growth Fund of America® | 005 | 205 | 305 | 405 | 605 |
The Income Fund of America® | 006 | 206 | 306 | 406 | 606 |
International Growth and Income FundSM | 034 | 234 | 334 | 434 | 634 |
The Investment Company of America® | 004 | 204 | 304 | 404 | 604 |
The New Economy Fund® | 014 | 214 | 314 | 414 | 614 |
New Perspective Fund® | 007 | 207 | 307 | 407 | 607 |
New World Fund® | 036 | 236 | 336 | 436 | 636 |
SMALLCAP World Fund® | 035 | 235 | 335 | 435 | 635 |
Washington Mutual Investors FundSM | 001 | 201 | 301 | 401 | 601 |
Fixed income funds | |||||
American Funds Emerging Markets Bond Fund SM | 30114 | 32114 | 33114 | 34114 | 36114 |
American Funds Corporate Bond Fund SM | 032 | 232 | 332 | 432 | 632 |
American Funds Inflation Linked Bond Fund® | 060 | 260 | 360 | 460 | 660 |
American Funds Mortgage Fund® | 042 | 242 | 342 | 442 | 642 |
American
Funds Short-Term Tax-Exempt Bond Fund® |
039 | N/A | N/A | 439 | 639 |
American Funds Strategic Bond FundSM | 30112 | 32112 | 33112 | 34112 | 36112 |
American
Funds Tax-Exempt Fund of New York® |
041 | 241 | 341 | 441 | 641 |
American High-Income Municipal Bond Fund® | 040 | 240 | 340 | 440 | 640 |
American High-Income Trust® | 021 | 221 | 321 | 421 | 621 |
The Bond Fund of America® | 008 | 208 | 308 | 408 | 608 |
Capital World Bond Fund® | 031 | 231 | 331 | 431 | 631 |
Intermediate Bond Fund of America® | 023 | 223 | 323 | 423 | 623 |
Limited
Term Tax-Exempt Bond Fund of America® |
043 | 243 | 343 | 443 | 643 |
Short-Term Bond Fund of America® | 048 | 248 | 348 | 448 | 648 |
The Tax-Exempt Bond Fund of America® | 019 | 219 | 319 | 419 | 619 |
The Tax-Exempt Fund of California® | 020 | 220 | 320 | 420 | 620 |
U.S. Government Securities Fund® | 022 | 222 | 322 | 422 | 622 |
Money market fund | |||||
American
Funds U.S. Government Money Market FundSM |
059 | 259 | 359 | 459 | 659 |
Tax-exempt income funds Page 91
Fund numbers | |||||
Fund | Class
529-A |
Class
529-B |
Class
529-C |
Class
529-E |
Class
529-F-1 |
Stock and stock/fixed income funds | |||||
AMCAP Fund | 1002 | 1202 | 1302 | 1502 | 1402 |
American Balanced Fund | 1011 | 1211 | 1311 | 1511 | 1411 |
American Funds Developing World Growth and Income Fund | 10100 | 12100 | 13100 | 15100 | 14100 |
American Funds Global Balanced Fund | 1037 | 1237 | 1337 | 1537 | 1437 |
American Mutual Fund | 1003 | 1203 | 1303 | 1503 | 1403 |
Capital Income Builder | 1012 | 1212 | 1312 | 1512 | 1412 |
Capital World Growth and Income Fund | 1033 | 1233 | 1333 | 1533 | 1433 |
EuroPacific Growth Fund | 1016 | 1216 | 1316 | 1516 | 1416 |
Fundamental Investors | 1010 | 1210 | 1310 | 1510 | 1410 |
The Growth Fund of America | 1005 | 1205 | 1305 | 1505 | 1405 |
The Income Fund of America | 1006 | 1206 | 1306 | 1506 | 1406 |
International Growth and Income Fund | 1034 | 1234 | 1334 | 1534 | 1434 |
The Investment Company of America | 1004 | 1204 | 1304 | 1504 | 1404 |
The New Economy Fund | 1014 | 1214 | 1314 | 1514 | 1414 |
New Perspective Fund | 1007 | 1207 | 1307 | 1507 | 1407 |
New World Fund | 1036 | 1236 | 1336 | 1536 | 1436 |
SMALLCAP World Fund | 1035 | 1235 | 1335 | 1535 | 1435 |
Washington Mutual Investors Fund | 1001 | 1201 | 1301 | 1501 | 1401 |
Fixed income funds | |||||
American Funds Emerging Markets Bond Fund | 10114 | 12114 | 13114 | 15114 | 14114 |
American Funds Corporate Bond Fund | 1032 | 1232 | 1332 | 1532 | 1432 |
American Funds Inflation Linked Bond Fund | 1060 | 1260 | 1360 | 1560 | 1460 |
American Funds Mortgage Fund | 1042 | 1242 | 1342 | 1542 | 1442 |
American Funds Strategic Bond Fund | 10112 | 12112 | 13112 | 15112 | 14112 |
American High-Income Trust | 1021 | 1221 | 1321 | 1521 | 1421 |
The Bond Fund of America | 1008 | 1208 | 1308 | 1508 | 1408 |
Capital World Bond Fund | 1031 | 1231 | 1331 | 1531 | 1431 |
Intermediate Bond Fund of America | 1023 | 1223 | 1323 | 1523 | 1423 |
Short-Term Bond Fund of America | 1048 | 1248 | 1348 | 1548 | 1448 |
U.S. Government Securities Fund | 1022 | 1222 | 1322 | 1522 | 1422 |
Money market fund | |||||
American
Funds U.S. Government Money Market Fund |
1059 | 1259 | 1359 | 1559 | 1459 |
Tax-exempt income funds Page 92
Fund numbers | ||||||||
Fund | Class R-1 |
Class R-2 |
Class R-2E |
Class R-3 |
Class R-4 |
Class R-5E |
Class R-5 |
Class R-6 |
Stock and stock/fixed income funds | ||||||||
AMCAP Fund | 2102 | 2202 | 4102 | 2302 | 2402 | 2702 | 2502 | 2602 |
American Balanced Fund | 2111 | 2211 | 4111 | 2311 | 2411 | 2711 | 2511 | 2611 |
American Funds Developing World Growth and Income Fund | 21100 | 22100 | 41100 | 23100 | 24100 | 27100 | 25100 | 26100 |
American Funds Global Balanced Fund | 2137 | 2237 | 4137 | 2337 | 2437 | 2737 | 2537 | 2637 |
American Mutual Fund | 2103 | 2203 | 4103 | 2303 | 2403 | 2703 | 2503 | 2603 |
Capital Income Builder | 2112 | 2212 | 4112 | 2312 | 2412 | 2712 | 2512 | 2612 |
Capital World Growth and Income Fund | 2133 | 2233 | 4133 | 2333 | 2433 | 2733 | 2533 | 2633 |
EuroPacific Growth Fund | 2116 | 2216 | 4116 | 2316 | 2416 | 2716 | 2516 | 2616 |
Fundamental Investors | 2110 | 2210 | 4110 | 2310 | 2410 | 2710 | 2510 | 2610 |
The Growth Fund of America | 2105 | 2205 | 4105 | 2305 | 2405 | 2705 | 2505 | 2605 |
The Income Fund of America | 2106 | 2206 | 4106 | 2306 | 2406 | 2706 | 2506 | 2606 |
International Growth and Income Fund | 2134 | 2234 | 41034 | 2334 | 2434 | 27034 | 2534 | 2634 |
The Investment Company of America | 2104 | 2204 | 4104 | 2304 | 2404 | 2704 | 2504 | 2604 |
The New Economy Fund | 2114 | 2214 | 4114 | 2314 | 2414 | 2714 | 2514 | 2614 |
New Perspective Fund | 2107 | 2207 | 4107 | 2307 | 2407 | 2707 | 2507 | 2607 |
New World Fund | 2136 | 2236 | 4136 | 2336 | 2436 | 2736 | 2536 | 2636 |
SMALLCAP World Fund | 2135 | 2235 | 4135 | 2335 | 2435 | 2735 | 2535 | 2635 |
Washington Mutual Investors Fund | 2101 | 2201 | 4101 | 2301 | 2401 | 2701 | 2501 | 2601 |
Fixed income funds | ||||||||
American Funds Emerging Markets Bond Fund | 21114 | 22114 | 41114 | 23114 | 24114 | 27114 | 25114 | 26114 |
American Funds Corporate Bond Fund | 2132 | 2232 | 4132 | 2332 | 2432 | 2732 | 2532 | 2632 |
American Funds Inflation Linked Bond Fund | 2160 | 2260 | 4160 | 2360 | 2460 | 2760 | 2560 | 2660 |
American Funds Mortgage Fund | 2142 | 2242 | 4142 | 2342 | 2442 | 2742 | 2542 | 2642 |
American Funds Strategic Bond Fund | 21112 | 22112 | 41112 | 23112 | 24112 | 27112 | 25112 | 26112 |
American High-Income Trust | 2121 | 2221 | 4121 | 2321 | 2421 | 2721 | 2521 | 2621 |
The Bond Fund of America | 2108 | 2208 | 4108 | 2308 | 2408 | 2708 | 2508 | 2608 |
Capital World Bond Fund | 2131 | 2231 | 4131 | 2331 | 2431 | 2731 | 2531 | 2631 |
Intermediate Bond Fund of America | 2123 | 2223 | 4123 | 2323 | 2423 | 2723 | 2523 | 2623 |
Short-Term Bond Fund of America | 2148 | 2248 | 4148 | 2348 | 2448 | 2748 | 2548 | 2648 |
U.S. Government Securities Fund | 2122 | 2222 | 4122 | 2322 | 2422 | 2722 | 2522 | 2622 |
Money market fund | ||||||||
American
Funds U.S. Government Money Market Fund |
2159 | 2259 | 4159 | 2359 | 2459 | 2759 | 2559 | 2659 |
Tax-exempt income funds Page 93
Fund numbers | |||||
Fund | Class A | Class B | Class C | Class F-1 | Class F-2 |
American Funds Target Date Retirement Series® | |||||
American Funds 2060 Target Date Retirement Fund® | 083 | 283 | 383 | 483 | 683 |
American Funds 2055 Target Date Retirement Fund® | 082 | 282 | 382 | 482 | 682 |
American Funds 2050 Target Date Retirement Fund® | 069 | 269 | 369 | 469 | 669 |
American Funds 2045 Target Date Retirement Fund® | 068 | 268 | 368 | 468 | 668 |
American Funds 2040 Target Date Retirement Fund® | 067 | 267 | 367 | 467 | 667 |
American Funds 2035 Target Date Retirement Fund® | 066 | 266 | 366 | 466 | 36066 |
American Funds 2030 Target Date Retirement Fund® | 065 | 265 | 365 | 465 | 665 |
American Funds 2025 Target Date Retirement Fund® | 064 | 264 | 364 | 464 | 664 |
American Funds 2020 Target Date Retirement Fund® | 063 | 263 | 363 | 463 | 663 |
American Funds 2015 Target Date Retirement Fund® | 062 | 262 | 362 | 462 | 662 |
American Funds 2010 Target Date Retirement Fund® | 061 | 261 | 361 | 461 | 661 |
Fund numbers | ||||||||
Fund | Class R-1 |
Class R-2 |
Class R-2E |
Class R-3 |
Class R-4 |
Class R-5E |
Class R-5 |
Class R-6 |
American Funds Target Date Retirement Series® | ||||||||
American
Funds 2060 Target Date Retirement Fund® |
2183 | 2283 | 4183 | 2383 | 2483 | 2783 | 2583 | 2683 |
American
Funds 2055 Target Date Retirement Fund® |
2182 | 2282 | 4182 | 2382 | 2482 | 2782 | 2582 | 2682 |
American
Funds 2050 Target Date Retirement Fund® |
2169 | 2269 | 4169 | 2369 | 2469 | 2769 | 2569 | 2669 |
American
Funds 2045 Target Date Retirement Fund® |
2168 | 2268 | 4168 | 2368 | 2468 | 2768 | 2568 | 2668 |
American
Funds 2040 Target Date Retirement Fund® |
2167 | 2267 | 4167 | 2367 | 2467 | 2767 | 2567 | 2667 |
American
Funds 2035 Target Date Retirement Fund® |
2166 | 2266 | 4166 | 2366 | 2466 | 2766 | 2566 | 2666 |
American
Funds 2030 Target Date Retirement Fund® |
2165 | 2265 | 4165 | 2365 | 2465 | 2765 | 2565 | 2665 |
American
Funds 2025 Target Date Retirement Fund® |
2164 | 2264 | 4164 | 2364 | 2464 | 2764 | 2564 | 2664 |
American
Funds 2020 Target Date Retirement Fund® |
2163 | 2263 | 4163 | 2363 | 2463 | 2763 | 2563 | 2663 |
American
Funds 2015 Target Date Retirement Fund® |
2162 | 2262 | 4162 | 2362 | 2462 | 2762 | 2562 | 2662 |
American
Funds 2010 Target Date Retirement Fund® |
2161 | 2261 | 4161 | 2361 | 2461 | 2761 | 2561 | 2661 |
Fund numbers | |||||
Fund | Class
529-A |
Class
529-B |
Class
529-C |
Class
529-E |
Class
529-F-1 |
American Funds College Target Date Series® | |||||
American Funds College 2033 Fund® | 10103 | 12103 | 13103 | 15103 | 14103 |
American Funds College 2030 Fund® | 1094 | 1294 | 1394 | 1594 | 1494 |
American Funds College 2027 Fund® | 1093 | 1293 | 1393 | 1593 | 1493 |
American Funds College 2024 Fund® | 1092 | 1292 | 1392 | 1592 | 1492 |
American Funds College 2021 Fund® | 1091 | 1291 | 1391 | 1591 | 1491 |
American Funds College 2018 Fund® | 1090 | 1290 | 1390 | 1590 | 1490 |
American Funds College Enrollment Fund® | 1088 | 1288 | 1388 | 1588 | 1488 |
Tax-exempt income funds Page 94
Fund numbers | |||||||||||||
Fund | Class A | Class B | Class C | Class F-1 | Class F-2 | ||||||||
American Funds Portfolio SeriesSM | |||||||||||||
American Funds Global Growth PortfolioSM | 055 | 255 | 355 | 455 | 655 | ||||||||
American Funds Growth PortfolioSM | 053 | 253 | 353 | 453 | 653 | ||||||||
American Funds Growth and Income PortfolioSM | 051 | 251 | 351 | 451 | 651 | ||||||||
American Funds Balanced PortfolioSM | 050 | 250 | 350 | 450 | 650 | ||||||||
American Funds Income PortfolioSM | 047 | 247 | 347 | 447 | 647 | ||||||||
American Funds Tax-Advantaged Income PortfolioSM | 046 | 246 | 346 | 446 | 646 | ||||||||
American Funds Preservation PortfolioSM | 045 | 245 | 345 | 445 | 645 | ||||||||
American Funds Tax-Exempt Preservation PortfolioSM | 044 | 244 | 344 | 444 | 644 | ||||||||
Class 529-A |
Class 529-B |
Class 529-C |
Class 529-E |
Class 529-F-1 | |||||||||
American Funds Global Growth Portfolio | 1055 | 1255 | 1355 | 1555 | 1455 | ||||||||
American Funds Growth Portfolio | 1053 | 1253 | 1353 | 1553 | 1453 | ||||||||
American Funds Growth and Income Portfolio | 1051 | 1251 | 1351 | 1551 | 1451 | ||||||||
American Funds Balanced Portfolio | 1050 | 1250 | 1350 | 1550 | 1450 | ||||||||
American Funds Income Portfolio | 1047 | 1247 | 1347 | 1547 | 1447 | ||||||||
American Funds Tax-Advantaged Income Portfolio | N/A | N/A | N/A | N/A | N/A | ||||||||
American Funds Preservation Portfolio | 1045 | 1245 | 1345 | 1545 | 1445 | ||||||||
American Funds Tax-Exempt Preservation Portfolio | N/A | N/A | N/A | N/A | N/A | ||||||||
Class R-1 |
Class R-2 |
Class R-2E |
Class R-3 |
Class R-4 |
Class R-5E |
Class R-5 |
Class R-6 | ||||||
American Funds Global Growth Portfolio | 2155 | 2255 | 4155 | 2355 | 2455 | 2755 | 2555 | 2655 | |||||
American Funds Growth Portfolio | 2153 | 2253 | 4153 | 2353 | 2453 | 2753 | 2553 | 2653 | |||||
American Funds Growth and Income Portfolio | 2151 | 2251 | 4151 | 2351 | 2451 | 2751 | 2551 | 2651 | |||||
American Funds Balanced Portfolio | 2150 | 2250 | 4150 | 2350 | 2450 | 2750 | 2550 | 2650 | |||||
American Funds Income Portfolio | 2147 | 2247 | 4147 | 2347 | 2447 | 2747 | 2547 | 2647 | |||||
American Funds Tax-Advantaged Income Portfolio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||
American Funds Preservation Portfolio | 2145 | 2245 | 4145 | 2345 | 2445 | 2745 | 2545 | 2645 | |||||
American Funds Tax-Exempt Preservation Portfolio | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Tax-exempt income funds Page 95
Fund numbers | ||||||||||||
Fund | Class A | Class B | Class C | Class F-1 | Class F-2 | |||||||
American Funds Retirement Income Portfolio SeriesSM | ||||||||||||
American Funds Retirement Income Portfolio ConservativeSM | 30109 | 32109 | 33109 | 34109 | 36109 | |||||||
American Funds Retirement Income Portfolio ModerateSM | 30110 | 32110 | 33110 | 34110 | 36110 | |||||||
American Funds Retirement Income Portfolio EnhancedSM | 30111 | 32111 | 33111 | 34111 | 36111 | |||||||
Class R-1 |
Class R-2 |
Class R-2E |
Class R-3 |
Class R-4 |
Class R-5E |
Class R-5 |
Class R-6 | |||||
American Funds Retirement Income Portfolio Conservative | 21109 | 22109 | 41109 | 23109 | 24109 | 27109 | 25109 | 26109 | ||||
American Funds Retirement Income Portfolio Moderate | 21110 | 22110 | 41110 | 23110 | 24110 | 27110 | 25110 | 26110 | ||||
American Funds Retirement Income Portfolio Enhanced | 21111 | 22111 | 41111 | 23111 | 24111 | 27111 | 25111 | 26111 |
Tax-exempt income funds Page 96
Appendix
The following descriptions of debt security ratings are based on information provided by Moodys Investors Service and Standard & Poors Ratings Services.
Description of bond ratings
Moodys
Municipal long-term rating definitions
Aaa
Obligations rated Aaa are judged to be of the highest quality, subject to the lowest level of credit risk.
Aa
Obligations rated Aa are judged to be of high quality and are subject to very low credit risk.
A
Obligations rated A are considered upper-medium grade and are subject to low credit risk.
Baa
Obligations rated Baa are judged to be medium grade and subject to moderate credit risk and as such may possess certain speculative characteristics.
Ba
Obligations rated Ba are judged to be speculative and are subject to substantial credit risk.
B
Obligations rated B are considered speculative and are subject to high credit risk.
Caa
Obligations rated Caa are judged to be speculative and of poor standing and are subject to very high credit risk.
Ca
Obligations rated Ca are highly speculative and are likely in, or very near, default, with some prospect of recovery of principal and interest.
C
Obligations rated C are the lowest rated and are typically in default, with little prospect for recovery of principal or interest.
Note: Moodys appends numerical modifiers 1, 2 and 3 to each generic rating classification from Aa through Caa. The modifier 1 indicates that the obligation ranks in the higher end of its generic rating category; the modifier 2 indicates a mid-range ranking; and the modifier 3 indicates a ranking in the lower end of that generic rating category. Additionally, a (hyb) indicator is appended to all ratings of hybrid securities issued by banks, insurers, finance companies and securities firms.
Tax-exempt income funds Page 97
Standard
& Poors
Long-term issue credit ratings
AAA
An obligation rated AAA has the highest rating assigned by Standard & Poors. The obligors capacity to meet its
financial commitment on the obligation is extremely strong.
AA
An obligation rated AA differs from the highest-rated obligations only to a small degree. The obligors capacity to meet
its financial commitment on the obligation is very strong.
A
An obligation rated A is somewhat more susceptible to the adverse effects of changes in circumstances and economic conditions
than obligations in higher-rated categories. However, the obligors capacity to meet its financial commitment on the obligation
is still strong.
BBB
An obligation rated BBB exhibits adequate protection parameters. However, adverse economic conditions or changing circumstances
are more likely to lead to a weakened capacity of the obligor to meet its financial commitment on the obligation.
BB, B, CCC, CC, and C
Obligations rated BB, B, CCC, CC, and C are regarded as having significant speculative characteristics. BB indicates the least degree of speculation and C the highest. While such obligations will likely have some quality and protective characteristics, these may be outweighed by large uncertainties or major exposures to adverse conditions.
BB
An obligation rated BB is less vulnerable to nonpayment than other speculative issues. However, it faces major ongoing uncertainties
or exposure to adverse business, financial, or economic conditions which could lead to the obligors inadequate capacity
to meet its financial commitment on the obligation.
B
An obligation rated B is more vulnerable to nonpayment than obligations rated BB, but the obligor currently has the capacity to
meet its financial commitment on the obligation. Adverse business, financial, or economic conditions will likely impair the obligors
capacity or willingness to meet its financial commitment on the obligation.
CCC
An obligation rated CCC is currently vulnerable to nonpayment and is dependent upon favorable business, financial, and economic
conditions for the obligor to meet its financial commitment on the obligation. In the event of adverse business, financial, or
economic conditions, the obligor is not likely to have the capacity to meet its financial commitment on the obligation.
CC
An obligation rated CC is currently highly vulnerable to nonpayment. The CC rating is used when a default has not occurred, but
Standard & Poors expects default to be a virtual certainty, regardless of the anticipated time to default.
Tax-exempt income funds Page 98
C
An obligation rated C is currently highly vulnerable to nonpayment, and the obligation is expected to have lower relative seniority
or lower ultimate recovery compared to obligations that are rated higher.
D
An obligation rated D is in default or in breach of an imputed promise. For non-hybrid capital instruments, the D rating category
is used when payments on an obligation are not made on the date due, unless Standard & Poors believes that such payments
will be made within five business days in the absence of a stated grace period or within the earlier of the stated grace period
or 30 calendar days. The D rating also will be used upon the filing of a bankruptcy petition or the taking of similar action and
where default on an obligation is a virtual certainty, for example due to automatic stay provisions. An obligations rating
is lowered to D if it is subject to a distressed exchange offer.
Plus (+) or minus ()
The ratings from AA to CCC may be modified by the addition of a plus or minus sign to show relative standing within the major rating categories.
NR
This indicates that no rating has been requested, that there is insufficient information on which to base a rating, or that Standard & Poors does not rate a particular obligation as a matter of policy.
Tax-exempt income funds Page 99
Fitch
Ratings, Inc.
Long-term credit ratings
AAA
Highest credit quality. AAA ratings denote the lowest expectation of default risk. They are assigned only in case of exceptionally
strong capacity for payment of financial commitments. This capacity is highly unlikely to be adversely affected by foreseeable
events.
AA
Very high credit quality. AA ratings denote expectations of very low default risk. They indicate very strong capacity for payment
of financial commitments. This capacity is not significantly vulnerable to foreseeable events.
A
High credit quality. A ratings denote expectations of low default risk. The capacity for payment of financial commitments is considered
strong. This capacity may, nevertheless, be more vulnerable to changes in circumstances or in economic conditions than is the
case for higher ratings.
BBB
Good credit quality. BBB ratings indicate that expectations of default risk are low. The capacity for payment of financial commitments
is considered adequate but adverse changes in circumstances and economic conditions are more likely to impair this capacity.
BB
Speculative. BB ratings indicate an elevated vulnerability to default risk, particularly in the event of adverse changes in business
or economic conditions over time; however, business or financial flexibility exists which supports the servicing of financial
commitments.
B
Highly speculative. B ratings indicate that material default risk is present, but a limited margin of safety remains. Financial
commitments are currently being met; however, capacity for continued payment is vulnerable to deterioration in the business and
economic environment.
CCC
Substantial credit risk. Default is a real possibility.
CC
Very high levels of credit risk. Default of some kind appears probable.
C
Exceptionally high levels of credit risk. Default is imminent or inevitable, or the issuer is in standstill. Conditions that are
indicative of a C category rating for an issuer include:
· The issuer has entered into a grace or cure period following nonpayment of a material financial obligation;
· The issuer has entered into a temporary negotiated waiver or standstill agreement following a payment default on a material financial obligation; or
· Fitch Ratings otherwise believes a condition of RD or D to be imminent or inevitable, including through the formal announcement of a distressed debt exchange.
Tax-exempt income funds Page 100
RD
Restricted default. RD ratings indicate an issuer that in Fitch Ratings opinion has experienced an uncured payment default
on a bond, loan or other material financial obligation but which has not entered into bankruptcy filings, administration, receivership,
liquidation or other formal winding up procedure, and which has not otherwise ceased operating. This would include:
· The selective payment default on a specific class or currency of debt;
· The uncured expiry of any applicable grace period, cure period or default forbearance period following a payment default on a bank loan, capital markets security or other material financial obligation;
· The extension of multiple waivers or forbearance periods upon a payment default on one or more material financial obligations, either in series or in parallel; or
· Execution of a distressed debt exchange on one or more material financial obligations.
D
Default. D ratings indicate an issuer that in Fitch Ratings opinion has entered into bankruptcy filings, administration,
receivership, liquidation or other formal winding up procedure, or which has otherwise ceased business.
Default ratings are not assigned prospectively to entities or their obligations; within this context, nonpayment on an instrument that contains a deferral feature or grace period will generally not be considered a default until after the expiration of the deferral or grace period, unless a default is otherwise driven by bankruptcy or other similar circumstance, or by a distressed debt exchange.
Imminent default typically refers to the occasion where a payment default has been intimated by the issuer, and is all but inevitable. This may, for example, be where an issuer has missed a scheduled payment, but (as is typical) has a grace period during which it may cure the payment default. Another alternative would be where an issuer has formally announced a distressed debt exchange, but the date of the exchange still lies several days or weeks in the immediate future.
In all cases, the assignment of a default rating reflects the agencys opinion as to the most appropriate rating category consistent with the rest of its universe of ratings, and may differ from the definition of default under the terms of an issuers financial obligations or local commercial practice.
Note: The modifiers + or may be appended to a rating to denote relative status within major rating categories. Such suffixes are not added to the AAA long-term rating category, or to categories below B.
Tax-exempt income funds Page 101
Description of note ratings
Moodys
Municipal short-term debt ratings
MIG 1
This designation denotes superior credit quality. Excellent protection is afforded by established cash flows, highly reliable liquidity support, or demonstrated broad-based access to the market for refinancing.
MIG 2
This designation denotes strong credit quality. Margins of protection are ample, although not as large as in the preceding group.
MIG 3
This designation denotes acceptable credit quality. Liquidity and cash-flow protection may be narrow, and market access for refinancing is likely to be less well-established.
SG
This designation denotes speculative-grade credit quality. Debt instruments in this category may lack sufficient margins of protection.
Tax-exempt income funds Page 102
Standard & Poors
Short-term issue credit ratings
SP-1
Strong capacity to pay principal and interest. An issue determined to possess a very strong capacity to pay debt service is given a plus (+) designation.
SP-2
Satisfactory capacity to pay principal and interest, with some vulnerability to adverse financial and economic changes over the term of the notes.
SP-3
Speculative capacity to pay principal and interest.
Tax-exempt income funds Page 103
Description of commercial paper ratings
Moodys
Global short-term rating scale
P-1
Issuers (or supporting institutions) rated Prime-1 have a superior ability to repay short-term debt obligations.
P-2
Issuers (or supporting institutions) rated Prime-2 have a strong ability to repay short-term debt obligations.
P-3
Issuers (or supporting institutions) rated Prime-3 have an acceptable ability to repay short-term obligations.
NP
Issuers (or supporting institutions) rated Not Prime do not fall within any of the Prime rating categories.
Standard & Poors
Commercial paper ratings (highest three ratings)
A-1
A short-term obligation rated A-1 is rated in the highest category by Standard & Poors. The obligors capacity to meet its financial commitment on the obligation is strong. Within this category, certain obligations are designated with a plus sign (+). This indicates that the obligors capacity to meet its financial commitment on these obligations is extremely strong.
A-2
A short-term obligation rated A-2 is somewhat more susceptible to the adverse effects of changes in circumstances and economic conditions than obligations in higher rating categories. However, the obligors capacity to meet its financial commitment on the obligation is satisfactory.
A-3
A short-term obligation rated A-3 exhibits adequate protection parameters. However, adverse economic conditions or changing circumstances are more likely to lead to a weakened capacity of the obligor to meet its financial commitment on the obligation.
Tax-exempt income funds Page 104
American Funds Short-Term Tax-Exempt Bond Fund®
Investment portfolio
July 31, 2016
Bonds, notes & other debt instruments 93.07% Alabama 2.39% |
Principal amount (000) |
Value (000) |
21st Century Auth., Tobacco Settlement Rev. Ref. Bonds, Series 2012-A, 5.00% 2018 | $1,500 | $1,612 |
Black Belt Energy Gas Dist., Gas Supply Rev. Bonds, Series 2016-A, 4.00% 2046 (put 2021) | 9,500 | 10,647 |
Federal Aid Highway Fin. Auth., Federal Highway Grant Anticipation Bonds, Series 2012, 5.00% 2017 | 1,750 | 1,834 |
Federal Aid Highway Fin. Auth., Federal Highway Grant Anticipation Bonds, Series 2012, 5.00% 2018 | 2,315 | 2,522 |
Industrial Dev. Board, City of Mobile, Pollution Control Rev. Bonds (Alabama Power Company Barry Plant Project), 1.625% 2034 (put 2018) | 2,000 | 2,028 |
18,643 | ||
Alaska 0.05% | ||
Housing Fin. Corp., Home Mortgage Rev. Ref. Bonds, Series 2012-A, 4.00% 2040 | 390 | 402 |
Arizona 1.23% | ||
McAllister Academic Village LLC, Rev. Ref. Bonds (Arizona State University Hassayampa Academic Village Project), Series 2016, 5.00% 2022 | 400 | 484 |
Pima County, Sewer System Rev. Obligations, Series 2012-A, 4.00% 2017 | 1,000 | 1,032 |
Pima County, Sewer System Rev. Obligations, Series 2012-A, 5.00% 2018 | 500 | 542 |
School Facs. Board, Certs. of Part., Series 2015-A, 5.00% 2021 | 1,000 | 1,190 |
School Facs. Board, State School Trust Rev. Ref. Bonds, Series 2007, AMBAC insured, 5.00% 2018 | 2,000 | 2,155 |
Transportation Board Highway Rev. Ref. Bonds, Series 2011-A, 5.00% 2017 | 2,000 | 2,084 |
Board of Regents, Ref. Certs. of Part. (University of Arizona Projects), Series 2012-C, 5.00% 2018 | 2,000 | 2,155 |
9,642 | ||
California 9.29% | ||
Bay Area Toll Auth., San Francisco Bay Area Toll Bridge Rev. Ref. Bonds, Series 2006-C-1, 1.34% 2045 (put 2023)1 |
6,600 | 6,596 |
Bay Area Toll Auth., San Francisco Bay Area Toll Bridge Rev. Ref. Bonds, Series 2007-E-3, 1.14% 2047 (put 2019)1 |
3,000 | 3,000 |
Bay Area Toll Auth., San Francisco Bay Area Toll Bridge Rev. Ref. Bonds, Series 2014-G, 1.04% 2034 (put 2020)1 |
2,000 | 1,992 |
Trustees of The California State University, Systemwide Rev. Bonds, Series 2016-B-3, 4.00% 2051 (put 2023) | 1,500 | 1,758 |
Chino Public Fncg. Auth., Local Agcy. Rev. Ref. Bonds, Series 2015-A, Assured Guaranty Municipal insured, 2.50% 2018 | 1,495 | 1,544 |
Chino Public Fncg. Auth., Local Agcy. Rev. Ref. Bonds, Series 2015-A, Assured Guaranty Municipal insured, 4.00% 2017 | 640 | 662 |
Fresno Unified School Dist., G. O. Bonds, Series 2015-E, 5.00% 2021 | 1,000 | 1,199 |
G.O. Bonds, Series 2012-A, 0.89% 2033 (put 2018)1 | 1,500 | 1,495 |
Various Purpose G.O. Bonds, 3.00% 2016 | 5,000 | 5,001 |
Various Purpose G.O. Bonds, 4.00% 2030 (put 2021) | 500 | 570 |
Various Purpose G.O. Ref. Bonds, 5.00% 2018 | 3,000 | 3,224 |
Veterans G.O. Ref. Bonds, Series 2015-CM, AMT, 2.45% 2031 | 475 | 488 |
Golden State Tobacco Securitization Corp., Enhanced Tobacco Settlement Asset-backed Bonds, Series 2013-A, 5.00% 2019 |
2,000 | 2,237 |
Health Facs. Fncg. Auth., Insured Rev. Ref. Bonds (NCROC - Paradise Valley Estates Project), Series 2013, 4.00% 2018 |
450 | 472 |
Health Facs. Fncg. Auth., Rev. Bonds (Sutter Health), Series 2011-D, 5.00% 2018 | 515 | 562 |
Health Facs. Fncg. Auth., Rev. Ref. Bonds (City of Hope), Series 2012-A, 5.00% 2017 | 500 | 529 |
American Funds Short-Term Tax-Exempt Bond Fund — Page 1 of 15
Bonds, notes & other debt instruments California (continued) |
Principal amount (000) |
Value (000) |
Health Facs. Fncg. Auth., Rev. Ref. Bonds (St. Joseph Health System), Series 2009-C, 5.00% 2034 (put 2022) | $2,200 | $2,688 |
Health Facs. Fncg. Auth., Rev. Ref. Bonds (St. Joseph Health System), Series 2013-B, 5.00% 2043 (put 2017) | 1,145 | 1,205 |
Health Facs. Fncg. Auth., Rev. Ref. Bonds (St. Joseph Health System), Series 2013-D, 5.00% 2043 (put 2020) | 1,500 | 1,742 |
Infrastructure and Econ. Dev. Bank, Rev. Ref. Bonds (J. Paul Getty Trust), Series 2013-A-2, 0.846% 2047 (put 2019)1 |
3,500 | 3,502 |
Infrastructure and Econ. Dev. Bank, Rev. Ref. Bonds (J. Paul Getty Trust), Series 2015-B-1, 0.72% 2047 (put 2018)1 |
2,000 | 1,989 |
City of Irvine, Limited Obligation Improvement Bonds, Reassessment Dist. No. 15-1, 2.00% 2016 | 600 | 601 |
Successor Agcy. to the La Quinta Redev. Agcy., Tax Allocation Ref. Bonds (La Quinta Redev. Project Areas No. 1 and 2), Series 2014-A, 4.00% 2018 |
500 | 535 |
Successor Agcy. to the Lancaster Redev. Agcy., Lancaster Redev. Project Area No. 5 and Project Area No. 6 (School Dist. Pass-Throughs), Tax Allocation Rev. Ref Bonds, Taxable Series 2016-B-2, Assured Guaranty Municipal insured, 3.00% 2018 | 425 | 440 |
Successor Agcy. to the Lancaster Redev. Agcy., Lancaster Redev. Project Area No. 5 and Project Area No. 6 (School Dist. Pass-Throughs), Tax Allocation Rev. Ref. Bonds, Taxable Series 2016-B-2, Assured Guaranty Municipal insured, 3.00% 2019 | 435 | 459 |
Successor Agcy. to the Lancaster Redev. Agcy., Lancaster Redev. Project Area No. 5 and Project Area No. 6 (School Dist. Pass-Throughs), Tax Allocation Rev. Ref. Bonds, Taxable Series 2016-B-2, Assured Guaranty Municipal insured, 4.00% 2020 | 445 | 493 |
Dept. of Airports, Los Angeles International Airport Rev. Bonds, Series 2012-A, AMT, 5.00% 2020 | 845 | 971 |
Los Angeles County, Metropolitan Transportation Auth., Proposition A, Sales Tax Rev. Ref. Bonds, Series 2013-A, 5.00% 2018 |
3,000 | 3,260 |
Metropolitan Water Dist. of Southern California, Water Rev. Ref. Bonds (SIFMA Index Model), Series 2012-B1, 0.82% 2027 (put 2018)1 | 2,900 | 2,898 |
Oakland Redev. Successor Agcy., Tax Allocation Ref. Bonds (Central Dist. Redev. Project), Series 2013, 4.00% 2018 |
2,500 | 2,668 |
Oakland Redev. Successor Agcy., Tax Allocation Ref. Bonds (Central Dist. Redev. Project), Series 2013, 5.00% 2017 |
2,510 | 2,628 |
Oakland Redev. Successor Agcy., Tax Allocation Ref. Bonds (Central Dist. Redev. Project), Series 2013, 5.00% 2018 |
1,085 | 1,180 |
Oakland Redev. Successor Agcy., Tax Allocation Ref. Bonds (Central Dist. Redev. Project), Series 2013, 5.00% 2019 |
1,000 | 1,126 |
Public Works Board, Lease Rev. Bonds (Trustees of the California State University), Series 2013-H, 5.00% 2017 (escrowed to maturity) | 600 | 630 |
Public Works Board, Lease Rev. Bonds (Trustees of the California State University), Series 2013-H, 5.00% 2018 (escrowed to maturity) | 650 | 710 |
Regional Airports Improvement Corp., Facs. Lease Rev. Ref. Bonds (LAXFUEL Corp., Los Angeles International Airport), Issue of 2005, AMT, Assured Guaranty Municipal insured, 5.00% 2017 | 1,120 | 1,141 |
Regional Airports Improvement Corp., Facs. Lease Rev. Ref. Bonds (LAXFUEL Corp., Los Angeles International Airport), Issue of 2012, AMT, 5.00% 2018 | 310 | 329 |
Regional Airports Improvement Corp., Facs. Lease Rev. Ref. Bonds (LAXFUEL Corp., Los Angeles International Airport), Issue of 2012, AMT, 5.00% 2019 | 525 | 578 |
Riverside County, Public Fncg. Auth., Tax Allocation Rev. Bonds (Project Area No. 1, Desert Communities and Interstate 215 Corridor Projects), Series 2015-A, 5.00% 2020 | 615 | 716 |
Successor Agcy. To the Redev. Agcy. for the County of Riverside Jurupa Valley Redev. Project Area, Tax Allocation Rev. Ref. Bonds, Series 2015-B, Assured Guaranty Municipal insured, 3.00% 2016 | 600 | 603 |
Sacramento City, Fncg. Auth., Special Tax Rev. Ref. Bonds (Westlake and Regency Park), Series 2013-A, Assured Guaranty Municipal insured, 5.00% 2020 | 1,375 | 1,591 |
City of San Jose, Airport Rev. Ref. Bonds, Series 2011-A-1, AMT, 5.00% 2017 | 1,595 | 1,636 |
Santa Cruz County, Redev. Successor Agcy., Tax Allocation Ref. Bonds, Series 2014, BAM insured, 5.00% 2018 | 300 | 327 |
Statewide Communities Dev. Auth., Rev. Bonds (Kaiser Permanente), Series 2002-C, 5.00% 2029 (put 2017) | 1,700 | 1,756 |
Stockton Public Fncg. Auth., Wastewater Rev. Ref. Bonds (1998 Wastewater Project and 2003 Wastewater Project), Series 2014, Build America Mutual insured, 4.00% 2018 | 500 | 533 |
Temecula Valley Unified School Dist., Fncg. Auth. Rev. Bonds, BAM insured, 5.00% 2019 | 375 | 423 |
Temecula Valley Unified School Dist., Fncg. Auth. Rev. Bonds, BAM insured, 5.00% 2020 | 400 | 464 |
American Funds Short-Term Tax-Exempt Bond Fund — Page 2 of 15
Bonds, notes & other debt instruments California (continued) |
Principal amount (000) |
Value (000) |
Successor Agcy. To The Tracy Community Dev. Agcy., Tax Allocation Rev. Ref. Bonds, Series 2016, Assured Guaranty Municipal insured, 5.00% 2023 | $400 | $499 |
Dept. of Water Resources, Power Supply Rev. Ref. Bonds, Series 2010-L, 5.00% 2017 | 905 | 936 |
72,586 | ||
Colorado 1.05% | ||
Compark Business Campus Metropolitan Dist., Douglas County, G.O. Ref. and Improvement Bonds, Series 2007-A, RADIAN insured, 5.00% 2016 (escrowed to maturity) |
1,000 | 1,015 |
City and County of Denver, Airport System Rev. Bonds, Series 2013-A, AMT, 5.00% 2020 | 1,000 | 1,158 |
E-470 Public Highway Auth., Rev. Bonds (Capital Appreciation Bonds), Series 2006-A, National insured, 5.00% 2016 |
1,000 | 1,004 |
Health Facs. Auth., Hospital Rev. Bonds (Adventist Health System/Sunbelt Obligated Group), Series 2016-C, 5.00% 2036 (put 2023) | 2,000 | 2,470 |
Dept. of Transportation, Transportation Rev. Ref. Anticipation Notes, 5.00% 2016 | 2,500 | 2,543 |
8,190 | ||
Connecticut 1.60% | ||
Various Purpose G.O. Bonds, Series 2015-D, 1.19% 20181 | 1,000 | 997 |
Health and Educational Facs. Auth., Rev. Bonds (Quinnipiac University Issue), Series 2016-M, 5.00% 2022 | 750 | 901 |
Housing Fin. Auth., Housing Mortgage Fin. Program Bonds, Series 2014-C-1, 4.00% 2044 |
895 | 979 |
Housing Fin. Auth., Housing Mortgage Fin. Program Rev. Ref. Bonds, 4.00% 2044 | 1,480 | 1,566 |
Housing Fin. Auth., Housing Mortgage Fin. Program Rev. Ref. Bonds, Series 2012-F-2, AMT, 2.75% 2035 |
670 | 677 |
Housing Fin. Auth., Housing Mortgage Fin. Program Rev. Ref. Bonds, Series 2015-A, 3.50% 2044 |
3,445 | 3,679 |
Housing Fin. Auth., Housing Mortgage Fin. Program Rev. Ref. Bonds, Series 2015-C-1, 3.50% 2045 | 1,985 | 2,132 |
Housing Fin. Auth., Housing Mortgage Fin. Program Rev. Ref. Bonds, Series 2016-A-1, 4.00% 2045 | 1,400 | 1,532 |
12,463 | ||
District of Columbia 0.60% | ||
Dist. of Columbia, Income Tax Secured Rev. Ref. Bonds, Series 2014-A, 5.00% 2017 | 2,000 | 2,120 |
Metropolitan Washington Airports Auth., Airport System Rev. Ref. Bonds, Series 2011-C, AMT, 4.00% 2016 | 2,000 | 2,012 |
Water and Sewer Auth., Public Utility Rev. Bonds, Series 2016-A, 5.00% 2019 | 500 | 568 |
4,700 | ||
Florida 4.39% | ||
Broward County, Airport System Rev. Ref. Bonds, Series 2015-A, AMT, 5.00% 2021 | 1,000 | 1,184 |
Citizens Property Insurance Corp., High-Risk Account Secured Bonds, Series 2009-A-1, 6.00% 2017 | 1,300 | 1,359 |
Citizens Property Insurance Corp., Personal Lines Account/Commercial Lines Account Secured Bonds, Series 2012-A-1, 5.00% 2017 |
1,000 | 1,037 |
Citizens Property Insurance Corp., Personal Lines Account/Commercial Lines Account Secured Bonds, Series 2012-A-1, 5.00% 2019 |
7,450 | 8,315 |
South Florida Water Management Dist., Certs. of Parts., 5.00% 2022 | 1,250 | 1,528 |
Housing Fin. Corp., Homeowner Mortgage Rev. Bonds (Special Program), Series 2015-A, 3.50% 2046 | 975 | 1,041 |
Housing Fin. Corp., Homeowner Mortgage Rev. Bonds, Series 2009-2, 5.50% 2041 | 645 | 672 |
Housing Fin. Corp., Homeowner Mortgage Rev. Bonds, Series 2011-C, 4.50% 2030 | 485 | 509 |
Housing Fin. Corp., Homeowner Mortgage Rev. Ref. Bonds, Series 2011-1, AMT, 5.00% 2041 | 720 | 754 |
JEA, St. Johns River Power Park System Rev. Ref. Bonds, Issue Two, Series 23, 5.00% 2017 | 1,750 | 1,842 |
City of Lakeland, Energy System Rev. Ref. Bonds, 5.00% 2019 | 500 | 568 |
City of Lakeland, Energy System Rev. Ref. Bonds, Series 2012, 1.19% 20171 | 3,800 | 3,802 |
Miami-Dade County, Expressway Auth., Toll System Rev. Ref. Bonds, Series 2013-A, 5.00% 2018 | 1,000 | 1,082 |
Miami-Dade County, Expressway Auth., Toll System Rev. Ref. Bonds, Series 2013-A, 5.00% 2019 | 1,000 | 1,122 |
Miami-Dade County, Expressway Auth., Toll System Rev. Ref. Bonds, Series 2013-A, 5.00% 2020 | 1,000 | 1,156 |
Miami-Dade County, Aviation Rev. Ref. Bonds, Series 2012-A, AMT, 4.00% 2017 | 2,115 | 2,197 |
American Funds Short-Term Tax-Exempt Bond Fund — Page 3 of 15
Bonds, notes & other debt instruments Florida (continued) |
Principal amount (000) |
Value (000) |
Orlando Utilities Commission, Utility System Rev. Ref. Bonds, Series 2006, 5.00% 2018 | $1,500 | $1,512 |
Orlando-Orange County, Expressway Auth., Rev. Ref. Bonds, Series 2012, 5.00% 2018 | 1,250 | 1,353 |
City of Tampa, Rev. Ref. and Capital Improvement Cigarette Tax Allocation Bonds (H. Lee Moffitt Cancer Center Project), Series 2012-A, 4.00% 2017 | 925 | 957 |
Tampa Bay Water, Utility System Rev. Ref. Bonds, Series 2011-A, 5.00% 2016 (escrowed to maturity) | 645 | 650 |
Tampa Bay Water, Utility System Rev. Ref. Bonds, Series 2011-A, 5.00% 2016 (escrowed to maturity) | 605 | 610 |
Water Pollution Control Fncg. Corp., Water Pollution Control Rev. Bonds, Series 2008-A, 4.00% 2017 | 1,000 | 1,017 |
34,267 | ||
Georgia 3.16% | ||
Atlanta Dev. Auth., Student Housing Facs. Rev. Ref. Bonds (Piedmont/Ellis, LLC University Commons Project), Series 2013, 5.00% 2017 (escrowed to maturity) | 850 | 891 |
Atlanta Dev. Auth., Student Housing Facs. Rev. Ref. Bonds (Piedmont/Ellis, LLC University Commons Project), Series 2013, 5.00% 2018 (escrowed to maturity) | 1,000 | 1,091 |
Atlanta Dev. Auth., Student Housing Facs. Rev. Ref. Bonds (Piedmont/Ellis, LLC University Commons Project), Series 2013, 5.00% 2019 (escrowed to maturity) | 760 | 860 |
City of Atlanta, Water and Wastewater Rev. Ref. Bonds, Series 2013-B, 5.00% 2019 | 2,000 | 2,279 |
DeKalb County, Water and Sewerage Rev. Bonds (Second Resolution), Series 2011-A, 5.00% 2017 | 500 | 527 |
Dev. Auth. Of Floyd County, Pollution Control Rev. Bonds (Georgia Power Company Plant Hammond Project), 2.35% 2022 (put 2020) | 4,000 | 4,177 |
Housing and Fin. Auth., Single Family Mortgage Bonds, Series 2013-A, 3.00% 2043 | 590 | 598 |
Housing and Fin. Auth., Single Family Mortgage Bonds, Series 2014-A-1, 4.00% 2044 | 865 | 922 |
Housing and Fin. Auth., Single Family Mortgage Bonds, Series 2016-A-1, 3.50% 2046 | 700 | 756 |
Metropolitan Atlanta Rapid Transit Auth., Sales Tax Rev. Ref. Bonds (Third Indenture Series), Series 2014-A, 0.74% 2025 (put 2017)1 | 5,250 | 5,250 |
Metropolitan Atlanta Rapid Transit Auth., Sales Tax Rev. Ref. Bonds, Series 2014-B, 0.72% 2025 (put 2017)1 |
3,500 | 3,497 |
Municipal Gas Auth., Gas Rev. Bonds (Gas Portfolio III Project), Series 2014-U, 4.00% 2017 | 1,000 | 1,040 |
State Road and Tollway Auth., Federal Highway Grant Anticipation Rev. Bonds, Series 2009-A, 5.00% 2019 | 2,500 | 2,796 |
24,684 | ||
Hawaii 0.62% | ||
G.O. Bonds, Series 2011-DZ, 5.00% 2017 | 2,325 | 2,465 |
G.O. Bonds, Series 2011-DZ, 5.00% 2017 (escrowed to maturity) | 175 | 186 |
City and County of Honolulu, G.O. Bonds, Series 2012-B, 5.00% 2018 | 1,000 | 1,098 |
Dept. of Transportation, Aiports Division Lease Rev. Certs. of Part., Series 2013, AMT, 5.00% 2019 | 1,000 | 1,116 |
4,865 | ||
Idaho 0.34% | ||
Housing and Fin. Assn., Grant and Rev. Anticipation Bonds (Federal Highway Trust Fund), Series 2009-A, 5.00% 2017 | 2,525 | 2,628 |
Illinois 7.29% | ||
Build Bonds (Sales Tax Rev. Bonds), Series June 2013, 5.00% 2020 | 3,500 | 4,023 |
City of Chicago, O’Hare International Airport, General Airport Rev. Ref. Bonds, Series 2008-B, Assured Guaranty Municipal insured, 5.00% 2020 | 980 | 998 |
City of Chicago, O’Hare International Airport, General Airport Rev. Ref. Bonds, Series 2010-D, AMT, 5.25% 2018 |
750 | 794 |
City of Chicago, O’Hare International Airport, General Airport Rev. Ref. Bonds, Series 2013-A, AMT, 4.00% 2019 |
1,925 | 2,065 |
City of Chicago, O’Hare International Airport, General Airport Rev. Ref. Bonds, Series 2015-B, 5.00% 2020 | 600 | 682 |
City of Chicago, Wastewater Transmission Rev. Project Bonds, Series 2012, 5.00% 2018 | 600 | 631 |
City of Chicago, Wastewater Transmission Rev. Ref. Bonds, Series 2006-B, FGIC-National insured, 5.00% 2018 | 370 | 376 |
City of Chicago, Wastewater Transmission Rev. Ref. Bonds, Series 2014, 5.00% 2017 | 700 | 711 |
American Funds Short-Term Tax-Exempt Bond Fund — Page 4 of 15
Bonds, notes & other debt instruments Illinois (continued) |
Principal amount (000) |
Value (000) |
City of Chicago, Wastewater Transmission Rev. Ref. Bonds, Series 2014, 5.00% 2018 | $300 | $315 |
City of Chicago, Water Rev. Bonds, Series 2004, 5.00% 2023 | 2,750 | 3,279 |
City of Chicago, Water Rev. Ref. Bonds, Series 2014, 4.00% 2017 | 250 | 259 |
County of Cook, G.O. Rev. Ref. Bonds, Series 2016-A, 5.00% 2021 | 500 | 581 |
County of Cook, G.O. Rev. Ref. Bonds, Series 2016-A, 5.00% 2022 | 500 | 589 |
Educational Facs. Auth., Rev. Bonds (University of Chicago), Series 1998-B, 1.65% 2025 (put 2019) |
10,390 | 10,563 |
Educational Facs. Auth., Rev. Bonds (University of Chicago), Series 2001-B-1, 1.10% 2036 (put 2018) | 1,250 | 1,256 |
Fin. Auth., Clean Water Initiative Revolving Fund Rev. Bonds, Series 2013, 5.00% 2019 | 2,000 | 2,248 |
Fin. Auth., Rev. Bonds (Advocate Health Care Network), Series 2014, 5.00% 2019 | 550 | 619 |
Fin. Auth., Rev. Ref. Bonds (Advocate Health Care Network), Series 2008-A-1, 5.00% 2030 (put 2020) | 2,500 | 2,839 |
Fin. Auth., Rev. Ref. Bonds (Advocate Health Care Network), Series 2008-A-3, 5.00% 2030 (put 2019) | 2,000 | 2,226 |
Fin. Auth., Rev. Ref. Bonds (DePaul University), Series 2013, 5.00% 2018 | 500 | 546 |
Fin. Auth., Rev. Ref. Bonds (OSF Healthcare System), Series 2015-A, 5.00% 2020 | 2,410 | 2,787 |
Fin. Auth., Rev. Bonds (Rush University Medical Center Obligated Group), Series 2015-A, 5.00% 2019 | 1,000 | 1,129 |
Housing Dev. Auth., Multifamily Housing Rev. Notes (Marshall Field Garden Apartment Homes), 1.44% 2050 (put 2025)1 | 3,400 | 3,383 |
Board of Trustees of Illinois State University, Auxiliary Facs. System Rev. Bonds, Series 2016, Assured Guaranty Municipal insured, 5.00% 2021 | 2,155 | 2,485 |
State Toll Highway Auth., Toll Highway Rev. Bonds, Series 2014-A, 5.00% 2019 | 1,500 | 1,705 |
State Toll Highway Auth., Toll Highway Rev. Bonds, Series 2014-D, 5.00% 2018 | 1,000 | 1,061 |
State Toll Highway Auth., Toll Highway Rev. Ref. Bonds, Series 2013-B, 5.00% 2018 | 1,750 | 1,923 |
Unemployment Insurance Fund Building Receipts Rev. Bonds (Illinois Dept. of Employment Security), Series 2012-A, 5.00% 2016 |
4,000 | 4,070 |
Unemployment Insurance Fund Building Receipts Rev. Bonds (Illinois Dept. of Employment Security), Series 2012-B, 5.00% 2017 |
1,500 | 1,525 |
Village of Volo, Lake County, Special Service Areas Number Three and Number Six, Special Tax Rev. Ref Bonds (Symphony Meadows/Lancaster Falls Projects), Assured Guaranty Municipal insured, 3.00% 2019 | 300 | 312 |
United City of Yorkville, Special Tax Rev. Ref. Bonds (Special Service Area Numbers 2005-108 and 2005-109), Assured Guaranty Municipal insured, 3.00% 2020 | 935 | 980 |
56,960 | ||
Indiana 1.71% | ||
Dev. Fin. Auth., Solid Waste Disposal Rev. Bonds (Waste Management, Inc. Project), Series 2001, AMT, 1.75% 2031 (put 2018) |
500 | 507 |
Fin. Auth., Hospital Rev. Ref. Bonds (Beacon Health Obligated Group), Series 2013-A, 5.00% 2016 | 1,000 | 1,002 |
Fin. Auth., Hospital Rev. Ref. Bonds (Beacon Health Obligated Group), Series 2013-A, 5.00% 2017 | 1,250 | 1,307 |
Fin. Auth., Hospital Rev. Ref. Bonds (Indiana University Health Obligated Group), Series 2011-N, 5.00% 2017 | 2,500 | 2,566 |
Fin. Auth., Hospital Rev. Ref. Bonds (Indiana University Health Obligated Group), Series 2016-A, 5.00% 2019 | 1,100 | 1,255 |
Fin. Auth., Hospital Rev. Ref. Bonds (Indiana University Health Obligated Group), Series 2016-A, 5.00% 2022 | 2,000 | 2,460 |
Health and Educational Fac. Fncg. Auth., Rev. Bonds (Ascension Health Credit Group), Series 2005-A-5, 2.00% 2027 (put 2017) |
1,875 | 1,899 |
Indianapolis, Local Public Improvement, Bond Bank Rev. Bonds (Waterworks Project), Series 2009-A, Assured Guaranty insured, 5.00% 2017 | 1,325 | 1,350 |
City of Whiting, Environmental Facs. Rev. Bonds (BP Products North America Inc. Project), Series 2008, 1.85% 2044 (put 2019) |
1,000 | 1,013 |
13,359 | ||
Iowa 0.12% | ||
Fin. Auth., Single Family Mortgage Bonds, Series 2015-A, AMT, 3.50% 2040 | 850 | 901 |
Kentucky 0.23% | ||
State Property and Buildings Commission, Rev. Ref. Bonds (Project No. 112), Series 2016-B, 5.00% 2022 | 1,500 | 1,810 |
American Funds Short-Term Tax-Exempt Bond Fund — Page 5 of 15
Bonds, notes & other debt instruments Louisiana 0.52% |
Principal amount (000) |
Value (000) |
Citizens Property Insurance Corp., Assessment Rev. Ref. Bonds, Assured Guaranty Municipal insured, 5.00% 2021 |
$1,500 | $1,772 |
Jefferson Parish Fin. Auth., Single Family Mortgage Rev. Bonds, Series 2007-C, 5.70% 2039 | 210 | 218 |
City of New Orleans, Sewerage Service Rev. and Ref. Bonds, Series 2014, 5.00% 2017 | 500 | 518 |
City of New Orleans, Sewerage Service Rev. and Ref. Bonds, Series 2014, 5.00% 2018 | 500 | 538 |
Tobacco Settlement Fncg. Corp., Tobacco Settlement Asset-Backed Ref. Bonds, Series 2013-A, 5.00% 2017 | 1,000 | 1,035 |
4,081 | ||
Maine 0.65% | ||
Housing Auth., Mortgage Purchase Bonds, Series 2016-B-1, 3.50% 2046 | 1,000 | 1,080 |
Housing Auth., Mortgage Purchase Rev. Ref. Bonds, Series 2013-B, 4.00% 2043 | 1,200 | 1,277 |
Housing Auth., Mortgage Purchase Rev. Ref. Bonds, Series 2014-A-1, AMT, 3.25% 2043 | 775 | 810 |
Housing Auth., Mortgage Purchase Rev. Ref. Bonds, Series 2015-E-1, AMT, 3.50% 2035 | 1,770 | 1,882 |
5,049 | ||
Maryland 0.85% | ||
Community Dev. Administration, Dept. of Housing and Community Dev., Residential Rev. Bonds, Series 2014-B, AMT, 3.25% 2044 |
2,950 | 3,150 |
Health and Higher Educational Facs. Auth., Rev. Ref. Bonds (Johns Hopkins Health System Obligated Group Issue), Series 2012-D, 1.143% 2038 (put 2017)1 | 1,395 | 1,395 |
Stadium Auth., Sports Facs. Lease Rev. Ref. Bonds (Baseball Stadium Issue), Series 2011-B, AMT, 5.00% 2017 | 1,000 | 1,060 |
Transportation Auth., Airport Parking Rev. Ref. Bonds (Baltimore/Washington International Thurgood Marshall Airport Projects), Series 2012-B, AMT, 5.00% 2018 | 1,000 | 1,067 |
6,672 | ||
Massachusetts 4.66% | ||
Dev. Fin. Agcy., Rev. Bonds (Boston University Issue), Series 2013-U-1, 1.02% 2040 (put 2017)1 | 1,000 | 999 |
Dev. Fin. Agcy., Rev. Bonds (Partners HealthCare System), Series 2014-M-3, 0.99% 2038 (put 2018)1 | 8,315 | 8,314 |
Dev. Fin. Agcy., Rev. Bonds (Umass Memorial Health Care Obligated Group Issue), Series 2016-I, 5.00% 2018 | 495 | 534 |
Educational Fncg. Auth., Education Loan Rev. Bonds, Series 2016-J, AMT, 5.00% 2024 | 3,000 | 3,582 |
Educational Fncg. Auth., Education Loan Rev. Bonds, Issue J, Series 2012, AMT, 5.00% 2018 | 1,000 | 1,070 |
Educational Fncg. Auth., Education Loan Rev. Bonds, Series 2014-I, AMT, 4.00% 2017 | 400 | 405 |
Educational Fncg. Auth., Education Loan Rev. Bonds, Series 2014-I, AMT, 4.00% 2018 | 500 | 519 |
Educational Fncg. Auth., Education Loan Rev. Bonds, Series 2014-I, AMT, 5.00% 2021 | 3,000 | 3,379 |
G.O. Bonds, Consolidated Loan of 2012, Series A, 0.96% 20161 | 2,000 | 2,000 |
G.O. Bonds, Consolidated Loan of 2012, Series D, 0.87% 20181 | 1,000 | 1,001 |
G.O. Bonds, Consolidated Loan of 2014, Series D-2, 0.74% 2043 (put 2017)1 | 2,000 | 1,999 |
Housing Fin. Agcy., Single Family Housing Rev. Bonds, Series 167, 4.00% 2043 | 845 | 894 |
Housing Fin. Agcy., Single Family Housing Rev. Bonds, Series 169, 4.00% 2044 | 900 | 976 |
Housing Fin. Agcy., Single Family Housing Rev. Bonds, Series 172, 4.00% 2045 | 1,480 | 1,595 |
Housing Fin. Agcy., Single Family Housing Rev. Bonds, Series 181, 4.00% 2044 | 1,000 | 1,094 |
Housing Fin. Agcy., Single Family Housing Rev. Ref. Bonds, Series 160, AMT, 3.75% 2034 | 460 | 476 |
Housing Fin. Agcy., Single Family Housing Rev. Ref. Bonds, Series 162, 2.75% 2041 | 510 | 521 |
Housing Fin. Agcy., Single Family Housing Rev. Ref. Bonds, Series 165, 2.65% 2041 | 1,640 | 1,679 |
Housing Fin. Agcy., Single Family Housing Rev. Ref. Bonds, Series 171, 4.00% 2044 | 915 | 1,002 |
Housing Fin. Agcy., Single Family Housing Rev. Ref. Bonds, Series 177, AMT, 4.00% 2039 | 3,415 | 3,706 |
Port Auth., Rev. Bonds, Series 2012-A, AMT, 3.00% 2017 | 660 | 674 |
36,419 |
American Funds Short-Term Tax-Exempt Bond Fund — Page 6 of 15
Bonds, notes & other debt instruments Michigan 3.17% |
Principal amount (000) |
Value (000) |
School Dist. of the City of Detroit (Wayne County), School Building and Site Improvement Ref. Bonds (Unlimited Tax G.O.), Series 2012-A, 5.00% 2018 | $2,225 | $2,375 |
Fin. Auth. Local Government Loan Program Rev. Bonds (Water and Sewerage Dept. Water Supply System Rev. Ref. Local Project), Series 2014-C-7, National insured, 5.00% 2019 | 575 | 641 |
Fin. Auth. Local Government Loan Program Rev. Bonds (Water and Sewerage Dept. Water Supply System Rev. Ref. Local Project), Series 2014-D-1, Assured Guaranty Municipal insured, 5.00% 2020 | 500 | 574 |
Fin. Auth. State Revolving Fund, Clean Water Revolving Fund Rev. Bonds, Series 2012, 5.00% 2018 | 1,000 | 1,096 |
Fin. Auth., Student Loan Rev. Ref. Bonds, Series 25-A, AMT, 5.00% 2018 | 725 | 779 |
Fin. Auth., Unemployment Obligation Assessment Rev. Ref. Bonds, Series 2012-A, 5.00% 2018 | 2,000 | 2,171 |
County of Genesee, Water Supply System Rev. Ref. Bonds (Limited Tax G.O.), Series 2014, Build America Mutual insured, 4.00% 2018 | 420 | 449 |
Regents of the University of Michigan, General Rev. Ref. Bonds, Series 2012-E, 0.87% 2033 (put 2018)1 | 2,000 | 1,989 |
City of Royal Oak Hospital Fin. Auth., Hospital Rev. Ref. Bonds (William Beaumont Hospital Obligated Group), Series 2014-D, 5.00% 2019 | 500 | 562 |
City of Royal Oak Hospital Fin. Auth., Hospital Rev. Ref. Bonds (William Beaumont Hospital Obligated Group), Series 2014-D, 5.00% 2020 | 500 | 578 |
State Building Auth., Rev. Ref. Bonds (Facs. Program), Series 2008-I, 5.50% 2017 | 870 | 921 |
State Building Auth., Rev. Ref. Bonds (Facs. Program), Series 2008-I, 5.50% 2017 (escrowed to maturity) | 130 | 138 |
State Building Auth., Rev. Ref. Bonds (Facs. Program), Series 2015-I, 5.00% 2021 | 1,400 | 1,654 |
State Hospital Fin. Auth., Project Rev. Ref. Bonds (Ascension Health Credit Group), Series 2010-F3, 1.40% 2047 (put 2018) |
1,500 | 1,514 |
State Housing Dev. Auth., Single Family Mortgage Rev. Bonds, Series 2014, 4.00% 2044 | 1,030 | 1,113 |
County of Wayne, Livonia Public Schools School Dist., School Building and Site G.O. Bonds, Assured Guaranty Municipal insured, 3.00% 2017 | 310 | 315 |
County of Wayne, Livonia Public Schools School Dist., School Building and Site G.O. Bonds, Assured Guaranty Municipal insured, 4.00% 2018 | 210 | 221 |
County of Wayne, Livonia Public Schools School Dist., School Building and Site G.O. Bonds, Assured Guaranty Municipal insured, 5.00% 2019 | 240 | 266 |
County of Wayne, Livonia Public Schools School Dist., School Building and Site G.O. Bonds, Assured Guaranty Municipal insured, 5.00% 2020 | 275 | 313 |
County of Wayne, Livonia Public Schools School Dist., School Building and Site G.O. Bonds, Assured Guaranty Municipal insured, 5.00% 2021 | 465 | 542 |
Wayne County, Airport Auth., Airport Rev. Bonds (Detroit Metropolitan Wayne County Airport), Series 2007, AMT, FGIC-National insured, 5.00% 2018 | 2,660 | 2,805 |
Wayne County, Airport Auth., Airport Rev. Bonds (Detroit Metropolitan Wayne County Airport), Series 2007, AMT, National insured, 5.00% 2017 | 1,305 | 1,373 |
Wayne County, Airport Auth., Airport Rev. Ref. Bonds (Detroit Metropolitan Wayne County Airport), Series 2010-A, AMT, 5.00% 2018 |
1,900 | 2,064 |
Wayne County, Airport Auth., Airport Rev. Ref. Bonds (Detroit Metropolitan Wayne County Airport), Series 2015-G, 5.00% 2020 |
250 | 288 |
24,741 | ||
Minnesota 1.63% | ||
General Fund Annual Appropriation Rev. Ref. Bonds, Series 2012-B, 5.00% 2017 | 2,000 | 2,054 |
Housing Fin. Agcy., Homeownership Fin. Bonds (Mortgage-Backed Securities Program), Series 2011-G, 4.25% 2035 |
620 | 649 |
Housing Fin. Agcy., Residential Housing Fin. Bonds, Series 2012-D, 4.00% 2040 | 855 | 893 |
Housing Fin. Agcy., Residential Housing Fin. Bonds, Series 2013-A, AMT, 3.00% 2031 | 695 | 714 |
Housing Fin. Agcy., Residential Housing Fin. Bonds, Series 2014-A, 4.00% 2038 | 1,225 | 1,339 |
Housing Fin. Agcy., Residential Housing Fin. Bonds, Series 2014-C, AMT, 4.00% 2045 | 4,695 | 5,051 |
Housing Fin. Agcy., Residential Housing Fin. Bonds, Series 2015-A, AMT, 4.00% 2041 | 930 | 1,010 |
Housing Fin. Agcy., Residential Housing Fin. Bonds, Series 2015-E, AMT, 3.50% 2046 | 950 | 1,013 |
12,723 |
American Funds Short-Term Tax-Exempt Bond Fund — Page 7 of 15
Bonds, notes & other debt instruments Mississippi 0.20% |
Principal amount (000) |
Value (000) |
Dev. Bank, Special Obligation Rev. Ref. Bonds (Harrison County, Mississippi Highway Ref. Project), Series 2013-A, 5.00% 2019 |
$850 | $937 |
Home Corp., Single Family Mortgage Rev. Bonds, Series 2009-A-2, 5.00% 2039 | 620 | 666 |
1,603 | ||
Missouri 0.78% | ||
Housing Dev. Commission, Single Family Mortgage Rev. Bonds (Special Homeownership Loan Program), Series 2015-B-1, AMT, 4.00% 2045 | 1,905 | 2,077 |
Housing Dev. Commission, Single Family Mortgage Rev. Bonds (Homeownership Loan Program), Series 2009-C, 4.90% 2036 |
315 | 320 |
Housing Dev. Commission, Single Family Mortgage Rev. Bonds (Homeownership Loan Program), Series 2009-D, 4.80% 2040 |
500 | 527 |
Housing Dev. Commission, Single Family Mortgage Rev. Bonds (Special Homeownership Loan Program), Series 2009-E-4, 4.25% 2030 | 485 | 509 |
Housing Dev. Commission, Single Family Mortgage Rev. Bonds (Special Homeownership Loan Program), Series 2014-A, 4.00% 2041 | 1,120 | 1,199 |
Housing Dev. Commission, Single Family Mortgage Rev. Bonds (Special Homeownership Loan Program), Series 2014-B, 4.00% 2040 | 1,360 | 1,474 |
6,106 | ||
Montana 0.36% | ||
Board of Housing, Single Family Mortgage Bonds, Series 2015-B-2, AMT, 3.50% 2042 | 960 | 1,023 |
Board of Housing, Single Family Homeownership Rev. Ref. Bonds, Series 2012-A-2, AMT, 4.00% 2038 | 1,670 | 1,761 |
2,784 | ||
Nebraska 1.65% | ||
Central Plains Energy Project, Gas Supply Rev. Ref. Bonds, Series 2014, 5.00% 2017 | 1,045 | 1,080 |
Central Plains Energy Project, Gas Supply Rev. Ref. Bonds, Series 2014, 5.00% 2039 (put 2019) |
4,200 | 4,746 |
Investment Fin. Auth., Single Family Housing Rev. Bonds, Series 2013-A, 2.50% 2034 | 565 | 571 |
Investment Fin. Auth., Single Family Housing Rev. Bonds, Series 2013-E, 3.00% 2043 | 1,385 | 1,417 |
Investment Fin. Auth., Single Family Housing Rev. Bonds, Series 2014-A, 3.00% 2044 | 2,045 | 2,110 |
Investment Fin. Auth., Single Family Housing Rev. Bonds, Series 2014-A, 4.00% 2044 | 860 | 924 |
Investment Fin. Auth., Single Family Housing Rev. Bonds, Series 2015-C, 3.50% 2045 | 1,925 | 2,056 |
12,904 | ||
Nevada 1.88% | ||
Clark County, Jet Aviation Fuel Tax Rev. Ref. Bonds, Series 2013-A, AMT, 5.00% 2019 | 2,000 | 2,229 |
Clark County, Las Vegas-McCarran International Airport, Passenger Fac. Charge Rev. Bonds, Series 2015-C, 5.00% 2021 | 1,170 | 1,390 |
Clark County, Pollution Control Rev. Ref. Bonds (Southern California Edison Company), Series 2010, 1.875% 2031 (put 2020) |
5,500 | 5,638 |
Clark County, Special Improvement Dist. No. 121 (Southern Highlands Area), Local Improvement Rev. Ref. Bonds, Series 2016, 3.00% 2017 | 750 | 770 |
Las Vegas Valley Water Dist., G.O. (Limited Tax) Ref. Bonds, Series 2011-D, 5.00% 2017 | 1,185 | 1,230 |
Las Vegas Valley Water Dist., G.O. (Limited Tax) Water Bonds, Series 2012-B, 5.00% 2018 | 1,000 | 1,080 |
City of North Las Vegas, Special Improvement Dist. No. 60 (Aliante), Local Improvement Rev. Ref. Bonds, Series 2016, 2.25% 2021 | 1,330 | 1,377 |
Washoe County, Gas Facs. Rev. Ref. Bonds (Sierra Pacific Power Company Projects), Series 2016-A, AMT, 1.50% 2031 (put 2019) | 1,000 | 1,007 |
14,721 | ||
New Hampshire 0.26% | ||
Turnpike System Rev. Ref. Bonds, Series 2012-B, 5.00% 2017 | 2,000 | 2,046 |
American Funds Short-Term Tax-Exempt Bond Fund — Page 8 of 15
Bonds, notes & other debt instruments New Jersey 4.01% |
Principal amount (000) |
Value (000) |
Econ. Dev. Auth., School Facs. Construction Rev. Ref. Bonds, Series 2010-DD-1, 5.00% 2016 | $570 | $579 |
Econ. Dev. Auth., School Facs. Construction Rev. Ref. Bonds, Series 2010-DD-1, 5.00% 2016 (escrowed to maturity) |
930 | 946 |
Econ. Dev. Auth., School Facs. Construction Rev. Ref. Bonds, Series 2014-PP, 5.00% 2019 | 4,000 | 4,347 |
Econ. Dev. Auth., School Facs. Construction Rev. Ref. Notes, Series 2014, 1.17% 20171 | 750 | 749 |
Educational Facs. Auth., Rev. Ref. Bonds (New Jersey City University Issue), Series 2016-D, Assured Guaranty Municipal insured, 4.00% 2022 | 2,280 | 2,610 |
Health Care Facs. Fncg. Auth., Rev. Ref. Bonds (University Hospital), Series 2015-A, Assured Guaranty Municipal insured, 5.00% 2021 | 375 | 440 |
Higher Education Student Assistance Auth., Student Loan Rev. Bonds, Series 2012-1A, AMT, 4.00% 2017 | 3,500 | 3,631 |
Higher Education Student Assistance Auth., Student Loan Rev. Bonds, Series 2012-1A, AMT, 5.00% 2018 | 2,000 | 2,167 |
Higher Education Student Assistance Auth., Student Loan Rev. Bonds, Series 2016-1-A, AMT, 5.00% 2020 | 750 | 845 |
Higher Education Student Assistance Auth., Student Loan Rev. Bonds, Series 2016-1-A, AMT, 5.00% 2021 | 2,000 | 2,290 |
Higher Education Student Assistance Auth., Student Loan Rev. Ref. Bonds, Series 2014-1A1, AMT, 5.00% 2018 |
2,250 | 2,438 |
Transit Corp., Grant Anticipation Notes (Federal Transit Administration Section 5307 Urbanized Area Formula Funds), Series 2014-A, 5.00% 2018 | 2,000 | 2,142 |
Transit Corp., Grant Anticipation Notes (Federal Transit Administration Section 5307 Urbanized Area Formula Funds), Series 2014-A, 5.00% 2019 | 1,000 | 1,100 |
Transportation Trust Fund Auth., Transportation System Bonds, Series 2012-AA, 5.00% 2017 | 1,000 | 1,035 |
Turnpike Auth., Turnpike Rev. Ref. Bonds, Series 2013-D, 1.06% 2023 (put 2017)1 | 4,000 | 4,000 |
Turnpike Auth., Turnpike Rev. Ref. Bonds, Series 2013-D, 1.12% 2024 (put 2018)1 | 2,000 | 2,004 |
31,323 | ||
New Mexico 0.97% | ||
Educational Assistance Foundation, Education Loan Rev. Ref. Bonds, Series 2010-A-2, 1.323% 20281 | 35 | 35 |
City of Farmington, Pollution Control Rev. Ref. Bonds (Southern California Edison Company Four Corners Project), 1.875% 2029 (put 2020) | 2,000 | 2,056 |
City of Farmington, Pollution Control Rev. Ref. Bonds (Southern California Edison Company Four Corners Project), Series 2005-B, 1.875% 2029 (put 2020) | 2,250 | 2,313 |
Mortgage Fin. Auth., Single Family Mortgage Program Bonds, Series 2009-D, Class I, 5.35% 2040 | 680 | 723 |
Mortgage Fin. Auth., Single Family Mortgage Program Bonds, Series 2012-A, Class I, 4.25% 2043 | 1,030 | 1,107 |
Mortgage Fin. Auth., Single Family Mortgage Program Bonds, Series 2016-A-2, Class I, AMT, 3.50% 2046 | 1,250 | 1,342 |
7,576 | ||
New York 9.82% | ||
Dormitory Auth., School Districts Rev. Bond Fncg. Program Rev. Bonds, Series 2016-A, 5.00% 2022 | 4,165 | 5,091 |
Dormitory Auth., State Personal Income Tax Rev. Bonds (Education), Series 2015-B-A, 5.00% 2017 | 3,000 | 3,075 |
Dormitory Auth., State Personal Income Tax Rev. Bonds (General Purpose), Series 2014-A, 5.00% 2020 | 2,000 | 2,300 |
Erie County, Industrial Dev. Agcy., School Fac. Rev. Ref. Bonds (City School Dist. of the City of Buffalo Project), Series 2012-A, 5.00% 2018 | 1,500 | 1,616 |
Various Purpose G.O. Bonds, Series 2016-B, 5.00% 2022 | 1,000 | 1,211 |
Metropolitan Transportation Auth., Dedicated Tax Fund Rev. Ref. Bonds, Series 2002-B-3A, 1.19% 20171 | 2,000 | 2,003 |
Metropolitan Transportation Auth., Dedicated Tax Fund Rev. Ref. Bonds, Series 2008-A-2B, 1.02% 2031 (put 2019)1 |
2,500 | 2,492 |
Metropolitan Transportation Auth., Dedicated Tax Fund Rev. Ref. Bonds, Series 2008-B-3C, 0.89% 2034 (put 2019)1 |
2,000 | 1,985 |
Metropolitan Transportation Auth., Transportation Rev. Bonds, Series 2011-D, 5.00% 2016 |
1,000 | 1,014 |
Metropolitan Transportation Auth., Transportation Rev. Bonds, Series 2014-A-1, 4.00% 2019 |
750 | 829 |
Metropolitan Transportation Auth., Transportation Rev. Bonds, Series 2014-C, 5.00% 2020 |
2,000 | 2,342 |
Metropolitan Transportation Auth., Transportation Rev. Bonds, Series 2015-A-2, 1.02% 2039 (put 2020)1 | 6,250 | 6,210 |
Mortgage Agcy., Homeowner Mortgage Rev. Bonds, Series 178, 3.50% 2043 | 1,765 | 1,821 |
American Funds Short-Term Tax-Exempt Bond Fund — Page 9 of 15
Bonds, notes & other debt instruments New York (continued) |
Principal amount (000) |
Value (000) |
Mortgage Agcy., Homeowner Mortgage Rev. Bonds, Series 191, 3.50% 2034 | $3,270 | $3,430 |
Mortgage Agcy., Homeowner Mortgage Rev. Bonds, Series 195, 4.00% 2046 | 3,000 | 3,298 |
Mortgage Agcy., Homeowner Mortgage Rev. Bonds, Series 197, 3.50% 2044 | 1,000 | 1,088 |
Mortgage Agcy., Homeowner Mortgage Rev. Bonds, Series 52, AMT, 3.50% 2030 | 1,000 | 1,069 |
City of New York, G.O. Bonds, Fiscal 2004, Series 2014-A-6, 0.94% 20311 | 2,500 | 2,496 |
City of New York, G.O. Bonds, Series 2008-J-4, 0.99% 20251 | 6,000 | 6,000 |
City of New York, G.O. Bonds, Series 2011-I-1, 5.00% 2017 | 1,000 | 1,045 |
City of New York, G.O. Bonds, Series 2012-I, 5.00% 2018 | 1,000 | 1,088 |
City of New York, G.O. Bonds, Series 2014-A, 5.00% 2020 | 1,500 | 1,745 |
New York City Transitional Fin. Auth., Future Tax Secured Bonds, Series B, 5.00% 2017 | 1,000 | 1,023 |
New York City Transitional Fin. Auth., Future Tax Secured Rev. Ref. Bonds, Series 2011-E, 5.00% 2016 | 1,000 | 1,012 |
New York City, Health and Hospitals Corp., Health System Rev. Ref. Bonds, Series 2010-A, 5.00% 2017 | 3,000 | 3,073 |
Port Auth., Consolidated Rev. Ref. Bonds, Series 169, AMT, 5.00% 2017 | 1,000 | 1,052 |
Port Auth., Consolidated Rev. Ref. Bonds, Series 185, AMT, 5.00% 2020 | 2,000 | 2,316 |
Port Auth., Consolidated Rev. Ref. Bonds, Series 186, AMT, 5.00% 2021 | 2,000 | 2,378 |
County of Rockland G.O. Bonds, Series 2014-A, Assured Guaranty Municipal insured, 5.00% 2019 | 675 | 741 |
Thruway Auth., General Rev. Junior Indebtedness Obligations, Series 2013-A, 5.00% 2019 | 4,700 | 5,254 |
Transportation Dev. Corp., Special Fac. Rev. Ref. Bonds (Terminal One Group Association, L.P. Project), 5.00% 2022 |
1,000 | 1,187 |
Transportation Dev. Corp., Special Fac. Rev. Ref. Bonds (Terminal One Group Association, L.P. Project), AMT, 5.00% 2020 | 1,500 | 1,701 |
Transportation Dev. Corp., Special Fac. Rev. Ref. Bonds (Terminal One Group Association, L.P. Project), AMT, 5.00% 2021 | 750 | 871 |
Triborough Bridge and Tunnel Auth., General Rev. Ref. Bonds (MTA Bridges and Tunnels), Series 2000-ABCD-4, Assured Guaranty Municipal insured, 0.79% 20181 |
750 | 748 |
Urban Dev. Corp., State Personal Income Tax Rev. Bonds (Econ. Dev. and Housing), Series 2009-A-1, 5.00% 2017 |
2,010 | 2,135 |
76,739 | ||
North Carolina 0.35% | ||
Medical Care Commission, Health Care Facs. Rev. Ref. Bonds (Wake Forest Baptist Obligated Group), Series 2012-C, 1.18% 2033 (put 2017)1 |
2,710 | 2,702 |
North Dakota 0.75% | ||
Housing Fin. Agcy., Housing Fin. Program Bonds (Home Mortgage Fin. Program), Series 2012-A, 3.75% 2042 | 2,350 | 2,484 |
Housing Fin. Agcy., Housing Fin. Program Bonds (Home Mortgage Fin. Program), Series 2014-A, 4.00% 2034 | 495 | 535 |
Housing Fin. Agcy., Housing Fin. Program Bonds (Home Mortgage Fin. Program), Series 2015-A, 4.00% 2038 | 580 | 627 |
Housing Fin. Agcy., Housing Fin. Program Bonds (Home Mortgage Fin. Program), Series 2016-B, AMT, 4.00% 2047 |
2,000 | 2,187 |
5,833 | ||
Ohio 2.06% | ||
City of Cleveland, Airport System Rev. Bonds, Series 2000-C, Assured Guaranty Municipal insured, 5.00% 2017 |
2,500 | 2,546 |
City of Cleveland, Airport System Rev. Ref. Bonds, Series 2016-B, Assured Guaranty Municipal insured, 5.00% 2022 |
815 | 953 |
Higher Education G.O. Ref. Bonds, Series 2011-A, 5.00% 2016 | 1,750 | 1,760 |
Housing Fin. Agcy., Residential Mortgage Rev. Ref. Bonds (Mortgage-backed Securities Program), Series 2016-D, 4.00% 2047 |
1,600 | 1,763 |
Housing Fin. Agcy., Single Family Mortgage Rev. Bonds, Series 2010-1, 5.00% 2028 | 740 | 781 |
Housing Fin. Agcy., Single Family Mortgage Rev. Bonds, Series 2011-1, 4.80% 2028 | 360 | 386 |
Kent State University, Rev. General Receipts, Series 2016, 4.00% 2022 | 1,000 | 1,153 |
Major New State Infrastructure Project Rev. Bonds, Series 2012-1, 4.00% 2018 | 1,750 | 1,889 |
Major New State Infrastructure Project Rev. Bonds, Series 2012-1, 5.00% 2017 | 1,000 | 1,061 |
American Funds Short-Term Tax-Exempt Bond Fund — Page 10 of 15
Bonds, notes & other debt instruments Ohio (continued) |
Principal amount (000) |
Value (000) |
Major New State Infrastructure Project, Rev. Bonds, Series 2016-1, 5.00% 2023 | $1,000 | $1,251 |
Solid Waste Disposal Rev. Bonds (Waste Management Inc. Project), Series 2002, AMT, 1.70% 2022 (put 2018) | 2,500 | 2,534 |
16,077 | ||
Oklahoma 0.48% | ||
Municipal Power Auth., Power Supply System Rev. Ref. Bonds, Series 2005-A, 1.24% 2023 (put 2018)1 | 1,500 | 1,498 |
Trustees of the Tulsa Airports Improvement Trust, General Airport Rev. Bonds, Series 2015-A, AMT, BAM insured, 4.00% 2017 |
985 | 1,008 |
Turnpike Auth., Turnpike System Rev. Ref. Bonds, Series 2011-A, 5.00% 2017 | 1,215 | 1,239 |
3,745 | ||
Oregon 1.31% | ||
Dept. of Administrative Services, Lottery Rev. Ref. Bonds, Series 2012-B, 5.00% 2018 | 1,300 | 1,397 |
Facs. Auth., Rev. Ref. Bonds (Providence Health & Services), Series 2013-C, 1.32% 2020 (put 2017)1 | 1,500 | 1,500 |
Facs. Auth., Rev. Ref. Bonds (Providence Health & Services), Series 2013-C, 1.44% 2022 (put 2018)1 | 3,000 | 3,000 |
G.O. Bonds (Veterans’ Welfare Bonds Series 94), Series 2014-H, 4.00% 2044 | 3,050 | 3,350 |
Tri-County Metropolitan Transportation Dist., Payroll Tax and Grant Receipt Rev. Bonds, Series 2013, 3.00% 2016 |
1,000 | 1,001 |
10,248 | ||
Pennsylvania 2.82% | ||
East Hempfield Township, Industrial Dev. Auth., Rev. and Rev. Ref. Bonds (Willow Valley Communities Project), 4.00% 2019 | 450 | 492 |
East Hempfield Township, Industrial Dev. Auth., Rev. and Rev. Ref. Bonds (Willow Valley Communities Project), 4.00% 2020 | 500 | 558 |
Econ. Dev. Fncg. Auth., Unemployment Compensation Rev. Bonds, Series 2012-B, 5.00% 2021 |
4,000 | 4,248 |
Housing Fin. Agcy., Single Family Mortgage Rev. Bonds, Series 2015-117-A, AMT, 3.50% 2040 | 1,795 | 1,907 |
Housing Fin. Agcy., Single Family Mortgage Rev. Bonds, Series 2015-118-A, AMT, 3.50% 2040 | 1,910 | 2,026 |
Housing Fin. Agcy., Single Family Mortgage Rev. Bonds, Series 2016-119, 3.50% 2041 | 1,000 | 1,069 |
Housing Fin. Agcy., Single Family Mortgage Rev. Bonds, Series 2016-120, 3.50% 2046 | 1,000 | 1,080 |
Pennsylvania State University, Rev. Ref. Bonds, Series 2016-B, 5.00% 2022 | 350 | 429 |
State Public School Building Auth., School Lease Rev. Bonds (School Dist. of Philadelphia Project), Series 2012, 5.00% 2017 |
2,500 | 2,560 |
Turnpike Commission, Turnpike Rev. Bonds, Series 2013-A, 1.12% 20181 | 1,500 | 1,498 |
Turnpike Commission, Turnpike Rev. Bonds, Series 2014-B-1, 1.42% 20211 | 1,100 | 1,096 |
Turnpike Commission, Turnpike Rev. Bonds, Series 2015-A-2, 1.24% 2045 (put 2018)1 | 1,000 | 1,000 |
Turnpike Commission, Turnpike Rev. Bonds, Series 2016, 5.00% 2021 | 3,500 | 4,103 |
22,066 | ||
Puerto Rico 0.08% | ||
Industrial, Tourist, Educational, Medical and Environmental Control Facs. Fncg. Auth., Higher Education Rev. and Rev. Ref. Bonds (Inter American University of Puerto Rico Project), Series 2012, 5.00% 2016 | 620 | 621 |
Rhode Island 1.13% | ||
Commerce Corp., Grant Anticipation Rev. Ref. Bonds (Dept. of Transportation), Series 2016-A, 5.00% 2020 | 1,990 | 2,283 |
Commerce Corp., Grant Anticipation Rev. Ref. Bonds (Dept. of Transportation), Series 2016-A, 5.00% 2021 | 1,280 | 1,504 |
Housing and Mortgage Fin. Corp., Homeownership Opportunity Bonds, Series 66-A-1, 4.00% 2033 | 3,275 | 3,517 |
Student Loan Auth., Student Loan Program Rev. Bonds, Series 2014-A, AMT, 5.00% 2016 | 450 | 457 |
Student Loan Auth., Student Loan Program Rev. Bonds, Series 2014-A, AMT, 5.00% 2017 | 700 | 736 |
Student Loan Auth., Student Loan Program Rev. Bonds, Series 2016-A, AMT, 5.00% 2018 | 300 | 325 |
8,822 |
American Funds Short-Term Tax-Exempt Bond Fund — Page 11 of 15
Bonds, notes & other debt instruments South Carolina 0.66% |
Principal amount (000) |
Value (000) |
Public Service Auth., Rev. Obligations (Santee Cooper), Series 2012-A, 4.00% 2020 | $2,945 | $3,325 |
Public Service Auth., Rev. Obligations (Santee Cooper), Series 2015-C, 5.00% 2021 | 1,500 | 1,803 |
5,128 | ||
South Dakota 0.63% | ||
Housing Dev. Agcy., Residential Fin. Program Bonds, Series 2014-E, 4.00% 2044 | 1,255 | 1,365 |
Housing Dev. Auth., Homeownership Mortgage Bonds, Series 2013-A, AMT, 3.00% 2030 | 660 | 687 |
Housing Dev. Auth., Homeownership Mortgage Bonds, Series 2013-E, AMT, 4.00% 2044 |
370 | 393 |
Housing Dev. Auth., Homeownership Mortgage Bonds, Series 2015-D, 4.00% 2045 | 1,220 | 1,349 |
Housing Dev. Auth., Homeownership Mortgage Rev. Ref. Bonds, Series 2012-A, AMT, 4.50% 2031 | 1,055 | 1,136 |
4,930 | ||
Tennessee 1.73% | ||
Health and Educational Facs. Board of the Metropolitan Government of Nashville and Davidson County, Rev. Bonds (Vanderbilt University), Series 2012-B, 1.04% 2038 (preref. 2017)1 | 500 | 500 |
Health and Educational Facs. Board of the Metropolitan Government of Nashville and Davidson County, Rev. Bonds (Vanderbilt University), Series 2012-B, 1.04% 2038 (put 2017)1 | 500 | 499 |
Housing Dev. Agcy., Homeownership Program Bonds, Issue 2012-1-C, 4.50% 2037 | 875 | 940 |
Housing Dev. Agcy., Homeownership Program Bonds, Issue 2012-2-C, 4.00% 2038 | 635 | 678 |
Housing Dev. Agcy., Homeownership Program Rev. Ref. Bonds, Issue 2011-1-A, AMT, 4.50% 2031 |
1,525 | 1,637 |
Housing Dev. Agcy., Homeownership Program Rev. Ref. Bonds, Issue 2012-1-A, AMT, 4.50% 2038 |
740 | 789 |
Housing Dev. Agcy., Residential Fin. Program Bonds, 4.00% 2046 | 480 | 526 |
Housing Dev. Agcy., Residential Fin. Program Bonds, Issue 2013-1-C, 3.00% 2038 | 1,365 | 1,427 |
Housing Dev. Agcy., Residential Fin. Program Bonds, Series 2013-2-A, AMT, 4.00% 2043 | 745 | 801 |
Housing Dev. Agcy., Residential Fin. Program Bonds, Series 2014-1-A, AMT, 4.00% 2039 | 1,755 | 1,901 |
Housing Dev. Agcy., Residential Fin. Program Bonds, Series 2014-2-A, AMT, 4.00% 2045 | 1,470 | 1,589 |
Housing Dev. Agcy., Residential Fin. Program Bonds, Series 2014-2-C, 4.00% 2045 | 1,115 | 1,204 |
Housing Dev. Agcy., Residential Fin. Program Bonds, Series 2016-1-B, 3.50% 2047 | 960 | 1,040 |
13,531 | ||
Texas 7.37% | ||
Transportation Commission, Central Texas Turnpike System Rev. Ref. Bonds, Series 2015-A, 5.00% 2042 (put 2020) |
2,000 | 2,283 |
City of Dallas, G.O. Limited Bonds, 5.00% 2018 (preref. 2017) | 1,610 | 1,649 |
Cities of Dallas and Fort Worth, Dallas/Fort Worth International Airport, Joint Rev. Improvement Bonds, Series 2013-E, AMT, 5.00% 2019 |
2,000 | 2,263 |
Cities of Dallas and Fort Worth, Dallas/Fort Worth International Airport, Joint Rev. Improvement Bonds, Series 2013-F, 5.00% 2018 |
1,000 | 1,095 |
Cities of Dallas and Fort Worth, Dallas/Fort Worth International Airport, Joint Rev. Improvement Bonds, Series 2013-F, 5.00% 2019 |
500 | 566 |
Grand Parkway Transportation Corp., Grand Parkway System Toll Rev. Ref. Bond Anticipation Notes, Series 2014-A, 3.00% 2016 |
8,150 | 8,230 |
Harris County, Health Facs. Dev. Corp., Hospital Rev. Ref. Bonds (Memorial Hermann Healthcare System), Series 2014-B, 1.02% 2042 (put 2019)1 | 2,000 | 1,995 |
Harris County, Toll Road Rev. Bonds, Series 2012-B, 1.14% 2021 (put 2018)1 | 2,500 | 2,498 |
Harris County, Toll Road Rev. Ref. Bonds, Series 2016-A, 5.00% 2022 | 400 | 489 |
City of Houston, Airport System Rev. Ref. Bonds, Series 2012-A, AMT, 5.00% 2018 | 1,000 | 1,079 |
City of Houston, Combined Utility System Rev. Ref. Bonds, Series 2012-B, 1.19% 2034 (put 2017)1 | 2,450 | 2,449 |
City of Houston, Combined Utility System Rev. Ref. Bonds, Series 2012-C, 1.04% 2034 (put 2016)1 | 1,000 | 1,000 |
City of Houston, Combined Utility System Rev. Ref. Bonds, Series 2014-C, 5.00% 2020 | 1,000 | 1,156 |
Mission Econ. Dev. Corp., Solid Waste Disposal Rev. Bonds (Waste Management, Inc. Project), Series 2008, AMT, 2.50% 2020 (put 2013) | 2,000 | 2,073 |
American Funds Short-Term Tax-Exempt Bond Fund — Page 12 of 15
Bonds, notes & other debt instruments Texas (continued) |
Principal amount (000) |
Value (000) |
North Central Texas Health Facs. Dev. Corp., Hospital Rev. Ref. Bonds (Children’s Medical Center of Dallas Project), Series 2012, 5.00% 2018 | $1,000 | $1,089 |
North Texas Tollway Auth., System Rev. Ref. Bonds, Series 2011-A, 1.24% 2050 (put 2019)1 | 1,300 | 1,300 |
North Texas Tollway Auth., System Rev. Ref. Bonds, Series 2012-C, 1.95% 2038 (put 2019) | 2,380 | 2,428 |
North Texas Tollway Auth., System Rev. Ref. Bonds, Series 2016-A, 5.00% 2022 | 600 | 717 |
City of San Antonio, Airport System Rev. Ref. Bonds, Series 2012, AMT, 5.00% 2017 | 1,050 | 1,092 |
City of San Antonio, Electric and Gas Systems Rev. Ref. Bonds, 5.00% 2018 | 2,000 | 2,133 |
City of San Antonio, Electric and Gas Systems Rev. Ref. Bonds, Series 2012-C, 2.00% 2027 (put 2016) |
1,160 | 1,165 |
City of San Antonio, Electric and Gas Systems Rev. Ref. Bonds, Series 2015-B, 0.82% 2033 (put 2018)1 | 6,000 | 5,980 |
City of San Antonio, Passenger Fac. Charge and Airport System Rev. Ref. Bonds, Series 2012, AMT, 5.00% 2018 |
1,515 | 1,623 |
Tarrant County Cultural Education Facs. Fin. Corp., Hospital Rev. Bonds (Baylor Scott & White Health Project), Series 2016-A, 5.00% 2019 | 1,000 | 1,139 |
Tarrant County Cultural Education Facs. Fin. Corp., Hospital Rev. Bonds (Baylor Scott & White Health Project), Series 2016-A, 5.00% 2020 | 750 | 881 |
Transportation Commission, G.O. Mobility Fund Bonds, Series 2014-B, 0.82% 2041 (put 2018)1 |
6,500 | 6,460 |
Transportation Commission, State Highway Fund Rev. Bonds, Series 2014-B, 0.79% 2032 (put 2017)1 | 1,600 | 1,599 |
Water Dev. Board, State Revolving Fund, Rev. Bonds, Program Series 2015-A, 4.00% 2020 | 1,000 | 1,119 |
57,550 | ||
Utah 0.28% | ||
Intermountain Power Agcy., Subordinated Power Supply Rev. Ref. Bonds, Series 2013-A, 5.00% 2018 | 2,000 | 2,167 |
Vermont 0.32% | ||
Educational and Health Buildings Fncg. Agcy., Rev. Bonds (The University of Vermont Medical Center Project), Series 2016-A, 4.00% 2020 | 750 | 840 |
Student Assistance Corp., Education Loan Rev. Notes, Series 2012-B, AMT, 2.153% 20221 | 1,617 | 1,635 |
2,475 | ||
Virginia 0.87% | ||
Commonwealth Transportation Board, Federal Transportation Grant Anticipation Rev. Notes, Series 2013-A, 5.00% 2020 | 3,000 | 3,454 |
Fairfax County, Industrial Dev. Auth., Health Care Rev. Bonds (Inova Health System Project), Series 2016-A, 5.00% 2021 | 1,000 | 1,194 |
Fairfax County, Industrial Dev. Auth., Health Care Rev. Ref. Bonds (Inova Health System Project), Series 2009-A, 5.00% 2019 |
1,000 | 1,119 |
Industrial Dev. Auth. of Wise County, Solid Waste and Sewage Disposal Rev. Bonds (Virginia Electric and Power Co. Project), Series 2009-A, 2.15% 2040 (put 2020) | 1,000 | 1,041 |
6,808 | ||
Washington 3.41% | ||
Econ. Dev. Fin. Auth., Solid Waste Disposal Rev. Bonds (Waste Management, Inc. Project), Series 2008, 2.125% 20202 | 2,500 | 2,571 |
Energy Northwest, Electric Rev. Ref. Bonds (Project No. 1), Series 2012-A, 5.00% 2017 | 5,000 | 5,209 |
Federal Highway Grant Anticipation Rev. Bonds (SR 520 Corridor Program), Series 2012-F, 5.00% 2018 | 2,000 | 2,178 |
Federal Highway Grant Anticipation Rev. Bonds (SR 520 Corridor Program), Series 2014-C, 5.00% 2018 | 1,750 | 1,906 |
Various Purpose G.O. Ref. Bonds, Series R-2012-A, 5.00% 2017 | 1,250 | 1,302 |
Public Utility Dist. No. 2 of Grant County, Electric System Rev. Ref. Bonds, Series 2011-I, 5.00% 2017 (escrowed to maturity) |
1,250 | 1,274 |
Health Care Facs. Auth., Rev. Bonds (Providence Health & Services), Series 2012-B, 4.00% 2042 (put 2021) | 250 | 283 |
Health Care Facs. Auth., Rev. Ref. Bonds (PeaceHealth), Series 2014-A, 5.00% 2019 | 500 | 565 |
Health Care Facs. Auth., Rev. Ref. Bonds (Providence Health & Services), Series 2012-A, 5.00% 2018 | 500 | 547 |
American Funds Short-Term Tax-Exempt Bond Fund — Page 13 of 15
Bonds, notes & other debt instruments Washington (continued) |
Principal amount (000) |
Value (000) |
Health Care Facs. Auth., Rev. Bonds (Catholic Health Initiatives), Series 2013-B-1, 1.44% 2035 (put 2021)1 | $2,500 | $2,481 |
Housing Fin. Commission, Homeownership Program Bonds, Series 2010-A, 4.70% 2028 | 345 | 366 |
Housing Fin. Commission, Single Family Program Bonds, Series 2014-1-N, 3.00% 2037 | 980 | 1,014 |
Housing Fin. Commission, Single Family Program Bonds, Series 2014-2A-R, AMT, 3.50% 2044 | 2,045 | 2,169 |
Housing Fin. Commission, Single Family Program Rev. Ref. Bonds, Series 2013-1-N, 3.00% 2043 | 510 | 525 |
City of Seattle, Municipal Light and Power Improvement and Rev. Ref. Bonds, Series 2015-B-1, 1.12% 2045 (put 2018)1 |
1,000 | 1,000 |
Port of Seattle, Rev. Ref. Bonds, Series 2015-B, 5.00% 2020 | 1,000 | 1,149 |
Tobacco Settlement Auth., Tobacco Settlement Rev. Ref. Bonds, Series 2013, 5.00% 2022 | 900 | 1,059 |
Tobacco Settlement Auth., Tobacco Settlement Rev. Ref. Bonds, Series 2013, 5.00% 2026 | 1,000 | 1,003 |
26,601 | ||
West Virginia 0.34% | ||
Monongalia County, Building Commission, Ref. and Improvement Rev. Bonds (Monongalia Health System Obligated Group), Series 2015, 5.00% 2020 | 1,135 | 1,298 |
West Virginia University, Board of Governors Improvement Rev. Bonds (West Virginia University Projects), Series 2014-C, 0.97% 2041 (put 2019)1 | 1,375 | 1,366 |
2,664 | ||
Wisconsin 2.67% | ||
G.O. Bonds, Series 2016-1, 5.00% 2022 | 1,000 | 1,234 |
Health and Educational Facs. Auth., Rev. Bonds (UnityPoint Health), Series 2014-A, 5.00% 2017 | 325 | 344 |
Health and Educational Facs. Auth., Rev. Bonds (UnityPoint Health), Series 2014-A, 5.00% 2018 | 435 | 478 |
Health and Educational Facs. Auth., Rev. Bonds (Ascension Health Alliance Senior Credit Group), Series 2013-B-2, 4.00% 2043 (put 2019) |
1,000 | 1,087 |
Health and Educational Facs. Auth., Rev. Bonds (Ascension Health Alliance Senior Credit Group), Series 2013-B-3, 5.00% 2043 (put 2020) |
4,500 | 5,178 |
Health and Educational Facs. Auth., Rev. Ref. Bonds (Aurora Health Care, Inc.), Series 2012-A, 5.00% 2017 | 2,000 | 2,071 |
Housing and Econ. Dev. Auth., Home Ownership Rev. Bonds, Series 2015-A, AMT, 4.00% 2045 |
2,345 | 2,518 |
Housing and Econ. Dev. Auth., Home Ownership Rev. Bonds, Series 2016-A, AMT, 3.50% 2046 |
4,000 | 4,260 |
Public Fin. Auth., Solid Waste Disposal Rev. Ref. Bonds (Waste Management, Inc. Project), Series 2016-A-4, AMT, 2.00% 2033 (put 2021) | 1,500 | 1,536 |
Transportation Rev. Ref. Bonds, Series 2012-2, 4.00% 2018 | 2,000 | 2,133 |
20,839 | ||
Wyoming 0.33% | ||
Community Dev. Auth., Housing Rev. Bonds, Series 2015-3, 3.00% 2044 | 935 | 981 |
Community Dev. Auth., Housing Rev. Bonds, Series 2015-6, 4.00% 2045 | 1,440 | 1,575 |
2,556 | ||
Total bonds, notes & other debt instruments (cost: $717,940,000) | 726,950 | |
Short-term securities 6.39% | ||
State of California, Educational Facs. Auth., Higher Education Commercial Paper, Series 2016-S-4, 0.44% 10/5/2016 |
5,000 | 5,000 |
State of Maryland, Montgomery County, Consolidated Public Improvement Bond Anticipation Notes, Series 2006-A, 0.39% 20261 |
3,500 | 3,500 |
State of Maryland, Montgomery County, Consolidated Public Improvement Bond Anticipation Notes, Series 2009-B, 0.45% 8/9/2016 |
2,000 | 2,000 |
State of Massachusetts, Health and Educational Facs. Auth., Higher Education Commercial Paper, Series 2016-EE, 0.43% 9/6/2016 |
4,811 | 4,811 |
American Funds Short-Term Tax-Exempt Bond Fund — Page 14 of 15
Short-term securities | Principal amount (000) |
Value (000) |
State of Massachusetts, School Building Auth., Dedicated Sales Tax Rev. Ref. Bonds, Series 2015-C, 5.00% 8/15/2016 |
$4,000 | $4,008 |
State of Missouri, Health and Educational Facs. Auth., Demand Educational Facs. Rev. Ref. Bonds (St. Louis University), Series 2008-A-2, 0.37% 20351 | 1,000 | 1,000 |
State of New York, Metropolitan Transportation Auth., Transportation Rev. Bond Anticipation Notes, Series 2015-B-1-G, 1.00% 8/1/2016 |
12,000 | 12,001 |
State of New York, Metropolitan Transportation Auth., Transportation Rev. Bond Anticipation Notes, Series 2016-A-1-F 2.00% 10/1/2016 |
1,000 | 1,003 |
State of New York, City of New York, G.O. Bonds, Series 1994-E-2, 0.39% 20201 | 3,000 | 3,000 |
State of New York, New York City Transitional Fin. Auth., Future Tax Secured Rev. Ref. Bonds, Series 2016-E-4, 0.39% 20451 | 2,000 | 2,000 |
State of New York, New York City, Transitional Fin. Auth., New York City Recovery Bonds, Fiscal Series 2003-1, Subseries 1-C, 0.39% 20221 | 3,585 | 3,585 |
State of Oregon, Full Faith and Credit Tax Anticipation Notes, Series 2015-A, 2.00% 9/15/2016 |
3,000 | 3,006 |
State of Virginia, Industrial Dev. Auth. of Loudoun County, Virginia, Multi-Modal Rev. Bonds (Howard Hughes Medical Institute Issue), Series 2003-E, 0.44% 20381 | 5,000 | 5,000 |
Total short-term securities (cost: $49,911,000) | 49,914 | |
Total investment securities 99.46% (cost: $767,851,000) | 776,864 | |
Other assets less liabilities 0.54% | 4,249 | |
Net assets 100.00% | $781,113 |
1 | Coupon rate may change periodically. For short-term securities, the date of the next scheduled coupon rate change is considered to be the maturity date. |
2 | Acquired in a transaction exempt from registration under Rule 144A of the Securities Act of 1933. May be resold in the U.S. in transactions exempt from registration, normally to qualified institutional buyers. The total value of all such securities was $2,571,000, which represented .33% of the net assets of the fund. |
Key to abbreviations | |
Agcy. = Agency | Fin. = Finance |
AMT = Alternative Minimum Tax | Fncg. = Financing |
Auth. = Authority | G.O. = General Obligation |
Certs. of Part. = Certificates of Participation | LOC = Letter of Credit |
Dept. = Department | Preref. = Prerefunded |
Dev. = Development | Redev. = Redevelopment |
Dist. = District | Ref. = Refunding |
Econ. = Economic | Rev. = Revenue |
Fac. = Facility | TECP = Tax-Exempt Commercial Paper |
Facs. = Facilities |
Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value.
Investors should carefully consider investment objectives, risks, charges and expenses. This and other important information is contained in the fund prospectus and summary prospectus, which can be obtained from your financial professional and should be read carefully before investing. You may also call American Funds Service Company (AFS) at (800) 421-4225 or visit the American Funds website at americanfunds.com.
MFGEFPX-039-0916O-S54056 | American Funds Short-Term Tax-Exempt Bond Fund — Page 15 of 15 |
Report of Independent Registered Public Accounting Firm
To the Board of Trustees and Shareholders of American Funds Short-Term Tax-Exempt Bond Fund, Limited Term Tax-Exempt Bond Fund of America, The Tax-Exempt Bond Fund of America, American High-Income Municipal Bond Fund, The Tax-Exempt Fund of California and American Funds Tax-Exempt Fund of New York
In our opinion, the accompanying statements of assets and liabilities, including the summary investment portfolios, and the related statements of operations and of changes in net assets and the financial highlights (included in Item 1 of this Form N-CSR) and the investment portfolios (included in Item 6 of this Form N-CSR) present fairly, in all material respects, the financial position of American Funds Short-Term Tax-Exempt Bond Fund, Limited Term Tax-Exempt Bond Fund of America, The Tax-Exempt Bond Fund of America, American High-Income Municipal Bond Fund, The Tax-Exempt Fund of California and American Funds Tax-Exempt Fund of New York (the “Funds”) at July 31, 2016, the results of each of their operations for the year then ended, the changes in each of their net assets and the financial highlights for each of the periods presented (other than as noted below for The Tax-Exempt Fund of California), in conformity with accounting principles generally accepted in the United States of America. These financial statements, financial highlights, and investment portfolios (hereafter referred to as "financial statements") are the responsibility of the Funds’ management. Our responsibility is to express an opinion on these financial statements based on our audits. We conducted our audits of these financial statements in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, and evaluating the overall financial statement presentation. We believe that our audits, which included confirmation of securities at July 31, 2016 by correspondence with the custodians and brokers, provide a reasonable basis for our opinion. The financial highlights of The Tax-Exempt Fund of California for each of the periods ended on or before July 31, 2013, were audited by another independent registered public accounting firm whose report dated September 9, 2013, expressed an unqualified opinion on those financial highlights.
PricewaterhouseCoopers LLP
Los Angeles, California
September 12, 2016
Limited
Term Tax-Exempt Bond Fund of
America®
Investment portfolio
July 31, 2016
Bonds, notes & other debt instruments 91.34% Alabama 1.30% |
Principal amount (000) |
Value (000) |
21st Century Auth., Tobacco Settlement Rev. Ref. Bonds, Series 2012-A, 5.00% 2020 | $4,000 | $4,567 |
21st Century Auth., Tobacco Settlement Rev. Ref. Bonds, Series 2012-A, 5.00% 2021 | 3,305 | 3,863 |
Black Belt Energy Gas Dist., Gas Supply Rev. Bonds, Series 2016-A, 4.00% 2046 (put 2021) | 18,500 | 20,732 |
Federal Aid Highway Fin. Auth., Federal Highway Grant Anticipation Bonds, Series 2012, 5.00% 2018 | 1,000 | 1,089 |
Federal Aid Highway Fin. Auth., Federal Highway Grant Anticipation Bonds, Series 2012, 5.00% 2022 | 5,385 | 6,525 |
Federal Aid Highway Fin. Auth., Federal Highway Grant Anticipation Bonds, Series 2012, 5.00% 2023 | 2,500 | 3,008 |
The Medical Clinic Board of the City of Montgomery, Health Care Fac. Rev. Bonds (Jackson Hospital & Clinic), 5.00% 2021 | 2,065 | 2,364 |
The Medical Clinic Board of the City of Montgomery, Health Care Fac. Rev. Bonds (Jackson Hospital & Clinic), 5.00% 2023 | 1,125 | 1,333 |
Special Care Facs. Fncg. Auth. of the City of Pell City, Rev. Ref. Bonds (Noland Health Services, Inc.), Series 2012-A, 5.00% 2020 |
1,140 | 1,311 |
Board of Trustees of the University of Alabama, Birmingham Hospital Rev. Ref. Bonds, Series 2008-A, 5.25% 2017 |
1,160 | 1,215 |
Board of Trustees of the University of Alabama, General Rev. Ref. Bonds, Series 2012-A, 5.00% 2020 | 2,500 | 2,903 |
48,910 | ||
Alaska 0.06% | ||
International Airport System, Rev. Ref. Bonds, Series 2016-D, AMT, 5.00% 2017 | 2,010 | 2,109 |
Arizona 1.30% | ||
Health Facs. Auth., Rev. Ref. Bonds (Phoenix Children’s Hospital), Series 2013-A-1, 2.29% 2048 (put 2020)1 | 4,000 | 4,076 |
City of Glendale, Water and Sewer Rev. Ref. Obligations, Series 2012, 5.00% 2020 | 1,550 | 1,799 |
City of Glendale, Water and Sewer Rev. Ref. Obligations, Series 2012, 5.00% 2021 | 1,000 | 1,192 |
Industrial Dev. Auth. of the City of Glendale, Rev. Ref. Bonds (Midwestern University), Series 2007, 5.25% 2018 |
1,135 | 1,222 |
Health Facs. Auth., Rev. Bonds (Scottsdale Lincoln Hospitals Project), Series 2014-A, 5.00% 2024 | 1,000 | 1,270 |
Health Facs. Auth., Rev. Bonds (Banner Health), Series 2007-A, 5.00% 2017 | 3,000 | 3,057 |
Health Facs. Auth., Rev. Ref. Bonds (Banner Health), Series 2007-A, 5.00% 2018 | 500 | 532 |
Maricopa County, Community College Dist., G.O. Bonds (Project of 2004), Series 2009-C, 5.00% 2018 | 3,500 | 3,797 |
McAllister Academic Village LLC, Rev. Ref. Bonds (Arizona State University Hassayampa Academic Village Project), Series 2016, 5.00% 2026 | 600 | 774 |
McAllister Academic Village LLC, Rev. Ref. Bonds (Arizona State University Hassayampa Academic Village Project), Series 2016, 5.00% 2027 | 1,000 | 1,278 |
City of Phoenix, Civic Improvement Corp., Airport Rev. Bonds, Series 2010-A, 5.00% 2019 | 1,000 | 1,123 |
City of Phoenix, Civic Improvement Corp., Airport Rev. Ref. Bonds, Series 2008-D, AMT, 5.25% 2017 | 2,000 | 2,086 |
City of Phoenix, Civic Improvement Corp., Airport Rev. Ref. Bonds, Series 2008-D, AMT, 5.25% 2018 | 1,000 | 1,086 |
City of Phoenix, Civic Improvement Corp., Wastewater System Rev. Ref. Bonds, Series 2008, 5.50% 2018 | 1,000 | 1,094 |
City of Phoenix, Civic Improvement Corp., Water System Rev. Bonds, Series 2009-A, 5.00% 2018 | 2,300 | 2,497 |
Industrial Dev. Auth. of the City of Phoenix and the County of Maricopa, Single Family Mortgage Rev. Bonds, Series 2007-A-2, AMT, 5.80% 2040 | 45 | 47 |
Industrial Dev. Auth. of the City of Phoenix and the County of Pima, Single Family Mortgage Rev. Bonds, Series 2006-3A, AMT, 5.25% 2038 | 25 | 26 |
Pima County, Sewer System Rev. Obligations, Series 2012-A, 5.00% 2021 | 400 | 478 |
Pima County, Sewer System Rev. Obligations, Series 2012-A, 5.00% 2022 | 800 | 978 |
School Facs. Board, Certs. of Part., Series 2008, 5.50% 2016 | 1,500 | 1,507 |
Limited Term Tax-Exempt Bond Fund of America — Page 1 of 38
Bonds, notes & other debt instruments Arizona (continued) |
Principal amount (000) |
Value (000) |
School Facs. Board, Certs. of Part., Series 2008, 5.50% 2017 | $3,000 | $3,159 |
School Facs. Board, Certs. of Part., Series 2015-A, 5.00% 2021 | 1,500 | 1,785 |
School Facs. Board, State School Trust Rev. Ref. Bonds, Series 2007, AMBAC insured, 5.00% 2017 | 2,000 | 2,076 |
State Lottery Rev. Bonds, Series 2010-A, Assured Guaranty Municipal insured, 5.00% 2019 | 3,770 | 4,225 |
Transportation Board Highway Rev. Ref. Bonds, Series 2011-A, 5.00% 2020 | 3,270 | 3,801 |
Board of Regents, Ref. Certs. of Part. (University of Arizona Projects), Series 2012-C, 5.00% 2020 | 3,180 | 3,662 |
48,627 | ||
Arkansas 0.03% | ||
Dev. Fin. Auth., Health Care Rev. Bonds (Baptist Memorial Health Care), Series 2015-B-3, 1.99% 2044 (put 2022)1 |
1,000 | 991 |
California 11.53% | ||
Alameda Corridor Transportation Auth., Rev. Ref. Bonds, Series 2013-A, 5.00% 2021 | 1,750 | 2,104 |
Alameda Corridor Transportation Auth., Rev. Ref. Bonds, Series 2013-A, 5.00% 2025 | 1,300 | 1,610 |
Assn. of Bay Area Governments, Fin. Auth. for Nonprofit Corps., Rev. Ref. Bonds (Sharp HealthCare), Series 2012-A, 4.00% 2021 |
1,035 | 1,189 |
Assn. of Bay Area Governments, Fin. Auth. for Nonprofit Corps., Rev. Ref. Bonds (Sharp HealthCare), Series 2012-A, 5.00% 2019 |
980 | 1,106 |
Bay Area Toll Auth., San Francisco Bay Area Toll Bridge Rev. Ref. Bonds, Series 2006-C-1, 1.34% 2045 (put 2023)1 |
20,500 | 20,488 |
Bay Area Toll Auth., San Francisco Bay Area Toll Bridge Rev. Ref. Bonds, Series 2007-C-1, 1.34% 2047 (put 2023)1 |
3,500 | 3,498 |
Bay Area Toll Auth., San Francisco Bay Area Toll Bridge Rev. Ref. Bonds, Series 2007-E-3, 1.14% 2047 (put 2019)1 |
1,000 | 1,000 |
Bay Area Toll Auth., San Francisco Bay Area Toll Bridge Rev. Ref. Bonds, Series 2008-B-1, 1.54% 2045 (put 2024)1 |
2,500 | 2,526 |
Bay Area Toll Auth., San Francisco Bay Area Toll Bridge Rev. Ref. Bonds, Series 2014-G, 1.04% 2034 (put 2020)1 |
2,500 | 2,490 |
Bay Area Toll Auth., San Francisco Bay Area Toll Bridge Rev. Ref. Bonds, Series 2014-H, 1.14% 2034 (put 2021)1 |
10,480 | 10,432 |
Successor Agcy. to the Brea Redev. Agcy. (Redev. Project AB), 2013 Tax Allocation Ref. Bonds, 5.00% 2021 | 725 | 866 |
Central Valley Fncg. Auth., Cogeneration Project Rev. Ref. Bonds (Carson Ice-Gen Project), Series 2009, 5.00% 2017 |
1,130 | 1,176 |
Cerritos Public Fin. Auth., Tax Allocation Rev. Bonds (Cerritos Redev. Projects), Series 2002-A, AMBAC insured, 5.00% 2021 |
1,000 | 1,069 |
Cerritos Public Fncg. Auth., 2002 Tax Allocation Rev. Bonds (Cerritos Redev. Projects), Series A, AMBAC insured, 5.00% 2019 |
1,570 | 1,685 |
Chino Public Fncg. Auth., Local Agcy. Rev. Ref. Bonds, Series 2015-A, Assured Guaranty Municipal insured, 5.00% 2024 | 500 | 619 |
Chino Public Fncg. Auth., Local Agcy. Rev. Ref. Bonds, Series 2015-A, Assured Guaranty Municipal insured, 5.00% 2026 | 500 | 622 |
Chino Public Fncg. Auth., Local Agcy. Rev. Ref. Bonds, Series 2015-A, Assured Guaranty Municipal insured, 5.00% 2028 | 1,000 | 1,219 |
Chula Vista Municipal Fncg. Auth., Special Tax Rev. Ref. Bonds, Series 2015-A, 5.00% 2021 | 975 | 1,143 |
Econ. Recovery Bonds, Ref. Series 2009-A, 5.00% 2019 (escrowed to maturity) | 3,000 | 3,384 |
Econ. Recovery Bonds, Ref. Series 2009-A, 5.00% 2020 | 9,000 | 10,147 |
Educational Facs. Auth., Rev. Ref. Bonds (Chapman University), 5.00% 2022 | 640 | 769 |
Educational Facs. Auth., Rev. Ref. Bonds (Chapman University), Series 2011, 5.00% 2020 | 1,640 | 1,876 |
Educational Facs. Auth., Rev. Ref. Bonds (University of Redlands), Series 2015-A, 5.00% 2025 | 1,270 | 1,565 |
El Centro Fncg. Auth., Wastewater Rev. Ref. Bonds, Series 2014-A, Assured Guaranty Municipal insured, 5.00% 2028 | 1,000 | 1,235 |
Elk Grove Fin. Auth., Special Tax Rev. Bonds, Series 2015, 2.00% 2016 | 565 | 566 |
Elk Grove Fin. Auth., Special Tax Rev. Bonds, Series 2015, 3.00% 2017 | 750 | 769 |
Limited Term Tax-Exempt Bond Fund of America — Page 2 of 38
Bonds, notes & other debt instruments California (continued) |
Principal amount (000) |
Value (000) |
Elk Grove Fin. Auth., Special Tax Rev. Bonds, Series 2015, 3.00% 2018 | $450 | $471 |
City of Fontana, Community Facs. Dist. No. 22 (Sierra Hills South), Special Tax Bonds, Series 2014, 5.00% 2022 | 525 | 632 |
G.O. Bonds, Series 2012-A, 0.89% 2033 (put 2018)1 | 5,000 | 4,984 |
G.O. Bonds, Series 2013-C, 0.99% 2028 (put 2016)1 | 5,000 | 5,000 |
Various Purpose G.O. Bonds, 3.00% 2016 | 18,000 | 18,003 |
Various Purpose G.O. Bonds, 4.00% 2030 (put 2021) | 500 | 570 |
Various Purpose G.O. Bonds, 5.00% 2026 | 3,000 | 3,866 |
Various Purpose G.O. Ref. Bonds, 5.00% 2021 | 5,000 | 6,013 |
Various Purpose G.O. Ref. Bonds, 5.00% 2023 | 6,500 | 8,006 |
Veterans G.O. Ref. Bonds, Series 2015-CM, AMT, 2.45% 2031 | 1,430 | 1,470 |
Successor Agcy. To the Glendale Redev. Agcy., Tax Allocation Rev. Ref. Bonds (Central Glendale Redev. Project), BAM insured, 4.00% 2023 | 500 | 586 |
Golden State Tobacco Securitization Corp., Enhanced Tobacco Settlement Asset-backed Bonds, Series 2005-A, Assured Guaranty Municipal insured, 0% 2026 | 1,000 | 819 |
Golden State Tobacco Securitization Corp., Enhanced Tobacco Settlement Asset-backed Bonds, Series 2013-A, 5.00% 2020 |
6,100 | 7,022 |
Successor Agcy. to the Community Redev. Agcy. Of the City of Hawthorne, Tax Allocation Rev. Ref. Bonds, Assured Guaranty Municipal insured, 5.00% 2022 | 500 | 611 |
Successor Agcy. to the Community Redev. Agcy. Of the City of Hawthorne, Tax Allocation Rev. Ref. Bonds, Assured Guaranty Municipal insured, 5.00% 2027 | 1,070 | 1,357 |
Health Facs. Fncg. Auth., Insured Rev. Ref. Bonds (NCROC - Paradise Valley Estates Project), Series 2013, 5.00% 2023 |
550 | 681 |
Health Facs. Fncg. Auth., Rev. Bonds (Sutter Health), Series 2011-D, 5.00% 2019 | 750 | 850 |
Health Facs. Fncg. Auth., Rev. Ref. Bonds (Providence Health & Services), Series 2008-C, 5.25% 2016 | 500 | 504 |
Health Facs. Fncg. Auth., Rev. Ref. Bonds (Providence Health & Services), Series 2008-C, 5.50% 2017 | 500 | 529 |
Health Facs. Fncg. Auth., Rev. Ref. Bonds (Providence Health & Services), Series 2008-C, 6.00% 2018 | 600 | 670 |
Health Facs. Fncg. Auth., Rev. Ref. Bonds (St. Joseph Health System), Series 2009-C, 5.00% 2034 (put 2022) | 5,500 | 6,721 |
Health Facs. Fncg. Auth., Rev. Ref. Bonds (St. Joseph Health System), Series 2009-D, 5.00% 2034 (put 2016) | 7,500 | 7,575 |
Health Facs. Fncg. Auth., Rev. Ref. Bonds (St. Joseph Health System), Series 2013-D, 5.00% 2043 (put 2020) | 1,200 | 1,394 |
Infrastructure and Econ. Dev. Bank, Rev. Ref. Bonds (J. Paul Getty Trust), Series 2013-A-2, 0.846% 2047 (put 2019)1 |
2,500 | 2,501 |
Infrastructure and Econ. Dev. Bank, Rev. Ref. Bonds (J. Paul Getty Trust), Series 2015-B-1, 0.72% 2047 (put 2018)1 |
5,000 | 4,972 |
Infrastructure and Econ. Dev. Bank Rev. Bonds (The Colburn School), Series 2015-A, 1.44% 2037 (put 2020)1 | 3,000 | 3,004 |
Infrastructure and Econ. Dev. Bank Rev. Bonds (The Colburn School), Series 2015-B, 1.64% 2037 (put 2022)1 | 3,500 | 3,511 |
City of Irvine, Limited Obligation Improvement Bonds, Reassessment Dist. No. 15-1, 5.00% 2021 | 500 | 597 |
City of Irvine, Limited Obligation Improvement Bonds, Reassessment Dist. No. 15-1, 5.00% 2026 | 1,260 | 1,614 |
Jurupa Public Fncg. Auth., Special Tax Rev. Bonds, Series 2013-A, 5.00% 2021 | 750 | 886 |
Jurupa Public Fncg. Auth., Special Tax Rev. Bonds, Series 2013-A, 5.00% 2022 | 1,000 | 1,205 |
Successor Agcy. to the La Quinta Redev. Agcy., Tax Allocation Ref. Bonds (La Quinta Redev. Project Areas No. 1 and 2), Series 2013-A, 5.00% 2023 |
590 | 729 |
Successor Agcy. to the La Quinta Redev. Agcy., Tax Allocation Ref. Bonds (La Quinta Redev. Project Areas No. 1 and 2), Series 2014-A, 5.00% 2022 |
615 | 750 |
Successor Agcy. to the La Quinta Redev. Agcy., Tax Allocation Ref. Bonds (La Quinta Redev. Project Areas No. 1 and 2), Series 2014-A, 5.00% 2023 |
1,205 | 1,494 |
Lake Elsinore, Public Fncg. Auth., Local Agcy. Rev. Ref. Bonds, Series 2015, 5.00% 2026 | 3,895 | 4,769 |
Lee Lake Public Fncg. Auth., Special Tax Rev. Ref. Bonds, Series 2013-A, 5.00% 2019 | 1,805 | 2,015 |
Lee Lake Public Fncg. Auth., Special Tax Rev. Ref. Bonds, Series 2013-A, 5.00% 2020 | 890 | 1,017 |
Lee Lake Public Fncg. Auth., Special Tax Rev. Ref. Bonds, Series 2013-A, 5.00% 2022 | 1,090 | 1,295 |
City of Long Beach, Harbor Rev. Ref. Bonds, Series 1998-A, AMT, FGIC-National insured, 6.00% 2019 | 3,500 | 4,004 |
City of Los Angeles, Community Facs. Dist. No. 4, Special Tax Ref. Bond (Playa Vista - Phase 1), Series 2014, 5.00% 2025 | 1,250 | 1,539 |
City of Los Angeles Harbor Dept., Rev. Ref. Bonds, Series 2011-A, AMT, 5.00% 2019 | 1,500 | 1,686 |
City of Los Angeles, Dept. of Water and Power, Power System Rev. Ref. Bonds, Series 2011-A, 5.00% 2018 | 770 | 836 |
Limited Term Tax-Exempt Bond Fund of America — Page 3 of 38
Bonds, notes & other debt instruments California (continued) |
Principal amount (000) |
Value (000) |
City of Los Angeles, Wastewater System Rev. Ref. Bonds, Series 2002-A, FGIC-National insured, 6.00% 2021 (escrowed to maturity) | $3,000 | $3,740 |
City of Los Angeles, Wastewater System Rev. Ref. Bonds, Series 2009-A, 5.00% 2018 | 2,500 | 2,705 |
Los Angeles Convention and Exhibition Center Auth., Lease Rev. Ref. Bonds, Series 2008-A, 5.00% 2016 (escrowed to maturity) | 1,570 | 1,573 |
Los Angeles County, Metropolitan Transportation Auth., Proposition C, Sales Tax Rev. Ref. Bonds, Series 2009-B, 5.00% 2017 |
2,500 | 2,606 |
Los Angeles Unified School Dist. (County of Los Angeles), Election of 2004 G.O. Bonds, Series 2009-I, 5.00% 2020 |
3,500 | 3,943 |
Los Angeles Unified School Dist. (County of Los Angeles), G.O. Ref. Bonds, Series 2011-A-1, 5.00% 2018 | 7,010 | 7,610 |
Municipal Improvement Corp. of Los Angeles, Lease Rev. Ref. Bonds, Series 2012-C, 5.00% 2020 | 2,000 | 2,302 |
Municipal Improvement Corp. of Los Angeles, Lease Rev. Ref. Bonds, Series 2012-C, 5.00% 2022 | 3,250 | 3,940 |
Menifee Union School Dist. Public Fncg. Auth., Special Tax Rev. Bonds, Series 2016-A, BAM insured, 5.00% 2029 |
400 | 494 |
Menifee Union School Dist. Public Fncg. Auth., Special Tax Rev. Bonds, Series 2016-A, BAM insured, 5.00% 2030 |
625 | 764 |
Metropolitan Water Dist. of Southern California, Water Rev. Ref. Bonds (SIFMA Index Model), Series 2012-B1, 0.82% 2027 (put 2018)1 | 1,000 | 999 |
Morongo Band of Mission Indians, Enterprise Rev. Ref. Bonds, Series 2008-B, 5.50% 2018 |
535 | 564 |
Municipal Fin. Auth., Educational Rev. Bonds (American Heritage Education Foundation Project), Series 2016-A, 4.00% 2026 |
1,000 | 1,131 |
Municipal Fin. Auth., Rev. Ref. Bonds (NorthBay Healthcare Group), Series 2016-A, 2.00% 2017 | 1,000 | 1,012 |
Municipal Fin. Auth., Rev. Ref. Bonds (NorthBay Healthcare Group), Series 2016-A, 2.00% 2018 | 750 | 765 |
Murrieta Public Fncg. Auth., Special Tax Rev. Ref. Bonds, Series 2012, 5.00% 2020 | 1,000 | 1,146 |
Murrieta Valley Unified School Dist., Public Fncg. Auth., Special Tax Rev. Bonds, Series 2016-A, 2.00% 2017 | 635 | 644 |
Murrieta Valley Unified School Dist., Public Fncg. Auth., Special Tax Rev. Bonds, Series 2016-A, 3.00% 2018 | 2,180 | 2,273 |
Murrieta Valley Unified School Dist., Public Fncg. Auth., Special Tax Rev. Bonds, Series 2016-A, 3.00% 2019 | 1,120 | 1,184 |
Northern California Power Agcy., Hydroelectric Project Number One Rev. Ref. Bonds, Series 2010-A, 5.00% 2019 |
1,000 | 1,128 |
Northern California Power Agcy., Hydroelectric Project Number One Rev. Ref. Bonds, Series 2010-A, 5.00% 2020 |
2,000 | 2,247 |
Northern California Power Agcy., Hydroelectric Project Number One Rev. Ref. Bonds, Series 2010-A, 5.00% 2021 |
1,000 | 1,119 |
Oakland Redev. Successor Agcy., Tax Allocation Ref. Bonds (Central Dist. Redev. Project), Series 2013, 5.00% 2019 |
2,000 | 2,252 |
Oakland Redev. Successor Agcy., Tax Allocation Ref. Bonds (Central Dist. Redev. Project), Series 2013, 5.00% 2020 |
2,500 | 2,893 |
Oakland Redev. Successor Agcy., Tax Allocation Ref. Bonds (Central Dist. Redev. Project), Series 2013, 5.00% 2021 |
2,000 | 2,366 |
Port of Oakland, Rev. Ref. Bonds, Series 2007-C, National insured, 5.00% 2016 | 1,000 | 1,012 |
Port of Oakland, Rev. Ref. Bonds, Series 2007-C, National insured, 5.00% 2017 | 1,000 | 1,056 |
Port of Oakland, Rev. Ref. Bonds, Series 2011-O, AMT, 5.00% 2020 | 2,020 | 2,323 |
Port of Oakland, Rev. Ref. Bonds, Series 2012-P, AMT, 5.00% 2021 | 7,750 | 9,119 |
Port of Oakland, Rev. Ref. Bonds, Series 2012-P, AMT, 5.00% 2022 | 4,000 | 4,808 |
Port of Oakland, Rev. Ref. Bonds, Series 2012-P, AMT, 5.00% 2023 | 2,750 | 3,315 |
City of Orange, Community Facs. Dist. No. 91-2, Special Tax Ref. Bonds (Serrano Heights Public Improvements), Series 2013, 4.00% 2022 | 1,000 | 1,138 |
City of Orange, Community Facs. Dist. No. 91-2, Special Tax Ref. Bonds (Serrano Heights Public Improvements), Series 2013, 5.00% 2023 | 750 | 907 |
Pollution Control Fncg. Auth., Solid Waste Disposal Rev. Ref. Bonds (Republic Services, Inc. Project), Series 2002-C, AMT, 5.25% 2023 (put 2017)2 |
8,250 | 8,703 |
Public Works Board, Lease Rev. Bonds (Judicial Council of California, Various Judicial Council Projects), Series 2011-D, 5.00% 2019 |
2,000 | 2,281 |
Limited Term Tax-Exempt Bond Fund of America — Page 4 of 38
Bonds, notes & other debt instruments California (continued) |
Principal amount (000) |
Value (000) |
Public Works Board, Lease Rev. Bonds (Trustees of the California State University), Series 2013-H, 5.00% 2021 (escrowed to maturity) | $3,250 | $3,925 |
Public Works Board, Lease Rev. Bonds (Various Capital Projects), Series 2011-A, 5.00% 2019 | 2,000 | 2,268 |
Public Works Board, Lease Rev. Bonds (Various Capital Projects), Series 2013-I, 5.00% 2021 | 1,000 | 1,206 |
Successor Agcy. to the Rancho Mirage Redev. Agcy., Tax Allocation Housing Ref. Bonds, Series 2013-A, 5.00% 2022 |
1,495 | 1,786 |
Redding Joint Powers Fncg. Auth., Electric System Rev. Bonds, Series 2015-A, 5.00% 2028 | 500 | 622 |
Regional Airports Improvement Corp., Facs. Lease Rev. Ref. Bonds (LAXFUEL Corp., Los Angeles International Airport), Issue of 2012, AMT, 5.00% 2020 | 545 | 620 |
Regional Airports Improvement Corp., Facs. Lease Rev. Ref. Bonds (LAXFUEL Corp., Los Angeles International Airport), Issue of 2012, AMT, 5.00% 2021 | 1,700 | 1,982 |
Rio Elementary School Dist., Community Facs. Dist. No. 1, Special Tax Bonds, Series 2016, BAM insured, 5.00% 2027 | 835 | 1,033 |
Rio Elementary School Dist., Community Facs. Dist. No. 1, Special Tax Bonds, Series 2016, BAM insured, 5.00% 2028 | 405 | 498 |
Community Facs. of Riverside Unified School Dist., Special Tax Bonds, BAM insured, 5.00% 2029 | 2,250 | 2,753 |
Community Facs. of Riverside Unified School Dist., Special Tax Bonds, BAM insured, 5.00% 2031 | 1,035 | 1,251 |
Riverside County, Public Fncg. Auth., Tax Allocation Rev. Bonds (Project Area No. 1, Desert Communities and Interstate 215 Corridor Projects), Series 2015-A, Assured Guaranty Municipal insured, 5.00% 2025 | 1,000 | 1,282 |
Riverside County, Public Fncg. Auth., Tax Allocation Rev. Bonds (Project Area No. 1, Desert Communities and Interstate 215 Corridor Projects), Series 2015-A, Assured Guaranty Municipal insured, 5.00% 2026 | 1,000 | 1,270 |
Roseville, Fin. Auth., Special Tax Rev. Ref. Bonds, Series 2016, 3.00% 2017 | 680 | 698 |
Roseville, Fin. Auth., Special Tax Rev. Ref. Bonds, Series 2016, 4.00% 2018 | 760 | 812 |
City of Sacramento, North Natomas Drainage Community Facs. Dist. No. 97-1, Special Tax Bonds, Series 2015, 5.00% 2027 |
1,500 | 1,844 |
Sacramento Cogeneration Auth., Cogeneration Project Rev. Ref. Bonds (Procter & Gamble Project), Series 2009, 5.00% 2017 |
1,000 | 1,042 |
Sacramento Municipal Utility Dist., Electric Rev. Bonds, Series 1997-K, AMBAC insured, 5.75% 2018 | 5,170 | 5,686 |
Sacramento Municipal Utility Dist., Electric Rev. Bonds, Series 1997-K, AMBAC insured, 5.80% 2019 | 3,000 | 3,454 |
City of San Bernardino, Unified School Dist. G.O. Ref. Bonds, Series 2013-A, 5.00% 2017 | 400 | 418 |
City of San Bernardino, Unified School Dist. G.O. Ref. Bonds, Series 2013-A, Assured Guaranty Municipal insured, 5.00% 2023 |
1,100 | 1,369 |
County of San Bernardino, Certs. of Part. (Arrowhead Ref. Project), Series 2009-A, 5.00% 2017 | 6,000 | 6,264 |
Public Facs. Fncg. Auth. of the City of San Diego, Sewer Rev. Bonds, Series 2009-A, 5.00% 2017 |
8,500 | 8,808 |
Public Facs. Fncg. Auth. of the City of San Diego, Sewer Rev. Ref. Bonds, Series 2009-B, 5.00% 2017 |
2,500 | 2,591 |
City and County of San Francisco, Redev. Fin. Auth., Tax Allocation Rev. Bonds (Mission Bay South Redev. Project), Series 2016-A, 5.00% 2033 | 375 | 470 |
City and County of San Francisco, Redev. Fin. Auth., Tax Allocation Rev. Bonds (Mission Bay South Redev. Project), Series 2016-B, 5.00% 2027 | 500 | 641 |
City and County of San Francisco, Redev. Fin. Auth., Tax Allocation Rev. Bonds (Mission Bay South Redev. Project), Series 2016-C, 5.00% 2027 | 470 | 603 |
Redev. Agcy. of the City and County of San Francisco, Community Facs. Dist. No. 6, Special Tax Ref. Bonds (Mission Bay South Public Improvements), Series 2013-A, 5.00% 2022 | 1,000 | 1,216 |
City of San Jose, Airport Rev. Bonds, Series 2007-A, AMT, AMBAC insured, 5.50% 2020 | 7,820 | 8,048 |
City of San Jose, Airport Rev. Bonds, Series 2007-A, AMT, AMBAC insured, 5.50% 2022 | 2,500 | 2,572 |
City of San Jose, Airport Rev. Ref. Bonds, Series 2011-A-1, AMT, 5.00% 2018 | 3,750 | 3,996 |
City of San Jose, Airport Rev. Ref. Bonds, Series 2011-A-1, AMT, 5.00% 2019 | 3,000 | 3,317 |
City of San Jose, Airport Rev. Ref. Bonds, Series 2011-A-1, AMT, 5.25% 2020 | 3,070 | 3,526 |
City of San Jose, Airport Rev. Ref. Bonds, Series 2011-A-1, AMT, 5.25% 2022 | 3,650 | 4,286 |
Successor Agcy. To The San Marcos Redev. Agcy., Tax Allocation Rev. Ref. Bonds, Series 2015-A, 5.00% 2028 | 2,505 | 3,160 |
Santa Cruz County, Redev. Successor Agcy., Tax Allocation Ref. Bonds, Series 2014, BAM insured, 5.00% 2020 | 985 | 1,149 |
Santa Cruz County, Redev. Successor Agcy., Tax Allocation Rev. Ref. Bonds, Series 2016-A, BAM insured, 5.00% 2026 | 470 | 602 |
Limited Term Tax-Exempt Bond Fund of America — Page 5 of 38
Bonds, notes & other debt instruments California (continued) |
Principal amount (000) |
Value (000) |
Santa Cruz County, Redev. Successor Agcy., Tax Allocation Rev. Ref. Bonds, Series 2016-A, BAM insured, 5.00% 2027 | $1,000 | $1,266 |
Sonoma-Marin Area Rail Transit Dist., Measure Q Sales Tax Rev. Bonds, Series 2011-A, 5.00% 2022 | 2,795 | 3,406 |
South Orange County, Public Fncg. Auth., Special Tax Rev. Bonds (Ladera Ranch), Series 2005-A, AMBAC insured, 5.00% 2016 |
2,420 | 2,425 |
Southern California Public Power Auth., Gas Project Rev. Bonds (Project No. 1), Series 2007-A, 5.00% 2016 | 1,000 | 1,011 |
Southern California Public Power Auth., Transmission Project Rev. Ref. Bonds (Southern Transmission Project), Series 2009-A, 5.00% 2019 | 2,500 | 2,820 |
Statewide Communities Dev. Auth., Rev Bonds (American Baptist Homes of the West), Series 2015, 5.00% 2025 |
2,585 | 3,213 |
Statewide Communities Dev. Auth., Rev. Bonds (Kaiser Permanente), Series 2002-C, 5.00% 2029 (put 2017) | 5,700 | 5,887 |
Statewide Communities Dev. Auth., Rev. Bonds (Kaiser Permanente), Series 2009-A, 5.00% 2019 | 2,000 | 2,233 |
Statewide Communities Dev. Auth., Rev. Bonds (Sutter Health), Series 2011-A, 5.00% 2019 | 1,100 | 1,248 |
Statewide Communities Dev. Auth., Rev. Ref. Bonds (American Baptist Homes of the West), Series 2010, 5.375% 2020 |
2,730 | 3,113 |
Statewide Communities Dev. Auth., Rev. Ref. Bonds (Enloe Medical Center), 5.00% 2026 | 700 | 906 |
Statewide Communities Dev. Auth., Rev. Ref. Bonds (Enloe Medical Center), 5.00% 2027 | 700 | 899 |
Statewide Communities Dev. Auth., Student Housing Rev. Bonds (CHF-Irvine, LLC-UCI East Campus Apartments, Phase II), Series 2008, 5.00% 2018 (escrowed to maturity) | 2,500 | 2,698 |
Statewide Communities Dev. Auth., Student Housing Rev. Ref. Bonds (CHF-Irvine, LLC-UCI East Campus Apartments, Phase I), Series 2011, 5.00% 2020 | 750 | 859 |
Statewide Water System Rev. Ref. Bonds (Water Resource Center Project), Series 2015-AU., 1.06% 2035 (put 2017)1 |
5,500 | 5,505 |
Stockton Public Fncg. Auth., Wastewater Rev. Ref. Bonds (1998 Wastewater Project and 2003 Wastewater Project), Series 2014, Build America Mutual insured, 5.00% 2019 | 950 | 1,072 |
Stockton Unified School Dist., G.O. Bonds, 5.00% 2026 | 2,610 | 3,319 |
Stockton Unified School Dist., G.O. Bonds, Series 2014-A, Assured Guaranty Municipal insured, 5.00% 2026 | 850 | 1,059 |
Temecula Valley Unified School Dist., Fncg. Auth. Rev. Bonds, BAM insured, 5.00% 2023 | 300 | 370 |
Temecula Valley Unified School Dist., Fncg. Auth. Rev. Bonds, BAM insured, 5.00% 2024 | 535 | 671 |
Temecula Valley Unified School Dist., Fncg. Auth. Rev. Bonds, BAM insured, 5.00% 2025 | 300 | 377 |
Temecula Valley Unified School Dist., Fncg. Auth. Rev. Bonds, BAM insured, 5.00% 2028 | 1,000 | 1,230 |
Temecula Valley Unified School Dist., Fncg. Auth. Rev. Bonds, BAM insured, 5.00% 2029 | 500 | 612 |
Tobacco Securitization Auth. of Southern California, Tobacco Settlement Asset-backed Rev. Ref. Bonds (San Diego County Tobacco Asset Securitization Corp.), Series 2006-A, 4.75% 2025 |
4,945 | 5,024 |
Successor Agcy. To The Tracy Community Dev. Agcy., Tax Allocation Rev. Ref. Bonds, Series 2016, Assured Guaranty Municipal insured, 5.00% 2025 | 950 | 1,213 |
Successor Agcy. To The Tracy Community Dev. Agcy., Tax Allocation Rev. Ref. Bonds, Series 2016, Assured Guaranty Municipal insured, 5.00% 2026 | 375 | 479 |
Tuolumne Wind Project Auth., Rev. Bonds (Tuolumne Co. Project), Series 2009-A, 5.00% 2017 | 2,000 | 2,037 |
Dept. of Water Resources, Power Supply Rev. Ref. Bonds, Series 2005-F-3, 5.00% 2021 | 1,500 | 1,613 |
Dept. of Water Resources, Power Supply Rev. Ref. Bonds, Series 2010-L, 5.00% 2017 | 2,250 | 2,328 |
Dept. of Water Resources, Power Supply Rev. Ref. Bonds, Series 2011-N, 5.00% 2019 | 2,500 | 2,803 |
Dept. of Water Resources, Power Supply Rev. Ref. Bonds, Series 2011-N, 5.00% 2020 | 2,500 | 2,900 |
Dept. of Water Resources, Water System Rev. Ref. Bonds (Central Valley Project), Series AM, 5.00% 2019 | 2,000 | 2,294 |
Successor Agcy. to the Redev. Agcy. of the City of West Sacramento, Tax Allocation Rev. Ref. Bonds (West Sacramento Redev. Project), Series 2016, 5.00% 2026 | 420 | 543 |
432,474 | ||
Colorado 1.43% | ||
City and County of Denver, Airport System Rev. Bonds, Series 2013-A, AMT, 5.00% 2021 | 1,000 | 1,181 |
City and County of Denver, Airport System Rev. Bonds, Series 2013-A, AMT, 5.00% 2022 | 1,300 | 1,562 |
City and County of Denver, Airport System Rev. Ref. Bonds, Series 2010-A, 5.00% 2021 | 3,000 | 3,516 |
City and County of Denver, Airport System Rev. Ref. Bonds, Series 2011-A, AMT, 5.00% 2021 | 3,445 | 4,105 |
City and County of Denver, Airport System Rev. Ref. Bonds, Series 2011-A, AMT, 5.25% 2018 | 2,500 | 2,754 |
City and County of Denver, Airport System Rev. Ref. Bonds, Series 2011-A, AMT, 5.75% 2020 | 2,700 | 3,232 |
Limited Term Tax-Exempt Bond Fund of America — Page 6 of 38
Bonds, notes & other debt instruments Colorado (continued) |
Principal amount (000) |
Value (000) |
Denver Urban Renewal Auth., Stapleton Tax Increment Rev. Bonds, Series 2013-A-1, 5.00% 2021 | $3,800 | $4,532 |
Denver Urban Renewal Auth., Stapleton Tax Increment Rev. Bonds, Series 2013-A-1, 5.00% 2022 | 4,000 | 4,865 |
Health Facs. Auth. Rev. Bonds (Catholic Health Initiatives), Series 2014-B-3, 1.875% 2039 (put 2019) | 1,000 | 1,016 |
Health Facs. Auth., Health Facs. Rev. Ref. Bonds (Evangelical Lutheran Good Samaritan Society Project), Series 2015-A, 4.00% 2020 |
300 | 327 |
Health Facs. Auth., Health Facs. Rev. Ref. Bonds (Evangelical Lutheran Good Samaritan Society Project), Series 2015-A, 5.00% 2021 |
1,200 | 1,381 |
Health Facs. Auth., Health Facs. Rev. Ref. Bonds (Evangelical Lutheran Good Samaritan Society Project), Series 2015-A, 5.00% 2022 |
1,500 | 1,756 |
Health Facs. Auth., Health Facs. Rev. Ref. Bonds (Evangelical Lutheran Good Samaritan Society Project), Series 2015-A, 5.00% 2024 |
1,500 | 1,809 |
Health Facs. Auth., Health Facs. Rev. Ref. Bonds (Evangelical Lutheran Good Samaritan Society Project), Series 2015-A, 5.00% 2025 |
3,000 | 3,657 |
Health Facs. Auth., Hospital Rev. Bonds (Adventist Health System/Sunbelt Obligated Group), Series 2016-C, 5.00% 2036 (put 2023) | 3,000 | 3,705 |
Health Facs. Auth., Rev. Ref. Bonds (Covenant Retirement Communities, Inc.), Series 2015-A, 2.00% 2016 | 550 | 552 |
Health Facs. Auth., Rev. Ref. Bonds (Covenant Retirement Communities, Inc.), Series 2015-A, 5.00% 2021 | 1,765 | 2,046 |
Park Creek Metropolitan Dist., Limited Property Tax Supported Rev. Ref. Bonds, Series 2015-A, 5.00% 2023 | 1,400 | 1,703 |
Park Creek Metropolitan Dist., Limited Property Tax Supported Rev. Ref. Bonds, Series 2015-A, 5.00% 2024 | 1,080 | 1,331 |
Park Creek Metropolitan Dist., Limited Property Tax Supported Rev. Ref. Bonds, Series 2015-A, 5.00% 2025 | 3,835 | 4,767 |
Public Auth. for Colorado Energy, Natural Gas Purchase Rev. Bonds, Series 2008, 5.75% 2018 | 235 | 250 |
Regional Transportation Dist., Certs. of Part., Series 2010-A, 5.00% 2018 | 1,640 | 1,769 |
Regents of the University of Colorado, University Enterprise Rev. Bonds, Series 2009-A, 5.00% 2018 | 1,750 | 1,894 |
53,710 | ||
Connecticut 1.04% | ||
Various Purpose G.O. Bonds, Series 2015-C, 1.34% 20211 | 7,500 | 7,471 |
Various Purpose G.O. Bonds, Series 2015-D, 1.19% 20181 | 2,000 | 1,994 |
Health and Educational Facs. Auth., Rev. Bonds (Quinnipiac University Issue), Series 2016-M, 5.00% 2024 | 1,645 | 2,037 |
Health and Educational Facs. Auth., Rev. Bonds (Quinnipiac University Issue), Series 2016-M, 5.00% 2025 | 1,450 | 1,814 |
Housing Fin. Auth., Housing Mortgage Fin. Program Bonds, Series 2014-C-1, 4.00% 2044 |
890 | 974 |
Housing Fin. Auth., Housing Mortgage Fin. Program Bonds, Series 2016-B-2, AMT, 3.50% 2039 | 670 | 723 |
Housing Fin. Auth., Housing Mortgage Fin. Program Rev. Ref. Bonds, Series 2012-F-2, AMT, 2.75% 2035 |
660 | 667 |
Housing Fin. Auth., Housing Mortgage Fin. Program Rev. Ref. Bonds, Series 2015-A, 3.50% 2044 |
5,915 | 6,317 |
Housing Fin. Auth., Housing Mortgage Fin. Program Rev. Ref. Bonds, Series 2015-C-1, 3.50% 2045 | 1,985 | 2,132 |
Housing Fin. Auth., Housing Mortgage Fin. Program Rev. Ref. Bonds, Series 2016-A-1, 4.00% 2045 | 2,400 | 2,627 |
Special Tax Obligation Ref. Bonds, Transportation Infrastructure Purposes, Series 2009-1, 5.00% 2018 | 2,500 | 2,666 |
Special Tax Obligation Ref. Bonds, Transportation Infrastructure Purposes, Series 2009-1, 5.00% 2019 | 8,550 | 9,465 |
38,887 | ||
Delaware 0.01% | ||
Housing Auth., Single Family Mortgage Rev. Ref. Bonds, Series 2009-A-1, 5.45% 2040 | 540 | 561 |
District of Columbia 1.05% | ||
Convention Center Auth., Dedicated Tax Rev. Ref. Bonds, Series 2007-A, AMBAC insured, 5.00% 2016 | 2,500 | 2,520 |
Convention Center Auth., Dedicated Tax Rev. Ref. Bonds, Series 2007-A, AMBAC insured, 5.00% 2018 | 5,000 | 5,039 |
G.O. Ref. Bonds, Series 2007-B, AMBAC insured, 5.00% 2017 | 3,000 | 3,114 |
G.O. Ref. Bonds, Series B, XLCA-Assured Guaranty Municipal insured, 5.25% 2020 | 2,000 | 2,337 |
University Rev. Bonds (Georgetown University Issue), Series 2001-B, 4.70% 2031, (put 2018) |
8,500 | 9,020 |
Hospital Rev. Ref. Bonds (Children’s Hospital Obligated Group Issue), 5.00% 2027 | 1,500 | 1,914 |
Limited Term Tax-Exempt Bond Fund of America — Page 7 of 38
Bonds, notes & other debt instruments District of Columbia (continued) |
Principal amount (000) |
Value (000) |
Dist. of Columbia, Income Tax Secured Rev. Ref. Bonds, Series 2009-B, 5.00% 2017 | $4,000 | $4,241 |
Metropolitan Area Transit Auth., Gross Rev. Transit Bonds, Series 2016-A, 5.00% 2018 | 3,000 | 3,251 |
Metropolitan Washington Airports Auth., Airport System Rev. Bonds, Series 2008-A, AMT, 5.50% 2017 | 1,000 | 1,056 |
Metropolitan Washington Airports Auth., Airport System Rev. Ref. Bonds, Series 2006-A, AMT, Assured Guaranty Municipal insured, 5.00% 2032 | 500 | 504 |
Metropolitan Washington Airports Auth., Airport System Rev. Ref. Bonds, Series 2011-C, AMT, 5.00% 2026 | 1,500 | 1,759 |
Metropolitan Washington Airports Auth., Airport System Rev. Ref. Bonds, Series 2012-A, AMT, 5.00% 2020 | 3,000 | 3,476 |
Metropolitan Washington Airports Auth., Airport System Rev. Ref. Bonds, Series 2015-B, AMT, 5.00% 2027 | 1,000 | 1,244 |
39,475 | ||
Florida 7.70% | ||
Brevard County Educational Facs. Auth., Demand Rev. Bonds (Florida Institute of Technology Project), Series 2014, 5.00% 2023 |
1,100 | 1,338 |
Broward County, Airport System Rev. Ref. Bonds, Series 2009-O, 5.00% 2016 | 1,000 | 1,008 |
Broward County, Airport System Rev. Ref. Bonds, Series 2012-P-1, AMT, 5.00% 2024 | 5,000 | 5,911 |
Dept. of Children and Family Services, Certs. of Part. (Florida Civil Commitment Center Project), Series 2006, National insured, 5.00% 2016 | 1,000 | 1,008 |
Citizens Property Insurance Corp., Coastal Account Secured Bonds, Series 2011-A-1, 5.00% 2018 | 2,000 | 2,156 |
Citizens Property Insurance Corp., Coastal Account Secured Bonds, Series 2011-A-1, 5.00% 2019 | 5,000 | 5,580 |
Citizens Property Insurance Corp., High-Risk Account Secured Bonds, Series 2009-A-1, 5.50% 2017 | 10,035 | 10,448 |
Citizens Property Insurance Corp., High-Risk Account Secured Bonds, Series 2010-A-1, 5.25% 2017 | 5,850 | 6,079 |
Citizens Property Insurance Corp., High-Risk Account Secured Rev. Ref. Bonds, Series 2015-A-1, 5.00% 2020 | 3,500 | 3,962 |
Citizens Property Insurance Corp., Personal Lines Account/Commercial Lines Account Secured Bonds, Series 2012-A-1, 5.00% 2019 |
3,600 | 4,018 |
Citizens Property Insurance Corp., Personal Lines Account/Commercial Lines Account Secured Bonds, Series 2012-A-1, 5.00% 2020 |
4,500 | 5,181 |
Citizens Property Insurance Corp., Personal Lines Account/Commercial Lines Account Secured Bonds, Series 2012-A-1, 5.00% 2021 |
1,000 | 1,183 |
Citizens Property Insurance Corp., Personal Lines Account/Commercial Lines Account Secured Bonds, Series 2012-A-1, 5.00% 2022 |
10,200 | 12,324 |
Collier County, Health Facs. Auth., Residential Care Fac. Rev. Bonds (Moorings Inc.), Series 2015-A, 5.00% 2023 |
400 | 485 |
Collier County, Health Facs. Auth., Residential Care Fac. Rev. Bonds (Moorings Inc.), Series 2015-A, 5.00% 2024 |
500 | 614 |
Collier County, Health Facs. Auth., Residential Care Fac. Rev. Bonds (Moorings Inc.), Series 2015-A, 5.00% 2025 |
330 | 411 |
Collier County, Health Facs. Auth., Residential Care Fac. Rev. Bonds (Moorings Inc.), Series 2015-A, 5.00% 2026 |
350 | 431 |
Collier County, Health Facs. Auth., Residential Care Fac. Rev. Bonds (Moorings Inc.), Series 2015-A, 5.00% 2027 |
240 | 293 |
Collier County, Health Facs. Auth., Residential Care Fac. Rev. Bonds (Moorings Inc.), Series 2015-A, 5.00% 2028 |
445 | 540 |
Community Redev. Agcy., Tax Increment Rev. Bonds (Southeast Overtown/Park West), Series 2014-A-1, 5.00% 20202 |
1,000 | 1,110 |
Community Redev. Agcy., Tax Increment Rev. Bonds (Southeast Overtown/Park West), Series 2014-A-1, 5.00% 20222 |
1,000 | 1,146 |
Dept. of Environmental Protection, Forever Rev. Bonds, Series 2007-B, National insured, 5.00% 2018 | 3,000 | 3,152 |
Escambia County, Health Facs. Auth., Health Care Facs. Rev. Bonds (Baptist Hospital, Inc. Project), Series 2010-A, 5.00% 2017 |
2,510 | 2,607 |
Escambia County, Health Facs. Auth., Health Care Facs. Rev. Bonds (Baptist Hospital, Inc. Project), Series 2010-A, 5.125% 2020 |
1,270 | 1,450 |
South Florida Water Management Dist., Certs. of Part., 5.00% 2026 | 2,000 | 2,564 |
Greater Orlando Aviation Auth., Airport Facs. Rev. Ref. Bonds, Series 2007-A, AMT, Assured Guaranty Municipal insured, 5.00% 2016 |
2,000 | 2,016 |
Limited Term Tax-Exempt Bond Fund of America — Page 8 of 38
Bonds, notes & other debt instruments Florida (continued) |
Principal amount (000) |
Value (000) |
Greater Orlando Aviation Auth., Airport Facs. Rev. Ref. Bonds, Series 2008-A, AMT, Assured Guaranty Municipal insured, 5.25% 2018 |
$1,200 | $1,315 |
Greater Orlando Aviation Auth., Airport Facs. Rev. Ref. Bonds, Series 2009-A, AMT, 6.00% 2016 | 2,500 | 2,524 |
Greater Orlando Aviation Auth., Airport Facs. Rev. Ref. Bonds, Series 2012-A, AMT, 5.00% 2021 | 5,915 | 7,005 |
Hillsborough County, Industrial Dev. Auth., Pollution Control Rev. Ref. Bonds (Tampa Electric Co. Project), Series 2007-A, 5.65% 2018 | 4,000 | 4,332 |
Housing Fin. Corp., Homeowner Mortgage Rev. Bonds, Series 1, 4.00% 2047 | 1,250 | 1,374 |
Housing Fin. Corp., Homeowner Mortgage Rev. Bonds (Special Program), Series 2009-A-1, 5.00% 2028 | 1,140 | 1,218 |
Housing Fin. Corp., Homeowner Mortgage Rev. Bonds (Special Program), Series 2015-A, 3.50% 2046 | 580 | 619 |
Housing Fin. Corp., Homeowner Mortgage Rev. Bonds, Series 2007-6, AMT, 4.45% 2017 | 285 | 285 |
Housing Fin. Corp., Homeowner Mortgage Rev. Bonds, Series 2009-2, 5.50% 2041 | 215 | 224 |
Housing Fin. Corp., Homeowner Mortgage Rev. Bonds, Series 2016-2, 4.00% 2047 | 1,000 | 1,108 |
City of Jacksonville, Better Jacksonville Sales Tax Rev. Ref. Bonds, Series 2011, 5.00% 2017 | 4,000 | 4,206 |
City of Jacksonville, Better Jacksonville Sales Tax Rev. Ref. Bonds, Series 2011, 5.00% 2019 | 5,000 | 5,663 |
Jacksonville Aviation Auth., Rev. Bonds, Series 2006, AMT, AMBAC insured, 5.00% 2018 | 7,585 | 7,643 |
Jacksonville Aviation Auth., Rev. Bonds, Series 2006, AMT, AMBAC insured, 5.00% 2021 | 1,830 | 1,844 |
Jacksonville Aviation Auth., Rev. Bonds, Series 2006, AMT, AMBAC insured, 5.00% 2023 | 1,935 | 1,950 |
City of Lakeland, Energy System Rev. Ref. Bonds, 5.00% 2017 | 500 | 526 |
City of Lakeland, Energy System Rev. Ref. Bonds, 5.00% 2019 | 400 | 454 |
City of Lakeland, Energy System Rev. Ref. Bonds, 5.00% 2024 | 1,000 | 1,277 |
City of Lakeland, Energy System Rev. Ref. Bonds, 5.00% 2025 | 1,000 | 1,296 |
City of Lakeland, Retirement Community First Mortgage Rev. Ref. Bonds (Carpenter’s Home Estates, Inc. Project), Series 2008, 5.875% 2019 | 615 | 664 |
Lee County, Airport Rev. Ref. Bonds, Series 2010-A, AMT, Assured Guaranty insured, 5.00% 2016 | 2,535 | 2,555 |
Dept. of Management Services, Certs. of Part., Series 2009-A, 5.00% 2017 | 4,990 | 5,215 |
Dept. of Management Services, Certs. of Part., Series 2009-A, 5.00% 2019 | 2,500 | 2,741 |
City of Miami Beach, Health Facs. Auth., Hospital Rev. Ref. Bonds (Mount Sinai Medical Center of Florida), Series 2012, 5.00% 2019 | 1,650 | 1,855 |
City of Miami Beach, Health Facs. Auth., Hospital Rev. Ref. Bonds (Mount Sinai Medical Center of Florida), Series 2012, 5.00% 2021 | 1,000 | 1,184 |
Miami-Dade County, Educational Facs. Auth., Rev. Ref. Bonds (University of Miami Issue), Series 2007-B, AMBAC insured, 5.25% 2018 | 3,760 | 4,042 |
Miami-Dade County, Expressway Auth., Toll System Rev. Ref. Bonds, Series 2013-A, 5.00% 2020 | 1,225 | 1,417 |
Miami-Dade County, Aviation Rev. Bonds, Series 2010-A, 5.00% 2021 | 2,250 | 2,620 |
Miami-Dade County, Aviation Rev. Ref. Bonds, AMT, 5.00% 2023 | 945 | 1,152 |
Miami-Dade County, Aviation Rev. Ref. Bonds, Series 2012-A, AMT, 5.00% 2020 | 2,000 | 2,318 |
Miami-Dade County, Aviation Rev. Ref. Bonds, Series 2012-A, AMT, 5.00% 2021 | 11,600 | 13,697 |
Miami-Dade County, Aviation Rev. Ref. Bonds, Series 2014-A, AMT, 5.00% 2027 | 1,325 | 1,604 |
Miami-Dade County, Expressway Auth. Toll System Rev. Ref. Bonds, Series 2014-B, 5.00% 2022 | 1,750 | 2,116 |
Miami-Dade County, G.O. Bonds (Building Better Communities Program), Series 2008-B, 5.00% 2017 | 2,500 | 2,605 |
Miami-Dade County, Miami International Airport (Hub of the Americas), Aviation Rev. Ref. Bonds, Series 2003-E, AMT, National insured, 5.375% 2017 |
2,000 | 2,110 |
Miami-Dade County, Miami International Airport (Hub of the Americas), Aviation Rev. Ref. Bonds, Series 2009-A, 5.75% 2022 |
1,500 | 1,733 |
Miami-Dade County, Miami International Airport (Hub of the Americas), Aviation Rev. Ref. Bonds, Series 2009-B, 5.50% 2018 |
3,580 | 3,945 |
Miami-Dade County, Miami International Airport (Hub of the Americas), Aviation Rev. Ref. Bonds, Series 2009-B, 5.75% 2021 |
2,000 | 2,311 |
Miami-Dade County, Transit System Sales Surtax Rev. Bonds, Series 2012, 5.00% 2019 | 1,250 | 1,403 |
Miami-Dade County, Transit System Sales Surtax Rev. Bonds, Series 2012, 5.00% 2020 | 550 | 636 |
Miami-Dade County, Transit System Sales Surtax Rev. Bonds, Series 2012, 5.00% 2021 | 1,500 | 1,780 |
Miami-Dade County, Water and Sewer System Rev. Ref. Bonds, Series 2008-C, 5.25% 2017 | 3,000 | 3,164 |
School Board of Miami-Dade County, Certs. of Part., Series 2006-C, AMBAC insured, 5.00% 2017 | 1,140 | 1,198 |
School Board of Miami-Dade County, Certs. of Part., Series 2008-A, AMBAC insured, 5.00% 2017 | 5,000 | 5,221 |
Miami-Dade County, Expressway Auth., Toll System Rev. Ref. Bonds, Series 2013-A, 5.00% 2021 | 1,500 | 1,781 |
Limited Term Tax-Exempt Bond Fund of America — Page 9 of 38
Bonds, notes & other debt instruments Florida (continued) |
Principal amount (000) |
Value (000) |
Municipal Power Agcy., All-Requirements Power Supply Project Rev. Bonds, Series 2008-A, 5.00% 2017 | $2,500 | $2,625 |
Municipal Power Agcy., All-Requirements Power Supply Project Rev. Bonds, Series 2008-A, 5.00% 2018 | 4,650 | 5,069 |
Municipal Power Agcy., All-Requirements Power Supply Project Rev. Bonds, Series 2009, 5.25% 2020 (preref. 2019) |
2,430 | 2,777 |
Municipal Power Agcy., All-Requirements Power Supply Project Rev. Bonds, Series 2015-B, 5.00% 2026 | 850 | 1,076 |
Municipal Power Agcy., All-Requirements Power Supply Project Rev. Bonds, Series 2016-A, 5.00% 2024 | 2,300 | 2,897 |
Municipal Power Agcy., All-Requirements Power Supply Project Rev. Bonds, Series 2016-A, 5.00% 2031 | 500 | 627 |
Municipal Power Agcy., Rev. Bonds (St. Lucie Project), Series 2009-A, 5.00% 2017 | 3,455 | 3,628 |
Municipal Power Agcy., Stanton Project Rev. Ref. Bonds, Series 2008, 5.125% 2017 | 5,000 | 5,263 |
Orlando Utilities Commission, Utility System Rev. Ref. Bonds, Series 2006, 5.00% 2018 | 1,000 | 1,008 |
Orlando Utilities Commission, Utility System Rev. Ref. Bonds, Series 2016-A, 5.00% 2018 | 1,200 | 1,313 |
Orlando-Orange County, Expressway Auth., Rev. Ref. Bonds, Series 2012, 5.00% 2019 | 1,250 | 1,404 |
Orlando-Orange County, Expressway Auth., Rev. Ref. Bonds, Series 2012, 5.00% 2020 | 1,500 | 1,735 |
Orlando-Orange County, Expressway Auth., Rev. Ref. Bonds, Series 2012-B, 5.00% 2020 | 1,000 | 1,156 |
Orlando-Orange County, Expressway Auth., Rev. Ref. Bonds, Series 2012-B, 5.00% 2022 | 1,250 | 1,516 |
Orlando-Orange County, Expressway Auth., Rev. Ref. Bonds, Series 2012-B, 5.00% 2023 | 1,500 | 1,850 |
Palm Beach County, Health Facs. Auth., Rev. Bonds (Lifespaces Communities, Inc.), Series 2015-C, 5.00% 2022 | 1,690 | 2,012 |
Solid Waste Auth. of Palm Beach County, Improvement Rev. Ref. Bonds, Series 2011, 5.00% 2019 | 5,000 | 5,667 |
Ports Fncg. Commission, Rev. Ref. Bonds (State Transportation Trust Fund), Series 2011-B, AMT, 5.00% 2017 | 1,500 | 1,556 |
Ports Fncg. Commission, Rev. Ref. Bonds (State Transportation Trust Fund), Series 2011-B, AMT, 5.00% 2021 | 2,500 | 2,948 |
Putnam County Dev. Auth., Pollution Control Rev. Ref. Bonds (Seminole Electric Cooperative, Inc. Project), Series 2007-B, AMBAC insured, 5.35% 2042 (put 2018) | 10,370 | 11,142 |
South Broward Hospital Dist., Hospital Rev. Ref. Bonds (South Broward Hospital Dist. Obligated Group), Series 2016, 4.00% 2026 | 4,000 | 4,776 |
State Board of Education, Public Education Capital Outlay Bonds, Series 2007-D, 5.00% 2020 | 3,500 | 3,814 |
Sumter County, Industrial Dev. Auth., Hospital Rev. Bonds (Central Florida Health Alliance Projects), Series 2014-A, 5.00% 2021 |
500 | 584 |
Sumter County, Industrial Dev. Auth., Hospital Rev. Bonds (Central Florida Health Alliance Projects), Series 2014-A, 5.00% 2026 |
500 | 602 |
Sumter County, Industrial Dev. Auth., Hospital Rev. Bonds (Central Florida Health Alliance Projects), Series 2014-A, 5.00% 2027 |
330 | 393 |
City of Tallahassee, Energy System Rev. Ref. Bonds, Series 2010, 5.00% 2016 | 1,410 | 1,421 |
City of Tallahassee, Health Facs. Rev. Ref. Bonds (Tallahassee Memorial HealthCare, Inc. Project), Series 2016-A, 5.00% 2021 |
530 | 625 |
City of Tampa, Health System Rev. Ref. Bonds (Baycare Health System Issue), Series 2010, 5.00% 2017 | 1,500 | 1,585 |
City of Tampa, Health System Rev. Ref. Bonds (Baycare Health System Issue), Series 2010, 5.00% 2018 | 5,000 | 5,481 |
City of Tampa, Rev. Ref. and Capital Improvement Cigarette Tax Allocation Bonds (H. Lee Moffitt Cancer Center Project), Series 2012-A, 5.00% 2018 | 885 | 960 |
Tampa Bay Water, Utility System Rev. Ref. Bonds, Series 2011-A, 5.00% 2017 | 5 | 5 |
Tampa Bay Water, Utility System Rev. Ref. Bonds, Series 2011-A, 5.00% 2017 (escrowed to maturity) | 1,170 | 1,231 |
Tampa Bay Water, Utility System Rev. Ref. Bonds, Series 2011-A, 5.00% 2017 (escrowed to maturity) | 1,075 | 1,131 |
Dept. of Transportation, Right-of-Way Acquisition and Bridge Construction Bonds, Series 2008-A, 5.00% 2017 | 3,435 | 3,581 |
Dept. of Transportation, Right-of-Way Acquisition and Bridge Construction Ref. Bonds, Series 2012-B, 5.00% 2023 |
3,000 | 3,662 |
Dept. of Transportation, Turnpike Rev. Ref. Bonds, Series 2016-A, 5.00% 2018 | 2,000 | 2,170 |
Dept. of Transportation, Turnpike Rev. Ref. Bonds, Series 2016-B, 5.00% 2017 | 2,000 | 2,083 |
Water Pollution Control Fncg. Corp., Water Pollution Control Rev. Bonds, Series 2008-A, 4.00% 2017 | 2,000 | 2,033 |
Water Pollution Control Fncg. Corp., Water Pollution Control Rev. Bonds, Series 2008-A, 5.00% 2020 | 2,000 | 2,213 |
288,564 |
Limited Term Tax-Exempt Bond Fund of America — Page 10 of 38
Bonds, notes & other debt instruments Georgia 2.45% |
Principal amount (000) |
Value (000) |
Atlanta Dev. Auth., Student Housing Facs. Rev. Ref. Bonds (Piedmont/Ellis, LLC University Commons Project), Series 2013, 5.00% 2022 (escrowed to maturity) | $1,210 | $1,492 |
Atlanta Dev. Auth., Student Housing Facs. Rev. Ref. Bonds (Piedmont/Ellis, LLC University Commons Project), Series 2013, 5.00% 2023 (escrowed to maturity) | 1,825 | 2,302 |
City of Atlanta, Tax Allocation Rev. Ref. Bonds (Eastside Project), Series 2016, 5.00% 2017 | 375 | 382 |
City of Atlanta, Tax Allocation Rev. Ref. Bonds (Eastside Project), Series 2016, 5.00% 2018 | 320 | 339 |
City of Atlanta, Water and Wastewater Rev. Ref. Bonds, Series 2013-B, 5.00% 2020 | 2,000 | 2,348 |
DeKalb County, Hospital Auth., Rev. Ref. Anticipation Certificates (DeKalb Medical Center, Inc. Project), Series 2010, 5.25% 2020 |
8,750 | 9,491 |
DeKalb County, Water and Sewerage Rev. Bonds (Second Resolution), Series 2011-A, 5.00% 2022 | 1,000 | 1,202 |
Housing and Fin. Auth., Single Family Mortgage Bonds, Series 2015-A-1, 3.50% 2045 | 990 | 1,060 |
Housing and Fin. Auth., Single Family Mortgage Bonds, Series 2016-A-1, 3.50% 2046 | 1,635 | 1,766 |
Main Street Natural Gas, Inc., Gas Project Rev. Bonds, Series 2006-B, 5.00% 2017 | 1,500 | 1,533 |
Main Street Natural Gas, Inc., Gas Project Rev. Bonds, Series 2006-B, 5.00% 2020 | 5,000 | 5,556 |
Metropolitan Atlanta Rapid Transit Auth., Sales Tax Rev. Ref. Bonds (Third Indenture Series), Series 2005-A, FGIC-National insured, 5.00% 2020 | 4,000 | 4,646 |
Metropolitan Atlanta Rapid Transit Auth., Sales Tax Rev. Ref. Bonds, Series 2014-B, 0.72% 2025 (put 2017)1 |
9,000 | 8,992 |
Municipal Electric Auth., Project 1, Series 2008-D, 5.75% 2019 | 4,160 | 4,572 |
Municipal Electric Auth., Project 1, Series 2008-D, 5.75% 2019 (preref. 2018) | 11,840 | 13,014 |
Municipal Electric Auth., Project One Bonds, Series 2011-A, 5.00% 2021 | 6,540 | 7,672 |
Public Gas Partners, Inc., Gas Project Rev. Ref. Bonds (Gas Supply Pool No. 1), Series A, 5.00% 2017 | 5,000 | 5,257 |
Public Gas Partners, Inc., Gas Project Rev. Ref. Bonds (Gas Supply Pool No. 1), Series A, 5.00% 2018 | 10,930 | 11,934 |
Private Colleges and Universities Auth., Rev. Bonds (The Savannah College of Art and Design Projects), 5.00% 2018 |
210 | 224 |
Private Colleges and Universities Auth., Rev. Bonds (The Savannah College of Art and Design Projects), Series 2014, 5.00% 2022 |
1,050 | 1,242 |
Private Colleges and Universities Auth., Rev. Bonds (The Savannah College of Art and Design Projects), Series 2014, 5.00% 2024 |
2,500 | 3,056 |
State Road and Tollway Auth., Federal Highway Grant Anticipation Rev. Bonds, Series 2009-A, 5.00% 2019 | 3,500 | 3,920 |
92,000 | ||
Guam 0.21% | ||
A.B. Won Pat International Airport Auth., General Rev. Bonds, Series 2013-C, AMT, 5.00% 2018 | 750 | 807 |
A.B. Won Pat International Airport Auth., General Rev. Bonds, Series 2013-C, AMT, 5.00% 2021 | 3,320 | 3,821 |
A.B. Won Pat International Airport Auth., General Rev. Bonds, Series 2013-C, AMT, 6.25% 2034 | 500 | 615 |
Education Fncg. Foundation, Certs. of Part. (Public School Facs. Project), Series 2006-A, 5.00% 2016 | 1,000 | 1,008 |
Power Auth., Rev. Ref. Bonds, Series 2012-A, Assured Guaranty Municipal insured, 5.00% 2021 | 500 | 583 |
Waterworks Auth., Water and Wastewater System Rev. Bonds, 5.00% 2026 | 965 | 1,185 |
8,019 | ||
Hawaii 0.62% | ||
Airports System Rev. Bonds, Series 2010-B, AMT, 5.00% 2018 | 9,900 | 10,695 |
G.O. Bonds, Series 2011-DZ, 5.00% 2020 | 1,125 | 1,325 |
G.O. Bonds, Series 2011-DZ, 5.00% 2020 (escrowed to maturity) | 760 | 896 |
G.O. Bonds, Series CM, FGIC-Assured Guaranty Municipal insured, 6.50% 2016 | 3,000 | 3,062 |
G.O. Ref. Bonds of 2011, Series EA, 5.00% 2019 | 1,000 | 1,143 |
City and County of Honolulu, G.O. Bonds, Series 2007-A, Assured Guaranty Municipal insured, 5.00% 2019 (preref. 2017) | 1,000 | 1,042 |
City and County of Honolulu, G.O. Bonds, Series 2012-B, 5.00% 2021 | 1,250 | 1,509 |
City and County of Honolulu, Wastewater System Rev. Bonds (First Bond Resolution), Series 2015-B, 5.00% 2026 |
1,000 | 1,283 |
Pacific Health Obligated Group, Special Purpose Rev. Bonds (Dept. of Budget and Fin.), Series 2010-B, 5.00% 2017 |
450 | 467 |
Limited Term Tax-Exempt Bond Fund of America — Page 11 of 38
Bonds, notes & other debt instruments Hawaii (continued) |
Principal amount (000) |
Value (000) |
Pacific Health Obligated Group, Special Purpose Rev. Bonds (Dept. of Budget and Fin.), Series 2010-B, 5.00% 2018 |
$500 | $539 |
Dept. of Transportation, Airports Division Lease Rev. Certs. of Part., Series 2013, AMT, 5.00% 2023 | 1,000 | 1,209 |
23,170 | ||
Idaho 0.32% | ||
Housing and Fin. Assn., Grant and Rev. Anticipation Bonds (Federal Highway Trust Fund), Series 2009-A, 5.00% 2017 | 4,500 | 4,684 |
Housing and Fin. Assn., Grant and Rev. Anticipation Bonds (Federal Highway Trust Fund), Series 2009-A, 5.00% 2020 | 3,000 | 3,352 |
Housing and Fin. Assn., Grant and Rev. Anticipation Bonds (Federal Highway Trust Fund), Series 2015-A, 5.00% 2025 | 1,500 | 1,878 |
Housing and Fin. Assn., Grant and Rev. Anticipation Bonds (Federal Highway Trust Fund), Series 2015-A, 5.00% 2026 | 1,515 | 1,919 |
11,833 | ||
Illinois 8.27% | ||
Build Bonds (Sales Tax Rev. Bonds), Series June 2013, 5.00% 2020 | 1,000 | 1,150 |
Build Bonds (Sales Tax Rev. Ref. Bonds), Second Series May 2002, FGIC-National insured, 5.75% 2019 | 2,390 | 2,717 |
Build Bonds (Sales Tax Rev. Ref. Bonds), Series June 2010, 5.00% 2020 | 1,000 | 1,150 |
Chicago Transit Auth., Capital Grant Receipts Rev. Bonds (Federal Transit Administration Section 5307 Guideway Modernization Formula Funds), Assured Guaranty insured, 5.00% 2022 | 1,400 | 1,602 |
Chicago Transit Auth., Capital Grant Receipts Rev. Bonds, Assured Guaranty insured, 5.00% 2019 | 4,595 | 4,665 |
Chicago Transit Auth., Capital Grant Receipts Rev. Bonds, Assured Guaranty insured, 5.00% 2019 (preref. 2016) |
905 | 919 |
Chicago Transit Auth., Sales Tax Receipts Rev. Bonds, Series 2011, 5.00% 2021 | 2,000 | 2,301 |
City of Chicago, Chicago Midway Airport, Rev. Ref. Bonds, Series 2014-A, AMT, 5.00% 2023 | 1,000 | 1,195 |
City of Chicago, Chicago Midway Airport, Rev. Ref. Bonds, Series 2014-A, AMT, 5.00% 2024 | 7,000 | 8,506 |
City of Chicago, O’Hare International Airport, General Airport Rev. Bonds, Series 2011-B, 5.00% 2017 |
1,500 | 1,528 |
City of Chicago, O’Hare International Airport, General Airport Rev. Bonds, Series 2011-B, 5.00% 2019 |
2,785 | 3,064 |
City of Chicago, O’Hare International Airport, General Airport Rev. Bonds, Series 2012-B, AMT, 5.00% 2024 |
2,000 | 2,346 |
City of Chicago, O’Hare International Airport, General Airport Rev. Bonds, Series 2013-A, AMT, 5.00% 2022 |
3,055 | 3,608 |
City of Chicago, O’Hare International Airport, General Airport Rev. Ref. Bonds, Series 2008-A, Assured Guaranty Municipal insured, 5.00% 2019 |
2,000 | 2,121 |
City of Chicago, O’Hare International Airport, General Airport Rev. Ref. Bonds, Series 2012-A, AMT, 5.00% 2025 |
6,170 | 7,199 |
City of Chicago, O’Hare International Airport, General Airport Rev. Ref. Bonds, Series 2013-A, AMT, 5.00% 2021 |
10,000 | 11,576 |
City of Chicago, O’Hare International Airport, General Airport Rev. Ref. Bonds, Series 2013-A, AMT, 5.00% 2023 |
5,000 | 5,990 |
City of Chicago, O’Hare International Airport, General Airport Rev. Ref. Bonds, Series 2015-B, 5.00% 2023 |
1,500 | 1,828 |
City of Chicago, O’Hare International Airport, Passenger Fac. Charge Rev. Ref. Bonds, Series 2012-B, AMT, 5.00% 2018 |
2,000 | 2,115 |
City of Chicago, O’Hare International Airport, Passenger Fac. Charge Rev. Ref. Bonds, Series 2012-B, AMT, 5.00% 2019 |
2,000 | 2,194 |
City of Chicago, O’Hare International Airport, Passenger Fac. Charge Rev. Ref. Bonds, Series 2013-B, AMT, 5.00% 2022 |
3,000 | 3,543 |
City of Chicago, Wastewater Transmission Rev. Project Bonds, Series 2012, 5.00% 2021 | 850 | 962 |
City of Chicago, Wastewater Transmission Rev. Ref. Bonds, Series 2008-C, 5.00% 2022 | 460 | 532 |
City of Chicago, Wastewater Transmission Rev. Ref. Bonds, Series 2014, 5.00% 2022 | 750 | 863 |
Limited Term Tax-Exempt Bond Fund of America — Page 12 of 38
Bonds, notes & other debt instruments Illinois (continued) |
Principal amount (000) |
Value (000) |
City of Chicago, Wastewater Transmission Rev. Ref. Bonds, Series 2014, 5.00% 2023 | $1,435 | $1,673 |
City of Chicago, Water Rev. Bonds, Series 2000, 5.00% 2022 | 10,500 | 12,341 |
City of Chicago, Water Rev. Bonds, Series 2004, 5.00% 2026 | 1,235 | 1,524 |
City of Chicago, Water Rev. Bonds, Series 2004, 5.00% 2027 | 1,250 | 1,528 |
City of Chicago, Water Rev. Ref. Bonds, Series 2012, 5.00% 2025 | 775 | 900 |
City of Chicago, Water Rev. Ref. Bonds, Series 2014, 5.00% 2023 | 700 | 835 |
Metropolitan Water Reclamation Dist. of Greater Chicago, G.O. Unlimited Tax Rev. Ref. Bonds, Series 2016-A, 5.00% 2025 | 2,000 | 2,535 |
Metropolitan Water Reclamation Dist. of Greater Chicago, G.O. Unlimited Tax Rev. Ref. Bonds, Series 2016-A, 5.00% 2026 | 2,500 | 3,204 |
County of Cook, G.O. Ref. Bonds, Series 2009-A, 5.00% 2016 | 2,500 | 2,532 |
County of Cook, G.O. Ref. Bonds, Series 2011-A, 5.00% 2019 | 2,500 | 2,790 |
County of Cook, G.O. Rev. Ref. Bonds, Series 2016-A, 5.00% 2019 | 1,000 | 1,116 |
County of Cook, G.O. Rev. Ref. Bonds, Series 2016-A, 5.00% 2022 | 1,000 | 1,179 |
County of Cook, G.O. Rev. Ref. Bonds, Series 2016-A, Assured Guaranty Municipal insured, 5.00% 2026 | 4,000 | 5,022 |
Regional Transportation Auth. of Cook, DuPage, Kane, Lake, McHenry and Will Counties, G.O. Bonds, Series 2001-A, FGIC-National insured, 5.50% 2020 |
2,000 | 2,351 |
Regional Transportation Auth. of Cook, DuPage, Kane, Lake, McHenry and Will Counties, G.O. Rev. Ref. Bonds, Series 1997, FGIC-National insured, 6.00% 2020 | 4,000 | 4,600 |
Regional Transportation Auth. of Cook, DuPage, Kane, Lake, McHenry and Will Counties, G.O. Rev. Ref. Bonds, Series 1999, Assured Guaranty Municipal insured, 5.75% 2017 | 5,000 | 5,217 |
Regional Transportation Auth. of Cook, DuPage, Kane, Lake, McHenry and Will Counties, G.O. Rev. Ref. Bonds, Series 1999, Assured Guaranty Municipal insured, 5.75% 2023 | 1,000 | 1,235 |
Regional Transportation Auth. of Cook, DuPage, Kane, Lake, McHenry and Will Counties, G.O. Rev. Ref. Bonds, Series 2003-A, FGIC-National insured, 5.50% 2018 | 7,720 | 8,434 |
Educational Facs. Auth., Rev. Bonds (University of Chicago), Series 2001-B-1, 1.10% 2036 (put 2018) | 1,250 | 1,256 |
Fin. Auth., Rev. Bonds (Advocate Health Care Network), Series 2008-D, 5.25% 2016 | 1,000 | 1,012 |
Fin. Auth., Rev. Bonds (Advocate Health Care Network), Series 2008-D, 5.50% 2018 | 1,000 | 1,077 |
Fin. Auth., Rev. Bonds (Advocate Health Care Network), Series 2010-D, 5.00% 2019 | 1,000 | 1,112 |
Fin. Auth., Rev. Bonds (Advocate Health Care Network), Series 2014, 5.00% 2021 | 375 | 447 |
Fin. Auth., Rev. Bonds (Art Institute of Chicago), Series 2009-A, 5.25% 2019 | 1,400 | 1,558 |
Fin. Auth., Rev. Bonds (Ascension Health Alliance Credit Group), Series 2012-E, 5.00% 2042 (put 2017) | 1,000 | 1,033 |
Fin. Auth., Rev. Bonds (Central DuPage Health), Series 2009, 5.00% 2017 | 2,180 | 2,292 |
Fin. Auth., Rev. Bonds (Central DuPage Health), Series 2009, 5.00% 2018 | 2,230 | 2,432 |
Fin. Auth., Rev. Bonds (Central DuPage Health), Series 2009, 5.00% 2019 | 2,185 | 2,460 |
Fin. Auth., Rev. Bonds (Lifespace Communities), Series 2015-A, 5.00% 2020 | 290 | 329 |
Fin. Auth., Rev. Bonds (Lifespace Communitys), Series 2015-A, 5.00% 2022 | 200 | 238 |
Fin. Auth., Rev. Bonds (Lifespace Communitys), Series 2015-A, 5.00% 2026 | 540 | 669 |
Fin. Auth., Rev. Bonds (Lifespace Communitys), Series 2015-A, 5.00% 2028 | 1,060 | 1,296 |
Fin. Auth., Rev. Bonds (Mercy Health Corp.), Series 2016, 5.00% 2025 | 5,530 | 6,985 |
Fin. Auth., Rev. Bonds (Mercy Health Corp.), Series 2016, 5.00% 2027 | 5,000 | 6,241 |
Fin. Auth., Rev. Bonds (Northwest Community Hospital), Series 2016-A, 5.00% 2026 | 1,080 | 1,362 |
Fin. Auth., Rev. Bonds (Northwest Community Hospital), Series 2016-A, 5.00% 2027 | 1,000 | 1,251 |
Fin. Auth., Rev. Bonds (Presbyterian Homes Obligated Group), Series 2016-A, 1.25% 2018 | 500 | 501 |
Fin. Auth., Rev. Bonds (Presbyterian Homes Obligated Group), Series 2016-A, 5.00% 2024 | 1,750 | 2,144 |
Fin. Auth., Rev. Bonds (Presbyterian Homes Obligated Group), Series 2016-B, 1.677% 2036 (put 2021)1 | 2,275 | 2,293 |
Fin. Auth., Rev. Bonds (Rehab Institute of Chicago), Series 2013-A, 5.00% 2022 | 1,665 | 1,978 |
Fin. Auth., Rev. Bonds (Rehabilitation Institute of Chicago), Series 2013-A, 5.00% 2017 | 1,000 | 1,035 |
Fin. Auth., Rev. Bonds (University of Chicago), Series 2008-B, 5.50% 2019 | 2,500 | 2,736 |
Fin. Auth., Rev. Bonds (University of Chicago), Series 2009-B, 5.00% 2017 | 2,325 | 2,420 |
Fin. Auth., Rev. Bonds (University of Chicago), Series 2009-B, 5.00% 2017 (escrowed to maturity) | 175 | 182 |
Fin. Auth., Rev. Ref. Bonds (Advocate Health Care Network), Series 2008-A-3, 5.00% 2030 (put 2019) | 6,000 | 6,677 |
Fin. Auth., Rev. Ref. Bonds (Loyola University of Chicago), Series 2012-B, 5.00% 2023 | 1,970 | 2,345 |
Fin. Auth., Rev. Ref. Bonds (Northwestern Memorial Hospital), Series 2009-A, 5.00% 2018 | 3,000 | 3,260 |
Fin. Auth., Rev. Ref. Bonds (OSF Healthcare System), Series 2015-A, 5.00% 2023 | 750 | 919 |
Limited Term Tax-Exempt Bond Fund of America — Page 13 of 38
Bonds, notes & other debt instruments Illinois (continued) |
Principal amount (000) |
Value (000) |
Fin. Auth., Rev. Ref. Bonds (OSF Healthcare System), Series 2015-A, 5.00% 2026 | $1,165 | $1,448 |
Fin. Auth., Rev. Ref. Bonds (OSF Healthcare System), Series 2015-A, 5.00% 2029 | 1,500 | 1,829 |
Fin. Auth., Rev. Ref. Bonds (Provena Health), Series 2009-A, 7.75% 2034 | 1,000 | 1,201 |
Fin. Auth., Rev. Ref. Bonds (Provena Health), Series 2010-A, 5.50% 2017 | 2,500 | 2,579 |
Fin. Auth., Rev. Ref. Bonds (University of Chicago Medical Center), Series 2009-A, 5.00% 2017 | 2,500 | 2,616 |
Fin. Auth., Rev. Ref. Bonds (University of Chicago Medical Center), Series 2009-A, 5.00% 2018 | 7,500 | 8,170 |
Fin. Auth., Student Housing Rev. Bonds (CHF - Cook, LLC - Northeastern Illinois University Project), Series 2015-A, 5.00% 2023 |
775 | 858 |
Fin. Auth., Student Housing Rev. Bonds (CHF - Cook, LLC - Northeastern Illinois University Project), Series 2015-A, 5.00% 2024 |
815 | 907 |
Fin. Auth., Student Housing Rev. Bonds (CHF - Cook, LLC - Northeastern Illinois University Project), Series 2015-A, 5.00% 2025 |
730 | 816 |
Fin. Auth., Student Housing Rev. Ref. Bonds, Educational Advancement Fund, Inc. (University Center), 5.125% 2020 |
5,955 | 6,434 |
G.O. Bonds, Illinois FIRST, Series of August 2001, National insured, 5.50% 2017 | 1,575 | 1,646 |
G.O. Bonds, Series of March 2013, 5.00% 2022 | 1,250 | 1,406 |
Housing Dev. Auth., Multifamily Housing Rev. Notes (Marshall Field Garden Apartment Homes), 1.44% 2050 (put 2025)1 | 10,500 | 10,449 |
Housing Dev. Auth., Rev. Bonds, Series 2016-A, 4.00% 2046 | 3,000 | 3,309 |
Fin. Auth., Rev. Bonds (Presence Health Network Obligated Group), Series 2016-C, 5.00% 2022 | 1,500 | 1,714 |
Fin. Auth., Rev. Bonds (Presence Health Network Obligated Group), Series 2016-C, 5.00% 2023 | 1,545 | 1,786 |
Fin. Auth., Rev. Bonds (Presence Health Network Obligated Group), Series 2016-C, 5.00% 2024 | 1,425 | 1,660 |
Fin. Auth., Rev. Bonds (Presence Health Network Obligated Group), Series 2016-C, 5.00% 2025 | 850 | 992 |
Board of Trustees of Illinois State University, Auxiliary Facs. System Rev. Bonds, Series 2016, Assured Guaranty Municipal insured, 5.00% 2023 | 2,700 | 3,214 |
Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Rev. Ref. Bonds, Series 2012-B, 5.00% 2020 |
1,000 | 1,128 |
Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Rev. Ref. Bonds, Series 2012-B, 5.00% 2028 | 1,000 | 1,119 |
Municipal Electric Agcy., Power Supply System Rev. Ref. Bonds, Series 2015-A, 5.00% 2027 | 3,000 | 3,731 |
Railsplitter Tobacco Settlement Auth., Tobacco Settlement Rev. Bonds, Series 2010, 5.125% 2019 | 6,500 | 7,242 |
Railsplitter Tobacco Settlement Auth., Tobacco Settlement Rev. Bonds, Series 2010, 5.25% 2020 | 6,525 | 7,518 |
Railsplitter Tobacco Settlement Auth., Tobacco Settlement Rev. Bonds, Series 2010, 5.375% 2021 | 1,000 | 1,188 |
Railsplitter Tobacco Settlement Auth., Tobacco Settlement Rev. Bonds, Series 2010, 5.50% 2023 |
12,925 | 15,238 |
Board of Trustees of Southern Illinois University, Housing and Auxiliary Facs. System Rev. Bonds, Series 2012-B-1, 5.00% 2023 |
1,520 | 1,645 |
Board of Trustees of Southern Illinois University, Housing and Auxiliary Facs. System Rev. Bonds, Series 2012-B-1, 5.00% 2025 |
2,005 | 2,141 |
Southwestern Illinois Dev. Auth., Health Fac. Rev. Bonds (Memorial Group, Inc.), Series 2013, 7.125% 2043 | 2,500 | 3,422 |
Southwestern Illinois Dev. Auth., Health Fac. Rev. Bonds (Memorial Group, Inc.), Series 2013, 7.625% 2048 |
2,000 | 2,801 |
City of Springfield, Electric Rev. Bonds, Series 2008, 5.00% 2017 | 3,000 | 3,077 |
State Toll Highway Auth., Toll Highway Rev. Bonds, Series 2014-A, 5.00% 2021 | 1,250 | 1,497 |
State Toll Highway Auth., Toll Highway Rev. Bonds, Series 2014-D, 5.00% 2024 | 3,375 | 4,202 |
Toll Highway Auth., Toll Highway Rev. Bonds, Series 2016-B, 5.00% 2027 | 950 | 1,229 |
Unemployment Insurance Fund Building Receipts Rev. Bonds (Illinois Dept. of Employment Security), Series 2012-B, 5.00% 2017 |
2,000 | 2,034 |
Board of Trustees of The University of Illinois, University of Illinois Auxiliary Facs. System Rev. Bonds, Series 2011-A, 5.00% 2019 |
770 | 854 |
Village of Volo, Lake County, Special Service Areas Number Three and Number Six, Special Tax Rev. Ref Bonds (Symphony Meadows/Lancaster Falls Projects), Assured Guaranty Municipal insured, 3.00% 2017 | 200 | 202 |
Village of Volo, Lake County, Special Service Areas Number Three and Number Six, Special Tax Rev. Ref Bonds (Symphony Meadows/Lancaster Falls Projects), Assured Guaranty Municipal insured, 3.00% 2018 | 200 | 206 |
Limited Term Tax-Exempt Bond Fund of America — Page 14 of 38
Bonds, notes & other debt instruments Illinois (continued) |
Principal amount (000) |
Value (000) |
Village of Volo, Lake County, Special Service Areas Number Three and Number Six, Special Tax Rev. Ref Bonds (Symphony Meadows/Lancaster Falls Projects), Assured Guaranty Municipal insured, 3.00% 2020 | $625 | $655 |
United City of Yorkville, Special Tax Rev. Ref. Bonds (Special Service Area Numbers 2005-108 and 2005-109), Assured Guaranty Municipal insured, 2.375% 2022 | 555 | 563 |
United City of Yorkville, Special Tax Rev. Ref. Bonds (Special Service Area Numbers 2005-108 and 2005-109), Assured Guaranty Municipal insured, 2.625% 2023 | 1,110 | 1,132 |
United City of Yorkville, Special Tax Rev. Ref. Bonds (Special Service Area Numbers 2005-108 and 2005-109), Assured Guaranty Municipal insured, 3.00% 2018 | 830 | 853 |
United City of Yorkville, Special Tax Rev. Ref. Bonds (Special Service Area Numbers 2005-108 and 2005-109), Assured Guaranty Municipal insured, 3.00% 2021 | 995 | 1,043 |
309,984 | ||
Indiana 2.91% | ||
Fin. Auth., Health System Rev. Bonds (Franciscan Alliance, Inc.), Series 2016-B, 5.00% 2022 | 700 | 851 |
Fin. Auth., Health System Rev. Bonds (Franciscan Alliance, Inc.), Series 2016-B, 5.00% 2023 | 500 | 616 |
Fin. Auth., Health System Rev. Bonds (Franciscan Alliance, Inc.), Series 2016-B, 5.00% 2024 | 1,000 | 1,251 |
Fin. Auth., Health System Rev. Bonds (Franciscan Alliance, Inc.), Series 2016-B, 5.00% 2025 | 600 | 760 |
Fin. Auth., Health System Rev. Bonds (Franciscan Alliance, Inc.), Series 2016-B, 5.00% 2026 | 350 | 440 |
Fin. Auth., Health System Rev. Bonds (Franciscan Alliance, Inc.), Series 2016-B, 5.00% 2027 | 220 | 275 |
Fin. Auth., Hospital Rev. Ref. Bonds (Beacon Health Obligated Group), Series 2013-A, 5.00% 2021 | 1,000 | 1,191 |
Fin. Auth., Hospital Rev. Ref. Bonds (Community Health Network Project), Series 2012-A, 5.00% 2020 | 1,460 | 1,668 |
Fin. Auth., Hospital Rev. Ref. Bonds (Indiana University Health Obligated Group), Series 2011-N, 5.00% 2020 | 5,000 | 5,745 |
Fin. Auth., Hospital Rev. Ref. Bonds (Indiana University Health Obligated Group), Series 2014-A, 5.00% 2023 | 1,025 | 1,279 |
Fin. Auth., Hospital Rev. Ref. Bonds (Indiana University Health Obligated Group), Series 2016-A, 5.00% 2023 | 1,500 | 1,877 |
Fin. Auth., Hospital Rev. Ref. Bonds (Indiana University Health Obligated Group), Series 2016-A, 5.00% 2024 | 1,000 | 1,272 |
Fin. Auth., Hospital Rev. Ref. Bonds (Indiana University Health Obligated Group), Series 2016-A, 5.00% 2025 | 2,000 | 2,579 |
Fin. Auth., Hospital Rev. Ref. Bonds (Parkview Health System Obligated Group), Series 2009-A, 5.00% 2017 | 1,640 | 1,691 |
Fin. Auth., Hospital Rev. Ref. Bonds (Parkview Health System Obligated Group), Series 2012-A, 5.00% 2021 | 2,000 | 2,362 |
Fin. Auth., Hospital Rev. Ref. Bonds (Parkview Health System Obligated Group), Series 2012-A, 5.00% 2022 | 2,000 | 2,416 |
Fin. Auth., Private Activity Bonds (Ohio River Bridges East End Crossing Project), Series 2013-B, AMT, 5.00% 2019 |
10,440 | 10,623 |
Fin. Auth., Rev. Ref. Bonds (Community Foundation of Northwest Indiana Obligated Group), 5.00% 2026 | 500 | 615 |
Fin. Auth., Rev. Ref. Bonds (Community Foundation of Northwest Indiana Obligated Group), 5.00% 2027 | 500 | 606 |
Fin. Auth., Rev. Ref. Bonds (Community Foundation of Northwest Indiana Obligated Group), 5.00% 2028 | 500 | 602 |
Fin. Auth., State Revolving Fund Program Bonds, Series 2007-B, 5.00% 2018 | 3,545 | 3,784 |
Fin. Auth., State Revolving Fund Program Rev. Ref. Bonds, Series 2005-A, 5.25% 2018 (escrowed to maturity) | 3,000 | 3,212 |
Fin. Auth., Wastewater Utility Rev. Bonds (CWA Auth. Project), Series 2011-B, 5.00% 2019 | 1,000 | 1,128 |
Gary/Chicago International Airport Auth., Airport Dev. Zone Rev. Bonds, AMT, 5.50% 2025 | 3,630 | 3,895 |
Health and Educational Fac. Fncg. Auth., Rev. Bonds (Ascension Health Credit Group), Series 2005-A-1, 2.80% 2027 (put 2019) |
1,850 | 1,949 |
Health and Educational Fac. Fncg. Auth., Rev. Bonds (Ascension Health Credit Group), Series 2005-A-5, 2.00% 2027 (put 2017) |
935 | 947 |
Health and Educational Fac. Fncg. Auth., Rev. Bonds (Ascension Health Credit Group), Series 2006-B-7, 4.10% 2046 (put 2016) |
2,000 | 2,018 |
Housing and Community Dev. Auth., Single Family Mortgage Rev. Bonds, Series 2016-A-2, AMT, 3.50% 2038 | 2,550 | 2,722 |
Trustees of Indiana University, Consolidated Rev. Bonds, Series 2009-A, 5.00% 2017 | 1,000 | 1,038 |
Trustees of Indiana University, Consolidated Rev. Bonds, Series 2009-A, 5.00% 2018 | 1,000 | 1,081 |
Trustees of Indiana University, Consolidated Rev. Bonds, Series 2009-A, 5.00% 2019 | 1,000 | 1,123 |
Trustees of Indiana University, Consolidated Rev. Ref. Bonds, Series 2015-W-2, 5.00% 2021 | 1,300 | 1,559 |
Indianapolis Airport Auth., Special Fac. Rev. Ref. Bonds (Federal Express Corp. Project), Series 2004, AMT, 5.10% 2017 (escrowed to maturity) | 20,545 | 20,962 |
Indianapolis, Local Public Improvement, Bond Bank Bonds (Indianapolis Airport Auth. Project), Series 2014-D, AMT, 5.00% 2022 | 2,000 | 2,379 |
Indianapolis, Local Public Improvement, Bond Bank Rev. Ref. Bonds, Series 2009-B, 5.00% 2017 | 3,000 | 3,068 |
Limited Term Tax-Exempt Bond Fund of America — Page 15 of 38
Bonds, notes & other debt instruments Indiana (continued) |
Principal amount (000) |
Value (000) |
Jasper County, Pollution Control Rev. Ref. Bonds (Northern Indiana Public Service Co. Project), Series 1988-A, National insured, 5.60% 2016 | $4,000 | $4,049 |
Jasper County, Pollution Control Rev. Ref. Bonds (Northern Indiana Public Service Co. Project), Series 1988-C, National insured, 5.85% 2019 | 2,000 | 2,227 |
Jasper County, Pollution Control Rev. Ref. Bonds (Northern Indiana Public Service Co. Project), Series 2003, AMBAC insured, 5.70% 2017 | 2,000 | 2,088 |
Municipal Power Agcy., Power Supply System Rev. Bonds, Series 2016-C, 5.00% 2025 | 1,000 | 1,264 |
Municipal Power Agcy., Power Supply System Rev. Bonds, Series 2016-C, 5.00% 2026 | 2,400 | 3,077 |
Posey County, Econ. Dev. Rev. Ref. Bonds, (Midwest Fertilizer Company LLC Project), 0.35% 2046 (put 2016) | 2,000 | 2,000 |
Trustees of Purdue University, Purdue University Student Facs. System, Rev. Ref. Bonds., Series 2011-A, 5.00% 2022 |
1,200 | 1,425 |
City of Whiting, Environmental Facs. Rev. Bonds (BP Products North America Inc. Project), AMT, 5.00% 2045 (put 2022) |
2,000 | 2,368 |
City of Whiting, Environmental Facs. Rev. Bonds (BP Products North America Inc. Project), Series 2008, 1.85% 2044 (put 2019) |
1,000 | 1,013 |
109,095 | ||
Iowa 0.02% | ||
Fin. Auth., Single Family Mortgage Bonds, Series 2015-A, AMT, 3.50% 2040 | 845 | 895 |
Kansas 0.08% | ||
Dev. Fin. Auth., Hospital Rev. Ref. Bonds (Adventist Health System/Sunbelt Obligated Group), Series 2009-D, 5.00% 2020 |
1,150 | 1,312 |
Dev. Fin. Auth., Hospital Rev. Ref. Bonds (Adventist Health System/Sunbelt Obligated Group), Series 2009-D, 5.00% 2022 |
1,750 | 1,851 |
3,163 | ||
Kentucky 1.12% | ||
Asset/Liability Commission, Project Notes, Federal Highway Trust Fund, Series 2014-A, 5.00% 2024 | 3,000 | 3,720 |
Health Facs. Auth. Rev. Bonds (Catholic Health Initiatives), Series 2014-B, 2.70% 2039 (put 2021) | 1,500 | 1,584 |
Econ. Dev. Fin. Auth., Hospital Rev. Ref. Bonds (Baptist Healthcare System Obligated Group), Series 2009-A, 5.00% 2017 |
2,000 | 2,077 |
Econ. Dev. Fin. Auth., Hospital Rev. Ref. Bonds (Baptist Healthcare System Obligated Group), Series 2009-A, 5.00% 2018 |
2,455 | 2,636 |
Econ. Dev. Fin. Auth., Solid Waste Rev. Ref. Bonds (Republic Services, Inc. Project), Series 2010-A, AMT, 0.80% 2031 (put 2016) |
3,375 | 3,375 |
Econ. Dev. Fin. Auth., Solid Waste Rev. Ref. Bonds (Republic Services, Inc. Project), Series 2010-B, 0.65% 2031 (put 2016) |
1,545 | 1,545 |
Louisville/Jefferson County, Metro Government, Health System Rev. Bonds (Norton Healthcare, Inc.), Series 2016-A, 5.00% 2027 |
1,000 | 1,249 |
Public Transportation Infrastructure Auth., Toll Rev. Bond Anticipation Notes (Downtown Crossing Project), Series 2013-A, 5.00% 2017 | 8,625 | 8,943 |
State Property and Buildings Commission, Rev. Bonds (Project No. 89), Assured Guaranty Municipal insured, 5.00% 2018 | 2,500 | 2,744 |
State Property and Buildings Commission, Rev. Ref. Bonds (Project No. 87), Series 2007, FGIC-National insured, 5.00% 2018 | 40 | 41 |
State Property and Buildings Commission, Rev. Ref. Bonds (Project No. 87), Series 2007, FGIC-National insured, 5.00% 2018 (preref. 2017) | 2,960 | 3,039 |
State Property and Buildings Commission, Rev. Ref. Bonds (Project No. 90), 5.00% 2018 | 2,500 | 2,732 |
State Property and Buildings Commission, Road Fund Rev. Bonds (Project No. 94), 5.00% 2018 | 3,630 | 3,893 |
Turnpike Auth., Econ. Dev. Road Rev. Bonds (Revitalization Projects), Series 2012-A, 5.00% 2019 | 4,000 | 4,473 |
42,051 |
Limited Term Tax-Exempt Bond Fund of America — Page 16 of 38
Bonds, notes & other debt instruments Louisiana 1.51% |
Principal amount (000) |
Value (000) |
Aviation Board, General Airport Rev. Bonds (North Terminal Project), Series 2015-B, AMT, 5.00% 2025 | $1,600 | $1,959 |
Citizens Property Insurance Corp., Assessment Rev. Ref. Bonds, 5.00% 2017 | 1,750 | 1,812 |
Citizens Property Insurance Corp., Assessment Rev. Ref. Bonds, Assured Guaranty Municipal insured, 5.00% 2022 |
1,250 | 1,509 |
Citizens Property Insurance Corp., Assessment Rev. Ref. Bonds, Series 2012, 5.00% 2024 | 1,000 | 1,225 |
Citizens Property Insurance Corp., Assessment Rev. Ref. Bonds, Series 2016-A, 5.00% 2025 | 5,400 | 6,817 |
G.O. Bonds, Series 2011-A, 5.00% 2020 | 6,000 | 6,949 |
Gasoline and Fuels Tax Rev. Ref. Bonds, Series 2012-A-1, 5.00% 2020 | 2,000 | 2,311 |
City of New Orleans, Water Rev. and Ref. Bonds, Series 2014, 5.00% 2017 | 200 | 211 |
City of New Orleans, Water Rev. and Ref. Bonds, Series 2014, 5.00% 2018 | 560 | 613 |
City of New Orleans, Water Rev. and Ref. Bonds, Series 2014, 5.00% 2027 | 1,000 | 1,231 |
City of New Orleans, Water Rev. and Ref. Bonds, Series 2014, 5.00% 2028 | 900 | 1,098 |
Office Facs. Corp., Lease Rev. Ref. Bonds (Capitol Complex Program), Series 2009, 5.00% 2017 | 1,125 | 1,154 |
Public Facs. Auth., Rev. Bonds (Ochsner Clinic Foundation Project), 5.00% 2021 | 445 | 525 |
Public Facs. Auth., Rev. Bonds (Ochsner Clinic Foundation Project), 5.00% 2022 | 350 | 422 |
Regional Transit Auth. (New Orleans), Sales Tax Rev. Bonds, Series 2010, Assured Guaranty Municipal insured, 5.00% 2020 | 1,250 | 1,452 |
Tobacco Settlement Fncg. Corp., Tobacco Settlement Asset-Backed Ref. Bonds, Series 2013-A, 5.00% 2020 | 5,330 | 6,020 |
Tobacco Settlement Fncg. Corp., Tobacco Settlement Asset-Backed Ref. Bonds, Series 2013-A, 5.00% 2022 | 7,235 | 8,501 |
Tobacco Settlement Fncg. Corp., Tobacco Settlement Asset-Backed Ref. Bonds, Series 2013-A, 5.50% 2028 | 3,525 | 3,792 |
Tobacco Settlement Fncg. Corp., Tobacco Settlement Asset-Backed Ref. Bonds, Series 2013-A, 5.50% 2029 | 2,500 | 2,759 |
Tobacco Settlement Fncg. Corp., Tobacco Settlement Asset-Backed Rev. Ref. Bonds, Series 2013-A, 5.00% 2021 |
1,000 | 1,148 |
Tobacco Settlement Fncg. Corp., Tobacco Settlement Asset-Backed Rev. Ref. Bonds, Series 2013-A, 5.00% 2027 |
4,915 | 5,088 |
56,596 | ||
Maine 0.14% | ||
Housing Auth., Mortgage Purchase Bonds, Series 2016-B-1, 3.50% 2046 | 1,350 | 1,458 |
Housing Auth., Mortgage Purchase Rev. Ref. Bonds, Series 2013-B, 4.00% 2043 | 755 | 804 |
Housing Auth., Mortgage Purchase Rev. Ref. Bonds, Series 2015-B, 3.50% 2040 | 1,215 | 1,298 |
Housing Auth., Mortgage Purchase Rev. Ref. Bonds, Series 2015-E-1, AMT, 3.50% 2035 | 1,770 | 1,881 |
5,441 | ||
Maryland 0.97% | ||
Community Dev. Administration, Dept. of Housing and Community Dev., Residential Rev. Bonds, Series 2014-B, AMT, 3.25% 2044 |
815 | 870 |
Community Dev. Administration, Dept. of Housing and Community Dev., Residential Rev. Ref. Bonds, Series D, AMT, 4.65% 2022 |
1,000 | 1,017 |
Econ. Dev. Corp., Student Housing Rev. Ref. Bonds (Frostburg State University Project), Series 2013, 5.00% 2023 |
1,000 | 1,163 |
Econ. Dev. Corp., Student Housing Rev. Ref. Bonds (University of Maryland, College Park Projects), Assured Guaranty Municipal insured, 5.00% 2030 | 875 | 1,102 |
Health and Higher Educational Facs. Auth., Rev. Bonds (Mercy Medical Center Issue), Series 2007-A, 5.00% 2037 (preref. 2017) |
4,555 | 4,726 |
Health and Higher Educational Facs. Auth., Rev. Bonds (University of Maryland Medical System Issue), Series 2010, 5.00% 2020 |
1,000 | 1,114 |
Health and Higher Educational Facs. Auth., Rev. Ref. Bonds (MedStar Health Issue), Series 2015, 5.00% 2027 | 5,000 | 6,198 |
Stadium Auth., Rev. Bonds (Baltimore City Public Schools Construction and Revitalization Program), Series 2016, 5.00% 2018 |
1,810 | 1,951 |
Limited Term Tax-Exempt Bond Fund of America — Page 17 of 38
Bonds, notes & other debt instruments Maryland (continued) |
Principal amount (000) |
Value (000) |
Transportation Auth., Airport Parking Rev. Ref. Bonds (Baltimore/Washington International Thurgood Marshall Airport Projects), Series 2012-B, AMT, 5.00% 2020 | $8,150 | $9,275 |
Transportation Auth., Airport Parking Rev. Ref. Bonds (Baltimore/Washington International Thurgood Marshall Airport Projects), Series 2012-B, AMT, 5.00% 2021 | 7,565 | 8,814 |
36,230 | ||
Massachusetts 2.02% | ||
Dev. Fin. Agcy., Boston Medical Center Rev. Bonds (Green Bonds), Series 2012-C, 5.25% 2025 | 2,390 | 2,819 |
Dev. Fin. Agcy., Rev. Bonds (Berkshire Health Systems Issue), Series 2012-G, 5.00% 2020 | 1,205 | 1,389 |
Dev. Fin. Agcy., Rev. Bonds (Berkshire Health Systems Issue), Series 2012-G, 5.00% 2021 | 1,500 | 1,771 |
Dev. Fin. Agcy., Rev. Bonds (CareGroup Obligated Group), Series 2016-I, 5.00% 2025 | 2,500 | 3,159 |
Dev. Fin. Agcy., Rev. Bonds (CareGroup Obligated Group), Series 2016-I, 5.00% 2026 | 1,000 | 1,281 |
Dev. Fin. Agcy., Rev. Bonds (Partners HealthCare System), Series 2014-M-3, 0.99% 2038 (put 2018)1 | 8,945 | 8,944 |
Dev. Fin. Agcy., Rev. Bonds (Partners HealthCare System), Series 2015-O-3, 0.92% 2050 (put 2020)1 | 3,000 | 2,939 |
Dev. Fin. Agcy., Rev. Bonds (Umass Memorial Health Care Obligated Group Issue), Series 2016-I, 5.00% 2024 | 1,000 | 1,237 |
Dev. Fin. Agcy., Rev. Bonds (Umass Memorial Health Care Obligated Group Issue), Series 2016-I, 5.00% 2025 | 1,275 | 1,599 |
Dev. Fin. Agcy., Rev. Bonds (Umass Memorial Health Care Obligated Group Issue), Series 2016-I, 5.00% 2026 | 1,150 | 1,460 |
Dev. Fin. Agcy., Rev. Bonds (Umass Memorial Health Care Obligated Group Issue), Series 2016-I, 5.00% 2027 | 1,150 | 1,444 |
Dev. Fin. Agcy., Rev. Ref. Bonds (Tufts Medical Center Issue), Series 2011-I, 6.875% 2041 | 2,415 | 2,914 |
Educational Fncg. Auth., Education Loan Rev. Bonds, Series 2016-J, AMT, 3.50% 2033 | 5,000 | 5,104 |
Educational Fncg. Auth., Education Loan Rev. Bonds, Series 2016-J, AMT, 5.00% 2024 | 4,000 | 4,777 |
Educational Fncg. Auth., Education Loan Rev. Bonds, Issue J, Series 2012, AMT, 5.00% 2020 | 3,635 | 4,081 |
Educational Fncg. Auth., Education Loan Rev. Bonds, Series 2014-I, AMT, 5.00% 2022 | 3,000 | 3,429 |
Educational Fncg. Auth., Education Loan Rev. Bonds, Series 2014-I, AMT, 5.00% 2023 | 3,000 | 3,469 |
Educational Fncg. Auth., Education Loan Rev. Bonds, Series 2014-I, AMT, 5.00% 2025 | 3,000 | 3,564 |
Health and Educational Facs. Auth., Rev. Ref. Bonds (CareGroup Issue), Series 2008-E-2, 5.00% 2017 | 5,000 | 5,197 |
Housing Fin. Agcy., Single Family Housing Rev. Bonds, Series 167, 4.00% 2043 | 785 | 831 |
Housing Fin. Agcy., Single Family Housing Rev. Bonds, Series 181, 4.00% 2044 | 2,000 | 2,188 |
Housing Fin. Agcy., Single Family Housing Rev. Ref. Bonds, Series 171, 4.00% 2044 | 910 | 996 |
Housing Fin. Agcy., Single Family Housing Rev. Ref. Bonds, Series 177, AMT, 4.00% 2039 | 3,365 | 3,652 |
Massachusetts Bay Transportation Auth., Sales Tax Rev. Ref. Bonds, Series 2004-C, 5.50% 2018 | 3,000 | 3,282 |
Port Auth., Rev. Bonds, Series 2012-A, AMT, 4.00% 2020 | 525 | 579 |
Port Auth., Rev. Bonds, Series 2012-A, AMT, 5.00% 2019 | 465 | 521 |
Port Auth., Rev. Bonds, Series 2012-A, AMT, 5.00% 2021 | 305 | 362 |
Special Obligation Dedicated Tax Rev. Ref. Bonds, Series 2005, FGIC-National insured, 5.00% 2020 | 2,580 | 2,939 |
75,927 | ||
Michigan 4.55% | ||
City of Detroit, Water and Sewerage Dept., Sewage Disposal System Rev. Ref. Bonds, Series 2004-A, Assured Guaranty Municipal Insured, 5.25% 2020 | 150 | 174 |
City of Detroit, Water and Sewerage Dept., Sewage Disposal System Rev. Ref. Bonds, Series 2012-A, Assured Guaranty Municipal insured, 5.00% 2018 |
1,500 | 1,619 |
School Dist. of the City of Detroit (Wayne County), School Building and Site Improvement Ref. Bonds (Unlimited Tax G.O.), Series 2012-A, 5.00% 2019 | 1,200 | 1,324 |
Fin. Auth. Local Government Loan Program Rev. Bonds (Water and Sewerage Dept. Sewage Disposal System Rev. Ref. Local Project), Series 2014-C-3, Assured Guaranty Municipal insured, 5.00% 2022 | 5,000 | 5,973 |
Fin. Auth. Local Government Loan Program Rev. Bonds (Water and Sewerage Dept. Sewage Disposal System Rev. Ref. Local Project), Series 2014-C-3, Assured Guaranty Municipal insured, 5.00% 2023 | 1,215 | 1,478 |
Fin. Auth. Local Government Loan Program Rev. Bonds (Water and Sewerage Dept. Sewage Disposal System Rev. Ref. Local Project), Series 2014-C-3, Assured Guaranty Municipal insured, 5.00% 2024 | 4,000 | 4,951 |
Fin. Auth., Local Government Loan Program Rev. Bonds (Detroit Water and Sewerage Dept., Sewage Disposal System Rev. Ref. Local Project Bonds), Series 2015-C, 5.00% 2027 | 1,000 | 1,216 |
Fin. Auth., Hospital Rev. Ref. Bonds (Beaumont Health Credit Group), Series 2015, 5.00% 2025 | 4,000 | 4,975 |
Fin. Auth., Hospital Rev. Ref. Bonds (Mclaren Health Care), Series 2015-D-2, 1.085% 2038 (put 2020)1 | 8,420 | 8,410 |
Fin. Auth., Hospital Rev. Ref. Bonds (Oakwood Obligated Group), Series 2012, 5.00% 2022 | 5,000 | 6,057 |
Limited Term Tax-Exempt Bond Fund of America — Page 18 of 38
Bonds, notes & other debt instruments Michigan (continued) |
Principal amount (000) |
Value (000) |
Fin. Auth., Local Government Loan Program, Rev. Bonds (City of Detroit Distributable State Aid UTGO Ref. Local Project Bonds), Series 2016-C-3, 4.00% 2017 | $2,000 | $2,040 |
Fin. Auth., Rev. Bonds (School Dist. of the City of Detroit), Series 2011, 5.50% 2021 | 3,500 | 3,730 |
Fin. Auth., Student Loan Rev. Ref. Bonds, Series 25-A, AMT, 5.00% 2020 | 1,750 | 1,966 |
Fin. Auth., Student Loan Rev. Ref. Bonds, Series 25-A, AMT, 5.00% 2021 | 1,650 | 1,888 |
Fin. Auth., Unemployment Obligation Assessment Rev. Ref. Bonds, Series 2012-A, 5.00% 2018 | 5,025 | 5,455 |
G.O. Bonds (Environmental Program and Ref.), Series 2008-A, 5.00% 2018 | 5,000 | 5,387 |
G.O. Bonds (Environmental Program and Ref.), Series 2008-A, 5.00% 2019 | 4,500 | 4,849 |
County of Genesee, Water Supply System Rev. Ref. Bonds (Limited Tax G.O.), Series 2014, Build America Mutual insured, 5.00% 2022 |
515 | 623 |
County of Genesee, Water Supply System Rev. Ref. Bonds (Limited Tax G.O.), Series 2014, Build America Mutual insured, 5.00% 2023 |
500 | 616 |
County of Genesee, Water Supply System Rev. Ref. Bonds (Limited Tax G.O.), Series 2014, Build America Mutual insured, 5.00% 2024 |
850 | 1,051 |
Grant Anticipation Rev. Ref. Bonds, Series 2016, 5.00% 2024 | 4,500 | 5,603 |
Fin. Auth., Hospital Rev. Ref. Bonds (MidMichigan Health Credit Group), Series 2014, 5.00% 2023 | 810 | 994 |
Hospital Fin. Auth., Hospital Rev. Ref. Bonds (Henry Ford Health System), Series 2009, 5.50% 2017 | 1,000 | 1,049 |
Hospital Fin. Auth., Hospital Rev. Ref. Bonds (McLaren Health Care), Series 2012-A, 5.00% 2021 | 2,000 | 2,366 |
Hospital Fin. Auth., Rev. Ref. Bonds (Trinity Health Credit Group), Series 2008-A, 6.00% 2034 (put 2017) | 4,000 | 4,283 |
Housing Dev. Auth., Single Family Mortgage Rev. Bonds, Series 2016-A, 4.00% 2046 | 1,000 | 1,098 |
Kent Hospital Fin. Auth., Rev. Ref. Bonds (Spectrum Health System), Series 2011-A, 5.00% 2017 | 1,500 | 1,582 |
Regents of the University of Michigan, General Rev. Ref. Bonds, Series 2012-E, 0.87% 2033 (put 2018)1 | 7,175 | 7,136 |
Board of Trustees of Oakland University, General Rev. Bonds, Series 2016, 5.00% 2026 | 500 | 637 |
Board of Trustees of Oakland University, General Rev. Bonds, Series 2016, 5.00% 2027 | 500 | 631 |
Public Power Agcy., Rev. Ref. Bonds (Belle River Project), Series 2002-A, National insured, 5.25% 2018 | 6,000 | 6,366 |
City of Saginaw, Hospital Fin. Auth., Hospital Rev. Ref. Bonds (Covenant Medical Center, Inc.), Series 2010-H, 5.00% 2020 |
2,400 | 2,716 |
State Building Auth., Rev. Ref. Bonds (Facs. Program), Series 2008-I, 5.50% 2017 | 5,675 | 6,005 |
State Building Auth., Rev. Ref. Bonds (Facs. Program), Series 2008-I, 5.50% 2017 (escrowed to maturity) | 825 | 875 |
State Building Auth., Rev. Ref. Bonds (Facs. Program), Series 2015-I, 5.00% 2023 | 3,000 | 3,686 |
State Building Auth., Rev. Ref. Bonds (Facs. Program), Series 2015-I, 5.00% 2026 | 800 | 1,019 |
State Grant Anticioation Bonds, Series 2007, Assured Guaranty Municipal insured, 5.25% 2020 | 2,860 | 3,012 |
State Hospital Fin. Auth., Project Rev. Ref. Bonds (Ascension Health Credit Group), Series 2010-B, 5.00% 2019 | 2,000 | 2,278 |
State Housing Dev. Auth., Single Family Mortgage Rev. Bonds, Series 2014, 4.00% 2044 | 1,480 | 1,600 |
Strategic Fund, Limited Obligation Rev. Ref. Bonds (Detroit Edison Co. Exempt Facs. Project), Series 2008-ET-2, 5.50% 2029 (put 2016) |
7,000 | 7,002 |
County of Wayne, Livonia Public Schools School Dist., School Building and Site G.O. Bonds, Assured Guaranty Municipal insured, 5.00% 2022 | 450 | 534 |
County of Wayne, Livonia Public Schools School Dist., School Building and Site G.O. Bonds, Assured Guaranty Municipal insured, 5.00% 2023 | 1,125 | 1,355 |
County of Wayne, Livonia Public Schools School Dist., School Building and Site G.O. Bonds, Assured Guaranty Municipal insured, 5.00% 2024 | 1,190 | 1,458 |
County of Wayne, Livonia Public Schools School Dist., School Building and Site G.O. Bonds, Assured Guaranty Municipal insured, 5.00% 2025 | 1,000 | 1,240 |
Wayne County, Airport Auth., Airport Rev. Bonds (Detroit Metropolitan Wayne County Airport), Series 2007, AMT, FGIC-National insured, 5.00% 2018 | 1,000 | 1,055 |
Wayne County, Airport Auth., Airport Rev. Bonds (Detroit Metropolitan Wayne County Airport), Series 2007, AMT, National insured, 5.00% 2017 | 1,000 | 1,052 |
Wayne County, Airport Auth., Airport Rev. Ref. Bonds (Detroit Metropolitan Wayne County Airport), Series 2008-A, AMT, Assured Guaranty insured, 5.25% 2018 |
890 | 933 |
Wayne County, Airport Auth., Airport Rev. Ref. Bonds (Detroit Metropolitan Wayne County Airport), Series 2010-A, AMT, 5.00% 2017 |
1,615 | 1,696 |
Wayne County, Airport Auth., Airport Rev. Ref. Bonds (Detroit Metropolitan Wayne County Airport), Series 2010-A, AMT, 5.00% 2018 |
3,590 | 3,899 |
Limited Term Tax-Exempt Bond Fund of America — Page 19 of 38
Bonds, notes & other debt instruments Michigan (continued) |
Principal amount (000) |
Value (000) |
Wayne County, Airport Auth., Airport Rev. Ref. Bonds (Detroit Metropolitan Wayne County Airport), Series 2011-A, AMT, 5.00% 2019 |
$1,000 | $1,122 |
Wayne County, Airport Auth., Airport Rev. Ref. Bonds (Detroit Metropolitan Wayne County Airport), Series 2011-A, AMT, 5.00% 2020 |
10,000 | 11,484 |
Wayne County, Airport Auth., Airport Rev. Ref. Bonds (Detroit Metropolitan Wayne County Airport), Series 2011-A, AMT, 5.00% 2021 |
8,240 | 9,632 |
Wayne County, Airport Auth., Airport Rev. Ref. Bonds (Detroit Metropolitan Wayne County Airport), Series 2011-B, 5.00% 2019 |
1,000 | 1,131 |
Wayne County, Airport Auth., Airport Rev. Ref. Bonds (Detroit Metropolitan Wayne County Airport), Series 2012-D, AMT, 5.00% 2019 |
3,560 | 3,993 |
Wayne County, Airport Auth., Airport Rev. Ref. Bonds (Detroit Metropolitan Wayne County Airport), Series 2015-F, AMT, 5.00% 2025 |
1,500 | 1,846 |
Wayne County, Airport Auth., Airport Rev. Ref. Bonds (Detroit Metropolitan Wayne County Airport), Series 2015-F, AMT, 5.00% 2026 |
1,000 | 1,224 |
Board of Governors of Wayne State University, General Rev. Ref. Bonds, Series 2009-A, 5.00% 2016 | 3,235 | 3,277 |
170,651 | ||
Minnesota 0.57% | ||
Housing Fin. Agcy., Residential Housing Fin. Bonds, Series 2015-B, 3.50% 2046 | 5,000 | 5,405 |
Housing Fin. Agcy., Residential Housing Fin. Bonds, Series 2012-D, 4.00% 2040 | 475 | 496 |
Housing Fin. Agcy., Residential Housing Fin. Bonds, Series 2014-C, AMT, 4.00% 2045 | 2,640 | 2,840 |
Housing Fin. Agcy., Residential Housing Fin. Bonds, Series 2015-A, AMT, 4.00% 2041 | 5,505 | 5,977 |
Housing Fin. Agcy., Residential Housing Fin. Bonds, Series 2015-E, AMT, 3.50% 2046 | 955 | 1,018 |
Minneapolis-St. Paul Metropolitan Airports Commission, Airport Rev. Ref. Bonds, Series 2010-D, AMT, 5.00% 2018 |
4,460 | 4,720 |
Regents of the University of Minnesota, G.O. Bonds, Series 2009-C, 5.00% 2018 | 1,000 | 1,103 |
21,559 | ||
Mississippi 0.19% | ||
Dev. Bank, Special Obligation Bonds (Municipal Energy Agcy. of Mississippi Power Supply Project), Series 2015-A, Assured Guaranty Municipal insured, 5.00% 2025 |
1,245 | 1,537 |
Dev. Bank, Special Obligation Bonds (Municipal Energy Agcy. of Mississippi Power Supply Project), Series 2015-A, Assured Guaranty Municipal insured, 5.00% 2026 |
1,045 | 1,309 |
Dev. Bank, Special Obligation Rev. Ref. Bonds (Madison County, Mississippi Highway Ref. Project), Series 2013-C, 5.00% 2020 |
1,750 | 1,992 |
State Gaming Tax Rev. Ref. Bonds, Series 2015-E, 5.00% 2026 | 1,750 | 2,210 |
7,048 | ||
Missouri 0.51% | ||
Health and Educational Facs. Auth., Health Facs. Rev. Bonds (Saint Luke’s Health System, Inc.), Series 2016, 5.00% 2025 | 1,500 | 1,941 |
Health and Educational Facs. Auth., Senior Living Facs. Rev. Ref. Bonds (Lutheran Senior Services), Series 2007-A, 5.00% 2017 |
1,510 | 1,540 |
Health and Educational Facs. Auth., Senior Living Facs. Rev. Ref. Bonds (Lutheran Senior Services), Series 2016-A, 1.50% 2018 |
225 | 227 |
Highways and Transportation Commission, Rev. Ref. State Road Bonds, Series 2006, 5.00% 2018 | 2,700 | 2,883 |
Housing Dev. Commission, Single Family Mortgage Rev. Bonds (First Place Homeownership Loan Program), Series 2016-B, 3.50% 2041 | 2,400 | 2,611 |
Housing Dev. Commission, Single Family Mortgage Rev. Bonds (Special Homeownership Loan Program), Series 2015-B-2, 4.00% 2045 | 3,815 | 4,177 |
Industrial Dev. Auth. of the City of Lee’s Summit, Senior Living Facs. Rev. Ref. Bonds (John Knox Village Obligated Group), Series 2007-A, 5.00% 2016 | 2,300 | 2,304 |
Limited Term Tax-Exempt Bond Fund of America — Page 20 of 38
Bonds, notes & other debt instruments Missouri (continued) |
Principal amount (000) |
Value (000) |
City of St. Louis, Airport Rev. Ref. Bonds (Lambert-St. Louis International Airport), Series 2005, National insured, 5.50% 2028 |
$1,080 | $1,411 |
City of St. Louis, Airport Rev. Ref. Bonds (Lambert-St. Louis International Airport), Series 2007-A, Assured Guaranty Municipal insured, 5.00% 2021 | 2,000 | 2,079 |
19,173 | ||
Montana 0.06% | ||
Board of Housing, Single Family Mortgage Bonds, Series 2015-B-2, AMT, 3.50% 2042 | 960 | 1,023 |
Board of Housing, Single Family Mortgage Bonds, Series 2016-A-2, 3.50% 2044 | 1,000 | 1,086 |
2,109 | ||
Nebraska 0.86% | ||
Central Plains Energy Project, Gas Supply Rev. Ref. Bonds, Series 2014, 5.00% 2039 (put 2019) |
8,800 | 9,944 |
Hospital Auth. No. 2 of Douglas County, Health Facs. Rev. Ref. Bonds (Methodist Health System), Series 2015, 5.00% 2026 | 1,155 | 1,417 |
Hospital Auth. No. 3 of Douglas County, Health Facs. Rev. Ref. Bonds (Methodist Health System), Series 2008, 5.50% 2018 (escrowed to maturity) | 2,965 | 3,173 |
Investment Fin. Auth., Single Family Housing Rev. Bonds, Series 2013-A, 3.00% 2043 | 875 | 902 |
Investment Fin. Auth., Single Family Housing Rev. Bonds, Series 2014-A, 4.00% 2044 | 1,710 | 1,838 |
Investment Fin. Auth., Single Family Housing Rev. Bonds, Series 2015, 3.50% 2045 | 4,160 | 4,482 |
Investment Fin. Auth., Single Family Housing Rev. Bonds, Series 2015-C, 3.50% 2045 | 8,670 | 9,260 |
Public Power Dist., General Rev. Ref. Bonds, Series 2012-A, 4.00% 2020 | 1,000 | 1,106 |
32,122 | ||
Nevada 2.31% | ||
Clark County School Dist., G.O. (Limited Tax) Building Bonds, Series 2007-C, 5.00% 2017 | 2,500 | 2,599 |
Clark County School Dist., G.O. (Limited Tax) Building Bonds, Series 2008-A, 5.00% 2021 | 1,000 | 1,080 |
Clark County, Airport System Rev. Bonds, Series 2010-D, 5.00% 2021 | 1,500 | 1,712 |
Clark County, Highway Rev. (Motor Vehicle Fuel Tax) Improvement and Ref. Bonds, Series 2007, AMBAC insured, 5.00% 2020 (preref. 2017) |
4,500 | 4,686 |
Clark County, Highway Rev. (Motor Vehicle Fuel Tax) Ref. Bonds, Series 2011, 5.00% 2020 | 12,320 | 14,288 |
Clark County, Jet Aviation Fuel Tax Rev. Ref. Bonds, Series 2013-A, AMT, 5.00% 2021 | 1,035 | 1,209 |
Clark County, Jet Aviation Fuel Tax Rev. Ref. Bonds, Series 2013-A, AMT, 5.00% 2022 | 2,810 | 3,328 |
Clark County, Jet Aviation Fuel Tax Rev. Ref. Bonds, Series 2013-A, AMT, 5.00% 2023 | 1,000 | 1,196 |
Clark County, Jet Aviation Fuel Tax Rev. Ref. Bonds, Series 2013-A, AMT, 5.00% 2027 | 2,500 | 2,916 |
Clark County, Las Vegas-McCarran International Airport, Passenger Fac. Charge Rev. Bonds, Series 2007-A-1, AMT, AMBAC insured, 5.00% 2022 | 1,325 | 1,374 |
Clark County, Las Vegas-McCarran International Airport, Passenger Fac. Charge Rev. Bonds, Series 2007-A-1, AMT, AMBAC insured, 5.00% 2024 | 2,000 | 2,073 |
Clark County, Pollution Control Rev. Ref. Bonds (Southern California Edison Company), Series 2010, 1.875% 2031 (put 2020) |
15,150 | 15,530 |
Clark County, Sales and Excise Tax Rev. (Streets and Highway Projects) Improvement and Ref. Bonds, Series 2010-B, 5.00% 2019 |
3,000 | 3,358 |
Clark County, Special Improvement Dist. No. 121 (Southern Highlands Area), Local Improvement Rev. Ref. Bonds, Series 2016, 2.00% 2016 | 750 | 754 |
Clark County, Special Improvement Dist. No. 121 (Southern Highlands Area), Local Improvement Rev. Ref. Bonds, Series 2016, 2.25% 2019 | 1,235 | 1,271 |
Clark County, Special Improvement Dist. No. 121 (Southern Highlands Area), Local Improvement Rev. Ref. Bonds, Series 2016, 2.50% 2018 | 1,005 | 1,036 |
Highway Improvement Rev. Bonds (Motor Vehicle Fuel Tax), Series 2008, 5.00% 2017 | 4,000 | 4,241 |
City of Las Vegas, Redev. Agcy., Tax Increment Rev. Ref. Bonds, Series 2016, 5.00% 2025 | 2,060 | 2,556 |
City of Las Vegas, Redev. Agcy., Tax Increment Rev. Ref. Bonds, Series 2016, 5.00% 2027 | 1,200 | 1,483 |
Las Vegas Valley Water Dist., G.O. (Limited Tax) Ref. Bonds, Series 2011-C, 5.00% 2019 | 7,760 | 8,699 |
Las Vegas Valley Water Dist., G.O. (Limited Tax) Water and Ref. Bonds, Series 2009-D, 5.00% 2018 | 1,000 | 1,080 |
Limited Term Tax-Exempt Bond Fund of America — Page 21 of 38
Bonds, notes & other debt instruments Nevada (continued) |
Principal amount (000) |
Value (000) |
Las Vegas Valley Water Dist., G.O. (Limited Tax) Water Bonds, Series 2012-B, 5.00% 2020 | $1,080 | $1,250 |
City of North Las Vegas, Special Improvement Dist. No. 60 (Aliante), Local Improvement Rev. Ref. Bonds, Series 2016, 2.00% 2016 | 765 | 769 |
City of North Las Vegas, Special Improvement Dist. No. 60 (Aliante), Local Improvement Rev. Ref. Bonds, Series 2016, 2.00% 2017 | 500 | 508 |
City of North Las Vegas, Special Improvement Dist. No. 60 (Aliante), Local Improvement Rev. Ref. Bonds, Series 2016, 2.00% 2018 | 1,455 | 1,488 |
City of North Las Vegas, Special Improvement Dist. No. 60 (Aliante), Local Improvement Rev. Ref. Bonds, Series 2016, 2.125% 2020 | 1,890 | 1,950 |
City of North Las Vegas, Special Improvement Dist. No. 60 (Aliante), Local Improvement Rev. Ref. Bonds, Series 2016, 2.25% 2019 | 1,345 | 1,391 |
Rural Housing Auth., Single Family Mortgage Rev. Bonds (Mortgage-backed Securities Program), Series 2007-B, AMT, 5.70% 2041 |
130 | 134 |
Washoe County, Gas and Water Facs. Rev. Ref. Bonds (Sierra Pacific Power Company Projects), Series 2016-B, 3.00% 2036 (put 2022) | 1,500 | 1,629 |
Washoe County, Gas Facs. Rev. Ref. Bonds (Sierra Pacific Power Company Projects), Series 2016-A, AMT, 1.50% 2031 (put 2019) | 1,000 | 1,007 |
86,595 | ||
New Jersey 2.70% | ||
Camden County, Improvement Auth., Health Care Redev. Project, Rev. Ref. Bonds (The Cooper Health System Obligated Group Issue), Series 2014, 5.00% 2025 | 2,000 | 2,432 |
Camden County, Improvement Auth., Health Care Redev. Project, Rev. Ref. Bonds (The Cooper Health System Obligated Group Issue), Series 2014, 5.00% 2026 | 2,715 | 3,282 |
Certs. of Part., Series 2008-A, 5.00% 2018 | 1,000 | 1,068 |
Econ. Dev. Auth., School Facs. Construction Rev. Ref. Notes, 5.00% 2017 (escrowed to maturity) | 4,805 | 5,097 |
Econ. Dev. Auth., School Facs. Construction Rev. Ref. Notes, 5.00% 2017 | 195 | 205 |
Educational Facs. Auth., Rev. Ref. Bonds (New Jersey City University Issue), Series 2016-D, Assured Guaranty Municipal insured, 5.00% 2026 | 1,240 | 1,576 |
Educational Facs. Auth., Rev. Ref. Bonds (New Jersey City University Issue), Series 2016-D, Assured Guaranty Municipal insured, 5.00% 2027 | 1,380 | 1,735 |
Educational Facs. Auth., Rev. Ref. Bonds (Rowan University Issue), Series 2016-C, Assured Guaranty Municipal insured, 5.00% 2024 | 2,645 | 3,272 |
Health Care Facs. Fncg. Auth., Rev. Bonds (Princeton HealthCare System Issue), Series 2016-A, 5.00% 2025 | 1,340 | 1,700 |
Health Care Facs. Fncg. Auth., Rev. Bonds (Princeton HealthCare System Issue), Series 2016-A, 5.00% 2027 | 1,000 | 1,276 |
Health Care Facs. Fncg. Auth., Rev. Ref. Bonds (University Hospital), Series 2015-A, Assured Guaranty Municipal insured, 5.00% 2025 | 1,000 | 1,244 |
Health Care Facs. Fncg. Auth., Rev. Ref. Bonds (University Hospital), Series 2015-A, Assured Guaranty Municipal insured, 5.00% 2026 | 800 | 988 |
Higher Education Student Assistance Auth., Student Loan Rev. Bonds, Series 2009-A, 5.00% 2017 | 3,500 | 3,612 |
Higher Education Student Assistance Auth., Student Loan Rev. Bonds, Series 2010-2, 5.00% 2017 | 2,000 | 2,100 |
Higher Education Student Assistance Auth., Student Loan Rev. Bonds, Series 2012-1A, AMT, 5.00% 2021 | 4,000 | 4,581 |
Higher Education Student Assistance Auth., Student Loan Rev. Bonds, Series 2013-1-A, AMT, 5.00% 2019 | 2,000 | 2,216 |
Higher Education Student Assistance Auth., Student Loan Rev. Bonds, Series 2013-1-A, AMT, 5.00% 2022 | 1,000 | 1,160 |
Higher Education Student Assistance Auth., Student Loan Rev. Bonds, Series 2016-1-A, AMT, 5.00% 2017 | 400 | 420 |
Higher Education Student Assistance Auth., Student Loan Rev. Bonds, Series 2016-1-A, AMT, 5.00% 2018 | 770 | 834 |
Higher Education Student Assistance Auth., Student Loan Rev. Bonds, Series 2016-1-A, AMT, 5.00% 2026 | 1,905 | 2,272 |
Higher Education Student Assistance Auth., Student Loan Rev. Ref. Bonds, Series 2010-1A, 5.25% 2019 | 1,000 | 1,123 |
Higher Education Student Assistance Auth., Student Loan Rev. Ref. Bonds, Series 2011-1, AMT, 5.00% 2017 | 2,500 | 2,624 |
Higher Education Student Assistance Auth., Student Loan Rev. Ref. Bonds, Series 2011-1, AMT, 5.00% 2019 | 2,500 | 2,770 |
Higher Education Student Assistance Auth., Student Loan Rev. Ref. Bonds, Series 2014-1A1, AMT, 5.00% 2016 | 1,000 | 1,014 |
Higher Education Student Assistance Auth., Student Loan Rev. Ref. Bonds, Series 2014-1A1, AMT, 5.00% 2021 | 2,000 | 2,290 |
Higher Education Student Assistance Auth., Student Loan Rev. Ref. Bonds, Series 2014-1A1, AMT, 5.00% 2022 | 1,500 | 1,735 |
Rutgers State University, G.O. Bonds (State University of New Jersey), Series 2009-F, 5.00% 2019 | 1,000 | 1,117 |
Limited Term Tax-Exempt Bond Fund of America — Page 22 of 38
Bonds, notes & other debt instruments New Jersey (continued) |
Principal amount (000) |
Value (000) |
The Pollution Control Fncg. Auth. Of Salem County, Pollution Control Rev. Bonds (Philadelphia Electric Company Project), Series 1993-A, AMT, 2.50% 2025 (put 2019) | $1,850 | $1,877 |
South Jersey Transportation Auth., Transportation System Rev. Bonds, 5.00% 2022 | 5,200 | 6,065 |
South Jersey Transportation Auth., Transportation System Rev. Bonds, Series 2012-A, 5.00% 2023 | 1,500 | 1,746 |
South Jersey Transportation Auth., Transportation System Rev. Bonds, Series 2012-A, 5.00% 2024 | 2,500 | 2,896 |
Transit Corp., Grant Anticipation Notes (Federal Transit Administration Section 5307 Urbanized Area Formula Funds), Series 2014-A, 5.00% 2019 | 1,000 | 1,100 |
Transit Corp., Grant Anticipation Notes (Federal Transit Administration Section 5307 Urbanized Area Formula Funds) Series 2014-A, 5.00% 2020 | 4,000 | 4,487 |
Transit Corp., Grant Anticipation Notes (Federal Transit Administration Section 5307 Urbanized Area Formula Funds) Series 2014-A, 5.00% 2021 | 2,000 | 2,286 |
Transportation Trust Fund Auth., Transportation System Bonds, Series 1999-A, 5.75% 2017 | 2,500 | 2,605 |
Transportation Trust Fund Auth., Transportation System Rev. Ref. Bonds, Current Interest Bonds, Series 2015-AA, 5.00% 2023 |
1,000 | 1,148 |
Transportation Trust Fund Auth., Transportation System Rev. Ref. Bonds, Current Interest Bonds, Series 2006-A, 5.50% 2021 |
4,070 | 4,695 |
Transportation Trust Fund Auth., Transportation System Rev. Ref. Bonds, Series 2003-B-2, 5.00% 2016 | 2,500 | 2,539 |
Turnpike Auth., Turnpike Rev. Ref. Bonds, Series 2013-D, 1.12% 2024 (put 2018)1 | 11,500 | 11,522 |
Turnpike Auth., Turnpike Rev. Ref. Bonds, Series 2013-E, 1.06% 2023 (put 2017)1 | 2,000 | 2,000 |
Turnpike Auth., Turnpike Rev. Ref. Bonds, Series 2013-E, 1.12% 2024 (put 2018)1 | 2,375 | 2,379 |
101,088 | ||
New Mexico 0.21% | ||
City of Farmington, Pollution Control Rev. Ref. Bonds (Southern California Edison Company Four Corners Project), 1.875% 2029 (put 2020) | 3,000 | 3,084 |
Fin. Auth., State Transportation Rev. Ref. Bonds, Series 2010-B, 5.00% 2020 | 1,000 | 1,163 |
Mortgage Fin. Auth., Single Family Mortgage Program Bonds, Series 2009-C-2, Class I, 5.70% 2040 | 310 | 328 |
Mortgage Fin. Auth., Single Family Mortgage Program Bonds, Series 2016-A-2, Class I, AMT, 3.50% 2046 | 2,750 | 2,952 |
Mortgage Fin. Auth., Single Family Mortgage Program Rev. Ref. Bonds, Series 2009-B-2, Class I, 5.65% 2039 | 280 | 291 |
7,818 | ||
New York 9.44% | ||
City of Albany Industrial Dev. Agcy., Civic Fac. Rev. Ref. Bonds (St. Peter’s Hospital of the City of Albany Project), Series 2008-A, 5.25% 2017 (escrowed to maturity) | 1,500 | 1,591 |
Buffalo and Erie County, Industrial Land Dev. Corp., Obligated Group Rev. Bonds (Catholic Health System, Inc. Project), Series 2015, 5.00% 2023 | 800 | 965 |
Dormitory Auth., Bernard College Rev. Bonds, Series 2015-A, 5.00% 2026 | 500 | 640 |
Dormitory Auth., City University System, Consolidated Fifth General Resolution Rev. Ref. Bonds, Series 2008-B, 5.00% 2017 |
4,550 | 4,743 |
Dormitory Auth., Mental Health Services Facs. Improvement Rev. Ref. Bonds, Series 2009-A-1, 5.50% 2018 | 2,500 | 2,689 |
Dormitory Auth., Mental Health Services Facs. Improvement Rev. Ref. Bonds, Series 2010-A, 5.00% 2019 | 2,995 | 3,381 |
Dormitory Auth., Mental Health Services Facs. Improvement Rev. Ref. Bonds, Series 2010-A, 5.00% 2019 (escrowed to maturity) |
5 | 6 |
Dormitory Auth., Mount Sinai Hospital Obligated Group Rev. Ref. Bonds, Series 2010-A, 5.00% 2018 | 2,000 | 2,154 |
Dormitory Auth., School Districts Rev. Bond Fncg. Program Rev. Bonds, Series 2016-A, 5.00% 2022 | 2,000 | 2,444 |
Dormitory Auth., School Districts Rev. Bond Fncg. Program Rev. Bonds, Series 2016-A, 5.00% 2024 | 5,000 | 6,341 |
Dormitory Auth., State Personal Income Tax Rev. Bonds (Education), Series 2009-A, 5.00% 2020 | 2,000 | 2,224 |
Dormitory Auth., State Personal Income Tax Rev. Bonds (Education), Series 2015-B-A, 5.00% 2017 | 4,630 | 4,746 |
Dormitory Auth., State Personal Income Tax Rev. Bonds (General Purpose), Series 2011-A, 5.00% 2017 | 2,500 | 2,572 |
Dormitory Auth., State Personal Income Tax Rev. Bonds (General Purpose), Series 2011-A, 5.00% 2019 | 5,000 | 5,579 |
Dormitory Auth., State Personal Income Tax Rev. Ref. Bonds (General Purpose), Series 2012-A, 5.00% 2022 | 2,000 | 2,480 |
Dormitory Auth., State University Educational Facs. Rev. Ref. Bonds. Series 2000-C, Assured Guaranty Municipal insured, 5.75% 2017 |
1,475 | 1,537 |
Dormitory Auth., Third General Resolution Rev. Ref. Bonds (State University Educational Facs. Issue), Series 2012-A, 5.00% 2018 |
3,000 | 3,238 |
Limited Term Tax-Exempt Bond Fund of America — Page 23 of 38
Bonds, notes & other debt instruments New York (continued) |
Principal amount (000) |
Value (000) |
Environmental Facs. Corp., State Clean Water and Drinking Water Rev. Second Resolution Bonds (New York City Municipal Water Fin. Auth. Projects), Series 2009-A, 5.00% 2017 |
$2,500 | $2,600 |
Erie County, Industrial Dev. Agcy., School Fac. Rev. Bonds (City School Dist. of the City of Buffalo Project), Series 2011-A, 5.00% 2020 | 4,780 | 5,521 |
Erie County, Industrial Dev. Agcy., School Fac. Rev. Ref. Bonds (City School Dist. of the City of Buffalo Project), Series 2012-A, 5.00% 2020 | 2,770 | 3,199 |
Various Purpose G.O. Bonds, Series 2016-B, 5.00% 2024 | 4,000 | 5,002 |
Town of Hempstead Local Dev. Corp., Rev. Bonds (Hofstra University Project), Series 2011, 5.00% 2025 | 1,670 | 1,942 |
Long Island Power Auth., Electric System General Rev. Bonds, Series 2009-A, 5.25% 2020 | 1,230 | 1,362 |
Long Island Power Auth., Electric System General Rev. Bonds, Series 2009-A, 5.25% 2020 (preref. 2019) | 775 | 869 |
Long Island Power Auth., Electric System General Rev. Bonds, Series 2014-C, 0.977% 2033 (put 2018)1 | 500 | 500 |
Long Island Power Auth., Electric System General Rev. Bonds, Series 2015-C, 1.207% 2033 (put 2018)1 | 1,025 | 1,030 |
Long Island Power Auth., Electric System General Rev. Ref. Bonds, Series 2006-E, 5.00% 2017 | 2,500 | 2,538 |
Long Island Power Auth., Electric System General Rev. Ref. Bonds, Series 2009-A, 5.25% 2021 | 2,000 | 2,209 |
Metropolitan Transportation Auth., Dedicated Tax Fund Bonds, Series 2009-B, 5.00% 2018 | 240 | 264 |
Metropolitan Transportation Auth., Dedicated Tax Fund Bonds, Series 2009-B, 5.00% 2018 (escrowed to maturity) |
260 | 286 |
Metropolitan Transportation Auth., Dedicated Tax Fund Rev. Ref. Bonds, Series 2002-B-3A, 1.19% 20171 | 4,000 | 4,007 |
Metropolitan Transportation Auth., Dedicated Tax Fund Rev. Ref. Bonds, Series 2008-A-2B, 1.02% 2031 (put 2019)1 |
1,500 | 1,495 |
Metropolitan Transportation Auth., State Service Contract Rev. Ref. Bonds, Series 2002-A, 5.50% 2017 | 5,000 | 5,234 |
Metropolitan Transportation Auth., State Service Contract Rev. Ref. Bonds, Series 2002-A, National insured, 5.75% 2017 |
1,500 | 1,534 |
Metropolitan Transportation Auth., Transportation Rev. Bonds, Series 2003-B, FGIC-National insured, 5.25% 2020 |
5,500 | 6,499 |
Metropolitan Transportation Auth., Transportation Rev. Bonds, Series 2008-B-2, 5.00% 2016 | 1,000 | 1,014 |
Metropolitan Transportation Auth., Transportation Rev. Bonds, Series 2008-C, 5.50% 2018 | 5,370 | 5,689 |
Metropolitan Transportation Auth., Transportation Rev. Bonds, Series 2012-E, 5.00% 2020 | 3,250 | 3,806 |
Metropolitan Transportation Auth., Transportation Rev. Bonds, Series 2014-A-1, 4.00% 2021 | 3,470 | 3,990 |
Metropolitan Transportation Auth., Transportation Rev. Bonds, Series 2014-C, 5.00% 2024 | 5,000 | 6,356 |
Metropolitan Transportation Auth., Transportation Rev. Bonds, Series 2015-A-1, 5.00% 2016 | 2,000 | 2,027 |
Metropolitan Transportation Auth., Transportation Rev. Bonds, Series 2015-A-1, 5.00% 2027 | 3,150 | 3,952 |
Metropolitan Transportation Auth., Transportation Rev. Bonds, Series 2015-A-2, 1.02% 2039 (put 2020)1 | 12,250 | 12,171 |
Metropolitan Transportation Auth., Transportation Rev. Ref. Bonds, Series 2002-G-1H, 1.163% 2026 (put 2016)1 |
2,650 | 2,650 |
Metropolitan Transportation Auth., Transportation Rev. Ref. Bonds, Series 2011-C, 5.00% 2018 |
1,105 | 1,215 |
Metropolitan Transportation Auth., Transportation Rev. Ref. Bonds, Series 2012-D, 5.00% 2020 |
7,000 | 8,198 |
Metropolitan Transportation Auth., Transportation Rev. Ref. Bonds, Series 2012-F, 5.00% 2021 |
1,000 | 1,201 |
Metropolitan Transportation Auth., Transportation Rev. Ref. Bonds, Series 2014-A-2, 5.00% 2028 |
3,000 | 3,706 |
Mortgage Agcy., Homeowner Mortgage Rev. Bonds, Series 191, 3.50% 2034 | 490 | 514 |
Mortgage Agcy., Homeowner Mortgage Rev. Bonds, Series 195, 4.00% 2046 | 3,000 | 3,298 |
Mortgage Agcy., Homeowner Mortgage Rev. Bonds, Series 197, 3.50% 2044 | 9,700 | 10,550 |
Mortgage Agcy., Homeowner Mortgage Rev. Bonds, Series 52, AMT, 3.50% 2030 | 2,250 | 2,405 |
Mortgage Agcy., Mortgage Rev. Ref. Bonds, Series 48, 2.625% 2041 | 315 | 324 |
City of New York, G.O. Bonds, Fiscal 2014, Series 2013-G, 5.00% 2016 | 1,400 | 1,400 |
City of New York, G.O. Bonds, Series 2008-J-4, 0.99% 20251 | 8,825 | 8,825 |
City of New York, G.O. Bonds, Series 2011-I-1, 5.00% 2017 | 5,000 | 5,227 |
City of New York, G.O. Bonds, Series 2012-I, 5.00% 2020 | 5,000 | 5,818 |
City of New York, G.O. Bonds, Series 2013-D, 5.00% 2016 | 1,000 | 1,000 |
City of New York, G.O. Bonds, Series 2013-E, 5.25% 2022 | 5,000 | 6,180 |
City of New York, G.O. Bonds, Series 2014-A, 5.00% 2025 | 3,000 | 3,816 |
Limited Term Tax-Exempt Bond Fund of America — Page 24 of 38
Bonds, notes & other debt instruments New York (continued) |
Principal amount (000) |
Value (000) |
City of New York, G.O. Bonds, Series 2014-G, 5.00% 2023 | $1,500 | $1,870 |
City of New York, G.O. Bonds, Series 2015-C, 5.00% 2028 | 1,000 | 1,260 |
City of New York, G.O. Bonds, Series 2016-E, 5.00% 2026 | 2,000 | 2,619 |
New York City Housing Dev. Corp., Multi-family Housing Rev. Bonds, Series 2007-B-1, AMT, 4.75% 2016 | 635 | 641 |
New York City, Municipal Water Fin. Auth., Water and Sewer System Second General Resolution Rev. Bonds, Series 2009-FF-1, 5.00% 2018 | 2,000 | 2,168 |
New York City Transitional Fin. Auth., Building Aid Rev. Bonds, Fiscal 2009 Series S-4, 5.00% 2018 | 2,545 | 2,709 |
New York City Transitional Fin. Auth., Building Aid Rev. Bonds, Fiscal 2009 Series S-5, 5.00% 2017 | 2,500 | 2,552 |
New York City Transitional Fin. Auth., Building Aid Rev. Bonds, Fiscal 2013 Series S-1, 5.00% 2021 | 650 | 777 |
New York City Transitional Fin. Auth., Future Tax Secured Bonds, Series 2015-C, 5.00% 2025 | 2,420 | 3,141 |
New York City Transitional Fin. Auth., Future Tax Secured Bonds, Series 2015-C, 5.00% 2027 | 5,000 | 6,394 |
New York City Transitional Fin. Auth., Future Tax Secured Bonds, Series B, 5.00% 2017 | 1,910 | 1,954 |
New York City Transitional Fin. Auth., Future Tax Secured Rev. Ref. Bonds, Fiscal 2003 Series A-1, 5.00% 2022 | 1,305 | 1,572 |
New York City Transitional Fin. Auth., Future Tax Secured Rev. Ref. Bonds, Series 2011-E, 5.00% 2016 | 2,000 | 2,024 |
New York City Transitional Fin. Auth., Multi-Modal Rev. Ref. Bonds, Series 2011-B, 5.00% 2022 | 1,750 | 2,066 |
New York City, Health and Hospitals Corp., Health System Rev. Ref. Bonds, Series 2008-A, 5.00% 2017 | 2,000 | 2,048 |
New York City, Health and Hospitals Corp., Health System Rev. Ref. Bonds, Series 2008-A, 5.50% 2019 | 4,000 | 4,297 |
New York City, Health and Hospitals Corp., Health System Rev. Ref. Bonds, Series 2010-A, 5.00% 2017 | 6,180 | 6,330 |
New York City, Health and Hospitals Corp., Health System Rev. Ref. Bonds, Series 2010-A, 5.00% 2021 | 1,500 | 1,723 |
New York City, Municipal Water Fin. Auth., Water and Sewer System Second General Resolution Rev. Bonds, Series 2009-EE, 5.00% 2018 (escrowed to maturity) | 2,500 | 2,708 |
Niagara Frontier Transportation Auth., Airport Rev. Ref. Bonds (Buffalo Niagara International Airport), Series 2014-A, AMT, 4.00% 2022 |
5,185 | 5,884 |
Niagara Frontier Transportation Auth., Airport Rev. Ref. Bonds (Buffalo Niagara International Airport), Series 2014-A, AMT, 5.00% 2023 |
2,195 | 2,622 |
Port Auth., Consolidated Rev. Ref. Bonds, Series 167, AMT, 5.00% 2020 | 4,790 | 5,552 |
Port Auth., Consolidated Rev. Ref. Bonds, Series 167, AMT, 5.00% 2021 | 3,420 | 4,001 |
Port Auth., Consolidated Rev. Ref. Bonds, Series 169, AMT, 5.00% 2020 | 5,000 | 5,809 |
Port Auth., Consolidated Rev. Ref. Bonds, Series 172, AMT, 5.00% 2022 | 2,210 | 2,643 |
Port Auth., Consolidated Rev. Ref. Bonds, Series 186, AMT, 5.00% 2023 | 5,000 | 6,166 |
Public Housing Capital Fund Rev. Trust I, Trust Certificates, 4.50% 20222,3 | 2,377 | 2,497 |
County of Rockland G.O. Bonds, Series 2014-A, Assured Guaranty Municipal insured, 5.00% 2022 | 1,250 | 1,483 |
State Energy Research and Dev. Auth., Pollution Control Rev. Ref. Bonds (New York State Electric & Gas Corp. Project), Series 2004-A, AMT, 2.375% 2027 (put 2020) | 3,000 | 3,116 |
Suffolk County, Econ. Dev. Corp., Rev. Ref. Bonds (Catholic Health Services of Long Island Obligated Group Project), Series 2011, 5.00% 2019 | 3,000 | 3,347 |
Thruway Auth., General Rev. Bonds, Series I, 5.00% 2020 | 2,000 | 2,285 |
Thruway Auth., General Rev. Bonds, Series I, 5.00% 2021 | 4,000 | 4,711 |
Thruway Auth., General Rev. Junior Indebtedness Obligations, Series 2013-A, 5.00% 2019 | 1,000 | 1,118 |
Thruway Auth., Local Highway and Bridge Service Contract Rev. Ref. Bonds, Series 2009, 5.00% 2017 | 10,000 | 10,308 |
Thruway Auth., Second General Highway and Bridge Trust Fund Rev. Ref. Bonds, Series 2009-A-1, 5.00% 2018 |
4,000 | 4,300 |
Tobacco Settlement Fncg. Corp., Asset-Backed Rev. Bonds, Series 2013-B, 5.00% 2021 | 20 | 20 |
Tobacco Settlement Fncg. Corp., Rev. Ref. Bonds (State Contingency Contract Secured), Series 2011-B, 5.00% 2017 |
2,000 | 2,075 |
Tobacco Settlement Fncg. Corp., Rev. Ref. Bonds (State Contingency Contract Secured), Series 2011-B, 5.00% 2018 | 2,500 | 2,700 |
Transportation Dev. Corp., Special Fac. Rev. Ref. Bonds (Terminal One Group Association, L.P. Project), 5.00% 2022 |
2,000 | 2,375 |
Transportation Dev. Corp., Special Fac. Rev. Ref. Bonds (Terminal One Group Association, L.P. Project), 5.00% 2023 |
500 | 605 |
Transportation Dev. Corp., Special Fac. Rev. Ref. Bonds (Terminal One Group Association, L.P. Project), AMT, 5.00% 2020 | 2,500 | 2,836 |
Transportation Dev. Corp., Special Fac. Rev. Ref. Bonds (Terminal One Group Association, L.P. Project), AMT, 5.00% 2021 | 1,250 | 1,451 |
Limited Term Tax-Exempt Bond Fund of America — Page 25 of 38
Bonds, notes & other debt instruments New York (continued) |
Principal amount (000) |
Value (000) |
Triborough Bridge and Tunnel Auth. (MTA Bridges and Tunnels), General Rev. Ref. Bonds, Series 2005-B-4D, 0.893% 2031 (put 2018)1 | $2,000 | $2,000 |
Triborough Bridge and Tunnel Auth., General Rev. Ref. Bonds (MTA Bridges and Tunnels), Series 2000-ABCD-4, Assured Guaranty Municipal insured, 0.79% 20181 |
500 | 499 |
Urban Dev. Corp., Rev. Bonds (General Purpose), Series 2014-A, 5.00% 2029 | 1,500 | 1,867 |
Urban Dev. Corp., Service Contract Rev. Ref. Bonds, Series 2008-B, 5.00% 2017 | 2,500 | 2,548 |
Urban Dev. Corp., State Personal Income Tax Rev. Bonds (Econ. Dev. and Housing), Series 2009-A-1, 5.00% 2017 |
1,000 | 1,062 |
Urban Dev. Corp., State Personal Income Tax Rev. Bonds (General Purpose), Series 2013-C, 5.00% 2021 | 5,000 | 5,942 |
Urban Dev. Corp., State Personal Income Tax Rev. Bonds (General Purpose), Series 2013-D, 5.00% 2021 | 5,000 | 5,942 |
Urban Dev. Corp., State Personal Income Tax Rev. Bonds (General Purpose), Series 2016-A, 5.00% 2025 | 2,000 | 2,586 |
Urban Dev. Corp., State Personal Income Tax Rev. Bonds (General Purpose), Series 2016-A, 5.00% 2028 | 750 | 966 |
Utility Debt Securitization Auth., Restructuring Bonds, Series 2016-A, 5.00% 2028 | 2,000 | 2,598 |
Westchester County, Health Care Corp., Rev. Bonds, Series 2010-B, 5.00% 2017 | 2,500 | 2,629 |
354,149 | ||
North Carolina 0.35% | ||
Eastern Municipal Power Agcy., Power System Rev. Ref. Bonds, Series 1993-B, FGIC-National insured, 5.00% 2017 (escrowed to maturity) |
1,500 | 1,528 |
Municipal Power Agcy. No. 1, Catawba Electric Rev. Ref. Bonds, Series 2008-A, 5.25% 2017 | 1,925 | 1,964 |
Municipal Power Agcy. No. 1, Catawba Electric Rev. Ref. Bonds, Series 2008-A, 5.25% 2017 (escrowed to maturity) |
1,075 | 1,097 |
Municipal Power Agcy. No. 1, Catawba Electric Rev. Ref. Bonds, Series 2010-A, 5.00% 2021 | 2,500 | 2,859 |
Dept. of State Treasurer, Grant Anticipation Rev. Vehicle Bonds, Series 2009, 5.00% 2018 | 1,590 | 1,699 |
Dept. of State Treasurer, Grant Anticipation Rev. Vehicle Bonds, Series 2011, 4.00% 2023 (put 2018) | 4,000 | 4,147 |
13,294 | ||
North Dakota 0.36% | ||
Burleigh County, Health Care Rev. Bonds (St. Alexius Medical Center Project), Series 2014-A, 5.00% 2023 (preref. 2021) | 1,435 | 1,715 |
Housing Fin. Agcy., Housing Fin. Program Bonds (Home Mortgage Fin. Program), Series 2012-A, 3.75% 2042 | 745 | 787 |
Housing Fin. Agcy., Housing Fin. Program Bonds (Home Mortgage Fin. Program), Series 2014-A, 4.00% 2034 | 795 | 859 |
Housing Fin. Agcy., Housing Fin. Program Bonds (Home Mortgage Fin. Program), Series 2015-A, 4.00% 2038 | 940 | 1,017 |
Housing Fin. Agcy., Housing Fin. Program Bonds (Home Mortgage Fin. Program), Series 2015-D, 4.00% 2046 | 6,975 | 7,657 |
Housing Fin. Agcy., Housing Fin. Program Bonds (Home Mortgage Fin. Program), Series 2016-B, AMT, 4.00% 2047 |
1,500 | 1,640 |
13,675 | ||
Ohio 2.08% | ||
Air Quality Dev. Auth., Pollution Control Rev. Ref. Bonds (FirstEnergy Generation Corp. Project), Series 2009-C, 5.625% 2018 |
4,875 | 5,156 |
County of Allen, Hospital Facs. Rev. Ref. and Improvement Bonds (Catholic Health Partners), Series 2012-A, 5.00% 2021 | 2,250 | 2,651 |
County of Allen, Hospital Facs. Rev. Ref. and Improvement Bonds (Catholic Health Partners), Series 2012-A, 5.00% 2022 | 3,300 | 3,975 |
County of Allen, Hospital Facs. Rev. Ref. Bonds (Catholic Healthcare Partners), Series 2010-B, 5.00% 2019 | 2,500 | 2,807 |
American Municipal Power - Ohio, Inc., Rev. Ref. Bonds(Prairie State Energy Campus Project), Series 2008-A, 5.00% 2017 | 640 | 655 |
American Municipal Power - Ohio, Inc., Rev. Ref. Bonds(Prairie State Energy Campus Project), Series 2008-A, 5.00% 2017 (escrowed to maturity) | 860 | 881 |
City of Cleveland, Airport System Rev. Bonds, Series 2000-C, Assured Guaranty Municipal insured, 5.00% 2017 |
2,200 | 2,240 |
City of Cleveland, Airport System Rev. Ref. Bonds, Series 2006-A, AMBAC insured, 5.25% 2017 | 450 | 458 |
City of Cleveland, Airport System Rev. Ref. Bonds, Series 2011-A, 5.00% 2020 | 3,540 | 3,982 |
Limited Term Tax-Exempt Bond Fund of America — Page 26 of 38
Bonds, notes & other debt instruments Ohio (continued) |
Principal amount (000) |
Value (000) |
City of Cleveland, Airport System Rev. Ref. Bonds, Series 2011-A, Assured Guaranty Municipal insured, 5.00% 2021 |
$2,345 | $2,712 |
City of Cleveland, Airport System Rev. Ref. Bonds, Series 2016-B, Assured Guaranty Municipal insured, 5.00% 2022 |
820 | 959 |
City of Cleveland, Airport System Rev. Ref. Bonds, Series 2016-B, Assured Guaranty Municipal insured, 5.00% 2024 |
1,075 | 1,302 |
City of Cleveland, Airport System Rev. Ref. Bonds, Series A, Assured Guaranty insured, 5.25% 2019 | 5,000 | 5,510 |
City of Cleveland, Water Rev. Ref. Bonds, Series 2009-T, 5.00% 2018 | 3,620 | 3,850 |
County of Hamilton, Healthcare Facs. Rev. Bonds (Christ Hospital Project), Series 2012, 5.00% 2020 | 2,360 | 2,694 |
County of Hamilton, Healthcare Facs. Rev. Bonds (Christ Hospital Project), Series 2012, 5.00% 2021 | 1,000 | 1,171 |
Higher Education G.O. Ref. Bonds, Series 2009-A, 5.00% 2017 | 5,000 | 5,254 |
Housing Fin. Agcy., Residential Mortgage Rev. Ref. Bonds (Mortgage-backed Securities Program), Series 2016-D, 4.00% 2047 |
7,400 | 8,153 |
Housing Fin. Agcy., Residential Mortgage Rev. Ref. Bonds, Series 2009-C, 4.50% 2039 | 225 | 232 |
Housing Fin. Agcy., Single Family Mortgage Rev. Bonds, Series 2010-1, 5.00% 2028 | 795 | 839 |
Infrastructure Improvement G.O. Bonds, Series 2012-A, 5.00% 2019 | 4,560 | 5,060 |
Infrastructure Improvement G.O. Ref. Bonds, Series 2011-B, 5.00% 2018 | 2,000 | 2,179 |
Kent State University, Rev. General Receipts, Series 2016, 4.00% 2024 | 5,000 | 5,913 |
County of Lake, Hospital Facs. Rev. Ref. Bonds (Lake Hospital System, Inc.), Series 2008-C, 5.00% 2017 | 1,375 | 1,431 |
County of Lake, Hospital Facs. Rev. Ref. Bonds (Lake Hospital System, Inc.), Series 2008-C, 5.00% 2018 | 1,195 | 1,287 |
Major New State Infrastructure Project Rev. Bonds, Series 2008-1, 5.75% 2019 | 1,000 | 1,097 |
Major New State Infrastructure Project Rev. Bonds, Series 2012-1, 4.00% 2019 | 1,250 | 1,384 |
Treasurer of State, Tax-Exempt Private Activity Bonds (Portsmouth Bypass Project), Series 2015, AMT, Assured Guaranty Municipal insured, 5.00% 2026 | 850 | 1,037 |
Treasurer of State, Tax-Exempt Private Activity Bonds (Portsmouth Bypass Project), Series 2015, AMT, Assured Guaranty Municipal insured, 5.00% 2027 | 500 | 605 |
Turnpike Rev. Ref. Bonds, Series 2009-A, 5.00% 2020 | 1,000 | 1,109 |
Warren County, Health Care Facs., Rev. Ref. Bonds (Otterbein Homes Obligated Group), Series 2013-A, 5.00% 2021 | 1,215 | 1,428 |
78,011 | ||
Oklahoma 0.12% | ||
Dev. Fin. Auth., Health System Rev. Ref. Bonds (Obligated Group Consisting of INTEGRIS Baptist Medical Center, Inc., INTEGRIS South Oklahoma City Hospital Corp. and INTEGRIS Rural Health, Inc.), Series 2008-C, 5.00% 2018 (escrowed to maturity) |
1,000 | 1,090 |
Housing Fin. Agcy., Single Family Mortgage Rev. Bonds (Homeownership Loan Program), Series 2009-B, 4.90% 2036 | 335 | 343 |
Municipal Power Auth., Power Supply System Rev. Ref. Bonds, Series 2005-A, 1.24% 2023 (put 2018)1 | 1,510 | 1,508 |
Trustees of the Tulsa Airports Improvement Trust, General Airport Rev. Bonds, Series 2015-A, AMT, BAM insured, 5.00% 2021 |
1,355 | 1,542 |
4,483 | ||
Oregon 0.36% | ||
Dept. of Administrative Services, Certs. of Part., Series 2009-A, 5.00% 2020 (preref. 2019) | 2,500 | 2,799 |
Dept. of Administrative Services, Lottery Rev. Bonds, Series 2009-A, 5.00% 2017 | 2,000 | 2,062 |
Facs. Auth., Rev. Ref. Bonds (Providence Health & Services), Series 2013-C, 1.32% 2020 (put 2017)1 | 1,500 | 1,500 |
G.O. Bonds (Veterans’ Welfare Bonds Series 94), Series 2014-H, 4.00% 2044 | 1,685 | 1,850 |
Housing and Community Services Dept., Mortgage Rev. Bonds (Single Family Mortgage Program), Series 2016-A, 4.00% 2047 |
1,000 | 1,104 |
Port of Portland, Portland International Airport Rev. Bonds, Subseries 20-C, AMT, 5.00% 2017 | 1,000 | 1,040 |
Port of Portland, Portland International Airport Rev. Bonds, Subseries 20-C, AMT, 5.00% 2021 | 1,000 | 1,151 |
Port of Portland, Portland International Airport Rev. Ref. Bonds, Subseries 21-B, AMT, 5.00% 2018 | 2,000 | 2,164 |
13,670 |
Limited Term Tax-Exempt Bond Fund of America — Page 27 of 38
Bonds, notes & other debt instruments Pennsylvania 4.60% |
Principal amount (000) |
Value (000) |
Allegheny County, Airport Auth., Airport Rev. Bonds, Series 2012-A-1, AMT, 5.00% 2024 | $1,025 | $1,183 |
Allegheny County, Hospital Dev. Auth., University of Pittsburgh Medical Center Rev. Bonds, Series 2008-A, 5.00% 2017 | 4,500 | 4,713 |
Allegheny County, Hospital Dev. Auth., University of Pittsburgh Medical Center Rev. Bonds, Series 2008-A, 5.00% 2018 | 4,000 | 4,356 |
Allegheny County, Hospital Dev. Auth., University of Pittsburgh Medical Center Rev. Bonds, Series 2008-B, 5.00% 2018 | 3,250 | 3,515 |
Allegheny County, Hospital Dev. Auth., University of Pittsburgh Medical Center Rev. Ref. Bonds, Series 2010-A, 5.00% 2017 |
2,000 | 2,070 |
Redev. Auth. of Allegheny County, Tax Increment Fncg. Ref. Bonds (Waterfront Project), Series 2007-A, 4.25% 2016 |
1,540 | 1,559 |
Beaver County, Industrial Dev. Auth., Pollution Control Rev. Ref. Bonds (FirstEnergy Nuclear Generation Project), Series 2006-A, 3.50% 2041 (put 2020) | 3,500 | 3,521 |
Cumberland County, Municipal Auth., Rev. Bonds (Diakon Lutheran Social Ministries Project), Series 2016, 4.00% 2017 | 300 | 304 |
Dauphin County, General Auth., Health System Rev. Bonds (Pinnacle Health System Project), Series 2009-A, 5.25% 2017 | 175 | 182 |
Dauphin County, General Auth., Health System Rev. Bonds (Pinnacle Health System Project), Series 2009-A, 5.25% 2017 (escrowed to maturity) | 705 | 733 |
Delaware River Joint Toll Bridge Commission Bridge System Rev. Ref. Bonds, Series 2015, 5.00% 2026 | 410 | 517 |
Delaware River Port Auth., Port Dist. Project Rev. Ref. Bonds, Series 2012, 5.00% 2019 | 1,740 | 1,906 |
Delaware River Port Auth., Port Dist. Project Rev. Ref. Bonds, Series 2012, 5.00% 2022 | 1,300 | 1,496 |
East Hempfield Township, Industrial Dev. Auth., Rev. and Rev. Ref. Bonds (Willow Valley Communities Project), 3.00% 2017 | 690 | 709 |
East Hempfield Township, Industrial Dev. Auth., Rev. and Rev. Ref. Bonds (Willow Valley Communities Project), 5.00% 2021 | 650 | 771 |
East Hempfield Township, Industrial Dev. Auth., Rev. and Rev. Ref. Bonds (Willow Valley Communities Project), 5.00% 2022 | 500 | 602 |
East Hempfield Township, Industrial Dev. Auth., Rev. and Rev. Ref. Bonds (Willow Valley Communities Project), 5.00% 2024 | 400 | 495 |
East Hempfield Township, Industrial Dev. Auth., Rev. and Rev. Ref. Bonds (Willow Valley Communities Project), 5.00% 2025 | 500 | 624 |
East Hempfield Township, Industrial Dev. Auth., Rev. and Rev. Ref. Bonds (Willow Valley Communities Project), 5.00% 2026 | 500 | 617 |
Econ. Dev. Fncg. Auth., Solid Waste Disposal Rev. Bonds (Waste Management, Inc. Project), Series 2013, AMT, 0.85% 2045 (put 2016)1 | 3,000 | 3,000 |
Econ. Dev. Fncg. Auth., Private Activity Rev. Bonds (The Pennsylvania Rapid Bridge Replacement Project), Series 2015, AMT, 5.00% 2024 | 4,900 | 5,937 |
Econ. Dev. Fncg. Auth., Private Activity Rev. Bonds (The Pennsylvania Rapid Bridge Replacement Project), Series 2015, AMT, 5.00% 2024 | 4,500 | 5,415 |
Econ. Dev. Fncg. Auth., Solid Waste Disposal Rev. Bonds (Waste Management, Inc. Project), Series 2004-A, AMT, 2.625% 2021 | 1,000 | 1,059 |
Econ. Dev. Fncg. Auth., Unemployment Compensation Rev. Bonds, Series 2012-A, 5.00% 2019 | 5,000 | 5,635 |
Econ. Dev. Fncg. Auth., Unemployment Compensation Rev. Bonds, Series 2012-B, 5.00% 2020 | 5,000 | 5,630 |
G.O. Bonds, Second Ref. Series 2009, 5.00% 2020 | 2,000 | 2,307 |
Higher Educational Facs. Auth., Rev. Bonds (Edinboro University Foundation Student Housing Project), Series 2008, 5.00% 2018 |
670 | 693 |
Higher Educational Facs. Auth., Rev. Bonds (State System of Higher Education), Series AJ, 5.00% 2017 | 5,000 | 5,194 |
Higher Educational Facs. Auth., Student Housing Rev. Bonds (University Properties, Inc. Student Housing Project at East Stroudsburg University of Pennsylvania), Series 2010, 5.25% 2019 | 1,300 | 1,401 |
Housing Fin. Agcy., Single Family Mortgage Rev. Bonds, Series 2015-117-A, AMT, 3.50% 2040 | 590 | 627 |
Housing Fin. Agcy., Single Family Mortgage Rev. Bonds, Series 2015-118-A, AMT, 3.50% 2040 | 7,805 | 8,281 |
Housing Fin. Agcy., Single Family Mortgage Rev. Bonds, Series 2016-119, 3.50% 2041 | 1,000 | 1,069 |
Housing Fin. Agcy., Single Family Mortgage Rev. Bonds, Series 2016-120, 3.50% 2046 | 7,500 | 8,097 |
Limited Term Tax-Exempt Bond Fund of America — Page 28 of 38
Bonds, notes & other debt instruments Pennsylvania (continued) |
Principal amount (000) |
Value (000) |
Intergovernmental Cooperation Auth., Special Tax Rev. Ref. Bonds (City of Philadelphia Funding Program), Series 2010, 5.00% 2017 | $1,500 | $1,559 |
Intergovernmental Cooperation Auth., Special Tax Rev. Ref. Bonds (City of Philadelphia Funding Program), Series 2010, 5.00% 2019 | 2,000 | 2,245 |
Mifflin County, Hospital Auth. Rev. Ref. Bonds (Lewistown Hospital Project), 5.125% 2022 | 5,830 | 6,080 |
Montgomery County, Industrial Dev. Auth., Health Systems Rev. Bonds (Albert Einstein Healthcare Network Issue), Series 2015-A, 5.00% 2021 | 2,000 | 2,262 |
Montgomery County, Industrial Dev. Auth., Health Systems Rev. Bonds (Albert Einstein Healthcare Network Issue), Series 2015-A, 5.25% 2026 | 1,000 | 1,189 |
Montgomery County, Industrial Dev. Auth., Pollution Control Rev. Ref. Bonds (PECO Energy Company Project), Series 1999-A, 2.50% 2030 (put 2020) | 3,000 | 3,060 |
Montgomery County, Industrial Dev. Auth., Retirement Communities Rev. Bonds (ACTS Retirement-Life Communities, Inc. Obligated Group), Series 2009-A-1, 5.25% 2017 | 1,110 | 1,177 |
Montgomery County, Industrial Dev. Auth., Retirement Communities Rev. Bonds (ACTS Retirement-Life Communities, Inc. Obligated Group), Series 2009-A-1, 5.50% 2018 | 935 | 1,039 |
Montgomery County, Industrial Dev. Auth., Retirement Communities Rev. Bonds (ACTS Retirement-Life Communities, Inc. Obligated Group), Series 2009-A-1, 5.50% 2019 | 975 | 1,125 |
Montgomery County, Industrial Dev. Auth., Retirement Communities Rev. Ref. Bonds (ACTS Retirement-Life Communities, Inc. Obligated Group), Series 2006-B, 5.00% 2016 | 2,570 | 2,604 |
Montgomery County, Industrial Dev. Auth., Retirement Communities Rev. Ref. Bonds (ACTS Retirement-Life Communities, Inc. Obligated Group), Series 2012, 5.00% 2023 | 2,400 | 2,833 |
Montgomery County, Industrial Dev. Auth., Retirement Communities Rev. Ref. Bonds (ACTS Retirement-Life Communities, Inc. Obligated Group), Series 2012, 5.00% 2024 | 1,000 | 1,175 |
Pennsylvania State University, Rev. Ref. Bonds, Series 2016-B, 5.00% 2026 | 1,000 | 1,312 |
City of Philadelphia, Water and Wastewater Rev. Bonds, Series 2009-A, 5.75% 2018 | 2,500 | 2,681 |
City of Philadelphia, Water and Wastewater Rev. Bonds, Series 2009-A, 5.75% 2019 | 3,000 | 3,361 |
Econ. Dev. Fncg. Auth., Solid Waste Disposal Rev. Ref. Bonds (Republic Services, Inc. Project), Series 2010-B, 0.60% 2030 (put 2016)1 | 250 | 250 |
State Public School Building Auth., School Lease Rev. Bonds (School Dist. of Philadelphia Project), Series 2012, 5.00% 2019 |
1,000 | 1,085 |
State Public School Building Auth., School Lease Rev. Bonds (School Dist. of Philadelphia Project), Series 2012, 5.00% 2021 |
2,000 | 2,237 |
Health Care Facs. Auth. of Sayre, Rev. Ref. Bonds (Guthrie Health Issue), Series 2007, 1.101% 20171 | 2,160 | 2,158 |
Susquehanna Area Regional Airport Auth., Airport System Rev. Bonds, Series 2012-A, AMT, 5.00% 2020 | 1,000 | 1,097 |
Susquehanna Area Regional Airport Auth., Airport System Rev. Bonds, Series 2012-A, AMT, 5.00% 2021 | 2,840 | 3,189 |
Susquehanna Area Regional Airport Auth., Airport System Rev. Bonds, Series 2012-A, AMT, 5.00% 2022 | 5,355 | 6,117 |
Auth. for Industrial Dev., Temple University Rev. Bonds, 1st Series 5.00% 2028 | 1,000 | 1,235 |
Turnpike Commission, Turnpike Rev. Bonds, 5.00% 2022 | 5,000 | 5,981 |
Turnpike Commission, Turnpike Rev. Bonds, Series 2005-A, Assured Guaranty Municipal insured, 5.25% 2025 | 1,500 | 1,915 |
Turnpike Commission, Turnpike Rev. Bonds, Series 2014-B-1, 1.14% 20191 | 2,000 | 1,991 |
Turnpike Commission, Turnpike Rev. Bonds, Series 2014-B-1, 1.42% 20211 | 8,775 | 8,743 |
Turnpike Commission, Turnpike Rev. Bonds, Series 2015-A-2, 1.24% 2045 (put 2018)1 | 8,500 | 8,499 |
Turnpike Commission, Turnpike Rev. Bonds, Series 2016-A-1, 5.00% 2027 | 1,060 | 1,330 |
Turnpike Commission, Turnpike Rev. Bonds, Series 2016-A-2, 0.927% 20171 | 2,500 | 2,501 |
Turnpike Commission, Turnpike Rev. Bonds, Series 2016-A-2, 1.027% 20181 | 2,000 | 2,000 |
York County, Industrial Dev. Auth., Pollution Control Rev. Ref. Bonds (Philadelphia Electric Co. Project), Series 1993-A, 2.55% 2036 (put 2020) |
4,000 | 4,091 |
172,339 | ||
Puerto Rico 0.10% | ||
Industrial, Tourist, Educational, Medical and Environmental Control Facs. Fncg. Auth., Hospital Rev. and Rev. Ref. Bonds (Hospital Auxilio Mutuo Obligated Group Project), Series 2011-A, 5.00% 2020 | 3,345 | 3,598 |
Limited Term Tax-Exempt Bond Fund of America — Page 29 of 38
Bonds, notes & other debt instruments Rhode Island 0.76% |
Principal amount (000) |
Value (000) |
Commerce Corp., Airport Rev. Bonds, Series 2016-D, 5.00% 2034 | $505 | $605 |
Commerce Corp., Grant Anticipation Rev. Ref. Bonds (Dept. of Transportation), Series 2016-A, 5.00% 2022 | 1,000 | 1,197 |
Commerce Corp., Grant Anticipation Rev. Ref. Bonds (Dept. of Transportation), Series 2016-A, 5.00% 2023 | 2,500 | 3,046 |
Health and Educational Building Corp., Hospital Fncg. Rev. Ref. Bonds (Lifespan Obligated Group Issue), Series 2016, 5.00% 2023 | 2,000 | 2,390 |
Health and Educational Building Corp., Hospital Fncg. Rev. Ref. Bonds (Lifespan Obligated Group Issue), Series 2016, 5.00% 2024 | 2,350 | 2,841 |
Health and Educational Building Corp., Providence Public Schools Rev. Bond Fncg. Program, Rev. Ref. Bonds (Providence Public Buildings Auth. Issue), Series 2015, Assured Guaranty Municipal insured, 5.00% 2026 | 2,000 | 2,479 |
Housing and Mortgage Fin. Corp., Homeownership Opportunity Bonds, Series 66-A-1, 4.00% 2033 | 1,355 | 1,455 |
Housing and Mortgage Fin. Corp., Homeownership Opportunity Bonds, Series 66-A-2, 4.00% 2032 | 1,065 | 1,121 |
Student Loan Auth., Student Loan Program Rev. Bonds, Series 2014-A, AMT, 5.00% 2018 | 800 | 867 |
Student Loan Auth., Student Loan Program Rev. Bonds, Series 2014-A, AMT, 5.00% 2019 | 900 | 1,003 |
Student Loan Auth., Student Loan Program Rev. Bonds, Series 2014-A, AMT, 5.00% 2020 | 1,250 | 1,418 |
Student Loan Auth., Student Loan Program Rev. Bonds, Series 2014-A, AMT, 5.00% 2021 | 1,400 | 1,609 |
Student Loan Auth., Student Loan Program Rev. Bonds, Series 2015-A, AMT, 3.50% 2025 | 3,000 | 3,085 |
Student Loan Auth., Student Loan Program Rev. Bonds, Series 2015-A, AMT, 3.625% 2026 | 1,000 | 1,031 |
Student Loan Auth., Student Loan Program Rev. Bonds, Series 2016-A, AMT, 3.00% 2026 | 4,000 | 4,037 |
Student Loan Auth., Student Loan Program Rev. Bonds, Series 2016-A, AMT, 5.00% 2019 | 400 | 444 |
28,628 | ||
South Carolina 0.99% | ||
Housing Fin. and Dev. Auth., Mortgage Rev. Bonds, Series 2016-B-2, AMT, 4.00% 2043 | 2,500 | 2,731 |
Housing Fin. Auth., Mortgage Rev. Ref. Bonds, 4.00% 2036 | 1,835 | 2,019 |
Jobs-Econ. Dev. Auth., Hospital Rev. Ref. and Improvement Bonds (Palmetto Health), Series 2009, 5.00% 2017 | 1,085 | 1,128 |
Jobs-Econ. Dev. Auth., Hospital Rev. Ref. Bonds (Palmetto Health), Series 2013-A, 5.25% 2024 | 3,120 | 3,833 |
Lexington County, Health Services Dist., Inc., Hospital Rev. Ref. Bonds (Lexington Medical Center), Series 2007, 5.00% 2016 |
2,000 | 2,023 |
Public Service Auth., Rev. Obligations (Santee Cooper), Series 2009-B, 5.00% 2017 (escrowed to maturity) | 2,000 | 2,038 |
Public Service Auth., Rev. Obligations (Santee Cooper), Series 2009-B, 5.00% 2018 (escrowed to maturity) | 1,275 | 1,356 |
Public Service Auth., Rev. Obligations (Santee Cooper), Series 2014-C, 5.00% 2021 | 1,005 | 1,208 |
Public Service Auth., Rev. Obligations (Santee Cooper), Series 2014-C, 5.00% 2022 | 1,000 | 1,225 |
Public Service Auth., Rev. Obligations (Santee Cooper), Series 2015-C, 5.00% 2021 | 3,095 | 3,720 |
Public Service Auth., Rev. Obligations (Santee Cooper), Series 2015-C, 5.00% 2022 | 1,000 | 1,225 |
Public Service Auth., Rev. Ref. Obligations (Santee Cooper), Series 2016-C, 5.00% 2025 | 1,000 | 1,254 |
Richland County, Environmental Improvement Rev. Ref. Bonds, Series 2014-A, AMT, 3.875% 2023 | 4,000 | 4,410 |
Transportation Infrastructure Bank, Rev. Ref. Bonds, Series 2005-A, AMBAC insured, 5.25% 2018 | 8,000 | 8,799 |
36,969 | ||
South Dakota 0.13% | ||
Educational Enhancement Funding Corp, Tobacco Settlement Rev. Bonds, Series 2013-B, 5.00% 2023 | 1,000 | 1,192 |
Health and Educational Facs. Auth., Rev. Bonds (Sanford), Series 2014-B, 5.00% 2022 | 375 | 456 |
Housing Dev. Auth., Homeownership Mortgage Bonds, Series 2013-A, AMT, 3.00% 2030 | 650 | 677 |
Housing Dev. Auth., Homeownership Mortgage Bonds, Series 2015-D, 4.00% 2045 | 1,220 | 1,349 |
Housing Dev. Auth., Homeownership Mortgage Rev. Ref. Bonds, Series 2012-D, AMT, 4.00% 2029 | 1,060 | 1,131 |
4,805 | ||
Tennessee 1.07% | ||
Housing Dev. Agcy., Homeownership Program Rev. Ref. Bonds, Issue 2011-1-A, AMT, 4.50% 2031 |
1,555 | 1,669 |
Housing Dev. Agcy., Homeownership Program Rev. Ref. Bonds, Issue 2012-1-A, AMT, 4.50% 2038 |
570 | 608 |
Housing Dev. Agcy., Homeownership Program Rev. Ref. Bonds, Issue 2015-A, 3.50% 2045 | 935 | 1,001 |
Housing Dev. Agcy., Housing Fin. Program Bonds, Issue 2010-A-1, 5.00% 2027 | 300 | 313 |
Housing Dev. Agcy., Residential Fin. Program Bonds, AMT, 4.00% 2046 | 965 | 1,051 |
Limited Term Tax-Exempt Bond Fund of America — Page 30 of 38
Bonds, notes & other debt instruments Tennessee (continued) |
Principal amount (000) |
Value (000) |
Housing Dev. Agcy., Residential Fin. Program Bonds, Issue 2013-1-C, 3.00% 2038 | $2,325 | $2,430 |
Housing Dev. Agcy., Residential Fin. Program Bonds, Series 2013-2-A, AMT, 4.00% 2043 | 1,240 | 1,332 |
Housing Dev. Agcy., Residential Fin. Program Bonds, Series 2016-1-A, AMT, 3.50% 2047 | 2,060 | 2,217 |
Housing Dev. Agcy., Residential Fin. Program Bonds, Series 2016-1-B, 3.50% 2047 | 240 | 260 |
Health, Educational and Housing Fac. Board of the County of Knox, Hospital Rev. Ref. Bonds (Covenant Health), Series 2012-A, 5.00% 2019 |
1,000 | 1,096 |
Health, Educational and Housing Fac. Board of the County of Knox, Hospital Rev. Ref. Bonds (Covenant Health), Series 2012-A, 5.00% 2020 |
1,220 | 1,380 |
Health, Educational and Housing Fac. Board of the County of Knox, Hospital Rev. Ref. Bonds (Covenant Health), Series 2012-A, 5.00% 2022 |
3,320 | 3,937 |
Health, Educational and Housing Fac. Board of the County of Knox, Hospital Rev. Ref. Bonds (Covenant Health), Series 2012-A, 5.00% 2023 |
1,000 | 1,210 |
Memphis-Shelby County, Airport Auth., Airport Rev. Ref. Bonds, Series 2010-B, AMT, 5.00% 2017 | 5,375 | 5,581 |
Memphis-Shelby County, Airport Auth., Airport Rev. Ref. Bonds, Series 2010-B, AMT, 5.375% 2018 | 6,590 | 7,134 |
Memphis-Shelby County, Airport Auth., Airport Rev. Ref. Bonds, Series 2010-B, AMT, 5.50% 2019 | 2,500 | 2,816 |
Memphis-Shelby County, Airport Auth., Airport Rev. Ref. Bonds, Series 2011-C, AMT, 5.00% 2018 | 2,500 | 2,688 |
Memphis-Shelby County, Airport Auth., Airport Rev. Ref. Bonds, Series 2011-C, AMT, 5.00% 2019 | 1,500 | 1,668 |
Tennessee Energy Acquisition Corp., Gas Project Rev. Bonds, Series 2006-C, 5.00% 2021 | 1,580 | 1,832 |
40,223 | ||
Texas 8.09% | ||
Arlington Higher Education Fin. Corp., Education Rev. Bonds (Uplift Education), Series 2016-A, 2.75% 2026 | 1,000 | 1,013 |
Austin Community College Dist. Public Fac. Corp., Lease Rev. Bonds (Educational Fac. Project - Round Rock Campus), Series 2008, 5.25% 2017 (escrowed to maturity) | 1,500 | 1,572 |
City of Austin (Travis and Williamson Counties), Water and Wastewater System Rev. Ref. Bonds, Series 2009, 5.00% 2018 | 1,500 | 1,648 |
City of Austin (Travis and Williamson Counties), Water and Wastewater System Rev. Ref. Bonds, Series 2016, 5.00% 2027 | 1,250 | 1,624 |
Bexar County, Hospital Dist., Combination Tax and Rev. Certificates of Obligation, Series 2008, 5.00% 2017 | 2,665 | 2,728 |
Bexar County, Hospital Dist., Combination Tax and Rev. Certificates of Obligation, Series 2008, 5.00% 2018 | 3,015 | 3,215 |
Brazos River Harbor Navigation Dist. of Brazoria County, Environmental Facs. Rev. Ref. Bonds (Dow Chemical Co. Project), Series 2002-A-4, AMT, 5.95% 2033 | 9,000 | 9,859 |
City of Brownsville, Utilities System Rev. Ref. Bonds, 5.00% 2021 | 1,500 | 1,785 |
Central Texas Regional Mobility Auth., Rev. Ref. Bonds, Series 2015-B, 5.00% 2045 (put 2021) | 1,900 | 2,159 |
Central Texas Regional Mobility Auth., Rev. Ref. Bonds, Series 2010, 5.75% 2020 | 1,000 | 1,159 |
Central Texas Regional Mobility Auth., Rev. Ref. Bonds, Series 2016, 5.00% 2024 | 1,000 | 1,231 |
Central Texas Regional Mobility Auth., Rev. Ref. Bonds, Series 2016, 5.00% 2025 | 1,000 | 1,245 |
Central Texas Regional Mobility Auth., Rev. Ref. Bonds, Series 2016, 5.00% 2026 | 1,500 | 1,895 |
Transportation Commission, Central Texas Turnpike System Rev. Ref. Bonds, Series 2015-A, 5.00% 2042 (put 2020) |
500 | 571 |
Transportation Commission, Central Texas Turnpike System Rev. Ref. Bonds, Series 2015-C, 5.00% 2025 | 1,000 | 1,224 |
Clint Independent School Dist. (El Paso County), Unlimited Tax School Building Bonds, Series 2006, 5.00% 2016 |
1,080 | 1,082 |
Corpus Christi Independent School Dist., Unlimited Tax School Building Bonds (Nueces County), Series 2009, 5.00% 2019 |
2,070 | 2,341 |
City of Dallas (Dallas, Denton, Collin and Rockwall Counties), G.O. Bonds, Series 2007, 5.00% 2018 | 1,080 | 1,106 |
City of Dallas, G.O. Limited Bonds, 5.00% 2018 (preref. 2017) | 4,420 | 4,527 |
Dallas Area Rapid Transit, Sales Tax Rev. Bonds, Series 2008, 5.00% 2018 | 1,000 | 1,101 |
Dallas Area Rapid Transit, Sales Tax Rev. Ref. Bonds, Series 2007, AMBAC insured, 5.00% 2016 | 2,000 | 2,031 |
Dallas County Community College Dist. (Dallas County), G.O. Ref. and Improvement Bonds, Series 2008, 5.00% 2018 |
5,690 | 6,081 |
Cities of Dallas and Fort Worth, Dallas/Fort Worth International Airport, Joint Rev. Improvement Bonds, Series 2013-A, AMT, 5.00% 2026 |
1,000 | 1,197 |
Cities of Dallas and Fort Worth, Dallas/Fort Worth International Airport, Joint Rev. Improvement Bonds, Series 2013-E, AMT, 5.00% 2020 |
5,000 | 5,819 |
Limited Term Tax-Exempt Bond Fund of America — Page 31 of 38
Bonds, notes & other debt instruments Texas (continued) |
Principal amount (000) |
Value (000) |
Cities of Dallas and Fort Worth, Dallas/Fort Worth International Airport, Joint Rev. Improvement Bonds, Series 2013-F, 5.00% 2021 |
$2,000 | $2,388 |
Cities of Dallas and Fort Worth, Dallas/Fort Worth International Airport, Joint Rev. Ref. Bonds, Series 2009-A, 5.00% 2017 |
5,000 | 5,271 |
Cities of Dallas and Fort Worth, Dallas/Fort Worth International Airport, Joint Rev. Ref. Bonds, Series 2009-A, 5.00% 2018 |
1,000 | 1,095 |
Cities of Dallas and Fort Worth, Dallas/Fort Worth International Airport, Joint Rev. Ref. Bonds, Series 2011-C, 5.00% 2022 |
1,430 | 1,672 |
Cities of Dallas and Fort Worth, Dallas/Fort Worth International Airport, Joint Rev. Ref. Bonds, Series 2012-B, 5.00% 2021 |
2,500 | 2,926 |
Cities of Dallas and Fort Worth, Dallas/Fort Worth International Airport, Joint Rev. Ref. Bonds, Series 2013-D, 5.00% 2021 |
1,000 | 1,194 |
Cities of Dallas and Fort Worth, Dallas/Fort Worth International Airport, Joint Rev. Ref. Bonds, Series 2014-A, AMT, 5.25% 2026 |
2,000 | 2,464 |
Downtown Redev. Auth., Tax Increment Contract Rev. Ref. Bonds, Series 2015, BAM insured, 5.00% 2027 | 2,010 | 2,458 |
Fort Bend County, Fort Bend Independent School Dist., Unlimited Tax Ref. Bonds, Series 2009, 5.00% 2018 | 1,000 | 1,067 |
G.O. Bonds, College Student Loan Bonds, Series 2011-A, AMT, 5.00% 2019 | 1,700 | 1,916 |
G.O. Bonds, Water Financial Assistance Bonds (Water Infrastructure Fund), Series 2009-A, 5.00% 2019 |
1,000 | 1,089 |
Harris County Cultural Education Facs. Fin. Corp., Medical Facs. Rev. Ref. Bonds (Baylor College of Medicine), 1.127% 2045 (put 2020)1 | 13,000 | 13,066 |
Harris County Cultural Education Facs. Fin. Corp., Rev. Ref. Bonds (Methodist Hospital System), Series 2008-B, 5.25% 2017 |
3,500 | 3,712 |
Harris County, Health Facs. Dev. Corp., Hospital Rev. Ref. Bonds (Memorial Hermann Healthcare System), Series 2014-A, 5.00% 2025 | 2,850 | 3,591 |
Harris County, Industrial Dev. Corp., Solid Waste Disposal Rev. Bonds (Deer Park Refining Limited Partnership Project), Series 2006, 4.70% 2018 | 2,000 | 2,106 |
Harris County, Metropolitan Transit Auth., Sales and Use Tax Rev. Ref. Bonds, Series 2016-A, 5.00% 2027 | 1,500 | 1,954 |
Harris County, Sports Auth., Rev. Ref. Bonds, Series 2014-A, 5.00% 2021 | 750 | 894 |
Harris County, Sports Auth., Rev. Ref. Bonds, Series 2014-A, Assured Guaranty Municipal insured, 5.00% 2024 | 4,000 | 5,028 |
Harris County, Metropolitan Transit Auth., Sales and Use Tax Bonds, Series 2009-A, 5.00% 2017 | 3,990 | 4,217 |
Harris County, Toll Road Rev. Bonds, Series 2009-A, 5.00% 2017 | 1,100 | 1,152 |
Harris County, Toll Road Rev. Bonds, Series 2009-A, 5.00% 2020 | 1,255 | 1,418 |
Harris County, Toll Road Rev. Bonds, Series 2012-B, 1.14% 2021 (put 2018)1 | 13,500 | 13,491 |
Harris County, Toll Road Rev. Ref. Bonds, Series 2007-A, National insured, 4.50% 2020 | 2,000 | 2,081 |
Harris County, Toll Road Rev. Ref. Bonds, Series 2016-A, 5.00% 2027 | 1,500 | 1,938 |
Dept. of Housing and Community Affairs, Residential Mortgage Rev. Bonds, Series 2009-A, 5.375% 2039 | 295 | 306 |
City of Houston, Combined Utility System, Rev. Ref. Bonds, Series 2012-A, 1.34% 2034 (put 2020)1 | 7,500 | 7,465 |
City of Houston, Combined Utility System, Rev. and Rev. Ref. Bonds, Series 2016-B, 5.00% 2022 | 2,000 | 2,461 |
City of Houston, Combined Utility System, Rev. and Rev. Ref. Bonds, Series 2016-B, 5.00% 2025 | 3,905 | 5,054 |
City of Houston, Airport System Rev. Ref. Bonds, Series 2007-B, FGIC-National insured, 5.00% 2017 | 1,000 | 1,040 |
City of Houston, Airport System Rev. Ref. Bonds, Series 2009-A, 5.00% 2017 | 1,600 | 1,664 |
City of Houston, Airport System Rev. Ref. Bonds, Series 2009-A, 5.00% 2019 | 1,500 | 1,626 |
City of Houston, Airport System Rev. Ref. Bonds, Series 2011-A, AMT, 5.00% 2019 | 10,000 | 11,152 |
City of Houston, Airport System Rev. Ref. Bonds, Series 2011-B, 5.00% 2025 | 1,000 | 1,178 |
City of Houston, Airport System Rev. Ref. Bonds, Series 2012-A, AMT, 5.00% 2021 | 3,785 | 4,442 |
City of Houston, Combined Utility System Rev. Ref. Bonds, Series 2012-B, 1.19% 2034 (put 2017)1 | 950 | 950 |
City of Houston, Public Improvement Ref. Bonds, Series 2009-A, 5.00% 2020 | 2,500 | 2,779 |
Houston Independent School Dist. (Harris County), Limited Tax Schoolhouse Bonds, Series 2008, 5.00% 2018 (preref. 2017) | 1,500 | 1,537 |
City of Kerrville, Health Facs. Dev. Corp., Hospital Rev. Bonds (Peterson Regional Medical Center Project), 5.00% 2022 | 1,000 | 1,178 |
City of Kerrville, Health Facs. Dev. Corp., Hospital Rev. Bonds (Peterson Regional Medical Center Project), 5.00% 2021 | 800 | 927 |
Limited Term Tax-Exempt Bond Fund of America — Page 32 of 38
Bonds, notes & other debt instruments Texas (continued) |
Principal amount (000) |
Value (000) |
Lone Star College System (Harris and Montgomery Counties), Limited Tax G.O. Bonds, Series 2009, 5.00% 2018 |
$1,000 | $1,088 |
Lower Colorado River Auth., Transmission Contract Rev. Ref. Bonds (LCRA Transmission Services Corp. Project), Series 2011-B, 5.00% 2019 | 5,000 | 5,594 |
Lower Colorado River Auth., Transmission Contract Rev. Ref. Bonds (LCRA Transmission Services Corp. Project), Series 2016, 5.00% 2026 | 835 | 1,075 |
Lower Colorado River Auth., Transmission Contract Rev. Ref. Bonds (LCRA Transmission Services Corp. Project), Series 2016, 5.00% 2027 | 300 | 383 |
Mansfield Independent School Dist. (Tarrant and Johnson Counties), Unlimited Tax Ref. Bonds, Series 2010, 5.00% 2020 |
5,890 | 6,771 |
Mission Econ. Dev. Corp., Solid Waste Disposal Rev. Bonds (Allied Waste North America, Inc. Project), Series 2008-A, 0.60% 2020 (put 2016)1 |
1,500 | 1,500 |
Municipal Gas Acquisition and Supply Corp. I, Gas Supply Rev. Bonds, Series 2006-A, 5.25% 2017 | 1,500 | 1,584 |
Municipal Gas Acquisition and Supply Corp. III, Gas Supply Rev. Bonds, Series 2012, 5.00% 2021 | 3,500 | 4,115 |
Municipal Gas Acquisition and Supply Corp. III, Gas Supply Rev. Bonds, Series 2012, 5.00% 2022 | 2,800 | 3,356 |
Municipal Gas Acquisition and Supply Corp. III, Gas Supply Rev. Bonds, Series 2012, 5.00% 2023 | 2,000 | 2,387 |
New Hope Cultural Education Facs. Fin. Corp., Student Housing Rev. Bonds (CHF - Collegiate Housing Stephenville III, L.L.C. - Tarleton State University Project), Series 2015-A, 5.00% 2030 | 800 | 930 |
North Texas Health Facs. Dev. Corp., Hospital Rev. Ref. Bonds (United Regional Health Care System, Inc. Project), Series 2007, Assured Guaranty Municipal insured, 5.00% 2022 | 1,400 | 1,464 |
North Texas Tollway Auth., Dallas North Tollway System Rev. Ref. Bonds, Series 2005-C, 5.00% 2019 | 2,000 | 2,203 |
North Texas Tollway Auth., System Rev. Ref. Bonds, Current Interest Bonds, Series 2008-A, 5.50% 2018 | 3,000 | 3,207 |
North Texas Tollway Auth., System Rev. Ref. Bonds, Current Interest Bonds, Series 2008-A, 6.00% 2019 | 5,000 | 5,376 |
North Texas Tollway Auth., System Rev. Ref. Bonds, Current Interest Bonds, Series 2014-C, 1.11% 2038 (put 2020)1 |
3,900 | 3,911 |
North Texas Tollway Auth., System Rev. Ref. Bonds, Series 2011-B, 5.00% 2019 | 1,250 | 1,377 |
North Texas Tollway Auth., System Rev. Ref. Bonds, Series 2012-C, 1.95% 2038 (put 2019) | 5,400 | 5,509 |
North Texas Tollway Auth., System Rev. Ref. Bonds, Series 2014-A, 5.00% 2022 | 1,000 | 1,195 |
North Texas Tollway Auth., System Rev. Ref. Bonds, Series 2014-A, 5.00% 2023 | 2,000 | 2,441 |
North Texas Tollway Auth., System Rev. Ref. Bonds, Series 2016-A, 5.00% 2026 | 1,600 | 1,978 |
North Texas Tollway Auth., System Rev. Ref. Bonds, Series 2016-A, 5.00% 2027 | 1,000 | 1,225 |
North Texas Tollway Auth., System Rev. Ref. Bonds, Series 2016-A, 5.00% 2028 | 2,000 | 2,529 |
City of Olmos Park, Higher Education Facs. Corp., Higher Education Rev. Improvement and Ref. Bonds (University of the Incarnate Word Project), Series 2012, 5.00% 2022 | 2,000 | 2,402 |
City of Olmos Park, Higher Education Facs. Corp., Higher Education Rev. Improvement and Ref. Bonds (University of the Incarnate Word Project), Series 2012, 5.00% 2023 | 1,500 | 1,796 |
Plano Independent School Dist. (Collin County), School Building Unlimited Tax Bonds, Series 2008-A, 5.00% 2017 |
1,000 | 1,025 |
Red River Education Fin. Corp., Higher Education Rev. Bonds (Saint Edward’s University Project), Series 2016, 5.00% 2026 | 575 | 707 |
Red River Education Fin. Corp., Higher Education Rev. Bonds (Saint Edward’s University Project), Series 2016, 5.00% 2027 | 850 | 1,040 |
SA Energy Acquisition Public Fac. Corp., Gas Supply Rev. Bonds, Series 2007, 5.25% 2017 | 1,000 | 1,040 |
Sam Rayburn Municipal Power Agcy., Power Supply System Rev. Ref. Bonds, Series 2012, 5.00% 2018 | 2,000 | 2,179 |
City of San Antonio, Airport System Rev. Ref. Bonds, Series 2012, AMT, 4.00% 2021 | 1,000 | 1,125 |
City of San Antonio, Electric and Gas Systems Rev. Ref. Bonds, Series 2015-D, 3.00% 2045 (put 2020) | 3,000 | 3,241 |
City of San Antonio, Electric and Gas Systems Rev. Ref. Bonds, Series 2015-C, 3.00% 2045 (put 2019) | 2,000 | 2,136 |
City of San Antonio, Electric and Gas Systems Rev. Ref. Bonds, Series 2016, 5.00% 2026 | 2,000 | 2,602 |
City of San Antonio, Passenger Fac. Charge and Airport System Rev. Ref. Bonds, Series 2012, AMT, 5.00% 2020 |
1,680 | 1,928 |
City of San Antonio, Passenger Fac. Charge and Airport System Rev. Ref. Bonds, Series 2012, AMT, 5.00% 2021 |
1,770 | 2,076 |
City of San Antonio, Water System Rev. Ref. Bonds, Series 2015-B, 5.00% 2027 | 1,045 | 1,321 |
Tarrant County Cultural Education Facs. Fin. Corp., Health Resources System Rev. Ref. Bonds, Series 2007-A, 5.00% 2017 |
1,000 | 1,024 |
Limited Term Tax-Exempt Bond Fund of America — Page 33 of 38
Bonds, notes & other debt instruments Texas (continued) |
Principal amount (000) |
Value (000) |
Tarrant County Cultural Education Facs. Fin. Corp., Hospital Rev. Ref. Bonds (Scott and White Memorial Hospital and Scott, Sherwood and Brindley Foundation Project), Series 2008-A, 5.00% 2017 (escrowed to maturity) |
$1,500 | $1,571 |
Tarrant County Cultural Education Facs. Fin. Corp., Retirement Fac. Rev. Ref. Bonds (Buckner Retirement Services, Inc. Project), Series 2007, 5.00% 2016 | 720 | 727 |
Tarrant County Cultural Education Facs. Fin. Corp., Retirement Fac. Rev. Ref. Bonds (Buckner Retirement Services, Inc. Project), Series 2007, 5.00% 2016 (escrowed to maturity) | 560 | 567 |
Tarrant County Health Facs. Dev. Corp., Hospital Rev. Bonds (Cook Children’s Medical Center Project), Series 2010-A, 4.50% 2022 |
500 | 555 |
Tarrant Regional Water Dist., Water Control and Improvement Dist., Water Rev. Ref. and Improvement Bonds, Series 2009, 5.00% 2020 (preref. 2019) | 1,710 | 1,901 |
Board of Regents of the Texas A&M University System, Rev. Fncg. System Bonds, Series 2016-C, 4.00% 2027 | 2,000 | 2,400 |
Board of Regents of the Texas A&M University System, Series 2015-B, 5.00% 2025 | 1,585 | 1,988 |
Board of Regents of the Texas A&M University System, Series 2015-B, 5.00% 2026 | 850 | 1,062 |
Board of Regents of Texas Tech University System, Rev. Fncg. System Ref. and Improvement Bonds, Series 2012-A, 5.00% 2023 |
1,000 | 1,195 |
Board of Regents of Texas Tech University System, Rev. Fncg. System Ref. and Improvement Bonds, Series 2012-A, 5.00% 2024 |
1,735 | 2,069 |
Transportation Commission, G.O. Mobility Fund Bonds, Series 2008, 5.00% 2020 (preref. 2018) | 3,640 | 3,909 |
Transportation Commission, G.O. Mobility Fund Bonds, Series 2008, 5.00% 2020 (preref. 2018) | 360 | 387 |
Transportation Commission, G.O. Mobility Fund Bonds, Series 2014-B, 0.82% 2041 (put 2018)1 |
6,000 | 5,963 |
Transportation Commission, Highway Improvement, G.O. Bonds, Series 2010-B, 5.00% 2017 | 1,575 | 1,624 |
Transportation Commission, Highway Improvement, G.O. Bonds, Series 2016, 5.00% 2018 | 2,500 | 2,687 |
Board of Regents of the University of Houston System, Consolidated Rev. Ref. Bonds, Series 2009, 5.00% 2017 |
1,060 | 1,086 |
Board of Regents of the University of Houston System, Consolidated Rev. Ref. Bonds, Series 2009, 5.00% 2018 |
1,000 | 1,068 |
Board of Regents of the University of Houston System, Consolidated Rev. Ref. Bonds, Series 2009, 5.00% 2020 |
2,200 | 2,439 |
Board of Regents of the University of North Texas System, Rev. Fncg. System Bonds, Series 2009-A, 5.00% 2018 |
1,000 | 1,074 |
Board of Regents of The University of Texas System, Rev. Fncg. System Bonds, Series 2016-E, 5.00% 2027 | 1,500 | 1,995 |
303,267 | ||
Utah 0.36% | ||
Transit Auth., Sales Tax Rev. Bonds, Series 2008-A, Assured Guaranty Municipal insured, 5.25% 2019 | 1,525 | 1,728 |
Transit Auth., Sales Tax Rev. Bonds, Series 2008-A, Assured Guaranty Municipal insured, 5.25% 2019 (escrowed to maturity) | 3,725 | 4,218 |
Transit Auth., Sales Tax Rev. Bonds, Series 2015-A, 5.00% 2025 | 1,000 | 1,274 |
Utah Housing Corp., Single Family Mortgage Bonds, Class III, Series 2015-D-2, 4.00% 2045 | 5,845 | 6,418 |
13,638 | ||
Vermont 0.08% | ||
Educational and Health Buildings Fncg. Agcy., Rev. Bonds (The University of Vermont Medical Center Project), Series 2016-A, 5.00% 2025 | 2,000 | 2,524 |
Student Assistance Corp., Education Loan Rev. Notes, Series 2012-B, AMT, 2.153% 20221 | 365 | 370 |
2,894 | ||
Virgin Islands 0.11% | ||
Public Fin. Auth., Rev. Bonds (Matching Fund Loan Notes), Series 2013-A, 5.00% 2018 | 900 | 917 |
Public Fin. Auth., Rev. Ref. Bonds (Matching Fund Loan Notes), Series 2009-B, 5.00% 2018 | 3,000 | 3,062 |
Public Fin. Auth., Rev. Ref. Bonds (Matching Fund Loan Notes), Series 2012-A, 2.25% 2017 | 205 | 203 |
4,182 |
Limited Term Tax-Exempt Bond Fund of America — Page 34 of 38
Bonds, notes & other debt instruments Virginia 0.06% |
Principal amount (000) |
Value (000) |
Industrial Dev. Auth. of Wise County, Solid Waste and Sewage Disposal Rev. Bonds (Virginia Electric and Power Co. Project), Series 2009-A, 2.15% 2040 (put 2020) | $1,000 | $1,040 |
Industrial Dev. Auth. of Wise County, Solid Waste and Sewage Disposal Rev. Bonds (Virginia Electric and Power Co. Project), Series 2010-A, 1.875% 2040 (put 2020) | 1,000 | 1,030 |
2,070 | ||
Washington 2.49% | ||
Central Puget Sound Regional Transit Auth., Sales Tax Bonds, Series 2015-S-2A, 1.14% 2045 (put 2018)1 |
10,500 | 10,510 |
Public Utility Dist. No. 1 of Clark County, Electric System Rev. Ref. Bonds, Series 2007, FGIC-National insured, 5.00% 2017 |
2,000 | 2,038 |
Energy Northwest, Electric Rev. Ref. Bonds (Project No. 1), Series 2007-C, 5.00% 2017 | 3,000 | 3,125 |
Energy Northwest, Electric Rev. Ref. Bonds (Project No. 1), Series 2009-A, 5.25% 2018 | 1,250 | 1,362 |
Energy Northwest, Electric Rev. Ref. Bonds (Project No. 1), Series 2012-A, 5.00% 2017 | 5,000 | 5,209 |
Energy Northwest, Electric Rev. Ref. Bonds (Project No. 1), Series 2015-C, National insured, 5.00% 2025 | 875 | 1,135 |
Energy Northwest, Electric Rev. Ref. Bonds (Project No. 3), Series 2015-C, 5.00% 2026 | 500 | 642 |
Energy Northwest, Electric Rev. Ref. Bonds (Project No. 1), Series 2016-A, 5.00% 2024 | 300 | 382 |
Energy Northwest, Electric Rev. Ref. Bonds (Project No. 3), Series 2016-A, 5.00% 2027 | 1,575 | 2,046 |
Federal Highway Grant Anticipation Rev. Bonds (SR 520 Corridor Program), Series 2012-F, 5.00% 2020 | 5,000 | 5,798 |
Federal Highway Grant Anticipation Rev. Bonds (SR 520 Corridor Program), Series 2014-C, 5.00% 2019 | 1,000 | 1,126 |
Federal Highway Grant Anticipation Rev. Bonds (SR 520 Corridor Program), Series 2014-C, 5.00% 2021 | 2,500 | 2,975 |
Various Purpose G.O. Bonds, Series 1992-B, 6.40% 2017 | 2,570 | 2,695 |
Public Utility Dist. No. 2 of Grant County, Electric System Rev. Ref. Bonds, Series 2011-I, 5.00% 2017 (escrowed to maturity) |
5,000 | 5,094 |
Health Care Facs. Auth., Rev. Bonds (Group Health Cooperative), Series 2006, RADIAN insured, 5.00% 2023 | 1,600 | 1,624 |
Health Care Facs. Auth., Rev. Ref. Bonds (Central Washington Health Services Association), Series 2015, 5.00% 2027 | 1,250 | 1,504 |
Health Care Facs. Auth., Rev. Ref. Bonds (PeaceHealth), Series 2014-A, 5.00% 2026 | 1,000 | 1,218 |
Health Care Facs. Auth., Rev. Ref. Bonds (Providence Health & Services), Series 2012-B, 5.00% 2042 (put 2021) |
1,000 | 1,187 |
Health Care Facs. Auth., Rev. Ref. Bonds (Seattle Children’s Hospital), Series 2010-B, 5.00% 2021 | 1,235 | 1,432 |
Health Care Facs. Auth., Rev. Bonds (Catholic Health Initiatives), Series 2013-B-1, 1.44% 2035 (put 2021)1 | 8,000 | 7,939 |
Higher Education Facs. Auth., Rev. Ref. Bonds (Gonzaga University Project), Series 2009-B, 5.00% 2018 | 2,235 | 2,381 |
Higher Education Facs. Auth., Rev. Ref. Bonds (Gonzaga University Project), Series 2009-B, 5.00% 2019 | 2,350 | 2,590 |
Higher Education Facs. Auth., Rev. Ref. Bonds (Gonzaga University Project), Series 2010-A, 5.00% 2018 | 1,000 | 1,065 |
Housing Fin. Commission, Homeownership Program Bonds, Series 2011-A, 4.50% 2029 | 520 | 546 |
Housing Fin. Commission, Single Family Program Rev. Ref. Bonds, Series 2015-A-R, AMT, 3.50% 2038 | 1,440 | 1,530 |
King County, Public Hospital Dist. No. 1, Limited Tax G.O. and Ref. Bonds, Series 2008-A, Assured Guaranty insured, 5.00% 2016 |
2,595 | 2,633 |
Port of Seattle, Special Fac. Rev. Ref. Bonds (Seatac Fuel Facs. LLC), AMT, 5.00% 2022 | 1,000 | 1,187 |
Port of Seattle, Special Fac. Rev. Ref. Bonds (Seatac Fuel Facs. LLC), AMT, 5.00% 2023 | 1,100 | 1,324 |
City of Seattle, Municipal Light and Power Improvement and Rev. Ref. Bonds, Series 2015-B-1, 1.12% 2045 (put 2018)1 |
6,800 | 6,800 |
Housing Auth. of the City of Seattle, Capital Fund Program Rev. Bonds (High Rise Rehabilitation Program - Phase III), Series 2007, AMT, Assured Guaranty Municipal insured, 4.55% 2017 |
515 | 522 |
Port of Seattle, Passenger Fac. Charge Rev. Ref. Bonds, Series 2010-B, AMT, 5.00% 2016 | 2,000 | 2,030 |
Port of Seattle, Rev. Ref. Bonds, Series 2015-B, 5.00% 2022 | 500 | 604 |
Port of Seattle, Rev. Ref. Bonds, Series 2015-C, AMT, 5.00% 2029 | 1,000 | 1,207 |
Tobacco Settlement Auth., Tobacco Settlement Rev. Ref. Bonds, Series 2013, 5.00% 2022 | 900 | 1,059 |
Tobacco Settlement Auth., Tobacco Settlement Rev. Ref. Bonds, Series 2013, 5.00% 2026 | 6,300 | 6,320 |
Tobacco Settlement Auth., Tobacco Settlement Rev. Ref. Bonds, Series 2013, 5.00% 2027 | 2,500 | 2,572 |
93,411 |
Limited Term Tax-Exempt Bond Fund of America — Page 35 of 38
Bonds, notes & other debt instruments Wisconsin 1.57% |
Principal amount (000) |
Value (000) |
General Fund Annual Appropriation Rev. Ref. Bonds, Series 2009-A, 5.00% 2018 | $2,000 | $2,155 |
Health and Educational Facs. Auth., Rev. Bonds (UnityPoint Health), Series 2014-A, 5.00% 2022 | 1,000 | 1,226 |
Health and Educational Facs. Auth., Rev. Bonds (Ascension Health Alliance Senior Credit Group), Series 2013-B-1, 4.00% 2043 (put 2018) |
1,500 | 1,578 |
Health and Educational Facs. Auth., Rev. Bonds (Ascension Health Alliance Senior Credit Group), Series 2013-B-3, 5.00% 2043 (put 2020) |
10,310 | 11,863 |
Health and Educational Facs. Auth., Rev. Bonds (Aurora Health Care, Inc.), Series 2010-A, 5.00% 2017 | 1,000 | 1,030 |
Health and Educational Facs. Auth., Rev. Bonds (Thedacare, Inc.), Series 2009-A, 5.25% 2017 | 2,000 | 2,122 |
Health and Educational Facs. Auth., Rev. Ref. Bonds (Aurora Health Care, Inc.), Series 2012-A, 5.00% 2021 |
7,765 | 9,166 |
Health and Educational Facs. Auth., Rev. Ref. Bonds (Ministry Health Care), Series 2012-C, 5.00% 2021 (escrowed to maturity) | 1,200 | 1,441 |
Health and Educational Facs. Auth., Rev. Ref. Bonds (ProHealth Care, Inc. Obligated Group), Series 2015, 5.00% 2031 | 1,650 | 1,973 |
Health and Educational Facs. Auth., Rev. Ref. Bonds (ProHealth Care, Inc. Obligated Group), Series 2015, 5.00% 2032 | 940 | 1,121 |
Health and Educational Facs. Auth., Rev. Ref. Bonds (Thedacare, Inc.), Series 2009-B, 5.00% 2017 | 2,000 | 2,115 |
Health and Educational Facs. Auth., Rev. Ref. Bonds (Thedacare, Inc.), Series 2015, 5.00% 2026 | 1,170 | 1,459 |
Housing and Econ. Dev. Auth., Home Ownership Rev. Bonds, Series 2015-A, AMT, 4.00% 2045 |
6,565 | 7,048 |
Housing and Econ. Dev. Auth., Home Ownership Rev. Bonds, Series 2016-A, AMT, 3.50% 2046 |
8,000 | 8,520 |
Milwaukee County, Airport Rev. Ref. Bonds, Series 2010-B, AMT, 5.00% 2017 | 1,250 | 1,319 |
Milwaukee County, Airport Rev. Ref. Bonds, Series 2010-B, AMT, 5.00% 2018 | 1,500 | 1,639 |
Milwaukee County, Airport Rev. Ref. Bonds, Series 2010-B, AMT, 5.00% 2020 | 1,500 | 1,690 |
WPPI Energy, Power Supply System Rev. Bonds, Series 2016-A, 5.00% 2024 | 500 | 629 |
WPPI Energy, Power Supply System Rev. Bonds, Series 2016-A, 5.00% 2026 | 500 | 648 |
58,742 | ||
Wyoming 0.17% | ||
Community Dev. Auth., Housing Rev. Bonds, Series 2015-3, 3.00% 2044 | 1,590 | 1,668 |
Community Dev. Auth., Housing Rev. Bonds, Series 2015-6, 4.00% 2045 | 4,305 | 4,709 |
6,377 | ||
Total bonds, notes & other debt instruments (cost: $3,281,897,000) | 3,425,300 | |
Short-term securities 8.26% | ||
State of Alaska, International Airport System, Rev. Ref. Bonds, Series 2009-A, AMT, 0.45% 20301 | 1,350 | 1,350 |
State of Arizona, Health Facs. Auth., Rev. Ref. Bonds (Banner Health), Series 2008-F, 0.46% 20291 | 8,440 | 8,440 |
State of California, Educational Facs. Auth., Higher Education Commercial Paper, Series 2016-S-3, 0.30% 11/3/2016 |
5,000 | 5,000 |
State of California, Educational Facs. Auth., Higher Education Commercial Paper, Series 2016-S-4, 0.44% 10/5/2016 |
8,000 | 8,000 |
State of California, Health Facs. Fncg. Auth., Rev. Bonds (St. Joseph Health System), Series 2011-B, 0.38% 20411 |
7,345 | 7,345 |
State of California, City of Los Angeles, Dept. of Water and Power, Commercial Paper, Series 2016-A-2, 0.46% 10/11/2016 |
5,000 | 5,000 |
State of California, County of Los Angeles, 2016-17 Tax and Rev. Anticipation Notes, 3.00% 6/30/2017 | 14,000 | 14,323 |
State of Colorado, General Fund Tax and Rev. Anticipation Notes, Series 2016-A, 2.00% 6/27/2017 |
25,000 | 25,320 |
State of Connecticut, Health and Educational Facs. Auth., Higher Education Commercial Paper, Series 2016-1, 0.43% 8/4/2016 | 3,000 | 3,000 |
State of Connecticut, Health and Educational Facs. Auth., Higher Education Commercial Paper, Series 2016-2, 0.43% 9/2/2016 | 3,000 | 3,000 |
Limited Term Tax-Exempt Bond Fund of America — Page 36 of 38
Short-term securities | Principal amount (000) |
Value (000) |
District of Columbia, Tax and Rev. Anticipation Notes, Series 2015, 1.50% 9/30/2016 | $15,000 | $15,029 |
State of Idaho, Tax Anticipation Notes, Series 2016, 2.00% 6/30/2017 | 5,000 | 5,065 |
State of Kentucky, Louisville and Jefferson County, Metropolitan Sewer Dist., Sewer and Drainage System Bonds, Series 2015, 5.00% 11/22/2016 | 5,000 | 5,070 |
State of Maryland, Montgomery County, Consolidated Public Improvement Bond Anticipation Notes, Series 2009-B, 0.45% 8/9/2016 |
3,000 | 3,000 |
State of Massachusetts, Health and Educational Facs. Auth., Higher Education Commercial Paper, Series 2016-EE, 0.43% 9/6/2016 |
5,000 | 5,000 |
State of Massachusetts, Housing Fin. Agcy., Housing Bonds, Series 2009-A, 0.48% 20431 | 1,240 | 1,240 |
State of Massachusetts, School Building Auth., Dedicated Sales Tax Rev. Ref. Bonds, Series 2015-C, 5.00% 8/15/2016 |
20,000 | 20,042 |
State of Mississippi, Business Fin. Corp., Gulf Opportunity Zone Industrial Dev. Rev. Bonds (Chevron U.S.A. Inc. Project), Series 2010-L, 0.40% 20351 | 8,800 | 8,800 |
State of Missouri, Health and Educational Facs. Auth., Demand Educational Facs. Rev. Bonds (Washington University), Series 1996-A, 0.40% 20301 | 4,000 | 4,000 |
State of New Hampshire, New Hampshire Health and Education Facs. Auth., Rev. Bonds (Dartmouth College Issue), Series 2003, 0.42% 20231 | 4,970 | 4,970 |
State of New York, New York City Industrial Dev. Agcy., Civic Fac. Ref. and Improvement Rev. Bonds (2005 American Civil Liberties Union Foundation, Inc. Project), Series 2005, JPMorgan Chase LOC, 0.39% 20351 | 4,350 | 4,350 |
State of New York, Metropolitan Transportation Auth., Dedicated Tax Fund Bond Anticipation Notes, Series 2016-A-1-F, 2.00% 3/1/2017 |
7,500 | 7,567 |
State of New York, Metropolitan Transportation Auth., Transportation Rev. Bond Anticipation Notes, Series 2015-B-1, 1.00% 8/1/2016 |
5,000 | 5,000 |
State of New York, Metropolitan Transportation Auth., Transportation Rev. Bond Anticipation Notes, Series 2015-B-1-G, 1.00% 8/1/2016 |
20,000 | 20,001 |
State of New York, Metropolitan Transportation Auth., Transportation Rev. Bond Anticipation Notes, Series 2016-A-1-E, 2.00% 3/1/2017 |
10,000 | 10,089 |
State of New York, Metropolitan Transportation Auth., Transportation Rev. Bond Anticipation Notes, Series 2016-A-1-F 2.00% 10/1/2016 |
15,000 | 15,039 |
State of New York, City of New York, G.O. Bonds, Series 1994-E-2, 0.39% 20201 | 5,500 | 5,500 |
State of New York, City of New York, G.O. Bonds, Series 2006-H-1, 0.39% 20361 | 9,900 | 9,900 |
State of New York, City of New York, G.O. Bonds, Series 2008-L-4, 0.40% 20381 | 3,000 | 3,000 |
State of New York, New York City Municipal Water Fin. Auth., Water and Sewer System Second General Resolution Rev. Ref. Bonds, Series 2006-CC-1, 0.36% 20381 | 6,000 | 6,000 |
State of New York, New York City Transitional Fin. Auth., Future Tax Secured Rev. Ref. Bonds, Series 2015-E-3, 0.39% 20451 | 7,900 | 7,900 |
State of New York, New York City Transitional Fin. Auth., Future Tax Secured Rev. Ref. Bonds, Series 2016-E-4, 0.39% 20451 | 7,000 | 7,000 |
State of Ohio, Cleveland-Cuyahoga County Port Auth., Rev. Bonds (Carnegie/89th Garage and Service Center, LLC Project), Series 2007, 0.43% 20371 | 6,170 | 6,170 |
State of Ohio, Ohio Water Dev. Auth., Pollution Control Rev. Ref. Bonds (FirstEnergy Nuclear Generation Corp. Project), Series 2008-B, 0.44% 20181 | 500 | 500 |
State of Oregon, Full Faith and Credit Tax Anticipation Notes, Series 2015-A, 2.00% 9/15/2016 |
22,000 | 22,045 |
State of Oregon, Full Faith and Credit Tax Anticipation Notes, Series 2016-A, 2.00% 6/30/2017 |
13,000 | 13,177 |
State of Texas, Harris County Cultural Education Facs. Fin. Corp., Special Facs. Rev. Ref. Bonds (Medical Center), Series 2008-A, JPMorgan Chase LOC, 0.37% 20311 |
3,370 | 3,370 |
State of Texas, City of Houston, Tax and Rev. Anticipation Notes, 1.00% 6/30/2017 | 5,000 | 5,021 |
Limited Term Tax-Exempt Bond Fund of America — Page 37 of 38
Short-term securities | Principal amount (000) |
Value (000) |
State of Texas, Lower Neches Valley Auth., Industrial Dev. Corp. Rev. Bonds (ExxonMobil Project), Series 2011, 0.34% 20511 | $4,000 | $4,000 |
Territory of Virgin Islands, Public Fin. Auth., Grant Anticipation Rev. Bonds (Federal Highway Grant Anticipation Rev. Loan Notes), Series 2015, 3.00% 9/1/20162 | 1,000 | 1,001 |
Total short-term securities (cost: $309,538,000) | 309,624 | |
Total investment securities 99.60% (cost: $3,591,435,000) | 3,734,924 | |
Other assets less liabilities 0.40% | 14,866 | |
Net assets 100.00% | $3,749,790 |
1 | Coupon rate may change periodically. For short-term securities, the date of the next scheduled coupon rate change is considered to be the maturity date. |
2 | Acquired in a transaction exempt from registration under Rule 144A of the Securities Act of 1933. May be resold in the U.S. in transactions exempt from registration, normally to qualified institutional buyers. The total value of all such securities was $14,457,000, which represented .39% of the net assets of the fund. |
3 | Principal payments may be made periodically. Therefore, the effective maturity date may be earlier than the stated maturity date. |
Key to abbreviations | |
Agcy. = Agency | Fin. = Finance |
AMT = Alternative Minimum Tax | Fncg. = Financing |
Auth. = Authority | G.O. = General Obligation |
Certs. of Part. = Certificates of Participation | LOC = Letter of Credit |
Dept. = Department | Preref. = Prerefunded |
Dev. = Development | Redev. = Redevelopment |
Dist. = District | Ref. = Refunding |
Econ. = Economic | Rev. = Revenue |
Fac. = Facility | TECP = Tax-Exempt Commercial Paper |
Facs. = Facilities |
Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value.
Investors should carefully consider investment objectives, risks, charges and expenses. This and other important information is contained in the fund prospectus and summary prospectus, which can be obtained from your financial professional and should be read carefully before investing. You may also call American Funds Service Company (AFS) at (800) 421-4225 or visit the American Funds website at americanfunds.com.
MFGEFPX-043-0916O-S54086 | Limited Term Tax-Exempt Bond Fund of America — Page 38 of 38 |
Report of Independent Registered Public Accounting Firm
To the Board of Trustees and Shareholders of American Funds Short-Term Tax-Exempt Bond Fund, Limited Term Tax-Exempt Bond Fund of America, The Tax-Exempt Bond Fund of America, American High-Income Municipal Bond Fund, The Tax-Exempt Fund of California and American Funds Tax-Exempt Fund of New York
In our opinion, the accompanying statements of assets and liabilities, including the summary investment portfolios, and the related statements of operations and of changes in net assets and the financial highlights (included in Item 1 of this Form N-CSR) and the investment portfolios (included in Item 6 of this Form N-CSR) present fairly, in all material respects, the financial position of American Funds Short-Term Tax-Exempt Bond Fund, Limited Term Tax-Exempt Bond Fund of America, The Tax-Exempt Bond Fund of America, American High-Income Municipal Bond Fund, The Tax-Exempt Fund of California and American Funds Tax-Exempt Fund of New York (the “Funds”) at July 31, 2016, the results of each of their operations for the year then ended, the changes in each of their net assets and the financial highlights for each of the periods presented (other than as noted below for The Tax-Exempt Fund of California), in conformity with accounting principles generally accepted in the United States of America. These financial statements, financial highlights, and investment portfolios (hereafter referred to as "financial statements") are the responsibility of the Funds’ management. Our responsibility is to express an opinion on these financial statements based on our audits. We conducted our audits of these financial statements in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, and evaluating the overall financial statement presentation. We believe that our audits, which included confirmation of securities at July 31, 2016 by correspondence with the custodians and brokers, provide a reasonable basis for our opinion. The financial highlights of The Tax-Exempt Fund of California for each of the periods ended on or before July 31, 2013, were audited by another independent registered public accounting firm whose report dated September 9, 2013, expressed an unqualified opinion on those financial highlights.
PricewaterhouseCoopers LLP
Los Angeles, California
September 12, 2016
The
Tax-Exempt Bond Fund of America®
Investment portfolio
July 31, 2016
Bonds, notes & other debt instruments 94.44% Alabama 1.23% |
Principal amount (000) |
Value (000) |
Ascension Health, Rev. Bonds (Ascension Senior Credit Group), Series 2016-B, 5.00% 2046 | $500 | $613 |
Black Belt Energy Gas Dist., Gas Supply Rev. Bonds, Series 2016-A, 4.00% 2046 (put 2021) | 38,000 | 42,585 |
Federal Aid Highway Fin. Auth., Federal Highway Grant Anticipation Bonds, Series 2012, 5.00% 2021 | 10,000 | 11,927 |
Federal Aid Highway Fin. Auth., Federal Highway Grant Anticipation Bonds, Series 2012, 5.00% 2025 | 2,000 | 2,377 |
Incentives Fncg. Auth., Special Obligation Bonds, Series 2009-C, 5.00% 2024 | 2,375 | 2,651 |
Incentives Fncg. Auth., Special Obligation Bonds, Series 2009-C, 5.00% 2029 | 1,250 | 1,398 |
Jefferson County, Sewer Rev. Warrants, Series 2013-A, Assured Guaranty Municipal insured, 5.00% 2044 | 22,340 | 25,564 |
Jefferson County, Sewer Rev. Warrants, Series 2013-A, Assured Guaranty Municipal insured, 5.25% 2048 | 16,065 | 18,517 |
Jefferson County, Sewer Rev. Warrants, Series 2013-D, 6.00% 2042 | 10,000 | 12,165 |
Jefferson County, Sewer Rev. Warrants, Series 2013-D, 6.50% 2053 | 13,000 | 16,353 |
Jefferson County, Sewer Rev. Warrants, Series 2013-D, 7.00% 2051 | 1,500 | 1,945 |
The Lower Alabama Gas Dist., Gas Project Rev. Bonds, Series 2016-A, 5.00% 2029 | 1,250 | 1,573 |
The Lower Alabama Gas Dist., Gas Project Rev. Bonds, Series 2016-A, 5.00% 2031 | 10,000 | 12,735 |
The Lower Alabama Gas Dist., Gas Project Rev. Bonds, Series 2016-A, 5.00% 2046 | 690 | 949 |
Special Care Facs. Fncg. Auth. Of Mobile, Rev. Bonds (Infirmary Health Systems, Inc.), Series 2016-A, 5.00% 2036 |
1,000 | 1,196 |
The Medical Clinic Board of the City of Montgomery, Health Care Fac. Rev. Bonds (Jackson Hospital & Clinic), 5.00% 2021 | 1,000 | 1,145 |
The Medical Clinic Board of the City of Montgomery, Health Care Fac. Rev. Bonds (Jackson Hospital & Clinic), 5.00% 2022 | 3,215 | 3,756 |
The Medical Clinic Board of the City of Montgomery, Health Care Fac. Rev. Bonds (Jackson Hospital & Clinic), 5.00% 2033 | 2,500 | 2,947 |
Industrial Dev. Board. of the City of Selma, Gulf Opportunity Zone Bonds (International Paper Co. Project), Series 2011-A, 5.375% 2035 | 4,000 | 4,503 |
Special Care Facs. Fncg. Auth. of the City of Pell City, Rev. Ref. Bonds (Noland Health Services, Inc.), Series 2012-A, 5.00% 2039 |
3,200 | 3,585 |
Board of Trustees of the University of Alabama, Birmingham Hospital Rev. Ref. Bonds, Series 2008-A, 5.25% 2025 |
1,000 | 1,089 |
169,573 | ||
Alaska 0.06% | ||
International Airport System, Rev. Ref. Bonds, Series 2016-A, 5.00% 2031 | 3,000 | 3,708 |
International Airport System, Rev. Ref. Bonds, Series 2016-B, 5.00% 2034 | 3,500 | 4,281 |
7,989 | ||
Arizona 2.10% | ||
Health Facs. Auth., Rev. Ref. Bonds (Phoenix Children’s Hospital), Series 2013-A-1, 2.29% 2048 (put 2020)1 | 4,000 | 4,076 |
Certs. of Part., Series 2010-A, Assured Guaranty Municipal insured, 5.25% 2025 | 2,500 | 2,829 |
Estrella Mountain Ranch Community Facs. Dist. (City of Goodyear), Dist. G.O. Bonds, Series 2007, 6.125% 2027 |
660 | 681 |
Estrella Mountain Ranch Community Facs. Dist. (City of Goodyear), Dist. G.O. Bonds, Series 2007, 6.20% 2032 |
1,000 | 1,031 |
City of Glendale, Water and Sewer Rev. Ref. Obligations, Series 2012, 5.00% 2027 | 1,500 | 1,818 |
Industrial Dev. Auth. of the City of Glendale, Rev. Bonds (Midwestern University), Series 2010, 5.00% 2025 | 1,000 | 1,124 |
Industrial Dev. Auth. of the City of Glendale, Rev. Bonds (Midwestern University), Series 2010, 5.00% 2035 | 3,130 | 3,528 |
Industrial Dev. Auth. of the City of Glendale, Rev. Bonds (Midwestern University), Series 2010, 5.125% 2040 | 6,215 | 7,033 |
The Tax-Exempt Bond Fund of America — Page 1 of 98
Bonds, notes & other debt instruments Arizona (continued) |
Principal amount (000) |
Value (000) |
Industrial Dev. Auth. of the City of Glendale, Rev. Ref. Bonds (Midwestern University), Series 2007, 5.00% 2023 |
$3,725 | $4,411 |
Industrial Dev. Auth. of the City of Glendale, Rev. Ref. Bonds (Midwestern University), Series 2007, 5.00% 2024 |
2,910 | 3,428 |
Industrial Dev. Auth. of the City of Glendale, Rev. Ref. Bonds (Midwestern University), Series 2007, 5.00% 2025 |
2,610 | 3,056 |
Industrial Dev. Auth. of the City of Glendale, Rev. Ref. Bonds (Midwestern University), Series 2007, 5.00% 2026 |
1,630 | 1,908 |
Industrial Dev. Auth. of the City of Glendale, Rev. Ref. Bonds (Midwestern University), Series 2007, 5.00% 2031 |
4,105 | 4,763 |
Industrial Dev. Auth. of the City of Glendale, Rev. Ref. Bonds (Midwestern University), Series 2007, 5.25% 2020 |
1,795 | 2,062 |
Industrial Dev. Auth. of the City of Glendale, Rev. Ref. Bonds (Midwestern University), Series 2007, 5.25% 2021 |
1,000 | 1,179 |
Industrial Dev. Auth. of the City of Glendale, Rev. Ref. Bonds (Midwestern University), Series 2007, 5.25% 2022 |
2,185 | 2,633 |
Health Facs. Auth., Rev. Bonds (Scottsdale Lincoln Hospitals Project), Series 2014-A, 5.00% 2030 | 1,390 | 1,689 |
Health Facs. Auth., Rev. Bonds (Banner Health), Series 2007-A, 5.00% 2020 (preref. 2017) | 2,000 | 2,038 |
Health Facs. Auth., Rev. Bonds (Banner Health), Series 2007-B, 1.243% 20371 | 27,200 | 25,308 |
Health Facs. Auth., Rev. Ref. Bonds (Banner Health), Series 2007-A, 5.25% 2022 | 1,500 | 1,597 |
Health Facs. Auth., Rev. Ref. Bonds (Banner Health), Series 2015-A, 5.00% 2024 | 255 | 319 |
Health Facs. Auth., Rev. Ref. Bonds (Banner Health), Series 2015-A, 5.00% 2025 | 1,010 | 1,282 |
McAllister Academic Village LLC, Rev. Ref. Bonds (Arizona State University Hassayampa Academic Village Project), Series 2008, 5.00% 2027 (preref. 2018) | 5,035 | 5,449 |
McAllister Academic Village LLC, Rev. Ref. Bonds (Arizona State University Hassayampa Academic Village Project), Series 2008, 5.00% 2028 (preref. 2018) | 4,000 | 4,329 |
McAllister Academic Village LLC, Rev. Ref. Bonds (Arizona State University Hassayampa Academic Village Project), Series 2008, 5.00% 2038 (preref. 2018) | 10,000 | 10,823 |
McAllister Academic Village LLC, Rev. Ref. Bonds (Arizona State University Hassayampa Academic Village Project), Series 2008, 5.25% 2026 (preref. 2018) | 3,500 | 3,805 |
McAllister Academic Village LLC, Rev. Ref. Bonds (Arizona State University Hassayampa Academic Village Project), Series 2016, 5.00% 2033 | 5,080 | 6,285 |
McAllister Academic Village LLC, Rev. Ref. Bonds (Arizona State University Hassayampa Academic Village Project), Series 2016, 5.00% 2035 | 1,500 | 1,845 |
McAllister Academic Village LLC, Rev. Ref. Bonds (Arizona State University Hassayampa Academic Village Project), Series 2016, 5.00% 2036 | 1,500 | 1,837 |
McAllister Academic Village LLC, Rev. Ref. Bonds (Arizona State University Hassayampa Academic Village Project), Series 2016, 5.00% 2037 | 2,000 | 2,447 |
McAllister Academic Village LLC, Rev. Ref. Bonds (Arizona State University Hassayampa Academic Village Project), Series 2016, 5.00% 2038 | 2,000 | 2,443 |
McAllister Academic Village LLC, Rev. Ref. Bonds (Arizona State University Hassayampa Academic Village Project), Series 2016, 5.00% 2039 | 1,500 | 1,831 |
City of Phoenix, Civic Improvement Corp., Airport Rev. Bonds, Series 2008-A, 5.00% 2028 | 2,970 | 3,210 |
City of Phoenix, Civic Improvement Corp., Airport Rev. Bonds, Series 2008-A, 5.00% 2038 | 3,000 | 3,230 |
City of Phoenix, Civic Improvement Corp., Airport Rev. Bonds, Series 2010-A, 5.00% 2029 | 5,400 | 6,173 |
City of Phoenix, Civic Improvement Corp., Airport Rev. Bonds, Series 2010-A, 5.00% 2040 | 12,000 | 13,567 |
City of Phoenix Civic Improvement Corp., Wastewater System Rev. Ref. Bonds, Series 2008, 5.50% 2024 | 1,000 | 1,093 |
Industrial Dev. Auth. of the City of Phoenix, Education Fac. Rev. Bonds (Legacy Traditional Schools Projects), 3.00% 20202 | 435 | 441 |
Industrial Dev. Auth. of the City of Phoenix, Education Fac. Rev. Bonds (Legacy Traditional Schools Projects), 5.00% 20352 | 910 | 984 |
Industrial Dev. Auth. of the City of Phoenix, Education Fac. Rev. Bonds (Legacy Traditional Schools Projects), 5.00% 20452 | 1,050 | 1,127 |
Industrial Dev. Auth. of the City of Phoenix, Education Fac. Rev. Bonds (Legacy Traditional Schools Projects), Series 2014-A, 6.75% 20442 | 1,500 | 1,817 |
The Tax-Exempt Bond Fund of America — Page 2 of 98
Bonds, notes & other debt instruments Arizona (continued) |
Principal amount (000) |
Value (000) |
Industrial Dev. Auth. of the City of Phoenix, Education Facs. Rev Bonds (Basis Schools, Inc. Project), Series 2015, 5.00% 20352 |
$2,050 | $2,248 |
Industrial Dev. Auth. of the City of Phoenix, Education Facs. Rev Bonds (Basis Schools, Inc. Project), Series 2015, 5.00% 20452 |
2,500 | 2,714 |
Industrial Dev. Auth. of the City of Phoenix, Education Facs. Rev Bonds (Basis Schools, Inc. Project), Series 2016-A, 5.00% 20352 |
1,000 | 1,097 |
Industrial Dev. Auth. of the City of Phoenix, Education Facs. Rev Bonds (Basis Schools, Inc. Project), Series 2016-A, 5.00% 20462 |
3,900 | 4,231 |
Industrial Dev. of the City of Phoenix, Lease Rev. Bonds (Rowan University Project), Series 2012, 5.00% 2042 | 12,000 | 13,655 |
Industrial Dev. of the City of Phoenix, Lease Rev. Bonds (Rowan University Project), Series 2012, 5.25% 2034 | 15,000 | 17,529 |
Industrial Dev. Auth. of the County of Pima, Industrial Dev. Rev. Bonds (Tucson Electric Power Co. Project), 4.00% 2029 | 1,140 | 1,264 |
Quail Creek Community Facs. Dist. (Sahuarita), G.O. Bonds, Series 2006, 5.55% 2030 | 1,000 | 1,001 |
Town of Queen Creek, Improvement Dist. No. 001, Improvement Bonds, 5.00% 2026 | 3,505 | 3,562 |
Town of Queen Creek, Improvement Dist. No. 001, Improvement Bonds, 5.00% 2032 | 3,440 | 3,487 |
Salt River Project Agricultural Improvement and Power Dist., Salt River Project Electric System Rev. Bonds, Series 2008-A, 5.00% 2024 | 3,000 | 3,184 |
Salt River Project Agricultural Improvement and Power Dist., Salt River Project Electric System Rev. Bonds, Series 2008-A, 5.00% 2028 | 8,500 | 9,019 |
School Facs. Board, Certs. of Part., Series 2008, 5.125% 2021 (preref. 2018) | 13,000 | 14,232 |
City of Scottsdale, Municipal Property Corp., Excise Tax Rev. Ref. Bonds, Series 2006, 5.00% 2030 | 8,000 | 10,292 |
State Lottery Rev. Bonds, Series 2010-A, Assured Guaranty Municipal insured, 5.00% 2021 | 8,250 | 9,405 |
State Lottery Rev. Bonds, Series 2010-A, Assured Guaranty Municipal insured, 5.00% 2025 | 5,000 | 5,666 |
State Lottery Rev. Bonds, Series 2010-A, Assured Guaranty Municipal insured, 5.00% 2026 | 2,500 | 2,828 |
Industrial Dev. Auth. of the City of Tempe, Rev. Ref. Bonds (Friendship Village of Tempe), Series 2012-A, 5.00% 2019 |
500 | 549 |
Industrial Dev. Auth. of the City of Tempe, Rev. Ref. Bonds (Friendship Village of Tempe), Series 2012-A, 6.25% 2042 |
2,500 | 2,783 |
Transportation Board Highway Rev. Bonds, Series 2008-A, 5.00% 2032 | 5,000 | 5,421 |
Transportation Board Highway Rev. Ref. Bonds, Series 2011-A, 5.25% 2030 | 5,000 | 5,926 |
Transportation Board Highway Rev. Ref. Bonds, Series 2013-A, 5.00% 2023 | 2,000 | 2,440 |
Transportation Board Highway Rev. Ref. Bonds, Series 2013-A, 5.00% 2036 | 6,585 | 7,878 |
Board of Regents, University of Arizona SPEED Rev. Bonds (Stimulus Plan for Econ. and Educational Dev.), Series 2014, 5.00% 2033 | 1,000 | 1,223 |
Verrado Dist. 1 Community Facs. Dist. (Town of Buckeye), Dist. G.O. Ref. Bonds, Series 2013-A, 6.00% 2027 | 2,000 | 2,290 |
Verrado Dist. 1 Community Facs. Dist. (Town of Buckeye), Dist. G.O. Ref. Bonds, Series 2013-A, 5.00% 2023 | 825 | 917 |
Water Infrastructure Fin. Auth., Water Quality Rev. Bonds, Series 2008-A, 5.00% 2023 | 4,000 | 4,381 |
289,751 | ||
Arkansas 0.02% | ||
Dev. Fin. Auth., Health Care Rev. Bonds (Baptist Memorial Health Care), Series 2015-B-3, 1.99% 2044 (put 2022)1 |
2,750 | 2,726 |
California 10.68% | ||
Alameda Corridor Transportation Auth., Rev. Ref. Bonds, Series 2013-A, 5.00% 2024 | 5,000 | 6,236 |
Alameda Corridor Transportation Auth., Rev. Ref. Bonds, Series 2013-A, 5.00% 2025 | 11,600 | 14,369 |
Alameda Corridor Transportation Auth., Rev. Ref. Bonds, Series 2016-B, Assured Guaranty Municipal insured, 4.00% 2035 | 3,000 | 3,345 |
Alameda Corridor Transportation Auth., Rev. Ref. Bonds, Series 2016-B, Assured Guaranty Municipal insured, 4.00% 2037 | 4,200 | 4,659 |
Alameda Corridor Transportation Auth., Rev. Ref. Bonds, Series 2016-B, Assured Guaranty Municipal insured, 5.00% 2035 | 2,400 | 2,960 |
Community Facs. Dist. of the City of Aliso Viejo, 2014 Special Tax Bonds (Glenwood at Aliso Viejo), 5.00% 2032 |
1,235 | 1,460 |
The Tax-Exempt Bond Fund of America — Page 3 of 98
Bonds, notes & other debt instruments California (continued) |
Principal amount (000) |
Value (000) |
Community Facs. Dist. of the City of Aliso Viejo, 2014 Special Tax Bonds (Glenwood at Aliso Viejo), 5.00% 2033 |
$1,330 | $1,567 |
Community Facs. Dist. of the City of Aliso Viejo, 2014 Special Tax Bonds (Glenwood at Aliso Viejo), 5.00% 2034 |
1,620 | 1,901 |
Community Facs. Dist. of the City of Aliso Viejo, 2014 Special Tax Bonds (Glenwood at Aliso Viejo), 5.00% 20383 |
2,900 | 3,374 |
City of Azusa, Community Facs. Dist. No. 2005-1 (Rosedale), Improvement Area No. 1, Special Tax Bonds, Series 2007, 5.00% 2037 | 1,985 | 2,009 |
Assn. of Bay Area Governments, Fin. Auth. for Nonprofit Corps., Insured Rev. Ref. Bonds (Casa de las Campanas, Inc.), Series 2010, 6.00% 2037 |
4,025 | 4,756 |
Assn. of Bay Area Governments, Fin. Auth. for Nonprofit Corps., Insured Rev. Ref. Bonds (Channing House), Series 2010, 6.00% 2030 |
2,000 | 2,355 |
Assn. of Bay Area Governments, Fin. Auth. for Nonprofit Corps., Insured Senior Living Rev. Ref. Bonds (Odd Fellows Home of California), Series 2012-A, 5.00% 2032 | 4,250 | 5,092 |
Assn. of Bay Area Governments, Fin. Auth. for Nonprofit Corps., Insured Senior Living Rev. Ref. Bonds (Odd Fellows Home of California), Series 2012-A, 5.00% 2042 |
1,000 | 1,186 |
Assn. of Bay Area Governments, Fin. Auth. for Nonprofit Corps., Rev. Bonds (Windemere Ranch Infrastructure Fncg. Program), Series 2007-A, CIFG insured, 5.00% 2021 | 1,005 | 1,051 |
Assn. of Bay Area Governments, Fin. Auth. for Nonprofit Corps., Rev. Bonds (Windemere Ranch Infrastructure Fncg. Program), Series 2007-A, CIFG insured, 5.00% 2024 | 1,145 | 1,194 |
Assn. of Bay Area Governments, Fin. Auth. for Nonprofit Corps., Rev. Ref. Bonds (Episcopal Senior Communities), Series 2011, 6.125% 2041 |
1,715 | 2,000 |
Assn. of Bay Area Governments, Fin. Auth. for Nonprofit Corps., Rev. Ref. Bonds (Episcopal Senior Communities), Series 2012-A, 5.00% 2047 |
7,315 | 8,251 |
Assn. of Bay Area Governments, Fin. Auth. for Nonprofit Corps., Rev. Ref. Bonds (Eskaton Properties Inc. Obligated Group), 5.00% 2023 | 710 | 856 |
Assn. of Bay Area Governments, Fin. Auth. for Nonprofit Corps., Rev. Ref. Bonds (Eskaton Properties Inc. Obligated Group), Series 2013, 5.00% 2035 |
1,740 | 1,969 |
Assn. of Bay Area Governments, Fin. Auth. for Nonprofit Corps., Rev. Ref. Bonds (Sharp HealthCare), Series 2009-B, 6.00% 2024 |
1,000 | 1,154 |
Assn. of Bay Area Governments, Fin. Auth. for Nonprofit Corps., Rev. Ref. Bonds (Sharp HealthCare), Series 2009-B, 6.125% 2029 |
1,000 | 1,155 |
Assn. of Bay Area Governments, Fin. Auth. for Nonprofit Corps., Rev. Ref. Bonds (Sharp HealthCare), Series 2012-A, 5.00% 2023 |
1,640 | 1,971 |
Assn. of Bay Area Governments, Fin. Auth. for Nonprofit Corps., Rev. Ref. Bonds (Windemere Ranch Infrastructure Fncg. Program), Series 2014-A, 5.00% 2027 | 1,100 | 1,348 |
Assn. of Bay Area Governments, Fin. Auth. for Nonprofit Corps., Rev. Ref. Bonds (Windemere Ranch Infrastructure Fncg. Program), Series 2014-A, 5.00% 2029 | 995 | 1,209 |
Assn. of Bay Area Governments, Fin. Auth. for Nonprofit Corps., Rev. Ref. Bonds (Windemere Ranch Infrastructure Fncg. Program), Series 2014-A, 5.00% 2030 | 300 | 362 |
Bay Area Toll Auth., San Francisco Bay Area Toll Bridge Rev. Ref. Bonds, Series 2006-C-1, 1.34% 2045 (put 2023)1 |
5,000 | 4,997 |
Bay Area Toll Auth., San Francisco Bay Area Toll Bridge Rev. Ref. Bonds, Series 2007-C-1, 1.34% 2047 (put 2023)1 |
4,000 | 3,998 |
Bay Area Toll Auth., San Francisco Bay Area Toll Bridge Rev. Ref. Bonds, Series 2008-A-1, 1.31% 2045 (put 2023)1 |
1,150 | 1,149 |
Bay Area Toll Auth., San Francisco Bay Area Toll Bridge Rev. Ref. Bonds, Series 2008-B-1, 1.54% 2045 (put 2024)1 |
30,850 | 31,174 |
Bay Area Toll Auth., San Francisco Bay Area Toll Bridge Rev. Ref. Bonds, Series 2008-F-1, 5.00% 2034 (preref. 2018) |
3,980 | 4,276 |
Bay Area Toll Auth., San Francisco Bay Area Toll Bridge Rev. Ref. Bonds, Series 2009-F-1, 5.125% 2039 (preref. 2019) |
10,000 | 11,200 |
Bay Area Toll Auth., San Francisco Bay Area Toll Bridge Rev. Ref. Bonds, Series 2012-F-1, 5.00% 2030 |
2,500 | 3,021 |
The Tax-Exempt Bond Fund of America — Page 4 of 98
Bonds, notes & other debt instruments California (continued) |
Principal amount (000) |
Value (000) |
Bay Area Toll Auth., San Francisco Bay Area Toll Bridge Rev. Ref. Bonds, Series 2012-F-1, 5.00% 2031 |
$2,000 | $2,406 |
Bay Area Toll Auth., San Francisco Bay Area Toll Bridge Rev. Ref. Bonds, Series 2014-B, 1.50% 2047 |
1,000 | 1,010 |
Bay Area Toll Auth., San Francisco Bay Area Toll Bridge Rev. Ref. Bonds, Series 2014-C, 1.875% 2047 |
1,780 | 1,823 |
Bay Area Toll Auth., San Francisco Bay Area Toll Bridge Rev. Ref. Bonds, Series 2014-G, 1.04% 2034 (put 2020)1 |
2,950 | 2,938 |
Bay Area Toll Auth., San Francisco Bay Area Toll Bridge Rev. Ref. Bonds, Series 2014-H, 1.14% 2034 (put 2021)1 |
9,000 | 8,959 |
Bay Area Toll Auth., San Francisco Bay Area Toll Bridge Rev. Ref. Bonds, Series 2014-S-6, 5.00% 2054 |
3,000 | 3,558 |
Successor Agcy. to the Brea Redev. Agcy. (Redev. Project AB), 2013 Tax Allocation Ref. Bonds, 5.00% 2026 | 1,200 | 1,459 |
Trustees of The California State University, Systemwide Rev. Bonds, Series 2016-B-3, 4.00% 2051 (put 2023) | 3,550 | 4,161 |
Trustees of the California State University, Systemwide Rev. Ref. Bonds, Series 2011-A, 5.00% 2037 | 4,000 | 4,733 |
City of Carlsbad, Reassessment Dist. No. 2012-1, Limited Obligation Ref. Bonds, 4.125% 2030 | 1,450 | 1,590 |
City of Carlsbad, Reassessment Dist. No. 2012-1, Limited Obligation Ref. Bonds, 4.125% 2031 | 800 | 869 |
City of Carlsbad, Reassessment Dist. No. 2012-1, Limited Obligation Ref. Bonds, 5.00% 2035 | 1,000 | 1,119 |
Successor Agcy. to the Carson Redev. Agcy., Tax Allocation Ref. Bonds (Redev. Project Area No.1), Series 2014-A, Assured Guaranty Municipal insured, 4.25% 2033 |
750 | 839 |
Castaic Lake Water Agcy., Rev. Ref. Certs. of Part. (1999 Ref. Project), Series 2006-A, AMBAC insured, 5.00% 2020 |
2,015 | 2,016 |
Cathedral City, Redev. Agcy. Successor Agcy., Tax Allocation Rev. Ref. Bonds (HSG-Merged), Series 2014-B, Assured Guaranty Municipal insured, 5.00% 2031 | 1,100 | 1,329 |
Cathedral City, Redev. Agcy. Successor Agcy., Tax Allocation Rev. Ref. Bonds (HSG-Merged), Series 2014-B, Assured Guaranty Municipal insured, 5.00% 2032 | 1,160 | 1,398 |
Cathedral City, Redev. Agcy. Successor Agcy., Tax Allocation Rev. Ref. Bonds (HSG-Merged), Series 2014-B, Assured Guaranty Municipal insured, 5.00% 2033 | 1,215 | 1,460 |
Cerritos Public Fin. Auth., Tax Allocation Rev. Bonds (Cerritos Redev. Projects), Series 2002-A, AMBAC insured, 5.00% 2020 |
6,665 | 7,135 |
Cerritos Public Fin. Auth., Tax Allocation Rev. Bonds (Cerritos Redev. Projects), Series 2002-A, AMBAC insured, 5.00% 2021 |
500 | 535 |
Cerritos Public Fncg. Auth., 2002 Tax Allocation Rev. Bonds (Cerritos Redev. Projects), Series A, AMBAC insured, 5.00% 2017 |
2,880 | 3,027 |
Cerritos Public Fncg. Auth., 2002 Tax Allocation Rev. Bonds (Cerritos Redev. Projects), Series A, AMBAC insured, 5.00% 2019 |
1,000 | 1,073 |
Cerritos Public Fncg. Auth., 2002 Tax Allocation Rev. Ref. Bonds (Cerritos Redev. Projects), Series A, AMBAC insured, 5.00% 2024 |
1,640 | 1,750 |
Certs. of Part., Palomar Pomerado Health, 6.00% 2030 | 7,500 | 8,158 |
Chabot-Las Positas Community College Dist. (Alameda and Contra Costa Counties), G.O. Rev. Ref. Bonds, Series 2016, 4.00% 2033 | 10,000 | 11,473 |
Chino Public Fncg. Auth., Local Agcy. Rev. Ref. Bonds, Series 2015-A, Assured Guaranty Municipal insured, 5.00% 2025 | 1,065 | 1,334 |
Chino Public Fncg. Auth., Local Agcy. Rev. Ref. Bonds, Series 2015-A, Assured Guaranty Municipal insured, 5.00% 2026 | 225 | 280 |
Chino Public Fncg. Auth., Local Agcy. Rev. Ref. Bonds, Series 2015-A, Assured Guaranty Municipal insured, 5.00% 2034 | 1,090 | 1,290 |
Chino Public Fncg. Auth., Local Agcy. Rev. Ref. Bonds, Series 2015-A, Assured Guaranty Municipal insured, 5.00% 2035 | 1,725 | 2,031 |
Successor Agcy. to the Redev. Agcy. of the City of Chino, Tax Allocation Ref. Bonds, Series 2014-A, 5.00% 2028 |
1,370 | 1,690 |
Successor Agcy. to the Redev. Agcy. of the City of Chino, Tax Allocation Ref. Bonds, Series 2014-A, 5.00% 2029 |
1,325 | 1,625 |
Chula Vista Municipal Fncg. Auth., Special Tax Rev. Ref. Bonds, Series 2013, 5.00% 2034 | 2,360 | 2,769 |
The Tax-Exempt Bond Fund of America — Page 5 of 98
Bonds, notes & other debt instruments California (continued) |
Principal amount (000) |
Value (000) |
Successor Agency to the Redev. Agcy. of the City of Chula Vista, Tax Allocation Rev. Ref. Bonds, Series 2016, Assured Guaranty Municipal insured, 5.00% 2028 | $570 | $726 |
Successor Agency to the Redev. Agcy. of the City of Chula Vista, Tax Allocation Rev. Ref. Bonds, Series 2016, Assured Guaranty Municipal insured, 5.00% 2031 | 1,015 | 1,275 |
Successor Agency to the Redev. Agcy. of the City of Chula Vista, Tax Allocation Rev. Ref. Bonds, Series 2016, Assured Guaranty Municipal insured, 5.00% 2032 | 1,070 | 1,338 |
Successor Agency to the Redev. Agcy. of the City of Chula Vista, Tax Allocation Rev. Ref. Bonds, Series 2016, Assured Guaranty Municipal insured, 5.00% 2033 | 1,125 | 1,400 |
Coast Community College Dist., Election of 2002 G.O. Bonds, Series 2006-B, Assured Guaranty Municipal insured, 5.00% 2024 (preref. 2016) | 4,990 | 4,991 |
Community Facs. Dist. No. 2002-1, City of Corona (Dos Lagos), Special Tax Bonds, Series 2005-A, 4.90% 2025 | 2,975 | 2,982 |
Econ. Recovery Bonds, Ref. Series 2009-A, 5.25% 2021 (preref. 2019) | 11,290 | 12,810 |
Econ. Recovery Bonds, Ref. Series 2009-A, 5.25% 2021 (preref. 2019) | 6,460 | 7,330 |
Educational Facs. Auth., Rev. Bonds (Loyola Marymount University), Series 2010-A, 5.125% 2040 | 1,750 | 1,964 |
Educational Facs. Auth., Rev. Bonds (Pitzer College), Series 2009, 5.25% 2024 | 400 | 456 |
Educational Facs. Auth., Rev. Bonds (Pitzer College), Series 2009, 5.50% 2029 | 1,850 | 2,112 |
Educational Facs. Auth., Rev. Bonds (Pitzer College), Series 2009, 6.00% 2040 | 2,840 | 3,349 |
Educational Facs. Auth., Rev. Bonds (Stanford University), Series 2013-U-3, 5.00% 2043 | 5,000 | 7,471 |
Educational Facs. Auth., Rev. Bonds (Stanford University), Series 2016-U-7, 5.00% 2046 | 3,000 | 4,562 |
Educational Facs. Auth., Rev. Bonds (Stanford University), Series U-1, 5.25% 2040 | 2,040 | 3,071 |
Educational Facs. Auth., Rev. Bonds (University of San Francisco), Series 2011, 6.125% 2036 | 3,450 | 4,268 |
Educational Facs. Auth., Rev. Bonds (University of the Pacific), 5.00% 2036 | 1,000 | 1,211 |
Educational Facs. Auth., Rev. Bonds (University of the Pacific), 5.50% 2039 (preref. 2019) | 85 | 98 |
Educational Facs. Auth., Rev. Ref. Bonds (Chapman University), 5.00% 2045 | 5,000 | 5,973 |
Educational Facs. Auth., Rev. Ref. Bonds (Chapman University), Series 2011, 5.00% 2026 | 3,070 | 3,577 |
Educational Facs. Auth., Rev. Ref. Bonds (Chapman University), Series 2011, 5.00% 2031 | 6,015 | 6,958 |
Educational Facs. Auth., Rev. Ref. Bonds (Loyola Marymount University), Series 2011, 5.00% 2020 | 250 | 290 |
Educational Facs. Auth., Rev. Ref. Bonds (Loyola Marymount University), Series 2011, 5.00% 2021 | 825 | 980 |
Educational Facs. Auth., Rev. Ref. Bonds (Mills College), Series 2005-B, 5.00% 2020 (escrowed to maturity) | 505 | 550 |
Educational Facs. Auth., Rev. Ref. Bonds (University of San Diego), Series 2011, 5.00% 2021 | 100 | 120 |
Educational Facs. Auth., Rev. Ref. Bonds (University of San Diego), Series 2011, 5.00% 2022 | 600 | 736 |
Educational Facs. Auth., Rev. Ref. Bonds (University of the Pacific), 5.00% 2028 | 500 | 636 |
Educational Facs. Auth., Rev. Ref. Bonds (University of the Pacific), 5.00% 2031 | 1,000 | 1,254 |
Educational Facs. Auth., Rev. Ref. Bonds (University of the Pacific), 5.50% 2039 | 910 | 1,029 |
Educational Facs. Auth., Rev. Ref. Bonds (University of the Pacific), 5.50% 2039 (preref. 2019) | 55 | 64 |
Educational Facs. Auth., Rev. Ref. Bonds (University of the Pacific), Series 2012-A, 5.00% 2026 | 895 | 1,061 |
Educational Facs. Auth., Rev. Ref. Bonds (University of the Pacific), Series 2012-A, 5.00% 2030 | 750 | 877 |
County of El Dorado, Community Facs. Dist. No. 1992-1 (El Dorado Hills Dev.), 2012 Special Tax Rev. Ref. Bonds, 4.00% 2029 |
2,140 | 2,345 |
Community Facs. Dist. No. 1, Elk Grove Unified School Dist. (Sacramento County), 2012 Special Tax Ref. Bonds, 4.00% 2033 |
3,000 | 3,233 |
Community Facs. Dist. No. 1, Elk Grove Unified School Dist. (Sacramento County), Special Tax Ref. Bonds, Series 2012, Assured Guaranty Municipal insured, 3.375% 2030 |
1,500 | 1,594 |
Elk Grove Fin. Auth., Special Tax Rev. Bonds, Series 2015, 5.00% 2026 | 1,300 | 1,642 |
Elk Grove Fin. Auth., Special Tax Rev. Bonds, Series 2015, BAM insured, 5.00% 2034 | 500 | 609 |
Elk Grove Fin. Auth., Special Tax Rev. Bonds, Series 2015, BAM insured, 5.00% 2035 | 500 | 606 |
Elk Grove Fin. Auth., Special Tax Rev. Bonds, Series 2015, BAM insured, 5.00% 2038 | 1,500 | 1,807 |
Successor Agcy. to the Emeryville Redev. Agcy., Tax Allocation Rev. Ref. Bonds, Series 2014-A, Assured Guaranty Municipal insured, 5.00% 2032 |
890 | 1,080 |
Successor Agcy. to the Emeryville Redev. Agcy., Tax Allocation Rev. Ref. Bonds, Series 2014-A, Assured Guaranty Municipal insured, 5.00% 2033 |
775 | 938 |
Community Facs. Dist. No. 2015-1, Orange County (Esencia Village), Special Tax Ref. Bonds, Series A, 5.00% 2034 |
750 | 893 |
Community Facs. Dist. No. 2015-1, Orange County (Esencia Village), Special Tax Ref. Bonds, Series A, 5.00% 2035 |
400 | 475 |
The Tax-Exempt Bond Fund of America — Page 6 of 98
Bonds, notes & other debt instruments California (continued) |
Principal amount (000) |
Value (000) |
Successor Agcy. to the Fillmore Redev. Agcy., Tax Allocation Rev. Ref. Bonds, Bam insured, 5.00% 2027 | $2,670 | $3,404 |
Successor Agcy. to the Fillmore Redev. Agcy., Tax Allocation Rev. Ref. Bonds, Bam insured, 5.00% 2028 | 3,120 | 3,963 |
City of Fontana, Community Facs. Dist. No. 22 (Sierra Hills South), Special Tax Bonds, Series 2014, 5.00% 2031 | 880 | 1,037 |
City of Fontana, Community Facs. Dist. No. 22 (Sierra Hills South), Special Tax Bonds, Series 2014, 5.00% 2034 | 1,250 | 1,456 |
Foothill/Eastern Transportation Corridor Agcy., Toll Road Rev. Ref. Bonds, Assured Guaranty Municipal insured, 0% 2034 | 2,000 | 1,130 |
Foothill/Eastern Transportation Corridor Agcy., Toll Road Rev. Ref. Bonds, Assured Guaranty Municipal insured, 0% 2035 | 2,000 | 1,090 |
Foothill/Eastern Transportation Corridor Agcy., Toll Road Rev. Ref. Bonds, Series 2013-A, 5.75% 2046 | 10,260 | 12,308 |
Foothill/Eastern Transportation Corridor Agcy., Toll Road Rev. Ref. Bonds, Series 2013-A, 6.00% 2053 | 24,000 | 29,139 |
Foothill/Eastern Transportation Corridor Agcy., Toll Road Rev. Ref. Bonds, Series 2013-B-1, 5.00% 2053 (put 2018) |
2,500 | 2,591 |
G.O. Bonds, Series 2012-A, 0.89% 2033 (put 2018)1 | 6,000 | 5,980 |
Various Purpose G.O. Bonds, 3.00% 2016 | 39,000 | 39,006 |
Various Purpose G.O. Bonds, 4.00% 2030 (put 2021) | 1,000 | 1,140 |
Various Purpose G.O. Bonds, 5.00% 2017 | 3,900 | 3,989 |
Various Purpose G.O. Bonds, 5.00% 2029 | 2,500 | 3,166 |
Various Purpose G.O. Bonds, 5.25% 2018 | 5,000 | 5,355 |
Various Purpose G.O. Bonds, 5.25% 2028 | 10,185 | 12,271 |
Various Purpose G.O. Bonds, 5.25% 2028 | 3,000 | 3,624 |
Various Purpose G.O. Bonds, 5.25% 2031 | 4,000 | 5,139 |
Various Purpose G.O. Bonds, 5.25% 2032 | 10,000 | 12,799 |
Various Purpose G.O. Bonds, 6.00% 2038 | 8,000 | 9,088 |
Various Purpose G.O. Bonds, 6.00% 2039 | 10,000 | 11,634 |
Various Purpose G.O. Bonds, 6.50% 2033 | 7,000 | 8,085 |
Various Purpose G.O. Bonds, Series 2015-C, 5.00% 2030 | 2,500 | 3,156 |
Various Purpose G.O. Ref. Bonds, 5.00% 2016 | 5,000 | 5,040 |
Various Purpose G.O. Ref. Bonds, 5.00% 2032 | 4,000 | 4,779 |
Veterans G.O. Ref. Bonds, Series 2015-CL, 3.50% 2030 | 7,500 | 8,116 |
Successor Agcy. To the Community Dev. Agcy., Tax Allocation Bonds (Garden Grove Community Project), BAM insured, 5.00% 2027 | 500 | 639 |
Successor Agcy. To the Community Dev. Agcy., Tax Allocation Bonds (Garden Grove Community Project), BAM insured, 5.00% 2028 | 1,000 | 1,267 |
Successor Agcy. To the Community Dev. Agcy., Tax Allocation Bonds (Garden Grove Community Project), BAM insured, 5.00% 2030 | 1,000 | 1,252 |
Golden State Tobacco Securitization Corp., Enhanced Tobacco Settlement Asset-backed Bonds, Series 2005-A, Assured Guaranty Municipal insured, 0% 2026 |
10,000 | 8,188 |
Golden State Tobacco Securitization Corp., Enhanced Tobacco Settlement Asset-backed Bonds, Series 2007-A-1, 5.125% 2047 |
9,750 | 9,752 |
Golden State Tobacco Securitization Corp., Enhanced Tobacco Settlement Asset-backed Bonds, Series 2013-A, 5.00% 2021 |
1,800 | 2,129 |
Golden State Tobacco Securitization Corp., Enhanced Tobacco Settlement Asset-backed Bonds, Series 2013-A, 5.00% 2029 |
1,625 | 1,976 |
Golden State Tobacco Securitization Corp., Enhanced Tobacco Settlement Asset-backed Bonds, Series 2015-A, 5.00% 2033 |
5,000 | 6,164 |
Golden State Tobacco Securitization Corp., Enhanced Tobacco Settlement Asset-backed Bonds, Series 2015-A, 5.00% 2035 |
3,855 | 4,700 |
Golden State Tobacco Securitization Corp., Enhanced Tobacco Settlement Asset-backed Bonds, Series 2015-A, 5.00% 2040 |
5,500 | 6,667 |
Golden State Tobacco Securitization Corp., Tobacco Settlement Asset-backed Rev. Ref. Bonds, Series 2007-A-1, 5.75% 2047 |
16,250 | 16,580 |
Grossmont Union High School Dist., G.O. Bonds (San Diego County), 2004 Election, 0% 2032 | 9,835 | 6,367 |
Successor Agcy. to the Community Redev. Agcy. Of the City of Hawthorne, Tax Allocation Rev. Ref. Bonds, Assured Guaranty Municipal insured, 5.00% 2029 | 675 | 846 |
The Tax-Exempt Bond Fund of America — Page 7 of 98
Bonds, notes & other debt instruments California (continued) |
Principal amount (000) |
Value (000) |
Successor Agcy. to the Community Redev. Agcy. Of the City of Hawthorne, Tax Allocation Rev. Ref. Bonds, Assured Guaranty Municipal insured, 5.00% 2030 | $255 | $318 |
Successor Agcy. to the Community Redev. Agcy. Of the City of Hawthorne, Tax Allocation Rev. Ref. Bonds, Assured Guaranty Municipal insured, 5.00% 2031 | 200 | 249 |
Successor Agcy. to the Community Redev. Agcy. Of the City of Hawthorne, Tax Allocation Rev. Ref. Bonds, Assured Guaranty Municipal insured, 5.00% 2033 | 1,280 | 1,581 |
Successor Agcy. to the Community Redev. Agcy. Of the City of Hawthorne, Tax Allocation Rev. Ref. Bonds, Assured Guaranty Municipal insured, 5.00% 2035 | 575 | 705 |
Successor Agcy. to the Community Redev. Agcy. Of the City of Hawthorne, Tax Allocation Rev. Ref. Bonds, Assured Guaranty Municipal insured, 5.00% 2036 | 1,600 | 1,952 |
Health Facs. Fncg. Auth., Rev. Bonds (Scripps Health), Series 2012-A, 5.00% 2029 | 1,215 | 1,436 |
Health Facs. Fncg. Auth., Insured Rev. Ref. Bonds (Marshall Medical Center), Series 2015, 5.00% 2024 | 255 | 320 |
Health Facs. Fncg. Auth., Insured Rev. Ref. Bonds (Marshall Medical Center), Series 2015, 5.00% 2026 | 350 | 432 |
Health Facs. Fncg. Auth., Insured Ref. Rev. Bonds (Marshall Medical Center), Series 2015, 5.00% 2033 | 750 | 902 |
Health Facs. Fncg. Auth., Insured Rev. Ref. Bonds (NCROC - Paradise Valley Estates Project), Series 2013, 5.00% 2024 | 1,295 | 1,589 |
Health Facs. Fncg. Auth., Rev. Bonds (Episcopal Home), Series 2002-B, 5.10% 2019 (escrowed to maturity) | 385 | 409 |
Health Facs. Fncg. Auth., Rev. Bonds (Sutter Health), Series 2011-D, 5.25% 2031 | 2,000 | 2,396 |
Health Facs. Fncg. Auth., Rev. Ref. Bonds (Catholic Healthcare West), Series 2011-A, 5.25% 2041 | 4,230 | 4,831 |
Health Facs. Fncg. Auth., Rev. Ref. Bonds (City of Hope), Series 2012-A, 5.00% 2032 | 4,250 | 5,122 |
Health Facs. Fncg. Auth., Rev. Ref. Bonds (Presbyterian Homes and Services, Inc.), 5.00% 2034 | 700 | 846 |
Health Facs. Fncg. Auth., Rev. Ref. Bonds (Presbyterian Homes and Services, Inc.), 5.00% 2039 | 400 | 482 |
Health Facs. Fncg. Auth., Rev. Ref. Bonds (Presbyterian Homes and Services, Inc.), 5.00% 2044 | 1,215 | 1,462 |
Health Facs. Fncg. Auth., Rev. Ref. Bonds (Providence Health & Services), Series 2008-C, 6.50% 2038 (preref. 2018) |
980 | 1,105 |
Health Facs. Fncg. Auth., Rev. Ref. Bonds (Providence Health & Services), Series 2008-C, 6.50% 2038 (preref. 2018) |
20 | 23 |
Health Facs. Fncg. Auth., Rev. Ref. Bonds (St. Joseph Health System), Series 2009-D, 5.00% 2034 (put 2016) | 4,000 | 4,040 |
Health Facs. Fncg. Auth., Rev. Ref. Bonds (St. Joseph Health System), Series 2013-A, 5.00% 2033 | 1,300 | 1,563 |
Health Facs. Fncg. Auth., Rev. Ref. Bonds (Sutter Health), Series 2016-B, 5.00% 2036 | 500 | 624 |
Huntington Beach Union High School Dist., Capital Appreciation Bonds, 2004 Election, Assured Guaranty Municipal insured, 0% 2034 | 5,000 | 2,969 |
Independent Cities Lease Fin. Auth., Mobile Home Park Rev. Ref. Bonds (Westlake Mobilehome Park), Series 2007-A, 4.50% 2037 |
1,000 | 1,020 |
Successor Agcy. to the Indian Wells Redev. Agcy., Consolidated Whitewater Redev. Proj. Area, Tax Allocation Rev. Ref. Bonds, Series 2016-A, National insured, 5.00% 2033 | 4,800 | 5,898 |
Infrastructure and Econ. Dev. Bank, Rev. Ref. Bonds (J. Paul Getty Trust), Series 2013-A-2, 0.846% 2047 (put 2019)1 |
3,500 | 3,502 |
Infrastructure and Econ. Dev. Bank, Rev. Ref. Bonds (J. Paul Getty Trust), Series 2011-A-2, 0.69% 2038 (put 2017)1 |
4,000 | 3,996 |
Infrastructure and Econ. Dev. Bank Rev. Bonds (The Colburn School), Series 2015-B, 1.64% 2037 (put 2022)1 | 2,500 | 2,508 |
Successor Agcy. to the Inland Valley Dev. Agcy., Tax Allocation Ref. Bonds, Series 2014-A, 5.00% 2044 |
10,500 | 12,233 |
City of Irvine, Community Facs. Dist. No. 2013-3 (Great Park), Special Tax Bonds, 5.00% 2039 | 1,000 | 1,152 |
City of Irvine, Limited Obligation Improvement Bonds, Reassessment Dist. No. 12-1, 4.00% 2028 | 675 | 747 |
City of Irvine, Limited Obligation Improvement Bonds, Reassessment Dist. No. 12-1, 5.00% 2023 | 1,235 | 1,472 |
City of Irvine, Limited Obligation Improvement Bonds, Reassessment Dist. No. 13-1, 5.00% 2020 | 450 | 522 |
City of Irvine, Limited Obligation Improvement Bonds, Reassessment Dist. No. 13-1, 5.00% 2023 | 1,100 | 1,365 |
City of Irvine, Limited Obligation Improvement Bonds, Reassessment Dist. No. 13-1, 5.00% 2027 | 325 | 390 |
City of Irvine, Limited Obligation Improvement Bonds, Reassessment Dist. No. 13-1, 5.00% 2030 | 700 | 824 |
City of Irvine, Limited Obligation Improvement Bonds, Reassessment Dist. No. 15-2, 5.00% 2032 | 350 | 411 |
City of Irvine, Limited Obligation Improvement Bonds, Reassessment Dist. No. 15-2, 5.00% 2033 | 585 | 684 |
City of Irvine, Limited Obligation Improvement Bonds, Reassessment Dist. No. 15-2, 5.00% 2034 | 615 | 717 |
City of Irvine, Limited Obligation Improvement Bonds, Reassessment Dist. No. 15-2, 5.00% 2035 | 375 | 435 |
City of Irvine, Limited Obligation Improvement Bonds, Reassessment Dist. No. 15-2, 5.00% 2042 | 1,000 | 1,149 |
The Tax-Exempt Bond Fund of America — Page 8 of 98
Bonds, notes & other debt instruments California (continued) |
Principal amount (000) |
Value (000) |
Jurupa Public Fncg. Auth., Special Tax Rev. Bonds, Series 2013-A, 5.25% 2024 | $1,145 | $1,416 |
Jurupa Public Fncg. Auth., Special Tax Rev. Bonds, Series 2014-A, 5.00% 2025 | 1,200 | 1,491 |
Jurupa Public Fncg. Auth., Special Tax Rev. Bonds, Series 2014-A, 5.00% 2026 | 700 | 865 |
Jurupa Public Fncg. Auth., Special Tax Rev. Bonds, Series 2014-A, 5.00% 2032 | 1,260 | 1,519 |
Jurupa Public Fncg. Auth., Special Tax Rev. Bonds, Series 2014-A, 5.00% 2042 | 1,250 | 1,458 |
Successor Agcy. to the La Quinta Redev. Agcy., Tax Allocation Ref. Bonds (La Quinta Redev. Project Areas No. 1 and 2), Series 2013-A, 5.00% 2029 |
1,435 | 1,719 |
Successor Agcy. to the La Quinta Redev. Agcy., Tax Allocation Ref. Bonds (La Quinta Redev. Project Areas No. 1 and 2), Series 2013-A, 5.00% 2030 |
1,500 | 1,791 |
Successor Agcy. to the La Quinta Redev. Agcy., Tax Allocation Ref. Bonds (La Quinta Redev. Project Areas No. 1 and 2), Series 2014-A, 5.00% 2024 |
1,200 | 1,513 |
Successor Agcy. to the La Quinta Redev. Agcy., Tax Allocation Ref. Bonds (La Quinta Redev. Project Areas No. 1 and 2), Series 2014-A, 5.00% 2033 |
1,890 | 2,285 |
Lake Elsinore, Public Fncg. Auth., Local Agcy. Rev. Ref. Bonds, Series 2015, 5.00% 2035 | 4,000 | 4,645 |
Successor Agcy. to the Lancaster Redev. Agcy., Combined Redev. Project Areas (Non-Housing Programs), Tax Allocation Rev. Ref Bonds, Tax Exempt Series 2016-A-1, 5.00% 2029 |
1,000 | 1,248 |
Successor Agcy. to the Lancaster Redev. Agcy., Combined Redev. Project Areas (Non-Housing Programs), Tax Allocation Rev. Ref Bonds, Tax Exempt Series 2016-A-1, 5.00% 2031 |
1,000 | 1,236 |
Lee Lake Public Fncg. Auth., Special Tax Rev. Ref. Bonds, Series 2013-A, 5.00% 2032 | 3,750 | 4,433 |
Lee Lake Public Fncg. Auth., Special Tax Rev. Ref. Bonds, Series 2013-A, 5.125% 2035 | 1,250 | 1,472 |
Lee Lake Public Fncg. Auth., Special Tax Rev. Ref. Bonds, Series 2013-A, 5.25% 2024 | 1,000 | 1,227 |
Lee Lake Public Fncg. Auth., Special Tax Rev. Ref. Bonds, Series 2013-A, 5.25% 2025 | 1,385 | 1,694 |
Lincoln Public Fin. Auth., Special Tax Rev. Bonds, Series 2007-A, AMBAC insured, 4.50% 2034 | 5,000 | 5,090 |
City of Long Beach, Marina Rev. Bonds (Alamitos Bay Marina Project), Series 2015, 5.00% 2040 | 2,235 | 2,593 |
City of Long Beach, Harbor Rev. Bonds, Series 2010-A, 5.00% 2025 | 3,000 | 3,480 |
Long Beach Bond Fin. Auth., Rev. Ref. Bonds (Aquarium of the Pacific Project), Series 2012, 5.00% 2027 | 1,000 | 1,176 |
Long Beach Bond Fin. Auth., Rev. Ref. Bonds (Aquarium of the Pacific Project), Series 2012, 5.00% 2028 | 1,000 | 1,176 |
City of Los Angeles, Community Facs. Dist. No. 4, Special Tax Ref. Bond (Playa Vista - Phase 1), Series 2014, 5.00% 2024 | 750 | 931 |
City of Los Angeles, Community Facs. Dist. No. 4, Special Tax Ref. Bond (Playa Vista - Phase 1), Series 2014, 5.00% 2029 | 1,150 | 1,373 |
City of Los Angeles, Community Facs. Dist. No. 4, Special Tax Ref. Bond (Playa Vista - Phase 1), Series 2014, 5.00% 2030 | 1,000 | 1,188 |
City of Los Angeles, Community Facs. Dist. No. 4, Special Tax Ref. Bond (Playa Vista - Phase 1), Series 2014, 5.00% 2031 | 700 | 829 |
City of Los Angeles Harbor Dept., Rev. Bonds, Series 2009-A, 5.00% 2026 | 6,555 | 7,390 |
City of Los Angeles, Wastewater System Rev. Ref. Bonds, Series 2002-A, FGIC-National insured, 6.00% 2022 (escrowed to maturity) | 5,000 | 6,445 |
Community Redev. Agcy. of the City of Los Angeles, Lease Rev. Bonds (Vermont Manchester Social Services Project), Series 2005, AMBAC insured, 5.00% 2020 | 2,675 | 2,685 |
Community Redev. Agcy. of the City of Los Angeles, Lease Rev. Bonds (Vermont Manchester Social Services Project), Series 2005, AMBAC insured, 5.00% 2022 | 1,500 | 1,506 |
Community Redev. Agcy. of the City of Los Angeles, Lease Rev. Bonds (Vermont Manchester Social Services Project), Series 2005, AMBAC insured, 5.00% 2023 | 1,500 | 1,506 |
County of Los Angeles Redev. Ref. Auth., Tax Allocation Rev. Ref. Bonds (Bunker Hill Project), Series 2014-C, Assured Guaranty Municipal insured, 5.00% 2027 | 1,000 | 1,245 |
County of Los Angeles Redev. Ref. Auth., Tax Allocation Rev. Ref. Bonds (Bunker Hill Project), Series 2014-C, Assured Guaranty Municipal insured, 5.25% 2026 | 1,980 | 2,527 |
County of Los Angeles Redev. Ref. Auth., Tax Allocation Rev. Ref. Bonds (Bunker Hill Project), Series 2014-C, Assured Guaranty Municipal insured, 5.25% 2026 | 1,000 | 1,272 |
County of Los Angeles, Redev. Ref. Auth., Tax Allocation Rev. Ref. Bonds (Various Redev. Project Areas), Series 2013-D, Assured Guaranty Municipal insured, 5.00% 2027 |
1,950 | 2,356 |
Dept. of Airports of the City of Los Angeles, Los Angeles International Airport, Rev. Bonds, Series 2013-B, 5.00% 2038 | 1,500 | 1,802 |
The Tax-Exempt Bond Fund of America — Page 9 of 98
Bonds, notes & other debt instruments California (continued) |
Principal amount (000) |
Value (000) |
Dept. of Airports of the City of Los Angeles, Los Angeles International Airport, Rev. Ref. Bonds, Series 2009-A, 5.25% 2029 | $7,000 | $7,881 |
Dept. of Airports of the City of Los Angeles, Los Angeles International Airport, Rev. Ref. Bonds, Series 2010-A, 5.00% 2035 | 5,000 | 5,725 |
Dept. of Airports, Los Angeles International Airport Rev. Bonds, Series 2015-C, 5.00% 2027 | 1,500 | 1,908 |
Housing Auth. of the City of Los Angeles, Mortgage Rev. Ref. Bonds (Property Acquisition Ref.), Series 2009-A, 6.00% 2029 |
1,000 | 1,096 |
Housing Auth. of the City of Los Angeles, Mortgage Rev. Ref. Bonds (Property Acquisition Ref.), Series 2009-A, 6.375% 2039 |
3,000 | 3,316 |
Los Angeles Community College Dist. (County of Los Angeles), G.O. Bonds, 2008 Election, Series 2010-C, 5.25% 2039 | 2,000 | 2,339 |
Los Angeles Community College Dist. (Los Angeles County), G.O. Bonds, 2008 Election, Series 2016-I, 4.00% 2034 |
4,000 | 4,609 |
Los Angeles Community College Dist. (Los Angeles County), G.O. Bonds, 2008 Election, Series 2016-I, 4.00% 2035 |
3,400 | 3,898 |
Los Angeles Community College Dist. (Los Angeles County), G.O. Bonds, 2008 Election, Series 2016-I, 4.00% 2033 |
2,865 | 3,315 |
Los Angeles Convention and Exhibition Center Auth., Lease Rev. Ref. Bonds, Series 2008-A, 5.00% 2020 (preref. 2018) | 3,000 | 3,273 |
Los Angeles Unified School Dist. (County of Los Angeles), Election of 2004 G.O. Bonds, Series 2009-I, 5.00% 2024 |
2,580 | 2,902 |
Los Rios Community College Dist. (Sacramento County), 2012 G.O. Ref. Bonds, 5.00% 2028 | 3,000 | 3,645 |
M-S-R Energy Auth., Gas Rev. Bonds, Series 2009-B, 6.50% 2039 | 2,000 | 2,982 |
Menifee Union School Dist. Public Fncg. Auth., Special Tax Rev. Bonds, Series 2016-A, BAM insured, 5.00% 2034 |
600 | 722 |
Menifee Union School Dist. Public Fncg. Auth., Special Tax Rev. Bonds, Series 2016-A, BAM insured, 3.00% 2031 |
570 | 591 |
Menifee Union School Dist. Public Fncg. Auth., Special Tax Rev. Bonds, Series 2016-A, BAM insured, 5.00% 2032 |
725 | 879 |
Menifee Union School Dist. Public Fncg. Auth., Special Tax Rev. Bonds, Series 2016-A, BAM insured, 5.00% 2033 |
760 | 918 |
Menifee Union School Dist. Public Fncg. Auth., Special Tax Rev. Bonds, Series 2016-A, BAM insured, 5.00% 2036 |
850 | 1,016 |
Mobilehome Park Fncg. Auth., Mobile Home Park Rev. Ref. Bonds (Union City Tropics), Series 2006-A, 4.50% 2027 |
1,125 | 1,134 |
Mobilehome Park Fncg. Auth., Mobile Home Park Rev. Ref. Bonds (Union City Tropics), Series 2006-A, 4.50% 2036 |
3,260 | 3,278 |
Modesto Irrigation Dist., Electric System Rev. Ref. Bonds, Series 2012-A, Assured Guaranty Municipal insured, 5.00% 2026 | 2,500 | 3,081 |
Successor Agcy. to Morgan Hill Redev. Agcy., Rev. Ref. Bonds, Series 2013-A, 5.00% 2026 | 2,000 | 2,448 |
Morongo Band of Mission Indians, Enterprise Rev. Ref. Bonds, Series 2008-B, 5.50% 2018 | 1,470 | 1,550 |
Morongo Band of Mission Indians, Enterprise Rev. Ref. Bonds, Series 2008-B, 6.50% 2028 | 5,400 | 5,824 |
Municipal Fin. Auth., Rev. Bonds (California Baptist University), Series 2015-A, 5.50% 20452 | 1,600 | 1,776 |
Municipal Fin. Auth., Certs. of Part. (Community Hospitals of Central California Obligated Group), 5.25% 2024 | 3,785 | 4,196 |
Municipal Fin. Auth., Certs. of Part. (Community Hospitals of Central California Obligated Group), 5.25% 2037 | 1,625 | 1,653 |
Municipal Fin. Auth., Certs. of Part. (Community Hospitals of Central California Obligated Group), 5.25% 2037 (preref. 2017) | 1,145 | 1,172 |
Municipal Fin. Auth., Educational Rev. Bonds (American Heritage Education Foundation Project), Series 2016-A, 5.00% 2046 |
745 | 856 |
Municipal Fin. Auth., Jurupa Lease Rev. Ref. Bonds (Wineville Unified School Dist.), Series 2015-A, BAM insured, 5.00% 2042 |
2,500 | 2,946 |
Municipal Fin. Auth., Rev. Bonds (Biola University), Series 2013, 5.00% 2038 | 1,000 | 1,147 |
Municipal Fin. Auth., Rev. Bonds (Biola University), Series 2013, 5.00% 2042 | 1,000 | 1,143 |
Municipal Fin. Auth., Rev. Bonds (Harbor Regional Center Project), 5.00% 2039 | 850 | 1,016 |
Municipal Fin. Auth., Rev. Bonds (Loma Linda University), Series 2007, 5.00% 2037 | 1,000 | 1,026 |
The Tax-Exempt Bond Fund of America — Page 10 of 98
Bonds, notes & other debt instruments California (continued) |
Principal amount (000) |
Value (000) |
Municipal Fin. Auth., Rev. Bonds (University Students’ Cooperative Assn.), Series 2007, 5.00% 2037 | $1,000 | $1,016 |
Municipal Fin. Auth., Rev. Ref. Bonds (Azusa Pacific University Project), Series 2011-B, 8.00% 20412 | 3,400 | 4,490 |
Municipal Fin. Auth., Rev. Ref. Bonds (Biola University), Series 2008-A, 5.00% 2018 | 2,130 | 2,237 |
Municipal Fin. Auth., Rev. Ref. Bonds (Biola University), Series 2008-A, 5.80% 2028 | 500 | 539 |
Municipal Fin. Auth., Rev. Ref. Bonds (University of San Diego), Series 2011-B, 5.00% 2035 | 1,200 | 1,410 |
Municipal Fin. Auth., Rev. Ref. Bonds (University of San Diego), Series 2012-A, 5.00% 2030 | 2,330 | 2,771 |
Murrieta Public Fncg. Auth., Special Tax Rev. Ref. Bonds, Series 2012, 5.00% 2031 | 2,810 | 3,265 |
Murrieta Valley Unified School Dist., Public Fncg. Auth., Special Tax Rev. Bonds, Series 2016-A, 5.00% 2026 |
825 | 1,045 |
Murrieta Valley Unified School Dist., Public Fncg. Auth., Special Tax Rev. Bonds, Series 2016-A, 5.00% 2027 | 1,175 | 1,474 |
Murrieta Valley Unified School Dist., Public Fncg. Auth., Special Tax Rev. Bonds, Series 2016-A, 5.00% 2031 | 1,915 | 2,351 |
Murrieta Valley Unified School Dist., Public Fncg. Auth., Special Tax Rev. Bonds, Series 2016-A, 5.00% 2032 | 1,175 | 1,438 |
Murrieta Valley Unified School Dist., Public Fncg. Auth., Special Tax Rev. Bonds, Series 2016-A, Assured Guaranty Municipal insured, 5.00% 2032 | 1,000 | 1,228 |
Murrieta Valley Unified School Dist., Public Fncg. Auth., Special Tax Rev. Bonds, Series 2016-A, Assured Guaranty Municipal insured, 5.00% 2034 | 2,935 | 3,574 |
City of Norco, Community Facs. Dist. No. 2001-1 (Norco Ridge Ranch), Special Tax Ref. Bonds, Issue of 2006, AMBAC insured, 4.875% 2033 | 3,000 | 3,010 |
Northern California Power Agcy., Hydroelectric Project Number One Rev. Ref. Bonds, Series 2010-A, 5.00% 2023 |
5,000 | 5,548 |
Northern California Power Agcy., Hydroelectric Project Number One Rev. Ref. Bonds, Series 2012-A, 5.00% 2032 |
1,400 | 1,668 |
Northern California Power Agcy., Lodi Energy Center Rev. Bonds, Issue One, Series 2010-A, 5.00% 2025 |
5,000 | 5,674 |
Oakland Redev. Successor Agcy., Tax Allocation Ref. Bonds (Central Dist. Redev. Project), Series 2013, 5.00% 2021 |
4,590 | 5,429 |
City of Orange, Community Facs. Dist. No. 91-2, Special Tax Ref. Bonds (Serrano Heights Public Improvements), Series 2013, 5.00% 2026 | 1,070 | 1,271 |
City of Orange, Community Facs. Dist. No. 91-2, Special Tax Ref. Bonds (Serrano Heights Public Improvements), Series 2013, 5.00% 2027 | 1,300 | 1,537 |
City of Orange, Community Facs. Dist. No. 91-2, Special Tax Ref. Bonds (Serrano Heights Public Improvements), Series 2013, 5.00% 2028 | 750 | 883 |
Orange County, Sanitation Dist., Certs. of Part., Series 2007-B, Assured Guaranty Municipal insured, 5.00% 2037 |
15,000 | 15,342 |
Orange County, Sanitation Dist., Certs. of Part., Series 2009-A, 5.00% 2027 | 2,925 | 3,247 |
Successor Agcy. to Orange Redev. Agcy., Rev. Ref. Bonds (Orange Merged and Amended Redev. Project Area), Series 2014-A, Assured Guaranty Municipal insured, 5.00% 2023 | 850 | 1,050 |
City of Palm Desert, Section 29 Assessment Dist. (No. 2004-02), Limited Obligation Improvement Bonds, Series 2007, 5.10% 2037 | 1,820 | 1,859 |
Successor Agcy. to the Community Redev. Agcy. of the City of Palmdale, Tax Allocation Rev. Ref. Bonds, Series 2016-A, National insured, 5.00% 2030 |
250 | 316 |
Successor Agcy. to the Community Redev. Agcy. of the City of Palmdale, Tax Allocation Rev. Ref. Bonds, Series 2016-B, National insured, 5.00% 2034 |
2,000 | 2,472 |
Palomar Pomerado Health, G.O. Bonds, Election of 2004, Series 2009-A, Assured Guaranty insured, 0% 2028 | 7,000 | 4,915 |
Palomar Pomerado Health, G.O. Bonds, Election of 2004, Series 2009-A, Assured Guaranty insured, 0% 2030 | 16,520 | 10,793 |
Palomar Pomerado Health, G.O. Bonds, Election of 2004, Series 2009-A, Assured Guaranty insured, 0% 2031 | 3,000 | 1,901 |
Perris Union High School Dist., Fncg. Auth., Rev. Bonds, Series 2015, 5.00% 2031 | 650 | 762 |
Perris Union High School Dist., Fncg. Auth., Rev. Bonds, Series 2015, 5.00% 2034 | 1,260 | 1,458 |
Pollution Control Fncg. Auth., Water Furnishing Rev. Bonds (San Diego County Water Auth. Desalination Project Pipeline), Series 2012, 5.00% 20452 | 12,000 | 12,381 |
Poway Unified School Dist., Public Fncg. Auth., Special Tax Rev. Bonds, Series 2013, 4.00% 2021 | 325 | 366 |
Poway Unified School Dist., Public Fncg. Auth., Special Tax Rev. Bonds, Series 2013, 4.00% 2023 | 715 | 825 |
Poway Unified School Dist., Public Fncg. Auth., Special Tax Rev. Ref. Bonds, Series 2011, 5.375% 2030 | 2,305 | 2,410 |
Poway Unified School Dist., Public Fncg. Auth., Special Tax Rev. Ref. Bonds, Series 2015-B, BAM insured, 4.00% 2036 | 750 | 828 |
The Tax-Exempt Bond Fund of America — Page 11 of 98
Bonds, notes & other debt instruments California (continued) |
Principal amount (000) |
Value (000) |
Poway Unified School Dist., Public Fncg. Auth., Special Tax Rev. Ref. Bonds, Series 2015-B, BAM insured, 5.00% 2030 | $750 | $923 |
Poway Unified School Dist., Public Fncg. Auth., Special Tax Rev. Ref. Bonds, Series 2015-B, BAM insured, 5.00% 2032 | 1,555 | 1,898 |
Poway Unified School Dist., Public Fncg. Auth., Special Tax Rev. Ref. Bonds, Series 2016-A, 5.00% 2029 | 1,755 | 2,199 |
Poway Unified School Dist., Public Fncg. Auth., Special Tax Rev. Ref. Bonds, Series 2016-A, 5.00% 2031 | 1,725 | 2,145 |
Public Works Board, Lease Rev. Bonds (Trustees of the California State University), Series 2013-H, 5.00% 2038 (preref. 2023) | 1,500 | 1,906 |
Public Works Board, Lease Rev. Bonds (Trustees of the California State University, J. Paul Leonard & Sutro Library), Series 2009-J, 6.00% 2034 (preref. 2019) | 3,000 | 3,516 |
Public Works Board, Lease Rev. Bonds (Various Capital Projects), Series 2009-I-1, 5.50% 2023 | 10,000 | 11,557 |
Public Works Board, Lease Rev. Bonds (Various Capital Projects), Series 2009-I-1, 6.125% 2029 | 3,000 | 3,520 |
Public Works Board, Lease Rev. Bonds (Various Capital Projects), Series 2009-I-1, 6.625% 2034 | 955 | 959 |
Public Works Board, Lease Rev. Bonds (Various Capital Projects), Series 2012-A, 5.00% 2033 | 2,000 | 2,360 |
Public Works Board, Lease Rev. Bonds (Various Capital Projects), Series 2012-A, 5.00% 2037 | 3,000 | 3,514 |
Public Works Board, Lease Rev. Bonds (Various Capital Projects), Series 2013-I, 5.25% 2032 | 2,500 | 3,115 |
Public Works Board, Lease Rev. Ref. Bonds (Dept. of Corrections, Various State Prisons), Series 1993-A, AMBAC insured, 5.00% 2019 | 3,280 | 3,531 |
City of Rancho Cordova, Sunridge Anatolia Community Facs. Dist. No. 2003-1, Special Tax Bonds, Series 2007, 5.375% 2037 |
2,000 | 2,026 |
City of Rancho Cordova, Sunridge Anatolia Community Facs. Dist. No. 2003-1, Special Tax Bonds, Series 2016, 4.00% 2027 |
425 | 489 |
City of Rancho Cordova, Sunridge Anatolia Community Facs. Dist. No. 2003-1, Special Tax Bonds, Series 2016, 4.00% 2028 |
1,185 | 1,344 |
City of Rancho Cordova, Sunridge Anatolia Community Facs. Dist. No. 2003-1, Special Tax Bonds, Series 2016, 4.00% 2030 |
1,390 | 1,559 |
Successor Agcy. to the Rancho Cucamonga Redev. Agcy., Rancho Redev. Project Area, Tax Allocation Ref. Bonds, Series 2014, Assured Guaranty Municipal insured, 5.00% 2028 | 2,405 | 2,966 |
Successor Agcy. to the Rancho Cucamonga Redev. Agcy., Rancho Redev. Project Area, Tax Allocation Ref. Bonds, Series 2014, Assured Guaranty Municipal insured, 5.00% 2031 | 755 | 919 |
Successor Agcy. to the Rancho Cucamonga Redev. Agcy., Rancho Redev. Project Area, Tax Allocation Ref. Bonds, Series 2014, Assured Guaranty Municipal insured, 5.00% 2026 | 3,300 | 4,117 |
Successor Agcy. to the Rancho Cucamonga Redev. Agcy., Rancho Redev. Project Area, Tax Allocation Ref. Bonds, Series 2014, Assured Guaranty Municipal insured, 5.00% 2032 | 1,300 | 1,578 |
Successor Agcy. to the Rancho Mirage Redev. Agcy., Tax Allocation Housing Ref. Bonds, Series 2013-A, 5.00% 2021 |
1,000 | 1,169 |
Successor Agcy. to the Rancho Mirage Redev. Agcy., Tax Allocation Housing Ref. Bonds, Series 2013-A, 5.00% 2023 |
1,835 | 2,235 |
Successor Agcy. to the Rancho Mirage Redev. Agcy., Tax Allocation Housing Ref. Bonds, Series 2013-A, 5.00% 2024 |
1,930 | 2,354 |
Successor Agcy. to the Rancho Mirage Redev. Agcy., Tax Allocation Housing Ref. Bonds, Series 2013-A, 5.00% 2033 |
2,540 | 2,984 |
Rancho Santa Fe, Community Services Dist., Rev. Bonds, Series 2016-A, 5.00% 2029 | 1,500 | 1,885 |
Rio Elementary School Dist., Community Facs. Dist. #1, Special Tax Bonds, Series 2013, 5.50% 2039 | 1,340 | 1,537 |
Rio Elementary School Dist., Community Facs. Dist. #1, Special Tax Bonds, Series 2014, 5.00% 2028 | 490 | 582 |
Rio Elementary School Dist., Community Facs. Dist. #1, Special Tax Bonds, Series 2014, 5.00% 2029 | 540 | 637 |
Rio Elementary School Dist., Community Facs. Dist. #1, Special Tax Bonds, Series 2014, 5.00% 2035 | 2,375 | 2,739 |
Rio Elementary School Dist., Community Facs. Dist. No. 1, Special Tax Bonds, Series 2016, BAM insured, 5.00% 2033 | 310 | 380 |
Rio Elementary School Dist., Community Facs. Dist. No. 1, Special Tax Bonds, Series 2016, BAM insured, 5.00% 2034 | 1,000 | 1,220 |
Community Facs. of Riverside Unified School Dist., Special Tax Bonds, BAM insured, 5.00% 2027 | 1,480 | 1,832 |
Community Facs. of Riverside Unified School Dist., Special Tax Bonds, BAM insured, 5.00% 2028 | 2,135 | 2,626 |
Community Facs. of Riverside Unified School Dist., Special Tax Bonds, BAM insured, 5.00% 2030 | 2,175 | 2,640 |
Community Facs. of Riverside Unified School Dist., Special Tax Bonds, BAM insured, 5.00% 2031 | 1,040 | 1,257 |
The Tax-Exempt Bond Fund of America — Page 12 of 98
Bonds, notes & other debt instruments California (continued) |
Principal amount (000) |
Value (000) |
Community Facs. of Riverside Unified School Dist., Special Tax Bonds, BAM insured, 5.00% 2032 | $1,115 | $1,343 |
Community Facs. of Riverside Unified School Dist., Special Tax Bonds, BAM insured, 5.00% 2035 | 1,000 | 1,190 |
Riverside County, Public Fncg. Auth., Tax Allocation Rev. Bonds (Project Area No. 1, Desert Communities and Interstate 215 Corridor Projects), Series 2015-A, Assured Guaranty Municipal insured, 5.00% 2026 | 1,235 | 1,568 |
Riverside County, Public Fncg. Auth., Tax Allocation Rev. Bonds (Project Area No. 1, Desert Communities and Interstate 215 Corridor Projects), Series 2015-A, Assured Guaranty Municipal insured, 5.00% 2030 | 2,905 | 3,594 |
Successor Agcy to the Redev. Agcy for the County of Riverside, Tax Allocation Housing Rev. Ref. Bonds, 2014-A, Assured Guaranty Municipal insured, 5.00% 2030 | 600 | 737 |
Successor Agcy to the Redev. Agcy for the County of Riverside, Tax Allocation Housing Rev. Ref. Bonds, 2014-A, Assured Guaranty Municipal insured, 5.00% 2033 | 1,000 | 1,213 |
Successor Agcy to the Redev. Agcy for the County of Riverside, Tax Allocation Housing Rev. Ref. Bonds, 2014-A, Assured Guaranty Municipal insured, 5.00% 2034 | 1,000 | 1,208 |
Successor Agcy. To the Redev. Agcy. for the County of Riverside Jurupa Valley Redev. Project Area, Tax Allocation Rev. Ref. Bonds, Series 2015-B, Assured Guaranty Municipal insured, 4.00% 2037 |
2,500 | 2,762 |
Successor Agcy. To the Redev. Agcy. for the County of Riverside Jurupa Valley Redev. Project Area, Tax Allocation Rev. Ref. Bonds, Series 2015-B, Assured Guaranty Municipal insured, 5.00% 2029 |
2,560 | 3,186 |
Successor Agcy. To the Redev. Agcy. for the County of Riverside Jurupa Valley Redev. Project Area, Tax Allocation Rev. Ref. Bonds, Series 2015-B, Assured Guaranty Municipal insured, 5.00% 2031 |
1,500 | 1,860 |
Successor Agcy. To the Redev. Agcy. for the County of Riverside, Jurupa Valley Redev. Project Area, Tax Allocation Rev. Ref. Bonds, Series 2016-B, BAM insured, 4.00% 2031 |
1,455 | 1,644 |
Successor Agcy. To the Redev. Agcy. for the County of Riverside, Jurupa Valley Redev. Project Area, Tax Allocation Rev. Ref. Bonds, Series 2016-B, BAM insured, 4.00% 2032 |
1,000 | 1,124 |
City of Roseville, Westpark Community Facs. Dist. No. 1, Special Tax Rev. Ref. Bonds, 5.00% 2022 | 500 | 593 |
City of Roseville, Westpark Community Facs. Dist. No. 1, Special Tax Rev. Ref. Bonds, 5.00% 2026 | 500 | 608 |
City of Roseville, Westpark Community Facs. Dist. No. 1, Special Tax Rev. Ref. Bonds, 5.00% 2037 | 500 | 582 |
Roseville Fin. Auth., Special Tax Rev. Ref. Bonds, Series 2016, Assured Guaranty Municipal insured, 4.00% 2024 |
625 | 737 |
Roseville Fin. Auth., Special Tax Rev. Ref. Bonds, Series 2016, Assured Guaranty Municipal insured, 4.00% 2025 |
825 | 976 |
Roseville, Fin. Auth., Special Tax Rev. Ref. Bonds, Series 2016, 4.00% 2023 | 550 | 639 |
City of Sacramento, North Natomas Community Facs. Dist. No. 4, Special Tax Bonds, Series 2013-E, 5.25% 2024 |
1,160 | 1,423 |
City of Sacramento, North Natomas Community Facs. Dist. No. 4, Special Tax Bonds, Series 2013-E, 5.25% 2033 |
1,500 | 1,793 |
City of Sacramento, North Natomas Drainage Community Facs. Dist. No. 97-1, Special Tax Bonds, Series 2015, 5.00% 2035 |
3,000 | 3,539 |
Sacramento City Fncg. Auth., Rev. Ref. Bonds (Master Lease Program Facs.), Series 2006-E, AMBAC insured, 5.25% 2025 | 7,500 | 9,862 |
Sacramento County, Water Fncg. Auth., Rev. Ref. Bonds (Sacramento County, Water Agcy. Zones 40 and 41 2007 Water System Project), Series 2007-B, FGIC-National insured, 1.001% 20341 | 5,000 | 4,662 |
Sacramento Municipal Utility Dist., Electric Rev. Bonds, Series 2013-A, 5.00% 2037 | 3,000 | 3,628 |
Sacramento Municipal Utility Dist., Electric Rev. Bonds, Series 2013-A, 5.00% 2041 | 2,500 | 3,022 |
Sacramento Municipal Utility Dist., Electric Rev. Ref. Bonds, Series 2016-D, 5.00% 2028 | 2,000 | 2,682 |
Sacramento Regional Transit Dist., Farebox Rev. Bonds, Series 2012, 5.00% 2020 | 825 | 934 |
Successor Agcy. to the Sacramento Redev. Agcy., Tax Allocation Rev. Ref. Bonds, Series 2015-A, BAM insured, 5.00% 2032 | 2,500 | 3,048 |
Successor Agcy. to the Sacramento Redev. Agcy., Tax Allocation Rev. Ref. Bonds, Series 2015-A, BAM insured, 5.00% 2033 | 2,500 | 3,038 |
City of San Bernardino, Unified School Dist. G.O. Ref. Bonds, Series 2013-A, Assured Guaranty Municipal insured, 5.00% 2026 | 1,000 | 1,226 |
City of San Bernardino, Unified School Dist. G.O. Ref. Bonds, Series 2013-A, Assured Guaranty Municipal insured, 5.00% 2027 | 1,000 | 1,218 |
County of San Bernardino, Certs. of Part. (Arrowhead Ref. Project), Series 2009-A, 5.125% 2024 | 7,000 | 7,846 |
City of San Buenaventura, Rev. Bonds (Community Memorial Health System), Series 2011, 7.50% 2041 |
19,850 | 24,798 |
The Tax-Exempt Bond Fund of America — Page 13 of 98
Bonds, notes & other debt instruments California (continued) |
Principal amount (000) |
Value (000) |
Public Facs. Fncg. Auth. of the City of San Diego, Sewer Rev. Bonds, Series 2009-A, 5.25% 2034 (preref. 2019) |
$2,000 | $2,258 |
Public Facs. Fncg. Auth. of the City of San Diego, Sewer Rev. Bonds, Series 2009-A, 5.375% 2034 (preref. 2019) |
1,000 | 1,132 |
Public Facs. Fncg. Auth. of the City of San Diego, Water Rev. Bonds, Series 2009-B, 5.00% 2026 (preref. 2019) | 4,015 | 4,537 |
Public Facs. Fncg. Auth. of the City of San Diego, Water Rev. Ref. Bonds, Series 2009-A, 5.00% 2021 (preref. 2018) |
1,000 | 1,089 |
San Diego County, Regional Airport Auth., Airport Rev. Bonds, Series 2010-A, 5.00% 2034 | 1,355 | 1,542 |
San Diego Unified School Dist., G.O. Bonds (Election of 2008), Series 2012-E, 0% 2036 | 2,500 | 1,377 |
Successor Agcy. to the Redev. Agcy. Of the City of San Diego, Tax Allocation Rev. Ref. Bonds, Series 2016-A, 5.00% 2025 | 1,000 | 1,299 |
Successor Agcy. to the Redev. Agcy. Of the City of San Diego, Tax Allocation Rev. Ref. Bonds, Series 2016-A, 5.00% 2026 | 1,000 | 1,285 |
Successor Agcy. to the Redev. Agcy. Of the City of San Diego, Tax Allocation Rev. Ref. Bonds, Series 2016-A, 5.00% 2028 | 1,000 | 1,270 |
Airport Commission, City and County of San Francisco, San Francisco International Airport, Second Series Rev. Bonds, Series 2009-E, 5.25% 2032 | 16,500 | 18,512 |
Airport Commission, City and County of San Francisco, San Francisco International Airport, Second Series Rev. Ref. Bonds, Series 2009-A, 4.90% 2029 | 5,000 | 5,637 |
City and County of San Francisco, Redev. Fin. Auth., Tax Allocation Rev. Bonds (Mission Bay South Redev. Project), Series 2014-A, 5.00% 2031 | 400 | 480 |
City and County of San Francisco, Redev. Fin. Auth., Tax Allocation Rev. Bonds (Mission Bay South Redev. Project), Series 2016-A, 5.00% 2034 | 1,105 | 1,380 |
City and County of San Francisco, Redev. Fin. Auth., Tax Allocation Rev. Bonds (Mission Bay South Redev. Project), Series 2016-B, 5.00% 2029 | 550 | 695 |
City and County of San Francisco, Redev. Fin. Auth., Tax Allocation Rev. Bonds (Mission Bay South Redev. Project), Series 2016-B, 5.00% 2030 | 300 | 376 |
City and County of San Francisco, Redev. Fin. Auth., Tax Allocation Rev. Bonds (Mission Bay South Redev. Project), Series 2016-B, 5.00% 2035 | 400 | 493 |
City and County of San Francisco, Redev. Fin. Auth., Tax Allocation Rev. Bonds (Mission Bay South Redev. Project), Series 2016-B, 5.00% 2036 | 350 | 429 |
City and County of San Francisco, Redev. Fin. Auth., Tax Allocation Rev. Bonds (Mission Bay South Redev. Project), Series 2016-C, 5.00% 2028 | 325 | 413 |
City and County of San Francisco, Redev. Fin. Auth., Tax Allocation Rev. Bonds (Mission Bay South Redev. Project), Series 2016-C, 5.00% 2029 | 500 | 632 |
City and County of San Francisco, Redev. Fin. Auth., Tax Allocation Rev. Bonds (Mission Bay South Redev. Project), Series 2016-C, 5.00% 2030 | 400 | 502 |
City and County of San Francisco, Redev. Fin. Auth., Tax Allocation Rev. Bonds (Mission Bay South Redev. Project), Series 2016-C, 5.00% 2035 | 880 | 1,084 |
City and County of San Francisco, Redev. Fin. Auth., Tax Allocation Rev. Bonds (Mission Bay South Redev. Project), Series 2016-C, 5.00% 2036 | 625 | 766 |
City and County of San Francisco, Ref. Certs. of Part., Series 2010-A, 5.00% 2026 | 3,020 | 3,526 |
Public Utilities Commission of the City and County of San Francisco, San Francisco Water Rev. Bonds, Series 2009-A, 5.00% 2024 (preref. 2019) |
7,500 | 8,557 |
Public Utilities Commission of the City and County of San Francisco, San Francisco Water Rev. Bonds, Series 2009-A, 5.00% 2029 |
5,665 | 6,430 |
City of San Jose, Airport Rev. Ref. Bonds, Series 2011-A-2, 5.25% 2034 | 3,000 | 3,482 |
Redev. Agcy. of the City of San Jose, Housing Set-Aside Tax Allocation Bonds (Merged Area Redev. Project), Series 2010-A-1, 5.00% 2018 | 400 | 432 |
Redev. Agcy. of the City of San Jose, Housing Set-Aside Tax Allocation Bonds (Merged Area Redev. Project), Series 2010-A-1, 5.00% 2024 | 800 | 909 |
Redev. Agcy. of the City of San Jose, Housing Set-Aside Tax Allocation Bonds (Merged Area Redev. Project), Series 2010-A-1, 5.125% 2025 | 840 | 956 |
Redev. Agcy. of the City of San Jose, Housing Set-Aside Tax Allocation Bonds (Merged Area Redev. Project), Series 2010-A-1, 5.50% 2035 | 1,500 | 1,711 |
The Tax-Exempt Bond Fund of America — Page 14 of 98
Bonds, notes & other debt instruments California (continued) |
Principal amount (000) |
Value (000) |
Redev. Agcy. of the City of San Jose, Tax Allocation Ref. Bonds (Merged Area Redev. Project), Series 2006-C, National insured, 3.75% 2028 | $1,000 | $1,026 |
Successor Agcy. to the San Marcos Redev. Agcy., Tax Allocation Rev. Ref. Bonds, Series 2015-A, 5.00% 2029 | 2,000 | 2,508 |
San Mateo County, Joint Powers Fncg. Auth., Lease Rev. Ref. Bonds (Capital Projects), Series 2009-A, 5.25% 2023 |
2,000 | 2,274 |
San Mateo County, Joint Powers Fncg. Auth., Lease Rev. Ref. Bonds (Capital Projects), Series 2009-A, 5.25% 2024 |
1,000 | 1,135 |
City of San Ramon, Successor Agcy. to the Redev. Agcy., San Ramon Community Redev. Project, Tax Allocation Rev. Ref. Bonds, Series 2015-A, BAM insured, 5.00% 2028 | 400 | 493 |
City of San Ramon, Successor Agcy. to the Redev. Agcy., San Ramon Community Redev. Project, Tax Allocation Rev. Ref. Bonds, Series 2015-A, BAM insured, 5.00% 2038 | 2,500 | 2,989 |
Community Redev. Agcy. of the City of Santa Ana, Tax Allocation Bonds, Series 2011-A, 6.00% 2022 | 3,350 | 4,046 |
City of Santa Clara, Electric Rev. Ref. Bonds, Series 2011-A, 6.00% 2031 | 1,250 | 1,531 |
Santa Cruz County, Redev. Successor Agcy., Tax Allocation Rev. Ref. Bonds, Series 2016-A, BAM insured, 5.00% 2031 | 1,200 | 1,493 |
Santa Cruz County, Redev. Successor Agcy., Tax Allocation Rev. Ref. Bonds, Series 2016-A, BAM insured, 5.00% 2032 | 1,100 | 1,365 |
Redev. Agcy. of the City of Santa Monica, 2011 Tax Allocation Bonds (Earthquake Recovery Redev. Project), 5.875% 2042 | 4,250 | 5,120 |
Successor Agcy. to the Redev. Agcy. of the City of Santa Rosa, Tax Allocation Rev. Ref. Bonds, Series 2015-A, BAM insured, 5.00% 2029 | 1,500 | 1,851 |
Successor Agcy. to the Redev. Agcy. of the City of Santa Rosa, Tax Allocation Rev. Ref. Bonds, Series 2015-A, BAM insured, 5.00% 2030 | 1,500 | 1,843 |
School Fin. Auth., Charter School Rev. Bonds (Classical Academies Project), Series 2013-A-1, 7.375% 2043 | 1,500 | 1,836 |
School Fin. Auth., Educational Fac. Rev. Bonds (River Springs Charter School Project), Series 2015-A, 6.375% 20462 |
1,960 | 2,126 |
South Orange County, Public Fncg. Auth., Special Tax Rev. Bonds (Ladera Ranch), Series 2005-A, AMBAC insured, 5.00% 2023 | 4,080 | 4,094 |
Southern California Public Power Auth., Gas Project Rev. Bonds (Project No. 1), Series 2007-A, 5.00% 2029 | 2,000 | 2,533 |
Southern California Public Power Auth., Rev. Bonds (Milford Wind Corridor Phase I Project), Series 2010-1, 5.00% 2030 |
3,165 | 3,581 |
State Public Works Board, Lease Rev. Ref. Bonds (Dept. of General Services), Series 2015-F, 5.00% 2028 | 2,050 | 2,568 |
State Public Works Board, Lease Rev. Ref. Bonds (Dept. of General Services), Series 2015-F, 5.00% 2029 | 1,000 | 1,247 |
Statewide Communities Dev. Auth., Rev. Bonds (Beverly Community Hospital Association), 5.00% 2035 | 1,500 | 1,770 |
Statewide Communities Dev. Auth., Rev. Ref. Bonds (Rady Children’s Hospital), Series 2016-B, 5.00% 2028 | 600 | 804 |
Statewide Communities Dev. Auth., Certs. of Part. (Internext Group), 5.375% 2017 | 75 | 75 |
Statewide Communities Dev. Auth., Insured Health Fac. Rev. Bonds (Catholic Healthcare West), Series 2007-F, Assured Guaranty Municipal insured, 0.59% 20401 | 12,775 | 12,775 |
Statewide Communities Dev. Auth., Insured Senior Living Health Fac. Rev. Bonds (Los Angeles Jewish Home for the Aging - Fountainview at Gonda), Series 2014-A, 5.00% 2034 | 1,000 | 1,194 |
Statewide Communities Dev. Auth., Insured Senior Living Health Fac. Rev. Bonds (Los Angeles Jewish Home for the Aging - Fountainview at Gonda), Series 2014-A, 5.00% 2044 | 1,450 | 1,718 |
Statewide Communities Dev. Auth., Insured Senior Living Health Fac. Rev. Bonds (Los Angeles Jewish Home for the Aging - Fountainview at Gonda), Series 2014-B, 3.00% 2021 | 1,000 | 1,005 |
Statewide Communities Dev. Auth., Insured Senior Living Health Fac. Rev. Bonds (Los Angeles Jewish Home for the Aging - Fountainview at Gonda), Series 2014-C, 2.50% 2020 | 1,000 | 1,004 |
Statewide Communities Dev. Auth., Insured Senior Living Health Fac. Rev. Bonds (Los Angeles Jewish Home for the Aging - Fountainview at Gonda), Series 2014-D, 4.75% 2020 | 650 | 652 |
Statewide Communities Dev. Auth., Rev. Bonds (California Baptist University), Series 2014-A, 6.125% 2033 | 560 | 648 |
Statewide Communities Dev. Auth., Rev. Bonds (Front Porch Communities and Services Project), Series 2007-A, 5.125% 20372 |
9,150 | 9,323 |
Statewide Communities Dev. Auth., Rev. Bonds (Inland Regional Center Project), Series 2007, 5.375% 2037 (preref. 2017) |
1,500 | 1,599 |
Statewide Communities Dev. Auth., Rev. Bonds (John Muir Health), Series 2016-A, 4.00% 2041 | 1,500 | 1,649 |
Statewide Communities Dev. Auth., Rev. Bonds (Kaiser Permanente), Series 2009-A, 5.00% 2019 | 2,000 | 2,233 |
The Tax-Exempt Bond Fund of America — Page 15 of 98
Bonds, notes & other debt instruments California (continued) |
Principal amount (000) |
Value (000) |
Statewide Communities Dev. Auth., Rev. Bonds (Kaiser Permanente), Series 2012-A, 5.00% 2042 |
$6,000 | $7,010 |
Statewide Communities Dev. Auth., Rev. Bonds (Lancer Plaza Project), Series 2013, 5.125% 2023 | 845 | 915 |
Statewide Communities Dev. Auth., Rev. Bonds (Loma Linda University Medical Center), Series 2016-A, 5.00% 20362 |
1,000 | 1,166 |
Statewide Communities Dev. Auth., Rev. Bonds (Loma Linda University Medical Center), Series 2016-A, 5.00% 20412 |
3,000 | 3,464 |
Statewide Communities Dev. Auth., Rev. Bonds (Loma Linda University Medical Center), Series 2016-A, 5.25% 20562 |
2,000 | 2,334 |
Statewide Communities Dev. Auth., Rev. Bonds (Redwoods, a Community of Seniors), Series 2013, 5.375% 2044 |
2,000 | 2,461 |
Statewide Communities Dev. Auth., Rev. Bonds (Sutter Health), Series 2011-A, 6.00% 2042 | 9,000 | 10,823 |
Statewide Communities Dev. Auth., Rev. Ref. Bonds (American Baptist Homes of the West), Series 2010, 5.375% 2020 |
2,000 | 2,281 |
Statewide Communities Dev. Auth., Rev. Ref. Bonds (American Baptist Homes of the West), Series 2010, 6.00% 2029 |
2,625 | 2,992 |
Statewide Communities Dev. Auth., Rev. Ref. Bonds (American Baptist Homes of the West), Series 2010, 6.25% 2039 |
4,200 | 4,835 |
Statewide Communities Dev. Auth., Rev. Ref. Bonds (American Baptist Homes of the West), Series 2013-B-3, 2.10% 2019 |
1,250 | 1,251 |
Statewide Communities Dev. Auth., Rev. Ref. Bonds (Catholic Healthcare West), Series 2008-B, 5.50% 2030 |
1,935 | 2,022 |
Statewide Communities Dev. Auth., Rev. Ref. Bonds (Catholic Healthcare West), Series 2008-D, 5.50% 2031 |
5,860 | 6,123 |
Statewide Communities Dev. Auth., Rev. Ref. Bonds (Cottage Health System Obligated Group), Series 2010, 5.25% 2030 |
4,850 | 5,598 |
Statewide Communities Dev. Auth., Rev. Ref. Bonds (Enloe Medical Center), 5.00% 2038 | 2,850 | 3,495 |
Statewide Communities Dev. Auth., Senior Living Rev. Ref. Bonds (Southern California Presbyterian Homes), Series 2006-A, 4.875% 2036 (preref. 2016)2 | 2,500 | 2,533 |
Statewide Communities Dev. Auth., Senior Living Rev. Ref. Bonds (Southern California Presbyterian Homes), Series 2009, 6.625% 20242 | 1,680 | 1,962 |
Statewide Communities Dev. Auth., Senior Living Rev. Ref. Bonds (Southern California Presbyterian Homes), Series 2009, 7.25% 20412 | 2,750 | 3,217 |
Statewide Communities Dev. Auth., Student Housing Rev. Bonds (CHF-Irvine, LLC-UCI East Campus Apartments, Phase II), Series 2008, 6.00% 2040 (preref. 2018) | 5,500 | 6,037 |
Statewide Communities Dev. Auth., Student Housing Rev. Ref. Bonds (CHF-Irvine, LLC - UCI East Campus Apartments, Phase I), Series 2011, 5.125% 2031 | 5,310 | 6,170 |
Statewide Communities Dev. Auth., Student Housing Rev. Ref. Bonds (University of California, Irvine East Campus Apartments, CHF-Irvine, L.L.C.), Series 2016, 5.00% 2032 | 1,250 | 1,548 |
Stockton Public Fncg. Auth., Rev. Bonds (Redev. Projects), Series 2006-A, RADIAN insured, 5.00% 2019 | 2,515 | 2,524 |
Stockton Unified School Dist., G.O. Bonds, Series 2014-A, Assured Guaranty Municipal insured, 5.00% 2042 | 1,000 | 1,190 |
Successor Agcy. To the Redev. Agcy. Of the City of Suisun City, Tax Allocation Rev. Ref. Bonds (Suisun City Redev. Project), Series 2014-B, BAM insured, 5.00% 2030 | 1,000 | 1,225 |
Successor Agcy. To the Redev. Agcy. Of the City of Suisun City, Tax Allocation Rev. Ref. Bonds (Suisun City Redev. Project), Series 2014-B, BAM insured, 5.00% 2031 | 1,215 | 1,481 |
Successor Agcy. To the Redev. Agcy. Of the City of Suisun City, Tax Allocation Rev. Ref. Bonds (Suisun City Redev. Project), Series 2014-B, BAM insured, 5.00% 2032 | 1,245 | 1,514 |
Successor Agcy. To the Redev. Agcy. Of the City of Suisun City, Tax Allocation Rev. Ref. Bonds (Suisun City Redev. Project), Series 2014-B, BAM insured, 5.00% 2033 | 1,280 | 1,552 |
Temecula Valley Unified School Dist., Fncg. Auth. Rev. Bonds, BAM insured, 5.00% 2029 | 1,005 | 1,230 |
Temecula Valley Unified School Dist., Fncg. Auth. Rev. Bonds, BAM insured, 5.00% 2030 | 630 | 764 |
Temecula Valley Unified School Dist., Fncg. Auth. Rev. Bonds, BAM insured, 5.00% 2031 | 1,295 | 1,563 |
Temecula Valley Unified School Dist., Fncg. Auth. Rev. Bonds, BAM insured, 5.00% 2032 | 2,965 | 3,565 |
Temecula Valley Unified School Dist., Fncg. Auth. Rev. Bonds, BAM insured, 5.00% 2033 | 2,135 | 2,558 |
Temecula Valley Unified School Dist., Fncg. Auth. Rev. Bonds, BAM insured, 5.00% 2035 | 500 | 595 |
The Tax-Exempt Bond Fund of America — Page 16 of 98
Bonds, notes & other debt instruments California (continued) |
Principal amount (000) |
Value (000) |
Temecula Valley Unified School Dist., Fncg. Auth. Rev. Bonds, BAM insured, 5.00% 2040 | $800 | $944 |
City of Thousand Oaks Community Facs. Dist. No. 1994-1, Special Tax Ref. Bonds (Marketplace Public Pedestrian, Traffic Circulation and Parking Facs.), Series 2012, 5.375% 2031 | 1,000 | 1,084 |
Tobacco Securitization Auth. of Southern California, Tobacco Settlement Asset-backed Rev. Ref. Bonds (San Diego County Tobacco Asset Securitization Corp.), Series 2006-A, 5.125% 2046 |
3,440 | 3,440 |
City of Torrance, Rev. Bonds (Torrance Memorial Medical Center), Series 2010-A, 5.00% 2040 | 3,000 | 3,339 |
Successor Agcy. To The Tracy Community Dev. Agcy., Tax Allocation Rev. Ref. Bonds, Series 2016, Assured Guaranty Municipal insured, 3.00% 2032 | 2,655 | 2,758 |
Successor Agcy. To The Tracy Community Dev. Agcy., Tax Allocation Rev. Ref. Bonds, Series 2016, Assured Guaranty Municipal insured, 3.00% 2033 | 1,380 | 1,426 |
Successor Agcy. To The Tracy Community Dev. Agcy., Tax Allocation Rev. Ref. Bonds, Series 2016, Assured Guaranty Municipal insured, 5.00% 2031 | 2,000 | 2,474 |
Tuolumne Wind Project Auth., Rev. Bonds (Tuolumne Co. Project), Series 2009-A, 5.25% 2023 | 3,000 | 3,322 |
Tuolumne Wind Project Auth., Rev. Bonds (Tuolumne Co. Project), Series 2009-A, 5.625% 2029 | 2,120 | 2,363 |
Turlock Irrigation Dist., Rev. Ref. Bonds, Series 2011, 5.50% 2041 | 17,990 | 20,923 |
City of Tustin, Community Facs. Dist. No. 06-1, Special Tax Bonds (Tustin Legacy/Retail Center), Series 2015-A, 5.00% 2035 | 1,215 | 1,441 |
City of Tustin, Community Facs. Dist. No. 06-1, Special Tax Bonds (Tustin Legacy/Retail Center), Series 2015-A, 5.00% 2037 | 1,000 | 1,179 |
City of Tustin, Community Facs. Dist. No. 14-1, Special Tax Bonds (Tustin Legacy/Retail Center), Series 2015-A, 5.00% 2045 | 300 | 345 |
Community Facs. Dist. No. 97-1, Tustin Unified School Dist., Special Tax Bonds, Series 1997-1A, 5.00% 2026 | 1,285 | 1,595 |
Community Facs. Dist. No. 97-1, Tustin Unified School Dist., Special Tax Bonds, Series 1997-1A, 5.00% 2028 | 1,265 | 1,546 |
Community Facs. Dist. No. 97-1, Tustin Unified School Dist., Special Tax Bonds, Series 1997-1A, BAM insured, 5.00% 2033 | 4,000 | 4,794 |
Community Facs. Dist. No. 97-1, Tustin Unified School Dist., Special Tax Bonds, Series 1997-1A, BAM insured, 5.00% 2038 | 2,155 | 2,546 |
Tustin Community Redev. Agcy., Tax Allocation Bonds (MCAS-Tustin Redev. Project Area), Series 2010, 4.50% 2023 |
1,160 | 1,272 |
Tustin Community Redev. Agcy., Tax Allocation Bonds (MCAS-Tustin Redev. Project Area), Series 2010, 5.00% 2032 |
1,000 | 1,103 |
Community Facs. Dist. No. 88-1 of the Tustin Unified School Dist., Special Tax Rev. Ref. Bonds, Series 2015, BAM insured, 5.00% 2022 | 1,000 | 1,219 |
Community Facs. Dist. No. 88-1 of the Tustin Unified School Dist., Special Tax Rev. Ref. Bonds, Series 2015, BAM insured, 5.00% 2023 | 545 | 673 |
Regents of the University of California, Limited Project Rev. Ref. Bonds, Series 2012-G, 5.00% 2037 | 3,000 | 3,573 |
Ventura County, Public Fncg. Auth., Lease Rev. Bonds, Series 2013-A, 5.00% 2029 | 3,000 | 3,618 |
Successor Agcy. to the Tax Allocation Rev. Ref. Redev., Vista Redev. Agcy, Rev. Ref Bonds, Series 2015-B-1, Assured Guaranty Municipal insured, 5.00% 2026 | 1,140 | 1,451 |
Successor Agcy. to the Tax Allocation Rev. Ref. Redev., Vista Redev. Agcy, Rev. Ref Bonds, Series 2015-B-1, Assured Guaranty Municipal insured, 5.00% 2027 | 1,410 | 1,784 |
Washington Township Health Care Dist., Rev. Bonds, Series 2009-A, 5.75% 2024 | 1,020 | 1,138 |
Washington Township Health Care Dist., Rev. Ref. Bonds, Series 2007-A, 5.00% 2022 | 1,435 | 1,485 |
Dept. of Water Resources, Power Supply Rev. Ref. Bonds, Series 2015-O, 5.00% 2021 | 1,500 | 1,795 |
State Dept. Water Resources, Water Rev., Series 2009-AF, 5.00% 2029 | 1,500 | 1,654 |
State Dept. Water Resources, Water Rev., Series 2009-AF, 5.00% 2029 (preref. 2018) | 2,090 | 2,308 |
Successor Agcy. to the Redev. Agcy. of the City of West Sacramento, Tax Allocation Rev. Ref. Bonds (West Sacramento Redev. Project), Series 2016, 4.00% 2032 | 1,400 | 1,577 |
Successor Agcy. to the Redev. Agcy. of the City of West Sacramento, Tax Allocation Rev. Ref. Bonds (West Sacramento Redev. Project), Series 2016, 4.00% 2033 | 1,455 | 1,631 |
Successor Agcy. to the Redev. Agcy. of the City of West Sacramento, Tax Allocation Rev. Ref. Bonds (West Sacramento Redev. Project), Series 2016, 5.00% 2027 | 350 | 448 |
Successor Agcy. to the Redev. Agcy. of the City of West Sacramento, Tax Allocation Rev. Ref. Bonds (West Sacramento Redev. Project), Series 2016, 5.00% 2028 | 550 | 698 |
The Tax-Exempt Bond Fund of America — Page 17 of 98
Bonds, notes & other debt instruments California (continued) |
Principal amount (000) |
Value (000) |
Successor Agcy. to the Redev. Agcy. of the City of West Sacramento, Tax Allocation Rev. Ref. Bonds (West Sacramento Redev. Project), Series 2016, 5.00% 2029 | $1,205 | $1,512 |
Successor Agcy. to the Redev. Agcy. of the City of West Sacramento, Tax Allocation Rev. Ref. Bonds (West Sacramento Redev. Project), Series 2016, 5.00% 2031 | 675 | 841 |
Western Riverside Water and Wastewater Fncg. Auth., Local Agcy. Rev. Ref. Bonds, Series 2016-A, 5.00% 2030 |
1,040 | 1,292 |
Western Riverside Water and Wastewater Fncg. Auth., Local Agcy. Rev. Ref. Bonds, Series 2016-A, 5.00% 2034 |
1,170 | 1,429 |
Western Riverside Water and Wastewater Fncg. Auth., Local Agcy. Rev. Ref. Bonds, Series 2016-A, 5.00% 2044 |
1,110 | 1,335 |
Successor Agcy. to the Westminster Redev. Agcy., Westminster Commericial Redev. Project No. 1, Tax Allocation Rev. Ref. Bonds, Series 2016-B, BAM insured, 4.00% 2032 |
3,425 | 3,890 |
Successor Agcy. to the Westminster Redev. Agcy., Westminster Commericial Redev. Project No. 1, Tax Allocation Rev. Ref. Bonds, Series 2016-B, BAM insured, 4.00% 2033 |
3,560 | 4,026 |
Successor Agcy. to the Westminster Redev. Agcy., Westminster Commericial Redev. Project No. 1, Tax Allocation Rev. Ref. Bonds, Series 2016-B, BAM insured, 5.00% 2029 |
1,000 | 1,269 |
Successor Agcy. to the Westminster Redev. Agcy., Westminster Commericial Redev. Project No. 1, Tax Allocation Rev. Ref. Bonds, Series 2016-B, BAM insured, 5.00% 2030 |
1,570 | 1,986 |
City of Whittier, Health Fac. Rev. Bonds (PIH Health), Series 2014, 5.00% 2044 | 3,000 | 3,520 |
1,476,045 | ||
Colorado 2.20% | ||
City and County of Broomfield, Improvement Rev. Ref. Bonds (Lambertson Farms Metropolitan Distric No. 1), 5.50% 2035 | 1,000 | 1,037 |
City and County of Broomfield, Improvement Rev. Ref. Bonds (Lambertson Farms Metropolitan Distric No. 1), 5.75% 2046 | 1,800 | 1,866 |
City and County of Broomfield, Improvement Rev. Ref. Bonds (Lambertson Farms Metropolitan Distric No. 1), 6.00% 2050 | 1,650 | 1,710 |
Promenade at Castle Rock Metropolitan Dist. No. 1, G. O. Bonds (In the Town of Castle Rock), Series 2015-A, 5.75% 2039 | 1,600 | 1,700 |
Central Platte Valley Metropolitan Dist., City and County of Denver, G.O. Ref. Bonds, Series 2013-A, 5.375% 2033 |
1,750 | 2,067 |
Central Platte Valley Metropolitan Dist., City and County of Denver, G.O. Ref. Bonds, Series 2013-A, 5.625% 2038 |
1,310 | 1,558 |
Compark Business Campus Metropolitan Dist., Douglas County, G.O. Ref. and Improvement Bonds, Series 2007-A, RADIAN insured, 5.25% 2021 |
2,650 | 2,721 |
Compark Business Campus Metropolitan Dist., Douglas County, G.O. Ref. and Improvement Bonds, Series 2007-A, RADIAN insured, 5.60% 2034 |
3,610 | 3,695 |
Copperleaf Metropolitan Dist. No. 2 (Arapahoe County), Limited Tax G.O. Bonds, 5.75% 2045 | 550 | 590 |
Cross Creek Metropolitan Dist. No. 2 (City of Aurora), Limited Tax G.O. Ref. Bonds, Series 2006, 5.00% 20371 | 1,000 | 920 |
City and County of Denver, Airport System Rev. Ref. Bonds, Series 2009-A, 5.00% 2031 | 3,000 | 3,405 |
City and County of Denver, Airport System Rev. Ref. Bonds, Series 2009-A, 5.25% 2036 | 7,000 | 8,009 |
City and County of Denver, Airport System Rev. Ref. Bonds, Series 2012-B, 5.00% 2025 | 3,000 | 3,666 |
Denver Convention Center Hotel Auth., Rev. Ref. Bonds, Series 2006, XLCA insured, 5.00% 2035 | 1,500 | 1,510 |
Denver Convention Center Hotel Auth., Rev. Ref. Bonds, Series 2006, XLCA insured, 5.25% 2019 | 4,155 | 4,200 |
Denver Health and Hospital Auth., Healthcare Rev. Bonds, Series 2014-A, 5.00% 2039 | 6,000 | 6,834 |
Denver Health and Hospital Auth., Healthcare Rev. Ref. Bonds, Series 2007-B, 1.551% 20331 | 9,445 | 8,818 |
Denver Urban Renewal Auth., Stapleton Tax Increment Rev. Bonds, Series 2013-A-1, 5.00% 2024 | 1,045 | 1,256 |
Denver Urban Renewal Auth., Stapleton Tax Increment Rev. Bonds, Series 2013-A-1, 5.00% 2025 | 3,500 | 4,177 |
E-470 Public Highway Auth., Rev. Bonds (Capital Appreciation Bonds), Series 2000-B, National insured, 0% 2019 |
55 | 53 |
E-470 Public Highway Auth., Rev. Bonds (Capital Appreciation Bonds), Series 2006-A, National insured, 5.00% 2016 |
575 | 577 |
E-470 Public Highway Auth., Rev. Bonds, Series 2007-CD-2, National insured, 2.16% 2039 (put 2017)1 | 6,400 | 6,413 |
E-470 Public Highway Auth., Rev. Ref. Bonds, Series 2015-A, 5.00% 2019 | 880 | 990 |
The Tax-Exempt Bond Fund of America — Page 18 of 98
Bonds, notes & other debt instruments Colorado (continued) |
Principal amount (000) |
Value (000) |
Educational and Cultural Facs. Auth., Rev. Bonds (Johnson & Wales University Project), Series 2013-A, 5.25% 2043 |
$2,000 | $2,321 |
Educational and Cultural Facs. Auth., Rev. Ref. Bonds (Johnson & Wales Univ. Project), Series 2013-B, 5.00% 2027 |
1,500 | 1,773 |
Educational and Cultural Facs. Auth., Student Housing Rev. Ref. Bonds (Campus Village Apartments Project), Series 2008, 5.375% 2028 | 2,000 | 2,160 |
Educational and Cultural Facs. Auth., Student Housing Rev. Ref. Bonds (Campus Village Apartments Project), Series 2008, 5.50% 2038 | 3,000 | 3,233 |
Health Facs. Auth., Health Care Facs. Rev. Bonds (American Baptist Homes of the Midwest Obligated Group), Series 2013, 8.00% 2043 | 6,300 | 7,647 |
Health Facs. Auth., Health Facs. Rev. Ref. Bonds (Evangelical Lutheran Good Samaritan Society Project), 5.25% 2017 |
290 | 291 |
Health Facs. Auth., Health Facs. Rev. Ref. Bonds (Evangelical Lutheran Good Samaritan Society Project), 5.25% 2018 |
645 | 647 |
Health Facs. Auth., Health Facs. Rev. Ref. Bonds (Evangelical Lutheran Good Samaritan Society Project), 5.25% 2020 |
315 | 316 |
Health Facs. Auth., Health Facs. Rev. Ref. Bonds (Evangelical Lutheran Good Samaritan Society Project), 5.25% 2023 |
445 | 447 |
Health Facs. Auth., Health Facs. Rev. Ref. Bonds (Evangelical Lutheran Good Samaritan Society Project), 5.25% 2025 (preref.2016) |
1,215 | 1,219 |
Health Facs. Auth., Health Facs. Rev. Ref. Bonds (Evangelical Lutheran Good Samaritan Society Project), 5.25% 2031 |
1,150 | 1,153 |
Health Facs. Auth., Health Facs. Rev. Ref. Bonds (Evangelical Lutheran Good Samaritan Society Project), Series 2005, 5.00% 2035 |
1,500 | 1,504 |
Health Facs. Auth., Health Facs. Rev. Ref. Bonds (Evangelical Lutheran Good Samaritan Society Project), Series 2012, 5.00% 2025 |
1,590 | 1,829 |
Health Facs. Auth., Health Facs. Rev. Ref. Bonds (Evangelical Lutheran Good Samaritan Society Project), Series 2012, 5.00% 2033 |
5,615 | 6,284 |
Health Facs. Auth., Health Facs. Rev. Ref. Bonds (Evangelical Lutheran Good Samaritan Society Project), Series 2012, 5.00% 2042 |
26,165 | 29,133 |
Health Facs. Auth., Health Facs. Rev. Ref. Bonds (Evangelical Lutheran Good Samaritan Society Project), Series 2013, 5.625% 2043 |
1,000 | 1,201 |
Health Facs. Auth., Health Facs. Rev. Ref. Bonds (Evangelical Lutheran Good Samaritan Society Project), Series 2015-A, 5.00% 2023 |
2,000 | 2,375 |
Health Facs. Auth., Health Facs. Rev. Ref. Bonds (Evangelical Lutheran Good Samaritan Society Project), Series 2015-A, 5.00% 2029 |
1,500 | 1,760 |
Health Facs. Auth., Health Facs. Rev. Ref. Bonds (Evangelical Lutheran Good Samaritan Society Project), Series 2015-A, 5.00% 2031 |
1,000 | 1,166 |
Health Facs. Auth., Health Facs. Rev. Ref. Bonds (Evangelical Lutheran Good Samaritan Society Project), Series 2015-A, 5.00% 2032 |
1,000 | 1,155 |
Health Facs. Auth., Health Facs. Rev. Ref. Bonds (Evangelical Lutheran Good Samaritan Society Project), Series 2015-A, 5.00% 2033 |
1,600 | 1,845 |
Health Facs. Auth., Health Facs. Rev. Ref. Bonds (Evangelical Lutheran Good Samaritan Society Project), Series 2015-A, 5.00% 2040 |
2,000 | 2,293 |
Health Facs. Auth., Health Facs. Rev. Ref. Bonds (Evangelical Lutheran Good Samaritan Society Project), Series 2015-A, 5.00% 2045 |
4,250 | 4,872 |
Health Facs. Auth., Hospital Rev. Bonds (Adventist Health System/Sunbelt Obligated Group), Series 2016-A, 4.00% 2041 | 7,980 | 8,788 |
Health Facs. Auth., Hospital Rev. Bonds (Adventist Health System/Sunbelt Obligated Group), Series 2016-A, 5.00% 2041 | 3,130 | 3,809 |
Health Facs. Auth., Hospital Rev. Bonds (Adventist Health System/Sunbelt Obligated Group), Series 2016-C, 5.00% 2036 (put 2023) | 1,300 | 1,605 |
Health Facs. Auth., Hospital Rev. Bonds (Adventist Health System/Sunbelt Obligated Group), Series 2016-C, 5.00% 2036 (put 2026) | 7,000 | 9,005 |
The Tax-Exempt Bond Fund of America — Page 19 of 98
Bonds, notes & other debt instruments Colorado (continued) |
Principal amount (000) |
Value (000) |
Health Facs. Auth., Hospital Rev. Ref. Bonds (Adventist Health System/Sunbelt Obligated Group), Series 2006-E, 5.125% 2017 (preref. 2016) |
$175 | $177 |
Health Facs. Auth., Hospital Rev. Ref. Bonds (Longmont United Hospital Project), Series 2006-B, RADIAN insured, 5.00% 2017 (preref. 2016) | 2,065 | 2,097 |
Health Facs. Auth., Hospital Rev. Ref. Bonds (Longmont United Hospital Project), Series 2006-B, RADIAN insured, 5.00% 2018 (preref. 2016) | 2,000 | 2,031 |
Health Facs. Auth., Hospital Rev. Ref. Bonds (Longmont United Hospital Project), Series 2006-B, RADIAN insured, 5.00% 2019 (preref. 2016) | 2,310 | 2,346 |
Health Facs. Auth., Rev. Bonds (Catholic Health Initiatives), Series 2015-C-4, 1.545% 2039 (put 2020)1 | 5,000 | 4,978 |
Health Facs. Auth., Rev. Bonds (Catholic Health Initiatives), Series 2008-D-1, 6.25% 2033 | 1,000 | 1,112 |
Health Facs. Auth., Rev. Bonds (Catholic Health Initiatives), Series 2009-B-1, 5.00% 2027 | 1,000 | 1,168 |
Health Facs. Auth., Rev. Bonds (Senior Residences Project), Series 2012, 7.00% 20424 | 2,500 | 2,009 |
Health Facs. Auth., Rev. Bonds (Senior Residences Project), Series 2012, 7.125% 20474 | 2,665 | 2,142 |
Health Facs. Auth., Rev. Bonds (Total Longterm Care National Obligated Group Project), Series 2011, 5.00% 2021 (escrowed to maturity) | 655 | 724 |
Health Facs. Auth., Rev. Bonds (Total Longterm Care National Obligated Group Project), Series 2011, 5.75% 2031 (preref. 2021) |
1,235 | 1,532 |
Health Facs. Auth., Rev. Bonds (Total Longterm Care National Obligated Group Project), Series 2011, 6.00% 2040 (preref. 2021) |
1,000 | 1,253 |
Health Facs. Auth., Rev. Ref. Bonds (Covenant Retirement Communities, Inc.), Series 2012-A, 5.00% 2033 | 5,000 | 5,630 |
Health Facs. Auth., Rev. Ref. Bonds (Covenant Retirement Communities, Inc.), Series 2013-A, 5.50% 2028 | 525 | 626 |
Health Facs. Auth., Rev. Ref. Bonds (Covenant Retirement Communities, Inc.), Series 2013-A, 5.75% 2036 | 4,000 | 4,756 |
Health Facs. Auth., Rev. Ref. Bonds (Covenant Retirement Communities, Inc.), Series 2015-A, 5.00% 2028 | 1,000 | 1,185 |
Health Facs. Auth., Rev. Ref. Bonds (Covenant Retirement Communities, Inc.), Series 2015-A, 5.00% 2035 | 3,500 | 4,044 |
Health Facs. Auth., Rev. Ref. Bonds (Sisters of Charity of Leavenworth Health System), Series 2013-A, 5.00% 2044 |
10,000 | 11,728 |
Health Facs. Auth., Rev. Ref. Bonds (Total Longterm Care National Obligated Group Project), Series 2010-A, 6.00% 2030 (preref. 2020) | 350 | 424 |
Health Facs. Auth., Rev. Ref. Bonds (Total Longterm Care National Obligated Group Project), Series 2010-A, 6.25% 2040 (preref. 2020) | 975 | 1,191 |
City of Lakewood, Plaza Metropolitan Dist. No. 1, Rev. Ref. Bonds, Series 2013, 5.00% 20212 | 1,000 | 1,116 |
Maher Ranch Metropolitan Dist. No. 4 (Town of Castle Rock), G.O. Limited Tax Ref. Bonds, Series 2007, RADIAN insured, 5.00% 2022 | 2,560 | 2,648 |
Mountain Shadows Metropolitan Dist., Limited Tax G.O. Rev. Ref. and Improvement Bonds, 5.00% 2046 | 750 | 780 |
North Range Metropolitan Dist. No. 1 (Adams County), Limited Tax G.O. Ref. Bonds, Series 2007, ACA insured, 5.00% 2021 (preref. 2016) | 1,000 | 1,017 |
Park Creek Metropolitan Dist., Limited Property Tax Supported Rev. Ref. Bonds, Series 2015-A, 5.00% 2029 | 2,005 | 2,423 |
Park Creek Metropolitan Dist., Limited Property Tax Supported Rev. Ref. Bonds, Series 2015-A, 5.00% 2030 | 1,500 | 1,808 |
Park Creek Metropolitan Dist., Limited Property Tax Supported Rev. Ref. Bonds, Series 2015-A, 5.00% 2031 | 2,300 | 2,761 |
Park Creek Metropolitan Dist., Limited Property Tax Supported Rev. Ref. Bonds, Series 2015-A, 5.00% 2032 | 1,685 | 2,017 |
Park Creek Metropolitan Dist., Limited Property Tax Supported Rev. Ref. Bonds, Series 2015-A, 5.00% 2045 | 2,750 | 3,219 |
Park Meadows Business Improvement Dist. in the City of Lone Tree, Shared Sales Tax Rev. Bonds, Series 2007, 5.00% 2017 | 540 | 563 |
Prairie Center Metropolitan Dist. No. 3 (City of Brighton, Adams County), Limited Property Tax Supported Primary Improvements Rev. Bonds, Series 2006-A, 5.25% 2021 | 870 | 879 |
Public Auth. for Colorado Energy, Natural Gas Purchase Rev. Bonds, Series 2008, 6.25% 2028 | 4,000 | 5,373 |
Public Auth. for Colorado Energy, Natural Gas Purchase Rev. Bonds, Series 2008, 6.50% 2038 | 4,500 | 6,816 |
Regional Transportation Dist., Certs. of Part., Series 2010-A, 5.375% 2031 | 3,000 | 3,446 |
Regional Transportation Dist., Certs. of Part., Series 2014-A, 5.00% 2044 | 9,500 | 11,056 |
Regional Transportation Dist., Private Activity Bonds (Denver Transit Partners Eagle P3 Project), Series 2010, 6.00% 2034 | 1,600 | 1,860 |
Regional Transportation Dist., Private Activity Bonds (Denver Transit Partners Eagle P3 Project), Series 2010, 6.00% 2041 | 23,765 | 27,579 |
Southlands Metropolitan Dist. No. 1 (City of Aurora), G.O. Ref. and Improvement Bonds, Series 2007, RADIAN insured, 5.00% 2017 |
1,115 | 1,173 |
The Tax-Exempt Bond Fund of America — Page 20 of 98
Bonds, notes & other debt instruments Colorado (continued) |
Principal amount (000) |
Value (000) |
Tallgrass Metropolitan Dist., Arapahoe County, G.O. (Limited Tax Convertible to Unlimited Tax) Ref. and Improvement Bonds, Series 2007, 5.25% 2037 | $1,250 | $1,270 |
Tallyn’s Reach Metropolitan Dist. No. 3 (City of Aurora), Limited Tax G.O. Bonds (Convertible to Unlimited Tax), Series 2007, 5.20% 2036 | 1,500 | 1,506 |
Regents of the University of Colorado, University Enterprise Rev. Bonds, Series 2009-A, 5.375% 2032 (preref. 2019) |
1,500 | 1,699 |
Regents of the University of Colorado, University Enterprise Rev. Bonds, Series 2015-A, 5.00% 2031 | 1,000 | 1,258 |
Vista Ridge Metropolitan Dist. (Weld County), Limited Tax G.O. Improvement and Ref. Bonds, Series 2006-A, RADIAN insured, 5.00% 2026 | 1,500 | 1,508 |
Vista Ridge Metropolitan Dist. (Weld County), Limited Tax G.O. Improvement and Ref. Bonds, Series 2006-A, RADIAN insured, 5.00% 2036 | 2,000 | 2,009 |
304,540 | ||
Connecticut 0.55% | ||
Town of Hamden, Rev. Bonds (Whitney Center Project), Series 2009-A, 7.75% 2043 | 1,000 | 1,058 |
Health and Educational Facs. Auth., Rev Bonds, Healthcare Fac. Expansion Issue (Church Home of Hartford Incorporated Project), Series 2016-A, 5.00% 20532 | 1,575 | 1,733 |
Health and Educational Facs. Auth., Rev Bonds, Healthcare Fac. Expansion Issue (Church Home of Hartford Incorporated Project), Series 2016-B-1, 3.25% 20212 | 1,400 | 1,417 |
Health and Educational Facs. Auth., Rev. Bonds (Fairfield University Issue), Series 2016-Q-1, 5.00% 2046 | 3,500 | 4,244 |
Health and Educational Facs. Auth., Rev. Bonds (Quinnipiac University Issue), Series 2016-M, 5.00% 2025 | 1,450 | 1,814 |
Health and Educational Facs. Auth., Rev. Bonds (Quinnipiac University Issue), Series 2016-M, 5.00% 2029 | 1,540 | 1,919 |
Health and Educational Facs. Auth., Rev. Bonds (Quinnipiac University Issue), Series 2016-M, 5.00% 2030 | 2,265 | 2,819 |
Health and Educational Facs. Auth., Rev. Bonds (Quinnipiac University Issue), Series 2016-M, 5.00% 2031 | 4,030 | 4,990 |
Health and Educational Facs. Auth., Rev. Bonds (Quinnipiac University Issue), Series 2016-M, 5.00% 2034 | 5,395 | 6,595 |
Health and Educational Facs. Auth., Rev. Bonds (Quinnipiac University Issue), Series 2016-M, 5.00% 2035 | 2,895 | 3,522 |
Health and Educational Facs. Auth., Rev. Bonds (Quinnipiac University Issue), Series 2016-M, 5.00% 2036 | 2,990 | 3,623 |
Housing Fin. Auth., Housing Mortgage Fin. Program Bonds, Series 2016-C-2, 3.375% 2051 | 2,600 | 2,605 |
Housing Fin. Auth., Housing Mortgage Fin. Program Rev. Ref. Bonds, 4.00% 2044 | 2,970 | 3,142 |
Housing Fin. Auth., Housing Mortgage Fin. Program Rev. Ref. Bonds, Series 2013-B-2, 4.00% 2032 | 3,990 | 4,320 |
Housing Fin. Auth., Housing Mortgage Fin. Program Rev. Ref. Bonds, Series 2015-A, 3.50% 2044 |
985 | 1,052 |
Housing Fin. Auth., Housing Mortgage Fin. Program Rev. Ref. Bonds, Series 2016-A-1, 4.00% 2045 | 9,700 | 10,618 |
Mohegan Tribe of Indians, Gaming Auth. Priority Distribution Payment, Public Improvement Bonds, Series 2003, 5.125% 2023 |
2,250 | 2,252 |
Mohegan Tribe of Indians, Gaming Auth. Priority Distribution Payment, Public Improvement Rev. Ref. Bonds, 7.00% 20452 | 9,000 | 9,139 |
Mohegan Tribe of Indians, Gaming Auth. Priority Distribution Payment, Public Improvement Rev. Ref. Bonds, Series 2015-A, 6.75% 20452 | 3,060 | 3,176 |
Mohegan Tribe of Indians, Gaming Auth. Priority Distribution Payment, Public Improvement Rev. Ref. Bonds, Series 2015-C, 6.25% 20302 | 5,500 | 5,702 |
75,740 | ||
Delaware 0.24% | ||
Housing Auth., Single Family Mortgage Rev. Ref. Bonds, Series 2009-A-1, 5.45% 2040 | 275 | 286 |
New Castle County, G.O. Bonds, Series 2009-A, 5.00% 2026 (preref. 2018) | 1,715 | 1,863 |
New Castle County, G.O. Bonds, Series 2009-A, 5.00% 2027 (preref. 2018) | 1,395 | 1,516 |
Transportation Auth., Rev. Bonds (U.S. 301 Project), 5.00% 2055 | 25,455 | 30,052 |
33,717 | ||
District of Columbia 0.81% | ||
Ballpark Rev. Bonds, Series 2006-B-1, FGIC-National insured, 5.00% 2017 | 2,370 | 2,375 |
Dist. of Columbia, Rev. Bonds (Brookings Institution Issue), Series 2009, 5.75% 2039 (preref. 2019) | 8,000 | 9,069 |
Dist. of Columbia, Rev. Ref. Bonds (Catholic University of America Issue), Series 2007, National insured, 5.00% 2029 |
760 | 779 |
The Tax-Exempt Bond Fund of America — Page 21 of 98
Bonds, notes & other debt instruments District of Columbia (continued) |
Principal amount (000) |
Value (000) |
Dist. of Columbia, Rev. Ref. Bonds (Catholic University of America Issue), Series 2007, National insured, 5.00% 2029 (preref. 2017) |
$3,240 | $3,338 |
Dulles Toll Road, Rev. Bonds (Dulles Metrorail and Capital Improvement Projects), Convertible Capital Appreciation Bonds, Series 2010-B, 0%/6.50% 20445 | 2,000 | 2,417 |
Dulles Toll Road, Rev. Bonds (Dulles Metrorail and Capital Improvement Projects), Current Interest Bonds, Series 2009-A, 5.00% 2039 |
4,000 | 4,456 |
Dulles Toll Road, Rev. Bonds (Dulles Metrorail and Capital Improvement Projects), Current Interest Bonds, Series 2009-A, 5.25% 2044 |
3,000 | 3,354 |
Dist. of Columbia, Rev. Bonds (Friendship Public Charter School, Inc. Issue), Series 2016-A, 5.00% 2036 | 875 | 1,011 |
Dist. of Columbia, Rev. Bonds (Friendship Public Charter School, Inc. Issue), Series 2016-A, 5.00% 2041 | 400 | 457 |
G.O. Ref. Bonds, Series 2014-C, 5.00% 2038 | 1,800 | 2,187 |
University Rev. Bonds (Georgetown University Issue), Series 2001-C, 5.25% 2034 (put 2023) | 12,000 | 13,084 |
Hospital Rev. Ref. Bonds (Children’s Hospital Obligated Group Issue), 5.00% 2031 | 5,000 | 6,212 |
Hospital Rev. Ref. Bonds (Children’s Hospital Obligated Group Issue), 5.00% 2040 | 3,000 | 3,624 |
Dist. of Columbia, Income Tax Secured Rev. Ref. Bonds, Series 2009-B, 5.25% 2034 | 5,000 | 5,735 |
Metropolitan Area Transit Auth., Gross Rev. Ref. Transit Bonds, Series 2009-A, 5.25% 2025 |
4,000 | 4,482 |
Metropolitan Area Transit Auth., Gross Rev. Ref. Transit Bonds, Series 2009-A, 5.25% 2028 |
3,000 | 3,356 |
Metropolitan Area Transit Auth., Gross Rev. Transit Bonds, Series 2016-A, 4.00% 2019 | 10,000 | 10,629 |
Metropolitan Area Transit Auth., Gross Rev. Transit Bonds, Series 2016-A, 5.00% 2018 | 2,000 | 2,167 |
Metropolitan Washington Airports Auth., Airport System Rev. Bonds, Series 2010-A, 5.00% 2039 | 1,800 | 2,067 |
Metropolitan Washington Airports Auth., Airport System Rev. Ref. Bonds, Series 2006-C, FGIC-National insured, 5.00% 2023 | 1,965 | 1,980 |
Dist. of Columbia, Tax Increment Rev. Bonds (City Market at O Street Project), Series 2011, 5.125% 2041 | 5,700 | 6,555 |
Tobacco Settlement Fncg. Corp., Tobacco Settlement Asset-Backed Bonds, Series 2006-A, 0% 2046 | 92,000 | 12,398 |
Water and Sewer Auth., Public Utility Rev. Bonds, Series 2012-A, 5.00% 2037 | 3,000 | 3,576 |
Water and Sewer Auth., Public Utility Rev. Bonds, Series 2016-A, 5.00% 2037 | 5,000 | 6,155 |
Water and Sewer Auth., Public Utility Rev. Ref. Bonds, Series 2009-A, 6.00% 2035 | 1,000 | 1,116 |
112,579 | ||
Florida 7.38% | ||
Alachua County, Health Facs. Auth., Health Facs. Rev. Ref. Bonds (Shands HealthCare Project), Series 2014-A, 5.00% 2036 | 1,285 | 1,504 |
Alachua County, Health Facs. Auth., Health Facs. Rev. Ref. Bonds (Shands HealthCare Project), Series 2008-D-2, 6.75% 2030 |
9,000 | 10,281 |
Alachua County, Health Facs. Auth., Health Facs. Rev. Ref. Bonds (Shands HealthCare Project), Series 2014-A, 5.00% 2044 |
12,900 | 15,075 |
Alachua County, Industrial Dev. Rev. Ref. Bonds (North Florida Retirement Village, Inc. Project), Series 2007-A, 5.75% 2026 |
2,000 | 2,053 |
City of Atlantic Beach, Health Care Facs. Rev. Bonds (Fleet Landing Project), Series 2013-B, 5.625% 2043 | 3,250 | 3,806 |
Brevard County Educational Facs. Auth., Demand Rev. Bonds (Florida Institute of Technology Project), Series 2014, 5.00% 2032 |
5,000 | 5,985 |
Brevard County Educational Facs. Auth., Demand Rev. Bonds (Florida Institute of Technology Project), Series 2014, 5.00% 2039 |
4,835 | 5,694 |
Central Florida Expressway Auth., Rev. Ref. Bonds, Series 2016-A, 5.00% 2030 | 4,000 | 5,026 |
Dept. of Children and Family Services, Certs. of Part. (Florida Civil Commitment Center Project), Series 2006, National insured, 5.00% 2017 | 1,300 | 1,310 |
Dept. of Children and Family Services, Certs. of Part. (Florida Civil Commitment Center Project), Series 2006, National insured, 5.00% 2019 | 2,900 | 2,923 |
Dept. of Children and Family Services, Certs. of Part. (Florida Civil Commitment Center Project), Series 2006, National insured, 5.00% 2021 | 3,210 | 3,235 |
Dept. of Children and Family Services, Certs. of Part. (Florida Civil Commitment Center Project), Series 2006, National insured, 5.00% 2023 | 3,545 | 3,573 |
The Tax-Exempt Bond Fund of America — Page 22 of 98
Bonds, notes & other debt instruments Florida (continued) |
Principal amount (000) |
Value (000) |
Dept. of Children and Family Services, Certs. of Part. (Florida Civil Commitment Center Project), Series 2006, National insured, 5.00% 2024 | $3,725 | $3,754 |
Dept. of Children and Family Services, Certs. of Part. (Florida Civil Commitment Center Project), Series 2006, National insured, 5.00% 2025 | 3,920 | 3,950 |
Dept. of Children and Family Services, Certs. of Part. (Florida Civil Commitment Center Project), Series 2006, National insured, 5.00% 2026 | 3,120 | 3,144 |
Citizens Property Insurance Corp., Coastal Account Secured Bonds, Series 2011-A-1, 5.00% 2018 | 2,000 | 2,156 |
Citizens Property Insurance Corp., Coastal Account Secured Bonds, Series 2011-A-1, 5.00% 2019 | 12,000 | 13,393 |
Citizens Property Insurance Corp., High-Risk Account Secured Bonds, Series 2009-A-1, 6.00% 2017 | 20,000 | 20,903 |
Citizens Property Insurance Corp., High-Risk Account Secured Bonds, Series 2010-A-1, 5.25% 2017 | 5,500 | 5,715 |
Citizens Property Insurance Corp., Personal Lines Account/Commercial Lines Account Secured Bonds, Series 2012-A-1, 5.00% 2019 |
5,000 | 5,581 |
Citizens Property Insurance Corp., Personal Lines Account/Commercial Lines Account Secured Bonds, Series 2012-A-1, 5.00% 2021 |
10,500 | 12,418 |
Collier County, Health Facs. Auth., Residential Care Fac. Rev. Bonds (Moorings Inc.), Series 2015-A, 5.00% 2045 |
1,350 | 1,592 |
School Board of Collier County, Certs. of Part. (Master Lease Program), Series 2007, Assured Guaranty Municipal insured, 5.00% 2024 (preref. 2017) | 4,080 | 4,180 |
Community Redev. Agcy., Tax Increment Rev. Bonds (Southeast Overtown/Park West), Series 2014-A-1, 5.00% 20302 |
1,250 | 1,428 |
Dev. Fin. Corp., Healthcare Facs. Rev. Bonds (UF Health - Jacksonville Project), Series 2013-A, 6.00% 2033 | 2,970 | 3,464 |
Dept. of Environmental Protection, Forever Rev. Bonds, Series 2007-B, National insured, 5.00% 2018 | 3,920 | 4,119 |
Dept. of Environmental Protection, Forever Rev. Bonds, Series 2007-B, National insured, 5.00% 2020 | 5,780 | 6,069 |
Escambia County, Health Facs. Auth., Health Care Facs. Rev. Bonds (Baptist Hospital, Inc. Project), Series 2010-A, 5.75% 2029 |
14,755 | 17,009 |
Gramercy Farms Community Dev. Dist. (St. Cloud), Special Assessment Bonds, Series 2007-B, 5.10% 2024 (put 2014)4 |
10,125 | — |
Gramercy Farms Community Dev. Dist. (St. Cloud), Special Assessment Ref. Bonds, Series 2011, 0% 2039 | 39,660 | 8,527 |
Greater Orlando Aviation Auth., Airport Facs. Rev. Bonds, Series 2010-A, 5.00% 2024 | 1,000 | 1,148 |
Greater Orlando Aviation Auth., Airport Facs. Rev. Ref. Bonds, Series 2009-C, 5.00% 2022 | 2,350 | 2,647 |
Greater Orlando Aviation Auth., Airport Facs. Rev. Ref. Bonds, Series 2009-C, 5.00% 2023 | 2,465 | 2,774 |
Greater Orlando Aviation Auth., Airport Facs. Rev. Ref. Bonds, Series 2009-C, 5.00% 2024 | 2,110 | 2,371 |
Greater Orlando Aviation Auth., Airport Facs. Rev. Ref. Bonds, Series 2009-C, 5.00% 2025 | 2,715 | 3,048 |
Greater Orlando Aviation Auth., Airport Facs. Rev. Ref. Bonds, Series 2009-C, 5.00% 2026 | 2,855 | 3,201 |
Harbor Bay Community Dev. Dist. (Hillsborough County), Capital Improvement Rev. Bonds, Series 2002, 6.75% 2034 | 2,665 | 2,677 |
Higher Educational Facs. Fin. Auth., Educational Facs. Rev. Ref. Bonds (Nova Southeastern University Project), 5.00% 2022 | 675 | 801 |
Higher Educational Facs. Fin. Auth., Educational Facs. Rev. Ref. Bonds (Nova Southeastern University Project), Series 2012-A, 5.00% 2027 | 2,000 | 2,344 |
Higher Educational Facs. Fin. Auth., Educational Facs. Rev. Ref. Bonds (Nova Southeastern University Project), Series 2012-A, 5.00% 2032 | 1,000 | 1,154 |
Higher Educational Facs. Fin. Auth., Educational Facs. Rev. Ref. Bonds (Nova Southeastern University Project), Series 2016, 5.00% 2030 | 1,150 | 1,416 |
Higher Educational Facs. Fin. Auth., Educational Facs. Rev. Ref. Bonds (Nova Southeastern University Project), Series 2016, 5.00% 2031 | 1,500 | 1,839 |
Higher Educational Facs. Fin. Auth., Educational Facs. Rev. Ref. Bonds (Nova Southeastern University Project), Series 2016, 5.00% 2032 | 1,125 | 1,374 |
Higher Educational Facs. Fin. Auth., Educational Facs. Rev. Ref. Bonds (Nova Southeastern University Project), Series 2016, 5.00% 2033 | 1,300 | 1,583 |
Higher Educational Facs. Fin. Auth., Educational Facs. Rev. Ref. Bonds (Nova Southeastern University Project), Series 2016, 5.00% 2034 | 1,465 | 1,778 |
Highlands County, Health Facs. Auth., Hospital Rev. Ref. Bonds (Adventist Health System/Sunbelt Obligated Group), Series 2006-G, 5.00% 2016 (escrowed to maturity) | 50 | 51 |
The Tax-Exempt Bond Fund of America — Page 23 of 98
Bonds, notes & other debt instruments Florida (continued) |
Principal amount (000) |
Value (000) |
Highlands County, Health Facs. Auth., Hospital Rev. Ref. Bonds (Adventist Health System/Sunbelt Obligated Group), Series 2006-G, 5.125% 2017 (preref. 2016) | $85 | $86 |
Highlands County, Health Facs. Auth., Hospital Rev. Ref. Bonds (Adventist Health System/Sunbelt Obligated Group), Series 2006-G, 5.125% 2019 | 2,165 | 2,195 |
Highlands County, Health Facs. Auth., Hospital Rev. Ref. Bonds (Adventist Health System/Sunbelt Obligated Group), Series 2006-G, 5.125% 2019 (preref. 2016) | 75 | 76 |
Highlands County, Health Facs. Auth., Hospital Rev. Ref. Bonds (Adventist Health System/Sunbelt Obligated Group), Series 2006-G, 5.125% 2022 | 1,930 | 1,956 |
Highlands County, Health Facs. Auth., Hospital Rev. Ref. Bonds (Adventist Health System/Sunbelt Obligated Group), Series 2006-G, 5.125% 2022 (preref. 2016) | 70 | 71 |
Highlands County, Health Facs. Auth., Hospital Rev. Ref. Bonds (Adventist Health System/Sunbelt Obligated Group), Series 2006-G, 5.125% 2023 | 1,780 | 1,804 |
Highlands County, Health Facs. Auth., Hospital Rev. Ref. Bonds (Adventist Health System/Sunbelt Obligated Group), Series 2006-G, 5.125% 2023 (preref. 2016) | 145 | 147 |
Highlands County, Health Facs. Auth., Hospital Rev. Ref. Bonds (Adventist Health System/Sunbelt Obligated Group), Series 2006-G, 5.00% 2016 (escrowed to maturity) | 1,360 | 1,378 |
Hillsborough County, Aviation Auth., Tampa International Airport Customer Fac. Charge Rev. Bonds, Series 2015-A. 5.00% 2044 |
6,350 | 7,579 |
Hillsborough County, Aviation Auth., Tampa International Airport Rev. Ref. Bonds, Series 2015-B, 5.00% 2044 | 5,000 | 5,927 |
Hillsborough County, Industrial Dev. Auth., Hospital Rev. Bonds (H. Lee Moffitt Cancer Center Project), Series 2007-A, 5.25% 2022 |
3,945 | 4,106 |
Hillsborough County, Industrial Dev. Auth., Pollution Control Rev. Ref. Bonds (Tampa Electric Co. Project), Series 2007-A, 5.65% 2018 | 2,000 | 2,166 |
Housing Fin. Corp., Homeowner Mortgage Rev. Bonds, Series 1, 4.00% 2047 | 3,010 | 3,307 |
Housing Fin. Corp., Homeowner Mortgage Rev. Bonds (Special Program), Series 2009-A-1, 5.00% 2028 | 1,140 | 1,218 |
Housing Fin. Corp., Homeowner Mortgage Rev. Bonds (Special Program), Series 2010-A, 5.00% 2028 | 415 | 436 |
Housing Fin. Corp., Homeowner Mortgage Rev. Bonds (Special Program), Series 2011-B, 4.50% 2029 | 435 | 462 |
Housing Fin. Corp., Homeowner Mortgage Rev. Bonds (Special Program), Series 2015-A, 3.50% 2046 | 1,165 | 1,244 |
Housing Fin. Corp., Homeowner Mortgage Rev. Bonds, Series 2011-C, 4.50% 2030 | 590 | 619 |
Housing Fin. Corp., Homeowner Mortgage Rev. Bonds, Series 2016-2, 4.00% 2047 | 8,900 | 9,858 |
City of Jacksonville, Better Jacksonville Sales Tax Rev. Ref. Bonds, Series 2011, 5.00% 2023 | 5,000 | 5,912 |
City of Jacksonville, Better Jacksonville Sales Tax Rev. Ref. Bonds, Series 2012-A, 5.00% 2028 | 5,000 | 5,922 |
City of Jacksonville, Better Jacksonville Sales Tax Rev. Ref. Bonds, Series 2012-A, 5.00% 2030 | 5,000 | 5,943 |
Jacksonville Econ. Dev. Commission, Health Care Facs. Rev. Ref. Bonds (Proton Therapy Institute Project), Series 2007-A, 6.25% 20272 | 3,435 | 3,571 |
Jacksonville Health Facs. Auth., Hospital Rev. Bonds (Baptist Medical Center Project), Series 2007-A, 5.00% 2023 |
2,130 | 2,222 |
Jacksonville Health Facs. Auth., Hospital Rev. Bonds (Baptist Medical Center Project), Series 2007-A, 5.00% 2024 |
1,205 | 1,256 |
JEA, Electric System Rev. Ref. Bonds, Series 2012-A, 4.00% 2033 | 3,000 | 3,330 |
JEA, St. Johns River Power Park System Rev. Bonds, Issue Three, Series 2, 5.00% 2037 | 11,325 | 11,874 |
City of Lakeland, Energy System Rev. Ref. Bonds, 5.00% 2034 | 2,085 | 2,583 |
City of Lakeland, Energy System Rev. Ref. Bonds, 5.00% 2036 | 1,355 | 1,663 |
City of Lakeland, Energy System Rev. Ref. Bonds, Series 2012, 1.19% 20171 | 11,880 | 11,887 |
City of Lakeland, Hospital Rev. Ref. Bonds (Lakeland Regional Health Systems), Series 2006, 5.00% 2020 | 2,030 | 2,057 |
City of Lakeland, Hospital Rev. Ref. Bonds (Lakeland Regional Health Systems), Series 2006, 5.00% 2024 | 2,000 | 2,026 |
City of Lakeland, Retirement Community First Mortgage Rev. Ref. Bonds (Carpenter’s Home Estates, Inc. Project), Series 2008, 5.875% 2019 | 835 | 901 |
Lakewood Ranch Stewardship Dist., Special Assessment Rev. Bonds (Country Club East Project), Series 2006, 5.40% 2037 |
2,555 | 2,560 |
Lakewood Ranch Stewardship Dist., Special Assessment Rev. Bonds (Lake Club Project), Series 2006, 5.50% 2036 |
800 | 801 |
Lakewood Ranch Stewardship Dist., Special Assessment Rev. Bonds (Lake Club Project), 4.875% 2035 | 1,500 | 1,596 |
Lee County, Industrial Dev. Auth., Healthcare Facs. Rev. Ref. Bonds (Shell Point/Alliance Obligated Group, Shell Point Project), Series 2011-B, 6.125% 2026 | 500 | 600 |
The Tax-Exempt Bond Fund of America — Page 24 of 98
Bonds, notes & other debt instruments Florida (continued) |
Principal amount (000) |
Value (000) |
Lee County, Industrial Dev. Auth., Healthcare Facs. Rev. Ref. Bonds (Shell Point/Alliance Obligated Group, Shell Point Village/Alliance Community Project), Series 2007, 5.00% 2016 | $1,000 | $1,011 |
Lee County, Industrial Dev. Auth., Healthcare Facs. Rev. Ref. Bonds (Shell Point/Alliance Obligated Group, Shell Point Village/Alliance Community Project), Series 2007, 5.00% 2017 | 4,680 | 4,816 |
Lee County, Industrial Dev. Auth., Healthcare Facs. Rev. Ref. Bonds (Shell Point/Alliance Obligated Group, Shell Point Village/Alliance Community Project), Series 2007, 5.00% 2022 | 8,150 | 8,410 |
Lee County, Airport Rev. Ref. Bonds, 5.00% 2033 | 3,340 | 4,042 |
Lee County, Industrial Dev. Auth., Healthcare Facs. Rev. Bonds (Shell Point/Alliance Obligated Group, Shell Point Village Project), Series 2006, 5.00% 2032 |
9,050 | 9,148 |
Lee County, Industrial Dev. Auth., Healthcare Facs. Rev. Bonds (Shell Point/Alliance Obligated Group, Shell Point Village Project), Series 2006, 5.125% 2036 |
3,000 | 3,032 |
Lee County, Industrial Dev. Auth., Healthcare Facs. Rev. Ref. Bonds (Shell Point/Alliance Obligated Group, Shell Point Village/Alliance Community Project), Series 2007, 5.00% 2029 | 12,345 | 12,681 |
Lee County, Transportation Facs. Rev. Ref. Bonds, Series 2014, Assured Guaranty Municipal insured, 5.00% 2025 |
2,000 | 2,499 |
Lee County, Transportation Facs. Rev. Ref. Bonds, Series 2014, Assured Guaranty Municipal insured, 5.00% 2026 |
1,250 | 1,555 |
Lee County, Transportation Facs. Rev. Ref. Bonds, Series 2014, Assured Guaranty Municipal insured, 5.00% 2027 |
1,250 | 1,547 |
Lee County, Transportation Facs. Rev. Ref. Bonds, Series 2014, Assured Guaranty Municipal insured, 5.00% 2033 |
1,000 | 1,211 |
Lee County, Transportation Facs. Rev. Ref. Bonds, Series 2014, Assured Guaranty Municipal insured, 5.00% 2034 |
1,000 | 1,207 |
Lee County, Transportation Facs. Rev. Ref. Bonds, Series 2014, Assured Guaranty Municipal insured, 5.00% 2035 |
1,000 | 1,202 |
Dept. of Management Services, Certs. of Part., Series 2009-A, 5.00% 2024 | 3,000 | 3,281 |
Marion County, Hospital Dist., Health System Rev. Ref. and Improvement Bonds (Munroe Regional Health System), Series 2007, 5.00% 2022 (preref. 2017) | 1,460 | 1,537 |
Marshall Creek Community Dev. Dist. (St. Johns County), Special Assessment Bonds, Series 2002, 6.625% 2032 |
2,430 | 2,381 |
Marshall Creek Community Dev. Dist., Special Assessment Bonds, 6.32% 2045 | 155 | 158 |
Martin County, Health Facs. Auth., Hospital Rev. Bonds (Martin Memorial Medical Center), 5.00% 2045 | 11,300 | 13,006 |
Martin County, Health Facs. Auth., Hospital Rev. Bonds (Martin Memorial Medical Center), Series 2012, 5.50% 2042 |
3,250 | 3,718 |
Meadow Pointe II, Community Dev. Dist. (Pasco County), Capital Improvement Rev. Ref. Bonds, Series 2004, 4.60% 2018 | 1,375 | 1,378 |
Meadow Pointe IV, Community Dev. Dist. (Pasco County), Capital Improvement Rev. Bonds, Series 2004-A, 6.00% 20364 | 2,085 | — |
Meadow Pointe IV, Community Dev. Dist. (Pasco County), Capital Improvement Rev. Bonds, Series 2005, 5.25% 2025 (put 2015)4 | 725 | — |
Meadow Pointe IV, Community Dev. Dist. (Pasco County), Capital Improvement Rev. Bonds, Series 2007-A, 6.25% 20384 | 3,005 | — |
Meadow Pointe IV, Community Dev. Dist. (Pasco County), Capital Improvement Rev. Bonds, Series 2007-B, 6.15% 2024 (put 2014)4 | 1,385 | — |
Meadow Pointe IV, Community Dev. Dist. (Pasco County), Capital Improvement Rev. Bonds, Series 2012, 5.25% 2025 (put 2015)4 | 590 | — |
Meadow Pointe IV, Community Dev. Dist. (Pasco County), Capital Improvement Rev. Bonds, Series 2012-A-1, 6.00% 2036 | 1,150 | 1,152 |
Meadow Pointe IV, Community Dev. Dist. (Pasco County), Capital Improvement Rev. Bonds, Series 2012-A-2, 6.25% 2038 | 2,220 | 2,223 |
Meadow Pointe IV, Community Dev. Dist. (Pasco County), Capital Improvement Rev. Bonds, Series 2012-B, 6.81% 2020 | 2,135 | 2,171 |
Meadow Pointe IV, Community Dev. Dist. (Pasco County), Capital Improvement Rev. Bonds, Series 2014-A, 0%/7.25% 20353,5 | 430 | 436 |
The Tax-Exempt Bond Fund of America — Page 25 of 98
Bonds, notes & other debt instruments Florida (continued) |
Principal amount (000) |
Value (000) |
Meadow Pointe IV, Community Dev. Dist. (Pasco County), Capital Improvement Rev. Bonds, Series 2014-B, 0%/7.25% 20225 | $385 | $388 |
Midtown Miami Community Dev. Dist., Special Assessment and Rev. Ref. Bonds (Parking Garage Project), Series 2014-A, 4.25% 2024 | 2,065 | 2,260 |
Midtown Miami Community Dev. Dist., Special Assessment and Rev. Ref. Bonds (Parking Garage Project), Series 2014-A, 5.00% 2029 | 1,000 | 1,093 |
City of Miami Beach, Health Facs. Auth., Hospital Rev. Ref. Bonds (Mount Sinai Medical Center of Florida), Series 2012, 4.00% 2018 | 2,000 | 2,113 |
City of Miami Beach, Health Facs. Auth., Hospital Rev. Ref. Bonds (Mount Sinai Medical Center of Florida), Series 2012, 5.00% 2020 | 1,000 | 1,156 |
City of Miami Beach, Health Facs. Auth., Hospital Rev. Ref. Bonds (Mount Sinai Medical Center of Florida), Series 2014, 5.00% 2039 | 500 | 584 |
City of Miami Beach, Parking Rev. Ref. Bonds, 5.00% 2045 | 2,500 | 2,976 |
City of Miami Beach, Parking Rev. Ref. Bonds, BAM insured, 5.00% 2040 | 1,190 | 1,426 |
Miami Beach Redev. Agcy., Tax Increment Rev. Ref. Bonds (City Center/Historic Convention Village), Series 2015-A, Assured Guaranty Municipal insured, 5.00% 2040 | 18,000 | 21,305 |
Miami Beach Redev. Agcy., Tax Increment Rev. Ref. Bonds (City Center/Historic Convention Village), Series 2015-A, Assured Guaranty Municipal insured, 5.00% 2044 | 2,000 | 2,361 |
Miami Beach Redev. Agcy., Tax Increment Rev. Ref. Bonds (City Center/Historic Convention Village), Series 2015-A, 5.00% 2032 |
1,645 | 1,976 |
Miami Beach Redev. Agcy., Tax Increment Rev. Ref. Bonds (City Center/Historic Convention Village), Series 2015-A, 5.00% 2034 |
1,800 | 2,148 |
Miami-Dade County, Educational Facs. Auth., Rev. Bonds (University of Miami Issue), Series 2012-A, 4.00% 2037 |
1,000 | 1,073 |
Miami-Dade County, Educational Facs. Auth., Rev. Ref. Bonds (University of Miami Issue), Series 2007-B, AMBAC insured, 5.25% 2024 | 5,000 | 6,236 |
Miami-Dade County, Educational Facs. Auth., Rev. Ref. Bonds (University of Miami Issue), Series 2015-A, 5.00% 2035 | 1,300 | 1,563 |
Miami-Dade County, Educational Facs. Auth., Rev. Ref. Bonds (University of Miami Issue), Series 2015-A, 5.00% 2040 | 6,500 | 7,754 |
Miami-Dade County, Educational Facs. Auth., Rev. Ref. Bonds (University of Miami Issue), Series 2015-A, 5.00% 2045 | 10,000 | 11,912 |
Miami-Dade County, Expressway Auth., Toll System Rev. Ref. Bonds, Series 2010-A, 5.00% 2040 | 3,050 | 3,477 |
Miami-Dade County, Expressway Auth., Toll System Rev. Ref. Bonds, Series 2013-A, 5.00% 2022 | 2,500 | 3,023 |
Miami-Dade County, Expressway Auth., Toll System Rev. Ref. Bonds, Series 2013-A, 5.00% 2023 | 2,350 | 2,908 |
Miami-Dade County, Expressway Auth., Toll System Rev. Ref. Bonds, Series 2013-A, 5.00% 2024 | 5,000 | 6,136 |
Miami-Dade County, Expressway Auth., Toll System Rev. Ref. Bonds, Series 2013-A, 5.00% 2025 | 4,140 | 5,049 |
Miami-Dade County, Expressway Auth., Toll System Rev. Ref. Bonds, Series 2013-A, 5.00% 2026 | 4,335 | 5,264 |
Miami-Dade County, Expressway Auth., Toll System Rev. Ref. Bonds, Series 2013-A, 5.00% 2033 | 2,600 | 3,086 |
Miami-Dade County, Expressway Auth., Toll System Rev. Ref. Bonds, Series 2014-A, 5.00% 2039 | 4,800 | 5,676 |
Miami-Dade County, Expressway Auth., Toll System Rev. Ref. Bonds, Series 2014-A, 5.00% 2044 | 4,000 | 4,708 |
Miami-Dade County, Aviation Rev. Bonds, Series 2010-A, 5.00% 2029 | 3,555 | 4,108 |
Miami-Dade County, Aviation Rev. Bonds, Series 2010-A, 5.375% 2035 | 1,000 | 1,156 |
Miami-Dade County, Aviation Rev. Bonds, Series 2010-A, 5.375% 2041 | 4,000 | 4,603 |
Miami-Dade County, Aviation Rev. Bonds, Series 2010-A, 5.50% 2041 | 2,800 | 3,239 |
Miami-Dade County, Aviation Rev. Bonds, Series 2010-B, 5.00% 2041 | 5,000 | 5,624 |
Miami-Dade County, Expressway Auth. Toll System Rev. Ref. Bonds, Series 2014-B, 5.00% 2027 | 3,000 | 3,697 |
Miami-Dade County, Expressway Auth. Toll System Rev. Ref. Bonds, Series 2014-B, 5.00% 2030 | 2,000 | 2,433 |
Miami-Dade County, Expressway Auth. Toll System Rev. Ref. Bonds, Series 2014-B, 5.00% 2031 | 2,560 | 3,101 |
Miami-Dade County, G.O. Bonds (Building Better Communities Program), Series 2008-B-1, 5.75% 2033 (preref. 2018) | 5,000 | 5,496 |
Miami-Dade County, Miami International Airport (Hub of the Americas), Aviation Rev. Ref. Bonds, Series 2009-A, 5.50% 2036 |
8,000 | 9,135 |
Miami-Dade County, Miami International Airport (Hub of the Americas), Aviation Rev. Ref. Bonds, Series 2009-A, 5.75% 2023 |
5,480 | 6,327 |
The Tax-Exempt Bond Fund of America — Page 26 of 98
Bonds, notes & other debt instruments Florida (continued) |
Principal amount (000) |
Value (000) |
Miami-Dade County, Miami International Airport (Hub of the Americas), Aviation Rev. Ref. Bonds, Series 2009-B, 5.75% 2021 |
$2,390 | $2,762 |
Miami-Dade County, Water and Sewer System Rev. Bonds, Series 2010, 5.00% 2028 | 8,000 | 9,209 |
Miami-Dade County, Water and Sewer System Rev. Ref. Bonds, Series 2008-B, Assured Guaranty Municipal insured, 5.25% 2022 | 5,000 | 6,194 |
Miami-Dade County, Water and Sewer System Rev. Ref. Bonds, Series 2008-C, 5.375% 2024 (preref. 2018) | 7,500 | 8,268 |
School Board of Miami-Dade County, Certs. of Part., Series 2006-C, AMBAC insured, 5.00% 2021 | 4,900 | 5,835 |
School Board of Miami-Dade County, Certs. of Part., Series 2007-A, FGIC-National insured, 5.00% 2020 | 5,155 | 5,331 |
Mid-Bay Bridge Auth., Rev. Ref. Bonds, Series 1993-D, 6.10% 2022 (escrowed to maturity) | 105 | 132 |
Mid-Bay Bridge Auth., Rev. Ref. Bonds, Series 2015-A, 5.00% 2035 | 7,000 | 8,288 |
Mid-Bay Bridge Auth., Rev. Ref. Bonds, Series 2015-A, 5.00% 2035 | 1,000 | 1,172 |
Mid-Bay Bridge Auth., Rev. Ref. Bonds, Series 2015-A, 5.00% 2040 | 1,750 | 2,058 |
Mid-Bay Bridge Auth., Rev. Ref. Bonds, Series 2015-C, 5.00% 2040 | 1,900 | 2,213 |
Municipal Power Agcy., All-Requirements Power Supply Project Rev. Bonds, Series 2008-A, 5.00% 2027 | 150 | 163 |
Municipal Power Agcy., All-Requirements Power Supply Project Rev. Bonds, Series 2008-A, 5.00% 2027 (preref. 2018) | 850 | 931 |
Municipal Power Agcy., All-Requirements Power Supply Project Rev. Bonds, Series 2008-A, 5.00% 2028 | 750 | 814 |
Municipal Power Agcy., All-Requirements Power Supply Project Rev. Bonds, Series 2008-A, 5.00% 2028 (preref. 2018) | 4,250 | 4,655 |
Municipal Power Agcy., All-Requirements Power Supply Project Rev. Bonds, Series 2008-A, 5.00% 2031 | 975 | 1,054 |
Municipal Power Agcy., All-Requirements Power Supply Project Rev. Bonds, Series 2008-A, 5.00% 2031 (preref. 2018) | 5,525 | 6,051 |
Municipal Power Agcy., All-Requirements Power Supply Project Rev. Bonds, Series 2008-A, 5.25% 2020 | 410 | 450 |
Municipal Power Agcy., All-Requirements Power Supply Project Rev. Bonds, Series 2008-A, 5.25% 2020 (preref. 2018) | 2,330 | 2,565 |
Municipal Power Agcy., All-Requirements Power Supply Project Rev. Bonds, Series 2009-A, 5.25% 2023 (preref. 2019) | 3,000 | 3,428 |
Municipal Power Agcy., All-Requirements Power Supply Project Rev. Bonds, Series 2009-A, 5.25% 2026 (preref. 2019) | 1,500 | 1,714 |
Municipal Power Agcy., All-Requirements Power Supply Project Rev. Bonds, Series 2009-A, 5.50% 2024 (preref. 2019) | 3,255 | 3,745 |
Municipal Power Agcy., All-Requirements Power Supply Project Rev. Bonds, Series 2015-B, 5.00% 2027 | 675 | 850 |
Municipal Power Agcy., All-Requirements Power Supply Project Rev. Bonds, Series 2015-B, 5.00% 2028 | 1,250 | 1,562 |
Municipal Power Agcy., All-Requirements Power Supply Project Rev. Bonds, Series 2015-B, 5.00% 2031 | 1,715 | 2,112 |
Municipal Power Agcy., All-Requirements Power Supply Project Rev. Bonds, Series 2016-A, 5.00% 2029 | 6,000 | 7,605 |
Municipal Power Agcy., All-Requirements Power Supply Project Rev. Bonds, Series 2016-A, 5.00% 2030 | 5,000 | 6,301 |
Municipal Power Agcy., All-Requirements Power Supply Project Rev. Bonds, Series 2016-A, 5.00% 2031 | 4,000 | 5,016 |
Municipal Power Agcy., Rev. Ref. Bonds (St. Lucie Project), Series 2012-A, 5.00% 2026 | 2,345 | 2,810 |
Orange County, Health Facs. Auth., Health Care Facs. Rev. Ref. Bonds (Presbyterian Retirement Communities Project), 5.00% 2028 | 2,000 | 2,406 |
Orange County, Health Facs. Auth., Health Care Facs. Rev. Ref. Bonds (Presbyterian Retirement Communities Project), 5.00% 2035 | 4,500 | 5,262 |
Orange County, Health Facs. Auth., Health Care Facs. Rev. Ref. Bonds (Presbyterian Retirement Communities Project), 5.00% 2040 | 6,250 | 7,313 |
Orange County, Health Facs. Auth., Health Care Facs. Rev. Ref. Bonds (Presbyterian Retirement Communities Project), 5.00% 2045 | 7,900 | 9,210 |
Orange County, Health Facs. Auth., Hospital Rev. Ref. Bonds (Orlando Health Obligated Group), Series 2016-A, 5.00% 2034 |
5,000 | 6,144 |
Orange County, Health Facs. Auth., Hospital Rev. Ref. Bonds (Orlando Health Obligated Group), Series 2016-A, 5.00% 2036 |
3,000 | 3,665 |
Orange County, Health Facs. Auth., Hospital Rev. Ref. Bonds (Orlando Health Obligated Group), Series 2016-A, 5.00% 2033 |
2,000 | 2,478 |
Orange County, Health Facs. Auth., Rev. Bonds (Presbyterian Retirement Communities Project), Series 2014, 5.00% 2026 | 2,000 | 2,412 |
Orlando Utilities Commission, Utility System Rev. Ref. Bonds, Series 2012-A, 5.00% 2024 | 1,000 | 1,279 |
The Tax-Exempt Bond Fund of America — Page 27 of 98
Bonds, notes & other debt instruments Florida (continued) |
Principal amount (000) |
Value (000) |
Orlando Utilities Commission, Utility System Rev. Ref. Bonds, Series 2013-A, 5.00% 2020 | $2,000 | $2,341 |
Orlando Utilities Commission, Utility System Rev. Ref. Bonds, Series 2013-A, 5.00% 2021 | 3,000 | 3,610 |
Orlando Utilities Commission, Utility System Rev. Ref. Bonds, Series 2016-A, 5.00% 2018 | 2,800 | 3,064 |
Orlando-Orange County, Expressway Auth., Rev. Bonds, Series 2010-A, 5.00% 2029 | 5,505 | 6,261 |
Orlando-Orange County, Expressway Auth., Rev. Bonds, Series 2010-A, 5.00% 2035 | 5,000 | 5,667 |
Orlando-Orange County, Expressway Auth., Rev. Bonds, Series 2010-A, 5.00% 2040 | 3,000 | 3,398 |
Orlando-Orange County, Expressway Auth., Rev. Bonds, Series 2010-C, 5.00% 2040 | 7,500 | 8,495 |
Orlando-Orange County, Expressway Auth., Rev. Ref. Bonds, Series 2012-B, 5.00% 2024 | 2,000 | 2,473 |
Orlando-Orange County, Expressway Auth., Rev. Ref. Bonds, Series 2013-A, 5.00% 2035 | 27,350 | 32,590 |
Palm Beach County, Health Facs. Auth., Retirement Communities Rev. Bonds (ACTS Retirement-Life Communities, Inc. Obligated Group), Series 2010, 5.50% 2033 | 3,500 | 4,183 |
Palm Beach County, Health Facs. Auth., Retirement Communities Rev. Ref. Bonds (ACTS Retirement-Life Communities, Inc. Obligated Group), Series 2006-B, 5.00% 2020 | 9,295 | 9,419 |
Palm Beach County, Health Facs. Auth., Rev. Bonds (Harbour’s Edge Project), Series 2004-B, 2.75% 2034 | 1,200 | 1,200 |
Palm Beach County, Health Facs. Auth., Rev. Bonds (Lifespaces Communities, Inc.), Series 2015-C, 5.00% 2030 | 3,655 | 4,435 |
Palm Beach County, Health Facs. Auth., Rev. Bonds (Lifespaces Communities, Inc.), Series 2015-C, 5.00% 2038 | 2,380 | 2,807 |
Palm Beach County, Health Facs. Auth., Retirement Communities Rev. Bonds (ACTS Retirement-Life Communities, Inc. Obligated Group), Series 2016, 5.00% 2032 | 13,500 | 16,364 |
Solid Waste Auth. of Palm Beach County, Improvement Rev. Bonds, Series 2008-B, 5.50% 2028 (preref. 2018) | 5,000 | 5,533 |
Solid Waste Auth. of Palm Beach County, Improvement Rev. Bonds, Series 2009, 5.25% 2021 | 4,000 | 4,532 |
Paseo Community Dev. Dist., Fort Myers, Capital Improvement Rev. Bonds, Series 2005-B, 4.875% 2020 (put 2010)4 |
1,210 | — |
Paseo Community Dev. Dist., Fort Myers, Capital Improvement Rev. Bonds, Series 2006, 5.00% 2021 (put 2011)4 |
575 | — |
Paseo Community Dev. Dist., Fort Myers, Capital Improvement Rev. Bonds, Series 2011-A-1, 5.40% 2036 | 280 | 281 |
Paseo Community Dev. Dist., Fort Myers, Capital Improvement Rev. Bonds, Series 2011-A-2, 0% 2036 | 2,510 | 1,129 |
Pine Air Lakes Community Dev. Dist. (Collier County), Special Assessment Bonds, Series 2008, 6.75% 2039 | 3,180 | 3,253 |
Ports Fncg. Commission, Rev. Ref. Bonds (State Transportation Trust Fund - Intermodal Program), Series 2011-A, 5.00% 2029 |
1,240 | 1,466 |
Putnam County Dev. Auth., Pollution Control Rev. Ref. Bonds (Seminole Electric Cooperative, Inc. Project), Series 2007-B, AMBAC insured, 5.35% 2042 (put 2018) | 1,000 | 1,074 |
City of St. Cloud, Stevens Plantation Community Dev. Dist., Special Assessment Rev. Bonds, Series 2003-B, 6.375% 2023 (put 2013)4 | 1,565 | 1,096 |
St. Johns County, Industrial Dev. Auth., Health Care Rev. Ref. Bonds (Vicar’s Landing Project), Series 2007, 5.00% 2017 | 520 | 527 |
St. Johns County, Industrial Dev. Auth., Health Care Rev. Ref. Bonds (Vicar’s Landing Project), Series 2007, 5.00% 2027 | 4,130 | 4,199 |
St. Johns County, Industrial Dev. Auth., Rev. Ref. Bonds (Presbyterian Retirement Communities Project), Series 2010-A, 5.75% 2030 |
1,000 | 1,145 |
St. Johns County, Industrial Dev. Auth., Rev. Ref. Bonds (Presbyterian Retirement Communities Project), Series 2010-A, 5.875% 2040 |
5,625 | 6,459 |
St. Johns County, Industrial Dev. Auth., Rev. Ref. Bonds (Presbyterian Retirement Communities Project), Series 2010-A, 6.00% 2045 |
3,500 | 4,041 |
Sarasota County, G.O. Bonds, 5.00% 2020 | 2,410 | 2,640 |
Sarasota County, G.O. Bonds, 5.00% 2020 (preref. 2018) | 285 | 312 |
Sarasota County, G.O. Bonds, 5.00% 2021 | 2,555 | 2,799 |
Sarasota County, G.O. Bonds, 5.00% 2021 (preref. 2018) | 300 | 329 |
Seminole Tribe of Florida, Series A, 5.25% 20272 | 12,000 | 12,492 |
Seminole Tribe of Florida, Series A, 5.50% 20242 | 8,000 | 8,366 |
Seminole Tribe of Florida, Series A, 5.75% 20222 | 2,125 | 2,228 |
South Broward Hospital Dist., Hospital Rev. Ref. Bonds (South Broward Hospital Dist. Obligated Group), Series 2008, 5.00% 2028 (preref. 2018) | 13,000 | 13,995 |
South Broward Hospital Dist., Hospital Rev. Ref. Bonds (South Broward Hospital Dist. Obligated Group), Series 2016, 4.00% 2026 | 4,120 | 4,920 |
The Tax-Exempt Bond Fund of America — Page 28 of 98
Bonds, notes & other debt instruments Florida (continued) |
Principal amount (000) |
Value (000) |
South Broward Hospital Dist., Hospital Rev. Ref. Bonds (South Broward Hospital Dist. Obligated Group), Series 2016, 5.00% 2027 | $6,730 | $8,520 |
South Broward Hospital Dist., Hospital Rev. Ref. Bonds (South Broward Hospital Dist. Obligated Group), Series 2016, 5.00% 2028 | 3,975 | 4,999 |
South Lake County Hospital Dist., Rev. Ref. Bonds (South Lake Hospital, Inc.), Series 2010, 5.25% 2034 | 1,000 | 1,103 |
City of South Miami, Health Facs. Auth., Hospital Rev. Ref. Bonds (Baptist Health South Florida Obligated Group), Series 2007, 5.00% 2022 | 5,000 | 5,227 |
State Board of Education, Lottery Rev. Bonds, Series 2008-A, 5.00% 2022 | 10,425 | 10,959 |
State Board of Education, Lottery Rev. Bonds, Series 2008-B, 5.00% 2023 | 4,000 | 4,370 |
Sumter County, Industrial Dev. Auth., Hospital Rev. Bonds (Central Florida Health Alliance Projects), Series 2014-B, 5.00% 2026 |
2,550 | 3,119 |
Sumter County, Industrial Dev. Auth., Hospital Rev. Bonds (Central Florida Health Alliance Projects), Series 2014-B, 5.00% 2027 |
1,000 | 1,208 |
City of Tallahassee, Energy System Rev. Ref. Bonds, Series 2010, 5.00% 2026 | 2,000 | 2,295 |
City of Tallahassee, Energy System Rev. Ref. Bonds, Series 2010, 5.00% 2027 | 2,000 | 2,290 |
City of Tallahassee, Energy System Rev. Ref. Bonds, Series 2010, 5.00% 2028 | 5,000 | 5,712 |
City of Tallahassee, Health Facs. Rev. Ref. Bonds (Tallahassee Memorial HealthCare, Inc. Project), Series 2016-A, 5.00% 2036 | 2,000 | 2,377 |
City of Tallahassee, Health Facs. Rev. Ref. Bonds (Tallahassee Memorial HealthCare, Inc. Project), Series 2015-A, 5.00% 2040 |
2,650 | 3,087 |
City of Tallahassee, Health Facs. Rev. Ref. Bonds (Tallahassee Memorial HealthCare, Inc. Project), Series 2016-A, 5.00% 2041 |
2,975 | 3,508 |
City of Tallahassee, Health Facs. Rev. Ref. Bonds (Tallahassee Memorial HealthCare, Inc. Project), Series 2016-A, 5.00% 2055 |
1,500 | 1,747 |
City of Tampa, Health System Rev. Bonds (Baycare Health System Issue), Series 2016-A, 4.00% 2046 | 10,000 | 11,021 |
City of Tampa, Health System Rev. Ref. Bonds (Baycare Health System Issue), Series 2010, 5.00% 2023 | 1,000 | 1,147 |
City of Tampa, Rev. Ref. and Capital Improvement Cigarette Tax Allocation Bonds (H. Lee Moffitt Cancer Center Project), Series 2012-A, 4.00% 2033 | 3,000 | 3,246 |
City of Tampa, Rev. Ref. and Capital Improvement Cigarette Tax Allocation Bonds (H. Lee Moffitt Cancer Center Project), Series 2012-A, 5.00% 2029 | 1,430 | 1,694 |
Tampa Rev. Ref. Bonds (University of Tampa Project), 5.00% 2033 | 1,000 | 1,192 |
Tampa Rev. Ref. Bonds (University of Tampa Project), 5.00% 2035 | 2,000 | 2,369 |
Tampa Rev. Ref. Bonds (University of Tampa Project), 5.00% 2040 | 4,555 | 5,303 |
Tampa Rev. Ref. Bonds (University of Tampa Project), 5.00% 2045 | 1,500 | 1,740 |
Tampa-Hillsborough County, Expressway Auth., Rev. Ref. Bonds, Series 2012-A, 5.00% 2027 | 1,000 | 1,196 |
Tampa-Hillsborough County, Expressway Auth., Rev. Ref. Bonds, Series 2012-A, 5.00% 2028 | 1,250 | 1,488 |
Tampa-Hillsborough County, Expressway Auth., Rev. Ref. Bonds, Series 2012-A, 5.00% 2032 | 4,000 | 4,711 |
Tampa-Hillsborough County, Expressway Auth., Rev. Ref. Bonds, Series 2012-B, 5.00% 2042 | 2,180 | 2,532 |
Tolomato Community Dev. Dist. (St. Johns County), Special Assessment Bonds, Series 2006, 5.40% 2037 | 1,105 | 1,106 |
Dept. of Transportation, Turnpike Rev. Ref. Bonds, Series 2008-A, 5.00% 2035 | 5,000 | 5,241 |
Volusia County, Educational Facs. Auth., Educational Facs. Rev. Ref. Bonds (Embry-Riddle Aeronautical University, Inc. Project), Series 2015-B, 5.00% 2029 | 1,000 | 1,201 |
Volusia County, Educational Facs. Auth., Educational Facs. Rev. Ref. Bonds (Embry-Riddle Aeronautical University, Inc. Project), Series 2015-B, 5.00% 2033 | 1,635 | 1,939 |
Volusia County, Educational Facs. Auth., Educational Facs. Rev. Ref. Bonds (Embry-Riddle Aeronautical University, Inc. Project), Series 2015-B, 5.00% 2034 | 1,620 | 1,916 |
Volusia County, Educational Facs. Auth., Educational Facs. Rev. Ref. Bonds (Embry-Riddle Aeronautical University, Inc. Project), Series 2015-B, 5.00% 2045 | 4,000 | 4,662 |
Volusia County, Educational Facs. Auth., Educational Facs. Rev. Bonds (Stetson University, Inc. Project), Series 2015, 5.00% 2045 |
5,000 | 5,890 |
Water Pollution Control Fncg. Corp., Water Pollution Control Rev. Bonds, Series 2008-A, 5.10% 2029 | 5,055 | 5,582 |
Waterset North Community Dev. Dist. (Hillsborough County), Special Assessment Rev. Bonds, Series 2007-A, 6.60% 2039 | 1,140 | 1,144 |
1,019,205 |
The Tax-Exempt Bond Fund of America — Page 29 of 98
Bonds, notes & other debt instruments Georgia 2.83% |
Principal amount (000) |
Value (000) |
Atlanta Dev. Auth., Rev. Bonds (Georgia State University Research Foundation - Science Park, LLC Project), Series 2016, 5.00% 2026 | $500 | $651 |
Atlanta Dev. Auth., Student Housing Facs. Rev. Ref. Bonds (Piedmont/Ellis, LLC University Commons Project), Series 2013, 5.00% 2024 (preref. 2033) | 2,000 | 2,488 |
Atlanta Dev. Auth., Student Housing Facs. Rev. Ref. Bonds (Piedmont/Ellis, LLC University Commons Project), Series 2013, 5.00% 2025 (preref. 2033) | 1,000 | 1,244 |
Atlanta Dev. Auth., Student Housing Facs. Rev. Ref. Bonds (Piedmont/Ellis, LLC University Commons Project), Series 2013, 5.00% 2026 (preref. 2033) | 4,000 | 4,975 |
Atlanta Dev. Auth., Student Housing Facs. Rev. Ref. Bonds (Piedmont/Ellis, LLC University Commons Project), Series 2013, 5.00% 2027 (preref. 2033) | 7,165 | 8,912 |
Atlanta Dev. Auth., Student Housing Facs. Rev. Ref. Bonds (Piedmont/Ellis, LLC University Commons Project), Series 2013, 5.00% 2032 (preref. 2033) | 1,500 | 1,866 |
Atlanta Dev. Auth., Student Housing Rev. Bonds (ADA/CAU Partners, Inc. Project at Clark Atlanta University), Series 2004-A, ACA insured, 6.25% 2024 | 1,265 | 1,265 |
City of Atlanta, Airport General Rev. Bonds, Series 2012-B, 5.00% 2037 | 1,000 | 1,169 |
City of Atlanta, Airport General Rev. Ref. Bonds, Series 2010-C, 5.00% 2025 | 10,000 | 11,543 |
City of Atlanta, Airport Passenger Fac. Charge and General Rev. Bonds, Series 2010-B, 5.00% 2024 | 7,000 | 7,973 |
City of Atlanta, Water and Wastewater Rev. Bonds, Series 2001-A, National insured, 5.50% 2027 | 5,000 | 6,504 |
City of Atlanta, Water and Wastewater Rev. Ref. Bonds, 5.00% 2026 | 1,000 | 1,279 |
City of Atlanta, Water and Wastewater Rev. Ref. Bonds, 5.00% 2032 | 5,000 | 6,190 |
City of Atlanta, Water and Wastewater Rev. Ref. Bonds, 5.00% 2040 | 15,000 | 18,234 |
City of Atlanta, Water and Wastewater Rev. Ref. Bonds, Series 1999-A, FGIC-National insured, 5.50% 2022 | 20,500 | 25,114 |
Dev. Auth. of Burke County, Pollution Control Rev. Bonds (Oglethorpe Power Corp. Vogtle Project), Series 2008-E, 7.00% 2023 |
19,670 | 21,312 |
Dev. Auth. of Burke County, Pollution Control Rev. Ref. Bonds (Oglethorpe Power Corp. Vogtle Project), Series 2008-C, 5.70% 2043 | 8,000 | 8,509 |
Dev. Auth. of Cobb County, Student Recreation and Activities Center Rev. Bonds (KSU SRAC Real Estate Foundation, LLC Project), Series 2013, 5.00% 2035 | 1,000 | 1,167 |
Dev. Auth. of Cobb County, Student Recreation and Activities Center Rev. Bonds (KSU SRAC Real Estate Foundation, LLC Project), Series 2013, 5.00% 2038 | 1,500 | 1,743 |
DeKalb County, Hospital Auth., Rev. Ref. Anticipation Certificates (DeKalb Medical Center, Inc. Project), Series 2010, 6.00% 2030 |
7,950 | 9,248 |
DeKalb County, Hospital Auth., Rev. Ref. Anticipation Certificates (DeKalb Medical Center, Inc. Project), Series 2010, 6.125% 2040 |
10,625 | 12,254 |
DeKalb County, Water and Sewerage Rev. Bonds (Second Resolution), Series 2011-A, 5.25% 2030 | 2,500 | 2,984 |
DeKalb County, Water and Sewerage Rev. Bonds (Second Resolution), Series 2011-A, 5.25% 2031 | 1,500 | 1,788 |
DeKalb County, Water and Sewerage Rev. Bonds (Second Resolution), Series 2011-A, 5.25% 2036 | 2,500 | 2,980 |
Joint Dev. Auth. of DeKalb County, Newton County and Gwinnett County, Rev. Bonds (GGC Foundation, LLC Project), Series 2009, 6.00% 2029 | 5,000 | 5,706 |
Joint Dev. Auth. of DeKalb County, Newton County and Gwinnett County, Rev. Bonds (GGC Foundation, LLC Project), Series 2009, 6.125% 2040 | 5,000 | 5,658 |
Dev. Auth. of Fulton County, Rev. Bonds (TUFF CAUB LLC Project), Series 2007-A, 5.25% 2028 | 4,745 | 4,751 |
Gainesville Redev. Auth., Educational Facs. Rev. Ref. Bonds (Riverside Military Academy Project), Series 2007, 5.00% 2018 | 2,355 | 2,369 |
Gainesville Redev. Auth., Educational Facs. Rev. Ref. Bonds (Riverside Military Academy Project), Series 2007, 5.125% 2027 | 3,000 | 3,009 |
Dev. Auth. of Gwinnett County, Certs. of Part. (Gwinnett County Public Schools Project), Series 2006, National insured, 5.25% 2021 |
5,000 | 5,912 |
Dev. Auth. of Gwinnett County, Certs. of Part. (Gwinnett County Public Schools Project), Series 2006, National insured, 5.25% 2024 |
2,500 | 3,154 |
Dev. Auth. of Gwinnett County, Certs. of Part. (Gwinnett County Public Schools Project), Series 2006, National insured, 5.25% 2025 |
2,500 | 3,194 |
Hospital Auth. of Hall County and City of Gainesville, Rev. Anticipation Certificates (Northeast Georgia Health System, Inc. Project), Series 2010-A, 5.00% 2030 | 12,345 | 13,838 |
The Tax-Exempt Bond Fund of America — Page 30 of 98
Bonds, notes & other debt instruments Georgia (continued) |
Principal amount (000) |
Value (000) |
Hospital Auth. of Hall County and City of Gainesville, Rev. Anticipation Certificates (Northeast Georgia Health System, Inc. Project), Series 2014-B, 1.36% 2035 (put 2020)1 | $11,800 | $11,786 |
Higher Education Facs. Auth., Rev. Bonds (USG Real Estate Foundation II, LLC Project), 5.00% 2030 | 2,250 | 2,744 |
Higher Education Facs. Auth., Rev. Bonds (USG Real Estate Foundation II, LLC Project), 6.00% 2034 (preref. 2018) |
7,910 | 8,703 |
Higher Education Facs. Auth., Rev. Bonds (USG Real Estate Foundation II, LLC Project), 6.00% 2034 (preref. 2018) |
1,590 | 1,749 |
Higher Education Facs. Auth., Rev. Bonds (USG Real Estate Foundation II, LLC Project), Series 2009-A, 5.375% 2029 |
2,500 | 2,782 |
Higher Education Facs. Auth., Rev. Bonds (USG Real Estate Foundation II, LLC Project), Series 2009-A, 5.50% 2039 |
2,135 | 2,378 |
Higher Education Facs. Auth., Rev. Bonds (USG Real Estate Foundation II, LLC Project), Series 2010-A, Assured Guaranty insured, 5.00% 2022 | 1,435 | 1,639 |
Higher Education Facs. Auth., Rev. Bonds (USG Real Estate Foundation II, LLC Project), Series 2010-A, Assured Guaranty insured, 5.00% 2022 (preref. 2020) | 505 | 584 |
Housing and Fin. Auth., Single Family Mortgage Bonds, Series 2013-A, 3.00% 2043 | 565 | 573 |
Housing and Fin. Auth., Single Family Mortgage Bonds, Series 2015-A-1, 3.50% 2045 | 2,220 | 2,376 |
Housing and Fin. Auth., Single Family Mortgage Bonds, Series 2015-B-1, 3.50% 2045 | 4,000 | 4,282 |
Housing and Fin. Auth., Single Family Mortgage Bonds, Series 2016-A-1, 3.50% 2046 | 5,800 | 6,265 |
Main Street Natural Gas, Inc., Gas Project Rev. Bonds, Series 2006-A, 5.00% 2017 | 2,000 | 2,049 |
Main Street Natural Gas, Inc., Gas Project Rev. Bonds, Series 2006-A, 5.00% 2018 | 1,165 | 1,235 |
Main Street Natural Gas, Inc., Gas Project Rev. Bonds, Series 2006-A, 5.00% 2022 | 2,000 | 2,353 |
Main Street Natural Gas, Inc., Gas Project Rev. Bonds, Series 2006-B, 5.00% 2017 | 4,500 | 4,600 |
Main Street Natural Gas, Inc., Gas Project Rev. Bonds, Series 2006-B, 5.00% 2019 | 9,000 | 9,745 |
Main Street Natural Gas, Inc., Gas Project Rev. Bonds, Series 2006-B, 5.00% 2021 | 5,000 | 5,691 |
Medical Center Hospital Auth., Rev. Ref. Bonds (Spring Harbor at Green Island Project), Series 2007, 4.75% 2017 |
995 | 1,019 |
Medical Center Hospital Auth., Rev. Ref. Bonds (Spring Harbor at Green Island Project), Series 2007, 5.25% 2027 |
3,625 | 3,712 |
Medical Center Hospital Auth., Rev. Ref. Bonds (Spring Harbor at Green Island Project), Series 2007, 5.25% 2037 |
3,025 | 3,076 |
Dev. Auth. of the City of Milledgeville and Baldwin County, Student Housing Rev. Ref. Bonds (Georgia College & State University Foundation Property V, LLC Project), Series 2007, AMBAC insured, 1.069% 20331 |
7,000 | 6,151 |
Municipal Electric Auth., Plant Vogtle Units 3 & 4 Project J Bonds, Series 2015-A, 5.00% 2060 | 4,865 | 5,706 |
Municipal Electric Auth., Project 1, Series 2008-D, 5.50% 2026 | 1,560 | 1,702 |
Municipal Electric Auth., Project 1, Series 2008-D, 5.50% 2026 (preref. 2018) | 4,440 | 4,859 |
Municipal Electric Auth., Project 1, Series 2008-D, 5.75% 2019 | 5,980 | 6,573 |
Municipal Electric Auth., Project 1, Series 2008-D, 5.75% 2019 (preref. 2018) | 17,020 | 18,708 |
Municipal Electric Auth., Project 1, Series 2008-D, 6.00% 2023 | 2,890 | 3,185 |
Municipal Electric Auth., Project 1, Series 2008-D, 6.00% 2023 (preref. 2018) | 8,210 | 9,063 |
Municipal Electric Auth., Project One Bonds, Series 2011-A, 5.00% 2021 | 3,250 | 3,812 |
Municipal Electric Auth., Series 2015-A, 5.50% 2060 | 15,500 | 18,873 |
Public Gas Partners, Inc., Gas Project Rev. Ref. Bonds (Gas Supply Pool No. 1), Series A, 5.00% 2016 | 7,000 | 7,056 |
Private Colleges and Universities Auth., Rev. Bonds (The Savannah College of Art and Design Projects), Series 2014, 5.00% 2026 |
4,500 | 5,453 |
Private Colleges and Universities Auth., Rev. Bonds (The Savannah College of Art and Design Projects), Series 2014, 5.00% 2029 |
1,250 | 1,488 |
Private Colleges and Universities Auth., Rev. Bonds (The Savannah College of Art and Design Projects), Series 2014, 5.00% 2033 |
1,000 | 1,174 |
Private Colleges and Universities Auth., Rev. Bonds (The Savannah College of Art and Design Projects), Series 2014, 5.00% 2044 |
7,350 | 8,498 |
390,625 |
The Tax-Exempt Bond Fund of America — Page 31 of 98
Bonds, notes & other debt instruments Guam 0.31% |
Principal amount (000) |
Value (000) |
Education Fncg. Foundation, Certs. of Part. (Public School Facs. Project), Series 2006-A, 5.00% 2023 | $2,000 | $2,016 |
Government of Guam, Business Privilege Tax Bonds, Series 2011-A, 5.00% 2023 | 2,000 | 2,275 |
Government of Guam, Business Privilege Tax Bonds, Series 2011-A, 5.00% 2031 | 3,300 | 3,604 |
Government of Guam, Hotel Occupancy Tax Rev. Ref. Bonds, Series 2011-A, 6.125% 2031 | 2,000 | 2,434 |
Government of Guam, Hotel Occupancy Tax Rev. Ref. Bonds, Series 2011-A, 6.50% 2040 | 3,000 | 3,702 |
Government of Guam, Business Privilege Tax Bonds, Series 2015-D, 5.00% 2030 | 5,000 | 5,706 |
Government of Guam, Business Privilege Tax Bonds, Series 2015-D, 5.00% 2031 | 1,000 | 1,134 |
Government of Guam, Business Privilege Tax Bonds, Series 2015-D, 5.00% 2039 | 1,000 | 1,119 |
Power Auth., Rev. Ref. Bonds, Series 2010-A, 5.50% 2030 | 5 | 6 |
Power Auth., Rev. Ref. Bonds, Series 2012-A, Assured Guaranty Municipal insured, 5.00% 2030 | 1,000 | 1,192 |
Power Auth., Rev. Ref. Bonds, Series 2014-A, Assured Guaranty Municipal insured, 5.00% 2039 | 500 | 594 |
Power Auth., Rev. Ref. Bonds, Series 2014-A, Assured Guaranty Municipal insured, 5.00% 2044 | 750 | 886 |
Waterworks Auth., Water and Wastewater System Rev. Bonds, Series 2010, 5.625% 2040 | 4,810 | 5,323 |
Waterworks Auth., Water and Wastewater System Rev. Bonds, Series 2013, 5.50% 2043 | 10,850 | 12,689 |
42,680 | ||
Hawaii 0.20% | ||
City and County of Honolulu, Wastewater System Rev. Bonds (First Bond Resolution), Series 2015-B, 5.00% 2026 |
1,000 | 1,284 |
Pacific Health Obligated Group, Special Purpose Rev. Bonds (Dept. of Budget and Fin.), Series 2010-B, 5.625% 2030 |
1,000 | 1,151 |
Pacific Health Obligated Group, Special Purpose Rev. Bonds (Dept. of Budget and Fin.), Series 2013-A, 5.50% 2043 |
17,000 | 20,577 |
Board of Regents of the University of Hawaii, University Rev. Bonds, Series 2009-A, 5.25% 2034 | 1,575 | 1,777 |
Board of Regents of the University of Hawaii, University Rev. Bonds, Series 2009-A, 6.00% 2038 | 2,645 | 3,060 |
27,849 | ||
Idaho 0.09% | ||
Housing and Fin. Assn., Grant and Rev. Anticipation Bonds (Federal Highway Trust Fund), Series 2009-A, 5.00% 2027 |
2,260 | 2,493 |
Housing and Fin. Assn., Grant and Rev. Anticipation Bonds (Federal Highway Trust Fund), Series 2009-A, 5.25% 2025 |
3,260 | 3,640 |
Housing and Fin. Auth., Rev Bonds (Terraces of Boise Project), Series 2014-A, 8.00% 2044 | 5,000 | 5,671 |
11,804 | ||
Illinois 10.03% | ||
Village of Bartlett, Cook, DuPage and Kane Counties, Tax Increment Rev. Ref. Bonds (Bartlett Quarry Redev. Project), Series 2007, 5.35% 2017 | 580 | 585 |
Village of Bolingbrook, Will and DuPage Counties, Special Service Area No. 2005-1, Special Tax Bonds (Forest City Project), Series 2005, 5.90% 2027 | 2,000 | 2,010 |
Build Bonds (Sales Tax Rev. Bonds), Series 2009-A, 5.00% 2027 | 6,450 | 7,137 |
Build Bonds (Sales Tax Rev. Bonds), Series 2009-B, 5.00% 2024 | 5,510 | 6,107 |
Build Bonds (Sales Tax Rev. Bonds), Series 2009-B, 5.25% 2034 | 2,500 | 2,773 |
Build Bonds (Sales Tax Rev. Bonds), Series April 2002, FGIC-National insured, 6.00% 2023 | 1,000 | 1,283 |
Build Bonds (Sales Tax Rev. Bonds), Series October 2011, 5.00% 2029 | 4,000 | 4,573 |
Build Bonds (Sales Tax Rev. Ref. Bonds), Second Series May 2002, FGIC-National insured, 5.75% 2019 | 6,250 | 7,104 |
Build Bonds (Sales Tax Rev. Ref. Bonds), Series June 2010, 5.00% 2020 | 5,000 | 5,748 |
Chicago Transit Auth., Sales Tax Receipts Rev. Bonds, Series 2011, 5.00% 2022 | 2,250 | 2,574 |
Chicago Transit Auth., Sales Tax Receipts Rev. Bonds, Series 2011, 5.25% 2036 | 3,000 | 3,346 |
Chicago Transit Auth., Sales Tax Receipts Rev. Bonds, Series 2014, 5.25% 2049 | 27,500 | 32,122 |
City of Chicago, Wastewater Transmission Rev. Ref. Bonds, Series 2008-C, 5.00% 2021 | 1,000 | 1,134 |
City of Chicago, Chicago Midway Airport, Rev. Ref. Bonds, Series 2013-B, 5.25% 2034 | 3,000 | 3,524 |
City of Chicago, Chicago Midway Airport, Rev. Ref. Bonds, Series 2014-B, 5.00% 2026 | 1,000 | 1,205 |
City of Chicago, Chicago Midway Airport, Rev. Ref. Bonds, Series 2014-B, 5.00% 2034 | 5,000 | 5,857 |
City of Chicago, Chicago Midway Airport, Rev. Ref. Bonds, Series 2014-B, 5.00% 2035 | 4,000 | 4,671 |
The Tax-Exempt Bond Fund of America — Page 32 of 98
Bonds, notes & other debt instruments Illinois (continued) |
Principal amount (000) |
Value (000) |
City of Chicago, Chicago Midway Airport, Rev. Ref. Bonds, Series 2016-B, 5.00% 2036 | $3,500 | $4,211 |
City of Chicago, Chicago Midway Airport, Rev. Ref. Bonds, Series 2016-B, 5.00% 2037 | 4,215 | 5,063 |
City of Chicago, Chicago Midway Airport, Rev. Ref. Bonds, Series 2016-B, 5.00% 2041 | 13,000 | 15,556 |
City of Chicago, Chicago Midway Airport, Rev. Ref. Bonds, Series 2016-B, 5.00% 2046 | 11,785 | 14,048 |
City of Chicago, G.O. Bonds (Emergency Telephone System), Ref. Series 1999, FGIC-National insured, 5.25% 2020 |
2,000 | 2,151 |
City of Chicago, G.O. Bonds, Ref. Series 2009-A, Assured Guaranty Municipal insured, 5.00% 2026 | 5,000 | 5,397 |
City of Chicago, O’Hare International Airport, Customer Fac. Charge Rev. Bonds, Series 2013, 5.25% 2024 | 1,000 | 1,202 |
City of Chicago, O’Hare International Airport, Customer Fac. Charge Rev. Bonds, Series 2013, 5.50% 2027 | 2,000 | 2,429 |
City of Chicago, O’Hare International Airport, Customer Fac. Charge Rev. Bonds, Series 2013, 5.75% 2038 | 4,000 | 4,796 |
City of Chicago, O’Hare International Airport, General Airport Rev. Bonds, Series 2010-F, 5.00% 2035 | 8,515 | 9,338 |
City of Chicago, O’Hare International Airport, General Airport Rev. Bonds, Series 2010-F, 5.00% 2040 | 1,500 | 1,641 |
City of Chicago, O’Hare International Airport, General Airport Rev. Bonds, Series 2011-A, 5.75% 2039 | 13,000 | 15,252 |
City of Chicago, O’Hare International Airport, General Airport Rev. Bonds, Series 2011-C, 5.50% 2031 | 3,000 | 3,488 |
City of Chicago, O’Hare International Airport, General Airport Rev. Bonds, Series 2013-D, 5.00% 2039 | 10,000 | 11,714 |
City of Chicago, O’Hare International Airport, General Airport Rev. Ref. Bonds, Series 2005-B, National insured, 5.25% 2017 |
4,000 | 4,078 |
City of Chicago, O’Hare International Airport, General Airport Rev. Ref. Bonds, Series 2008-A, Assured Guaranty Municipal insured, 5.00% 2023 |
4,000 | 4,228 |
City of Chicago, O’Hare International Airport, General Airport Rev. Ref. Bonds, Series 2015-B, 5.00% 2023 |
1,500 | 1,828 |
City of Chicago, O’Hare International Airport, General Airport Rev. Ref. Bonds, Series 2015-B, 5.00% 2030 | 8,500 | 10,321 |
City of Chicago, O’Hare International Airport, General Airport Rev. Ref. Bonds, Series 2015-B, 5.00% 2031 | 5,000 | 6,041 |
City of Chicago, O’Hare International Airport, General Airport Rev. Ref. Bonds, Series 2015-B, 5.00% 2032 | 4,000 | 4,816 |
City of Chicago, O’Hare International Airport, General Airport Rev. Ref. Bonds, Series 2015-B, 5.00% 2033 | 1,750 | 2,104 |
City of Chicago, O’Hare International Airport, General Airport Rev. Ref. Bonds, Series 2015-D, 5.00% 2046 | 1,500 | 1,783 |
City of Chicago, Sales Tax Rev. Ref. Bonds, Series 2009-A, 5.00% 2023 | 2,165 | 2,312 |
City of Chicago, Wastewater Transmission Rev. Project Bonds, Series 2012, Assured Guaranty Municipal insured, 5.00% 2037 |
400 | 445 |
City of Chicago, Wastewater Transmission Rev. Ref. Bonds, Series 2008-C, 5.00% 2022 | 1,000 | 1,156 |
City of Chicago, Wastewater Transmission Rev. Ref. Bonds, Series 2008-C, 5.00% 2023 | 1,975 | 2,311 |
City of Chicago, Wastewater Transmission Rev. Ref. Bonds, Series 2008-C, 5.00% 2024 | 2,500 | 2,966 |
City of Chicago, Wastewater Transmission Rev. Ref. Bonds, Series 2008-C, 5.00% 2025 | 1,500 | 1,800 |
City of Chicago, Wastewater Transmission Rev. Ref. Bonds, Series 2008-C, 5.00% 2030 | 1,000 | 1,174 |
City of Chicago, Wastewater Transmission Rev. Ref. Bonds, Series 2008-C, 5.00% 2031 | 2,500 | 2,918 |
City of Chicago, Wastewater Transmission Rev. Ref. Bonds, Series 2008-C, 5.00% 2032 | 3,000 | 3,487 |
City of Chicago, Wastewater Transmission Rev. Ref. Bonds, Series 2008-C, 5.00% 2033 | 2,000 | 2,320 |
City of Chicago, Wastewater Transmission Rev. Ref. Bonds, Series 2008-C, 5.00% 2035 | 1,000 | 1,153 |
City of Chicago, Wastewater Transmission Rev. Ref. Bonds, Series 2008-C, 5.00% 2039 | 1,000 | 1,148 |
City of Chicago, Water Rev. Bonds, Project Series 2012, 4.00% 2020 | 625 | 687 |
City of Chicago, Water Rev. Bonds, Series 2000, 5.00% 2028 | 1,000 | 1,210 |
City of Chicago, Water Rev. Bonds, Series 2000, 5.00% 2030 | 1,500 | 1,803 |
City of Chicago, Water Rev. Bonds, Series 2004, 5.00% 2025 | 4,750 | 5,796 |
City of Chicago, Water Rev. Bonds, Series 2004, 5.00% 2026 | 3,250 | 4,010 |
City of Chicago, Water Rev. Bonds, Series 2016-A-1, 5.00% 2025 | 1,000 | 1,220 |
City of Chicago, Water Rev. Bonds, Series 2016-A-1, Assured Guaranty Municipal insured, 5.00% 2025 | 620 | 769 |
City of Chicago, Water Rev. Ref. Bonds, 5.00% 2042 | 8,000 | 8,935 |
City of Chicago, Water Rev. Ref. Bonds, 5.00% 2044 | 3,000 | 3,445 |
Metropolitan Water Reclamation Dist. of Greater Chicago, G.O. Ref. Bonds, Unlimited Tax Series A of March 2007, 5.00% 2020 |
6,000 | 7,012 |
Public Building Commission of Chicago, Building Rev. Ref. Bonds (Chicago Transit Auth.), Series 2006, AMBAC insured, 5.25% 2023 | 2,000 | 2,284 |
Public Building Commission of Chicago, Building Rev. Ref. Bonds (Chicago Transit Auth.), Series 2006, AMBAC insured, 5.25% 2025 | 1,000 | 1,167 |
The Tax-Exempt Bond Fund of America — Page 33 of 98
Bonds, notes & other debt instruments Illinois (continued) |
Principal amount (000) |
Value (000) |
Public Building Commission of Chicago, Building Rev. Ref. Bonds (Chicago Transit Auth.), Series 2006, AMBAC insured, 5.25% 2026 | $4,175 | $4,914 |
Public Building Commission of Chicago, Building Rev. Ref. Bonds (Chicago Transit Auth.), Series 2006, AMBAC insured, 5.25% 2027 | 1,000 | 1,186 |
Civic Center Bonds, Special State Obligation Bonds, Series 1991, AMBAC insured, 6.25% 2020 | 4,055 | 4,420 |
Community College Dist. No. 508, County of Cook (City Colleges of Chicago), Unlimited Tax G. O. Bonds, Series 2013, 5.25% 2043 | 3,650 | 4,190 |
County of Cook, G.O. Rev. Ref. Bonds, Series 2016-A, 5.00% 2027 | 1,000 | 1,223 |
County of Cook, G.O. Rev. Ref. Bonds, Series 2016-A, 5.00% 2030 | 1,350 | 1,635 |
County of Cook, G.O. Rev. Ref. Bonds, Series 2016-A, 5.00% 2031 | 4,750 | 5,735 |
County of Cook, G.O. Rev. Ref. Bonds, Series 2016-A, Assured Guaranty Municipal insured, 5.00% 2026 | 4,000 | 5,022 |
Regional Transportation Auth. of Cook, DuPage, Kane, Lake, McHenry and Will Counties, G.O. Bonds, Series 1994-D, FGIC-National insured, 7.75% 2019 |
2,910 | 3,260 |
Regional Transportation Auth. of Cook, DuPage, Kane, Lake, McHenry and Will Counties, G.O. Bonds, Series 2003-B, National insured, 5.75% 2033 |
9,630 | 13,234 |
Regional Transportation Auth. of Cook, DuPage, Kane, Lake, McHenry and Will Counties, G.O. Bonds, Series 2004-A, Assured Guaranty Municipal insured, 5.50% 2021 |
8,540 | 10,306 |
Regional Transportation Auth. of Cook, DuPage, Kane, Lake, McHenry and Will Counties, G.O. Bonds, Series 2004-A, Assured Guaranty Municipal insured, 5.50% 2022 |
6,500 | 8,026 |
Regional Transportation Auth. of Cook, DuPage, Kane, Lake, McHenry and Will Counties, G.O. Rev. Ref. Bonds, Series 1997, FGIC-National insured, 6.00% 2020 | 3,820 | 4,393 |
Regional Transportation Auth. of Cook, DuPage, Kane, Lake, McHenry and Will Counties, G.O. Rev. Ref. Bonds, Series 1999, Assured Guaranty Municipal insured, 5.75% 2023 | 2,000 | 2,469 |
Regional Transportation Auth. of Cook, DuPage, Kane, Lake, McHenry and Will Counties, G.O. Rev. Ref. Bonds, Series 1999, Assured Guaranty Municipal insured, 6.00% 2025 | 2,150 | 2,789 |
Regional Transportation Auth. of Cook, DuPage, Kane, Lake, McHenry and Will Counties, G.O. Rev. Ref. Bonds, Series 2003-A, FGIC-National insured, 6.00% 2033 | 6,070 | 8,498 |
Build Bonds (Sales Tax Rev. Bonds), Series 2009-B, 5.00% 2024 (preref. 2019) | 2,810 | 3,152 |
Educational Facs. Auth., Rev. Bonds (Field Museum of Natural History), Series 2002, 4.75% 2036 (put 2016) | 2,000 | 2,018 |
Fin. Auth. Rev. Bonds (Silver Cross Hospital and Medical Centers), Series 2009, 7.00% 2044 (preref. 2019) | 3,000 | 3,565 |
Fin. Auth., Charter School Project and Rev. Ref. Bonds (Chicago Charter School Foundation Project), Series 2007-A, 5.00% 2021 |
1,975 | 1,994 |
Fin. Auth., Charter School Project and Rev. Ref. Bonds (Chicago Charter School Foundation Project), Series 2007-A, 5.00% 2026 |
1,475 | 1,485 |
Fin. Auth., Health Facs. Rev. Bonds (UnityPoint Health), Series 2016-D, 4.00% 2046 | 2,000 | 2,153 |
Fin. Auth., Rev. Bonds (Advocate Health Care Network), Series 2008-D, 6.50% 2038 | 3,000 | 3,397 |
Fin. Auth., Rev. Bonds (Advocate Health Care Network), Series 2010-B, 5.375% 2044 | 530 | 582 |
Fin. Auth., Rev. Bonds (Advocate Health Care Network), Series 2010-B, 5.375% 2044 (preref. 2019) | 470 | 529 |
Fin. Auth., Rev. Bonds (Advocate Health Care Network), Series 2012, 5.00% 2042 | 5,315 | 6,076 |
Fin. Auth., Rev. Bonds (Advocate Health Care Network), Series 2014, 5.00% 2038 | 14,100 | 16,688 |
Fin. Auth., Rev. Bonds (Advocate Health Care Network), Series 2015-B, 4.00% 2044 | 1,000 | 1,077 |
Fin. Auth., Rev. Bonds (Advocate Health Care Network), Series 2015-B, 5.00% 2027 | 990 | 1,227 |
Fin. Auth., Rev. Bonds (Central DuPage Health), Series 2009-B, 5.75% 2039 | 10,500 | 12,115 |
Fin. Auth., Rev. Bonds (DePaul University), Series 2008, 4.75% 2028 | 500 | 533 |
Fin. Auth., Rev. Bonds (DePaul University), Series 2008, 5.00% 2024 | 2,650 | 2,860 |
Fin. Auth., Rev. Bonds (DePaul University), Series 2011-A, 6.125% 2040 | 16,020 | 19,295 |
Fin. Auth., Rev. Bonds (DePaul University), Series 2016, 5.00% 2030 | 1,000 | 1,244 |
Fin. Auth., Rev. Bonds (DePaul University), Series 2016, 5.00% 2032 | 1,000 | 1,232 |
Fin. Auth., Rev. Bonds (DePaul University), Series 2016, 5.00% 2033 | 1,150 | 1,404 |
Fin. Auth., Rev. Bonds (DePaul University), Series 2016, 5.00% 2034 | 1,310 | 1,595 |
Fin. Auth., Rev. Bonds (DePaul University), Series 2016, 5.00% 2036 | 1,000 | 1,206 |
Fin. Auth., Rev. Bonds (DePaul University), Series 2016, 5.00% 2041 | 3,500 | 4,191 |
Fin. Auth., Rev. Bonds (Elmhurst Memorial Healthcare), Series 2008-A, 5.625% 2037 | 9,500 | 10,067 |
Fin. Auth., Rev. Bonds (Hospital Sisters Services, Inc. - Obligated Group), Series 2007-A, 5.00% 2026 | 11,050 | 11,334 |
Fin. Auth., Rev. Bonds (Lifespace Communitys), Series 2015-A, 5.00% 2024 | 245 | 302 |
The Tax-Exempt Bond Fund of America — Page 34 of 98
Bonds, notes & other debt instruments Illinois (continued) |
Principal amount (000) |
Value (000) |
Fin. Auth., Rev. Bonds (Lifespace Communitys), Series 2015-A, 5.00% 2025 | $685 | $855 |
Fin. Auth., Rev. Bonds (Lifespace Communitys), Series 2015-A, 5.00% 2030 | 1,000 | 1,210 |
Fin. Auth., Rev. Bonds (Lifespace Communitys), Series 2015-A, 5.00% 2035 | 1,350 | 1,600 |
Fin. Auth., Rev. Bonds (Lifespace Communitys), Series 2015-A, 5.00% 2045 | 4,605 | 5,415 |
Fin. Auth., Rev. Bonds (Mercy Health Corp.), Series 2016, 4.00% 2035 | 5,120 | 5,533 |
Fin. Auth., Rev. Bonds (Mercy Health Corp.), Series 2016, 4.00% 2036 | 3,000 | 3,231 |
Fin. Auth., Rev. Bonds (Mercy Health Corp.), Series 2016, 5.00% 2026 | 3,000 | 3,779 |
Fin. Auth., Rev. Bonds (Mercy Health Corp.), Series 2016, 5.00% 2027 | 2,990 | 3,732 |
Fin. Auth., Rev. Bonds (Mercy Health Corp.), Series 2016, 5.00% 2033 | 3,835 | 4,565 |
Fin. Auth., Rev. Bonds (Mercy Health Corp.), Series 2016, 5.00% 2040 | 10,000 | 11,838 |
Fin. Auth., Rev. Bonds (Mercy Health Corp.), Series 2016, 5.00% 2046 | 18,500 | 21,709 |
Fin. Auth., Rev. Bonds (Northwest Community Hospital), Series 2008-A, 5.25% 2028 | 3,000 | 3,266 |
Fin. Auth., Rev. Bonds (Northwest Community Hospital), Series 2016-A, 5.00% 2026 | 2,000 | 2,522 |
Fin. Auth., Rev. Bonds (Northwest Community Hospital), Series 2016-A, 5.00% 2032 | 3,290 | 4,010 |
Fin. Auth., Rev. Bonds (Northwest Community Hospital), Series 2016-A, 5.00% 2033 | 1,425 | 1,731 |
Fin. Auth., Rev. Bonds (Northwest Community Hospital), Series 2016-A, 5.00% 2034 | 3,240 | 3,924 |
Fin. Auth., Rev. Bonds (Northwest Community Hospital), Series 2016-A, 5.00% 2035 | 3,335 | 4,023 |
Fin. Auth., Rev. Bonds (Presbyterian Homes Obligated Group), Series 2016-A, 5.00% 2025 | 1,550 | 1,918 |
Fin. Auth., Rev. Bonds (Presbyterian Homes Obligated Group), Series 2016-A, 5.00% 2027 | 4,750 | 5,925 |
Fin. Auth., Rev. Bonds (Presbyterian Homes Obligated Group), Series 2016-A, 5.00% 2028 | 3,000 | 3,723 |
Fin. Auth., Rev. Bonds (Presbyterian Homes Obligated Group), Series 2016-B, 1.677% 2036 (put 2021)1 | 1,775 | 1,789 |
Fin. Auth., Rev. Bonds (Rehab Institute of Chicago), Series 2013-A, 6.00% 2043 | 2,700 | 3,319 |
Fin. Auth., Rev. Bonds (Silver Cross Hospital and Medical Centers), Series 2015-C, 5.00% 2035 | 500 | 583 |
Fin. Auth., Rev. Bonds (Silver Cross Hospital and Medical Centers), Series 2015-C, 5.00% 2044 | 10,500 | 12,148 |
Fin. Auth., Rev. Bonds (Three Crowns Park Project), Series 2006-A, 5.625% 2018 | 1,585 | 1,589 |
Fin. Auth., Rev. Bonds (University of Chicago), Series 2007, 5.00% 2020 (preref. 2017) | 1,340 | 1,395 |
Fin. Auth., Rev. Bonds (University of Chicago), Series 2007, 5.00% 2021 (preref. 2017) | 2,455 | 2,556 |
Fin. Auth., Rev. Bonds (University of Chicago), Series 2008-B, 5.50% 2028 | 4,630 | 5,066 |
Fin. Auth., Rev. Bonds (University of Chicago), Series 2008-B, 5.75% 2033 | 2,250 | 2,473 |
Fin. Auth., Rev. Bonds (University of Chicago), Series 2008-B, 6.25% 2038 | 12,000 | 13,302 |
Fin. Auth., Rev. Ref. Bonds (Advocate Health Care Network), Series 2008-A-3, 5.00% 2030 (put 2019) | 1,000 | 1,113 |
Fin. Auth., Rev. Ref. Bonds (Art Institute of Chicago), Series 2010-A, 5.25% 2040 | 5,350 | 6,029 |
Fin. Auth., Rev. Ref. Bonds (Art Institute of Chicago), Series 2012-A, 5.00% 2034 | 4,950 | 5,726 |
Fin. Auth., Rev. Ref. Bonds (Ascension Health Alliance Credit Group), Series 2012-A, 5.00% 2042 | 7,500 | 8,657 |
Fin. Auth., Rev. Ref. Bonds (Christian Homes Inc.), 5.00% 2040 | 1,275 | 1,444 |
Fin. Auth., Rev. Ref. Bonds (DePaul University), Series 2004-A, 5.375% 2016 | 2,035 | 2,052 |
Fin. Auth., Rev. Ref. Bonds (DePaul University), Series 2004-A, 5.375% 2018 | 1,010 | 1,109 |
Fin. Auth., Rev. Ref. Bonds (DePaul University), Series 2013, 5.00% 2024 | 600 | 737 |
Fin. Auth., Rev. Ref. Bonds (Franciscan Communities, Inc.), Series 2004-B, 6.50% 2034 | 1,250 | 1,281 |
Fin. Auth., Rev. Ref. Bonds (Franciscan Communities, Inc.), Series 2004-B, 6.50% 2034 (preref. 2017) | 1,200 | 1,257 |
Fin. Auth., Rev. Ref. Bonds (Loyola University of Chicago), 5.00% 2022 | 3,095 | 3,211 |
Fin. Auth., Rev. Ref. Bonds (Loyola University of Chicago), 5.00% 2022 (preref. 2017) | 345 | 359 |
Fin. Auth., Rev. Ref. Bonds (Loyola University of Chicago), 5.00% 2023 | 5,850 | 6,069 |
Fin. Auth., Rev. Ref. Bonds (Loyola University of Chicago), 5.00% 2023 (preref. 2017) | 650 | 677 |
Fin. Auth., Rev. Ref. Bonds (Loyola University of Chicago), Series 2012-B, 5.00% 2025 | 3,000 | 3,534 |
Fin. Auth., Rev. Ref. Bonds (Loyola University of Chicago), Series 2012-B, 5.00% 2026 | 1,500 | 1,760 |
Fin. Auth., Rev. Ref. Bonds (Loyola University of Chicago), Series 2012-B, 5.00% 2042 | 9,385 | 10,691 |
Fin. Auth., Rev. Ref. Bonds (Lutheran Hillside Village), Series 2006, 5.00% 2018 | 1,070 | 1,092 |
Fin. Auth., Rev. Ref. Bonds (Lutheran Hillside Village), Series 2006, 5.125% 2026 | 7,825 | 7,987 |
Fin. Auth., Rev. Ref. Bonds (Lutheran Hillside Village), Series 2006, 5.25% 2037 | 9,810 | 9,999 |
Fin. Auth., Rev. Ref. Bonds (Northwestern Memorial Hospital), Series 2009-A, 6.00% 2039 | 14,000 | 16,171 |
Fin. Auth., Rev. Ref. Bonds (OSF Healthcare System), Series 2007-A, 5.25% 2022 (preref. 2017) | 2,500 | 2,651 |
Fin. Auth., Rev. Ref. Bonds (OSF Healthcare System), Series 2007-A, 5.75% 2033 (preref. 2017) | 2,000 | 2,134 |
Fin. Auth., Rev. Ref. Bonds (OSF Healthcare System), Series 2007-A, 5.75% 2037 (preref. 2017) | 4,500 | 4,801 |
Fin. Auth., Rev. Ref. Bonds (OSF Healthcare System), Series 2010-A, 6.00% 2039 | 15,335 | 17,846 |
The Tax-Exempt Bond Fund of America — Page 35 of 98
Bonds, notes & other debt instruments Illinois (continued) |
Principal amount (000) |
Value (000) |
Fin. Auth., Rev. Ref. Bonds (OSF Healthcare System), Series 2015-A, 5.00% 2031 | $3,500 | $4,223 |
Fin. Auth., Rev. Ref. Bonds (OSF Healthcare System), Series 2015-A, 5.00% 2032 | 3,500 | 4,210 |
Fin. Auth., Rev. Ref. Bonds (OSF Healthcare System), Series 2015-A, 5.00% 2045 | 26,890 | 31,785 |
Fin. Auth., Rev. Ref. Bonds (Palos Community Hospital), Series 2007-A, National insured, 5.00% 2021 (preref. 2017) |
2,300 | 2,381 |
Fin. Auth., Rev. Ref. Bonds (Palos Community Hospital), Series 2007-A, National insured, 5.00% 2022 (preref. 2017) |
4,520 | 4,679 |
Fin. Auth., Rev. Ref. Bonds (Palos Community Hospital), Series 2007-A, National insured, 5.00% 2023 (preref. 2017) |
4,755 | 4,922 |
Fin. Auth., Rev. Ref. Bonds (Provena Health), Series 2009-A, 7.75% 2034 | 19,000 | 22,820 |
Fin. Auth., Rev. Ref. Bonds (Provena Health), Series 2010-A, 6.00% 2028 | 14,000 | 16,044 |
Fin. Auth., Rev. Ref. Bonds (Riverside Health System), Series 2006-C, 4.50% 2026 | 5,360 | 5,421 |
Fin. Auth., Rev. Ref. Bonds (Riverside Health System), Series 2006-C, 5.00% 2018 | 1,910 | 1,934 |
Fin. Auth., Rev. Ref. Bonds (Riverside Health System), Series 2006-C, 5.00% 2019 | 2,005 | 2,030 |
Fin. Auth., Rev. Ref. Bonds (Riverside Health System), Series 2006-C, 5.00% 2020 | 2,105 | 2,132 |
Fin. Auth., Rev. Ref. Bonds (Sherman Health Systems), Series 2007-A, 5.50% 2037 | 3,000 | 3,147 |
Fin. Auth., Rev. Ref. Bonds (Silver Cross Hospital and Medical Centers), Series 2015-C, 4.125% 2037 | 1,000 | 1,072 |
Fin. Auth., Rev. Ref. Bonds (University of Chicago Medical Center), Series 2009-B, 5.00% 2025 | 10,500 | 11,986 |
Fin. Auth., Rev. Ref. Bonds (University of Chicago Medical Center), Series 2009-B, 5.00% 2026 | 4,000 | 4,550 |
Fin. Auth., Student Housing Rev. Bonds (CHF-Normal, L.L.C. - Illinois State University Project), Series 2011, 6.75% 2031 | 1,000 | 1,150 |
Fin. Auth., Student Housing Rev. Bonds (CHF-Normal, LLC - Illinois State University Project), Series 2011, 7.00% 2043 | 10,000 | 11,601 |
Fin. Auth., Student Housing Rev. Ref. Bonds (CHF-DeKalb II, LLC - Northern Illinois University Project), Series 2011, 6.875% 2043 |
27,500 | 32,720 |
Fin. Auth., Student Housing Rev. Ref. Bonds, Educational Advancement Fund, Inc. (University Center), Series 2006-A, 5.25% 2034 |
7,855 | 7,982 |
Fin. Auth., Student Housing Rev. Ref. Bonds, Educational Advancement Fund, Inc. (University Center), Series 2006-B, 5.00% 2025 |
10,000 | 10,065 |
Fin. Auth., Student Housing Rev. Ref. Bonds, Educational Advancement Fund, Inc. (University Center), Series 2006-B, 5.25% 2019 |
4,000 | 4,029 |
Fin. Auth., Rev. Bonds (Rush University Medical Center Obligated Group), Series 2015-A, 5.00% 2038 | 2,500 | 2,972 |
Fin. Auth., Rev. Bonds (Rush University Medical Center Obligated Group), Series 2015-B, 5.00% 2034 | 5,095 | 6,128 |
Fin. Auth., Student Housing Rev. Bonds (CHF - Cook, LLC - Northeastern Illinois University Project), Series 2015-A, 5.00% 2047 |
1,265 | 1,343 |
G.O. Bonds, Series 2012, 5.00% 2018 | 1,655 | 1,767 |
G.O. Bonds, Series 2014, 5.00% 2039 | 3,300 | 3,568 |
G.O. Bonds, Series 2016, 5.00% 2018 | 1,600 | 1,688 |
G.O. Bonds, Series 2016, 5.00% 2028 | 2,500 | 2,844 |
G.O. Bonds, Series 2016, 5.50% 2027 | 3,105 | 3,547 |
G.O. Bonds, Series of March 2012, 5.00% 2023 | 2,000 | 2,227 |
G.O. Bonds, Series of March 2012, 5.00% 2035 | 1,000 | 1,067 |
G.O. Bonds, Series of May 2014, 5.00% 2026 | 2,000 | 2,253 |
G.O. Bonds, Series of May 2014, 5.00% 2039 | 4,400 | 4,767 |
G.O. Ref. Bonds, 5.00% 2030 | 7,700 | 8,640 |
Health Facs. Auth., Rev. Bonds (Evangelical Hospitals Corp.), Series 1992-C, 6.25% 2022 (escrowed to maturity) |
4,000 | 4,730 |
Health Facs. Auth., Rev. Ref. Bonds (Lutheran General Health), Series 1993-C, 6.00% 2018 | 1,820 | 1,924 |
Housing Dev. Auth., Housing Rev. Bonds, Series 2013-A, 2.45% 20433 | 1,197 | 1,173 |
Housing Dev. Auth., Housing Rev. Ref. Bonds, Series G, 4.55% 2021 | 405 | 406 |
Housing Dev. Auth., Housing Rev. Ref. Bonds, Series G, 4.65% 2026 | 1,445 | 1,447 |
Housing Dev. Auth., Multifamily Housing Rev. Notes (Marshall Field Garden Apartment Homes), 1.44% 2050 (put 2025)1 | 25,800 | 25,674 |
Housing Dev. Auth., Rev. Bonds, Series 2016-A, 4.00% 2046 | 5,500 | 6,066 |
Fin. Auth., Rev. Bonds (Presence Health Network Obligated Group), Series 2016-C, 5.00% 2029 | 8,000 | 9,310 |
The Tax-Exempt Bond Fund of America — Page 36 of 98
Bonds, notes & other debt instruments Illinois (continued) |
Principal amount (000) |
Value (000) |
Fin. Auth., Rev. Bonds (Presence Health Network Obligated Group), Series 2016-C, 5.00% 2030 | $3,615 | $4,190 |
Fin. Auth., Rev. Bonds (Presence Health Network Obligated Group), Series 2016-C, 5.00% 2031 | 3,000 | 3,468 |
Fin. Auth., Rev. Bonds (Presence Health Network Obligated Group), Series 2016-C, 5.00% 2033 | 2,500 | 2,876 |
Fin. Auth., Rev. Bonds (Presence Health Network Obligated Group), Series 2016-C, 5.00% 2041 | 1,250 | 1,427 |
Board of Trustees of Illinois State University, Auxiliary Facs. System Rev. Bonds, Series 2016, Assured Guaranty Municipal insured, 5.00% 2024 | 2,360 | 2,838 |
Board of Trustees of Illinois State University, Auxiliary Facs. System Rev. Bonds, Series 2016, Assured Guaranty Municipal insured, 5.00% 2026 | 2,000 | 2,459 |
Village of Manhattan (Will County), Special Service Area Number 2007-5, Special Tax Bonds (Lakeside Towns at Liberty Center Project), Series 2007, 6.125% 20404 | 2,300 | 644 |
Village of Manhattan (Will County), Special Service Area Number 2007-6, Special Tax Bonds (Groebe Farm-Stonegate Project), Series 2007, 5.75% 20224 |
1,900 | 285 |
Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Bonds, Series 2012-A, 5.00% 2042 |
3,100 | 3,372 |
Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Rev. Ref. Bonds, Series 2010-B-2, 5.00% 2050 | 14,020 | 14,838 |
Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Rev. Ref. Bonds, Series 2012-B, 5.00% 2028 | 500 | 560 |
Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Rev. Ref. Bonds, Series 2015-A, 5.00% 2053 | 1,225 | 1,383 |
Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Rev. Ref. Bonds, Series 2015-B, 5.00% 2035 | 7,015 | 7,994 |
Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Rev. Ref. Bonds, Series 2015-B, 5.00% 2040 | 6,870 | 7,799 |
Village of Montgomery, Kane and Kendall Counties, Special Assessment Improvement Ref. Bonds (Lakewood Creek Project), Series 2006, RADIAN insured, 4.70% 2030 |
732 | 733 |
Municipal Electric Agcy., Power Supply System Rev. Ref. Bonds, Series 2015-A, 5.00% 2027 | 3,000 | 3,731 |
Municipal Electric Agcy., Power Supply System Rev. Ref. Bonds, Series 2015-A, 5.00% 2029 | 7,500 | 9,212 |
Municipal Electric Agcy., Power Supply System Rev. Ref. Bonds, Series 2015-A, 5.00% 2031 | 10,450 | 12,705 |
City of Quincy, Adams County, Rev. Ref. Bonds (Blessing Hospital), Series 2007, 5.00% 2017 | 1,000 | 1,046 |
Railsplitter Tobacco Settlement Auth., Tobacco Settlement Rev. Bonds, Series 2010, 5.125% 2019 | 3,500 | 3,900 |
Railsplitter Tobacco Settlement Auth., Tobacco Settlement Rev. Bonds, Series 2010, 5.25% 2020 | 7,500 | 8,642 |
Railsplitter Tobacco Settlement Auth., Tobacco Settlement Rev. Bonds, Series 2010, 6.00% 2028 | 1,000 | 1,200 |
Board of Trustees of Southern Illinois University, Housing and Auxiliary Facs. System Rev. Bonds, Series 2012-B-1, 5.00% 2024 |
1,905 | 2,045 |
Board of Trustees of Southern Illinois University, Housing and Auxiliary Facs. System Rev. Bonds, Series 2012-B-1, 5.00% 2032 |
5,000 | 5,241 |
Southwestern Illinois Dev. Auth., Health Fac. Rev. Bonds (Memorial Group, Inc.), Series 2013, 7.125% 2043 | 1,000 | 1,369 |
Southwestern Illinois Dev. Auth., Health Fac. Rev. Bonds (Memorial Group, Inc.), Series 2013, 7.25% 2036 | 385 | 533 |
Southwestern Illinois Dev. Auth., Health Fac. Rev. Bonds (Memorial Group, Inc.), Series 2013, 7.625% 2048 | 17,340 | 24,281 |
Sports Facs. Auth., Sports Facs. Ref. Bonds (State Tax Supported), Series 2014, Assured Guaranty Municipal insured, 5.25% 2032 |
1,000 | 1,158 |
City of Springfield, Electric Rev. Bonds, Series 2008, 5.00% 2036 (preref. 2018) | 5,500 | 5,882 |
City of Springfield, Electric Rev. Bonds, Series 2015, 5.00% 2031 | 2,220 | 2,654 |
City of Springfield, Electric Rev. Bonds, Series 2015, 5.00% 2032 | 3,000 | 3,576 |
City of Springfield, Electric Rev. Bonds, Series 2015, Assured Guaranty Municipal insured, 5.00% 2040 | 6,000 | 7,092 |
State Toll Highway Auth., Toll Highway Rev. Bonds, Series 2008-B, 5.50% 2033 (preref. 2018) |
18,210 | 19,489 |
State Toll Highway Auth., Toll Highway Rev. Bonds, Series 2013-A, 5.00% 2027 | 1,305 | 1,562 |
State Toll Highway Auth., Toll Highway Rev. Bonds, Series 2013-A, 5.00% 2028 | 1,000 | 1,190 |
State Toll Highway Auth., Toll Highway Rev. Bonds, Series 2013-A, 5.00% 2029 | 3,000 | 3,554 |
State Toll Highway Auth., Toll Highway Rev. Bonds, Series 2013-A, 5.00% 2030 | 7,100 | 8,382 |
State Toll Highway Auth., Toll Highway Rev. Bonds, Series 2013-A, 5.00% 2032 | 1,000 | 1,175 |
State Toll Highway Auth., Toll Highway Rev. Bonds, Series 2013-A, 5.00% 2033 | 2,200 | 2,577 |
State Toll Highway Auth., Toll Highway Rev. Bonds, Series 2013-A, 5.00% 2038 | 34,430 | 39,950 |
The Tax-Exempt Bond Fund of America — Page 37 of 98
Bonds, notes & other debt instruments Illinois (continued) |
Principal amount (000) |
Value (000) |
State Toll Highway Auth., Toll Highway Rev. Bonds, Series 2014-B, 5.00% 2038 | $2,500 | $2,958 |
State Toll Highway Auth., Toll Highway Rev. Bonds, Series 2014-B, 5.00% 2039 | 3,000 | 3,550 |
State Toll Highway Auth., Toll Highway Rev. Bonds, Series 2015-B, 5.00% 2036 | 2,000 | 2,423 |
State Toll Highway Auth., Toll Highway Rev. Bonds, Series 2015-B, 5.00% 2037 | 1,500 | 1,814 |
State Toll Highway Auth., Toll Highway Rev. Bonds, Series 2015-B, 5.00% 2040 | 9,500 | 11,438 |
State Toll Highway Auth., Toll Highway Rev. Ref. Bonds, Series 2010-A-1, 4.50% 2027 | 6,000 | 6,596 |
State Toll Highway Auth., Toll Highway Rev. Ref. Bonds, Series 2010-A-1, 5.00% 2025 | 10,000 | 11,274 |
State Toll Highway Auth., Toll Highway Rev. Ref. Bonds, Series 2010-A-1, 5.00% 2028 | 10,000 | 11,234 |
State Toll Highway Auth., Toll Highway Rev. Ref. Bonds, Series 2010-A-1, 5.00% 2031 | 4,000 | 4,479 |
Toll Highway Auth., Toll Highway Rev. Bonds, Series 2016-B, 5.00% 2035 | 3,055 | 3,753 |
Toll Highway Auth., Toll Highway Rev. Bonds, Series 2016-B, 5.00% 2036 | 2,000 | 2,443 |
Toll Highway Auth., Toll Highway Rev. Bonds, Series 2016-B, 5.00% 2037 | 1,900 | 2,317 |
Toll Highway Auth., Toll Highway Rev. Bonds, Series 2016-B, 5.00% 2041 | 13,450 | 16,296 |
Board of Trustees of the University of Illinois, Auxiliary Facs. System Rev. Ref. Bonds, Series 2001-A, AMBAC insured, 5.50% 2021 |
2,670 | 3,189 |
Board of Trustees of the University of Illinois, Auxiliary Facs. System Rev. Ref. Bonds, Series 2013-A, 5.00% 2025 |
10,000 | 11,970 |
Board of Trustees of the University of Illinois, Rev. Ref. Certs. of Part., Series 2008-A, Assured Guaranty Municipal insured, 5.00% 2025 | 2,315 | 2,426 |
Board of Trustees of the University of Illinois, Rev. Ref. Certs. of Part., Series 2008-A, Assured Guaranty Municipal insured, 5.00% 2025 (preref. 2017) | 4,830 | 5,080 |
Board of Trustees of the University of Illinois, Rev. Ref. Certs. of Part., Series 2009-A, 5.00% 2019 | 425 | 446 |
Board of Trustees of the University of Illinois, Rev. Ref. Certs. of Part., Series 2009-A, 5.00% 2019 (preref. 2017) | 575 | 605 |
Board of Trustees of The University of Illinois, University of Illinois Auxiliary Facs. System Rev. Bonds, Series 2011-A, 5.25% 2041 |
1,750 | 1,994 |
Board of Trustees of The University of Illinois, University of Illinois Auxiliary Facs. System Rev. Bonds, Series 2011-A, 5.50% 2031 |
2,000 | 2,346 |
Board of Trustees of the University of Illinois, University of Illinois Auxiliary Facs. System Rev. Bonds, Series 2014-A, 5.00% 2039 |
2,000 | 2,311 |
Board of Trustees of the University of Illinois, University of Illinois Auxiliary Facs. System Rev. Bonds, Series 2014-A, 5.00% 2044 |
8,500 | 9,783 |
Board of Trustees of the University of Illinois, University of Illinois Auxiliary Facs. System Rev. Ref. Bonds, Series 2016-A, Assured Guaranty Municipal insured, 4.00% 2036 | 8,000 | 8,723 |
Village of Volo, Lake County, Special Service Areas Number Three and Number Six, Special Tax Rev. Ref Bonds (Symphony Meadows/Lancaster Falls Projects), Assured Guaranty Municipal insured, 2.25% 2022 | 800 | 808 |
Village of Volo, Lake County, Special Service Areas Number Three and Number Six, Special Tax Rev. Ref Bonds (Symphony Meadows/Lancaster Falls Projects), Assured Guaranty Municipal insured, 2.50% 2023 | 900 | 913 |
Village of Volo, Lake County, Special Service Areas Number Three and Number Six, Special Tax Rev. Ref Bonds (Symphony Meadows/Lancaster Falls Projects), Assured Guaranty Municipal insured, 2.75% 2024 | 950 | 973 |
Village of Volo, Lake County, Special Service Areas Number Three and Number Six, Special Tax Rev. Ref Bonds (Symphony Meadows/Lancaster Falls Projects), Assured Guaranty Municipal insured, 2.875% 2025 |
505 | 520 |
Village of Volo, Lake County, Special Service Areas Number Three and Number Six, Special Tax Rev. Ref Bonds (Symphony Meadows/Lancaster Falls Projects), Assured Guaranty Municipal insured, 3.00% 2026 | 865 | 897 |
Community Unit School Dist. No. 365-U, Will County (Valley View), G.O. Capital Appreciation School Bonds, Series 2002, Assured Guaranty Municipal insured, 0% 2017 | 2,000 | 1,971 |
United City of Yorkville, Special Tax Rev. Ref. Bonds (Special Service Area Numbers 2005-108 and 2005-109), Assured Guaranty Municipal insured, 2.75% 2024 | 1,170 | 1,198 |
United City of Yorkville, Special Tax Rev. Ref. Bonds (Special Service Area Numbers 2005-108 and 2005-109), Assured Guaranty Municipal insured, 3.00% 2025 | 730 | 759 |
The Tax-Exempt Bond Fund of America — Page 38 of 98
Bonds, notes & other debt instruments Illinois (continued) |
Principal amount (000) |
Value (000) |
United City of Yorkville, Special Tax Rev. Ref. Bonds (Special Service Area Numbers 2005-108 and 2005-109), Assured Guaranty Municipal insured, 3.125% 2026 | $1,300 | $1,360 |
United City of Yorkville, Special Tax Rev. Ref. Bonds (Special Service Area Numbers 2005-108 and 2005-109), Assured Guaranty Municipal insured, 3.25% 2027 | 1,370 | 1,435 |
1,386,221 | ||
Indiana 1.91% | ||
Bond Bank, Special Program Gas Rev. Bonds, Series 2007-A, 5.25% 2020 | 985 | 1,134 |
Fin. Auth., Educational Facs. Rev. Bonds (Valparaiso University Project), Series 2007, 5.00% 2027 | 1,800 | 1,883 |
Fin. Auth., Environmental Rev. Ref. Bonds (Duke Energy Indiana, Inc. Project), Series 2009-B, 6.00% 2039 | 5,980 | 6,708 |
Fin. Auth., Health System Rev. Bonds (Franciscan Alliance, Inc.), Series 2016-A, 5.00% 2051 | 19,600 | 23,199 |
Fin. Auth., Health System Rev. Bonds (Franciscan Alliance, Inc.), Series 2016-B, 5.00% 2041 | 14,800 | 17,678 |
Fin. Auth., Health System Rev. Bonds (Sisters of St. Francis Health Services, Inc. Obligated Group), Series 2009-A, 5.25% 2039 |
1,000 | 1,126 |
Fin. Auth., Hospital Rev. Ref. Bonds (Indiana University Health Obligated Group), Series 2011-N, 5.00% 2031 | 7,000 | 7,949 |
Fin. Auth., Hospital Rev. Ref. Bonds (Indiana University Health Obligated Group), Series 2014-A, 5.00% 2028 | 250 | 309 |
Fin. Auth., Hospital Rev. Ref. Bonds (Indiana University Health Obligated Group), Series 2014-A, 5.00% 2029 | 1,000 | 1,229 |
Fin. Auth., Hospital Rev. Ref. Bonds (Indiana University Health Obligated Group), Series 2015-A, 5.00% 2040 | 5,000 | 6,034 |
Fin. Auth., Hospital Rev. Ref. Bonds (Parkview Health System Obligated Group), Series 2012-A, 5.00% 2029 | 1,450 | 1,695 |
Fin. Auth., Hospital Rev. Ref. Bonds (The Methodist Hospitals, Inc.), Series 2014-A, 5.00% 2029 | 1,000 | 1,178 |
Fin. Auth., Hospital Rev. Ref. Bonds (The Methodist Hospitals, Inc.), Series 2014-A, 5.00% 2031 | 1,250 | 1,464 |
Fin. Auth., Midwestern Disaster Relief Rev. Bonds (Ohio Valley Electric Corp. Project), Series 2012-A, 5.00% 2032 |
6,500 | 7,046 |
Fin. Auth., Midwestern Disaster Relief Rev. Bonds (Ohio Valley Electric Corp. Project), Series 2012-A, 5.00% 2039 |
18,415 | 19,641 |
Fin. Auth., Rev. Ref. Bonds (Community Foundation of Northwest Indiana Obligated Group), 5.00% 2036 | 3,000 | 3,504 |
Fin. Auth., Rev. Ref. Bonds (Trinity Health Credit Group), Series 2010-B, 5.00% 2028 | 2,000 | 2,290 |
Fin. Auth., State Revolving Fund Program Bonds, Series 2007-B, 5.00% 2024 (preref. 2018) | 5,535 | 5,907 |
Fin. Auth., State Revolving Fund Program Rev. Ref. Bonds, Series 2005-A, 5.25% 2017 (escrowed to maturity) | 1,500 | 1,536 |
Fin. Auth., Wastewater Utility Rev. Bonds (CWA Auth. Project), Series 2011-A, 5.25% 2031 | 5,000 | 5,982 |
Fin. Auth., Rev. Bonds (Greencroft Obligated Group), Series 2013-A, 7.00% 2043 | 1,000 | 1,197 |
Health and Educational Fac. Fncg. Auth., Hospital Rev. Bonds (Community Foundation of Northwest Indiana Obilgated Group), 5.25% 2017 | 525 | 539 |
Health and Educational Fac. Fncg. Auth., Hospital Rev. Bonds (Community Foundation of Northwest Indiana Obilgated Group), 5.25% 2017 (escrowed to maturity) | 875 | 899 |
Health and Educational Fac. Fncg. Auth., Hospital Rev. Bonds (Community Foundation of Northwest Indiana Obilgated Group), 5.50% 2022 | 1,745 | 1,794 |
Health and Educational Fac. Fncg. Auth., Hospital Rev. Bonds (Community Foundation of Northwest Indiana Obilgated Group), 5.50% 2022 (preref. 2017) | 3,255 | 3,348 |
Health and Educational Fac. Fncg. Auth., Hospital Rev. Bonds (Community Foundation of Northwest Indiana Obilgated Group), 5.50% 2027 | 2,035 | 2,088 |
Health and Educational Fac. Fncg. Auth., Hospital Rev. Bonds (Community Foundation of Northwest Indiana Obilgated Group), 5.50% 2027 (preref. 2017) | 1,665 | 1,713 |
Health and Educational Fac. Fncg. Auth., Hospital Rev. Bonds (Community Foundation of Northwest Indiana Obilgated Group), 5.50% 2037 | 3,390 | 3,471 |
Health and Educational Fac. Fncg. Auth., Hospital Rev. Bonds (Community Foundation of Northwest Indiana Obilgated Group), 5.50% 2037 (preref. 2017) | 3,095 | 3,184 |
Health and Educational Fac. Fncg. Auth., Rev. Ref. Bonds (Ascension Health Credit Group), Series 2006-B-5, 5.00% 2036 (preref. 2016) | 10,000 | 10,133 |
Trustees of Indiana University, Consolidated Rev. Bonds, Series 2009-A, 5.00% 2028 (preref. 2019) | 2,000 | 2,244 |
Trustees of Indiana University, Consolidated Rev. Ref. Bonds, Series 2006-R, AMBAC insured, 5.00% 2018 (preref. 2016) |
1,340 | 1,340 |
Trustees of Indiana University, Consolidated Rev. Ref. Bonds, Series 2012-A, 5.00% 2037 | 1,500 | 1,773 |
Trustees of Indiana University, Student Fee Rev. Ref. Bonds, Series O, FGIC-National insured, 5.375% 2016 | 4,690 | 4,691 |
The Tax-Exempt Bond Fund of America — Page 39 of 98
Bonds, notes & other debt instruments Indiana (continued) |
Principal amount (000) |
Value (000) |
Indianapolis, Local Public Improvement, Bond Bank Rev. Ref. Bonds (Waterworks Project), Series 2007-B, National insured, 5.25% 2023 | $10,420 | $12,676 |
Indianapolis, Local Public Improvement, Bond Bank Rev. Ref. Bonds (Waterworks Project), Series 2007-B, National insured, 5.25% 2023 | 6,055 | 7,442 |
Indianapolis, Local Public Improvement, Bond Bank Rev. Ref. Bonds, Series 2011-K, 5.00% 2024 | 2,000 | 2,330 |
Jasper County, Pollution Control Rev. Ref. Bonds (Northern Indiana Public Service Co. Project), Series 1988-A, National insured, 5.60% 2016 | 1,000 | 1,012 |
Jasper County, Pollution Control Rev. Ref. Bonds (Northern Indiana Public Service Co. Project), Series 1988-C, National insured, 5.60% 2016 | 1,000 | 1,012 |
Jasper County, Pollution Control Rev. Ref. Bonds (Northern Indiana Public Service Co. Project), Series 1988-C, National insured, 5.85% 2019 | 3,000 | 3,340 |
Jasper County, Pollution Control Rev. Ref. Bonds (Northern Indiana Public Service Co. Project), Series 2003, AMBAC insured, 5.70% 2017 | 3,000 | 3,132 |
Municipal Power Agcy., Power Supply System Rev. Bonds, Series 2009-B, 5.50% 2026 (preref. 2019) | 2,000 | 2,233 |
Municipal Power Agcy., Power Supply System Rev. Bonds, Series 2013-A, 5.00% 2042 | 2,750 | 3,219 |
Municipal Power Agcy., Power Supply System Rev. Bonds, Series 2013-A, 5.25% 2030 | 1,500 | 1,823 |
Municipal Power Agcy., Power Supply System Rev. Bonds, Series 2013-A, 5.25% 2032 | 2,000 | 2,421 |
Municipal Power Agcy., Power Supply System Rev. Bonds, Series 2013-A, 5.25% 2038 | 2,000 | 2,390 |
Municipal Power Agcy., Power Supply System Rev. Bonds, Series 2016-C, 5.00% 2036 | 14,205 | 17,322 |
Municipal Power Agcy., Power Supply System Rev. Bonds, Series 2016-C, 5.00% 2037 | 10,970 | 13,356 |
Municipal Power Agcy., Power Supply System Rev. Ref. Bonds, Series 2011-A, 5.00% 2031 | 2,000 | 2,297 |
North Side High School Building Corp. (Fort Wayne), First Mortgage Rev. Ref. Bonds, Series 2007, Assured Guaranty Municipal insured, 5.00% 2018 |
1,650 | 1,748 |
City of Petersburg, Pollution Control Rev. Ref. Bonds (Indianapolis Power & Light Co. Project), Series 1993-B, AMBAC insured, 5.40% 2017 | 5,000 | 5,236 |
Trustees of Purdue University, Certs. of Part., Series 2006, 5.25% 2018 | 1,130 | 1,231 |
Trustees of Purdue University, Certs. of Part., Series 2006, 5.25% 2019 | 1,430 | 1,620 |
Trustees of Purdue University, Certs. of Part., Series 2006, 5.25% 2025 | 1,980 | 2,571 |
Trustees of Purdue University, Purdue University Student Facs. System, Rev. Ref. Bonds., Series 2015-BB-1, 5.00% 2034 | 530 | 647 |
Trustees of Purdue University, Purdue University Student Fee Bonds, Rev. Ref. Bonds, Series 2012-AA, 5.00% 2030 |
1,500 | 1,822 |
Trustees of Purdue University, Purdue University Student Fee Bonds, Series 2015-BB-1, 5.00% 2032 | 470 | 578 |
Trustees of Purdue University, Purdue University Student Fee Bonds, Series 2015-BB-1, 5.00% 2033 | 1,530 | 1,874 |
Trustees of Purdue University, Purdue University Student Fee Bonds, Series X, 5.25% 2021 (preref. 2019) | 1,620 | 1,836 |
Trustees of Purdue University, Purdue University Student Fee Bonds, Series X, 5.25% 2022 (preref. 2019) | 1,825 | 2,068 |
Trustees of Purdue University, Purdue University Student Fee Bonds, Series X, 5.25% 2027 (preref. 2019) | 1,000 | 1,133 |
City of Rockport, Pollution Control Rev. Ref. Bonds (Indiana Michigan Power Co. Project), Series 2014-A, 1.75% 2025 (put 2018) | 1,000 | 1,010 |
Vanderburgh County, Redev. Dist., Tax Increment Rev. Bonds of 2006, 5.00% 2018 (preref. 2016) | 1,185 | 1,185 |
Vanderburgh County, Redev. Dist., Tax Increment Rev. Bonds of 2006, 5.00% 2019 (preref. 2016) | 1,245 | 1,245 |
Vanderburgh County, Redev. Dist., Tax Increment Rev. Bonds of 2006, 5.00% 2026 (preref. 2016) | 4,000 | 4,001 |
Hospital Auth. of Vigo County, Hospital Rev. Bonds (Union Hospital, Inc.), Series 2007, 5.75% 2042 | 2,000 | 2,056 |
263,772 | ||
Iowa 0.33% | ||
Fin. Auth., Single Family Mortgage Bonds (Mortgage-backed Securities Program), Series 2013-1, 2.15% 20433 |
675 | 649 |
Fin. Auth., Single Family Mortgage Bonds, Series 2016-A, 4.00% 2046 | 4,350 | 4,824 |
Fin. Auth., Midwestern Disaster Area Rev. Ref. Bonds (Iowa Fertilizer Co. Project), Series 2013, 5.00% 2019 |
16,670 | 17,340 |
Fin. Auth., Midwestern Disaster Area Rev. Ref. Bonds (Iowa Fertilizer Co. Project), Series 2013, 5.25% 2025 |
9,100 | 9,847 |
Fin. Auth., Midwestern Disaster Area Rev. Ref. Bonds (Iowa Fertilizer Co. Project), Series 2013, 5.50% 2022 |
2,000 | 2,082 |
The Tax-Exempt Bond Fund of America — Page 40 of 98
Bonds, notes & other debt instruments Iowa (continued) |
Principal amount (000) |
Value (000) |
IJOBS Program Special Obligation Bonds, Series 2009-A, 5.00% 2027 (preref. 2019) | $3,500 | $3,925 |
IJOBS Program Special Obligation Bonds, Series 2010-A, 5.00% 2029 | 4,590 | 5,288 |
Iowa Higher Education, Loan Auth. Rev. Ref. Bonds (Wartburg College), 5.00% 2037 | 1,000 | 1,031 |
44,986 | ||
Kansas 0.34% | ||
Dev. Fin. Auth., Hospital Rev. Ref. Bonds (Adventist Health System/Sunbelt Obligated Group), Series 2012-A, 5.00% 2032 | 1,500 | 1,785 |
Dev. Fin. Auth., Rev. Ref. Bonds (Lifespace Communities, Inc.), Series 2010-S, 5.00% 2030 | 5,625 | 6,253 |
City of Lenexa, Health Care Fac. Rev. Bonds (Lakeview Village, Inc. Project), Series 2009, 7.125% 2029 | 250 | 277 |
City of Lenexa, Health Care Fac. Rev. Bonds (Lakeview Village, Inc. Project), Series 2009, 7.25% 2039 | 750 | 828 |
City of Lenexa, Health Care Fac. Rev. Ref. and Improvement Bonds (Lakeview Village, Inc. Project), Series 2007, 5.25% 2022 |
2,500 | 2,546 |
City of Lenexa, Health Care Fac. Rev. Ref. and Improvement Bonds (Lakeview Village, Inc. Project), Series 2007, 5.50% 2039 |
14,500 | 14,688 |
City of Overland Park, Transportation Dev. Dist. Special Assessment Bonds (Tallgrass Creek Project), Series 2006, 4.85% 2016 |
175 | 175 |
City of Overland Park, Transportation Dev. Dist. Special Assessment Bonds (Tallgrass Creek Project), Series 2006, 5.125% 2028 |
1,894 | 1,910 |
Dept. of Transportation, Highway Rev. Ref. Bonds, Series 2012-B, 5.00% 2019 | 15,000 | 17,023 |
Unified Government of Wyandotte County, Special Obligation Improvement Rev. Ref. Bonds (Wyandotte Plaza Redev. Project), 4.00% 2028 | 975 | 998 |
Unified Government of Wyandotte County, Special Obligation Improvement Rev. Ref. Bonds (Wyandotte Plaza Redev. Project), 5.00% 2034 | 625 | 654 |
47,137 | ||
Kentucky 0.63% | ||
Asset/Liability Commission, Project Notes, Federal Highway Trust Fund, Series 2013-A, 5.25% 2024 | 5,000 | 6,230 |
Econ. Dev. Fin. Auth., Hospital Rev. Ref. Bonds (Baptist Healthcare System Obligated Group), Series 2009-A, 5.00% 2017 |
1,500 | 1,558 |
Econ. Dev. Fin. Auth., Hospital Rev. Ref. Bonds (Baptist Healthcare System Obligated Group), Series 2009-A, 5.375% 2024 |
1,000 | 1,084 |
Econ. Dev. Fin. Auth., Louisville Arena Project Rev. Bonds (Louisville Arena Auth., Inc.), Series 2008-A-1, Assured Guaranty insured, 6.00% 2033 | 1,000 | 1,077 |
Econ. Dev. Fin. Auth., Louisville Arena Project Rev. Bonds (Louisville Arena Auth., Inc.), Series 2008-A-1, Assured Guaranty insured, 6.00% 2042 | 3,000 | 3,226 |
Econ. Dev. Fin. Auth., Solid Waste Rev. Ref. Bonds (Republic Services, Inc. Project), Series 2010-B, 0.65% 2031 (put 2016) |
2,500 | 2,500 |
Housing Corp., Housing Rev. Bonds, Series 2013-D, 3.50% 2033 | 950 | 1,006 |
Louisville/Jefferson County, Metro Government, Health System Rev. Bonds (Norton Healthcare, Inc.), Series 2016-A, 5.00% 2030 |
2,500 | 3,081 |
Louisville/Jefferson County, Metro Government, Health System Rev. Bonds (Norton Healthcare, Inc.), Series 2016-A, 5.00% 2031 |
10,000 | 12,272 |
Louisville/Jefferson County, Metro Government, Health System Rev. Bonds (Norton Healthcare, Inc.), Series 2016-A, 5.00% 2032 |
6,250 | 7,645 |
Louisville/Jefferson County, Metro Government, Health System Rev. Bonds (Norton Healthcare, Inc.), Series 2016-A, 5.00% 2033 |
2,000 | 2,438 |
Electric Plant Board of the City of Paducah, Rev. Ref. Bonds, Series 2016-A, Assured Guaranty Municipal insured, 5.00% 2028 | 1,500 | 1,838 |
Electric Plant Board of the City of Paducah, Rev. Ref. Bonds, Series 2016-A, Assured Guaranty Municipal insured, 5.00% 2032 | 2,610 | 3,138 |
Electric Plant Board of the City of Paducah, Rev. Ref. Bonds, Series 2016-A, Assured Guaranty Municipal insured, 5.00% 2033 | 2,185 | 2,623 |
Electric Plant Board of the City of Paducah, Rev. Ref. Bonds, Series 2016-A, Assured Guaranty Municipal insured, 5.00% 2027 | 2,000 | 2,471 |
The Tax-Exempt Bond Fund of America — Page 41 of 98
Bonds, notes & other debt instruments Kentucky (continued) |
Principal amount (000) |
Value (000) |
Electric Plant Board of the City of Paducah, Rev. Ref. Bonds, Series 2016-A, Assured Guaranty Municipal insured, 5.00% 2025 | $1,500 | $1,849 |
Public Transportation Infrastructure Auth., Toll Rev. Bond Anticipation Notes (Downtown Crossing Project), Series 2013-A, 5.00% 2017 | 4,500 | 4,666 |
Public Transportation Infrastructure Auth., Toll Rev. Bonds (Downtown Crossing Project), Series 2013-A, 5.75% 2049 |
5,000 | 5,967 |
Public Transportation Infrastructure Auth., Toll Rev. Bonds (Downtown Crossing Project), Series 2013-A, 6.00% 2053 |
18,020 | 21,839 |
86,508 | ||
Louisiana 1.87% | ||
Aviation Board, General Airport Rev. Bonds (North Terminal Project), Series 2015-A, 5.00% 2033 | 845 | 1,007 |
Aviation Board, General Airport Rev. Bonds (North Terminal Project), Series 2015-A, 5.00% 2034 | 1,940 | 2,306 |
Aviation Board, General Airport Rev. Bonds (North Terminal Project), Series 2015-A, 5.00% 2040 | 2,050 | 2,410 |
Aviation Board, General Airport Rev. Bonds (North Terminal Project), Series 2015-A, 5.00% 2045 | 2,500 | 2,922 |
Citizens Property Insurance Corp., Assessment Rev. Ref. Bonds, Series 2012, 5.00% 2024 | 1,750 | 2,144 |
Citizens Property Insurance Corp., Assessment Rev. Ref. Bonds, Series 2016-A, 5.00% 2025 | 3,600 | 4,544 |
Citizens Property Insurance Corp., Assessment Rev. Ref. Bonds, Series 2016-A, 5.00% 2026 | 12,000 | 15,307 |
East Baton Rouge Mortgage Fin. Auth., Single Family Mortgage Rev. Ref. Bonds (Mortgage-backed Securities Program), Series 2009-A-2, 5.25% 2039 | 415 | 431 |
G.O. Bonds, Series 2011-A, 5.00% 2022 | 10,000 | 11,693 |
Housing Fin. Agcy., Single Family Mortgage Rev. Bonds (Home Ownership Program), Series 2007-A-1, 5.85% 2038 |
825 | 861 |
Jefferson Parish Fin. Auth., Single Family Mortgage Rev. Bonds, Series 2007-C, 5.70% 2039 | 200 | 208 |
Jefferson Parish Hospital Dist. No. 1, Parish of Jefferson, Hospital Rev. Ref. Bonds (West Jefferson Medical Center), Series 2011-A, 6.00% 2039 (preref. 2021) | 6,500 | 7,923 |
Juban Crossing, Econ. Dev. Rev. Ref. Bonds (Drainage Project), Series 2015-C, 7.00% 20442 | 1,000 | 1,082 |
Lafayette Public Trust Fncg. Auth., Single Family Mortgage Rev. Bonds (Mortgage-backed Securities Program), Series 2007 (Go Zone), 5.35% 2041 | 833 | 850 |
Local Government Environmental Facs. and Community Dev. Auth., Rev. Bonds (Westlake Chemical Corp. Projects), Series 2007, 6.75% 2032 |
24,560 | 26,299 |
Local Government Environmental Facs. and Community Dev. Auth., Rev. Bonds (Westlake Chemical Corp. Projects), Series 2009-A, 6.50% 2029 |
3,100 | 3,698 |
Local Government Environmental Facs. and Community Dev. Auth., Rev. Bonds (Westlake Chemical Corp. Projects), Series 2010-A-1, 6.50% 2035 |
11,275 | 13,596 |
Local Government Environmental Facs. and Community Dev. Auth., Rev. Bonds (Westlake Chemical Corp. Projects), Series 2010-A-2, 6.50% 2035 |
3,500 | 4,220 |
Louisiana Stadium and Exposition Dist., Rev. Ref. Bonds, Series 2013-A, 5.00% 2024 | 2,000 | 2,433 |
Louisiana Stadium and Exposition Dist., Rev. Ref. Bonds, Series 2013-A, 5.00% 2025 | 5,000 | 6,042 |
Louisiana Stadium and Exposition Dist., Rev. Ref. Bonds, Series 2013-A, 5.00% 2032 | 2,500 | 2,938 |
Military Dept., Custodial Receipts, 5.00% 2021 | 10,435 | 10,659 |
City of New Orleans, Sewerage Service Rev. and Ref. Bonds, Series 2015, 5.00% 2030 | 900 | 1,088 |
City of New Orleans, Sewerage Service Rev. and Ref. Bonds, Series 2015, 5.00% 2033 | 1,000 | 1,198 |
City of New Orleans, Sewerage Service Rev. and Ref. Bonds, Series 2015, 5.00% 2034 | 1,000 | 1,194 |
City of New Orleans, Sewerage Service Rev. and Ref. Bonds, Series 2015, 5.00% 2040 | 3,000 | 3,553 |
City of New Orleans, Sewerage Service Rev. and Ref. Bonds, Series 2015, 5.00% 2040 | 2,000 | 2,359 |
City of New Orleans, Sewerage Service Rev. and Ref. Bonds, Series 2015, 5.00% 2045 | 5,000 | 5,889 |
City of New Orleans, Sewerage Service Rev. and Ref. Bonds, Series 2015, 5.00% 2045 | 1,350 | 1,588 |
City of New Orleans, Water Rev. and Ref. Bonds, Series 2014, 5.00% 2029 | 900 | 1,094 |
City of New Orleans, Water Rev. and Ref. Bonds, Series 2014, 5.00% 2032 | 1,000 | 1,201 |
City of New Orleans, Water Rev. and Ref. Bonds, Series 2014, 5.00% 2044 | 4,000 | 4,673 |
Public Facs. Auth., Hospital Rev. Ref. Bonds (Franciscan Missionaries of Our Lady Health System Project), Series 2015-A, 5.00% 2033 | 5,000 | 6,018 |
Public Facs. Auth., Rev. Bonds (Ochsner Clinic Foundation Project), 5.00% 2026 | 375 | 470 |
Public Facs. Auth., Rev. Bonds (Ochsner Clinic Foundation Project), 5.00% 2032 | 2,000 | 2,427 |
The Tax-Exempt Bond Fund of America — Page 42 of 98
Bonds, notes & other debt instruments Louisiana (continued) |
Principal amount (000) |
Value (000) |
Public Facs. Auth., Rev. Bonds (Ochsner Clinic Foundation Project), 5.00% 2033 | $3,455 | $4,180 |
Public Facs. Auth., Rev. Bonds (Ochsner Clinic Foundation Project), 5.00% 2047 | 2,350 | 2,771 |
Public Facs. Auth., Rev. Bonds (Ochsner Clinic Foundation Project), Series 2007-A, 5.25% 2038 | 4,855 | 5,002 |
Public Facs. Auth., Rev. Bonds (Ochsner Clinic Foundation Project), Series 2007-A, 5.25% 2038 (preref. 2017) | 1,840 | 1,910 |
Public Facs. Auth., Rev. Bonds (Ochsner Clinic Foundation Project), Series 2007-A, 5.375% 2043 | 1,265 | 1,305 |
Public Facs. Auth., Rev. Bonds (Ochsner Clinic Foundation Project), Series 2007-A, 5.375% 2043 (preref. 2017) | 475 | 493 |
Public Facs. Auth., Rev. Bonds (Ochsner Clinic Foundation Project), Series 2007-B, 5.25% 2027 | 1,090 | 1,126 |
Public Facs. Auth., Rev. Bonds (Ochsner Clinic Foundation Project), Series 2007-B, 5.25% 2027 (preref. 2017) | 410 | 426 |
Public Facs. Auth., Rev. Bonds (Ochsner Clinic Foundation Project), Series 2011, 6.25% 2031 (preref. 2021) | 2,500 | 3,128 |
Public Facs. Auth., Rev. Bonds (Ochsner Clinic Foundation Project), Series 2011, 6.50% 2037 (preref. 2021) | 2,420 | 3,056 |
Public Facs. Auth., Rev. Bonds (Ochsner Clinic Foundation Project), Series 2011, 6.75% 2041 (preref. 2021) | 2,000 | 2,549 |
Public Facs. Auth., Rev. Ref. Bonds (CHRISTUS Health), Series 2009-A, 6.00% 2029 | 3,000 | 3,422 |
Public Facs. Auth., Rev. Ref. Bonds (Entergy Louisiana, LLC Project), Series 2016-A, 3.375% 2028 | 250 | 261 |
Public Facs. Auth., Rev. Ref. Bonds (Entergy Louisiana, LLC Project), Series 2016-B, 3.50% 2030 | 500 | 524 |
Public Facs. Auth., Rev. Ref. Bonds (Nineteenth Judicial Dist. Court Building Project), Assured Guaranty Municipal insured, 5.25% 2051 | 13,405 | 15,833 |
Public Facs. Auth., Rev. Ref. Bonds (Ochsner Clinic Foundation Project), Series 2016, 4.00% 2035 | 2,500 | 2,723 |
Public Facs. Auth., Rev. Ref. Bonds (Ochsner Clinic Foundation Project), Series 2016, 4.00% 2036 | 500 | 544 |
Public Facs. Auth., Rev. Ref. Bonds (Ochsner Clinic Foundation Project), Series 2016, 4.00% 2041 | 1,000 | 1,091 |
Public Facs. Auth., Rev. Ref. Bonds (Ochsner Clinic Foundation Project), Series 2016, 5.00% 2032 | 500 | 610 |
Public Facs. Auth., Rev. Ref. Bonds (Ochsner Clinic Foundation Project), Series 2016, 5.00% 2034 | 4,750 | 5,760 |
Public Facs. Auth., Rev. Ref. Bonds (Ochsner Clinic Foundation Project), Series 2016, 5.00% 2047 | 1,200 | 1,433 |
Regional Transit Auth. (New Orleans), Sales Tax Rev. Bonds, Series 2010, Assured Guaranty Municipal insured, 5.00% 2030 | 1,000 | 1,149 |
Parish of St. Charles, Gulf Opportunity Zone Rev. Bonds (Valero Project), Series 2010, 4.00% 2040 (put 2022) | 1,100 | 1,227 |
Parish of St. John the Baptist, Rev. Bonds (Marathon Oil Corp. Project), Series 2007-A, 5.125% 2037 | 2,000 | 2,046 |
Fin. Auth. of St. Tammany Parish, Single Family Mortgage Rev. Bonds (Home Ownership Program), Series 2007-A, 4.85% 2039 | 233 | 234 |
St. Tammany Public Trust Fncg. Auth., Rev. Ref. Bonds (Christwood Project), 5.00% 2024 | 625 | 703 |
St. Tammany Public Trust Fncg. Auth., Rev. Ref. Bonds (Christwood Project), 5.25% 2029 | 1,150 | 1,259 |
Tobacco Settlement Fncg. Corp., Tobacco Settlement Asset-Backed Ref. Bonds, Series 2013-A, 5.00% 2025 | 640 | 642 |
Tobacco Settlement Fncg. Corp., Tobacco Settlement Asset-Backed Ref. Bonds, Series 2013-A, 5.00% 2026 | 7,500 | 7,745 |
Tobacco Settlement Fncg. Corp., Tobacco Settlement Asset-Backed Ref. Bonds, Series 2013-A, 5.50% 2028 | 19,425 | 20,894 |
Tobacco Settlement Fncg. Corp., Tobacco Settlement Asset-Backed Ref. Bonds, Series 2013-A, 5.50% 2029 | 5,000 | 5,518 |
Tobacco Settlement Fncg. Corp., Tobacco Settlement Asset-Backed Rev. Ref. Bonds, Series 2013-A, 5.00% 2027 |
2,950 | 3,054 |
258,943 | ||
Maine 0.22% | ||
Health and Higher Educational Facs. Auth., Rev. Bonds (MaineGeneral Medical Center Issue), 6.75% 2036 | 8,000 | 9,178 |
Health and Higher Educational Facs. Auth., Rev. Bonds (MaineGeneral Medical Center Issue), 6.75% 2041 | 2,000 | 2,292 |
Health and Higher Educational Facs. Auth., Rev. Bonds (MaineGeneral Medical Center Issue), 7.00% 2041 | 500 | 579 |
Health and Higher Educational Facs. Auth., Rev. Bonds (Eastern Maine Healthcare Systems Obligated Group Issue), Series 2016-A, 5.00% 2041 | 500 | 580 |
Health and Higher Educational Facs. Auth., Rev. Bonds (Eastern Maine Healthcare Systems Obligated Group Issue), Series 2016-A, 5.00% 2046 | 3,750 | 4,339 |
Housing Auth., Mortgage Purchase Bonds, Series 2016-B-1, 3.50% 2046 | 6,150 | 6,641 |
Housing Auth., Mortgage Purchase Bonds, Series 2016-C, 3.50% 2046 | 4,000 | 4,347 |
Housing Auth., Mortgage Purchase Rev. Ref. Bonds, Series 2013-B, 4.00% 2043 | 450 | 479 |
Housing Auth., Mortgage Purchase Rev. Ref. Bonds, Series 2015-B, 3.50% 2040 | 1,645 | 1,758 |
30,193 |
The Tax-Exempt Bond Fund of America — Page 43 of 98
Bonds, notes & other debt instruments Maryland 2.80% |
Principal amount (000) |
Value (000) |
City of Annapolis, Econ. Dev. Rev. Bonds (St. John’s College Fac.), Series 2007-B, 5.00% 2032 (preref. 2017) | $1,000 | $1,051 |
Anne Arundel County, Consolidated Special Taxing Dist. Ref. Bonds (Villages of Dorchester and Farmington Village Projects), Series 2013, 5.00% 2022 | 500 | 596 |
Anne Arundel County, Consolidated Special Taxing Dist. Ref. Bonds (Villages of Dorchester and Farmington Village Projects), Series 2013, 5.00% 2023 | 225 | 273 |
Anne Arundel County, Consolidated Special Taxing Dist. Ref. Bonds (Villages of Dorchester and Farmington Village Projects), Series 2013, 5.00% 2032 | 1,000 | 1,187 |
Anne Arundel County, Special Obligation Bonds (National Business Park-North Project), Series 2010, National insured, 6.10% 2040 | 2,250 | 2,385 |
Baltimore County, G.O. Bonds, Consolidated Public Improvement Bonds, Series 2014-B, 4.00% 2016 | 3,625 | 3,626 |
Baltimore County, G.O. Bonds, Metropolitan Dist. Bonds (71st Issue), 4.625% 2028 (preref. 2018) | 750 | 796 |
Baltimore County, G.O. Bonds, Metropolitan Dist.74 Ref. Bonds, Series 2009, 5.00% 2017 | 2,575 | 2,635 |
Baltimore County, Rev. Bonds (Catholic Health Initiatives), Series 2006-A, 5.00% 2020 (preref. 2016) | 1,000 | 1,004 |
Baltimore County, Rev. Ref. Bonds (Oak Crest Village, Inc. Fac.), Series 2007-A, 5.00% 2022 | 4,650 | 4,733 |
Baltimore County, Rev. Ref. Bonds (Oak Crest Village, Inc. Fac.), Series 2007-A, 5.00% 2027 | 2,000 | 2,032 |
Baltimore County, Rev. Ref. Bonds (Oak Crest Village, Inc. Fac.), Series 2007-A, 5.00% 2037 | 19,000 | 19,275 |
Mayor and City Council of Baltimore, Convention Center Hotel Rev. Bonds, Series 2006-A, XLCA insured, 5.25% 2018 |
1,000 | 1,004 |
Mayor and City Council of Baltimore, Convention Center Hotel Rev. Bonds, Series 2006-A, XLCA insured, 5.25% 2019 |
1,000 | 1,003 |
Mayor and City Council of Baltimore, Convention Center Hotel Rev. Bonds, Series 2006-A, XLCA insured, 5.25% 2023 |
1,000 | 1,003 |
Mayor and City Council of Baltimore, Project and Rev. Ref. Bonds (Water Projects), Series 1994-A, FGIC insured, 5.00% 2024 | 1,995 | 2,246 |
Mayor and City Council of Baltimore, Project Rev. Bonds (Water Projects), Series 2011-A, 5.00% 2041 | 1,000 | 1,164 |
Mayor and City Council of Baltimore, Rev. Bonds (Wastewater Projects), Series 2014-C, 5.00% 2032 | 2,000 | 2,454 |
Mayor and City Council of Baltimore, Rev. Bonds (Wastewater Projects), Series 2014-C, 5.00% 2044 | 5,000 | 6,011 |
Mayor and City Council of Baltimore, Rev. Bonds (Water Projects), Series 2014-A, 5.00% 2044 | 1,500 | 1,803 |
Mayor and City Council of Baltimore, Rev. Ref. Bonds (Wastewater Projects), Series 2014, 5.00% 2039 | 2,215 | 2,672 |
Carroll County, G.O. Bonds, Consolidated Public Improvement Bonds of 2008, 5.00% 2021 | 2,800 | 3,078 |
Charles County, G.O. Bonds, County Commissioners of Charles County, Consolidated Public Improvement Bonds of 2009, Series B, 4.25% 2028 (preref. 2019) | 1,000 | 1,091 |
Community Dev. Administration, Dept. of Housing and Community Dev., Housing Rev. Bonds, Series 2015-B, 4.05% 2040 |
2,500 | 2,665 |
Community Dev. Administration, Dept. of Housing and Community Dev., Residential Rev. Ref. Bonds, Series 2015-A, 3.50% 2045 |
3,340 | 3,596 |
Community Dev. Administration, Dept. of Housing and Community Dev., Single Family Housing Rev. Bonds, Series 2011-B, 4.00% 2027 | 830 | 870 |
Econ. Dev. Corp., Senior Student Housing Rev. Ref. Bonds (University of Maryland, Baltimore Project), Series 2015, 5.00% 2035 |
1,000 | 1,133 |
Econ. Dev. Corp., Senior Student Housing Rev. Ref. Bonds (University of Maryland, Baltimore Project), Series 2015, 5.00% 2039 |
2,605 | 2,939 |
Econ. Dev. Corp., Student Housing Rev. Bonds (Towson University Project), Series 2007-A, 5.25% 2024 | 3,000 | 3,116 |
Econ. Dev. Corp., Student Housing Rev. Bonds (Towson University Project), Series 2007-A, 5.25% 2037 | 3,265 | 3,372 |
Econ. Dev. Corp., Student Housing Rev. Bonds (Towson University Project), Series 2012, 5.00% 2027 | 700 | 816 |
Econ. Dev. Corp., Student Housing Rev. Bonds (Towson University Project), Series 2012, 5.00% 2029 | 250 | 290 |
Econ. Dev. Corp., Student Housing Rev. Bonds (University of Maryland, College Park Projects), Series 2008, 5.25% 2023 (preref. 2018) | 1,300 | 1,411 |
Econ. Dev. Corp., Student Housing Rev. Bonds (University of Maryland, College Park Projects), Series 2008, 5.80% 2038 (preref. 2018) | 3,000 | 3,287 |
Econ. Dev. Corp., Student Housing Rev. Bonds (University of Maryland, College Park Projects), Series 2008, 5.875% 2043 (preref. 2018) | 950 | 1,042 |
Econ. Dev. Corp., Student Housing Rev. Ref. Bonds (Frostburg State University Project), Series 2013, 5.00% 2023 |
1,010 | 1,175 |
The Tax-Exempt Bond Fund of America — Page 44 of 98
Bonds, notes & other debt instruments Maryland (continued) |
Principal amount (000) |
Value (000) |
Econ. Dev. Corp., Student Housing Rev. Ref. Bonds (Frostburg State University Project), Series 2013, 5.00% 2033 |
$1,000 | $1,127 |
Econ. Dev. Corp., Student Housing Rev. Ref. Bonds (Morgan State University Project), Series 2012, 5.00% 2034 |
2,930 | 3,243 |
Econ. Dev. Corp., Student Housing Rev. Ref. Bonds (University of Maryland, College Park Projects), Assured Guaranty Municipal insured, 4.00% 2024 | 1,350 | 1,591 |
Econ. Dev. Corp., Student Housing Rev. Ref. Bonds (University of Maryland, College Park Projects), Assured Guaranty Municipal insured, 5.00% 2028 | 920 | 1,169 |
Econ. Dev. Corp., Student Housing Rev. Ref. Bonds (University of Maryland, College Park Projects), Assured Guaranty Municipal insured, 5.00% 2029 | 900 | 1,139 |
Econ. Dev. Corp., Student Housing Rev. Ref. Bonds (University of Maryland, College Park Projects), Assured Guaranty Municipal insured, 5.00% 2031 | 1,000 | 1,255 |
Econ. Dev. Corp., Student Housing Rev. Ref. Bonds (University of Maryland, College Park Projects), Assured Guaranty Municipal insured, 5.00% 2035 | 2,265 | 2,798 |
Econ. Dev. Corp., Student Housing Rev. Ref. Bonds (University of Maryland, College Park Projects), Assured Guaranty Municipal insured, 5.00% 2043 | 1,250 | 1,522 |
Econ. Dev. Corp., Utility Infrastructure Rev. Ref. Bonds (University of Maryland, College Park Project), Series 2011, 5.00% 2018 |
3,000 | 3,231 |
Econ. Dev. Corp., Rev. Ref. Bonds (Constellation Energy Group, Inc. Project), Series 2006-B, 2.55% 2025 (put 2020) |
1,835 | 1,881 |
Econ. Dev. Corp., Student Housing Rev. Ref. Bonds (Bowie State University Project), Series 2015, 5.00% 20332 | 2,540 | 2,725 |
Frederick County, G.O. Public Facs. Bonds of 2008, 5.00% 2021 (preref. 2018) |
2,005 | 2,168 |
Frederick County, G.O. Public Facs. Bonds of 2008, 5.00% 2024 (preref. 2018) |
1,000 | 1,082 |
Frederick County, Special Obligation Bonds (Urbana Community Dev. Auth.), Series 2010-A, 5.00% 2023 | 2,795 | 3,210 |
Frederick County, Special Obligation Bonds (Urbana Community Dev. Auth.), Series 2010-A, 5.00% 2024 | 1,000 | 1,146 |
Frederick County, Special Obligation Bonds (Urbana Community Dev. Auth.), Series 2010-A, 5.00% 2030 | 3,000 | 3,416 |
G.O. Bonds, State and Local Facs. Loan of 2008, Second Series, 5.00% 2021 (preref. 2018) | 2,000 | 2,174 |
G.O. Bonds, State and Local Facs. Loan of 2009, Second Series B, 5.00% 2020 | 3,000 | 3,394 |
G.O. Bonds, State and Local Facs. Loan of 2011, Second Series B, 5.00% 2023 (preref. 2019) | 2,000 | 2,258 |
G.O. Bonds, State and Local Facs., First Series 2012- C, 4.00% 2016 | 8,125 | 8,138 |
G.O. Bonds, State and Local Facs., Second Series, 5.00% 2018 (preref. 2016) | 1,000 | 1,000 |
G.O. Bonds, State and Local Facs., Series 2011-E, 5.00% 2016 | 11,820 | 11,823 |
G.O. Ref. Bonds, State and Local Facs. Loan of 2010, First Series B, 5.00% 2022 | 2,000 | 2,296 |
City of Gaithersburg, Econ. Dev. Rev. Ref. Bonds (Asbury Maryland Obligated Group), Series 2006-A, 5.125% 2026 |
3,265 | 3,303 |
City of Gaithersburg, Econ. Dev. Rev. Ref. Bonds (Asbury Maryland Obligated Group), Series 2009-B, 6.00% 2023 |
1,750 | 1,971 |
City of Gaithersburg, Econ. Dev. Rev. Ref. Bonds (Asbury Maryland Obligated Group), Series 2006-A, 5.125% 2036 |
1,560 | 1,574 |
Health and Higher Educational Facs. Auth., Rev. Ref. Bonds (Meritus Medical Center), Series 2015, 5.00% 2045 |
1,000 | 1,175 |
Health and Higher Educational Facs. Auth., Rev. Bonds (Johns Hopkins University Issue), Series 2015-A, 5.00% 2028 |
1,650 | 2,085 |
Health and Higher Educational Facs. Auth., Rev. Bonds (LifeBridge Health Issue), 5.00% 2040 | 1,000 | 1,199 |
Health and Higher Educational Facs. Auth., Rev. Bonds (LifeBridge Health Issue), 5.00% 2047 | 4,000 | 4,770 |
Health and Higher Educational Facs. Auth., Rev. Bonds (LifeBridge Health Issue), Assured Guaranty insured, 5.00% 2019 | 1,280 | 1,336 |
Health and Higher Educational Facs. Auth., Rev. Bonds (LifeBridge Health Issue), Assured Guaranty insured, 5.00% 2019 (preref. 2017) | 220 | 229 |
Health and Higher Educational Facs. Auth., Rev. Bonds (LifeBridge Health Issue), Assured Guaranty insured, 5.00% 2020 | 2,320 | 2,418 |
Health and Higher Educational Facs. Auth., Rev. Bonds (LifeBridge Health Issue), Assured Guaranty insured, 5.00% 2020 (preref. 2017) | 390 | 406 |
The Tax-Exempt Bond Fund of America — Page 45 of 98
Bonds, notes & other debt instruments Maryland (continued) |
Principal amount (000) |
Value (000) |
Health and Higher Educational Facs. Auth., Rev. Bonds (LifeBridge Health Issue), Assured Guaranty insured, 5.00% 2028 | $615 | $637 |
Health and Higher Educational Facs. Auth., Rev. Bonds (LifeBridge Health Issue), Assured Guaranty insured, 5.00% 2028 (preref. 2017) | 385 | 401 |
Health and Higher Educational Facs. Auth., Rev. Bonds (LifeBridge Health Issue), Series 2011, 5.50% 2026 | 700 | 831 |
Health and Higher Educational Facs. Auth., Rev. Bonds (LifeBridge Health Issue), Series 2011, 5.75% 2031 | 2,000 | 2,375 |
Health and Higher Educational Facs. Auth., Rev. Bonds (LifeBridge Health Issue), Series 2011, 6.00% 2025 | 425 | 516 |
Health and Higher Educational Facs. Auth., Rev. Bonds (Mercy Medical Center Issue), Series 2007-A, 5.00% 2032 (preref. 2017) | 2,000 | 2,075 |
Health and Higher Educational Facs. Auth., Rev. Bonds (Mercy Medical Center Issue), Series 2016-A, 4.00% 2042 |
4,475 | 4,819 |
Health and Higher Educational Facs. Auth., Rev. Bonds (Mercy Medical Center Issue), Series 2016-A, 5.00% 2032 |
800 | 980 |
Health and Higher Educational Facs. Auth., Rev. Bonds (Mercy Medical Center Issue), Series 2016-A, 5.00% 2033 |
1,000 | 1,221 |
Health and Higher Educational Facs. Auth., Rev. Bonds (Mercy Medical Center Issue), Series 2016-A, 5.00% 2034 |
1,800 | 2,191 |
Health and Higher Educational Facs. Auth., Rev. Bonds (Mercy Medical Center Issue), Series 2016-A, 5.00% 2036 |
1,500 | 1,808 |
Health and Higher Educational Facs. Auth., Rev. Bonds (Peninsula Regional Medical Center Issue), Series 2015, 5.00% 2045 |
2,735 | 3,218 |
Health and Higher Educational Facs. Auth., Rev. Bonds (University of Maryland Medical System Issue), Series 2010, 5.00% 2034 |
1,000 | 1,089 |
Health and Higher Educational Facs. Auth., Rev. Bonds (University of Maryland Medical System Issue), Series 2010, 5.25% 2024 |
1,240 | 1,383 |
Health and Higher Educational Facs. Auth., Rev. Bonds (University of Maryland Medical System Issue), 5.00% 2028 |
1,035 | 1,282 |
Health and Higher Educational Facs. Auth., Rev. Bonds (Washington County Hospital Issue), Series 2008, 5.75% 2033 (preref. 2018) | 3,095 | 3,324 |
Health and Higher Educational Facs. Auth., Rev. Bonds (Washington County Hospital Issue), Series 2008, 5.75% 2038 (preref. 2018) | 1,000 | 1,074 |
Health and Higher Educational Facs. Auth., Rev. Ref. Bonds (Anne Arundel Health System Issue), Series 2012, 4.00% 2034 | 1,000 | 1,063 |
Health and Higher Educational Facs. Auth., Rev. Ref. Bonds (Anne Arundel Health System Issue), Series 2012, 5.00% 2021 | 800 | 956 |
Health and Higher Educational Facs. Auth., Rev. Ref. Bonds (Anne Arundel Health System Issue), Series 2012, 5.00% 2027 | 400 | 471 |
Health and Higher Educational Facs. Auth., Rev. Ref. Bonds (Anne Arundel Health System Issue), Series 2014, 5.00% 2039 | 2,000 | 2,333 |
Health and Higher Educational Facs. Auth., Rev. Ref. Bonds (Carroll Hospital Center Issue), Series 2012-A, 5.00% 2037 | 1,530 | 1,752 |
Health and Higher Educational Facs. Auth., Rev. Ref. Bonds (Charlestown Community Issue), Series 2010, 6.125% 2030 |
1,750 | 2,072 |
Health and Higher Educational Facs. Auth., Rev. Ref. Bonds (Charlestown Community Issue), Series 2010, 6.25% 2045 | 1,000 | 1,185 |
Health and Higher Educational Facs. Auth., Rev. Ref. Bonds (Edenwald Issue), Series 2015, 5.25% 2037 | 2,000 | 2,334 |
Health and Higher Educational Facs. Auth., Rev. Ref. Bonds (Frederick Memorial Hospital Issue), Series 2012-A, 4.00% 2038 |
1,000 | 1,055 |
Health and Higher Educational Facs. Auth., Rev. Ref. Bonds (Johns Hopkins Health System Obligated Group Issue), Series 2012-D, 1.143% 2038 (put 2017)1 | 2,995 | 2,996 |
Health and Higher Educational Facs. Auth., Rev. Ref. Bonds (LifeBridge Health Issue), Series 2008, Assured Guaranty insured, 4.75% 2038 |
1,000 | 1,024 |
Health and Higher Educational Facs. Auth., Rev. Ref. Bonds (MedStar Health Issue), 5.00% 2038 | 9,000 | 10,679 |
Health and Higher Educational Facs. Auth., Rev. Ref. Bonds (MedStar Health Issue), 5.00% 2042 | 6,970 | 8,277 |
The Tax-Exempt Bond Fund of America — Page 46 of 98
Bonds, notes & other debt instruments Maryland (continued) |
Principal amount (000) |
Value (000) |
Health and Higher Educational Facs. Auth., Rev. Ref. Bonds (Mercy Medical Center Issue), Series 2012, 5.00% 2031 |
$1,000 | $1,145 |
Health and Higher Educational Facs. Auth., Rev. Ref. Bonds (Mercy Ridge Issue), Series 2007, 4.50% 2022 | 1,065 | 1,090 |
Health and Higher Educational Facs. Auth., Rev. Ref. Bonds (Mercy Ridge Issue), Series 2007, 4.75% 2034 | 3,590 | 3,653 |
Health and Higher Educational Facs. Auth., Rev. Ref. Bonds (Meritus Medical Center), Series 2015, 5.00% 2040 |
1,000 | 1,181 |
Howard County, Housing Commission, Rev. Bonds (The Verona at Oakland Mills Project), Series 2013, 5.00% 2028 |
4,000 | 4,680 |
Howard County, Special Obligation Bonds (Annapolis Junction Town Center Project), Series 2014, 6.10% 2044 |
1,420 | 1,568 |
Howard County, G.O. Consolidated Public Improvement Bonds, Series 2009-A, 5.00% 2023 (preref. 2019) | 2,970 | 3,318 |
City of Hyattsville, Special Obligation Bonds (University Town Center Project), Series 2004, 5.75% 2034 | 3,650 | 3,657 |
Health and Higher Educational Facs. Auth., Rev. Ref. Bonds (Loyola University Maryland Issue), 5.00% 2027 | 125 | 156 |
Health and Higher Educational Facs. Auth., Rev. Ref. Bonds (Loyola University Maryland Issue), 5.00% 2028 | 215 | 266 |
Health and Higher Educational Facs. Auth., Rev. Ref. Bonds (Loyola University Maryland Issue), 5.00% 2032 | 165 | 201 |
G.O. Bonds, State and Local Facs., 2009-C, 5.00% 2016 | 8,640 | 8,742 |
Montgomery County, Housing Opportunities Commission, Multi-family Housing Dev. Bonds, Series 2004-A, 4.65% 2030 | 2,670 | 2,674 |
Montgomery County, G.O. Consolidated Public Improvement Bonds (Tax-Exempt Bonds), Series 2010-A, 5.00% 2016 | 1,000 | 1,000 |
Montgomery County, G.O. Consolidated Public Improvement Bonds, Series 2007-A, 5.00% 2020 (preref. 2017) |
1,000 | 1,034 |
Montgomery County, G.O. Consolidated Public Improvement Bonds, Series 2008-A, 5.00% 2016 | 2,550 | 2,551 |
Montgomery County, G.O. Consolidated Public Improvement Bonds, Series 2008-A, 5.00% 2018 | 3,000 | 3,269 |
Montgomery County, G.O. Consolidated Public Improvement Bonds, Series 2012-A, 5.00% 2019 | 10,000 | 11,415 |
Montgomery County, G.O. Consolidated Public Improvement Bonds, Series 2014-A, 5.00% 2016 | 700 | 708 |
Montgomery County, Housing Opportunities Commission, Single Family Housing Rev. Bonds, Series 2013-A, 4.00% 2031 | 3,540 | 3,711 |
Montgomery County, Housing Opportunities Commission, Single Family Housing Rev. Ref. Bonds, Series 2012-A, 5.00% 2043 |
645 | 693 |
Montgomery County, Rev. Bonds (Dept. of Liquor Control), Series 2009-A, 5.00% 2026 | 3,010 | 3,321 |
Montgomery County, Rev. Bonds (Dept. of Liquor Control), Series 2009-A, 5.00% 2027 | 1,475 | 1,625 |
Montgomery County, Rev. Bonds (Dept. of Liquor Control), Series 2009-A, 5.00% 2028 | 1,515 | 1,661 |
Montgomery County, Rev. Ref. Bonds (Trinity Health Credit Group), 5.00% 2044 | 3,000 | 3,618 |
Montgomery County, Rev. Ref. Bonds (Trinity Health Credit Group), 5.00% 2045 | 1,000 | 1,230 |
Montgomery County, Rev. Ref. Bonds (Trinity Health Credit Group), Series 2011, 5.00% 2040 | 1,100 | 1,262 |
Morgan State University, Public Higher Education Institution of the State of Maryland, Academic Fees and Auxiliary Facs. Fees Rev. Ref. Bonds, Series 2012, 5.00% 2021 | 230 | 272 |
Morgan State University, Public Higher Education Institution of the State of Maryland, Academic Fees and Auxiliary Facs. Fees Rev. Ref. Bonds, Series 2012, 5.00% 2022 | 360 | 435 |
Morgan State University, Public Higher Education Institution of the State of Maryland, Academic Fees and Auxiliary Facs. Fees Rev. Ref. Bonds, Series 2012, 5.00% 2023 | 320 | 387 |
Morgan State University, Public Higher Education Institution of the State of Maryland, Academic Fees and Auxiliary Facs. Fees Rev. Ref. Bonds, Series 2012, 5.00% 2024 | 600 | 725 |
Morgan State University, Public Higher Education Institution of the State of Maryland, Academic Fees and Auxiliary Facs. Fees Rev. Ref. Bonds, Series 2012, 5.00% 2028 | 300 | 356 |
Morgan State University, Public Higher Education Institution of the State of Maryland, Academic Fees and Auxiliary Facs. Fees Rev. Ref. Bonds, Series 2012, 5.00% 2030 | 150 | 178 |
Morgan State University, Public Higher Education Institution of the State of Maryland, Academic Fees and Auxiliary Facs. Fees Rev. Ref. Bonds, Series 2012, 5.00% 2032 | 225 | 265 |
Prince George’s County, Rev. Auth., Special Obligation Bonds (Suitland-Naylor Road Project), Series 2016, 4.75% 20362 | 1,750 | 1,834 |
Prince George’s County, G.O. Consolidated Public Improvement Bonds, Series 2007-A, 5.00% 2021 (preref. 2017) |
2,000 | 2,087 |
Prince George’s County, G.O. Consolidated Public Improvement Ref. Bonds, Series 2007-B, 5.00% 2017 | 945 | 986 |
The Tax-Exempt Bond Fund of America — Page 47 of 98
Bonds, notes & other debt instruments Maryland (continued) |
Principal amount (000) |
Value (000) |
Prince George’s County, Special Obligation Bonds (National Harbor Project), Series 2004, 5.20% 2034 | $7,568 | $7,577 |
Prince George’s County, Special Obligation Bonds (Woodview Village Infrastructure Improvements), Series 1997-A, 4.50% 2017 |
370 | 371 |
Prince George’s County, Special Obligation Bonds (Woodview Village Infrastructure Improvements), Series 1997-A, 4.60% 2021 |
1,660 | 1,665 |
Prince George’s County, Special Obligation Bonds (Woodview Village Infrastructure Improvements), Series 1997-A, 4.70% 2026 |
2,545 | 2,553 |
Prince George’s County, Special Obligation Ref. Bonds (Woodview Village Phase II Infrastructure Improvements), Series 2006, RADIAN insured, 5.00% 2026 | 1,000 | 1,036 |
Prince George’s County, Special Obligation Ref. Bonds (Woodview Village Phase II Infrastructure Improvements), Series 2006, RADIAN insured, 5.00% 2032 | 1,150 | 1,194 |
Prince George’s County, Special Tax Dist. Bonds (Victoria Falls Project), Series 2005, 5.25% 2035 | 4,597 | 4,637 |
City of Salisbury, Special Obligation Bonds (Villages at Aydelotte Farm Project), 0% 2037 | 5,413 | 607 |
Stadium Auth., Rev. Bonds (Baltimore City Public Schools Construction and Revitalization Program), Series 2016, 5.00% 2029 |
2,000 | 2,548 |
Stadium Auth., Rev. Bonds (Baltimore City Public Schools Construction and Revitalization Program), Series 2016, 5.00% 2041 |
2,000 | 2,467 |
Dept. of Transportation, Consolidated Transportation Bonds, Series 2002, 5.50% 2017 |
2,000 | 2,051 |
Transportation Auth., Grant and Rev. Anticipation Bonds, Series 2007, 5.00% 2019 |
2,500 | 2,565 |
Transportation Auth., Grant and Rev. Anticipation Bonds, Series 2008, 5.25% 2018 |
3,000 | 3,226 |
Transportation Auth., Grant and Rev. Anticipation Bonds, Series 2008, 5.25% 2020 |
1,000 | 1,116 |
Transportation Auth., Transportation Facs. Projects Rev. Bonds, Series 2007, Assured Guaranty Municipal insured, 5.00% 2021 |
3,000 | 3,122 |
Transportation Auth., Transportation Facs. Projects Rev. Bonds, Series 2008, 5.00% 2020 |
1,545 | 1,671 |
Transportation Auth., Transportation Facs. Projects Rev. Bonds, Series 2008, 5.00% 2023 |
3,140 | 3,393 |
Transportation Auth., Transportation Facs. Projects Rev. Bonds, Series 2009-A, 5.00% 2020 |
1,000 | 1,126 |
Transportation Auth., Transportation Facs. Projects Rev. Bonds, Series 2009-A, 5.00% 2021 |
1,000 | 1,126 |
Transportation Auth., Transportation Facs. Projects Rev. Ref. Bonds, Series 2012, 4.00% 2026 | 1,000 | 1,138 |
University System, Auxiliary Fac. and Tuition Rev. Bonds, Series 2015-A, 5.00% 2023 | 1,500 | 1,868 |
University System, Auxiliary Fac. and Tuition Rev. Bonds, Series 2016-A, 4.00% 2033 | 3,000 | 3,457 |
Washington Suburban Sanitary Dist., Montgomery and Prince George’s Counties, Consolidated Public Improvement Bonds, 3.00% 2028 | 3,305 | 3,579 |
Washington Suburban Sanitary Dist., Montgomery and Prince George’s Counties, Consolidated Public Improvement Bonds, Series 2009-A, 4.00% 2019 | 2,305 | 2,528 |
Washington Suburban Sanitary Dist., Montgomery and Prince George’s Counties, Consolidated Public Improvement Bonds, Series 2014-2, 4.00% 2029 | 1,875 | 2,185 |
Washington Suburban Sanitary Dist., Montgomery and Prince George’s Counties, Consolidated Public Improvement Bonds, Series 2014-2, 4.00% 2043 | 1,500 | 1,684 |
Washington Suburban Sanitary Dist., Montgomery and Prince George’s Counties, G.O. Ref. Bonds of 1997, 5.75% 2017 | 1,510 | 1,577 |
Water Quality Fncg. Administration, Revolving Loan Fund Rev. Bonds, Series 2008-A, 4.40% 2025 | 1,750 | 1,850 |
Water Quality Fncg. Administration, Revolving Loan Fund Rev. Bonds, Series 2008-A, 5.00% 2021 | 1,245 | 1,331 |
The Tax-Exempt Bond Fund of America — Page 48 of 98
Bonds, notes & other debt instruments Maryland (continued) |
Principal amount (000) |
Value (000) |
Mayor and Common Council of Westminster, Project and Rev. Ref. Bonds (Carroll Lutheran Village, Inc.), Series 2014, 5.125% 2040 | $3,000 | $3,301 |
Mayor and Common Council of Westminster, Project and Rev. Ref. Bonds (Carroll Lutheran Village, Inc.), Series 2014, 5.50% 2044 | 2,000 | 2,248 |
386,258 | ||
Massachusetts 2.22% | ||
Bay Transportation Auth., Sales Tax Rev. Ref. Bonds, Series 2004-C, 5.50% 2017 | 2,905 | 3,041 |
Bay Transportation Auth., Sales Tax Rev. Ref. Bonds, Series 2004-C, 5.50% 2017 (escrowed to maturity) | 95 | 99 |
Berkshire Wind Power Cooperative Corp. (Massachusetts Municipal Lighting Plant Cooperative), Wind Project Rev. Bonds, Berkshire Series 1, 5.25% 2026 | 3,000 | 3,406 |
Catholic Health East, Health System Rev. Ref. Bonds, Series 2009, 6.25% 2032 | 1,075 | 1,229 |
Dev. Fin. Agcy., Boston Medical Center Rev. Bonds (Green Bonds), Series 2015-D, 5.00% 2044 | 2,250 | 2,622 |
Dev. Fin. Agcy., Higher Education Rev. Bonds (Emerson College Issue), Series 2006-A, 5.00% 2019 (preref. 2017) |
1,000 | 1,019 |
Dev. Fin. Agcy., Higher Education Rev. Bonds (Emerson College Issue), Series 2006-A, 5.00% 2021 (preref. 2017) |
3,000 | 3,057 |
Dev. Fin. Agcy., Higher Education Rev. Bonds (Emerson College Issue), Series 2006-A, 5.00% 2022 (preref. 2017) |
1,495 | 1,523 |
Dev. Fin. Agcy., Hospital Rev. Bonds (Healthcare Obligated Group Issue), Series 2013, 5.25% 2041 | 4,500 | 5,355 |
Dev. Fin. Agcy., Resource Recovery Rev. Ref. Bonds (Covanta Energy Project), Series 2012-B, 4.875% 20422 | 16,920 | 17,269 |
Dev. Fin. Agcy., Rev. Bonds (Bentley University Issue), 5.00% 2040 | 1,250 | 1,530 |
Dev. Fin. Agcy., Rev. Bonds (Boston University Issue), Series 2013-U-1, 1.02% 2040 (put 2017)1 | 1,000 | 999 |
Dev. Fin. Agcy., Rev. Bonds (Boston University Issue), Series 2013-X, 5.00% 2048 | 17,500 | 20,783 |
Dev. Fin. Agcy., Rev. Bonds (Boston University Issue), Series U-4, 5.60% 2035 | 5,000 | 5,741 |
Dev. Fin. Agcy., Rev. Bonds (Dana-Farber Cancer Institute Issue), Series 2016-N, 5.00% 2036 | 2,000 | 2,450 |
Dev. Fin. Agcy., Rev. Bonds (Dana-Farber Cancer Institute Issue), Series 2016-N, 5.00% 2041 | 3,500 | 4,273 |
Dev. Fin. Agcy., Rev. Bonds (Dana-Farber Cancer Institute Issue), Series 2016-N, 5.00% 2046 | 2,500 | 3,045 |
Dev. Fin. Agcy., Rev. Bonds (Emmanuel College Issue), Series 2016-A, 5.00% 2034 | 3,000 | 3,569 |
Dev. Fin. Agcy., Rev. Bonds (Emmanuel College Issue), Series 2016-A, 5.00% 2043 | 8,500 | 9,972 |
Dev. Fin. Agcy., Rev. Bonds (Linden Ponds, Inc. Fac.), Series 2011-A-1, 6.25% 2019 | 1,040 | 1,088 |
Dev. Fin. Agcy., Rev. Bonds (Linden Ponds, Inc. Fac.), Series 2011-A-1, 6.25% 2020 | 1,089 | 1,148 |
Dev. Fin. Agcy., Rev. Bonds (Linden Ponds, Inc. Fac.), Series 2011-A-1, 6.25% 2026 | 1,412 | 1,484 |
Dev. Fin. Agcy., Rev. Bonds (Linden Ponds, Inc. Fac.), Series 2011-A-1, 6.25% 2031 | 1,056 | 1,110 |
Dev. Fin. Agcy., Rev. Bonds (Linden Ponds, Inc. Fac.), Series 2011-A-1, 6.25% 2039 | 2,706 | 2,843 |
Dev. Fin. Agcy., Rev. Bonds (Linden Ponds, Inc. Fac.), Series 2011-A-1, 6.25% 2046 | 3,951 | 4,151 |
Dev. Fin. Agcy., Rev. Bonds (Linden Ponds, Inc. Fac.), Series 2011-A-2, 5.50% 2046 | 798 | 777 |
Dev. Fin. Agcy., Rev. Bonds (Linden Ponds, Inc. Fac.), Series 2011-B, 0% 2056 | 1,961 | 15 |
Dev. Fin. Agcy., Rev. Bonds (Partners HealthCare System Issue), Series 2011-K-6, 5.375% 2041 | 1,000 | 1,152 |
Dev. Fin. Agcy., Rev. Bonds (Partners HealthCare System Issue), Series 2012-L, 5.00% 2031 | 1,000 | 1,179 |
Dev. Fin. Agcy., Rev. Bonds (Partners HealthCare System Issue), Series 2014-M-4, 5.00% 2044 | 1,000 | 1,169 |
Dev. Fin. Agcy., Rev. Bonds (Partners HealthCare System Issue), Series 2015-Q, 5.00% 2047 | 9,000 | 10,959 |
Dev. Fin. Agcy., Rev. Bonds (Partners HealthCare System), Series 2014-M-5, 0.96% 2038 (put 2018)1 | 7,810 | 7,809 |
Dev. Fin. Agcy., Rev. Bonds (Umass Memorial Health Care Obligated Group Issue), Series 2016-I, 5.00% 2030 | 2,000 | 2,476 |
Dev. Fin. Agcy., Rev. Bonds (Umass Memorial Health Care Obligated Group Issue), Series 2016-I, 5.00% 2031 | 1,925 | 2,373 |
Dev. Fin. Agcy., Rev. Bonds (Williams College), Series 2011-N, 0.69% 2041 (put 2017)1 | 2,000 | 1,999 |
Dev. Fin. Agcy., Rev. Ref. Bonds (Boston University Issue), Series V-1, 5.00% 2029 | 9,800 | 11,109 |
Dev. Fin. Agcy., Rev. Ref. Bonds (Emerson College Issue), Series 2010-A, 5.00% 2040 | 8,375 | 9,124 |
Dev. Fin. Agcy., Rev. Ref. Bonds (Harvard University Issue), Series 2010-B-2, 5.25% 2034 | 7,185 | 8,501 |
Dev. Fin. Agcy., Rev. Ref. Bonds (Tufts Medical Center Issue), Series 2011-I, 6.75% 2036 | 6,500 | 7,793 |
Dev. Fin. Agcy., Rev. Ref. Bonds (Tufts Medical Center Issue), Series 2011-I, 6.875% 2041 | 6,415 | 7,740 |
Dev. Fin. Agcy., Rev. Ref. Bonds, UMass Memorial Issue, Series 2011-H, 5.50% 2031 | 1,680 | 1,939 |
G.O. Bonds, Consolidated Loan of 2008, Series A, 5.00% 2033 (preref. 2018) | 8,070 | 8,784 |
G.O. Ref. Bonds, Series 2013-B, 5.00% 2023 | 1,000 | 1,254 |
The Tax-Exempt Bond Fund of America — Page 49 of 98
Bonds, notes & other debt instruments Massachusetts (continued) |
Principal amount (000) |
Value (000) |
Health and Educational Facs. Auth., Rev. Bonds (Massachusetts Institute of Technology Issue), Series 2008-O, 6.00% 2036 | $7,000 | $7,726 |
Health and Educational Facs. Auth., Rev. Bonds (Partners HealthCare System Issue), Series 2007-G-2, Assured Guaranty Municipal insured, 0.59% 20421 |
5,000 | 5,000 |
Health and Educational Facs. Auth., Rev. Ref. Bonds (CareGroup Issue), Series 2008-E-1, 5.125% 2033 (preref. 2018) |
2,500 | 2,718 |
Health and Educational Facs. Auth., Rev. Ref. Bonds (CareGroup Issue), Series 2008-E-2, 5.375% 2025 (preref. 2018) |
2,500 | 2,730 |
Health and Educational Facs. Auth., Rev. Ref. Bonds (Harvard University Issue), Series 2009-A, 5.50% 2036 | 12,320 | 13,721 |
Health and Educational Facs. Auth., Rev. Ref. Bonds (Northeastern University Issue), Series 2008-T-1, 5.00% 2032 |
1,050 | 1,240 |
Health and Educational Facs. Auth., Rev. Ref. Bonds (Suffolk University Issue), Series 2009-A, 5.75% 2039 (preref. 2019) |
8,380 | 9,350 |
Health and Educational Facs. Auth., Rev. Ref. Bonds (Suffolk University Issue), Series 2009-A, 6.00% 2024 |
5,500 | 6,253 |
Dev. Fin. Agcy., Rev. Bonds (Worcester Polytechnic Institute Issue), Series 2016, 5.00% 2052 | 2,000 | 2,396 |
Housing Fin. Agcy., Housing Bonds, Series 2009-C, 5.35% 2049 | 4,000 | 4,226 |
Housing Fin. Agcy., Housing Rev. Ref. Bonds, Series 2010-A, 3.375% 2016 | 2,220 | 2,238 |
Housing Fin. Agcy., Single Family Housing Rev. Bonds, Series 167, 4.00% 2043 | 1,050 | 1,111 |
Housing Fin. Agcy., Single Family Housing Rev. Bonds, Series 172, 4.00% 2045 | 3,605 | 3,886 |
Housing Fin. Agcy., Single Family Housing Rev. Bonds, Series 178, 3.50% 2042 | 5,500 | 5,924 |
Housing Fin. Agcy., Single Family Housing Rev. Bonds, Series 181, 4.00% 2044 | 2,000 | 2,188 |
Housing Fin. Agcy., Single Family Housing Rev. Ref. Bonds, Series 162, 2.75% 2041 | 1,845 | 1,884 |
Housing Fin. Agcy., Single Family Housing Rev. Ref. Bonds, Series 165, 2.65% 2041 | 2,730 | 2,795 |
Massachusetts Bay Transportation Auth., Sales Tax Rev. Ref. Bonds, Series 2007-A-1, 5.25% 2032 | 10,000 | 14,070 |
Port Auth., Rev. Ref. Bonds, Series 2012-B, 5.00% 2023 | 1,090 | 1,326 |
Port Auth., Special Facs. Rev. Bonds (ConRAC Project), Series 2011-A, 5.125% 2041 | 9,250 | 10,533 |
Special Obligation Dedicated Tax Rev. Ref. Bonds, Series 2005, FGIC-National insured, 5.00% 2020 | 5,000 | 5,697 |
State College Building Auth., Project and Rev. Ref. Bonds, Series 2003-B, XLCA insured, 5.375% 2017 | 3,550 | 3,682 |
State College Building Auth., Project and Rev. Ref. Bonds, Series 2003-B, XLCA insured, 5.375% 2018 | 5,045 | 5,469 |
State College Building Auth., Rev. Ref. Bonds, Series 2012-B, 5.00% 2030 | 1,000 | 1,199 |
306,320 | ||
Michigan 3.56% | ||
Econ. Dev. Corp. of the City of Dearborn, Limited Obligation Rev. Ref. Bonds (Henry Ford Village, Inc. Project), Series 2008, 7.00% 2038 | 5,800 | 5,942 |
City of Detroit, Distributable State Aid G.O. (Limited Tax) Bonds, Series 2010, 5.25% 2035 | 10,665 | 11,719 |
City of Detroit, G.O. Bonds, Series 2014, National insured, 5.375% 2018 | 3,042 | 3,053 |
City of Detroit, G.O. Bonds, Series 2014-B, National insured, 5.375% 2018 | 558 | 560 |
City of Detroit, Sewage Disposal System Rev. Ref. Bonds, Series 2006-D, Assured Guaranty Municipal insured, 1.019% 20321 | 7,850 | 7,105 |
City of Detroit, Water and Sewerage Dept., Sewage Disposal System Rev. Ref. Bonds, Series 2001-B, Assured Guaranty Municipal Insured, 5.50% 2029 | 10,420 | 13,413 |
City of Detroit, Water and Sewerage Dept., Sewage Disposal System Rev. Ref. Bonds, Series 2012-A, 5.25% 2039 |
5,900 | 6,770 |
City of Detroit, Water Supply System Rev. Bonds, Series 2011-A, 5.25% 2041 | 16,000 | 17,986 |
School Dist. of the City of Detroit (Wayne County), School Building and Site Improvement Ref. Bonds (Unlimited Tax G.O.), Series 1998-C, FGIC insured, 5.25% 2025 | 1,955 | 2,245 |
School Dist. of the City of Detroit (Wayne County), School Building and Site Improvement Ref. Bonds (Unlimited Tax G.O.), Series 2005-A, Assured Guaranty Municipal insured, 5.25% 2032 | 20,000 | 25,529 |
School Dist. of the City of Detroit (Wayne County), School Building and Site Improvement Ref. Bonds (Unlimited Tax G.O.), Series 2012-A, 5.00% 2026 | 2,000 | 2,317 |
School Dist. of the City of Detroit (Wayne County), School Building and Site Improvement Ref. Bonds (Unlimited Tax G.O.), Series 2012-A, 5.00% 2027 | 3,500 | 4,048 |
The Tax-Exempt Bond Fund of America — Page 50 of 98
Bonds, notes & other debt instruments Michigan (continued) |
Principal amount (000) |
Value (000) |
School Dist. of the City of Detroit (Wayne County), School Building and Site Improvement Ref. Bonds (Unlimited Tax G.O.), Series 2012-A, 5.00% 2028 | $3,610 | $4,156 |
School Dist. of the City of Detroit (Wayne County), School Building and Site Improvement Ref. Bonds (Unlimited Tax G.O.), Series 2012-A, 5.00% 2030 | 4,000 | 4,581 |
Fin. Auth. Local Government Loan Program Rev. Bonds (Water and Sewerage Dept. Sewage Disposal System Rev. Ref. Local Project), Series 2014-C-1, 5.00% 2044 | 6,050 | 6,824 |
Fin. Auth. Local Government Loan Program Rev. Bonds (Water and Sewerage Dept. Sewage Disposal System Rev. Ref. Local Project), Series 2014-C-3, Assured Guaranty Municipal insured, 5.00% 2023 | 8,000 | 9,732 |
Fin. Auth. Local Government Loan Program Rev. Bonds (Water and Sewerage Dept. Sewage Disposal System Rev. Ref. Local Project), Series 2014-C-3, Assured Guaranty Municipal insured, 5.00% 2032 | 1,500 | 1,786 |
Fin. Auth. Local Government Loan Program Rev. Bonds (Water and Sewerage Dept. Water Supply System Rev. Ref. Local Project), Series 2014-D-4, 5.00% 2034 | 1,425 | 1,662 |
Fin. Auth., Local Government Loan Program Rev. Bonds (Detroit Water and Sewerage Dept., Sewage Disposal System Rev. Ref. Local Project Bonds), Series 2015-C, 5.00% 2028 | 1,415 | 1,709 |
Fin. Auth., Local Government Loan Program Rev. Bonds (Detroit Water and Sewerage Dept., Sewage Disposal System Rev. Ref. Local Project Bonds), Series 2015-C, 5.00% 2032 | 1,355 | 1,611 |
Fin. Auth., Local Government Loan Program Rev. Bonds (Detroit Water and Sewerage Dept., Sewage Disposal System Rev. Ref. Local Project Bonds), Series 2015-C, 5.00% 2033 | 2,565 | 3,039 |
Fin. Auth., Local Government Loan Program Rev. Bonds (Detroit Water and Sewerage Dept., Sewage Disposal System Rev. Ref. Local Project Bonds), Series 2015-C, 5.00% 2034 | 3,000 | 3,541 |
Fin. Auth., Local Government Loan Program Rev. Bonds (Detroit Water and Sewerage Dept., Sewage Disposal System Rev. Ref. Local Project Bonds), Series 2015-C, 5.00% 2035 | 3,000 | 3,528 |
Fin. Auth., Hospital Rev. Ref. Bonds (Beaumont Health Credit Group), Series 2016-A, 5.00% 2044 | 14,200 | 16,955 |
Fin. Auth., Hospital Rev. Ref. Bonds (Mclaren Health Care), Series 2015-B, 5.00% 2034 | 4,095 | 4,902 |
Fin. Auth., Hospital Rev. Ref. Bonds (Mclaren Health Care), Series 2015-B, 5.00% 2035 | 250 | 298 |
Fin. Auth., Hospital Rev. Ref. Bonds (Mclaren Health Care), Series 2015-D-2, 1.085% 2038 (put 2020)1 | 6,000 | 5,993 |
Fin. Auth., Hospital Rev. Ref. Bonds (Oakwood Obligated Group), Series 2012, 5.00% 2024 | 9,145 | 10,902 |
Fin. Auth., Hospital Rev. Ref. Bonds (Oakwood Obligated Group), Series 2012, 5.00% 2027 | 3,000 | 3,521 |
Fin. Auth., Hospital Rev. Ref. Bonds (Sparrow Obligated Group), Series 2015, 5.00% 2029 | 3,000 | 3,732 |
Fin. Auth., Hospital Rev. Ref. Bonds (Sparrow Obligated Group), Series 2015, 5.00% 2031 | 1,500 | 1,844 |
Fin. Auth., Hospital Rev. Ref. Bonds (Sparrow Obligated Group), Series 2015, 5.00% 2033 | 1,500 | 1,825 |
Fin. Auth., Hospital Rev. Ref. Bonds (Sparrow Obligated Group), Series 2015, 5.00% 2034 | 1,500 | 1,820 |
Fin. Auth., Hospital Rev. Ref. Bonds (Sparrow Obligated Group), Series 2015, 5.00% 2045 | 3,000 | 3,564 |
Fin. Auth., Local Government Loan Program Rev. Bonds (City of Detroit Fin. Recovery Income Tax Local Project), Series 2014-F-1, 4.50% 2029 | 2,150 | 2,410 |
Fin. Auth., Rev. Bonds (School Dist. of the City of Detroit), Series 2011, 5.50% 2021 | 6,865 | 7,315 |
Fin. Auth., Rev. Ref. Bonds (Trinity Health Credit Group), 5.00% 2030 | 5,000 | 5,904 |
Fin. Auth., Rev. Ref. Bonds (Trinity Health Credit Group), 5.00% 2039 | 1,890 | 2,206 |
Fin. Auth., Rev. Ref. Bonds (Trinity Health Credit Group), 5.50% 2026 | 750 | 974 |
City of Flint, Hospital Building Auth., Rev. Rental Bonds (Hurley Medical Center), 5.84% 2020 | 1,600 | 1,737 |
City of Flint, Hospital Building Auth., Rev. Rental Bonds (Hurley Medical Center), Series 2013-A, 5.25% 2028 | 3,000 | 3,142 |
City of Flint, Hospital Building Auth., Rev. Rental Bonds (Hurley Medical Center), Series 2013-A, 5.25% 2039 | 500 | 516 |
G.O. Bonds (Environmental Program and Ref.), Series 2008-A, 5.00% 2018 | 5,000 | 5,387 |
Grant Anticipation Rev. Ref. Bonds, Series 2016, 5.00% 2025 | 6,000 | 7,576 |
Grant Anticipation Rev. Ref. Bonds, Series 2016, 5.00% 2026 | 2,480 | 3,167 |
Fin. Auth., Hospital Rev. Ref. Bonds (MidMichigan Health Credit Group), Series 2014, 5.00% 2039 | 2,000 | 2,352 |
Hospital Fin. Auth., Hospital Rev. Ref. Bonds (Henry Ford Health System), Series 2006-A, 5.00% 2020 | 1,115 | 1,129 |
Hospital Fin. Auth., Hospital Rev. Ref. Bonds (Henry Ford Health System), Series 2006-A, 5.00% 2021 | 2,165 | 2,193 |
Hospital Fin. Auth., Hospital Rev. Ref. Bonds (Henry Ford Health System), Series 2006-A, 5.00% 2038 | 10,000 | 10,125 |
Hospital Fin. Auth., Hospital Rev. Ref. Bonds (Henry Ford Health System), Series 2009, 5.625% 2029 | 1,500 | 1,720 |
Hospital Fin. Auth., Hospital Rev. Ref. Bonds (McLaren Health Care), Series 2012-A, 5.00% 2035 | 1,000 | 1,146 |
Hospital Fin. Auth., Rev. Bonds (Trinity Health Credit Group), Series 2009-B, 5.00% 2048 | 3,705 | 4,171 |
Hospital Fin. Auth., Rev. Ref. Bonds (Trinity Health Credit Group), Series 2008-A, 6.00% 2034 (put 2017) | 2,500 | 2,677 |
Hospital Fin. Auth., Rev. Ref. Bonds (Trinity Health Credit Group), Series 2008-A-1, 6.50% 2033 (preref. 2018) | 885 | 1,006 |
Hospital Fin. Auth., Rev. Ref. Bonds (Trinity Health Credit Group), Series 2008-A-1, 6.50% 2033 | 165 | 186 |
The Tax-Exempt Bond Fund of America — Page 51 of 98
Bonds, notes & other debt instruments Michigan (continued) |
Principal amount (000) |
Value (000) |
Hospital Fin. Auth., Rev. Ref. Bonds (Trinity Health Credit Group), Series 2008-A-1, 6.50% 2033 (preref. 2018) | $3,950 | $4,487 |
Housing Dev. Auth., Single Family Mortgage Rev. Bonds, Series 2016-A, 4.00% 2046 | 3,000 | 3,293 |
Kent Hospital Fin. Auth., Rev. Ref. Bonds (Spectrum Health System), Series 2011-A, 5.00% 2029 | 2,000 | 2,320 |
Econ. Dev. Corp. of the City of Kentwood, Limited Obligation Rev. Ref. Bonds (Holland Home Obligated Group), Series 2012, 5.625% 2041 | 500 | 553 |
County of Wayne, Livonia Public Schools School Dist., School Building and Site G.O bonds, Series 2013-I, Assured Guaranty Municipal insured, 5.00% 2038 | 2,000 | 2,325 |
Regents of the University of Michigan, General Rev. Ref. Bonds, Series 2012-E, 0.87% 2033 (put 2018)1 | 2,275 | 2,263 |
Board of Trustees of Oakland University, General Rev. Bonds, Series 2016, 5.00% 2033 | 1,500 | 1,829 |
Board of Trustees of Oakland University, General Rev. Bonds, Series 2016, 5.00% 2035 | 1,750 | 2,121 |
Board of Trustees of Oakland University, General Rev. Bonds, Series 2016, 5.00% 2041 | 3,000 | 3,602 |
Public Power Agcy., Rev. Ref. Bonds (Belle River Project), Series 2002-A, National insured, 5.25% 2018 | 2,000 | 2,122 |
City of Royal Oak Hospital Fin. Auth., Hospital Rev. Ref. Bonds (William Beaumont Hospital Obligated Group), Series 2009-V, 8.00% 2029 (preref. 2018) | 2,000 | 2,308 |
City of Royal Oak Hospital Fin. Auth., Hospital Rev. Ref. Bonds (William Beaumont Hospital Obligated Group), Series 2009-V, 8.25% 2039 (preref. 2018) | 3,000 | 3,478 |
City of Royal Oak Hospital Fin. Auth., Hospital Rev. Ref. Bonds (William Beaumont Hospital Obligated Group), Series 2014-D, 5.00% 2025 | 500 | 616 |
City of Royal Oak Hospital Fin. Auth., Hospital Rev. Ref. Bonds (William Beaumont Hospital Obligated Group), Series 2014-D, 5.00% 2030 | 1,160 | 1,392 |
City of Royal Oak Hospital Fin. Auth., Hospital Rev. Ref. Bonds (William Beaumont Hospital Obligated Group), Series 2014-D, 5.00% 2039 | 2,750 | 3,203 |
City of Saginaw Hospital Fin. Auth., Hospital Rev. Ref. Bonds (Covenant Medical Center, Inc.), Series 2010-H, 5.00% 2030 | 5,300 | 5,979 |
State Building Auth., Rev. and Rev. Ref. Bonds (Facs. Program), Series 2016-I, 5.00% 2033 | 10,000 | 12,389 |
State Trunk Line Fund Bonds, Series 2011, 5.00% 2036 | 2,000 | 2,349 |
State Building Auth., Rev. Ref. Bonds (Facs. Program), Series 2008-I, 6.00% 2038 | 3,145 | 3,496 |
State Building Auth., Rev. Ref. Bonds (Facs. Program), Series 2008-I, 6.00% 2038 (preref. 2018) | 4,855 | 5,432 |
State Building Auth., Rev. Ref. Bonds (Facs. Program), Series 2015-I, 5.00% 2026 | 1,700 | 2,165 |
State Building Auth., Rev. Ref. Bonds (Facs. Program), Series 2015-I, 5.00% 2031 | 10,000 | 12,323 |
Strategic Fund, Limited Obligation Rev. Ref. Bonds (Detroit Edison Co. Exempt Facs. Project), Series 2008-ET-2, 5.50% 2029 (put 2016) |
2,000 | 2,001 |
Strategic Fund, Limited Obligation Rev. Ref. Bonds (Detroit Edison Co. Exempt Facs. Project), Series 2008-KT, 5.625% 2020 |
1,500 | 1,748 |
Tobacco Settlement Fin. Auth., Tobacco Settlement Asset-backed Bonds, Current Interest Bonds, Series 2007-A, 6.00% 2034 |
1,500 | 1,511 |
Tobacco Settlement Fin. Auth., Tobacco Settlement Asset-backed Bonds, Current Interest Bonds, Series 2007-A, 6.00% 2048 |
53,520 | 53,905 |
Tobacco Settlement Fin. Auth., Tobacco Settlement Asset-backed Rev. Ref. Bonds, Current Interest Bonds, Series 2008-A, 6.875% 2042 | 10,010 | 10,334 |
County of Wayne, Livonia Public Schools School Dist., School Building and Site G.O. Bonds, Assured Guaranty Municipal insured, 5.00% 2040 | 1,000 | 1,198 |
County of Wayne, Livonia Public Schools School Dist., School Building and Site G.O. Bonds, Assured Guaranty Municipal insured, 5.00% 2045 | 1,250 | 1,490 |
Wayne County, Airport Auth., Rev. Bonds (Detroit Metropolitan Wayne County Airport), Series 2014-B, 5.00% 2044 |
4,870 | 5,666 |
Wayne County, Airport Auth., Airport Rev. Bonds (Detroit Metropolitan Wayne County Airport), Series 2012-A, 5.00% 2032 | 2,500 | 2,877 |
Wayne County, Airport Auth., Airport Rev. Bonds (Detroit Metropolitan Wayne County Airport), Series 2012-A, 5.00% 2037 | 7,400 | 8,394 |
Wayne County, Airport Auth., Airport Rev. Ref. Bonds (Detroit Metropolitan Wayne County Airport), Series 2010-C, 5.00% 2021 |
12,190 | 13,999 |
Wayne County, Airport Auth., Airport Rev. Ref. Bonds (Detroit Metropolitan Wayne County Airport), Series 2010-C, 5.00% 2022 |
2,140 | 2,444 |
The Tax-Exempt Bond Fund of America — Page 52 of 98
Bonds, notes & other debt instruments Michigan (continued) |
Principal amount (000) |
Value (000) |
Wayne County, Airport Auth., Airport Rev. Ref. Bonds (Detroit Metropolitan Wayne County Airport), Series 2010-C, 5.50% 2020 |
$9,000 | $10,556 |
Wayne County, Airport Auth., Airport Rev. Ref. Bonds (Detroit Metropolitan Wayne County Airport), Series 2010-D, 5.00% 2016 |
1,400 | 1,421 |
Wayne County, Airport Auth., Airport Rev. Bonds (Detroit Metropolitan Wayne County Airport), Series 2015-D, 5.00% 2040 | 15,800 | 18,710 |
Wayne County, Airport Auth., Airport Rev. Bonds (Detroit Metropolitan Wayne County Airport), Series 2015-D, 5.00% 2045 | 6,500 | 7,668 |
Wayne County, Airport Auth., Airport Rev. Ref. Bonds (Detroit Metropolitan Wayne County Airport), Series 2011-B, 5.00% 2019 |
1,290 | 1,459 |
Board of Trustees of Western Michigan University, General Rev. Ref. Bonds, Series 2015-A, 5.00% 2045 | 1,000 | 1,180 |
491,857 | ||
Minnesota 0.32% | ||
Housing Fin. Agcy., Residential Housing Fin. Bonds, Series 2015-B, 3.50% 2046 | 17,755 | 19,191 |
Housing Fin. Agcy., Homeownership Fin. Bonds (GNMA and FNMA Pass-Through Program), Series 2012-B, 2.25% 20423 | 7,018 | 6,821 |
Housing Fin. Agcy., Homeownership Fin. Bonds (GNMA and FNMA Pass-Through Program), Series 2015-A, 2.80% 20453 | 1,872 | 1,934 |
Housing Fin. Agcy., Homeownership Fin. Bonds (Mortgage-Backed Securities Program), Series 2010-A, 4.25% 2028 |
770 | 805 |
Housing Fin. Agcy., Homeownership Fin. Bonds (Mortgage-Backed Securities Program), Series 2011-B, 4.50% 2031 |
405 | 428 |
Housing Fin. Agcy., Homeownership Fin. Bonds (Mortgage-Backed Securities Program), Series 2011-D, 4.50% 2034 |
450 | 475 |
Housing Fin. Agcy., Homeownership Fin. Bonds (Mortgage-Backed Securities Program), Series 2011-G, 4.25% 2035 |
630 | 660 |
Housing Fin. Agcy., Residential Housing Fin. Bonds, Series 2012-D, 4.00% 2040 | 475 | 496 |
Housing Fin. Agcy., Residential Housing Fin. Bonds, Series 2014-B, 4.00% 2038 | 775 | 847 |
City of Minneapolis, Health Care System Rev. Bonds (Fairview Health Services), Series 2008-A, 6.75% 2032 (preref. 2018) | 30 | 34 |
City of Minneapolis, Health Care System Rev. Bonds (Fairview Health Services), Series 2015-A, 5.00% 2033 | 2,575 | 3,128 |
City of Minneapolis, Health Care System Rev. Bonds (Fairview Health Services), Series 2015-A, 5.00% 2034 | 5,000 | 6,038 |
City of Minneapolis, Health Care System Rev. Bonds (Fairview Health Services), Series 2015-A, 5.00% 2044 | 1,000 | 1,191 |
City of St. Cloud, Health Care Rev. Bonds (CentraCare Health System), Series 2016-A, 5.00% 2028 | 1,250 | 1,581 |
City of St. Cloud, Health Care Rev. Bonds (CentraCare Health System), Series 2016-A, 5.00% 2029 | 1,000 | 1,259 |
44,888 | ||
Mississippi 0.39% | ||
Dev. Bank, Special Obligation Bonds (Municipal Energy Agcy. of Mississippi Power Supply Project), Series 2015-A, Assured Guaranty Municipal insured, 5.00% 2031 |
1,590 | 1,921 |
Dev. Bank, Special Obligation Bonds (Municipal Energy Agcy. of Mississippi Power Supply Project), Series 2015-A, Assured Guaranty Municipal insured, 5.00% 2035 |
1,150 | 1,369 |
Dev. Bank, Special Obligation Bonds (Municipal Energy Agcy. of Mississippi Power Supply Project), Series 2015-A, Assured Guaranty Municipal insured, 5.00% 2032 |
1,690 | 2,034 |
Dev. Bank, Special Obligation Bonds (Municipal Energy Agcy. of Mississippi Power Supply Project), Series 2015-A, Assured Guaranty Municipal insured, 5.00% 2033 |
1,275 | 1,528 |
Dev. Bank, Special Obligation Rev. Ref. Bonds (Harrison County, Mississippi Highway Ref. Project), Series 2013-A, 5.00% 2025 |
3,000 | 3,792 |
Dev. Bank, Special Obligation Rev. Ref. Bonds (Madison County, Mississippi Highway Ref. Project), Series 2013-C, 5.00% 2026 |
4,000 | 5,129 |
Home Corp., Homeownership Mortgage Rev. Bonds, Series 2010-A, 4.50% 2031 | 455 | 480 |
Home Corp., Single Family Mortgage Rev. Bonds, Series 2007-A-1, 5.50% 2038 | 1,290 | 1,295 |
Home Corp., Single Family Mortgage Rev. Bonds, Series 2009-A-2, 5.00% 2039 | 805 | 864 |
The Tax-Exempt Bond Fund of America — Page 53 of 98
Bonds, notes & other debt instruments Mississippi (continued) |
Principal amount (000) |
Value (000) |
Hospital Equipment and Facs. Auth., Rev. Ref. Bonds (Mississippi Baptist Health Systems, Inc.), Series 2007-A, 5.00% 2017 | $3,000 | $3,116 |
Hospital Equipment and Facs. Auth., Rev. Ref. Bonds (Mississippi Baptist Health Systems, Inc.), Series 2007-A, 5.00% 2026 | 2,000 | 2,077 |
State Gaming Tax Rev. Ref. Bonds, Series 2015-E, 5.00% 2034 | 12,960 | 15,587 |
State Gaming Tax Rev. Ref. Bonds, Series 2015-E, 5.00% 2029 | 2,500 | 3,076 |
State Gaming Tax Rev. Ref. Bonds, Series 2015-E, 5.00% 2032 | 7,500 | 9,082 |
Warren County, Gulf Opportunity Zone Bonds, Series 2010-A, 5.80% 2034 | 2,000 | 2,328 |
53,678 | ||
Missouri 1.18% | ||
Industrial Dev. Auth. of the County of Cape Girardeau, Health Facs. Rev. Bonds (Southeast Missouri Hospital Association), Series 2007, 5.00% 2017 | 1,000 | 1,005 |
Industrial Dev. Auth. of the County of Cape Girardeau, Health Facs. Rev. Bonds (Southeast Missouri Hospital Association), Series 2007, 5.00% 2018 | 1,500 | 1,509 |
Industrial Dev. Auth. of the County of Cape Girardeau, Health Facs. Rev. Bonds (Southeast Missouri Hospital Association), Series 2007, 5.00% 2036 | 5,890 | 5,894 |
Health and Educational Facs. Auth., Senior Living Facs. Rev. Ref. Bonds (Lutheran Senior Services), Series 2016-A, 5.00% 2028 |
400 | 482 |
Health & Educational Facs. Auth., Rev. Ref. Bonds (St Anthony’s Medical Center), Series 2015-B, 5.00% 2045 | 3,750 | 4,404 |
Health and Educational Facs. Auth., Educational Facs. Rev. Bonds (Washington University), Series 2007-B, 4.50% 2041 (preref. 2016) | 1,270 | 1,294 |
Health and Educational Facs. Auth., Health Facs. Rev. Bonds (Cox Health Project), Series 2013-A, 5.00% 2038 | 2,000 | 2,325 |
Health and Educational Facs. Auth., Health Facs. Rev. Bonds (Cox Health Project), Series 2015-A, 5.00% 2034 | 3,200 | 3,838 |
Health and Educational Facs. Auth., Health Facs. Rev. Bonds (Cox Health Project), Series 2015-A, 5.00% 2039 | 4,000 | 4,757 |
Health and Educational Facs. Auth., Health Facs. Rev. Bonds (SSM Health Care), Series 2010-B, 5.00% 2030 | 2,835 | 3,177 |
Health and Educational Facs. Auth., Health Facs. Rev. Bonds, Series 2014-A, 5.00% 2027 | 1,000 | 1,227 |
Health and Educational Facs. Auth., Health Facs. Rev. Ref. Bonds (St. Luke’s Episcopal-Presbyterian Hospitals), Series 2006, 5.00% 2019 | 2,830 | 2,871 |
Health and Educational Facs. Auth., Senior Living Facs. Rev. Bonds (Lutheran Senior Services Projects), Series 2010, 5.50% 2042 |
2,250 | 2,469 |
Health and Educational Facs. Auth., Senior Living Facs. Rev. Ref. Bonds (Lutheran Senior Services), 5.00% 2035 |
2,740 | 3,087 |
Health and Educational Facs. Auth., Senior Living Facs. Rev. Ref. Bonds (Lutheran Senior Services), Series 2007-A, 4.875% 2027 |
2,930 | 2,968 |
Health and Educational Facs. Auth., Senior Living Facs. Rev. Ref. Bonds (Lutheran Senior Services), Series 2007-A, 4.875% 2037 |
2,065 | 2,085 |
Health and Educational Facs. Auth., Senior Living Facs. Rev. Ref. Bonds (Lutheran Senior Services), Series 2007-B, 4.875% 2038 |
4,215 | 4,257 |
Health and Educational Facs. Auth., Senior Living Facs. Rev. Ref. Bonds (Lutheran Senior Services), Series 2016-A, 5.00% 2029 |
1,000 | 1,201 |
Health and Educational Facs. Auth., Senior Living Facs. Rev. Ref. Bonds (Lutheran Senior Services), Series 2016-A, 5.00% 2046 |
1,025 | 1,196 |
Housing Dev. Commission, Single Family Mortgage Rev. Bonds (First Place Homeownership Loan Program), Series 2016-A-2, 4.00% 2040 | 10,000 | 11,049 |
Housing Dev. Commission, Single Family Mortgage Rev. Bonds (First Place Homeownership Loan Program), Series 2016-B, 3.50% 2041 | 2,400 | 2,611 |
Housing Dev. Commission, Single Family Mortgage Rev. Bonds (Homeownership Loan Program), Series 2009-C, 4.90% 2036 |
390 | 396 |
Housing Dev. Commission, Single Family Mortgage Rev. Bonds (Homeownership Loan Program), Series 2009-D, 4.80% 2040 |
520 | 549 |
Housing Dev. Commission, Single Family Mortgage Rev. Bonds (Special Homeownership Loan Program), Series 2014-A, 4.00% 2041 | 550 | 589 |
Housing Dev. Commission, Single Family Mortgage Rev. Bonds (Special Homeownership Loan Program), Series 2014-B, 4.00% 2040 | 1,450 | 1,571 |
The Tax-Exempt Bond Fund of America — Page 54 of 98
Bonds, notes & other debt instruments Missouri (continued) |
Principal amount (000) |
Value (000) |
Housing Dev. Commission, Single Family Mortgage Rev. Bonds (Special Homeownership Loan Program), Series 2015-A, 3.75% 2038 | $870 | $940 |
Housing Dev. Commission, Single Family Mortgage Rev. Bonds (Special Homeownership Loan Program), Series 2015-B-2, 4.00% 2045 | 3,815 | 4,177 |
I-470 and 350 Transportation Dev. Dist. (Lee’s Summit), Transportation Sales Tax Rev. Ref. and Improvement Bonds, Series 2007, RADIAN insured, 4.60% 2029 | 885 | 888 |
Industrial Dev. Auth. of St. Louis, Senior Living Facs. Rev. Bonds (St. Andrew’s Resources for Seniors Obligated Group), Series 2015-B, 3.125% 2019 | 4,000 | 4,015 |
Industrial Dev. Auth. of St. Louis, Senior Living Facs. Rev. Bonds (St. Andrew’s Resources for Seniors Obligated Group), 5.125% 2045 | 1,050 | 1,126 |
Industrial Dev. Auth. of St. Louis, Senior Living Facs. Rev. Bonds (St. Andrew’s Resources for Seniors Obligated Group), Series 2015-A, 5.00% 2035 | 1,000 | 1,079 |
Industrial Dev. Auth. of the City of Lee’s Summit, Senior Living Facs. Rev. Ref. Bonds (John Knox Village Obligated Group), Series 2007-A, 5.125% 2026 | 7,500 | 7,716 |
Industrial Dev. Auth. of the City of Lee’s Summit, Senior Living Facs. Rev. Ref. Bonds (John Knox Village Obligated Group), Series 2007-A, 5.125% 2032 | 2,800 | 2,868 |
City of St. Louis, Airport Rev. Bonds (Lambert-St. Louis International Airport), Series 2009-A-1, 6.25% 2029 | 2,025 | 2,304 |
City of St. Louis, Airport Rev. Bonds (Lambert-St. Louis International Airport), Series 2009-A-1, 6.625% 2034 | 3,000 | 3,438 |
City of St. Louis, Airport Rev. Ref. Bonds (Lambert-St. Louis International Airport), National insured, 5.50% 2026 |
5,465 | 6,992 |
City of St. Louis, Airport Rev. Ref. Bonds (Lambert-St. Louis International Airport), National insured, 5.50% 2030 |
8,000 | 10,695 |
City of St. Louis, Airport Rev. Ref. Bonds (Lambert-St. Louis International Airport), National insured, 5.50% 2031 |
12,255 | 16,482 |
City of St. Louis, Airport Rev. Ref. Bonds (Lambert-St. Louis International Airport), Series 2005, National insured, 5.50% 2027 |
6,270 | 8,128 |
City of St. Louis, Airport Rev. Ref. Bonds (Lambert-St. Louis International Airport), Series 2005, National insured, 5.50% 2028 |
5,160 | 6,741 |
City of St. Louis, Airport Rev. Ref. Bonds (Lambert-St. Louis International Airport), Series 2005, National insured, 5.50% 2029 |
8,125 | 10,734 |
The Industrial Dev. Auth. of the County of St. Louis, Healthcare Facs. Rev. Bonds (Nazareth Living Center), Series 2015-A, 5.00% 2025 | 1,555 | 1,717 |
The Industrial Dev. Auth. of the County of St. Louis, Healthcare Facs. Rev. Bonds (Nazareth Living Center), Series 2015-B-2, 3.85% 2020 | 400 | 401 |
The Industrial Dev. Auth. of the County of St. Louis, Healthcare Facs. Rev. Bonds (Nazareth Living Center), Series 2015-B-2, 4.15% 2021 | 1,000 | 1,003 |
Transportation Dev. Dist. (Hazelwood, St. Louis County), Transportation Rev. Bonds (Missouri Bottom Road/Taussig Road), Series 2002, 7.20% 2033 | 5,500 | 4,802 |
163,057 | ||
Montana 0.03% | ||
Board of Housing, Single Family Mortgage Bonds, Series 2016-A-2, 3.50% 2044 | 4,325 | 4,698 |
Nebraska 0.52% | ||
Central Plains Energy Project, Gas Project Rev. Bonds (Project No. 1), Series 2007-A, 5.25% 2018 | 2,100 | 2,292 |
Central Plains Energy Project, Gas Project Rev. Bonds (Project No. 3), Series 2012, 5.00% 2027 | 3,985 | 4,640 |
Central Plains Energy Project, Gas Project Rev. Bonds (Project No. 3), Series 2012, 5.00% 2042 | 1,000 | 1,129 |
Central Plains Energy Project, Gas Project Rev. Bonds (Project No. 3), Series 2012, 5.25% 2037 | 6,275 | 7,206 |
Central Plains Energy Project, Gas Supply Rev. Ref. Bonds, Series 2014, 5.00% 2039 (put 2019) |
5,000 | 5,650 |
Hospital Auth. No. 2 of Douglas County, Health Facs. Rev. Ref. Bonds (Methodist Health System), Series 2015, 5.00% 2045 | 4,340 | 5,116 |
Hospital Auth. No. 2 of Douglas County, Health Facs. Rev. Ref. Bonds (Methodist Health System), Series 2015, 5.00% 2045 | 1,000 | 1,179 |
The Tax-Exempt Bond Fund of America — Page 55 of 98
Bonds, notes & other debt instruments Nebraska (continued) |
Principal amount (000) |
Value (000) |
Hospital Auth. No. 2 of Douglas County, Health Facs. Rev. Ref. Bonds (Methodist Health System), Series 2015, 5.00% 2048 | $2,300 | $2,704 |
Hospital Auth. No. 3 of Douglas County, Health Facs. Rev. Ref. Bonds (Methodist Health System), Series 2008, 5.75% 2028 (preref. 2018) | 10,795 | 12,032 |
Investment Fin. Auth., Single Family Housing Rev. Bonds, Series 2016-A, 3.50% 2046 | 8,600 | 9,313 |
Investment Fin. Auth., Single Family Housing Rev. Bonds, Series 2013-A, 3.00% 2043 | 695 | 716 |
Investment Fin. Auth., Single Family Housing Rev. Bonds, Series 2013-C, 2.50% 2035 | 1,940 | 1,972 |
Investment Fin. Auth., Single Family Housing Rev. Bonds, Series 2014-A, 3.00% 2044 | 1,025 | 1,058 |
Investment Fin. Auth., Single Family Housing Rev. Bonds, Series 2014-A, 4.00% 2044 | 860 | 924 |
Investment Fin. Auth., Single Family Housing Rev. Bonds, Series 2015, 3.50% 2045 | 2,315 | 2,494 |
Investment Fin. Auth., Single Family Housing Rev. Bonds, Series 2015-C, 3.50% 2045 | 7,220 | 7,712 |
Omaha Public Power Dist., Electric System Rev. Bonds, Series 2008-A, 5.50% 2033 | 1,000 | 1,075 |
Public Power Dist., General Rev. Bonds, Series 2008-B, 5.00% 2028 (preref. 2018) | 1,245 | 1,324 |
Public Power Dist., General Rev. Bonds, Series 2008-B, 5.00% 2028 (preref. 2018) | 3,245 | 3,450 |
71,986 | ||
Nevada 1.69% | ||
Clark County School Dist., G.O. (Limited Tax) Building Bonds, Series 2008-A, 5.00% 2021 | 2,420 | 2,614 |
Clark County School Dist., G.O. (Limited Tax) Building Bonds, Series 2008-A, 5.00% 2022 | 8,000 | 8,639 |
Clark County School Dist., G.O. (Limited Tax) Building Bonds, Series 2008-A, 5.00% 2023 (preref. 2018) | 7,000 | 7,574 |
Clark County Water Reclamation Dist., G.O. (Limited Tax) Water Reclamation Bonds, Series 2008, 5.625% 2032 (preref. 2018) |
1,000 | 1,097 |
Clark County, Airport System Rev. Bonds, Series 2010-B, 5.125% 2036 | 18,000 | 20,213 |
Clark County, Airport System Rev. Bonds, Series 2010-D, 5.00% 2023 | 7,025 | 8,001 |
Clark County, G.O. (Limited Tax) Bond Bank Bonds, Series 2008, 5.00% 2021 | 11,155 | 12,041 |
Clark County, Highway Rev. (Motor Vehicle Fuel Tax) Ref. Bonds, Series 2011, 5.00% 2022 | 10,580 | 12,885 |
Clark County, Las Vegas-McCarran International Airport, Passenger Fac. Charge Rev. Bonds, Series 2010-A, 5.00% 2030 |
2,000 | 2,245 |
Clark County, Las Vegas-McCarran International Airport, Passenger Fac. Charge Rev. Bonds, Series 2010-A, 5.125% 2034 |
10,980 | 12,314 |
Clark County, Las Vegas-McCarran International Airport, Passenger Fac. Charge Rev. Bonds, Series 2015-C, 5.00% 2022 |
2,125 | 2,578 |
Clark County, Las Vegas-McCarran International Airport, Passenger Fac. Charge Rev. Bonds, Series 2015-C, 5.00% 2027 |
1,000 | 1,288 |
Clark County, Las Vegas-McCarran International Airport, Passenger Fac. Charge Rev. Ref. Bonds, Series 2012-B, 5.00% 2028 |
5,780 | 6,816 |
Clark County, Las Vegas-McCarran International Airport, Passenger Fac. Charge Rev. Ref. Bonds, Series 2012-B, 5.00% 2033 |
1,885 | 2,207 |
Clark County, Pollution Control Rev. Ref. Bonds (Southern California Edison Company), Series 2010, 1.875% 2031 (put 2020) |
5,750 | 5,894 |
Clark County, Sales and Excise Tax Rev. (Streets and Highway Projects) Improvement and Ref. Bonds, Series 2010-B, 5.00% 2019 |
3,000 | 3,358 |
Clark County, Special Improvement Dist. No. 128 (Summerlin Centre), Local Improvement Bonds, Series 2001-B, 6.75% 2021 |
940 | 963 |
Clark County, Special Improvement Dist. No. 142 (Mountain’s Edge), Local Improvement Ref. Bonds, Series 2012, 5.00% 2019 |
3,785 | 4,058 |
G.O. (Limited Tax) Capital Improvement and Cultural Affairs Bonds, Series 2007-B, FGIC-National insured, 5.00% 2026 (preref. 2017) | 9,640 | 10,222 |
City of Henderson, Local Improvement Dist. No. T-17 (Madeira Canyon), Limited Obligation Improvement Bonds, 5.00% 2018 | 345 | 353 |
City of Henderson, Local Improvement Dist. No. T-17 (Madeira Canyon), Limited Obligation Improvement Bonds, 5.00% 2025 | 3,740 | 3,820 |
City of Henderson, Local Improvement Dist. No. T-18 (Inspirada), Limited Obligation Improvement Bonds, 5.25% 2026 | 4,935 | 4,910 |
The Tax-Exempt Bond Fund of America — Page 56 of 98
Bonds, notes & other debt instruments Nevada (continued) |
Principal amount (000) |
Value (000) |
City of Henderson, Local Improvement Dist. No. T-18 (Inspirada), Limited Obligation Improvement Bonds, 5.30% 2035 | $8,410 | $7,587 |
Highway Improvement Rev. Bonds (Motor Vehicle Fuel Tax), Series 2008, 5.00% 2024 (preref. 2018) | 4,850 | 5,244 |
City of Las Vegas, Redev. Agcy., Tax Increment Rev. Ref. Bonds, Series 2016, 5.00% 2040 | 2,170 | 2,569 |
City of Las Vegas, Redev. Agcy., Tax Increment Rev. Ref. Bonds, Series 2016, 5.00% 2045 | 1,775 | 2,093 |
City of Las Vegas, Sales Tax Increment Rev. Bonds, Series 2016, 2.75% 20212 | 615 | 616 |
City of Las Vegas, Sales Tax Increment Rev. Bonds, Series 2016, 3.50% 20252 | 885 | 889 |
Las Vegas Valley Water Dist., G.O. (Limited Tax) Ref. Bonds, Series 2011-C, 5.00% 2030 | 8,000 | 9,356 |
Las Vegas Valley Water Dist., G.O. (Limited Tax) Water and Ref. Bonds, Series 2009-D, 5.00% 2025 | 2,360 | 2,625 |
Las Vegas Valley Water Dist., G.O. (Limited Tax) Water and Ref. Bonds, Series 2009-D, 5.00% 2026 | 4,330 | 4,816 |
Las Vegas Valley Water Dist., G.O. (Limited Tax) Water Bonds, Series 2012-B, 5.00% 2032 | 2,000 | 2,395 |
Las Vegas Valley Water Dist., G.O. (Limited Tax) Water Bonds, Series 2012-B, 5.00% 2037 | 3,500 | 4,124 |
Las Vegas Valley Water Dist., G.O. (Limited Tax) Water Bonds, Series 2012-B, 5.00% 2042 | 1,000 | 1,175 |
Las Vegas Valley Water Dist., G.O. (Limited Tax) Water Improvement and Rev. Ref. Bonds, Series 2016-A, 5.00% 2031 | 1,600 | 2,015 |
Las Vegas Valley Water Dist., G.O. (Limited Tax) Water Improvement and Rev. Ref. Bonds, Series 2016-A, 5.00% 2032 | 1,115 | 1,399 |
Las Vegas Valley Water Dist., G.O. (Limited Tax) Water Improvement and Rev. Ref. Bonds, Series 2016-A, 5.00% 2033 | 2,500 | 3,124 |
Las Vegas Valley Water Dist., G.O. (Limited Tax) Water Improvement and Rev. Ref. Bonds, Series 2016-A, 5.00% 2034 | 3,500 | 4,356 |
Las Vegas Valley Water Dist., G.O. (Limited Tax) Water Improvement and Rev. Ref. Bonds, Series 2016-A, 5.00% 2035 | 2,000 | 2,479 |
Las Vegas Valley Water Dist., G.O. (Limited Tax) Water Improvement and Rev. Ref. Bonds, Series 2016-A, 5.00% 2041 | 3,900 | 4,803 |
Las Vegas Valley Water Dist., G.O. (Limited Tax) Water Improvement and Rev. Ref. Bonds, Series 2016-A, 5.00% 2046 | 15,420 | 18,869 |
City of North Las Vegas, Special Improvement Dist. No. 60 (Aliante), Local Improvement Rev. Ref. Bonds, Series 2016, 2.25% 2022 | 1,105 | 1,137 |
City of Reno, Hospital Rev. Bonds (Renown Regional Medical Center Project), Series 2007-A, 5.00% 2022 (preref. 2017) | 3,295 | 3,418 |
City of Reno, Hospital Rev. Bonds (Renown Regional Medical Center Project), Series 2007-A, 5.00% 2027 (preref. 2017) | 9,385 | 9,734 |
City of Reno, Hospital Rev. Bonds (Washoe Medical Center Project), Series 2004-A, AMBAC insured, 5.50% 2028 |
1,625 | 1,753 |
Redev. Agcy. of the City of Reno, Tax Increment Bonds, Series 2007-B, 5.00% 2027 | 2,000 | 1,885 |
Washoe County, Gas and Water Facs. Rev. Ref. Bonds (Sierra Pacific Power Company Projects), Series 2016-B, 3.00% 2036 (put 2022) | 1,500 | 1,629 |
234,180 | ||
New Hampshire 0.32% | ||
Business Fin. Auth., Rev. Bonds (Elliot Hospital Obligated Group Issue), Series 2009-A, 6.00% 2027 | 3,000 | 3,402 |
Business Fin. Auth., Rev. Bonds (Elliot Hospital Obligated Group Issue), Series 2009-A, 6.125% 2039 | 18,475 | 20,906 |
Health and Education Facs. Auth., Rev. Bonds (University System of New Hampshire), 5.00% 2032 | 2,565 | 3,170 |
Health and Education Facs. Auth., Rev. Bonds (University System of New Hampshire), 5.00% 2033 | 3,740 | 4,584 |
Health and Education Facs. Auth., Rev. Ref. Bonds (Southern New Hampshire Medical Center Issue), Series 2007-A, 5.00% 2037 |
8,500 | 8,877 |
Health and Education Facs. Auth., Rev. Ref. Bonds (Southern New Hampshire Medical Center Issue), Series 2007-A, 5.25% 2028 |
1,500 | 1,575 |
Health and Educational Facs. Auth., Healthcare System Rev. Bonds (Covenant Health Systems Obligated Group Issue), Series 2007-A, 5.25% 2024 | 1,910 | 2,051 |
44,565 |
The Tax-Exempt Bond Fund of America — Page 57 of 98
Bonds, notes & other debt instruments New Jersey 2.14% |
Principal amount (000) |
Value (000) |
Camden County, Improvement Auth., Health Care Redev. Project Rev. Bonds (The Cooper Health System Obligated Group Issue), Series 2013-A, 5.75% 2042 | $1,335 | $1,608 |
Camden County Improvement Auth., Health Care Redev. Project, Rev. Ref. Bonds (The Cooper Health System Obligated Group Issue), 5.00% 2035 | 750 | 873 |
Camden County, Improvement Auth., Health Care Redev. Project, Rev. Ref. Bonds (The Cooper Health System Obligated Group Issue), Series 2014, 5.00% 2025 | 1,020 | 1,240 |
Camden County, Improvement Auth., Health Care Redev. Project, Rev. Ref. Bonds (The Cooper Health System Obligated Group Issue), Series 2014, 5.00% 2026 | 1,000 | 1,209 |
Camden County, Improvement Auth., Health Care Redev. Project, Rev. Ref. Bonds (The Cooper Health System Obligated Group Issue), Series 2014, 5.00% 2027 | 4,900 | 5,880 |
Camden County, Improvement Auth., Health Care Redev. Project, Rev. Ref. Bonds (The Cooper Health System Obligated Group Issue), Series 2014, 5.00% 2032 | 1,000 | 1,174 |
Camden County, Improvement Auth., Health Care Redev. Project, Rev. Ref. Bonds (The Cooper Health System Obligated Group Issue), Series 2014, 5.00% 2034 | 3,000 | 3,505 |
Casino Reinvestment Dev. Auth., Luxury Tax Rev. Bonds, Series 2014, Assured Guaranty Municipal insured, 5.00% 2028 | 2,690 | 3,088 |
Certs. of Part., Series 2008-A, 5.00% 2023 | 1,000 | 1,068 |
Econ. Dev. Auth., Retirement Community Rev. Ref. Bonds (Seabrook Village, Inc. Fac.), Series 2006, 5.00% 2016 (escrowed to maturity) | 1,000 | 1,013 |
Econ. Dev. Auth., Retirement Community Rev. Ref. Bonds (Seabrook Village, Inc. Fac.), Series 2006, 5.25% 2026 (preref. 2016) |
1,925 | 1,952 |
Econ. Dev. Auth., Retirement Community Rev. Ref. Bonds (Seabrook Village, Inc. Fac.), Series 2006, 5.25% 2036 (preref. 2016) |
5,250 | 5,324 |
Econ. Dev. Auth., Rev. Bonds (Provident Group - Montclair Properties LLC - Montclair State University Student Housing Project), Series 2010-A, 5.375% 2025 | 4,160 | 4,690 |
Econ. Dev. Auth., Rev. Bonds (Provident Group - Montclair Properties LLC - Montclair State University Student Housing Project), Series 2010-A, 5.875% 2042 | 5,000 | 5,652 |
Econ. Dev. Auth., Rev. Ref. Bonds (Crane’s Mill Project), Series 2005-A, 5.50% 2018 | 320 | 333 |
Econ. Dev. Auth., Rev. Ref. Bonds (Provident Group - Rowan Properties L.L.C. - Rowan University Student Housing Project), Series 2015-A, 5.00% 2030 | 1,500 | 1,739 |
Econ. Dev. Auth., Rev. Ref. Bonds (Provident Group - Rowan Properties L.L.C. - Rowan University Student Housing Project), Series 2015-A, 5.00% 2048 | 5,500 | 6,210 |
Econ. Dev. Auth., School Facs. Construction Bonds, Series 2015-WW, 5.25% 2040 | 1,300 | 1,478 |
Econ. Dev. Auth., School Facs. Construction Notes, Series 2012-H, 1.31% 20171 | 4,250 | 4,250 |
Econ. Dev. Auth., School Facs. Construction Rev. Ref. Bonds, Series 2013-I, 2.04% 20281 | 5,000 | 4,511 |
Econ. Dev. Auth., School Facs. Construction Rev. Ref. Bonds, Series 2014-PP, 5.00% 2027 | 1,500 | 1,703 |
Educational Facs. Auth., Rev. and Rev. Ref. Bonds (Stockton University Issue), Series 2016-A, 5.00% 2026 | 2,500 | 3,077 |
Educational Facs. Auth., Rev. and Rev. Ref. Bonds (Stockton University Issue), Series 2016-A, 5.00% 2028 | 1,350 | 1,641 |
Educational Facs. Auth., Rev. and Rev. Ref. Bonds (Stockton University Issue), Series 2016-A, 5.00% 2032 | 1,300 | 1,553 |
Educational Facs. Auth., Rev. and Rev. Ref. Bonds (Stockton University Issue), Series 2016-A, Assured Guaranty Municipal insured, 5.00% 2035 | 750 | 904 |
Educational Facs. Auth., Rev. Ref. Bonds (Kean University Issue), Series 2009-A, 5.50% 2036 | 2,500 | 2,817 |
Educational Facs. Auth., Rev. Ref. Bonds (Kean University Issue), Series 2015-H, Assured Guaranty Municipal insured, 5.00% 2027 | 1,865 | 2,300 |
Educational Facs. Auth., Rev. Ref. Bonds (New Jersey City Issue), Series 2015-A, Assured Guaranty Municipal insured, 5.00% 2035 | 2,525 | 3,025 |
Educational Facs. Auth., Rev. Ref. Bonds (New Jersey City University Issue), Series 2016-D, Assured Guaranty Municipal insured, 5.00% 2028 | 3,025 | 3,773 |
Educational Facs. Auth., Rev. Ref. Bonds (New Jersey City University Issue), Series 2016-D, Assured Guaranty Municipal insured, 5.00% 2029 | 3,175 | 3,944 |
Educational Facs. Auth., Rev. Ref. Bonds (Rowan University Issue), Series 2016-C, Assured Guaranty Municipal insured, 5.00% 2026 | 1,000 | 1,271 |
Educational Facs. Auth., Rev. Ref. Bonds (Rowan University Issue), Series 2016-C, Assured Guaranty Municipal insured, 5.00% 2027 | 1,000 | 1,257 |
Health Care Facs. Fncg. Auth., Rev Bonds (Princeton Healthcare Systems Issue), Series 2016-A, 5.00% 2031 | 1,000 | 1,247 |
The Tax-Exempt Bond Fund of America — Page 58 of 98
Bonds, notes & other debt instruments New Jersey (continued) |
Principal amount (000) |
Value (000) |
Health Care Facs. Fncg. Auth., Rev Bonds (Princeton Healthcare Systems Issue), Series 2016-A, 5.00% 2032 | $1,310 | $1,622 |
Health Care Facs. Fncg. Auth., Rev Bonds (Princeton Healthcare Systems Issue), Series 2016-A, 5.00% 2033 | 1,670 | 2,061 |
Health Care Facs. Fncg. Auth., Rev. Bonds (AHS Hospital Corp. Issue), Series 2011, 6.00% 2041 | 1,500 | 1,824 |
Health Care Facs. Fncg. Auth., Rev. Bonds (Princeton HealthCare System Issue), Series 2016-A, 5.00% 2021 | 500 | 590 |
Health Care Facs. Fncg. Auth., Rev. Ref. Bonds (Barnabas Health Issue), Series 2011-A, 5.625% 2032 | 3,500 | 4,158 |
Health Care Facs. Fncg. Auth., Rev. Ref. Bonds (Barnabas Health Issue), Series 2011-A, 5.625% 2037 | 3,500 | 4,113 |
Health Care Facs. Fncg. Auth., Rev. Ref. Bonds (Barnabas Health Issue), Series 2012-A, 5.00% 2025 | 1,000 | 1,186 |
Health Care Facs. Fncg. Auth., Rev. Ref. Bonds (St. Peter’s University Hospital Obligated Group Issue), Series 2011, 6.00% 2026 |
1,000 | 1,114 |
Health Care Facs. Fncg. Auth., Rev. Ref. Bonds (University Hospital), Series 2015-A, Assured Guaranty Municipal insured, 5.00% 2026 | 1,095 | 1,353 |
Health Care Facs. Fncg. Auth., Rev. Ref. Bonds (University Hospital), Series 2015-A, Assured Guaranty Municipal insured, 5.00% 2029 | 1,000 | 1,215 |
Health Care Facs. Fncg. Auth., Rev. Ref. Bonds (University Hospital), Series 2015-A, Assured Guaranty Municipal insured, 5.00% 2046 | 3,375 | 3,979 |
Higher Education Student Assistance Auth., Student Loan Rev. Bonds, Series 2009-A, 5.00% 2017 | 8,000 | 8,256 |
Rutgers State University, G.O. Bonds (State University of New Jersey), Series 2013-J, 5.00% 2028 | 7,000 | 8,488 |
South Jersey Transportation Auth., Transportation System Rev. Bonds, Series 2012-A, 5.00% 2024 | 2,000 | 2,317 |
South Jersey Transportation Auth., Transportation System Rev. Bonds, Series 2012-A, 5.00% 2025 | 3,400 | 3,919 |
South Jersey Transportation Auth., Transportation System Rev. Bonds, Series 2012-A, 5.00% 2026 | 2,000 | 2,297 |
South Jersey Transportation Auth., Transportation System Rev. Bonds, Series 2012-A, 5.00% 2028 | 1,205 | 1,369 |
South Jersey Transportation Auth., Transportation System Rev. Bonds, Series 2014-A, 5.00% 2030 | 2,030 | 2,372 |
South Jersey Transportation Auth., Transportation System Rev. Bonds, Series 2014-A, 5.00% 2039 | 14,075 | 15,998 |
Tobacco Settlement Fncg. Corp., Tobacco Settlement Asset-backed Rev. Ref. Bonds, Series 2007-1-A, 5.00% 2041 |
58,645 | 58,024 |
Transit Corp., Grant Anticipation Notes (Federal Transit Administration Section 5307 Urbanized Area Formula Funds) Series 2014-A, 5.00% 2021 | 2,125 | 2,429 |
Transportation Trust Fund Auth., Transportation System Bonds, Series 2004-A, FGIC-National insured, 5.75% 2025 |
5,000 | 6,256 |
Transportation Trust Fund Auth., Transportation System Bonds, Series 2008-A, 6.00% 2038 | 3,255 | 3,594 |
Transportation Trust Fund Auth., Transportation System Bonds, Series 2008-A, 6.00% 2038 (preref. 2018) | 1,745 | 1,968 |
Transportation Trust Fund Auth., Transportation System Bonds, Series 2011-B, 5.50% 2031 | 2,000 | 2,270 |
Transportation Trust Fund Auth., Transportation System Rev. Ref. Bonds, Current Interest Bonds, Series 2006-A, 5.25% 2020 |
10,000 | 11,224 |
Transportation Trust Fund Auth., Transportation System Rev. Ref. Bonds, Current Interest Bonds, Series 2006-A, 5.25% 2021 |
10,000 | 11,411 |
Transportation Trust Fund Auth., Transportation System Rev. Ref. Bonds, Current Interest Bonds, Series 2006-A, 5.25% 2022 |
7,500 | 8,691 |
Transportation Trust Fund Auth., Transportation System Rev. Ref. Bonds, Series 2005-B, AMBAC insured, 5.25% 2023 | 8,000 | 9,400 |
Transportation Trust Fund Auth., Transportation System Rev. Ref. Bonds, Series 2013-A, 5.00% 2020 | 1,000 | 1,102 |
Turnpike Auth., Turnpike Rev. Ref. Bonds, Series 2013-D, 1.12% 2024 (put 2018)1 | 6,350 | 6,362 |
Turnpike Auth., Turnpike Rev. Ref. Bonds, Series 2013-E, 1.06% 2023 (put 2017)1 | 12,015 | 12,015 |
Turnpike Auth., Turnpike Rev. Ref. Bonds, Series 2013-E, 1.12% 2024 (put 2018)1 | 7,625 | 7,639 |
295,925 | ||
New Mexico 0.22% | ||
Bernalillo County, Gross Receipts Tax Rev. Ref. Bonds, Series 1998, 5.20% 2021 | 6,040 | 6,800 |
Educational Assistance Foundation, Education Loan Rev. Ref. Bonds, Series 2010-A-2, 1.323% 20281 | 175 | 174 |
City of Farmington, Pollution Control Rev. Ref. Bonds (Southern California Edison Company Four Corners Project), 1.875% 2029 (put 2020) | 2,510 | 2,580 |
City of Farmington, Pollution Control Rev. Ref. Bonds (Southern California Edison Company Four Corners Project), Series 2005-A, 1.875% 2029 (put 2020) | 9,000 | 9,252 |
City of Farmington, Pollution Control Rev. Ref. Bonds (Southern California Edison Company Four Corners Project), Series 2005-B, 1.875% 2029 (put 2020) | 3,000 | 3,084 |
The Tax-Exempt Bond Fund of America — Page 59 of 98
Bonds, notes & other debt instruments New Mexico (continued) |
Principal amount (000) |
Value (000) |
Hospital Equipment Loan Council, Rev. Ref. Bonds (Haverland Charter Lifestyle Group), Series 2012, 5.00% 2032 |
$1,415 | $1,560 |
Hospital Equipment Loan Council, Rev. Ref. Bonds (Haverland Charter Lifestyle Group), Series 2012, 5.00% 2042 |
750 | 818 |
Hospital Equipment Loan Council, Hospital System Rev. Bonds (Presbyterian Healthcare Services), Series 2015-A, 5.00% 2044 |
3,000 | 3,610 |
Mortgage Fin. Auth., Single Family Mortgage Program Bonds, Series 2009-C-2, Class I, 5.70% 2040 | 310 | 328 |
Mortgage Fin. Auth., Single Family Mortgage Program Bonds, Series 2009-D, Class I, 5.35% 2040 | 190 | 202 |
Mortgage Fin. Auth., Single Family Mortgage Program Class I Bonds, Series 2010-A, 4.50% 2028 | 480 | 503 |
Mortgage Fin. Auth., Single Family Mortgage Program Class I Bonds, Series 2010-A, 4.625% 2025 | 310 | 330 |
Mortgage Fin. Auth., Single Family Mortgage Program Rev. Ref. Bonds, Series 2009-B-2, Class I, 5.65% 2039 | 410 | 426 |
Mortgage Fin. Auth., Single Family Mortgage Program Rev. Ref. Bonds, Series 2009-E, Class I, 5.30% 2040 | 680 | 702 |
30,369 | ||
New York 6.30% | ||
City of Albany, Industrial Dev. Agcy., Civic Fac. Rev. Ref. Bonds (St. Peter’s Hospital of the City of Albany Project), Series 2008-A, 5.25% 2027 | 1,000 | 1,062 |
Buffalo and Erie County, Industrial Land Dev. Corp., Rev. Bonds (Buffalo State College Foundation Housing Corp. Project), Series 2011-A, 6.00% 2031 | 1,000 | 1,206 |
Buffalo and Erie County, Industrial Land Dev. Corp., Obligated Group Rev. Bonds (Catholic Health System, Inc. Project), Series 2015, 5.00% 2023 | 800 | 965 |
Buffalo and Erie County, Industrial Land Dev. Corp., Obligated Group Rev. Bonds (Catholic Health System, Inc. Project), Series 2015, 5.00% 2040 | 1,500 | 1,770 |
County of Chautauqua, Industrial Dev. Agcy., Exempt Fac. Rev. Bonds (NRG Dunkirk Power Project), Series 2009, 5.875% 2042 |
395 | 429 |
Dormitory Auth., FHA insured Mortgage Hospital Rev. Bonds (Kaleida Health), Series 2006, 4.60% 2027 (preref. 2016) | 6,700 | 6,712 |
Dormitory Auth., Fordham University, Rev. Bonds, Series 2011-A, 5.50% 2036 | 500 | 603 |
Dormitory Auth., Icahn School of Medicine at Mount Sinai, Rev. Bonds, Series 2015-A, 5.00% 2031 | 1,000 | 1,226 |
Dormitory Auth., Icahn School of Medicine at Mount Sinai, Rev. Bonds, Series 2015-A, 5.00% 2033 | 7,500 | 9,142 |
Dormitory Auth., Icahn School of Medicine at Mount Sinai, Rev. Bonds, Series 2015-A, 5.00% 2040 | 500 | 603 |
Dormitory Auth., Mental Health Services Facs. Improvement Rev. Ref. Bonds, Series 2010-A, 5.00% 2021 | 5,000 | 5,823 |
Dormitory Auth., Mount Sinai Hospital Obligated Group Rev. Ref. Bonds, Series 2010-A, 5.00% 2026 | 1,250 | 1,433 |
Dormitory Auth., Municipal Health Facs. Improvement Program Lease Rev. Bonds, Series 2001-2, Subseries 2-2, 5.00% 2023 |
10,000 | 10,640 |
Dormitory Auth., Municipal Health Facs. Improvement Program Lease Rev. Bonds, Series 2001-2, Subseries 2-3, 5.00% 2023 |
7,150 | 7,608 |
Dormitory Auth., Municipal Health Facs. Improvement Program Lease Rev. Bonds, Series 2001-2, Subseries 2-3, 5.00% 2026 |
3,535 | 3,758 |
Dormitory Auth., North Shore-Long Island Jewish Obligated Group, Rev. Ref. Bonds, Series 2011-A, 5.00% 2032 |
11,000 | 12,807 |
Dormitory Auth., NYU Hospitals Center Rev. Bonds, 5.00% 2036 | 650 | 780 |
Dormitory Auth., NYU Hospitals Center Rev. Bonds, Series 2016-A, 4.00% 2040 | 525 | 586 |
Dormitory Auth., Orange Regional Medical Center Obligated Group Rev. Bonds, Series 2015, 5.00% 20312 | 500 | 571 |
Dormitory Auth., School Districts Rev. Bond Fncg. Program Rev. Bonds, Series 2012-F, Assured Guaranty Municipal insured, 5.00% 2020 | 1,100 | 1,287 |
Dormitory Auth., School Districts Rev. Bond Fncg. Program Rev. Bonds, Series 2016-A, 5.00% 2023 | 3,235 | 4,035 |
Dormitory Auth., School Districts Rev. Bond Fncg. Program Rev. Bonds, Series 2016-E, 5.00% 2026 | 1,000 | 1,299 |
Dormitory Auth., Secured Hospital Rev. Ref. Bonds (Interfaith Medical Center), Series 2007, 5.00% 2019 | 2,100 | 2,205 |
Dormitory Auth., Secured Hospital Rev. Ref. Bonds (Interfaith Medical Center), Series 2007, 5.00% 2020 | 3,400 | 3,652 |
Dormitory Auth., State Personal Income Tax Rev. Bonds (Education), Series 2008-B, 5.00% 2023 | 10,000 | 11,111 |
Dormitory Auth., State Personal Income Tax Rev. Bonds (Education), Series 2009-A, 5.00% 2028 | 8,000 | 8,867 |
Dormitory Auth., State Personal Income Tax Rev. Bonds (Education), Series 2014-C Group A, 5.00% 2024 | 5,000 | 6,345 |
Dormitory Auth., State Personal Income Tax Rev. Bonds (Education), Series 2014-C, 5.00% 2044 | 2,500 | 2,995 |
Dormitory Auth., State Personal Income Tax Rev. Bonds (Education), Series 2014-E, 5.00% 2032 | 1,750 | 2,164 |
The Tax-Exempt Bond Fund of America — Page 60 of 98
Bonds, notes & other debt instruments New York (continued) |
Principal amount (000) |
Value (000) |
Dormitory Auth., State Personal Income Tax Rev. Bonds (General Purpose), Series 2011-A, 5.00% 2033 | $8,760 | $10,307 |
Dormitory Auth., State Personal Income Tax Rev. Bonds (General Purpose), Series 2011-C, 5.00% 2041 | 1,890 | 2,212 |
Dormitory Auth., State Personal Income Tax Rev. Bonds (General Purpose), Series 2014-A, 5.00% 2030 | 2,500 | 3,090 |
Dormitory Auth., State Personal Income Tax Rev. Bonds (General Purpose), Series 2015-A, 5.00% 2034 | 4,390 | 5,386 |
Dormitory Auth., State Sales Tax Rev. Bonds, Series 2013-A, 5.00% 2038 | 1,600 | 1,921 |
Dormitory Auth., The New School Rev. Bonds, Series 2015-A, 5.00% 2033 | 1,000 | 1,209 |
Dutchess County Local Dev. Corp., Rev. Bonds (Health Quest Systems, Inc. Project), Series 2016-B, 5.00% 2046 |
750 | 906 |
Environmental Facs. Corp., State Clean Water and Drinking Water Rev. Ref. Second Resolution Bonds (New York City Municipal Water Fin. Auth. Projects), Series 2002-K, 5.50% 2017 |
5,000 | 5,223 |
Environmental Facs. Corp., State Clean Water and Drinking Water Revolving Funds Rev. Bonds (New York City Municipal Water Fin. Auth. Projects - Second Resolution Bonds), Series 2011-B, 5.00% 2036 | 2,500 | 2,952 |
Erie County, Industrial Dev. Agcy., School Fac. Rev. Bonds (City School Dist. of the City of Buffalo Project), Series 2011-A, 5.25% 2025 | 500 | 598 |
Erie County, Industrial Dev. Agcy., School Fac. Rev. Ref. Bonds (City School Dist. of the City of Buffalo Project), Series 2011-B, 5.00% 2024 | 1,000 | 1,186 |
Erie County, Industrial Dev. Agcy., School Fac. Rev. Ref. Bonds (City School Dist. of the City of Buffalo Project), Series 2012-A, 5.00% 2025 | 1,000 | 1,213 |
Erie County, Industrial Dev. Agcy., School Fac. Rev. Ref. Bonds (City School Dist. of the City of Buffalo Project), Series 2013-A, 5.00% 2026 | 6,000 | 7,431 |
Erie County, Industrial Dev. Agcy., School Fac. Rev. Ref. Bonds (City School Dist. of the City of Buffalo Project), Series 2013-A, 5.00% 2027 | 3,000 | 3,692 |
City of New York, G.O. Bonds, Series 2010-B, 5.00% 2016 | 1,050 | 1,050 |
Various Purpose G.O. Bonds, Series 2016-A, 5.00% 2027 | 825 | 1,042 |
Various Purpose G.O. Bonds, Series 2016-B, 5.00% 2024 | 3,735 | 4,671 |
Town of Hempstead, Local Dev. Corp. Rev. Ref. Bonds (Adelphi University Project), 5.00% 2020 | 1,270 | 1,468 |
Town of Hempstead, Local Dev. Corp. Rev. Ref. Bonds (Adelphi University Project), 5.00% 2025 | 420 | 522 |
Town of Hempstead, Local Dev. Corporation Rev. Ref. Bonds (Adelphi University Project), Series 2014, 5.00% 2027 |
900 | 1,107 |
Hudson Yards Infrastructure Corp., Rev. Bonds, Fiscal 2012 Series A, 5.25% 2047 | 6,000 | 6,912 |
Hudson Yards Infrastructure Corp., Rev. Bonds, Fiscal 2012 Series A, 5.75% 2047 | 9,500 | 11,242 |
Liberty Dev. Corp., Liberty Rev. Ref. Bonds (3 World Trade Center Project), Series 2014, Class 1, 5.00% 20442 | 6,000 | 6,904 |
Liberty Dev. Corp., Liberty Rev. Ref. Bonds (3 World Trade Center Project), Series 2014, Class 2, 5.15% 20342 | 14,000 | 15,800 |
Liberty Dev. Corp., Liberty Rev. Ref. Bonds (3 World Trade Center Project), Series 2014, Class 2, 5.375% 20402 | 2,700 | 3,157 |
Liberty Dev. Corp., Liberty Rev. Ref. Bonds (4 World Trade Center Project), Series 2011, 5.00% 2031 | 3,500 | 4,123 |
Liberty Dev. Corp., Liberty Rev. Ref. Bonds (4 World Trade Center Project), Series 2011, 5.00% 2044 | 4,000 | 4,672 |
Liberty Dev. Corp., Liberty Rev. Ref. Bonds (7 World Trade Center Project), Series 2012, 5.00% 2043 | 4,000 | 4,599 |
Liberty Dev. Corp., Liberty Rev. Ref. Bonds (Bank of America Tower at One Bryant Park Project), Series 2010, 6.375% 2049 | 21,000 | 23,918 |
Liberty Dev. Corp., Rev. Bonds (Goldman Sachs Headquarters Issue), Series 2005, 5.25% 2035 | 1,000 | 1,349 |
Long Island Power Auth., Electric System General Rev. Bonds, Series 2003-C, CIFG insured, 5.25% 2029 | 4,000 | 5,244 |
Long Island Power Auth., Electric System General Rev. Bonds, Series 2012-A, 5.00% 2042 | 3,600 | 4,234 |
Long Island Power Auth., Electric System General Rev. Bonds, Series 2014-A, 5.00% 2034 | 1,500 | 1,803 |
Long Island Power Auth., Electric System General Rev. Bonds, Series 2014-A, 5.00% 2039 | 3,995 | 4,767 |
Long Island Power Auth., Electric System General Rev. Bonds, Series 2014-C, 0.977% 2033 (put 2018)1 | 1,500 | 1,500 |
Long Island Power Auth., Electric System General Rev. Bonds, Series 2015-C, 1.207% 2033 (put 2018)1 | 6,425 | 6,456 |
Metropolitan Transportation Auth., Dedicated Tax Fund Bonds, Series 2009-B, 5.00% 2034 | 1,000 | 1,137 |
Metropolitan Transportation Auth., Dedicated Tax Fund Bonds, Series 2009-B, 5.25% 2022 (preref. 2019) | 5,000 | 5,752 |
Metropolitan Transportation Auth., Dedicated Tax Fund Bonds, Series 2009-B, 5.25% 2030 (preref. 2019) | 2,000 | 2,299 |
Metropolitan Transportation Auth., Dedicated Tax Fund Green Bonds (Climate Bond Certified), Series 2016-B-1, 5.00% 2036 | 5,000 | 6,278 |
Metropolitan Transportation Auth., Dedicated Tax Fund Rev. Ref. Bonds, Series 2002-B-3C, 1.36% 20191 |
8,900 | 8,975 |
Metropolitan Transportation Auth., Dedicated Tax Fund Rev. Ref. Bonds, Series 2012-A, 5.00% 2022 |
1,680 | 2,078 |
The Tax-Exempt Bond Fund of America — Page 61 of 98
Bonds, notes & other debt instruments New York (continued) |
Principal amount (000) |
Value (000) |
Metropolitan Transportation Auth., Dedicated Tax Fund Rev. Ref. Bonds, Series 2002-B-3D, 1.44% 20201 | $11,100 | $11,202 |
Metropolitan Transportation Auth., Dedicated Tax Fund Rev. Ref. Bonds, Series 2008-A-2A, 0.82% 2026 (put 2017)1 |
495 | 494 |
Metropolitan Transportation Auth., Transportation Rev. Bonds, Series 2003-B, FGIC-National insured, 5.25% 2021 |
5,000 | 6,069 |
Metropolitan Transportation Auth., Transportation Rev. Bonds, Series 2005-C, 5.00% 2016 | 1,000 | 1,014 |
Metropolitan Transportation Auth., Transportation Rev. Bonds, Series 2008-B-2, 5.00% 2016 | 3,000 | 3,041 |
Metropolitan Transportation Auth., Transportation Rev. Bonds, Series 2008-C, 5.50% 2018 | 4,100 | 4,344 |
Metropolitan Transportation Auth., Transportation Rev. Bonds, Series 2011-D, 5.00% 2036 | 6,000 | 7,100 |
Metropolitan Transportation Auth., Transportation Rev. Bonds, Series 2012-D, 5.00% 2016 | 5,000 | 5,068 |
Metropolitan Transportation Auth., Transportation Rev. Bonds, Series 2014-B, 5.00% 2016 | 1,000 | 1,014 |
Metropolitan Transportation Auth., Transportation Rev. Bonds, Series 2014-B, 5.00% 2044 | 13,000 | 15,614 |
Metropolitan Transportation Auth., Transportation Rev. Bonds, Series 2015-A-1, 5.00% 2040 | 8,000 | 9,647 |
Metropolitan Transportation Auth., Transportation Rev. Bonds, Series 2015-A-1, 5.00% 2045 | 20,000 | 24,065 |
Metropolitan Transportation Auth., Transportation Rev. Bonds, Series 2015-A-2, 1.02% 2039 (put 2020)1 | 13,000 | 12,917 |
Metropolitan Transportation Auth., Transportation Rev. Bonds, Series 2015-C-1, 5.00% 2035 | 6,000 | 7,343 |
Metropolitan Transportation Auth., Transportation Rev. Ref. Bonds, Series 2011-C, 5.00% 2023 |
5,000 | 5,957 |
Metropolitan Transportation Auth., Transportation Rev. Ref. Bonds, Series 2012-D, 5.00% 2024 |
8,000 | 9,782 |
Metropolitan Transportation Auth., Transportation Rev. Ref. Bonds, Series 2012-D, 5.00% 2029 |
7,000 | 8,450 |
Metropolitan Transportation Auth., Transportation Rev. Ref. Bonds, Series 2012-D, 5.00% 2032 |
3,105 | 3,751 |
Metropolitan Transportation Auth., Transportation Rev. Ref. Bonds, Series 2012-F, 5.00% 2030 |
10,000 | 12,115 |
Metropolitan Transportation Auth., Transportation Rev. Ref. Bonds, Series 2014-A-2, 5.00% 2028 |
3,000 | 3,706 |
Monroe County, Industrial Dev. Corp., FHA insured Mortgage Rev. Bonds (Unity Hospital of Rochester Project), Series 2010, 5.50% 2040 | 1,000 | 1,179 |
Mortgage Agcy., Homeowner Mortgage Rev. Bonds, Series 195, 4.00% 2046 | 9,375 | 10,306 |
Mortgage Agcy., Homeowner Mortgage Rev. Bonds, Series 197, 3.50% 2044 | 6,000 | 6,526 |
Mortgage Agcy., Mortgage Rev. Ref. Bonds, Series 48, 2.625% 2041 | 310 | 318 |
Municipal Bond Bank Agcy., Special School Purpose Rev. Ref. Bonds (Prior Year Claims - City of New York), Series 2012-A, 5.00% 2021 | 2,000 | 2,397 |
Nassau County, G.O. General Improvement Bonds, 2016 Ref. Series A, 5.00% 2030 | 750 | 929 |
Nassau County, G.O. General Improvement Bonds, Series 2016-B, 5.00% 2023 | 510 | 628 |
City of New Rochelle, Corp. for Local Dev. Rev Bonds (Iona College Project), Series 2015-A, 5.00% 2045 | 600 | 702 |
City of New York, G.O. Bonds, Series 2013-F-1, 5.00% 2037 | 3,000 | 3,575 |
City of New York, G.O. Bonds, Series 2013-H, 5.00% 2023 | 3,855 | 4,806 |
City of New York, G.O. Bonds, Fiscal 2009 Series E, 5.00% 2016 | 7,000 | 7,002 |
City of New York, G.O. Bonds, Fiscal 2014, Series 2013-B, 4.00% 2016 | 2,185 | 2,185 |
City of New York, G.O. Bonds, Fiscal 2014, Series 2013-G, 5.00% 2016 | 1,350 | 1,350 |
City of New York, G.O. Bonds, Fiscal 2014, Series 2014-J, 3.00% 2016 | 2,000 | 2,000 |
City of New York, G.O. Bonds, Series 2002-C, 5.00% 2016 | 5,750 | 5,752 |
City of New York, G.O. Bonds, Series 2007-D, 5.00% 2017 | 5,000 | 5,116 |
City of New York, G.O. Bonds, Series 2008-J-4, 0.99% 20251 | 2,350 | 2,350 |
City of New York, G.O. Bonds, Series 2011-I-1, 5.00% 2016 | 1,000 | 1,000 |
City of New York, G.O. Bonds, Series 2012-F, 5.00% 2016 | 1,000 | 1,000 |
City of New York, G.O. Bonds, Series 2013-D, 5.00% 2016 | 3,000 | 3,001 |
City of New York, G.O. Bonds, Series 2013-J, 5.00% 2016 | 8,025 | 8,027 |
City of New York, G.O. Bonds, Series 2013-J, 5.00% 2023 | 500 | 623 |
City of New York, G.O. Bonds, Series 2014-A, 5.00% 2024 | 5,500 | 6,991 |
City of New York, G.O. Bonds, Series 2014-G, 5.00% 2023 | 2,500 | 3,117 |
City of New York, G.O. Bonds, Series 2014-J, 5.00% 2030 | 2,000 | 2,480 |
The Tax-Exempt Bond Fund of America — Page 62 of 98
Bonds, notes & other debt instruments New York (continued) |
Principal amount (000) |
Value (000) |
City of New York, G.O. Bonds, Series 2015-A, 5.00% 2026 | $8,000 | $10,349 |
City of New York, G.O. Bonds, Series 2015-C, 5.00% 2028 | 1,500 | 1,890 |
City of New York, G.O. Bonds, Series 2015-C, 5.00% 2030 | 10,000 | 12,460 |
City of New York, G.O. Bonds, Series 2015-C, 5.00% 2032 | 3,500 | 4,317 |
City of New York, G.O. Bonds, Series 2015-C, 5.00% 2033 | 1,000 | 1,229 |
City of New York, G.O. Bonds, Series 2015-D, 5.00% 2030 | 2,560 | 3,190 |
City of New York, G.O. Bonds, Series 2016-E, 5.00% 2026 | 2,000 | 2,619 |
New York City Housing Dev. Corp., Multi-family Housing Rev. Bonds, Series 2009-C-1, 5.50% 2034 | 1,000 | 1,085 |
New York City Housing Dev. Corp., Multi-family Housing Rev. Bonds, Series 2009-K, 4.90% 2034 | 3,000 | 3,160 |
New York City, Municipal Water Fin. Auth., Water and Sewer System Second General Resolution Rev. Bonds, Series 2007-DD, 4.75% 2035 | 1,085 | 1,123 |
New York City, Municipal Water Fin. Auth., Water and Sewer System Second General Resolution Rev. Bonds, Series 2007-DD, 4.75% 2035 (preref. 2017) | 6,415 | 6,651 |
New York City, Municipal Water Fin. Auth., Water and Sewer System Second General Resolution Rev. Bonds, Fiscal 2012, Series 2011-BB, 5.25% 2044 | 3,000 | 3,609 |
New York City, Municipal Water Fin. Auth., Water and Sewer System Second General Resolution Rev. Bonds, Series 2010-FF, 5.00% 2025 | 2,255 | 2,613 |
New York City, Municipal Water Fin. Auth., Water and Sewer System Second General Resolution Rev. Bonds, Series 2011-GG, 5.00% 2026 | 2,000 | 2,381 |
New York City, Municipal Water Fin. Auth., Water and Sewer System Second General Resolution Rev. Bonds, Series 2011-GG, 5.00% 2043 | 2,000 | 2,335 |
New York City Transitional Fin. Auth., Building Aid Rev. Bonds, Fiscal 2009 Series S-5, 5.25% 2022 | 5,000 | 5,571 |
New York City Transitional Fin. Auth., Building Aid Rev. Bonds, Fiscal 2012 Series S-1-A, 5.00% 2032 | 6,400 | 7,507 |
New York City Transitional Fin. Auth., Building Aid Rev. Bonds, Fiscal 2013 Series S-1, 5.00% 2033 | 1,825 | 2,191 |
New York City Transitional Fin. Auth., Building Aid Rev. Bonds, Fiscal 2016 Series S-1, 5.00% 2029 | 5,000 | 6,341 |
New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2011 Series D, 5.00% 2024 | 1,000 | 1,180 |
New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2012 Series E-1, 5.00% 2037 | 2,000 | 2,379 |
New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2012 Series F-1, 5.00% 2039 | 1,000 | 1,191 |
New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2013 Series F-1, 5.00% 2028 | 1,500 | 1,846 |
New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2013 Series F-1, 5.00% 2036 | 1,000 | 1,194 |
New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2017 Series 2016-A-1, 5.00% 2035 | 1,000 | 1,242 |
New York City Transitional Fin. Auth., Future Tax Secured Bonds, Series 2014-D-1, 5.00% 2036 | 500 | 611 |
New York City Transitional Fin. Auth., Future Tax Secured Bonds, Series 2015-C, 5.00% 2027 | 7,250 | 9,272 |
New York City Transitional Fin. Auth., Future Tax Secured Bonds, Series A-1, 5.00% 2021 (preref. 2016) | 3,500 | 3,501 |
New York City Transitional Fin. Auth., Future Tax Secured Rev. Ref. Bonds, Series 2011-E, 5.00% 2016 | 5,950 | 6,021 |
New York City Transitional Fin. Auth., Future Tax Secured Rev. Ref. Bonds, Series 2012-D, 5.00% 2016 | 5,000 | 5,060 |
New York City Transitional Fin. Auth., Future Tax Secured Rev. Ref. Bonds, Series 2014-A1, 5.00% 2037 | 2,500 | 3,081 |
New York City Transitional Fin. Auth., Future Tax Secured Rev. Ref. Bonds, Series 2015-A-1, 5.00% 2034 | 8,000 | 9,917 |
New York City Transitional Fin. Auth., Future Tax Secured Rev. Ref. Bonds, Series 2015-A-1, 5.00% 2036 | 4,000 | 4,925 |
New York City Transitional Fin. Auth., Future Tax Secured Rev. Ref. Bonds, Series 2015-A-1, 5.00% 2037 | 3,000 | 3,677 |
New York City Transitional Fin. Auth., Future Tax Secured Rev. Ref. Bonds, Series 2015-E-1, 5.00% 2031 | 5,000 | 6,212 |
New York City Transitional Fin. Auth., Future Tax Secured Rev. Ref. Bonds, Series 2015-E-1, 5.00% 2041 | 1,200 | 1,453 |
New York City Transitional Fin. Auth., Multi-Modal Rev. Ref. Bonds, Series 2011-B, 5.00% 2020 | 1,500 | 1,723 |
New York City, Health and Hospitals Corp., Health System Rev. Ref. Bonds, Series 2010-A, 5.00% 2021 | 1,500 | 1,723 |
New York City, Health and Hospitals Corp., Health System Rev. Ref. Bonds, Series 2010-A, 5.00% 2024 | 5,000 | 5,700 |
New York City, Housing Dev. Corp. Multi-Family Rev. Bonds (8 Spruce Street), Series 2014-E, 3.50% 2048 | 5,260 | 5,462 |
New York City, Municipal Water Fin. Auth., Water and Sewer System Rev. Ref. Bonds, Series 2012-BB, 5.00% 2047 |
5,000 | 5,910 |
New York City, Municipal Water Fin. Auth., Water and Sewer System Second General Resolution Rev. Bonds, Series 2009-EE, 5.00% 2018 (escrowed to maturity) | 5,000 | 5,417 |
Port Auth., Special Project Bonds (JFK International Air Terminal LLC Project), Series 8, 5.00% 2020 | 1,000 | 1,145 |
Port Auth., Special Project Bonds (JFK International Air Terminal LLC Project), Series 8, 6.00% 2036 | 7,000 | 8,274 |
Port Auth., Special Project Bonds (JFK International Air Terminal LLC Project), Series 8, 6.00% 2042 | 13,000 | 15,322 |
County of Rockland G.O. Bonds, Series 2014-A, Assured Guaranty Municipal insured, 5.00% 2022 | 1,750 | 2,076 |
Seneca Nation of Indians, Rev. Bonds, Series A, 5.00% 20232 | 18,900 | 19,360 |
The Tax-Exempt Bond Fund of America — Page 63 of 98
Bonds, notes & other debt instruments New York (continued) |
Principal amount (000) |
Value (000) |
Seneca Nation of Indians, Rev. Bonds, Series A, 5.25% 20162 | $670 | $677 |
State Energy Research and Dev. Auth., Pollution Control Rev. Ref. Bonds (New York State Electric & Gas Corp. Project), Series 1994-B, 2.00% 2029 (put 2020) | 2,000 | 2,058 |
Suffolk County, Econ. Dev. Corp., Rev. Ref. Bonds (Catholic Health Services of Long Island Obligated Group Project), 5.00% 2028 | 2,135 | 2,433 |
Suffolk County, Econ. Dev. Corp., Rev. Ref. Bonds (Catholic Health Services of Long Island Obligated Group Project), 5.00% 2028 (preref. 2021) | 365 | 437 |
Suffolk County, Industrial Dev. Agcy., Continuing Care Retirement Community Rev. Ref. Bonds (Jefferson’s Ferry Project), Series 2006, 5.00% 2028 | 3,000 | 3,022 |
Thruway Auth., General Rev. Bonds, Series I, 5.00% 2042 | 2,500 | 2,913 |
Thruway Auth., General Rev. Junior Indebtedness Obligations, Series 2013-A, 5.00% 2019 | 2,800 | 3,130 |
Thruway Auth., General Rev. Junior Indebtedness Obligations, Series 2016-A, 5.00% 2031 | 1,000 | 1,241 |
Thruway Auth., General Rev. Junior Indebtedness Obligations, Series 2016-A, 5.00% 2032 | 5,000 | 6,195 |
Thruway Auth., General Rev. Junior Indebtedness Obligations, Series 2016-A, 5.00% 2035 | 3,250 | 3,968 |
Thruway Auth., General Rev. Junior Indebtedness Obligations, Series 2016-A, 5.00% 2041 | 3,500 | 4,257 |
Thruway Auth., General Rev. Junior Indebtedness Obligations, Series 2016-A, 5.00% 2046 | 8,500 | 10,266 |
Thruway Auth., General Rev. Junior Indebtedness Obligations, Series 2016-A, 5.00% 2051 | 1,600 | 1,923 |
Thruway Auth., General Rev. Junior Indebtedness Obligations, Series 2016-A, 5.25% 2056 | 3,250 | 4,017 |
Thruway Auth., Second General Highway and Bridge Trust Fund Bonds, Series 2008-A, 5.00% 2022 (preref. 2018) |
1,500 | 1,610 |
Thruway Auth., Second General Highway and Bridge Trust Fund Rev. Ref. Bonds, Series 2012-A, 5.00% 2030 | 1,000 | 1,196 |
Tobacco Settlement Fncg. Corp., Asset-Backed Rev. Bonds, Series 2013-B, 5.00% 2021 | 15 | 15 |
Tobacco Settlement Fncg. Corp., Rev. Ref. Bonds (State Contingency Contract Secured), Series 2011-B, 5.00% 2018 |
500 | 540 |
Triborough Bridge and Tunnel Auth. (MTA Bridges and Tunnels), General Rev. Ref. Bonds, Series 2005-B-4D, 0.893% 2031 (put 2018)1 | 3,000 | 2,999 |
Triborough Bridge and Tunnel Auth. (MTA Bridges and Tunnels), General Rev. Ref. Bonds, Series 2005-B-4E, 0.941% 2032 (put 2017)1 | 4,000 | 4,002 |
Triborough Bridge and Tunnel Auth. (MTA Bridges and Tunnels), Rev. Ref. Bonds, Series 2013-A, 5.00% 2023 | 2,500 | 3,138 |
Urban Dev. Corp., Rev. Bonds (General Purpose), Series 2014-A, 5.00% 2024 | 5,000 | 6,345 |
Urban Dev. Corp., Rev. Bonds (General Purpose), Series 2014-A, 5.00% 2027 | 2,500 | 3,154 |
Urban Dev. Corp., Rev. Bonds (General Purpose), Series 2014-A, 5.00% 2034 | 7,500 | 9,126 |
Urban Dev. Corp., Service Contract Rev. Ref. Bonds, Series 2008-D, 5.25% 2021 | 8,500 | 9,447 |
Urban Dev. Corp., State Personal Income Tax Rev. Bonds (General Purpose), Series 2013-D, 5.00% 2021 | 5,000 | 5,942 |
Urban Dev. Corp., State Personal Income Tax Rev. Bonds (General Purpose), Series 2016-A, 5.00% 2028 | 1,750 | 2,253 |
Urban Dev. Corp., State Personal Income Tax Rev. Bonds (General Purpose), Series 2016-A, 5.00% 2029 | 1,000 | 1,277 |
Urban Dev. Corp., State Personal Income Tax Rev. Bonds (General Purpose), Series 2016-A, 5.00% 2030 | 3,500 | 4,440 |
Urban Dev. Corp., State Personal Income Tax Rev. Bonds (General Purpose), Series 2016-A, 5.00% 2031 | 4,500 | 5,672 |
Utility Debt Securitization Auth., Restructuring Bonds, Series 2013-TE, 5.00% 2030 | 2,500 | 3,105 |
Utility Debt Securitization Auth., Restructuring Bonds, Series 2016-A, 5.00% 2034 | 5,000 | 6,333 |
870,748 | ||
North Carolina 0.68% | ||
Capital Improvement Limited Obligation Bonds, Series 2009-A, 5.00% 2027 | 2,500 | 2,796 |
Capital Facs. Fin. Agcy., Rev. Ref. Bonds (Johnson & Wales University), Series 2013-A, 5.00% 2022 | 740 | 883 |
Eastern Municipal Power Agcy., Power System Rev. Ref. Bonds, Series 1993-B, 6.00% 2022 (escrowed to maturity) | 2,815 | 3,565 |
Eastern Municipal Power Agcy., Power System Rev. Ref. Bonds, Series 1993-B, 6.00% 2026 (escrowed to maturity) |
1,990 | 2,805 |
Eastern Municipal Power Agcy., Power System Rev. Ref. Bonds, Series 1993-B, FGIC-National insured, 6.00% 2025 (escrowed to maturity) |
11,225 | 15,469 |
Eastern Municipal Power Agcy., Power System Rev. Ref. Bonds, Series 1993-B, National insured, 6.00% 2026 (escrowed to maturity) | 2,500 | 3,524 |
Eastern Municipal Power Agcy., Power System Rev. Ref. Bonds, Series 2008-A, 5.00% 2023 (preref. 2018) | 1,400 | 1,488 |
Eastern Municipal Power Agcy., Power System Rev. Ref. Bonds, Series 2008-A, 5.00% 2024 (preref. 2018) | 9,855 | 10,478 |
The Tax-Exempt Bond Fund of America — Page 64 of 98
Bonds, notes & other debt instruments North Carolina (continued) |
Principal amount (000) |
Value (000) |
Eastern Municipal Power Agcy., Power System Rev. Ref. Bonds, Series 2009-B, 5.00% 2026 (preref. 2019) | $2,000 | $2,211 |
Grant Anticipation Rev. Vehicle Bonds, Series 2015, 5.00% 2028 | 2,895 | 3,576 |
Grant Anticipation Rev. Vehicle Bonds, Series 2015, 5.00% 2029 | 7,500 | 9,219 |
Grant Anticipation Rev. Vehicle Bonds, Series 2015, 5.00% 2030 | 3,000 | 3,670 |
Medical Care Commission, Health Care Facs. First Mortgage Rev. Ref. Bonds (Lutheran Services for the Aging), Series 2012-A, 5.00% 2042 | 1,860 | 2,000 |
Medical Care Commission, Health Care Facs. First Mortgage Rev. Ref. Bonds (Pennybyrn at Maryfield), 5.00% 2025 |
1,500 | 1,731 |
Medical Care Commission, Health Care Facs. Rev. Ref. Bonds (Wake Forest Baptist Obligated Group), Series 2012-C, 1.18% 2033 (put 2017)1 |
1,805 | 1,799 |
Medical Care Commission, Health Care Facs. Rev. Ref. Bonds (WakeMed), Series 2012-A, 5.00% 2031 | 3,000 | 3,524 |
Medical Care Commission, Retirement Facs. First Mortgage Rev. Bonds (Carolina Village Project), Series 2008-A, 6.00% 2038 |
5,000 | 5,224 |
Municipal Power Agcy. No. 1, Catawba Electric Rev. Ref. Bonds, Series 2010-B, 5.00% 2020 | 3,350 | 3,823 |
Municipal Power Agcy. No. 1, Catawba Electric Rev. Ref. Bonds, Series 2012-A, 5.00% 2019 | 3,640 | 4,017 |
Municipal Power Agcy. No. 1, Catawba Electric Rev. Ref. Bonds, Series 2012-A, 5.00% 2019 (escrowed to maturity) | 1,360 | 1,504 |
Municipal Power Agcy. No. 1, Catawba Electric Rev. Ref. Bonds, Series 2012-A, 5.00% 2020 | 905 | 1,033 |
Municipal Power Agcy. No. 1, Catawba Electric Rev. Ref. Bonds, Series 2012-A, 5.00% 2020 (escrowed to maturity) | 345 | 396 |
Municipal Power Agcy. No. 1, Catawba Electric Rev. Ref. Bonds, Series 2009-A, 5.00% 2030 (preref. 2019) | 1,425 | 1,576 |
Municipal Power Agcy. No. 1, Catawba Electric Rev. Ref. Bonds, Series 2009-A, 5.00% 2030 | 575 | 630 |
Onslow County Hospital Auth., FHA insured Mortgage Rev. Ref. Bonds (Onslow Memorial Hospital Project), Series 2006, National insured, 5.00% 2023 (preref. 2016) | 1,060 | 1,068 |
Onslow County, Hospital Auth., FHA insured Mortgage Rev. Ref. Bonds (Onslow Memorial Hospital Project), Series 2006, National insured, 5.00% 2024 | 1,115 | 1,124 |
Onslow County Hospital Auth., FHA insured Mortgage Rev. Ref. Bonds (Onslow Memorial Hospital Project), Series 2006, National insured, 5.00% 2024 (preref. 2016) | 1,085 | 1,094 |
Onslow County Hospital Auth., FHA insured Mortgage Rev. Ref. Bonds (Onslow Memorial Hospital Project), Series 2006, National insured, 5.125% 2021 (preref. 2016) | 470 | 474 |
Onslow County Hospital Auth., FHA insured Mortgage Rev. Ref. Bonds (Onslow Memorial Hospital Project), Series 2006, National insured, 5.125% 2022 (preref. 2016) | 980 | 988 |
Dept. of State Treasurer, Grant Anticipation Rev. Vehicle Bonds, Series 2009, 5.00% 2018 | 2,000 | 2,137 |
93,826 | ||
North Dakota 0.12% | ||
Burleigh County, Health Care Rev. Bonds (St. Alexius Medical Center Project), Series 2014-A, 5.00% 2024 (preref. 2021) | 1,210 | 1,446 |
Burleigh County, Health Care Rev. Bonds (St. Alexius Medical Center Project), Series 2014-A, 5.00% 2035 (preref. 2021) | 700 | 837 |
Housing Fin. Agcy., Housing Fin. Program Bonds (Home Mortgage Fin. Program), Series 2012-A, 3.75% 2042 | 980 | 1,036 |
Housing Fin. Agcy., Housing Fin. Program Bonds (Home Mortgage Fin. Program), Series 2014-A, 4.00% 2034 | 795 | 859 |
Housing Fin. Agcy., Housing Fin. Program Bonds (Home Mortgage Fin. Program), Series 2015-A, 4.00% 2038 | 1,515 | 1,638 |
Housing Fin. Agcy., Housing Fin. Program Bonds (Home Mortgage Fin. Program), Series 2015-B, 4.00% 2036 | 2,325 | 2,538 |
Housing Fin. Agcy., Housing Fin. Program Bonds (Home Mortgage Fin. Program), Series 2015-D, 4.00% 2046 | 7,800 | 8,562 |
16,916 | ||
Ohio 3.80% | ||
Air Quality Dev. Auth., Air Quality Dev. Rev. Bonds (FirstEnergy Generation Corp. Project), Series 2009-A, 5.70% 2020 |
14,215 | 15,690 |
Air Quality Dev. Auth., Pollution Control Rev. Ref. Bonds (FirstEnergy Generation Corp. Project), Series 2009-C, 5.625% 2018 |
17,200 | 18,191 |
Air Quality Dev. Auth., Pollution Control Rev. Ref. Bonds (FirstEnergy Nuclear Generation Corp. Project), Series 2009-B, 3.10% 2023 (put 2019) | 1,000 | 996 |
The Tax-Exempt Bond Fund of America — Page 65 of 98
Bonds, notes & other debt instruments Ohio (continued) |
Principal amount (000) |
Value (000) |
Akron, Bath and Copley Joint Township Hospital Dist., Hospital Facs. Rev. Bonds (Akron General Health System), Series 2012, 5.00% 2031 (preref. 2022) | $3,000 | $3,596 |
Akron, Bath, and Copley Joint Township Hospital Dist., Hospital Facs. Rev. Bonds (Akron General Health System), 3.80% 2027 (preref. 2022) | 6,715 | 7,626 |
County of Allen, Hospital Facs. Rev. Ref. and Improvement Bonds (Catholic Health Partners), Series 2012-A, 5.00% 2033 | 16,000 | 18,625 |
County of Allen, Hospital Facs. Rev. Ref. Bonds (Catholic Healthcare Partners), Series 2010-A, 5.00% 2038 | 5,850 | 6,539 |
American Municipal Power, Inc., AMP Fremont Energy Center Project Rev. Bonds, Series 2012-B, 5.00% 2037 | 2,000 | 2,327 |
Buckeye Tobacco Settlement Fncg. Auth., Tobacco Settlement Asset-backed Bonds, Current Interest Bonds, Series 2007-A-2, 5.875% 2030 |
19,990 | 19,992 |
Buckeye Tobacco Settlement Fncg. Auth., Tobacco Settlement Asset-backed Bonds, Current Interest Bonds, Series 2007-A-2, 5.875% 2047 |
103,455 | 103,401 |
Buckeye Tobacco Settlement Fncg. Auth., Tobacco Settlement Asset-backed Bonds, Current Interest Bonds, Series 2007-A-2, 6.50% 2047 |
38,380 | 39,247 |
Building Auth., State Facs. Rev. Ref. Bonds (Adult Correctional Building Fund Projects), Series 2004-C, National insured, 5.25% 2017 | 10,000 | 10,553 |
County of Butler, Hospital Facs. Rev. Bonds (Cincinnati Children’s Hospital Medical Center Project), Series 2006-K, FGIC-National insured, 4.25% 2030 |
4,000 | 4,006 |
County of Butler, Hospital Facs. Rev. Bonds (UC Health), Series 2010, 5.50% 2040 | 6,000 | 7,068 |
County of Butler, Hospital Facs. Rev. Bonds (UC Health), Series 2010, 5.75% 2040 | 11,000 | 13,083 |
City of Centerville, Health Care Rev. Ref. Bonds (Bethany Lutheran Village Continuing Care Fac. Expansion Project), Series 2007-A, 6.00% 2027 | 3,080 | 3,192 |
City of Centerville, Health Care Rev. Ref. Bonds (Bethany Lutheran Village Continuing Care Fac. Expansion Project), Series 2007-A, 6.00% 2038 | 2,000 | 2,063 |
City of Cleveland, Airport System Rev. Ref. Bonds, Series 2000-C, Assured Guaranty Municipal insured, 5.00% 2031 (preref. 2017) |
8,000 | 8,154 |
City of Cleveland, Airport System Rev. Ref. Bonds, Series 2006-A, AMBAC insured, 5.25% 2021 | 8,000 | 9,297 |
City of Cleveland, Airport System Rev. Ref. Bonds, Series 2011-A, 5.00% 2022 | 3,000 | 3,434 |
City of Cleveland, Airport System Rev. Ref. Bonds, Series 2011-A, Assured Guaranty Municipal insured, 5.00% 2021 |
2,000 | 2,313 |
City of Cleveland, Airport System Rev. Ref. Bonds, Series 2012-A, 5.00% 2026 | 3,000 | 3,514 |
City of Cleveland, Airport System Rev. Ref. Bonds, Series 2012-A, 5.00% 2028 | 3,000 | 3,480 |
City of Cleveland, Airport System Rev. Ref. Bonds, Series 2012-A, 5.00% 2029 | 3,000 | 3,475 |
City of Cleveland, Airport System Rev. Ref. Bonds, Series 2012-A, 5.00% 2030 | 3,655 | 4,220 |
City of Cleveland, Airport System Rev. Ref. Bonds, Series 2012-A, 5.00% 2031 | 2,000 | 2,305 |
City of Cleveland, Airport System Rev. Ref. Bonds, Series 2012-A, Assured Guaranty Municipal insured, 5.00% 2028 |
4,000 | 4,661 |
City of Cleveland, Airport System Rev. Ref. Bonds, Series 2016-A, Assured Guaranty Municipal insured, 5.00% 2027 |
1,175 | 1,446 |
City of Cleveland, Airport System Rev. Ref. Bonds, Series 2016-A, Assured Guaranty Municipal insured, 5.00% 2028 |
1,525 | 1,861 |
City of Cleveland, Airport System Rev. Ref. Bonds, Series 2016-A, Assured Guaranty Municipal insured, 5.00% 2030 |
2,000 | 2,410 |
City of Cleveland, Airport System Rev. Ref. Bonds, Series 2016-A, Assured Guaranty Municipal insured, 5.00% 2031 |
1,000 | 1,200 |
City of Cleveland, Airport System Rev. Ref. Bonds, Series 2016-B, Assured Guaranty Municipal insured, 5.00% 2023 |
1,260 | 1,500 |
County of Franklin, Health Care Facs. Improvement Rev. Bonds (OPRS Communities), Series 2013-A, 6.00% 2035 |
2,700 | 3,081 |
County of Franklin, Health Care Facs. Improvement Rev. Bonds (OPRS Communities), Series 2013-A, 6.125% 2040 |
4,250 | 4,854 |
County of Franklin, Health Care Facs. Improvement Rev. Bonds (Presbyterian Retirement Services Project), Series 2010-A, 5.625% 2026 | 1,850 | 2,055 |
County of Gallia, Hospital Facs. Rev. Ref. and Improvement Bonds (Holzer Health System Obligated Group Project), Series 2012-A, 8.00% 2042 | 4,880 | 5,913 |
The Tax-Exempt Bond Fund of America — Page 66 of 98
Bonds, notes & other debt instruments Ohio (continued) |
Principal amount (000) |
Value (000) |
County of Hamilton, Healthcare Facs. Rev. Bonds (Christ Hospital Project), Series 2012, 5.00% 2042 | $3,500 | $3,971 |
County of Hamilton, Healthcare Facs. Rev. Bonds (Christ Hospital Project), Series 2012, 5.25% 2032 | 4,075 | 4,732 |
County of Hamilton, Healthcare Rev. Ref. Bonds (Life Enriching Communities Project), Series 2006-A, 5.00% 2037 |
9,955 | 10,052 |
Higher Education G.O. Ref. Bonds, Series 2009-A, 5.00% 2019 | 5,000 | 5,645 |
Hospital Rev. Bonds (Cleveland Clinic Health System Obligated Group), Series 2008-A, 5.25% 2029 | 2,000 | 2,133 |
Hospital Rev. Bonds (Cleveland Clinic Health System Obligated Group), Series 2008-A, 5.25% 2033 | 3,195 | 3,406 |
Hospital Rev. Bonds (University Hospitals Health System, Inc. Project), Series 2007-A, 4.50% 2031 (preref. 2017) |
2,750 | 2,801 |
Hospital Rev. Bonds (University Hospitals Health System, Inc. Project), Series 2016-A, 4.00% 2046 | 3,500 | 3,764 |
Hospital Rev. Bonds (University Hospitals Health System, Inc. Project), Series 2016-A, 5.00% 2032 | 4,000 | 4,893 |
Hospital Rev. Bonds (University Hospitals Health System, Inc. Project), Series 2016-A, 5.00% 2035 | 1,990 | 2,400 |
Hospital Rev. Bonds (University Hospitals Health System, Inc. Project), Series 2016-A, 5.00% 2036 | 1,750 | 2,104 |
Hospital Rev. Bonds (University Hospitals Health System, Inc. Project), Series 2016-A, 5.00% 2041 | 4,655 | 5,593 |
Hospital Rev. Bonds (University Hospitals Health System, Inc. Project), Series 2016-A, 5.00% 2046 | 5,000 | 5,975 |
Hospital Rev. Ref. Bonds (Cleveland Clinic Health System Obligated Group), Series 2012-A, 5.00% 2038 | 5,000 | 5,834 |
Housing Fin. Agcy., Capital Fund Rev. Bonds, Series 2007-A, Assured Guaranty Municipal insured, 5.00% 2022 |
5,565 | 5,730 |
Housing Fin. Agcy., Residential Mortgage Rev. Ref. Bonds (Mortgage-backed Securities Program), Series 2009-E, 5.00% 2039 |
190 | 198 |
Housing Fin. Agcy., Residential Mortgage Rev. Ref. Bonds (Mortgage-backed Securities Program), Series 2016-D, 4.00% 2047 |
28,000 | 30,849 |
Housing Fin. Agcy., Residential Mortgage Rev. Ref. Bonds, Series 2009-C, 4.50% 2039 | 385 | 397 |
Housing Fin. Agcy., Single Family Mortgage Rev. Bonds, Series 2010-1, 5.00% 2028 | 2,840 | 2,998 |
Housing Fin. Agcy., Single Family Mortgage Rev. Bonds, Series 2011-1, 4.80% 2028 | 355 | 381 |
Housing Fin. Agcy., Single Family Mortgage Rev. Bonds, Series 2011-2, 4.50% 2028 | 225 | 240 |
Housing Fin. Agcy., Single Family Mortgage Rev. Bonds, Series 2011-3, 4.50% 2029 | 630 | 663 |
Infrastructure Improvement G.O. Bonds, Series 2008-A, 5.375% 2028 (preref. 2018) | 995 | 1,071 |
Infrastructure Improvement G.O. Bonds, Series 2008-A, 5.375% 2028 (preref. 2018) | 580 | 624 |
Kent State University, Rev. General Receipts, Series 2016, 5.00% 2027 | 1,000 | 1,284 |
County of Lake, Hospital Facs. Rev. Ref. Bonds (Lake Hospital System, Inc.), Series 2008-C, 5.625% 2029 (preref. 2018) |
2,515 | 2,774 |
Licking County, Health Care Facs. Rev. Ref. Bonds (Kendal Granville), Series 2015-A, 6.00% 2050 | 1,500 | 1,658 |
Major New State Infrastructure Project Rev. Bonds, Series 2012-1, 5.00% 2020 | 1,000 | 1,174 |
Major New State Infrastructure Project Rev. Bonds, Series 2012-1, 5.00% 2021 | 1,750 | 2,109 |
County of Miami, Hospital Facs. Rev. Ref. and Improvement Bonds (Upper Valley Medical Center), Series 2006, 5.25% 2021 |
1,660 | 1,667 |
County of Miami, Hospital Facs. Rev. Ref. and Improvement Bonds (Upper Valley Medical Center), Series 2006, 5.25% 2026 |
3,250 | 3,262 |
Montgomery County, Hospital Facs. Rev. Bonds (Kettering Health Network Obligated Group Project), Series 2016, 4.00% 2047 |
4,000 | 4,323 |
County of Muskingum, Hospital Facs. Rev. Ref. Bonds (Genesis HealthCare System Obligated Group Project), Series 2013, 5.00% 2033 | 6,500 | 7,133 |
County of Muskingum, Hospital Facs. Rev. Ref. Bonds (Genesis HealthCare System Obligated Group Project), Series 2013, 5.00% 2044 | 1,500 | 1,637 |
County of Muskingum, Hospital Facs. Rev. Ref. Bonds (Genesis HealthCare System Obligated Group Project), Series 2013, 5.00% 2048 | 1,495 | 1,625 |
Public Housing Capital Fund Rev. Trust II, Trust Certificates, 4.50% 20222,3 | 2,024 | 2,113 |
Public Housing Capital Fund Rev. Trust II, Trust Certificates, 5.00% 20222,3 | 2,735 | 2,848 |
County of Richland, Hospital Facs. Rev. Ref. Bonds (MedCentral Health System Obligated Group), Series 2006, 5.125% 2021 |
1,000 | 1,014 |
Turnpike Rev. Ref. Bonds, Series 2010-A, 5.25% 2027 | 2,500 | 3,322 |
Turnpike Rev. Ref. Bonds, Series 2013-A-1, 5.00% 2048 | 3,750 | 4,350 |
University of Cincinnati, General Receipts Rev. Ref. Bonds, Series 2009-C, Assured Guaranty insured, 5.00% 2017 |
2,335 | 2,424 |
The Tax-Exempt Bond Fund of America — Page 67 of 98
Bonds, notes & other debt instruments Ohio (continued) |
Principal amount (000) |
Value (000) |
Warren County, Health Care Facs., Rev. Ref. Bonds (Otterbein Homes Obligated Group), Series 2013-A, 5.75% 2033 |
$1,000 | $1,213 |
Warren County, Health Care Facs., Rev. Ref. Bonds (Otterbein Homes Obligated Group), Series 2014, 5.00% 2033 |
375 | 444 |
Warren County, Health Care Facs., Rev. Ref. Bonds (Otterbein Homes Obligated Group), Series 2014, 5.00% 2034 |
505 | 596 |
Warren County, Healthcare Facs., Rev. Ref. Bonds (Otterbein Homes Obligated Group), Series 2016-A, 5.00% 2033 |
820 | 980 |
Warren County, Healthcare Facs., Rev. Ref. Bonds (Otterbein Homes Obligated Group), Series 2016-A, 5.00% 2034 |
1,000 | 1,193 |
Warren County, Healthcare Facs., Rev. Ref. Bonds (Otterbein Homes Obligated Group), Series 2016-A, 5.00% 2035 |
1,000 | 1,181 |
Warren County, Healthcare Facs., Rev. Ref. Bonds (Otterbein Homes Obligated Group), Series 2016-A, 5.00% 2036 |
500 | 590 |
Warren County, Healthcare Facs., Rev. Ref. Bonds (Otterbein Homes Obligated Group), Series 2016-A, 5.00% 2040 |
575 | 674 |
Water Dev. Auth., Solid Waste Rev. Bonds (Waste Management Project), Series 2004, 2.25% 2021 (put 2016) | 1,000 | 1,001 |
Water Dev. Auth., Pollution Control Rev. Ref. Bonds (FirstEnergy Nuclear Generation Corp. Project), Series 2005-B, 4.00% 2034 (put 2021) |
12,500 | 13,074 |
Water Dev. Auth., Pollution Control Rev. Ref. Bonds (FirstEnergy Nuclear Generation Corp. Project), Series 2006-A, 3.00% 2019 |
2,000 | 2,017 |
Water Quality Dev. Auth., Pollution Control Rev. Ref. Bonds (FirstEnergy Nuclear Generation Corp. Project), Series 2014-B, 4.00% 2033 (put 2019) | 5,000 | 5,099 |
524,601 | ||
Oklahoma 0.16% | ||
Dev. Fin. Auth., Health System Rev. Ref. Bonds (Obligated Group Consisting of INTEGRIS Baptist Medical Center, Inc., INTEGRIS South Oklahoma City Hospital Corp. and INTEGRIS Rural Health, Inc.), Series 2008-B, 5.25% 2038 (preref. 2018) |
5,000 | 5,470 |
Housing Fin. Agcy., Single Family Mortgage Rev. Bonds (Homeownership Loan Program), Series 2009-A, 5.25% 2029 | 135 | 144 |
Housing Fin. Agcy., Single Family Mortgage Rev. Bonds (Homeownership Loan Program), Series 2009-B, 4.90% 2036 | 840 | 862 |
Housing Fin. Agcy., Single Family Mortgage Rev. Bonds (Homeownership Loan Program), Series 2012-A, 5.00% 2043 | 645 | 700 |
Municipal Power Auth., Power Supply System Rev. Ref. Bonds, Series 2005-A, 1.24% 2023 (put 2018)1 | 6,765 | 6,755 |
Tulsa County Industrial Auth., Health Care Rev. Bonds (St. Francis Health System, Inc.), Series 2006, 5.00% 2020 |
1,250 | 1,271 |
Tulsa County Industrial Auth., Health Care Rev. Bonds (St. Francis Health System, Inc.), Series 2006, 5.00% 2023 |
2,045 | 2,080 |
Tulsa Industrial Auth., Rev. Ref. Bonds (University of Tulsa), Series 2009, 6.00% 2027 | 3,000 | 3,459 |
Turnpike Auth., Turnpike System Rev. Bonds, Series 2011-B, 5.00% 2029 | 1,650 | 1,925 |
22,666 | ||
Oregon 0.49% | ||
Cow Creek Band of Umpqua Tribe of Indians, Tax Rev. Bonds, Series 2006-C, 5.625% 2026 | 7,080 | 7,110 |
Facs. Auth., Rev. Ref. Bonds (Providence Health & Services), Series 2013-C, 1.44% 2022 (put 2018)1 | 600 | 600 |
Facs. Auth., Rev. Bonds (University of Portland Projects), Series 2015-A, 4.00% 2040 | 2,480 | 2,698 |
Facs. Auth., Rev. Bonds (University of Portland Projects), Series 2015-A, 5.00% 2032 | 1,000 | 1,202 |
Facs. Auth., Rev. Bonds (University of Portland Projects), Series 2015-A, 5.00% 2033 | 1,000 | 1,199 |
Facs. Auth., Rev. Bonds (University of Portland Projects), Series 2015-A, 5.00% 2045 | 3,500 | 4,160 |
City of Forest Grove, Oregon Campus Improvement Rev. Ref. Bonds (Pacific University Project), Series 2015-A, 5.00% 2024 |
1,000 | 1,225 |
G.O. Bonds (Veterans’ Welfare Bonds 96), Series 2015-Q, 4.00% 2045 | 12,885 | 14,132 |
State Board of Higher Education, G.O. Bonds, Series 2006-A, 5.00% 2031 (preref. 2016) | 1,695 | 1,695 |
The Tax-Exempt Bond Fund of America — Page 68 of 98
Bonds, notes & other debt instruments Oregon (continued) |
Principal amount (000) |
Value (000) |
State Board of Higher Education, G.O. Bonds, Series 2006-A, 5.00% 2036 (preref. 2016) | $2,715 | $2,716 |
Health and Science Rev. Bonds (Oregon Health and Science University), Series 2016-B, 5.00% 2033 | 1,000 | 1,260 |
Health and Science Rev. Bonds (Oregon Health and Science University), Series 2016-B, 5.00% 2034 | 2,500 | 3,136 |
Housing and Community Services Dept., Mortgage Rev. Bonds (Single Family Mortgage Program), Series 2016-A, 4.00% 2047 |
12,500 | 13,807 |
Klamath Falls, Intercommunity Hospital Auth., Rev. Ref. Bonds (Sky Lakes Medical Center Project), Series 2016, 5.00% 2046 |
1,230 | 1,475 |
The Hospital Fac. Auth. of Polk County, Rev. Bonds (Dallas Retirement Village Project), Series 2015-A, 5.375% 2045 |
2,000 | 2,124 |
The Hospital Fac. Auth. of Polk County, Rev. Bonds (Dallas Retirement Village Project), Series 2015-B, 3.625% 2020 |
3,000 | 3,013 |
Port of Portland, Portland International Airport Passenger Fac. Charge Rev. Bonds, Series 2011-A, 5.50% 2031 | 3,000 | 3,527 |
Port of Portland, Portland International Airport Rev. Bonds, Series 2015-23, 5.00% 2027 | 1,675 | 2,136 |
67,215 | ||
Pennsylvania 2.74% | ||
Allegheny County, Airport Auth., Airport Rev. Bonds, Series 2014-A, 5.00% 2032 | 1,000 | 1,202 |
Allegheny County, Hospital Dev. Auth., University of Pittsburgh Medical Center Rev. Bonds, Series 2007-A-1, 1.247% 20371 | 9,775 | 9,014 |
Allegheny County, Hospital Dev. Auth., University of Pittsburgh Medical Center Rev. Bonds, Series 2008-B, 5.00% 2018 | 9,250 | 10,006 |
Beaver County, Industrial Dev. Auth., Pollution Control Rev. Ref. Bonds (FirstEnergy Nuclear Generation Project), Series 2005-A, 4.00% 2035 (put 2021) | 750 | 773 |
Beaver County, Industrial Dev. Auth., Pollution Control Rev. Ref. Bonds (FirstEnergy Nuclear Generation Project), Series 2008-A, 2.70% 2035 (put 2018) | 3,000 | 2,987 |
Chester County, Health and Education Facs. Auth., Health System Rev. Ref. Bonds (Jefferson Health System), Series 2010-A, 5.00% 2031 | 5,000 | 5,663 |
Commonwealth Fncg. Auth., Rev. Bonds, Series 2013-B, 5.00% 2036 | 1,500 | 1,730 |
Cumberland County, Municipal Auth. Rev. Bonds (Dickinson College Project), 5.00% 2029 | 1,000 | 1,256 |
Cumberland County, Municipal Auth., Rev. Ref. Bonds (Presbyterian Homes Obligated Group Project), Series 2008-A, 5.00% 2017 |
665 | 676 |
Dauphin County, General Auth., Health System Rev. Bonds (Pinnacle Health System Project), Series 2016-A, 5.00% 2035 | 1,000 | 1,213 |
Delaware River Joint Toll Bridge Commission Bridge System Rev. Ref. Bonds, Series 2015, 5.00% 2029 | 300 | 372 |
Delaware River Joint Toll Bridge Commission Bridge System Rev. Ref. Bonds, Series 2015, 5.00% 2030 | 350 | 431 |
Delaware River Joint Toll Bridge Commission Bridge System Rev. Ref. Bonds, Series 2015, 5.00% 2031 | 350 | 429 |
Delaware River Port Auth., Port Dist. Project Rev. Ref. Bonds, Series 2012, 5.00% 2021 | 3,100 | 3,520 |
Delaware River Port Auth., Port Dist. Project Rev. Ref. Bonds, Series 2012, 5.00% 2022 | 1,275 | 1,467 |
East Hempfield Township, Industrial Dev. Auth., Rev. Bonds (Student Services, Inc. Student Housing Project at Millersville University of Pennsylvania), Series 2013, 5.00% 2030 | 1,000 | 1,128 |
East Hempfield Township, Industrial Dev. Auth., Rev. and Rev. Ref. Bonds (Willow Valley Communities Project), 5.00% 2026 | 1,385 | 1,710 |
East Hempfield Township, Industrial Dev. Auth., Rev. and Rev. Ref. Bonds (Willow Valley Communities Project), 5.00% 2027 | 1,380 | 1,690 |
East Hempfield Township, Industrial Dev. Auth., Rev. and Rev. Ref. Bonds (Willow Valley Communities Project), 5.00% 2030 | 400 | 484 |
East Hempfield Township, Industrial Dev. Auth., Rev. and Rev. Ref. Bonds (Willow Valley Communities Project), 5.00% 2031 | 1,075 | 1,295 |
East Hempfield Township, Industrial Dev. Auth., Rev. and Rev. Ref. Bonds (Willow Valley Communities Project), 5.00% 2039 | 1,000 | 1,177 |
East Hempfield Township, Industrial Dev. Auth., Rev. Bonds (Student Services, Inc. Student Housing Project at Millersville University of Pennsylvania), Series 2013, 5.00% 2045 | 200 | 220 |
East Hempfield Township, Industrial Dev. Auth., Rev. Bonds (Student Services, Inc. Student Housing Project at Millersville University of Pennsylvania), Series 2014, 5.00% 2039 | 435 | 484 |
The Tax-Exempt Bond Fund of America — Page 69 of 98
Bonds, notes & other debt instruments Pennsylvania (continued) |
Principal amount (000) |
Value (000) |
East Hempfield Township, Industrial Dev. Auth., Rev. Bonds (Student Services, Inc. Student Housing Project at Millersville University of Pennsylvania), Series 2014, 5.00% 2046 | $750 | $830 |
East Hempfield Township, Industrial Dev. Auth., Rev. Bonds (Student Services, Inc. Student Housing Project at Millersville University of Pennsylvania), Series 2015, 5.00% 2035 | 1,060 | 1,197 |
East Hempfield Township, Industrial Dev. Auth., Rev. Bonds (Student Services, Inc. Student Housing Project at Millersville University of Pennsylvania), Series 2015, 5.00% 2047 | 1,250 | 1,397 |
Econ. Dev. Fncg. Auth., Exempt Facs. Rev. Ref. Bonds (PPL Energy Supply, LLC Project), Series 2009-B, 5.00% 2038 (put 2020) |
3,000 | 3,117 |
Geisinger Auth., Health System Rev. Bonds (Geisinger Health System), Series 2014-B, 1.364% 2028 (put 2024)1 |
3,500 | 3,524 |
Higher Education Facs. Auth., Rev. Bonds (Thomas Jefferson University), Series 2015-A, 5.25% 2050 | 5,400 | 6,467 |
Higher Educational Facs. Auth., Rev. Bonds (Edinboro University Foundation Student Housing Project), 5.80% 2030 |
1,000 | 1,093 |
Higher Educational Facs. Auth., Rev. Bonds (Edinboro University Foundation Student Housing Project), Series 2008, 5.00% 2018 |
890 | 921 |
Higher Educational Facs. Auth., Rev. Bonds (Edinboro University Foundation Student Housing Project), Series 2008, 6.00% 2042 |
2,500 | 2,624 |
Higher Educational Facs. Auth., Rev. Bonds (Edinboro University Foundation Student Housing Project), Series 2010, 6.00% 2043 |
2,600 | 2,854 |
Higher Educational Facs. Auth., Rev. Bonds (Shippensburg University Student Services, Inc. Student Housing Project at Shippensburg University of Pennsylvania), Series 2011, 6.25% 2043 | 690 | 797 |
Higher Educational Facs. Auth., Rev. Bonds (Shippensburg University Student Services, Inc. Student Housing Project at Shippensburg University of Pennsylvania), Series 2012, 5.00% 2030 | 1,000 | 1,116 |
Higher Educational Facs. Auth., Rev. Bonds (Shippensburg University Student Services, Inc. Student Housing Project at Shippensburg University of Pennsylvania), Series 2012, 5.00% 2044 | 1,980 | 2,168 |
Higher Educational Facs. Auth., Rev. Bonds (University Properties, Inc. Student Housing Project at East Stroudsburg University of Pennsylvania), Series 2010, 5.00% 2031 | 6,170 | 6,617 |
Higher Educational Facs. Auth., Rev. Bonds (University Properties, Inc. Student Housing Project at East Stroudsburg University of Pennsylvania), Series 2010, 5.00% 2042 | 4,000 | 4,258 |
Higher Educational Facs. Auth., University of Pennsylvania Health System, Rev. Bonds, Series 2011-A, 5.75% 2041 |
1,000 | 1,218 |
Housing Fin. Agcy., Single Family Mortgage Rev. Bonds, Series 2015-118-A, 3.80% 2035 | 3,000 | 3,196 |
Housing Fin. Agcy., Single Family Mortgage Rev. Bonds, Series 2016-119, 3.50% 2041 | 11,000 | 11,757 |
Housing Fin. Agcy., Single Family Mortgage Rev. Bonds, Series 2016-120, 2.80% 2031 | 10,000 | 10,040 |
Housing Fin. Agcy., Single Family Mortgage Rev. Bonds, Series 2016-120, 3.50% 2046 | 11,150 | 12,038 |
Industrial Dev. Auth., Rev. Ref. Bonds (Covanta Project), 5.00% 2043 | 2,500 | 2,597 |
Intergovernmental Cooperation Auth., Special Tax Rev. Ref. Bonds (City of Philadelphia Funding Program), Series 2009, 5.00% 2020 | 6,285 | 7,048 |
Lancaster County, Hospital Auth., Health Center Rev. Ref. Bonds (Landis Homes Retirement Community Project), Series 2015-A, 5.00% 2045 | 500 | 571 |
Lancaster County Hospital Auth., Health System Rev. Bonds (University of Pennsylvania), Series 2016-A, 5.00% 2036 |
600 | 734 |
Lancaster Industrial Dev. Auth., Rev. Bonds (Garden Spot Village Project), Series 2013, 5.00% 2023 | 1,100 | 1,250 |
Lancaster Industrial Dev. Auth., Rev. Bonds (Garden Spot Village Project), Series 2013, 5.375% 2028 | 1,250 | 1,434 |
Lancaster Industrial Dev. Auth., Rev. Bonds (Garden Spot Village Project), Series 2013, 5.75% 2035 | 1,150 | 1,327 |
Lycoming County, Auth., Health System Rev. Bonds (Susquehanna Health System Project), Series 2009-A, 5.75% 2039 | 2,000 | 2,271 |
Monroeville Fin. Auth. (Allegheny County), UPMC Rev. Bonds, 5.00% 2029 | 4,000 | 4,696 |
Montgomery County, Higher Education and Health Auth., Hospital Rev. Bonds (Abington Memorial Hospital Obligated Group), Series 2012-A, 5.00% 2031 | 1,000 | 1,155 |
Montgomery County, Industrial Dev. Auth., Health Systems Rev. Bonds (Albert Einstein Healthcare Network Issue), Series 2015-A, 5.00% 2024 | 800 | 941 |
Montgomery County, Industrial Dev. Auth., Health Systems Rev. Bonds (Albert Einstein Healthcare Network Issue), Series 2015-A, 5.25% 2030 | 1,000 | 1,158 |
The Tax-Exempt Bond Fund of America — Page 70 of 98
Bonds, notes & other debt instruments Pennsylvania (continued) |
Principal amount (000) |
Value (000) |
Montgomery County, Industrial Dev. Auth., Health Systems Rev. Bonds (Albert Einstein Healthcare Network Issue), Series 2015-A, 5.25% 2031 | $5,000 | $5,776 |
Montgomery County, Industrial Dev. Auth., Health Systems Rev. Bonds (Albert Einstein Healthcare Network Issue), Series 2015-A, 5.25% 2036 | 5,500 | 6,293 |
Montgomery County, Industrial Dev. Auth., Health Systems Rev. Bonds (Albert Einstein Healthcare Network Issue), Series 2015-A, 5.25% 2045 | 3,875 | 4,449 |
Montgomery County, Industrial Dev. Auth., Health Systems Rev. Bonds (Albert Einstein Healthcare Network Issue), Series 2015-A, 5.25% 2046 | 2,640 | 3,029 |
Montgomery County, Industrial Dev. Auth., Pollution Control Rev. Ref. Bonds (PECO Energy Company Project), Series 1994-A, 2.55% 2029 (put 2020) | 1,500 | 1,542 |
Montgomery County, Industrial Dev. Auth., Retirement Communities Rev. Bonds (ACTS Retirement-Life Communities, Inc. Obligated Group), Series 2006-A, 4.50% 2036 | 7,500 | 7,589 |
Montgomery County, Industrial Dev. Auth., Retirement Communities Rev. Ref. Bonds (ACTS Retirement-Life Communities, Inc. Obligated Group), Series 2012, 5.00% 2025 | 1,500 | 1,752 |
Montgomery County, Industrial Dev. Auth., Retirement Communities Rev. Ref. Bonds (ACTS Retirement-Life Communities, Inc. Obligated Group), Series 2012, 5.00% 2026 | 3,000 | 3,486 |
Montgomery County, Industrial Dev. Auth., Retirement Communities Rev. Ref. Bonds (ACTS Retirement-Life Communities, Inc. Obligated Group), Series 2012, 5.00% 2028 | 500 | 577 |
Montgomery County, Industrial Dev. Auth., Retirement Communities Rev. Bonds (ACTS Retirement-Life Communities, Inc. Obligated Group), Series 2016, 5.00% 2036 | 10,000 | 11,972 |
Montgomery County, Industrial Dev. Auth., Retirement Communities Rev. Ref. Bonds (ACTS Retirement-Life Communities, Inc. Obligated Group), Series 2012, 5.00% 2024 | 2,500 | 2,937 |
Montgomery County, Industrial Dev. Auth., Rev. Bonds (Foulkeways at Gwynedd Project), Series 2016, 4.00% 2039 |
360 | 376 |
Montgomery County, Industrial Dev. Auth., Rev. Bonds (Foulkeways at Gwynedd Project), Series 2016, 5.00% 2030 |
425 | 511 |
Montgomery County, Industrial Dev. Auth., Rev. Bonds (Foulkeways at Gwynedd Project), Series 2016, 5.00% 2046 |
1,325 | 1,549 |
Northampton County, General Purpose Auth., Hospital Rev. Bonds (St. Luke’s University Health Network Project), Series 2016-A, 4.00% 2040 | 2,915 | 3,113 |
Northampton County, General Purpose Auth., College Rev. Bonds (Moravian College Project), 5.00% 2036 | 1,415 | 1,668 |
Pennsylvania State University Bonds, Series 2009-A, 5.00% 2024 (preref. 2019) | 1,000 | 1,112 |
Pennsylvania State University Bonds, Series 2009-A, 5.00% 2027 (preref. 2019) | 1,000 | 1,112 |
Pennsylvania State University Bonds, Series 2016-A, 5.00% 2032 | 1,000 | 1,262 |
Pennsylvania State University Bonds, Series 2016-A, 5.00% 2034 | 1,000 | 1,253 |
City of Philadelphia, G.O. Bonds, Series 2013-A, 5.25% 2027 | 3,000 | 3,514 |
City of Philadelphia, G.O. Bonds, Series 2013-A, 5.25% 2028 | 2,000 | 2,332 |
City of Philadelphia, Gas Works Rev. Bonds, Thirteenth Series, 5.00% 2028 | 2,000 | 2,445 |
City of Philadelphia, Gas Works Rev. Bonds, Thirteenth Series, 5.00% 2031 | 1,000 | 1,203 |
City of Philadelphia, Gas Works Rev. Bonds, Thirteenth Series, 5.00% 2032 | 2,000 | 2,397 |
City of Philadelphia, Gas Works Rev. Bonds, Thirteenth Series, 5.00% 2034 | 1,000 | 1,192 |
City of Philadelphia, Water and Wastewater Rev. Bonds, Series 2009-A, 5.25% 2025 | 2,000 | 2,201 |
Hospitals and Higher Education Facs. Auth. of Philadelphia, Hospital Rev. Bonds (Children’s Hospital of Philadelphia Project), Series 2007-A, 4.50% 2026 | 2,395 | 2,456 |
Hospitals and Higher Education Facs. Auth. of Philadelphia, Hospital Rev. Bonds (Children’s Hospital of Philadelphia Project), Series 2007-A, 4.50% 2027 | 2,505 | 2,567 |
Hospitals and Higher Education Facs. Auth. of Philadelphia, Hospital Rev. Bonds (Temple University Health System Obligated Group), Series 2012-A, 5.625% 2042 | 12,100 | 13,616 |
Hospitals and Higher Education Facs. Auth. of Philadelphia, Hospital Rev. Ref. Bonds (Temple University Health System Obligated Group), Series 2007-A, 5.00% 2034 | 500 | 509 |
Hospitals and Higher Education Facs. Auth. of Philadelphia, Hospital Rev. Ref. Bonds (Temple University Health System Obligated Group), Series 2012-A, 5.625% 2036 | 1,000 | 1,129 |
Hospitals and Higher Education Facs. Auth. of Philadelphia, Hospital Rev. Ref. Bonds (Temple University Hospital), Series 2007-B, 5.00% 2017 | 1,420 | 1,452 |
The Tax-Exempt Bond Fund of America — Page 71 of 98
Bonds, notes & other debt instruments Pennsylvania (continued) |
Principal amount (000) |
Value (000) |
Econ. Dev. Fncg. Auth., Solid Waste Disposal Rev. Ref. Bonds (Republic Services, Inc. Project), Series 2010-B, 0.60% 2030 (put 2016)1 | $250 | $250 |
State Public School Building Auth., School Lease Rev. Bonds (School Dist. of Philadelphia Project), Series 2012, 5.00% 2023 |
1,180 | 1,327 |
State Public School Building Auth., School Lease Rev. Bonds (School Dist. of Philadelphia Project), Series 2012, 5.00% 2025 |
2,000 | 2,219 |
State Public School Building Auth., School Lease Rev. Bonds (School Dist. of Philadelphia Project), Series 2012, 5.00% 2026 |
1,000 | 1,105 |
State Public School Building Auth., School Lease Rev. Bonds (School Dist. of Philadelphia Project), Series 2012, 5.00% 2027 |
1,000 | 1,098 |
Health Care Facs. Auth. of Sayre, Rev. Ref. Bonds (Guthrie Health Issue), Series 2007, 1.206% 20241 | 14,525 | 14,148 |
State Public School Building Auth., School Lease Rev. Ref. Bonds (School Dist. of Philadelphia Project), Series 2006-B, Assured Guaranty Municipal insured, 5.00% 2027 |
9,820 | 11,783 |
Susquehanna Area Regional Airport Auth., Airport System Rev. Bonds, Series 2012-B, 4.00% 2033 | 12,600 | 12,933 |
Susquehanna Area Regional Airport Auth., Subordinate Airport System Rev. Bonds, Series 2012-C, 3.00% 2017 |
855 | 861 |
Auth. for Industrial Dev., Temple University Rev. Bonds, 1st Series 5.00% 2027 | 5,625 | 6,998 |
Auth. for Industrial Dev., Temple University Rev. Bonds, 1st Series 5.00% 2028 | 1,000 | 1,235 |
Auth. for Industrial Dev., Temple University Rev. Bonds, 1st Series 5.00% 2029 | 2,620 | 3,217 |
Turnpike Commission, Turnpike Rev. Bonds, Series 2013-A, 1.04% 20171 | 2,000 | 1,999 |
Turnpike Commission, Turnpike Rev. Bonds, Series 2014-B-1, 1.42% 20211 | 3,000 | 2,989 |
Turnpike Commission, Turnpike Rev. Bonds, Series 2015-A-2, 1.24% 2045 (put 2018)1 | 4,000 | 4,000 |
Turnpike Commission, Turnpike Rev. Bonds, Series 2016-A-1, 5.00% 2034 | 7,000 | 8,484 |
Turnpike Commission, Turnpike Rev. Bonds, Series 2016-A-1, 5.00% 2035 | 3,500 | 4,228 |
Turnpike Commission, Turnpike Rev. Bonds, Series 2016-A-1, 5.00% 2036 | 5,830 | 7,009 |
Turnpike Commission, Turnpike Rev. Bonds, Series 2016-A-1, 5.00% 2041 | 10,000 | 11,975 |
Turnpike Commission, Turnpike Rev. Bonds, Series 2016-A-1, 5.00% 2046 | 9,500 | 11,331 |
Turnpike Commission, Turnpike Rev. Bonds, Series 2016-A-2, 1.027% 20181 | 5,000 | 5,001 |
University of Pittsburgh of the Commonwealth System of Higher Education, University Capital Project Bonds, Series 2009-B, 5.00% 2028 | 4,000 | 4,440 |
Redev. Auth. of the County of Washington, Redev. Bonds (Victory Centre Project - Tanger Outlet Dev.), Series 2006-A, 5.45% 2035 |
2,435 | 2,467 |
West Shore Area Auth., Rev. Bonds (Messiah Village Project), Series 2015-A, 5.00% 2030 | 1,500 | 1,745 |
Municipal Auth. of Westmoreland County, Municipal Service Rev. Bonds, Series 2016, BAM insured, 5.00% 2042 |
5,000 | 5,922 |
378,473 | ||
Puerto Rico 0.52% | ||
Aqueduct and Sewer Auth., Rev. Bonds, Series A, Assured Guaranty insured, 5.00% 2028 | 3,065 | 3,178 |
Aqueduct and Sewer Auth., Rev. Ref. Bonds, Series 2008-A, 6.125% 2024 | 5,255 | 3,868 |
Aqueduct and Sewer Auth., Rev. Ref. Bonds, Series 2012-A, 5.25% 2042 | 650 | 458 |
Aqueduct and Sewer Auth., Rev. Ref. Bonds, Series 2012-A, 5.75% 2037 | 1,500 | 1,078 |
Electric Power Auth., Power Rev. Bonds, Series 2013-A, 7.00% 2033 | 1,000 | 674 |
Electric Power Auth., Power Rev. Ref. Bonds, Series UU, Assured Guaranty Municipal insured, 0.953% 20291 | 5,445 | 3,933 |
Highways and Transportation Auth., Transportation Rev. Ref. Bonds, Series 2007-N, Assured Guaranty insured, 5.25% 2034 |
5,250 | 5,594 |
Highways and Transportation Auth., Transportation Rev. Ref. Bonds, Series 2007-N, Assured Guaranty insured, 5.25% 2036 |
15,910 | 16,895 |
Highways and Transportation Auth., Highway Rev. Ref. Bonds, Series 2003-AA1, Assured Guaranty Municipal insured, 4.95% 2026 |
545 | 556 |
Highways and Transportation Auth., Highway Rev. Ref. Bonds, Series 2007-CC, Assured Guaranty insured, 5.50% 2031 | 885 | 968 |
Industrial, Tourist, Educational, Medical and Environmental Control Facs. Fncg. Auth., Higher Education Rev. and Rev. Ref. Bonds (Ana G. Méndez University System Project), Series 2006, 5.00% 2026 | 465 | 443 |
The Tax-Exempt Bond Fund of America — Page 72 of 98
Bonds, notes & other debt instruments Puerto Rico (continued) |
Principal amount (000) |
Value (000) |
Industrial, Tourist, Educational, Medical and Environmental Control Facs. Fncg. Auth., Higher Education Rev. and Rev. Ref. Bonds (Ana G. Méndez University System Project), Series 2012, 5.00% 2027 | $1,250 | $1,172 |
Industrial, Tourist, Educational, Medical and Environmental Control Facs. Fncg. Auth., Higher Education Rev. and Rev. Ref. Bonds (Inter American University of Puerto Rico Project), Series 2012, 5.00% 2017 |
1,650 | 1,667 |
Industrial, Tourist, Educational, Medical and Environmental Control Facs. Fncg. Auth., Higher Education Rev. and Rev. Ref. Bonds (Inter American University of Puerto Rico Project), Series 2012, 5.00% 2019 | 1,550 | 1,588 |
Industrial, Tourist, Educational, Medical and Environmental Control Facs. Fncg. Auth., Higher Education Rev. and Rev. Ref. Bonds (Inter American University of Puerto Rico Project), Series 2012, 5.00% 2020 |
1,510 | 1,555 |
Industrial, Tourist, Educational, Medical and Environmental Control Facs. Fncg. Auth., Higher Education Rev. and Rev. Ref. Bonds (Inter American University of Puerto Rico Project), Series 2012, 5.00% 2022 | 2,275 | 2,358 |
Industrial, Tourist, Educational, Medical and Environmental Control Facs. Fncg. Auth., Higher Education Rev. and Rev. Ref. Bonds (Inter American University of Puerto Rico Project), Series 2012, 5.00% 2031 | 1,370 | 1,341 |
Industrial, Tourist, Educational, Medical and Environmental Control Facs. Fncg. Auth., Higher Education Rev. and Rev. Ref. Bonds (University of the Sacred Heart Project), Series 2012, 3.25% 2019 |
880 | 763 |
Industrial, Tourist, Educational, Medical and Environmental Control Facs. Fncg. Auth., Higher Education Rev. and Rev. Ref. Bonds (University of the Sacred Heart Project), Series 2012, 4.00% 2017 |
830 | 786 |
Industrial, Tourist, Educational, Medical and Environmental Control Facs. Fncg. Auth., Higher Education Rev. and Rev. Ref. Bonds (University of the Sacred Heart Project), Series 2012, 4.00% 2025 |
990 | 747 |
Industrial, Tourist, Educational, Medical and Environmental Control Facs. Fncg. Auth., Higher Education Rev. and Rev. Ref. Bonds (University of the Sacred Heart Project), Series 2012, 4.375% 2031 | 2,195 | 1,594 |
Industrial, Tourist, Educational, Medical and Environmental Control Facs. Fncg. Auth., Higher Education Rev. and Rev. Ref. Bonds (University of the Sacred Heart Project), Series 2012, 5.00% 2042 | 500 | 363 |
Industrial, Tourist, Educational, Medical and Environmental Control Facs. Fncg. Auth., Higher Education Rev. Bonds (Inter American University of Puerto Rico Project), Series 2004, National insured, 4.50% 2029 | 55 | 55 |
Industrial, Tourist, Educational, Medical and Environmental Control Facs. Fncg. Auth., Hospital Rev. and Rev. Ref. Bonds (Hospital Auxilio Mutuo Obligated Group Project), Series 2011-A, 6.00% 2033 | 4,400 | 4,535 |
Public Buildings Auth., Government Facs. Rev. Ref. Bonds, Series M-1, 6.25% 2021 | 3,000 | 1,830 |
Public Fin. Corp., Commonwealth Appropriation Bonds, Series 2001-E, 6.00% 2026 (escrowed to maturity) | 3,840 | 5,266 |
Public Fin. Corp., Commonwealth Appropriation Bonds, Series 2001-E, 6.00% 2026 (escrowed to maturity) | 45 | 62 |
Sales Tax Fncg. Corp., Sales Tax Rev. Bonds, Series 2007-A, National insured, 0% 2041 | 10,000 | 2,311 |
Sales Tax Fncg. Corp., Sales Tax Rev. Bonds, Series 2009-A, 5.00% 2018 (escrowed to maturity) | 535 | 582 |
Sales Tax Fncg. Corp., Sales Tax Rev. Ref. Bonds, Series 2007-A, National insured, 0% 2043 | 14,950 | 3,089 |
University of Puerto Rico, University System Rev. Ref. Bonds, Series 2006-P, 5.00% 2023 | 4,600 | 1,839 |
University of Puerto Rico, University System Rev. Ref. Bonds, Series 2006-P, 5.00% 2026 | 1,250 | 495 |
University of Puerto Rico, University System Rev. Ref. Bonds, Series 2006-Q, 5.00% 2019 | 2,000 | 854 |
72,497 | ||
Rhode Island 0.31% | ||
Commerce Corp., Airport Rev. Bonds, Series 2016-D, 5.00% 2032 | 640 | 772 |
Commerce Corp., Airport Rev. Bonds, Series 2016-D, 5.00% 2034 | 1,000 | 1,198 |
Commerce Corp., Airport Rev. Bonds, Series 2016-D, 5.00% 2036 | 500 | 595 |
Commerce Corp., Airport Rev. Bonds, Series 2016-D, 5.00% 2037 | 250 | 297 |
Commerce Corp., Airport Rev. Bonds, Series 2016-D, 5.00% 2046 | 1,250 | 1,482 |
Commerce Corp., Grant Anticipation Rev. Ref. Bonds (Dept. of Transportation), Series 2016-A, 5.00% 2021 | 1,250 | 1,469 |
Commerce Corp., Grant Anticipation Rev. Ref. Bonds (Dept. of Transportation), Series 2016-A, 5.00% 2022 | 1,185 | 1,418 |
Commerce Corp., Grant Anticipation Rev. Ref. Bonds (Dept. of Transportation), Series 2016-A, 5.00% 2023 | 1,000 | 1,218 |
Commerce Corp., Grant Anticipation Rev. Ref. Bonds (Dept. of Transportation), Series 2016-A, 5.00% 2024 | 2,250 | 2,789 |
Depositors Econ. Protection Corp., Special Obligation Rev. Ref. Bonds, Series 1993-A, 5.75% 2021 (escrowed to maturity) |
2,715 | 3,343 |
Depositors Econ. Protection Corp., Special Obligation Rev. Ref. Bonds, Series 1993-A, 5.75% 2021 (escrowed to maturity) |
1,210 | 1,490 |
Econ. Dev. Corp., Airport Rev. Ref. Bonds, Series 2013-B, 5.00% 2023 | 2,990 | 3,530 |
Health and Educational Building Corp., Hospital Fncg. Rev. Bonds (Providence College), 5.00% 2040 | 1,500 | 1,799 |
Health and Educational Building Corp., Hospital Fncg. Rev. Ref. Bonds (Lifespan Obligated Group Issue), Series 2006-A, Assured Guaranty Municipal insured, 5.00% 2018 | 1,060 | 1,064 |
The Tax-Exempt Bond Fund of America — Page 73 of 98
Bonds, notes & other debt instruments Rhode Island (continued) |
Principal amount (000) |
Value (000) |
Health and Educational Building Corp., Hospital Fncg. Rev. Ref. Bonds (Lifespan Obligated Group Issue), Series 2016, 5.00% 2025 | $5,500 | $6,721 |
Health and Educational Building Corp., Hospital Fncg. Rev. Ref. Bonds (Lifespan Obligated Group Issue), Series 2016, 5.00% 2032 | 1,610 | 1,914 |
Health and Educational Building Corp., Providence Public Schools Rev. Bond Fncg. Program, Rev. Ref. Bonds (Providence Public Buildings Auth. Issue), Series 2015, Assured Guaranty Municipal insured, 5.00% 2026 | 4,000 | 4,957 |
Health and Educational Building Corp., Hospital Fncg. Rev. Bonds (Bryant University), Series 2014, 5.00% 2032 |
1,000 | 1,206 |
Housing and Mortgage Fin. Corp., Homeownership Opportunity Bonds, Series 66-A-1, 4.00% 2033 | 4,750 | 5,101 |
42,363 | ||
South Carolina 1.20% | ||
Building Equity Sooner for Tomorrow (BEST), Installment Purchase Rev. Ref. Bonds (School Dist. of Greenville County, South Carolina Project), Series 2006, 5.00% 2023 | 19,845 | 20,146 |
Building Equity Sooner for Tomorrow (BEST), Installment Purchase Rev. Ref. Bonds (School Dist. of Greenville County, South Carolina Project), Series 2006, Assured Guaranty insured, 5.00% 2025 | 5,000 | 5,076 |
Charleston Educational Excellence Fncg. Corp., Installment Purchase Rev. Bonds (Charleston County School Dist., South Carolina Project), Series 2006, 5.00% 2021 | 8,190 | 8,318 |
SCAGO Educational Facs. Corp. for Colleton School Dist., Installment Purchase Rev. Bonds (School Dist. of Colleton County Project), Series 2006, Assured Guaranty insured, 5.00% 2017 (preref. 2016) | 1,000 | 1,015 |
SCAGO Educational Facs. Corp. for Colleton School Dist., Installment Purchase Rev. Bonds (School Dist. of Colleton County Project), Series 2006, Assured Guaranty insured, 5.00% 2018 (preref. 2016) | 2,000 | 2,031 |
Connector 2000 Association Inc., Toll Road Rev., Series 2011-A-1, 0% 2042 | 2,471 | 398 |
Housing Fin. Auth., Mortgage Rev. Ref. Bonds, 4.00% 2036 | 4,550 | 5,007 |
Housing Fin. Auth., Mortgage Rev. Ref. Bonds, 4.00% 2041 | 1,770 | 1,913 |
Jobs-Econ. Dev. Auth., First Mortgage Health Care Facs., Rev. and Rev. Ref. Bonds (The Lutheran Homes of South Carolina, Inc.), Series 2007, 5.625% 2042 | 1,500 | 1,516 |
Jobs-Econ. Dev. Auth., First Mortgage Health Facs. Rev. Ref. Bonds (Wesley Commons Project), Series 2006, 5.00% 2016 | 405 | 407 |
Jobs-Econ. Dev. Auth., First Mortgage Health Facs. Rev. Ref. Bonds (Wesley Commons Project), Series 2006, 5.125% 2026 | 1,515 | 1,518 |
Jobs-Econ. Dev. Auth., First Mortgage Health Facs. Rev. Ref. Bonds (Wesley Commons Project), Series 2006, 5.30% 2036 | 1,190 | 1,192 |
Jobs-Econ. Dev. Auth., Student Housing Rev. Bonds (Coastal Housing Foundation, LLC Project), Series 2009-A, 6.50% 2042 (preref. 2020) |
4,000 | 4,823 |
Lancaster County, Sun City Carolina Lakes Improvement Dist., Assessment Rev. Bonds, Series 2006, 5.45% 2037 |
3,975 | 3,981 |
Lexington County, Health Services Dist., Inc., Hospital Rev. Ref. Bonds (Lexington Medical Center), Series 2007, 5.00% 2019 |
1,000 | 1,054 |
Lexington County, Health Services Dist., Inc., Hospital Rev. Ref. Bonds (Lexington Medical Center), Series 2007, 5.00% 2020 |
1,265 | 1,334 |
Lexington County, Health Services Dist., Inc., Hospital Rev. Ref. Bonds (Lexington Medical Center), Series 2007, 5.00% 2032 |
2,000 | 2,104 |
Lexington One School Facs. Corp., Installment Purchase Rev. Bonds (Lexington County School Dist. No. 1, South Carolina Project), Series 2006, 5.00% 2018 (preref. 2016) | 1,000 | 1,015 |
City of Myrtle Beach, Tax Increment Bonds (Myrtle Beach Air Force Base Redev. Project Area), Series 2006-A, 5.25% 2026 | 1,500 | 1,502 |
SCAGO Educational Facs. Corp. for Pickens School Dist., Installment Purchase Rev. Bonds (School Dist. of Pickens County Project), Series 2006, Assured Guaranty Municipal insured, 5.00% 2017 (preref. 2016) | 5,000 | 5,076 |
SCAGO Educational Facs. Corp. for Pickens School Dist., Installment Purchase Rev. Bonds (School Dist. of Pickens County Project), Series 2006, Assured Guaranty Municipal insured, 5.00% 2018 (preref. 2016) | 4,000 | 4,061 |
Piedmont Municipal Power Agcy., Electric Rev. Ref. Bonds, Series 1991, FGIC-National insured, 6.25% 2021 | 4,640 | 5,666 |
Public Service Auth., Rev. Obligations (Santee Cooper), Series 2008-A, 5.50% 2038 (preref. 2019) | 18,410 | 20,578 |
Public Service Auth., Rev. Obligations (Santee Cooper), Series 2008-A, 5.50% 2038 (preref. 2019) | 1,590 | 1,777 |
Public Service Auth., Rev. Obligations (Santee Cooper), Series 2013-E, 5.50% 2053 | 5,110 | 6,087 |
The Tax-Exempt Bond Fund of America — Page 74 of 98
Bonds, notes & other debt instruments South Carolina (continued) |
Principal amount (000) |
Value (000) |
Public Service Auth., Rev. Obligations (Santee Cooper), Series 2014-A, 5.00% 2049 | $9,400 | $10,963 |
Public Service Auth., Rev. Obligations (Santee Cooper), Series 2014-A, 5.50% 2054 | 10,500 | 12,660 |
Public Service Auth., Rev. Obligations (Santee Cooper), Series 2014-C, 5.00% 2025 | 2,500 | 3,149 |
Public Service Auth., Rev. Obligations (Santee Cooper), Series 2014-C, 5.00% 2046 | 10,000 | 11,838 |
Public Service Auth., Rev. Obligations (Santee Cooper), Series 2015-A, 5.00% 2050 | 1,000 | 1,168 |
Public Service Auth., Rev. Obligations (Santee Cooper), Series 2015-A, 5.00% 2055 | 2,500 | 2,926 |
Public Service Auth., Rev. Obligations (Santee Cooper), Tax-Exempt Ref. and Improvement Series 2016-B, 5.00% 2056 | 2,600 | 3,072 |
Public Service Auth., Rev. Ref. Obligations (Santee Cooper), Series 2016-C, 5.00% 2031 | 1,600 | 1,967 |
Public Service Auth., Rev. Ref. Obligations (Santee Cooper), Series 2016-C, 5.00% 2033 | 2,450 | 2,987 |
Public Service Auth., Rev. Ref. Obligations (Santee Cooper), Series 2016-C, 5.00% 2034 | 1,800 | 2,188 |
Transportation Infrastructure Bank, Rev. Ref. Bonds, Series 2005-A, AMBAC insured, 5.25% 2018 | 5,000 | 5,499 |
166,012 | ||
South Dakota 0.26% | ||
Health and Educational Facs. Auth., Rev. Bonds (Sanford), 5.00% 2045 | 7,000 | 8,320 |
Health and Educational Facs. Auth., Rev. Bonds (Sanford), Series 2014-B, 5.00% 2025 | 600 | 746 |
Health and Educational Facs. Auth., Rev. Bonds (Sanford), Series 2014-B, 5.00% 2026 | 700 | 864 |
Health and Educational Facs. Auth., Rev. Bonds (Sanford), Series 2014-B, 5.00% 2044 | 1,750 | 2,060 |
Housing Dev. Agcy., Residential Fin. Program Bonds, Series 2014-E, 4.00% 2044 | 3,990 | 4,338 |
Housing Dev. Auth., Homeownership Mortgage Bonds, Series 2015-D, 4.00% 2045 | 8,765 | 9,690 |
Housing Dev. Auth., Homeownership Mortgage Bonds, Series 2016-B, 3.50% 2046 | 9,265 | 10,067 |
36,085 | ||
Tennessee 0.79% | ||
Chattanooga-Hamilton County, Hospital Auth., Hospital Rev. Ref. Bonds (Erlanger Health System), Series 2014, 5.00% 2039 |
4,000 | 4,631 |
Chattanooga-Hamilton County, Hospital Auth., Hospital Rev. Ref. Bonds (Erlanger Health System), Series 2014, 5.00% 2044 |
3,160 | 3,658 |
City of Chattanooga, Electric System Rev. Bonds (Electric Power Board of Chattanooga), Series 2008-A, 5.00% 2028 (preref. 2018) |
4,500 | 4,816 |
Natural Gas Acquisition Corp. of the City of Clarksville, Gas Rev. Bonds, Series 2006, 5.00% 2018 | 6,500 | 7,074 |
Health and Educational Facs. Board of the Metropolitan Government of Nashville and Davidson County, Rev. Bonds (Vanderbilt University Medical Center), Series 2016-A, 5.00% 2035 | 2,000 | 2,438 |
Health and Educational Facs. Board of the Metropolitan Government of Nashville and Davidson County, Rev. Bonds (Vanderbilt University Medical Center), Series 2016-A, 5.00% 2040 | 2,300 | 2,781 |
Health and Educational Facs. Board of the Metropolitan Government of Nashville and Davidson County, Rev. Bonds (Vanderbilt University Medical Center), Series 2016-A, 5.00% 2031 | 1,000 | 1,237 |
Housing Dev. Agcy., Homeownership Program Bonds, Issue 2012-1-C, 4.50% 2037 | 1,450 | 1,558 |
Housing Dev. Agcy., Homeownership Program Bonds, Issue 2012-2-C, 4.00% 2038 | 2,210 | 2,360 |
Housing Dev. Agcy., Homeownership Program Rev. Ref. Bonds, Issue 2015-A, 3.50% 2045 | 9,650 | 10,327 |
Housing Dev. Agcy., Housing Fin. Program Bonds, Issue 2010-A-1, 5.00% 2027 | 295 | 307 |
Housing Dev. Agcy., Residential Fin. Program Bonds, 4.00% 2046 | 3,380 | 3,702 |
Housing Dev. Agcy., Residential Fin. Program Bonds, Issue 2013-1-C, 3.00% 2038 | 4,515 | 4,719 |
Housing Dev. Agcy., Residential Fin. Program Bonds, Series 2014-2-A, AMT, 4.00% 2045 | 2,855 | 3,109 |
Housing Dev. Agcy., Residential Fin. Program Bonds, Series 2014-2-C, 4.00% 2045 | 2,240 | 2,418 |
Housing Dev. Agcy., Residential Fin. Program Bonds, Series 2016-1-B, 3.50% 2047 | 1,800 | 1,950 |
The City of Jackson, Hospital Rev. Ref. Bonds (Jackson-Madison County General Hospital), Series 2015, 5.00% 2036 |
1,000 | 1,184 |
Health, Educational and Housing Fac. Board of the County of Knox, Hospital Rev. Ref. Bonds (Covenant Health), Series 2012-A, 5.00% 2021 |
1,325 | 1,537 |
Health, Educational and Housing Fac. Board of the County of Knox, Hospital Rev. Ref. Bonds (Covenant Health), Series 2012-A, 5.00% 2024 |
4,055 | 4,895 |
Health, Educational and Housing Facs. Board of the County of Sullivan, Hospital Rev. Bonds (Wellmont Health System Project), Series 2006-C, 5.25% 2036 |
615 | 617 |
The Tax-Exempt Bond Fund of America — Page 75 of 98
Bonds, notes & other debt instruments Tennessee (continued) |
Principal amount (000) |
Value (000) |
Tennessee Energy Acquisition Corp., Gas Project Rev. Bonds, Series 2006-A, 5.25% 2017 | $3,000 | $3,131 |
Tennessee Energy Acquisition Corp., Gas Project Rev. Bonds, Series 2006-A, 5.25% 2019 | 10,000 | 11,157 |
Tennessee Energy Acquisition Corp., Gas Project Rev. Bonds, Series 2006-A, 5.25% 2020 | 10,000 | 11,490 |
Tennessee Energy Acquisition Corp., Gas Project Rev. Bonds, Series 2006-C, 5.00% 2018 | 4,000 | 4,237 |
Tennessee Energy Acquisition Corp., Gas Project Rev. Bonds, Series 2006-C, 5.00% 2020 | 10,000 | 11,290 |
Tennessee Energy Acquisition Corp., Gas Project Rev. Bonds, Series 2006-C, 5.00% 2027 | 1,885 | 2,342 |
108,965 | ||
Texas 9.22% | ||
Arlington Higher Education Fin. Corp., Education Rev. Bonds (Uplift Education), Series 2016-A, 5.00% 2036 | 1,000 | 1,175 |
Arlington Independent School Dist., Rev. Ref. Bonds, Series 2006, 5.00% 2020 | 160 | 161 |
Austin Community College Dist. Public Fac. Corp., Lease Rev. Bonds (Educational Fac. Project - Round Rock Campus), Series 2008, 5.50% 2024 (preref. 2018) | 2,770 | 3,042 |
Austin Independent School Dist., (Travis County), Ref. Bonds, Series 2013-A, 5.00% 2027 | 1,000 | 1,191 |
City of Austin (Travis and Williamson Counties), Water and Wastewater System Rev. Ref. Bonds, Series 2009, 5.125% 2029 | 1,500 | 1,707 |
City of Austin (Travis and Williamson Counties), Water and Wastewater System Rev. Ref. Bonds, Series 2016, 5.00% 2041 | 4,000 | 4,977 |
City of Austin (Travis and Williamson Counties), Water and Wastewater System Rev. Ref. Bonds, Series 2016, 5.00% 2045 | 6,500 | 8,060 |
City of Austin (Travis, Williamson and Hays Counties), Water and Wastewater System Rev. Ref. Bonds, Series 2011, 5.00% 2036 |
3,000 | 3,530 |
City of Austin, Electric Utility System Rev. Ref. Bonds (Travis, Williamson and Hays Counties), Series 2015-A, 5.00% 2028 | 1,000 | 1,254 |
City of Austin, Electric Utility System Rev. Ref. Bonds (Travis, Williamson and Hays Counties), Series 2015-A, 5.00% 2045 | 5,000 | 6,031 |
Bexar County, Hospital Dist., Combination Tax and Rev. Certificates of Obligation, Series 2008, 5.00% 2032 |
20,500 | 21,815 |
City of Brownsville, Utilities System Rev. Ref. Bonds, Series 2016, Assured Guaranty Municipal insured, 5.00% 2026 |
1,000 | 1,285 |
City of Brownsville, Utilities System Rev. Ref. Bonds, Series 2016, Assured Guaranty Municipal insured, 5.00% 2027 |
3,930 | 4,999 |
City of Bryan (Brazos County), Electric System Rev. Ref. and Improvement Bonds, Series 2016, 5.00% 2027 | 700 | 887 |
City of Bryan (Brazos County), Electric System Rev. Ref. and Improvement Bonds, Series 2016, 5.00% 2028 | 1,100 | 1,380 |
Central Texas Regional Mobility Auth., Rev. Bonds, Series 2011, 6.00% 2041 (preref. 2021) | 5,300 | 6,476 |
Central Texas Regional Mobility Auth., Rev. Bonds, Series 2011, 6.25% 2046 (preref. 2021) | 10,300 | 12,696 |
Central Texas Regional Mobility Auth., Rev. Ref. Bonds, Series 2010, 5.75% 2025 (preref. 2020) | 11,945 | 13,944 |
Central Texas Regional Mobility Auth., Rev. Ref. Bonds, Series 2015-A, 5.00% 2031 | 1,000 | 1,213 |
Central Texas Regional Mobility Auth., Rev. Ref. Bonds, Series 2015-A, 5.00% 2033 | 1,000 | 1,206 |
Central Texas Regional Mobility Auth., Rev. Ref. Bonds, Series 2015-A, 5.00% 2034 | 1,500 | 1,805 |
Central Texas Regional Mobility Auth., Rev. Ref. Bonds, Series 2015-A, 5.00% 2040 | 1,100 | 1,308 |
Central Texas Regional Mobility Auth., Rev. Ref. Bonds, Series 2015-A, 5.00% 2045 | 3,415 | 4,043 |
Central Texas Regional Mobility Auth., Rev. Ref. Bonds, Series 2016, 5.00% 2027 | 1,250 | 1,571 |
Central Texas Regional Mobility Auth., Rev. Ref. Bonds, Series 2016, 5.00% 2031 | 2,250 | 2,747 |
Central Texas Regional Mobility Auth., Rev. Ref. Bonds, Series 2016, 5.00% 2032 | 2,000 | 2,432 |
Central Texas Regional Mobility Auth., Rev. Ref. Bonds, Series 2016, 5.00% 2033 | 1,970 | 2,388 |
Central Texas Regional Mobility Auth., Rev. Ref. Bonds, Series 2016, 5.00% 2034 | 1,700 | 2,055 |
Central Texas Regional Mobility Auth., Rev. Ref. Bonds, Series 2016, 5.00% 2035 | 1,650 | 1,985 |
Central Texas Regional Mobility Auth., Rev. Ref. Bonds, Series 2016, 5.00% 2036 | 1,595 | 1,912 |
Central Texas Regional Mobility Auth., Rev. Ref. Bonds, Series 2016, 5.00% 2040 | 3,755 | 4,500 |
Central Texas Regional Mobility Auth., Rev. Ref. Bonds, Series 2016, 5.00% 2046 | 2,000 | 2,368 |
HFDC of Central Texas, Inc., Retirement Fac. Rev. Bonds (Legacy at Willow Bend Project), Series 2006-A, 5.625% 2026 | 1,000 | 1,007 |
HFDC of Central Texas, Inc., Retirement Fac. Rev. Bonds (Legacy at Willow Bend Project), Series 2006-A, 5.75% 2036 | 3,000 | 3,020 |
The Tax-Exempt Bond Fund of America — Page 76 of 98
Bonds, notes & other debt instruments Texas (continued) |
Principal amount (000) |
Value (000) |
HFDC of Central Texas, Inc., Retirement Fac. Rev. Bonds (Village at Gleannloch Farms, Inc. Project), Series 2006-A, 5.50% 2027 (preref. 2017) |
$2,800 | $2,874 |
Transportation Commission, Central Texas Turnpike System Rev. Ref. Bonds, Series 2015-A, 5.00% 2042 (put 2020) |
1,000 | 1,142 |
Transportation Commission, Central Texas Turnpike System Rev. Ref. Bonds, Series 2015-B, 5.00% 2032 | 2,000 | 2,403 |
Transportation Commission, Central Texas Turnpike System Rev. Ref. Bonds, Series 2015-B, 5.00% 2037 | 4,000 | 4,747 |
Transportation Commission, Central Texas Turnpike System Rev. Ref. Bonds, Series 2015-C, 5.00% 2030 | 1,000 | 1,192 |
Transportation Commission, Central Texas Turnpike System Rev. Ref. Bonds, Series 2015-C, 5.00% 2033 | 5,000 | 5,898 |
Transportation Commission, Central Texas Turnpike System Rev. Ref. Bonds, Series 2015-C, 5.00% 2037 | 8,250 | 9,627 |
Colorado River Municipal Water Dist., Water System Rev. Bonds, Series 2011, 5.00% 2028 | 9,175 | 10,502 |
Cypress-Fairbanks Independent School Dist. (Harris County), Unlimited Tax Schoolhouse and Ref. Bonds, Series 2007, 5.00% 2020 | 205 | 210 |
Cypress-Fairbanks Independent School Dist. (Harris County), Unlimited Tax Schoolhouse and Ref. Bonds, Series 2007, 5.00% 2020 (preref. 2017) | 2,000 | 2,045 |
Cypress-Fairbanks Independent School Dist. (Harris County), Unlimited Tax Schoolhouse and Ref. Bonds, Series 2007, 5.00% 2021 | 185 | 190 |
Cypress-Fairbanks Independent School Dist. (Harris County), Unlimited Tax Schoolhouse and Ref. Bonds, Series 2007, 5.00% 2021 (preref. 2017) | 1,815 | 1,855 |
Cypress-Fairbanks Independent School Dist. (Harris County), Unlimited Tax Schoolhouse Bonds, Series 2009-A, 5.00% 2025 |
2,760 | 3,053 |
City of Dallas (Dallas, Denton, Collin and Rockwall Counties), G.O. Bonds, Series 2007, 5.00% 2018 | 385 | 394 |
City of Dallas (Dallas, Denton, Collin and Rockwall Counties), G.O. Bonds, Series 2007, 5.00% 2018 (preref. 2017) |
5 | 5 |
Dallas Area Rapid Transit, Sales Tax Rev. Bonds, Series 2008, 5.00% 2025 | 2,535 | 2,794 |
Dallas Independent School Dist. (Dallas County), Unlimited Tax School Building Bonds, Series 2006, 5.00% 2017 (preref. 2016) |
2,000 | 2,004 |
Cities of Dallas and Fort Worth, Dallas/Fort Worth International Airport, Joint Rev. Improvement Bonds, Series 2013-B, 5.00% 2028 |
8,565 | 10,325 |
Cities of Dallas and Fort Worth, Dallas/Fort Worth International Airport, Joint Rev. Improvement Bonds, Series 2013-B, 5.00% 2029 |
5,000 | 6,027 |
Cities of Dallas and Fort Worth, Dallas/Fort Worth International Airport, Joint Rev. Improvement Bonds, Series 2013-B, 5.00% 2031 |
6,540 | 7,850 |
Cities of Dallas and Fort Worth, Dallas/Fort Worth International Airport, Joint Rev. Ref. Bonds, Series 2012-B, 5.00% 2035 | 2,250 | 2,595 |
Cities of Dallas and Fort Worth, Dallas/Fort Worth International Airport, Joint Rev. Ref. Bonds, Series 2013-D, 5.25% 2024 | 5,000 | 6,020 |
Downtown Redev. Auth., Tax Increment Contract Rev. Ref. Bonds, Series 2015, BAM insured, 5.00% 2028 | 3,060 | 3,702 |
Downtown Redev. Auth., Tax Increment Contract Rev. Ref. Bonds, Series 2015, BAM insured, 5.00% 2029 | 1,000 | 1,205 |
Downtown Redev. Auth., Tax Increment Contract Rev. Ref. Bonds, Series 2015, BAM insured, 5.00% 2030 | 1,000 | 1,201 |
Downtown Redev. Auth., Tax Increment Contract Rev. Ref. Bonds, Series 2015, BAM insured, 5.00% 2031 | 1,555 | 1,858 |
Downtown Redev. Auth., Tax Increment Contract Rev. Ref. Bonds, Series 2015, BAM insured, 5.00% 2032 | 1,000 | 1,190 |
Elgin Independent School Dist. (Bastrop County), Unlimited Tax School Building Bonds, Series 2007, 5.00% 2022 (preref. 2017) |
1,895 | 1,981 |
Fort Bend County Industrial Dev. Corp., Industrial Dev. Rev. Bonds (NRG Energy, Inc. Project), Series 2012-A, 4.75% 2038 | 1,500 | 1,648 |
Fort Bend County Industrial Dev. Corp., Industrial Dev. Rev. Bonds (NRG Energy, Inc. Project), Series 2012-B, 4.75% 2042 | 8,340 | 9,142 |
Friendswood Independent School Dist. (Galveston County), Unlimited Tax Schoolhouse Bonds, Series 2008, 5.00% 2029 (preref. 2018) | 3,360 | 3,590 |
G.O. Bonds, Water Financial Assistance Bonds (Water Infrastructure Fund), Series 2009-A, 5.00% 2028 |
1,500 | 1,627 |
G.O. Bonds, Water Financial Assistance Bonds (Water Infrastructure Fund), Series 2011-A, 5.00% 2021 |
1,400 | 1,684 |
G.O. Bonds, Water Financial Assistance Bonds (Water Infrastructure Fund), Series 2013-B, 5.00% 2026 |
1,600 | 1,979 |
The Tax-Exempt Bond Fund of America — Page 77 of 98
Bonds, notes & other debt instruments Texas (continued) |
Principal amount (000) |
Value (000) |
Grand Parkway Transportation Corp., Grand Parkway System Toll Rev. Bonds, Series 2013-B, 5.00% 2053 |
$32,800 | $38,387 |
Grand Parkway Transportation Corp., Grand Parkway System Toll Rev. Bonds, Series 2013-B, 5.25% 2051 | 11,500 | 13,773 |
Harris County, Cultural Education Facs. Fin. Corp., Hospital Rev. Bonds (Memorial Hermann Health System), Series 2016-A, 5.00% 2046 | 11,125 | 13,561 |
Harris County, Cultural Education Facs. Fin. Corp., First Mortgage Rev. Bonds (Brazos Presbyterian Homes, Inc. Project), Series 2013-A, 4.00% 2023 | 1,325 | 1,411 |
Harris County, Cultural Education Facs. Fin. Corp., First Mortgage Rev. Bonds (Brazos Presbyterian Homes, Inc. Project), Series 2013-A, 5.00% 2033 | 1,560 | 1,673 |
Harris County, Cultural Education Facs. Fin. Corp., First Mortgage Rev. Bonds (Brazos Presbyterian Homes, Inc. Project), Series 2013-B, 7.00% 2043 | 3,000 | 3,618 |
Harris County, Cultural Education Facs. Fin. Corp., Hospital Rev. Bonds (Children’s Hospital), Series 2015, 5.00% 2027 | 1,575 | 1,972 |
Harris County, Cultural Education Facs. Fin. Corp., Hospital Rev. Bonds (Children’s Hospital), Series 2015, 5.00% 2028 | 1,000 | 1,249 |
Harris County, Cultural Education Facs. Fin. Corp., Hospital Rev. Bonds (Children’s Hospital), Series 2015, 5.00% 2032 | 1,000 | 1,230 |
Harris County Cultural Education Facs. Fin. Corp., Medical Facs. Rev. Ref. Bonds (Baylor College of Medicine), 1.127% 2045 (put 2020)1 | 22,000 | 22,112 |
Harris County Cultural Education Facs. Fin. Corp., Rev. Ref. Bonds (Methodist Hospital System), Series 2008-B, 5.25% 2017 |
3,000 | 3,181 |
Harris County Cultural Education Facs. Fin. Corp., Rev. Ref. Bonds (Methodist Hospital System), Series 2008-B, 5.50% 2018 |
3,500 | 3,878 |
Harris County, Cultural Education, Facs. Fin. Corp., Thermal Utility Rev. Bonds (Teco Project), Series 2009-A, 5.25% 2035 | 2,000 | 2,256 |
Harris County, Cultural Education, Facs. Fin. Corp., Thermal Utility Rev. Bonds (Teco Project), Series 2010, 5.00% 2031 | 1,000 | 1,159 |
Harris County, Health Facs. Dev. Corp., Hospital Rev. Ref. Bonds (Houston Methodist Hospital), Series 2015, 5.00% 2045 | 1,000 | 1,195 |
Harris County, Health Facs. Dev. Corp., Hospital Rev. Ref. Bonds (Memorial Hermann Healthcare System), Series 2008-B, 7.25% 2035 (preref. 2018) | 1,500 | 1,729 |
Harris County, Health Facs. Dev. Corp., Hospital Rev. Ref. Bonds (Memorial Hermann Healthcare System), Series 2014-A, 5.00% 2025 | 2,800 | 3,528 |
Harris County, Health Facs. Dev. Corp., Hospital Rev. Ref. Bonds (Memorial Hermann Healthcare System), Series 2014-A, 5.00% 2027 | 2,500 | 3,112 |
Harris County, Health Facs. Dev. Corp., Rev. Ref. Bonds (CHRISTUS Health), Series 2005-A-4, Assured Guaranty Municipal insured, 0.505% 20311 | 10,575 | 10,575 |
Harris County, Industrial Dev. Corp., Solid Waste Disposal Rev. Bonds (Deer Park Refining Limited Partnership Project), Series 2006, 5.00% 2023 | 2,500 | 2,797 |
Harris County, Metropolitan Transit Auth., Sales and Use Tax Rev. Ref. Bonds, Series 2016-A, 5.00% 2027 | 4,500 | 5,862 |
Harris County, Sports Auth., Rev. Ref. Bonds, Series 2014-A, 5.00% 2028 | 1,500 | 1,832 |
Harris County, Sports Auth., Rev. Ref. Bonds, Series 2014-A, 5.00% 2053 | 1,350 | 1,553 |
Harris County, Sports Auth., Rev. Ref. Bonds, Series 2014-A, Assured Guaranty Municipal insured, 5.00% 2027 | 1,000 | 1,233 |
Harris County, Cultural Education Facs. Fin. Corp., Hospital Rev. Bonds (Memorial Hermann Health System), Series 2016-A, 5.00% 2040 | 7,575 | 9,241 |
Harris County, Metropolitan Transit Auth., Sales and Use Tax Bonds, Series 2011-A, 5.00% 2036 | 7,000 | 8,279 |
Harris County, Toll Road Rev. Bonds, Series 2009-A, 5.00% 2026 (preref. 2019) | 4,000 | 4,520 |
Harris County, Toll Road Rev. Bonds, Series 2009-C, 5.00% 2033 (preref. 2019) | 1,000 | 1,130 |
Harris County, Toll Road Rev. Bonds, Series 2012-B, 1.14% 2021 (put 2018)1 | 15,000 | 14,990 |
Harris County, Toll Road Rev. Ref. Bonds, Series 2008-B, 5.00% 2033 (preref. 2018) | 7,000 | 7,629 |
Harris County, Toll Road Rev. Ref. Bonds, Series 2012-C, 4.00% 2033 | 3,150 | 3,466 |
Harris County, Toll Road Rev. Ref. Bonds, Series 2016-A, 5.00% 2034 | 2,000 | 2,504 |
Harris County, Toll Road Rev. Ref. Bonds, Series 2016-A, 5.00% 2038 | 7,300 | 8,950 |
Harris County, Toll Road Rev. Ref. Bonds, Series 2016-A, 5.00% 2041 | 2,000 | 2,466 |
The Tax-Exempt Bond Fund of America — Page 78 of 98
Bonds, notes & other debt instruments Texas (continued) |
Principal amount (000) |
Value (000) |
Harrison County, Health Facs., Dev. Corp., Hospital Rev. Bonds (Good Shepherd Health System), Series 2010, 5.25% 2028 | $1,000 | $1,085 |
Dept. of Housing and Community Affairs, Residential Mortgage Rev. Bonds, Series 2009-A, 5.375% 2039 | 1,145 | 1,187 |
Dept. of Housing and Community Affairs, Residential Mortgage Rev. Bonds, Series 2011-B, 4.25% 2034 | 1,195 | 1,296 |
City of Houston, Combined Utility System, Rev. and Rev. Ref. Bonds, Series 2016-B, 5.00% 2022 | 1,500 | 1,846 |
City of Houston, Combined Utility System, Rev. and Rev. Ref. Bonds, Series 2016-B, 5.00% 2033 | 5,000 | 6,299 |
City of Houston, Combined Utility System, Rev. and Rev. Ref. Bonds, Series 2016-B, 5.00% 2034 | 10,000 | 12,545 |
City of Houston, Combined Utility System, Rev. and Rev. Ref. Bonds, Series 2016-B, 5.00% 2035 |
30,000 | 37,480 |
City of Houston, Airport System Rev. Ref. Bonds, Series 2007-B, FGIC-National insured, 5.00% 2019 | 5,000 | 5,203 |
City of Houston, Airport System Rev. Ref. Bonds, Series 2009-A, 5.50% 2034 | 8,000 | 8,731 |
City of Houston, Airport System Rev. Ref. Bonds, Series 2009-A, 5.50% 2039 | 2,000 | 2,178 |
City of Houston, Airport System Rev. Ref. Bonds, Series 2011-B, 5.00% 2019 | 1,000 | 1,117 |
City of Houston, Airport System Rev. Ref. Bonds, Series 2011-B, 5.00% 2025 | 2,000 | 2,356 |
City of Houston, Airport System Rev. Ref. Bonds, Series 2012-B, 5.00% 2031 | 5,305 | 6,245 |
City of Houston, Convention Center and Entertainment Facs. Dept., Hotel Occupancy Tax and Special Rev. Ref. Bonds, Series 2011-B, 5.125% 2023 (preref. 2016) | 2,575 | 2,586 |
City of Houston, Public Improvement Ref. Bonds, Series 2008-A, 5.50% 2025 (preref. 2018) | 5,000 | 5,383 |
City of Houston, Water and Sewer System Rev. Ref. Bonds, Series 1998-A, Assured Guaranty Municipal insured, 0% 2019 | 845 | 815 |
City of Houston, Water and Sewer System Rev. Ref. Bonds, Series 1998-A, Assured Guaranty Municipal insured, 0% 2019 (escrowed to maturity) | 2,155 | 2,090 |
Houston Community College System Public Fac. Corp., Lease Rev. Bonds (Northline Mall Campus Project), Series 2007, AMBAC insured, 5.00% 2017 | 1,035 | 1,067 |
Houston Community College System, Student Fee Rev. Ref. Bonds (Harris and Fort Bend Counties), Series 2006, XLCA insured, 5.00% 2022 |
1,880 | 1,887 |
Houston Independent School Dist. (Harris County), Limited Tax SchoolHouse Bonds, Series 2008, 5.00% 2024 (preref. 2017) | 7,350 | 7,531 |
Keller Independent School Dist. (Tarrant County), Unlimited Tax School Building Bonds, Series 2007, 5.00% 2020 |
3,720 | 3,894 |
City of Kerrville, Health Facs. Dev. Corp., Hospital Rev. Bonds (Peterson Regional Medical Center Project), 5.00% 2023 | 1,000 | 1,196 |
City of Kerrville, Health Facs. Dev. Corp., Hospital Rev. Bonds (Peterson Regional Medical Center Project), 5.00% 2030 | 1,000 | 1,192 |
City of Kerrville, Health Facs. Dev. Corp., Hospital Rev. Bonds (Peterson Regional Medical Center Project), 5.00% 2035 | 3,780 | 4,380 |
La Vernia Higher Education Fin. Corp., Education Rev. Bonds (KIPP, Inc.), Series 2009-A, 6.25% 2039 (preref. 2019) |
2,500 | 2,911 |
Lone Star College System (Harris and Montgomery Counties), Limited Tax G.O. Bonds, Series 2009, 5.00% 2034 |
1,000 | 1,130 |
Longview Independent School Dist. (Gregg County), Unlimited Tax School Building Bonds, 5.00% 2025 (preref. 2018) | 1,735 | 1,891 |
Longview Independent School Dist. (Gregg County), Unlimited Tax School Building Bonds, 5.00% 2025 (preref. 2018) | 265 | 289 |
Longview Independent School Dist. (Gregg County), Unlimited Tax School Building Bonds, 5.00% 2026 (preref. 2018) | 1,305 | 1,423 |
Longview Independent School Dist. (Gregg County), Unlimited Tax School Building Bonds, 5.00% 2026 (preref. 2018) | 195 | 213 |
Love Field Airport Modernization Corp., Special Facs. Rev. Bonds (Southwest Airlines Co. - Love Field Modernization Program Project), Series 2010, 5.25% 2040 | 10,525 | 12,016 |
Lower Colorado River Auth., Rev. Ref. Bonds, Series 2015-D, 5.00% 2029 | 2,150 | 2,657 |
Lower Colorado River Auth., Rev. Ref. Bonds, Series 2015-D, 5.00% 2031 | 3,000 | 3,655 |
Lower Colorado River Auth., Transmission Contract Rev. Ref. and Improvement Bonds (LCRA Transmission Services Corp. Project), Series 2010, 5.00% 2030 | 2,520 | 2,844 |
The Tax-Exempt Bond Fund of America — Page 79 of 98
Bonds, notes & other debt instruments Texas (continued) |
Principal amount (000) |
Value (000) |
Lower Colorado River Auth., Transmission Contract Rev. Ref. and Improvement Bonds (LCRA Transmission Services Corp. Project), Series 2010, 5.00% 2040 | $6,550 | $7,384 |
Lower Colorado River Auth., Transmission Contract Rev. Ref. Bonds (LCRA Transmission Services Corp. Project), 5.00% 2040 | 1,500 | 1,779 |
Lower Colorado River Auth., Transmission Contract Rev. Ref. Bonds (LCRA Transmission Services Corp. Project), 5.00% 2045 | 5,000 | 5,977 |
Lower Colorado River Auth., Transmission Contract Rev. Ref. Bonds (LCRA Transmission Services Corp. Project), Series 2011-A, 5.00% 2041 | 1,500 | 1,702 |
Lower Colorado River Auth., Transmission Contract Rev. Ref. Bonds (LCRA Transmission Services Corp. Project), Series 2013, 5.00% 2026 | 5,000 | 5,956 |
Lower Colorado River Auth., Transmission Contract Rev. Ref. Bonds (LCRA Transmission Services Corp. Project), Series 2013-A, 5.00% 2027 | 3,500 | 4,234 |
Lower Colorado River Auth., Transmission Contract Rev. Ref. Bonds (LCRA Transmission Services Corp. Project), Series 2013-A, 5.00% 2036 | 7,000 | 8,206 |
Lower Colorado River Auth., Transmission Contract Rev. Ref. Bonds (LCRA Transmission Services Corp. Project), Series 2016, 4.00% 2034 | 1,300 | 1,450 |
Lower Colorado River Auth., Transmission Contract Rev. Ref. Bonds (LCRA Transmission Services Corp. Project), Series 2016, 4.00% 2035 | 850 | 945 |
Lower Colorado River Auth., Transmission Contract Rev. Ref. Bonds (LCRA Transmission Services Corp. Project), Series 2016, 5.00% 2027 | 700 | 893 |
Lower Colorado River Auth., Transmission Contract Rev. Ref. Bonds (LCRA Transmission Services Corp. Project), Series 2016, 5.00% 2029 | 1,525 | 1,919 |
Lower Colorado River Auth., Transmission Contract Rev. Ref. Bonds (LCRA Transmission Services Corp. Project), Series 2016, 5.00% 2046 | 4,000 | 4,837 |
City of Lubbock, Tax and Waterworks System Surplus Rev. Certificates of Obligation, Series 2007-A, Assured Guaranty Municipal insured, 5.25% 2027 (preref. 2017) | 5,000 | 5,128 |
Matagorda County, Navigation Dist. Number One, Pollution Control Rev. Ref. Bonds (AEP Texas Central Co. Project), Series 2005-A, AMBAC insured, 4.40% 2030 | 3,450 | 4,070 |
Midlothian Dev. Auth., Tax Increment Contract Rev. Ref. Bonds, Series 2007-A, RADIAN insured, 5.00% 2017 | 1,940 | 1,966 |
Midlothian Dev. Auth., Tax Increment Contract Rev. Ref. Bonds, Series 2007-A, RADIAN insured, 5.00% 2021 | 1,235 | 1,251 |
Midlothian Dev. Auth., Tax Increment Contract Rev. Ref. Bonds, Series 2007-A, RADIAN insured, 5.00% 2026 | 2,190 | 2,203 |
Mission Econ. Dev. Corp., Solid Waste Disposal Rev. Bonds (Allied Waste North America, Inc. Project), Series 2008-A, 0.60% 2020 (put 2016)1 |
1,500 | 1,500 |
Municipal Gas Acquisition and Supply Corp. I, Gas Supply Rev. Bonds, Series 2006-A, 5.25% 2017 | 2,500 | 2,641 |
Municipal Gas Acquisition and Supply Corp. I, Gas Supply Rev. Bonds, Series 2006-A, 5.25% 2019 | 5,000 | 5,624 |
Municipal Gas Acquisition and Supply Corp. I, Gas Supply Rev. Bonds, Series 2006-A, 5.25% 2021 | 1,000 | 1,185 |
Municipal Gas Acquisition and Supply Corp. II, Gas Supply Rev. Bonds, Series 2007-A, 1.295% 20271 | 20,000 | 18,757 |
Municipal Gas Acquisition and Supply Corp. III, Gas Supply Rev. Bonds, Series 2012, 5.00% 2021 | 6,155 | 7,236 |
Municipal Gas Acquisition and Supply Corp. III, Gas Supply Rev. Bonds, Series 2012, 5.00% 2022 | 1,000 | 1,199 |
Municipal Gas Acquisition and Supply Corp. III, Gas Supply Rev. Bonds, Series 2012, 5.00% 2026 | 15,000 | 17,603 |
Municipal Gas Acquisition and Supply Corp. III, Gas Supply Rev. Bonds, Series 2012, 5.00% 2030 | 8,250 | 9,459 |
Municipal Gas Acquisition and Supply Corp. III, Gas Supply Rev. Bonds, Series 2012, 5.00% 2031 | 1,500 | 1,709 |
New Hope Cultural Education Facs. Fin. Corp., Retirement Fac. Rev. Bonds (Wesleyan Homes Inc Project), Series 2014, 4.00% 2019 | 555 | 572 |
New Hope Cultural Education Facs. Fin. Corp., Retirement Fac. Rev. Bonds (Wesleyan Homes Inc Project), Series 2014, 5.50% 2043 | 1,000 | 1,090 |
New Hope Cultural Education Facs. Fin. Corp., Retirement Fac. Rev. Bonds (Wesleyan Homes Inc Project), Series 2014, 5.50% 2049 | 1,550 | 1,680 |
New Hope Cultural Education Facs. Fin. Corp., Student Housing Rev. Bonds (CHF - Collegiate Housing Stephenville III, L.L.C. - Tarleton State University Project), Series 2015-A, 5.00% 2047 | 1,000 | 1,133 |
North Central Texas Health Facs. Dev. Corp., Hospital Rev. Ref. Bonds (Children’s Medical Center of Dallas Project), Series 2012, 5.00% 2032 | 3,000 | 3,544 |
North East Independent School Dist., Unlimited Tax Ref. Bonds, Series 2007, 5.25% 2026 | 4,655 | 6,158 |
North Forest Independent School Dist. (Harris County), Unlimited Tax Schoolhouse Ref. Bonds, Series 2006-A, 5.00% 2020 (preref. 2016) | 1,995 | 1,999 |
The Tax-Exempt Bond Fund of America — Page 80 of 98
Bonds, notes & other debt instruments Texas (continued) |
Principal amount (000) |
Value (000) |
North Harris County, Regional Water Auth., Rev. and Rev. Ref. Bonds, Series 2016, 4.00% 2035 | $4,350 | $4,847 |
North Harris County, Regional Water Auth., Rev. and Rev. Ref. Bonds, Series 2016, 4.00% 2041 | 12,240 | 13,535 |
North Harris County, Regional Water Auth., Rev. and Rev. Ref. Bonds, Series 2016, 5.00% 2031 | 2,100 | 2,631 |
North Harris County, Regional Water Auth., Rev. and Rev. Ref. Bonds, Series 2016, 5.00% 2032 | 4,000 | 4,977 |
North Harris County, Regional Water Auth., Rev. and Rev. Ref. Bonds, Series 2016, 5.00% 2033 | 2,700 | 3,346 |
North Harris County, Regional Water Auth., Rev. and Rev. Ref. Bonds, Series 2016, 5.00% 2034 | 1,250 | 1,545 |
North Texas Health Facs. Dev. Corp., Hospital Rev. Ref. Bonds (United Regional Health Care System, Inc. Project), Series 2007, Assured Guaranty Municipal insured, 5.00% 2019 | 1,075 | 1,125 |
North Texas Health Facs. Dev. Corp., Hospital Rev. Ref. Bonds (United Regional Health Care System, Inc. Project), Series 2007, Assured Guaranty Municipal insured, 5.00% 2023 | 1,600 | 1,670 |
North Texas Health Facs. Dev. Corp., Hospital Rev. Ref. Bonds (United Regional Health Care System, Inc. Project), Series 2007, Assured Guaranty Municipal insured, 5.00% 2025 | 5,295 | 5,516 |
North Texas Municipal Water Dist., Water System Rev. Bonds, Series 2008, 5.00% 2038 | 5,000 | 5,436 |
North Texas Tollway Auth., Special Projects System Rev. Bonds, Current Interest Bonds, Series 2011-D, 5.00% 2031 |
6,500 | 7,671 |
North Texas Tollway Auth., System Rev. Ref. Bonds, Current Interest Bonds, Series 2008-A, 5.50% 2018 | 1,000 | 1,069 |
North Texas Tollway Auth., System Rev. Ref. Bonds, Current Interest Bonds, Series 2008-A, 6.00% 2021 (preref. 2018) | 3,295 | 3,548 |
North Texas Tollway Auth., System Rev. Ref. Bonds, Current Interest Bonds, Series 2008-A, 6.00% 2023 (preref. 2018) | 11,025 | 11,871 |
North Texas Tollway Auth., System Rev. Ref. Bonds, Current Interest Bonds, Series 2008-A, 6.00% 2025 (preref. 2018) | 4,385 | 4,721 |
North Texas Tollway Auth., System Rev. Ref. Bonds, Current Interest Bonds, Series 2014-C, 1.11% 2038 (put 2020)1 |
7,500 | 7,522 |
North Texas Tollway Auth., System Rev. Ref. Bonds, Current Interest Bonds, Series 2008-A, 5.625% 2033 (preref 2018) | 6,890 | 7,382 |
North Texas Tollway Auth., System Rev. Ref. Bonds, Current Interest Bonds, Series 2008-A, 6.00% 2021 | 465 | 497 |
North Texas Tollway Auth., System Rev. Ref. Bonds, Current Interest Bonds, Series 2008-A, 6.00% 2023 | 1,545 | 1,652 |
North Texas Tollway Auth., System Rev. Ref. Bonds, Current Interest Bonds, Series 2008-A, 6.00% 2025 | 615 | 660 |
North Texas Tollway Auth., System Rev. Ref. Bonds, Current Interest Bonds, Series 2012-B, 5.25% 2052 | 8,435 | 9,780 |
North Texas Tollway Auth., System Rev. Ref. Bonds, Current Interest Bonds, Series 2015-B, 5.00% 2040 | 7,200 | 8,448 |
North Texas Tollway Auth., System Rev. Ref. Bonds, Series 2008-A, 5.625% 2033 | 1,860 | 1,980 |
North Texas Tollway Auth., System Rev. Ref. Bonds, Series 2008-A, 5.625% 2033 (preref. 2018) |
6,350 | 6,804 |
North Texas Tollway Auth., System Rev. Ref. Bonds, Series 2008-F, 5.75% 2033 (preref. 2018) |
11,000 | 11,805 |
North Texas Tollway Auth., System Rev. Ref. Bonds, Series 2008-F, 5.75% 2038 (preref. 2018) |
8,500 | 9,122 |
North Texas Tollway Auth., System Rev. Ref. Bonds, Series 2009-A, 6.00% 2028 | 2,995 | 3,367 |
North Texas Tollway Auth., System Rev. Ref. Bonds, Series 2009-A, 6.00% 2028 (preref. 2019) |
13,005 | 14,676 |
North Texas Tollway Auth., System Rev. Ref. Bonds, Series 2009-A, 6.10% 2028 | 940 | 1,060 |
North Texas Tollway Auth., System Rev. Ref. Bonds, Series 2009-A, 6.10% 2028 (preref. 2019) |
4,060 | 4,591 |
North Texas Tollway Auth., System Rev. Ref. Bonds, Series 2009-A, 6.25% 2039 | 935 | 1,048 |
North Texas Tollway Auth., System Rev. Ref. Bonds, Series 2009-A, 6.25% 2039 (preref. 2019) |
4,065 | 4,612 |
North Texas Tollway Auth., System Rev. Ref. Bonds, Series 2010, 6.00% 2034 | 1,500 | 1,795 |
North Texas Tollway Auth., System Rev. Ref. Bonds, Series 2010, 6.00% 2038 | 5,000 | 5,952 |
North Texas Tollway Auth., System Rev. Ref. Bonds, Series 2011-A, 1.24% 2050 (put 2019)1 | 3,600 | 3,600 |
North Texas Tollway Auth., System Rev. Ref. Bonds, Series 2011-B, 5.00% 2038 | 8,000 | 8,996 |
North Texas Tollway Auth., System Rev. Ref. Bonds, Series 2012-C, 1.95% 2038 (put 2019) | 8,600 | 8,773 |
North Texas Tollway Auth., System Rev. Ref. Bonds, Series 2014-A, 5.00% 2022 | 1,000 | 1,195 |
North Texas Tollway Auth., System Rev. Ref. Bonds, Series 2015-A, 5.00% 2032 | 7,500 | 9,068 |
North Texas Tollway Auth., System Rev. Ref. Bonds, Series 2015-A, 5.00% 2034 | 4,500 | 5,403 |
The Tax-Exempt Bond Fund of America — Page 81 of 98
Bonds, notes & other debt instruments Texas (continued) |
Principal amount (000) |
Value (000) |
North Texas Tollway Auth., System Rev. Ref. Bonds, Series 2015-A, 5.00% 2035 | $4,000 | $4,785 |
North Texas Tollway Auth., System Rev. Ref. Bonds, Series 2015-A, 5.00% 2038 | 1,500 | 1,783 |
North Texas Tollway Auth., System Rev. Ref. Bonds, Series 2016-A, 5.00% 2030 | 1,800 | 2,251 |
North Texas Tollway Auth., System Rev. Ref. Bonds, Series 2016-A, 5.00% 2031 | 1,000 | 1,246 |
North Texas Tollway Auth., System Rev. Ref. Bonds, Series 2016-A, 5.00% 2032 | 500 | 620 |
North Texas Tollway Auth., System Rev. Ref. Bonds, Series 2016-A, 5.00% 2033 | 455 | 562 |
North Texas Tollway Auth., System Rev. Ref. Bonds, Series 2016-A, 5.00% 2034 | 1,000 | 1,230 |
North Texas Tollway Auth., System Rev. Ref. Bonds, Series 2016-A, 5.00% 2035 | 1,200 | 1,470 |
North Texas Tollway Auth., System Rev. Ref. Bonds, Series 2016-A, 5.00% 2036 | 1,000 | 1,219 |
North Texas Tollway Auth., System Rev. Ref. Bonds, Series 2016-A, 5.00% 2039 | 4,000 | 4,842 |
City of Olmos Park, Higher Education Facs. Corp., Higher Education Rev. Improvement and Ref. Bonds (University of the Incarnate Word Project), Series 2012, 5.00% 2026 | 2,075 | 2,501 |
Private Activity Bond Surface Transportation Corp., Rev. Bonds (NTE Mobility Partners LLC North Tarrant Express Managed Lanes Project), Series 2009, 6.875% 2039 | 5,250 | 6,236 |
Public Fin. Auth., G.O. Bonds, Series 2007, 5.00% 2024 (preref. 2017) | 1,525 | 1,606 |
Red River Education Fin. Corp., Higher Education Rev. Bonds (Saint Edward’s University Project), Series 2016, 4.00% 2041 | 2,000 | 2,157 |
Red River Education Fin. Corp., Higher Education Rev. Bonds (Saint Edward’s University Project), Series 2016, 5.00% 2046 | 1,500 | 1,766 |
Regional Mobilitiy Auth., Series 2016-A, 5.00% 2046 | 5,750 | 6,750 |
SA Energy Acquisition Public Fac. Corp., Gas Supply Rev. Bonds, Series 2007, 5.25% 2018 | 2,000 | 2,160 |
SA Energy Acquisition Public Fac. Corp., Gas Supply Rev. Bonds, Series 2007, 5.50% 2022 | 1,220 | 1,485 |
SA Energy Acquisition Public Fac. Corp., Gas Supply Rev. Bonds, Series 2007, 5.50% 2023 | 1,980 | 2,457 |
SA Energy Acquisition Public Fac. Corp., Gas Supply Rev. Bonds, Series 2007, 5.50% 2027 | 1,920 | 2,497 |
City of San Antonio, Electric and Gas Systems Rev. Ref. Bonds, New Series 2007, 5.00% 2017 | 5,000 | 5,116 |
City of San Antonio, Electric and Gas Systems Rev. Ref. Bonds, New Series 2007, 5.00% 2023 (preref. 2017) | 10,000 | 10,225 |
City of San Antonio, Electric and Gas Systems Rev. Ref. Bonds, New Series 2009-A, 5.00% 2030 | 13,080 | 14,502 |
City of San Antonio, Electric and Gas Systems Rev. Ref. Bonds, Series 2015-B, 0.82% 2033 (put 2018)1 | 9,250 | 9,219 |
City of San Antonio, Electric and Gas Systems Rev. Ref. Bonds, Series 2016, 5.00% 2026 | 2,500 | 3,253 |
City of San Antonio, Electric and Gas Systems Rev. Ref. Bonds, Series 2016, 5.00% 2027 | 2,700 | 3,512 |
City of San Antonio, Water System Rev. Ref. Bonds, Series 2016-A, 5.00% 2029 | 1,500 | 1,914 |
San Leanna Education Facs. Corp., Higher Education Rev. Bonds (St. Edward’s University Project), 5.125% 2021 |
775 | 798 |
San Leanna Education Facs. Corp., Higher Education Rev. Bonds (St. Edward’s University Project), 5.125% 2021 (preref. 2017) |
635 | 659 |
San Leanna Education Facs. Corp., Higher Education Rev. Bonds (St. Edward’s University Project), 5.125% 2023 |
525 | 540 |
San Leanna Education Facs. Corp., Higher Education Rev. Bonds (St. Edward’s University Project), 5.125% 2023 (preref. 2017) |
475 | 493 |
San Leanna Education Facs. Corp., Higher Education Rev. Ref. Bonds (St. Edward’s University Project), Series 2007, 5.00% 2020 |
1,100 | 1,133 |
San Leanna Education Facs. Corp., Higher Education Rev. Ref. Bonds (St. Edward’s University Project), Series 2007, 5.125% 2036 (preref. 2017) | 1,600 | 1,662 |
Sherman Independent School Dist. (Grayson County), Unlimited Tax School Building and Ref. Bonds, Series 2005-A, 5.00% 2017 |
275 | 276 |
South San Antonio Independent School Dist. (Bexar County), Unlimited Tax School Building Bonds, Series 2005, 5.50% 2030 |
7,510 | 10,290 |
Tarrant County Cultural Education Facs. Fin. Corp., Health Resources System Rev. Ref. Bonds, Series 2007-A, 5.00% 2024 |
2,000 | 2,048 |
Tarrant County Cultural Education Facs. Fin. Corp., Health Resources System Rev. Ref. Bonds, Series 2007-A, 5.00% 2036 |
2,000 | 2,043 |
Tarrant County Cultural Education Facs. Fin. Corp., Hospital Rev. Bonds (Baylor Scott & White Health Project), Series 2016-A, 4.00% 2042 | 2,300 | 2,520 |
Tarrant County Cultural Education Facs. Fin. Corp., Hospital Rev. Bonds (Baylor Scott & White Health Project), Series 2016-A, 5.00% 2031 | 1,500 | 1,873 |
The Tax-Exempt Bond Fund of America — Page 82 of 98
Bonds, notes & other debt instruments Texas (continued) |
Principal amount (000) |
Value (000) |
Tarrant County Cultural Education Facs. Fin. Corp., Hospital Rev. Bonds (Baylor Scott & White Health Project), Series 2016-A, 5.00% 2032 | $2,250 | $2,800 |
Tarrant County Cultural Education Facs. Fin. Corp., Hospital Rev. Bonds (Baylor Scott & White Health Project), Series 2016-A, 5.00% 2037 | 3,250 | 3,971 |
Tarrant County Cultural Education Facs. Fin. Corp., Hospital Rev. Bonds (Baylor Scott & White Health Project), Series 2016-A, 5.00% 2045 | 3,000 | 3,645 |
Tarrant County Cultural Education Facs. Fin. Corp., Hospital Rev. Ref. Bonds (Baylor Health Care System Project), Series 2011-A, 5.00% 2030 | 3,000 | 3,479 |
Tarrant County Cultural Education Facs. Fin. Corp., Hospital Rev. Ref. Bonds (Scott & White Healthcare Project), Series 2008-A, 5.00% 2019 (preref. 2018) | 2,595 | 2,826 |
Tarrant County Cultural Education Facs. Fin. Corp., Hospital Rev. Ref. Bonds (Scott & White Healthcare Project), Series 2008-A, 5.00% 2019 (preref. 2018) | 2,405 | 2,619 |
Tarrant County Cultural Education Facs. Fin. Corp., Hospital Rev. Ref. Bonds (Scott & White Healthcare Project), Series 2008-A, 5.25% 2028 (preref. 2018) | 1,185 | 1,296 |
Tarrant County Cultural Education Facs. Fin. Corp., Hospital Rev. Ref. Bonds (Scott & White Healthcare Project), Series 2008-A, 5.25% 2028 (preref. 2018) | 815 | 892 |
Tarrant County Cultural Education Facs. Fin. Corp., Hospital Rev. Ref. Bonds (Scott & White Healthcare Project), Series 2013-A, 5.00% 2033 | 1,000 | 1,188 |
Tarrant County Cultural Education Facs. Fin. Corp., Hospital Rev. Ref. Bonds (Scott and White Memorial Hospital and Scott, Sherwood and Brindley Foundation Project), Series 2008-A, 5.50% 2031 (preref. 2018) |
3,000 | 3,297 |
Tarrant County Cultural Education Facs. Fin. Corp., Retirement Fac. Rev. Bonds (Barton Creek Senior Living Center, Inc. - Querencia Project), 5.00% 2023 | 1,530 | 1,753 |
Tarrant County Cultural Education Facs. Fin. Corp., Retirement Fac. Rev. Bonds (Barton Creek Senior Living Center, Inc. - Querencia Project), 5.00% 2030 | 4,480 | 5,168 |
Tarrant County Cultural Education Facs. Fin. Corp., Retirement Fac. Rev. Bonds (Barton Creek Senior Living Center, Inc. - Querencia Project), 5.00% 2035 | 1,500 | 1,711 |
Tarrant County Cultural Education Facs. Fin. Corp., Retirement Fac. Rev. Ref. Bonds (Buckingham Senior Living Project), Series 2015-A, 5.25% 2035 | 800 | 893 |
Tarrant County Cultural Education Facs. Fin. Corp., Retirement Fac. Rev. Ref. Bonds (Buckingham Senior Living Project), Series 2015-A, 5.50% 2045 | 2,775 | 3,123 |
Tarrant County Cultural Education Facs. Fin. Corp., Retirement Fac. Rev. Ref. Bonds (Buckingham Senior Living Project), Series 2015-B-2, 3.875% 2020 | 1,750 | 1,771 |
Tarrant County Cultural Education Facs. Fin. Corp., Retirement Fac. Rev. Ref. Bonds (Buckner Retirement Services, Inc. Project), Series 2007, 5.25% 2022 | 1,040 | 1,095 |
Tarrant County Cultural Education Facs. Fin. Corp., Retirement Fac. Rev. Ref. Bonds (Buckner Retirement Services, Inc. Project), Series 2007, 5.25% 2022 (preref. 2017) | 815 | 865 |
Tarrant County Cultural Education Facs. Fin. Corp., Retirement Fac. Rev. Ref. Bonds (Buckner Retirement Services, Inc. Project), Series 2007, 5.25% 2027 | 3,875 | 4,054 |
Tarrant County Cultural Education Facs. Fin. Corp., Retirement Fac. Rev. Ref. Bonds (Buckner Retirement Services, Inc. Project), Series 2007, 5.25% 2027 (preref. 2017) | 3,110 | 3,299 |
Tarrant County Cultural Education Facs. Fin. Corp., Retirement Fac. Rev. Ref. Bonds (Buckner Retirement Services, Inc. Project), Series 2007, 5.25% 2037 | 8,050 | 8,389 |
Tarrant County Cultural Education Facs. Fin. Corp., Retirement Fac. Rev. Ref. Bonds (Buckner Retirement Services, Inc. Project), Series 2007, 5.25% 2037 (preref. 2017) | 6,405 | 6,794 |
Tarrant County Cultural Education Facs. Fin. Corp., Rev. Ref. Bonds (Trinity Terrace Project), Series 2014-A-1, 5.00% 2034 | 460 | 530 |
Tarrant County Cultural Education Facs. Fin. Corp., Rev. Ref. Bonds (Trinity Terrace Project), Series 2015-A-1, 4.00% 2020 | 540 | 588 |
Tarrant County Cultural Education Facs. Fin. Corp., Rev. Ref. Bonds (Trinity Terrace Project), Series 2015-A-1, 5.00% 2025 | 1,000 | 1,180 |
Tarrant County Cultural Education Facs. Fin. Corp., Rev. Ref. Bonds (Trinity Terrace Project), Series 2015-A-1, 5.00% 2045 | 2,185 | 2,449 |
Tarrant Regional Water Dist., Water Control and Improvement Dist., Water Rev. Ref. and Improvement Bonds, Series 2009, 5.00% 2021 (preref. 2019) | 1,400 | 1,557 |
The Tax-Exempt Bond Fund of America — Page 83 of 98
Bonds, notes & other debt instruments Texas (continued) |
Principal amount (000) |
Value (000) |
Tarrant Regional Water Dist., Water Control and Improvement Dist., Water Rev. Ref. and Improvement Bonds, Series 2009, 5.00% 2022 (preref. 2019) | $1,000 | $1,112 |
Tarrant Regional Water Dist., Water Control and Improvement Dist., Water Rev. Ref. and Improvement Bonds, Series 2009, 5.00% 2023 (preref. 2019) | 1,000 | 1,112 |
Board of Regents of the Texas A&M University System, Rev. Fncg. System Bonds, Series 2009-B, 5.00% 2021 | 1,955 | 2,191 |
Board of Regents of the Texas A&M University System, Rev. Fncg. System Bonds, Series 2016-C, 4.00% 2027 | 2,000 | 2,400 |
Board of Regents of the Texas A&M University System, Rev. Fncg. System Bonds, Series 2016-C, 5.00% 2034 | 1,000 | 1,262 |
Board of Regents of the Texas A&M University System, Rev. Fncg. System Bonds, Series 2016-C, 5.00% 2035 | 1,725 | 2,167 |
Board of Regents of the Texas A&M University System, Rev. Fncg. System Bonds, Series 2016-C, 5.00% 2036 | 1,000 | 1,251 |
Board of Regents of the Texas A&M University System, Rev. Fncg. System Bonds, Series 2016-C, 5.00% 2039 | 2,000 | 2,493 |
Board of Regents of the Texas A&M University System, Series 2009-A, 5.00% 2020 | 3,355 | 3,760 |
Board of Regents of the Texas A&M University System, Series 2009-A, 5.00% 2021 | 2,360 | 2,645 |
Board of Regents of the Texas A&M University System, Series 2015-B, 5.00% 2035 | 1,050 | 1,274 |
New Hope Cultural Education Facs. Fin. Corp., Student Housing Rev. Bonds (CHF - Collegiate Housing Corpus Christi II, L.L.C. - Texas A&M University-Corpus Christi Project), Series 2016-A, 5.00% 2036 | 355 | 412 |
Board of Regents, Texas State University System, Rev. Fncg. System Ref. Bonds, Series 2008, 5.25% 2025 (preref. 2018) | 4,500 | 4,843 |
Board of Regents, Texas State University System, Rev. Fncg. System Ref. Bonds, Series 2015-A, 5.00% 2027 | 1,500 | 1,886 |
Board of Regents of Texas Tech University System, Rev. Fncg. Ref. System and Improvement Bonds, Series 2009-12, 5.00% 2024 |
2,000 | 2,202 |
Board of Regents of Texas Tech University System, Rev. Fncg. System Ref. and Improvement Bonds, Series 2015-A, 5.00% 2033 |
2,000 | 2,457 |
Transportation Commission, G.O. Mobility Fund Bonds, Series 2008, 5.00% 2017 (escrowed to maturity) | 200 | 206 |
Transportation Commission, G.O. Mobility Fund Bonds, Series 2008, 5.00% 2021 (preref. 2018) | 1,125 | 1,208 |
Transportation Commission, G.O. Mobility Fund Bonds, Series 2008, 5.00% 2028 (preref. 2018) | 625 | 671 |
Transportation Commission, G.O. Mobility Fund Bonds, Series 2008, 5.00% 2017 | 2,050 | 2,113 |
Transportation Commission, G.O. Mobility Fund Bonds, Series 2008, 5.00% 2021 (preref. 2018) | 11,420 | 12,263 |
Transportation Commission, G.O. Mobility Fund Bonds, Series 2008, 5.00% 2028 (preref. 2018) | 6,375 | 6,845 |
Transportation Commission, G.O. Mobility Fund Bonds, Series 2014-A, 5.00% 2044 | 15,000 | 18,166 |
Transportation Commission, G.O. Mobility Fund Bonds, Series 2014-B, 0.82% 2041 (put 2018)1 |
1,500 | 1,491 |
Travis County, Health Facs. Dev. Corp., Rev. Bonds (Westminster Manor Project), Series 2010, 7.00% 2030 | 1,000 | 1,221 |
Travis County, Health Facs. Dev. Corp., Rev. Bonds (Westminster Manor Project), Series 2010, 7.125% 2040 | 2,750 | 3,350 |
Board of Regents of the University of Houston System, Consolidated Rev. Ref. Bonds, Series 2009, 5.00% 2025 |
2,735 | 3,027 |
Board of Regents of the University of North Texas System, Rev. Fncg. System Bonds, Series 2009-A, 5.00% 2035 |
1,000 | 1,105 |
Board of Regents of The University of Texas System, Fncg. System Rev. Ref. Bonds, Series 2014-B, 5.00% 2028 | 2,000 | 2,529 |
Board of Regents of The University of Texas System, Rev. Fncg. System Bonds, Series 2016-E, 5.00% 2027 | 2,500 | 3,324 |
Board of Regents of the University of Texas System, Rev. Ref. Fncg. System Bonds, Series 2002-B, 5.25% 2016 | 7,280 | 7,296 |
Waco Education Fin. Corp., Rev. Bonds (Baylor University Issue), Series 2012, 5.00% 2043 | 3,500 | 4,017 |
Waco Health Facs. Dev. Corp., FHA insured Mortgage Rev. Bonds (Hillcrest Health System Project), Series 2006-A, National insured, 5.00% 2016 (escrowed to maturity) |
1,000 | 1,000 |
Waco Health Facs. Dev. Corp., FHA insured Mortgage Rev. Bonds (Hillcrest Health System Project), Series 2006-A, National insured, 5.00% 2019 (preref. 2016) |
3,465 | 3,466 |
Water Dev. Board, State Revolving Fund, Rev. Bonds, Program Series 2008-B, 5.00% 2028 | 6,500 | 6,773 |
Water Dev. Board, State Revolving Fund, Rev. Bonds, Program Series 2008-B, 5.00% 2029 | 5,000 | 5,209 |
Water Dev. Board, State Revolving Fund, Rev. Bonds, Program Series 2008-B, 5.00% 2033 | 2,000 | 2,086 |
Weatherford Independent School Dist., Capital Appreciation Ref. Bonds, 0% 2018 | 2,380 | 2,357 |
Weatherford Independent School Dist., Capital Appreciation Ref. Bonds, 0% 2018 (escrowed to maturity) | 245 | 242 |
Ysleta Independent School Dist. (El Paso County), Unlimited Tax School Building Bonds, Series 2006, 5.00% 2018 (preref. 2016) |
2,480 | 2,485 |
1,274,531 |
The Tax-Exempt Bond Fund of America — Page 84 of 98
Bonds, notes & other debt instruments Utah 0.12% |
Principal amount (000) |
Value (000) |
Housing Corp., Single Family Mortgage Bonds, Series 2010-B-1, Class III, 4.00% 2024 | $295 | $310 |
Salt Lake County, College Rev. Ref. Bonds (Westminster College Project), Series 2007, 5.00% 2026 | 1,875 | 1,922 |
Utah Housing Corp., Single Family Mortgage Bonds, Class III, Series 2015-D-2, 4.00% 2045 | 12,655 | 13,895 |
16,127 | ||
Vermont 0.17% | ||
Educational and Health Buildings Fncg. Agcy., Rev. Bonds (The University of Vermont Medical Center Project), Series 2016-A, 5.00% 2031 | 3,300 | 4,063 |
Educational and Health Buildings Fncg. Agcy., Rev. Bonds (The University of Vermont Medical Center Project), Series 2016-A, 5.00% 2033 | 2,200 | 2,678 |
Educational and Health Buildings Fncg. Agcy., Rev. Bonds (The University of Vermont Medical Center Project), Series 2016-A, 5.00% 2035 | 3,000 | 3,614 |
Educational and Health Buildings Fncg. Agcy., Rev. Green Bonds (The University of Vermont Medical Center Project), Series 2016-B, 5.00% 2037 | 1,275 | 1,530 |
Educational and Health Buildings Fncg. Agcy., Rev. Green Bonds (The University of Vermont Medical Center Project), Series 2016-B, 5.00% 2038 | 1,500 | 1,797 |
Educational and Health Buildings Fncg. Agcy., Rev. Green Bonds (The University of Vermont Medical Center Project), Series 2016-B, 5.00% 2039 | 1,750 | 2,093 |
Educational and Health Buildings Fncg. Agcy., Rev. Green Bonds (The University of Vermont Medical Center Project), Series 2016-B, 5.00% 2046 | 6,000 | 7,148 |
22,923 | ||
Virgin Islands 0.25% | ||
Public Fin. Auth., Rev. Bonds (Matching Fund Loan Note - Diageo Project), Series 2009-A, 6.75% 2019 | 1,860 | 1,936 |
Public Fin. Auth., Rev. Bonds (Matching Fund Loan Note - Diageo Project), Series 2009-A, 6.625% 2029 | 5,000 | 5,156 |
Public Fin. Auth., Rev. Bonds (Matching Fund Loan Note), Series 2010-A, 5.00% 2029 | 10,500 | 10,583 |
Public Fin. Auth., Rev. Bonds (Matching Fund Loan Notes), Series 2012-A, 5.00% 20322 | 2,750 | 2,781 |
Public Fin. Auth., Rev. Ref. Bonds (Matching Fund Loan Notes), Series 2009-B, 5.00% 2018 | 3,500 | 3,572 |
Public Fin. Auth., Rev. Ref. Bonds (Matching Fund Loan Notes), Series 2010-B, 5.00% 2025 | 1,000 | 1,000 |
Public Fin. Auth., Rev. Ref. Bonds (Matching Fund Loan Notes), Series 2012-A, 2.25% 2017 | 860 | 850 |
Public Fin. Auth., Rev. Ref. Bonds (Matching Fund Loan Notes), Series 2012-A, 5.00% 2032 | 4,000 | 4,017 |
Public Fin. Auth., Rev. Ref. Bonds (Matching Fund Loan Notes), Series 2012-A, Assured Guaranty Municipal insured, 5.00% 2032 | 1,000 | 1,095 |
Public Fin. Auth., Rev. Ref. Bonds (Matching Fund Loan Notes), Series 2013-B, 5.00% 2024 | 4,000 | 4,066 |
35,056 | ||
Virginia 3.12% | ||
Econ. Dev. Auth. of Albemarle County, Public Fac. Rev. Ref. Bonds (Albemarle County Project), Series 2011, 5.00% 2022 | 2,955 | 3,490 |
Industrial Dev. Auth. of Albemarle County, Residential Care Fac. Mortgage Rev. Ref. Bonds (Westminster-Canterbury of the Blue Ridge), Series 2007, 5.00% 2031 |
1,000 | 1,007 |
Industrial Dev. Auth. of the City of Alexandria, Demand Rev. Ref. Bonds (Goodwin House), Series 2015, 5.00% 2030 |
1,000 | 1,208 |
Industrial Dev. Auth. of the City of Alexandria, Demand Rev. Ref. Bonds (Goodwin House), Series 2015, 5.00% 2045 |
4,000 | 4,713 |
Industrial Dev. Auth. of the City of Alexandria, Demand Rev. Ref. Bonds (Goodwin House), Series 2015, 5.00% 2050 |
2,000 | 2,342 |
Arlington County, G.O. Public Improvement Bonds, Series 2008, 5.00% 2024 (preref. 2017) | 1,500 | 1,531 |
Arlington County, G.O. Public Improvement Bonds, Series 2008, 5.00% 2025 (preref. 2017) | 2,000 | 2,041 |
Arlington County, G.O. Ref. Bonds, 5.00% 2018 (preref. 2016) | 2,660 | 2,661 |
Arlington County, G.O. Ref. Bonds, 5.00% 2018 (preref. 2016) | 1,765 | 1,765 |
Industrial Dev. Auth. of Arlington County, Hospital Rev. Ref. Bonds (Virginia Hospital Center Arlington Health System), Series 2010, 4.25% 2024 | 415 | 452 |
Industrial Dev. Auth. of Arlington County, Hospital Rev. Ref. Bonds (Virginia Hospital Center Arlington Health System), Series 2010, 5.00% 2031 | 6,355 | 7,111 |
The Tax-Exempt Bond Fund of America — Page 85 of 98
Bonds, notes & other debt instruments Virginia (continued) |
Principal amount (000) |
Value (000) |
Biotechnology Research Partnership Auth., Lease Rev. Ref. Bonds (Consolidated Laboratories Project), Series 2009, 5.00% 2021 |
$1,000 | $1,198 |
Industrial Dev. Auth. of Botetourt County, Residential Care Fac. Rev. Ref. Bonds (Glebe, Inc.), Series 2014-A, 6.00% 2044 | 5,750 | 6,216 |
Capital Region Airport Commission, Airport Rev. Ref. Bonds, Series 2013-A, 5.00% 2022 | 585 | 709 |
Capital Region Airport Commission, Airport Rev. Ref. Bonds, Series 2013-A, 5.00% 2023 | 600 | 739 |
Capital Region Airport Commission, Airport Rev. Ref. Bonds, Series 2016-A, 5.00% 2031 | 1,645 | 2,054 |
Industrial Dev. Auth. of Charlotte County, Hospital Rev. Bonds (Halifax Regional Hospital, Inc.), Series 2007, 5.00% 2027 | 1,000 | 1,038 |
City of Chesapeake, Chesapeake Transportation System Toll Road Rev. Ref. Bonds (Capital Appreciation Bonds), Series 2012-B, 0%/4.875% 20405 | 2,000 | 1,653 |
City of Chesapeake, Chesapeake Transportation System Toll Road Rev. Ref. Bonds, Series 2012-A, 5.00% 2047 |
4,525 | 5,118 |
County of Chesterfield, Water and Sewer Rev. Bonds, Series 2009, 4.00% 2021 (preref. 2018) | 2,000 | 2,153 |
County of Chesterfield, Water and Sewer Rev. Bonds, Series 2009, 4.00% 2023 (preref. 2018) | 1,000 | 1,077 |
Econ. Dev. Auth. of County of Chesterfield, Rev. Bonds (Bon Secours Health System, Inc.), Series 2008-C, Assured Guaranty insured, 5.00% 2042 | 2,500 | 2,836 |
College Building Auth., Educational Facs. Rev. Bonds (Washington and Lee University Project), Series 2015-A, 5.00% 2040 | 1,500 | 1,815 |
College Building Auth., Educational Facs. Rev. Bonds (21st Century College and Equipment Programs), Series 2009-A, 5.00% 2029 (preref. 2019) |
1,000 | 1,109 |
College Building Auth., Educational Facs. Rev. Bonds (21st Century College and Equipment Programs), Series 2012-A, 5.00% 2023 |
2,000 | 2,418 |
College Building Auth., Educational Facs. Rev. Bonds (Liberty University Projects), Series 2010, 5.25% 2029 | 2,000 | 2,284 |
College Building Auth., Educational Facs. Rev. Bonds (Public Higher Education Fncg. Program), Series 2009-A, 5.00% 2016 |
680 | 683 |
College Building Auth., Educational Facs. Rev. Bonds (Public Higher Education Fncg. Program), Series 2009-A, 5.00% 2016 (escrowed to maturity) |
5 | 5 |
College Building Auth., Educational Facs. Rev. Bonds (Public Higher Education Fncg. Program), Series 2009-A, 5.00% 2020 (preref. 2018) |
990 | 1,081 |
College Building Auth., Educational Facs. Rev. Bonds (Public Higher Education Fncg. Program), Series 2009-A, 5.00% 2020 (preref. 2018) |
10 | 11 |
College Building Auth., Educational Facs. Rev. Bonds (Public Higher Education Fncg. Program), Series 2009-A, 5.00% 2028 (preref. 2018) |
2,480 | 2,709 |
College Building Auth., Educational Facs. Rev. Bonds (Public Higher Education Fncg. Program), Series 2009-A, 5.00% 2028 (preref. 2018) |
20 | 22 |
College Building Auth., Educational Facs. Rev. Bonds (Washington and Lee University Project), Series 2001, 5.375% 2021 | 860 | 957 |
College Building Auth., Educational Facs. Rev. Bonds (Washington and Lee University Project), Series 2001, 5.75% 2034 | 1,000 | 1,416 |
College Building Auth., Educational Facs. Rev. Ref. Bonds (21st Century College and Equipment Programs), Series 2009-E-2, 5.00% 2023 | 3,000 | 3,707 |
College Building Auth., Educational Facs. Rev. Ref. Bonds (Marymount University Project), Series 2015-A, 5.00% 20352 | 500 | 562 |
College Building Auth., Educational Facs. Rev. Ref. Bonds (Marymount University Project), Series 2015-A, 5.00% 20452 | 500 | 556 |
College Building Auth., Educational Facs. Rev. Ref. Bonds (Marymount University Project), Series 2015-B, 5.25% 20352 | 600 | 682 |
College Building Auth., Educational Facs. Rev. Ref. Bonds (Public Higher Education Fncg. Program), Series 2012-A, 5.00% 2016 |
1,000 | 1,004 |
College Building Auth., Educational Facs. Rev. Ref. Bonds (Public Higher Education Fncg. Program), Series 2014, 5.00% 2044 |
2,385 | 2,895 |
College Building Auth., Educational Facs. Rev. Ref. Bonds (Public Higher Education Fncg. Program), Series 2015-B, 5.00% 2026 |
900 | 1,158 |
The Tax-Exempt Bond Fund of America — Page 86 of 98
Bonds, notes & other debt instruments Virginia (continued) |
Principal amount (000) |
Value (000) |
College Building Auth., Educational Facs. Rev. Ref. Bonds (Public Higher Education Fncg. Program), Series 2015-B, 5.00% 2028 |
$2,600 | $3,299 |
College Building Auth., Educational Facs. Rev. Ref. Bonds (Public Higher Education Fncg. Program), Series 2014, 5.00% 2025 |
4,710 | 5,993 |
College Building Auth., Educational Facs. Rev. Ref. Bonds (Roanoke College), Series 2007, 5.00% 2023 | 1,000 | 1,029 |
College Building Auth., Educational Facs. Rev. Ref. Bonds (Roanoke College), Series 2007, 5.00% 2033 | 1,375 | 1,412 |
Commonwealth Transportation Board, Federal Transportation Grant Anticipation Rev. Notes, Series 2012-A, 5.00% 2027 | 1,000 | 1,203 |
Commonwealth Transportation Board, Federal Transportation Grant Anticipation Rev. Notes, Series 2012-B, 5.00% 2023 | 1,545 | 1,894 |
Commonwealth Transportation Board, Federal Transportation Grant Anticipation Rev. Notes, Series 2012-B, 5.00% 2024 | 1,000 | 1,228 |
Commonwealth Transportation Board, Transportation Capital Projects Rev. Bonds, Series 2011, 5.00% 2025 | 1,500 | 1,786 |
Commonwealth Transportation Board, Transportation Rev. Ref. Bonds, Series 2012-A, 5.00% 2021 | 2,000 | 2,389 |
Commonwealth Transportation Board, Transportation Rev. Ref. Bonds, Series 2016-C, 5.00% 2025 | 2,000 | 2,588 |
Fairfax County, Econ. Dev. Auth., Residential Care Facs. Mortgage Rev. Bonds (Goodwin House Incorporated), Series 2007, 5.125% 2037 | 2,000 | 2,070 |
Fairfax County, Econ. Dev. Auth., Retirement Community Rev. Ref. Bonds (Greenspring Village, Inc. Fac.), Series 2006-A, 4.75% 2026 | 4,000 | 4,028 |
Fairfax County, Econ. Dev. Auth., Retirement Community Rev. Ref. Bonds (Greenspring Village, Inc. Fac.), Series 2006-A, 4.875% 2036 | 2,500 | 2,516 |
Fairfax County Econ. Dev. Auth., Transportation Dist. Improvement Rev. Bonds (Silver Line Phase I Project), Series 2011, 5.00% 2024 (preref. 2020) | 1,500 | 1,733 |
Fairfax County Econ. Dev. Auth., Transportation Dist. Improvement Rev. Bonds (Silver Line Phase I Project), Series 2011, 5.00% 2036 (preref. 2020) | 1,250 | 1,444 |
Fairfax County Econ. Dev. Auth., Transportation Dist. Improvement Rev. Bonds (Silver Line Phase I Project), Series 2012, 5.00% 2037 (preref. 2020) | 1,000 | 1,155 |
Fairfax County, Industrial Dev. Auth., Health Care Rev. Bonds (Inova Health System Project), Series 2009-A, 5.50% 2035 | 3,560 | 4,018 |
Fairfax County, Industrial Dev. Auth., Health Care Rev. Bonds (Inova Health System Project), Series 2009-A, 5.50% 2035 (preref. 2019) | 1,940 | 2,201 |
Fairfax County, Industrial Dev. Auth., Health Care Rev. Bonds (Inova Health System Project), Series 2012-A, 5.00% 2035 | 1,000 | 1,180 |
Fairfax County, Industrial Dev. Auth., Health Care Rev. Bonds (Inova Health System Project), Series 2012-A, 5.00% 2040 | 2,000 | 2,353 |
Fairfax County, Industrial Dev. Auth., Health Care Rev. Bonds (Inova Health System Project), Series 2016-A, 5.00% 2030 | 1,000 | 1,271 |
Fairfax County, Industrial Dev. Auth., Health Care Rev. Bonds (Inova Health System Project), Series 2016-A, 5.00% 2031 | 1,000 | 1,265 |
Fairfax County, Industrial Dev. Auth., Health Care Rev. Ref. Bonds (Inova Health System Project), Series 2009-A, 5.25% 2026 |
1,000 | 1,128 |
Fairfax County, Industrial Dev. Auth., Health Care Rev. Ref. Bonds (Inova Health System Project), Series 2009-C, 5.00% 2025 |
1,500 | 1,671 |
Fairfax County, Industrial Dev. Auth., Hospital Rev. Ref. Bonds (Inova Health System Hospitals Project), Series 1993-A, 5.25% 2019 |
2,500 | 2,666 |
Fairfax County, Industrial Dev. Auth., Hospital Rev. Ref. Bonds (Inova Health System Hospitals Project), Series 1993-A, Assured Guaranty Municipal insured, 5.25% 2019 |
1,000 | 1,069 |
Fairfax County, Sewer Rev. Bonds, Series 2012, 5.00% 2021 | 2,055 | 2,469 |
Fairfax County, Water Auth., Water Rev. Ref. Bonds, Series 1997, 5.00% 2021 | 1,000 | 1,108 |
Fairfax County, Water Auth., Water Rev. Ref. Bonds, Series 2005-B, 5.25% 2019 | 1,000 | 1,124 |
Fairfax County, Water Auth., Water Rev. Ref. Bonds, Series 2005-B, 5.25% 2026 | 1,500 | 2,017 |
Fairfax County, Water Auth., Water Rev. Ref. Bonds, Series 2007, 5.00% 2017 | 1,000 | 1,031 |
Fairfax County, Water Auth., Water Rev. Ref. Bonds, Series 2012, 5.00% 2028 | 1,000 | 1,204 |
Econ. Dev. Auth. of the City of Fredericksburg, Hospital Facs. Rev. Ref. Bonds (Mary Washington Healthcare Obligated Group), Series 2014, 5.00% 2031 | 500 | 591 |
The Tax-Exempt Bond Fund of America — Page 87 of 98
Bonds, notes & other debt instruments Virginia (continued) |
Principal amount (000) |
Value (000) |
G.O. Bonds, Series 2008-B, 5.00% 2022 (preref. 2018) | $2,000 | $2,163 |
Industrial Dev. Auth. of Halifax County, Recovery Zone Fac. Rev. Bonds (Virginia Electric and Power Co. Project), Series 2010-A, 2.15% 2041 (put 2020) | 2,000 | 2,081 |
City of Hampton, G.O. Public Improvement and Ref. Bonds, Series 2010-A, 5.00% 2020 | 1,595 | 1,766 |
Hampton Roads Sanitation Dist., Wastewater Rev. Bonds, Series 2012-A, 5.00% 2020 |
515 | 590 |
Hampton Roads Sanitation Dist., Wastewater Rev. Bonds, Series 2012-A, 5.00% 2039 | 3,200 | 3,672 |
Hampton Roads Sanitation Dist., Wastewater Rev. Bonds, Series 2012-A, 5.00% 2039 (preref. 2021) | 800 | 949 |
Hampton Roads Sanitation Dist., Wastewater Rev. Bonds, Series 2016-A, 5.00% 2037 | 2,000 | 2,511 |
Hampton Roads Sanitation Dist., Wastewater Rev. Ref. Bonds, Series 2008, 5.00% 2025 |
1,000 | 1,074 |
Hampton Roads Sanitation Dist., Wastewater Rev. Ref. Bonds, Series 2008, 5.00% 2033 (preref. 2018) | 1,260 | 1,354 |
Hampton Roads Sanitation Dist., Wastewater Rev. Ref. Bonds, Series 2008, 5.00% 2033 (preref. 2018) |
740 | 795 |
Small Business Fncg. Auth., Rev. Ref. Bonds (Hampton University), 5.00% 2024 | 1,000 | 1,244 |
Small Business Fncg. Auth., Rev. Ref. Bonds (Hampton University), Series 2014, 5.00% 2022 | 1,000 | 1,201 |
Small Business Fncg. Auth., Rev. Ref. Bonds (Hampton University), Series 2014, 5.25% 2029 | 2,000 | 2,466 |
Econ. Dev. Auth. of Hanover County, Residential Care Fac. Rev. Ref. Bonds (Covenant Woods), Series 2012-A, 4.00% 2022 | 1,005 | 1,082 |
Econ. Dev. Auth. of Hanover County, Residential Care Fac. Rev. Ref. Bonds (Covenant Woods), Series 2012-A, 5.00% 2042 | 1,000 | 1,074 |
Industrial Dev. Auth. of County of Hanover, Hospital Rev. Bonds (Memorial Regional Medical Center Project at Hanover Medical Park), Series 1995, National insured, 6.375% 2018 | 650 | 676 |
Industrial Dev. Auth. of the City of Harrisonburg, Hospital Facs. Rev. Bonds (Rockingham Memorial Hospital), Series 2006, AMBAC insured, 4.00% 2018 | 1,170 | 1,172 |
Industrial Dev. Auth. of the City of Harrisonburg, Residential Care Fac. Rev. Ref. Bonds (Sunnyside Presbyterian Home), Series 2013-B, 6.50% 2039 |
3,000 | 3,589 |
County of Henrico, G.O. Public Improvement Bonds, Series 2008-A, 5.00% 2018 | 500 | 552 |
County of Henrico, G.O. Public Improvement Bonds, Series 2008-A, 5.00% 2021 (preref. 2018) | 500 | 552 |
County of Henrico, G.O. Public Improvement Ref. Bonds, Series 2010, 5.00% 2025 | 1,630 | 1,876 |
Econ. Dev. Auth. of Henrico County, Residential Care Fac. Mortgage Rev. Ref. Bonds (Westminster Canterbury of Richmond), 4.00% 2035 | 1,000 | 1,039 |
Econ. Dev. Auth. of Henrico County, Residential Care Fac. Rev. Ref. Bonds (United Methodist Homes), 5.00% 2021 |
1,000 | 1,152 |
Econ. Dev. Auth. of Henrico County, Residential Care Fac. Rev. Ref. Bonds (United Methodist Homes), 5.00% 2022 |
655 | 769 |
Econ. Dev. Auth. of Henrico County, Residential Care Fac. Rev. Ref. Bonds (United Methodist Homes), 5.00% 2023 |
860 | 1,002 |
Econ. Dev. Auth. of Henrico County, Rev. Bonds (Bon Secours Health System, Inc.), Series 2008-B-2, Assured Guaranty insured, 5.25% 2042 | 2,000 | 2,270 |
Henrico County, Water and Sewer System Rev. Ref. Bonds, Series 2009, 5.00% 2024 (preref. 2019) | 1,000 | 1,119 |
Henrico County, Water and Sewer System Rev. Ref. Bonds, Series 2013, 5.00% 2023 |
945 | 1,185 |
Henrico County, Water and Sewer System Rev. Ref. Bonds, Series 2013, 5.00% 2024 |
1,000 | 1,240 |
Heritage Hunt Commercial Community Dev. Auth. (Prince William County), Special Assessment Bonds, Series 1999-B, 7.00% 2029 |
692 | 694 |
Econ. Dev. Auth. of James City County, Lease Rev. Bonds (Public Fac. Projects), Series 2006, Assured Guaranty Municipal insured, 5.00% 2021 (preref. 2017) | 1,000 | 1,040 |
Community Dev. Auth. of Loudoun County, Special Assessment Bonds (Dulles Town Center Project), Series 2012, 4.00% 2018 |
2,000 | 2,054 |
Community Dev. Auth. of Loudoun County, Special Assessment Bonds (Dulles Town Center Project), Series 2012, 4.25% 2026 |
1,000 | 1,048 |
Industrial Dev. Auth. of Loudoun County, Residential Care Fac. Rev. Ref. Bonds (Falcons Landing Project), Series 2004-B, 6.00% 2028 | 2,000 | 2,076 |
The Tax-Exempt Bond Fund of America — Page 88 of 98
Bonds, notes & other debt instruments Virginia (continued) |
Principal amount (000) |
Value (000) |
Loudoun County, Sanitation Auth., Water and Sewer System Rev. Bonds, Series 2007, 5.00% 2021 | $500 | $510 |
Loudoun County, G.O. Public Improvement Bonds, Series 2009-A, 5.00% 2020 | 1,000 | 1,127 |
Loudoun County, G.O. Ref. Bonds, Series 2010-A, 5.00% 2025 | 1,000 | 1,171 |
Industrial Dev. Auth. of the Town of Louisa, Pollution Control Rev. Ref. Bonds (Virginia Electric and Power Co. Project), Series 2014-C, 0.70% 2035 (put 2016) | 500 | 500 |
Industrial Dev. Auth. of the City of Lynchburg, Residential Care Fac. Mortgage Rev. Ref. Bonds (Westminster-Canterbury of Lynchburg), Series 2007, 5.00% 2031 |
500 | 508 |
City of Manassas Park, G.O. and Ref. Bonds, Series 2008, Assured Guaranty Municipal insured, 5.00% 2025 | 1,000 | 1,059 |
Econ. Dev. Auth. of Montgomery County, Rev. Ref. Bonds (Virginia Tech Foundation), Series 2011-A, 5.00% 2027 |
2,000 | 2,344 |
Econ. Dev. Auth. of Montgomery County, Rev. Ref. Bonds (Virginia Tech Foundation), Series 2011-A, 5.00% 2030 |
2,000 | 2,323 |
Industrial Dev. Auth. of Montgomery County, Public Facs. Lease Rev. Bonds (Public Projects), Series 2008, 5.00% 2020 (preref. 2018) | 1,755 | 1,873 |
Industrial Dev. Auth. of Montgomery County, Public Facs. Lease Rev. Bonds (Public Projects), Series 2008, 5.00% 2029 (preref. 2018) | 1,155 | 1,232 |
Mosaic Dist. Community Dev. Auth. (Fairfax County), Rev. Bonds, Series 2011-A, 6.875% 2036 | 3,000 | 3,478 |
New Port Community Dev. Auth., Special Assessment Bonds, Series 2006, 5.50% 20264 | 2,103 | 1,051 |
New Port Community Dev. Auth., Special Assessment Bonds, Series 2006, 5.60% 20364 | 1,900 | 949 |
New River Valley Regional Jail Auth., Regional Jail Fac. Rev. Ref. Bonds, Series 2016, 5.00% 2029 | 2,000 | 2,535 |
New River Valley Regional Jail Auth., Regional Jail Fac. Rev. Ref. Bonds, Series 2016, 5.00% 2031 | 2,000 | 2,508 |
New River Valley Regional Jail Auth., Regional Jail Fac. Rev. Ref. Bonds, Series 2016, 5.00% 2037 | 1,000 | 1,231 |
Newport News Industrial Dev. Auth., Health Systems Rev. Ref. Bonds (Custodial Receipts), 5.33% 20452 | 3,500 | 3,768 |
City of Newport News, G.O. Water Bonds, Series 2008-B, 5.00% 2023 (preref. 2018) | 2,000 | 2,142 |
City of Norfolk, Water Rev. Bonds, Series 2015-A, 5.25% 2044 | 2,000 | 2,475 |
City of Norfolk, Water Rev. Bonds, Series 2008, 5.00% 2027 (preref. 2018) | 2,120 | 2,330 |
Econ. Dev. Auth. of the City of Norfolk, Health Care Facs. Rev. Ref. Bonds (Sentara Healthcare), Series 2012-B, 5.00% 2036 | 1,865 | 2,198 |
Econ. Dev. Auth. of the City of Norfolk, Health Care Facs. Rev. Ref. Bonds (Sentara Healthcare), Series 2012-B, 5.00% 2043 | 1,500 | 1,759 |
Northern Virginia Transportation Auth., Transportation Special Tax Rev Bonds, Series 2014, 5.00% 2028 | 1,500 | 1,858 |
Peninsula Town Center Community Dev. Auth., Special Obligation Bonds, Series 2007, 6.35% 2028 | 3,345 | 3,489 |
Peninsula Town Center Community Dev. Auth., Special Obligation Bonds, Series 2007, 6.45% 2037 | 6,192 | 6,455 |
Pittsylvania County, G.O. School Bonds, Series 2008-B, 5.00% 2017 | 1,000 | 1,023 |
Port Auth., Port Facs. Rev. Ref. Bonds, Series 2010, 5.00% 2030 | 2,970 | 3,306 |
Port Auth., Port Facs. Rev. Ref. Bonds, Series 2010, 5.00% 2040 | 1,000 | 1,111 |
Econ. Dev. Auth. of the County of Powhatan, Lease Rev. Preref. Bonds (Virginia Capital Projects), Series 2007, AMBAC insured, 5.00% 2020 (preref. 2017) | 1,110 | 1,141 |
Industrial Dev. Auth. of the County of Prince William, Health Care Facs. Rev. and Rev. Ref. Bonds (Novant Health Obligated Group - Prince William Hospital), Series 2013-B, 5.00% 2024 |
850 | 1,018 |
Industrial Dev. Auth. of the County of Prince William, Health Care Facs. Rev. and Rev. Ref. Bonds (Novant Health Obligated Group - Prince William Hospital), Series 2013-B, 5.00% 2025 |
900 | 1,072 |
Industrial Dev. Auth. of the County of Prince William, Health Care Facs. Rev. and Rev. Ref. Bonds (Novant Health Obligated Group - Prince William Hospital), Series 2013-B, 5.00% 2046 |
1,000 | 1,144 |
Industrial Dev. Auth. of the County of Prince William, Student Housing Rev. Bonds (George Mason University Foundation Prince William Housing LLC Project), Series 2011-A, 5.125% 2041 | 3,400 | 3,962 |
Prince William County, Gateway Community Dev. Auth., Special Assessment Ref. Bonds, Series 2012, 5.00% 2030 |
1,500 | 1,595 |
Public Building Auth., Public Facs. Rev. Bonds, Series 2009-B, 5.00% 2016 | 1,390 | 1,390 |
Public Building Auth., Public Facs. Rev. Bonds, Series 2009-B, 5.00% 2024 |
2,000 | 2,254 |
Public Building Auth., Public Facs. Rev. Bonds, Series 2009-B, 5.00% 2027 |
2,000 | 2,239 |
Public Building Auth., Public Facs. Rev. Bonds, Series 2015-B, 5.00% 2026 | 1,140 | 1,462 |
The Tax-Exempt Bond Fund of America — Page 89 of 98
Bonds, notes & other debt instruments Virginia (continued) |
Principal amount (000) |
Value (000) |
Public Building Auth., Public Facs. Rev. Bonds, Series 2014-A, 5.00% 2027 |
$2,000 | $2,495 |
Public School Auth., School Fncg. Bonds (1997 Resolution), Series 2008-B, 5.25% 2021 (preref. 2018) | 1,055 | 1,153 |
Public School Auth., School Fncg. Bonds (1997 Resolution), Series 2008-B, 5.25% 2023 (preref. 2018) | 1,000 | 1,093 |
Public School Auth., School Fncg. Rev. Ref. Bonds (1997 Resolution), 5.00% 2026 | 2,000 | 2,581 |
Public School Auth., School Fncg. Rev. Ref. Bonds (1997 Resolution), 5.00% 2028 | 2,000 | 2,543 |
Public School Auth., School Fncg. Rev. Ref. Bonds (1997 Resolution), Series 2005-A, 5.25% 2017 | 1,000 | 1,048 |
Public School Auth., School Fncg. Rev. Ref. Bonds (1997 Resolution), Series 2005-B, 5.25% 2017 | 1,000 | 1,048 |
Public School Auth., School Fncg. Rev. Ref. Bonds (1997 Resolution), Series 2009-A, 5.00% 2019 | 1,000 | 1,129 |
Public School Auth., School Fncg. Rev. Ref. Bonds (1997 Resolution), Series 2009-C, 5.00% 2018 | 800 | 870 |
Public School Auth., School Fncg. Rev. Ref. Bonds (1997 Resolution), Series 2009-C, 5.00% 2020 | 1,000 | 1,128 |
Public School Auth., School Fncg. Rev. Ref. Bonds (1997 Resolution), Series 2009-C, 5.00% 2022 | 2,000 | 2,254 |
Public School Auth., Special Obligation Fncg. Bonds (Montgomery County), Series 2011, 5.00% 2022 | 1,000 | 1,180 |
Rappahannock Regional Jail Auth., Fac. Capital Improvement and Rev. Ref. Bonds, 5.00% 2032 | 2,250 | 2,805 |
Rappahannock Regional Jail Auth., Fac. Capital Improvement and Rev. Ref. Bonds, 5.00% 2031 | 2,000 | 2,501 |
Rappahannock Regional Jail Auth., Fac. Capital Improvement and Rev. Ref. Bonds, 5.00% 2030 | 1,750 | 2,196 |
Regional Jail Auth., Regional Jail Fac. Rev. Ref. Bonds, 5.00% 2025 | 1,115 | 1,431 |
Resources Auth., Infrastructure Rev. Ref. Bonds (Pooled Fncg. Program), Series 2009-B, 5.00% 2027 (preref. 2019) |
1,000 | 1,138 |
Resources Auth., Clean Water State Revolving Fund Rev. Bonds, Series 2007, 4.75% 2021 (preref. 2017) | 2,610 | 2,739 |
Resources Auth., Clean Water State Revolving Fund Rev. Bonds, Series 2007, 4.75% 2023 (preref. 2017) | 2,500 | 2,624 |
Resources Auth., Clean Water State Revolving Fund Rev. Bonds, Series 2008, 5.00% 2028 | 1,500 | 1,643 |
Resources Auth., Clean Water State Revolving Fund Rev. Bonds, Series 2009, 5.00% 2027 (preref. 2019) | 1,750 | 1,988 |
Resources Auth., Clean Water State Revolving Fund Rev. Bonds, Series 2009, 5.00% 2029 (preref. 2019) | 1,500 | 1,704 |
Resources Auth., Clean Water State Revolving Fund Rev. Bonds, Series 2009, 5.00% 2030 (preref. 2019) | 1,500 | 1,704 |
Resources Auth., Infrastructure Rev. Bonds (Pooled Fncg. Program), 5.00% 2025 | 1,555 | 2,037 |
Resources Auth., Infrastructure Rev. Bonds (Pooled Fncg. Program), 5.00% 2028 | 760 | 835 |
Resources Auth., Infrastructure Rev. Bonds (Pooled Fncg. Program), 5.00% 2028 (preref. 2018) | 240 | 264 |
Resources Auth., Infrastructure Rev. Bonds (Pooled Fncg. Program), Series 2006-A, 5.00% 2017 | 940 | 951 |
Resources Auth., Infrastructure Rev. Bonds (Pooled Fncg. Program), Series 2006-A, 5.00% 2017 (preref. 2016) | 545 | 551 |
Resources Auth., Infrastructure Rev. Bonds (Pooled Fncg. Program), Series 2006-A, 5.00% 2017 (preref. 2016) | 315 | 319 |
Resources Auth., Infrastructure Rev. Bonds (Pooled Fncg. Program), Series 2006-A, 5.00% 2017 (preref. 2016) | 305 | 309 |
Resources Auth., Infrastructure Rev. Bonds (Pooled Fncg. Program), Series 2008-A, 5.00% 2028 | 90 | 98 |
Resources Auth., Infrastructure Rev. Bonds (Pooled Fncg. Program), Series 2008-A, 5.00% 2028 (preref. 2018) | 925 | 1,016 |
Resources Auth., Infrastructure Rev. Bonds (Pooled Fncg. Program), Series 2008-A, 5.00% 2028 (preref. 2018) | 555 | 610 |
Resources Auth., Infrastructure Rev. Bonds (Pooled Fncg. Program), Series 2008-B, 5.00% 2020 | 340 | 372 |
Resources Auth., Infrastructure Rev. Bonds (Pooled Fncg. Program), Series 2008-B, 5.00% 2020 (preref. 2018) | 455 | 500 |
Resources Auth., Infrastructure Rev. Bonds (Pooled Fncg. Program), Series 2008-B, 5.00% 2023 | 820 | 897 |
Resources Auth., Infrastructure Rev. Bonds (Pooled Fncg. Program), Series 2008-B, 5.00% 2023 (preref. 2018) | 1,205 | 1,325 |
Resources Auth., Infrastructure Rev. Bonds (Pooled Fncg. Program), Series 2008-B, 5.00% 2027 | 2,095 | 2,288 |
Resources Auth., Infrastructure Rev. Bonds (Pooled Fncg. Program), Series 2008-B, 5.00% 2027 (preref. 2018) | 3,525 | 3,876 |
Resources Auth., Infrastructure Rev. Bonds (Pooled Fncg. Program), Series 2008-B, 5.00% 2027 (preref. 2018) | 380 | 418 |
Resources Auth., Infrastructure Rev. Bonds (Pooled Fncg. Program), Series 2008-B, 5.00% 2038 (preref. 2018) | 1,000 | 1,099 |
Resources Auth., Infrastructure Rev. Bonds (Pooled Fncg. Program), Series 2009-A, 5.00% 2028 | 250 | 284 |
Resources Auth., Infrastructure Rev. Bonds (Pooled Fncg. Program), Series 2009-A, 5.00% 2028 (preref. 2019) | 780 | 887 |
Resources Auth., Infrastructure Rev. Bonds (Pooled Fncg. Program), Series 2011-A, 5.00% 2024 | 1,365 | 1,640 |
Resources Auth., Infrastructure Rev. Bonds (Pooled Fncg. Program), Series 2011-A, 5.00% 2024 (preref. 2021) | 85 | 103 |
Resources Auth., Infrastructure Rev. Bonds (Pooled Fncg. Program), Series 2011-B, 5.00% 2027 | 1,365 | 1,632 |
Resources Auth., Infrastructure Rev. Bonds (Pooled Fncg. Program), Series 2011-B, 5.00% 2027 (preref. 2021) | 635 | 770 |
Resources Auth., Infrastructure Rev. Bonds (Pooled Fncg. Program), Series 2014-B, 5.00% 2027 | 1,000 | 1,255 |
Resources Auth., Infrastructure Rev. Bonds, Series 2008-B, 5.00% 2020 (preref. 2018) | 60 | 66 |
Resources Auth., Infrastructure Rev. Bonds, Series 2008-B, 5.00% 2023 (preref. 2018) | 145 | 159 |
City of Richmond, G.O. Public Improvement Bonds, Series 2009-A, 5.00% 2029 | 1,000 | 1,126 |
City of Richmond, Public Utility Rev. Ref. Bonds, Series 2007-A, Assured Guaranty Municipal insured, 4.50% 2022 |
500 | 509 |
The Tax-Exempt Bond Fund of America — Page 90 of 98
Bonds, notes & other debt instruments Virginia (continued) |
Principal amount (000) |
Value (000) |
City of Richmond, Public Utility Rev. Ref. Bonds, Series 2009-A, 5.00% 2027 | $1,000 | $1,101 |
City of Richmond, Public Utility Rev. Ref. Bonds, Series 2009-A, 5.00% 2035 | 1,800 | 1,979 |
City of Richmond, Public Utility Rev. Ref. Bonds, Series 2013-A, 5.00% 2027 | 1,000 | 1,224 |
Greater Richmond Convention Center Auth., Hotel Tax Rev. Ref. Bonds, Series 2015, 5.00% 2025 | 1,675 | 2,134 |
Greater Richmond Convention Center Auth., Hotel Tax Rev. Ref. Bonds, Series 2015, 5.00% 2026 | 3,520 | 4,457 |
Greater Richmond Convention Center Auth., Hotel Tax Rev. Ref. Bonds, Series 2015, 5.00% 2028 | 1,600 | 2,002 |
Greater Richmond Convention Center Auth., Hotel Tax Rev. Ref. Bonds, Series 2015, 5.00% 2029 | 1,375 | 1,711 |
Greater Richmond Convention Center Auth., Hotel Tax Rev. Ref. Bonds, Series 2015, 5.00% 2030 | 1,500 | 1,857 |
Greater Richmond Convention Center Auth., Hotel Tax Rev. Ref. Bonds, Series 2015, 5.00% 2032 | 1,000 | 1,229 |
Richmond Metropolitan Auth., Expressway Rev. Ref. Bonds, Series 2002, FGIC-National insured, 5.25% 2017 | 1,120 | 1,169 |
Econ. Dev. Auth. of the County of Roanoke, Lease Rev. Bonds (Public Fac. Projects), Series 2008, Assured Guaranty insured, 5.00% 2023 (preref. 2018) | 1,460 | 1,602 |
Econ. Dev. Auth. of the County of Roanoke, Lease Rev. Bonds (Public Fac. Projects), Series 2008, Assured Guaranty insured, 5.00% 2032 (preref. 2018) | 1,500 | 1,646 |
Industrial Dev. Auth. of the City of Roanoke, Hospital Rev. Bonds (Carilion Health System Obligated Group), Series 2005-C, Assured Guaranty Municipal insured, 5.00% 2017 | 1,400 | 1,455 |
Industrial Dev. Auth. of the City of Roanoke, Hospital Rev. Ref. Bonds (Carilion Health System Obligated Group), Assured Guaranty Municipal insured, 5.00% 2020 | 985 | 1,131 |
Industrial Dev. Auth. of the City of Roanoke, Hospital Rev. Ref. Bonds (Carilion Health System Obligated Group), Assured Guaranty Municipal insured, 5.00% 2020 (escrowed to maturity) | 15 | 17 |
Industrial Dev. Auth. of the City of Roanoke, Hospital Rev. Ref. Bonds (Carilion Health System Obligated Group), Assured Guaranty Municipal insured, 5.00% 2038 | 985 | 1,097 |
Industrial Dev. Auth. of the City of Roanoke, Hospital Rev. Ref. Bonds (Carilion Health System Obligated Group), Assured Guaranty Municipal insured, 5.00% 2038 (preref. 2020) | 15 | 17 |
Small Business Fncg. Auth., Health Care Facs. Rev. Ref. Bonds (Sentara Healthcare), Series 2010, 5.00% 2040 | 7,500 | 8,493 |
Small Business Fncg. Auth., Hospital Rev. Bonds (Wellmont Health System Project), Series 2007-A, 5.25% 2027 |
2,050 | 2,133 |
City of Spotsylvania, Water and Sewer System Rev. Ref. Bonds, 5.00% 2026 | 3,000 | 3,845 |
Stafford County, Econ. Dev. Auth., Hospital Facs. Rev. Ref. Bonds (Mary Washington Healthcare Obligated Group), Series 2016, 5.00% 2032 | 1,500 | 1,834 |
Stafford County, Econ. Dev. Auth., Hospital Facs. Rev. Ref. Bonds (Mary Washington Healthcare Obligated Group), Series 2016, 5.00% 2033 | 750 | 914 |
Stafford County, Econ. Dev. Auth., Hospital Facs. Rev. Ref. Bonds (Mary Washington Healthcare Obligated Group), Series 2016, 5.00% 2035 | 1,320 | 1,598 |
Tobacco Settlement Fncg. Corp., Tobacco Settlement Asset-backed Rev. Ref. Bonds, Series 2007-B-1, 5.00% 2047 |
3,755 | 3,670 |
Rector and Visitors of the University of Virginia, General Rev. Ref. Pledge Bonds, Series 2008, 5.00% 2040 | 3,000 | 3,239 |
Rector and Visitors of the University of Virginia, General Rev. Ref. Pledge Bonds, Series 2011, 5.00% 2030 | 1,000 | 1,183 |
Rector and Visitors of the University of Virginia, General Rev. Ref. Pledge Bonds, Series 2011, 5.00% 2031 | 1,000 | 1,183 |
Upper Occoquan Sewage Auth., Regional Sewerage System Rev. Bonds, 4.00% 2033 | 2,630 | 3,051 |
Upper Occoquan Sewage Auth., Regional Sewerage System Rev. Bonds, 5.00% 2026 | 4,500 | 5,843 |
Upper Occoquan Sewage Auth., Regional Sewerage System Rev. Bonds, 5.00% 2027 | 2,485 | 3,206 |
Upper Occoquan Sewage Auth., Regional Sewerage System Rev. Bonds, Series 2007-B, 4.75% 2034 | 1,000 | 1,039 |
Upper Occoquan Sewage Auth., Regional Sewerage System Rev. Bonds, Series A, Assured Guaranty Municipal insured, 5.15% 2020 | 820 | 909 |
Virginia Commonwealth University Health System Auth., General Rev. Bonds, Series 2011, 5.00% 2026 | 1,000 | 1,175 |
Virginia Commonwealth University Health System Auth., General Rev. Bonds, Series 2011, 5.00% 2030 | 1,200 | 1,383 |
City of Virginia Beach, Dev. Auth., Hospital Rev. Ref. Bonds (Virginia Beach General Hospital Project), Series 1993, AMBAC insured, 5.125% 2018 |
950 | 984 |
City of Virginia Beach, Dev. Auth., Public Fac. Rev. Bonds, Series 2007-A, 5.00% 2020 | 1,000 | 1,044 |
Industrial Dev. Auth. of Washington County, Hospital Rev. Ref. Bonds (Mountain States Health Alliance), Series 2009-C, 7.75% 2038 |
2,000 | 2,281 |
Watkins Centre Community Dev. Auth., Rev. Bonds, Series 2007, 5.40% 2020 | 1,766 | 1,770 |
Western Virginia Regional Jail Auth., Regional Jail Fac. Rev. Bonds, Series 2007, National insured, 4.75% 2024 (preref. 2017) | 2,200 | 2,277 |
The Tax-Exempt Bond Fund of America — Page 91 of 98
Bonds, notes & other debt instruments Virginia (continued) |
Principal amount (000) |
Value (000) |
Westmoreland County Industrial Dev. Auth., Lease Rev. Bonds (Northumberland County School Project), Series 2006, National insured, 5.00% 2022 (preref. 2016) | $1,215 | $1,229 |
Westmoreland County Industrial Dev. Auth., Lease Rev. Bonds (Northumberland County School Project), Series 2006, National insured, 5.00% 2023 (preref. 2016) | 1,275 | 1,290 |
Industrial Dev. Auth. of the City of Winchester, Hospital Rev. Ref. Bonds (Valley Health System Obligated Group), 5.00% 2044 | 2,000 | 2,396 |
Industrial Dev. Auth. of the City of Winchester, Hospital Rev. Ref. Bonds (Valley Health System Obligated Group), 5.00% 2035 | 1,000 | 1,210 |
Industrial Dev. Auth. of the City of Winchester, Hospital Rev. Bonds (Valley Health System Obligated Group), Series 2009-E, 5.625% 2044 (preref. 2019) | 1,300 | 1,456 |
Industrial Dev. Auth. of the City of Winchester, Hospital Rev. Ref. Bonds (Valley Health System Obligated Group), Series 2007, 5.00% 2026 | 1,080 | 1,099 |
Industrial Dev. Auth. of the City of Winchester, Hospital Rev. Ref. Bonds (Valley Health System Obligated Group), Series 2014-A, 5.00% 2044 | 3,000 | 3,511 |
Industrial Dev. Auth. of Wise County, Solid Waste and Sewage Disposal Rev. Bonds (Virginia Electric and Power Co. Project), Series 2009-A, 2.15% 2040 (put 2020) | 3,000 | 3,122 |
Industrial Dev. Auth. of Wise County, Solid Waste and Sewage Disposal Rev. Bonds (Virginia Electric and Power Co. Project), Series 2010-A, 1.875% 2040 (put 2020) | 1,000 | 1,030 |
Econ. Dev. Auth. of York County, Pollution Control Rev. Ref. Bonds (Virginia Electric and Power Co. Project), Series 2009-A, 1.875% 2033 (put 2019) |
3,000 | 3,076 |
430,528 | ||
Washington 2.70% | ||
Central Puget Sound Regional Transit Auth., Sales Tax and Motor Vehicle Excise Tax Bonds, Series 1999, FGIC-National insured, 5.25% 2021 | 4,500 | 5,275 |
Central Puget Sound Regional Transit Auth., Sales Tax Bonds, Series 2007-A, 5.00% 2034 (preref. 2017) | 5,000 | 5,279 |
Central Puget Sound Regional Transit Auth., Sales Tax Bonds, Series 2015-S-1, 5.00% 2045 | 5,000 | 6,124 |
Clark County, Vancouver School Dist. No. 37, Unlimited Tax Deferred Interest G.O. Bonds, Series 2001-C, FGIC-National insured, 0% 2016 | 2,500 | 2,496 |
Energy Northwest, Electric Rev. Ref. Bonds (Project No. 1), Series 2012-A, 5.00% 2017 | 17,000 | 17,711 |
Energy Northwest, Electric Rev. Ref. Bonds (Project No. 3), Series 2015-C, 5.00% 2026 | 1,500 | 1,925 |
Energy Northwest, Electric Rev. Ref. Bonds (Project No. 1), Series 2015-C, National insured, 5.00% 2030 | 1,250 | 1,563 |
Energy Northwest, Electric Rev. Ref. Bonds (Project No. 1), Series 2016-A, 5.00% 2024 | 450 | 574 |
Energy Northwest, Electric Rev. Ref. Bonds (Project No. 3), Series 2016-A, 5.00% 2027 | 4,925 | 6,398 |
Federal Highway Grant Anticipation Rev. Bonds (SR 520 Corridor Program), Series 2012-F, 5.00% 2023 | 5,000 | 6,089 |
Federal Highway Grant Anticipation Rev. Bonds (SR 520 Corridor Program), Series 2014-C, 5.00% 2021 | 2,500 | 2,975 |
FYI Properties, Lease Rev. Bonds (State of Washington DIS Project), Series 2009, 5.00% 2027 | 4,000 | 4,452 |
FYI Properties, Lease Rev. Bonds (State of Washington DIS Project), Series 2009, 5.25% 2029 | 2,500 | 2,800 |
FYI Properties, Lease Rev. Bonds (State of Washington DIS Project), Series 2009, 5.50% 2039 | 6,500 | 7,278 |
Public Utility Dist. No. 2 of Grant County, Priest Rapids Hydroelectric Project Rev. Ref. Bonds, Series 2015-A, 5.00% 2041 | 5,000 | 6,062 |
Health Care Facs. Auth., Rev. Bonds (Fred Hutchinson Cancer Research Center), 5.00% 2026 | 1,500 | 1,872 |
Health Care Facs. Auth., Rev. Bonds (Fred Hutchinson Cancer Research Center), 5.00% 2027 | 1,000 | 1,233 |
Health Care Facs. Auth., Rev. Bonds (Fred Hutchinson Cancer Research Center), 5.00% 2033 | 1,500 | 1,788 |
Health Care Facs. Auth., Rev. Bonds (Group Health Cooperative), Series 2006, RADIAN insured, 5.00% 2023 | 1,000 | 1,015 |
Health Care Facs. Auth., Rev. Bonds (Group Health Cooperative), Series 2006, RADIAN insured, 5.00% 2024 | 2,805 | 2,846 |
Health Care Facs. Auth., Rev. Bonds (Group Health Cooperative), Series 2006, RADIAN insured, 5.00% 2025 | 2,000 | 2,029 |
Health Care Facs. Auth., Rev. Bonds (Kadlec Regional Medical Center), Series 2012, 5.00% 2032 | 750 | 909 |
Health Care Facs. Auth., Rev. Ref. Bonds (Central Washington Health Services Association), Series 2015, 5.00% 2028 | 1,500 | 1,792 |
Health Care Facs. Auth., Rev. Ref. Bonds (Central Washington Health Services Association), Series 2015, 5.00% 2029 | 1,750 | 2,082 |
Health Care Facs. Auth., Rev. Ref. Bonds (Central Washington Health Services Association), Series 2015, 5.00% 2030 | 1,500 | 1,778 |
The Tax-Exempt Bond Fund of America — Page 92 of 98
Bonds, notes & other debt instruments Washington (continued) |
Principal amount (000) |
Value (000) |
Health Care Facs. Auth., Rev. Ref. Bonds (Central Washington Health Services Association), Series 2015, 5.00% 2039 | $6,825 | $7,936 |
Health Care Facs. Auth., Rev. Ref. Bonds (Children’s Hospital and Regional Medical Center), Series 2008-C, 5.375% 2031 (preref. 2018) | 3,000 | 3,309 |
Health Care Facs. Auth., Rev. Ref. Bonds (Children’s Hospital and Regional Medical Center), Series 2008-C, 5.50% 2035 (preref. 2018) | 5,000 | 5,529 |
Health Care Facs. Auth., Rev. Ref. Bonds (Kadlec Medical Center), Series 2006-A, Assured Guaranty insured, 5.00% 2021 | 3,025 | 3,072 |
Health Care Facs. Auth., Rev. Ref. Bonds (PeaceHealth), Series 2014-A, 5.00% 2027 | 500 | 608 |
Health Care Facs. Auth., Rev. Ref. Bonds (Providence Health & Services), Series 2012-B, 5.00% 2042 (put 2021) |
1,000 | 1,188 |
Health Care Facs. Auth., Rev. Ref. Bonds (Providence Health & Services), Series 2014-C, 5.00% 2044 | 4,500 | 5,323 |
Health Care Facs. Auth., Rev. Ref. Bonds (Virginia Mason Medical Center), Series 2007-A, 6.125% 2037 | 22,000 | 23,134 |
Health Care Facs. Auth., Rev. Ref. Bonds (Multicare Health System), Series 2015-A, 5.00% 2031 | 2,335 | 2,886 |
Health Care Facs. Auth., Rev. Ref. Bonds (Multicare Health System), Series 2015-A, 5.00% 2033 | 2,480 | 3,033 |
Health Care Facs. Auth., Rev. Ref. Bonds (Multicare Health System), Series 2015-A, 5.00% 2034 | 2,565 | 3,125 |
Health Care Facs. Auth., Rev. Bonds (Catholic Health Initiatives), Series 2013-B-1, 1.44% 2035 (put 2021)1 | 59,750 | 59,295 |
Higher Education Facs. Auth., Rev. Bonds (Gonzaga University Project), Series 2013-A, 5.25% 2043 | 9,765 | 11,276 |
Higher Education Facs. Auth., Rev. Ref. Bonds (Gonzaga University Project), Series 2009-B, 5.00% 2020 | 2,850 | 3,119 |
Higher Education Facs. Auth., Rev. Ref. Bonds (Gonzaga University Project), Series 2009-B, 5.00% 2029 | 6,000 | 6,563 |
Housing Fin. Commission, Nonprofit Housing Rev. Ref. Bonds (Emerald Heights Project), Series 2013, 5.00% 2028 |
1,100 | 1,268 |
Housing Fin. Commission, Nonprofit Housing Rev. Ref. Bonds (Herons Key Senior Living Project), Series 2015-A, 6.50% 20302 |
800 | 859 |
Housing Fin. Commission, Nonprofit Housing Rev. Ref. Bonds (Herons Key Senior Living Project), Series 2015-A, 6.75% 20352 |
820 | 886 |
Housing Fin. Commission, Nonprofit Housing Rev. Ref. Bonds (Herons Key Senior Living Project), Series 2015-A, 7.00% 20452 |
345 | 376 |
Housing Fin. Commission, Nonprofit Housing Rev. Ref. Bonds (Herons Key Senior Living Project), Series 2015-B-3, 4.375% 20212 |
2,550 | 2,583 |
Housing Fin. Commission, Nonprofit Housing Rev. Ref. Bonds (Rockwood Retirement Project), Series 2014-A, 7.375% 20442 | 15,880 | 18,882 |
Housing Fin. Commission, Nonprofit Housing Rev. Ref. Bonds (Rockwood Retirement Project), Series 2014-A, 7.50% 20492 | 6,000 | 7,155 |
Housing Fin. Commission, Homeownership Program Bonds, Series 2010-A, 4.70% 2028 | 345 | 366 |
Housing Fin. Commission, Homeownership Program Bonds, Series 2011-B, 4.25% 2032 | 1,515 | 1,643 |
Housing Fin. Commission, Single Family Program Bonds, Series 2014-1-N, 3.00% 2037 | 295 | 305 |
Housing Fin. Commission, Single Family Program Rev. Ref. Bonds, Series 2013-1-N, 3.00% 2043 | 215 | 221 |
Housing Fin. Commission, Single Family Program Rev. Ref. Bonds, Series 2015-1-N, 3.45% 2030 | 2,250 | 2,395 |
King County, Limited Tax G.O. Bonds, Series 2007-E, 5.00% 2027 (preref. 2017) | 6,045 | 6,407 |
King County, Sewer Rev. Ref. Bonds, 5.00% 2040 | 5,050 | 6,106 |
King County, Sewer Rev. Ref. Bonds, Series 2011-B, 5.00% 2034 | 10,000 | 11,613 |
Motor Vehicle Fuel Tax G.O. Bonds, Series 2014-B, 5.00% 2031 | 2,000 | 2,453 |
Motor Vehicle Fuel Tax G.O. Ref. Bonds, 5.00% 2025 | 3,000 | 3,639 |
Motor Vehicle Fuel Tax G.O. Ref. Bonds, Series R-2005-B, 5.00% 2028 | 5,000 | 5,420 |
City of Seattle, Municipal Light and Power Improvement and Rev. Ref. Bonds, Series 2015-B-1, 1.12% 2045 (put 2018)1 |
3,200 | 3,200 |
City of Seattle, Water System Rev. Ref. and Improvement Bonds, Series 2008, 5.00% 2027 (preref. 2018) | 3,000 | 3,201 |
City of Seattle, Water System Rev. Ref. and Improvement Bonds, Series 2008, 5.00% 2029 (preref. 2018) | 5,000 | 5,335 |
Port of Seattle, Passenger Fac. Charge Rev. Ref. Bonds, Series 2010-A, 5.00% 2023 | 5,000 | 5,782 |
Port of Seattle, Rev. Bonds, Series 1999-A, FGIC-National insured, 5.50% 2016 | 1,080 | 1,085 |
Port of Seattle, Rev. Bonds, Series 1999-A, FGIC-National insured, 5.50% 2018 | 7,920 | 8,702 |
Port of Seattle, Rev. Bonds, Series 1999-A, FGIC-National insured, 5.50% 2019 | 3,630 | 4,149 |
Port of Seattle, Rev. Bonds, Series 2009-A, 5.25% 2028 | 10,425 | 11,502 |
Port of Seattle, Rev. Ref. Bonds, Series 2010-B, 5.00% 2030 | 2,600 | 2,962 |
The Tax-Exempt Bond Fund of America — Page 93 of 98
Bonds, notes & other debt instruments Washington (continued) |
Principal amount (000) |
Value (000) |
Port of Seattle, Rev. Ref. Bonds, Series 2015-B, 5.00% 2026 | $1,000 | $1,256 |
Tobacco Settlement Auth., Tobacco Settlement Rev. Ref. Bonds, Series 2013, 5.00% 2026 | 9,940 | 9,971 |
Tobacco Settlement Auth., Tobacco Settlement Rev. Ref. Bonds, Series 2013, 5.00% 2027 | 2,500 | 2,572 |
Tobacco Settlement Auth., Tobacco Settlement Rev. Ref. Bonds, Series 2013, 5.25% 2029 | 5,000 | 5,373 |
Tobacco Settlement Auth., Tobacco Settlement Rev. Ref. Bonds, Series 2013, 5.25% 2031 | 1,940 | 2,189 |
Health Care Facs. Auth., Rev. Ref. Bonds (Seattle Children’s Hospital), Series 2010-B, 5.00% 2020 | 100 | 116 |
373,713 | ||
West Virginia 0.09% | ||
County Commission of Pleasants County, Pollution Control Rev. Ref. Bonds (Allegheny Energy Supply Co., LLC Pleasants Station Project), Series 2007-F, 5.25% 2037 | 11,000 | 11,423 |
West Virginia University, Board of Governors Improvement Rev. Bonds (West Virginia University Projects), Series 2014-C, 0.97% 2041 (put 2019)1 | 675 | 670 |
12,093 | ||
Wisconsin 1.95% | ||
Clean Water Rev. Bonds, Series 2008-1, 5.00% 2027 (preref. 2018) | 7,245 | 7,836 |
Clean Water Rev. Bonds, Series 2008-1, 5.00% 2028 (preref. 2018) | 2,620 | 2,834 |
General Fund Annual Appropriation Rev. Ref. Bonds, Series 2009-A, 5.75% 2033 | 5,000 | 5,653 |
General Fund Annual Appropriation Rev. Ref. Bonds, Series 2009-A, 6.00% 2036 | 52,960 | 60,201 |
Health and Educational Facs. Auth., Health Facs. Rev. Bonds (SSM Health Care), Series 2010-A, 5.25% 2034 | 2,000 | 2,274 |
Health and Educational Facs. Auth., Rev. Bonds (Agnesian HealthCare, Inc.), Series 2013-B, 5.00% 2036 | 5,125 | 5,944 |
Health and Educational Facs. Auth., Rev. Bonds (Ascension Health Alliance Senior Credit Group), Series 2013-B-1, 4.00% 2043 (put 2018) |
2,500 | 2,629 |
Health and Educational Facs. Auth., Rev. Bonds (Ascension Health Alliance Senior Credit Group), Series 2013-B-4, 5.00% 2043 (put 2021) |
7,000 | 8,261 |
Health and Educational Facs. Auth., Rev. Bonds (Ascension Health Credit Group), Series 2010-E, 5.00% 2033 | 11,000 | 12,456 |
Health and Educational Facs. Auth., Rev. Bonds (Ascension Senior Credit Group), Series 2016-A, 4.00% 2039 | 9,500 | 10,487 |
Health and Educational Facs. Auth., Rev. Bonds (Ascension Senior Credit Group), Series 2016-A, 5.00% 2039 | 9,000 | 11,023 |
Health and Educational Facs. Auth., Rev. Bonds (Saint John’s Communities, Inc.), Series 2015-B, 5.00% 2037 | 465 | 514 |
Health and Educational Facs. Auth., Rev. Bonds (Thedacare, Inc.), Series 2015, 5.00% 2044 | 4,000 | 4,730 |
Health and Educational Facs. Auth., Rev. Bonds (Wheaton Franciscan Healthcare System), Series 2006-A, 5.25% 2022 (preref. 2016) | 11,855 | 11,880 |
Health and Educational Facs. Auth., Rev. Ref. Bonds (Aurora Health Care, Inc.), Series 2012-A, 5.00% 2026 | 11,000 | 12,778 |
Health and Educational Facs. Auth., Rev. Ref. Bonds (Aurora Health Care, Inc.), Series 2012-A, 5.00% 2028 | 1,000 | 1,152 |
Health and Educational Facs. Auth., Rev. Ref. Bonds (Aurora Health Care, Inc.), Series 2013-A, 5.125% 2031 | 1,750 | 2,037 |
Health and Educational Facs. Auth., Rev. Ref. Bonds (Children’s Hospital of Wisconsin, Inc.), Series 2008-A, 5.25% 2022 | 3,645 | 3,962 |
Health and Educational Facs. Auth., Rev. Ref. Bonds (Childre’s Hospital of Wisconsin, Inc.), Series 2008-A, 5.25% 2023 | 3,990 | 4,332 |
Health and Educational Facs. Auth., Rev. Ref. Bonds (Children’s Hospital of Wisconsin, Inc.), Series 2008-A, 5.25% 2024 | 3,360 | 3,633 |
Health and Educational Facs. Auth., Rev. Ref. Bonds (Gundersen Lutheran), Series 2011-A, 5.25% 2039 | 9,000 | 10,411 |
Health and Educational Facs. Auth., Rev. Ref. Bonds (Ministry Health Care), Series 2012-C, 5.00% 2026 (preref. 2022) |
30 | 37 |
Health and Educational Facs. Auth., Rev. Ref. Bonds (ProHealth Care, Inc. Obligated Group), Series 2015, 5.00% 2031 | 460 | 550 |
Health and Educational Facs. Auth., Rev. Ref. Bonds (ProHealth Care, Inc. Obligated Group), Series 2015, 5.00% 2033 | 500 | 594 |
Health and Educational Facs. Auth., Rev. Ref. Bonds (The Monroe Clinic, Inc.), Series 2016, 4.00% 2031 | 450 | 496 |
Health and Educational Facs. Auth., Rev. Ref. Bonds (Thedacare, Inc.), Series 2015, 5.00% 2039 | 920 | 1,090 |
Health and Educational Facs. Auth., Rev. Bonds (Ascension Senior Credit Group), Series 2016-A, 4.00% 2035 | 10,000 | 11,148 |
Health and Educational Facs. Auth., Rev. Bonds (Ascension Senior Credit Group), Series 2016-A, 5.00% 2035 | 8,710 | 10,753 |
Health and Educational Facs. Auth., Rev. Bonds (Ascension Senior Credit Group), Series 2016-A, 5.00% 2036 | 3,000 | 3,686 |
The Tax-Exempt Bond Fund of America — Page 94 of 98
Bonds, notes & other debt instruments Wisconsin (continued) |
Principal amount (000) |
Value (000) |
Health and Educational Facs. Auth., Rev. Bonds (The Medical College of Wisconsin, Inc.), Series 2016, 5.00% 2041 |
$2,000 | $2,438 |
Milwaukee County, Airport Rev. Bonds, Series 2010-A, 5.00% 2034 | 2,000 | 2,239 |
Public Fin. Auth., Rev. Bonds (Roseman University of Health Sciences Project), Series 2012, 5.50% 2032 | 1,000 | 1,058 |
Public Fin. Auth., Student Housing Rev. Bonds (CHF - Cullowhee, LLC - Western Carolina University Project), 5.25% 2047 | 1,000 | 1,140 |
Public Fin. Auth., Hospital Rev. Ref. Bonds (Renown Regional Medical Center Project), Series 2016-A, 5.00% 2029 |
3,150 | 3,865 |
Public Fin. Auth., Hospital Rev. Ref. Bonds (Renown Regional Medical Center Project), Series 2016-A, 5.00% 2030 |
1,050 | 1,283 |
Public Fin. Auth., Hospital Rev. Ref. Bonds (Renown Regional Medical Center Project), Series 2016-A, 5.00% 2031 |
3,115 | 3,783 |
Public Fin. Auth., Hospital Rev. Ref. Bonds (Renown Regional Medical Center Project), Series 2016-A, 5.00% 2032 |
5,070 | 6,137 |
Public Fin. Auth., Hospital Rev. Ref. Bonds (Renown Regional Medical Center Project), Series 2016-A, 5.00% 2034 |
7,180 | 8,622 |
Public Fin. Auth., Hospital Rev. Ref. Bonds (Renown Regional Medical Center Project), Series 2016-A, 5.00% 2040 |
8,500 | 10,134 |
City of Superior, Limited Obligation Rev. Ref. Bonds (Midwest Energy Resources Co. Project), Series 1991-E, FGIC-National insured, 6.90% 2021 | 6,000 | 7,626 |
University of Wisconsin Hospitals and Clinics Auth., Rev. Bonds, Series 2013-A, 5.00% 2038 | 3,000 | 3,506 |
WPPI Energy, Power Supply System Rev. Ref. Bonds, Series 2013-A, 5.00% 2037 | 3,650 | 4,311 |
269,523 | ||
Wyoming 0.03% | ||
Community Dev. Auth., Housing Rev. Bonds, Series 2015-3, 3.00% 2044 | 1,630 | 1,711 |
Community Dev. Auth., Housing Rev. Bonds, Series 2015-6, 4.00% 2045 | 2,870 | 3,139 |
4,850 | ||
Total bonds, notes & other debt instruments (cost: $12,095,527,000) | 13,050,075 | |
Short-term securities 5.82% | ||
State of Arizona, Health Facs. Auth., Rev. Ref. Bonds (Banner Health), Series 2008-F, 0.46% 20291 | 17,420 | 17,420 |
State of Arizona, The Industrial Dev. Auth. Of the City of Phoenix, Health Care Facs. Rev. Bonds (Mayo Clinic), Series 2014-B, 0.23% 20521 | 3,000 | 3,000 |
State of California, Educational Facs. Auth., Higher Education Commercial Paper, Series 2016-S-3, 0.30% 11/3/2016 |
5,000 | 5,000 |
State of California, Educational Facs. Auth., Higher Education Commercial Paper, Series 2016-S-4, 0.44% 10/5/2016 |
10,000 | 10,000 |
State of California, Various Purpose G.O. Bonds, 2.00% 8/1/2016 | 6,470 | 6,471 |
State of California, City of Los Angeles, Dept. of Water and Power, Commercial Paper, Series 2016-A-2, 0.46% 10/11/2016 |
6,000 | 6,000 |
State of California, County of Los Angeles, 2016-17 Tax and Rev. Anticipation Notes, 3.00% 6/30/2017 | 60,000 | 61,384 |
State of California, Airport Commission of the City and County of San Francisco, San Francisco International Airport, Rev. Ref. Bonds, Series 2008-36C, 0.44% 20261 | 2,000 | 2,000 |
State of Colorado, Colorado Educational and Cultural Facs. Auth., Demand Rev. Bonds (National Jewish Federation Bond Program), Series D, 0.30% 20381 | 2,800 | 2,800 |
State of Colorado, General Fund Tax and Rev. Anticipation Notes, Series 2016-A, 2.00% 6/27/2017 |
75,000 | 75,959 |
State of Connecticut, Health and Educational Facs. Auth., Higher Education Commercial Paper, Series 2016-1, 0.43% 8/4/2016 | 9,000 | 9,000 |
State of Connecticut, Health and Educational Facs. Auth., Higher Education Commercial Paper, Series 2016-2, 0.43% 9/2/2016 | 5,290 | 5,290 |
District of Columbia, Tax and Rev. Anticipation Notes, Series 2015, 1.50% 9/30/2016 | 25,000 | 25,049 |
The Tax-Exempt Bond Fund of America — Page 95 of 98
Short-term securities | Principal amount (000) |
Value (000) |
State of Florida, School Board of Orange County, Certs. of Part., Series 2008-C, 0.47% 20251 | $2,800 | $2,800 |
State of Idaho, Tax Anticipation Notes, Series 2016, 2.00% 6/30/2017 | 15,000 | 15,196 |
State of Iowa, Fin. Auth., Demand Private College Rev. Ref. Bonds (Drake University Project), Series 2008, Wells Fargo Bank LOC, 0.28% 20311 | 1,335 | 1,335 |
State of Kentucky, Louisville and Jefferson County, Metropolitan Sewer Dist., Sewer and Drainage System Bonds, Series 2015, 5.00% 11/22/2016 | 9,000 | 9,126 |
State of Maryland, Maryland Health and Higher Educational Facs. Auth., Pooled Loan Program Rev. Bonds, Series 1994-D, 0.44% 20291 | 145 | 145 |
State of Maryland, Montgomery County, Consolidated Public Improvement Bond Anticipation Notes, Series 2009-B, 0.45% 8/9/2016 |
7,600 | 7,600 |
State of Massachusetts, Health and Educational Facs. Auth., Higher Education Commercial Paper, Series 2016-EE, 0.43% 9/6/2016 |
5,000 | 5,000 |
State of Massachusetts, Health and Educational Facs. Auth., Higher Education Commercial Paper, Series 2016-EE, 0.43% 9/8/2016 |
2,000 | 2,000 |
State of Massachusetts, School Building Auth., Dedicated Sales Tax Rev. Ref. Bonds, Series 2015-C, 5.00% 8/15/2016 |
21,705 | 21,750 |
State of Michigan, Fin. Auth. State Aid Rev. Notes (School Dist. of the City of Detroit), Series 2015-E, 5.75% 8/22/20162 |
10,000 | 10,010 |
State of Minnesota, Housing and Redev. Auth. of the City of St. Paul, Health Care System Demand Rev. Bonds (Allina Health System), Series 2009-B-1, JPMorgan Chase LOC, 0.39% 20351 | 5,275 | 5,275 |
State of Mississippi, Business Fin. Corp., Gulf Opportunity Zone Industrial Dev. Rev. Bonds (Chevron U.S.A. Inc. Project), Series 2007-E, 0.40% 20301 | 3,200 | 3,200 |
State of Mississippi, Business Fin. Corp., Gulf Opportunity Zone Industrial Dev. Rev. Bonds (Chevron U.S.A. Inc. Project), Series 2009-F, 0.40% 20301 | 20,300 | 20,300 |
State of Mississippi, Business Fin. Corp., Gulf Opportunity Zone Industrial Dev. Rev. Bonds (Chevron U.S.A. Inc. Project), Series 2010-L, 0.40% 20351 | 10,000 | 10,000 |
State of Missouri, Public Water Supply Dist. No. 2 of St. Charles County, Missouri, Demand Tax-Exempt Certs. of Part., Series 2005-A, 0.49% 20331 | 2,250 | 2,250 |
State of Missouri, Health and Educational Facs. Auth., Demand Educational Facs. Rev. Bonds (Washington University), Series 1996-A, 0.40% 20301 | 8,600 | 8,600 |
State of Missouri, Health and Educational Facs. Auth., Demand Educational Facs. Rev. Bonds (Washington University), Series 1996-D, 0.28% 20301 | 1,000 | 1,000 |
State of Missouri, Health and Educational Facs. Auth., Demand Educational Facs. Rev. Ref. Bonds (St. Louis University), Series 2008-A-2, 0.37% 20351 | 8,125 | 8,125 |
State of Nebraska, Hospital Auth. No. 2 of Douglas County, Health Facs. Rev. Ref. Bonds (Children’s Hospital Obligated Group), Series 2008-A, 0.28% 20321 | 500 | 500 |
State of New Hampshire, Health and Education Facs. Auth., Rev Bonds, Kendal at Hanover Issue, Series 2016, 2.00% 10/1/2016 | 260 | 261 |
State of New Hampshire, New Hampshire Health and Education Facs. Auth., Rev. Bonds (Dartmouth College Issue), Series 2003, 0.42% 20231 | 20,000 | 20,000 |
State of New York, Dormitory Auth. Rev., Higher Education Commercial Paper, Series 2002-C, 0.42% 8/1/2016 | 14,300 | 14,300 |
State of New York, Dormitory Auth., Rev. Bonds (Fordham University), Series 2008-A-2, Bank of America LOC, 0.45% 20321 | 5,800 | 5,800 |
State of New York, Dormitory Auth., University of Rochester Rev. Bonds, Series 2003-A, JPMorgan Chase LOC, 0.39% 20311 | 3,200 | 3,200 |
State of New York, City of Syracuse, Industrial Dev. Agcy., Civic Fac. Rev. Bonds (Syracuse University Project), Series 2008-A-2, JPMorgan Chase LOC, 0.40% 20371 | 5,300 | 5,300 |
State of New York, Metropolitan Transportation Auth., Dedicated Tax Fund Bond Anticipation Notes, Series 2016-A-1-F, 2.00% 3/1/2017 |
10,000 | 10,089 |
State of New York, Metropolitan Transportation Auth., Transportation Rev. Bond Anticipation Notes, Series 2015-B-1, 1.00% 8/1/2016 |
10,000 | 10,000 |
State of New York, Metropolitan Transportation Auth., Transportation Rev. Bond Anticipation Notes, Series 2015-B-1-F, 0.50% 8/1/2016 |
17,000 | 17,000 |
State of New York, Metropolitan Transportation Auth., Transportation Rev. Bond Anticipation Notes, Series 2015-B-1-G, 1.00% 8/1/2016 |
48,000 | 48,002 |
The Tax-Exempt Bond Fund of America — Page 96 of 98
Short-term securities | Principal amount (000) |
Value (000) |
State of New York, Metropolitan Transportation Auth., Transportation Rev. Bond Anticipation Notes, Series 2016-A-1-E, 2.00% 3/1/2017 |
$33,000 | $33,294 |
State of New York, Metropolitan Transportation Auth., Transportation Rev. Bond Anticipation Notes, Series 2016-A-1-F 2.00% 10/1/2016 |
39,000 | 39,102 |
State of New York, Metropolitan Transportation Auth., Transportation Rev. Bond Anticipation Notes, Series 2016-A-2-C, 2.00% 2/1/2017 |
5,320 | 5,359 |
State of New York, City of New York, G.O. Bonds, Series 2006-H-1, 0.39% 20361 | 9,185 | 9,185 |
State of New York, City of New York, G.O. Bonds, Series 2008-L-4, 0.40% 20381 | 8,585 | 8,585 |
State of New York, New York City Municipal Water Fin. Auth., Water and Sewer System Commercial Paper, 0.44% 8/5/2016 | 5,000 | 5,000 |
State of New York, New York City Municipal Water Fin. Auth., Water and Sewer System Second General Resolution Rev. Ref. Bonds, Series 2006-CC-1, 0.36% 20381 | 13,635 | 13,635 |
State of New York, New York City Transitional Fin. Auth., Future Tax Secured Rev. Ref. Bonds, Series 2015-E-3, 0.39% 20451 | 8,340 | 8,340 |
State of New York, New York City Transitional Fin. Auth., Future Tax Secured Rev. Ref. Bonds, Series 2016-E-4, 0.39% 20451 | 8,600 | 8,600 |
State of New York, New York City Transitional Fin. Auth., Future Tax Secured Tax-Exempt Bonds, Fiscal 2016 Series D, 1.50% 11/1/2016 |
1,600 | 1,605 |
State of New York, New York City, Transitional Fin. Auth., New York City Recovery Bonds, Fiscal Series 2003-1, Subseries 1-C, 0.39% 20221 | 4,000 | 4,000 |
State of North Carolina, Charlotte-Mecklenburg Hospital Auth., Carolinas HealthCare System, Health Care Rev. Ref. Bonds, Series 2007-B, Wells Fargo Bank LOC, 0.28% 20451 | 1,040 | 1,040 |
State of Oregon, Full Faith and Credit Tax Anticipation Notes, Series 2015-A, 2.00% 9/15/2016 |
101,300 | 101,505 |
State of Oregon, Full Faith and Credit Tax Anticipation Notes, Series 2016-A, 2.00% 6/30/2017 |
35,000 | 35,477 |
State of Tennessee, Public Building Auth. of the City of Clarksville, Pooled Fncg. Rev. Bonds, Series 2004, Bank of America LOC, 0.32% 20341 | 1,355 | 1,355 |
State of Texas, Harris County Cultural Education Facs. Fin. Corp., Special Facs. Rev. Ref. Bonds (Medical Center), Series 2008, Subseries 2008-B-2, JPMorgan Chase LOC, 0.30% 20311 |
3,160 | 3,160 |
State of Texas, City of Houston, Tax and Rev. Anticipation Notes, 1.00% 6/30/2017 | 5,000 | 5,021 |
State of Virginia, Industrial Dev. Auth. of Montgomery County, Rev. Ref. Bonds (Virginia Tech Foundation), Series 2005-A, Bank of America LOC, 0.01% 20351 | 1,380 | 1,380 |
State of Virginia, Small Business Fncg. Auth., Demand Rev. Ref. Bonds (Virginia State University Real Estate Foundation), Series 2008, Bank of America LOC, 0.01% 20301 | 1,645 | 1,645 |
State of Virginia, Virginia College Building Auth., Educational Facs. Rev. Bonds (University of Richmond Project), Series 2004, 0.43% 20341 | 10,000 | 10,000 |
State of Wisconsin, Health and Education Facs. Auth., Rev. Bonds (University of Wisconsin Medical Foundation, Inc.), 0.44% 20301 | 9,225 | 9,225 |
Total short-term securities (cost: $803,787,000) | 804,050 | |
Total investment securities 100.26% (cost: $12,899,314,000) | 13,854,125 | |
Other assets less liabilities (0.26%) | (36,570) | |
Net assets 100.00% | $13,817,555 |
1 | Coupon rate may change periodically. For short-term securities, the date of the next scheduled coupon rate change is considered to be the maturity date. |
2 | Acquired in a transaction exempt from registration under Rule 144A of the Securities Act of 1933. May be resold in the U.S. in transactions exempt from registration, normally to qualified institutional buyers. The total value of all such securities was $234,744,000, which represented 1.70% of the net assets of the fund. |
3 | Principal payments may be made periodically. Therefore, the effective maturity date may be earlier than the stated maturity date. |
4 | Scheduled interest and/or principal payment was not received. |
5 | Step bond; coupon rate will increase at a later date. |
The Tax-Exempt Bond Fund of America — Page 97 of 98
Key to abbreviations | |
Agcy. = Agency | Fin. = Finance |
Auth. = Authority | Fncg. = Financing |
Certs. of Part. = Certificates of Participation | G.O. = General Obligation |
Dept. = Department | LOC = Letter of Credit |
Dev. = Development | Preref. = Prerefunded |
Dist. = District | Redev. = Redevelopment |
Econ. = Economic | Ref. = Refunding |
Fac. = Facility | Rev. = Revenue |
Facs. = Facilities | TECP = Tax-Exempt Commercial Paper |
Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value.
Investors should carefully consider investment objectives, risks, charges and expenses. This and other important information is contained in the fund prospectus and summary prospectus, which can be obtained from your financial professional and should be read carefully before investing. You may also call American Funds Service Company (AFS) at (800) 421-4225 or visit the American Funds website at americanfunds.com.
MFGEFPX-019-0916O-S54166 | The Tax-Exempt Bond Fund of America — Page 98 of 98 |
Report of Independent Registered Public Accounting Firm
To the Board of Trustees and Shareholders of American Funds Short-Term Tax-Exempt Bond Fund, Limited Term Tax-Exempt Bond Fund of America, The Tax-Exempt Bond Fund of America, American High-Income Municipal Bond Fund, The Tax-Exempt Fund of California and American Funds Tax-Exempt Fund of New York
In our opinion, the accompanying statements of assets and liabilities, including the summary investment portfolios, and the related statements of operations and of changes in net assets and the financial highlights (included in Item 1 of this Form N-CSR) and the investment portfolios (included in Item 6 of this Form N-CSR) present fairly, in all material respects, the financial position of American Funds Short-Term Tax-Exempt Bond Fund, Limited Term Tax-Exempt Bond Fund of America, The Tax-Exempt Bond Fund of America, American High-Income Municipal Bond Fund, The Tax-Exempt Fund of California and American Funds Tax-Exempt Fund of New York (the “Funds”) at July 31, 2016, the results of each of their operations for the year then ended, the changes in each of their net assets and the financial highlights for each of the periods presented (other than as noted below for The Tax-Exempt Fund of California), in conformity with accounting principles generally accepted in the United States of America. These financial statements, financial highlights, and investment portfolios (hereafter referred to as "financial statements") are the responsibility of the Funds’ management. Our responsibility is to express an opinion on these financial statements based on our audits. We conducted our audits of these financial statements in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, and evaluating the overall financial statement presentation. We believe that our audits, which included confirmation of securities at July 31, 2016 by correspondence with the custodians and brokers, provide a reasonable basis for our opinion. The financial highlights of The Tax-Exempt Fund of California for each of the periods ended on or before July 31, 2013, were audited by another independent registered public accounting firm whose report dated September 9, 2013, expressed an unqualified opinion on those financial highlights.
PricewaterhouseCoopers LLP
Los Angeles, California
September 12, 2016
American
High-Income Municipal Bond Fund®
Investment portfolio
July 31, 2016
Bonds, notes & other debt instruments 93.49% Alabama 1.46% |
Principal amount (000) |
Value (000) |
Ascension Health, Rev. Bonds (Ascension Senior Credit Group), Series 2016-B, 5.00% 2046 | $500 | $613 |
Birmingham Special Care Facs. Fncg. Auth., Improvement Rev. Ref. Bonds (Methodist Home for the Aging), Series 2015-1, 5.75% 2045 | 3,250 | 3,562 |
Birmingham Special Care Facs. Fncg. Auth., Improvement Rev. Ref. Bonds (Methodist Home for the Aging), Series 2015-1, 6.00% 2050 | 1,600 | 1,765 |
Black Belt Energy Gas Dist., Gas Supply Rev. Bonds, Series 2016-A, 4.00% 2046 (put 2021) | 10,000 | 11,207 |
Houston County, Health Care Auth., Series 2016-A, 5.00% 2030 | 2,000 | 2,386 |
Jefferson County, Sewer Rev. Warrants, Series 2013-A, Assured Guaranty Municipal insured, 5.00% 2044 | 4,100 | 4,692 |
Jefferson County, Sewer Rev. Warrants, Series 2013-A, Assured Guaranty Municipal insured, 5.25% 2048 | 700 | 807 |
Jefferson County, Sewer Rev. Warrants, Series 2013-D, 6.00% 2042 | 6,500 | 7,907 |
Jefferson County, Sewer Rev. Warrants, Series 2013-D, 6.50% 2053 | 6,000 | 7,548 |
Jefferson County, Sewer Rev. Warrants, Series 2013-D, 7.00% 2051 | 520 | 674 |
Jefferson County, Sewer Rev. Warrants, Series 2013-E, 0% 2034 | 2,500 | 798 |
Jefferson County, Sewer Rev. Warrants, Series 2013-E, 0% 2035 | 17,475 | 5,127 |
Jefferson County, Sewer Rev. Warrants, Series 2013-E, 0% 2036 | 7,500 | 2,016 |
Jefferson County, Sewer Rev. Warrants, Series 2013-F, 0%/7.75% 20461 | 2,500 | 1,956 |
The Lower Alabama Gas Dist., Gas Project Rev. Bonds, Series 2016-A, 5.00% 2029 | 1,250 | 1,573 |
The Lower Alabama Gas Dist., Gas Project Rev. Bonds, Series 2016-A, 5.00% 2031 | 5,000 | 6,367 |
The Lower Alabama Gas Dist., Gas Project Rev. Bonds, Series 2016-A, 5.00% 2046 | 2,340 | 3,217 |
The Medical Clinic Board of the City of Montgomery, Health Care Fac. Rev. Bonds (Jackson Hospital & Clinic), 5.00% 2033 | 2,500 | 2,947 |
The Medical Clinic Board of the City of Montgomery, Health Care Fac. Rev. Bonds (Jackson Hospital & Clinic), 5.00% 2036 | 3,400 | 3,946 |
Industrial Dev. Board of the City of Phenix City, Environmental Improvement Rev. Ref. Bonds (MeadWestvaco-Mead Coated Board Project), Series 2012-A, AMT, 4.125% 2035 | 5,000 | 5,282 |
74,390 | ||
Alaska 0.26% | ||
Industrial Dev. and Export Auth., Power Rev. Ref. Bonds, AMT, 5.00% 2033 | 2,000 | 2,319 |
Industrial Dev. and Export Auth., Power Rev. Ref. Bonds, AMT, 5.00% 2034 | 2,000 | 2,310 |
International Airport System, Rev. Ref. Bonds, Series 2016-B, 5.00% 2034 | 1,000 | 1,223 |
International Airport System, Rev. Ref. Bonds, Series 2016-D, AMT, 5.00% 2018 | 2,550 | 2,777 |
International Airport System, Rev. Ref. Bonds, Series 2016-D, AMT, 5.00% 2019 | 2,950 | 3,322 |
International Airport System, Rev. Ref. Bonds, Series 2016-D, AMT, 5.00% 2020 | 1,000 | 1,158 |
13,109 | ||
Arizona 1.37% | ||
Health Facs. Auth., Rev. Ref. Bonds (Phoenix Children’s Hospital), Series 2013-A-1, 2.29% 2048 (put 2020)2 | 2,500 | 2,547 |
Estrella Mountain Ranch Community Facs. Dist. (City of Goodyear), Special Assessment Rev. Bonds (Montecito Assessment Dist.), Series 2007, 5.70% 2027 | 429 | 436 |
Estrella Mountain Ranch Community Facs. Dist. (City of Goodyear), Special Assessment Rev. Bonds (Montecito Assessment Dist.), Series 2007, 5.80% 2032 | 893 | 907 |
Health Facs. Auth., Rev. Bonds (Banner Health), Series 2007-B, 1.243% 20372 | 9,735 | 9,058 |
Industrial Dev. Auth. of the City of Phoenix and the County of Pima, Single Family Mortgage Rev. Bonds, Series 2006-3A, AMT, 5.25% 2038 | 216 | 221 |
Industrial Dev. Auth. of the City of Phoenix, Education Fac. Rev. Bonds (Legacy Traditional Schools Projects), 5.00% 20353 | 1,590 | 1,719 |
American High-Income Municipal Bond Fund — Page 1 of 52
Bonds, notes & other debt instruments Arizona (continued) |
Principal amount (000) |
Value (000) |
Industrial Dev. Auth. of the City of Phoenix, Education Fac. Rev. Bonds (Legacy Traditional Schools Projects), 5.00% 20453 | $2,250 | $2,414 |
Industrial Dev. Auth. of the City of Phoenix, Education Fac. Rev. Bonds (Legacy Traditional Schools Projects), Series 2014-A, 5.75% 20243 | 1,250 | 1,449 |
Industrial Dev. Auth. of the City of Phoenix, Education Fac. Rev. Bonds (Legacy Traditional Schools Projects), Series 2014-A, 6.50% 20343 | 1,560 | 1,862 |
Industrial Dev. Auth. of the City of Phoenix, Education Fac. Rev. Bonds (Legacy Traditional Schools Projects), Series 2014-A, 6.75% 20443 | 6,500 | 7,873 |
Industrial Dev. Auth. of the City of Phoenix, Education Facs. Rev Bonds (Basis Schools, Inc. Project), Series 2015, 5.00% 20453 |
5,500 | 5,971 |
Industrial Dev. Auth. of the City of Phoenix, Education Facs. Rev Bonds (Basis Schools, Inc. Project), Series 2016-A, 5.00% 20353 |
1,500 | 1,645 |
Industrial Dev. Auth. of the City of Phoenix, Education Facs. Rev Bonds (Basis Schools, Inc. Project), Series 2016-A, 5.00% 20463 |
6,350 | 6,888 |
Industrial Dev. of the City of Phoenix, Lease Rev. Bonds (Rowan University Project), Series 2012, 5.00% 2042 | 6,160 | 7,010 |
Industrial Dev. of the City of Phoenix, Lease Rev. Bonds (Rowan University Project), Series 2012, 5.25% 2034 | 5,000 | 5,843 |
Quail Creek Community Facs. Dist. (Sahuarita), G.O. Bonds, Series 2006, 5.55% 2030 | 4,520 | 4,525 |
Town of Queen Creek, Improvement Dist. No. 001, Improvement Bonds, 5.00% 2032 | 2,580 | 2,615 |
Industrial Dev. Auth. of the City of Tempe, Rev. Ref. Bonds (Friendship Village of Tempe), Series 2012-A, 5.00% 2019 |
500 | 549 |
Industrial Dev. Auth. of the City of Tempe, Rev. Ref. Bonds (Friendship Village of Tempe), Series 2012-A, 6.25% 2042 |
1,000 | 1,113 |
University Medical Center Corp. (Tucson), Hospital Rev. Bonds, Series 2009, 6.50% 2039 (preref. 2019) | 1,000 | 1,165 |
Verrado Dist. 1 Community Facs. Dist. (Town of Buckeye), Dist. G.O. Ref. Bonds, Series 2013-A, 5.00% 2021 | 500 | 546 |
Verrado Dist. 1 Community Facs. Dist. (Town of Buckeye), Dist. G.O. Ref. Bonds, Series 2013-A, 5.00% 2022 | 500 | 552 |
Verrado Dist. 1 Community Facs. Dist. (Town of Buckeye), Dist. G.O. Ref. Bonds, Series 2013-B, 5.00% 2023 | 450 | 500 |
Verrado Dist. 1 Community Facs. Dist. (Town of Buckeye), Dist. G.O. Ref. Bonds, Series 2013-B, 5.70% 2029 | 770 | 863 |
Verrado Dist. 1 Community Facs. Dist. (Town of Buckeye), Dist. G.O. Ref. Bonds, Series 2013-B, 6.00% 2033 | 700 | 791 |
Westpark Community Facs. Dist., Dist. G.O. Bonds (Town of Buckeye), Series 2006, 5.25% 2031 | 725 | 726 |
69,788 | ||
Arkansas 0.02% | ||
Dev. Fin. Auth., Health Care Rev. Bonds (Baptist Memorial Health Care), Series 2015-B-3, 1.99% 2044 (put 2022)2 |
1,000 | 991 |
California 9.91% | ||
Alameda Corridor Transportation Auth., Rev. Ref. Bonds, Series 2016-B, Assured Guaranty Municipal insured, 4.00% 2035 | 2,250 | 2,509 |
Community Facs. Dist. No. 2013-1, City of Alameda (Alameda Landing Public Improvements), Special Tax Bonds, Series 2016, 4.00% 2030 | 115 | 128 |
Community Facs. Dist. No. 2013-1, City of Alameda (Alameda Landing Public Improvements), Special Tax Bonds, Series 2016, 5.00% 2027 | 100 | 122 |
Community Facs. Dist. No. 2013-1, City of Alameda (Alameda Landing Public Improvements), Special Tax Bonds, Series 2016, 5.00% 2031 | 150 | 179 |
Community Facs. Dist. No. 2013-1, City of Alameda (Alameda Landing Public Improvements), Special Tax Bonds, Series 2016, 5.00% 2032 | 160 | 190 |
Community Facs. Dist. No. 2013-1, City of Alameda (Alameda Landing Public Improvements), Special Tax Bonds, Series 2016, 5.00% 2033 | 320 | 379 |
Community Facs. Dist. No. 2013-1, City of Alameda (Alameda Landing Public Improvements), Special Tax Bonds, Series 2016, 5.00% 2034 | 135 | 159 |
City of Alhambra, Rev. Bonds (Atherton Baptist Homes Project), Series 2010-A, 7.50% 2030 | 3,355 | 3,826 |
City of Alhambra, Rev. Bonds (Atherton Baptist Homes Project), Series 2010-A, 7.625% 2040 | 3,295 | 3,742 |
Anaheim, Public Fncg. Auth., Lease Rev. Bonds (Anaheim Convention Center Expansion Project), Series 2014-A, 5.00% 2046 |
2,000 | 2,405 |
American High-Income Municipal Bond Fund — Page 2 of 52
Bonds, notes & other debt instruments California (continued) |
Principal amount (000) |
Value (000) |
Antelope Valley Healthcare Dist., Rev. Bonds, Series 2016-A, 5.25% 2036 | $1,000 | $1,128 |
City of Azusa, Community Facs. Dist. No. 2005-1 (Rosedale), Improvement Area No. 1, Special Tax Bonds, Series 2007, 5.00% 2020 | 800 | 810 |
City of Azusa, Community Facs. Dist. No. 2005-1 (Rosedale), Improvement Area No. 1, Special Tax Bonds, Series 2007, 5.00% 2037 | 3,780 | 3,825 |
Assn. of Bay Area Governments, Fin. Auth. for Nonprofit Corps., Insured Rev. Ref. Bonds (Casa de las Campanas, Inc.), Series 2010, 6.00% 2037 |
500 | 591 |
Assn. of Bay Area Governments, Fin. Auth. for Nonprofit Corps., Insured Rev. Ref. Bonds (Channing House), Series 2010, 6.00% 2030 |
1,000 | 1,178 |
Assn. of Bay Area Governments, Fin. Auth. for Nonprofit Corps., Insured Senior Living Rev. Ref. Bonds (Odd Fellows Home of California), Series 2012-A, 5.00% 2032 | 1,000 | 1,198 |
Assn. of Bay Area Governments, Fin. Auth. for Nonprofit Corps., Rev. Ref. Bonds (Episcopal Senior Communities), Series 2011, 6.00% 2031 |
1,250 | 1,457 |
Assn. of Bay Area Governments, Fin. Auth. for Nonprofit Corps., Rev. Ref. Bonds (Episcopal Senior Communities), Series 2012-A, 5.00% 2047 |
3,500 | 3,948 |
Assn. of Bay Area Governments, Fin. Auth. for Nonprofit Corps., Rev. Ref. Bonds (Eskaton Properties Inc. Obligated Group), 5.00% 2023 | 400 | 482 |
Assn. of Bay Area Governments, Fin. Auth. for Nonprofit Corps., Rev. Ref. Bonds (Eskaton Properties Inc. Obligated Group), Series 2013, 5.00% 2035 |
2,500 | 2,830 |
Bay Area Toll Auth., San Francisco Bay Area Toll Bridge Rev. Ref. Bonds, Series 2008-B-1, 1.54% 2045 (put 2024)2 |
1,500 | 1,516 |
Bay Area Toll Auth., San Francisco Bay Area Toll Bridge Rev. Ref. Bonds, Series 2012-D-1, 1.233% 2045 (put 2017)2 |
4,000 | 4,004 |
City of Carlsbad, Reassessment Dist. No. 2012-1, Limited Obligation Ref. Bonds, 3.70% 2024 | 600 | 665 |
City of Carlsbad, Reassessment Dist. No. 2012-1, Limited Obligation Ref. Bonds, 3.80% 2025 | 650 | 717 |
City of Carlsbad, Reassessment Dist. No. 2012-1, Limited Obligation Ref. Bonds, 3.90% 2026 | 625 | 689 |
Cerritos Public Fin. Auth., Rev. Bonds (Los Coyotes Redev. Project Loan), Series A, AMBAC insured, 6.50% 2023 |
955 | 1,190 |
Cerritos Public Fin. Auth., Tax Allocation Rev. Bonds (Cerritos Redev. Projects), Series 2002-A, AMBAC insured, 5.00% 2020 |
2,500 | 2,676 |
Cerritos Public Fncg. Auth., 2002 Tax Allocation Rev. Bonds (Cerritos Redev. Agcy.), Series A, AMBAC insured, 5.00% 2022 |
2,000 | 2,136 |
Certs. of Part., Palomar Pomerado Health, 6.00% 2030 | 2,500 | 2,719 |
Certs. of Part., Palomar Pomerado Health, 6.00% 2041 | 2,290 | 2,467 |
Certs. of Part., Palomar Pomerado Health, 6.75% 2039 | 1,500 | 1,680 |
Chino Public Fncg. Auth., Local Agcy. Rev. Ref. Bonds, Series 2015-A, Assured Guaranty Municipal insured, 5.00% 2028 | 225 | 274 |
Chino Public Fncg. Auth., Local Agcy. Rev. Ref. Bonds, Series 2015-A, Assured Guaranty Municipal insured, 5.00% 2031 | 345 | 414 |
Chula Vista Municipal Fncg. Auth., Special Tax Rev. Ref. Bonds, Series 2013, 5.00% 2034 | 945 | 1,109 |
City of Chula Vista, Industrial Dev. Rev. Ref. Bonds (San Diego Gas & Electric Co.), Series 2004-C, 5.875% 2034 |
1,100 | 1,248 |
Community Facs. Dist. No. 2002-1, City of Corona (Dos Lagos), Special Tax Bonds (Improvement Area No. 1), Series 2007, 5.00% 2037 | 500 | 506 |
Community Facs. Dist. No. 2002-1, City of Corona (Dos Lagos), Special Tax Bonds, Series 2005-A, 4.90% 2025 | 1,140 | 1,143 |
Corona-Norco Unified School Dist. Public Fin. Auth., Special Tax Rev. Bonds, Series 2016-05-1, 4.00% 2029 | 615 | 692 |
Corona-Norco Unified School Dist. Public Fin. Auth., Special Tax Rev. Bonds, Series 2016-05-1, 4.00% 2030 | 640 | 718 |
Corona-Norco Unified School Dist. Public Fin. Auth., Special Tax Rev. Bonds, Series 2016-05-1, 5.00% 2036 | 1,510 | 1,787 |
Duarte Unified School Dist., Capital Appreciation Bonds, 2010 Election, Series 2011-A, BAM insured, 0% 2036 |
5,520 | 2,905 |
Educational Facs. Auth., Rev. Bonds (Stanford University), Series 2016-U-7, 5.00% 2046 | 2,500 | 3,802 |
Educational Facs. Auth., Rev. Bonds (University of San Francisco), Series 2011, 6.125% 2036 | 1,000 | 1,237 |
County of El Dorado, Community Facs. Dist. No. 1992-1 (El Dorado Hills Dev.), 2012 Special Tax Rev. Ref. Bonds, 4.00% 2031 |
700 | 762 |
American High-Income Municipal Bond Fund — Page 3 of 52
Bonds, notes & other debt instruments California (continued) |
Principal amount (000) |
Value (000) |
Community Facs. Dist. No. 1, Elk Grove Unified School Dist. (Sacramento County), 2012 Special Tax Ref. Bonds, 4.00% 2033 |
$4,000 | $4,311 |
City of Fontana, Community Facs. Dist. No. 22 (Sierra Hills South), Special Tax Bonds, Series 2014, 5.00% 2030 | 2,080 | 2,480 |
Foothill/Eastern Transportation Corridor Agcy., Toll Road Rev. Ref. Bonds, Assured Guaranty Municipal insured, 0% 2034 | 10,000 | 5,652 |
Foothill/Eastern Transportation Corridor Agcy., Toll Road Rev. Ref. Bonds, Assured Guaranty Municipal insured, 0% 2035 | 1,000 | 545 |
Foothill/Eastern Transportation Corridor Agcy., Toll Road Rev. Ref. Bonds, Series 2013-A, 0% 2042 | 5,000 | 1,935 |
Foothill/Eastern Transportation Corridor Agcy., Toll Road Rev. Ref. Bonds, Series 2013-A, 0%/6.85% 20421 | 1,250 | 1,114 |
Foothill/Eastern Transportation Corridor Agcy., Toll Road Rev. Ref. Bonds, Series 2013-A, 5.75% 2046 | 3,000 | 3,599 |
Foothill/Eastern Transportation Corridor Agcy., Toll Road Rev. Ref. Bonds, Series 2013-A, 6.00% 2053 | 4,000 | 4,856 |
Foothill/Eastern Transportation Corridor Agcy., Toll Road Rev. Ref. Bonds, Series 2013-C, 6.50% 2043 | 3,500 | 4,287 |
Various Purpose G.O. Bonds, 3.00% 2016 | 5,000 | 5,001 |
Golden State Tobacco Securitization Corp., Enhanced Tobacco Settlement Asset-backed Bonds, Series 2015-A, 5.00% 2040 |
5,000 | 6,061 |
Golden State Tobacco Securitization Corp., Tobacco Settlement Asset-backed Rev. Ref. Bonds, Series 2007-A-1, 5.75% 2047 |
10,000 | 10,203 |
Grossmont Union High School Dist., G.O. Bonds (San Diego County), 2004 Election, 0% 2032 | 5,000 | 3,237 |
Hawthorne School Dist., Capital Appreciation Bonds, 2004 Election, Series 2008-C, Assured Guaranty insured, 0% 2038 | 6,750 | 3,197 |
Hemet Unified School Dist., Fin. Auth. Special Tax Rev. Ref. Bonds, Series 2015, 5.00% 2024 | 225 | 276 |
Hemet Unified School Dist., Fin. Auth. Special Tax Rev. Ref. Bonds, Series 2015, 5.00% 2028 | 500 | 599 |
Hemet Unified School Dist., Fin. Auth. Special Tax Rev. Ref. Bonds, Series 2015, 5.00% 2032 | 540 | 634 |
Hemet Unified School Dist., Fin. Auth. Special Tax Rev. Ref. Bonds, Series 2015, 5.00% 2033 | 580 | 678 |
Hemet Unified School Dist., Fin. Auth. Special Tax Rev. Ref. Bonds, Series 2015, 5.00% 2034 | 350 | 408 |
Independent Cities Fin. Auth., Mobile Home Park Rev. Ref. Bonds (Palomar Estates West), 5.00% 2036 | 1,000 | 1,098 |
City of Irvine, Limited Obligation Improvement Bonds, Reassessment Dist. No. 15-2, 5.00% 2032 | 350 | 411 |
City of Irvine, Limited Obligation Improvement Bonds, Reassessment Dist. No. 15-2, 5.00% 2033 | 590 | 690 |
City of Irvine, Limited Obligation Improvement Bonds, Reassessment Dist. No. 15-2, 5.00% 2034 | 615 | 717 |
City of Irvine, Limited Obligation Improvement Bonds, Reassessment Dist. No. 15-2, 5.00% 2035 | 375 | 435 |
City of La Verne, Rev. Certs. of Part. (Brethren Hillcrest Homes), Series 2014, 5.00% 2024 | 310 | 362 |
City of La Verne, Rev. Certs. of Part. (Brethren Hillcrest Homes), Series 2014, 5.00% 2025 | 550 | 639 |
City of La Verne, Rev. Certs. of Part. (Brethren Hillcrest Homes), Series 2014, 5.00% 2026 | 350 | 404 |
Lake Elsinore, Public Fncg. Auth., Local Agcy. Rev. Ref. Bonds, Series 2015, 5.00% 2025 | 1,265 | 1,560 |
Lake Elsinore, Public Fncg. Auth., Local Agcy. Rev. Ref. Bonds, Series 2015, 5.00% 2031 | 2,920 | 3,474 |
Lake Elsinore, Public Fncg. Auth., Local Agcy. Rev. Ref. Bonds, Series 2015, 5.00% 2035 | 9,625 | 11,177 |
Lee Lake Public Fncg. Auth., Special Tax Rev. Ref. Bonds, Series 2013-A, 5.125% 2035 | 1,000 | 1,177 |
Lee Lake Public Fncg. Auth., Special Tax Rev. Ref. Bonds, Series 2013-A, 5.25% 2025 | 1,000 | 1,223 |
Lee Lake Public Fncg. Auth., Special Tax Rev. Ref. Bonds, Series 2013-A, 5.25% 2026 | 2,000 | 2,440 |
Lee Lake Public Fncg. Auth., Special Tax Rev. Ref. Bonds, Series 2013-B, 5.375% 2035 | 980 | 1,117 |
City of Long Beach, Marina Rev. Bonds (Alamitos Bay Marina Project), Series 2015, 5.00% 2045 | 500 | 578 |
Long Beach Community College Dist. (Los Angeles County), G.O. Bonds, 2008 Election, Series 2012-B, 0% 2034 |
1,250 | 724 |
M-S-R Energy Auth., Gas Rev. Bonds, Series 2009-B, 6.50% 2039 | 4,900 | 7,307 |
Mendocino-Lake Community College Dist., G.O. Bonds (Mendocino and Lake Counties), 2006 Election, Series 2011-B, Assured Guaranty Municipal insured, 0% 2051 | 3,000 | 883 |
Moorpark Unified School Dist., G.O. Bonds (Ventura County), 2008 Election, Series 2011-B, Assured Guaranty Municipal insured, 0% 2036 | 4,500 | 2,363 |
Community Redev. Agcy. of the City of Moreno Valley, Tax Allocation Bonds, Series 2007-A, AMBAC insured, 5.00% 2038 | 6,270 | 6,516 |
Morongo Band of Mission Indians, Enterprise Rev. Ref. Bonds, Series 2008-B, 5.50% 2018 | 1,320 | 1,392 |
Morongo Band of Mission Indians, Enterprise Rev. Ref. Bonds, Series 2008-B, 6.50% 2028 | 9,750 | 10,516 |
Municipal Fin. Auth., Rev. Bonds (California Baptist University), Series 2015-A, 5.25% 20353 | 2,035 | 2,238 |
Municipal Fin. Auth., Rev. Bonds (California Baptist University), Series 2015-A, 5.50% 20453 | 5,600 | 6,217 |
Municipal Fin. Auth., Certs. of Part. (Community Hospitals of Central California Obligated Group), 5.00% 2020 | 1,500 | 1,642 |
American High-Income Municipal Bond Fund — Page 4 of 52
Bonds, notes & other debt instruments California (continued) |
Principal amount (000) |
Value (000) |
Municipal Fin. Auth., Certs. of Part. (Community Hospitals of Central California Obligated Group), 5.00% 2021 | $1,500 | $1,638 |
Municipal Fin. Auth., Certs. of Part. (Community Hospitals of Central California Obligated Group), 5.25% 2037 | 585 | 595 |
Municipal Fin. Auth., Certs. of Part. (Community Hospitals of Central California Obligated Group), 5.25% 2037 (preref. 2017) | 415 | 425 |
Municipal Fin. Auth., Educational Fac. Rev. Bonds (High Tech High Projects, Chula Vista), Series 2008-B, 6.00% 20283 |
845 | 890 |
Municipal Fin. Auth., Educational Fac. Rev. Bonds (High Tech High Projects, Chula Vista), Series 2008-B, 6.125% 20383 |
750 | 788 |
Municipal Fin. Auth., Educational Fac. Rev. Bonds (High Tech High Projects, Chula Vista), Series 2008-B, 6.125% 20483 |
1,000 | 1,049 |
Municipal Fin. Auth., Educational Rev. Bonds (American Heritage Education Foundation Project), Series 2016-A, 5.00% 2036 |
750 | 869 |
Municipal Fin. Auth., Educational Rev. Bonds (American Heritage Education Foundation Project), Series 2016-A, 5.00% 2046 |
1,745 | 2,005 |
Municipal Fin. Auth., Rev. Bonds (Caritas Mobile Home Park), Series 2014-A, 5.25% 2039 | 1,200 | 1,420 |
Municipal Fin. Auth., Rev. Bonds (Caritas Mobile Home Park), Series 2014-B, 5.875% 2049 | 1,000 | 1,153 |
Municipal Fin. Auth., Rev. Bonds (Harbor Regional Center Project), Series 2009, 8.00% 2029 (preref. 2019) | 1,420 | 1,748 |
Municipal Fin. Auth., Rev. Bonds (Harbor Regional Center Project), Series 2009, 8.50% 2039 (preref. 2019) | 2,000 | 2,495 |
Municipal Fin. Auth., Rev. Bonds (University of La Verne), Series 2010-A, 6.25% 2040 | 1,000 | 1,166 |
Municipal Fin. Auth., Rev. Bonds (University Students’ Cooperative Assn.), Series 2007, 4.75% 2027 | 1,600 | 1,627 |
Municipal Fin. Auth., Rev. Bonds (University Students’ Cooperative Assn.), Series 2007, 5.00% 2037 | 1,000 | 1,016 |
Municipal Fin. Auth., Rev. Ref. Bonds (Azusa Pacific University Project), Series 2011-B, 8.00% 20413 | 7,500 | 9,905 |
Municipal Fin. Auth., Rev. Ref. Bonds (Azusa Pacific University Project), Series 2015-B, 5.00% 2026 | 1,065 | 1,287 |
Municipal Fin. Auth., Rev. Ref. Bonds (Azusa Pacific University Project), Series 2015-B, 5.00% 2030 | 2,505 | 2,955 |
Municipal Fin. Auth., Rev. Ref. Bonds (Biola University), Series 2008-A, 5.80% 2028 | 500 | 539 |
Municipal Fin. Auth., Rev. Ref. Bonds (Biola University), Series 2008-A, 5.875% 2034 | 1,500 | 1,615 |
Municipal Fin. Auth., Rev. Ref. Bonds (NorthBay Healthcare Group), Series 2016-A, 5.00% 2026 | 1,000 | 1,240 |
Murrieta Public Fncg. Auth., Special Tax Rev. Ref. Bonds, Series 2012, 4.00% 2034 | 1,965 | 2,108 |
Murrieta Public Fncg. Auth., Special Tax Rev. Ref. Bonds, Series 2012, 5.00% 2031 | 1,250 | 1,452 |
Newport-Mesa Unified School Dist. (County of Orange), G.O. Bonds, Election of 2005, Series 2011, 0% 2038 | 4,000 | 2,167 |
City of Norco, Community Facs. Dist. No. 2001-1 (Norco Ridge Ranch), Special Tax Ref. Bonds, Issue of 2006, AMBAC insured, 4.875% 2033 | 2,000 | 2,007 |
Port of Oakland, Rev. Ref. Bonds, Series 2011-O, AMT, 5.00% 2029 | 2,000 | 2,308 |
Port of Oakland, Rev. Ref. Bonds, Series 2012-P, AMT, 5.00% 2025 | 2,000 | 2,386 |
Port of Oakland, Rev. Ref. Bonds, Series 2012-P, AMT, 5.00% 2026 | 2,000 | 2,382 |
City of Palm Desert, Section 29 Assessment Dist. (No. 2004-02), Limited Obligation Improvement Bonds, Series 2007, 5.05% 2027 | 1,820 | 1,860 |
Palomar Pomerado Health, G.O. Bonds, Election of 2004, Series 2009-A, Assured Guaranty insured, 0% 2029 | 9,320 | 6,307 |
Palomar Pomerado Health, G.O. Bonds, Election of 2004, Series 2009-A, Assured Guaranty insured, 0% 2030 | 9,000 | 5,880 |
Palomar Pomerado Health, G.O. Bonds, Election of 2004, Series 2009-A, Assured Guaranty insured, 0% 2031 | 2,500 | 1,584 |
Perris Union High School Dist., Fncg. Auth., Rev. Bonds, Series 2015, 5.00% 2032 | 2,675 | 3,119 |
Perris Union High School Dist., Fncg. Auth., Rev. Bonds, Series 2015, 5.00% 2035 | 3,175 | 3,662 |
Perris Union High School Dist., Fncg. Auth., Rev. Bonds, Series 2015, 5.00% 2041 | 2,725 | 3,113 |
Pollution Control Fncg. Auth., Water Furnishing Rev. Bonds (Poseidon Resources (Channelside) LP Desalination Project), Series 2012 Plant Bonds, AMT, 5.00% 20453 | 9,000 | 10,157 |
Pomona Unified School Dist. (Los Angeles County), G.O. Bonds, 2008 Election, Series 2016-G, Assured Guaranty Municipal insured, 0% 2032 | 1,925 | 1,183 |
Pomona Unified School Dist. (Los Angeles County), G.O. Bonds, 2008 Election, Series 2016-G, Assured Guaranty Municipal insured, 0% 2034 | 1,000 | 565 |
Pomona Unified School Dist. (Los Angeles County), G.O. Bonds, 2008 Election, Series 2016-G, Assured Guaranty Municipal insured, 0% 2035 | 3,500 | 1,894 |
Poway Unified School Dist., Public Fncg. Auth., Special Tax Rev. Bonds, Series 2013, 5.00% 2030 | 620 | 739 |
Poway Unified School Dist., Public Fncg. Auth., Special Tax Rev. Bonds, Series 2013, 5.00% 2032 | 805 | 952 |
Poway Unified School Dist., Public Fncg. Auth., Special Tax Rev. Ref. Bonds, Series 2011, 5.25% 2029 | 2,290 | 2,395 |
Poway Unified School Dist., Public Fncg. Auth., Special Tax Rev. Ref. Bonds, Series 2015-A, 5.00% 2030 | 1,350 | 1,639 |
American High-Income Municipal Bond Fund — Page 5 of 52
Bonds, notes & other debt instruments California (continued) |
Principal amount (000) |
Value (000) |
Poway Unified School Dist., Public Fncg. Auth., Special Tax Rev. Ref. Bonds, Series 2015-A, 5.00% 2031 | $1,200 | $1,438 |
Poway Unified School Dist., Public Fncg. Auth., Special Tax Rev. Ref. Bonds, Series 2015-A, 5.00% 2036 | 1,500 | 1,764 |
Public Works Board, Lease Rev. Bonds (Regents of the University of California), Series 2008-A, 5.00% 2033 (preref. 2018) |
50 | 54 |
Public Works Board, Lease Rev. Bonds (Trustees of the California State University, J. Paul Leonard & Sutro Library), Series 2009-J, 6.00% 2034 (preref. 2019) | 1,500 | 1,758 |
Public Works Board, Lease Rev. Bonds (Trustees of the California State University, Various California State University Projects), Series 2011-B, 5.00% 2031 (preref. 2021) | 5 | 6 |
Public Works Board, Lease Rev. Bonds (Various Capital Projects), Series 2009-I-1, 6.125% 2029 | 6,000 | 7,040 |
City of Rancho Cordova, Sunridge Anatolia Community Facs. Dist. No. 2003-1, Special Tax Bonds, Series 2016, 4.00% 2037 |
500 | 548 |
Rio Elementary School Dist., Community Facs. Dist. #1, Special Tax Bonds, Series 2013, 5.50% 2039 | 3,120 | 3,579 |
Rio Elementary School Dist., Community Facs. Dist. #1, Special Tax Bonds, Series 2014, 5.00% 2035 | 425 | 490 |
City of Roseville, Westpark Community Facs. Dist. No. 1, Special Tax Rev. Ref. Bonds, 5.00% 2026 | 500 | 608 |
City of Roseville, Westpark Community Facs. Dist. No. 1, Special Tax Rev. Ref. Bonds, 5.00% 2027 | 230 | 277 |
City of Roseville, Westpark Community Facs. Dist. No. 1, Special Tax Rev. Ref. Bonds, 5.00% 2029 | 1,000 | 1,190 |
City of Roseville, Westpark Community Facs. Dist. No. 1, Special Tax Rev. Ref. Bonds, 5.00% 2030 | 455 | 540 |
City of Roseville, Westpark Community Facs. Dist. No. 1, Special Tax Rev. Ref. Bonds, 5.00% 2031 | 595 | 703 |
City of Roseville, Westpark Community Facs. Dist. No. 1, Special Tax Rev. Ref. Bonds, 5.00% 2033 | 500 | 585 |
Sacramento County, Water Fncg. Auth., Rev. Ref. Bonds (Sacramento County, Water Agcy. Zones 40 and 41 2007 Water System Project), Series 2007-B, FGIC-National insured, 1.001% 20342 | 5,000 | 4,662 |
County of San Bernardino, Certs. of Part. (Arrowhead Ref. Project), Series 2009-A, 5.125% 2024 | 3,000 | 3,363 |
City of San Buenaventura, Rev. Bonds (Community Memorial Health System), Series 2011, 7.50% 2041 |
13,040 | 16,290 |
San Diego City, Community Facs. Dist. No. 4, Special Tax Bonds (Black Mountain Ranch Villages), 5.00% 2027 | 360 | 448 |
San Diego City, Community Facs. Dist. No. 4, Special Tax Bonds (Black Mountain Ranch Villages), 5.00% 2028 | 800 | 990 |
San Diego City, Community Facs. Dist. No. 4, Special Tax Bonds (Black Mountain Ranch Villages), 5.00% 2029 | 250 | 307 |
San Diego City, Community Facs. Dist. No. 4, Special Tax Bonds (Black Mountain Ranch Villages), 5.00% 2030 | 250 | 306 |
Airport Commission, City and County of San Francisco, San Francisco International Airport, Second Series Rev. Bonds, Series 2009-E, 5.25% 2032 | 3,500 | 3,927 |
Airport Commission, City and County of San Francisco, San Francisco International Airport, Second Series Rev. Ref. Bonds, Series 2009-A, 4.90% 2029 | 3,000 | 3,382 |
City and County of San Francisco, Redev. Fin. Auth., Tax Allocation Rev. Bonds (Mission Bay North Redev. Project), Series 2009-C, 6.50% 2039 | 1,450 | 1,703 |
City and County of San Francisco, Redev. Fin. Auth., Tax Allocation Rev. Bonds (Mission Bay North Redev. Project), Series 2011-C, 6.75% 2041 | 1,775 | 2,243 |
City and County of San Francisco, Redev. Fin. Auth., Tax Allocation Rev. Bonds (Mission Bay South Redev. Project), Series 2009-D, 6.625% 2039 | 2,500 | 2,946 |
City and County of San Francisco, Redev. Fin. Auth., Tax Allocation Rev. Bonds (Mission Bay South Redev. Project), Series 2011-D, 7.00% 2041 | 2,000 | 2,549 |
City and County of San Francisco, Redev. Fin. Auth., Tax Allocation Rev. Bonds (Mission Bay South Redev. Project), Series 2016-B, 5.00% 2034 | 700 | 867 |
City and County of San Francisco, Redev. Fin. Auth., Tax Allocation Rev. Bonds (Mission Bay South Redev. Project), Series 2016-C, 5.00% 2031 | 665 | 829 |
Redev. Agcy. of the City and County of San Francisco, Community Facs. Dist. No. 6, Special Tax Bonds (Mission Bay South Public Improvements), Series 2013-B, 3.00% 2020 | 400 | 430 |
Redev. Agcy. of the City and County of San Francisco, Community Facs. Dist. No. 6, Special Tax Ref. Bonds (Mission Bay South Public Improvements), Series 2013-A, 5.00% 2029 | 1,300 | 1,494 |
Redev. Agcy. of the City and County of San Francisco, Community Facs. Dist. No. 6, Special Tax Ref. Bonds (Mission Bay South Public Improvements), Series 2013-A, 5.00% 2031 | 1,140 | 1,302 |
Redev. Agcy. of the City and County of San Francisco, Community Facs. Dist. No. 6, Special Tax Ref. Bonds (Mission Bay South Public Improvements), Series 2013-A, 5.00% 2033 | 250 | 284 |
Successor Agcy. to the Redev. Agcy. of the City and County of San Francisco, Community Facs. Dist. No. 7 (Hunters Point Shipyard Phase One Improvements), Special Tax Ref. Bonds, Series 2014, 5.00% 2044 | 1,000 | 1,117 |
San Joaquin Hills Transportation Corridor Agcy., Toll Road Rev. Ref. Bonds, Series 2014-A, 5.00% 2034 | 2,200 | 2,588 |
American High-Income Municipal Bond Fund — Page 6 of 52
Bonds, notes & other debt instruments California (continued) |
Principal amount (000) |
Value (000) |
City of San Jose, Airport Rev. Ref. Bonds, Series 2011-A-1, AMT, 5.75% 2034 | $4,000 | $4,740 |
City of San Jose, Airport Rev. Ref. Bonds, Series 2011-A-1, AMT, 6.25% 2034 | 1,750 | 2,112 |
Redev. Agcy. of the City of San Jose, Housing Set-Aside Tax Allocation Bonds (Merged Area Redev. Project), Series 2010-A-1, 5.00% 2022 | 1,600 | 1,826 |
Redev. Agcy. of the City of San Jose, Housing Set-Aside Tax Allocation Bonds (Merged Area Redev. Project), Series 2010-A-1, 5.50% 2035 | 1,000 | 1,141 |
San Mateo County, Community College Dist. (County, of San Mateo), Election of 2005 G.O. Bonds (Capital Appreciation Bonds), Series 2006-B, National insured, 0% 2035 | 5,000 | 2,992 |
Community Redev. Agcy. of the City of Santa Ana, Tax Allocation Bonds, Series 2011-A, 6.25% 2024 | 1,500 | 1,818 |
Community Redev. Agcy. of the City of Santa Ana, Tax Allocation Bonds, Series 2011-A, 6.75% 2028 | 810 | 989 |
Santa Ana Unified School Dist., G.O. Bonds (Orange County), 2008 Election, Series 2009-B, Assured Guaranty insured, 0% 2034 | 10,000 | 5,949 |
Redev. Agcy. of the City of Santa Clara, 2011 Tax Allocation Bonds (Bayshore North Project), 0% 2024 | 6,070 | 4,272 |
Redev. Agcy. of the City of Santa Clara, 2011 Tax Allocation Bonds (Bayshore North Project), 0% 2025 | 6,000 | 3,883 |
Santa Clara County, Mountain View Shoreline Regional Park Community, Rev. Bonds, Series 2011-A, 5.75% 2040 |
3,000 | 3,606 |
Community Facs. Dist. No. 2 (Santaluz), Improvement Area No. 1, Special Tax Ref. Bonds, Series 2011-A, 5.10% 2030 | 925 | 1,059 |
Saugus/Hart School Facs. Fin. Auth., Special Tax Rev. Bonds (Community Facs. Dist. No. 2006-1 of the Saugus Union School Dist.), 5.00% 2026 | 1,090 | 1,368 |
Saugus/Hart School Facs. Fin. Auth., Special Tax Rev. Bonds (Community Facs. Dist. No. 2006-1 of the Saugus Union School Dist.), 5.00% 2032 | 1,510 | 1,829 |
Saugus/Hart School Facs. Fin. Auth., Special Tax Rev. Bonds (Community Facs. Dist. No. 2006-1 of the Saugus Union School Dist.), 5.00% 2035 | 1,725 | 2,064 |
Saugus/Hart School Facs. Fin. Auth., Special Tax Rev. Bonds (Community Facs. Dist. No. 2006-1 of the Saugus Union School Dist.), 5.00% 2036 | 1,780 | 2,125 |
School Fin. Auth., Charter School Rev. Bonds (Classical Academies Project), Series 2013-A-1, 7.375% 2043 | 6,000 | 7,346 |
School Fin. Auth., Charter School Rev. Bonds (Downtown College Prep Obligated Group), Series 2016, 4.00% 20263 |
1,260 | 1,309 |
School Fin. Auth., Charter School Rev. Bonds (Downtown College Prep Obligated Group), Series 2016, 4.50% 20313 |
500 | 521 |
School Fin. Auth., Charter School Rev. Bonds (Downtown College Prep Obligated Group), Series 2016, 5.00% 20463 |
2,305 | 2,427 |
School Fin. Auth., Charter School Rev. Bonds (Rocketship Education - Obligated Group), Series 2016-A, 5.00% 20463 | 1,600 | 1,694 |
School Fin. Auth., Educational Fac. Rev. Bonds (River Springs Charter School Project), Series 2015-A, 6.375% 20463 |
1,250 | 1,356 |
School Fin. Auth., Educational Fac. Rev. Bonds (River Springs Charter School Project), Series 2015-A, 6.375% 20463 |
7,100 | 7,701 |
City of Seal Beach, Community Facs. Dist., No. 2005-01, Special Tax Rev. Ref. Bonds (Pacific Gateway Business Center), 3.00% 2027 | 100 | 103 |
City of Seal Beach, Community Facs. Dist., No. 2005-01, Special Tax Rev. Ref. Bonds (Pacific Gateway Business Center), 3.00% 2028 | 120 | 123 |
City of Seal Beach, Community Facs. Dist., No. 2005-01, Special Tax Rev. Ref. Bonds (Pacific Gateway Business Center), 3.125% 2030 | 175 | 178 |
City of Seal Beach, Community Facs. Dist., No. 2005-01, Special Tax Rev. Ref. Bonds (Pacific Gateway Business Center), 3.125% 2031 | 460 | 466 |
Southern California Logistics Airport Auth., Tax Allocation Parity Bonds (Southern California Logistics Airport Project), Series 2005-A, RADIAN insured, 4.50% 2030 | 120 | 120 |
Southern California Public Power Auth., Gas Project Rev. Bonds (Project No. 1), Series 2007-A, 5.00% 2028 | 2,500 | 3,159 |
State Public Works Board, Lease Rev. Bonds (Trustees of the California State University), Series 2013-H, 5.00% 2024 (preref. 2023) |
20 | 25 |
State Public Works Board, Lease Rev. Bonds (Trustees of the California State University), Series 2013-H, 5.00% 2029 (preref. 2023) |
5 | 6 |
Statewide Communities Dev. Auth., Certs. of Part. (Internext Group), 5.375% 2017 | 30 | 30 |
American High-Income Municipal Bond Fund — Page 7 of 52
Bonds, notes & other debt instruments California (continued) |
Principal amount (000) |
Value (000) |
Statewide Communities Dev. Auth., Insured Senior Living Health Fac. Rev. Bonds (Los Angeles Jewish Home for the Aging - Fountainview at Gonda), Series 2014-B, 3.00% 2021 | $700 | $704 |
Statewide Communities Dev. Auth., Insured Senior Living Health Fac. Rev. Bonds (Los Angeles Jewish Home for the Aging - Fountainview at Gonda), Series 2014-D, 4.75% 2020 | 1,350 | 1,355 |
Statewide Communities Dev. Auth., Rev. Bonds (California Baptist University), Series 2014-A, 6.125% 2033 | 1,000 | 1,158 |
Statewide Communities Dev. Auth., Rev. Bonds (California Baptist University), Series 2014-A, 6.375% 2043 | 2,700 | 3,151 |
Statewide Communities Dev. Auth., Rev. Bonds (California Baptist University), Series 2014-B, 3.50% 2018 | 800 | 815 |
Statewide Communities Dev. Auth., Rev. Bonds (Daughters of Charity Health System), Series 2005-A, 5.75% 2030 |
3,265 | 3,265 |
Statewide Communities Dev. Auth., Rev. Bonds (Front Porch Communities and Services Project), Series 2007-A, 5.125% 20373 |
5,500 | 5,604 |
Statewide Communities Dev. Auth., Rev. Bonds (Inland Regional Center Project), Series 2007, 5.25% 2027 (preref. 2017) |
3,000 | 3,190 |
Statewide Communities Dev. Auth., Rev. Bonds (Inland Regional Center Project), Series 2007, 5.375% 2037 (preref. 2017) |
1,000 | 1,066 |
Statewide Communities Dev. Auth., Rev. Bonds (Lancer Plaza Project), Series 2013, 5.125% 2023 | 1,560 | 1,689 |
Statewide Communities Dev. Auth., Rev. Bonds (Loma Linda University Medical Center), Series 2014-A, 5.25% 2044 |
5,000 | 5,773 |
Statewide Communities Dev. Auth., Rev. Bonds (Loma Linda University Medical Center), Series 2016-A, 5.00% 20463 |
1,000 | 1,150 |
Statewide Communities Dev. Auth., Rev. Bonds (Sutter Health), Series 2011-A, 6.00% 2042 | 1,500 | 1,804 |
Statewide Communities Dev. Auth., Rev. Bonds (Terraces at San Joaquin Gardens Project), Series 2012-A, 5.625% 2032 |
1,000 | 1,102 |
Statewide Communities Dev. Auth., Rev. Bonds (Terraces at San Joaquin Gardens Project), Series 2012-A, 6.00% 2042 |
1,000 | 1,112 |
Statewide Communities Dev. Auth., Rev. Ref. Bonds (American Baptist Homes of the West), Series 2010, 6.00% 2029 |
2,000 | 2,279 |
Statewide Communities Dev. Auth., Rev. Ref. Bonds (American Baptist Homes of the West), Series 2010, 6.25% 2039 |
2,500 | 2,878 |
Statewide Communities Dev. Auth., Rev. Ref. Bonds (Catholic Healthcare West), Series 2008-B, 5.50% 2030 |
960 | 1,003 |
Statewide Communities Dev. Auth., Rev. Ref. Bonds (Catholic Healthcare West), Series 2008-D, 5.50% 2031 |
1,675 | 1,750 |
Statewide Communities Dev. Auth., Senior Living Rev. Ref. Bonds (Southern California Presbyterian Homes), Series 2006-A, 4.875% 2036 (preref. 2016)3 | 2,495 | 2,528 |
Statewide Communities Dev. Auth., Senior Living Rev. Ref. Bonds (Southern California Presbyterian Homes), Series 2009, 7.00% 20293 | 1,500 | 1,753 |
Statewide Communities Dev. Auth., Senior Living Rev. Ref. Bonds (Southern California Presbyterian Homes), Series 2009, 7.25% 20413 | 4,500 | 5,264 |
Statewide Communities Dev. Auth., Student Housing Rev. Bonds (CHF-Irvine, LLC-UCI East Campus Apartments, Phase II), Series 2008, 6.00% 2040 (preref. 2018) | 2,250 | 2,470 |
Statewide Communities Dev. Auth., Student Housing Rev. Ref. Bonds (CHF-Irvine, LLC - UCI East Campus Apartments, Phase I), Series 2011, 5.125% 2031 | 2,000 | 2,324 |
Statewide Communities Dev. Auth., Student Housing Rev. Ref. Bonds (CHF-Irvine, LLC - UCI East Campus Apartments, Phase I), Series 2011, 5.375% 2038 | 1,000 | 1,164 |
Statewide Communities Dev. Auth., Student Housing Rev. Ref. Bonds (University of California, Irvine East Campus Apartments, CHF-Irvine, L.L.C.), Series 2016, 5.00% 2040 | 1,150 | 1,394 |
Stockton Public Fncg. Auth., Rev. Bonds (Redev. Projects), Series 2006-A, RADIAN insured, 5.00% 2020 | 2,640 | 2,649 |
Stockton Public Fncg. Auth., Rev. Bonds (Redev. Projects), Series 2006-A, RADIAN insured, 5.25% 2031 | 360 | 361 |
Stockton Public Fncg. Auth., Rev. Bonds (Redev. Projects), Series 2006-A, RADIAN insured, 5.25% 2034 | 555 | 556 |
Stockton Public Fncg. Auth., Rev. Bonds (Redev. Projects), Series 2006-A, RADIAN insured, 5.25% 2037 | 120 | 120 |
City of Thousand Oaks Community Facs. Dist. No. 1994-1, Special Tax Ref. Bonds (Marketplace Public Pedestrian, Traffic Circulation and Parking Facs.), Series 2012, 5.00% 2022 | 1,235 | 1,353 |
Tobacco Securitization Auth. of Southern California, Tobacco Settlement Asset-backed Rev. Ref. Bonds (San Diego County Tobacco Asset Securitization Corp.), Series 2006-A, 5.00% 2037 |
2,000 | 2,000 |
American High-Income Municipal Bond Fund — Page 8 of 52
Bonds, notes & other debt instruments California (continued) |
Principal amount (000) |
Value (000) |
Tobacco Securitization Auth. of Southern California, Tobacco Settlement Asset-backed Rev. Ref. Bonds (San Diego County Tobacco Asset Securitization Corp.), Series 2006-A, 5.125% 2046 |
$1,185 | $1,185 |
Tuolumne Wind Project Auth., Rev. Bonds (Tuolumne Co. Project), Series 2009-A, 5.625% 2029 | 1,000 | 1,115 |
Walnut Valley Unified School Dist., Capital Appreciation Bonds, 2007 Election, Series 2011-B, BAM insured, 0% 2036 | 5,655 | 3,024 |
Washington Township Health Care Dist., Rev. Ref. Bonds, Series 2007-A, 5.00% 2037 | 140 | 142 |
West Hollywood Community Dev. Commission, Tax Allocation Bonds (East Side Redev. Project), Series 2011-A, 7.50% 2042 |
1,950 | 2,513 |
504,506 | ||
Colorado 3.58% | ||
City and County of Broomfield, Improvement Rev. Ref. Bonds (Lambertson Farms Metropolitan Distric No. 1), 5.75% 2046 | 4,450 | 4,614 |
City and County of Broomfield, Improvement Rev. Ref. Bonds (Lambertson Farms Metropolitan Distric No. 1), 6.00% 2050 | 3,700 | 3,835 |
Promenade at Castle Rock Metropolitan Dist. No. 1, G. O. Bonds (In the Town of Castle Rock), Series 2015-A, 5.125% 2025 | 1,000 | 1,061 |
Promenade at Castle Rock Metropolitan Dist. No. 1, G. O. Bonds (In the Town of Castle Rock), Series 2015-A, 5.75% 2039 | 10,300 | 10,943 |
Central Platte Valley Metropolitan Dist., City and County of Denver, G.O. Ref. Bonds, 5.00% 2043 | 1,250 | 1,350 |
Central Platte Valley Metropolitan Dist., City and County of Denver, G.O. Ref. Bonds, Series 2013-A, 5.625% 2038 |
1,315 | 1,564 |
Central Platte Valley Metropolitan Dist., City and County of Denver, G.O. Ref. Bonds, Series 2013-A, 6.00% 2038 |
1,250 | 1,524 |
Compark Business Campus Metropolitan Dist., Douglas County, G.O. Ref. and Improvement Bonds, Series 2007-A, RADIAN insured, 5.60% 2034 |
5,610 | 5,743 |
Copperleaf Metropolitan Dist. No. 2 (Arapahoe County), Limited Tax G.O. Bonds, 5.25% 2030 | 500 | 536 |
Copperleaf Metropolitan Dist. No. 2 (Arapahoe County), Limited Tax G.O. Bonds, 5.75% 2045 | 1,450 | 1,557 |
Cross Creek Metropolitan Dist. No. 2 (City of Aurora), Limited Tax G.O. Ref. Bonds, Series 2006, 5.00% 20372 | 2,000 | 1,840 |
City and County of Denver, Airport System Rev. Ref. Bonds, Series 2012-A, AMT, 5.00% 2024 | 1,000 | 1,189 |
City and County of Denver, Dept. of Aviation, Special Facs. Airport Rev. Ref. Bonds (United Air Lines Project), Series 2007-A, AMT, 5.25% 2032 | 16,000 | 16,615 |
City and County of Denver, Dept. of Aviation, Special Facs. Airport Rev. Ref. Bonds (United Air Lines Project), Series 2007-A, AMT, 5.75% 2032 | 2,905 | 3,036 |
Denver Health and Hospital Auth., Healthcare Rev. Bonds, Series 2014-A, 5.00% 2039 | 500 | 570 |
Denver Health and Hospital Auth., Healthcare Rev. Ref. Bonds, Series 2007-B, 1.551% 20332 | 4,740 | 4,425 |
Denver Urban Renewal Auth., Stapleton Tax Increment Rev. Bonds, Series 2013-A-1, 5.00% 2024 | 2,000 | 2,404 |
E-470 Public Highway Auth., Rev. Bonds (Capital Appreciation Bonds), Series 2000-B, National insured, 0% 2031 |
1,000 | 650 |
E-470 Public Highway Auth., Rev. Bonds (Capital Appreciation Bonds), Series 2006-A, National insured, 5.00% 2016 |
1,000 | 1,004 |
E-470 Public Highway Auth., Rev. Bonds, Series 2010, 0% 2040 | 2,375 | 1,115 |
E-470 Public Highway Auth., Rev. Ref. Bonds (Capital Appreciation Bonds), Series 2006-B, National insured, 0% 2037 | 5,065 | 2,071 |
Educational and Cultural Facs. Auth., Student Housing Rev. Ref. Bonds (Campus Village Apartments Project), Series 2008, 5.375% 2028 | 1,000 | 1,080 |
Educational and Cultural Facs. Auth., Student Housing Rev. Ref. Bonds (Campus Village Apartments Project), Series 2008, 5.50% 2038 | 1,000 | 1,078 |
Health Facs. Auth., Health Care Facs. Rev. Bonds (American Baptist Homes of the Midwest Obligated Group), Series 2007-A, 5.90% 2037 | 1,570 | 1,586 |
Health Facs. Auth., Health Care Facs. Rev. Bonds (American Baptist Homes of the Midwest Obligated Group), Series 2013, 8.00% 2043 | 11,100 | 13,473 |
Health Facs. Auth., Health Facs. Rev. Ref. Bonds (Evangelical Lutheran Good Samaritan Society Project), Series 2012, 5.00% 2025 |
500 | 575 |
American High-Income Municipal Bond Fund — Page 9 of 52
Bonds, notes & other debt instruments Colorado (continued) |
Principal amount (000) |
Value (000) |
Health Facs. Auth., Health Facs. Rev. Ref. Bonds (Evangelical Lutheran Good Samaritan Society Project), Series 2012, 5.00% 2042 |
$8,000 | $8,908 |
Health Facs. Auth., Health Facs. Rev. Ref. Bonds (Evangelical Lutheran Good Samaritan Society Project), Series 2013, 5.625% 2043 |
2,000 | 2,402 |
Health Facs. Auth., Health Facs. Rev. Ref. Bonds (Evangelical Lutheran Good Samaritan Society Project), Series 2015-A, 5.00% 2030 |
2,000 | 2,340 |
Health Facs. Auth., Health Facs. Rev. Ref. Bonds (Evangelical Lutheran Good Samaritan Society Project), Series 2015-A, 5.00% 2033 |
100 | 115 |
Health Facs. Auth., Health Facs. Rev. Ref. Bonds (Evangelical Lutheran Good Samaritan Society Project), Series 2015-A, 5.00% 2036 |
2,360 | 2,701 |
Health Facs. Auth., Health Facs. Rev. Ref. Bonds (Evangelical Lutheran Good Samaritan Society Project), Series 2015-A, 5.00% 2045 |
750 | 860 |
Health Facs. Auth., Hospital Rev. Bonds (Adventist Health System/Sunbelt Obligated Group), Series 2016-A, 5.00% 2041 | 1,000 | 1,217 |
Health Facs. Auth., Hospital Rev. Bonds (Adventist Health System/Sunbelt Obligated Group), Series 2016-C, 5.00% 2036 (put 2026) | 1,000 | 1,286 |
Health Facs. Auth., Rev. Bonds (Senior Residences Project), Series 2012, 7.00% 20424 | 2,500 | 2,009 |
Health Facs. Auth., Rev. Bonds (Senior Residences Project), Series 2012, 7.125% 20474 | 5,500 | 4,421 |
Health Facs. Auth., Rev. Bonds (Total Longterm Care National Obligated Group Project), Series 2011, 6.00% 2040 (preref. 2021) |
1,250 | 1,566 |
Health Facs. Auth., Rev. Ref. Bonds (Covenant Retirement Communities, Inc.), Series 2012-A, 5.00% 2033 | 2,000 | 2,252 |
Health Facs. Auth., Rev. Ref. Bonds (Covenant Retirement Communities, Inc.), Series 2013-A, 5.50% 2028 | 525 | 626 |
Health Facs. Auth., Rev. Ref. Bonds (Covenant Retirement Communities, Inc.), Series 2013-A, 5.75% 2036 | 1,000 | 1,189 |
Health Facs. Auth., Rev. Ref. Bonds (Covenant Retirement Communities, Inc.), Series 2015-A, 5.00% 2029 | 1,500 | 1,772 |
Health Facs. Auth., Rev. Ref. Bonds (Covenant Retirement Communities, Inc.), Series 2015-A, 5.00% 2035 | 2,500 | 2,889 |
Health Facs. Auth., Rev. Ref. Bonds (Sunny Vista Living), Series 2015-A, 6.125% 20453 | 1,000 | 1,062 |
Health Facs. Auth., Rev. Ref. Bonds (Sunny Vista Living), Series 2015-A, 6.25% 20503 | 1,870 | 1,982 |
Health Facs. Auth., Rev. Ref. Bonds (Total Longterm Care National Obligated Group Project), Series 2010-A, 6.00% 2030 (preref. 2020) | 350 | 424 |
Health Facs. Auth., Rev. Ref. Bonds (Total Longterm Care National Obligated Group Project), Series 2010-A, 6.25% 2040 (preref. 2020) | 975 | 1,191 |
City of Lakewood, Plaza Metropolitan Dist. No. 1, Rev. Ref. Bonds, Series 2013, 5.00% 20203 | 1,500 | 1,657 |
Leyden Rock Metropolitan Dist. No. 10 (in the City of Arvada), Limited Tax (Convertible to Unlimited Tax) G.O. Rev. Ref. and Improvement Bonds, Series 2016-A, 4.00% 2025 | 500 | 507 |
Leyden Rock Metropolitan Dist. No. 10 (in the City of Arvada), Limited Tax (Convertible to Unlimited Tax) G.O. Rev. Ref. and Improvement Bonds, Series 2016-A, 4.375% 2033 | 750 | 754 |
Leyden Rock Metropolitan Dist. No. 10 (in the City of Arvada), Limited Tax (Convertible to Unlimited Tax) G.O. Rev. Ref. and Improvement Bonds, Series 2016-A, 5.00% 2045 | 1,000 | 1,030 |
Leyden Rock Metropolitan Dist. No. 10 (in the City of Arvada), Limited Tax (Convertible to Unlimited Tax) G.O. Rev. Ref. and Improvement Bonds, Series 2016-B, 7.25% 2045 | 500 | 499 |
Mountain Shadows Metropolitan Dist., Limited Tax G.O. Rev. Ref. and Improvement Bonds, 5.00% 2035 | 1,000 | 1,057 |
Mountain Shadows Metropolitan Dist., Limited Tax G.O. Rev. Ref. and Improvement Bonds, 5.00% 2046 | 750 | 780 |
North Range Metropolitan Dist. No. 1 (Adams County), Limited Tax G.O. Ref. Bonds, Series 2007, ACA insured, 5.00% 2021 (preref. 2016) | 1,500 | 1,525 |
Park Creek Metropolitan Dist., Limited Property Tax Supported Rev. Ref. Bonds, Series 2015-A, 5.00% 2026 | 1,200 | 1,479 |
Park Creek Metropolitan Dist., Limited Property Tax Supported Rev. Ref. Bonds, Series 2015-A, 5.00% 2027 | 3,500 | 4,288 |
Park Creek Metropolitan Dist., Limited Property Tax Supported Rev. Ref. Bonds, Series 2015-A, 5.00% 2045 | 1,250 | 1,463 |
Prairie Center Metropolitan Dist. No. 3 (City of Brighton, Adams County), Limited Property Tax Supported Primary Improvements Rev. Bonds, Series 2006-A, 5.40% 2031 | 4,200 | 4,237 |
Public Auth. for Colorado Energy, Natural Gas Purchase Rev. Bonds, Series 2008, 6.25% 2028 | 2,000 | 2,686 |
Regional Transportation Dist., Private Activity Bonds (Denver Transit Partners Eagle P3 Project), Series 2010, 6.00% 2034 | 1,700 | 1,976 |
Regional Transportation Dist., Private Activity Bonds (Denver Transit Partners Eagle P3 Project), Series 2010, 6.00% 2041 | 14,800 | 17,175 |
American High-Income Municipal Bond Fund — Page 10 of 52
Bonds, notes & other debt instruments Colorado (continued) |
Principal amount (000) |
Value (000) |
Southlands Metropolitan Dist. No. 1 (City of Aurora), G.O. Ref. and Improvement Bonds, Series 2007, RADIAN insured, 5.25% 2034 |
$430 | $449 |
Tallgrass Metropolitan Dist., Arapahoe County, G.O. (Limited Tax Convertible to Unlimited Tax) Ref. and Improvement Bonds, Series 2007, 5.25% 2037 | 3,250 | 3,302 |
Tallyn’s Reach Metropolitan Dist. No. 3 (City of Aurora), Limited Tax G.O. Bonds (Convertible to Unlimited Tax), Series 2007, 5.20% 2036 | 3,225 | 3,237 |
Tallyn’s Reach Metropolitan Dist. No. 3 in the City of Aurora, Limited Tax G.O. Ref. and Improvement Bonds, Series 2013, 5.00% 2033 | 505 | 551 |
Tallyn’s Reach Metropolitan Dist. No. 3 in the City of Aurora, Limited Tax G.O. Ref. and Improvement Bonds, Series 2013, 5.125% 2038 | 2,070 | 2,261 |
Traditions Metropolitan Dist. No. 2 (City of Aurora), G.O. (Limited Tax Convertible to Unlimited Tax) Bonds, Series 2006, 5.75% 2036 | 1,148 | 1,150 |
Vista Ridge Metropolitan Dist. (Weld County), Limited Tax G.O. Improvement and Ref. Bonds, Series 2006-A, RADIAN insured, 5.00% 2029 | 25 | 25 |
Vista Ridge Metropolitan Dist. (Weld County), Limited Tax G.O. Improvement and Ref. Bonds, Series 2006-A, RADIAN insured, 5.00% 2036 | 1,980 | 1,989 |
Vista Ridge Metropolitan Dist. (Weld County), Limited Tax G.O. Rev. Ref. Bonds, Series 2006-B, 0% 2040 | 2,220 | 1,636 |
182,363 | ||
Connecticut 0.89% | ||
Town of Hamden, Rev. Bonds (Whitney Center Project), Series 2009-A, 7.625% 2030 | 1,155 | 1,232 |
Town of Hamden, Rev. Bonds (Whitney Center Project), Series 2009-A, 7.75% 2043 | 6,600 | 6,986 |
Health and Educational Facs. Auth., Rev Bonds, Healthcare Fac. Expansion Issue (Church Home of Hartford Incorporated Project), Series 2016-A, 5.00% 20463 | 1,000 | 1,112 |
Health and Educational Facs. Auth., Rev Bonds, Healthcare Fac. Expansion Issue (Church Home of Hartford Incorporated Project), Series 2016-A, 5.00% 20533 | 2,275 | 2,504 |
Health and Educational Facs. Auth., Rev Bonds, Healthcare Fac. Expansion Issue (Church Home of Hartford Incorporated Project), Series 2016-B-2, 2.875% 20203 | 700 | 705 |
Health and Educational Facs. Auth., Rev. Bonds (Hartford Healthcare Issue), Series 2011-A, 5.00% 2032 | 250 | 282 |
Housing Fin. Auth., Housing Mortgage Fin. Program Bonds, Series 2016-B-2, AMT, 3.50% 2039 | 1,330 | 1,434 |
Mohegan Tribe of Indians, Gaming Auth. Priority Distribution Payment, Public Improvement Bonds, Series 2003, 5.125% 2023 |
2,500 | 2,502 |
Mohegan Tribe of Indians, Gaming Auth. Priority Distribution Payment, Public Improvement Bonds, Series 2016-A, 5.50% 20263 |
7,500 | 7,500 |
Mohegan Tribe of Indians, Gaming Auth. Priority Distribution Payment, Public Improvement Rev. Ref. Bonds, 7.00% 20453 | 8,000 | 8,124 |
Mohegan Tribe of Indians, Gaming Auth. Priority Distribution Payment, Public Improvement Rev. Ref. Bonds, Series 2015-A, 6.75% 20453 | 7,940 | 8,241 |
Mohegan Tribe of Indians, Gaming Auth. Priority Distribution Payment, Public Improvement Rev. Ref. Bonds, Series 2015-C, 6.25% 20303 | 4,500 | 4,665 |
45,287 | ||
Delaware 0.01% | ||
Housing Auth., Single Family Mortgage Rev. Ref. Bonds, Series 2009-A-1, 5.45% 2040 | 260 | 270 |
District of Columbia 0.69% | ||
Dist. of Columbia, Rev. Ref. Bonds (Catholic University of America Issue), Series 2007, National insured, 5.00% 2029 |
190 | 195 |
Dist. of Columbia, Rev. Ref. Bonds (Catholic University of America Issue), Series 2007, National insured, 5.00% 2029 (preref. 2017) |
810 | 834 |
Dulles Toll Road, Rev. Bonds (Dulles Metrorail and Capital Improvement Projects), Convertible Capital Appreciation Bonds, Series 2010-B, 0%/6.50% 20441 | 5,000 | 6,043 |
Dist. of Columbia, Rev. Bonds (Friendship Public Charter School, Inc. Issue), Series 2016-A, 5.00% 2036 | 1,895 | 2,190 |
Dist. of Columbia, Rev. Bonds (Friendship Public Charter School, Inc. Issue), Series 2016-A, 5.00% 2041 | 1,545 | 1,764 |
American High-Income Municipal Bond Fund — Page 11 of 52
Bonds, notes & other debt instruments District of Columbia (continued) |
Principal amount (000) |
Value (000) |
Dist. of Columbia, Rev. Bonds (Friendship Public Charter School, Inc. Issue), Series 2016-A, 5.00% 2046 | $2,785 | $3,165 |
Dist. of Columbia, Tax Increment Rev. Bonds (City Market at O Street Project), Series 2011, 5.125% 2041 | 1,175 | 1,351 |
Tobacco Settlement Fncg. Corp., Tobacco Settlement Asset-Backed Bonds, Series 2006-A, 0% 2046 | 145,000 | 19,540 |
35,082 | ||
Florida 6.06% | ||
Alachua County, Health Facs. Auth., Continuing Care Retirement Community Rev. Ref. Bonds (Oak Hammock at the University of Florida, Inc. Project), Series 2012-A, 8.00% 2032 | 500 | 633 |
Alachua County, Health Facs. Auth., Continuing Care Retirement Community Rev. Ref. Bonds (Oak Hammock at the University of Florida, Inc. Project), Series 2012-A, 8.00% 2042 | 2,000 | 2,524 |
Alachua County, Health Facs. Auth., Continuing Care Retirement Community Rev. Ref. Bonds (Oak Hammock at the University of Florida, Inc. Project), Series 2012-A, 8.00% 2046 | 1,500 | 1,890 |
Alachua County, Health Facs. Auth., Health Facs. Rev. Bonds (Shands HealthCare Project), Series 2007-A, 1.321% 20372 | 415 | 375 |
Alachua County, Health Facs. Auth., Health Facs. Rev. Ref. Bonds (Shands HealthCare Project), Series 2008-D-2, 6.75% 2030 |
900 | 1,028 |
Alachua County, Health Facs. Auth., Health Facs. Rev. Ref. Bonds (Shands HealthCare Project), Series 2014-A, 5.00% 2044 |
3,700 | 4,324 |
City of Atlantic Beach, Health Care Facs. Rev. and Rev. Ref. Bonds (Fleet Landing Project), Series 2013-A, 5.00% 2022 | 100 | 117 |
City of Atlantic Beach, Health Care Facs. Rev. Bonds (Fleet Landing Project), Series 2013-B, 5.625% 2043 | 1,000 | 1,171 |
Brevard County Educational Facs. Auth., Demand Rev. Bonds (Florida Institute of Technology Project), Series 2014, 5.00% 2032 |
2,470 | 2,957 |
Brevard County Educational Facs. Auth., Demand Rev. Bonds (Florida Institute of Technology Project), Series 2014, 5.00% 2039 |
750 | 883 |
Broward County, Airport System Rev. Ref. Bonds, Series 2012-P-1, AMT, 5.00% 2023 | 4,000 | 4,748 |
Broward County, Airport System Rev. Ref. Bonds, Series 2013-A, 5.25% 2043 | 2,000 | 2,336 |
Broward County, Airport System Rev. Ref. Bonds, Series 2015-A, AMT, 5.00% 2034 | 2,000 | 2,400 |
Broward County, Airport System Rev. Ref. Bonds, Series 2015-A, AMT, 5.00% 2035 | 2,000 | 2,389 |
City of Cape Coral, Health Facs. Auth., Senior Housing Rev. Bonds (Gulf Care, Inc. Project), 6.00% 20453 | 7,000 | 7,841 |
Championsgate Community Dev. Dist., Capital Improvement Rev. Bonds, Series 1998-A, 6.25% 2020 | 1,370 | 1,370 |
Community Redev. Agcy., Tax Increment Rev. Bonds (Southeast Overtown/Park West), Series 2014-A-1, 5.00% 20243 |
1,000 | 1,176 |
Community Redev. Agcy., Tax Increment Rev. Bonds (Southeast Overtown/Park West), Series 2014-A-1, 5.00% 20303 |
7,000 | 7,997 |
Dev. Fin. Corp., Healthcare Facs. Rev. Bonds (UF Health - Jacksonville Project), Series 2013-A, 5.50% 2028 | 1,435 | 1,639 |
Dev. Fin. Corp., Healthcare Facs. Rev. Bonds (UF Health - Jacksonville Project), Series 2013-A, 6.00% 2033 | 11,930 | 13,914 |
Escambia County, Health Facs. Auth., Health Care Facs. Rev. Bonds (Baptist Hospital, Inc. Project), Series 2010-A, 5.75% 2029 |
5,250 | 6,052 |
Gramercy Farms Community Dev. Dist. (St. Cloud), Special Assessment Bonds, Series 2007-B, 5.10% 2024 (put 2014)4 |
10,260 | — |
Gramercy Farms Community Dev. Dist. (St. Cloud), Special Assessment Ref. Bonds, Series 2011, 0% 2039 | 40,185 | 8,640 |
Greater Orlando Aviation Auth. (City of Orlando), Airport Facs. Rev. Ref. Bonds, Series 2016, AMT, 5.00% 2027 | 1,000 | 1,267 |
Halifax Hospital Medical Center, Hospital Rev. Ref. Bonds, Series 2016, 5.00% 2028 | 1,000 | 1,247 |
Halifax Hospital Medical Center, Hospital Rev. Ref. Bonds, Series 2016, 5.00% 2030 | 2,750 | 3,383 |
Harbor Bay Community Dev. Dist. (Hillsborough County), Capital Improvement Rev. Bonds, Series 2002, 6.75% 2034 | 3,440 | 3,455 |
Highlands County, Health Facs. Auth., Hospital Rev. Ref. Bonds (Adventist Health System/Sunbelt Obligated Group), Series 2006-G, 5.125% 2018 (preref. 2016) | 100 | 101 |
Highlands County, Health Facs. Auth., Hospital Rev. Ref. Bonds (Adventist Health System/Sunbelt Obligated Group), Series 2006-G, 5.125% 2023 | 930 | 943 |
Highlands County, Health Facs. Auth., Hospital Rev. Ref. Bonds (Adventist Health System/Sunbelt Obligated Group), Series 2006-G, 5.125% 2023 (preref. 2016) | 70 | 71 |
Hillsborough County, Aviation Auth., Tampa International Airport Rev. Ref. Bonds, Series 2015-B, AMT, 5.00% 2044 |
1,000 | 1,155 |
American High-Income Municipal Bond Fund — Page 12 of 52
Bonds, notes & other debt instruments Florida (continued) |
Principal amount (000) |
Value (000) |
Jacksonville Econ. Dev. Commission, Health Care Facs. Rev. Ref. Bonds (Proton Therapy Institute Project), Series 2007-A, 6.25% 20273 | $4,565 | $4,746 |
Lake Ashton II Community Dev. Dist. (Polk County), Capital Improvement Rev. Bonds, Series 2005-A, 5.375% 2036 |
2,190 | 2,061 |
Lakewood Ranch Stewardship Dist., Special Assessment Rev. Bonds (Country Club East Project), Series 2006, 5.40% 2037 |
825 | 827 |
Lakewood Ranch Stewardship Dist., Special Assessment Rev. Bonds (Lake Club Project), Series 2006, 5.50% 2036 |
2,695 | 2,698 |
Lakewood Ranch Stewardship Dist., Special Assessment Rev. Bonds (Lake Club Project), Series 2006-B, 6.77% 2020 |
2,010 | 2,114 |
Lakewood Ranch Stewardship Dist., Special Assessment Rev. Bonds (Lake Club Project), Series 2015, 4.875% 2045 |
2,160 | 2,279 |
Lakewood Ranch Stewardship Dist., Special Assessment Rev. Bonds (Lake Club Project), 4.875% 2035 | 500 | 532 |
Lee County, Industrial Dev. Auth., Healthcare Facs. Rev. Ref. Bonds (Shell Point/Alliance Obligated Group, Shell Point Project), Series 2011-B, 6.50% 2031 | 2,600 | 3,110 |
Lee County, Industrial Dev. Auth., Healthcare Facs. Rev. Ref. Bonds (Shell Point/Alliance Obligated Group, Shell Point Village/Alliance Community Project), Series 2007, 5.00% 2022 | 3,000 | 3,096 |
Lee County, Airport Rev. Ref. Bonds, Series 2010-A, AMT, Assured Guaranty insured, 5.00% 2022 | 1,860 | 2,090 |
Lee County, Airport Rev. Ref. Bonds, Series 2011-A, AMT, 5.375% 2032 | 9,935 | 11,544 |
Lee County, Industrial Dev. Auth., Healthcare Facs. Rev. Bonds (Shell Point/Alliance Obligated Group, Shell Point Village Project), Series 2006, 5.00% 2032 |
3,000 | 3,033 |
Lee County, Industrial Dev. Auth., Healthcare Facs. Rev. Bonds (Shell Point/Alliance Obligated Group, Shell Point Village Project), Series 2006, 5.125% 2036 |
4,335 | 4,382 |
Lee County, Industrial Dev. Auth., Healthcare Facs. Rev. Ref. Bonds (Shell Point/Alliance Obligated Group, Shell Point Village/Alliance Community Project), Series 2007, 5.00% 2029 | 13,425 | 13,791 |
Magnolia Creek Community Dev. Dist. (City of Freeport), Capital Improvement Rev. Bonds, Series 2007-B, 5.60% 20244 | 4,255 | 893 |
Marshall Creek Community Dev. Dist. (St. Johns County), Special Assessment Bonds, Series 2002, 6.625% 2032 |
3,385 | 3,317 |
Marshall Creek Community Dev. Dist., Special Assessment Bonds, 6.32% 2045 | 220 | 225 |
Martin County, Health Facs. Auth., Hospital Rev. Bonds (Martin Memorial Medical Center), 5.00% 2045 | 500 | 576 |
Martin County, Health Facs. Auth., Hospital Rev. Ref. Bonds (Martin Memorial Medical Center), Series 2012-B, 3.74% 2023 | 250 | 269 |
Martin County, Health Facs. Auth., Hospital Rev. Bonds (Martin Memorial Medical Center), Series 2012, 5.50% 2042 |
8,445 | 9,660 |
Meadow Pointe IV, Community Dev. Dist. (Pasco County), Capital Improvement Rev. Bonds, Series 2004-A, 6.00% 20364 | 1,035 | — |
Meadow Pointe IV, Community Dev. Dist. (Pasco County), Capital Improvement Rev. Bonds, Series 2012-A-1, 6.00% 2036 | 160 | 160 |
Meadow Pointe IV, Community Dev. Dist. (Pasco County), Capital Improvement Rev. Bonds, Series 2012-A-2, 6.25% 2038 | 290 | 290 |
Meadow Pointe IV, Community Dev. Dist. (Pasco County), Capital Improvement Rev. Bonds, Series 2012-B, 6.81% 2020 | 280 | 285 |
Midtown Miami Community Dev. Dist., Special Assessment and Rev. Ref. Bonds (Infrastructure Project), Series 2014-B, 5.00% 2037 |
1,735 | 1,879 |
Midtown Miami Community Dev. Dist., Special Assessment and Rev. Ref. Bonds (Parking Garage Project), Series 2014-A, 4.25% 2024 | 835 | 914 |
Midtown Miami Community Dev. Dist., Special Assessment and Rev. Ref. Bonds (Parking Garage Project), Series 2014-A, 5.00% 2037 | 1,490 | 1,614 |
City of Miami Beach, Health Facs. Auth., Hospital Rev. Ref. Bonds (Mount Sinai Medical Center of Florida), Series 2012, 5.00% 2021 | 1,000 | 1,184 |
City of Miami Beach, Health Facs. Auth., Hospital Rev. Ref. Bonds (Mount Sinai Medical Center of Florida), Series 2012, 5.00% 2022 | 1,750 | 2,113 |
City of Miami Beach, Health Facs. Auth., Hospital Rev. Ref. Bonds (Mount Sinai Medical Center of Florida), Series 2012, 5.00% 2023 | 2,250 | 2,698 |
American High-Income Municipal Bond Fund — Page 13 of 52
Bonds, notes & other debt instruments Florida (continued) |
Principal amount (000) |
Value (000) |
City of Miami Beach, Health Facs. Auth., Hospital Rev. Ref. Bonds (Mount Sinai Medical Center of Florida), Series 2014, 5.00% 2039 | $1,500 | $1,753 |
Miami-Dade County, Educational Facs. Auth., Rev. Ref. Bonds (University of Miami Issue), Series 2007-B, AMBAC insured, 5.25% 2024 | 1,000 | 1,247 |
Miami-Dade County, Aviation Rev. Ref. Bonds, Series 2012-A, AMT, 5.00% 2024 | 2,000 | 2,378 |
Miami-Dade County, Aviation Rev. Ref. Bonds, Series 2014-A, AMT, 5.00% 2033 | 5,000 | 5,910 |
Mid-Bay Bridge Auth., Rev. Ref. Bonds, Series 2015-A, 5.00% 2029 | 1,910 | 2,311 |
Mid-Bay Bridge Auth., Rev. Ref. Bonds, Series 2015-A, 5.00% 2030 | 1,500 | 1,810 |
Mid-Bay Bridge Auth., Rev. Ref. Bonds, Series 2015-A, 5.00% 2035 | 2,000 | 2,368 |
Mid-Bay Bridge Auth., Rev. Ref. Bonds, Series 2015-A, 5.00% 2035 | 1,000 | 1,172 |
Mid-Bay Bridge Auth., Rev. Ref. Bonds, Series 2015-A, 5.00% 2040 | 1,000 | 1,176 |
Mid-Bay Bridge Auth., Rev. Ref. Bonds, Series 2015-C, 5.00% 2030 | 2,500 | 2,984 |
Mid-Bay Bridge Auth., Rev. Ref. Bonds, Series 2015-C, 5.00% 2040 | 1,935 | 2,253 |
Municipal Power Agcy., All-Requirements Power Supply Project Rev. Bonds, Series 2016-A, 5.00% 2031 | 500 | 627 |
Orange County, Health Facs. Auth., Health Care Facs. Rev. Ref. Bonds (Presbyterian Retirement Communities Project), 5.00% 2035 | 1,500 | 1,754 |
Orange County, Health Facs. Auth., Health Care Facs. Rev. Ref. Bonds (Presbyterian Retirement Communities Project), 5.00% 2040 | 3,000 | 3,510 |
Orange County, Health Facs. Auth., Health Care Facs. Rev. Ref. Bonds (Presbyterian Retirement Communities Project), 5.00% 2045 | 3,900 | 4,547 |
Orange County, Industrial Dev. Auth., Industrial Dev. Rev. Bonds (VITAG Florida LLC Project), Series 2014, AMT, 8.00% 20363 | 2,500 | 2,658 |
Orange County, Health Facs. Auth., Hospital Rev. Ref. Bonds (Orlando Health Obligated Group), Series 2016-A, 5.00% 2033 |
1,240 | 1,536 |
Orange County, Health Facs. Auth., Rev. Bonds (Presbyterian Retirement Communities Project), Series 2014, 5.00% 2026 | 1,965 | 2,370 |
Orlando Utilities Commission, Utility System Rev. Ref. Bonds, Series 2016-A, 5.00% 2018 | 1,000 | 1,094 |
Palm Beach County, Health Facs. Auth., Retirement Communities Rev. Bonds (ACTS Retirement-Life Communities, Inc. Obligated Group), Series 2010, 5.50% 2033 | 1,500 | 1,793 |
Palm Beach County, Health Facs. Auth., Retirement Communities Rev. Ref. Bonds (ACTS Retirement-Life Communities, Inc. Obligated Group), Series 2006-B, 5.00% 2020 | 1,085 | 1,099 |
Palm Beach County, Health Facs. Auth., Rev. Bonds (Lifespaces Communities, Inc.), Series 2015-C, 5.00% 2028 | 1,860 | 2,281 |
Palm Beach County, Health Facs. Auth., Retirement Communities Rev. Bonds (ACTS Retirement-Life Communities, Inc. Obligated Group), Series 2016, 5.00% 2032 | 11,000 | 13,334 |
Palm Coast Park Community Dev. Dist. (City of Palm Coast, Flagler County), Special Assessment Bonds, Series 2006, 5.70% 2037 |
3,210 | 3,093 |
Town Center at Palm Coast Community Dev. Dist. (City of Palm Coast, Flagler County), Capital Improvement Rev. Bonds, Series 2005, 6.00% 2036 | 2,410 | 2,410 |
Paseo Community Dev. Dist., Fort Myers, Capital Improvement Rev. Bonds, Series 2005-B, 4.875% 2020 (put 2010)4 |
920 | — |
Paseo Community Dev. Dist., Fort Myers, Capital Improvement Rev. Bonds, Series 2006, 5.00% 2021 (put 2011)4 |
1,385 | — |
Paseo Community Dev. Dist., Fort Myers, Capital Improvement Rev. Bonds, Series 2011-A-1, 5.40% 2036 | 360 | 361 |
Paseo Community Dev. Dist., Fort Myers, Capital Improvement Rev. Bonds, Series 2011-A-2, 0% 2036 | 3,240 | 1,458 |
City of Pompano Beach, Rev. Bonds (John Knox Village Project), Series 2015, 5.00% 2039 | 1,500 | 1,688 |
City of Pompano Beach, Rev. Bonds (John Knox Village Project), Series 2015, 5.00% 2044 | 1,000 | 1,126 |
Ports Fncg. Commission, Rev. Ref. Bonds (State Transportation Trust Fund - Intermodal Program), Series 2011-B, AMT, 5.375% 2029 |
1,000 | 1,186 |
City of St. Cloud, Stevens Plantation Community Dev. Dist., Special Assessment Rev. Bonds, Series 2003-B, 6.375% 2023 (put 2013)4 | 1,165 | 816 |
St. Johns County, Industrial Dev. Auth., Health Care Rev. Ref. Bonds (Vicar’s Landing Project), Series 2007, 5.00% 2017 | 340 | 344 |
St. Johns County, Industrial Dev. Auth., Health Care Rev. Ref. Bonds (Vicar’s Landing Project), Series 2007, 5.00% 2027 | 4,800 | 4,880 |
American High-Income Municipal Bond Fund — Page 14 of 52
Bonds, notes & other debt instruments Florida (continued) |
Principal amount (000) |
Value (000) |
St. Johns County, Industrial Dev. Auth., Rev. Ref. Bonds (Presbyterian Retirement Communities Project), Series 2010-A, 5.875% 2040 |
$3,625 | $4,162 |
St. Johns County, Industrial Dev. Auth., Rev. Ref. Bonds (Presbyterian Retirement Communities Project), Series 2010-A, 6.00% 2045 |
1,600 | 1,848 |
Seminole Tribe of Florida, Series A, 5.25% 20273 | 7,000 | 7,287 |
Seminole Tribe of Florida, Series A, 5.50% 20243 | 3,900 | 4,078 |
Seminole Tribe of Florida, Series A, 5.75% 20223 | 1,175 | 1,232 |
South Broward Hospital Dist., Hospital Rev. Ref. Bonds (South Broward Hospital Dist. Obligated Group), Series 2016, 5.00% 2027 | 1,000 | 1,266 |
South Broward Hospital Dist., Hospital Rev. Ref. Bonds (South Broward Hospital Dist. Obligated Group), Series 2016, 5.00% 2028 | 500 | 629 |
Stevens Plantation Improvement Project Dependent Special Dist., Rev. Bonds, Series 2003, 6.375% 20234 | 2,035 | 1,425 |
City of Tallahassee, Health Facs. Rev. Ref. Bonds (Tallahassee Memorial HealthCare, Inc. Project), Series 2015-A, 5.00% 2040 |
1,350 | 1,572 |
City of Tallahassee, Health Facs. Rev. Ref. Bonds (Tallahassee Memorial HealthCare, Inc. Project), Series 2016-A, 5.00% 2041 |
1,250 | 1,474 |
City of Tallahassee, Health Facs. Rev. Ref. Bonds (Tallahassee Memorial HealthCare, Inc. Project), Series 2016-A, 5.00% 2055 |
11,200 | 13,047 |
Tampa Rev. Ref. Bonds (University of Tampa Project), 5.00% 2045 | 3,945 | 4,576 |
Tolomato Community Dev. Dist. (St. Johns County), Special Assessment Bonds, Series 2006, 5.40% 2037 | 1,120 | 1,121 |
Tuscany Reserve Community Dev. Dist., Collier County, Capital Improvement Rev. Bonds, Series 2005-A, 5.55% 2036 | 5,130 | 5,132 |
Volusia County, Educational Facs. Auth., Educational Facs. Rev. Ref. Bonds (Embry-Riddle Aeronautical University, Inc. Project), Series 2015-B, 5.00% 2030 | 1,500 | 1,796 |
Volusia County, Educational Facs. Auth., Educational Facs. Rev. Ref. Bonds (Embry-Riddle Aeronautical University, Inc. Project), Series 2015-B, 5.00% 2031 | 1,520 | 1,811 |
Volusia County, Educational Facs. Auth., Educational Facs. Rev. Bonds (Stetson University, Inc. Project), Series 2015, 5.00% 2045 |
1,000 | 1,178 |
Waterset North Community Dev. Dist. (Hillsborough County), Special Assessment Rev. Bonds, Series 2007-A, 6.60% 2039 | 1,515 | 1,520 |
West Villages Improvement Dist. (North Port), Special Assessment Bonds (Unit of Dev. No. 2), Series 2005, 5.80% 20364 | 5,940 | 3,563 |
308,450 | ||
Georgia 1.92% | ||
Atlanta Dev. Auth., Student Housing Rev. Bonds (ADA/CAU Partners, Inc. Project at Clark Atlanta University), Series 2004-A, ACA insured, 6.25% 2024 | 1,890 | 1,890 |
Atlanta Dev. Auth., Student Housing Rev. Bonds (ADA/CAU Partners, Inc. Project at Clark Atlanta University), Series 2004-A, ACA insured, 6.25% 2036 | 140 | 137 |
City of Atlanta, Tax Allocation Bonds (Beltline Project), Series 2008-B, 7.375% 2031 | 5,000 | 5,665 |
City of Atlanta, Water and Wastewater Rev. Bonds, Series 2001-A, National insured, 5.50% 2027 | 3,500 | 4,553 |
Dev. Auth. of Burke County, Pollution Control Rev. Bonds (Oglethorpe Power Corp. Vogtle Project), Series 2008-E, 7.00% 2023 |
2,000 | 2,167 |
Clayton County, Tax Allocation Bonds (Ellenwood Project), Series 2008, 7.50% 2033 | 3,100 | 3,221 |
Dev. Auth. of Clayton County, Special Facs. Rev. Ref. Bonds (Delta Air Lines, Inc. Project), Series 2009-A, 8.75% 2029 |
5,000 | 6,164 |
DeKalb County, Hospital Auth., Rev. Ref. Anticipation Certificates (DeKalb Medical Center, Inc. Project), Series 2010, 6.00% 2030 |
9,615 | 11,185 |
DeKalb County, Hospital Auth., Rev. Ref. Anticipation Certificates (DeKalb Medical Center, Inc. Project), Series 2010, 6.125% 2040 |
7,315 | 8,436 |
Joint Dev. Auth. of DeKalb County, Newton County and Gwinnett County, Rev. Bonds (GGC Foundation, LLC Project), Series 2009, 6.00% 2029 | 1,850 | 2,111 |
Dev. Auth. of Fulton County, Rev. Bonds (TUFF CAUB LLC Project), Series 2007-A, 5.25% 2028 | 3,595 | 3,600 |
Gainesville and Hall County Dev. Auth., Retirement Community Rev. Ref. Bonds (ACTS Retirement-Life Communities, Inc. Obligated Group), Series 2009-A-2, 6.375% 2029 | 710 | 840 |
American High-Income Municipal Bond Fund — Page 15 of 52
Bonds, notes & other debt instruments Georgia (continued) |
Principal amount (000) |
Value (000) |
Gainesville and Hall County Dev. Auth., Retirement Community Rev. Ref. Bonds (ACTS Retirement-Life Communities, Inc. Obligated Group), Series 2009-A-2, 6.625% 2039 | $1,350 | $1,609 |
Gainesville Redev. Auth., Educational Facs. Rev. Ref. Bonds (Riverside Military Academy Project), Series 2007, 5.00% 2018 | 1,025 | 1,031 |
Gainesville Redev. Auth., Educational Facs. Rev. Ref. Bonds (Riverside Military Academy Project), Series 2007, 5.125% 2037 | 2,500 | 2,503 |
Hospital Auth. of Hall County and City of Gainesville, Rev. Anticipation Certificates (Northeast Georgia Health System, Inc. Project), Series 2010-A, 5.00% 2030 | 2,000 | 2,242 |
Higher Education Facs. Auth., Rev. Bonds (USG Real Estate Foundation II, LLC Project), 6.00% 2034 (preref. 2018) |
5,415 | 5,958 |
Higher Education Facs. Auth., Rev. Bonds (USG Real Estate Foundation II, LLC Project), 6.00% 2034 (preref. 2018) |
1,085 | 1,194 |
Higher Education Facs. Auth., Rev. Bonds (USG Real Estate Foundation II, LLC Project), Series 2009-A, 5.50% 2039 |
3,500 | 3,898 |
Main Street Natural Gas, Inc., Gas Project Rev. Bonds, Series 2007-A, 5.50% 2023 | 1,000 | 1,222 |
Main Street Natural Gas, Inc., Gas Project Rev. Bonds, Series 2007-A, 5.50% 2026 | 1,000 | 1,278 |
Medical Center Hospital Auth., Rev. Ref. Bonds (Spring Harbor at Green Island Project), Series 2007, 5.25% 2027 |
5,250 | 5,376 |
Medical Center Hospital Auth., Rev. Ref. Bonds (Spring Harbor at Green Island Project), Series 2007, 5.25% 2037 |
1,525 | 1,551 |
Municipal Electric Auth., Plant Vogtle Units 3 & 4 Project J Bonds, Series 2015-A, 5.00% 2060 | 3,190 | 3,742 |
Municipal Electric Auth., Series 2015-A, 5.50% 2060 | 3,000 | 3,653 |
Private Colleges and Universities Auth., Rev. Bonds (The Savannah College of Art and Design Projects), Series 2014, 5.00% 2029 |
1,000 | 1,191 |
Private Colleges and Universities Auth., Rev. Bonds (The Savannah College of Art and Design Projects), Series 2014, 5.00% 2044 |
4,000 | 4,625 |
State Road and Tollway Auth., Toll Rev. Convertible CABS (I-75 S Expressway Lanes Project), Series 2014-A, 0% 20243 | 2,115 | 1,400 |
State Road and Tollway Auth., Toll Rev. Convertible CABS (I-75 S Expressway Lanes Project), Series 2014-A, 0% 20343 | 3,495 | 1,210 |
State Road and Tollway Auth., Toll Rev. Convertible CABS (I-75 S Expressway Lanes Project), Series 2014-B, 0%/7.00% 20491,3 | 6,755 | 4,165 |
97,817 | ||
Guam 0.44% | ||
A.B. Won Pat International Airport Auth., General Rev. Bonds, Series 2013-C, AMT, 6.375% 2043 | 1,500 | 1,836 |
A.B. Won Pat International Airport Auth., General Rev. Bonds, Series 2013-C, AMT, 6.25% 2034 | 2,500 | 3,073 |
Education Fncg. Foundation, Certs. of Part. (Public School Facs. Project), Series 2006-A, 5.00% 2023 | 1,000 | 1,008 |
Government of Guam, Business Privilege Tax Bonds, Series 2011-A, 5.00% 2031 | 500 | 546 |
Government of Guam, Business Privilege Tax Bonds, Series 2012-B-1, 5.00% 2032 | 2,000 | 2,180 |
Government of Guam, Hotel Occupancy Tax Rev. Ref. Bonds, Series 2011-A, 6.125% 2031 | 1,000 | 1,217 |
Government of Guam, Business Privilege Tax Bonds, Series 2015-D, 5.00% 2030 | 2,000 | 2,283 |
Limited Obligation (Section 30) Bonds, Series 2009-A, 5.75% 2034 | 3,000 | 3,357 |
Waterworks Auth., Water and Wastewater System Rev. Bonds, Series 2010, 5.25% 2025 | 2,000 | 2,221 |
Waterworks Auth., Water and Wastewater System Rev. Bonds, Series 2010, 5.625% 2040 | 500 | 553 |
Waterworks Auth., Water and Wastewater System Rev. Bonds, Series 2013, 5.50% 2043 | 3,750 | 4,386 |
22,660 | ||
Hawaii 0.20% | ||
Airports System Rev. Bonds, Series 2015-B, AMT, 5.00% 2045 | 1,000 | 1,175 |
Dept. of Budget and Fin., Special Purpose Senior Living Rev. Bonds (15 Craigside Project), Series A, 8.75% 2029 |
970 | 1,185 |
Dept. of Budget and Fin., Special Purpose Senior Living Rev. Bonds (15 Craigside Project), Series A, 9.00% 2044 |
3,250 | 3,971 |
American High-Income Municipal Bond Fund — Page 16 of 52
Bonds, notes & other debt instruments Hawaii (continued) |
Principal amount (000) |
Value (000) |
Electric Co., Inc. Special Purpose Rev. Ref. Bonds (Dept. of Budget and Fin. of the State of Hawaii), AMT, 3.25% 2025 | $1,600 | $1,739 |
Pacific Health Obligated Group, Special Purpose Rev. Bonds (Dept. of Budget and Fin.), Series 2010-B, 5.75% 2040 |
1,000 | 1,144 |
Pacific Health Obligated Group, Special Purpose Rev. Bonds (Dept. of Budget and Fin.), Series 2013-A, 5.50% 2043 |
1,000 | 1,210 |
10,424 | ||
Idaho 0.36% | ||
Health Facs. Auth., Rev. Ref. Bonds (Madison Memorial Hospital Project), Series 2016, 5.00% 2024 | 1,640 | 1,944 |
Health Facs. Auth., Rev. Ref. Bonds (Madison Memorial Hospital Project), Series 2016, 5.00% 2037 | 1,000 | 1,158 |
Housing and Fin. Auth., Rev Bonds (Terraces of Boise Project), Series 2014-A, 8.00% 2044 | 7,230 | 8,200 |
Housing and Fin. Auth., Rev Bonds (Terraces of Boise Project), Series 2014-A, 8.125% 2049 | 4,520 | 5,131 |
Nez Perce County, Pollution Control Rev. Ref. Bonds (Potlatch Corp. Project), Series 2016, 2.75% 2024 | 2,000 | 2,000 |
18,433 | ||
Illinois 10.18% | ||
Village of Bolingbrook, Will and DuPage Counties, Special Service Area No. 2005-1, Special Tax Bonds (Forest City Project), Series 2005, 5.90% 2027 | 6,000 | 6,031 |
Board of Education of the City of Chicago, Unlimited Tax G.O. Rev. Ref. Bonds (Dedicated Alternative Rev.), Series 2015-A, 4.44% 2032 (put 2017)2 | 2,500 | 2,484 |
Board of Education of the City of Chicago, Unlimited Tax G.O. Rev. Ref. Bonds (Dedicated Alternative Rev.), Series 2015-G, 4.44% 2032 (put 2017)2 | 2,500 | 2,483 |
Board of Education of the City of Chicago, Unlimited Tax G.O. Rev. Ref. Bonds (Dedicated Rev.), Series 2013-A-3, 1.27% 2036 (put 2018)2 |
5,250 | 4,767 |
City of Chicago, Chicago Midway Airport, Rev. Ref. Bonds, Series 2014-A, AMT, 5.00% 2030 | 5,000 | 5,868 |
City of Chicago, Chicago Midway Airport, Rev. Ref. Bonds, Series 2014-A, AMT, 5.00% 2031 | 9,500 | 11,114 |
City of Chicago, Chicago Midway Airport, Rev. Ref. Bonds, Series 2014-A, AMT, 5.00% 2032 | 5,000 | 5,827 |
City of Chicago, Chicago Midway Airport, Rev. Ref. Bonds, Series 2014-A, AMT, 5.00% 2033 | 3,000 | 3,483 |
City of Chicago, Chicago Midway Airport, Rev. Ref. Bonds, Series 2014-A, AMT, 5.00% 2041 | 13,000 | 14,886 |
City of Chicago, Chicago Midway Airport, Rev. Ref. Bonds, Series 2016-A, AMT, 5.00% 2027 | 1,810 | 2,230 |
City of Chicago, Chicago Midway Airport, Rev. Ref. Bonds, Series 2016-A, AMT, 5.00% 2028 | 1,750 | 2,140 |
City of Chicago, Chicago Midway Airport, Rev. Ref. Bonds, Series 2016-A, AMT, 5.00% 2029 | 2,500 | 3,031 |
City of Chicago, Chicago Midway Airport, Rev. Ref. Bonds, Series 2016-A, AMT, 5.00% 2031 | 855 | 1,029 |
City of Chicago, G.O. Bonds, Project and Ref. Series 2005-D, 5.50% 2040 | 1,000 | 1,035 |
City of Chicago, G.O. Bonds, Ref. Series 2016-C, 5.00% 2035 | 1,290 | 1,321 |
City of Chicago, G.O. Bonds, Series 2014-A, 5.25% 2029 | 3,400 | 3,555 |
City of Chicago, O’Hare International Airport, Customer Fac. Charge Rev. Bonds, Series 2013, 5.50% 2025 | 1,000 | 1,216 |
City of Chicago, O’Hare International Airport, Customer Fac. Charge Rev. Bonds, Series 2013, 5.50% 2026 | 1,680 | 2,045 |
City of Chicago, O’Hare International Airport, Customer Fac. Charge Rev. Bonds, Series 2013, 5.75% 2038 | 1,000 | 1,199 |
City of Chicago, O’Hare International Airport, Customer Fac. Charge Rev. Bonds, Series 2013, 5.75% 2043 | 4,250 | 5,087 |
City of Chicago, O’Hare International Airport, General Airport Rev. Bonds, Series 2011-A, 5.75% 2039 | 3,000 | 3,520 |
City of Chicago, O’Hare International Airport, General Airport Rev. Ref. Bonds, Series 2012-A, AMT, 5.00% 2026 |
3,500 | 4,049 |
City of Chicago, O’Hare International Airport, General Airport Rev. Ref. Bonds, Series 2013-A, AMT, 5.00% 2023 |
5,000 | 5,990 |
City of Chicago, O’Hare International Airport, General Airport Rev. Ref. Bonds, Series 2015-A, AMT, 5.00% 2030 |
1,600 | 1,901 |
City of Chicago, O’Hare International Airport, General Airport Rev. Ref. Bonds, Series 2015-A, AMT, 5.00% 2031 |
1,285 | 1,521 |
City of Chicago, O’Hare International Airport, General Airport Rev. Ref. Bonds, Series 2015-A, AMT, 5.00% 2032 |
5,745 | 6,758 |
City of Chicago, O’Hare International Airport, General Airport Rev. Ref. Bonds, Series 2015-A, AMT, 5.00% 2033 |
1,220 | 1,430 |
American High-Income Municipal Bond Fund — Page 17 of 52
Bonds, notes & other debt instruments Illinois (continued) |
Principal amount (000) |
Value (000) |
City of Chicago, O’Hare International Airport, General Airport Rev. Ref. Bonds, Series 2015-A, AMT, 5.00% 2034 |
$3,000 | $3,504 |
City of Chicago, School Reform Board of Trustees of the Board of Education, Unlimited Tax G.O. Bonds (Dedicated Tax Rev.), Series 2011-A, 5.00% 2041 | 4,455 | 4,106 |
City of Chicago, School Reform Board of Trustees of the Board of Education, Unlimited Tax G.O. Bonds (Dedicated Tax Rev.), Series 2012-A, 5.00% 2042 | 2,650 | 2,439 |
City of Chicago, Wastewater Transmission Rev. Ref. Bonds, Series 2008-C, 5.00% 2023 | 1,000 | 1,170 |
City of Chicago, Water Rev. Bonds, Series 2000, 5.00% 2028 | 1,000 | 1,210 |
City of Chicago, Water Rev. Bonds, Series 2000, 5.00% 2029 | 1,000 | 1,206 |
City of Chicago, Water Rev. Bonds, Series 2000, 5.00% 2030 | 700 | 841 |
City of Chicago, Water Rev. Bonds, Series 2004, 5.00% 2023 | 2,500 | 2,981 |
City of Chicago, Water Rev. Bonds, Series 2004, 5.00% 2024 | 2,000 | 2,414 |
City of Chicago, Water Rev. Bonds, Series 2004, 5.00% 2027 | 1,750 | 2,139 |
City of Chicago, Water Rev. Ref. Bonds, 5.00% 2042 | 1,700 | 1,899 |
City of Chicago, Water Rev. Ref. Bonds, 5.00% 2044 | 500 | 574 |
County of Cook, G.O. Rev. Ref. Bonds, Series 2016-A, 5.00% 2031 | 1,000 | 1,207 |
Regional Transportation Auth. of Cook, DuPage, Kane, Lake, McHenry and Will Counties, G.O. Rev. Ref. Bonds, Series 2003-A, FGIC-National insured, 6.00% 2033 | 7,550 | 10,570 |
County of DuPage, Special Service Area Number 31, Special Tax Bonds (Monarch Landing Project), Series 2006, 5.625% 2036 |
4,900 | 4,906 |
Fin. Auth. Rev. Bonds (Silver Cross Hospital and Medical Centers), Series 2009, 7.00% 2044 (preref. 2019) | 2,110 | 2,507 |
Fin. Auth., Charter School Project and Rev. Ref. Bonds (Chicago Charter School Foundation Project), Series 2007-A, 5.00% 2021 |
1,750 | 1,767 |
Fin. Auth., Charter School Project and Rev. Ref. Bonds (Chicago Charter School Foundation Project), Series 2007-A, 5.00% 2026 |
1,000 | 1,007 |
Fin. Auth., Charter School Project and Rev. Ref. Bonds (Chicago Charter School Foundation Project), Series 2007-A, 5.00% 2036 |
4,000 | 4,022 |
Fin. Auth., Rev. Bonds (Advocate Health Care Network), Series 2014, 5.00% 2038 | 400 | 473 |
Fin. Auth., Rev. Bonds (Benedictine University Project), Series 2013-A, 6.25% 2033 | 1,000 | 1,161 |
Fin. Auth., Rev. Bonds (Central DuPage Health), Series 2009-B, 5.75% 2039 | 2,500 | 2,885 |
Fin. Auth., Rev. Bonds (DePaul University), Series 2016, 5.00% 2041 | 1,000 | 1,197 |
Fin. Auth., Rev. Bonds (Elmhurst Memorial Healthcare), Series 2008-A, 5.625% 2037 | 6,405 | 6,787 |
Fin. Auth., Rev. Bonds (Franciscan Communities, Inc.), Series 2013-A, 5.125% 2043 | 1,000 | 1,098 |
Fin. Auth., Rev. Bonds (Hospital Sisters Services, Inc. - Obligated Group), Series 2012-C, 5.00% 2020 | 230 | 265 |
Fin. Auth., Rev. Bonds (Lifespace Communitys), Series 2015-A, 5.00% 2045 | 3,500 | 4,116 |
Fin. Auth., Rev. Bonds (Mercy Health Corp.), Series 2016, 5.00% 2034 | 3,600 | 4,275 |
Fin. Auth., Rev. Bonds (Mercy Health Corp.), Series 2016, 5.00% 2040 | 2,000 | 2,367 |
Fin. Auth., Rev. Bonds (Mercy Health Corp.), Series 2016, 5.00% 2046 | 10,800 | 12,673 |
Fin. Auth., Rev. Bonds (Northwest Community Hospital), Series 2016-A, 5.00% 2033 | 1,800 | 2,187 |
Fin. Auth., Rev. Bonds (OSF Healthcare System), Series 2015-A, 4.125% 2037 | 5,410 | 5,825 |
Fin. Auth., Rev. Bonds (Plymouth Place Inc.), 5.00% 2037 | 1,250 | 1,343 |
Fin. Auth., Rev. Bonds (Plymouth Place Inc.), 5.25% 2045 | 1,155 | 1,245 |
Fin. Auth., Rev. Bonds (Plymouth Place Inc.), 5.25% 2050 | 3,410 | 3,657 |
Fin. Auth., Rev. Bonds (Presbyterian Homes Obligated Group), Series 2016-A, 5.00% 2025 | 1,060 | 1,321 |
Fin. Auth., Rev. Bonds (Presbyterian Homes Obligated Group), Series 2016-A, 5.00% 2026 | 1,000 | 1,256 |
Fin. Auth., Rev. Bonds (Presbyterian Homes Obligated Group), Series 2016-A, 5.00% 2026 | 1,000 | 1,248 |
Fin. Auth., Rev. Bonds (Presbyterian Homes Obligated Group), Series 2016-A, 5.00% 2028 | 2,240 | 2,780 |
Fin. Auth., Rev. Bonds (Presbyterian Homes Obligated Group), Series 2016-A, 5.00% 2029 | 3,000 | 3,707 |
Fin. Auth., Rev. Bonds (Presbyterian Homes Obligated Group), Series 2016-A, 5.00% 2030 | 1,500 | 1,846 |
Fin. Auth., Rev. Bonds (Presbyterian Homes Obligated Group), Series 2016-A, 5.00% 2031 | 1,000 | 1,225 |
Fin. Auth., Rev. Bonds (Presbyterian Homes Obligated Group), Series 2016-B, 1.677% 2036 (put 2021)2 | 800 | 806 |
Fin. Auth., Rev. Bonds (Rehab Institute of Chicago), Series 2013-A, 6.00% 2043 | 2,300 | 2,828 |
Fin. Auth., Rev. Bonds (Silver Cross Hospital and Medical Centers), Series 2015-C, 5.00% 2035 | 1,500 | 1,750 |
Fin. Auth., Rev. Bonds (Silver Cross Hospital and Medical Centers), Series 2015-C, 5.00% 2044 | 5,500 | 6,363 |
Fin. Auth., Rev. Ref. Bonds (Ascension Health Alliance Credit Group), Series 2012-A, 5.00% 2042 | 2,100 | 2,424 |
American High-Income Municipal Bond Fund — Page 18 of 52
Bonds, notes & other debt instruments Illinois (continued) |
Principal amount (000) |
Value (000) |
Fin. Auth., Rev. Ref. Bonds (Christian Homes Inc.), 5.00% 2031 | $1,875 | $2,166 |
Fin. Auth., Rev. Ref. Bonds (Christian Homes Inc.), 5.00% 2036 | 1,000 | 1,129 |
Fin. Auth., Rev. Ref. Bonds (Franciscan Communities, Inc.), Series 2007-A, 5.50% 2027 | 8,550 | 8,766 |
Fin. Auth., Rev. Ref. Bonds (Franciscan Communities, Inc.), Series 2007-A, 5.50% 2037 | 4,025 | 4,110 |
Fin. Auth., Rev. Ref. Bonds (Lutheran Hillside Village), Series 2006, 5.00% 2017 | 1,020 | 1,040 |
Fin. Auth., Rev. Ref. Bonds (Lutheran Hillside Village), Series 2006, 5.125% 2026 | 1,000 | 1,021 |
Fin. Auth., Rev. Ref. Bonds (Northwestern Memorial Hospital), Series 2009-A, 6.00% 2039 | 6,000 | 6,931 |
Fin. Auth., Rev. Ref. Bonds (OSF Healthcare System), Series 2007-A, 5.75% 2033 (preref. 2017) | 1,500 | 1,600 |
Fin. Auth., Rev. Ref. Bonds (OSF Healthcare System), Series 2007-A, 5.75% 2037 (preref. 2017) | 1,000 | 1,067 |
Fin. Auth., Rev. Ref. Bonds (OSF Healthcare System), Series 2010-A, 6.00% 2039 | 8,935 | 10,398 |
Fin. Auth., Rev. Ref. Bonds (OSF Healthcare System), Series 2015-A, 5.00% 2035 | 5,450 | 6,472 |
Fin. Auth., Rev. Ref. Bonds (OSF Healthcare System), Series 2015-A, 5.00% 2045 | 2,000 | 2,364 |
Fin. Auth., Rev. Ref. Bonds (Provena Health), Series 2009-A, 7.75% 2034 | 12,950 | 15,554 |
Fin. Auth., Rev. Ref. Bonds (Provena Health), Series 2010-A, 6.00% 2028 | 2,280 | 2,613 |
Fin. Auth., Rev. Ref. Bonds (Riverside Health System), Series 2006-C, 4.50% 2026 | 1,500 | 1,517 |
Fin. Auth., Rev. Ref. Bonds (Sherman Health Systems), Series 2007-A, 5.50% 2037 | 2,000 | 2,098 |
Fin. Auth., Rev. Ref. Bonds (Silver Cross Hospital and Medical Centers), Series 2015-C, 4.125% 2037 | 8,710 | 9,335 |
Fin. Auth., Rev. Ref. Bonds (University of Chicago Medical Center), Series 2009-B, 5.00% 2025 | 3,000 | 3,424 |
Fin. Auth., Student Housing Rev. Bonds (CHF-DeKalb II, L.L.C. - Northern Illinois University Project), Series 2011, 6.00% 2024 |
1,000 | 1,155 |
Fin. Auth., Student Housing Rev. Bonds (CHF-Normal, LLC - Illinois State University Project), Series 2011, 7.00% 2043 | 6,765 | 7,848 |
Fin. Auth., Student Housing Rev. Ref. Bonds (CHF-DeKalb II, LLC - Northern Illinois University Project), Series 2011, 6.875% 2043 |
11,500 | 13,683 |
Fin. Auth., Student Housing Rev. Ref. Bonds, Educational Advancement Fund, Inc. (University Center), Series 2006-A, 5.25% 2034 |
2,935 | 2,982 |
Fin. Auth., Student Housing Rev. Ref. Bonds, Educational Advancement Fund, Inc. (University Center), Series 2006-B, 5.00% 2025 |
5,000 | 5,033 |
Fin. Auth., Student Housing Rev. Ref. Bonds, Educational Advancement Fund, Inc. (University Center), Series 2006-B, 5.25% 2019 |
2,875 | 2,896 |
Fin. Auth., Rev. Bonds (Rush University Medical Center Obligated Group), Series 2015-A, 5.00% 2032 | 1,100 | 1,336 |
Fin. Auth., Rev. Bonds (Rush University Medical Center Obligated Group), Series 2015-A, 5.00% 2038 | 1,500 | 1,783 |
Fin. Auth., Student Housing Rev. Bonds (CHF - Cook, LLC - Northeastern Illinois University Project), Series 2015-A, 5.00% 2030 |
1,465 | 1,597 |
Fin. Auth., Student Housing Rev. Bonds (CHF - Cook, LLC - Northeastern Illinois University Project), Series 2015-A, 5.00% 2047 |
11,000 | 11,681 |
Fin. Auth., Student Housing Rev. Ref. Bonds, Educational Advancement Fund, Inc. (University Center), 5.125% 2020 |
1,825 | 1,972 |
G.O. Bonds, Series 2012-A, 5.00% 2028 | 2,000 | 2,165 |
G.O. Bonds, Series 2013, 5.50% 2026 | 2,000 | 2,292 |
G.O. Bonds, Series 2013, 5.50% 2033 | 3,000 | 3,378 |
G.O. Bonds, Series 2014, 5.00% 2039 | 4,625 | 5,000 |
G.O. Bonds, Series 2016, 4.00% 2032 | 5,000 | 5,012 |
G.O. Bonds, Series 2016, 5.00% 2028 | 2,500 | 2,844 |
G.O. Bonds, Series 2016, 5.50% 2027 | 2,000 | 2,285 |
G.O. Bonds, Series of July 2013, 5.50% 2038 | 1,000 | 1,115 |
G.O. Bonds, Series of March 2012, 5.00% 2037 | 1,980 | 2,105 |
G.O. Bonds, Series of May 2014, 5.00% 2039 | 2,600 | 2,817 |
G.O. Ref. Bonds, 5.00% 2030 | 3,000 | 3,366 |
Housing Dev. Auth., Housing Rev. Ref. Bonds, Series G, 4.80% 2032 | 1,000 | 1,002 |
Fin. Auth., Rev. Bonds (Presence Health Network Obligated Group), Series 2016-C, 5.00% 2029 | 9,000 | 10,474 |
Fin. Auth., Rev. Bonds (Presence Health Network Obligated Group), Series 2016-C, 5.00% 2032 | 5,000 | 5,766 |
Fin. Auth., Rev. Bonds (Presence Health Network Obligated Group), Series 2016-C, 5.00% 2034 | 1,265 | 1,454 |
Fin. Auth., Rev. Bonds (Presence Health Network Obligated Group), Series 2016-C, 5.00% 2036 | 2,250 | 2,571 |
Fin. Auth., Rev. Bonds (Presence Health Network Obligated Group), Series 2016-C, 5.00% 2041 | 1,250 | 1,427 |
American High-Income Municipal Bond Fund — Page 19 of 52
Bonds, notes & other debt instruments Illinois (continued) |
Principal amount (000) |
Value (000) |
Board of Trustees of Illinois State University, Auxiliary Facs. System Rev. Bonds, Series 2016, Assured Guaranty Municipal insured, 5.00% 2025 | $3,000 | $3,647 |
Board of Trustees of Illinois State University, Auxiliary Facs. System Rev. Bonds, Series 2016, Assured Guaranty Municipal insured, 5.00% 2026 | 1,150 | 1,414 |
Village of Lincolnshire, Special Service Area No. 1, Special Tax Bonds (Sedgebrook Project), Series 2004, 6.25% 2034 | 1,602 | 1,605 |
Village of Manhattan (Will County), Special Service Area Number 2007-6, Special Tax Bonds (Groebe Farm-Stonegate Project), Series 2007, 5.75% 20224 |
1,900 | 285 |
Village of Manhattan (Will County), Special Service Area Number 2007-6, Special Tax Bonds (Groebe Farm-Stonegate Project), Series 2007, 6.125% 20404 |
5,000 | 750 |
Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Rev. Ref. Bonds, Series 2002-A, National insured, 0% 2031 | 4,500 | 2,582 |
Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Rev. Ref. Bonds, Series 2010-B-2, 5.00% 2050 | 5,000 | 5,292 |
Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Rev. Ref. Bonds, Series 2010-E, Assured Guaranty Municipal insured, 0% 2027 | 3,500 | 2,467 |
Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Rev. Ref. Bonds, Series 2012-B, 5.00% 2028 | 500 | 560 |
Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Rev. Ref. Bonds, Series 2015-B, 5.00% 2035 | 3,000 | 3,419 |
Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Rev. Ref. Bonds, Series 2015-B, 5.00% 2040 | 5,000 | 5,676 |
Village of Montgomery, Kane and Kendall Counties, Special Assessment Improvement Ref. Bonds (Lakewood Creek Project), Series 2006, RADIAN insured, 4.70% 2030 |
733 | 734 |
Municipal Electric Agcy., Power Supply System Rev. Ref. Bonds, Series 2015-A, 5.00% 2031 | 1,000 | 1,216 |
Board of Trustees of Southern Illinois University, Housing and Auxiliary Facs. System Rev. Bonds, Series 2012-B-1, 5.00% 2022 |
750 | 813 |
Board of Trustees of Southern Illinois University, Housing and Auxiliary Facs. System Rev. Bonds, Series 2012-B-1, 5.00% 2027 |
2,205 | 2,329 |
Board of Trustees of Southern Illinois University, Housing and Auxiliary Facs. System Rev. Bonds, Series 2012-B-1, 5.00% 2032 |
2,945 | 3,087 |
Southwestern Illinois Dev. Auth., Health Fac. Rev. Bonds (Memorial Group, Inc.), Series 2013, 7.125% 2043 | 1,570 | 2,149 |
Southwestern Illinois Dev. Auth., Health Fac. Rev. Bonds (Memorial Group, Inc.), Series 2013, 7.625% 2048 | 11,020 | 15,431 |
Sports Facs. Auth., Sports Facs. Ref. Bonds (State Tax Supported), Series 2014, Assured Guaranty Municipal insured, 5.25% 2032 |
1,000 | 1,158 |
City of Springfield, Electric Rev. Bonds, Series 2015, Assured Guaranty Municipal insured, 5.00% 2040 | 1,000 | 1,182 |
State Toll Highway Auth., Toll Highway Rev. Bonds, Series 2015-B, 5.00% 2040 | 5,000 | 6,020 |
Toll Highway Auth., Toll Highway Rev. Bonds, Series 2016-B, 5.00% 2041 | 6,550 | 7,936 |
Board of Trustees of the University of Illinois, University of Illinois Auxiliary Facs. System Rev. Ref. Bonds, Series 2016-A, Assured Guaranty Municipal insured, 4.00% 2036 | 5,000 | 5,452 |
Village of Volo, Lake County, Special Service Areas Number Three and Number Six, Special Tax Rev. Ref Bonds (Symphony Meadows/Lancaster Falls Projects), Assured Guaranty Municipal insured, 3.125% 2027 |
1,130 | 1,177 |
Village of Volo, Lake County, Special Service Areas Number Three and Number Six, Special Tax Rev. Ref Bonds (Symphony Meadows/Lancaster Falls Projects), Assured Guaranty Municipal insured, 4.00% 2036 | 1,250 | 1,319 |
Village of Volo, Lake County, Special Service Areas Number Three and Number Six, Special Tax Rev. Ref Bonds (Symphony Meadows/Lancaster Falls Projects), Assured Guaranty Municipal insured, 5.00% 2034 | 5,000 | 5,980 |
United City of Yorkville, Special Tax Rev. Ref. Bonds (Special Service Area Numbers 2005-108 and 2005-109), Assured Guaranty Municipal insured, 4.00% 2036 | 4,835 | 5,075 |
United City of Yorkville, Special Tax Rev. Ref. Bonds (Special Service Area Numbers 2005-108 and 2005-109), Assured Guaranty Municipal insured, 5.00% 2032 | 4,350 | 5,219 |
518,195 |
American High-Income Municipal Bond Fund — Page 20 of 52
Bonds, notes & other debt instruments Indiana 1.79% |
Principal amount (000) |
Value (000) |
Fin. Auth., Environmental Rev. Ref. Bonds (Duke Energy Indiana, Inc. Project), Series 2009-B, 6.00% 2039 | $9,000 | $10,096 |
Fin. Auth., Health System Rev. Bonds (Franciscan Alliance, Inc.), Series 2016-A, 5.00% 2051 | 4,585 | 5,427 |
Fin. Auth., Health System Rev. Bonds (Franciscan Alliance, Inc.), Series 2016-B, 5.00% 2041 | 1,200 | 1,433 |
Fin. Auth., Hospital Rev. Ref. Bonds (Indiana University Health Obligated Group), Series 2011-N, 5.00% 2031 | 4,000 | 4,542 |
Fin. Auth., Midwestern Disaster Relief Rev. Bonds (Ohio Valley Electric Corp. Project), Series 2012-A, 5.00% 2032 |
3,800 | 4,119 |
Fin. Auth., Midwestern Disaster Relief Rev. Bonds (Ohio Valley Electric Corp. Project), Series 2012-A, 5.00% 2039 |
4,750 | 5,066 |
Fin. Auth., Private Activity Bonds (Ohio River Bridges East End Crossing Project), Series 2013-A, AMT, 5.00% 2044 |
7,000 | 7,892 |
Fin. Auth., Private Activity Bonds (Ohio River Bridges East End Crossing Project), Series 2013-A, AMT, 5.25% 2051 |
3,410 | 3,864 |
Fin. Auth., Rev. Ref. Bonds (Community Foundation of Northwest Indiana Obligated Group), 5.00% 2036 | 3,730 | 4,357 |
Fin. Auth., Rev. Bonds (Greencroft Obligated Group), Series 2013-A, 7.00% 2043 | 3,705 | 4,436 |
Gary/Chicago International Airport Auth., Airport Dev. Zone Rev. Bonds, Series 2014, AMT, 5.00% 2019 | 760 | 816 |
Gary/Chicago International Airport Auth., Airport Dev. Zone Rev. Bonds, Series 2014, AMT, 5.00% 2039 | 2,500 | 2,711 |
Gary/Chicago International Airport Auth., Airport Dev. Zone Rev. Bonds, Series 2014, AMT, 5.25% 2034 | 1,000 | 1,111 |
Health and Educational Fac. Fncg. Auth., Hospital Rev. Bonds (Community Foundation of Northwest Indiana Obilgated Group), 5.50% 2027 (preref. 2017) | 1,350 | 1,389 |
Health and Educational Fac. Fncg. Auth., Hospital Rev. Bonds (Community Foundation of Northwest Indiana Obilgated Group), 5.50% 2037 | 485 | 497 |
Fin. Auth., Hospital Rev. Ref. Bonds (The Methodist Hospitals, Inc.), Series 2014-A, 5.00% 2028 | 750 | 887 |
Housing and Community Dev. Auth., Single Family Mortgage Rev. Bonds, Series 2016-A-2, AMT, 3.50% 2038 | 4,450 | 4,750 |
Trustees of Indiana University, Consolidated Rev. Ref. Bonds, Series 2006-R, AMBAC insured, 5.00% 2018 (preref. 2016) |
1,000 | 1,000 |
Indianapolis Airport Auth., Special Fac. Rev. Bonds (United Air Lines, Inc., Indianapolis Maintenance Center Project), Series 1995-A, AMT, 6.50% 20314 | 3,500 | 22 |
Indianapolis Local Public Improvement, Bond Bank Rev. Ref. Bonds (Indianapolis Airport Auth. Project), Series 2016-A-1, AMT, 5.00% 2030 |
1,115 | 1,375 |
Jasper County, Pollution Control Rev. Ref. Bonds (Northern Indiana Public Service Co. Project), Series 1988-C, National insured, 5.60% 2016 | 1,000 | 1,012 |
Jasper County, Pollution Control Rev. Ref. Bonds (Northern Indiana Public Service Co. Project), Series 1988-C, National insured, 5.85% 2019 | 1,000 | 1,113 |
Knox County, Econ. Dev. Rev. and Ref. Bonds (Good Samaritan Hospital Project), Series 2012-A, 5.00% 2023 | 1,000 | 1,132 |
Knox County, Econ. Dev. Rev. and Ref. Bonds (Good Samaritan Hospital Project), Series 2012-A, 5.00% 2025 | 1,570 | 1,760 |
City of Valparaiso, Exempt Facs. Rev Bonds (Pratt Paper, LLC Project), Series 2013, AMT, 7.00% 2044 | 3,080 | 3,867 |
Vanderburgh County, Redev. Dist., Tax Increment Rev. Bonds of 2006, 5.00% 2021 (preref. 2016) | 1,375 | 1,375 |
Hospital Auth. of Vigo County, Hospital Rev. Bonds (Union Hospital, Inc.), 5.50% 20273 | 800 | 822 |
Hospital Auth. of Vigo County, Hospital Rev. Bonds (Union Hospital, Inc.), Series 2007, 5.70% 2037 | 5,000 | 5,143 |
Hospital Auth. of Vigo County, Hospital Rev. Bonds (Union Hospital, Inc.), Series 2007, 5.75% 2042 | 1,000 | 1,028 |
Hospital Auth. of Vigo County, Hospital Rev. Bonds (Union Hospital, Inc.), Series 2007, 5.80% 2047 | 1,000 | 1,028 |
City of Whiting, Environmental Facs. Rev. Bonds (BP Products North America Inc. Project), AMT, 5.00% 2045 (put 2022) |
3,000 | 3,552 |
City of Whiting, Environmental Facs. Rev. Bonds (BP Products North America Inc. Project), Series 2016-A, AMT, 5.00% 2046 (put 2023) | 3,000 | 3,569 |
91,191 | ||
Iowa 0.94% | ||
Fin. Auth., Retirement Community Rev. Bonds (Edgewater, A Wesley Active Life Community, LLC Project), Series 2007-A, 6.75% 2037 (preref. 2017) | 2,500 | 2,700 |
Fin. Auth., Retirement Community Rev. Bonds (Edgewater, A Wesley Active Life Community, LLC Project), Series 2007-A, 6.75% 2042 (preref. 2017) | 5,000 | 5,400 |
Fin. Auth., Midwestern Disaster Area Rev. Ref. Bonds (Iowa Fertilizer Co. Project), Series 2013, 5.00% 2019 |
5,015 | 5,217 |
American High-Income Municipal Bond Fund — Page 21 of 52
Bonds, notes & other debt instruments Iowa (continued) |
Principal amount (000) |
Value (000) |
Fin. Auth., Midwestern Disaster Area Rev. Ref. Bonds (Iowa Fertilizer Co. Project), Series 2013, 5.25% 2025 |
$16,300 | $17,638 |
Fin. Auth., Midwestern Disaster Area Rev. Ref. Bonds (Iowa Fertilizer Co. Project), Series 2013, 5.50% 2022 |
3,000 | 3,122 |
Iowa Higher Education, Loan Auth. Rev. Ref. Bonds (Wartburg College), 5.00% 2032 | 6,455 | 6,760 |
Iowa Higher Education, Loan Auth. Rev. Ref. Bonds (Wartburg College), 5.00% 2037 | 4,250 | 4,383 |
Tobacco Settlement Auth., Tobacco Settlement Asset-Backed Bonds, Series 2005-C, 5.50% 2042 | 615 | 615 |
Tobacco Settlement Auth., Tobacco Settlement Asset-Backed Bonds, Series 2005-C, 5.625% 2046 | 2,105 | 2,111 |
47,946 | ||
Kansas 0.36% | ||
Dev. Fin. Auth., Rev. Ref. Bonds (Lifespace Communities, Inc.), Series 2010-S, 5.00% 2030 | 1,920 | 2,134 |
City of Lenexa, Health Care Fac. Rev. Bonds (Lakeview Village, Inc. Project), Series 2009, 7.125% 2029 | 250 | 277 |
City of Lenexa, Health Care Fac. Rev. Bonds (Lakeview Village, Inc. Project), Series 2009, 7.25% 2039 | 750 | 828 |
City of Lenexa, Health Care Fac. Rev. Ref. and Improvement Bonds (Lakeview Village, Inc. Project), Series 2007, 5.125% 2017 |
1,200 | 1,230 |
City of Lenexa, Health Care Fac. Rev. Ref. and Improvement Bonds (Lakeview Village, Inc. Project), Series 2007, 5.50% 2039 |
5,250 | 5,318 |
City of Overland Park, Transportation Dev. Dist. Special Assessment Bonds (Tallgrass Creek Project), Series 2006, 5.125% 2028 |
2,562 | 2,584 |
City of Wichita, Health Care Facs. Rev. Bonds (Kansas Masonic Home), Series 2016-II-A, 5.00% 2031 | 400 | 407 |
City of Wichita, Health Care Facs. Rev. Bonds (Kansas Masonic Home), Series 2016-II-A, 5.25% 2036 | 500 | 512 |
City of Wichita, Health Care Facs. Rev. Bonds (Kansas Masonic Home), Series 2016-II-A, 5.375% 2046 | 1,850 | 1,898 |
Unified Government of Wyandotte County, Special Obligation Improvement Rev. Ref. Bonds (Wyandotte Plaza Redev. Project), 4.00% 2028 | 925 | 947 |
Unified Government of Wyandotte County, Special Obligation Improvement Rev. Ref. Bonds (Wyandotte Plaza Redev. Project), 5.00% 2034 | 2,125 | 2,224 |
18,359 | ||
Kentucky 0.91% | ||
Econ. Dev. Fin. Auth., Healthcare Facs. Rev. Ref. Bonds (Rosedale Green Project), 5.50% 2035 | 1,750 | 1,880 |
Econ. Dev. Fin. Auth., Healthcare Facs. Rev. Ref. Bonds (Rosedale Green Project), 5.75% 2045 | 5,765 | 6,225 |
Econ. Dev. Fin. Auth., Healthcare Facs. Rev. Ref. Bonds (Rosedale Green Project), 5.75% 2050 | 2,650 | 2,839 |
Econ. Dev. Fin. Auth., Hospital Rev. Ref. Bonds (Baptist Healthcare System Obligated Group), Series 2009-A, 5.375% 2024 |
2,000 | 2,168 |
Econ. Dev. Fin. Auth., Hospital Rev. Ref. Bonds (Baptist Healthcare System Obligated Group), Series 2009-A, 5.625% 2027 | 1,000 | 1,087 |
Econ. Dev. Fin. Auth., Louisville Arena Project Rev. Bonds (Louisville Arena Auth., Inc.), Series 2008-A-1, Assured Guaranty insured, 5.75% 2028 | 2,500 | 2,669 |
Econ. Dev. Fin. Auth., Louisville Arena Project Rev. Bonds (Louisville Arena Auth., Inc.), Series 2008-A-1, Assured Guaranty insured, 6.00% 2033 | 1,000 | 1,077 |
Econ. Dev. Fin. Auth., Louisville Arena Project Rev. Bonds (Louisville Arena Auth., Inc.), Series 2008-A-1, Assured Guaranty insured, 6.00% 2042 | 2,000 | 2,151 |
Econ. Dev. Fin. Auth., Solid Waste Rev. Ref. Bonds (Republic Services, Inc. Project), Series 2010-A, AMT, 0.80% 2031 (put 2016) |
1,375 | 1,375 |
Econ. Dev. Fin. Auth., Solid Waste Rev. Ref. Bonds (Republic Services, Inc. Project), Series 2010-B, 0.65% 2031 (put 2016) |
2,000 | 2,000 |
Louisville/Jefferson County, Metro Government, Health System Rev. Bonds (Norton Healthcare, Inc.), Series 2016-A, 5.00% 2029 |
2,300 | 2,846 |
Louisville/Jefferson County, Metro Government, Health System Rev. Bonds (Norton Healthcare, Inc.), Series 2016-A, 5.00% 2032 |
2,250 | 2,752 |
Electric Plant Board of the City of Paducah, Rev. Ref. Bonds, Series 2016-A, Assured Guaranty Municipal insured, 5.00% 2026 | 1,100 | 1,368 |
Electric Plant Board of the City of Paducah, Rev. Ref. Bonds, Series 2016-A, Assured Guaranty Municipal insured, 5.00% 2028 | 1,500 | 1,838 |
American High-Income Municipal Bond Fund — Page 22 of 52
Bonds, notes & other debt instruments Kentucky (continued) |
Principal amount (000) |
Value (000) |
Electric Plant Board of the City of Paducah, Rev. Ref. Bonds, Series 2016-A, Assured Guaranty Municipal insured, 5.00% 2030 | $2,560 | $3,111 |
Electric Plant Board of the City of Paducah, Rev. Ref. Bonds, Series 2016-A, Assured Guaranty Municipal insured, 5.00% 2035 | 1,500 | 1,787 |
Public Transportation Infrastructure Auth., Toll Rev. Bonds (Downtown Crossing Project), Series 2013-A, 5.75% 2049 |
1,885 | 2,250 |
Public Transportation Infrastructure Auth., Toll Rev. Bonds (Downtown Crossing Project), Series 2013-A, 6.00% 2053 |
5,500 | 6,666 |
46,089 | ||
Louisiana 1.84% | ||
Aviation Board, General Airport Rev. Bonds (North Terminal Project), Series 2015-B, AMT, 5.00% 2031 | 2,160 | 2,570 |
Aviation Board, General Airport Rev. Bonds (North Terminal Project), Series 2015-B, AMT, 5.00% 2035 | 1,785 | 2,085 |
Aviation Board, General Airport Rev. Bonds (North Terminal Project), Series 2015-B, AMT, 5.00% 2040 | 10,000 | 11,640 |
Citizens Property Insurance Corp., Assessment Rev. Ref. Bonds, Series 2016-A, 5.00% 2025 | 5,000 | 6,312 |
Jefferson Parish Hospital Dist. No. 1, Parish of Jefferson, Hospital Rev. Ref. Bonds (West Jefferson Medical Center), Series 2011-A, 6.00% 2039 (preref. 2021) | 2,365 | 2,883 |
Juban Crossing, Econ. Dev. Rev. Ref. Bonds (Drainage Project), Series 2015-B, 7.00% 20443 | 2,000 | 2,164 |
Juban Crossing, Econ. Dev. Rev. Ref. Bonds (Drainage Project), Series 2015-C, 7.00% 20443 | 4,600 | 4,978 |
Local Government Environmental Facs. and Community Dev. Auth., Rev. Bonds (Westlake Chemical Corp. Projects), Series 2007, 6.75% 2032 |
9,500 | 10,173 |
Local Government Environmental Facs. and Community Dev. Auth., Rev. Bonds (Westlake Chemical Corp. Projects), Series 2009-A, 6.50% 2029 |
3,125 | 3,728 |
Local Government Environmental Facs. and Community Dev. Auth., Rev. Bonds (Westlake Chemical Corp. Projects), Series 2010-A-1, 6.50% 2035 |
5,500 | 6,632 |
Local Government Environmental Facs. and Community Dev. Auth., Rev. Bonds (Westlake Chemical Corp. Projects), Series 2010-A-2, 6.50% 2035 |
3,850 | 4,642 |
City of New Orleans, Sewerage Service Rev. and Ref. Bonds, Series 2015, 5.00% 2045 | 2,650 | 3,117 |
Public Facs. Auth., Rev. Bonds (Ochsner Clinic Foundation Project), 5.00% 2047 | 2,500 | 2,947 |
Public Facs. Auth., Rev. Bonds (Ochsner Clinic Foundation Project), Series 2007-A, 5.25% 2038 | 2,175 | 2,241 |
Public Facs. Auth., Rev. Bonds (Ochsner Clinic Foundation Project), Series 2007-A, 5.25% 2038 (preref. 2017) | 825 | 856 |
Public Facs. Auth., Rev. Bonds (Ochsner Clinic Foundation Project), Series 2007-A, 5.375% 2043 | 360 | 371 |
Public Facs. Auth., Rev. Bonds (Ochsner Clinic Foundation Project), Series 2007-A, 5.375% 2043 (preref. 2017) | 140 | 146 |
Public Facs. Auth., Rev. Ref. Bonds (CHRISTUS Health), Series 2009-A, 6.00% 2029 | 2,000 | 2,281 |
Public Facs. Auth., Rev. Ref. Bonds (Entergy Louisiana, LLC Project), Series 2016-A, 3.375% 2028 | 3,750 | 3,915 |
Public Facs. Auth., Rev. Ref. Bonds (Entergy Louisiana, LLC Project), Series 2016-B, 3.50% 2030 | 500 | 524 |
Public Facs. Auth., Rev. Ref. Bonds (Nineteenth Judicial Dist. Court Building Project), Assured Guaranty Municipal insured, 5.00% 2042 | 1,500 | 1,754 |
Public Facs. Auth., Rev. Ref. Bonds (Nineteenth Judicial Dist. Court Building Project), Assured Guaranty Municipal insured, 5.25% 2051 | 1,000 | 1,181 |
Public Facs. Auth., Rev. Ref. Bonds (Ochsner Clinic Foundation Project), Series 2016, 5.00% 2032 | 900 | 1,098 |
Public Facs. Auth., Rev. Ref. Bonds (Ochsner Clinic Foundation Project), Series 2016, 5.00% 2033 | 1,635 | 1,989 |
Parish of St. Charles, Gulf Opportunity Zone Rev. Bonds (Valero Project), Series 2010, 4.00% 2040 (put 2022) | 5,500 | 6,135 |
Parish of St. John the Baptist, Rev. Bonds (Marathon Oil Corp. Project), Series 2007-A, 5.125% 2037 | 2,170 | 2,220 |
St. Tammany Public Trust Fncg. Auth., Rev. Ref. Bonds (Christwood Project), 5.00% 2024 | 625 | 703 |
St. Tammany Public Trust Fncg. Auth., Rev. Ref. Bonds (Christwood Project), 5.25% 2037 | 1,750 | 1,876 |
Tobacco Settlement Fncg. Corp., Tobacco Settlement Asset-Backed Ref. Bonds, Series 2013-A, 5.00% 2026 | 2,500 | 2,582 |
93,743 | ||
Maine 0.33% | ||
Health and Higher Educational Facs. Auth., Rev. Bonds (MaineGeneral Medical Center Issue), 6.75% 2036 | 4,000 | 4,589 |
Health and Higher Educational Facs. Auth., Rev. Bonds (MaineGeneral Medical Center Issue), 6.75% 2041 | 3,375 | 3,867 |
Health and Higher Educational Facs. Auth., Rev. Bonds (MaineGeneral Medical Center Issue), 7.00% 2041 | 1,500 | 1,737 |
Health and Higher Educational Facs. Auth., Rev. Bonds (Eastern Maine Healthcare Systems Obligated Group Issue), Series 2016-A, 5.00% 2041 | 2,250 | 2,612 |
American High-Income Municipal Bond Fund — Page 23 of 52
Bonds, notes & other debt instruments Maine (continued) |
Principal amount (000) |
Value (000) |
Health and Higher Educational Facs. Auth., Rev. Bonds (Eastern Maine Healthcare Systems Obligated Group Issue), Series 2016-A, 5.00% 2046 | $1,250 | $1,446 |
Housing Auth., Mortgage Purchase Rev. Ref. Bonds, Series 2014-C-1, AMT, 3.50% 2044 | 2,420 | 2,585 |
16,836 | ||
Maryland 0.85% | ||
Econ. Dev. Corp., Student Housing Rev. Ref. Bonds (Bowie State University Project), Series 2015, 3.00% 20203 | 830 | 840 |
Community Dev. Administration, Dept. of Housing and Community Dev., Residential Rev. Bonds, Series 2014-B, AMT, 3.25% 2044 |
1,110 | 1,185 |
Community Dev. Administration, Dept. of Housing and Community Dev., Residential Rev. Ref. Bonds, Series 2014-D, AMT, 4.00% 2036 |
4,080 | 4,399 |
Econ. Dev. Corp., Student Housing Rev. Bonds (Towson University Project), Series 2007-A, 5.25% 2037 | 500 | 516 |
Econ. Dev. Corp., Student Housing Rev. Bonds (University of Maryland, College Park Projects), Series 2008, 5.80% 2038 (preref. 2018) | 1,000 | 1,096 |
Econ. Dev. Corp., Student Housing Rev. Bonds (University of Maryland, College Park Projects), Series 2008, 5.875% 2043 (preref. 2018) | 950 | 1,042 |
Econ. Dev. Corp., Student Housing Rev. Ref. Bonds (Frostburg State University Project), Series 2013, 5.00% 2033 |
1,000 | 1,127 |
Econ. Dev. Corp., Student Housing Rev. Ref. Bonds (Morgan State University Project), Series 2012, 5.00% 2034 |
1,500 | 1,660 |
Econ. Dev. Corp., Student Housing Rev. Ref. Bonds (University of Maryland, College Park Projects), Assured Guaranty Municipal insured, 5.00% 2031 | 1,000 | 1,255 |
Econ. Dev. Corp., Student Housing Rev. Ref. Bonds (Bowie State University Project), Series 2015, 5.00% 20253 | 2,100 | 2,348 |
Econ. Dev. Corp., Student Housing Rev. Ref. Bonds (Bowie State University Project), Series 2015, 5.00% 20293 | 1,680 | 1,824 |
G.O. Capital Improvement Bonds, State and Local Facs., Series 2009-B, 5.25% 2016 | 1,835 | 1,839 |
City of Gaithersburg, Econ. Dev. Rev. Ref. Bonds (Asbury Maryland Obligated Group), Series 2006-A, 5.125% 2036 |
1,500 | 1,514 |
Health and Higher Educational Facs. Auth., Rev. Bonds (Mercy Medical Center Issue), Series 2007-A, 5.00% 2037 (preref. 2017) |
5,000 | 5,188 |
Health and Higher Educational Facs. Auth., Rev. Bonds (Mercy Medical Center Issue), Series 2016-A, 5.00% 2035 |
1,750 | 2,113 |
Prince George’s County, Rev. Auth., Special Obligation Bonds (Suitland-Naylor Road Project), Series 2016, 5.00% 20463 | 2,000 | 2,106 |
Prince George’s County, Special Obligation Bonds (National Harbor Project), Series 2004, 5.20% 2034 | 8,006 | 8,016 |
Prince George’s County, Special Tax Dist. Bonds (Victoria Falls Project), Series 2005, 5.25% 2035 | 946 | 954 |
Transportation Auth., Airport Parking Rev. Ref. Bonds (Baltimore/Washington International Thurgood Marshall Airport Projects), Series 2012-B, AMT, 5.00% 2021 | 1,000 | 1,165 |
Transportation Auth., Passenger Fac. Charge Rev. Bonds (Baltimore/Washington International Thurgood Marshall Airport), Series 2014, AMT, Assured Guaranty Municipal insured, 3.50% 2028 | 1,500 | 1,599 |
Mayor and Common Council of Westminster, Project and Rev. Ref. Bonds (Carroll Lutheran Village, Inc.), Series 2014, 5.50% 2044 | 1,500 | 1,686 |
43,472 | ||
Massachusetts 2.27% | ||
Dev. Fin. Agcy., Boston Medical Center Rev. Bonds (Green Bonds), Series 2015-D, 5.00% 2044 | 1,500 | 1,748 |
Dev. Fin. Agcy., Resource Recovery Rev. Ref. Bonds (Covanta Energy Project), Series 2012-B, 4.875% 20423 | 1,500 | 1,531 |
Dev. Fin. Agcy., Resource Recovery Rev. Ref. Bonds (Covanta Energy Project), Series 2012-C, AMT, 5.25% 20423 |
9,250 | 9,426 |
Dev. Fin. Agcy., Rev. Bonds (Emmanuel College Issue), Series 2016-A, 5.00% 2043 | 5,830 | 6,840 |
Dev. Fin. Agcy., Rev. Bonds (Linden Ponds, Inc. Fac.), Series 2011-A-1, 6.25% 2018 | 22 | 23 |
Dev. Fin. Agcy., Rev. Bonds (Linden Ponds, Inc. Fac.), Series 2011-A-1, 6.25% 2021 | 736 | 778 |
Dev. Fin. Agcy., Rev. Bonds (Linden Ponds, Inc. Fac.), Series 2011-A-1, 6.25% 2031 | 3,873 | 4,069 |
Dev. Fin. Agcy., Rev. Bonds (Linden Ponds, Inc. Fac.), Series 2011-A-1, 6.25% 2039 | 4,547 | 4,778 |
Dev. Fin. Agcy., Rev. Bonds (Linden Ponds, Inc. Fac.), Series 2011-A-1, 6.25% 2046 | 12,254 | 12,875 |
Dev. Fin. Agcy., Rev. Bonds (Linden Ponds, Inc. Fac.), Series 2011-A-2, 5.50% 2046 | 870 | 847 |
American High-Income Municipal Bond Fund — Page 24 of 52
Bonds, notes & other debt instruments Massachusetts (continued) |
Principal amount (000) |
Value (000) |
Dev. Fin. Agcy., Rev. Bonds (Linden Ponds, Inc. Fac.), Series 2011-B, 0% 2056 | $4,159 | $33 |
Dev. Fin. Agcy., Rev. Bonds (Partners HealthCare System Issue), Series 2012-L, 5.00% 2041 | 1,000 | 1,167 |
Dev. Fin. Agcy., Rev. Bonds (Umass Memorial Health Care Obligated Group Issue), Series 2016-I, 5.00% 2029 | 1,800 | 2,237 |
Dev. Fin. Agcy., Rev. Bonds (Umass Memorial Health Care Obligated Group Issue), Series 2016-I, 5.00% 2036 | 5,500 | 6,640 |
Dev. Fin. Agcy., Rev. Ref. Bonds (Emerson College Issue), Series 2010-A, 5.00% 2040 | 3,265 | 3,557 |
Dev. Fin. Agcy., Rev. Ref. Bonds (Tufts Medical Center Issue), Series 2011-I, 6.75% 2036 | 11,175 | 13,397 |
Dev. Fin. Agcy., Rev. Ref. Bonds (Tufts Medical Center Issue), Series 2011-I, 6.875% 2041 | 6,000 | 7,239 |
Educational Fncg. Auth., Education Loan Rev. Bonds, Series 2016-J, AMT, 3.50% 2033 | 21,000 | 21,437 |
Educational Fncg. Auth., Education Loan Rev. Bonds, Series 2016-J, AMT, 5.00% 2024 | 5,000 | 5,971 |
Health and Educational Facs. Auth., Rev. Bonds (Umass Memorial Issue), Series 2010-G, 5.00% 2021 | 140 | 159 |
Health and Educational Facs. Auth., Rev. Ref. Bonds (Northeastern University Issue), Series 2010-A, 5.00% 2035 |
1,800 | 2,057 |
Health and Educational Facs. Auth., Rev. Ref. Bonds (Suffolk University Issue), Series 2009-A, 5.75% 2039 (preref. 2019) |
1,000 | 1,116 |
Health and Educational Facs. Auth., Rev. Ref. Bonds (Suffolk University Issue), Series 2009-A, 6.00% 2024 |
1,500 | 1,705 |
Health and Educational Facs. Auth., Rev. Ref. Bonds (Suffolk University Issue), Series 2009-A, 6.25% 2030 |
1,000 | 1,142 |
Housing Fin. Agcy., Single Family Housing Rev. Ref. Bonds, Series 177, AMT, 4.00% 2039 | 2,680 | 2,908 |
Port Auth., Special Facs. Rev. Bonds (Delta Air Lines, Inc. Project), Series 2001-A, AMT, AMBAC-FGIC insured, 5.00% 2027 | 2,000 | 2,008 |
115,688 | ||
Michigan 4.20% | ||
Econ. Dev. Corp. of the City of Dearborn, Limited Obligation Rev. Ref. Bonds (Henry Ford Village, Inc. Project), Series 2008, 7.00% 2038 | 2,500 | 2,561 |
Econ. Dev. Corp. of the City of Dearborn, Limited Obligation Rev. Ref. Bonds (Henry Ford Village, Inc. Project), Series 2008, 7.125% 2043 | 5,000 | 5,131 |
City of Detroit, Water and Sewerage Dept., Sewage Disposal System Rev. Ref. Bonds, Series 2012-A, 5.25% 2039 |
4,850 | 5,565 |
City of Detroit, Water Supply System Rev. Bonds, Series 2011-A, 5.25% 2041 | 8,200 | 9,218 |
School Dist. of the City of Detroit (Wayne County), School Building and Site Improvement Ref. Bonds (Unlimited Tax G.O.), Series 2012-A, 5.00% 2025 | 1,415 | 1,646 |
School Dist. of the City of Detroit (Wayne County), School Building and Site Improvement Ref. Bonds (Unlimited Tax G.O.), Series 2012-A, 5.00% 2026 | 1,000 | 1,159 |
Fin. Auth. Local Government Loan Program Rev. Bonds (Water and Sewerage Dept. Sewage Disposal System Rev. Ref. Local Project), Series 2014-C-1, 5.00% 2044 | 5,000 | 5,640 |
Fin. Auth. Local Government Loan Program Rev. Bonds (Water and Sewerage Dept. Sewage Disposal System Rev. Ref. Local Project), Series 2014-C-6, 5.00% 2033 | 2,000 | 2,340 |
Fin. Auth. Local Government Loan Program Rev. Bonds (Water and Sewerage Dept. Water Supply System Rev. Ref. Local Project), Series 2014-D-4, 5.00% 2034 | 1,000 | 1,166 |
Fin. Auth., Local Government Loan Program Rev. Bonds (Detroit Water and Sewerage Dept., Sewage Disposal System Rev. Ref. Local Project Bonds), Series 2015-C, 5.00% 2032 | 500 | 595 |
Fin. Auth., Local Government Loan Program Rev. Bonds (Detroit Water and Sewerage Dept., Sewage Disposal System Rev. Ref. Local Project Bonds), Series 2015-C, 5.00% 2034 | 2,000 | 2,361 |
Fin. Auth., Local Government Loan Program Rev. Bonds (Detroit Water and Sewerage Dept., Sewage Disposal System Rev. Ref. Local Project Bonds), Series 2015-C, 5.00% 2035 | 1,500 | 1,764 |
Fin. Auth., Local Government Loan Program Rev. Bonds (Detroit Water and Sewerage Dept., Sewage Disposal System Rev. Ref. Local Project Bonds), Series 2015-D-2, 5.00% 2034 | 2,100 | 2,479 |
Fin. Auth., Hospital Rev. Ref. Bonds (Beaumont Health Credit Group), Series 2016-A, 5.00% 2044 | 750 | 895 |
Fin. Auth., Hospital Rev. Ref. Bonds (Mclaren Health Care), Series 2015-B, 5.00% 2035 | 750 | 894 |
Fin. Auth., Hospital Rev. Ref. Bonds (Oakwood Obligated Group), Series 2012, 5.00% 2027 | 1,090 | 1,279 |
Fin. Auth., Local Government Loan Program Rev. Bonds (City of Detroit Fin. Recovery Income Tax Local Project), Series 2014-F-1, 4.50% 2029 | 2,600 | 2,915 |
Fin. Auth., Rev. Bonds (School Dist. of the City of Detroit), Series 2011, 5.50% 2021 | 1,000 | 1,066 |
American High-Income Municipal Bond Fund — Page 25 of 52
Bonds, notes & other debt instruments Michigan (continued) |
Principal amount (000) |
Value (000) |
Fin. Auth., Rev. Ref. Bonds (School Dist. of the City of Detroit), Series 2012, 5.00% 2020 | $1,450 | $1,506 |
Fin. Auth., Rev. Ref. Bonds (Trinity Health Credit Group), 5.00% 2039 | 1,890 | 2,206 |
Fin. Auth., Rev. Ref. Bonds (Trinity Health Credit Group), 5.50% 2026 | 1,250 | 1,624 |
Fin. Auth., Student Loan Rev. Ref. Bonds, Series 25-A, AMT, 4.00% 2030 | 2,550 | 2,696 |
Fin. Auth., Student Loan Rev. Ref. Bonds, Series 25-A, AMT, 4.00% 2031 | 1,000 | 1,054 |
Fin. Auth., Student Loan Rev. Ref. Bonds, Series 25-A, AMT, 5.00% 2022 | 1,500 | 1,738 |
Fin. Auth., Hospital Rev. Ref. Bonds (Crittenton Hospital Medical Center), Series 2012-A, 5.00% 2039 (preref. 2022) |
4,540 | 5,536 |
City of Flint, Hospital Building Auth., Rev. Rental Bonds (Hurley Medical Center), 5.84% 2020 | 400 | 434 |
City of Flint, Hospital Building Auth., Rev. Rental Bonds (Hurley Medical Center), Series 2010, 7.375% 2035 | 1,500 | 1,719 |
City of Flint, Hospital Building Auth., Rev. Rental Bonds (Hurley Medical Center), Series 2010, 7.50% 2039 | 1,750 | 2,006 |
City of Flint, Hospital Building Auth., Rev. Rental Bonds (Hurley Medical Center), Series 2013-A, 5.00% 2023 | 2,000 | 2,139 |
City of Flint, Hospital Building Auth., Rev. Rental Bonds (Hurley Medical Center), Series 2013-A, 5.25% 2028 | 4,000 | 4,189 |
City of Flint, Hospital Building Auth., Rev. Rental Bonds (Hurley Medical Center), Series 2013-A, 5.25% 2039 | 1,000 | 1,032 |
Fin. Auth., Hospital Rev. Ref. Bonds (Crittenton Hospital Medical Center), Series 2012-A, 5.00% 2027 (preref. 2022) |
1,000 | 1,219 |
Hospital Fin. Auth., Hospital Rev. Ref. Bonds (Henry Ford Health System), Series 2009, 5.75% 2039 | 6,110 | 6,980 |
Hospital Fin. Auth., Rev. Bonds (Trinity Health Credit Group), Series 2009-B, 5.00% 2048 | 2,000 | 2,251 |
Econ. Dev. Corp. of the City of Kentwood, Limited Obligation Rev. Ref. Bonds (Holland Home Obligated Group), Series 2012, 5.125% 2032 | 1,000 | 1,006 |
Econ. Dev. Corp. of the City of Kentwood, Limited Obligation Rev. Ref. Bonds (Holland Home Obligated Group), Series 2012, 5.375% 2041 | 1,270 | 1,278 |
Econ. Dev. Corp. of the City of Kentwood, Limited Obligation Rev. Ref. Bonds (Holland Home Obligated Group), Series 2012, 5.625% 2041 | 4,750 | 5,250 |
City of Royal Oak Hospital Fin. Auth., Hospital Rev. Ref. Bonds (William Beaumont Hospital Obligated Group), Series 2009-V, 8.25% 2039 (preref. 2018) | 2,000 | 2,319 |
City of Royal Oak Hospital Fin. Auth., Hospital Rev. Ref. Bonds (William Beaumont Hospital Obligated Group), Series 2014-D, 5.00% 2039 | 1,250 | 1,456 |
City of Saginaw Hospital Fin. Auth., Hospital Rev. Ref. Bonds (Covenant Medical Center, Inc.), Series 2010-H, 5.00% 2030 | 2,700 | 3,046 |
State Building Auth., Rev. Ref. Bonds (Facs. Program), Series 2008-I, 6.00% 2038 | 395 | 439 |
State Building Auth., Rev. Ref. Bonds (Facs. Program), Series 2008-I, 6.00% 2038 (preref. 2018) | 605 | 677 |
State Strategic Fund, Limited Obligation Rev. Bonds (Detroit Renewable Power Project), Series 2013, AMT, 8.50% 20303 | 2,480 | 2,517 |
State Strategic Fund, Limited Obligation Rev. Bonds (Detroit Thermal Project), Series 2013, AMT, 8.50% 20303 | 7,345 | 7,456 |
Strategic Fund, Limited Obligation Rev. Ref. Bonds (Detroit Edison Co. Exempt Facs. Project), Series 2008-KT, 5.625% 2020 |
1,800 | 2,097 |
Tobacco Settlement Fin. Auth., Tobacco Settlement Asset-backed Bonds, Current Interest Bonds, Series 2007-A, 6.00% 2034 |
4,050 | 4,079 |
Tobacco Settlement Fin. Auth., Tobacco Settlement Asset-backed Bonds, Current Interest Bonds, Series 2007-A, 6.00% 2048 |
57,385 | 57,798 |
Tobacco Settlement Fin. Auth., Tobacco Settlement Asset-backed Rev. Ref. Bonds, Current Interest Bonds, Series 2008-A, 6.875% 2042 | 5,440 | 5,616 |
Wayne County, Airport Auth., Rev. Bonds (Detroit Metropolitan Wayne County Airport), Series 2014-C, AMT, 5.00% 2044 | 1,000 | 1,150 |
Wayne County, Airport Auth., Airport Rev. Bonds (Detroit Metropolitan Wayne County Airport), Series 2012-B, AMT, 5.00% 2037 | 2,000 | 2,250 |
Wayne County, Airport Auth., Airport Rev. Ref. Bonds (Detroit Metropolitan Wayne County Airport), Series 2011-A, AMT, 5.00% 2020 |
5,000 | 5,742 |
Wayne County, Airport Auth., Airport Rev. Ref. Bonds (Detroit Metropolitan Wayne County Airport), Series 2012-D, AMT, 5.00% 2028 |
12,000 | 13,820 |
Wayne County, Airport Auth., Airport Rev. Ref. Bonds (Detroit Metropolitan Wayne County Airport), Series 2015-F, AMT, 5.00% 2030 |
3,000 | 3,599 |
Wayne County, Airport Auth., Airport Rev. Ref. Bonds (Detroit Metropolitan Wayne County Airport), Series 2015-F, AMT, 5.00% 2032 |
1,000 | 1,190 |
American High-Income Municipal Bond Fund — Page 26 of 52
Bonds, notes & other debt instruments Michigan (continued) |
Principal amount (000) |
Value (000) |
Wayne County, Airport Auth., Airport Rev. Ref. Bonds (Detroit Metropolitan Wayne County Airport), Series 2015-F, AMT, 5.00% 2033 |
$2,000 | $2,370 |
Wayne County, Airport Auth., Airport Rev. Ref. Bonds (Detroit Metropolitan Wayne County Airport), Series 2015-F, AMT, 5.00% 2034 |
1,500 | 1,771 |
213,929 | ||
Minnesota 0.15% | ||
Housing Fin. Agcy., Residential Housing Fin. Bonds, Series 2013-A, AMT, 3.00% 2031 | 860 | 884 |
Housing Fin. Agcy., Residential Housing Fin. Bonds, Series 2014-C, AMT, 4.00% 2045 | 1,705 | 1,834 |
Housing Fin. Agcy., Residential Housing Fin. Bonds, Series 2015-E, AMT, 3.50% 2046 | 4,750 | 5,066 |
7,784 | ||
Mississippi 0.17% | ||
Dev. Bank, Special Obligation Bonds (Municipal Energy Agcy. of Mississippi Power Supply Project), Series 2015-A, Assured Guaranty Municipal insured, 5.00% 2034 |
1,000 | 1,194 |
Hospital Equipment and Facs. Auth., Rev. Ref. Bonds (Mississippi Baptist Health Systems, Inc.), Series 2007-A, 5.00% 2026 | 1,500 | 1,558 |
Warren County, Gulf Opportunity Zone Bonds (International Paper Co. Project), Series 2011-A, 5.375% 2035 | 5,100 | 5,742 |
8,494 | ||
Missouri 1.85% | ||
Industrial Dev. Auth. of the County of Cape Girardeau, Health Facs. Rev. Bonds (Southeast Missouri Hospital Association), Series 2007, 5.00% 2019 | 1,885 | 1,897 |
Industrial Dev. Auth. of the County of Cape Girardeau, Health Facs. Rev. Bonds (Southeast Missouri Hospital Association), Series 2007, 5.00% 2027 | 1,270 | 1,274 |
Industrial Dev. Auth. of the County of Cape Girardeau, Health Facs. Rev. Bonds (Southeast Missouri Hospital Association), Series 2007, 5.00% 2036 | 650 | 650 |
Industrial Dev. Auth. of the County of Cape Girardeau, Health Facs. Rev. Bonds (Southeast Missouri Hospital Association), Series 2016-A, 6.00% 2033 | 4,980 | 5,483 |
Hawk Ridge Transportation Dev. Dist. (Lake St. Louis), Transportation Sales Tax Rev. Bonds, Series 2006-A, 4.65% 2017 (escrowed to maturity) | 335 | 342 |
Health & Educational Facs. Auth., Rev. Ref. Bonds (St Anthony’s Medical Center), Series 2015-B, 5.00% 2045 | 1,320 | 1,550 |
Health and Educational Facs. Auth., Health Facs. Rev. Bonds (Bethesda Health Group, Inc.), 5.00% 2040 | 1,650 | 1,853 |
Health and Educational Facs. Auth., Health Facs. Rev. Bonds (Bethesda Health Group, Inc.), 5.00% 2045 | 1,300 | 1,456 |
Health and Educational Facs. Auth., Senior Living Facs. Rev. Bonds (Lutheran Senior Services Projects), Series 2010, 5.50% 2042 |
2,000 | 2,195 |
Health and Educational Facs. Auth., Senior Living Facs. Rev. Bonds (Lutheran Senior Services Projects), Series 2011, 6.00% 2041 |
1,000 | 1,156 |
Health and Educational Facs. Auth., Senior Living Facs. Rev. Ref. Bonds (Lutheran Senior Services), 5.00% 2035 |
1,000 | 1,127 |
Health and Educational Facs. Auth., Senior Living Facs. Rev. Ref. Bonds (Lutheran Senior Services), Series 2007-B, 4.875% 2038 |
3,000 | 3,030 |
Health and Educational Facs. Auth., Senior Living Facs. Rev. Ref. Bonds (Lutheran Senior Services), Series 2016-A, 5.00% 2030 |
250 | 299 |
Health and Educational Facs. Auth., Senior Living Facs. Rev. Ref. Bonds (Lutheran Senior Services), Series 2016-A, 5.00% 2036 |
1,100 | 1,287 |
Health and Educational Facs. Auth., Senior Living Facs. Rev. Ref. Bonds (Lutheran Senior Services), Series 2016-A, 5.00% 2046 |
1,675 | 1,954 |
Industrial Dev. Auth. of St. Louis, Senior Living Facs. Rev. Bonds (St. Andrew’s Resources for Seniors Obligated Group), 5.125% 2045 | 4,200 | 4,504 |
Industrial Dev. Auth. of St. Louis, Senior Living Facs. Rev. Bonds (St. Andrew’s Resources for Seniors Obligated Group), Series 2015-A, 5.00% 2025 | 2,080 | 2,339 |
Industrial Dev. Auth. of St. Louis, Senior Living Facs. Rev. Bonds (St. Andrew’s Resources for Seniors Obligated Group), Series 2015-A, 5.00% 2035 | 1,260 | 1,359 |
American High-Income Municipal Bond Fund — Page 27 of 52
Bonds, notes & other debt instruments Missouri (continued) |
Principal amount (000) |
Value (000) |
Industrial Dev. Auth. of the City of Lee’s Summit, Senior Living Facs. Rev. Ref. Bonds (John Knox Village Obligated Group), Series 2007-A, 5.125% 2026 | $7,950 | $8,179 |
Industrial Dev. Auth. of the City of Lee’s Summit, Senior Living Facs. Rev. Ref. Bonds (John Knox Village Obligated Group), Series 2014-A, 5.25% 2039 | 1,250 | 1,437 |
City of St. Louis, Airport Rev. Bonds (Lambert-St. Louis International Airport), Series 2009-A-1, 6.25% 2029 | 2,000 | 2,275 |
City of St. Louis, Airport Rev. Bonds (Lambert-St. Louis International Airport), Series 2009-A-1, 6.625% 2034 | 4,000 | 4,585 |
City of St. Louis, Airport Rev. Ref. Bonds (Lambert-St. Louis International Airport), National insured, 5.50% 2026 |
2,500 | 3,198 |
City of St. Louis, Airport Rev. Ref. Bonds (Lambert-St. Louis International Airport), National insured, 5.50% 2030 |
2,000 | 2,674 |
City of St. Louis, Airport Rev. Ref. Bonds (Lambert-St. Louis International Airport), National insured, 5.50% 2031 |
5,000 | 6,725 |
City of St. Louis, Airport Rev. Ref. Bonds (Lambert-St. Louis International Airport), Series 2005, National insured, 5.50% 2027 |
3,275 | 4,245 |
City of St. Louis, Airport Rev. Ref. Bonds (Lambert-St. Louis International Airport), Series 2005, National insured, 5.50% 2028 |
4,480 | 5,853 |
City of St. Louis, Airport Rev. Ref. Bonds (Lambert-St. Louis International Airport), Series 2005, National insured, 5.50% 2029 |
1,000 | 1,321 |
City of St. Louis, Airport Rev. Ref. Bonds (Lambert-St. Louis International Airport), Series 2007-B, AMT, Assured Guaranty Municipal insured, 5.00% 2027 |
5,490 | 5,676 |
City of St. Louis, Airport Rev. Ref. Bonds (Lambert-St. Louis International Airport), Series 2012, AMT, 5.00% 2032 |
1,685 | 1,865 |
The Industrial Dev. Auth. of the County of St. Louis, Healthcare Facs. Rev. Bonds (Nazareth Living Center), Series 2015-A, 5.00% 2025 | 1,000 | 1,104 |
The Industrial Dev. Auth. of the County of St. Louis, Healthcare Facs. Rev. Bonds (Nazareth Living Center), Series 2015-A, 5.00% 2030 | 1,000 | 1,078 |
The Industrial Dev. Auth. of the County of St. Louis, Healthcare Facs. Rev. Bonds (Nazareth Living Center), Series 2015-A, 5.00% 2035 | 700 | 741 |
The Industrial Dev. Auth. of the County of St. Louis, Healthcare Facs. Rev. Bonds (Nazareth Living Center), Series 2015-A, 5.125% 2045 | 2,000 | 2,106 |
Stoddard County, Industrial Dev. Auth., Health Facs. Rev. Bonds (Southeast Missouri Hospital Association), Series 2016-B, 6.00% 2037 | 4,220 | 4,596 |
Transportation Dev. Dist. (Hazelwood, St. Louis County), Transportation Rev. Bonds (Missouri Bottom Road/Taussig Road), Series 2002, 7.20% 2033 | 3,300 | 2,881 |
94,294 | ||
Nebraska 0.13% | ||
Hospital Auth. No. 2 of Douglas County, Health Facs. Rev. Ref. Bonds (Methodist Health System), Series 2015, 5.00% 2048 | 2,350 | 2,763 |
Hospital Auth. No. 3 of Douglas County, Health Facs. Rev. Ref. Bonds (Methodist Health System), Series 2008, 5.75% 2028 (preref. 2018) | 3,500 | 3,901 |
6,664 | ||
Nevada 1.57% | ||
Clark County, Airport System Rev. Bonds, Series 2007-A-1, AMT, AMBAC insured, 5.00% 2027 | 4,000 | 4,138 |
Clark County, Jet Aviation Fuel Tax Rev. Ref. Bonds, Series 2013-A, AMT, 5.00% 2027 | 2,415 | 2,817 |
Clark County, Jet Aviation Fuel Tax Rev. Ref. Bonds, Series 2013-A, AMT, 5.00% 2028 | 2,000 | 2,321 |
Clark County, Pollution Control Rev. Ref. Bonds (Southern California Edison Company), Series 2010, 1.875% 2031 (put 2020) |
3,000 | 3,075 |
Clark County, Special Improvement Dist. No. 121 (Southern Highlands Area), Local Improvement Rev. Ref. Bonds, Series 2016, 2.50% 2020 | 470 | 487 |
Clark County, Special Improvement Dist. No. 121 (Southern Highlands Area), Local Improvement Rev. Ref. Bonds, Series 2016, 2.50% 2021 | 280 | 289 |
Clark County, Special Improvement Dist. No. 121 (Southern Highlands Area), Local Improvement Rev. Ref. Bonds, Series 2016, 2.75% 2022 | 395 | 410 |
American High-Income Municipal Bond Fund — Page 28 of 52
Bonds, notes & other debt instruments Nevada (continued) |
Principal amount (000) |
Value (000) |
Clark County, Special Improvement Dist. No. 121 (Southern Highlands Area), Local Improvement Rev. Ref. Bonds, Series 2016, 2.75% 2023 | $400 | $413 |
Clark County, Special Improvement Dist. No. 121 (Southern Highlands Area), Local Improvement Rev. Ref. Bonds, Series 2016, 3.00% 2024 | 420 | 438 |
Clark County, Special Improvement Dist. No. 121 (Southern Highlands Area), Local Improvement Rev. Ref. Bonds, Series 2016, 3.00% 2025 | 430 | 444 |
Clark County, Special Improvement Dist. No. 142 (Mountain’s Edge), Local Improvement Ref. Bonds, Series 2012, 5.00% 2020 |
1,325 | 1,440 |
Clark County, Special Improvement Dist. No. 142 (Mountain’s Edge), Local Improvement Ref. Bonds, Series 2012, 5.00% 2021 |
1,425 | 1,562 |
City of Henderson, Health Fac. Rev. Ref. Bonds (Catholic Healthcare West), Series 2007-B, 5.25% 2031 | 2,000 | 2,066 |
City of Henderson, Local Improvement Dist. No. T-16 (Falls at Lake Las Vegas), Limited Obligation Improvement Bonds, 5.00% 2018 | 1,100 | 1,108 |
City of Henderson, Local Improvement Dist. No. T-16 (Falls at Lake Las Vegas), Limited Obligation Improvement Bonds, 5.00% 2019 | 1,370 | 1,379 |
City of Henderson, Local Improvement Dist. No. T-16 (Falls at Lake Las Vegas), Limited Obligation Improvement Bonds, 5.125% 2025 | 3,405 | 3,411 |
City of Henderson, Local Improvement Dist. No. T-17 (Madeira Canyon), Limited Obligation Improvement Bonds, 5.00% 2017 |
910 | 930 |
City of Henderson, Local Improvement Dist. No. T-18 (Inspirada), Limited Obligation Improvement Bonds, 5.00% 2016 | 915 | 916 |
City of Henderson, Local Improvement Dist. No. T-18 (Inspirada), Limited Obligation Improvement Bonds, 5.25% 2026 | 7,620 | 7,581 |
City of Henderson, Local Improvement Dist. No. T-18 (Inspirada), Limited Obligation Improvement Bonds, 5.30% 2035 | 7,195 | 6,491 |
City of Henderson, Public Improvement Trust, Touro College and University System Obligated Group Rev. Bonds, 5.50% 2044 |
1,645 | 1,853 |
City of Las Vegas, Redev. Agcy., Tax Increment Rev. Bonds, Series 2009-A, 8.00% 2030 (preref. 2019) | 7,000 | 8,426 |
City of Las Vegas, Redev. Agcy., Tax Increment Rev. Ref. Bonds, Series 2016, 5.00% 2030 | 1,375 | 1,667 |
City of Las Vegas, Redev. Agcy., Tax Increment Rev. Ref. Bonds, Series 2016, 5.00% 2031 | 1,465 | 1,768 |
City of Las Vegas, Redev. Agcy., Tax Increment Rev. Ref. Bonds, Series 2016, 5.00% 2045 | 1,225 | 1,445 |
City of Las Vegas, Sales Tax Increment Rev. Bonds, Series 2016, 2.75% 20213 | 820 | 821 |
City of Las Vegas, Sales Tax Increment Rev. Bonds, Series 2016, 3.50% 20253 | 1,180 | 1,186 |
City of Las Vegas, Special Improvement Dist. No. 607 (Providence), Local Improvement Ref. Bonds, Series 2013, 4.25% 2024 |
200 | 216 |
City of Las Vegas, Special Improvement Dist. No. 607 (Providence), Local Improvement Ref. Bonds, Series 2013, 5.00% 2022 |
435 | 487 |
City of Las Vegas, Special Improvement Dist. No. 607 (Providence), Local Improvement Ref. Bonds, Series 2013, 5.00% 2023 |
385 | 436 |
City of Las Vegas, Special Improvement Dist. No. 607 (Providence), Local Improvement Ref. Bonds, Series 2013, 5.00% 2024 |
265 | 301 |
City of Las Vegas, Special Improvement Dist. Nos. 808 and 810 (Summerlin Village 23B), Local Improvement and Ref. Bonds, Series 2014, 5.00% 2026 | 995 | 1,071 |
City of Las Vegas, Special Improvement Dist. Nos. 808 and 810 (Summerlin Village 23B), Local Improvement and Ref. Bonds, Series 2014, 5.00% 2028 | 395 | 422 |
City of Las Vegas, Special Improvement Dist. Nos. 808 and 810 (Summerlin Village 23B), Local Improvement and Ref. Bonds, Series 2014, 5.00% 2029 | 695 | 740 |
City of Las Vegas, Special Improvement Dist. Nos. 808 and 810 (Summerlin Village 23B), Local Improvement and Ref. Bonds, Series 2014, 5.00% 2031 | 140 | 148 |
City of Las Vegas, Special Improvement Dist. Nos. 812, Local Improvement and Ref. Bonds (Summerlin Village 24), 5.00% 2026 | 500 | 551 |
City of Las Vegas, Special Improvement Dist. Nos. 812, Local Improvement and Ref. Bonds (Summerlin Village 24), 5.00% 2029 | 1,650 | 1,790 |
City of Las Vegas, Special Improvement Dist. Nos. 812, Local Improvement and Ref. Bonds (Summerlin Village 24), 5.00% 2035 | 1,625 | 1,730 |
American High-Income Municipal Bond Fund — Page 29 of 52
Bonds, notes & other debt instruments Nevada (continued) |
Principal amount (000) |
Value (000) |
City of Reno, Hospital Rev. Bonds (Renown Regional Medical Center Project), Series 2007-A, 5.25% 2037 (preref. 2017) | $3,000 | $3,118 |
Redev. Agcy. of the City of Reno, Tax Increment Bonds, Series 2007-B, 5.00% 2027 | 2,000 | 1,885 |
Redev. Agcy. of the City of Reno, Tax Increment Bonds, Series 2007-C, 5.40% 2027 | 6,875 | 6,336 |
Rural Housing Auth., Single Family Mortgage Rev. Bonds (Mortgage-backed Securities Program), Series 2007-B, AMT, 5.70% 2041 |
235 | 243 |
City of Sparks, Local Improvement Dist. No. 3 (Legends at Sparks Marina), Limited Obligation Improvement Bonds, 6.50% 2020 |
750 | 806 |
City of Sparks, Local Improvement Dist. No. 3 (Legends at Sparks Marina), Limited Obligation Improvement Bonds, 6.75% 2027 |
700 | 739 |
79,901 | ||
New Hampshire 0.11% | ||
Business Fin. Auth., Rev. Bonds (Elliot Hospital Obligated Group Issue), Series 2009-A, 6.125% 2039 | 2,445 | 2,767 |
Health and Education Facs. Auth., Rev. Bonds (Rivermead Issue), Series 2011-A, 6.875% 2041 | 2,625 | 3,033 |
5,800 | ||
New Jersey 4.49% | ||
Camden County, Improvement Auth., Health Care Redev. Project Rev. Bonds (The Cooper Health System Obligated Group Issue), Series 2013-A, 5.75% 2042 | 2,665 | 3,209 |
Camden County, Improvement Auth., Health Care Redev. Project, Rev. Ref. Bonds (The Cooper Health System Obligated Group Issue), Series 2014, 5.00% 2030 | 1,405 | 1,666 |
Camden County, Improvement Auth., Health Care Redev. Project, Rev. Ref. Bonds (The Cooper Health System Obligated Group Issue), Series 2014, 5.00% 2032 | 555 | 652 |
Casino Reinvestment Dev. Auth., Luxury Tax Rev. Bonds, Series 2014, 5.25% 2039 | 2,500 | 2,673 |
Casino Reinvestment Dev. Auth., Luxury Tax Rev. Bonds, Series 2014, Assured Guaranty Municipal insured, 5.00% 2024 | 2,250 | 2,657 |
Casino Reinvestment Dev. Auth., Luxury Tax Rev. Bonds, Series 2014, Assured Guaranty Municipal insured, 5.00% 2026 | 1,500 | 1,748 |
Casino Reinvestment Dev. Auth., Luxury Tax Rev. Bonds, Series 2014, Assured Guaranty Municipal insured, 5.00% 2027 | 1,000 | 1,158 |
Casino Reinvestment Dev. Auth., Luxury Tax Rev. Bonds, Series 2014, Assured Guaranty Municipal insured, 5.00% 2029 | 1,180 | 1,349 |
Econ. Dev. Auth., Energy Fac. Rev. Bonds (UMM Energy Partners, LLC Project), Series 2012-A, AMT, 5.00% 2037 |
7,050 | 7,607 |
Econ. Dev. Auth., Energy Fac. Rev. Bonds (UMM Energy Partners, LLC Project), Series 2012-A, AMT, 5.125% 2043 |
750 | 808 |
Econ. Dev. Auth., Private Activity Bonds (Goethals Bridge Replacement Project), Series 2013, AMT, 5.375% 2043 |
7,725 | 9,016 |
Econ. Dev. Auth., Retirement Community Rev. Ref. Bonds (Seabrook Village, Inc. Fac.), Series 2006, 5.25% 2026 (preref. 2016) |
2,435 | 2,469 |
Econ. Dev. Auth., Retirement Community Rev. Ref. Bonds (Seabrook Village, Inc. Fac.), Series 2006, 5.25% 2036 (preref. 2016) |
500 | 507 |
Econ. Dev. Auth., Rev. Bonds (Provident Group - Montclair Properties LLC - Montclair State University Student Housing Project), Series 2010-A, 5.875% 2042 | 3,500 | 3,956 |
Econ. Dev. Auth., Rev. Ref. Bonds (Provident Group - Rowan Properties L.L.C. - Rowan University Student Housing Project), Series 2015-A, 5.00% 2024 | 1,475 | 1,737 |
Econ. Dev. Auth., Rev. Ref. Bonds (Provident Group - Rowan Properties L.L.C. - Rowan University Student Housing Project), Series 2015-A, 5.00% 2030 | 1,000 | 1,160 |
Econ. Dev. Auth., Rev. Ref. Bonds (Provident Group - Rowan Properties L.L.C. - Rowan University Student Housing Project), Series 2015-A, 5.00% 2035 | 3,750 | 4,279 |
Econ. Dev. Auth., Rev. Ref. Bonds (Provident Group - Rowan Properties L.L.C. - Rowan University Student Housing Project), Series 2015-A, 5.00% 2048 | 2,150 | 2,428 |
Econ. Dev. Auth., School Facs. Construction Bonds, Series 2015-WW, 5.25% 2033 | 2,500 | 2,852 |
Econ. Dev. Auth., School Facs. Construction Bonds, Series 2015-WW, 5.25% 2040 | 850 | 966 |
American High-Income Municipal Bond Fund — Page 30 of 52
Bonds, notes & other debt instruments New Jersey (continued) |
Principal amount (000) |
Value (000) |
Econ. Dev. Auth., School Facs. Construction Rev. Ref. Bonds, Series 2013-I, 2.04% 20282 | $16,000 | $14,435 |
Econ. Dev. Auth., Special Fac. Rev. Bonds (Continental Airlines, Inc. Project), Series 1999, AMT, 5.125% 2023 |
4,525 | 5,116 |
Econ. Dev. Auth., Special Fac. Rev. Bonds (Continental Airlines, Inc. Project), Series 1999, AMT, 5.25% 2029 |
18,500 | 20,769 |
Econ. Dev. Auth., Special Fac. Rev. Bonds (Continental Airlines, Inc. Project), Series 2000-B, AMT, 5.625% 2030 |
1,750 | 2,040 |
Econ. Dev. Auth., Special Fac. Rev. Bonds (Continental Airlines, Inc. Project), Series 2003, AMT, 5.50% 2033 |
3,500 | 4,004 |
Econ. Dev. Auth., Special Fac. Rev. Ref. Bonds (Continental Airlines, Inc. Project), Series 2012, AMT, 5.75% 2027 |
4,500 | 5,179 |
Educational Facs. Auth., Rev. and Rev. Ref. Bonds (Stockton University Issue), Series 2016-A, 5.00% 2030 | 1,770 | 2,131 |
Educational Facs. Auth., Rev. and Rev. Ref. Bonds (Stockton University Issue), Series 2016-A, 5.00% 2032 | 1,000 | 1,194 |
Educational Facs. Auth., Rev. and Rev. Ref. Bonds (Stockton University Issue), Series 2016-A, Assured Guaranty Municipal insured, 5.00% 2034 | 1,000 | 1,210 |
Educational Facs. Auth., Rev. and Rev. Ref. Bonds (Stockton University Issue), Series 2016-A, Assured Guaranty Municipal insured, 5.00% 2035 | 1,000 | 1,206 |
The Essex County Improvement Auth., Solid Waste Disposal Rev. Bonds (Covanta Project), AMT, 5.25% 20453 | 6,000 | 6,286 |
Econ. Dev. Auth., Private Activity Bonds (Goethals Bridge Replacement Project), Series 2013, AMT, 5.625% 2052 |
3,940 | 4,635 |
Health Care Facs. Fncg. Auth., Rev Bonds (Princeton Healthcare Systems Issue), Series 2016-A, 5.00% 2031 | 140 | 175 |
Health Care Facs. Fncg. Auth., Rev Bonds (Princeton Healthcare Systems Issue), Series 2016-A, 5.00% 2034 | 1,000 | 1,230 |
Health Care Facs. Fncg. Auth., Rev. Bonds (AHS Hospital Corp. Issue), Series 2011, 6.00% 2041 | 1,000 | 1,216 |
Health Care Facs. Fncg. Auth., Rev. Ref. Bonds (Barnabas Health Issue), Series 2011-A, 5.625% 2032 | 500 | 594 |
Health Care Facs. Fncg. Auth., Rev. Ref. Bonds (Barnabas Health Issue), Series 2011-A, 5.625% 2037 | 1,070 | 1,257 |
Health Care Facs. Fncg. Auth., Rev. Ref. Bonds (Inspira Health Obligated Group Issue), Series 2016-A, 4.00% 2041 |
2,500 | 2,719 |
Health Care Facs. Fncg. Auth., Rev. Ref. Bonds (St. Peter’s University Hospital Obligated Group Issue), Series 2011, 6.00% 2026 |
2,000 | 2,228 |
Health Care Facs. Fncg. Auth., Rev. Ref. Bonds (St. Peter’s University Hospital Obligated Group Issue), Series 2011, 6.25% 2035 |
3,000 | 3,316 |
Health Care Facs. Fncg. Auth., Rev. Ref. Bonds (University Hospital), Series 2015-A, Assured Guaranty Municipal insured, 5.00% 2046 | 1,075 | 1,268 |
Higher Education Student Assistance Auth., Student Loan Rev. Bonds, Series 2013-1-A, AMT, 3.75% 2026 | 1,000 | 1,059 |
Higher Education Student Assistance Auth., Student Loan Rev. Bonds, Series 2013-1-A, AMT, 4.00% 2020 | 3,000 | 3,255 |
Higher Education Student Assistance Auth., Student Loan Rev. Bonds, Series 2013-1-A, AMT, 5.00% 2021 | 1,500 | 1,718 |
Higher Education Student Assistance Auth., Student Loan Rev. Bonds, Series 2013-1-A, AMT, 5.00% 2022 | 1,000 | 1,160 |
Higher Education Student Assistance Auth., Student Loan Rev. Bonds, Series 2015-1-A, AMT, 4.00% 2027 | 4,000 | 4,350 |
Higher Education Student Assistance Auth., Student Loan Rev. Bonds, Series 2016-1-A, AMT, 3.50% 2032 | 1,375 | 1,390 |
Higher Education Student Assistance Auth., Student Loan Rev. Bonds, Series 2016-1-A, AMT, 4.00% 2039 | 1,250 | 1,297 |
Higher Education Student Assistance Auth., Student Loan Rev. Bonds, Series 2016-1-A, AMT, 5.00% 2022 | 500 | 579 |
Higher Education Student Assistance Auth., Student Loan Rev. Bonds, Series 2016-1-A, AMT, 5.00% 2023 | 1,000 | 1,174 |
Higher Education Student Assistance Auth., Student Loan Rev. Bonds, Series 2016-1-A, AMT, 5.00% 2024 | 1,000 | 1,186 |
Higher Education Student Assistance Auth., Student Loan Rev. Bonds, Series 2016-1-A, AMT, 5.00% 2025 | 1,000 | 1,197 |
The Pollution Control Fncg. Auth. Of Salem County, Pollution Control Rev. Bonds (Philadelphia Electric Company Project), Series 1993-A, AMT, 2.50% 2025 (put 2019) | 1,000 | 1,015 |
South Jersey Transportation Auth., Transportation System Rev. Bonds, Series 2012-A, 5.00% 2026 | 1,920 | 2,205 |
South Jersey Transportation Auth., Transportation System Rev. Bonds, Series 2012-A, 5.00% 2029 | 1,200 | 1,360 |
South Jersey Transportation Auth., Transportation System Rev. Bonds, Series 2014-A, 5.00% 2025 | 400 | 479 |
South Jersey Transportation Auth., Transportation System Rev. Bonds, Series 2014-A, 5.00% 2027 | 990 | 1,173 |
South Jersey Transportation Auth., Transportation System Rev. Bonds, Series 2014-A, 5.00% 2033 | 2,300 | 2,654 |
American High-Income Municipal Bond Fund — Page 31 of 52
Bonds, notes & other debt instruments New Jersey (continued) |
Principal amount (000) |
Value (000) |
South Jersey Transportation Auth., Transportation System Rev. Bonds, Series 2014-A, 5.00% 2039 | $12,650 | $14,378 |
Tobacco Settlement Fncg. Corp., Tobacco Settlement Asset-backed Rev. Ref. Bonds, Series 2007-1-A, 5.00% 2041 |
52,665 | 52,107 |
228,841 | ||
New Mexico 0.41% | ||
Dona Ana County, Improvement Dist. Bonds (Santa Teresa Improvement Dist.-Airport Road Business Center, Phase III), Series 2001-A, 8.375% 2021 | 980 | 996 |
Dona Ana County, Improvement Dist. Bonds (Santa Teresa Improvement Dist.-Border Industrial Park, Phase I & II), Series 2001-B, 8.875% 2021 | 2,315 | 2,357 |
City of Farmington, Pollution Control Rev. Ref. Bonds (Southern California Edison Company Four Corners Project), Series 2005-B, 1.875% 2029 (put 2020) | 3,000 | 3,084 |
Hospital Equipment Loan Council, Rev. Ref. Bonds (Haverland Charter Lifestyle Group), Series 2012, 5.00% 2032 |
2,000 | 2,204 |
Hospital Equipment Loan Council, Rev. Ref. Bonds (Haverland Charter Lifestyle Group), Series 2012, 5.00% 2042 |
4,250 | 4,637 |
Hospital Equipment Loan Council, Hospital Improvement and Rev. Ref. Bonds (Gerald Champion Regional Medical Center Project), 5.50% 2042 | 3,000 | 3,381 |
Mortgage Fin. Auth., Single Family Mortgage Program Bonds, Series 2008-C, Class I, AMT, 6.95% 2039 | 250 | 263 |
Mortgage Fin. Auth., Single Family Mortgage Program Bonds, Series 2009-D, Class I, 5.35% 2040 | 185 | 197 |
Mortgage Fin. Auth., Single Family Mortgage Program Bonds, Series 2016-A-2, Class I, AMT, 3.50% 2046 | 1,800 | 1,932 |
Mortgage Fin. Auth., Single Family Mortgage Program Class I Bonds, Series 2010-A, 4.625% 2025 | 300 | 319 |
Mortgage Fin. Auth., Single Family Mortgage Program Rev. Ref. Bonds, Series 2012-B-1, Class I, AMT, 3.75% 2043 |
1,205 | 1,260 |
20,630 | ||
New York 4.49% | ||
Buffalo and Erie County, Industrial Land Dev. Corp., Rev. Ref. Bonds (Orchard Park CCRC, Inc. Project), 2.00% 2016 |
75 | 75 |
Buffalo and Erie County, Industrial Land Dev. Corp., Obligated Group Rev. Bonds (Catholic Health System, Inc. Project), Series 2015, 5.00% 2040 | 600 | 708 |
Buffalo and Erie County, Industrial Land Dev. Corp., Obligated Group Rev. Bonds (Catholic Health System, Inc. Project), Series 2015, 5.25% 2035 | 500 | 604 |
Build NYC Resource Corp., Rev. Bonds (Bronx Charter School for Excellence Project), Series 2013-A, 5.50% 2043 | 500 | 547 |
Build NYC Resource Corp., Solid Waste Disposal Rev. Bonds (Pratt Paper (NY), Inc. Project), Series 2014, AMT, 5.00% 20353 | 1,150 | 1,309 |
Build NYC Resource Corp., Solid Waste Disposal Rev. Bonds (Pratt Paper (NY), Inc. Project), Series 2014, AMT, 3.75% 20203 | 1,265 | 1,328 |
Build NYC Resource Corp., Solid Waste Disposal Rev. Bonds (Pratt Paper (NY), Inc. Project), Series 2014, AMT, 4.50% 20253 | 450 | 502 |
Build NYC Resources Corp Rev. Ref. Bonds (Albert Einstein School of Medicine, Inc. Project), 5.50% 20453 | 3,300 | 3,972 |
County of Chautauqua, Industrial Dev. Agcy., Exempt Fac. Rev. Bonds (NRG Dunkirk Power Project), Series 2009, 5.875% 2042 |
500 | 543 |
Dobbs Ferry Local Dev. Corp., Rev. Bonds, Series 2014, 5.00% 2044 | 2,600 | 3,054 |
Dormitory Auth., Culinary Institute of America Rev. Bonds, Series 2013, 5.50% 2033 | 500 | 598 |
Dormitory Auth., Icahn School of Medicine at Mount Sinai, Rev. Bonds, Series 2015-A, 5.00% 2040 | 250 | 302 |
Dormitory Auth., Mental Health Services Facs. Improvement Rev. Ref. Bonds, Series 2010-A, 5.00% 2024 | 1,585 | 1,828 |
Dormitory Auth., Mental Health Services Facs. Improvement Rev. Ref. Bonds, Series 2010-A, 5.00% 2024 (preref. 2020) |
5 | 6 |
Dormitory Auth., North Shore-Long Island Jewish Obligated Group, Rev. Ref. Bonds, Series 2011-A, 5.00% 2032 |
4,000 | 4,657 |
Dormitory Auth., Orange Regional Medical Center Obligated Group Rev. Bonds, Series 2008, 6.25% 2037 | 1,120 | 1,224 |
Dormitory Auth., Orange Regional Medical Center Obligated Group Rev. Bonds, Series 2015, 5.00% 20283 | 1,200 | 1,375 |
Dormitory Auth., Orange Regional Medical Center Obligated Group Rev. Bonds, Series 2015, 5.00% 20313 | 500 | 571 |
American High-Income Municipal Bond Fund — Page 32 of 52
Bonds, notes & other debt instruments New York (continued) |
Principal amount (000) |
Value (000) |
Dormitory Auth., Orange Regional Medical Center Obligated Group Rev. Bonds, Series 2015, 5.00% 20323 | $500 | $571 |
Dormitory Auth., Orange Regional Medical Center Obligated Group Rev. Bonds, Series 2015, 5.00% 20333 | 1,200 | 1,370 |
Dormitory Auth., Orange Regional Medical Center Obligated Group Rev. Bonds, Series 2015, 5.00% 20343 | 1,200 | 1,365 |
Dormitory Auth., Orange Regional Medical Center Obligated Group Rev. Bonds, Series 2015, 5.00% 20353 | 1,000 | 1,138 |
Dormitory Auth., State Personal Income Tax Rev. Bonds (Education), Series 2010-E, 5.00% 2017 | 1,000 | 1,025 |
Dormitory Auth., State Personal Income Tax Rev. Bonds (Education), Series 2014-C, 5.00% 2044 | 1,430 | 1,713 |
Dormitory Auth., The New School Rev. Bonds, Series 2015-A, 5.00% 2050 | 1,000 | 1,172 |
Dormitory Auth., Touro College and University System Obligated Group Rev. Bonds, Series 2014-A, 5.50% 2044 |
1,250 | 1,427 |
Dutchess County Local Dev. Corp., Rev. Bonds (Health Quest Systems, Inc. Project), Series 2016-B, 4.00% 2041 |
650 | 710 |
Dutchess County Local Dev. Corp., Rev. Bonds (Health Quest Systems, Inc. Project), Series 2016-B, 5.00% 2046 |
750 | 906 |
City of New York, G.O. Bonds, Series 2010-B, 5.00% 2016 | 8,575 | 8,577 |
Various Purpose G.O. Bonds, Series 2016-A, 5.00% 2027 | 825 | 1,042 |
Hudson Yards Infrastructure Corp., Rev. Bonds, Fiscal 2012 Series A, 5.25% 2047 | 2,500 | 2,880 |
Hudson Yards Infrastructure Corp., Rev. Bonds, Fiscal 2012 Series A, 5.75% 2047 | 3,000 | 3,550 |
Liberty Dev. Corp., Liberty Rev. Ref. Bonds (3 World Trade Center Project), Series 2014, Class 1, 5.00% 20443 | 5,500 | 6,328 |
Liberty Dev. Corp., Liberty Rev. Ref. Bonds (3 World Trade Center Project), Series 2014, Class 2, 5.15% 20343 | 7,500 | 8,464 |
Liberty Dev. Corp., Liberty Rev. Ref. Bonds (3 World Trade Center Project), Series 2014, Class 2, 5.375% 20403 | 3,160 | 3,695 |
Liberty Dev. Corp., Liberty Rev. Ref. Bonds (3 World Trade Center Project), Series 2014, Class 3, 7.25% 20443 | 2,625 | 3,464 |
Liberty Dev. Corp., Liberty Rev. Ref. Bonds (4 World Trade Center Project), Series 2011, 5.75% 2051 | 1,000 | 1,211 |
Liberty Dev. Corp., Liberty Rev. Ref. Bonds (Bank of America Tower at One Bryant Park Project), Series 2010, 6.375% 2049 | 13,360 | 15,216 |
Long Island Power Auth., Electric System General Rev. Bonds, Series 2014-C, 0.977% 2033 (put 2018)2 | 500 | 500 |
Metropolitan Transportation Auth., Transportation Rev. Bonds, Series 2008-B-2, 5.00% 2016 | 1,000 | 1,014 |
City of New York, G.O. Bonds, Fiscal 2014, Series 2014-J, 3.00% 2016 | 4,000 | 4,001 |
City of New York, G.O. Bonds, Series 2013-D, 5.00% 2016 | 3,750 | 3,751 |
New York City Housing Dev. Corp., Multi-family Housing Rev. Bonds, Series 2007-B-1, AMT, 5.05% 2022 | 1,500 | 1,532 |
New York City Housing Dev. Corp., Multi-family Housing Rev. Bonds, Series 2007-B-1, AMT, 5.125% 2032 | 1,000 | 1,032 |
New York City Housing Dev. Corp., Multi-family Housing Rev. Bonds, Series 2007-B-1, AMT, 5.15% 2037 | 500 | 507 |
New York City Industrial Dev. Agcy., Airport Facs. Rev. Ref. Bonds (Transportation Infrastructure Properties, LLC Obligated Group), Series 2012-A, AMT, 5.00% 2028 | 2,000 | 2,236 |
New York City, Municipal Water Fin. Auth., Water and Sewer System Second General Resolution Rev. Bonds, Fiscal 2014, Series 2013-BB, 5.00% 2046 | 3,500 | 4,184 |
New York City Transitional Fin. Auth., Building Aid Rev. Bonds, Fiscal 2012 Series S-1-A, 5.00% 2032 | 750 | 880 |
New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2011 Series C, 5.00% 2039 | 1,000 | 1,161 |
New York City Transitional Fin. Auth., Future Tax Secured Bonds, Series 2014-D-1, 5.00% 2036 | 2,250 | 2,748 |
New York City Transitional Fin. Auth., Future Tax Secured Rev. Ref. Bonds, Series 2011-C, 5.00% 2016 (escrowed to maturity) | 1,250 | 1,265 |
New York City Transitional Fin. Auth., Future Tax Secured Rev. Ref. Bonds, Series 2011-E, 5.00% 2016 | 2,000 | 2,024 |
New York City Transitional Fin. Auth., Future Tax Secured Rev. Ref. Bonds, Series 2014-A1, 5.00% 2037 | 1,000 | 1,233 |
New York City Transitional Fin. Auth., Future Tax Secured Rev. Ref. Bonds, Series 2015-E-1, 5.00% 2041 | 300 | 363 |
New York City, Housing Dev. Corp. Multi-Family Rev. Bonds (8 Spruce Street), Series 2014-E, 3.50% 2048 | 1,600 | 1,661 |
New York City, Housing Dev. Corp. Multi-Family Rev. Bonds (8 Spruce Street), Series 2014-F, 4.50% 2048 | 10,250 | 11,030 |
New York City, Industrial Dev. Agcy., Special Fac. Rev. Bonds (American Airlines, Inc. John F. Kennedy International Airport Project), AMT, 2.00% 2028 | 4,600 | 4,600 |
New York City, Industrial Dev. Agcy., Special Fac. Rev. Bonds (American Airlines, Inc. John F. Kennedy International Airport Project), Series 2005, AMT, 7.625% 2025 | 15,200 | 15,356 |
New York City, Industrial Dev. Agcy., Special Fac. Rev. Bonds (American Airlines, Inc. John F. Kennedy International Airport Project), Series 2005, AMT, 7.75% 2031 | 3,130 | 3,162 |
New York City, Industrial Dev. Agcy., Special Fac. Rev. Bonds (American Airlines, Inc. John F. Kennedy International Airport Project), Series 2005, AMT, 8.00% 2028 | 2,000 | 2,020 |
Niagara Area Dev. Corp. (New York), Solid Waste Disposal Fac. Rev. Ref. Bonds (Covanta Energy Project), Series 2012-A, AMT, 5.25% 20423 | 2,250 | 2,303 |
American High-Income Municipal Bond Fund — Page 33 of 52
Bonds, notes & other debt instruments New York (continued) |
Principal amount (000) |
Value (000) |
Niagara Frontier Transportation Auth., Airport Rev. Ref. Bonds (Buffalo Niagara International Airport), Series 2014-A, AMT, 5.00% 2029 |
$1,200 | $1,405 |
Onondaga Civic Dev. Corp., Rev. Ref. Bonds (St. Joseph’s Hospital Health Center Project), Series 2012, 5.00% 2042 (preref. 2022) |
1,000 | 1,233 |
Onondaga County, Resource Recovery Agcy., Rev. Ref. Bonds, Series 2015-A, AMT, Assured Guaranty Municipal insured, 5.00% 2030 | 1,490 | 1,758 |
Port Auth., Special Project Bonds (JFK International Air Terminal LLC Project), Series 8, 6.00% 2036 | 2,650 | 3,132 |
Port Auth., Special Project Bonds (JFK International Air Terminal LLC Project), Series 8, 6.00% 2042 | 5,500 | 6,482 |
County of Rockland G.O. Bonds, Series 2014-A, Assured Guaranty Municipal insured, 5.00% 2024 | 300 | 367 |
Seneca Nation of Indians, Rev. Bonds, Series A, 5.00% 20233 | 8,585 | 8,794 |
Seneca Nation of Indians, Rev. Bonds, Series A, 5.25% 20163 | 535 | 541 |
Transportation Dev. Corp., Special Fac. Rev. Ref. Bonds (American Airlines, Inc. John F. Kennedy International Airport Project), Series 2016, AMT, 5.00% 2020 | 10,000 | 11,043 |
Transportation Dev. Corp., Special Fac. Rev. Ref. Bonds (American Airlines, Inc. John F. Kennedy International Airport Project), Series 2016, AMT, 5.00% 2026 | 5,000 | 5,565 |
Transportation Dev. Corp., Special Fac. Rev. Ref. Bonds (American Airlines, Inc. John F. Kennedy International Airport Project), Series 2016, AMT, 5.00% 2031 | 4,750 | 5,214 |
Transportation Dev. Corp., Special Facs. Bonds (Laguardia Airport Terminal B Redev. Project), Series 2016-A, AMT 4.00% 2031 | 4,000 | 4,340 |
Transportation Dev. Corp., Special Facs. Bonds (Laguardia Airport Terminal B Redev. Project), Series 2016-A, AMT 4.00% 2032 | 2,000 | 2,152 |
Transportation Dev. Corp., Special Facs. Bonds (Laguardia Airport Terminal B Redev. Project), Series 2016-A, AMT 4.00% 2033 | 4,500 | 4,846 |
Transportation Dev. Corp., Special Facs. Bonds (LaGuardia Airport Terminal B Redev. Project), Series 2016-A, AMT, 5.00% 2041 | 3,250 | 3,737 |
Transportation Dev. Corp., Special Facs. Bonds (LaGuardia Airport Terminal B Redev. Project), Series 2016-A, AMT, 5.00% 2046 | 3,700 | 4,251 |
Transportation Dev. Corp., Special Facs. Bonds (LaGuardia Airport Terminal B Redev. Project), Series 2016-A, AMT, 5.25% 2050 | 2,300 | 2,673 |
Westchester County, Local Dev. Corp., Rev. Bonds (Westchester Medical Center Obligated Group Project), Series 2016, 5.00% 2046 | 3,000 | 3,528 |
228,651 | ||
North Carolina 0.18% | ||
Eastern Municipal Power Agcy., Power System Rev. Ref. Bonds, Series 1993-B, 6.00% 2026 (escrowed to maturity) |
1,000 | 1,410 |
Medical Care Commission, Health Care Facs. First Mortgage Rev. Ref. Bonds (Lutheran Services for the Aging), Series 2012-A, 4.75% 2032 | 1,500 | 1,612 |
Medical Care Commission, Health Care Facs. First Mortgage Rev. Ref. Bonds (Pennybyrn at Maryfield), 5.00% 2020 |
725 | 807 |
Medical Care Commission, Health Care Facs. First Mortgage Rev. Ref. Bonds (Pennybyrn at Maryfield), 5.00% 2030 |
1,900 | 2,120 |
Medical Care Commission, Health Care Facs. First Mortgage Rev. Ref. Bonds (Pennybyrn at Maryfield), 5.00% 2035 |
1,000 | 1,110 |
Medical Care Commission, Retirement Facs. First Mortgage Rev. Bonds (Carolina Village Project), Series 2008-A, 6.00% 2038 |
2,230 | 2,330 |
9,389 |
American High-Income Municipal Bond Fund — Page 34 of 52
Bonds, notes & other debt instruments North Dakota 0.18% |
Principal amount (000) |
Value (000) |
Burleigh County, Health Care Rev. Bonds (St. Alexius Medical Center Project), Series 2014-A, 5.00% 2031 (preref. 2021) | $1,200 | $1,434 |
Burleigh County, Health Care Rev. Bonds (St. Alexius Medical Center Project), Series 2014-A, 5.00% 2035 (preref. 2021) | 500 | 597 |
Housing Fin. Agcy., Housing Fin. Program Bonds (Home Mortgage Fin. Program), Series 2016-B, AMT, 4.00% 2047 |
6,500 | 7,108 |
9,139 | ||
Ohio 5.25% | ||
Air Quality Dev. Auth., Air Quality Dev. Rev. Bonds (FirstEnergy Generation Corp. Project), Series 2009-A, 5.70% 2020 |
1,500 | 1,656 |
Air Quality Dev. Auth., Pollution Control Rev. Ref. Bonds (FirstEnergy Generation Corp. Project), Series 2009-C, 5.625% 2018 |
8,580 | 9,075 |
Air Quality Dev. Auth., Pollution Control Rev. Ref. Bonds (FirstEnergy Nuclear Generation Corp. Project), Series 2014-A, 3.75% 2023 (put 2018) | 1,275 | 1,292 |
Akron, Bath and Copley Joint Township Hospital Dist., Hospital Facs. Rev. Bonds (Akron General Health System), Series 2012, 5.00% 2031 (preref. 2022) | 4,000 | 4,794 |
Akron, Bath, and Copley Joint Township Hospital Dist., Hospital Facs. Rev. Bonds (Akron General Health System), 3.80% 2027 (preref. 2022) | 1,925 | 2,186 |
Buckeye Tobacco Settlement Fncg. Auth., Tobacco Settlement Asset-backed Bonds, Current Interest Bonds, Series 2007-A-2, 5.875% 2030 |
2,350 | 2,350 |
Buckeye Tobacco Settlement Fncg. Auth., Tobacco Settlement Asset-backed Bonds, Current Interest Bonds, Series 2007-A-2, 5.875% 2047 |
105,320 | 105,265 |
Buckeye Tobacco Settlement Fncg. Auth., Tobacco Settlement Asset-backed Bonds, Current Interest Bonds, Series 2007-A-2, 6.50% 2047 |
20,205 | 20,661 |
County of Butler, Hospital Facs. Rev. Bonds (UC Health), Series 2010, 5.50% 2040 | 5,125 | 6,038 |
County of Butler, Hospital Facs. Rev. Bonds (UC Health), Series 2010, 5.75% 2040 | 1,000 | 1,189 |
City of Centerville, Health Care Rev. Ref. Bonds (Bethany Lutheran Village Continuing Care Fac. Expansion Project), Series 2007-A, 6.00% 2038 | 1,000 | 1,032 |
City of Cleveland, Airport System Rev. Ref. Bonds, Series 2000-C, Assured Guaranty Municipal insured, 5.00% 2031 (preref. 2017) |
4,000 | 4,077 |
City of Cleveland, Airport System Rev. Ref. Bonds, Series 2011-A, 5.00% 2020 | 3,535 | 3,976 |
City of Cleveland, Airport System Rev. Ref. Bonds, Series 2012-A, 5.00% 2025 | 1,095 | 1,287 |
City of Cleveland, Airport System Rev. Ref. Bonds, Series 2012-A, 5.00% 2026 | 1,000 | 1,171 |
City of Cleveland, Airport System Rev. Ref. Bonds, Series 2012-A, 5.00% 2027 | 2,300 | 2,681 |
City of Cleveland, Airport System Rev. Ref. Bonds, Series 2012-A, 5.00% 2030 | 1,000 | 1,155 |
City of Cleveland, Airport System Rev. Ref. Bonds, Series 2012-A, 5.00% 2031 | 1,000 | 1,152 |
City of Cleveland, Airport System Rev. Ref. Bonds, Series 2016-A, Assured Guaranty Municipal insured, 5.00% 2027 |
1,000 | 1,231 |
City of Cleveland, Airport System Rev. Ref. Bonds, Series 2016-A, Assured Guaranty Municipal insured, 5.00% 2029 |
2,000 | 2,422 |
County of Cuyahoga, Health Care Facs. Rev. Bonds (Franciscan Communities, Inc. - Mount Alverna Project), Series 2004-D, 6.50% 2034 | 1,315 | 1,348 |
County of Franklin, Health Care Facs. Improvement Rev. Bonds (OPRS Communities), Series 2013-A, 6.125% 2040 |
2,275 | 2,598 |
County of Franklin, Health Care Facs. Improvement Rev. Bonds (Presbyterian Retirement Services Project), Series 2010-A, 5.625% 2026 | 1,850 | 2,055 |
County of Gallia, Hospital Facs. Rev. Ref. and Improvement Bonds (Holzer Health System Obligated Group Project), Series 2012-A, 8.00% 2042 | 10,735 | 13,007 |
County of Hamilton, Healthcare Facs. Rev. Bonds (Christ Hospital Project), Series 2012, 5.00% 2042 | 1,500 | 1,702 |
County of Hamilton, Healthcare Rev. Bonds (Life Enriching Communities Project), Series 2011-A, 6.625% 2046 | 1,000 | 1,169 |
County of Hamilton, Healthcare Rev. Ref. Bonds (Life Enriching Communities Project), Series 2006-A, 5.00% 2037 |
2,000 | 2,020 |
Hospital Rev. Bonds (University Hospitals Health System, Inc. Project), Series 2007-A, 4.50% 2031 (preref. 2017) |
1,000 | 1,019 |
American High-Income Municipal Bond Fund — Page 35 of 52
Bonds, notes & other debt instruments Ohio (continued) |
Principal amount (000) |
Value (000) |
Hospital Rev. Bonds (University Hospitals Health System, Inc. Project), Series 2016-A, 4.00% 2046 | $1,500 | $1,613 |
Hospital Rev. Bonds (University Hospitals Health System, Inc. Project), Series 2016-A, 5.00% 2046 | 500 | 598 |
Hospital Rev. Ref. Bonds (Cleveland Clinic Health System Obligated Group), Series 2012-A, 5.00% 2038 | 1,000 | 1,167 |
County of Lake, Hospital Facs. Rev. Ref. Bonds (Lake Hospital System, Inc.), Series 2008-C, 5.625% 2029 (preref. 2018) |
1,680 | 1,853 |
Licking County, Health Care Facs. Rev. Ref. Bonds (Kendal Granville), Series 2015-A, 6.00% 2050 | 3,470 | 3,836 |
Licking County, Health Care Facs. Rev. Ref. Bonds (Kendal Granville), Series 2015-A, 6.125% 2042 | 8,500 | 9,502 |
County of Muskingum, Hospital Facs. Rev. Ref. Bonds (Genesis HealthCare System Obligated Group Project), Series 2013, 5.00% 2033 | 1,435 | 1,575 |
County of Muskingum, Hospital Facs. Rev. Ref. Bonds (Genesis HealthCare System Obligated Group Project), Series 2013, 5.00% 2044 | 6,000 | 6,548 |
County of Muskingum, Hospital Facs. Rev. Ref. Bonds (Genesis HealthCare System Obligated Group Project), Series 2013, 5.00% 2048 | 2,000 | 2,174 |
Solid Waste Disposal Rev. Bonds (USG Corp. Project), Series 1997, AMT, 5.60% 2032 | 950 | 950 |
Southeastern Ohio Port Auth., Hospital Facs. Rev. Ref. and Improvement Bonds (Memorial Health System Obligated Group Project), Series 2012, 5.75% 2032 | 6,555 | 7,564 |
Southeastern Ohio Port Auth., Hospital Facs. Rev. Ref. and Improvement Bonds (Memorial Health System Obligated Group Project), Series 2012, 6.00% 2042 | 6,200 | 7,139 |
Southeastern Ohio Port Auth., Hospital Facs. Rev. Ref. and Improvement Bonds (Memorial Health System Obligated Group Project), Series 2015, 5.00% 2035 | 850 | 924 |
Southeastern Ohio Port Auth., Hospital Facs. Rev. Ref. and Improvement Bonds (Memorial Health System Obligated Group Project), Series 2015, 5.00% 2043 | 750 | 809 |
Treasurer of State, Tax-Exempt Private Activity Bonds (Portsmouth Bypass Project), Series 2015, AMT, 5.00% 2053 |
6,000 | 6,792 |
Warren County, Healthcare Facs., Rev. Ref. Bonds (Otterbein Homes Obligated Group), Series 2016-A, 5.00% 2040 |
1,575 | 1,847 |
Water Dev. Auth., Pollution Control Rev. Ref. Bonds (FirstEnergy Nuclear Generation Corp. Project), Series 2005-B, 4.00% 2034 (put 2021) |
8,000 | 8,367 |
Water Dev. Auth., Pollution Control Rev. Ref. Bonds (FirstEnergy Nuclear Generation Corp. Project), Series 2014-B, 3.625% 2033 (put 2020) |
2,250 | 2,272 |
Water Quality Dev. Auth., Pollution Control Rev. Ref. Bonds (FirstEnergy Nuclear Generation Corp. Project), Series 2014-B, 4.00% 2033 (put 2019) | 2,000 | 2,040 |
267,178 | ||
Oklahoma 0.81% | ||
Comanche County, Hospital Auth., Hospital Rev. Ref. Bonds, Series 2015, 5.00% 2025 | 2,115 | 2,395 |
Fort Sill Apache OK Tribe Gaming Enterprise, Econ. Dev. Auth., Series 2011-A, 8.50% 20263 | 6,615 | 8,010 |
Housing Fin. Agcy., Single Family Mortgage Rev. Bonds (Homeownership Loan Program), Series 2008-A, AMT, 6.80% 2038 | 185 | 191 |
Trustees of the Tulsa Airports Improvement Trust, General Airport Rev. Bonds, Series 2015-A, AMT, BAM insured, 5.00% 2023 | 800 | 930 |
Trustees of the Tulsa Airports Improvement Trust, General Airport Rev. Bonds, Series 2015-A, AMT, BAM insured, 5.00% 2035 | 1,000 | 1,137 |
Trustees of the Tulsa Airports Improvement Trust, General Airport Rev. Bonds, Series 2015-A, AMT, BAM insured, 5.00% 2045 | 2,480 | 2,808 |
Trustees of the Tulsa Municipal Airport Trust, American Airlines Inc. Rev. Ref. Bonds, Series 2001-B, AMT, 5.50% 2035 |
15,875 | 18,238 |
Trustees of the Tulsa Municipal Airport Trust, American Airlines Inc. Rev. Ref. Bonds, Series 2013-B, AMT, 5.50% 2035 |
120 | 137 |
Tulsa Industrial Auth., Rev. Ref. Bonds (University of Tulsa), Series 2009, 6.00% 2027 | 1,285 | 1,482 |
Trustees of the Tulsa Municipal Airport Trust, Series 2015, AMT, 5.00% 2035 (put 2025) | 5,000 | 5,847 |
41,175 |
American High-Income Municipal Bond Fund — Page 36 of 52
Bonds, notes & other debt instruments Oregon 0.56% |
Principal amount (000) |
Value (000) |
Cow Creek Band of Umpqua Tribe of Indians, Tax Rev. Bonds, Series 2006-C, 5.625% 2026 | $9,915 | $9,957 |
Facs. Auth., Rev. Bonds (University of Portland Projects), Series 2015-A, 5.00% 2034 | 1,000 | 1,195 |
Facs. Auth., Rev. Bonds (University of Portland Projects), Series 2015-A, 5.00% 2035 | 1,145 | 1,363 |
Facs. Auth., Rev. Bonds (University of Portland Projects), Series 2015-A, 5.00% 2045 | 1,500 | 1,783 |
City of Forest Grove, Oregon Campus Improvement Rev. Ref. Bonds (Pacific University Project), Series 2015-A, 5.00% 2030 |
550 | 664 |
Klamath Falls, Intercommunity Hospital Auth., Rev. Ref. Bonds (Sky Lakes Medical Center Project), Series 2016, 5.00% 2027 |
200 | 252 |
Klamath Falls, Intercommunity Hospital Auth., Rev. Ref. Bonds (Sky Lakes Medical Center Project), Series 2016, 5.00% 2028 |
265 | 332 |
Klamath Falls, Intercommunity Hospital Auth., Rev. Ref. Bonds (Sky Lakes Medical Center Project), Series 2016, 5.00% 2029 |
235 | 293 |
Klamath Falls, Intercommunity Hospital Auth., Rev. Ref. Bonds (Sky Lakes Medical Center Project), Series 2016, 5.00% 2030 |
200 | 248 |
Klamath Falls, Intercommunity Hospital Auth., Rev. Ref. Bonds (Sky Lakes Medical Center Project), Series 2016, 5.00% 2031 |
200 | 247 |
Klamath Falls, Intercommunity Hospital Auth., Rev. Ref. Bonds (Sky Lakes Medical Center Project), Series 2016, 5.00% 2032 |
270 | 333 |
The Hospital Fac. Auth. of Polk County, Rev. Bonds (Dallas Retirement Village Project), Series 2015-A, 5.50% 2050 |
5,080 | 5,383 |
Port of Portland, Portland International Airport Rev. Bonds, Subseries 20-C, AMT, 5.00% 2028 | 4,000 | 4,539 |
Yamhill County, Hospital Auth., Rev. and Rev. Ref. Bonds (Friendsview Retirement Community), Series 2016-A, 5.00% 2036 | 325 | 358 |
Yamhill County, Hospital Auth., Rev. and Rev. Ref. Bonds (Friendsview Retirement Community), Series 2016-A, 5.00% 2046 | 1,000 | 1,095 |
Yamhill County, Hospital Auth., Rev. and Rev. Ref. Bonds (Friendsview Retirement Community), Series 2016-A, 5.00% 2051 | 455 | 494 |
28,536 | ||
Pennsylvania 5.25% | ||
Allegheny County, Hospital Dev. Auth., University of Pittsburgh Medical Center Rev. Bonds, Series 2007-A-1, 1.247% 20372 | 6,000 | 5,533 |
Beaver County, Industrial Dev. Auth., Pollution Control Rev. Ref. Bonds (FirstEnergy Nuclear Generation Project), Series 2005-A, 4.00% 2035 (put 2021) | 4,700 | 4,842 |
Chester County, Health and Education, Facs. Auth. Rev. Bonds (Simpson Senior Services Project), Series 2015-A, 5.00% 2030 |
1,000 | 1,076 |
Chester County, Health and Education, Facs. Auth. Rev. Bonds (Simpson Senior Services Project), Series 2015-A, 5.00% 2035 |
1,000 | 1,053 |
Chester County, Health and Education, Facs. Auth. Rev. Bonds (Simpson Senior Services Project), Series 2015-A, 5.25% 2045 |
1,400 | 1,478 |
Delaware County Auth. (Commonwealth of Pennsylvania), Hospital Rev. Bonds (Crozer-Chester Medical Center Obligated Group), 5.00% 2031 (preref. 2016) | 1,760 | 1,790 |
Cumberland County, Municipal Auth., Rev. Bonds (Diakon Lutheran Social Ministries Project), Series 2016, 5.00% 2030 | 1,000 | 1,202 |
Cumberland County, Municipal Auth., Rev. Bonds (Diakon Lutheran Social Ministries Project), Series 2016, 5.00% 2032 | 890 | 1,062 |
Cumberland County, Municipal Auth., Rev. Bonds (Diakon Lutheran Social Ministries Project), Series 2016, 5.00% 2033 | 1,610 | 1,916 |
Dauphin County General Auth., Health System Rev. Bonds (Pinnacle Health System Project), Series 2016-A, 5.00% 2034 | 1,245 | 1,522 |
Dauphin County, General Auth., Health System Rev. Bonds (Pinnacle Health System Project), Series 2016-A, 5.00% 2036 | 500 | 603 |
Delaware River Port Auth., Port Dist. Project Rev. Ref. Bonds, Series 2012, 5.00% 2023 | 2,420 | 2,828 |
East Hempfield Township, Industrial Dev. Auth., Rev. and Rev. Ref. Bonds (Willow Valley Communities Project), 5.00% 2027 | 500 | 612 |
American High-Income Municipal Bond Fund — Page 37 of 52
Bonds, notes & other debt instruments Pennsylvania (continued) |
Principal amount (000) |
Value (000) |
East Hempfield Township, Industrial Dev. Auth., Rev. and Rev. Ref. Bonds (Willow Valley Communities Project), 5.00% 2028 | $900 | $1,097 |
East Hempfield Township, Industrial Dev. Auth., Rev. and Rev. Ref. Bonds (Willow Valley Communities Project), 5.00% 2029 | 300 | 364 |
East Hempfield Township, Industrial Dev. Auth., Rev. Bonds (Student Services, Inc. Student Housing Project at Millersville University of Pennsylvania), Series 2013, 5.00% 2035 | 1,000 | 1,111 |
East Hempfield Township, Industrial Dev. Auth., Rev. Bonds (Student Services, Inc. Student Housing Project at Millersville University of Pennsylvania), Series 2013, 5.00% 2045 | 2,750 | 3,030 |
East Hempfield Township, Industrial Dev. Auth., Rev. Bonds (Student Services, Inc. Student Housing Project at Millersville University of Pennsylvania), Series 2014, 5.00% 2029 | 730 | 833 |
East Hempfield Township, Industrial Dev. Auth., Rev. Bonds (Student Services, Inc. Student Housing Project at Millersville University of Pennsylvania), Series 2014, 5.00% 2034 | 875 | 982 |
East Hempfield Township, Industrial Dev. Auth., Rev. Bonds (Student Services, Inc. Student Housing Project at Millersville University of Pennsylvania), Series 2014, 5.00% 2039 | 440 | 489 |
East Hempfield Township, Industrial Dev. Auth., Rev. Bonds (Student Services, Inc. Student Housing Project at Millersville University of Pennsylvania), Series 2014, 5.00% 2046 | 2,850 | 3,155 |
East Hempfield Township, Industrial Dev. Auth., Rev. Bonds (Student Services, Inc. Student Housing Project at Millersville University of Pennsylvania), Series 2015, 5.00% 2025 | 4,905 | 5,795 |
East Hempfield Township, Industrial Dev. Auth., Rev. Bonds (Student Services, Inc. Student Housing Project at Millersville University of Pennsylvania), Series 2015, 5.00% 2030 | 825 | 949 |
East Hempfield Township, Industrial Dev. Auth., Rev. Bonds (Student Services, Inc. Student Housing Project at Millersville University of Pennsylvania), Series 2015, 5.00% 2047 | 2,500 | 2,794 |
Econ. Dev. Fncg. Auth., Solid Waste Disposal Rev. Bonds (Waste Management, Inc. Project), Series 2013, AMT, 0.85% 2045 (put 2016)2 | 1,000 | 1,000 |
Econ. Dev. Fncg. Auth., Exempt Facs. Rev. Ref. Bonds (PPL Energy Supply, LLC Project), Series 2009-C, 5.00% 2037 (put 2020) |
7,000 | 7,273 |
Econ. Dev. Fncg. Auth., Private Activity Rev. Bonds (The Pennsylvania Rapid Bridge Replacement Project), Series 2015, AMT, 5.00% 2029 | 7,500 | 9,050 |
Econ. Dev. Fncg. Auth., Private Activity Rev. Bonds (The Pennsylvania Rapid Bridge Replacement Project), Series 2015, AMT, 5.00% 2034 | 9,200 | 10,890 |
Econ. Dev. Fncg. Auth., Private Activity Rev. Bonds (The Pennsylvania Rapid Bridge Replacement Project), Series 2015, AMT, 5.00% 2038 | 8,250 | 9,742 |
Econ. Dev. Fncg. Auth., Private Activity Rev. Bonds (The Pennsylvania Rapid Bridge Replacement Project), Series 2015, AMT, 5.00% 2042 | 1,250 | 1,471 |
Higher Education Facs. Auth., Rev. Bonds (Thomas Jefferson University), Series 2015-A, 5.25% 2050 | 2,400 | 2,874 |
Higher Educational Facs. Auth., Rev. Bonds (Edinboro University Foundation Student Housing Project), 5.80% 2030 |
750 | 820 |
Higher Educational Facs. Auth., Rev. Bonds (Edinboro University Foundation Student Housing Project), Series 2008, 5.75% 2028 |
2,500 | 2,631 |
Higher Educational Facs. Auth., Rev. Bonds (Edinboro University Foundation Student Housing Project), Series 2008, 5.875% 2038 |
11,400 | 11,942 |
Higher Educational Facs. Auth., Rev. Bonds (Edinboro University Foundation Student Housing Project), Series 2008, 6.00% 2042 |
1,000 | 1,050 |
Higher Educational Facs. Auth., Rev. Bonds (Edinboro University Foundation Student Housing Project), Series 2010, 6.00% 2043 |
6,400 | 7,027 |
Higher Educational Facs. Auth., Rev. Bonds (Shippensburg University Student Services, Inc. Student Housing Project at Shippensburg University of Pennsylvania), Series 2011, 6.25% 2043 | 4,690 | 5,419 |
Higher Educational Facs. Auth., Rev. Bonds (Shippensburg University Student Services, Inc. Student Housing Project at Shippensburg University of Pennsylvania), Series 2012, 5.00% 2030 | 1,000 | 1,116 |
Higher Educational Facs. Auth., Rev. Bonds (Shippensburg University Student Services, Inc. Student Housing Project at Shippensburg University of Pennsylvania), Series 2012, 5.00% 2044 | 4,260 | 4,664 |
Higher Educational Facs. Auth., Rev. Bonds (University Properties, Inc. Student Housing Project at East Stroudsburg University of Pennsylvania), Series 2010, 5.00% 2031 | 2,375 | 2,547 |
Higher Educational Facs. Auth., Rev. Bonds (University Properties, Inc. Student Housing Project at East Stroudsburg University of Pennsylvania), Series 2010, 5.00% 2042 | 7,890 | 8,398 |
American High-Income Municipal Bond Fund — Page 38 of 52
Bonds, notes & other debt instruments Pennsylvania (continued) |
Principal amount (000) |
Value (000) |
Higher Educational Facs. Auth., Rev. Bonds (University Properties, Inc. Student Housing Project at East Stroudsburg University of Pennsylvania), Series 2016-A, 5.00% 2026 | $570 | $683 |
Higher Educational Facs. Auth., Rev. Bonds (University Properties, Inc. Student Housing Project at East Stroudsburg University of Pennsylvania), Series 2016-A, 5.00% 2031 | 750 | 884 |
Higher Educational Facs. Auth., University of Pennsylvania Health System, Rev. Bonds, Series 2011-A, 5.75% 2041 |
1,500 | 1,827 |
Lancaster County, Hospital Auth., Health Center Rev. Ref. Bonds (Landis Homes Retirement Community Project), Series 2015-A, 5.00% 2045 | 1,500 | 1,712 |
Lancaster Industrial Dev. Auth., Rev. Bonds (Garden Spot Village Project), Series 2013, 5.75% 2035 | 1,000 | 1,154 |
Lehigh County General Purpose Auth., Hospital Rev. Bonds (Saint Luke’s Hospital of Bethlehem Project), Series 2007, 1.34% 20332 | 540 | 488 |
Lycoming County, Auth., Health System Rev. Bonds (Susquehanna Health System Project), Series 2009-A, 5.75% 2039 | 4,500 | 5,111 |
Montgomery County, Higher Education and Health Auth., Hospital Rev. Bonds (Abington Memorial Hospital Obligated Group), Series 2012-A, 5.00% 2031 | 3,145 | 3,633 |
Montgomery County, Industrial Dev. Auth., Health Systems Rev. Bonds (Albert Einstein Healthcare Network Issue), Series 2015-A, 5.25% 2036 | 4,690 | 5,366 |
Montgomery County, Industrial Dev. Auth., Health Systems Rev. Bonds (Albert Einstein Healthcare Network Issue), Series 2015-A, 5.25% 2045 | 9,125 | 10,476 |
Montgomery County, Industrial Dev. Auth., Health Systems Rev. Bonds (Albert Einstein Healthcare Network Issue), Series 2015-A, 5.25% 2046 | 1,060 | 1,216 |
Montgomery County, Industrial Dev. Auth., Mortgage Rev. Bonds (Whitemarsh Continuing Care Retirement Community Project), Series 2008, 7.00% 2036 | 2,000 | 2,194 |
Montgomery County, Industrial Dev. Auth., Pollution Control Rev. Ref. Bonds (PECO Energy Company Project), Series 2001-A, AMT, 2.70% 2034 (put 2020) | 1,000 | 1,021 |
Montgomery County, Industrial Dev. Auth., Retirement Communities Rev. Bonds (ACTS Retirement-Life Communities, Inc. Obligated Group), Series 2009-A-1, 6.25% 2029 | 725 | 854 |
Montgomery County, Industrial Dev. Auth., Retirement Communities Rev. Ref. Bonds (ACTS Retirement-Life Communities, Inc. Obligated Group), Series 2006-B, 5.00% 2022 | 2,610 | 2,645 |
Montgomery County, Industrial Dev. Auth., Retirement Communities Rev. Ref. Bonds (ACTS Retirement-Life Communities, Inc. Obligated Group), Series 2012, 5.00% 2027 | 2,500 | 2,893 |
Montgomery County, Industrial Dev. Auth., Retirement Communities Rev. Ref. Bonds (ACTS Retirement-Life Communities, Inc. Obligated Group), Series 2012, 5.00% 2028 | 2,800 | 3,230 |
Montgomery County, Industrial Dev. Auth., Retirement Communities Rev. Bonds (ACTS Retirement-Life Communities, Inc. Obligated Group), Series 2016, 5.00% 2036 | 6,250 | 7,483 |
Montgomery County, Industrial Dev. Auth., Rev. Bonds (Foulkeways at Gwynedd Project), Series 2016, 4.00% 2039 |
1,060 | 1,108 |
Montgomery County, Industrial Dev. Auth., Rev. Bonds (Foulkeways at Gwynedd Project), Series 2016, 5.00% 2030 |
350 | 421 |
Montgomery County, Industrial Dev. Auth., Rev. Bonds (Foulkeways at Gwynedd Project), Series 2016, 5.00% 2046 |
325 | 380 |
Northampton County, General Purpose Auth., Hospital Rev. Bonds (St. Luke’s University Health Network Project), Series 2016-A, 4.00% 2040 | 5,000 | 5,339 |
Hospitals and Higher Education Facs. Auth. of Philadelphia, Hospital Rev. Bonds (Temple University Health System Obligated Group), Series 2012-A, 5.625% 2042 | 11,545 | 12,991 |
Hospitals and Higher Education Facs. Auth. of Philadelphia, Hospital Rev. Ref. Bonds (Temple University Health System Obligated Group), Series 2007-A, 5.00% 2034 | 6,380 | 6,492 |
Hospitals and Higher Education Facs. Auth. of Philadelphia, Hospital Rev. Ref. Bonds (Temple University Health System Obligated Group), Series 2012-A, 5.625% 2036 | 3,885 | 4,387 |
Hospitals and Higher Education Facs. Auth. of Philadelphia, Hospital Rev. Ref. Bonds (Temple University Health System Obligated Group), Series 2012-B, 5.00% 2017 | 500 | 516 |
Hospitals and Higher Education Facs. Auth. of Philadelphia, Hospital Rev. Ref. Bonds (Temple University Hospital), Series 2007-B, 5.00% 2017 | 440 | 450 |
Public Fin. Auth., Exempt Facs. Ref. Rev. Bonds (National Gypsum Company), Series 2014, AMT, 5.50% 2044 | 4,500 | 5,082 |
Susquehanna Area Regional Airport Auth., Airport System Rev. Bonds, Series 2012-A, AMT, 5.00% 2019 | 3,630 | 3,894 |
American High-Income Municipal Bond Fund — Page 39 of 52
Bonds, notes & other debt instruments Pennsylvania (continued) |
Principal amount (000) |
Value (000) |
Susquehanna Area Regional Airport Auth., Airport System Rev. Bonds, Series 2012-A, AMT, 5.00% 2020 | $3,855 | $4,230 |
Susquehanna Area Regional Airport Auth., Airport System Rev. Bonds, Series 2012-A, AMT, 5.00% 2023 | 4,120 | 4,767 |
Susquehanna Area Regional Airport Auth., Airport System Rev. Bonds, Series 2012-A, AMT, 5.00% 2027 | 10,210 | 11,490 |
Turnpike Commission, Turnpike Rev. Bonds, Series 2013-A, 1.04% 20172 | 1,000 | 999 |
Turnpike Commission, Turnpike Rev. Bonds, Series 2016-A-1, 5.00% 2046 | 2,500 | 2,982 |
Turnpike Commission, Turnpike Rev. Bonds, Series 2016-A-2, 1.027% 20182 | 8,000 | 8,001 |
Redev. Auth. of the County of Washington, Redev. Bonds (Victory Centre Project - Tanger Outlet Dev.), Series 2006-A, 5.45% 2035 |
4,995 | 5,060 |
West Shore Area Auth., Rev. Bonds (Messiah Village Project), Series 2015-A, 5.00% 2035 | 1,500 | 1,706 |
267,195 | ||
Puerto Rico 3.38% | ||
Aqueduct and Sewer Auth., Rev. Ref. Bonds, Series 2008-A, Assured Guaranty insured, 5.125% 2047 | 585 | 606 |
Aqueduct and Sewer Auth., Rev. Ref. Bonds, Series 2012-A, 5.125% 2037 | 1,540 | 1,085 |
Aqueduct and Sewer Auth., Rev. Ref. Bonds, Series 2012-A, 5.25% 2042 | 31,815 | 22,416 |
Aqueduct and Sewer Auth., Rev. Ref. Bonds, Series 2012-A, 5.75% 2037 | 100 | 72 |
Electric Power Auth., Power Rev. Bonds, Series 2003-NN, National insured, 5.25% 2023 | 370 | 389 |
Electric Power Auth., Power Rev. Bonds, Series 2005-RR, Assured Guaranty insured, 5.00% 2028 | 135 | 135 |
Electric Power Auth., Power Rev. Bonds, Series 2005-RR, National insured, 5.00% 2023 | 480 | 486 |
Electric Power Auth., Power Rev. Bonds, Series 2007-TT, 5.00% 2037 | 2,500 | 1,679 |
Electric Power Auth., Power Rev. Bonds, Series 2007-VV, National insured, 5.25% 2024 | 520 | 547 |
Electric Power Auth., Power Rev. Bonds, Series 2007-VV, National insured, 5.25% 2032 | 3,960 | 4,149 |
Electric Power Auth., Power Rev. Bonds, Series 2010-CCC, 5.25% 2028 | 500 | 336 |
Electric Power Auth., Power Rev. Bonds, Series 2010-XX, 5.25% 2040 | 2,050 | 1,377 |
Electric Power Auth., Power Rev. Bonds, Series 2013-A, 7.00% 2033 | 2,000 | 1,349 |
Electric Power Auth., Power Rev. Bonds, Series 2013-A, 7.00% 2040 | 295 | 199 |
Electric Power Auth., Power Rev. Bonds, Series 2013-A, 7.00% 2043 | 405 | 273 |
Electric Power Auth., Power Rev. Ref. Bonds, Series 2003-NN, National insured, 4.75% 2033 | 510 | 503 |
Electric Power Auth., Power Rev. Ref. Bonds, Series UU, Assured Guaranty Municipal insured, 0.953% 20292 | 19,235 | 13,892 |
Electric Power Auth., Power Rev. Ref. Bonds, Series WW, 5.50% 2038 | 110 | 74 |
Public Improvement Bonds (G.O. Bonds), Series 2001-A, National insured, 5.50% 2020 | 460 | 489 |
Public Improvement Ref. Bonds (G.O. Bonds), Series 2007-A-4, Assured Guaranty Municipal insured, 5.00% 2031 |
2,680 | 2,776 |
Public Improvement Rev. Ref. Bonds (G.O. Bonds), Series 2002-A, National insured, 5.50% 2021 | 615 | 654 |
Highways and Transportation Auth., Transportation Rev. Ref. Bonds, Series 2007-N, Assured Guaranty insured, 5.25% 2034 | 4,250 | 4,528 |
Highways and Transportation Auth., Transportation Rev. Ref. Bonds, Series 2007-N, Assured Guaranty insured, 5.25% 2036 | 11,085 | 11,771 |
Highways and Transportation Auth., Highway Rev. Ref. Bonds, Series 2003-AA1, Assured Guaranty Municipal insured, 4.95% 2026 | 545 | 556 |
Highways and Transportation Auth., Highway Rev. Ref. Bonds, Series 2007-CC, Assured Guaranty insured, 5.50% 2031 | 1,755 | 1,919 |
Highways and Transportation Auth., Transportation Rev. Bonds, Series 2003-G, 5.00% 2042 | 4,205 | 1,072 |
Highways and Transportation Auth., Transportation Rev. Bonds, Series 2004-J, 4.80% 2024 | 30 | 8 |
Highways and Transportation Auth., Transportation Rev. Bonds, Series 2005-K, 4.50% 2035 | 30 | 8 |
Highways and Transportation Auth., Transportation Rev. Bonds, Series 2005-K, 5.00% 2018 | 40 | 10 |
Highways and Transportation Auth., Transportation Rev. Bonds, Series 2005-K, 5.00% 2027 | 35 | 9 |
Highways and Transportation Auth., Transportation Rev. Bonds, Series 2007-M, 5.00% 2032 | 60 | 15 |
Highways and Transportation Auth., Transportation Rev. Ref. Bonds, Series 2005-L, National insured 5.25% 2035 |
295 | 303 |
Highways and Transportation Auth., Transportation Rev. Ref. Bonds, Series 2007, Assured Guaranty Municipal insured 5.50% 2025 | 1,740 | 1,885 |
Highways and Transportation Auth., Transportation Rev. Ref. Bonds, Series 2007-N, 5.50% 2021 | 45 | 11 |
Industrial, Tourist, Educational, Medical and Environmental Control Facs. Fncg. Auth., Higher Education Rev. and Rev. Ref. Bonds (Ana G. Méndez University System Project), 5.00% 2036 | 180 | 160 |
American High-Income Municipal Bond Fund — Page 40 of 52
Bonds, notes & other debt instruments Puerto Rico (continued) |
Principal amount (000) |
Value (000) |
Industrial, Tourist, Educational, Medical and Environmental Control Facs. Fncg. Auth., Higher Education Rev. and Rev. Ref. Bonds (Ana G. Méndez University System Project), 5.50% 2031 | $235 | $227 |
Industrial, Tourist, Educational, Medical and Environmental Control Facs. Fncg. Auth., Higher Education Rev. and Rev. Ref. Bonds (Ana G. Méndez University System Project), Series 2006, 5.00% 2021 | 2,620 | 2,594 |
Industrial, Tourist, Educational, Medical and Environmental Control Facs. Fncg. Auth., Higher Education Rev. and Rev. Ref. Bonds (Ana G. Méndez University System Project), Series 2006, 5.00% 2026 | 875 | 835 |
Industrial, Tourist, Educational, Medical and Environmental Control Facs. Fncg. Auth., Higher Education Rev. and Rev. Ref. Bonds (Ana G. Méndez University System Project), Series 2012, 5.00% 2027 | 1,850 | 1,735 |
Industrial, Tourist, Educational, Medical and Environmental Control Facs. Fncg. Auth., Higher Education Rev. and Rev. Ref. Bonds (Ana G. Méndez University System Project), Series 2012, 5.375% 2042 | 3,450 | 3,156 |
Industrial, Tourist, Educational, Medical and Environmental Control Facs. Fncg. Auth., Higher Education Rev. and Rev. Ref. Bonds (Inter American University of Puerto Rico Project), Series 2004, National insured, 4.25% 2024 | 550 | 550 |
Industrial, Tourist, Educational, Medical and Environmental Control Facs. Fncg. Auth., Higher Education Rev. and Rev. Ref. Bonds (Inter American University of Puerto Rico Project), Series 2012, 5.00% 2016 | 1,700 | 1,703 |
Industrial, Tourist, Educational, Medical and Environmental Control Facs. Fncg. Auth., Higher Education Rev. and Rev. Ref. Bonds (Inter American University of Puerto Rico Project), Series 2012, 5.00% 2019 | 500 | 512 |
Industrial, Tourist, Educational, Medical and Environmental Control Facs. Fncg. Auth., Higher Education Rev. and Rev. Ref. Bonds (Inter American University of Puerto Rico Project), Series 2012, 5.00% 2020 |
2,985 | 3,074 |
Industrial, Tourist, Educational, Medical and Environmental Control Facs. Fncg. Auth., Higher Education Rev. and Rev. Ref. Bonds (Inter American University of Puerto Rico Project), Series 2012, 5.00% 2021 | 1,985 | 2,052 |
Industrial, Tourist, Educational, Medical and Environmental Control Facs. Fncg. Auth., Higher Education Rev. and Rev. Ref. Bonds (Inter American University of Puerto Rico Project), Series 2012, 5.00% 2022 | 1,000 | 1,037 |
Industrial, Tourist, Educational, Medical and Environmental Control Facs. Fncg. Auth., Higher Education Rev. and Rev. Ref. Bonds (Inter American University of Puerto Rico Project), Series 2012, 5.00% 2031 | 1,500 | 1,468 |
Industrial, Tourist, Educational, Medical and Environmental Control Facs. Fncg. Auth., Higher Education Rev. and Rev. Ref. Bonds (University of the Sacred Heart Project), 4.00% 2024 | 300 | 228 |
Industrial, Tourist, Educational, Medical and Environmental Control Facs. Fncg. Auth., Higher Education Rev. and Rev. Ref. Bonds (University of the Sacred Heart Project), Series 2012, 3.00% 2018 | 355 | 319 |
Industrial, Tourist, Educational, Medical and Environmental Control Facs. Fncg. Auth., Higher Education Rev. and Rev. Ref. Bonds (University of the Sacred Heart Project), Series 2012, 4.00% 2023 | 960 | 737 |
Industrial, Tourist, Educational, Medical and Environmental Control Facs. Fncg. Auth., Higher Education Rev. and Rev. Ref. Bonds (University of the Sacred Heart Project), Series 2012, 4.00% 2026 | 795 | 586 |
Industrial, Tourist, Educational, Medical and Environmental Control Facs. Fncg. Auth., Higher Education Rev. and Rev. Ref. Bonds (University of the Sacred Heart Project), Series 2012, 4.125% 2027 | 995 | 733 |
Industrial, Tourist, Educational, Medical and Environmental Control Facs. Fncg. Auth., Higher Education Rev. and Rev. Ref. Bonds (University of the Sacred Heart Project), Series 2012, 4.375% 2031 | 1,200 | 871 |
Industrial, Tourist, Educational, Medical and Environmental Control Facs. Fncg. Auth., Higher Education Rev. and Rev. Ref. Bonds (University of the Sacred Heart Project), Series 2012, 5.00% 2016 | 790 | 787 |
Industrial, Tourist, Educational, Medical and Environmental Control Facs. Fncg. Auth., Higher Education Rev. and Rev. Ref. Bonds (University of the Sacred Heart Project), Series 2012, 5.00% 2020 | 50 | 42 |
Industrial, Tourist, Educational, Medical and Environmental Control Facs. Fncg. Auth., Higher Education Rev. and Rev. Ref. Bonds (University of the Sacred Heart Project), Series 2012, 5.00% 2042 | 2,280 | 1,655 |
Industrial, Tourist, Educational, Medical and Environmental Control Facs. Fncg. Auth., Higher Education Rev. Ref. Bonds (Ana G. Méndez University System Project), Series 2002, 5.375% 2021 | 100 | 100 |
Industrial, Tourist, Educational, Medical and Environmental Control Facs. Fncg. Auth., Hospital Rev. and Rev. Ref. Bonds (Hospital Auxilio Mutuo Obligated Group Project), Series 2011-A, 5.00% 2018 | 355 | 369 |
Industrial, Tourist, Educational, Medical and Environmental Control Facs. Fncg. Auth., Hospital Rev. and Rev. Ref. Bonds (Hospital Auxilio Mutuo Obligated Group Project), Series 2011-A, 5.00% 2021 | 1,285 | 1,396 |
Industrial, Tourist, Educational, Medical and Environmental Control Facs. Fncg. Auth., Hospital Rev. and Rev. Ref. Bonds (Hospital Auxilio Mutuo Obligated Group Project), Series 2011-A, 6.00% 2033 | 12,025 | 12,393 |
Sales Tax Fncg. Corp., Sales Tax Rev. Bonds, Series 2007-A, National insured, 0% 2041 | 11,760 | 2,718 |
Sales Tax Fncg. Corp., Sales Tax Rev. Bonds, Series 2007-A, National insured, 0% 2042 | 29,640 | 6,525 |
Sales Tax Fncg. Corp., Sales Tax Rev. Bonds, Series 2007-A, National insured, 0% 2045 | 8,660 | 1,596 |
Sales Tax Fncg. Corp., Sales Tax Rev. Bonds, Series 2007-A, National insured, 0% 2046 | 4,350 | 759 |
American High-Income Municipal Bond Fund — Page 41 of 52
Bonds, notes & other debt instruments Puerto Rico (continued) |
Principal amount (000) |
Value (000) |
Sales Tax Fncg. Corp., Sales Tax Rev. Bonds, Series 2009-A, 4.00% 2016 | $105 | $98 |
Sales Tax Fncg. Corp., Sales Tax Rev. Bonds, Series 2011-A-1, 5.25% 2043 | 2,845 | 1,384 |
Sales Tax Fncg. Corp., Sales Tax Rev. Ref. Bonds, Series 2007-A, AMBAC insured, 0% 2047 | 8,000 | 1,159 |
Sales Tax Fncg. Corp., Sales Tax Rev. Ref. Bonds, Series 2007-A, AMBAC insured, 0% 2054 | 75,585 | 7,454 |
Sales Tax Fncg. Corp., Sales Tax Rev. Ref. Bonds, Series 2007-A, FGIC-National insured, 0% 2040 | 7,705 | 1,872 |
Sales Tax Fncg. Corp., Sales Tax Rev. Ref. Bonds, Series 2007-A, National insured, 0% 2043 | 49,000 | 10,125 |
Sales Tax Fncg. Corp., Sales Tax Rev. Ref. Bonds, Series 2007-A, National insured, 0% 2044 | 46,595 | 9,131 |
University of Puerto Rico, University System Rev. Bonds, Series 2006-Q, 5.00% 2024 | 65 | 26 |
University of Puerto Rico, University System Rev. Bonds, Series 2006-Q, 5.00% 2030 | 10 | 4 |
University of Puerto Rico, University System Rev. Ref. Bonds, Series 2006-P, 5.00% 2017 | 30 | 17 |
University of Puerto Rico, University System Rev. Ref. Bonds, Series 2006-P, 5.00% 2019 | 1,470 | 628 |
University of Puerto Rico, University System Rev. Ref. Bonds, Series 2006-P, 5.00% 2022 | 1,390 | 560 |
University of Puerto Rico, University System Rev. Ref. Bonds, Series 2006-P, 5.00% 2023 | 5,665 | 2,264 |
University of Puerto Rico, University System Rev. Ref. Bonds, Series 2006-P, 5.00% 2024 | 4,000 | 1,592 |
University of Puerto Rico, University System Rev. Ref. Bonds, Series 2006-P, 5.00% 2026 | 2,395 | 949 |
University of Puerto Rico, University System Rev. Ref. Bonds, Series 2006-P, 5.00% 2030 | 1,910 | 754 |
University of Puerto Rico, University System Rev. Ref. Bonds, Series 2006-P, National insured, 5.00% 2024 | 50 | 50 |
University of Puerto Rico, University System Rev. Ref. Bonds, Series 2006-P, National insured, 5.00% 2025 | 60 | 60 |
University of Puerto Rico, University System Rev. Ref. Bonds, Series 2006-Q, 5.00% 2017 | 1,000 | 553 |
University of Puerto Rico, University System Rev. Ref. Bonds, Series 2006-Q, 5.00% 2018 | 1,855 | 853 |
University of Puerto Rico, University System Rev. Ref. Bonds, Series 2006-Q, 5.00% 2018 | 10 | 5 |
University of Puerto Rico, University System Rev. Ref. Bonds, Series 2006-Q, 5.00% 2019 | 2,490 | 1,064 |
University of Puerto Rico, University System Rev. Ref. Bonds, Series 2006-Q, 5.00% 2020 | 7,130 | 2,996 |
University of Puerto Rico, University System Rev. Ref. Bonds, Series 2006-Q, 5.00% 2021 | 520 | 214 |
University of Puerto Rico, University System Rev. Ref. Bonds, Series 2006-Q, 5.00% 2022 | 4,010 | 1,617 |
171,927 | ||
Rhode Island 0.47% | ||
Commerce Corp., Airport Rev. Bonds, Series 2016-D, 5.00% 2030 | 500 | 607 |
Commerce Corp., Airport Rev. Bonds, Series 2016-D, 5.00% 2041 | 500 | 596 |
Health and Educational Building Corp., Hospital Fncg. Rev. Bonds (Care New England Issue), Series 2013-A, 6.00% 2033 | 1,250 | 1,457 |
Health and Educational Building Corp., Hospital Fncg. Rev. Ref. Bonds (Lifespan Obligated Group Issue), Series 2016, 5.00% 2029 | 1,380 | 1,663 |
Health and Educational Building Corp., Hospital Fncg. Rev. Ref. Bonds (Lifespan Obligated Group Issue), Series 2016, 5.00% 2030 | 1,500 | 1,801 |
Health and Educational Building Corp., Hospital Fncg. Rev. Ref. Bonds (Lifespan Obligated Group Issue), Series 2016, 5.00% 2031 | 1,750 | 2,092 |
Health and Educational Building Corp., Hospital Fncg. Rev. Ref. Bonds (Lifespan Obligated Group Issue), Series 2016, 5.00% 2033 | 1,500 | 1,775 |
Health and Educational Building Corp., Hospital Fncg. Rev. Ref. Bonds (Lifespan Obligated Group Issue), Series 2016, 5.00% 2034 | 1,600 | 1,889 |
Student Loan Auth., Student Loan Program Rev. Bonds, Series 2014-A, AMT, 4.75% 2028 | 800 | 868 |
Student Loan Auth., Student Loan Program Rev. Bonds, Series 2014-A, AMT, 4.75% 2029 | 400 | 433 |
Student Loan Auth., Student Loan Program Rev. Bonds, Series 2015-A, AMT, 3.625% 2026 | 1,000 | 1,031 |
Student Loan Auth., Student Loan Program Rev. Bonds, Series 2015-A, AMT, 4.00% 2027 | 2,500 | 2,669 |
Student Loan Auth., Student Loan Program Rev. Bonds, Series 2015-A, AMT, 4.00% 2028 | 1,000 | 1,063 |
Student Loan Auth., Student Loan Program Rev. Bonds, Series 2016-A, AMT, 3.125% 2027 | 1,500 | 1,513 |
Student Loan Auth., Student Loan Program Rev. Bonds, Series 2016-A, AMT, 3.25% 2028 | 1,500 | 1,518 |
Student Loan Auth., Student Loan Program Rev. Bonds, Series 2016-A, AMT, 3.375% 2029 | 2,815 | 2,864 |
23,839 |
American High-Income Municipal Bond Fund — Page 42 of 52
Bonds, notes & other debt instruments South Carolina 0.97% |
Principal amount (000) |
Value (000) |
Connector 2000 Association Inc., Toll Road Rev., Series 2011-A-1, 0% 2032 | $1,460 | $483 |
Connector 2000 Association Inc., Toll Road Rev., Series 2011-A-1, 0% 2042 | 14,708 | 2,367 |
Housing Fin. and Dev. Auth., Mortgage Rev. Bonds, Series 2016-B-2, AMT, 4.00% 2043 | 5,500 | 6,008 |
Jobs-Econ. Dev. Auth., First Mortgage Health Care Facs., Rev. and Rev. Ref. Bonds (The Lutheran Homes of South Carolina, Inc.), Series 2007, 5.625% 2042 | 6,000 | 6,065 |
Jobs-Econ. Dev. Auth., First Mortgage Health Facs. Rev. Ref. Bonds (Wesley Commons Project), Series 2006, 5.00% 2016 | 410 | 412 |
Jobs-Econ. Dev. Auth., First Mortgage Health Facs. Rev. Ref. Bonds (Wesley Commons Project), Series 2006, 5.125% 2026 | 2,485 | 2,491 |
Jobs-Econ. Dev. Auth., First Mortgage Health Facs. Rev. Ref. Bonds (Wesley Commons Project), Series 2006, 5.30% 2036 | 2,015 | 2,019 |
Jobs-Econ. Dev. Auth., Student Housing Rev. Bonds (Coastal Housing Foundation, LLC Project), Series 2009-A, 6.50% 2042 (preref. 2020) |
6,000 | 7,235 |
City of Myrtle Beach, Tax Increment Bonds (Myrtle Beach Air Force Base Redev. Project Area), Series 2006-A, 5.25% 2026 | 2,205 | 2,207 |
City of Myrtle Beach, Tax Increment Bonds (Myrtle Beach Air Force Base Redev. Project Area), Series 2006-A, 5.30% 2035 | 6,000 | 6,006 |
Public Service Auth., Rev. Obligations (Santee Cooper), Series 2014-A, 5.50% 2054 | 2,250 | 2,713 |
Public Service Auth., Rev. Obligations (Santee Cooper), Series 2015-E, 5.25% 2055 | 1,500 | 1,817 |
Public Service Auth., Rev. Obligations (Santee Cooper), Tax-Exempt Ref. and Improvement Series 2016-B, 5.00% 2056 | 5,200 | 6,144 |
Public Service Auth., Rev. Ref. Obligations (Santee Cooper), Series 2016-C, 5.00% 2033 | 1,000 | 1,219 |
Public Service Auth., Rev. Ref. Obligations (Santee Cooper), Series 2016-C, 5.00% 2035 | 2,000 | 2,427 |
49,613 | ||
South Dakota 0.08% | ||
Health and Educational Facs. Auth., Rev. Bonds (Sanford), Series 2014-B, 5.00% 2044 | 800 | 941 |
Housing Dev. Auth., Homeownership Mortgage Bonds, Series 2014-A, AMT, 4.00% 2044 | 1,925 | 2,053 |
Housing Dev. Auth., Homeownership Mortgage Rev. Ref. Bonds, Series 2012-D, AMT, 4.00% 2029 | 1,055 | 1,126 |
4,120 | ||
Tennessee 0.76% | ||
Chattanooga-Hamilton County, Hospital Auth., Hospital Rev. Ref. Bonds (Erlanger Health System), Series 2014, 5.00% 2039 |
4,315 | 4,995 |
Health and Educational Facs. Board of the Metropolitan Government of Nashville and Davidson County, Rev. Bonds (Vanderbilt University Medical Center), Series 2016-A, 5.00% 2035 | 1,250 | 1,524 |
Health and Educational Facs. Board of the Metropolitan Government of Nashville and Davidson County, Rev. Bonds (Vanderbilt University Medical Center), Series 2016-A, 5.00% 2040 | 700 | 846 |
Housing Dev. Agcy., Residential Fin. Program Bonds, Series 2014-2-A, AMT, 4.00% 2045 | 3,195 | 3,454 |
Housing Dev. Agcy., Residential Fin. Program Bonds, Series 2016-1-A, AMT, 3.50% 2047 | 4,000 | 4,305 |
Memphis-Shelby County, Airport Auth., Airport Rev. Ref. Bonds, Series 2010-B, AMT, 5.50% 2019 | 2,500 | 2,816 |
Memphis-Shelby County, Airport Auth., Airport Rev. Ref. Bonds, Series 2010-B, AMT, 5.625% 2020 | 1,685 | 1,966 |
Memphis-Shelby County, Airport Auth., Airport Rev. Ref. Bonds, Series 2010-B, AMT, 5.75% 2024 | 1,000 | 1,151 |
Memphis-Shelby County, Airport Auth., Airport Rev. Ref. Bonds, Series 2010-B, AMT, 5.75% 2025 | 1,000 | 1,147 |
Memphis-Shelby County, Airport Auth., Airport Rev. Ref. Bonds, Series 2011-A-1, AMT, 6.00% 2021 | 1,495 | 1,818 |
Memphis-Shelby County, Airport Auth., Airport Rev. Ref. Bonds, Series 2011-A-1, AMT, 6.00% 2022 | 1,000 | 1,214 |
Health, Educational and Housing Fac. Board of the County of Shelby, Residential Care Fac. Mortgage Rev. Ref. Bonds (Village at Germantown), Series 2012, 5.375% 2047 |
1,735 | 1,852 |
Health, Educational and Housing Facs. Board of the County of Sullivan, Hospital Rev. Bonds (Wellmont Health System Project), Series 2006-C, 5.25% 2036 |
6,000 | 6,022 |
Tennessee Energy Acquisition Corp., Gas Project Rev. Bonds, Series 2006-C, 5.00% 2020 | 5,000 | 5,645 |
38,755 |
American High-Income Municipal Bond Fund — Page 43 of 52
Bonds, notes & other debt instruments Texas 6.97% |
Principal amount (000) |
Value (000) |
Arlington Higher Education Fin. Corp., Education Rev. Bonds (Uplift Education), Series 2016-A, 2.75% 2026 | $2,910 | $2,947 |
Arlington Higher Education Fin. Corp., Education Rev. Bonds (Uplift Education), Series 2016-A, 5.00% 2036 | 315 | 370 |
Arlington Higher Education Fin. Corp., Education Rev. Bonds (Uplift Education), Series 2016-A, 5.00% 2046 | 1,100 | 1,277 |
Arlington Higher Education Fin. Corp., Education Rev. Bonds (Uplift Education), Series 2016-A, 5.00% 2051 | 1,100 | 1,272 |
City of Austin, Texas, Airport System Rev. Bonds, Series 2014, AMT, 5.00% 2044 | 2,750 | 3,182 |
Brazoria County, Health Facs. Dev. Corp., Hospital Rev. Ref. Bonds (Brazosport Regional Health System), Series 2012, 5.25% 2032 | 750 | 881 |
Brazos River Harbor Navigation Dist. of Brazoria County, Environmental Facs. Rev. Ref. Bonds (Dow Chemical Co. Project), Series 2002-A-4, AMT, 5.95% 2033 | 24,545 | 26,887 |
Brazos River Auth., Pollution Control Rev. Ref. Bonds (Texas Utilities Electric Co. Project), Series 1999-A, AMT, 7.70% 20334 | 8,400 | 142 |
Brazos River Auth., Pollution Control Rev. Ref. Bonds (Texas Utilities Electric Co. Project), Series 1999-C, AMT, 7.70% 20324 | 2,200 | 37 |
Brazos River Auth., Pollution Control Rev. Ref. Bonds (TXU Electric Co. Project), Series 2001-A, AMT, 8.25% 20304 |
14,500 | 246 |
Brazos River Auth., Pollution Control Rev. Ref. Bonds (TXU Energy Co. LLC Project), Series 2003-B, AMT, 6.30% 20324 |
1,700 | 29 |
City of Brownsville, Utilities System Rev. Ref. Bonds, Series 2016, Assured Guaranty Municipal insured, 5.00% 2026 |
1,000 | 1,285 |
Central Texas Regional Mobility Auth., Rev. Bonds, Series 2011, 6.00% 2041 (preref. 2021) | 3,000 | 3,665 |
Central Texas Regional Mobility Auth., Rev. Bonds, Series 2011, 6.25% 2046 (preref. 2021) | 2,200 | 2,712 |
Central Texas Regional Mobility Auth., Rev. Ref. Bonds, Series 2010, 5.75% 2025 (preref. 2020) | 3,500 | 4,086 |
Central Texas Regional Mobility Auth., Rev. Ref. Bonds, Series 2015-A, 5.00% 2040 | 1,295 | 1,540 |
Central Texas Regional Mobility Auth., Rev. Ref. Bonds, Series 2015-A, 5.00% 2045 | 1,000 | 1,184 |
Central Texas Regional Mobility Auth., Rev. Ref. Bonds, Series 2016, 5.00% 2046 | 1,750 | 2,072 |
HFDC of Central Texas, Inc., Retirement Fac. Rev. Bonds (Legacy at Willow Bend Project), Series 2006-A, 5.625% 2026 | 1,000 | 1,007 |
HFDC of Central Texas, Inc., Retirement Fac. Rev. Bonds (Legacy at Willow Bend Project), Series 2006-A, 5.75% 2036 | 1,000 | 1,006 |
HFDC of Central Texas, Inc., Retirement Fac. Rev. Bonds (Village at Gleannloch Farms, Inc. Project), Series 2006-A, 5.50% 2027 (preref. 2017) |
1,800 | 1,848 |
HFDC of Central Texas, Inc., Retirement Fac. Rev. Bonds (Village at Gleannloch Farms, Inc. Project), Series 2006-A, 5.50% 2037 (preref. 2017) |
1,850 | 1,899 |
Transportation Commission, Central Texas Turnpike System Rev. Ref. Bonds, Series 2015-C, 5.00% 2030 | 2,000 | 2,384 |
Transportation Commission, Central Texas Turnpike System Rev. Ref. Bonds, Series 2015-C, 5.00% 2032 | 5,000 | 5,918 |
Transportation Commission, Central Texas Turnpike System Rev. Ref. Bonds, Series 2015-C, 5.00% 2037 | 5,000 | 5,834 |
Cities of Dallas and Fort Worth, Dallas/Fort Worth International Airport, Joint Rev. Improvement Bonds, Series 2012-D, AMT, 5.00% 2042 |
9,000 | 10,230 |
Decatur Hospital Auth., Hospital Rev. Bonds (Wise Regional Health System), Series 2014-A, 5.25% 2044 | 1,500 | 1,636 |
Decatur Hospital Auth., Hospital Rev. Bonds (Wise Regional Health System), Series 2014-A, 5.00% 2034 | 1,500 | 1,628 |
Fort Bend County Industrial Dev. Corp., Industrial Dev. Rev. Bonds (NRG Energy, Inc. Project), Series 2012-A, 4.75% 2038 | 7,015 | 7,706 |
Fort Bend County Industrial Dev. Corp., Industrial Dev. Rev. Bonds (NRG Energy, Inc. Project), Series 2012-B, 4.75% 2042 | 6,585 | 7,218 |
Gregg County, Health Facs., Dev. Corp., Hospital Rev. Bonds (Good Shepherd Health System Obligated Group), Series 2012-C, 5.00% 2032 | 925 | 1,017 |
Gregg County, Health Facs. Dev. Corp., Hospital Rev. Bonds, (Good Shepherd Medical Center Project), Series 2006-A, 5.00% 2016 |
1,000 | 1,004 |
Gulf Coast Industrial Dev. Auth., Solid Waste Disposal Rev. Bonds (CITGO Petroleum Corp. Project), Series 1995, AMT, 4.875% 2025 |
6,000 | 6,443 |
Harris County, Cultural Education Facs. Fin. Corp., First Mortgage Rev. Bonds (Brazos Presbyterian Homes, Inc. Project), Series 2013-A, 5.00% 2033 | 275 | 295 |
Harris County, Cultural Education Facs. Fin. Corp., First Mortgage Rev. Bonds (Brazos Presbyterian Homes, Inc. Project), Series 2013-A, 5.00% 2038 | 510 | 545 |
American High-Income Municipal Bond Fund — Page 44 of 52
Bonds, notes & other debt instruments Texas (continued) |
Principal amount (000) |
Value (000) |
Harris County, Cultural Education Facs. Fin. Corp., First Mortgage Rev. Bonds (Brazos Presbyterian Homes, Inc. Project), Series 2013-A, 5.00% 2043 | $1,240 | $1,327 |
Harris County, Cultural Education Facs. Fin. Corp., First Mortgage Rev. Bonds (Brazos Presbyterian Homes, Inc. Project), Series 2013-B, 7.00% 2048 | 5,350 | 6,413 |
Harris County Cultural Education Facs. Fin. Corp., Rev. Ref. Bonds (Young Men’s Christian Assn. of the Greater Houston Area), Series 2013-A, 5.00% 2033 | 1,400 | 1,578 |
Harris County Cultural Education Facs. Fin. Corp., Rev. Ref. Bonds (Young Men’s Christian Assn. of the Greater Houston Area), Series 2013-A, 5.00% 2038 | 3,500 | 3,918 |
Harris County, Health Facs. Dev. Corp., Hospital Rev. Ref. Bonds (Memorial Hermann Healthcare System), Series 2008-B, 7.25% 2035 (preref. 2018) | 2,250 | 2,594 |
Harris County, Industrial Dev. Corp., Solid Waste Disposal Rev. Bonds (Deer Park Refining Limited Partnership Project), Series 2006, 5.00% 2023 | 1,000 | 1,119 |
Harris County, Sports Auth., Rev. Ref. Bonds, Series 2014-A, 0% 2042 | 1,000 | 358 |
Harris County, Sports Auth., Rev. Ref. Bonds, Series 2014-A, 0% 2050 | 1,500 | 353 |
Harris County, Sports Auth., Rev. Ref. Bonds, Series 2014-A, 5.00% 2053 | 1,000 | 1,150 |
Harris County, Toll Road Rev. Ref. Bonds, Series 2009-B, 4.00% 2016 | 1,000 | 1,006 |
Harrison County, Health Facs., Dev. Corp., Hospital Rev. Bonds (Good Shepherd Health System), Series 2010, 4.00% 2017 | 155 | 157 |
Harrison County, Health Facs., Dev. Corp., Hospital Rev. Bonds (Good Shepherd Health System), Series 2010, 5.25% 2028 | 2,500 | 2,712 |
Dept. of Housing and Community Affairs, Residential Mortgage Rev. Bonds, Series 2009-A, 5.375% 2039 | 215 | 223 |
City of Houston, Airport System Rev. Ref. Bonds, Series 2012-A, AMT, 5.00% 2032 | 1,000 | 1,138 |
City of Houston, Airport System Special Facs. Rev. Bonds (Continental Airlines, Inc. Terminal Improvement Projects), Series 2011, AMT, 6.50% 2030 | 9,300 | 10,912 |
City of Houston, Airport System Special Facs. Rev. Bonds (Continental Airlines, Inc. Terminal Improvement Projects), Series 2011, AMT, 6.625% 2038 | 3,000 | 3,508 |
City of Houston, Airport System Special Facs. Rev. Ref. Bonds (United Airlines, Inc. Airport Improvement Projects), Series 2015-B-1, AMT, 5.00% 2030 | 3,000 | 3,452 |
City of Houston, Airport System Special Facs. Rev. Ref. Bonds (United Airlines, Inc. Airport Improvement Projects), Series 2015-C, AMT, 5.00% 2020 | 11,335 | 12,612 |
City of Houston, Airport System Special Facs. Rev. Ref. Bonds (United Airlines, Inc. Terminal E Project), Series 2014, AMT, 4.75% 2024 |
5,500 | 6,327 |
City of Houston, Airport System Special Facs. Rev. Ref. Bonds (United Airlines, Inc. Terminal E Project), Series 2014, AMT, 5.00% 2029 |
6,310 | 7,160 |
City of Kerrville, Health Facs. Dev. Corp., Hospital Rev. Bonds (Peterson Regional Medical Center Project), 5.00% 2024 | 1,000 | 1,215 |
City of Kerrville, Health Facs. Dev. Corp., Hospital Rev. Bonds (Peterson Regional Medical Center Project), 5.00% 2025 | 1,000 | 1,230 |
City of Kerrville, Health Facs. Dev. Corp., Hospital Rev. Bonds (Peterson Regional Medical Center Project), 5.00% 2030 | 3,450 | 4,112 |
City of Kerrville, Health Facs. Dev. Corp., Hospital Rev. Bonds (Peterson Regional Medical Center Project), 5.00% 2035 | 700 | 811 |
La Vernia Higher Education Fin. Corp., Education Rev. Bonds (KIPP, Inc.), Series 2009-A, 6.375% 2044 (preref. 2019) |
1,000 | 1,168 |
Love Field Airport Modernization Corp., Special Facs. Rev. Bonds (Southwest Airlines Co. - Love Field Modernization Program Project), Series 2010, 5.25% 2040 | 2,750 | 3,139 |
Lower Colorado River Auth., Rev. Ref. Bonds, Series 2015-D, 5.00% 2031 | 2,000 | 2,437 |
Lower Colorado River Auth., Transmission Contract Rev. Ref. Bonds (LCRA Transmission Services Corp. Project), Series 2016, 5.00% 2028 | 1,400 | 1,771 |
Matagorda County, Navigation Dist. Number One, Rev. Ref. Bonds (Houston Lighting & Power Co. Project), Series 1997, AMT, AMBAC insured, 5.125% 2028 | 3,280 | 4,182 |
Midlothian Dev. Auth., Tax Increment Contract Rev. Ref. Bonds, Series 2007-B, 5.125% 2026 | 650 | 652 |
Mission Econ. Dev. Corp., Rev. Bonds (Natgasoline Project), Series 2016-A, AMT, 5.75% 20313 | 3,500 | 3,736 |
Mission Econ. Dev. Corp., Rev. Bonds (Natgasoline Project), Series 2016-B, AMT, 5.75% 20313 | 14,165 | 15,142 |
American High-Income Municipal Bond Fund — Page 45 of 52
Bonds, notes & other debt instruments Texas (continued) |
Principal amount (000) |
Value (000) |
Mission Econ. Dev. Corp., Solid Waste Disposal Rev. Bonds (Waste Management, Inc. Project), Series 2008, AMT, 2.50% 2020 (put 2013) | $2,500 | $2,591 |
Municipal Gas Acquisition and Supply Corp. III, Gas Supply Rev. Bonds, Series 2012, 5.00% 2026 | 5,000 | 5,868 |
Municipal Gas Acquisition and Supply Corp. III, Gas Supply Rev. Bonds, Series 2012, 5.00% 2030 | 3,500 | 4,013 |
Municipal Gas Acquisition and Supply Corp. III, Gas Supply Rev. Bonds, Series 2012, 5.00% 2031 | 1,500 | 1,709 |
MuniMae TE Bond Subsidiary, LLC, Series A-5, AMT, 5.00% 20283,5 | 6,700 | 6,916 |
New Hope Cultural Education Facs. Fin. Corp., Retirement Fac. Rev. Bonds (Wesleyan Homes Inc Project), Series 2014, 5.50% 2043 | 3,700 | 4,033 |
New Hope Cultural Education Facs. Fin. Corp., Retirement Fac. Rev. Bonds (Wesleyan Homes Inc Project), Series 2014, 5.50% 2049 | 600 | 650 |
New Hope Cultural Education Facs. Fin. Corp., Retirement Fac. Rev. Bonds (Wesleyan Homes Inc. Project), Series 2014, 4.00% 2017 | 265 | 267 |
New Hope Cultural Education Facs. Fin. Corp., Retirement Fac. Rev. Bonds (Wesleyan Homes Inc. Project), Series 2014, 5.50% 2035 | 100 | 110 |
New Hope Cultural Education Facs. Fin. Corp., Student Housing Rev. Bonds (CHF - Collegiate Housing Stephenville III, L.L.C. - Tarleton State University Project), Series 2015-A, 5.00% 2030 | 1,800 | 2,093 |
New Hope Cultural Education Facs. Fin. Corp., Student Housing Rev. Bonds (CHF - Collegiate Housing Stephenville III, L.L.C. - Tarleton State University Project), Series 2015-A, 5.00% 2035 | 1,800 | 2,060 |
New Hope Cultural Education Facs. Fin. Corp., Student Housing Rev. Bonds (CHF - Collegiate Housing Stephenville III, L.L.C. - Tarleton State University Project), Series 2015-A, 5.00% 2047 | 4,315 | 4,890 |
North Harris County, Regional Water Auth., Rev. and Rev. Ref. Bonds, Series 2016, 5.00% 2033 | 500 | 620 |
North Harris County, Regional Water Auth., Rev. and Rev. Ref. Bonds, Series 2016, 5.00% 2034 | 1,250 | 1,545 |
North Texas Tollway Auth., System Rev. Ref. Bonds, Current Interest Bonds, Series 2014-C, 1.11% 2038 (put 2020)2 |
2,600 | 2,608 |
North Texas Tollway Auth., System Rev. Ref. Bonds, Series 2008-F, 5.75% 2033 (preref. 2018) |
4,000 | 4,293 |
North Texas Tollway Auth., System Rev. Ref. Bonds, Series 2008-F, 5.75% 2038 (preref. 2018) |
6,000 | 6,439 |
North Texas Tollway Auth., System Rev. Ref. Bonds, Series 2009-A, 6.00% 2028 | 560 | 630 |
North Texas Tollway Auth., System Rev. Ref. Bonds, Series 2009-A, 6.00% 2028 (preref. 2019) |
2,440 | 2,753 |
North Texas Tollway Auth., System Rev. Ref. Bonds, Series 2010, 6.00% 2034 | 1,500 | 1,795 |
North Texas Tollway Auth., System Rev. Ref. Bonds, Series 2015-A, 5.00% 2032 | 4,500 | 5,441 |
North Texas Tollway Auth., System Rev. Ref. Bonds, Series 2015-A, 5.00% 2034 | 2,000 | 2,401 |
North Texas Tollway Auth., System Rev. Ref. Bonds, Series 2015-A, 5.00% 2035 | 1,000 | 1,196 |
North Texas Tollway Auth., System Rev. Ref. Bonds, Series 2015-A, 5.00% 2038 | 1,000 | 1,189 |
Private Activity Bond Surface Transportation Corp., Rev. Bonds (Blueridge Transportation Group, LLC SH 288 Toll Lanes Project), Series 2016, AMT, 5.00% 2045 | 1,000 | 1,168 |
Private Activity Bond Surface Transportation Corp., Rev. Bonds (Blueridge Transportation Group, LLC SH 288 Toll Lanes Project), Series 2016, AMT, 5.00% 2050 | 1,000 | 1,168 |
Private Activity Bond Surface Transportation Corp., Rev. Bonds (Blueridge Transportation Group, LLC SH 288 Toll Lanes Project), Series 2016, AMT, 5.00% 2055 | 2,500 | 2,908 |
Red River Education Fin. Corp., Higher Education Rev. Bonds (Saint Edward’s University Project), Series 2016, 4.00% 2036 | 1,000 | 1,083 |
Red River Education Fin. Corp., Higher Education Rev. Bonds (Saint Edward’s University Project), Series 2016, 5.00% 2028 | 1,000 | 1,213 |
Red River Health Facs. Dev. Corp., Retirement Fac. Rev. Bonds (MRC The Crossing Project), Series 2014-A, 7.75% 2044 | 3,315 | 3,986 |
Red River Health Facs. Dev. Corp., Retirement Fac. Rev. Bonds (MRC The Crossing Project), Series 2014-A, 8.00% 2049 | 3,300 | 4,016 |
Regional Mobility Auth., Series 2016-A, 5.00% 2036 | 2,040 | 2,420 |
SA Energy Acquisition Public Fac. Corp., Gas Supply Rev. Bonds, Series 2007, 5.50% 2019 | 3,000 | 3,378 |
SA Energy Acquisition Public Fac. Corp., Gas Supply Rev. Bonds, Series 2007, 5.50% 2020 | 1,000 | 1,166 |
SA Energy Acquisition Public Fac. Corp., Gas Supply Rev. Bonds, Series 2007, 5.50% 2027 | 1,360 | 1,769 |
Sam Rayburn Municipal Power Agcy., Power Supply System Rev. Ref. Bonds, Series 2012, 5.00% 2021 | 2,875 | 3,375 |
American High-Income Municipal Bond Fund — Page 46 of 52
Bonds, notes & other debt instruments Texas (continued) |
Principal amount (000) |
Value (000) |
City of San Antonio, Airport System Rev. Ref. Bonds, AMT, 5.00% 2045 | $1,500 | $1,746 |
City of San Antonio, Electric and Gas Systems Rev. Ref. Bonds, Series 2016, 5.00% 2027 | 1,175 | 1,528 |
Sanger Texas Industrial Dev. Corp., Industrial Dev. Rev. Ref. Bonds (Texas Pellets Project), Series 2012-B, AMT, 8.00% 2038 | 3,110 | 2,719 |
Board of Managers, Joint Guadalupe County - City of Seguin Hospital, Hospital Mortgage Rev. Ref. and Improvement Bonds, 5.00% 2023 | 1,000 | 1,146 |
Tarrant County Cultural Education Facs. Fin. Corp., Hospital Rev. Ref. Bonds (Scott & White Healthcare Project), Series 2008-A, 5.00% 2019 (preref. 2018) | 710 | 773 |
Tarrant County Cultural Education Facs. Fin. Corp., Hospital Rev. Ref. Bonds (Scott & White Healthcare Project), Series 2008-A, 5.00% 2019 (preref. 2018) | 660 | 719 |
Tarrant County Cultural Education Facs. Fin. Corp., Retirement Fac. Rev. Bonds (Barton Creek Senior Living Center, Inc. - Querencia Project), 5.00% 2024 | 1,610 | 1,863 |
Tarrant County Cultural Education Facs. Fin. Corp., Retirement Fac. Rev. Bonds (Barton Creek Senior Living Center, Inc. - Querencia Project), 5.00% 2030 | 1,650 | 1,904 |
Tarrant County Cultural Education Facs. Fin. Corp., Retirement Fac. Rev. Bonds (Barton Creek Senior Living Center, Inc. - Querencia Project), 5.00% 2040 | 1,350 | 1,543 |
Tarrant County Cultural Education Facs. Fin. Corp., Retirement Fac. Rev. Bonds (Buckingham Senior Living Community, Inc. Project), Series 2007, 5.25% 2016 | 110 | 111 |
Tarrant County Cultural Education Facs. Fin. Corp., Retirement Fac. Rev. Ref. Bonds (Buckingham Senior Living Project), Series 2015-A, 5.50% 2045 | 1,475 | 1,660 |
Tarrant County Cultural Education Facs. Fin. Corp., Retirement Fac. Rev. Ref. Bonds (Buckingham Senior Living Project), Series 2015-B-2, 3.875% 2020 | 1,750 | 1,771 |
Tarrant County Cultural Education Facs. Fin. Corp., Retirement Fac. Rev. Ref. Bonds (Buckner Retirement Services, Inc. Project), Series 2007, 5.25% 2022 | 1,045 | 1,100 |
Tarrant County Cultural Education Facs. Fin. Corp., Retirement Fac. Rev. Ref. Bonds (Buckner Retirement Services, Inc. Project), Series 2007, 5.25% 2022 (preref. 2017) | 810 | 859 |
Tarrant County Cultural Education Facs. Fin. Corp., Retirement Fac. Rev. Ref. Bonds (Buckner Retirement Services, Inc. Project), Series 2007, 5.25% 2027 | 560 | 586 |
Tarrant County Cultural Education Facs. Fin. Corp., Retirement Fac. Rev. Ref. Bonds (Buckner Retirement Services, Inc. Project), Series 2007, 5.25% 2027 (preref. 2017) | 440 | 467 |
Tarrant County Cultural Education Facs. Fin. Corp., Rev. Ref. Bonds (Trinity Terrace Project), Series 2014-A-1, 5.00% 2034 | 2,325 | 2,681 |
Tarrant County Cultural Education Facs. Fin. Corp., Rev. Ref. Bonds (Trinity Terrace Project), Series 2015-A-1, 5.00% 2025 | 705 | 832 |
Tarrant County Cultural Education Facs. Fin. Corp., Rev. Ref. Bonds (Trinity Terrace Project), Series 2015-A-1, 5.00% 2045 | 2,190 | 2,455 |
Tarrant County Cultural Education Facs. Fin. Corp., Rev. Ref. Bonds (Trinity Terrace Project), Series 2015-B, 5.00% 2036 | 1,500 | 1,682 |
New Hope Cultural Education Facs. Fin. Corp., Student Housing Rev. Bonds (CHF - Collegiate Housing Corpus Christi II, L.L.C. - Texas A&M University-Corpus Christi Project), Series 2016-A, 5.00% 2031 | 335 | 396 |
New Hope Cultural Education Facs. Fin. Corp., Student Housing Rev. Bonds (CHF - Collegiate Housing Corpus Christi II, L.L.C. - Texas A&M University-Corpus Christi Project), Series 2016-A, 5.00% 2036 | 1,475 | 1,713 |
New Hope Cultural Education Facs. Fin. Corp., Student Housing Rev. Bonds (CHF - Collegiate Housing Corpus Christi II, L.L.C. - Texas A&M University-Corpus Christi Project), Series 2016-A, 5.00% 2048 | 1,145 | 1,315 |
City of Texas City Industrial Dev. Corporation, Industrial Dev. Rev. Bonds, (NRG Energy, Inc. Project), Series 2012, 4.125% 2045 |
2,000 | 2,092 |
Travis County, Health Facs. Dev. Corp., Rev. Bonds (Westminster Manor Project), Series 2010, 7.00% 2030 | 3,000 | 3,662 |
Travis County, Health Facs. Dev. Corp., Rev. Bonds (Westminster Manor Project), Series 2010, 7.125% 2040 | 3,750 | 4,569 |
Tyler Health Facs. Dev. Corp., Hospital Rev. Ref. and Improvement Bonds, (East Texas Medical Center Regional Healthcare System Project), Series 2007-A, 5.25% 2027 | 410 | 426 |
355,122 |
American High-Income Municipal Bond Fund — Page 47 of 52
Bonds, notes & other debt instruments Vermont 0.08% |
Principal amount (000) |
Value (000) |
Educational and Health Buildings Fncg. Agcy., Rev. Bonds (The University of Vermont Medical Center Project), Series 2016-A, 5.00% 2035 | $1,000 | $1,205 |
Educational and Health Buildings Fncg. Agcy., Rev. Green Bonds (The University of Vermont Medical Center Project), Series 2016-B, 5.00% 2046 | 1,000 | 1,191 |
Student Assistance Corp., Education Loan Rev. Notes, Series 2012-B, AMT, 2.153% 20222 | 1,672 | 1,691 |
4,087 | ||
Virgin Islands 0.16% | ||
Public Fin. Auth., Rev. Bonds (Matching Fund Loan Note - Diageo Project), Series 2009-A, 6.625% 2029 | 2,500 | 2,578 |
Public Fin. Auth., Rev. Bonds (Matching Fund Loan Note), Series 2010-A, 5.00% 2029 | 500 | 504 |
Public Fin. Auth., Rev. Bonds (Matching Fund Loan Notes), Series 2012-A, 5.00% 20323 | 2,000 | 2,022 |
Public Fin. Auth., Rev. Ref. Bonds (Matching Fund Loan Notes), Series 2012-A, 5.00% 2032 | 3,000 | 3,013 |
8,117 | ||
Virginia 1.04% | ||
Industrial Dev. Auth. of the City of Alexandria, Demand Rev. Ref. Bonds (Goodwin House), Series 2015, 5.00% 2045 |
3,000 | 3,534 |
Industrial Dev. Auth. of Botetourt County, Residential Care Fac. Rev. Ref. Bonds (Glebe, Inc.), Series 2014-A, 6.00% 2044 | 2,000 | 2,162 |
City of Chesapeake, Chesapeake Transportation System Toll Road Rev. Ref. Bonds (Capital Appreciation Bonds), Series 2012-B, 0%/4.875% 20401 | 1,500 | 1,240 |
City of Chesapeake, Chesapeake Transportation System Toll Road Rev. Ref. Bonds, Series 2012-A, 5.00% 2047 |
2,500 | 2,828 |
College Building Auth., Educational Facs. Rev. Ref. Bonds (Marymount University Project), Series 2015-B, 5.25% 20353 | 400 | 455 |
Fairfax County, Industrial Dev. Auth., Health Care Rev. Bonds (Inova Health System Project), Series 2009-A, 5.50% 2035 | 2,060 | 2,325 |
Fairfax County, Industrial Dev. Auth., Health Care Rev. Bonds (Inova Health System Project), Series 2009-A, 5.50% 2035 (preref. 2019) | 1,125 | 1,277 |
Celebrate Virginia South Community Dev. Auth., City of Fredericksburg, Special Assessment Rev. Bonds (Celebrate Virginia South Project), Series 2006, 6.25% 20374 | 4,582 | 2,519 |
Small Business Fncg. Auth., Rev. Ref. Bonds (Hampton University), Series 2014, 5.25% 2029 | 2,250 | 2,774 |
Econ. Dev. Auth. of Hanover County, Residential Care Fac. Rev. Ref. Bonds (Covenant Woods), Series 2012-A, 5.00% 2042 | 1,000 | 1,074 |
Industrial Dev. Auth. of the City of Harrisonburg, Residential Care Fac. Rev. Ref. Bonds (Sunnyside Presbyterian Home), Series 2013-B, 6.50% 2039 |
1,000 | 1,196 |
Econ. Dev. Auth. of Henrico County, Residential Care Fac. Rev. Ref. Bonds (United Methodist Homes), 5.00% 2020 |
365 | 412 |
Heritage Hunt Commercial Community Dev. Auth. (Prince William County), Special Assessment Bonds, Series 1999-B, 7.00% 2029 |
461 | 463 |
Mosaic Dist. Community Dev. Auth. (Fairfax County), Rev. Bonds, Series 2011-A, 6.875% 2036 | 1,210 | 1,403 |
New Port Community Dev. Auth., Special Assessment Bonds, Series 2006, 5.50% 20264 | 869 | 434 |
Newport News Industrial Dev. Auth., Health Systems Rev. Ref. Bonds (Custodial Receipts), 5.33% 20453 | 4,500 | 4,844 |
Peninsula Town Center Community Dev. Auth., Special Obligation Bonds, Series 2007, 6.25% 2024 | 3,900 | 4,080 |
Peninsula Town Center Community Dev. Auth., Special Obligation Bonds, Series 2007, 6.35% 2028 | 955 | 996 |
Peninsula Town Center Community Dev. Auth., Special Obligation Bonds, Series 2007, 6.45% 2037 | 3,408 | 3,553 |
Port Auth., Port Facs. Rev. Ref. Bonds, AMT, 5.00% 2039 | 1,000 | 1,202 |
Port Auth., Port Facs. Rev. Ref. Bonds, AMT, 5.00% 2040 | 2,000 | 2,403 |
Small Business Fncg. Auth., Rev. Bonds (Elizabeth River Crossings Opco, LLC Project), Series 2012, AMT, 5.25% 2032 | 6,940 | 7,984 |
Stafford County, Econ. Dev. Auth., Hospital Facs. Rev. Ref. Bonds (Mary Washington Healthcare Obligated Group), Series 2016, 5.00% 2030 | 1,300 | 1,601 |
American High-Income Municipal Bond Fund — Page 48 of 52
Bonds, notes & other debt instruments Virginia (continued) |
Principal amount (000) |
Value (000) |
Stafford County, Econ. Dev. Auth., Hospital Facs. Rev. Ref. Bonds (Mary Washington Healthcare Obligated Group), Series 2016, 5.00% 2036 | $1,000 | $1,207 |
Watkins Centre Community Dev. Auth., Rev. Bonds, Series 2007, 5.40% 2020 | 876 | 878 |
52,844 | ||
Washington 1.51% | ||
Energy Northwest, Electric Rev. Ref. Bonds (Project No. 3), Series 2016-A, 5.00% 2027 | 1,000 | 1,299 |
Health Care Facs. Auth., Rev. Bonds (Kadlec Regional Medical Center), Series 2012, 5.00% 2042 | 1,250 | 1,515 |
Health Care Facs. Auth., Rev. Ref. Bonds (Virginia Mason Medical Center), Series 2007-A, 6.125% 2037 | 9,500 | 9,990 |
Health Care Facs. Auth., Rev. Bonds (Catholic Health Initiatives), Series 2013-B-1, 1.44% 2035 (put 2021)2 | 8,375 | 8,311 |
Housing Fin. Commission, Nonprofit Housing Rev. Ref. Bonds (Herons Key Senior Living Project), Series 2015-A, 6.50% 20303 |
100 | 107 |
Housing Fin. Commission, Nonprofit Housing Rev. Ref. Bonds (Herons Key Senior Living Project), Series 2015-A, 7.00% 20453 |
1,755 | 1,913 |
Housing Fin. Commission, Nonprofit Housing Rev. Ref. Bonds (Herons Key Senior Living Project), Series 2015-A, 7.00% 20503 |
2,150 | 2,329 |
Housing Fin. Commission, Nonprofit Housing Rev. Ref. Bonds (Herons Key Senior Living Project), Series 2015-B-2, 4.875% 20223 |
3,000 | 3,014 |
Housing Fin. Commission, Nonprofit Housing Rev. Ref. Bonds (Herons Key Senior Living Project), Series 2015-B-3, 4.375% 20213 |
700 | 709 |
Housing Fin. Commission, Nonprofit Housing Rev. Ref. Bonds (Rockwood Retirement Project), Series 2014-A, 7.375% 20443 | 7,000 | 8,323 |
Housing Fin. Commission, Nonprofit Housing Rev. Ref. Bonds (Rockwood Retirement Project), Series 2014-A, 7.50% 20493 | 9,090 | 10,840 |
Housing Fin. Commission, Nonprofit Housing, Rev. and Rev. Ref. Bonds (Bayview Manor Senior Project), Series 2016-A, 5.00% 20363 | 750 | 811 |
Housing Fin. Commission, Nonprofit Housing, Rev. and Rev. Ref. Bonds (Bayview Manor Senior Project), Series 2016-A, 5.00% 20463 | 1,450 | 1,555 |
Housing Fin. Commission, Nonprofit Housing, Rev. and Rev. Ref. Bonds (Bayview Manor Senior Project), Series 2016-A, 5.00% 20513 | 2,150 | 2,288 |
Housing Fin. Commission, Single Family Program Bonds, Series 2014-2A-R, AMT, 3.50% 2044 | 2,060 | 2,185 |
Port of Seattle, Special Fac. Rev. Ref. Bonds (Seatac Fuel Facs. LLC), AMT, 5.00% 2030 | 2,000 | 2,326 |
Port of Seattle, Special Fac. Rev. Ref. Bonds (Seatac Fuel Facs. LLC), AMT, 5.00% 2031 | 2,000 | 2,319 |
Industrial Dev. Corp. of the Port of Seattle, Special Facs. Rev. Ref. Bonds (Delta Air Lines, Inc. Project), Series 2012, AMT, 5.00% 2030 |
6,375 | 6,943 |
Port of Seattle, Rev. Ref. Bonds, Series 2015-C, AMT, 5.00% 2034 | 1,000 | 1,185 |
Port of Seattle, Rev. Ref. Bonds, Series 2015-C, AMT, 5.00% 2035 | 1,500 | 1,776 |
Skagit County, Public Hospital Dist. No. 1, Hospital Improvement Rev. Ref. Bonds (Skagit Regional Health), Series 2013-A, 5.00% 2037 | 4,000 | 4,422 |
Tobacco Settlement Auth., Tobacco Settlement Rev. Ref. Bonds, Series 2013, 5.00% 2027 | 2,550 | 2,624 |
76,784 | ||
West Virginia 0.16% | ||
County Commission of Harrison County, Solid Waste Disposal Rev. Ref. Bonds (Allegheny Energy Supply Co., LLC Harrison Station Project), Series 2007-D, AMT, 5.50% 2037 | 5,000 | 5,197 |
West Virginia University, Board of Governors Improvement Rev. Bonds (West Virginia University Projects), Series 2014-C, 0.97% 2041 (put 2019)2 | 3,000 | 2,980 |
8,177 | ||
Wisconsin 1.47% | ||
General Fund Annual Appropriation Rev. Ref. Bonds, Series 2009-A, 6.00% 2036 | 1,500 | 1,705 |
Health and Educational Facs. Auth., Rev. Bonds (Agnesian HealthCare, Inc.), Series 2013-B, 5.00% 2036 | 2,000 | 2,319 |
Health and Educational Facs. Auth., Rev. Bonds (Ascension Senior Credit Group), Series 2016-A, 4.00% 2039 | 500 | 552 |
Health and Educational Facs. Auth., Rev. Bonds (Ascension Senior Credit Group), Series 2016-A, 5.00% 2039 | 1,000 | 1,225 |
Health and Educational Facs. Auth., Rev. Bonds (Saint John’s Communities, Inc.), Series 2015-B, 5.00% 2037 | 185 | 204 |
American High-Income Municipal Bond Fund — Page 49 of 52
Bonds, notes & other debt instruments Wisconsin (continued) |
Principal amount (000) |
Value (000) |
Health and Educational Facs. Auth., Rev. Bonds (Saint John’s Communities, Inc.), Series 2015-B, 5.00% 2045 | $1,000 | $1,107 |
Health and Educational Facs. Auth., Rev. Bonds (Thedacare, Inc.), Series 2015, 5.00% 2044 | 1,000 | 1,183 |
Health and Educational Facs. Auth., Rev. Ref. Bonds (St. John’s Communities, Inc.), Series 2009-A, 7.25% 2029 (preref. 2019) |
1,000 | 1,184 |
Health and Educational Facs. Auth., Rev. Ref. Bonds (St. John’s Communities, Inc.), Series 2009-A, 7.625% 2039 (preref. 2019) |
3,000 | 3,620 |
Health and Educational Facs. Auth., Rev. Ref. Bonds (The Monroe Clinic, Inc.), Series 2016, 4.00% 2033 | 550 | 602 |
Housing and Econ. Dev. Auth., Home Ownership Rev. Bonds, Series 2016-A, AMT, 3.50% 2046 |
19,000 | 20,235 |
Public Fin. Auth., Airport Facs. Rev. Ref. Bonds (Transportation Infrastructure Properties, LLC Obligated Group), AMT, 5.00% 2022 | 85 | 96 |
Public Fin. Auth., Airport Facs. Rev. Ref. Bonds (Transportation Infrastructure Properties, LLC Obligated Group), Series 2012-B, AMT, 5.00% 2042 | 450 | 485 |
Public Fin. Auth., Rev. Bonds (Roseman University of Health Sciences Project), Series 2012, 5.50% 2032 | 500 | 529 |
Public Fin. Auth., Rev. Bonds (Roseman University of Health Sciences Project), Series 2012, 5.75% 2042 | 5,000 | 5,305 |
Public Fin. Auth., Rev. Bonds (Roseman University of Health Sciences Project), Series 2015, 5.75% 2035 | 1,500 | 1,627 |
Public Fin. Auth., Rev. Bonds (Roseman University of Health Sciences Project), Series 2015, 5.875% 2045 | 3,000 | 3,243 |
Public Fin. Auth., Senior Living Rev. Bonds (Rose Villa Project), Series 2014-A, 5.50% 2034 | 1,000 | 1,118 |
Public Fin. Auth., Senior Living Rev. Bonds (Rose Villa Project), Series 2014-A, 5.75% 2044 | 1,800 | 2,025 |
Public Fin. Auth., Solid Waste Disposal Rev. Ref. Bonds (Waste Management, Inc. Project), Series 2016-A-4, AMT, 2.00% 2033 (put 2021) | 1,500 | 1,536 |
Public Fin. Auth., Student Housing Rev. Bonds (CHF - Cullowhee, LLC - Western Carolina University Project), 5.00% 2035 | 1,000 | 1,137 |
Public Fin. Auth., Student Housing Rev. Bonds (CHF - Cullowhee, LLC - Western Carolina University Project), 5.25% 2047 | 2,000 | 2,280 |
Public Fin. Auth., Student Housing Rev. Bonds (CHF - Cullowhee, LLC - Western Carolina University Project), Series 2015-A, 5.00% 2030 | 2,140 | 2,486 |
Public Fin. Auth., Exempt Facs. Ref. Rev. Bonds (National Gypsum Company), Series 2014, AMT, 5.25% 2030 | 3,000 | 3,376 |
Public Fin. Auth., Exempt Facs. Ref. Rev. Bonds (National Gypsum Company), Series 2016, AMT, 4.00% 2035 | 9,000 | 9,308 |
Public Fin. Auth., Hospital Rev. Ref. Bonds (Renown Regional Medical Center Project), Series 2016-A, 5.00% 2028 |
3,000 | 3,698 |
Public Fin. Auth., Hospital Rev. Ref. Bonds (Renown Regional Medical Center Project), Series 2016-A, 5.00% 2030 |
2,200 | 2,689 |
74,874 | ||
Total bonds, notes & other debt instruments (cost: $4,399,961,000) | 4,760,948 | |
Short-term securities 6.73% | ||
State of California, Educational Facs. Auth., Higher Education Commercial Paper, Series 2016-S-3, 0.30% 11/3/2016 |
5,000 | 5,000 |
State of California, Educational Facs. Auth., Higher Education Commercial Paper, Series 2016-S-4, 0.44% 10/5/2016 |
8,000 | 8,000 |
State of California, Various Purpose G.O. Bonds, 2.00% 8/1/2016 | 5,000 | 5,000 |
State of California, City of Los Angeles, Dept. of Water and Power, Commercial Paper, Series 2016-A-2, 0.46% 10/11/2016 |
5,000 | 5,000 |
State of California, County of Los Angeles, 2016-17 Tax and Rev. Anticipation Notes, 3.00% 6/30/2017 | 14,000 | 14,323 |
State of Colorado, General Fund Tax and Rev. Anticipation Notes, Series 2016-A, 2.00% 6/27/2017 |
50,000 | 50,640 |
State of Connecticut, Health and Educational Facs. Auth., Higher Education Commercial Paper, Series 2016-1, 0.43% 8/4/2016 | 3,000 | 3,000 |
State of Connecticut, Health and Educational Facs. Auth., Higher Education Commercial Paper, Series 2016-2, 0.43% 9/2/2016 | 4,000 | 4,000 |
District of Columbia, Tax and Rev. Anticipation Notes, Series 2015, 1.50% 9/30/2016 | 15,000 | 15,029 |
State of Idaho, Tax Anticipation Notes, Series 2016, 2.00% 6/30/2017 | 5,000 | 5,065 |
American High-Income Municipal Bond Fund — Page 50 of 52
Short-term securities | Principal amount (000) |
Value (000) |
State of Kentucky, Louisville and Jefferson County, Metropolitan Sewer Dist., Sewer and Drainage System Bonds, Series 2015, 5.00% 11/22/2016 | $5,000 | $5,070 |
State of Maryland, Montgomery County, Consolidated Public Improvement Bond Anticipation Notes, Series 2006-B, 0.38% 20262 |
5,915 | 5,915 |
State of Maryland, Montgomery County, Consolidated Public Improvement Bond Anticipation Notes, Series 2009-B, 0.45% 8/9/2016 |
5,000 | 5,000 |
State of Massachusetts, Health and Educational Facs. Auth., Higher Education Commercial Paper, Series 2016-EE, 0.43% 9/6/2016 |
5,000 | 5,000 |
State of Massachusetts, School Building Auth., Dedicated Sales Tax Rev. Ref. Bonds, Series 2015-C, 5.00% 8/15/2016 |
15,000 | 15,031 |
State of Michigan, Fin. Auth. State Aid Rev. Notes (School Dist. of the City of Detroit), Series 2015-E, 5.75% 8/22/20163 |
5,000 | 5,005 |
State of Minnesota, Housing and Redev. Auth. of the City of St. Paul, Health Care System Demand Rev. Bonds (Allina Health System), Series 2009-B-1, JPMorgan Chase LOC, 0.39% 20352 | 7,000 | 7,000 |
State of Mississippi, Business Fin. Corp., Gulf Opportunity Zone Industrial Dev. Rev. Bonds (Chevron U.S.A. Inc. Project), Series 2007-E, 0.40% 20302 | 4,980 | 4,980 |
State of Mississippi, Business Fin. Corp., Gulf Opportunity Zone Industrial Dev. Rev. Bonds (Chevron U.S.A. Inc. Project), Series 2009-E, 0.40% 20302 | 13,550 | 13,550 |
State of Mississippi, Business Fin. Corp., Gulf Opportunity Zone Industrial Dev. Rev. Bonds (Chevron U.S.A. Inc. Project), Series 2009-F, 0.40% 20302 | 3,260 | 3,260 |
State of Mississippi, Business Fin. Corp., Gulf Opportunity Zone Industrial Dev. Rev. Bonds (Chevron U.S.A. Inc. Project), Series 2010-L, 0.40% 20352 | 8,000 | 8,000 |
State of Missouri, Health and Educational Facs. Auth., Demand Educational Facs. Rev. Bonds (Washington University), Series 1996-A, 0.40% 20302 | 4,700 | 4,700 |
State of Missouri, Health and Educational Facs. Auth., Demand Educational Facs. Rev. Ref. Bonds (St. Louis University), Series 2008-A-2, 0.37% 20352 | 1,220 | 1,220 |
State of New York, Dormitory Auth., Rev. Bonds (Fordham University), Series 2008-A-2, Bank of America LOC, 0.45% 20322 | 3,175 | 3,175 |
State of New York, Dormitory Auth., University of Rochester Rev. Bonds, Series 2003-A, JPMorgan Chase LOC, 0.39% 20312 | 2,470 | 2,470 |
State of New York, City of Syracuse, Industrial Dev. Agcy., Civic Fac. Rev. Bonds (Syracuse University Project), Series 2008-A-2, JPMorgan Chase LOC, 0.40% 20372 | 5,000 | 5,000 |
State of New York, Metropolitan Transportation Auth., Dedicated Tax Fund Bond Anticipation Notes, Series 2016-A-1-F, 2.00% 3/1/2017 |
7,500 | 7,567 |
State of New York, Metropolitan Transportation Auth., Transportation Rev. Bond Anticipation Notes, Series 2015-B-1, 1.00% 8/1/2016 |
5,000 | 5,000 |
State of New York, Metropolitan Transportation Auth., Transportation Rev. Bond Anticipation Notes, Series 2015-B-1-G, 1.00% 8/1/2016 |
20,000 | 20,001 |
State of New York, Metropolitan Transportation Auth., Transportation Rev. Bond Anticipation Notes, Series 2016-A-1-E, 2.00% 3/1/2017 |
7,000 | 7,062 |
State of New York, Metropolitan Transportation Auth., Transportation Rev. Bond Anticipation Notes, Series 2016-A-1-F 2.00% 10/1/2016 |
10,000 | 10,026 |
State of New York, City of New York, G.O. Bonds, Series 1994-E-2, 0.39% 20202 | 6,500 | 6,500 |
State of New York, City of New York, G.O. Bonds, Series 2006-H-1, 0.39% 20362 | 11,100 | 11,100 |
State of New York, City of New York, G.O. Bonds, Series 2008-L-4, 0.40% 20382 | 5,000 | 5,000 |
State of New York, New York City Transitional Fin. Auth., Future Tax Secured Rev. Ref. Bonds, Series 2016-E-4, 0.39% 20452 | 6,100 | 6,100 |
State of New York, New York City, Transitional Fin. Auth., New York City Recovery Bonds, Fiscal Series 2003-1, Subseries 1-C, 0.39% 20222 | 5,855 | 5,855 |
State of Ohio, Ohio Water Dev. Auth., Pollution Control Rev. Ref. Bonds (FirstEnergy Nuclear Generation Corp. Project), Series 2008-B, 0.44% 20182 | 400 | 400 |
State of Oregon, Full Faith and Credit Tax Anticipation Notes, Series 2015-A, 2.00% 9/15/2016 |
23,000 | 23,047 |
State of Oregon, Full Faith and Credit Tax Anticipation Notes, Series 2016-A, 2.00% 6/30/2017 |
15,000 | 15,205 |
American High-Income Municipal Bond Fund — Page 51 of 52
Short-term securities | Principal amount (000) |
Value (000) |
State of Texas, Brazos River Harbor Navigation Dist. of Brazoria County, Environmental Facs. Rev. Bonds (Merey Sweeny, L.P. Project), AMT, Goldman Sachs LOC, 0.47% 20182 | $3,100 | $3,100 |
State of Texas, Brazos River Harbor Navigation Dist. of Brazoria County, Environmental Facs. Rev. Bonds (Merey Sweeny, L.P. Project), Series 2001-A, AMT, Bank of America LOC, 0.47% 20212 | 400 | 400 |
State of Texas, Gulf Coast Waste Disposal Auth., Environmental Facs. Rev. Bonds (ExxonMobil Project), Series 2003, AMT, 0.35% 20252 |
200 | 200 |
State of Texas, Harris County Cultural Education Facs. Fin. Corp., Special Facs. Rev. Ref. Bonds (Medical Center), Series 2008-A, JPMorgan Chase LOC, 0.37% 20312 |
3,000 | 3,000 |
State of Texas, Lower Neches Valley Auth., Industrial Dev. Corp. Rev. Bonds (ExxonMobil Project), Series 2011, 0.34% 20512 | 4,000 | 4,000 |
Total short-term securities (cost: $342,907,000) | 342,996 | |
Total investment securities 100.22% (cost: $4,742,868,000) | 5,103,944 | |
Other assets less liabilities (0.22%) | (11,429) | |
Net assets 100.00% | $5,092,515 |
1 | Step bond; coupon rate will increase at a later date. |
2 | Coupon rate may change periodically. For short-term securities, the date of the next scheduled coupon rate change is considered to be the maturity date. |
3 | Acquired in a transaction exempt from registration under Rule 144A of the Securities Act of 1933. May be resold in the U.S. in transactions exempt from registration, normally to qualified institutional buyers. The total value of all such securities was $343,128,000, which represented 6.74% of the net assets of the fund. |
4 | Scheduled interest and/or principal payment was not received. |
5 | Principal payments may be made periodically. Therefore, the effective maturity date may be earlier than the stated maturity date. |
Key to abbreviations | |
Agcy. = Agency | Fin. = Finance |
AMT = Alternative Minimum Tax | Fncg. = Financing |
Auth. = Authority | G.O. = General Obligation |
Certs. of Part. = Certificates of Participation | LOC = Letter of Credit |
Dept. = Department | Preref. = Prerefunded |
Dev. = Development | Redev. = Redevelopment |
Dist. = District | Ref. = Refunding |
Econ. = Economic | Rev. = Revenue |
Fac. = Facility | TECP = Tax-Exempt Commercial Paper |
Facs. = Facilities |
Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value.
Investors should carefully consider investment objectives, risks, charges and expenses. This and other important information is contained in the fund prospectus and summary prospectus, which can be obtained from your financial professional and should be read carefully before investing. You may also call American Funds Service Company (AFS) at (800) 421-4225 or visit the American Funds website at americanfunds.com.
MFGEFPX-040-0916O-S54090 | American High-Income Municipal Bond Fund — Page 52 of 52 |
Report of Independent Registered Public Accounting Firm
To the Board of Trustees and Shareholders of American Funds Short-Term Tax-Exempt Bond Fund, Limited Term Tax-Exempt Bond Fund of America, The Tax-Exempt Bond Fund of America, American High-Income Municipal Bond Fund, The Tax-Exempt Fund of California and American Funds Tax-Exempt Fund of New York
In our opinion, the accompanying statements of assets and liabilities, including the summary investment portfolios, and the related statements of operations and of changes in net assets and the financial highlights (included in Item 1 of this Form N-CSR) and the investment portfolios (included in Item 6 of this Form N-CSR) present fairly, in all material respects, the financial position of American Funds Short-Term Tax-Exempt Bond Fund, Limited Term Tax-Exempt Bond Fund of America, The Tax-Exempt Bond Fund of America, American High-Income Municipal Bond Fund, The Tax-Exempt Fund of California and American Funds Tax-Exempt Fund of New York (the “Funds”) at July 31, 2016, the results of each of their operations for the year then ended, the changes in each of their net assets and the financial highlights for each of the periods presented (other than as noted below for The Tax-Exempt Fund of California), in conformity with accounting principles generally accepted in the United States of America. These financial statements, financial highlights, and investment portfolios (hereafter referred to as "financial statements") are the responsibility of the Funds’ management. Our responsibility is to express an opinion on these financial statements based on our audits. We conducted our audits of these financial statements in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, and evaluating the overall financial statement presentation. We believe that our audits, which included confirmation of securities at July 31, 2016 by correspondence with the custodians and brokers, provide a reasonable basis for our opinion. The financial highlights of The Tax-Exempt Fund of California for each of the periods ended on or before July 31, 2013, were audited by another independent registered public accounting firm whose report dated September 9, 2013, expressed an unqualified opinion on those financial highlights.
PricewaterhouseCoopers LLP
Los Angeles, California
September 12, 2016
The
Tax-Exempt Fund of California®
Investment portfolio
July 31, 2016
Bonds, notes & other debt instruments 96.41% California 94.15% State issuers 37.58% |
Principal amount (000) |
Value (000) |
Trustees of the California State University, Systemwide Rev. Bonds, Series 2016-A, 4.00% 2034 |
$2,000 | $2,292 |
Trustees of the California State University, Systemwide Rev. Bonds, Series 2016-A, 4.00% 2035 |
7,000 | 7,988 |
Trustees of the California State University, Systemwide Rev. Bonds, Series 2016-A, 4.00% 2037 |
6,645 | 7,534 |
Trustees of the California State University, Systemwide Rev. Bonds, Series 2016-B-2, 4.00% 2049 (put 2021) |
5,000 | 5,695 |
Trustees of the California State University, Systemwide Rev. Ref. Bonds, Series 2012-A, 5.00% 2027 | 3,000 | 3,659 |
Eastern Municipal Water Dist., Water and Wastewater Rev. Ref. Bonds, Series 2016-A, 5.00% 2042 | 5,900 | 7,336 |
Econ. Recovery Bonds, Ref. Series 2009-A, 5.25% 2021 (preref. 2019) | 2,065 | 2,343 |
Econ. Recovery Bonds, Ref. Series 2009-A, 5.25% 2021 (preref. 2019) | 1,185 | 1,345 |
Educational Facs. Auth., Rev. Bonds (Claremont Graduate University), Series 2007-A, 5.00% 2031 (preref. 2017) |
3,000 | 3,080 |
Educational Facs. Auth., Rev. Bonds (Claremont Graduate University), Series 2007-A, 5.00% 2037 (preref. 2017) |
2,000 | 2,053 |
Educational Facs. Auth., Rev. Bonds (Dominican University of California), Series 2006, 5.00% 2021 | 1,100 | 1,115 |
Educational Facs. Auth., Rev. Bonds (Dominican University of California), Series 2006, 5.00% 2036 | 2,500 | 2,536 |
Educational Facs. Auth., Rev. Bonds (Pitzer College), Series 2009, 5.00% 2021 | 1,625 | 1,849 |
Educational Facs. Auth., Rev. Bonds (Pitzer College), Series 2009, 6.00% 2040 | 2,000 | 2,358 |
Educational Facs. Auth., Rev. Ref. Bonds (California Lutheran University), Series 2008, 5.75% 2038 |
6,000 | 6,565 |
Educational Facs. Auth., Rev. Ref. Bonds (Chapman University), 5.00% 2032 | 2,500 | 3,079 |
Educational Facs. Auth., Rev. Ref. Bonds (Chapman University), Series 2011, 5.00% 2026 | 3,000 | 3,495 |
Educational Facs. Auth., Rev. Ref. Bonds (Chapman University), Series 2011, 5.00% 2031 | 8,615 | 9,966 |
Educational Facs. Auth., Rev. Ref. Bonds (Mills College), Series 2005-B, 5.00% 2020 (escrowed to maturity) | 490 | 533 |
Educational Facs. Auth., Rev. Ref. Bonds (Occidental College), Series 2013-A, 5.00% 2029 | 3,265 | 4,062 |
Educational Facs. Auth., Rev. Ref. Bonds (University of the Pacific), 5.00% 2030 | 1,000 | 1,260 |
Educational Facs. Auth., Rev. Ref. Bonds (University of the Pacific), 5.00% 2032 | 2,500 | 3,114 |
G.O. Bonds, Series 2012-A, 0.89% 2033 (put 2018)1 | 6,500 | 6,479 |
G.O. Bonds, Series 2013-E, 1.156% 20291 | 1,500 | 1,502 |
Various Purpose G.O. Bonds, 3.00% 2016 | 21,500 | 21,503 |
Various Purpose G.O. Bonds, 4.00% 2030 (put 2021) | 3,000 | 3,420 |
Various Purpose G.O. Bonds, 5.00% 2016 | 890 | 897 |
Various Purpose G.O. Bonds, 5.00% 2016 | 700 | 706 |
Various Purpose G.O. Bonds, 5.00% 2017 | 6,000 | 6,137 |
Various Purpose G.O. Bonds, 5.00% 2033 | 4,000 | 5,000 |
Various Purpose G.O. Bonds, 5.25% 2028 | 5,000 | 6,040 |
Various Purpose G.O. Bonds, 5.25% 2028 | 2,000 | 2,410 |
Various Purpose G.O. Bonds, 5.25% 2032 | 5,000 | 6,399 |
Various Purpose G.O. Bonds, 6.00% 2038 | 7,000 | 7,952 |
Various Purpose G.O. Bonds, 6.00% 2039 | 2,000 | 2,327 |
Various Purpose G.O. Bonds, 6.50% 2033 | 5,000 | 5,775 |
Various Purpose G.O. Bonds, Series 2008, 5.00% 2017 | 2,675 | 2,746 |
Various Purpose G.O. Rev. Ref. Bonds, 4.00% 2017 | 1,000 | 1,021 |
Veterans G.O. Ref. Bonds, Series 2015-CM, AMT, 2.45% 2031 | 2,860 | 2,940 |
The Tax-Exempt Fund of California — Page 1 of 22
Bonds, notes & other debt instruments California (continued) State issuers (continued) |
Principal amount (000) |
Value (000) |
Veterans G.O. Ref. Bonds, Series 2016-CN, 3.50% 2045 | $10,000 | $10,901 |
Golden State Tobacco Securitization Corp., Enhanced Tobacco Settlement Asset-backed Bonds, Series 2005-A, Assured Guaranty Municipal insured, 0% 2026 |
11,000 | 9,007 |
Golden State Tobacco Securitization Corp., Enhanced Tobacco Settlement Asset-backed Bonds, Series 2007-A-1, 5.125% 2047 |
5,000 | 5,001 |
Golden State Tobacco Securitization Corp., Enhanced Tobacco Settlement Asset-backed Bonds, Series 2015-A, 5.00% 2032 |
3,250 | 4,024 |
Golden State Tobacco Securitization Corp., Enhanced Tobacco Settlement Asset-backed Bonds, Series 2015-A, 5.00% 2033 |
5,265 | 6,491 |
Golden State Tobacco Securitization Corp., Enhanced Tobacco Settlement Asset-backed Bonds, Series 2015-A, 5.00% 2040 |
5,000 | 6,061 |
Golden State Tobacco Securitization Corp., Enhanced Tobacco Settlement Asset-backed Bonds, Series 2015-A, 5.00% 2045 |
6,000 | 7,246 |
Golden State Tobacco Securitization Corp., Tobacco Settlement Asset-backed Rev. Ref. Bonds, Series 2007-A-1, 5.75% 2047 |
26,225 | 26,758 |
Health Facs. Fncg. Auth., Rev. Bonds (Lucile Salter Packard Children’s Hospital at Stanford), Series 2014-A, 5.00% 2043 | 1,000 | 1,193 |
Health Facs. Fncg. Auth., Rev. Bonds (Lucile Salter Packard Children’s Hospital), Series 2016-B, 5.00% 2055 | 2,000 | 2,432 |
Health Facs. Fncg. Auth., Rev. Bonds (Catholic Healthcare West), Series 2008-G, 5.50% 2025 | 3,500 | 3,809 |
Health Facs. Fncg. Auth., Rev. Bonds (Catholic Healthcare West), Series 2009-A, 6.00% 2029 | 1,500 | 1,719 |
Health Facs. Fncg. Auth., Rev. Bonds (Children’s Hospital of Orange County), Series 2011-A, 5.25% 2041 | 2,000 | 2,341 |
Health Facs. Fncg. Auth., Rev. Bonds (Episcopal Home), Series 2002-B, 6.00% 2032 (preref. 2020) | 3,600 | 4,255 |
Health Facs. Fncg. Auth., Rev. Bonds (Rady Children’s Hospital - San Diego), Series 2011, 5.25% 2041 | 5,000 | 5,754 |
Health Facs. Fncg. Auth., Rev. Bonds (Sutter Health), Series 2011-D, 5.25% 2031 | 2,000 | 2,396 |
Health Facs. Fncg. Auth., Rev. Ref. Bonds (Catholic Healthcare West), Series 2011-A, 5.25% 2041 | 2,000 | 2,284 |
Health Facs. Fncg. Auth., Rev. Ref. Bonds (Cedars-Sinai Medical Center), 5.00% 2030 | 500 | 632 |
Health Facs. Fncg. Auth., Rev. Ref. Bonds (Cedars-Sinai Medical Center), 5.00% 2031 | 1,300 | 1,637 |
Health Facs. Fncg. Auth., Rev. Ref. Bonds (El Camino Hospital), Series 2015-A, 5.00% 2030 | 3,000 | 3,637 |
Health Facs. Fncg. Auth., Rev. Ref. Bonds (El Camino Hospital), Series 2015-A, 5.00% 2040 | 1,700 | 2,020 |
Health Facs. Fncg. Auth., Rev. Ref. Bonds (Memorial Health Services), Series 2012-A, 5.00% 2033 | 1,000 | 1,201 |
Health Facs. Fncg. Auth., Rev. Ref. Bonds (Presbyterian Homes and Services, Inc.), 5.00% 2031 | 400 | 488 |
Health Facs. Fncg. Auth., Rev. Ref. Bonds (Presbyterian Homes and Services, Inc.), 5.00% 2039 | 400 | 482 |
Health Facs. Fncg. Auth., Rev. Ref. Bonds (Providence Health & Services), Series 2008-C, 6.50% 2038 (preref. 2018) |
2,945 | 3,321 |
Health Facs. Fncg. Auth., Rev. Ref. Bonds (Providence Health & Services), Series 2008-C, 6.50% 2038 (preref. 2018) |
55 | 62 |
Health Facs. Fncg. Auth., Rev. Ref. Bonds (St. Joseph Health System), Series 2009-D, 5.00% 2034 (put 2016) | 5,000 | 5,050 |
Health Facs. Fncg. Auth., Rev. Ref. Bonds (St. Joseph Health System), Series 2013-C, 5.00% 2043 (put 2019) | 2,000 | 2,258 |
Health Facs. Fncg. Auth., Rev. Ref. Bonds (Stanford Hospital and Clinics), Series 2010-B, 5.25% 2031 | 8,000 | 9,400 |
Health Facs. Fncg. Auth., Rev. Ref. Bonds (Sutter Health), Series 2008-A, 5.25% 2022 | 2,000 | 2,190 |
Health Facs. Fncg. Auth., Rev. Ref. Bonds (Sutter Health), Series 2016-A, 5.00% 2033 | 1,000 | 1,248 |
Health Facs. Fncg. Auth., Rev. Ref. Bonds (Sutter Health), Series 2016-A, 5.00% 2034 | 2,000 | 2,487 |
Health Facs. Fncg. Auth., Rev. Ref. Bonds (Sutter Health), Series 2016-A, 5.00% 2035 | 2,000 | 2,478 |
Health Facs. Fncg. Auth., Rev. Ref. Bonds (Sutter Health), Series 2016-B, 4.00% 2038 | 5,000 | 5,592 |
Health Facs. Fncg. Auth., Rev. Ref. Bonds (Sutter Health), Series 2016-B, 5.00% 2035 | 1,000 | 1,254 |
Imperial Irrigation Dist., Electric System Rev. Ref. Bonds, 5.25% 2024 | 370 | 409 |
Imperial Irrigation Dist., Electric System Rev. Ref. Bonds, 5.25% 2024 (preref. 2018) | 1,630 | 1,801 |
Imperial Irrigation Dist., Electric System Rev. Ref. Bonds, Series 2008-A, 5.00% 2033 |
2,110 | 2,320 |
Imperial Irrigation Dist., Electric System Rev. Ref. Bonds, Series 2008-A, 5.00% 2033 (preref. 2018) |
9,390 | 10,325 |
Imperial Irrigation Dist., Electric System Rev. Ref. Bonds, Series 2008-A, 5.25% 2025 |
365 | 403 |
The Tax-Exempt Fund of California — Page 2 of 22
Bonds, notes & other debt instruments California (continued) State issuers (continued) |
Principal amount (000) |
Value (000) |
Imperial Irrigation Dist., Electric System Rev. Ref. Bonds, Series 2008-A, 5.25% 2025 (preref. 2018) |
$1,635 | $1,807 |
Imperial Irrigation Dist., Electric System Rev. Ref. Bonds, Series 2016-B-2, 4.00% 2032 |
1,830 | 2,100 |
Imperial Irrigation Dist., Electric System Rev. Ref. Bonds, Series 2016-B-2, 5.00% 2041 |
6,965 | 8,645 |
Independent Cities Fin. Auth., Mobile Home Park Rev. Ref. Bonds (San Juan Mobile Estates), 5.00% 2030 | 2,000 | 2,358 |
Infrastructure and Econ. Dev. Bank, Rev. Bonds (California Science Center Phase II Project), Series 2006-B, FGIC-National insured, 5.00% 2022 | 1,000 | 1,004 |
Infrastructure and Econ. Dev. Bank, Rev. Bonds (Performing Arts Center of Los Angeles County), Series 2007, 5.00% 2027 |
1,000 | 1,054 |
Infrastructure and Econ. Dev. Bank, Rev. Bonds (Performing Arts Center of Los Angeles County), Series 2007, 5.00% 2037 |
1,500 | 1,574 |
Infrastructure and Econ. Dev. Bank, Rev. Ref. Bonds (J. Paul Getty Trust), Series 2013-A-2, 0.846% 2047 (put 2019)1 |
10,000 | 10,005 |
Infrastructure and Econ. Dev. Bank, Rev. Ref. Bonds (J. Paul Getty Trust), Series 2015-B-1, 0.72% 2047 (put 2018)1 |
2,000 | 1,989 |
Infrastructure and Econ. Dev. Bank Rev. Bonds (The Colburn School), Series 2015-B, 1.64% 2037 (put 2022)1 | 4,500 | 4,514 |
Mobilehome Park Fncg. Auth., Mobile Home Park Rev. Ref. Bonds (Union City Tropics), Series 2006-A, 4.50% 2027 |
3,000 | 3,023 |
Mobilehome Park Fncg. Auth., Mobile Home Park Rev. Ref. Bonds (Union City Tropics), Series 2006-A, 4.50% 2036 |
3,980 | 4,002 |
Mobilehome Park Fncg. Auth., Mobile Home Park Rev. Ref. Bonds (Union City Tropics), Series 2006-A, 5.00% 2023 |
3,630 | 3,671 |
Mobilehome Park Fncg. Auth., Mobile Home Park Rev. Ref. Bonds (Union City Tropics), Series 2006-B, 5.50% 2041 |
1,000 | 1,007 |
Municipal Fin. Auth., Rev. Bonds (California Baptist University), Series 2015-A, 5.375% 20402 | 2,335 | 2,578 |
Municipal Fin. Auth., Rev. Bonds (California Baptist University), Series 2015-A, 5.50% 20452 | 2,800 | 3,108 |
Municipal Fin. Auth., Certs. of Part. (Community Hospitals of Central California Obligated Group), 5.00% 2018 | 2,180 | 2,227 |
Municipal Fin. Auth., Certs. of Part. (Community Hospitals of Central California Obligated Group), 5.00% 2022 | 820 | 837 |
Municipal Fin. Auth., Certs. of Part. (Community Hospitals of Central California Obligated Group), 5.00% 2022 (preref. 2017) | 575 | 588 |
Municipal Fin. Auth., Certs. of Part. (Community Hospitals of Central California Obligated Group), 5.25% 2037 | 3,225 | 3,281 |
Municipal Fin. Auth., Certs. of Part. (Community Hospitals of Central California Obligated Group), 5.25% 2037 (preref. 2017) | 2,275 | 2,329 |
Municipal Fin. Auth., Educational Fac. Rev. Bonds (High Tech High Projects, Chula Vista), Series 2008-B, 6.125% 20432 | 1,750 | 1,838 |
Municipal Fin. Auth., Educational Fac. Rev. Bonds (High Tech High Projects, Chula Vista), Series 2008-B, 6.125% 20482 |
1,500 | 1,574 |
Municipal Fin. Auth., Educational Rev. Bonds (American Heritage Education Foundation Project), Series 2016-A, 5.00% 2036 |
500 | 579 |
Municipal Fin. Auth., Educational Rev. Bonds (American Heritage Education Foundation Project), Series 2016-A, 5.00% 2046 |
750 | 862 |
Municipal Fin. Auth., Jurupa Lease Rev. Ref. Bonds (Wineville Unified School Dist.), Series 2015-A, BAM insured, 5.00% 2042 |
4,500 | 5,303 |
Municipal Fin. Auth., Rev. Bonds (Biola University), Series 2013, 5.00% 2042 | 1,000 | 1,143 |
Municipal Fin. Auth., Rev. Bonds (Caritas Mobile Home Park), Series 2014-A, 5.25% 2049 | 1,750 | 2,057 |
Municipal Fin. Auth., Rev. Bonds (Harbor Regional Center Project), 5.00% 2032 | 1,500 | 1,825 |
Municipal Fin. Auth., Rev. Bonds (Harbor Regional Center Project), 5.00% 2039 | 1,000 | 1,195 |
Municipal Fin. Auth., Rev. Bonds (Harbor Regional Center Project), Series 2009, 8.00% 2029 (preref. 2019) | 1,500 | 1,847 |
Municipal Fin. Auth., Rev. Bonds (Loma Linda University), Series 2007, 5.00% 2028 | 1,000 | 1,027 |
Municipal Fin. Auth., Rev. Bonds (Loma Linda University), Series 2007, 5.00% 2037 | 1,420 | 1,457 |
Municipal Fin. Auth., Rev. Bonds (University of La Verne), Series 2010-A, 5.75% 2025 | 4,000 | 4,608 |
Municipal Fin. Auth., Rev. Bonds (University of La Verne), Series 2010-A, 6.125% 2030 | 1,000 | 1,168 |
The Tax-Exempt Fund of California — Page 3 of 22
Bonds, notes & other debt instruments California (continued) State issuers (continued) |
Principal amount (000) |
Value (000) |
Municipal Fin. Auth., Rev. Bonds (University Students’ Cooperative Assn.), Series 2007, 4.75% 2027 | $1,220 | $1,241 |
Municipal Fin. Auth., Rev. Bonds (University Students’ Cooperative Assn.), Series 2007, 5.00% 2037 | 5,000 | 5,082 |
Municipal Fin. Auth., Rev. Ref. Bonds (Azusa Pacific University Project), Series 2011-B, 8.00% 20412 | 8,550 | 11,291 |
Municipal Fin. Auth., Rev. Ref. Bonds (Azusa Pacific University Project), Series 2015-B, 5.00% 2028 | 1,135 | 1,350 |
Municipal Fin. Auth., Rev. Ref. Bonds (Azusa Pacific University Project), Series 2015-B, 5.00% 2029 | 1,390 | 1,646 |
Municipal Fin. Auth., Rev. Ref. Bonds (Biola University), Series 2008-A, 5.00% 2018 | 1,000 | 1,050 |
Municipal Fin. Auth., Rev. Ref. Bonds (Biola University), Series 2008-A, 5.625% 2023 | 1,500 | 1,618 |
Municipal Fin. Auth., Rev. Ref. Bonds (Biola University), Series 2008-A, 5.80% 2028 | 4,700 | 5,064 |
Municipal Fin. Auth., Rev. Ref. Bonds (Biola University), Series 2008-A, 5.875% 2034 | 3,000 | 3,230 |
Municipal Fin. Auth., Rev. Ref. Bonds (Inland Regional Center Project), 5.00% 2032 | 3,000 | 3,627 |
Municipal Fin. Auth., Rev. Ref. Bonds (Inland Regional Center Project), 5.00% 2037 | 2,000 | 2,374 |
Municipal Fin. Auth., Rev. Ref. Bonds (Inland Regional Center Project), 5.00% 2045 | 4,000 | 4,737 |
Municipal Fin. Auth., Rev. Ref. Bonds (University of San Diego), Series 2011-B, 5.00% 2031 | 1,750 | 2,054 |
Municipal Fin. Auth., Rev. Ref. Bonds (University of San Diego), Series 2012-A, 5.00% 2031 | 1,475 | 1,749 |
Municipal Fin. Auth., Rev. Ref. Bonds (University of San Diego), Series 2012-A, 5.00% 2032 | 1,000 | 1,182 |
Municipal Fin. Auth., Solid Waste Rev. Ref. Bonds, (Republic Services, Inc. Project), Series 2010, 0.60% 2021 (put 2016)1 |
2,750 | 2,750 |
Northern California Gas Auth. No. 1, Gas Project Rev. Bonds, Series 2007-B, 1.063% 20191 | 5,675 | 5,585 |
Northern California Power Agcy., Geothermal Project Number 3 Rev. Bonds, Series 2009-A, 5.50% 2022 |
1,000 | 1,140 |
Northern California Power Agcy., Hydroelectric Project Number One Rev. Ref. Bonds, Series 2010-A, 5.00% 2023 |
3,680 | 4,083 |
Northern California Power Agcy., Hydroelectric Project Number One Rev. Ref. Bonds, Series 2012-A, 5.00% 2029 |
1,570 | 1,879 |
Northern California Power Agcy., Hydroelectric Project Number One Rev. Ref. Bonds, Series 2012-A, 5.00% 2030 |
1,000 | 1,191 |
Northern California Power Agcy., Lodi Energy Center Rev. Bonds, Issue One, Series 2010-A, 5.00% 2020 |
2,010 | 2,333 |
Northern California Power Agcy., Lodi Energy Center Rev. Bonds, Issue One, Series 2010-A, 5.00% 2025 |
6,000 | 6,809 |
Northern California Transmission Agcy., Rev. Ref. Bonds (California-Oregon Transmission Project), Series 2009-A, 5.00% 2022 |
895 | 995 |
Northern California Transmission Agcy., Rev. Ref. Bonds (California-Oregon Transmission Project), Series 2009-A, 5.00% 2022 (preref. 2019) |
1,105 | 1,238 |
Northern California Transmission Agcy., Rev. Ref. Bonds (California-Oregon Transmission Project), Series 2016-A, 5.00% 2037 |
2,000 | 2,487 |
Northern California Transmission Agcy., Rev. Ref. Bonds (California-Oregon Transmission Project), Series 2016-A, 5.00% 2038 |
1,000 | 1,244 |
Northern California Transmission Agcy., Rev. Ref. Bonds (California-Oregon Transmission Project), Series 2016-A, 5.00% 2039 |
1,000 | 1,244 |
Pollution Control Fin. Auth., Solid Waste Disposal Rev. Ref. Bonds (Waste Management, Inc. Project), Series 2015-B-2, AMT, 3.125% 2040 (put 2025) |
2,000 | 2,135 |
Pollution Control Fncg. Auth., Pollution Control Rev. Ref. Bonds (Pacific Gas and Electric Co.), Series 2004-C, AMT, AMBAC-FGIC insured, 4.75% 2023 | 5,000 | 5,163 |
Pollution Control Fncg. Auth., Pollution Control Rev. Ref. Bonds (Pacific Gas and Electric Co.), Series 2004-D, AMT, FGIC insured, 4.75% 2023 | 1,000 | 1,033 |
Pollution Control Fncg. Auth., Water Furnishing Rev. Bonds (Poseidon Resources (Channelside) LP Desalination Project), Series 2012 Plant Bonds, AMT, 5.00% 20452 | 7,000 | 7,900 |
Public Works Board, Lease Rev. Bonds (Dept. of Corrections, State Prison, Imperial County), Series 1991-A, 6.50% 2017 (escrowed to maturity) | 335 | 346 |
Public Works Board, Lease Rev. Bonds (Regents of the University of California, University of California Research Project), Series 2006-E, 5.00% 2027 (preref. 2016) | 2,275 | 2,293 |
Public Works Board, Lease Rev. Bonds (Regents of the University of California, Various University of California Projects), Series 2009-E, 5.00% 2024 (preref. 2019) | 2,500 | 2,790 |
The Tax-Exempt Fund of California — Page 4 of 22
Bonds, notes & other debt instruments California (continued) State issuers (continued) |
Principal amount (000) |
Value (000) |
Public Works Board, Lease Rev. Bonds (Regents of the University of California, Various University of California Projects), Series 2009-E, 5.00% 2034 (preref. 2019) | $1,500 | $1,674 |
Public Works Board, Lease Rev. Bonds (Various Capital Projects), Series 2009-I-1, 6.125% 2029 | 2,000 | 2,347 |
Public Works Board, Lease Rev. Bonds (Various Capital Projects), Series 2009-I-1, 6.625% 2034 | 200 | 201 |
Public Works Board, Lease Rev. Bonds (Various Capital Projects), Series 2010-A-1, 5.75% 2030 | 2,000 | 2,346 |
Public Works Board, Lease Rev. Bonds (Various Capital Projects), Series 2010-A-1, 6.00% 2035 | 2,000 | 2,360 |
Public Works Board, Lease Rev. Bonds (Various Capital Projects), Series 2012-A, 5.00% 2033 | 1,500 | 1,770 |
Public Works Board, Lease Rev. Bonds (Various Capital Projects), Series 2012-A, 5.00% 2037 | 4,500 | 5,270 |
Public Works Board, Lease Rev. Ref. Bonds (Dept. of Corrections and Rehabilitation, State Prison-Monterey County (Soledad II)), Series 2006-F, FGIC-National insured, 5.25% 2019 | 1,500 | 1,718 |
Public Works Board, Lease Rev. Ref. Bonds (Regents of the University of California, Various University of California Projects), Series 2007-A, FGIC-National insured, 5.25% 2023 (escrowed to maturity) | 1,890 | 2,418 |
Public Works Board, Lease Rev. Ref. Bonds (Trustees of the California State University, Various California University Projects), Series 2006-A, FGIC-National insured, 5.00% 2016 | 1,000 | 1,008 |
School Fin. Auth., Charter School Rev. Bonds (Classical Academies Project), Series 2013-A-1, 7.375% 2043 | 3,500 | 4,285 |
School Fin. Auth., Charter School Rev. Bonds (Downtown College Prep Obligated Group), Series 2016, 4.75% 20362 |
1,365 | 1,423 |
School Fin. Auth., Charter School Rev. Bonds (Downtown College Prep Obligated Group), Series 2016, 5.00% 20512 |
1,410 | 1,481 |
School Fin. Auth., Charter School Rev. Bonds (Rocketship Education - Obligated Group), Series 2016-A, 5.00% 20362 | 1,000 | 1,073 |
School Fin. Auth., Charter School Rev. Bonds (Rocketship Education - Obligated Group), Series 2016-A, 5.00% 20462 | 500 | 529 |
School Fin. Auth., Educational Fac. Rev. Bonds (River Springs Charter School Project), Series 2015-A, 6.375% 20462 |
4,300 | 4,664 |
Southern California Home Fncg. Auth., Single Family Mortgage Rev. Bonds, Series 2007-A, AMT, 5.80% 2049 | 110 | 112 |
Southern California Public Power Auth., Gas Project Rev. Bonds (Project No. 1), Series 2007-A, 5.00% 2028 | 2,500 | 3,159 |
Southern California Public Power Auth., Gas Project Rev. Bonds (Project No. 1), Series 2007-A, 5.25% 2021 | 2,500 | 2,994 |
Southern California Public Power Auth., Gas Project Rev. Bonds (Project No. 1), Series 2007-A, 5.25% 2025 | 3,000 | 3,765 |
Southern California Public Power Auth., Rev. Bonds (Milford Wind Corridor Phase I Project), Series 2010-1, 5.00% 2030 |
2,000 | 2,263 |
Southern California Public Power Auth., Rev. Bonds (Milford Wind Corridor Phase II Project), Series 2011-1, 5.25% 2028 |
2,500 | 2,999 |
Southern California Public Power Auth., Transmission Project Rev. Bonds (Southern Transmission Project), Series 2008-B, 6.00% 2027 (preref. 2018) | 3,200 | 3,536 |
Southern California Public Power Auth., Transmission Project Rev. Ref. Bonds (Southern Transmission Project), Series 2008-A, 5.00% 2022 | 4,960 | 5,388 |
Statewide Communities Dev. Auth., Rev. Bonds (Adventist Health System/West), Series 2015-A, 5.00% 2031 | 2,000 | 2,502 |
Statewide Communities Dev. Auth., Rev. Bonds (Adventist Health System/West), Series 2015-A, 5.00% 2032 | 2,115 | 2,638 |
Statewide Communities Dev. Auth., Rev. Bonds (Adventist Health System/West), Series 2015-A, 5.00% 2035 | 3,000 | 3,689 |
Statewide Communities Dev. Auth., Rev. Bonds (Beverly Community Hospital Association), 5.00% 2030 | 2,575 | 3,102 |
Statewide Communities Dev. Auth., Rev. Ref. Bonds (Rady Children’s Hospital), Series 2016-B, 5.00% 2027 | 575 | 762 |
Statewide Communities Dev. Auth., Certs. of Part. (Internext Group), 5.375% 2017 | 140 | 141 |
Statewide Communities Dev. Auth., Insured Health Fac. Rev. Bonds (Los Angeles Jewish Home for the Aging), Series 2008, 5.00% 2028 | 1,500 | 1,613 |
Statewide Communities Dev. Auth., Insured Health Fac. Rev. Bonds (Los Angeles Jewish Home for the Aging), Series 2008, 5.00% 2037 | 2,000 | 2,114 |
Statewide Communities Dev. Auth., Insured Senior Living Health Fac. Rev. Bonds (Los Angeles Jewish Home for the Aging - Fountainview at Gonda), Series 2014-A, 5.00% 2044 | 1,000 | 1,185 |
Statewide Communities Dev. Auth., Insured Senior Living Health Fac. Rev. Bonds (Los Angeles Jewish Home for the Aging - Fountainview at Gonda), Series 2014-B, 3.00% 2021 | 2,200 | 2,212 |
Statewide Communities Dev. Auth., Insured Senior Living Health Fac. Rev. Bonds (Los Angeles Jewish Home for the Aging - Fountainview at Gonda), Series 2014-D, 4.75% 2020 | 2,000 | 2,007 |
The Tax-Exempt Fund of California — Page 5 of 22
Bonds, notes & other debt instruments California (continued) State issuers (continued) |
Principal amount (000) |
Value (000) |
Statewide Communities Dev. Auth., Rev. Bonds (Buck Institute for Research on Aging), Series 2014, Assured Guaranty Municipal insured, 5.00% 2049 |
$5,250 | $6,254 |
Statewide Communities Dev. Auth., Rev. Bonds (Covenant Retirement Communities, Inc.), Series 2013-C, 5.625% 2036 | 2,000 | 2,285 |
Statewide Communities Dev. Auth., Rev. Bonds (Front Porch Communities and Services Project), Series 2007-A, 5.125% 20372 |
9,500 | 9,680 |
Statewide Communities Dev. Auth., Rev. Bonds (Inland Regional Center Project), Series 2007, 5.00% 2017 (escrowed to maturity) |
1,425 | 1,479 |
Statewide Communities Dev. Auth., Rev. Bonds (Inland Regional Center Project), Series 2007, 5.25% 2027 (preref. 2017) |
2,000 | 2,127 |
Statewide Communities Dev. Auth., Rev. Bonds (Inland Regional Center Project), Series 2007, 5.375% 2037 (preref. 2017) |
6,500 | 6,928 |
Statewide Communities Dev. Auth., Rev. Bonds (John Muir Health), Series 2006-A, 5.00% 2019 | 4,465 | 4,474 |
Statewide Communities Dev. Auth., Rev. Bonds (John Muir Health), Series 2016-A, 4.00% 2046 | 6,500 | 7,122 |
Statewide Communities Dev. Auth., Rev. Bonds (John Muir Health), Series 2016-A, 4.00% 2051 | 2,750 | 2,990 |
Statewide Communities Dev. Auth., Rev. Bonds (Kaiser Permanente), Series 2012-A, 5.00% 2042 |
6,500 | 7,594 |
Statewide Communities Dev. Auth., Rev. Bonds (Lancer Educational Student Housing Project), Series 2007-A, 5.625% 2033 |
3,000 | 3,090 |
Statewide Communities Dev. Auth., Rev. Bonds (Lancer Plaza Project), Series 2013, 5.625% 2033 | 1,350 | 1,457 |
Statewide Communities Dev. Auth., Rev. Bonds (Lancer Plaza Project), Series 2013, 5.875% 2043 | 935 | 1,012 |
Statewide Communities Dev. Auth., Rev. Bonds (Loma Linda University Medical Center), Series 2014-A, 5.25% 2044 |
4,155 | 4,797 |
Statewide Communities Dev. Auth., Rev. Bonds (Sutter Health), Series 2011-A, 5.25% 2024 | 1,000 | 1,178 |
Statewide Communities Dev. Auth., Rev. Bonds (Sutter Health), Series 2011-A, 6.00% 2042 | 4,500 | 5,411 |
Statewide Communities Dev. Auth., Rev. Bonds (Terraces at San Joaquin Gardens Project), Series 2012-A, 6.00% 2042 |
1,750 | 1,946 |
Statewide Communities Dev. Auth., Rev. Bonds (Terraces at San Joaquin Gardens Project), Series 2012-A, 6.00% 2047 |
2,000 | 2,220 |
Statewide Communities Dev. Auth., Rev. Ref. Bonds (American Baptist Homes of the West), Series 2010, 6.00% 2029 |
1,125 | 1,282 |
Statewide Communities Dev. Auth., Rev. Ref. Bonds (American Baptist Homes of the West), Series 2010, 6.25% 2039 |
5,300 | 6,101 |
Statewide Communities Dev. Auth., Rev. Ref. Bonds (California Baptist University), Series 2007-A, 5.40% 2027 | 3,000 | 3,126 |
Statewide Communities Dev. Auth., Rev. Ref. Bonds (California Baptist University), Series 2007-A, 5.50% 2038 | 1,500 | 1,556 |
Statewide Communities Dev. Auth., Rev. Ref. Bonds (Catholic Healthcare West), Series 2008-B, 5.50% 2030 |
955 | 998 |
Statewide Communities Dev. Auth., Rev. Ref. Bonds (Catholic Healthcare West), Series 2008-D, 5.50% 2031 |
6,090 | 6,363 |
Statewide Communities Dev. Auth., Rev. Ref. Bonds (Cottage Health System Obligated Group), Series 2010, 5.00% 2040 |
2,000 | 2,264 |
Statewide Communities Dev. Auth., Rev. Ref. Bonds (Enloe Medical Center), 5.00% 2031 | 1,000 | 1,259 |
Statewide Communities Dev. Auth., Rev. Ref. Bonds (Enloe Medical Center), 5.00% 2034 | 500 | 620 |
Statewide Communities Dev. Auth., Rev. Ref. Bonds (Enloe Medical Center), 5.00% 2035 | 5,050 | 6,237 |
Statewide Communities Dev. Auth., Rev. Ref. Bonds (Episcopal Communities and Services), Series 2012, 5.00% 2032 |
700 | 805 |
Statewide Communities Dev. Auth., Rev. Ref. Bonds (Episcopal Communities and Services), Series 2012, 5.00% 2047 |
2,100 | 2,368 |
Statewide Communities Dev. Auth., Rev. Ref. Bonds (Huntington Memorial Hospital), Series 2005, 5.00% 2019 |
165 | 166 |
Statewide Communities Dev. Auth., Rev. Ref. Bonds (Huntington Memorial Hospital), Series 2014-B, 5.00% 2031 |
1,750 | 2,100 |
Statewide Communities Dev. Auth., Rev. Ref. Bonds (Trinity Health Credit Group), Series 2011, 5.00% 2041 | 1,500 | 1,744 |
The Tax-Exempt Fund of California — Page 6 of 22
Bonds, notes & other debt instruments California (continued) State issuers (continued) |
Principal amount (000) |
Value (000) |
Statewide Communities Dev. Auth., Senior Living Rev. Ref. Bonds (Southern California Presbyterian Homes), Series 2006-A, 4.75% 2026 (preref. 2016)2 | $2,000 | $2,026 |
Statewide Communities Dev. Auth., Senior Living Rev. Ref. Bonds (Southern California Presbyterian Homes), Series 2006-A, 4.875% 2036 (preref. 2016)2 | 6,500 | 6,587 |
Statewide Communities Dev. Auth., Senior Living Rev. Ref. Bonds (Southern California Presbyterian Homes), Series 2009, 7.25% 20412 | 2,000 | 2,340 |
Statewide Communities Dev. Auth., Student Housing Rev. Bonds (CHF-Irvine, LLC-UCI East Campus Apartments, Phase II), Series 2008, 5.50% 2026 (preref. 2018) | 3,500 | 3,811 |
Statewide Communities Dev. Auth., Student Housing Rev. Bonds (CHF-Irvine, LLC-UCI East Campus Apartments, Phase II), Series 2008, 6.00% 2040 (preref. 2018) | 4,750 | 5,214 |
Statewide Communities Dev. Auth., Student Housing Rev. Ref. Bonds (CHF-Irvine, LLC - UCI East Campus Apartments, Phase I), Series 2011, 5.375% 2038 | 1,260 | 1,466 |
Statewide Communities Dev. Auth., Student Housing Rev. Ref. Bonds (University of California, Irvine East Campus Apartments, CHF-Irvine, L.L.C.), Series 2016, 5.00% 2029 | 1,000 | 1,256 |
Statewide Communities Dev. Auth., Student Housing Rev. Ref. Bonds (University of California, Irvine East Campus Apartments, CHF-Irvine, L.L.C.), Series 2016, 5.00% 2030 | 1,500 | 1,877 |
Statewide Communities Dev. Auth., Student Housing Rev. Ref. Bonds (University of California, Irvine East Campus Apartments, CHF-Irvine, L.L.C.), Series 2016, 5.00% 2035 | 1,250 | 1,525 |
Tuolumne Wind Project Auth., Rev. Bonds (Tuolumne Co. Project), Series 2009-A, 5.00% 2019 | 1,000 | 1,102 |
Tuolumne Wind Project Auth., Rev. Bonds (Tuolumne Co. Project), Series 2009-A, 5.00% 2021 | 2,000 | 2,205 |
Tuolumne Wind Project Auth., Rev. Bonds (Tuolumne Co. Project), Series 2009-A, 5.625% 2029 | 2,780 | 3,099 |
Regents of the University of California, Limited Project Rev. Bonds, Series 2015-I, 5.00% 2017 |
4,625 | 4,794 |
Regents of the University of California, Limited Project Rev. Bonds, Series 2016-K, 5.00% 2033 |
2,110 | 2,668 |
Regents of the University of California, Limited Project Rev. Bonds, Series 2016-K, 5.00% 2034 |
2,500 | 3,149 |
Regents of the University of California, Limited Project Rev. Bonds, Series 2016-K, 5.00% 2035 |
9,390 | 11,780 |
Regents of the University of California, Medical Center Pooled Rev. Ref. Bonds, Series 2007-C-2, National insured, 1.09% 20371 |
5,000 | 4,589 |
Regents of the University of California, Medical Center Pooled Rev. Ref. Bonds, Series 2007-C-2, National insured, 1.16% 20431 |
8,000 | 7,006 |
Dept. of Water Resources, Power Supply Rev. Ref. Bonds, Series 2015-O, 5.00% 2022 | 2,500 | 3,074 |
778,344 | ||
City & county issuers 56.57% | ||
Alameda Corridor Transportation Auth., Rev. Ref. Bonds, Series 2013-A, 5.00% 2025 | 1,700 | 2,106 |
Alameda Corridor Transportation Auth., Rev. Ref. Bonds, Series 2013-A, 5.00% 2026 | 6,375 | 7,843 |
Alameda Corridor Transportation Auth., Rev. Ref. Bonds, Series 2016-B, 5.00% 2034 | 2,000 | 2,457 |
Alameda Corridor Transportation Auth., Rev. Ref. Bonds, Series 2016-B, 5.00% 2035 | 3,000 | 3,670 |
Alameda Corridor Transportation Auth., Rev. Ref. Bonds, Series 2016-B, 5.00% 2036 | 1,000 | 1,217 |
Alameda Corridor Transportation Auth., Rev. Ref. Bonds, Series 2016-B, 5.00% 2037 | 1,000 | 1,216 |
Alameda Corridor Transportation Auth., Rev. Ref. Bonds, Series 2016-B, Assured Guaranty Municipal insured, 4.00% 2035 | 2,500 | 2,787 |
Alameda Corridor Transportation Auth., Rev. Ref. Bonds, Series 2016-B, Assured Guaranty Municipal insured, 4.00% 2037 | 2,000 | 2,219 |
Alameda Corridor Transportation Auth., Rev. Ref. Bonds, Series 2016-B, Assured Guaranty Municipal insured, 5.00% 2036 | 1,500 | 1,841 |
Community Facs. Dist. No. 2013-1, City of Alameda (Alameda Landing Public Improvements), Special Tax Bonds, Series 2016, 5.00% 2042 |
1,000 | 1,158 |
City of Alhambra, Rev. Bonds (Atherton Baptist Homes Project), Series 2010-A, 7.625% 2040 | 3,750 | 4,259 |
Anaheim Public Fncg. Auth., Lease Rev. Bonds (Anaheim Public Improvement Project), Series 1997-C, Assured Guaranty Municipal insured, 0% 2022 | 2,000 | 1,790 |
The Tax-Exempt Fund of California — Page 7 of 22
Bonds, notes & other debt instruments California (continued) City & county issuers (continued) |
Principal amount (000) |
Value (000) |
Anaheim, Public Fncg. Auth., Lease Rev. Bonds (Anaheim Convention Center Expansion Project), Series 2014-A, 5.00% 2028 |
$1,000 | $1,243 |
Anaheim Public Fncg. Auth., Rev. Ref. Bonds (Electric Distribution System Ref.), Series 2012-A, 5.00% 2027 | 3,500 | 4,271 |
Antelope Valley Community College Dist., Election of 2004 G.O. Bonds (Kern and Los Angeles Counties), Series 2004-C, National insured, 5.00% 2023 (preref. 2017) | 1,000 | 1,046 |
City of Azusa, Community Facs. Dist. No. 2005-1 (Rosedale), Improvement Area No. 1, Special Tax Bonds, Series 2007, 5.00% 2027 | 1,160 | 1,174 |
Baldwin Park Unified School Dist. (Los Angeles County), G.O. Rev. Ref. Bonds, Series 2016, Assured Guaranty Municipal insured, 4.00% 2031 | 6,420 | 7,360 |
Banning Unified School Dist., G.O. Rev. Ref. Bonds (Riverside County), Series 2016, Assured Guaranty Municipal insured, 4.00% 2031 | 1,500 | 1,715 |
Banning Unified School Dist., G.O. Rev. Ref. Bonds (Riverside County), Series 2016, Assured Guaranty Municipal insured, 4.00% 2032 | 1,000 | 1,139 |
Assn. of Bay Area Governments, Fin. Auth. for Nonprofit Corps., Insured Rev. Ref. Bonds (Casa de las Campanas, Inc.), Series 2010, 6.00% 2037 |
6,000 | 7,090 |
Assn. of Bay Area Governments, Fin. Auth. for Nonprofit Corps., Insured Rev. Ref. Bonds (Channing House), Series 2010, 6.00% 2030 |
2,000 | 2,355 |
Assn. of Bay Area Governments, Fin. Auth. for Nonprofit Corps., Insured Rev. Ref. Bonds (Channing House), Series 2010, 6.125% 2040 |
3,000 | 3,520 |
Assn. of Bay Area Governments, Fin. Auth. for Nonprofit Corps., Insured Senior Living Rev. Ref. Bonds (Odd Fellows Home of California), Series 2012-A, 5.00% 2032 | 5,000 | 5,991 |
Assn. of Bay Area Governments, Fin. Auth. for Nonprofit Corps., Rev. Bonds (Windemere Ranch Infrastructure Fncg. Program), Series 2007-A, CIFG insured, 4.75% 2034 | 675 | 702 |
Assn. of Bay Area Governments, Fin. Auth. for Nonprofit Corps., Rev. Bonds (Windemere Ranch Infrastructure Fncg. Program), Series 2007-A, CIFG insured, 5.00% 2021 | 1,000 | 1,045 |
Assn. of Bay Area Governments, Fin. Auth. for Nonprofit Corps., Rev. Bonds (Windemere Ranch Infrastructure Fncg. Program), Series 2007-A, CIFG insured, 5.00% 2024 | 1,095 | 1,142 |
Assn. of Bay Area Governments, Fin. Auth. for Nonprofit Corps., Rev. Bonds (Windemere Ranch Infrastructure Fncg. Program), Series 2007-A, CIFG insured, 5.00% 2025 | 2,595 | 2,707 |
Assn. of Bay Area Governments, Fin. Auth. for Nonprofit Corps., Rev. Ref. Bonds (Episcopal Senior Communities), Series 2011, 6.125% 2041 |
3,000 | 3,498 |
Assn. of Bay Area Governments, Fin. Auth. for Nonprofit Corps., Rev. Ref. Bonds (Episcopal Senior Communities), Series 2012-A, 5.00% 2032 |
1,000 | 1,140 |
Assn. of Bay Area Governments, Fin. Auth. for Nonprofit Corps., Rev. Ref. Bonds (Episcopal Senior Communities), Series 2012-A, 5.00% 2047 |
4,000 | 4,512 |
Assn. of Bay Area Governments, Fin. Auth. for Nonprofit Corps., Rev. Ref. Bonds (Episcopal Senior Communities), Series 2012-B, 5.00% 2019 |
545 | 600 |
Assn. of Bay Area Governments, Fin. Auth. for Nonprofit Corps., Rev. Ref. Bonds (Episcopal Senior Communities), Series 2012-B, 5.00% 2021 |
265 | 307 |
Assn. of Bay Area Governments, Fin. Auth. for Nonprofit Corps., Rev. Ref. Bonds (Eskaton Properties Inc. Obligated Group), Series 2013, 5.00% 2021 |
1,000 | 1,167 |
Assn. of Bay Area Governments, Fin. Auth. for Nonprofit Corps., Rev. Ref. Bonds (Eskaton Properties Inc. Obligated Group), Series 2013, 5.00% 2035 |
4,600 | 5,207 |
Assn. of Bay Area Governments, Fin. Auth. for Nonprofit Corps., Rev. Ref. Bonds (Sharp HealthCare), Series 2009-B, 6.25% 2039 |
4,000 | 4,642 |
Assn. of Bay Area Governments, Fin. Auth. for Nonprofit Corps., Rev. Ref. Bonds (Sharp HealthCare), Series 2011-A, 6.00% 2030 |
1,000 | 1,227 |
Assn. of Bay Area Governments, Fin. Auth. for Nonprofit Corps., Rev. Ref. Bonds (Sharp HealthCare), Series 2014-A, 5.00% 2043 |
1,000 | 1,192 |
Bay Area Toll Auth., San Francisco Bay Area Toll Bridge Rev. Ref. Bonds, Series 2006-C-1, 1.34% 2045 (put 2023)1 |
2,000 | 1,999 |
Bay Area Toll Auth., San Francisco Bay Area Toll Bridge Rev. Ref. Bonds, Series 2008-B-1, 1.54% 2045 (put 2024)1 |
7,500 | 7,579 |
The Tax-Exempt Fund of California — Page 8 of 22
Bonds, notes & other debt instruments California (continued) City & county issuers (continued) |
Principal amount (000) |
Value (000) |
Bay Area Toll Auth., San Francisco Bay Area Toll Bridge Rev. Ref. Bonds, Series 2008-F-1, 5.00% 2039 (preref. 2018) |
$2,000 | $2,149 |
Bay Area Toll Auth., San Francisco Bay Area Toll Bridge Rev. Ref. Bonds, Series 2008-F-1, 5.125% 2047 (preref. 2018) |
6,000 | 6,459 |
Bay Area Toll Auth., San Francisco Bay Area Toll Bridge Rev. Ref. Bonds, Series 2009-F-1, 5.125% 2039 (preref. 2019) |
2,000 | 2,240 |
Bay Area Toll Auth., San Francisco Bay Area Toll Bridge Rev. Ref. Bonds, Series 2009-F-1, 5.625% 2044 (preref. 2019) |
1,670 | 1,893 |
Bay Area Toll Auth., San Francisco Bay Area Toll Bridge Rev. Ref. Bonds, Series 2014-B, 1.50% 2047 |
3,950 | 3,988 |
Bay Area Toll Auth., San Francisco Bay Area Toll Bridge Rev. Ref. Bonds, Series 2014-F-1, 5.00% 2054 |
5,000 | 5,941 |
Bay Area Toll Auth., San Francisco Bay Area Toll Bridge Rev. Ref. Bonds, Series 2014-G, 1.04% 2034 (put 2020)1 |
2,750 | 2,739 |
Bay Area Toll Auth., San Francisco Bay Area Toll Bridge Rev. Ref. Bonds, Series 2014-H, 1.14% 2034 (put 2021)1 |
4,000 | 3,982 |
California County, Tobacco Securitization Agcy., Tobacco Settlement Asset-backed Bonds (Alameda County, Tobacco Asset Securitization Corp.), Series 2002, 5.75% 2029 | 640 | 646 |
City of Carlsbad, Reassessment Dist. No. 2012-1, Limited Obligation Ref. Bonds, 4.25% 2032 | 1,350 | 1,464 |
City of Carlsbad, Reassessment Dist. No. 2012-1, Limited Obligation Ref. Bonds, 5.00% 2035 | 1,300 | 1,454 |
Cathedral City Public Fncg. Auth., Tax Allocation Rev. Bonds (Cathedral City 2006 Merged Redev. Project Area), Series 2007-C, 5.00% 2030 | 3,675 | 3,725 |
Cathedral City, Redev. Agcy. Successor Agcy., Tax Allocation Rev. Ref. Bonds (HSG-Merged), Series 2014-B, Assured Guaranty Municipal insured, 5.00% 2029 | 1,000 | 1,219 |
Cathedral City, Redev. Agcy. Successor Agcy., Tax Allocation Rev. Ref. Bonds (HSG-Merged), Series 2014-B, Assured Guaranty Municipal insured, 5.00% 2030 | 1,050 | 1,275 |
Cerritos Community College Dist. (Los Angeles County), Election of 2004, G.O. Bonds, Series 2012-D, 5.00% 2038 |
1,000 | 1,188 |
Cerritos Public Fin. Auth., Tax Allocation Rev. Bonds (Cerritos Redev. Projects), Series 2002-A, AMBAC insured, 5.00% 2020 |
1,500 | 1,606 |
Cerritos Public Fin. Auth., Tax Allocation Rev. Bonds (Cerritos Redev. Projects), Series 2002-A, AMBAC insured, 5.00% 2021 |
500 | 535 |
Cerritos Public Fncg. Auth., 2002 Tax Allocation Rev. Bonds (Cerritos Redev. Projects), Series A, AMBAC insured, 5.00% 2017 |
1,000 | 1,051 |
Cerritos Public Fncg. Auth., 2002 Tax Allocation Rev. Bonds (Cerritos Redev. Projects), Series A, AMBAC insured, 5.00% 2019 |
2,560 | 2,747 |
Certs. of Part., Palomar Pomerado Health, 6.00% 2030 | 1,500 | 1,632 |
Certs. of Part., Palomar Pomerado Health, 6.00% 2041 | 3,710 | 3,996 |
Certs. of Part., Palomar Pomerado Health, 6.75% 2039 | 3,500 | 3,921 |
Chabot-Las Positas Community College Dist. (Alameda and Contra Costa Counties), G.O. Rev. Ref. Bonds, Series 2016, 4.00% 2034 | 9,940 | 11,366 |
Chino Public Fncg. Auth., Local Agcy. Rev. Ref. Bonds, Series 2015-A, Assured Guaranty Municipal insured, 5.00% 2030 | 1,010 | 1,219 |
Chino Public Fncg. Auth., Local Agcy. Rev. Ref. Bonds, Series 2015-A, Assured Guaranty Municipal insured, 5.00% 2031 | 500 | 600 |
Chula Vista Municipal Fncg. Auth., Special Tax Rev. Ref. Bonds, Series 2013, 5.00% 2021 | 970 | 1,137 |
Chula Vista Municipal Fncg. Auth., Special Tax Rev. Ref. Bonds, Series 2013, 5.00% 2022 | 1,455 | 1,731 |
City of Chula Vista, Industrial Dev. Rev. Ref. Bonds (San Diego Gas & Electric Co.), Series 2004-C, 5.875% 2034 |
2,260 | 2,564 |
Successor Agency to the Redev. Agcy. of the City of Chula Vista, Tax Allocation Rev. Ref. Bonds, Series 2016, Assured Guaranty Municipal insured, 5.00% 2029 | 890 | 1,128 |
Successor Agency to the Redev. Agcy. of the City of Chula Vista, Tax Allocation Rev. Ref. Bonds, Series 2016, Assured Guaranty Municipal insured, 5.00% 2030 | 920 | 1,162 |
The Tax-Exempt Fund of California — Page 9 of 22
Bonds, notes & other debt instruments California (continued) City & county issuers (continued) |
Principal amount (000) |
Value (000) |
Successor Agency to the Redev. Agcy. of the City of Chula Vista, Tax Allocation Rev. Ref. Bonds, Series 2016, Assured Guaranty Municipal insured, 5.00% 2034 | $1,180 | $1,464 |
Coachella Valley Unified School Dist., G.O. Bonds (Riverside and Imperial Counties), 2005 Election, Series 2016-E, Assured Guaranty Municipal insured, 4.00% 2045 |
6,555 | 7,310 |
Colton Joint Unified School Dist., G.O. Bonds (San Bernardino and Riverside Counties), 2008 Election, Series 2016-D, BAM insured, 4.00% 2030 |
1,300 | 1,485 |
Colton Joint Unified School Dist., G.O. Bonds (San Bernardino and Riverside Counties), 2008 Election, Series 2016-D, BAM insured, 4.00% 2031 |
1,200 | 1,369 |
Successor Agcy. of the Redev. Agcy. Of the City of Concord, Ref. Bonds (Contra Costa County), Series 2014, Build America Mutual insured, 5.00% 2023 | 925 | 1,125 |
County of Contra Costa Public Fncg. Auth., Lease Rev. Ref. Bonds (Medical Center Ref.), Series 2007-B, National insured, 5.00% 2017 | 5,000 | 5,185 |
Community Facs. Dist. No. 2002-1, City of Corona (Dos Lagos), Special Tax Bonds (Improvement Area No. 1), Series 2007, 4.75% 2027 | 1,000 | 1,012 |
Community Facs. Dist. No. 2002-1, City of Corona (Dos Lagos), Special Tax Bonds (Improvement Area No. 1), Series 2007, 5.00% 2037 | 2,500 | 2,530 |
Corona-Norco Unified School Dist. Public Fin. Auth., Special Tax Rev. Bonds, Series 2016-05-1, 4.00% 2045 | 2,205 | 2,340 |
County of El Dorado, Community Facs. Dist. No. 1992-1 (El Dorado Hills Dev.), 2012 Special Tax Rev. Ref. Bonds, 5.00% 2024 |
1,500 | 1,799 |
County of El Dorado, Community Facs. Dist. No. 1992-1 (El Dorado Hills Dev.), 2012 Special Tax Rev. Ref. Bonds, 5.00% 2025 |
2,585 | 3,082 |
Community Facs. Dist. No. 1, Elk Grove Unified School Dist. (Sacramento County), 2012 Special Tax Ref. Bonds, 4.00% 2033 |
2,535 | 2,732 |
Elk Grove Fin. Auth., Special Tax Rev. Bonds, Series 2015, BAM insured, 5.00% 2032 | 1,000 | 1,229 |
Elk Grove Fin. Auth., Special Tax Rev. Bonds, Series 2015, BAM insured, 5.00% 2033 | 1,000 | 1,224 |
Elk Grove Fin. Auth., Special Tax Rev. Bonds, Series 2015, BAM insured, 5.00% 2034 | 1,000 | 1,218 |
Elk Grove Fin. Auth., Special Tax Rev. Bonds, Series 2015, BAM insured, 5.00% 2035 | 1,000 | 1,211 |
Successor Agcy. to the Emeryville Redev. Agcy., Tax Allocation Rev. Ref. Bonds, Series 2014-A, Assured Guaranty Municipal insured, 5.00% 2023 |
1,500 | 1,875 |
Successor Agcy. to the Emeryville Redev. Agcy., Tax Allocation Rev. Ref. Bonds, Series 2014-A, Assured Guaranty Municipal insured, 5.00% 2026 |
2,000 | 2,504 |
Community Facs. Dist. No. 2015-1, Orange County (Esencia Village), Special Tax Ref. Bonds, Series A, 5.00% 2033 |
1,400 | 1,673 |
Folsom Public Fncg. Auth., Special Tax Rev. Bonds, Series 2007-A, AMBAC insured, 5.00% 2028 | 1,000 | 1,028 |
Folsom Public Fncg. Auth., Special Tax Rev. Bonds, Series 2007-B, 5.20% 2032 | 1,575 | 1,594 |
Foothill/Eastern Transportation Corridor Agcy., Toll Road Rev. Ref. Bonds, Assured Guaranty Municipal insured, 0% 2035 | 2,000 | 1,090 |
Foothill/Eastern Transportation Corridor Agcy., Toll Road Rev. Ref. Bonds, Series 2013-A, 6.00% 2053 |
7,500 | 9,106 |
Foothill/Eastern Transportation Corridor Agcy., Toll Road Rev. Ref. Bonds, Series 2013-B-1, 5.00% 2053 (put 2018) |
1,000 | 1,036 |
Foothill/Eastern Transportation Corridor Agcy., Toll Road Rev. Ref. Bonds, Series 2014-A, 6.00% 2049 |
5,800 | 7,042 |
Fremont Community Facs. Dist. No. 1, Special Tax Rev. Ref. Bonds (Pacific Commons), 5.00% 2030 | 2,220 | 2,635 |
City of Fullerton, Public Fin. Auth., Tax Allocation Rev. Bonds, Series 2005, AMBAC insured, 5.00% 2017 | 2,785 | 2,796 |
Successor Agcy. To the Community Dev. Agcy., Tax Allocation Bonds (Garden Grove Community Project), BAM insured, 5.00% 2029 | 1,500 | 1,886 |
Successor Agcy. To the Glendale Redev. Agcy., Tax Allocation Rev. Ref. Bonds (Central Glendale Redev. Project), BAM insured, 4.00% 2022 | 1,000 | 1,157 |
Successor Agcy. To the Glendale Redev. Agcy., Tax Allocation Rev. Ref. Bonds (Central Glendale Redev. Project), BAM insured, 4.00% 2023 | 500 | 586 |
Grossmont Union High School Dist., G.O. Bonds (San Diego County), 2004 Election, 0% 2032 | 7,000 | 4,532 |
Hemet Unified School Dist., Fin. Auth. Special Tax Rev. Ref. Bonds, Series 2015, 5.00% 2039 | 750 | 864 |
The Tax-Exempt Fund of California — Page 10 of 22
Bonds, notes & other debt instruments California (continued) City & county issuers (continued) |
Principal amount (000) |
Value (000) |
Huntington Beach Union High School Dist., Capital Appreciation Bonds, 2004 Election, Assured Guaranty Municipal insured, 0% 2034 | $5,000 | $2,969 |
Independent Cities Lease Fin. Auth., Mobile Home Park Rev. Bonds (Santa Rosa Leisure Mobilehome Park), Series 2007-A, 5.60% 2037 | 1,590 | 1,635 |
Independent Cities Lease Fin. Auth., Mobile Home Park Rev. Bonds (Santa Rosa Leisure Mobilehome Park), Series 2007-A, 5.70% 2047 | 1,845 | 1,898 |
Independent Cities Lease Fin. Auth., Mobile Home Park Rev. Ref. Bonds (Westlake Mobilehome Park), Series 2007-A, 4.50% 2027 |
1,605 | 1,649 |
Independent Cities Lease Fin. Auth., Mobile Home Park Rev. Ref. Bonds (Westlake Mobilehome Park), Series 2007-A, 4.50% 2032 |
1,005 | 1,028 |
Independent Cities Lease Fin. Auth., Mobile Home Park Rev. Ref. Bonds (Westlake Mobilehome Park), Series 2007-A, 5.00% 2047 |
3,000 | 3,082 |
Successor Agcy. to the Indian Wells Redev. Agcy., Consolidated Whitewater Redev. Proj. Area, Tax Allocation Rev. Ref. Bonds, Series 2016-A, National insured, 4.00% 2030 | 1,250 | 1,413 |
Successor Agcy. to the Indian Wells Redev. Agcy., Consolidated Whitewater Redev. Proj. Area, Tax Allocation Rev. Ref. Bonds, Series 2016-A, National insured, 4.00% 2031 | 1,250 | 1,407 |
Successor Agcy. to the Inland Valley Dev. Agcy., Tax Allocation Ref. Bonds, Series 2014-A, 5.00% 2044 |
3,750 | 4,369 |
City of Irvine, Community Facs. Dist. No. 2013-3 (Great Park), Special Tax Bonds, 5.00% 2044 | 2,705 | 3,106 |
City of Irvine, Community Facs. Dist. No. 2013-3 (Great Park), Special Tax Bonds, 5.00% 2049 | 1,000 | 1,147 |
City of Irvine, Limited Obligation Improvement Bonds, Reassessment Dist. No. 12-1, 4.00% 2018 | 750 | 800 |
City of Irvine, Limited Obligation Improvement Bonds, Reassessment Dist. No. 12-1, 4.00% 2020 | 1,000 | 1,114 |
City of Irvine, Limited Obligation Improvement Bonds, Reassessment Dist. No. 13-1, 5.00% 2024 | 825 | 1,014 |
City of Irvine, Limited Obligation Improvement Bonds, Reassessment Dist. No. 13-1, 5.00% 2025 | 710 | 863 |
City of Irvine, Limited Obligation Improvement Bonds, Reassessment Dist. No. 13-1, 5.00% 2028 | 1,050 | 1,254 |
City of Irvine, Limited Obligation Improvement Bonds, Reassessment Dist. No. 15-1, 5.00% 2024 | 3,000 | 3,758 |
City of Irvine, Limited Obligation Improvement Bonds, Reassessment Dist. No. 15-2, 5.00% 2029 | 2,200 | 2,619 |
City of Irvine, Limited Obligation Improvement Bonds, Reassessment Dist. No. 15-2, 5.00% 2030 | 1,000 | 1,187 |
City of Irvine, Limited Obligation Improvement Bonds, Reassessment Dist. No. 15-2, 5.00% 2031 | 1,500 | 1,771 |
City of Irvine, Limited Obligation Improvement Bonds, Reassessment Dist. No. 15-2, 5.00% 2032 | 800 | 940 |
City of Irvine, Limited Obligation Improvement Bonds, Reassessment Dist. No. 15-2, 5.00% 2042 | 1,000 | 1,149 |
Irvine Unified School Dist., Community Facs. Dist. No. 01-1, Special Tax Rev. Ref. Bonds (South Irvine Communities), BAM insured, 5.00% 2031 | 2,000 | 2,478 |
Jurupa Public Fncg. Auth., Special Tax Rev. Bonds, Series 2014-A, 5.00% 2027 | 2,000 | 2,458 |
Jurupa Public Fncg. Auth., Special Tax Rev. Bonds, Series 2014-A, 5.00% 2042 | 1,000 | 1,166 |
Successor Agcy. to the La Quinta Redev. Agcy., Tax Allocation Ref. Bonds (La Quinta Redev. Project Areas No. 1 and 2), Series 2013-A, 5.00% 2028 |
2,130 | 2,560 |
Successor Agcy. to the La Quinta Redev. Agcy., Tax Allocation Ref. Bonds (La Quinta Redev. Project Areas No. 1 and 2), Series 2014-A, 5.00% 2029 |
1,000 | 1,226 |
Successor Agcy. to the La Quinta Redev. Agcy., Tax Allocation Ref. Bonds (La Quinta Redev. Project Areas No. 1 and 2), Series 2014-A, 5.00% 2032 |
1,515 | 1,837 |
Successor Agcy. to the La Quinta Redev. Agcy., Tax Allocation Ref. Bonds (La Quinta Redev. Project Areas No. 1 and 2), Series 2014-A, 5.00% 2034 |
2,150 | 2,587 |
City of La Verne, Rev. Certs. of Part. (Brethren Hillcrest Homes), Series 2014, 5.00% 2036 | 1,350 | 1,495 |
Lake Elsinore, Public Fncg. Auth., Local Agcy. Rev. Ref. Bonds, Series 2015, 5.00% 2029 | 4,965 | 5,955 |
Lake Elsinore, Public Fncg. Auth., Local Agcy. Rev. Ref. Bonds, Series 2015, 5.00% 2035 | 1,500 | 1,742 |
Lancaster Redev. Agcy., Combined Redev. Project Areas (Housing Programs), Tax Allocation Ref. Bonds, Series 2003, National insured, 5.25% 2018 | 1,935 | 2,074 |
Lee Lake Public Fncg. Auth., Special Tax Rev. Ref. Bonds, Series 2013-A, 5.25% 2027 | 2,000 | 2,433 |
Lincoln Public Fin. Auth., Special Tax Rev. Bonds, Series 2007-A, AMBAC insured, 4.50% 2034 | 3,615 | 3,680 |
City of Long Beach, Marina Rev. Bonds (Alamitos Bay Marina Project), Series 2015, 5.00% 2034 | 1,125 | 1,321 |
City of Long Beach, Marina Rev. Bonds (Alamitos Bay Marina Project), Series 2015, 5.00% 2045 | 1,750 | 2,022 |
City of Long Beach, Fncg. Auth. Rev. Ref. Bonds, Series 1992, AMBAC insured, 6.00% 2017 | 250 | 255 |
City of Long Beach, Harbor Rev. Bonds, Series 2014-C, 5.00% 2018 | 2,000 | 2,204 |
The Tax-Exempt Fund of California — Page 11 of 22
Bonds, notes & other debt instruments California (continued) City & county issuers (continued) |
Principal amount (000) |
Value (000) |
City of Long Beach, Harbor Rev. Ref. Bonds, Series 1998-A, AMT, FGIC-National insured, 6.00% 2019 | $3,500 | $4,004 |
Long Beach Bond Fin. Auth., Rev. Ref. Bonds (Aquarium of the Pacific Project), Series 2012, 5.00% 2021 | 1,220 | 1,467 |
Long Beach Bond Fin. Auth., Rev. Ref. Bonds (Aquarium of the Pacific Project), Series 2012, 5.00% 2024 | 1,000 | 1,179 |
Long Beach Bond Fin. Auth., Rev. Ref. Bonds (Aquarium of the Pacific Project), Series 2012, 5.00% 2025 | 1,000 | 1,177 |
Long Beach Bond Fin. Auth., Rev. Ref. Bonds (Aquarium of the Pacific Project), Series 2012, 5.00% 2026 | 1,000 | 1,177 |
Long Beach Community College Dist. (Los Angeles County), G.O. Bonds, 2008 Election, Series 2012-B, 5.00% 2026 |
3,575 | 4,382 |
Long Beach Unified School Dist., 2016 G.O. Rev. Ref. Bonds (County of Los Angeles), 4.00% 2031 | 3,720 | 4,362 |
City of Los Angeles, Community Facs. Dist. No. 4, Special Tax Ref. Bond (Playa Vista - Phase 1), Series 2014, 5.00% 2026 | 1,000 | 1,224 |
City of Los Angeles, Community Facs. Dist. No. 4, Special Tax Ref. Bond (Playa Vista - Phase 1), Series 2014, 5.00% 2027 | 2,000 | 2,413 |
City of Los Angeles, Community Facs. Dist. No. 4, Special Tax Ref. Bond (Playa Vista - Phase 1), Series 2014, 5.00% 2028 | 1,700 | 2,035 |
City of Los Angeles Harbor Dept., Rev. Bonds, Series 2009-A, 5.00% 2027 | 2,000 | 2,253 |
City of Los Angeles Harbor Dept., Rev. Bonds, Series 2009-B, 5.25% 2039 | 1,000 | 1,132 |
City of Los Angeles, Harbor Dept., Rev. Bonds, Series 2014-B, AMT, 5.00% 2032 | 3,000 | 3,618 |
City of Los Angeles, Harbor Dept., Rev. Ref. Bonds, Issue 1988, 7.60% 2018 (escrowed to maturity) | 515 | 555 |
City of Los Angeles Harbor Dept., Rev. Ref. Bonds, Series 2006-A, AMT, National insured, 5.00% 2020 | 6,000 | 6,143 |
City of Los Angeles Harbor Dept., Rev. Ref. Bonds, Series 2011-A, AMT, 5.00% 2021 | 2,085 | 2,472 |
City of Los Angeles Harbor Dept., Rev. Ref. Bonds, Series 2011-B, 5.00% 2023 | 1,000 | 1,201 |
City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2008-A-2, 5.25% 2032 | 2,000 | 2,182 |
City of Los Angeles, Dept. of Water and Power, Power System Rev. Ref. Bonds, Series 2009-A, 5.00% 2027 | 1,500 | 1,658 |
City of Los Angeles, Dept. of Water and Power, Power System Rev. Ref. Bonds, Series 2009-A, 5.00% 2028 | 1,835 | 2,025 |
City of Los Angeles, Dept. of Water and Power, Power System Rev. Ref. Bonds, Series 2009-B, 5.25% 2023 | 1,500 | 1,703 |
City of Los Angeles, Dept. of Water and Power, Water System Rev. Bonds, Series 2009-A, 5.375% 2038 | 1,500 | 1,666 |
City of Los Angeles, Wastewater System Rev. Ref. Bonds, Series 2009-A, 5.375% 2039 | 4,500 | 5,084 |
Community Redev. Agcy. of the City of Los Angeles, Lease Rev. Bonds (Vermont Manchester Social Services Project), Series 2005, AMBAC insured, 5.00% 2022 | 1,450 | 1,455 |
Community Redev. Agcy. of the City of Los Angeles, Lease Rev. Bonds (Vermont Manchester Social Services Project), Series 2005, AMBAC insured, 5.00% 2023 | 1,595 | 1,601 |
Community Redev. Agcy. of the City of Los Angeles, Lease Rev. Bonds (Vermont Manchester Social Services Project), Series 2005, AMBAC insured, 5.00% 2024 | 3,250 | 3,262 |
County of Los Angeles Redev. Ref. Auth., Tax Allocation Rev. Ref. Bonds (Bunker Hill Project), Series 2014-C, Assured Guaranty Municipal insured, 5.00% 2027 | 1,000 | 1,246 |
Dept. of Airports of the City of Los Angeles, Los Angeles International Airport, Rev. Bonds, Series 2016-A, AMT, 4.00% 2034 | 1,000 | 1,125 |
Dept. of Airports of the City of Los Angeles, Los Angeles International Airport, Rev. Bonds, Series 2016-A, AMT, 5.00% 2035 | 1,000 | 1,223 |
Dept. of Airports of the City of Los Angeles, Los Angeles International Airport, Rev. Bonds, Series 2016-A, AMT, 5.00% 2042 | 1,000 | 1,208 |
Dept. of Airports of the City of Los Angeles, Los Angeles International Airport, Rev. Bonds, Series 2010-B, 5.00% 2035 | 1,000 | 1,142 |
Dept. of Airports of the City of Los Angeles, Los Angeles International Airport, Rev. Ref. Bonds, Series 2008-A, AMT, 5.50% 2022 | 5,000 | 5,434 |
Dept. of Airports of the City of Los Angeles, Los Angeles International Airport, Rev. Ref. Bonds, Series 2009-A, 5.25% 2029 | 2,000 | 2,252 |
Dept. of Airports of the City of Los Angeles, Los Angeles International Airport, Rev. Ref. Bonds, Series 2010-A, 5.00% 2029 | 2,000 | 2,305 |
Dept. of Airports of the City of Los Angeles, Ontario International Airport, Rev. Ref. Bonds, Series 2006-A, AMT, National insured, 5.00% 2024 | 2,920 | 2,931 |
Dept. of Airports, Los Angeles International Airport Rev. Bonds, Series 2015-A, AMT, 5.00% 2027 | 1,250 | 1,563 |
Dept. of Airports, Los Angeles International Airport Rev. Bonds, Series 2015-A, AMT, 5.00% 2029 | 1,560 | 1,918 |
The Tax-Exempt Fund of California — Page 12 of 22
Bonds, notes & other debt instruments California (continued) City & county issuers (continued) |
Principal amount (000) |
Value (000) |
Housing Auth. of the City of Los Angeles, Mortgage Rev. Ref. Bonds (Property Acquisition Ref.), Series 2009-A, 6.375% 2039 |
$2,000 | $2,210 |
Housing Auth. of the City of Los Angeles, Multi-family Housing Rev. Ref. Bonds, Series 2007-A, 5.00% 2037 | 3,465 | 3,534 |
Housing Auth. of the City of Los Angeles, Multi-family Housing Rev. Ref. Bonds, Series 2007-A, 5.05% 2037 | 435 | 445 |
Los Angeles Community College Dist. (County of Los Angeles), G.O. Bonds, 2008 Election, Series 2010-C, 5.25% 2039 | 1,000 | 1,169 |
Los Angeles Community College Dist. (Los Angeles County), G.O. Bonds, 2008 Election, Series 2016-I, 4.00% 2031 |
1,650 | 1,927 |
Los Angeles Community College Dist. (Los Angeles County), G.O. Bonds, 2008 Election, Series 2016-I, 4.00% 2032 |
2,910 | 3,384 |
Los Angeles Community College Dist. (Los Angeles County), G.O. Bonds, 2008 Election, Series 2016-I, 4.00% 2033 |
3,000 | 3,471 |
Los Angeles Convention and Exhibition Center Auth., Lease Rev. Ref. Bonds, Series 2008-A, 5.00% 2020 (preref. 2018) | 3,000 | 3,273 |
Los Angeles County, Metropolitan Transportation Auth., Proposition C, Sales Tax Rev. Ref. Bonds, Series 2009-E, 5.00% 2026 |
2,000 | 2,246 |
Los Angeles County, Sanitation Dist. Fncg. Auth., Capital Projects Rev. Bonds (Dist. No. 14), Series 2015-A, 5.00% 2032 | 2,000 | 2,497 |
Los Angeles Unified School Dist. (County of Los Angeles), G.O. Bonds, Election of 2004, Series 2009-I, 5.00% 2034 |
2,000 | 2,252 |
Los Angeles Unified School Dist., G.O. Ref. Bonds (Dedicated Unlimited Ad Valorem Property Tax Bonds), Series 2016-A, 5.00% 2029 | 5,000 | 6,342 |
Municipal Improvement Corp. of Los Angeles, Lease Rev. Ref. Bonds (Capital Equipment), Series 2008-A, 5.00% 2025 (preref. 2018) | 3,000 | 3,280 |
Los Rios Community College Dist. (Sacramento County), 2012 G.O. Ref. Bonds, 5.00% 2028 | 3,000 | 3,645 |
M-S-R Energy Auth., Gas Rev. Bonds, Series 2009-B, 6.50% 2039 | 2,100 | 3,132 |
Manhattan Beach Unified School Dist. (Los Angeles County), G.O. Bonds, Series 1999-C, FGIC-National insured, 0% 2024 | 3,500 | 2,959 |
Menifee Union School Dist. Public Fncg. Auth., Special Tax Rev. Bonds, Series 2016-A, BAM insured, 5.00% 2034 |
1,000 | 1,204 |
Menifee Union School Dist. Public Fncg. Auth., Special Tax Rev. Bonds, Series 2016-A, BAM insured, 5.00% 2038 |
1,100 | 1,311 |
Merced Irrigation Distric, Electric System Rev. Ref. Bonds, Series 2015-A, Assured Guaranty Municipal insured, 5.00% 2030 | 2,065 | 2,536 |
Merced Irrigation Distric, Electric System Rev. Ref. Bonds, Series 2015-A, Assured Guaranty Municipal insured, 5.00% 2031 | 560 | 684 |
Monterey Peninsula Community College Dist. (Monterey County), G.O. Rev. Ref. Bonds, Series 2016, 0% 2028 |
1,500 | 1,119 |
Monterey Peninsula Community College Dist. (Monterey County), G.O. Rev. Ref. Bonds, Series 2016, 4.00% 2033 |
3,165 | 3,640 |
Moorpark Unified School Dist., G.O. Bonds (Ventura County), 2008 Election, Series 2011-B, Assured Guaranty Municipal insured, 0% 2036 | 2,000 | 1,050 |
Successor Agcy. to Morgan Hill Redev. Agcy., Rev. Ref. Bonds, Series 2013-A, 5.00% 2031 | 3,000 | 3,585 |
Murrieta Public Fncg. Auth., Special Tax Rev. Ref. Bonds, Series 2012, 5.00% 2022 | 1,000 | 1,195 |
Murrieta Public Fncg. Auth., Special Tax Rev. Ref. Bonds, Series 2012, 5.00% 2024 | 1,000 | 1,182 |
Murrieta Public Fncg. Auth., Special Tax Rev. Ref. Bonds, Series 2012, 5.00% 2031 | 3,000 | 3,485 |
Murrieta Valley Unified School Dist. (County of Riverside), G.O. Rev. Ref. Bonds, Series 2016, BAM insurance, 5.00% 2030 | 1,250 | 1,595 |
Murrieta Valley Unified School Dist., Public Fncg. Auth., Special Tax Rev. Bonds, Series 2016-A, 5.00% 2026 |
400 | 507 |
Murrieta Valley Unified School Dist., Public Fncg. Auth., Special Tax Rev. Bonds, Series 2016-A, 5.00% 2028 |
1,675 | 2,090 |
Murrieta Valley Unified School Dist., Public Fncg. Auth., Special Tax Rev. Bonds, Series 2016-A, 5.00% 2029 |
3,520 | 4,361 |
The Tax-Exempt Fund of California — Page 13 of 22
Bonds, notes & other debt instruments California (continued) City & county issuers (continued) |
Principal amount (000) |
Value (000) |
Murrieta Valley Unified School Dist., Public Fncg. Auth., Special Tax Rev. Bonds, Series 2016-A, 5.00% 2030 |
$1,750 | $2,161 |
Murrieta Valley Unified School Dist., Public Fncg. Auth., Special Tax Rev. Bonds, Series 2016-A, Assured Guaranty Municipal insured, 5.00% 2033 |
2,790 | 3,420 |
Napa Valley Unified School Dist., G.O. Rev. Ref. Bonds, Series 2016-C, 5.00% 2041 | 2,215 | 2,767 |
City of Norco, Community Facs. Dist. No. 2001-1 (Norco Ridge Ranch), Special Tax Ref. Bonds, Issue of 2006, AMBAC insured, 4.875% 2033 | 3,705 | 3,717 |
Oakland Redev. Successor Agcy., Tax Allocation Ref. Bonds (Central Dist. Redev. Project), Series 2013, 5.00% 2018 |
1,000 | 1,088 |
Oakland Unified School Dist., (County of Alameda), G.O. Bonds, Series 2013, 6.625% 2038 | 4,000 | 4,924 |
Oakland Unified School Dist., (County of Alameda), G.O. Bonds, Series 2015-A, 5.00% 2030 | 1,250 | 1,530 |
Oakland Unified School Dist., (County of Alameda), G.O. Bonds, Series 2015-A, 5.00% 2031 | 1,500 | 1,828 |
Oakland Unified School Dist., (County of Alameda), G.O. Bonds, Series 2015-A, 5.00% 2040 | 5,550 | 6,618 |
Port of Oakland, Rev. Ref. Bonds, Series 2007-A, AMT, National insured, 5.00% 2023 | 4,220 | 4,440 |
Port of Oakland, Rev. Ref. Bonds, Series 2007-A, AMT, National insured, 5.00% 2024 | 1,000 | 1,051 |
Port of Oakland, Rev. Ref. Bonds, Series 2011-O, AMT, 5.00% 2029 | 2,000 | 2,308 |
Port of Oakland, Rev. Ref. Bonds, Series 2012-P, AMT, 5.00% 2026 | 3,000 | 3,573 |
Port of Oakland, Rev. Ref. Bonds, Series 2012-P, AMT, 5.00% 2033 | 2,000 | 2,331 |
Ohlone Community College Dist. (Alameda County), G.O. Bonds, Election of 2010, Series 2016-C, 4.00% 2033 |
1,000 | 1,157 |
Ohlone Community College Dist. (Alameda County), G.O. Bonds, Election of 2010, Series 2016-C, 4.00% 2034 |
1,000 | 1,152 |
Ohlone Community College Dist. (Alameda County), G.O. Bonds, Election of 2010, Series 2016-C, 4.00% 2035 |
1,000 | 1,149 |
Ohlone Community College Dist. (Alameda County), G.O. Ref. Bonds, Series 2012, 5.00% 2024 | 2,000 | 2,458 |
Ohlone Community College Dist. (Alameda County), G.O. Ref. Bonds, Series 2012, 5.00% 2026 | 2,500 | 3,030 |
Ohlone Community College Dist. (Alameda County), G.O. Rev. Ref. Bonds, Series 2016, 4.00% 2041 | 2,000 | 2,270 |
City of Orange, Community Facs. Dist. No. 91-2, Special Tax Ref. Bonds (Serrano Heights Public Improvements), Series 2013, 5.00% 2024 | 820 | 985 |
City of Orange, Community Facs. Dist. No. 91-2, Special Tax Ref. Bonds (Serrano Heights Public Improvements), Series 2013, 5.00% 2025 | 1,725 | 2,060 |
Community Facs. Dist. No. 2004-1, Orange County (Ladera Ranch), Special Tax Ref. Bonds, Series 2014-A, 5.00% 2034 | 2,100 | 2,451 |
County of Orange, Newport Coast Phase IV Assessment Dist. No. 01-1, Limited Obligation Improvement Bonds (Group 1), 5.00% 2028 | 875 | 877 |
County of Orange, Newport Coast Phase IV Assessment Dist. No. 01-1, Limited Obligation Improvement Bonds (Group 1), 5.10% 2033 | 970 | 972 |
Orange County, Sanitation Dist., Certs. of Part., Series 2007-B, Assured Guaranty Municipal insured, 5.00% 2026 (preref. 2017) |
3,000 | 3,068 |
Orange County, Sanitation Dist., Certs. of Part., Series 2009-A, 5.00% 2027 | 3,500 | 3,886 |
Orange County, Sanitation Dist., Certs. of Part., Series 2009-A, 5.00% 2029 | 3,000 | 3,330 |
South Orange County, Public Fncg. Auth., Central Utility Fac. Lease Rev. Bonds, Series 2016, 5.00% 2031 | 1,250 | 1,570 |
South Orange County, Public Fncg. Auth., Central Utility Fac. Lease Rev. Bonds, Series 2016, 5.00% 2032 | 1,750 | 2,190 |
South Orange County, Public Fncg. Auth., Central Utility Fac. Lease Rev. Bonds, Series 2016, 5.00% 2035 | 2,000 | 2,474 |
City of Palm Desert, Section 29 Assessment Dist. (No. 2004-02), Limited Obligation Improvement Bonds, Series 2007, 5.05% 2027 | 2,740 | 2,800 |
City of Palm Desert, Section 29 Assessment Dist. (No. 2004-02), Limited Obligation Improvement Bonds, Series 2007, 5.10% 2037 | 1,820 | 1,859 |
Successor Agcy. to the Community Redev. Agcy. of the City of Palmdale, Tax Allocation Rev. Ref. Bonds, Series 2016-B, National insured, 5.00% 2031 |
1,000 | 1,252 |
Successor Agcy. to the Community Redev. Agcy. of the City of Palmdale, Tax Allocation Rev. Ref. Bonds, Series 2016-B, National insured, 5.00% 2032 |
1,000 | 1,247 |
Palomar Community College Dist., Rev. Ref. Bonds (San Diego County), Series 2015, 5.00% 2032 | 3,000 | 3,741 |
Palomar Pomerado Health, G.O. Bonds, Election of 2004, Series 2009-A, Assured Guaranty insured, 0% 2028 | 2,000 | 1,404 |
The Tax-Exempt Fund of California — Page 14 of 22
Bonds, notes & other debt instruments California (continued) City & county issuers (continued) |
Principal amount (000) |
Value (000) |
Palomar Pomerado Health, G.O. Bonds, Election of 2004, Series 2009-A, Assured Guaranty insured, 0% 2029 | $9,350 | $6,328 |
Palomar Pomerado Health, G.O. Bonds, Election of 2004, Series 2009-A, Assured Guaranty insured, 0% 2031 | 3,000 | 1,901 |
Pasadena Unified School Dist. (Los Angeles County), 2008 Election G.O. Bonds, Series 2016, 4.00% 2032 |
5,000 | 5,824 |
Pasadena Unified School Dist. (Los Angeles County), 2008 Election G.O. Bonds, Series 2016, 4.00% 2034 |
5,040 | 5,768 |
Pasadena Unified School Dist. (Los Angeles County), 2008 Election G.O. Bonds, Series 2016, 4.00% 2035 |
15,940 | 18,151 |
Pasadena Unified School Dist. (Los Angeles County), 2008 Election G.O. Bonds, Series 2016, 4.00% 2036 |
2,250 | 2,545 |
Peralta Community College Dist. (Alameda County), G.O. Bonds, 2006 Election, Series 2016-D, 4.00% 2039 | 3,000 | 3,374 |
Perris Union High School Dist., Fncg. Auth., Rev. Bonds, Series 2015, 5.00% 2031 | 1,000 | 1,172 |
Perris Union High School Dist., Fncg. Auth., Rev. Bonds, Series 2015, 5.00% 2033 | 2,885 | 3,350 |
Perris Union High School Dist., Fncg. Auth., Rev. Bonds, Series 2015, 5.00% 2034 | 1,490 | 1,724 |
Perris Union High School Dist., Fncg. Auth., Rev. Bonds, Series 2015, 5.00% 2041 | 1,000 | 1,143 |
Poway Unified School Dist., Community Facs. Dist. No. 6 (4S Ranch), Special Tax Bonds, Series 2012, 5.00% 2033 |
995 | 1,149 |
Poway Unified School Dist., Community Facs. Dist. No. 6 (4S Ranch), Special Tax Bonds, Series 2012, 5.00% 2036 |
590 | 674 |
Poway Unified School Dist., Public Fncg. Auth., Special Tax Rev. Bonds, Series 2013, 5.00% 2030 | 1,000 | 1,192 |
Poway Unified School Dist., Public Fncg. Auth., Special Tax Rev. Ref. Bonds, Series 2011, 5.125% 2028 | 2,310 | 2,416 |
Poway Unified School Dist., Public Fncg. Auth., Special Tax Rev. Ref. Bonds, Series 2011, 5.375% 2031 | 2,265 | 2,369 |
Poway Unified School Dist., Public Fncg. Auth., Special Tax Rev. Ref. Bonds, Series 2015-A, 5.00% 2032 | 1,600 | 1,908 |
Poway Unified School Dist., Public Fncg. Auth., Special Tax Rev. Ref. Bonds, Series 2015-A, 5.00% 2034 | 1,000 | 1,183 |
Poway Unified School Dist., Public Fncg. Auth., Special Tax Rev. Ref. Bonds, Series 2015-A, 5.00% 2035 | 1,000 | 1,179 |
Poway Unified School Dist., Public Fncg. Auth., Special Tax Rev. Ref. Bonds, Series 2015-B, BAM insured, 5.00% 2030 | 1,000 | 1,231 |
Poway Unified School Dist., Public Fncg. Auth., Special Tax Rev. Ref. Bonds, Series 2015-B, BAM insured, 5.00% 2033 | 1,245 | 1,512 |
Poway Unified School Dist., Public Fncg. Auth., Special Tax Rev. Ref. Bonds, Series 2016-A, 5.00% 2030 | 1,880 | 2,348 |
Successor Agcy. to The Poway Redev. Agcy., Tax Allocation Rev. Ref. Bonds (Paguay Redev. Project), Series 2015-A, 5.00% 2030 |
1,590 | 2,077 |
City of Rancho Cordova, Sunridge Anatolia Community Facs. Dist. No. 2003-1, Special Tax Bonds, Series 2007, 5.25% 2027 |
1,000 | 1,014 |
City of Rancho Cordova, Sunridge Anatolia Community Facs. Dist. No. 2003-1, Special Tax Bonds, Series 2007, 5.375% 2037 |
1,000 | 1,013 |
City of Rancho Cordova, Sunridge Anatolia Community Facs. Dist. No. 2003-1, Special Tax Bonds, Series 2016, 4.00% 2037 |
500 | 548 |
Successor Agcy. to the Rancho Cucamonga Redev. Agcy., Rancho Redev. Project Area, Tax Allocation Ref. Bonds, Series 2014, Assured Guaranty Municipal insured, 5.00% 2025 | 1,500 | 1,886 |
Successor Agcy. to the Rancho Cucamonga Redev. Agcy., Rancho Redev. Project Area, Tax Allocation Ref. Bonds, Series 2014, Assured Guaranty Municipal insured, 5.00% 2026 | 1,000 | 1,248 |
Successor Agcy. to the Rancho Cucamonga Redev. Agcy., Rancho Redev. Project Area, Tax Allocation Ref. Bonds, Series 2014, Assured Guaranty Municipal insured, 5.00% 2029 | 4,065 | 4,986 |
Rancho Santiago Community College Dist. (Orange County), G.O. Ref. Bonds, Series 2005, Assured Guaranty Municipal insured, 5.25% 2020 | 2,000 | 2,365 |
Redding Redev. Agcy., Tax Allocation Bonds (SHASTEC Redev. Project), Series 2006, 5.00% 2029 | 655 | 657 |
Redding Redev. Agcy., Tax Allocation Bonds (SHASTEC Redev. Project), Series 2006, 5.00% 2036 | 1,585 | 1,588 |
Rio Elementary School Dist., Community Facs. Dist. #1, Special Tax Bonds, Series 2013, 5.50% 2039 | 2,455 | 2,816 |
Rio Hondo Community College Dist. (County of Los Angeles), G.O. Bonds, 2004 Election, Series 2010-C, 0% 2028 |
1,000 | 720 |
Rio Hondo Community College Dist. (County of Los Angeles), G.O. Bonds, 2004 Election, Series 2010-C, 0% 2029 |
2,000 | 1,390 |
City of Riverside, Sewer Rev. Bonds, Series 2015-A, 5.00% 2031 | 2,500 | 3,064 |
The Tax-Exempt Fund of California — Page 15 of 22
Bonds, notes & other debt instruments California (continued) City & county issuers (continued) |
Principal amount (000) |
Value (000) |
Community Facs. of Riverside Unified School Dist., Special Tax Bonds, BAM insured, 5.00% 2032 | $1,100 | $1,325 |
Community Facs. of Riverside Unified School Dist., Special Tax Bonds, BAM insured, 5.00% 2033 | 2,315 | 2,774 |
Community Facs. of Riverside Unified School Dist., Special Tax Bonds, BAM insured, 5.00% 2034 | 1,500 | 1,791 |
Community Facs. of Riverside Unified School Dist., Special Tax Bonds, BAM insured, 5.00% 2035 | 890 | 1,060 |
Riverside County, Public Fncg. Auth., Tax Allocation Rev. Bonds (Jurupa Valley, Desert Communities and Interstate 215 Corridor Redev. Projects), Series 2006, National insured, 5.00% 2020 | 25 | 25 |
Riverside County, Public Fncg. Auth., Tax Allocation Rev. Bonds (Jurupa Valley, Desert Communities and Interstate 215 Corridor Redev. Projects), Series 2006, National insured, 5.00% 2020 (preref. 2016) | 2,230 | 2,248 |
Riverside County, Public Fncg. Auth., Tax Allocation Rev. Bonds (Jurupa Valley, Desert Communities and Interstate 215 Corridor Redev. Projects), Series 2006, National insured, 5.00% 2021 | 35 | 35 |
Riverside County, Public Fncg. Auth., Tax Allocation Rev. Bonds (Jurupa Valley, Desert Communities and Interstate 215 Corridor Redev. Projects), Series 2006, National insured, 5.00% 2021 (preref. 2016) | 2,850 | 2,873 |
Riverside County, Public Fncg. Auth., Tax Allocation Rev. Bonds (Project Area No. 1, Desert Communities and Interstate 215 Corridor Projects), Series 2016-A, BAM insured, 5.00% 2026 | 2,500 | 3,174 |
Riverside County, Transportation Commission, Toll Rev. Bonds, Series 2013-A, 5.75% 2044 | 2,500 | 2,983 |
Riverside County, Transportation Commission, Toll Rev. Bonds, Series 2013-A, 5.75% 2048 | 3,000 | 3,576 |
Successor Agcy. To the Redev. Agcy. for the County of Riverside Jurupa Valley Redev. Project Area, Tax Allocation Rev. Ref. Bonds, Series 2015-B, Assured Guaranty Municipal insured, 5.00% 2028 | 2,000 | 2,503 |
City of Riverside, Successor Agcy. to the Redev. Agcy., Tax Allocation Rev. Ref. Bonds, Series 2014-A, 5.00% 2022 |
2,295 | 2,804 |
City of Roseville, Westpark Community Facs. Dist. No. 1, Special Tax Rev. Ref. Bonds, 5.00% 2028 | 1,000 | 1,199 |
City of Roseville, Westpark Community Facs. Dist. No. 1, Special Tax Rev. Ref. Bonds, 5.00% 2030 | 500 | 593 |
City of Roseville, Westpark Community Facs. Dist. No. 1, Special Tax Rev. Ref. Bonds, 5.00% 2032 | 1,000 | 1,175 |
Roseville Natural Gas Fncg. Auth., Gas Rev. Bonds, Series 2007, 5.00% 2017 | 1,000 | 1,019 |
Roseville Natural Gas Fncg. Auth., Gas Rev. Bonds, Series 2007, 5.00% 2022 | 4,920 | 5,680 |
Roseville Natural Gas Fncg. Auth., Gas Rev. Bonds, Series 2007, 5.00% 2024 | 3,300 | 3,924 |
City of Sacramento, North Natomas Community Facs. Dist. No. 4, Special Tax Bonds, Series 2013-E, 5.00% 2030 |
1,250 | 1,489 |
City of Sacramento, North Natomas Community Facs. Dist. No. 4, Special Tax Bonds, Series 2013-E, 5.25% 2025 |
2,565 | 3,138 |
County of Sacramento, Airport System Rev. Bonds, Series 2008-B, AMT, Assured Guaranty Municipal insured, 5.75% 2024 | 1,940 | 2,127 |
County of Sacramento, Single Family Mortgage Rev. Bonds (GNMA Mortgage-backed Securities Program), Issue 1987-A, AMT, 9.00% 2019 (escrowed to maturity) | 1,500 | 1,876 |
Sacramento Cogeneration Auth., Cogeneration Project Rev. Ref. Bonds (Procter & Gamble Project), Series 2009, 5.25% 2020 |
995 | 1,165 |
Sacramento Cogeneration Auth., Cogeneration Project Rev. Ref. Bonds (Procter & Gamble Project), Series 2009, 5.25% 2021 |
900 | 1,084 |
Sacramento County Sanitation Districts Fncg. Auth., Rev. Ref. Bonds (Sacramento Regional County Sanitation Dist.), Series 2007-B, FGIC-National insured, 0.981% 20351 | 13,500 | 12,582 |
Sacramento County, Water Fncg. Auth., Rev. Ref. Bonds (Sacramento County, Water Agcy. Zones 40 and 41 2007 Water System Project), Series 2007-B, FGIC-National insured, 1.001% 20341 | 5,000 | 4,662 |
Sacramento Municipal Utility Dist., Electric Rev. Bonds, Series 1997-K, AMBAC insured, 5.25% 2024 | 2,000 | 2,473 |
Sacramento Municipal Utility Dist., Electric Rev. Bonds, Series 1997-K, AMBAC insured, 5.70% 2017 | 2,500 | 2,621 |
Sacramento Municipal Utility Dist., Electric Rev. Bonds, Series 1997-K, AMBAC insured, 5.80% 2019 | 3,000 | 3,454 |
Sacramento Municipal Utility Dist., Electric Rev. Bonds, Series 2013-A, 5.00% 2041 | 4,500 | 5,439 |
Sacramento Regional Transit Dist., Farebox Rev. Bonds, Series 2012, 5.00% 2036 | 1,000 | 1,139 |
Sacramento Regional Transit Dist., Farebox Rev. Bonds, Series 2012, 5.00% 2042 | 3,000 | 3,404 |
City of San Bernardino, Unified School Dist. G.O. Ref. Bonds, Series 2013-A, Assured Guaranty Municipal insured, 5.00% 2021 | 1,150 | 1,374 |
City of San Bernardino, Unified School Dist. G.O. Ref. Bonds, Series 2013-A, Assured Guaranty Municipal insured, 5.00% 2022 | 1,500 | 1,832 |
City of San Bernardino, Unified School Dist. G.O. Ref. Bonds, Series 2013-A, Assured Guaranty Municipal insured, 5.00% 2024 | 1,250 | 1,554 |
The Tax-Exempt Fund of California — Page 16 of 22
Bonds, notes & other debt instruments California (continued) City & county issuers (continued) |
Principal amount (000) |
Value (000) |
City of San Bernardino, Unified School Dist. G.O. Ref. Bonds, Series 2013-A, Assured Guaranty Municipal insured, 5.00% 2025 | $1,000 | $1,234 |
City of San Bernardino, Unified School Dist. G.O. Ref. Bonds, Series 2013-A, Assured Guaranty Municipal insured, 5.00% 2028 | 1,245 | 1,509 |
County of San Bernardino, Certs. of Part. (Arrowhead Ref. Project), Series 2009-A, 5.00% 2017 | 3,870 | 4,041 |
San Bernardino County, Alta Loma School Dist., 1999 Election G.O. Bonds, Series A, FGIC-National insured, 0% 2021 | 2,500 | 2,320 |
City of San Buenaventura, Rev. Bonds (Community Memorial Health System), Series 2011, 7.50% 2041 |
10,825 | 13,523 |
San Clemente Community Facs. Dist. No. 06-1, Special Tax Bonds, 5.00% 2030 | 250 | 303 |
San Clemente Community Facs. Dist. No. 06-1, Special Tax Bonds, 5.00% 2031 | 500 | 604 |
San Clemente Community Facs. Dist. No. 06-1, Special Tax Bonds, 5.00% 2032 | 500 | 596 |
County of San Diego, Certs. of Part. (Salk Institute for Biological Studies), 5.125% 2040 | 3,000 | 3,416 |
County of San Diego, Certs. of Part. (Salk Institute for Biological Studies), 5.25% 2030 | 2,000 | 2,288 |
County of San Diego, Limited Rev. Ref. Bonds (Sanford Burnham Presbyterian Medical Discovery Institute), Series 2015-A, 5.00% 2025 | 350 | 450 |
County of San Diego, Limited Rev. Ref. Bonds (Sanford Burnham Presbyterian Medical Discovery Institute), Series 2015-A, 5.00% 2026 | 600 | 766 |
County of San Diego, Limited Rev. Ref. Bonds (Sanford Burnham Presbyterian Medical Discovery Institute), Series 2015-A, 5.00% 2028 | 500 | 632 |
County of San Diego, Limited Rev. Ref. Bonds (Sanford Burnham Presbyterian Medical Discovery Institute), Series 2015-A, 5.00% 2030 | 500 | 624 |
Public Facs. Fncg. Auth. of the City of San Diego, Sewer Rev. Bonds, Series 2009-A, 5.25% 2034 (preref. 2019) |
1,500 | 1,693 |
Public Facs. Fncg. Auth. of the City of San Diego, Sewer Rev. Bonds, Series 2009-A, 5.375% 2034 (preref. 2019) |
2,000 | 2,265 |
Public Facs. Fncg. Auth. of the City of San Diego, Sewer Rev. Ref. Bonds, Series 2009-B, 5.00% 2022 (preref. 2019) |
2,000 | 2,244 |
Public Facs. Fncg. Auth. of the City of San Diego, Water Rev. Ref. Bonds, Series 2012-A, 5.00% 2028 | 5,000 | 6,077 |
San Diego City, Community Facs. Dist. No. 4, Special Tax Bonds (Black Mountain Ranch Villages), 5.00% 2037 | 1,000 | 1,198 |
San Diego County, Regional Airport Auth., Airport Rev. Bonds, Series 2010-A, 5.00% 2028 | 1,000 | 1,147 |
San Diego County, Regional Airport Auth., Airport Rev. Bonds, Series 2010-A, 5.00% 2030 | 1,550 | 1,782 |
San Diego County, Regional Airport Auth., Airport Rev. Bonds, Series 2010-A, 5.00% 2034 | 2,000 | 2,276 |
San Diego County, Regional Airport Auth., Airport Rev. Bonds, Series 2013-B, AMT, 5.00% 2043 | 2,000 | 2,306 |
San Diego Unified School Dist., G.O. Bonds (Election of 2012), Series 2013-C, 5.00% 2035 | 2,000 | 2,410 |
San Diego Unified School Dist., G.O. Rev. Ref. Bonds, Series 2015-R-4, 5.00% 2027 | 5,000 | 6,432 |
San Diego Unified School Dist., G.O. Rev. Ref. Bonds, Series 2016-R-5, 4.00% 2029 | 6,500 | 7,735 |
San Diego Unified School Dist., G.O. Rev. Ref. Bonds, Series 2016-SR-1, 4.00% 2032 | 1,000 | 1,167 |
Airport Commission, City and County of San Francisco, San Francisco International Airport, Second Series Rev. Bonds, Series 2009-E, 6.00% 2039 | 3,000 | 3,432 |
Airport Commission, City and County of San Francisco, San Francisco International Airport, Second Series Rev. Ref. Bonds, Series 2016-A, 5.00% 2029 | 1,375 | 1,768 |
Airport Commission, City and County of San Francisco, San Francisco International Airport, Second Series Rev. Ref. Bonds, Issue 34-E, AMT, 5.75% 2019 | 3,500 | 3,816 |
Airport Commission, City and County of San Francisco, San Francisco International Airport, Second Series Rev. Ref. Bonds, Series 2009-A, 4.90% 2029 | 5,000 | 5,637 |
Airport Commission, City and County of San Francisco, San Francisco International Airport, Second Series Rev. Ref. Bonds, Series 2010-F, 5.00% 2040 | 3,000 | 3,402 |
Airport Commission, City and County of San Francisco, San Francisco International Airport, Second Series Rev. Ref. Bonds, Series 2011-F, AMT, 5.00% 2028 | 2,630 | 3,070 |
Airport Commission, City and County of San Francisco, San Francisco International Airport, Second Series Rev. Ref. Bonds, Series 2012-A, AMT, 5.00% 2028 | 1,000 | 1,188 |
Airport Commission, City and County of San Francisco, San Francisco International Airport, Second Series Rev. Ref. Bonds, Series 2012-A, AMT, 5.00% 2030 | 1,000 | 1,168 |
The Tax-Exempt Fund of California — Page 17 of 22
Bonds, notes & other debt instruments California (continued) City & county issuers (continued) |
Principal amount (000) |
Value (000) |
City and County of San Francisco, Redev. Fin. Auth., Tax Allocation Rev. Bonds (Mission Bay North Redev. Project), Series 2011-C, 6.75% 2033 | $500 | $632 |
City and County of San Francisco, Redev. Fin. Auth., Tax Allocation Rev. Bonds (Mission Bay North Redev. Project), Series 2011-C, 6.75% 2041 | 1,875 | 2,369 |
City and County of San Francisco, Redev. Fin. Auth., Tax Allocation Rev. Bonds (Mission Bay North Redev. Project-Infrastructure), Series 2006-B, RADIAN insured, 5.00% 2036 | 5,000 | 5,001 |
City and County of San Francisco, Redev. Fin. Auth., Tax Allocation Rev. Bonds (Mission Bay South Redev. Project), Series 2009-D, 6.50% 2030 | 975 | 1,145 |
City and County of San Francisco, Redev. Fin. Auth., Tax Allocation Rev. Bonds (Mission Bay South Redev. Project), Series 2011-D, 7.00% 2033 | 810 | 1,032 |
City and County of San Francisco, Redev. Fin. Auth., Tax Allocation Rev. Bonds (Mission Bay South Redev. Project), Series 2011-D, 7.00% 2041 | 2,500 | 3,186 |
City and County of San Francisco, Redev. Fin. Auth., Tax Allocation Rev. Bonds (Mission Bay South Redev. Project), Series 2014-A, 5.00% 2043 | 2,100 | 2,472 |
City and County of San Francisco, Redev. Fin. Auth., Tax Allocation Rev. Bonds (Mission Bay South Redev. Project), Series 2016-B, 5.00% 2031 | 425 | 530 |
City and County of San Francisco, Redev. Fin. Auth., Tax Allocation Rev. Bonds (Mission Bay South Redev. Project), Series 2016-C, 5.00% 2033 | 1,000 | 1,239 |
City and County of San Francisco, Redev. Fin. Auth., Tax Allocation Rev. Bonds (Mission Bay South Redev. Project), Series 2016-C, 5.00% 2034 | 650 | 805 |
City and County of San Francisco, Redev. Fin. Auth., Tax Allocation Rev. Bonds (Mission Bay South Redev. Project), Series 2016-C, National insured, 5.00% 2041 | 2,100 | 2,606 |
Public Utilities Commission of the City and County of San Francisco, San Francisco Water Rev. Bonds, Series 2009-A, 5.00% 2023 (preref. 2019) |
3,000 | 3,423 |
Public Utilities Commission of the City and County of San Francisco, San Francisco Water Rev. Bonds, Series 2009-A, 5.00% 2024 (preref. 2019) |
2,000 | 2,282 |
Public Utilities Commission of the City and County of San Francisco, Wastewater Rev. Green Bonds, Series 2016-A, 4.00% 2037 |
6,575 | 7,425 |
Redev. Agcy. of the City and County of San Francisco, Community Facs. Dist. No. 6, Special Tax Ref. Bonds (Mission Bay South Public Improvements), Series 2013-A, 5.00% 2024 | 1,510 | 1,797 |
Redev. Agcy. of the City and County of San Francisco, Community Facs. Dist. No. 6, Special Tax Ref. Bonds (Mission Bay South Public Improvements), Series 2013-A, 5.00% 2028 | 1,400 | 1,616 |
San Francisco Municipal Transportation Agcy., Rev. Bonds, Series 2012-B, 5.00% 2042 | 5,000 | 5,913 |
San Joaquin County, Stockton Unified School Dist., G.O. Rev. Ref. Bonds, 5.00% 2029 | 4,000 | 4,994 |
San Joaquin Hills Transportation Corridor Agcy. (Orange County), Toll Road Rev. Bonds, 0% 2019 (escrowed to maturity) |
4,150 | 4,073 |
San Joaquin Hills Transportation Corridor Agcy. (Orange County), Toll Road Rev. Bonds, 0% 2023 (escrowed to maturity) |
5,900 | 5,400 |
San Joaquin Hills Transportation Corridor Agcy., Toll Road Rev. Ref. Bonds, Series 2014-A, 5.00% 2034 | 2,300 | 2,705 |
City of San Jose, Airport Rev. Ref. Bonds, Series 2011-A-1, AMT, 5.50% 2030 | 8,000 | 9,392 |
City of San Jose, Airport Rev. Ref. Bonds, Series 2011-A-2, 5.25% 2034 | 4,900 | 5,687 |
Redev. Agcy. of the City of San Jose, Housing Set-Aside Tax Allocation Bonds (Merged Area Redev. Project), Series 2010-A-1, 4.00% 2016 | 1,250 | 1,250 |
Redev. Agcy. of the City of San Jose, Tax Allocation Ref. Bonds (Merged Area Redev. Project), Series 2004-A, National insured, 4.54% 2018 | 3,000 | 3,010 |
Redev. Agcy. of the City of San Jose, Tax Allocation Ref. Bonds (Merged Area Redev. Project), Series 2006-C, National insured, 3.75% 2028 | 1,220 | 1,252 |
Redev. Agcy. of the City of San Jose, Tax Allocation Ref. Bonds (Merged Area Redev. Project), Series 2006-D, AMBAC insured, 5.00% 2018 | 1,000 | 1,043 |
Redev. Agcy. of the City of San Jose, Tax Allocation Ref. Bonds (Merged Area Redev. Project), Series 2006-D, AMBAC insured, 5.00% 2021 | 2,000 | 2,084 |
Successor Agcy. To the San Marcos Redev. Agcy., Tax Allocation Rev. Ref. Bonds, Series 2015-A, 5.00% 2023 | 900 | 1,125 |
Successor Agcy. To the San Marcos Redev. Agcy., Tax Allocation Rev. Ref. Bonds, Series 2015-A, 5.00% 2024 | 150 | 191 |
Successor Agcy. to the San Marcos Redev. Agcy., Tax Allocation Rev. Ref. Bonds, Series 2015-A, 5.00% 2029 | 2,000 | 2,508 |
The Tax-Exempt Fund of California — Page 18 of 22
Bonds, notes & other debt instruments California (continued) City & county issuers (continued) |
Principal amount (000) |
Value (000) |
San Mateo County, Community College Dist. (County, of San Mateo), Election of 2005 G.O. Bonds (Capital Appreciation Bonds), Series 2006-B, National insured, 0% 2035 | $5,000 | $2,992 |
San Mateo County, Joint Powers Fncg. Auth., Lease Rev. Ref. Bonds (Capital Projects Program), Series 1993-A, National insured, 5.125% 2018 | 2,700 | 2,875 |
City of San Ramon, Successor Agcy. to the Redev. Agcy., San Ramon Community Redev. Project, Tax Allocation Rev. Ref. Bonds, Series 2015-A, BAM insured, 5.00% 2038 | 2,000 | 2,391 |
Community Redev. Agcy. of the City of Santa Ana, Tax Allocation Bonds, Series 2011-A, 6.25% 2024 | 3,500 | 4,243 |
City of Santa Clara, Electric Rev. Ref. Bonds, Series 2011-A, 5.25% 2032 | 2,000 | 2,371 |
City of Santa Clara, Electric Rev. Ref. Bonds, Series 2011-A, 6.00% 2031 | 1,250 | 1,531 |
Redev. Agcy. of the City of Santa Clara, 2011 Tax Allocation Bonds (Bayshore North Project), 0% 2024 | 4,310 | 3,033 |
Redev. Agcy. of the City of Santa Clara, 2011 Tax Allocation Bonds (Bayshore North Project), 0% 2025 | 4,000 | 2,589 |
Santa Clara County, Fncg. Auth., Lease Rev. Ref. Bonds (Valley Medical Center), Series 2008-A, 5.00% 2022 | 4,500 | 4,932 |
Santa Clara County, Mountain View Shoreline Regional Park Community, Rev. Bonds, Series 2011-A, 5.625% 2035 |
1,300 | 1,555 |
Upper Santa Clara Valley Joint Powers Auth., Rev. Bonds, Series 2016-A, 5.00% 2046 | 3,000 | 3,745 |
Redev. Agcy. of the City of Santa Monica, 2011 Tax Allocation Bonds (Earthquake Recovery Redev. Project), 5.00% 2032 | 2,000 | 2,323 |
Redev. Agcy. of the City of Santa Monica, 2011 Tax Allocation Bonds (Earthquake Recovery Redev. Project), 5.875% 2036 | 1,250 | 1,506 |
Redev. Agcy. of the City of Santa Monica, 2011 Tax Allocation Bonds (Earthquake Recovery Redev. Project), 5.875% 2042 | 2,500 | 3,012 |
Community Facs. Dist. No. 2 (Santaluz), Improvement Area No. 1, Special Tax Ref. Bonds, Series 2011-A, 5.00% 2028 | 890 | 1,016 |
Community Facs. Dist. No. 2 (Santaluz), Improvement Area No. 1, Special Tax Ref. Bonds, Series 2011-A, 5.00% 2029 | 1,420 | 1,619 |
Saugus Union School Dist., 2006 G.O. Ref. Bonds, Current Interest Bonds (Los Angeles County), FGIC-National insured, 5.25% 2021 |
2,000 | 2,421 |
Saugus/Hart School Facs. Fin. Auth., Special Tax Rev. Bonds (Community Facs. Dist. No. 2006-1 of the Saugus Union School Dist.), 5.00% 2033 | 1,240 | 1,495 |
Saugus/Hart School Facs. Fin. Auth., Special Tax Rev. Bonds (Community Facs. Dist. No. 2006-1 of the Saugus Union School Dist.), 5.00% 2041 | 1,250 | 1,480 |
Saugus/Hart School Facs. Fin. Auth., Special Tax Rev. Bonds (Community Facs. Dist. No. 2006-1 of the Saugus Union School Dist.), 5.00% 2046 | 1,250 | 1,476 |
School Facs. Improvement Dist. No. 2007-1 of the Poway Unified School Dist., G.O. Bonds (San Diego County), Election 2008, 0% 2035 | 12,850 | 7,400 |
Successor Agcy. to the Signal Hill Redev. Agcy., Tax Allocation Rev. Ref. Bonds, Series 2015-A, BAM insured, 5.00% 2022 | 1,000 | 1,220 |
Sonoma-Marin Area Rail Transit Dist., Measure Q Sales Tax Rev. Bonds, Series 2011-A, 5.00% 2028 | 3,500 | 4,221 |
South Orange County, Public Fncg. Auth., Special Tax Rev. Bonds (Ladera Ranch), Series 2005-A, AMBAC insured, 5.00% 2020 | 1,000 | 1,003 |
South Placer Wastewater Auth., Wastewater Rev. Ref. Bonds, Series 2011-C, 5.25% 2023 | 2,000 | 2,329 |
Redev. Agcy. of the City of South San Francisco, Tax Allocation Rev. Bonds (Merged Redev. Project), Series 2006-A, FGIC-National insured, 5.00% 2019 |
1,015 | 1,019 |
Redev. Agcy. of the City of South San Francisco, Tax Allocation Rev. Bonds (Merged Redev. Project), Series 2006-A, FGIC-National insured, 5.00% 2020 |
2,025 | 2,032 |
Redev. Agcy. of the City of South San Francisco, Tax Allocation Rev. Bonds (Merged Redev. Project), Series 2006-A, FGIC-National insured, 5.00% 2022 |
2,300 | 2,308 |
Southeast Resource Recovery Fac. Auth., Lease Rev. Ref. Bonds, Series 2003-B, AMT, AMBAC insured, 5.375% 2016 |
1,500 | 1,506 |
Southeast Resource Recovery Fac. Auth., Lease Rev. Ref. Bonds, Series 2003-B, AMT, AMBAC insured, 5.375% 2017 |
2,655 | 2,666 |
Stockton Public Fncg. Auth., Rev. Bonds (Redev. Projects), Series 2006-A, RADIAN insured, 5.00% 2018 | 1,200 | 1,204 |
Stockton Public Fncg. Auth., Wastewater Rev. Ref. Bonds (1998 Wastewater Project and 2003 Wastewater Project), Series 2014, Build America Mutual insured, 5.00% 2028 | 1,000 | 1,233 |
The Tax-Exempt Fund of California — Page 19 of 22
Bonds, notes & other debt instruments California (continued) City & county issuers (continued) |
Principal amount (000) |
Value (000) |
Sweetwater Union High School Dist., G.O. Rev. Ref. Bonds, Series 2016, 4.00% 2047 | $4,750 | $5,310 |
Sweetwater Union High School Dist., G.O. Rev. Ref. Bonds, Series 2016, 5.00% 2032 | 5,000 | 6,278 |
Community Facs. Dist. No. 99-1 (Talega), Santa Margarita Water Dist., Special Tax Ref. Bonds, Series 2014-B, 5.00% 2026 | 835 | 1,017 |
Community Facs. Dist. No. 99-1 (Talega), Santa Margarita Water Dist., Special Tax Ref. Bonds, Series 2014-B, 5.00% 2029 | 2,150 | 2,571 |
Community Facs. Dist. No. 99-1 (Talega), Santa Margarita Water Dist., Special Tax Ref. Bonds, Series 2014-B, 5.00% 2038 | 460 | 530 |
Temecula Valley Unified School Dist., G.O. Bonds (Riverside County), 2012 Election, Series 2016-B, Assured Guaranty Municipal insured, 4.00% 2045 | 2,000 | 2,240 |
Temecula Valley Unified School Dist., Fncg. Auth. Rev. Bonds, BAM insured, 5.00% 2030 | 1,000 | 1,212 |
Temecula Valley Unified School Dist., Fncg. Auth. Rev. Bonds, BAM insured, 5.00% 2031 | 1,500 | 1,810 |
Temecula Valley Unified School Dist., Fncg. Auth. Rev. Bonds, BAM insured, 5.00% 2033 | 1,000 | 1,198 |
Temecula Valley Unified School Dist., Fncg. Auth. Rev. Bonds, BAM insured, 5.00% 2034 | 2,065 | 2,465 |
Temecula Valley Unified School Dist., Fncg. Auth. Rev. Bonds, BAM insured, 5.00% 2040 | 1,600 | 1,888 |
City of Thousand Oaks Community Facs. Dist. No. 1994-1, Special Tax Ref. Bonds (Marketplace Public Pedestrian, Traffic Circulation and Parking Facs.), Series 2012, 5.00% 2022 | 1,000 | 1,095 |
City of Thousand Oaks Community Facs. Dist. No. 1994-1, Special Tax Ref. Bonds (Marketplace Public Pedestrian, Traffic Circulation and Parking Facs.), Series 2012, 5.375% 2031 | 3,265 | 3,541 |
Tobacco Securitization Auth. of Southern California, Tobacco Settlement Asset-backed Rev. Ref. Bonds (San Diego County Tobacco Asset Securitization Corp.), Series 2006-A, 5.00% 2037 |
5,930 | 5,930 |
Tobacco Securitization Auth. of Southern California, Tobacco Settlement Asset-backed Rev. Ref. Bonds (San Diego County Tobacco Asset Securitization Corp.), Series 2006-A, 5.125% 2046 |
7,800 | 7,801 |
City of Torrance, Hospital Rev. Ref. Bonds (Torrance Memorial Medical Center), Series 2001-A, 5.50% 2031 | 1,000 | 1,017 |
City of Torrance, Rev. Bonds (Torrance Memorial Medical Center), Series 2010-A, 5.00% 2040 | 5,185 | 5,770 |
City of Turlock, Health Fac. Rev. Certs. of Part. (Emanuel Medical Center, Inc.), Series 2007-A, 5.00% 2022 | 1,500 | 1,579 |
City of Turlock, Health Fac. Rev. Certs. of Part. (Emanuel Medical Center, Inc.), Series 2007-A, 5.125% 2027 | 4,455 | 4,696 |
Turlock Irrigation Dist., Rev. Ref. Bonds, Series 2010-A, 5.00% 2035 | 2,000 | 2,248 |
Turlock Irrigation Dist., Rev. Ref. Bonds, Series 2011, 5.50% 2041 | 3,000 | 3,489 |
City of Tustin, Community Facs. Dist. No. 06-1, Special Tax Bonds (Tustin Legacy/Retail Center), Series 2015-A, 5.00% 2031 | 1,000 | 1,210 |
City of Tustin, Community Facs. Dist. No. 06-1, Special Tax Bonds (Tustin Legacy/Retail Center), Series 2015-A, 5.00% 2033 | 1,135 | 1,360 |
City of Tustin, Community Facs. Dist. No. 07-1, Special Tax Bonds (Tustin Legacy/Retail Center), Series 2007, 6.00% 2037 (preref. 2017) | 1,485 | 1,573 |
City of Tustin, Community Facs. Dist. No. 07-1, Special Tax Bonds (Tustin Legacy/Retail Center), Series 2015-A, 5.00% 2030 | 2,750 | 3,338 |
City of Tustin, Community Facs. Dist. No. 14-1, Special Tax Bonds (Tustin Legacy/Retail Center), Series 2015-A, 4.00% 2035 | 250 | 274 |
City of Tustin, Community Facs. Dist. No. 14-1, Special Tax Bonds (Tustin Legacy/Retail Center), Series 2015-A, 5.00% 2040 | 750 | 866 |
Community Facs. Dist. No. 97-1, Tustin Unified School Dist., Special Tax Bonds, Series 1997-1A, 5.00% 2028 | 3,000 | 3,665 |
Community Facs. Dist. No. 97-1, Tustin Unified School Dist., Special Tax Bonds, Series 1997-1A, 5.00% 2029 | 1,000 | 1,217 |
Community Facs. Dist. No. 97-1, Tustin Unified School Dist., Special Tax Bonds, Series 1997-1A, 5.00% 2030 | 1,535 | 1,862 |
Community Facs. Dist. No. 97-1, Tustin Unified School Dist., Special Tax Bonds, Series 1997-1A, BAM insured, 5.00% 2038 | 2,500 | 2,954 |
Ventura County, Public Fncg. Auth., Lease Rev. Bonds, Series 2013-A, 5.00% 2043 | 3,000 | 3,594 |
Victor Valley Union High School Dist., G.O. Rev. Ref. Bonds, Series 2016-A, BAM insured, 4.00% 2031 | 1,000 | 1,150 |
Victor Valley Union High School Dist., G.O. Rev. Ref. Bonds, Series 2016-A, BAM insured, 4.00% 2032 | 7,500 | 8,583 |
Walnut Energy Center Auth., Rev. Ref. Bonds, Series 2010-A, 5.00% 2035 | 2,000 | 2,244 |
Washington Township Health Care Dist., Rev. Bonds, Series 2010-A, 5.00% 2025 | 1,500 | 1,665 |
Washington Township Health Care Dist., Rev. Bonds, Series 2010-A, 5.25% 2030 | 2,000 | 2,157 |
Washington Township Health Care Dist., Rev. Ref. Bonds, Series 2007-A, 5.00% 2024 | 1,590 | 1,646 |
Washington Township Health Care Dist., Rev. Ref. Bonds, Series 2007-A, 5.00% 2026 | 1,750 | 1,809 |
The Tax-Exempt Fund of California — Page 20 of 22
Bonds, notes & other debt instruments California (continued) City & county issuers (continued) |
Principal amount (000) |
Value (000) |
Washington Township Health Care Dist., Rev. Ref. Bonds, Series 2007-A, 5.00% 2028 | $1,930 | $1,992 |
Washington Township Health Care Dist., Rev. Ref. Bonds, Series 2007-A, 5.00% 2032 | 1,565 | 1,594 |
Washington Township Health Care Dist., Rev. Ref. Bonds, Series 2007-A, 5.00% 2037 | 1,135 | 1,153 |
Dept. of Water Resources, Water Rev. (Central Valley Project), Series 2008-AE, 5.00% 2028 | 75 | 81 |
State Dept. Water Resources, Water Rev., Series 2008-AE, 5.00% 2028 (preref. 2018) | 1,925 | 2,083 |
West Contra Costa Unified School Dist. (Contra Costa County), G.O. Ref. Bonds, Series 2012, 5.00% 2027 | 3,000 | 3,557 |
West Contra Costa Unified School Dist. (Contra Costa County), G.O. Ref. Bonds, Series 2012, 5.00% 2032 | 3,500 | 4,174 |
West Hollywood Community Dev. Commission, Tax Allocation Bonds (East Side Redev. Project), Series 2011-A, 7.50% 2042 |
1,250 | 1,611 |
Western Riverside Water and Wastewater Fncg. Auth., Local Agcy. Rev. Ref. Bonds, Series 2016-A, 5.00% 2030 |
600 | 745 |
Western Riverside Water and Wastewater Fncg. Auth., Local Agcy. Rev. Ref. Bonds, Series 2016-A, 5.00% 2032 |
1,240 | 1,527 |
Successor Agcy. to the Westminster Redev. Agcy., Westminster Commericial Redev. Project No. 1, Tax Allocation Rev. Ref. Bonds, Series 2016-B, BAM insured, 4.00% 2031 | 3,105 | 3,545 |
City of Whittier, Health Fac. Rev. Bonds (PIH Health), Series 2014, 5.00% 2044 | 9,000 | 10,561 |
1,171,413 | ||
Guam 0.43% | ||
Government of Guam, Business Privilege Tax Bonds, Series 2011-A, 5.00% 2023 | 2,000 | 2,275 |
Government of Guam, Business Privilege Tax Bonds, Series 2011-A, 5.125% 2042 | 1,500 | 1,630 |
Government of Guam, Hotel Occupancy Tax Rev. Ref. Bonds, Series 2011-A, 6.50% 2040 | 4,000 | 4,936 |
8,841 | ||
Puerto Rico 1.40% | ||
Aqueduct and Sewer Auth., Rev. Bonds, Series A, Assured Guaranty insured, 5.00% 2028 | 3,105 | 3,219 |
Aqueduct and Sewer Auth., Rev. Ref. Bonds, Series 2012-A, 5.25% 2042 | 3,000 | 2,114 |
Highways and Transportation Auth., Transportation Rev. Ref. Bonds, Series 2007-N, Assured Guaranty insured, 5.25% 2036 |
6,590 | 6,998 |
Industrial, Tourist, Educational, Medical and Environmental Control Facs. Fncg. Auth., Higher Education Rev. and Rev. Ref. Bonds (University of the Sacred Heart Project), Series 2012, 5.00% 2021 | 500 | 407 |
Industrial, Tourist, Educational, Medical and Environmental Control Facs. Fncg. Auth., Hospital Rev. and Rev. Ref. Bonds (Hospital Auxilio Mutuo Obligated Group Project), Series 2011-A, 6.00% 2033 | 7,150 | 7,369 |
Public Fin. Corp., Commonwealth Appropriation Bonds, Series 2001-E, 6.00% 2026 (escrowed to maturity) | 1,830 | 2,510 |
Public Fin. Corp., Commonwealth Appropriation Bonds, Series 2001-E, 6.00% 2026 (escrowed to maturity) | 170 | 233 |
Sales Tax Fncg. Corp., Sales Tax Rev. Bonds, Series 2007-A, National insured, 0% 2042 | 5,000 | 1,101 |
Sales Tax Fncg. Corp., Sales Tax Rev. Bonds, Series 2010-A, 5.375% 2039 | 2,500 | 1,224 |
Sales Tax Fncg. Corp., Sales Tax Rev. Ref. Bonds, Series 2007-A, National insured, 0% 2043 | 10,000 | 2,066 |
University of Puerto Rico, University System Rev. Ref. Bonds, Series 2006-P, 5.00% 2019 | 1,000 | 427 |
University of Puerto Rico, University System Rev. Ref. Bonds, Series 2006-P, 5.00% 2026 | 1,500 | 594 |
University of Puerto Rico, University System Rev. Ref. Bonds, Series 2006-Q, 5.00% 2017 | 1,550 | 858 |
29,120 | ||
Virgin Islands 0.43% | ||
Public Fin. Auth., Rev. Bonds (Matching Fund Loan Note - Diageo Project), Series 2009-A, 6.75% 2019 | 1,445 | 1,504 |
Public Fin. Auth., Rev. Bonds (Matching Fund Loan Note - Diageo Project), Series 2009-A, 6.75% 2037 | 1,000 | 1,058 |
Public Fin. Auth., Rev. Bonds (Matching Fund Loan Note), Series 2010-A, 5.00% 2029 | 2,000 | 2,016 |
Public Fin. Auth., Rev. Ref. Bonds (Matching Fund Loan Notes), Series 2009-B, 5.00% 2018 | 2,000 | 2,041 |
Public Fin. Auth., Rev. Ref. Bonds (Matching Fund Loan Notes), Series 2012-A, 5.00% 2032 | 2,250 | 2,259 |
8,878 | ||
Total bonds, notes & other debt instruments (cost: $1,846,948,000) | 1,996,596 |
The Tax-Exempt Fund of California — Page 21 of 22
Short-term securities 3.00% | Principal amount (000) |
Value (000) |
G.O. Bonds, Series 2009-A-10, 0.42% 20341 | $2,000 | $2,000 |
Various Purpose G.O. Commercial Paper, Series 2016-A-2, 0.42% 8/4/2016 | 3,000 | 3,000 |
Educational Facs. Auth., Higher Education Commercial Paper, Series 2016-S-1, 0.47% 9/6/2016 | 17,000 | 17,000 |
Various Purpose G.O. Bonds, 2.00% 8/1/2016 | 10,000 | 10,001 |
Various Purpose G.O. Commercial Paper, Series 2016-A-5, 0.43% 9/6/2016 | 4,000 | 4,000 |
Health Facs. Fncg. Auth., Rev. Bonds (St. Joseph Health System), Series 2011-B, 0.38% 20411 |
2,805 | 2,805 |
County of Los Angeles, 2016-17 Tax and Rev. Anticipation Notes, 3.00% 6/30/2017 | 15,000 | 15,346 |
Pollution Control Fncg. Auth., Pollution Control Rev. Ref. Bonds (Pacific Gas and Electric Co.), Series 1996-E, JPMorgan Chase LOC, 0.36% 20261 |
2,390 | 2,390 |
Regents of the University of California, General Rev. Bonds, Series 2013-AL-1, 0.41% 20481 | 5,600 | 5,600 |
Total short-term securities (cost: $62,112,000) | 62,142 | |
Total investment securities 99.41% (cost: $1,909,060,000) | 2,058,738 | |
Other assets less liabilities 0.59% | 12,130 | |
Net assets 100.00% | $2,070,868 |
1 | Coupon rate may change periodically. For short-term securities, the date of the next scheduled coupon rate change is considered to be the maturity date. |
2 | Acquired in a transaction exempt from registration under Rule 144A of the Securities Act of 1933. May be resold in the U.S. in transactions exempt from registration, normally to qualified institutional buyers. The total value of all such securities was $58,092,000, which represented 2.81% of the net assets of the fund. |
Key to abbreviations | |
Agcy. = Agency | Fin. = Finance |
AMT = Alternative Minimum Tax | Fncg. = Financing |
Auth. = Authority | G.O. = General Obligation |
Certs. of Part. = Certificates of Participation | LOC = Letter of Credit |
Dept. = Department | Preref. = Prerefunded |
Dev. = Development | Redev. = Redevelopment |
Dist. = District | Ref. = Refunding |
Econ. = Economic | Rev. = Revenue |
Fac. = Facility | TECP = Tax-Exempt Commercial Paper |
Facs. = Facilities |
Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value.
Investors should carefully consider investment objectives, risks, charges and expenses. This and other important information is contained in the fund prospectus and summary prospectus, which can be obtained from your financial professional and should be read carefully before investing. You may also call American Funds Service Company (AFS) at (800) 421-4225 or visit the American Funds website at americanfunds.com.
MFGEFPX-020-0916O-S54080 | The Tax-Exempt Fund of California — Page 22 of 22 |
Report of Independent Registered Public Accounting Firm
To the Board of Trustees and Shareholders of American Funds Short-Term Tax-Exempt Bond Fund, Limited Term Tax-Exempt Bond Fund of America, The Tax-Exempt Bond Fund of America, American High-Income Municipal Bond Fund, The Tax-Exempt Fund of California and American Funds Tax-Exempt Fund of New York
In our opinion, the accompanying statements of assets and liabilities, including the summary investment portfolios, and the related statements of operations and of changes in net assets and the financial highlights (included in Item 1 of this Form N-CSR) and the investment portfolios (included in Item 6 of this Form N-CSR) present fairly, in all material respects, the financial position of American Funds Short-Term Tax-Exempt Bond Fund, Limited Term Tax-Exempt Bond Fund of America, The Tax-Exempt Bond Fund of America, American High-Income Municipal Bond Fund, The Tax-Exempt Fund of California and American Funds Tax-Exempt Fund of New York (the “Funds”) at July 31, 2016, the results of each of their operations for the year then ended, the changes in each of their net assets and the financial highlights for each of the periods presented (other than as noted below for The Tax-Exempt Fund of California), in conformity with accounting principles generally accepted in the United States of America. These financial statements, financial highlights, and investment portfolios (hereafter referred to as "financial statements") are the responsibility of the Funds’ management. Our responsibility is to express an opinion on these financial statements based on our audits. We conducted our audits of these financial statements in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, and evaluating the overall financial statement presentation. We believe that our audits, which included confirmation of securities at July 31, 2016 by correspondence with the custodians and brokers, provide a reasonable basis for our opinion. The financial highlights of The Tax-Exempt Fund of California for each of the periods ended on or before July 31, 2013, were audited by another independent registered public accounting firm whose report dated September 9, 2013, expressed an unqualified opinion on those financial highlights.
PricewaterhouseCoopers LLP
Los Angeles, California
September 12, 2016
American
Funds Tax-Exempt Fund of New York®
Investment portfolio
July 31, 2016
Bonds, notes & other debt instruments 96.91% New York 93.41% State issuers 50.30% |
Principal amount (000) |
Value (000) |
Build NYC Resource Corp., Rev. Bonds (Bronx Charter School for Excellence Project), Series 2013-A, 5.50% 2043 |
$1,000 | $1,094 |
Build NYC Resource Corp., Rev. Bonds (YMCA of Greater New York Project), 5.00% 2040 | 500 | 588 |
Build NYC Resource Corp., Solid Waste Disposal Rev. Bonds (Pratt Paper (NY), Inc. Project), Series 2014, AMT, 4.50% 20251 |
450 | 502 |
Build NYC Resource Corp., Solid Waste Disposal Rev. Bonds (Pratt Paper (NY), Inc. Project), Series 2014, AMT, 5.00% 20351 |
250 | 285 |
Build NYC Resource Corp., Rev. Ref. Bonds (New York Law School), 5.00% 2041 | 750 | 885 |
Convention Center Dev. Corp., Rev. Ref. Bonds (Hotel Unit Fee Secured), 5.00% 2030 | 300 | 377 |
Convention Center Dev. Corp., Rev. Ref. Bonds (Hotel Unit Fee Secured), 5.00% 2035 | 840 | 1,029 |
Dobbs Ferry Local Dev. Corp., Rev. Bonds, Series 2014, 5.00% 2039 | 1,625 | 1,918 |
Dobbs Ferry Local Dev. Corp., Rev. Bonds, Series 2014, 5.00% 2044 | 500 | 587 |
Dormitory Auth. of the State of New York, School Districts Rev. Bond Fncg. Program Rev. Bonds, Series 2013-E, Assured Guaranty Municipal insured, 5.00% 2022 |
1,000 | 1,229 |
Dormitory Auth., Columbia University Rev. Green Bonds, Series 2016-A-1, 5.00% 2026 | 500 | 670 |
Dormitory Auth., Consolidated Service Contract Rev. Ref. Bonds, Series 2010, 5.00% 2020 | 500 | 580 |
Dormitory Auth., Cornell University, Rev. Bonds, Series 2016-A, 5.00% 2033 | 1,000 | 1,276 |
Dormitory Auth., Culinary Institute of America Rev. Bonds, Series 2013, 5.50% 2033 | 500 | 598 |
Dormitory Auth., Fordham University, Rev. Bonds, Series 2011-A, 5.50% 2036 | 1,000 | 1,206 |
Dormitory Auth., Fordham University, Rev. Bonds, Series 2016-A, 5.00% 2036 | 1,000 | 1,237 |
Dormitory Auth., Icahn School of Medicine at Mount Sinai, Rev. Bonds, Series 2015-A, 5.00% 2031 | 500 | 613 |
Dormitory Auth., Icahn School of Medicine at Mount Sinai, Rev. Bonds, Series 2015-A, 5.00% 2035 | 1,000 | 1,211 |
Dormitory Auth., Icahn School of Medicine at Mount Sinai, Rev. Bonds, Series 2015-A, 5.00% 2040 | 250 | 302 |
Dormitory Auth., Lease Rev. Bonds (State University Dormitory Facs. Issue), Series 2010-A, 5.00% 2035 | 1,000 | 1,153 |
Dormitory Auth., Miriam Osborn Memorial Home Association Rev. Ref. Bonds, Series 2012, 5.00% 2042 | 970 | 1,038 |
Dormitory Auth., Mount Sinai School of Medicine of New York University, Rev. Ref. Bonds, Series 2010-A, 5.00% 2021 | 1,000 | 1,149 |
Dormitory Auth., New School Rev. Bonds, Series 2010, 5.25% 2021 | 500 | 580 |
Dormitory Auth., New School Rev. Bonds, Series 2010, 5.50% 2040 | 500 | 581 |
Dormitory Auth., New School Rev. Bonds, Series 2015-A, 5.00% 2032 | 1,000 | 1,216 |
Dormitory Auth., New York University Rev. Bonds, Series 2016-A, 5.00% 2034 | 500 | 628 |
Dormitory Auth., New York University Rev. Bonds, Series 2016-A, 5.00% 2039 | 1,000 | 1,242 |
Dormitory Auth., North Shore-Long Island Jewish Obligated Group, Rev. Ref. Bonds, Series 2011-A, 5.00% 2032 |
1,500 | 1,746 |
Dormitory Auth., NYU Hospitals Center Rev. Bonds, 5.00% 2022 | 200 | 243 |
Dormitory Auth., NYU Hospitals Center Rev. Bonds, 5.00% 2034 | 1,000 | 1,207 |
Dormitory Auth., NYU Hospitals Center Rev. Bonds, Series 2011-A, 6.00% 2040 (preref. 2020) | 1,000 | 1,204 |
Dormitory Auth., NYU Hospitals Center Rev. Bonds, Series 2016-A, 4.00% 2040 | 505 | 563 |
Dormitory Auth., NYU Hospitals Center Rev. Bonds, Series 2016-A, 5.00% 2027 | 200 | 256 |
Dormitory Auth., NYU Hospitals Center Rev. Bonds, Series 2016-A, 5.00% 2033 | 400 | 499 |
Dormitory Auth., Orange Regional Medical Center Obligated Group Rev. Bonds, Series 2008, 6.25% 2037 | 1,000 | 1,093 |
Dormitory Auth., Orange Regional Medical Center Obligated Group Rev. Bonds, Series 2015, 5.00% 20321 | 600 | 685 |
Dormitory Auth., Pratt Institute, Rev. Bonds, Series 2016, 5.00% 2039 | 650 | 797 |
Dormitory Auth., School Districts Rev. Bond Fncg. Program Rev. Bonds, Series 2016-A, 5.00% 2022 | 1,000 | 1,222 |
Dormitory Auth., School Districts Rev. Bond Fncg. Program Rev. Bonds, Series 2016-A, 5.00% 2033 | 1,000 | 1,249 |
Dormitory Auth., School Districts Rev. Bond Fncg. Program Rev. Bonds, Series 2016-E, 5.00% 2026 | 500 | 649 |
American Funds Tax-Exempt Fund of New York — Page 1 of 7
Bonds, notes & other debt instruments New York (continued) State issuers (continued) |
Principal amount (000) |
Value (000) |
Dormitory Auth., School Districts Rev. Bond Fncg. Program Rev. Ref. Bonds, Series 2011-A, 5.00% 2024 | $500 | $594 |
Dormitory Auth., Skidmore College Rev. Bonds, Series 2011-A, 5.50% 2041 | 1,420 | 1,683 |
Dormitory Auth., State Personal Income Tax Rev. Bonds (Education), Series 2008-A, 5.00% 2016 | 1,425 | 1,450 |
Dormitory Auth., State Personal Income Tax Rev. Bonds (Education), Series 2014-E, 5.00% 2017 | 845 | 866 |
Dormitory Auth., State Personal Income Tax Rev. Bonds (Education), Series 2014-E, 5.00% 2032 | 750 | 927 |
Dormitory Auth., Touro College and University System Obligated Group Rev. Bonds, Series 2014-A, 5.50% 2039 |
500 | 573 |
Environmental Facs. Corp., Solid Waste Disposal Rev. Ref. Bonds (Waste Management, Inc. Project), Series 2012, AMT, 0.85% 2030 (put 2016)2 |
3,250 | 3,250 |
Environmental Facs. Corp., Solid Waste Disposal Rev. Ref. Bonds (Waste Management, Inc. Project), Series 2013-A, 2.75% 2017 |
1,000 | 1,019 |
Housing Dev. Corp., Multi-Family Housing Rev. Bonds (Sustainable Neighborhood), Series 2015-H, 2.95% 2045 (put 2026) |
750 | 795 |
Hudson Yards Infrastructure Corp., Rev. Bonds, Fiscal 2007 Series A, 5.00% 2047 | 825 | 844 |
Hudson Yards Infrastructure Corp., Rev. Bonds, Fiscal 2012 Series A, 5.25% 2047 | 1,000 | 1,152 |
Hudson Yards Infrastructure Corp., Rev. Bonds, Fiscal 2012 Series A, 5.75% 2047 | 1,000 | 1,183 |
Liberty Dev. Corp., Liberty Rev. Ref. Bonds (3 World Trade Center Project), Series 2014, Class 2, 5.15% 20341 | 1,250 | 1,411 |
Liberty Dev. Corp., Liberty Rev. Ref. Bonds (3 World Trade Center Project), Series 2014, Class 2, 5.375% 20401 | 350 | 409 |
Liberty Dev. Corp., Liberty Rev. Ref. Bonds (3 World Trade Center Project), Series 2014, Class 3, 7.25% 20441 | 375 | 495 |
Liberty Dev. Corp., Liberty Rev. Ref. Bonds (4 World Trade Center Project), Series 2011, 5.00% 2031 | 1,500 | 1,767 |
Liberty Dev. Corp., Liberty Rev. Ref. Bonds (Bank of America Tower at One Bryant Park Project), Series 2010, 6.375% 2049 | 1,500 | 1,708 |
Liberty Dev. Corp., Rev. Bonds (Goldman Sachs Headquarters Issue), Series 2005, 5.25% 2035 | 1,000 | 1,349 |
Metropolitan Transportation Auth., Dedicated Tax Fund Bonds, Series 2004-C, AMBAC insured, 5.50% 2017 | 1,000 | 1,064 |
Metropolitan Transportation Auth., Dedicated Tax Fund Rev. Ref. Bonds, Series 2002-B-3D, 1.44% 20202 | 2,000 | 2,018 |
Metropolitan Transportation Auth., Dedicated Tax Fund Rev. Ref. Bonds, Series 2008-A-2A, 0.82% 2026 (put 2017)2 |
490 | 489 |
Metropolitan Transportation Auth., Transportation Rev. Bonds, Series 2012-E, 5.00% 2031 | 1,000 | 1,212 |
Metropolitan Transportation Auth., Transportation Rev. Bonds, Series 2012-F, 5.00% 2016 | 1,000 | 1,014 |
Metropolitan Transportation Auth., Transportation Rev. Bonds, Series 2014-B, 5.00% 2044 | 500 | 601 |
Metropolitan Transportation Auth., Transportation Rev. Bonds, Series 2014-D-1, 5.00% 2039 | 250 | 305 |
Metropolitan Transportation Auth., Transportation Rev. Bonds, Series 2015-A-2, 1.02% 2039 (put 2020)2 | 500 | 497 |
Metropolitan Transportation Auth., Transportation Rev. Bonds, Series 2015-C-1, 5.00% 2035 | 1,750 | 2,142 |
Metropolitan Transportation Auth., Transportation Rev. Bonds, Series 2015-C-1, 5.25% 2030 | 280 | 360 |
Metropolitan Transportation Auth., Transportation Rev. Bonds, Series 2016-C-1, 4.00% 2041 | 1,000 | 1,116 |
Metropolitan Transportation Auth., Transportation Rev. Bonds, Series 2016-C-1, 5.00% 2036 | 500 | 616 |
Metropolitan Transportation Auth., Transportation Rev. Ref. Bonds, Series 2002-G-1H, 1.163% 2026 (put 2016)2 |
715 | 715 |
Metropolitan Transportation Auth., Transportation Rev. Ref. Bonds, Series 2016-B, 4.00% 2036 | 1,000 | 1,121 |
Mortgage Agcy., Homeowner Mortgage Rev. Bonds, Series 178, 3.50% 2043 | 440 | 454 |
Mortgage Agcy., Homeowner Mortgage Rev. Bonds, Series 191, 3.50% 2034 | 660 | 692 |
Mortgage Agcy., Homeowner Mortgage Rev. Bonds, Series 194, AMT, 3.50% 2035 | 750 | 795 |
Mortgage Agcy., Homeowner Mortgage Rev. Bonds, Series 195, 4.00% 2046 | 1,475 | 1,622 |
Mortgage Agcy., Homeowner Mortgage Rev. Bonds, Series 197, 3.50% 2044 | 900 | 979 |
Mortgage Agcy., Homeowner Mortgage Rev. Bonds, Series 52, AMT, 3.50% 2030 | 1,100 | 1,176 |
Mortgage Agcy., Mortgage Rev. Bonds, Series 46, 5.00% 2029 | 135 | 140 |
Mortgage Agcy., Mortgage Rev. Ref. Bonds, Series 45, 4.50% 2029 | 335 | 348 |
Mortgage Agcy., Mortgage Rev. Ref. Bonds, Series 48, 2.625% 2041 | 625 | 642 |
Port Auth., Consolidated Bonds, Series 147, AMT, FGIC-National insured, 5.00% 2021 | 500 | 515 |
Port Auth., Consolidated Bonds, Series 166, 5.00% 2031 | 1,000 | 1,171 |
Port Auth., Consolidated Rev. Ref. Bonds, Series 167, AMT, 5.00% 2025 | 1,000 | 1,150 |
Port Auth., Consolidated Rev. Ref. Bonds, Series 172, AMT, 5.00% 2034 | 500 | 576 |
Port Auth., Consolidated Rev. Ref. Bonds, Series 186, AMT, 5.00% 2044 | 500 | 594 |
Port Auth., Special Project Bonds (JFK International Air Terminal LLC Project), Series 8, 5.00% 2020 | 1,000 | 1,145 |
American Funds Tax-Exempt Fund of New York — Page 2 of 7
Bonds, notes & other debt instruments New York (continued) State issuers (continued) |
Principal amount (000) |
Value (000) |
Power Auth. of the State of New York, Rev. Ref. Bonds, Series 2011-A, 5.00% 2038 | $1,500 | $1,779 |
State Energy Research and Dev. Auth., Pollution Control Rev. Ref. Bonds (New York State Electric & Gas Corp. Project), Series 2005-B, AMT, 2.375% 2026 (put 2020) | 300 | 307 |
Thruway Auth., General Rev. Bonds, Series 2014-J, 5.00% 2027 | 1,000 | 1,241 |
Thruway Auth., General Rev. Junior Indebtedness Obligations, Series 2013-A, 5.00% 2019 | 250 | 280 |
Thruway Auth., General Rev. Junior Indebtedness Obligations, Series 2016-A, 5.00% 2051 | 650 | 781 |
Thruway Auth., General Rev. Junior Indebtedness Obligations, Series 2016-A, 5.25% 2056 | 250 | 309 |
Thruway Auth., Local Highway and Bridge Service Contract Rev. Ref. Bonds, Series 2009, 5.00% 2020 | 1,000 | 1,144 |
Tobacco Settlement Fncg. Corp., Rev. Ref. Bonds (State Contingency Contract Secured), Series 2011-B, 5.00% 2018 |
1,000 | 1,080 |
Transportation Dev. Corp., Special Fac. Rev. Ref. Bonds (American Airlines, Inc. John F. Kennedy International Airport Project), Series 2016, AMT, 5.00% 2031 | 2,250 | 2,470 |
Transportation Dev. Corp., Special Fac. Rev. Ref. Bonds (Terminal One Group Association, L.P. Project), 5.00% 2022 |
1,000 | 1,187 |
Transportation Dev. Corp., Special Fac. Rev. Ref. Bonds (Terminal One Group Association, L.P. Project), 5.00% 2023 |
500 | 605 |
Transportation Dev. Corp., Special Facs. Bonds (LaGuardia Airport Terminal B Redev. Project), Series 2016-A, AMT, 5.00% 2034 | 500 | 583 |
Transportation Dev. Corp., Special Facs. Bonds (LaGuardia Airport Terminal B Redev. Project), Series 2016-A, AMT, 5.00% 2041 | 500 | 575 |
Transportation Dev. Corp., Special Facs. Bonds (LaGuardia Airport Terminal B Redev. Project), Series 2016-A, AMT, 5.00% 2046 | 300 | 345 |
Transportation Dev. Corp., Special Facs. Bonds (LaGuardia Airport Terminal B Redev. Project), Series 2016-A, AMT, 5.25% 2050 | 1,200 | 1,395 |
Triborough Bridge and Tunnel Auth. (MTA Bridges and Tunnels), General Rev. Bonds, Series 2010-A-1, 5.00% 2019 |
1,000 | 1,143 |
Triborough Bridge and Tunnel Auth. (MTA Bridges and Tunnels), General Rev. Ref. Bonds, Series 2015-B-4A, 0.613% 2028 (put 2016)2 |
1,040 | 1,039 |
Triborough Bridge and Tunnel Auth. (MTA Bridges and Tunnels), General Rev. Ref. Bonds, Series 2000-ABCD-5, Assured Guaranty Municipal insured, 0.88% 20192 |
500 | 498 |
Urban Dev. Corp., Rev. Bonds (General Purpose), Series 2014-A, 5.00% 2027 | 1,500 | 1,892 |
Urban Dev. Corp., Rev. Bonds (General Purpose), Series 2014-A, 5.00% 2034 | 500 | 608 |
Urban Dev. Corp., Service Contract Rev. Ref. Bonds, Series 2010-A-2, 5.00% 2020 | 1,000 | 1,143 |
Urban Dev. Corp., State Personal Income Tax Rev. Bonds (General Purpose), Series 2016-A, 5.00% 2032 | 1,000 | 1,255 |
Urban Dev. Corp., State Personal Income Tax Rev. Bonds (General Purpose), Series 2016-A, 5.00% 2035 | 300 | 371 |
Urban Dev. Corp., State Personal Income Tax Rev. Bonds (State Facs. and Equipment), Series 2009-B-1, 5.25% 2038 |
1,000 | 1,108 |
105,069 | ||
City & county issuers 43.11% | ||
City of Albany, Capital Resource Corp., Rev. Bonds (St. Peter’s Hospital of the City of Albany Project), Series 2011, 6.25% 2038 |
1,000 | 1,229 |
City of Albany, Industrial Dev. Agcy., Civic Fac. Rev. Ref. Bonds (St. Peter’s Hospital of the City of Albany Project), Series 2008-A, 5.25% 2027 | 500 | 531 |
Buffalo and Erie County, Industrial Land Dev. Corp., Rev. Bonds (Buffalo State College Foundation Housing Corp. Project), Series 2011-A, 5.375% 2041 | 1,400 | 1,623 |
Buffalo and Erie County, Industrial Land Dev. Corp., Obligated Group Rev. Bonds (Catholic Health System, Inc. Project), Series 2015, 5.00% 2040 | 1,050 | 1,239 |
Buffalo and Erie County, Industrial Land Dev. Corp., Obligated Group Rev. Bonds (Catholic Health System, Inc. Project), Series 2015, 5.25% 2035 | 500 | 604 |
Dutchess County Local Dev. Corp., Rev. Bonds (Health Quest Systems, Inc. Project), Series 2016-B, 4.00% 2041 |
850 | 928 |
Dutchess County Local Dev. Corp., Rev. Bonds (Health Quest Systems, Inc. Project), Series 2016-B, 5.00% 2046 |
500 | 604 |
American Funds Tax-Exempt Fund of New York — Page 3 of 7
Bonds, notes & other debt instruments New York (continued) City & county issuers (continued) |
Principal amount (000) |
Value (000) |
Dutchess County Local Dev. Corp., Rev. Ref. Bonds (Health Quest Systems, Inc. Project), Series 2010, 5.75% 2030 |
$500 | $579 |
Dutchess County Local Dev. Corp., Rev. Ref. Bonds (Health Quest Systems, Inc. Project), Series 2010, 5.75% 2040 |
1,000 | 1,155 |
Dutchess County Local Dev. Corp., Rev. Ref. Bonds (Health Quest Systems, Inc. Project), Series 2014-A, 5.00% 2028 |
430 | 522 |
Erie County, Industrial Dev. Agcy., School Fac. Rev. Bonds (City School Dist. of the City of Buffalo Project), Series 2011-A, 5.25% 2025 | 500 | 598 |
Erie County, Industrial Dev. Agcy., School Fac. Rev. Ref. Bonds (City School Dist. of the City of Buffalo Project), Series 2012-A, 5.00% 2021 | 500 | 593 |
Erie County, Industrial Dev. Agcy., School Fac. Rev. Ref. Bonds (City School Dist. of the City of Buffalo Project), Series 2013-A, 5.00% 2027 | 790 | 972 |
Various Purpose G.O. Bonds, Series 2014-A, 5.00% 2028 | 1,250 | 1,527 |
Various Purpose G.O. Bonds, Series 2016-A, 5.00% 2027 | 850 | 1,074 |
Various Purpose G.O. Bonds, Series 2016-B, 5.00% 2025 | 1,000 | 1,270 |
Town of Hempstead Local Dev. Corp., Rev. Bonds (Hofstra University Project), Series 2011, 5.00% 2027 | 1,300 | 1,505 |
Town of Hempstead Local Dev. Corp., Rev. Bonds (Hofstra University Project), Series 2011, 5.00% 2041 | 800 | 924 |
Town of Hempstead, Local Dev. Corporation Rev. Ref. Bonds (Adelphi University Project), Series 2014, 5.00% 2027 |
400 | 492 |
Long Island Power Auth., Electric System General Rev. Bonds, Series 2011-A, 5.00% 2038 | 500 | 566 |
Long Island Power Auth., Electric System General Rev. Bonds, Series 2014-A, 5.00% 2044 | 1,240 | 1,478 |
Long Island Power Auth., Electric System General Rev. Bonds, Series 2014-C, 0.977% 2033 (put 2018)2 | 1,000 | 1,000 |
Long Island Power Auth., Electric System General Rev. Bonds, Series 2015-B, 5.00% 2035 | 1,215 | 1,474 |
Long Island Power Auth., Electric System General Rev. Bonds, Series 2015-B, 5.00% 2038 | 750 | 906 |
Long Island Power Auth., Electric System General Rev. Bonds, Series 2015-C, 1.207% 2033 (put 2018)2 | 300 | 301 |
County of Monroe, Industrial Dev. Agcy., School Fac. Rev. Bonds (Rochester Schools Modernization Project), Series 2012-A, 5.00% 2021 | 1,000 | 1,184 |
Monroe County, Industrial Dev. Corp., Rev. Bonds (Highland Hospital of Rochester Project), Series 2015, 5.00% 2033 | 430 | 515 |
Monroe County, Industrial Dev. Corp., Rev. Bonds (Highland Hospital of Rochester Project), Series 2015, 5.00% 2034 | 380 | 452 |
Nassau County, Local Econ. Assistance Corp., Rev. Ref. Bonds (Winthrop-University Hospital Association Project), Series 2012, 5.00% 2037 | 500 | 559 |
Nassau County, Tobacco Settlement Corp., Tobacco Settlement Asset-Backed Current Interest Bonds, Series 2006-A-3, 5.125% 2046 |
2,000 | 1,987 |
Nassau County, G.O. General Improvement Bonds, 2016 Ref. Series A, 5.00% 2030 | 1,795 | 2,222 |
Nassau County, G.O. General Improvement Bonds, Series 2016-B, 5.00% 2023 | 750 | 924 |
City of New Rochelle, Corp. for Local Dev. Rev Bonds (Iona College Project), Series 2015-A, 5.00% 2022 | 270 | 320 |
City of New Rochelle, Corp. for Local Dev. Rev Bonds (Iona College Project), Series 2015-A, 5.00% 2045 | 750 | 878 |
City of New York, G.O. Bonds, Fiscal 2014, Series 2013-G, 5.00% 2016 | 1,000 | 1,000 |
City of New York, G.O. Bonds, Series 2008-J-4, 0.99% 20252 | 1,500 | 1,500 |
City of New York, G.O. Bonds, Series 2008-L-1, 5.00% 2023 | 1,000 | 1,074 |
City of New York, G.O. Bonds, Series 2011-I-1, 5.00% 2016 | 750 | 750 |
City of New York, G.O. Bonds, Series 2013-J, 5.00% 2016 | 2,500 | 2,501 |
City of New York, G.O. Bonds, Series 2015-A, 5.00% 2026 | 1,000 | 1,294 |
City of New York, G.O. Bonds, Series 2015-C, 5.00% 2028 | 500 | 630 |
City of New York, G.O. Bonds, Series 2015-C, 5.00% 2033 | 1,000 | 1,229 |
City of New York, G.O. Bonds, Series 2016-C, 5.00% 2031 | 1,500 | 1,888 |
New York City Industrial Dev. Agcy., Airport Facs. Rev. Ref. Bonds (Transportation Infrastructure Properties, LLC Obligated Group), Series 2012-A, AMT, 5.00% 2022 | 15 | 17 |
New York City Industrial Dev. Agcy., Airport Facs. Rev. Ref. Bonds (Transportation Infrastructure Properties, LLC Obligated Group), Series 2012-A, AMT, 5.00% 2028 | 250 | 280 |
New York City Transitional Fin. Auth., Building Aid Rev. Bonds, Fiscal 2007 Series S-2, Assured Guaranty Municipal insured, 5.00% 2017 | 570 | 582 |
American Funds Tax-Exempt Fund of New York — Page 4 of 7
Bonds, notes & other debt instruments New York (continued) City & county issuers (continued) |
Principal amount (000) |
Value (000) |
New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2011 Series C, 5.25% 2025 | $1,000 | $1,184 |
New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2017 Series 2016-A-1, 5.00% 2035 | 2,000 | 2,485 |
New York City Transitional Fin. Auth., Future Tax Secured Bonds, Series 2015-C, 5.00% 2027 | 750 | 959 |
New York City Transitional Fin. Auth., Future Tax Secured Rev. Ref. Bonds, Fiscal 2010 Series D, 5.00% 2023 | 1,000 | 1,157 |
New York City Transitional Fin. Auth., Future Tax Secured Rev. Ref. Bonds, Series 2015-A-1, 5.00% 2037 | 500 | 613 |
New York City Transitional Fin. Auth., Future Tax Secured Rev. Ref. Bonds, Series 2015-C, 5.00% 2026 | 1,000 | 1,304 |
New York City, Health and Hospitals Corp., Health System Rev. Ref. Bonds, Series 2010-A, 5.00% 2021 | 540 | 620 |
New York City, Health and Hospitals Corp., Health System Rev. Ref. Bonds, Series 2010-A, 5.00% 2025 | 500 | 568 |
New York City, Housing Dev. Corp. Multi-Family Rev. Bonds (8 Spruce Street), Series 2014-E, 3.50% 2048 | 1,670 | 1,734 |
New York City, Housing Dev. Corp. Multi-Family Rev. Bonds (8 Spruce Street), Series 2014-F, 4.50% 2048 | 500 | 538 |
New York City, Industrial Dev. Agcy., Special Fac. Rev. Bonds (American Airlines, Inc. John F. Kennedy International Airport Project), AMT, 2.00% 2028 | 200 | 200 |
New York City, Industrial Dev. Agcy., Special Fac. Rev. Bonds (American Airlines, Inc. John F. Kennedy International Airport Project), Series 2005, AMT, 7.625% 2025 | 1,500 | 1,515 |
New York City, Municipal Water Fin. Auth., Water and Sewer System Second General Resolution Rev. Bonds, Series 2011-EE, 5.375% 2043 | 1,000 | 1,184 |
New York City, Municipal Water Fin. Auth., Water and Sewer System Second General Resolution Rev. Bonds, Series 2014-EE, 5.00% 2045 | 500 | 602 |
New York City, Municipal Water Fin. Auth., Water and Sewer System Second General Resolution Rev. Bonds, Series 2015-HH, 5.00% 2039 | 500 | 611 |
Trust for Cultural Resources of the City of New York, Rev. Bonds (Juilliard School), Series 2009-B, 1.35% 2036 (put 2017) | 1,500 | 1,510 |
Trust for Cultural Resources of the City of New York, Rev. Bonds (The Museum of Modern Art), Series 2016-1-E, 4.00% 2028 |
1,500 | 1,804 |
Niagara Area Dev. Corp. (New York), Solid Waste Disposal Fac. Rev. Ref. Bonds (Covanta Energy Project), Series 2012-A, AMT, 5.25% 20421 | 375 | 384 |
Niagara Frontier Transportation Auth., Airport Rev. Ref. Bonds (Buffalo Niagara International Airport), Series 2014-A, AMT, 5.00% 2027 |
600 | 710 |
Niagara Frontier Transportation Auth., Airport Rev. Ref. Bonds (Buffalo Niagara International Airport), Series 2014-A, AMT, 5.00% 2028 |
500 | 587 |
Niagara Frontier Transportation Auth., Airport Rev. Ref. Bonds (Buffalo Niagara International Airport), Series 2014-A, AMT, 5.00% 2029 |
700 | 820 |
Onondaga Civic Dev. Corp., Rev. Bonds (St. Joseph’s Hospital Health Center Project), Series 2014-A, 5.125% 2031 (preref. 2019) |
750 | 847 |
Onondaga County, Resource Recovery Agcy., Rev. Ref. Bonds, Series 2015-A, AMT, Assured Guaranty Municipal insured, 5.00% 2030 | 1,750 | 2,065 |
County of Rockland G.O. Bonds, Series 2014-A, Assured Guaranty Municipal insured, 5.00% 2024 | 1,000 | 1,224 |
Southold Local Dev. Corporation, Rev. Bonds (Peconic Landing at Southold, Inc. Project), Series 2015, 5.00% 2045 |
1,500 | 1,699 |
Suffolk County, Econ. Dev. Corp., Rev. Ref. Bonds (Catholic Health Services of Long Island Obligated Group Project), 5.00% 2028 | 850 | 969 |
Suffolk County, Econ. Dev. Corp., Rev. Ref. Bonds (Catholic Health Services of Long Island Obligated Group Project), 5.00% 2028 (preref. 2021) | 150 | 180 |
Suffolk County, Econ. Dev. Corp., Rev. Ref. Bonds (Peconic Landing at Southold, Inc. Project), Series 2010, 5.875% 2030 | 1,000 | 1,147 |
Suffolk County, Industrial Dev. Agcy., Continuing Care Retirement Community Rev. Ref. Bonds (Jefferson’s Ferry Project), Series 2006, 5.00% 2028 | 1,000 | 1,007 |
Suffolk Tobacco Asset Securitization Corp., Tobacco Settlement Asset-Backed Rev. Ref. Bonds, Series 2012-B, 5.00% 2032 | 750 | 846 |
Tompkins County, New York, Dev. Corp., Continuing Care Retirement Community Rev. Bonds (Kendal at Ithaca Inc.), Series 2014-A, 5.00% 2044 | 1,000 | 1,143 |
TSASC, Inc., Tobacco Settlement Asset-Backed Rev. Ref. Bonds, Series 2006-1, 5.00% 2034 | 1,380 | 1,380 |
TSASC, Inc., Tobacco Settlement Asset-Backed Rev. Ref. Bonds, Series 2006-1, 5.125% 2042 | 4,845 | 4,828 |
Westchester County, Health Care Corp., Rev. Bonds, Series 2010-B, 6.00% 2030 | 130 | 151 |
American Funds Tax-Exempt Fund of New York — Page 5 of 7
Bonds, notes & other debt instruments New York (continued) City & county issuers (continued) |
Principal amount (000) |
Value (000) |
Westchester County, Health Care Corp., Rev. Bonds, Series 2010-B, 6.00% 2030 (preref. 2020) | $870 | $1,059 |
Westchester County, Health Care Corp., Rev. Bonds, Series 2011-A, 5.00% 2021 | 100 | 118 |
Westchester County, Local Dev. Corp., Rev. Bonds (Westchester Medical Center Obligated Group Project), Series 2016, 5.00% 2034 | 1,150 | 1,385 |
Westchester County, Local Dev. Corp., Rev. Bonds (Westchester Medical Center Obligated Group Project), Series 2016, 5.00% 2046 | 1,000 | 1,176 |
Westchester County, Local Dev. Corp., Rev. Ref. Bonds (Pace University), Series 2014-A, 5.50% 2042 | 450 | 530 |
City of Yonkers, G.O. Bonds, Series 2011-A, 5.00% 2019 | 1,000 | 1,127 |
City of Yonkers, G.O. Bonds, Series 2015-B, Assured Guaranty Municipal insured, 5.00% 2024 | 490 | 607 |
90,057 | ||
Guam 1.49% | ||
A.B. Won Pat International Airport Auth., General Rev. Bonds, Series 2013-C, AMT, 6.375% 2043 | 500 | 612 |
Government of Guam, Business Privilege Tax Bonds, Series 2011-A, 5.00% 2031 | 1,200 | 1,310 |
Government of Guam, Hotel Occupancy Tax Rev. Ref. Bonds, Series 2011-A, 6.125% 2031 | 500 | 609 |
Waterworks Auth., Water and Wastewater System Rev. Bonds, Series 2013, 5.00% 2028 | 250 | 291 |
Waterworks Auth., Water and Wastewater System Rev. Bonds, Series 2014-A, 5.00% 2029 | 250 | 292 |
3,114 | ||
Puerto Rico 1.77% | ||
Highways and Transportation Auth., Transportation Rev. Ref. Bonds, Series 2007-N, Assured Guaranty insured, 5.25% 2036 |
500 | 531 |
Highways and Transportation Auth., Highway Rev. Ref. Bonds, Series 2003-AA1, Assured Guaranty Municipal insured, 4.95% 2026 |
265 | 270 |
Highways and Transportation Auth., Transportation Rev. Ref. Bonds, Series 2002-D, Assured Guaranty Municipal insured, 5.00% 2032 |
660 | 662 |
Industrial, Tourist, Educational, Medical and Environmental Control Facs. Fncg. Auth., Higher Education Rev. and Rev. Ref. Bonds (Inter American University of Puerto Rico Project), Series 2012, 5.00% 2021 | 200 | 207 |
Industrial, Tourist, Educational, Medical and Environmental Control Facs. Fncg. Auth., Higher Education Rev. and Rev. Ref. Bonds (Inter American University of Puerto Rico Project), Series 2012, 5.00% 2031 | 750 | 734 |
Industrial, Tourist, Educational, Medical and Environmental Control Facs. Fncg. Auth., Higher Education Rev. and Rev. Ref. Bonds (University of the Sacred Heart Project), Series 2012, 5.00% 2020 | 250 | 210 |
Industrial, Tourist, Educational, Medical and Environmental Control Facs. Fncg. Auth., Higher Education Rev. and Rev. Ref. Bonds (University of the Sacred Heart Project), Series 2012, 5.00% 2042 | 500 | 363 |
Industrial, Tourist, Educational, Medical and Environmental Control Facs. Fncg. Auth., Hospital Rev. and Rev. Ref. Bonds (Hospital Auxilio Mutuo Obligated Group Project), Series 2011-A, 6.00% 2033 | 250 | 258 |
University of Puerto Rico, University System Rev. Ref. Bonds, Series 2006-P, 5.00% 2017 | 570 | 315 |
University of Puerto Rico, University System Rev. Ref. Bonds, Series 2006-Q, 5.00% 2020 | 350 | 147 |
3,697 | ||
Virgin Islands 0.24% | ||
Public Fin. Auth., Rev. Bonds (Matching Fund Loan Note - Diageo Project), Series 2009-A, 6.625% 2029 | 500 | 515 |
Total bonds, notes & other debt instruments (cost: $188,886,000) | 202,452 | |
Short-term securities 4.07% | ||
Dormitory Auth., University of Rochester Rev. Bonds, Series 2003-A, JPMorgan Chase LOC, 0.39% 20312 | 5,095 | 5,094 |
New York City Industrial Dev. Agcy., Civic Fac. Ref. and Improvement Rev. Bonds (2005 American Civil Liberties Union Foundation, Inc. Project), Series 2005, JPMorgan Chase LOC, 0.39% 20352 | 1,000 | 1,000 |
New York City Transitional Fin. Auth., Future Tax Secured Rev. Ref. Bonds, Series 2015-E-3, 0.39% 20452 | 1,000 | 1,000 |
American Funds Tax-Exempt Fund of New York — Page 6 of 7
Short-term securities | Principal amount (000) |
Value (000) |
New York City Transitional Fin. Auth., Future Tax Secured Rev. Ref. Bonds, Series 2016-E-4, 0.39% 20452 | $400 | $400 |
New York City Transitional Fin. Auth., Future Tax Secured Tax-Exempt Bonds, Fiscal 2016 Series D, 1.50% 11/1/2016 |
1,000 | 1,003 |
Total short-term securities (cost: $8,497,000) | 8,497 | |
Total investment securities 100.98% (cost: $197,383,000) | 210,949 | |
Other assets less liabilities (0.98%) | (2,050) | |
Net assets 100.00% | $208,899 |
1 | Acquired in a transaction exempt from registration under Rule 144A of the Securities Act of 1933. May be resold in the U.S. in transactions exempt from registration, normally to qualified institutional buyers. The total value of all such securities was $4,171,000, which represented 2.00% of the net assets of the fund. |
2 | Coupon rate may change periodically. For short-term securities, the date of the next scheduled coupon rate change is considered to be the maturity date. |
Key to abbreviations | |
Agcy. = Agency | Fin. = Finance |
AMT = Alternative Minimum Tax | Fncg. = Financing |
Auth. = Authority | G.O. = General Obligation |
Certs. of Part. = Certificates of Participation | LOC = Letter of Credit |
Dept. = Department | Preref. = Prerefunded |
Dev. = Development | Redev. = Redevelopment |
Dist. = District | Ref. = Refunding |
Econ. = Economic | Rev. = Revenue |
Fac. = Facility | TECP = Tax-Exempt Commercial Paper |
Facs. = Facilities |
Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value.
Investors should carefully consider investment objectives, risks, charges and expenses. This and other important information is contained in the fund prospectus and summary prospectus, which can be obtained from your financial professional and should be read carefully before investing. You may also call American Funds Service Company (AFS) at (800) 421-4225 or visit the American Funds website at americanfunds.com.
MFGEFPX-041-0916O-S56901 | American Funds Tax-Exempt Fund of New York — Page 7 of 7 |
Report of Independent Registered Public Accounting Firm
To the Board of Trustees and Shareholders of American Funds Short-Term Tax-Exempt Bond Fund, Limited Term Tax-Exempt Bond Fund of America, The Tax-Exempt Bond Fund of America, American High-Income Municipal Bond Fund, The Tax-Exempt Fund of California and American Funds Tax-Exempt Fund of New York
In our opinion, the accompanying statements of assets and liabilities, including the summary investment portfolios, and the related statements of operations and of changes in net assets and the financial highlights (included in Item 1 of this Form N-CSR) and the investment portfolios (included in Item 6 of this Form N-CSR) present fairly, in all material respects, the financial position of American Funds Short-Term Tax-Exempt Bond Fund, Limited Term Tax-Exempt Bond Fund of America, The Tax-Exempt Bond Fund of America, American High-Income Municipal Bond Fund, The Tax-Exempt Fund of California and American Funds Tax-Exempt Fund of New York (the “Funds”) at July 31, 2016, the results of each of their operations for the year then ended, the changes in each of their net assets and the financial highlights for each of the periods presented (other than as noted below for The Tax-Exempt Fund of California), in conformity with accounting principles generally accepted in the United States of America. These financial statements, financial highlights, and investment portfolios (hereafter referred to as "financial statements") are the responsibility of the Funds’ management. Our responsibility is to express an opinion on these financial statements based on our audits. We conducted our audits of these financial statements in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, and evaluating the overall financial statement presentation. We believe that our audits, which included confirmation of securities at July 31, 2016 by correspondence with the custodians and brokers, provide a reasonable basis for our opinion. The financial highlights of The Tax-Exempt Fund of California for each of the periods ended on or before July 31, 2013, were audited by another independent registered public accounting firm whose report dated September 9, 2013, expressed an unqualified opinion on those financial highlights.
PricewaterhouseCoopers LLP
Los Angeles, California
September 12, 2016
American Funds Short-Term Tax-Exempt Bond Fund
Summary investment portfolio July 31, 2016
Bonds, notes & other debt instruments 93.07% | Principal amount (000) |
Value (000) |
||||||
Alabama 2.39% | ||||||||
Black Belt Energy Gas Dist., Gas Supply Rev. Bonds, Series 2016-A, 4.00% 2046 (put 2021) | $ | 9,500 | $ | 10,647 | ||||
Other securities | 7,996 | |||||||
18,643 | ||||||||
California 9.29% | ||||||||
Bay Area Toll Auth., San Francisco Bay Area Toll Bridge Rev. Ref. Bonds, Series 2006-C-1, 1.34% 2045 (put 2023)1 | 6,600 | 6,596 | ||||||
Bay Area Toll Auth., San Francisco Bay Area Toll Bridge Rev. Ref. Bonds, Series 2007-E-3, 1.14% 2047 (put 2019)1 | 3,000 | 3,000 | ||||||
Bay Area Toll Auth., San Francisco Bay Area Toll Bridge Rev. Ref. Bonds, Series 2014-G, 1.04% 2034 (put 2020)1 | 2,000 | 1,992 | ||||||
G.O. Bonds, Series 2012-A, 0.89% 2033 (put 2018)1 | 1,500 | 1,495 | ||||||
Various Purpose G.O. Bonds, 3.00% 2016 | 5,000 | 5,001 | ||||||
Various Purpose G.O. Bonds, 4.00% 2030 (put 2021) | 500 | 570 | ||||||
Various Purpose G.O. Ref. Bonds, 5.00% 2018 | 3,000 | 3,224 | ||||||
Infrastructure and Econ. Dev. Bank, Rev. Ref. Bonds (J. Paul Getty Trust), Series 2013-A-2, 0.846% 2047 (put 2019)1 | 3,500 | 3,502 | ||||||
Other securities | 47,206 | |||||||
72,586 | ||||||||
Connecticut 1.60% | ||||||||
Housing Fin. Auth., Housing Mortgage Fin. Program Bonds, Series 2014-C-1, 4.00% 2044 | 895 | 979 | ||||||
Housing Fin. Auth., Housing Mortgage Fin. Program Rev. Ref. Bonds, 4.00% 2044 | 1,480 | 1,566 | ||||||
Housing Fin. Auth., Housing Mortgage Fin. Program Rev. Ref. Bonds, Series 2012-F-2, AMT, 2.75% 2035 | 670 | 677 | ||||||
Housing Fin. Auth., Housing Mortgage Fin. Program Rev. Ref. Bonds, Series 2015-A, 3.50% 2044 | 3,445 | 3,679 | ||||||
Housing Fin. Auth., Housing Mortgage Fin. Program Rev. Ref. Bonds, Series 2015-C-1, 3.50% 2045 | 1,985 | 2,132 | ||||||
Housing Fin. Auth., Housing Mortgage Fin. Program Rev. Ref. Bonds, Series 2016-A-1, 4.00% 2045 | 1,400 | 1,532 | ||||||
Other securities | 1,898 | |||||||
12,463 | ||||||||
Florida 4.39% | ||||||||
Citizens Property Insurance Corp., Personal Lines Account/Commercial Lines Account Secured Bonds, Series 2012-A-1, 5.00% 2017 | 1,000 | 1,037 | ||||||
Citizens Property Insurance Corp., Personal Lines Account/Commercial Lines Account Secured Bonds, Series 2012-A-1, 5.00% 2019 | 7,450 | 8,315 | ||||||
City of Lakeland, Energy System Rev. Ref. Bonds, Series 2012, 1.19% 20171 | 3,800 | 3,802 | ||||||
Other securities | 21,113 | |||||||
34,267 | ||||||||
Georgia 3.16% | ||||||||
Dev. Auth. Of Floyd County, Pollution Control Rev. Bonds (Georgia Power Company Plant Hammond Project), 2.35% 2022 (put 2020) | 4,000 | 4,177 | ||||||
Metropolitan Atlanta Rapid Transit Auth., Sales Tax Rev. Ref. Bonds (Third Indenture Series), Series 2014-A, 0.74% 2025 (put 2017)1 | 5,250 | 5,250 | ||||||
Metropolitan Atlanta Rapid Transit Auth., Sales Tax Rev. Ref. Bonds, Series 2014-B, 0.72% 2025 (put 2017)1 | 3,500 | 3,497 | ||||||
Other securities | 11,760 | |||||||
24,684 | ||||||||
Illinois 7.29% | ||||||||
Build Bonds (Sales Tax Rev. Bonds), Series June 2013, 5.00% 2020 | 3,500 | 4,023 | ||||||
City of Chicago, Water Rev. Bonds, Series 2004, 5.00% 2023 | 2,750 | 3,279 | ||||||
Educational Facs. Auth., Rev. Bonds (University of Chicago), Series 1998-B, 1.65% 2025 (put 2019) | 10,390 | 10,563 | ||||||
Educational Facs. Auth., Rev. Bonds (University of Chicago), Series 2001-B-1, 1.10% 2036 (put 2018) | 1,250 | 1,256 |
American Funds Tax-Exempt Funds | 17 |
American Funds Short-Term Tax-Exempt Bond Fund
Bonds, notes & other debt instruments (continued) | Principal amount (000) |
Value (000) |
||||||
Illinois (continued) | ||||||||
Housing Dev. Auth., Multifamily Housing Rev. Notes (Marshall Field Garden Apartment Homes), 1.44% 2050 (put 2025)1 | $ | 3,400 | $ | 3,383 | ||||
Unemployment Insurance Fund Building Receipts Rev. Bonds (Illinois Dept. of Employment Security), Series 2012-A, 5.00% 2016 | 4,000 | 4,070 | ||||||
Other securities | 30,386 | |||||||
56,960 | ||||||||
Indiana 1.71% | ||||||||
Dev. Fin. Auth., Solid Waste Disposal Rev. Bonds (Waste Management, Inc. Project), Series 2001, AMT, 1.75% 2031 (put 2018) | 500 | 507 | ||||||
Health and Educational Fac. Fncg. Auth., Rev. Bonds (Ascension Health Credit Group), Series 2005-A-5, 2.00% 2027 (put 2017) | 1,875 | 1,899 | ||||||
Other securities | 10,953 | |||||||
13,359 | ||||||||
Massachusetts 4.66% | ||||||||
Dev. Fin. Agcy., Rev. Bonds (Partners HealthCare System), Series 2014-M-3, 0.99% 2038 (put 2018)1 | 8,315 | 8,314 | ||||||
Educational Fncg. Auth., Education Loan Rev. Bonds, Series 2016-J, AMT, 5.00% 2024 | 3,000 | 3,582 | ||||||
Educational Fncg. Auth., Education Loan Rev. Bonds, Issue J, Series 2012, AMT, 5.00% 2018 | 1,000 | 1,070 | ||||||
Educational Fncg. Auth., Education Loan Rev. Bonds, Series 2014-I, AMT, 4.00% 2017 | 400 | 405 | ||||||
Educational Fncg. Auth., Education Loan Rev. Bonds, Series 2014-I, AMT, 4.00% 2018 | 500 | 519 | ||||||
Educational Fncg. Auth., Education Loan Rev. Bonds, Series 2014-I, AMT, 5.00% 2021 | 3,000 | 3,379 | ||||||
Housing Fin. Agcy., Single Family Housing Rev. Bonds, Series 167, 4.00% 2043 | 845 | 894 | ||||||
Housing Fin. Agcy., Single Family Housing Rev. Bonds, Series 169, 4.00% 2044 | 900 | 976 | ||||||
Housing Fin. Agcy., Single Family Housing Rev. Bonds, Series 172, 4.00% 2045 | 1,480 | 1,595 | ||||||
Housing Fin. Agcy., Single Family Housing Rev. Bonds, Series 181, 4.00% 2044 | 1,000 | 1,094 | ||||||
Housing Fin. Agcy., Single Family Housing Rev. Ref. Bonds, Series 160, AMT, 3.75% 2034 | 460 | 476 | ||||||
Housing Fin. Agcy., Single Family Housing Rev. Ref. Bonds, Series 162, 2.75% 2041 | 510 | 521 | ||||||
Housing Fin. Agcy., Single Family Housing Rev. Ref. Bonds, Series 165, 2.65% 2041 | 1,640 | 1,679 | ||||||
Housing Fin. Agcy., Single Family Housing Rev. Ref. Bonds, Series 171, 4.00% 2044 | 915 | 1,002 | ||||||
Housing Fin. Agcy., Single Family Housing Rev. Ref. Bonds, Series 177, AMT, 4.00% 2039 | 3,415 | 3,706 | ||||||
Other securities | 7,207 | |||||||
36,419 | ||||||||
Michigan 3.17% | ||||||||
State Hospital Fin. Auth., Project Rev. Ref. Bonds (Ascension Health Credit Group), Series 2010-F3, 1.40% 2047 (put 2018) | 1,500 | 1,514 | ||||||
Other securities | 23,227 | |||||||
24,741 | ||||||||
Minnesota 1.63% | ||||||||
Housing Fin. Agcy., Homeownership Fin. Bonds (Mortgage-Backed Securities Program), Series 2011-G, 4.25% 2035 | 620 | 649 | ||||||
Housing Fin. Agcy., Residential Housing Fin. Bonds, Series 2012-D, 4.00% 2040 | 855 | 893 | ||||||
Housing Fin. Agcy., Residential Housing Fin. Bonds, Series 2013-A, AMT, 3.00% 2031 | 695 | 714 | ||||||
Housing Fin. Agcy., Residential Housing Fin. Bonds, Series 2014-A, 4.00% 2038 | 1,225 | 1,339 | ||||||
Housing Fin. Agcy., Residential Housing Fin. Bonds, Series 2014-C, AMT, 4.00% 2045 | 4,695 | 5,051 | ||||||
Housing Fin. Agcy., Residential Housing Fin. Bonds, Series 2015-A, AMT, 4.00% 2041 | 930 | 1,010 | ||||||
Housing Fin. Agcy., Residential Housing Fin. Bonds, Series 2015-E, AMT, 3.50% 2046 | 950 | 1,013 | ||||||
Other securities | 2,054 | |||||||
12,723 | ||||||||
Nebraska 1.65% | ||||||||
Central Plains Energy Project, Gas Supply Rev. Ref. Bonds, Series 2014, 5.00% 2039 (put 2019) | 4,200 | 4,746 | ||||||
Other securities | 8,158 | |||||||
12,904 |
18 | American Funds Tax-Exempt Funds |
American Funds Short-Term Tax-Exempt Bond Fund
Principal amount (000) |
Value (000) |
|||||||
Nevada 1.88% | ||||||||
Clark County, Pollution Control Rev. Ref. Bonds (Southern California Edison Company), Series 2010, 1.875% 2031 (put 2020) | $ | 5,500 | $ | 5,638 | ||||
Other securities | 9,083 | |||||||
14,721 | ||||||||
New Jersey 4.01% | ||||||||
Econ. Dev. Auth., School Facs. Construction Rev. Ref. Bonds, Series 2014-PP, 5.00% 2019 | 4,000 | 4,347 | ||||||
Higher Education Student Assistance Auth., Student Loan Rev. Bonds, Series 2012-1A, AMT, 4.00% 2017 | 3,500 | 3,631 | ||||||
Higher Education Student Assistance Auth., Student Loan Rev. Bonds, Series 2012-1A, AMT, 5.00% 2018 | 2,000 | 2,167 | ||||||
Higher Education Student Assistance Auth., Student Loan Rev. Bonds, Series 2016-1-A, AMT, 5.00% 2020 | 750 | 845 | ||||||
Higher Education Student Assistance Auth., Student Loan Rev. Bonds, Series 2016-1-A, AMT, 5.00% 2021 | 2,000 | 2,290 | ||||||
Higher Education Student Assistance Auth., Student Loan Rev. Ref. Bonds, Series 2014-1A1, AMT, 5.00% 2018 | 2,250 | 2,438 | ||||||
Turnpike Auth., Turnpike Rev. Ref. Bonds, Series 2013-D, 1.06% 2023 (put 2017)1 | 4,000 | 4,000 | ||||||
Other securities | 11,605 | |||||||
31,323 | ||||||||
New Mexico 0.97% | ||||||||
City of Farmington, Pollution Control Rev. Ref. Bonds (Southern California Edison Company Four Corners Project), 1.875% 2029 (put 2020) | 2,000 | 2,056 | ||||||
City of Farmington, Pollution Control Rev. Ref. Bonds (Southern California Edison Company Four Corners Project), Series 2005-B, 1.875% 2029 (put 2020) | 2,250 | 2,313 | ||||||
Other securities | 3,207 | |||||||
7,576 | ||||||||
New York 9.82% | ||||||||
Dormitory Auth., School Districts Rev. Bond Fncg. Program Rev. Bonds, Series 2016-A, 5.00% 2022 | 4,165 | 5,091 | ||||||
Metropolitan Transportation Auth., Transportation Rev. Bonds, Series 2011-D, 5.00% 2016 | 1,000 | 1,014 | ||||||
Metropolitan Transportation Auth., Transportation Rev. Bonds, Series 2014-A-1, 4.00% 2019 | 750 | 829 | ||||||
Metropolitan Transportation Auth., Transportation Rev. Bonds, Series 2014-C, 5.00% 2020 | 2,000 | 2,342 | ||||||
Metropolitan Transportation Auth., Transportation Rev. Bonds, Series 2015-A-2, 1.02% 2039 (put 2020)1 | 6,250 | 6,210 | ||||||
Mortgage Agcy., Homeowner Mortgage Rev. Bonds, Series 178, 3.50% 2043 | 1,765 | 1,821 | ||||||
Mortgage Agcy., Homeowner Mortgage Rev. Bonds, Series 191, 3.50% 2034 | 3,270 | 3,430 | ||||||
Mortgage Agcy., Homeowner Mortgage Rev. Bonds, Series 195, 4.00% 2046 | 3,000 | 3,298 | ||||||
Mortgage Agcy., Homeowner Mortgage Rev. Bonds, Series 197, 3.50% 2044 | 1,000 | 1,088 | ||||||
Mortgage Agcy., Homeowner Mortgage Rev. Bonds, Series 52, AMT, 3.50% 2030 | 1,000 | 1,069 | ||||||
City of New York, G.O. Bonds, Fiscal 2004, Series 2014-A-6, 0.94% 20311 | 2,500 | 2,496 | ||||||
City of New York, G.O. Bonds, Series 2008-J-4, 0.99% 20251 | 6,000 | 6,000 | ||||||
City of New York, G.O. Bonds, Series 2011-I-1, 5.00% 2017 | 1,000 | 1,045 | ||||||
City of New York, G.O. Bonds, Series 2012-I, 5.00% 2018 | 1,000 | 1,088 | ||||||
City of New York, G.O. Bonds, Series 2014-A, 5.00% 2020 | 1,500 | 1,745 | ||||||
Thruway Auth., General Rev. Junior Indebtedness Obligations, Series 2013-A, 5.00% 2019 | 4,700 | 5,254 | ||||||
Other securities | 32,919 | |||||||
76,739 | ||||||||
Ohio 2.06% | ||||||||
Solid Waste Disposal Rev. Bonds (Waste Management Inc. Project), Series 2002, AMT, 1.70% 2022 (put 2018) | 2,500 | 2,534 | ||||||
Other securities | 13,543 | |||||||
16,077 |
American Funds Tax-Exempt Funds | 19 |
American Funds Short-Term Tax-Exempt Bond Fund
Bonds, notes & other debt instruments (continued) | Principal amount (000) |
Value (000) |
||||||
Oregon 1.31% | ||||||||
G.O. Bonds (Veterans’ Welfare Bonds Series 94), Series 2014-H, 4.00% 2044 | $ | 3,050 | $ | 3,350 | ||||
Other securities | 6,898 | |||||||
10,248 | ||||||||
Pennsylvania 2.82% | ||||||||
Econ. Dev. Fncg. Auth., Unemployment Compensation Rev. Bonds, Series 2012-B, 5.00% 2021 | 4,000 | 4,248 | ||||||
Turnpike Commission, Turnpike Rev. Bonds, Series 2016, 5.00% 2021 | 3,500 | 4,103 | ||||||
Other securities | 13,715 | |||||||
22,066 | ||||||||
Rhode Island 1.13% | ||||||||
Housing and Mortgage Fin. Corp., Homeownership Opportunity Bonds, Series 66-A-1, 4.00% 2033 | 3,275 | 3,517 | ||||||
Other securities | 5,305 | |||||||
8,822 | ||||||||
South Carolina 0.66% | ||||||||
Public Service Auth., Rev. Obligations (Santee Cooper), Series 2012-A, 4.00% 2020 | 2,945 | 3,325 | ||||||
Other securities | 1,803 | |||||||
5,128 | ||||||||
Tennessee 1.73% | ||||||||
Housing Dev. Agcy., Homeownership Program Bonds, Issue 2012-1-C, 4.50% 2037 | 875 | 940 | ||||||
Housing Dev. Agcy., Homeownership Program Bonds, Issue 2012-2-C, 4.00% 2038 | 635 | 678 | ||||||
Housing Dev. Agcy., Homeownership Program Rev. Ref. Bonds, Issue 2011-1-A, AMT, 4.50% 2031 | 1,525 | 1,637 | ||||||
Housing Dev. Agcy., Homeownership Program Rev. Ref. Bonds, Issue 2012-1-A, AMT, 4.50% 2038 | 740 | 789 | ||||||
Housing Dev. Agcy., Residential Fin. Program Bonds, 4.00% 2046 | 480 | 526 | ||||||
Housing Dev. Agcy., Residential Fin. Program Bonds, Issue 2013-1-C, 3.00% 2038 | 1,365 | 1,427 | ||||||
Housing Dev. Agcy., Residential Fin. Program Bonds, Series 2013-2-A, AMT, 4.00% 2043 | 745 | 801 | ||||||
Housing Dev. Agcy., Residential Fin. Program Bonds, Series 2014-1-A, AMT, 4.00% 2039 | 1,755 | 1,901 | ||||||
Housing Dev. Agcy., Residential Fin. Program Bonds, Series 2014-2-A, AMT, 4.00% 2045 | 1,470 | 1,589 | ||||||
Housing Dev. Agcy., Residential Fin. Program Bonds, Series 2014-2-C, 4.00% 2045 | 1,115 | 1,204 | ||||||
Housing Dev. Agcy., Residential Fin. Program Bonds, Series 2016-1-B, 3.50% 2047 | 960 | 1,040 | ||||||
Other securities | 999 | |||||||
13,531 | ||||||||
Texas 7.37% | ||||||||
Grand Parkway Transportation Corp., Grand Parkway System Toll Rev. Ref. Bond Anticipation Notes, Series 2014-A, 3.00% 2016 | 8,150 | 8,230 | ||||||
Mission Econ. Dev. Corp., Solid Waste Disposal Rev. Bonds (Waste Management, Inc. Project), Series 2008, AMT, 2.50% 2020 (put 2013) | 2,000 | 2,073 | ||||||
City of San Antonio, Electric and Gas Systems Rev. Ref. Bonds, 5.00% 2018 | 2,000 | 2,133 | ||||||
City of San Antonio, Electric and Gas Systems Rev. Ref. Bonds, Series 2012-C, 2.00% 2027 (put 2016) | 1,160 | 1,165 | ||||||
City of San Antonio, Electric and Gas Systems Rev. Ref. Bonds, Series 2015-B, 0.82% 2033 (put 2018)1 | 6,000 | 5,980 | ||||||
Transportation Commission, G.O. Mobility Fund Bonds, Series 2014-B, 0.82% 2041 (put 2018) 1 | 6,500 | 6,460 | ||||||
Other securities | 31,509 | |||||||
57,550 | ||||||||
Virginia 0.87% | ||||||||
Commonwealth Transportation Board, Federal Transportation Grant Anticipation Rev. Notes, Series 2013-A, 5.00% 2020 | 3,000 | 3,454 | ||||||
Other securities | 3,354 | |||||||
6,808 |
20 | American Funds Tax-Exempt Funds |
American Funds Short-Term Tax-Exempt Bond Fund
Principal amount (000) |
Value (000) |
|||||||
Washington 3.41% | ||||||||
Econ. Dev. Fin. Auth., Solid Waste Disposal Rev. Bonds (Waste Management, Inc. Project), Series 2008, 2.125% 20202 | $ | 2,500 | $ | 2,571 | ||||
Energy Northwest, Electric Rev. Ref. Bonds (Project No. 1), Series 2012-A, 5.00% 2017 | 5,000 | 5,209 | ||||||
Other securities | 18,821 | |||||||
26,601 | ||||||||
Wisconsin 2.67% | ||||||||
Health and Educational Facs. Auth., Rev. Bonds (Ascension Health Alliance Senior Credit Group), Series 2013-B-2, 4.00% 2043 (put 2019) | 1,000 | 1,087 | ||||||
Health and Educational Facs. Auth., Rev. Bonds (Ascension Health Alliance Senior Credit Group), Series 2013-B-3, 5.00% 2043 (put 2020) | 4,500 | 5,178 | ||||||
Housing and Econ. Dev. Auth., Home Ownership Rev. Bonds, Series 2016-A, AMT, 3.50% 2046 | 4,000 | 4,260 | ||||||
Public Fin. Auth., Solid Waste Disposal Rev. Ref. Bonds (Waste Management, Inc. Project), Series 2016-A-4, AMT, 2.00% 2033 (put 2021) | 1,500 | 1,536 | ||||||
Other securities | 8,778 | |||||||
20,839 | ||||||||
Other states & U.S. territories 11.42% | ||||||||
Other securities | 89,172 | |||||||
Total bonds, notes & other debt instruments (cost: $717,940,000) | 726,950 | |||||||
Short-term securities 6.39% | ||||||||
State of California, Educational Facs. Auth., Higher Education Commercial Paper, Series 2016-S-4, 0.44% 10/5/2016 | 5,000 | 5,000 | ||||||
State of Maryland, Montgomery County, Consolidated Public Improvement Bond Anticipation Notes, Series 2006-A, 0.39% 20261 | 3,500 | 3,500 | ||||||
State of Maryland, Montgomery County, Consolidated Public Improvement Bond Anticipation Notes, Series 2009-B, 0.45% 8/9/2016 | 2,000 | 2,000 | ||||||
State of Massachusetts, Health and Educational Facs. Auth., Higher Education Commercial Paper, Series 2016-EE, 0.43% 9/6/2016 | 4,811 | 4,811 | ||||||
State of Massachusetts, School Building Auth., Dedicated Sales Tax Rev. Ref. Bonds, Series 2015-C, 5.00% 8/15/2016 | 4,000 | 4,008 | ||||||
State of New York, Metropolitan Transportation Auth., Transportation Rev. Bond Anticipation Notes, Series 2015-B-1-G, 1.00% 8/1/2016 | 12,000 | 12,001 | ||||||
State of New York, Metropolitan Transportation Auth., Transportation Rev. Bond Anticipation Notes, Series 2016-A-1-F 2.00% 10/1/2016 | 1,000 | 1,003 | ||||||
State of New York, City of New York, G.O. Bonds, Series 1994-E-2, 0.39% 20201 | 3,000 | 3,000 | ||||||
State of New York, New York City Transitional Fin. Auth., Future Tax Secured Rev. Ref. Bonds, Series 2016-E-4, 0.39% 20451 | 2,000 | 2,000 | ||||||
State of New York, New York City, Transitional Fin. Auth., New York City Recovery Bonds, Fiscal Series 2003-1, Subseries 1-C, 0.39% 20221 | 3,585 | 3,585 | ||||||
State of Virginia, Industrial Dev. Auth. of Loudoun County, Virginia, Multi-Modal Rev. Bonds (Howard Hughes Medical Institute Issue), Series 2003-E, 0.44% 20381 | 5,000 | 5,000 | ||||||
Other securities | 4,006 | |||||||
Total short-term securities (cost: $49,911,000) | 49,914 | |||||||
Total investment securities 99.46% (cost: $767,851,000) | 776,864 | |||||||
Other assets less liabilities 0.54% | 4,249 | |||||||
Net assets 100.00% | $ | 781,113 |
American Funds Tax-Exempt Funds | 21 |
American Funds Short-Term Tax-Exempt Bond Fund
This summary investment portfolio is designed to streamline the report and help investors better focus on the fund’s principal holdings. See the inside back cover for details on how to obtain a complete schedule of portfolio holdings.
“Other securities” includes all issues that are not disclosed separately in the summary investment portfolio.
1 | Coupon rate may change periodically. For short-term securities, the date of the next scheduled coupon rate change is considered to be the maturity date. |
2 | Acquired in a transaction exempt from registration under Rule 144A of the Securities Act of 1933. May be resold in the U.S. in transactions exempt from registration, normally to qualified institutional buyers. The total value of all such securities was $2,571,000, which represented .33% of the net assets of the fund. |
Key to abbreviations
Agcy. = Agency
AMT = Alternative Minimum Tax
Auth. = Authority
Certs. of Part. = Certificates of Participation
Dept. = Department
Dev. = Development
Dist. = District
Econ. = Economic
Fac. = Facility
Facs. = Facilities
Fin. = Finance
Fncg. = Financing
G.O. = General Obligation
LOC = Letter of Credit
Preref. = Prerefunded
Redev. = Redevelopment
Ref. = Refunding
Rev. = Revenue
TECP = Tax-Exempt Commercial Paper
See Notes to Financial Statements
22 | American Funds Tax-Exempt Funds |
Limited Term Tax-Exempt Bond Fund of America
Summary investment portfolio July 31, 2016
Bonds, notes & other debt instruments 91.34% | Principal amount (000) |
Value (000) |
||||||
Alabama 1.30% | ||||||||
Black Belt Energy Gas Dist., Gas Supply Rev. Bonds, Series 2016-A, 4.00% 2046 (put 2021) | $ | 18,500 | $ | 20,732 | ||||
Other securities | 28,178 | |||||||
48,910 | ||||||||
California 11.53% | ||||||||
Bay Area Toll Auth., San Francisco Bay Area Toll Bridge Rev. Ref. Bonds, Series 2006-C-1, 1.34% 2045 (put 2023)1 | 20,500 | 20,488 | ||||||
Bay Area Toll Auth., San Francisco Bay Area Toll Bridge Rev. Ref. Bonds, Series 2007-C-1, 1.34% 2047 (put 2023)1 | 3,500 | 3,498 | ||||||
Bay Area Toll Auth., San Francisco Bay Area Toll Bridge Rev. Ref. Bonds, Series 2007-E-3, 1.14% 2047 (put 2019)1 | 1,000 | 1,000 | ||||||
Bay Area Toll Auth., San Francisco Bay Area Toll Bridge Rev. Ref. Bonds, Series 2008-B-1, 1.54% 2045 (put 2024)1 | 2,500 | 2,526 | ||||||
Bay Area Toll Auth., San Francisco Bay Area Toll Bridge Rev. Ref. Bonds, Series 2014-G, 1.04% 2034 (put 2020)1 | 2,500 | 2,490 | ||||||
Bay Area Toll Auth., San Francisco Bay Area Toll Bridge Rev. Ref. Bonds, Series 2014-H, 1.14% 2034 (put 2021)1 | 10,480 | 10,432 | ||||||
Econ. Recovery Bonds, Ref. Series 2009-A, 5.00% 2020 | 9,000 | 10,147 | ||||||
G.O. Bonds, Series 2012-A, 0.89% 2033 (put 2018)1 | 5,000 | 4,984 | ||||||
G.O. Bonds, Series 2013-C, 0.99% 2028 (put 2016)1 | 5,000 | 5,000 | ||||||
Various Purpose G.O. Bonds, 3.00% 2016 | 18,000 | 18,003 | ||||||
Various Purpose G.O. Bonds, 4.00% 2030 (put 2021) | 500 | 570 | ||||||
Various Purpose G.O. Bonds, 5.00% 2026 | 3,000 | 3,866 | ||||||
Various Purpose G.O. Ref. Bonds, 5.00% 2021 | 5,000 | 6,013 | ||||||
Various Purpose G.O. Ref. Bonds, 5.00% 2023 | 6,500 | 8,006 | ||||||
Port of Oakland, Rev. Ref. Bonds, Series 2012-P, AMT, 5.00% 2021 | 7,750 | 9,119 | ||||||
Other securities | 326,332 | |||||||
432,474 | ||||||||
Connecticut 1.04% | ||||||||
Special Tax Obligation Ref. Bonds, Transportation Infrastructure Purposes, Series 2009-1, 5.00% 2019 | 8,550 | 9,465 | ||||||
Other securities | 29,422 | |||||||
38,887 | ||||||||
District of Columbia 1.05% | ||||||||
University Rev. Bonds (Georgetown University Issue), Series 2001-B, 4.70% 2031, (put 2018) | 8,500 | 9,020 | ||||||
Other securities | 30,455 | |||||||
39,475 | ||||||||
Florida 7.70% | ||||||||
Citizens Property Insurance Corp., High-Risk Account Secured Bonds, Series 2009-A-1, 5.50% 2017 | 10,035 | 10,448 | ||||||
Citizens Property Insurance Corp., Personal Lines Account/Commercial Lines Account Secured Bonds, Series 2012-A-1, 5.00% 2022 | 10,200 | 12,324 | ||||||
Miami-Dade County, Aviation Rev. Ref. Bonds, Series 2012-A, AMT, 5.00% 2021 | 11,600 | 13,697 | ||||||
Putnam County Dev. Auth., Pollution Control Rev. Ref. Bonds (Seminole Electric Cooperative, Inc. Project), Series 2007-B, AMBAC insured, 5.35% 2042 (put 2018) | 10,370 | 11,142 | ||||||
Other securities | 240,953 | |||||||
288,564 | ||||||||
Georgia 2.45% | ||||||||
DeKalb County, Hospital Auth., Rev. Ref. Anticipation Certificates (DeKalb Medical Center, Inc. Project), Series 2010, 5.25% 2020 | 8,750 | 9,491 | ||||||
Municipal Electric Auth., Project 1, Series 2008-D, 5.75% 2019 (preref. 2018) | 11,840 | 13,014 | ||||||
Public Gas Partners, Inc., Gas Project Rev. Ref. Bonds (Gas Supply Pool No. 1), Series A, 5.00% 2018 | 10,930 | 11,934 | ||||||
Other securities | 57,561 | |||||||
92,000 |
American Funds Tax-Exempt Funds | 23 |
Limited Term Tax-Exempt Bond Fund of America
Bonds, notes & other debt instruments (continued) | Principal amount (000) |
Value (000) |
||||||
Hawaii 0.62% | ||||||||
Airports System Rev. Bonds, Series 2010-B, AMT, 5.00% 2018 | $ | 9,900 | $ | 10,695 | ||||
Other securities | 12,475 | |||||||
23,170 | ||||||||
Illinois 8.27% | ||||||||
City of Chicago, O’Hare International Airport, General Airport Rev. Bonds, Series 2011-B, 5.00% 2017 | 1,500 | 1,528 | ||||||
City of Chicago, O’Hare International Airport, General Airport Rev. Bonds, Series 2011-B, 5.00% 2019 | 2,785 | 3,064 | ||||||
City of Chicago, O’Hare International Airport, General Airport Rev. Bonds, Series 2012-B, AMT, 5.00% 2024 | 2,000 | 2,346 | ||||||
City of Chicago, O’Hare International Airport, General Airport Rev. Bonds, Series 2013-A, AMT, 5.00% 2022 | 3,055 | 3,608 | ||||||
City of Chicago, O’Hare International Airport, General Airport Rev. Ref. Bonds, Series 2008-A, Assured Guaranty Municipal insured, 5.00% 2019 | 2,000 | 2,121 | ||||||
City of Chicago, O’Hare International Airport, General Airport Rev. Ref. Bonds, Series 2012-A, AMT, 5.00% 2025 | 6,170 | 7,199 | ||||||
City of Chicago, O’Hare International Airport, General Airport Rev. Ref. Bonds, Series 2013-A, AMT, 5.00% 2021 | 10,000 | 11,576 | ||||||
City of Chicago, O’Hare International Airport, General Airport Rev. Ref. Bonds, Series 2013-A, AMT, 5.00% 2023 | 5,000 | 5,990 | ||||||
City of Chicago, O’Hare International Airport, General Airport Rev. Ref. Bonds, Series 2015-B, 5.00% 2023 | 1,500 | 1,828 | ||||||
City of Chicago, O’Hare International Airport, Passenger Fac. Charge Rev. Ref. Bonds, Series 2012-B, AMT, 5.00% 2018 | 2,000 | 2,115 | ||||||
City of Chicago, O’Hare International Airport, Passenger Fac. Charge Rev. Ref. Bonds, Series 2012-B, AMT, 5.00% 2019 | 2,000 | 2,194 | ||||||
City of Chicago, O’Hare International Airport, Passenger Fac. Charge Rev. Ref. Bonds, Series 2013-B, AMT, 5.00% 2022 | 3,000 | 3,543 | ||||||
City of Chicago, Water Rev. Bonds, Series 2000, 5.00% 2022 | 10,500 | 12,341 | ||||||
Housing Dev. Auth., Multifamily Housing Rev. Notes (Marshall Field Garden Apartment Homes), 1.44% 2050 (put 2025)1 | 10,500 | 10,449 | ||||||
Railsplitter Tobacco Settlement Auth., Tobacco Settlement Rev. Bonds, Series 2010, 5.50% 2023 | 12,925 | 15,238 | ||||||
Other securities | 224,844 | |||||||
309,984 | ||||||||
Indiana 2.91% | ||||||||
Fin. Auth., Private Activity Bonds (Ohio River Bridges East End Crossing Project), Series 2013-B, AMT, 5.00% 2019 | 10,440 | 10,623 | ||||||
Indianapolis Airport Auth., Special Fac. Rev. Ref. Bonds (Federal Express Corp. Project), Series 2004, AMT, 5.10% 2017 (escrowed to maturity) | 20,545 | 20,962 | ||||||
Other securities | 77,510 | |||||||
109,095 | ||||||||
Maryland 0.97% | ||||||||
Transportation Auth., Airport Parking Rev. Ref. Bonds (Baltimore/Washington International Thurgood Marshall Airport Projects), Series 2012-B, AMT, 5.00% 2020 | 8,150 | 9,275 | ||||||
Other securities | 26,955 | |||||||
36,230 | ||||||||
Michigan 4.55% | ||||||||
Wayne County, Airport Auth., Airport Rev. Bonds (Detroit Metropolitan Wayne County Airport), Series 2007, AMT, FGIC-National insured, 5.00% 2018 | 1,000 | 1,055 | ||||||
Wayne County, Airport Auth., Airport Rev. Bonds (Detroit Metropolitan Wayne County Airport), Series 2007, AMT, National insured, 5.00% 2017 | 1,000 | 1,052 | ||||||
Wayne County, Airport Auth., Airport Rev. Ref. Bonds (Detroit Metropolitan Wayne County Airport), Series 2008-A, AMT, Assured Guaranty insured, 5.25% 2018 | 890 | 933 | ||||||
Wayne County, Airport Auth., Airport Rev. Ref. Bonds (Detroit Metropolitan Wayne County Airport), Series 2010-A, AMT, 5.00% 2017 | 1,615 | 1,696 | ||||||
Wayne County, Airport Auth., Airport Rev. Ref. Bonds (Detroit Metropolitan Wayne County Airport), Series 2010-A, AMT, 5.00% 2018 | 3,590 | 3,899 | ||||||
Wayne County, Airport Auth., Airport Rev. Ref. Bonds (Detroit Metropolitan Wayne County Airport), Series 2011-A, AMT, 5.00% 2019 | 1,000 | 1,122 |
24 | American Funds Tax-Exempt Funds |
Limited Term Tax-Exempt Bond Fund of America
Principal amount (000) |
Value (000) |
|||||||
Wayne County, Airport Auth., Airport Rev. Ref. Bonds (Detroit Metropolitan Wayne County Airport), Series 2011-A, AMT, 5.00% 2020 | $ | 10,000 | $ | 11,484 | ||||
Wayne County, Airport Auth., Airport Rev. Ref. Bonds (Detroit Metropolitan Wayne County Airport), Series 2011-A, AMT, 5.00% 2021 | 8,240 | 9,632 | ||||||
Wayne County, Airport Auth., Airport Rev. Ref. Bonds (Detroit Metropolitan Wayne County Airport), Series 2011-B, 5.00% 2019 | 1,000 | 1,131 | ||||||
Wayne County, Airport Auth., Airport Rev. Ref. Bonds (Detroit Metropolitan Wayne County Airport), Series 2012-D, AMT, 5.00% 2019 | 3,560 | 3,993 | ||||||
Wayne County, Airport Auth., Airport Rev. Ref. Bonds (Detroit Metropolitan Wayne County Airport), Series 2015-F, AMT, 5.00% 2025 | 1,500 | 1,846 | ||||||
Wayne County, Airport Auth., Airport Rev. Ref. Bonds (Detroit Metropolitan Wayne County Airport), Series 2015-F, AMT, 5.00% 2026 | 1,000 | 1,224 | ||||||
Other securities | 131,584 | |||||||
170,651 | ||||||||
Nebraska 0.86% | ||||||||
Central Plains Energy Project, Gas Supply Rev. Ref. Bonds, Series 2014, 5.00% 2039 (put 2019) | 8,800 | 9,944 | ||||||
Investment Fin. Auth., Single Family Housing Rev. Bonds, Series 2015-C, 3.50% 2045 | 8,670 | 9,260 | ||||||
Other securities | 12,918 | |||||||
32,122 | ||||||||
Nevada 2.31% | ||||||||
Clark County, Highway Rev. (Motor Vehicle Fuel Tax) Ref. Bonds, Series 2011, 5.00% 2020 | 12,320 | 14,288 | ||||||
Clark County, Pollution Control Rev. Ref. Bonds (Southern California Edison Company), Series 2010, 1.875% 2031 (put 2020) | 15,150 | 15,530 | ||||||
Other securities | 56,777 | |||||||
86,595 | ||||||||
New Jersey 2.70% | ||||||||
Turnpike Auth., Turnpike Rev. Ref. Bonds, Series 2013-D, 1.12% 2024 (put 2018)1 | 11,500 | 11,522 | ||||||
Other securities | 89,566 | |||||||
101,088 | ||||||||
New York 9.44% | ||||||||
Metropolitan Transportation Auth., Transportation Rev. Bonds, Series 2003-B, FGIC-National insured, 5.25% 2020 | 5,500 | 6,499 | ||||||
Metropolitan Transportation Auth., Transportation Rev. Bonds, Series 2008-B-2, 5.00% 2016 | 1,000 | 1,014 | ||||||
Metropolitan Transportation Auth., Transportation Rev. Bonds, Series 2008-C, 5.50% 2018 | 5,370 | 5,689 | ||||||
Metropolitan Transportation Auth., Transportation Rev. Bonds, Series 2012-E, 5.00% 2020 | 3,250 | 3,806 | ||||||
Metropolitan Transportation Auth., Transportation Rev. Bonds, Series 2014-A-1, 4.00% 2021 | 3,470 | 3,990 | ||||||
Metropolitan Transportation Auth., Transportation Rev. Bonds, Series 2014-C, 5.00% 2024 | 5,000 | 6,356 | ||||||
Metropolitan Transportation Auth., Transportation Rev. Bonds, Series 2015-A-1, 5.00% 2016 | 2,000 | 2,027 | ||||||
Metropolitan Transportation Auth., Transportation Rev. Bonds, Series 2015-A-1, 5.00% 2027 | 3,150 | 3,952 | ||||||
Metropolitan Transportation Auth., Transportation Rev. Bonds, Series 2015-A-2, 1.02% 2039 (put 2020)1 | 12,250 | 12,171 | ||||||
Metropolitan Transportation Auth., Transportation Rev. Ref. Bonds, Series 2002-G-1H, 1.163% 2026 (put 2016)1 | 2,650 | 2,650 | ||||||
Metropolitan Transportation Auth., Transportation Rev. Ref. Bonds, Series 2011-C, 5.00% 2018 | 1,105 | 1,215 | ||||||
Metropolitan Transportation Auth., Transportation Rev. Ref. Bonds, Series 2012-D, 5.00% 2020 | 7,000 | 8,198 | ||||||
Metropolitan Transportation Auth., Transportation Rev. Ref. Bonds, Series 2012-F, 5.00% 2021 | 1,000 | 1,201 | ||||||
Metropolitan Transportation Auth., Transportation Rev. Ref. Bonds, Series 2014-A-2, 5.00% 2028 | 3,000 | 3,706 | ||||||
Mortgage Agcy., Homeowner Mortgage Rev. Bonds, Series 197, 3.50% 2044 | 9,700 | 10,550 | ||||||
City of New York, G.O. Bonds, Fiscal 2014, Series 2013-G, 5.00% 2016 | 1,400 | 1,400 | ||||||
City of New York, G.O. Bonds, Series 2008-J-4, 0.99% 20251 | 8,825 | 8,825 | ||||||
City of New York, G.O. Bonds, Series 2011-I-1, 5.00% 2017 | 5,000 | 5,227 | ||||||
City of New York, G.O. Bonds, Series 2012-I, 5.00% 2020 | 5,000 | 5,818 | ||||||
City of New York, G.O. Bonds, Series 2013-D, 5.00% 2016 | 1,000 | 1,000 | ||||||
City of New York, G.O. Bonds, Series 2013-E, 5.25% 2022 | 5,000 | 6,180 | ||||||
City of New York, G.O. Bonds, Series 2014-A, 5.00% 2025 | 3,000 | 3,816 |
American Funds Tax-Exempt Funds | 25 |
Limited Term Tax-Exempt Bond Fund of America
Bonds, notes & other debt instruments (continued) | Principal amount (000) |
Value (000) |
||||||
New York (continued) | ||||||||
City of New York, G.O. Bonds, Series 2014-G, 5.00% 2023 | $ | 1,500 | $ | 1,870 | ||||
City of New York, G.O. Bonds, Series 2015-C, 5.00% 2028 | 1,000 | 1,260 | ||||||
City of New York, G.O. Bonds, Series 2016-E, 5.00% 2026 | 2,000 | 2,619 | ||||||
Thruway Auth., Local Highway and Bridge Service Contract Rev. Ref. Bonds, Series 2009, 5.00% 2017 | 10,000 | 10,308 | ||||||
Other securities | 232,802 | |||||||
354,149 | ||||||||
Texas 8.09% | ||||||||
Brazos River Harbor Navigation Dist. of Brazoria County, Environmental Facs. Rev. Ref. Bonds (Dow Chemical Co. Project), Series 2002-A-4, AMT, 5.95% 2033 | 9,000 | 9,859 | ||||||
Harris County Cultural Education Facs. Fin. Corp., Medical Facs. Rev. Ref. Bonds (Baylor College of Medicine), 1.127% 2045 (put 2020)1 | 13,000 | 13,066 | ||||||
Harris County, Toll Road Rev. Bonds, Series 2012-B, 1.14% 2021 (put 2018)1 | 13,500 | 13,491 | ||||||
City of Houston, Airport System Rev. Ref. Bonds, Series 2011-A, AMT, 5.00% 2019 | 10,000 | 11,152 | ||||||
Other securities | 255,699 | |||||||
303,267 | ||||||||
Washington 2.49% | ||||||||
Central Puget Sound Regional Transit Auth., Sales Tax Bonds, Series 2015-S-2A, 1.14% 2045 (put 2018)1 | 10,500 | 10,510 | ||||||
Other securities | 82,901 | |||||||
93,411 | ||||||||
Wisconsin 1.57% | ||||||||
Health and Educational Facs. Auth., Rev. Bonds (Ascension Health Alliance Senior Credit Group), Series 2013-B-3, 5.00% 2043 (put 2020) | 10,310 | 11,863 | ||||||
Health and Educational Facs. Auth., Rev. Ref. Bonds (Aurora Health Care, Inc.), Series 2012-A, 5.00% 2021 | 7,765 | 9,166 | ||||||
Other securities | 37,713 | |||||||
58,742 | ||||||||
Other states & U.S. territories 21.49% | ||||||||
Other securities | 806,486 | |||||||
Total bonds, notes & other debt instruments (cost: $3,281,897,000) | 3,425,300 | |||||||
Short-term securities 8.26% | ||||||||
State of California, Educational Facs. Auth., Higher Education Commercial Paper, Series 2016-S-3, 0.30% 11/3/2016 | 5,000 | 5,000 | ||||||
State of California, Educational Facs. Auth., Higher Education Commercial Paper, Series 2016-S-4, 0.44% 10/5/2016 | 8,000 | 8,000 | ||||||
State of California, County of Los Angeles, 2016-17 Tax and Rev. Anticipation Notes, 3.00% 6/30/2017 | 14,000 | 14,323 | ||||||
State of Colorado, General Fund Tax and Rev. Anticipation Notes, Series 2016-A, 2.00% 6/27/2017 | 25,000 | 25,320 | ||||||
District of Columbia, Tax and Rev. Anticipation Notes, Series 2015, 1.50% 9/30/2016 | 15,000 | 15,029 | ||||||
State of Massachusetts, School Building Auth., Dedicated Sales Tax Rev. Ref. Bonds, Series 2015-C, 5.00% 8/15/2016 | 20,000 | 20,042 | ||||||
State of New York, Metropolitan Transportation Auth., Dedicated Tax Fund Bond Anticipation Notes, Series 2016-A-1-F, 2.00% 3/1/2017 | 7,500 | 7,567 | ||||||
State of New York, Metropolitan Transportation Auth., Transportation Rev. Bond Anticipation Notes, Series 2015-B-1, 1.00% 8/1/2016 | 5,000 | 5,000 | ||||||
State of New York, Metropolitan Transportation Auth., Transportation Rev. Bond Anticipation Notes, Series 2015-B-1-G, 1.00% 8/1/2016 | 20,000 | 20,001 | ||||||
State of New York, Metropolitan Transportation Auth., Transportation Rev. Bond Anticipation Notes, Series 2016-A-1-E, 2.00% 3/1/2017 | 10,000 | 10,089 | ||||||
State of New York, Metropolitan Transportation Auth., Transportation Rev. Bond Anticipation Notes, Series 2016-A-1-F 2.00% 10/1/2016 | 15,000 | 15,039 | ||||||
State of New York, City of New York, G.O. Bonds, Series 1994-E-2, 0.39% 20201 | 5,500 | 5,500 | ||||||
State of New York, City of New York, G.O. Bonds, Series 2006-H-1, 0.39% 20361 | 9,900 | 9,900 |
26 | American Funds Tax-Exempt Funds |
Limited Term Tax-Exempt Bond Fund of America
Principal amount (000) |
Value (000) |
|||||||
State of New York, City of New York, G.O. Bonds, Series 2008-L-4, 0.40% 20381 | $ | 3,000 | $ | 3,000 | ||||
State of New York, New York City Transitional Fin. Auth., Future Tax Secured Rev. Ref. Bonds, Series 2015-E-3, 0.39% 20451 | 7,900 | 7,900 | ||||||
State of New York, New York City Transitional Fin. Auth., Future Tax Secured Rev. Ref. Bonds, Series 2016-E-4, 0.39% 20451 | 7,000 | 7,000 | ||||||
State of Oregon, Full Faith and Credit Tax Anticipation Notes, Series 2015-A, 2.00% 9/15/2016 | 22,000 | 22,045 | ||||||
State of Oregon, Full Faith and Credit Tax Anticipation Notes, Series 2016-A, 2.00% 6/30/2017 | 13,000 | 13,177 | ||||||
Other securities | 95,692 | |||||||
Total short-term securities (cost: $309,538,000) | 309,624 | |||||||
Total investment securities 99.60% (cost: $3,591,435,000) | 3,734,924 | |||||||
Other assets less liabilities 0.40% | 14,866 | |||||||
Net assets 100.00% | $ | 3,749,790 |
This summary investment portfolio is designed to streamline the report and help investors better focus on the fund’s principal holdings. See the inside back cover for details on how to obtain a complete schedule of portfolio holdings.
“Other securities” includes all issues that are not disclosed separately in the summary investment portfolio. Some of these securities (with an aggregate value of $14,457,000, which represented 0.39% of the net assets of the fund) were acquired in transactions exempt from registration under Rule 144A normally to qualified institutional buyers.
1 | Coupon rate may change periodically. For short-term securities, the date of the next scheduled coupon rate change is considered to be the maturity date. |
Key to abbreviations
Agcy. = Agency
AMT = Alternative Minimum Tax
Auth. = Authority
Certs. of Part. = Certificates of Participation
Dept. = Department
Dev. = Development
Dist. = District
Econ. = Economic
Fac. = Facility
Facs. = Facilities
Fin. = Finance
Fncg. = Financing
G.O. = General Obligation
LOC = Letter of Credit
Preref. = Prerefunded
Redev. = Redevelopment
Ref. = Refunding
Rev. = Revenue
TECP = Tax-Exempt Commercial Paper
See Notes to Financial Statements
American Funds Tax-Exempt Funds | 27 |
The Tax-Exempt Bond Fund of America
Summary investment portfolio July 31, 2016
Bonds, notes & other debt instruments 94.44% | Principal amount (000) |
Value (000) |
||||||
Alabama 1.23% | ||||||||
Black Belt Energy Gas Dist., Gas Supply Rev. Bonds, Series 2016-A, 4.00% 2046 (put 2021) | $ | 38,000 | $ | 42,585 | ||||
Jefferson County, Sewer Rev. Warrants, Series 2013-A, Assured Guaranty Municipal insured, 5.00% 2044 | 22,340 | 25,564 | ||||||
Other securities | 101,424 | |||||||
169,573 | ||||||||
Arizona 2.10% | ||||||||
Health Facs. Auth., Rev. Bonds (Banner Health), Series 2007-B, 1.243% 20371 | 27,200 | 25,308 | ||||||
Other securities | 264,443 | |||||||
289,751 | ||||||||
California 10.68% | ||||||||
Bay Area Toll Auth., San Francisco Bay Area Toll Bridge Rev. Ref. Bonds, Series 2008-B-1, 1.54% 2045 (put 2024)1 | 30,850 | 31,174 | ||||||
Foothill/Eastern Transportation Corridor Agcy., Toll Road Rev. Ref. Bonds, Series 2013-A, 6.00% 2053 | 24,000 | 29,139 | ||||||
G.O. Bonds, Series 2012-A, 0.89% 2033 (put 2018)1 | 6,000 | 5,980 | ||||||
Various Purpose G.O. Bonds, 3.00% 2016 | 39,000 | 39,006 | ||||||
Various Purpose G.O. Bonds, 4.00% 2030 (put 2021) | 1,000 | 1,140 | ||||||
Various Purpose G.O. Bonds, 5.00% 2017 | 3,900 | 3,989 | ||||||
Various Purpose G.O. Bonds, 5.00% 2029 | 2,500 | 3,166 | ||||||
Various Purpose G.O. Bonds, 5.25% 2018 | 5,000 | 5,355 | ||||||
Various Purpose G.O. Bonds, 5.25% 2028 | 10,185 | 12,271 | ||||||
Various Purpose G.O. Bonds, 5.25% 2028 | 3,000 | 3,624 | ||||||
Various Purpose G.O. Bonds, 5.25% 2031 | 4,000 | 5,139 | ||||||
Various Purpose G.O. Bonds, 5.25% 2032 | 10,000 | 12,799 | ||||||
Various Purpose G.O. Bonds, 6.00% 2038 | 8,000 | 9,088 | ||||||
Various Purpose G.O. Bonds, 6.00% 2039 | 10,000 | 11,634 | ||||||
Various Purpose G.O. Bonds, 6.50% 2033 | 7,000 | 8,085 | ||||||
Various Purpose G.O. Bonds, Series 2015-C, 5.00% 2030 | 2,500 | 3,156 | ||||||
Various Purpose G.O. Ref. Bonds, 5.00% 2016 | 5,000 | 5,040 | ||||||
Various Purpose G.O. Ref. Bonds, 5.00% 2032 | 4,000 | 4,779 | ||||||
City of San Buenaventura, Rev. Bonds (Community Memorial Health System), Series 2011, 7.50% 2041 | 19,850 | 24,798 | ||||||
Turlock Irrigation Dist., Rev. Ref. Bonds, Series 2011, 5.50% 2041 | 17,990 | 20,923 | ||||||
Other securities | 1,235,760 | |||||||
1,476,045 | ||||||||
Colorado 2.20% | ||||||||
Health Facs. Auth., Health Facs. Rev. Ref. Bonds (Evangelical Lutheran Good Samaritan Society Project), Series 2012, 5.00% 2042 | 26,165 | 29,133 | ||||||
Regional Transportation Dist., Private Activity Bonds (Denver Transit Partners Eagle P3 Project), Series 2010, 6.00% 2041 | 23,765 | 27,579 | ||||||
Other securities | 247,828 | |||||||
304,540 | ||||||||
Delaware 0.24% | ||||||||
Transportation Auth., Rev. Bonds (U.S. 301 Project), 5.00% 2055 | 25,455 | 30,052 | ||||||
Other securities | 3,665 | |||||||
33,717 | ||||||||
Florida 7.38% | ||||||||
Miami Beach Redev. Agcy., Tax Increment Rev. Ref. Bonds (City Center/Historic Convention Village), Series 2015-A, Assured Guaranty Municipal insured, 5.00% 2040 | 18,000 | 21,305 | ||||||
Orlando-Orange County, Expressway Auth., Rev. Ref. Bonds, Series 2013-A, 5.00% 2035 | 27,350 | 32,590 | ||||||
Other securities | 965,310 | |||||||
1,019,205 |
28 | American Funds Tax-Exempt Funds |
The Tax-Exempt Bond Fund of America
Principal amount (000) |
Value (000) |
|||||||
Georgia 2.83% | ||||||||
City of Atlanta, Water and Wastewater Rev. Ref. Bonds, Series 1999-A, FGIC-National insured, 5.50% 2022 | $ | 20,500 | $ | 25,114 | ||||
Dev. Auth. of Burke County, Pollution Control Rev. Bonds (Oglethorpe Power Corp. Vogtle Project), Series 2008-E, 7.00% 2023 | 19,670 | 21,312 | ||||||
Other securities | 344,199 | |||||||
390,625 | ||||||||
Illinois 10.03% | ||||||||
Chicago Transit Auth., Sales Tax Receipts Rev. Bonds, Series 2014, 5.25% 2049 | 27,500 | 32,122 | ||||||
Fin. Auth., Rev. Bonds (Mercy Health Corp.), Series 2016, 5.00% 2046 | 18,500 | 21,709 | ||||||
Fin. Auth., Rev. Ref. Bonds (OSF Healthcare System), Series 2015-A, 5.00% 2045 | 26,890 | 31,785 | ||||||
Fin. Auth., Rev. Ref. Bonds (Provena Health), Series 2009-A, 7.75% 2034 | 19,000 | 22,820 | ||||||
Fin. Auth., Student Housing Rev. Ref. Bonds (CHF-DeKalb II, LLC - Northern Illinois University Project), Series 2011, 6.875% 2043 | 27,500 | 32,720 | ||||||
Housing Dev. Auth., Multifamily Housing Rev. Notes (Marshall Field Garden Apartment Homes), 1.44% 2050 (put 2025)1 | 25,800 | 25,674 | ||||||
Southwestern Illinois Dev. Auth., Health Fac. Rev. Bonds (Memorial Group, Inc.), Series 2013, 7.625% 2048 | 17,340 | 24,281 | ||||||
State Toll Highway Auth., Toll Highway Rev. Bonds, Series 2008-B, 5.50% 2033 (preref. 2018) | 18,210 | 19,489 | ||||||
State Toll Highway Auth., Toll Highway Rev. Bonds, Series 2013-A, 5.00% 2027 | 1,305 | 1,562 | ||||||
State Toll Highway Auth., Toll Highway Rev. Bonds, Series 2013-A, 5.00% 2028 | 1,000 | 1,190 | ||||||
State Toll Highway Auth., Toll Highway Rev. Bonds, Series 2013-A, 5.00% 2029 | 3,000 | 3,554 | ||||||
State Toll Highway Auth., Toll Highway Rev. Bonds, Series 2013-A, 5.00% 2030 | 7,100 | 8,382 | ||||||
State Toll Highway Auth., Toll Highway Rev. Bonds, Series 2013-A, 5.00% 2032 | 1,000 | 1,175 | ||||||
State Toll Highway Auth., Toll Highway Rev. Bonds, Series 2013-A, 5.00% 2033 | 2,200 | 2,577 | ||||||
State Toll Highway Auth., Toll Highway Rev. Bonds, Series 2013-A, 5.00% 2038 | 34,430 | 39,950 | ||||||
State Toll Highway Auth., Toll Highway Rev. Bonds, Series 2014-B, 5.00% 2038 | 2,500 | 2,958 | ||||||
State Toll Highway Auth., Toll Highway Rev. Bonds, Series 2014-B, 5.00% 2039 | 3,000 | 3,550 | ||||||
State Toll Highway Auth., Toll Highway Rev. Bonds, Series 2015-B, 5.00% 2036 | 2,000 | 2,423 | ||||||
State Toll Highway Auth., Toll Highway Rev. Bonds, Series 2015-B, 5.00% 2037 | 1,500 | 1,814 | ||||||
State Toll Highway Auth., Toll Highway Rev. Bonds, Series 2015-B, 5.00% 2040 | 9,500 | 11,438 | ||||||
State Toll Highway Auth., Toll Highway Rev. Ref. Bonds, Series 2010-A-1, 4.50% 2027 | 6,000 | 6,596 | ||||||
State Toll Highway Auth., Toll Highway Rev. Ref. Bonds, Series 2010-A-1, 5.00% 2025 | 10,000 | 11,274 | ||||||
State Toll Highway Auth., Toll Highway Rev. Ref. Bonds, Series 2010-A-1, 5.00% 2028 | 10,000 | 11,234 | ||||||
State Toll Highway Auth., Toll Highway Rev. Ref. Bonds, Series 2010-A-1, 5.00% 2031 | 4,000 | 4,479 | ||||||
Toll Highway Auth., Toll Highway Rev. Bonds, Series 2016-B, 5.00% 2035 | 3,055 | 3,753 | ||||||
Toll Highway Auth., Toll Highway Rev. Bonds, Series 2016-B, 5.00% 2036 | 2,000 | 2,443 | ||||||
Toll Highway Auth., Toll Highway Rev. Bonds, Series 2016-B, 5.00% 2037 | 1,900 | 2,317 | ||||||
Toll Highway Auth., Toll Highway Rev. Bonds, Series 2016-B, 5.00% 2041 | 13,450 | 16,296 | ||||||
Other securities | 1,036,656 | |||||||
1,386,221 | ||||||||
Indiana 1.91% | ||||||||
Fin. Auth., Health System Rev. Bonds (Franciscan Alliance, Inc.), Series 2016-A, 5.00% 2051 | 19,600 | 23,199 | ||||||
Other securities | 240,573 | |||||||
263,772 | ||||||||
Kentucky 0.63% | ||||||||
Public Transportation Infrastructure Auth., Toll Rev. Bonds (Downtown Crossing Project), Series 2013-A, 6.00% 2053 | 18,020 | 21,839 | ||||||
Other securities | 64,669 | |||||||
86,508 | ||||||||
Louisiana 1.87% | ||||||||
Local Government Environmental Facs. and Community Dev. Auth., Rev. Bonds (Westlake Chemical Corp. Projects), Series 2007, 6.75% 2032 | 24,560 | 26,299 | ||||||
Other securities | 232,644 | |||||||
258,943 |
American Funds Tax-Exempt Funds | 29 |
The Tax-Exempt Bond Fund of America
Bonds, notes & other debt instruments (continued) | Principal amount (000) |
Value (000) |
||||||
Michigan 3.56% | ||||||||
School Dist. of the City of Detroit (Wayne County), School Building and Site Improvement Ref. Bonds (Unlimited Tax G.O.), Series 2005-A, Assured Guaranty Municipal insured, 5.25% 2032 | $ | 20,000 | $ | 25,529 | ||||
Tobacco Settlement Fin. Auth., Tobacco Settlement Asset-backed Bonds, Current Interest Bonds, Series 2007-A, 6.00% 2048 | 53,520 | 53,905 | ||||||
Other securities | 412,423 | |||||||
491,857 | ||||||||
New Jersey 2.14% | ||||||||
Tobacco Settlement Fncg. Corp., Tobacco Settlement Asset-backed Rev. Ref. Bonds, Series 2007-1-A, 5.00% 2041 | 58,645 | 58,024 | ||||||
Other securities | 237,901 | |||||||
295,925 | ||||||||
New York 6.30% | ||||||||
Liberty Dev. Corp., Liberty Rev. Ref. Bonds (Bank of America Tower at One Bryant Park Project), Series 2010, 6.375% 2049 | 21,000 | 23,918 | ||||||
Metropolitan Transportation Auth., Transportation Rev. Bonds, Series 2003-B, FGIC-National insured, 5.25% 2021 | 5,000 | 6,069 | ||||||
Metropolitan Transportation Auth., Transportation Rev. Bonds, Series 2005-C, 5.00% 2016 | 1,000 | 1,014 | ||||||
Metropolitan Transportation Auth., Transportation Rev. Bonds, Series 2008-B-2, 5.00% 2016 | 3,000 | 3,041 | ||||||
Metropolitan Transportation Auth., Transportation Rev. Bonds, Series 2008-C, 5.50% 2018 | 4,100 | 4,344 | ||||||
Metropolitan Transportation Auth., Transportation Rev. Bonds, Series 2011-D, 5.00% 2036 | 6,000 | 7,100 | ||||||
Metropolitan Transportation Auth., Transportation Rev. Bonds, Series 2012-D, 5.00% 2016 | 5,000 | 5,068 | ||||||
Metropolitan Transportation Auth., Transportation Rev. Bonds, Series 2014-B, 5.00% 2016 | 1,000 | 1,014 | ||||||
Metropolitan Transportation Auth., Transportation Rev. Bonds, Series 2014-B, 5.00% 2044 | 13,000 | 15,614 | ||||||
Metropolitan Transportation Auth., Transportation Rev. Bonds, Series 2015-A-1, 5.00% 2040 | 8,000 | 9,647 | ||||||
Metropolitan Transportation Auth., Transportation Rev. Bonds, Series 2015-A-1, 5.00% 2045 | 20,000 | 24,065 | ||||||
Metropolitan Transportation Auth., Transportation Rev. Bonds, Series 2015-A-2, 1.02% 2039 (put 2020)1 | 13,000 | 12,917 | ||||||
Metropolitan Transportation Auth., Transportation Rev. Bonds, Series 2015-C-1, 5.00% 2035 | 6,000 | 7,343 | ||||||
Metropolitan Transportation Auth., Transportation Rev. Ref. Bonds, Series 2011-C, 5.00% 2023 | 5,000 | 5,957 | ||||||
Metropolitan Transportation Auth., Transportation Rev. Ref. Bonds, Series 2012-D, 5.00% 2024 | 8,000 | 9,782 | ||||||
Metropolitan Transportation Auth., Transportation Rev. Ref. Bonds, Series 2012-D, 5.00% 2029 | 7,000 | 8,450 | ||||||
Metropolitan Transportation Auth., Transportation Rev. Ref. Bonds, Series 2012-D, 5.00% 2032 | 3,105 | 3,751 | ||||||
Metropolitan Transportation Auth., Transportation Rev. Ref. Bonds, Series 2012-F, 5.00% 2030 | 10,000 | 12,115 | ||||||
Metropolitan Transportation Auth., Transportation Rev. Ref. Bonds, Series 2014-A-2, 5.00% 2028 | 3,000 | 3,706 | ||||||
Other securities | 705,833 | |||||||
870,748 | ||||||||
Ohio 3.80% | ||||||||
Buckeye Tobacco Settlement Fncg. Auth., Tobacco Settlement Asset-backed Bonds, Current Interest Bonds, Series 2007-A-2, 5.875% 2030 | 19,990 | 19,992 | ||||||
Buckeye Tobacco Settlement Fncg. Auth., Tobacco Settlement Asset-backed Bonds, Current Interest Bonds, Series 2007-A-2, 5.875% 2047 | 103,455 | 103,401 | ||||||
Buckeye Tobacco Settlement Fncg. Auth., Tobacco Settlement Asset-backed Bonds, Current Interest Bonds, Series 2007-A-2, 6.50% 2047 | 38,380 | 39,247 | ||||||
Housing Fin. Agcy., Residential Mortgage Rev. Ref. Bonds (Mortgage-backed Securities Program), Series 2016-D, 4.00% 2047 | 28,000 | 30,849 | ||||||
Other securities | 331,112 | |||||||
524,601 |
30 | American Funds Tax-Exempt Funds |
The Tax-Exempt Bond Fund of America
Principal amount (000) |
Value (000) |
|||||||
Oregon 0.49% | ||||||||
G.O. Bonds (Veterans’ Welfare Bonds 96), Series 2015-Q, 4.00% 2045 | $ | 12,885 | $ | 14,132 | ||||
State Board of Higher Education, G.O. Bonds, Series 2006-A, 5.00% 2031 (preref. 2016) | 1,695 | 1,695 | ||||||
State Board of Higher Education, G.O. Bonds, Series 2006-A, 5.00% 2036 (preref. 2016) | 2,715 | 2,716 | ||||||
Other securities | 48,672 | |||||||
67,215 | ||||||||
Texas 9.22% | ||||||||
Bexar County, Hospital Dist., Combination Tax and Rev. Certificates of Obligation, Series 2008, 5.00% 2032 | 20,500 | 21,815 | ||||||
Grand Parkway Transportation Corp., Grand Parkway System Toll Rev. Bonds, Series 2013-B, 5.00% 2053 | 32,800 | 38,387 | ||||||
Harris County Cultural Education Facs. Fin. Corp., Medical Facs. Rev. Ref. Bonds (Baylor College of Medicine), 1.127% 2045 (put 2020)1 | 22,000 | 22,112 | ||||||
City of Houston, Combined Utility System, Rev. and Rev. Ref. Bonds, Series 2016-B, 5.00% 2035 | 30,000 | 37,480 | ||||||
North Texas Tollway Auth., System Rev. Ref. Bonds, Current Interest Bonds, Series 2008-A, 5.50% 2018 | 1,000 | 1,069 | ||||||
North Texas Tollway Auth., System Rev. Ref. Bonds, Current Interest Bonds, Series 2008-A, 6.00% 2021 (preref. 2018) | 3,295 | 3,548 | ||||||
North Texas Tollway Auth., System Rev. Ref. Bonds, Current Interest Bonds, Series 2008-A, 6.00% 2023 (preref. 2018) | 11,025 | 11,871 | ||||||
North Texas Tollway Auth., System Rev. Ref. Bonds, Current Interest Bonds, Series 2008-A, 6.00% 2025 (preref. 2018) | 4,385 | 4,721 | ||||||
North Texas Tollway Auth., System Rev. Ref. Bonds, Current Interest Bonds, Series 2014-C, 1.11% 2038 (put 2020)1 | 7,500 | 7,522 | ||||||
North Texas Tollway Auth., System Rev. Ref. Bonds, Current Interest Bonds, Series 2008-A, 5.625% 2033 (preref 2018) | 6,890 | 7,382 | ||||||
North Texas Tollway Auth., System Rev. Ref. Bonds, Current Interest Bonds, Series 2008-A, 6.00% 2021 | 465 | 497 | ||||||
North Texas Tollway Auth., System Rev. Ref. Bonds, Current Interest Bonds, Series 2008-A, 6.00% 2023 | 1,545 | 1,652 | ||||||
North Texas Tollway Auth., System Rev. Ref. Bonds, Current Interest Bonds, Series 2008-A, 6.00% 2025 | 615 | 660 | ||||||
North Texas Tollway Auth., System Rev. Ref. Bonds, Current Interest Bonds, Series 2012-B, 5.25% 2052 | 8,435 | 9,780 | ||||||
North Texas Tollway Auth., System Rev. Ref. Bonds, Current Interest Bonds, Series 2015-B, 5.00% 2040 | 7,200 | 8,448 | ||||||
North Texas Tollway Auth., System Rev. Ref. Bonds, Series 2008-A, 5.625% 2033 | 1,860 | 1,980 | ||||||
North Texas Tollway Auth., System Rev. Ref. Bonds, Series 2008-A, 5.625% 2033 (preref. 2018) | 6,350 | 6,804 | ||||||
North Texas Tollway Auth., System Rev. Ref. Bonds, Series 2008-F, 5.75% 2033 (preref. 2018) | 11,000 | 11,805 | ||||||
North Texas Tollway Auth., System Rev. Ref. Bonds, Series 2008-F, 5.75% 2038 (preref. 2018) | 8,500 | 9,122 | ||||||
North Texas Tollway Auth., System Rev. Ref. Bonds, Series 2009-A, 6.00% 2028 | 2,995 | 3,367 | ||||||
North Texas Tollway Auth., System Rev. Ref. Bonds, Series 2009-A, 6.00% 2028 (preref. 2019) | 13,005 | 14,676 | ||||||
North Texas Tollway Auth., System Rev. Ref. Bonds, Series 2009-A, 6.10% 2028 | 940 | 1,060 | ||||||
North Texas Tollway Auth., System Rev. Ref. Bonds, Series 2009-A, 6.10% 2028 (preref. 2019) | 4,060 | 4,591 | ||||||
North Texas Tollway Auth., System Rev. Ref. Bonds, Series 2009-A, 6.25% 2039 | 935 | 1,048 | ||||||
North Texas Tollway Auth., System Rev. Ref. Bonds, Series 2009-A, 6.25% 2039 (preref. 2019) | 4,065 | 4,612 | ||||||
North Texas Tollway Auth., System Rev. Ref. Bonds, Series 2010, 6.00% 2034 | 1,500 | 1,795 | ||||||
North Texas Tollway Auth., System Rev. Ref. Bonds, Series 2010, 6.00% 2038 | 5,000 | 5,952 | ||||||
North Texas Tollway Auth., System Rev. Ref. Bonds, Series 2011-A, 1.24% 2050 (put 2019)1 | 3,600 | 3,600 | ||||||
North Texas Tollway Auth., System Rev. Ref. Bonds, Series 2011-B, 5.00% 2038 | 8,000 | 8,996 | ||||||
North Texas Tollway Auth., System Rev. Ref. Bonds, Series 2012-C, 1.95% 2038 (put 2019) | 8,600 | 8,773 | ||||||
North Texas Tollway Auth., System Rev. Ref. Bonds, Series 2014-A, 5.00% 2022 | 1,000 | 1,195 | ||||||
North Texas Tollway Auth., System Rev. Ref. Bonds, Series 2015-A, 5.00% 2032 | 7,500 | 9,068 | ||||||
North Texas Tollway Auth., System Rev. Ref. Bonds, Series 2015-A, 5.00% 2034 | 4,500 | 5,403 | ||||||
North Texas Tollway Auth., System Rev. Ref. Bonds, Series 2015-A, 5.00% 2035 | 4,000 | 4,785 | ||||||
North Texas Tollway Auth., System Rev. Ref. Bonds, Series 2015-A, 5.00% 2038 | 1,500 | 1,783 | ||||||
North Texas Tollway Auth., System Rev. Ref. Bonds, Series 2016-A, 5.00% 2030 | 1,800 | 2,251 |
American Funds Tax-Exempt Funds | 31 |
The Tax-Exempt Bond Fund of America
Bonds, notes & other debt instruments (continued) | Principal amount (000) |
Value (000) |
||||||
Texas (continued) | ||||||||
North Texas Tollway Auth., System Rev. Ref. Bonds, Series 2016-A, 5.00% 2031 | $ | 1,000 | $ | 1,246 | ||||
North Texas Tollway Auth., System Rev. Ref. Bonds, Series 2016-A, 5.00% 2032 | 500 | 620 | ||||||
North Texas Tollway Auth., System Rev. Ref. Bonds, Series 2016-A, 5.00% 2033 | 455 | 562 | ||||||
North Texas Tollway Auth., System Rev. Ref. Bonds, Series 2016-A, 5.00% 2034 | 1,000 | 1,230 | ||||||
North Texas Tollway Auth., System Rev. Ref. Bonds, Series 2016-A, 5.00% 2035 | 1,200 | 1,470 | ||||||
North Texas Tollway Auth., System Rev. Ref. Bonds, Series 2016-A, 5.00% 2036 | 1,000 | 1,219 | ||||||
North Texas Tollway Auth., System Rev. Ref. Bonds, Series 2016-A, 5.00% 2039 | 4,000 | 4,842 | ||||||
Other securities | 973,732 | |||||||
1,274,531 | ||||||||
Washington 2.70% | ||||||||
Health Care Facs. Auth., Rev. Ref. Bonds (Virginia Mason Medical Center), Series 2007-A, 6.125% 2037 | 22,000 | 23,134 | ||||||
Health Care Facs. Auth., Rev. Bonds (Catholic Health Initiatives), Series 2013-B-1, 1.44% 2035 (put 2021)1 | 59,750 | 59,295 | ||||||
Other securities | 291,284 | |||||||
373,713 | ||||||||
Wisconsin 1.95% | ||||||||
General Fund Annual Appropriation Rev. Ref. Bonds, Series 2009-A, 6.00% 2036 | 52,960 | 60,201 | ||||||
Other securities | 209,322 | |||||||
269,523 | ||||||||
Other states & U.S. territories 23.18% | ||||||||
Other securities | 3,203,062 | |||||||
Total bonds, notes & other debt instruments (cost: $12,095,527,000) | 13,050,075 | |||||||
Short-term securities 5.82% | ||||||||
State of California, Various Purpose G.O. Bonds, 2.00% 8/1/2016 | 6,470 | 6,471 | ||||||
State of California, County of Los Angeles, 2016-17 Tax and Rev. Anticipation Notes, 3.00% 6/30/2017 | 60,000 | 61,384 | ||||||
State of Colorado, General Fund Tax and Rev. Anticipation Notes, Series 2016-A, 2.00% 6/27/2017 | 75,000 | 75,959 | ||||||
District of Columbia, Tax and Rev. Anticipation Notes, Series 2015, 1.50% 9/30/2016 | 25,000 | 25,049 | ||||||
State of Massachusetts, School Building Auth., Dedicated Sales Tax Rev. Ref. Bonds, Series 2015-C, 5.00% 8/15/2016 | 21,705 | 21,750 | ||||||
State of Mississippi, Business Fin. Corp., Gulf Opportunity Zone Industrial Dev. Rev. Bonds (Chevron U.S.A. Inc. Project), Series 2007-E, 0.40% 20301 | 3,200 | 3,200 | ||||||
State of Mississippi, Business Fin. Corp., Gulf Opportunity Zone Industrial Dev. Rev. Bonds (Chevron U.S.A. Inc. Project), Series 2009-F, 0.40% 20301 | 20,300 | 20,300 | ||||||
State of Mississippi, Business Fin. Corp., Gulf Opportunity Zone Industrial Dev. Rev. Bonds (Chevron U.S.A. Inc. Project), Series 2010-L, 0.40% 20351 | 10,000 | 10,000 | ||||||
State of New York, Metropolitan Transportation Auth., Dedicated Tax Fund Bond Anticipation Notes, Series 2016-A-1-F, 2.00% 3/1/2017 | 10,000 | 10,089 | ||||||
State of New York, Metropolitan Transportation Auth., Transportation Rev. Bond Anticipation Notes, Series 2015-B-1, 1.00% 8/1/2016 | 10,000 | 10,000 | ||||||
State of New York, Metropolitan Transportation Auth., Transportation Rev. Bond Anticipation Notes, Series 2015-B-1-F, 0.50% 8/1/2016 | 17,000 | 17,000 | ||||||
State of New York, Metropolitan Transportation Auth., Transportation Rev. Bond Anticipation Notes, Series 2015-B-1-G, 1.00% 8/1/2016 | 48,000 | 48,002 | ||||||
State of New York, Metropolitan Transportation Auth., Transportation Rev. Bond Anticipation Notes, Series 2016-A-1-E, 2.00% 3/1/2017 | 33,000 | 33,294 | ||||||
State of New York, Metropolitan Transportation Auth., Transportation Rev. Bond Anticipation Notes, Series 2016-A-1-F 2.00% 10/1/2016 | 39,000 | 39,102 | ||||||
State of New York, Metropolitan Transportation Auth., Transportation Rev. Bond Anticipation Notes, Series 2016-A-2-C, 2.00% 2/1/2017 | 5,320 | 5,359 | ||||||
State of New York, New York City Transitional Fin. Auth., Future Tax Secured Rev. Ref. Bonds, Series 2015-E-3, 0.39% 20451 | 8,340 | 8,340 | ||||||
State of New York, New York City Transitional Fin. Auth., Future Tax Secured Rev. Ref. Bonds, Series 2016-E-4, 0.39% 20451 | 8,600 | 8,600 |
32 | American Funds Tax-Exempt Funds |
The Tax-Exempt Bond Fund of America
Principal amount (000) |
Value (000) |
|||||||
State of New York, New York City Transitional Fin. Auth., Future Tax Secured Tax-Exempt Bonds, Fiscal 2016 Series D, 1.50% 11/1/2016 | $ | 1,600 | $ | 1,605 | ||||
State of New York, New York City, Transitional Fin. Auth., New York City Recovery Bonds, Fiscal Series 2003-1, Subseries 1-C, 0.39% 20221 | 4,000 | 4,000 | ||||||
State of Oregon, Full Faith and Credit Tax Anticipation Notes, Series 2015-A, 2.00% 9/15/2016 | 101,300 | 101,505 | ||||||
State of Oregon, Full Faith and Credit Tax Anticipation Notes, Series 2016-A, 2.00% 6/30/2017 | 35,000 | 35,477 | ||||||
Other securities | 257,564 | |||||||
Total short-term securities (cost: $803,787,000) | 804,050 | |||||||
Total investment securities 100.26% (cost: $12,899,314,000) | 13,854,125 | |||||||
Other assets less liabilities (0.26)% | (36,570 | ) | ||||||
Net assets 100.00% | $ | 13,817,555 |
American Funds Tax-Exempt Funds | 33 |
The Tax-Exempt Bond Fund of America
This summary investment portfolio is designed to streamline the report and help investors better focus on the fund’s principal holdings. See the inside back cover for details on how to obtain a complete schedule of portfolio holdings.
“Other securities” includes all issues that are not disclosed separately in the summary investment portfolio. Some of these securities (with an aggregate value of $234,744,000, which represented 1.70% of the net assets of the fund) were acquired in transactions exempt from registration under Rule 144A normally to qualified institutional buyers.
1 | Coupon rate may change periodically. For short-term securities, the date of the next scheduled coupon rate change is considered to be the maturity date. |
Key to abbreviations
Agcy. = Agency
Auth. = Authority
Certs. of Part. = Certificates of Participation
Dept. = Department
Dev. = Development
Dist. = District
Econ. = Economic
Fac. = Facility
Facs. = Facilities
Fin. = Finance
Fncg. = Financing
G.O. = General Obligation
LOC = Letter of Credit
Preref. = Prerefunded
Redev. = Redevelopment
Ref. = Refunding
Rev. = Revenue
TECP = Tax-Exempt Commercial Paper
See Notes to Financial Statements
34 | American Funds Tax-Exempt Funds |
American High-Income Municipal Bond Fund
Summary investment portfolio July 31, 2016
Bonds, notes & other debt instruments 93.49% | Principal amount (000) |
Value (000) |
||||||
California 9.91% | ||||||||
City of San Buenaventura, Rev. Bonds (Community Memorial Health System), Series 2011, 7.50% 2041 | $ | 13,040 | $ | 16,290 | ||||
Other securities | 488,216 | |||||||
504,506 | ||||||||
Colorado 3.58% | ||||||||
City and County of Denver, Dept. of Aviation, Special Facs. Airport Rev. Ref. Bonds (United Air Lines Project), Series 2007-A, AMT, 5.25% 2032 | 16,000 | 16,615 | ||||||
City and County of Denver, Dept. of Aviation, Special Facs. Airport Rev. Ref. Bonds (United Air Lines Project), Series 2007-A, AMT, 5.75% 2032 | 2,905 | 3,036 | ||||||
Health Facs. Auth., Health Care Facs. Rev. Bonds (American Baptist Homes of the Midwest Obligated Group), Series 2013, 8.00% 2043 | 11,100 | 13,473 | ||||||
Regional Transportation Dist., Private Activity Bonds (Denver Transit Partners Eagle P3 Project), Series 2010, 6.00% 2041 | 14,800 | 17,175 | ||||||
Other securities | 132,064 | |||||||
182,363 | ||||||||
District of Columbia 0.69% | ||||||||
Tobacco Settlement Fncg. Corp., Tobacco Settlement Asset-Backed Bonds, Series 2006-A, 0% 2046 | 145,000 | 19,540 | ||||||
Other securities | 15,542 | |||||||
35,082 | ||||||||
Florida 6.06% | ||||||||
Dev. Fin. Corp., Healthcare Facs. Rev. Bonds (UF Health - Jacksonville Project), Series 2013-A, 6.00% 2033 | 11,930 | 13,914 | ||||||
Lee County, Industrial Dev. Auth., Healthcare Facs. Rev. Ref. Bonds (Shell Point/Alliance Obligated Group, Shell Point Village/Alliance Community Project), Series 2007, 5.00% 2029 | 13,425 | 13,791 | ||||||
Palm Beach County, Health Facs. Auth., Retirement Communities Rev. Bonds (ACTS Retirement-Life Communities, Inc. Obligated Group), Series 2016, 5.00% 2032 | 11,000 | 13,334 | ||||||
City of Tallahassee, Health Facs. Rev. Ref. Bonds (Tallahassee Memorial HealthCare, Inc. Project), Series 2016-A, 5.00% 2055 | 11,200 | 13,047 | ||||||
Other securities | 254,364 | |||||||
308,450 | ||||||||
Illinois 10.18% | ||||||||
City of Chicago, Chicago Midway Airport, Rev. Ref. Bonds, Series 2014-A, AMT, 5.00% 2041 | 13,000 | 14,886 | ||||||
Fin. Auth., Rev. Bonds (Mercy Health Corp.), Series 2016, 5.00% 2046 | 10,800 | 12,673 | ||||||
Fin. Auth., Rev. Ref. Bonds (Provena Health), Series 2009-A, 7.75% 2034 | 12,950 | 15,554 | ||||||
Fin. Auth., Student Housing Rev. Ref. Bonds (CHF-DeKalb II, LLC - Northern Illinois University Project), Series 2011, 6.875% 2043 | 11,500 | 13,683 | ||||||
Southwestern Illinois Dev. Auth., Health Fac. Rev. Bonds (Memorial Group, Inc.), Series 2013, 7.625% 2048 | 11,020 | 15,431 | ||||||
Other securities | 445,968 | |||||||
518,195 | ||||||||
Iowa 0.94% | ||||||||
Fin. Auth., Midwestern Disaster Area Rev. Ref. Bonds (Iowa Fertilizer Co. Project), Series 2013, 5.25% 2025 | 16,300 | 17,638 | ||||||
Other securities | 30,308 | |||||||
47,946 | ||||||||
Massachusetts 2.27% | ||||||||
Dev. Fin. Agcy., Rev. Bonds (Linden Ponds, Inc. Fac.), Series 2011-A-1, 6.25% 2046 | 12,254 | 12,875 | ||||||
Dev. Fin. Agcy., Rev. Ref. Bonds (Tufts Medical Center Issue), Series 2011-I, 6.75% 2036 | 11,175 | 13,397 | ||||||
Educational Fncg. Auth., Education Loan Rev. Bonds, Series 2016-J, AMT, 3.50% 2033 | 21,000 | 21,437 | ||||||
Other securities | 67,979 | |||||||
115,688 |
American Funds Tax-Exempt Funds | 35 |
American High-Income Municipal Bond Fund
Bonds, notes & other debt instruments (continued) | Principal amount (000) |
Value (000) |
||||||
Michigan 4.20% | ||||||||
Tobacco Settlement Fin. Auth., Tobacco Settlement Asset-backed Bonds, Current Interest Bonds, Series 2007-A, 6.00% 2034 | $ | 4,050 | $ | 4,079 | ||||
Tobacco Settlement Fin. Auth., Tobacco Settlement Asset-backed Bonds, Current Interest Bonds, Series 2007-A, 6.00% 2048 | 57,385 | 57,798 | ||||||
Tobacco Settlement Fin. Auth., Tobacco Settlement Asset-backed Rev. Ref. Bonds, Current Interest Bonds, Series 2008-A, 6.875% 2042 | 5,440 | 5,616 | ||||||
Wayne County, Airport Auth., Airport Rev. Ref. Bonds (Detroit Metropolitan Wayne County Airport), Series 2012-D, AMT, 5.00% 2028 | 12,000 | 13,820 | ||||||
Other securities | 132,616 | |||||||
213,929 | ||||||||
New Jersey 4.49% | ||||||||
Econ. Dev. Auth., School Facs. Construction Rev. Ref. Bonds, Series 2013-I, 2.04% 20281 | 16,000 | 14,435 | ||||||
Econ. Dev. Auth., Special Fac. Rev. Bonds (Continental Airlines, Inc. Project), Series 1999, AMT, 5.125% 2023 | 4,525 | 5,116 | ||||||
Econ. Dev. Auth., Special Fac. Rev. Bonds (Continental Airlines, Inc. Project), Series 1999, AMT, 5.25% 2029 | 18,500 | 20,769 | ||||||
Econ. Dev. Auth., Special Fac. Rev. Bonds (Continental Airlines, Inc. Project), Series 2000-B, AMT, 5.625% 2030 | 1,750 | 2,040 | ||||||
Econ. Dev. Auth., Special Fac. Rev. Bonds (Continental Airlines, Inc. Project), Series 2003, AMT, 5.50% 2033 | 3,500 | 4,004 | ||||||
Econ. Dev. Auth., Special Fac. Rev. Ref. Bonds (Continental Airlines, Inc. Project), Series 2012, AMT, 5.75% 2027 | 4,500 | 5,179 | ||||||
South Jersey Transportation Auth., Transportation System Rev. Bonds, Series 2014-A, 5.00% 2039 | 12,650 | 14,378 | ||||||
Tobacco Settlement Fncg. Corp., Tobacco Settlement Asset-backed Rev. Ref. Bonds, Series 2007-1-A, 5.00% 2041 | 52,665 | 52,107 | ||||||
Other securities | 110,813 | |||||||
228,841 | ||||||||
New York 4.49% | ||||||||
Liberty Dev. Corp., Liberty Rev. Ref. Bonds (Bank of America Tower at One Bryant Park Project), Series 2010, 6.375% 2049 | 13,360 | 15,216 | ||||||
New York City, Industrial Dev. Agcy., Special Fac. Rev. Bonds (American Airlines, Inc. John F. Kennedy International Airport Project), AMT, 2.00% 2028 | 4,600 | 4,600 | ||||||
New York City, Industrial Dev. Agcy., Special Fac. Rev. Bonds (American Airlines, Inc. John F. Kennedy International Airport Project), Series 2005, AMT, 7.625% 2025 | 15,200 | 15,356 | ||||||
New York City, Industrial Dev. Agcy., Special Fac. Rev. Bonds (American Airlines, Inc. John F. Kennedy International Airport Project), Series 2005, AMT, 7.75% 2031 | 3,130 | 3,162 | ||||||
New York City, Industrial Dev. Agcy., Special Fac. Rev. Bonds (American Airlines, Inc. John F. Kennedy International Airport Project), Series 2005, AMT, 8.00% 2028 | 2,000 | 2,020 | ||||||
Transportation Dev. Corp., Special Fac. Rev. Ref. Bonds (American Airlines, Inc. John F. Kennedy International Airport Project), Series 2016, AMT, 5.00% 2020 | 10,000 | 11,043 | ||||||
Transportation Dev. Corp., Special Fac. Rev. Ref. Bonds (American Airlines, Inc. John F. Kennedy International Airport Project), Series 2016, AMT, 5.00% 2026 | 5,000 | 5,565 | ||||||
Transportation Dev. Corp., Special Fac. Rev. Ref. Bonds (American Airlines, Inc. John F. Kennedy International Airport Project), Series 2016, AMT, 5.00% 2031 | 4,750 | 5,214 | ||||||
Other securities | 166,475 | |||||||
228,651 | ||||||||
Ohio 5.25% | ||||||||
Buckeye Tobacco Settlement Fncg. Auth., Tobacco Settlement Asset-backed Bonds, Current Interest Bonds, Series 2007-A-2, 5.875% 2030 | 2,350 | 2,350 | ||||||
Buckeye Tobacco Settlement Fncg. Auth., Tobacco Settlement Asset-backed Bonds, Current Interest Bonds, Series 2007-A-2, 5.875% 2047 | 105,320 | 105,265 | ||||||
Buckeye Tobacco Settlement Fncg. Auth., Tobacco Settlement Asset-backed Bonds, Current Interest Bonds, Series 2007-A-2, 6.50% 2047 | 20,205 | 20,661 | ||||||
County of Gallia, Hospital Facs. Rev. Ref. and Improvement Bonds (Holzer Health System Obligated Group Project), Series 2012-A, 8.00% 2042 | 10,735 | 13,007 | ||||||
Other securities | 125,895 | |||||||
267,178 |
36 | American Funds Tax-Exempt Funds |
American High-Income Municipal Bond Fund
Principal amount (000) |
Value (000) |
|||||||
Oklahoma 0.81% | ||||||||
Trustees of the Tulsa Municipal Airport Trust, American Airlines Inc. Rev. Ref. Bonds, Series 2001-B, AMT, 5.50% 2035 | $ | 15,875 | $ | 18,238 | ||||
Trustees of the Tulsa Municipal Airport Trust, American Airlines Inc. Rev. Ref. Bonds, Series 2013-B, AMT, 5.50% 2035 | 120 | 137 | ||||||
Trustees of the Tulsa Municipal Airport Trust, Series 2015, AMT, 5.00% 2035 (put 2025) | 5,000 | 5,847 | ||||||
Other securities | 16,953 | |||||||
41,175 | ||||||||
Pennsylvania 5.25% | ||||||||
Higher Educational Facs. Auth., Rev. Bonds (Edinboro University Foundation Student Housing Project), Series 2008, 5.875% 2038 | 11,400 | 11,942 | ||||||
Hospitals and Higher Education Facs. Auth. of Philadelphia, Hospital Rev. Bonds (Temple University Health System Obligated Group), Series 2012-A, 5.625% 2042 | 11,545 | 12,991 | ||||||
Other securities | 242,262 | |||||||
267,195 | ||||||||
Puerto Rico 3.38% | ||||||||
Aqueduct and Sewer Auth., Rev. Ref. Bonds, Series 2012-A, 5.25% 2042 | 31,815 | 22,416 | ||||||
Electric Power Auth., Power Rev. Ref. Bonds, Series UU, Assured Guaranty Municipal insured, 0.953% 20291 | 19,235 | 13,892 | ||||||
Industrial, Tourist, Educational, Medical and Environmental Control Facs. Fncg. Auth., Hospital Rev. and Rev. Ref. Bonds (Hospital Auxilio Mutuo Obligated Group Project), Series 2011-A, 6.00% 2033 | 12,025 | 12,393 | ||||||
Other securities | 123,226 | |||||||
171,927 | ||||||||
Texas 6.97% | ||||||||
Brazos River Harbor Navigation Dist. of Brazoria County, Environmental Facs. Rev. Ref. Bonds (Dow Chemical Co. Project), Series 2002-A-4, AMT, 5.95% 2033 | 24,545 | 26,887 | ||||||
City of Houston, Airport System Special Facs. Rev. Bonds (Continental Airlines, Inc. Terminal Improvement Projects), Series 2011, AMT, 6.50% 2030 | 9,300 | 10,912 | ||||||
City of Houston, Airport System Special Facs. Rev. Bonds (Continental Airlines, Inc. Terminal Improvement Projects), Series 2011, AMT, 6.625% 2038 | 3,000 | 3,508 | ||||||
City of Houston, Airport System Special Facs. Rev. Ref. Bonds (United Airlines, Inc. Airport Improvement Projects), Series 2015-B-1, AMT, 5.00% 2030 | 3,000 | 3,452 | ||||||
City of Houston, Airport System Special Facs. Rev. Ref. Bonds (United Airlines, Inc. Airport Improvement Projects), Series 2015-C, AMT, 5.00% 2020 | 11,335 | 12,612 | ||||||
City of Houston, Airport System Special Facs. Rev. Ref. Bonds (United Airlines, Inc. Terminal E Project), Series 2014, AMT, 4.75% 2024 | 5,500 | 6,327 | ||||||
City of Houston, Airport System Special Facs. Rev. Ref. Bonds (United Airlines, Inc. Terminal E Project), Series 2014, AMT, 5.00% 2029 | 6,310 | 7,160 | ||||||
Mission Econ. Dev. Corp., Rev. Bonds (Natgasoline Project), Series 2016-B, AMT, 5.75% 20312 | 14,165 | 15,142 | ||||||
Other securities | 269,122 | |||||||
355,122 | ||||||||
Wisconsin 1.47% | ||||||||
Housing and Econ. Dev. Auth., Home Ownership Rev. Bonds, Series 2016-A, AMT, 3.50% 2046 | 19,000 | 20,235 | ||||||
Other securities | 54,639 | |||||||
74,874 |
American Funds Tax-Exempt Funds | 37 |
American High-Income Municipal Bond Fund
Bonds, notes & other debt instruments (continued) | Principal amount (000) |
Value (000) |
||||||
Other states & U.S. territories 23.55% | ||||||||
Other securities | $ | 1,199,826 | ||||||
Total bonds, notes & other debt instruments (cost: $4,399,961,000) | 4,760,948 | |||||||
Short-term securities 6.73% | ||||||||
State of California, Educational Facs. Auth., Higher Education Commercial Paper, Series 2016-S-3, 0.30% 11/3/2016 | $ | 5,000 | 5,000 | |||||
State of California, Educational Facs. Auth., Higher Education Commercial Paper, Series 2016-S-4, 0.44% 10/5/2016 | 8,000 | 8,000 | ||||||
State of California, County of Los Angeles, 2016-17 Tax and Rev. Anticipation Notes, 3.00% 6/30/2017 | 14,000 | 14,323 | ||||||
State of Colorado, General Fund Tax and Rev. Anticipation Notes, Series 2016-A, 2.00% 6/27/2017 | 50,000 | 50,640 | ||||||
District of Columbia, Tax and Rev. Anticipation Notes, Series 2015, 1.50% 9/30/2016 | 15,000 | 15,029 | ||||||
State of Massachusetts, School Building Auth., Dedicated Sales Tax Rev. Ref. Bonds, Series 2015-C, 5.00% 8/15/2016 | 15,000 | 15,031 | ||||||
State of Mississippi, Business Fin. Corp., Gulf Opportunity Zone Industrial Dev. Rev. Bonds (Chevron U.S.A. Inc. Project), Series 2007-E, 0.40% 20301 | 4,980 | 4,980 | ||||||
State of Mississippi, Business Fin. Corp., Gulf Opportunity Zone Industrial Dev. Rev. Bonds (Chevron U.S.A. Inc. Project), Series 2009-E, 0.40% 20301 | 13,550 | 13,550 | ||||||
State of Mississippi, Business Fin. Corp., Gulf Opportunity Zone Industrial Dev. Rev. Bonds (Chevron U.S.A. Inc. Project), Series 2009-F, 0.40% 20301 | 3,260 | 3,260 | ||||||
State of Mississippi, Business Fin. Corp., Gulf Opportunity Zone Industrial Dev. Rev. Bonds (Chevron U.S.A. Inc. Project), Series 2010-L, 0.40% 20351 | 8,000 | 8,000 | ||||||
State of New York, Metropolitan Transportation Auth., Dedicated Tax Fund Bond Anticipation Notes, Series 2016-A-1-F, 2.00% 3/1/2017 | 7,500 | 7,567 | ||||||
State of New York, Metropolitan Transportation Auth., Transportation Rev. Bond Anticipation Notes, Series 2015-B-1, 1.00% 8/1/2016 | 5,000 | 5,000 | ||||||
State of New York, Metropolitan Transportation Auth., Transportation Rev. Bond Anticipation Notes, Series 2015-B-1-G, 1.00% 8/1/2016 | 20,000 | 20,001 | ||||||
State of New York, Metropolitan Transportation Auth., Transportation Rev. Bond Anticipation Notes, Series 2016-A-1-E, 2.00% 3/1/2017 | 7,000 | 7,062 | ||||||
State of New York, Metropolitan Transportation Auth., Transportation Rev. Bond Anticipation Notes, Series 2016-A-1-F 2.00% 10/1/2016 | 10,000 | 10,026 | ||||||
State of New York, City of New York, G.O. Bonds, Series 1994-E-2, 0.39% 20201 | 6,500 | 6,500 | ||||||
State of New York, City of New York, G.O. Bonds, Series 2006-H-1, 0.39% 20361 | 11,100 | 11,100 | ||||||
State of New York, City of New York, G.O. Bonds, Series 2008-L-4, 0.40% 20381 | 5,000 | 5,000 | ||||||
State of New York, New York City Transitional Fin. Auth., Future Tax Secured Rev. Ref. Bonds, Series 2016-E-4, 0.39% 20451 | 6,100 | 6,100 | ||||||
State of New York, New York City, Transitional Fin. Auth., New York City Recovery Bonds, Fiscal Series 2003-1, Subseries 1-C, 0.39% 20221 | 5,855 | 5,855 | ||||||
State of Oregon, Full Faith and Credit Tax Anticipation Notes, Series 2015-A, 2.00% 9/15/2016 | 23,000 | 23,047 | ||||||
State of Oregon, Full Faith and Credit Tax Anticipation Notes, Series 2016-A, 2.00% 6/30/2017 | 15,000 | 15,205 | ||||||
Other securities | 82,720 | |||||||
Total short-term securities (cost: $342,907,000) | 342,996 | |||||||
Total investment securities 100.22% (cost: $4,742,868,000) | 5,103,944 | |||||||
Other assets less liabilities (0.22)% | (11,429 | ) | ||||||
Net assets 100.00% | $ | 5,092,515 |
38 | American Funds Tax-Exempt Funds |
American High-Income Municipal Bond Fund
This summary investment portfolio is designed to streamline the report and help investors better focus on the fund’s principal holdings. See the inside back cover for details on how to obtain a complete schedule of portfolio holdings.
“Other securities” includes all issues that are not disclosed separately in the summary investment portfolio.
1 | Coupon rate may change periodically. For short-term securities, the date of the next scheduled coupon rate change is considered to be the maturity date. |
2 | Acquired in a transaction exempt from registration under Rule 144A of the Securities Act of 1933. May be resold in the U.S. in transactions exempt from registration, normally to qualified institutional buyers. The total value of all such securities, including those in “Other securities,” was $343,128,000, which represented 6.74% of the net assets of the fund. |
Key to abbreviations
Agcy. = Agency
AMT = Alternative Minimum Tax
Auth. = Authority
Certs. of Part. = Certificates of Participation
Dept. = Department
Dev. = Development
Dist. = District
Econ. = Economic
Fac. = Facility
Facs. = Facilities
Fin. = Finance
Fncg. = Financing
G.O. = General Obligation
LOC = Letter of Credit
Preref. = Prerefunded
Redev. = Redevelopment
Ref. = Refunding
Rev. = Revenue
TECP = Tax-Exempt Commercial Paper
See Notes to Financial Statements
American Funds Tax-Exempt Funds | 39 |
The Tax-Exempt Fund of California
Summary investment portfolio July 31, 2016
Bonds, notes & other debt instruments 96.41% | Principal amount (000) |
Value (000) |
||||||
California 94.15% | ||||||||
State issuers 37.58% | ||||||||
Trustees of the California State University, Systemwide Rev. Bonds, Series 2016-A, 4.00% 2034 | $ | 2,000 | $ | 2,292 | ||||
Trustees of the California State University, Systemwide Rev. Bonds, Series 2016-A, 4.00% 2035 | 7,000 | 7,988 | ||||||
Trustees of the California State University, Systemwide Rev. Bonds, Series 2016-A, 4.00% 2037 | 6,645 | 7,534 | ||||||
Trustees of the California State University, Systemwide Rev. Bonds, Series 2016-B-2, 4.00% 2049 (put 2021) | 5,000 | 5,695 | ||||||
Trustees of the California State University, Systemwide Rev. Ref. Bonds, Series 2012-A, 5.00% 2027 | 3,000 | 3,659 | ||||||
Eastern Municipal Water Dist., Water and Wastewater Rev. Ref. Bonds, Series 2016-A, 5.00% 2042 | 5,900 | 7,336 | ||||||
Educational Facs. Auth., Rev. Ref. Bonds (California Lutheran University), Series 2008, 5.75% 2038 | 6,000 | 6,565 | ||||||
Educational Facs. Auth., Rev. Ref. Bonds (Chapman University), Series 2011, 5.00% 2031 | 8,615 | 9,966 | ||||||
G.O. Bonds, Series 2012-A, 0.89% 2033 (put 2018)1 | 6,500 | 6,479 | ||||||
G.O. Bonds, Series 2013-E, 1.156% 20291 | 1,500 | 1,502 | ||||||
Various Purpose G.O. Bonds, 3.00% 2016 | 21,500 | 21,503 | ||||||
Various Purpose G.O. Bonds, 4.00% 2030 (put 2021) | 3,000 | 3,420 | ||||||
Various Purpose G.O. Bonds, 5.00% 2016 | 890 | 897 | ||||||
Various Purpose G.O. Bonds, 5.00% 2016 | 700 | 706 | ||||||
Various Purpose G.O. Bonds, 5.00% 2017 | 6,000 | 6,137 | ||||||
Various Purpose G.O. Bonds, 5.00% 2033 | 4,000 | 5,000 | ||||||
Various Purpose G.O. Bonds, 5.25% 2028 | 5,000 | 6,040 | ||||||
Various Purpose G.O. Bonds, 5.25% 2028 | 2,000 | 2,410 | ||||||
Various Purpose G.O. Bonds, 5.25% 2032 | 5,000 | 6,399 | ||||||
Various Purpose G.O. Bonds, 6.00% 2038 | 7,000 | 7,952 | ||||||
Various Purpose G.O. Bonds, 6.00% 2039 | 2,000 | 2,327 | ||||||
Various Purpose G.O. Bonds, 6.50% 2033 | 5,000 | 5,775 | ||||||
Various Purpose G.O. Bonds, Series 2008, 5.00% 2017 | 2,675 | 2,746 | ||||||
Various Purpose G.O. Rev. Ref. Bonds, 4.00% 2017 | 1,000 | 1,021 | ||||||
Veterans G.O. Ref. Bonds, Series 2016-CN, 3.50% 2045 | 10,000 | 10,901 | ||||||
Golden State Tobacco Securitization Corp., Enhanced Tobacco Settlement Asset-backed Bonds, Series 2005-A, Assured Guaranty Municipal insured, 0% 2026 | 11,000 | 9,007 | ||||||
Golden State Tobacco Securitization Corp., Enhanced Tobacco Settlement Asset-backed Bonds, Series 2007-A-1, 5.125% 2047 | 5,000 | 5,001 | ||||||
Golden State Tobacco Securitization Corp., Enhanced Tobacco Settlement Asset-backed Bonds, Series 2015-A, 5.00% 2032 | 3,250 | 4,024 | ||||||
Golden State Tobacco Securitization Corp., Enhanced Tobacco Settlement Asset-backed Bonds, Series 2015-A, 5.00% 2033 | 5,265 | 6,491 | ||||||
Golden State Tobacco Securitization Corp., Enhanced Tobacco Settlement Asset-backed Bonds, Series 2015-A, 5.00% 2040 | 5,000 | 6,061 | ||||||
Golden State Tobacco Securitization Corp., Enhanced Tobacco Settlement Asset-backed Bonds, Series 2015-A, 5.00% 2045 | 6,000 | 7,246 | ||||||
Golden State Tobacco Securitization Corp., Tobacco Settlement Asset-backed Rev. Ref. Bonds, Series 2007-A-1, 5.75% 2047 | 26,225 | 26,758 | ||||||
Health Facs. Fncg. Auth., Rev. Bonds (Sutter Health), Series 2011-D, 5.25% 2031 | 2,000 | 2,396 | ||||||
Health Facs. Fncg. Auth., Rev. Ref. Bonds (Stanford Hospital and Clinics), Series 2010-B, 5.25% 2031 | 8,000 | 9,400 | ||||||
Health Facs. Fncg. Auth., Rev. Ref. Bonds (Sutter Health), Series 2008-A, 5.25% 2022 | 2,000 | 2,190 | ||||||
Health Facs. Fncg. Auth., Rev. Ref. Bonds (Sutter Health), Series 2016-A, 5.00% 2033 | 1,000 | 1,248 | ||||||
Health Facs. Fncg. Auth., Rev. Ref. Bonds (Sutter Health), Series 2016-A, 5.00% 2034 | 2,000 | 2,487 | ||||||
Health Facs. Fncg. Auth., Rev. Ref. Bonds (Sutter Health), Series 2016-A, 5.00% 2035 | 2,000 | 2,478 | ||||||
Health Facs. Fncg. Auth., Rev. Ref. Bonds (Sutter Health), Series 2016-B, 4.00% 2038 | 5,000 | 5,592 | ||||||
Health Facs. Fncg. Auth., Rev. Ref. Bonds (Sutter Health), Series 2016-B, 5.00% 2035 | 1,000 | 1,254 | ||||||
Imperial Irrigation Dist., Electric System Rev. Ref. Bonds, 5.25% 2024 | 370 | 409 | ||||||
Imperial Irrigation Dist., Electric System Rev. Ref. Bonds, 5.25% 2024 (preref. 2018) | 1,630 | 1,801 | ||||||
Imperial Irrigation Dist., Electric System Rev. Ref. Bonds, Series 2008-A, 5.00% 2033 | 2,110 | 2,320 | ||||||
Imperial Irrigation Dist., Electric System Rev. Ref. Bonds, Series 2008-A, 5.00% 2033 (preref. 2018) | 9,390 | 10,325 | ||||||
Imperial Irrigation Dist., Electric System Rev. Ref. Bonds, Series 2008-A, 5.25% 2025 | 365 | 403 |
40 | American Funds Tax-Exempt Funds |
The Tax-Exempt Fund of California
Principal amount (000) |
Value (000) |
|||||||
Imperial Irrigation Dist., Electric System Rev. Ref. Bonds, Series 2008-A, 5.25% 2025 (preref. 2018) | $ | 1,635 | $ | 1,807 | ||||
Imperial Irrigation Dist., Electric System Rev. Ref. Bonds, Series 2016-B-2, 4.00% 2032 | 1,830 | 2,100 | ||||||
Imperial Irrigation Dist., Electric System Rev. Ref. Bonds, Series 2016-B-2, 5.00% 2041 | 6,965 | 8,645 | ||||||
Infrastructure and Econ. Dev. Bank, Rev. Ref. Bonds (J. Paul Getty Trust), Series 2013-A-2, 0.846% 2047 (put 2019)1 | 10,000 | 10,005 | ||||||
Municipal Fin. Auth., Rev. Ref. Bonds (Azusa Pacific University Project), Series 2011-B, 8.00% 20412 | 8,550 | 11,291 | ||||||
Municipal Fin. Auth., Rev. Ref. Bonds (Inland Regional Center Project), 5.00% 2032 | 3,000 | 3,627 | ||||||
Municipal Fin. Auth., Rev. Ref. Bonds (Inland Regional Center Project), 5.00% 2037 | 2,000 | 2,374 | ||||||
Municipal Fin. Auth., Rev. Ref. Bonds (Inland Regional Center Project), 5.00% 2045 | 4,000 | 4,737 | ||||||
Northern California Power Agcy., Lodi Energy Center Rev. Bonds, Issue One, Series 2010-A, 5.00% 2025 | 6,000 | 6,809 | ||||||
Pollution Control Fncg. Auth., Water Furnishing Rev. Bonds (Poseidon Resources (Channelside) LP Desalination Project), Series 2012 Plant Bonds, AMT, 5.00% 20452 | 7,000 | 7,900 | ||||||
Public Works Board, Lease Rev. Bonds (Regents of the University of California, Various University of California Projects), Series 2009-E, 5.00% 2024 (preref. 2019) | 2,500 | 2,790 | ||||||
Public Works Board, Lease Rev. Bonds (Regents of the University of California, Various University of California Projects), Series 2009-E, 5.00% 2034 (preref. 2019) | 1,500 | 1,674 | ||||||
Statewide Communities Dev. Auth., Rev. Bonds (Front Porch Communities and Services Project), Series 2007-A, 5.125% 20372 | 9,500 | 9,680 | ||||||
Statewide Communities Dev. Auth., Rev. Bonds (Inland Regional Center Project), Series 2007, 5.00% 2017 (escrowed to maturity) | 1,425 | 1,479 | ||||||
Statewide Communities Dev. Auth., Rev. Bonds (Inland Regional Center Project), Series 2007, 5.25% 2027 (preref. 2017) | 2,000 | 2,127 | ||||||
Statewide Communities Dev. Auth., Rev. Bonds (Inland Regional Center Project), Series 2007, 5.375% 2037 (preref. 2017) | 6,500 | 6,928 | ||||||
Statewide Communities Dev. Auth., Rev. Bonds (John Muir Health), Series 2016-A, 4.00% 2046 | 6,500 | 7,122 | ||||||
Statewide Communities Dev. Auth., Rev. Bonds (Kaiser Permanente), Series 2012-A, 5.00% 2042 | 6,500 | 7,594 | ||||||
Statewide Communities Dev. Auth., Rev. Bonds (Sutter Health), Series 2011-A, 5.25% 2024 | 1,000 | 1,178 | ||||||
Statewide Communities Dev. Auth., Rev. Bonds (Sutter Health), Series 2011-A, 6.00% 2042 | 4,500 | 5,411 | ||||||
Statewide Communities Dev. Auth., Senior Living Rev. Ref. Bonds (Southern California Presbyterian Homes), Series 2006-A, 4.875% 2036 (preref. 2016)2 | 6,500 | 6,587 | ||||||
Regents of the University of California, Limited Project Rev. Bonds, Series 2015-I, 5.00% 2017 | 4,625 | 4,794 | ||||||
Regents of the University of California, Limited Project Rev. Bonds, Series 2016-K, 5.00% 2033 | 2,110 | 2,668 | ||||||
Regents of the University of California, Limited Project Rev. Bonds, Series 2016-K, 5.00% 2034 | 2,500 | 3,149 | ||||||
Regents of the University of California, Limited Project Rev. Bonds, Series 2016-K, 5.00% 2035 | 9,390 | 11,780 | ||||||
Regents of the University of California, Medical Center Pooled Rev. Ref. Bonds, Series 2007-C-2, National insured, 1.09% 20371 | 5,000 | 4,589 | ||||||
Regents of the University of California, Medical Center Pooled Rev. Ref. Bonds, Series 2007-C-2, National insured, 1.16% 20431 | 8,000 | 7,006 | ||||||
Other securities | 383,352 | |||||||
778,344 | ||||||||
City & county issuers 56.57% | ||||||||
Alameda Corridor Transportation Auth., Rev. Ref. Bonds, Series 2013-A, 5.00% 2025 | 1,700 | 2,106 | ||||||
Alameda Corridor Transportation Auth., Rev. Ref. Bonds, Series 2013-A, 5.00% 2026 | 6,375 | 7,843 | ||||||
Alameda Corridor Transportation Auth., Rev. Ref. Bonds, Series 2016-B, 5.00% 2034 | 2,000 | 2,457 | ||||||
Alameda Corridor Transportation Auth., Rev. Ref. Bonds, Series 2016-B, 5.00% 2035 | 3,000 | 3,670 | ||||||
Alameda Corridor Transportation Auth., Rev. Ref. Bonds, Series 2016-B, 5.00% 2036 | 1,000 | 1,217 | ||||||
Alameda Corridor Transportation Auth., Rev. Ref. Bonds, Series 2016-B, 5.00% 2037 | 1,000 | 1,216 | ||||||
Alameda Corridor Transportation Auth., Rev. Ref. Bonds, Series 2016-B, Assured Guaranty Municipal insured, 4.00% 2035 | 2,500 | 2,787 | ||||||
Alameda Corridor Transportation Auth., Rev. Ref. Bonds, Series 2016-B, Assured Guaranty Municipal insured, 4.00% 2037 | 2,000 | 2,219 |
American Funds Tax-Exempt Funds | 41 |
The Tax-Exempt Fund of California
Bonds, notes & other debt instruments (continued) | Principal amount (000) |
Value (000) |
||||||
California (continued) | ||||||||
City & county issuers (continued) | ||||||||
Alameda Corridor Transportation Auth., Rev. Ref. Bonds, Series 2016-B, Assured Guaranty Municipal insured, 5.00% 2036 | $ | 1,500 | $ | 1,841 | ||||
Baldwin Park Unified School Dist. (Los Angeles County), G.O. Rev. Ref. Bonds, Series 2016, Assured Guaranty Municipal insured, 4.00% 2031 | 6,420 | 7,360 | ||||||
Assn. of Bay Area Governments, Fin. Auth. for Nonprofit Corps., Insured Rev. Ref. Bonds (Casa de las Campanas, Inc.), Series 2010, 6.00% 2037 | 6,000 | 7,090 | ||||||
Bay Area Toll Auth., San Francisco Bay Area Toll Bridge Rev. Ref. Bonds, Series 2006-C-1, 1.34% 2045 (put 2023)1 | 2,000 | 1,999 | ||||||
Bay Area Toll Auth., San Francisco Bay Area Toll Bridge Rev. Ref. Bonds, Series 2008-B-1, 1.54% 2045 (put 2024)1 | 7,500 | 7,579 | ||||||
Bay Area Toll Auth., San Francisco Bay Area Toll Bridge Rev. Ref. Bonds, Series 2008-F-1, 5.00% 2039 (preref. 2018) | 2,000 | 2,149 | ||||||
Bay Area Toll Auth., San Francisco Bay Area Toll Bridge Rev. Ref. Bonds, Series 2008-F-1, 5.125% 2047 (preref. 2018) | 6,000 | 6,459 | ||||||
Bay Area Toll Auth., San Francisco Bay Area Toll Bridge Rev. Ref. Bonds, Series 2009-F-1, 5.125% 2039 (preref. 2019) | 2,000 | 2,240 | ||||||
Bay Area Toll Auth., San Francisco Bay Area Toll Bridge Rev. Ref. Bonds, Series 2009-F-1, 5.625% 2044 (preref. 2019) | 1,670 | 1,893 | ||||||
Bay Area Toll Auth., San Francisco Bay Area Toll Bridge Rev. Ref. Bonds, Series 2014-B, 1.50% 2047 | 3,950 | 3,988 | ||||||
Bay Area Toll Auth., San Francisco Bay Area Toll Bridge Rev. Ref. Bonds, Series 2014-F-1, 5.00% 2054 | 5,000 | 5,941 | ||||||
Bay Area Toll Auth., San Francisco Bay Area Toll Bridge Rev. Ref. Bonds, Series 2014-G, 1.04% 2034 (put 2020)1 | 2,750 | 2,739 | ||||||
Bay Area Toll Auth., San Francisco Bay Area Toll Bridge Rev. Ref. Bonds, Series 2014-H, 1.14% 2034 (put 2021)1 | 4,000 | 3,982 | ||||||
Chabot-Las Positas Community College Dist. (Alameda and Contra Costa Counties), G.O. Rev. Ref. Bonds, Series 2016, 4.00% 2034 | 9,940 | 11,366 | ||||||
Coachella Valley Unified School Dist., G.O. Bonds (Riverside and Imperial Counties), 2005 Election, Series 2016-E, Assured Guaranty Municipal insured, 4.00% 2045 | 6,555 | 7,310 | ||||||
Foothill/Eastern Transportation Corridor Agcy., Toll Road Rev. Ref. Bonds, Series 2013-A, 6.00% 2053 | 7,500 | 9,106 | ||||||
Foothill/Eastern Transportation Corridor Agcy., Toll Road Rev. Ref. Bonds, Series 2014-A, 6.00% 2049 | 5,800 | 7,042 | ||||||
Oakland Unified School Dist., (County of Alameda), G.O. Bonds, Series 2015-A, 5.00% 2040 | 5,550 | 6,618 | ||||||
Pasadena Unified School Dist. (Los Angeles County), 2008 Election G.O. Bonds, Series 2016, 4.00% 2032 | 5,000 | 5,824 | ||||||
Pasadena Unified School Dist. (Los Angeles County), 2008 Election G.O. Bonds, Series 2016, 4.00% 2034 | 5,040 | 5,768 | ||||||
Pasadena Unified School Dist. (Los Angeles County), 2008 Election G.O. Bonds, Series 2016, 4.00% 2035 | 15,940 | 18,151 | ||||||
Pasadena Unified School Dist. (Los Angeles County), 2008 Election G.O. Bonds, Series 2016, 4.00% 2036 | 2,250 | 2,545 | ||||||
Sacramento County Sanitation Districts Fncg. Auth., Rev. Ref. Bonds (Sacramento Regional County Sanitation Dist.), Series 2007-B, FGIC-National insured, 0.981% 20351 | 13,500 | 12,582 | ||||||
City of San Buenaventura, Rev. Bonds (Community Memorial Health System), Series 2011, 7.50% 2041 | 10,825 | 13,523 | ||||||
San Diego Unified School Dist., G.O. Rev. Ref. Bonds, Series 2016-R-5, 4.00% 2029 | 6,500 | 7,735 | ||||||
Airport Commission, City and County of San Francisco, San Francisco International Airport, Second Series Rev. Bonds, Series 2009-E, 6.00% 2039 | 3,000 | 3,432 | ||||||
Airport Commission, City and County of San Francisco, San Francisco International Airport, Second Series Rev. Ref. Bonds, Series 2016-A, 5.00% 2029 | 1,375 | 1,768 | ||||||
Airport Commission, City and County of San Francisco, San Francisco International Airport, Second Series Rev. Ref. Bonds, Issue 34-E, AMT, 5.75% 2019 | 3,500 | 3,816 | ||||||
Airport Commission, City and County of San Francisco, San Francisco International Airport, Second Series Rev. Ref. Bonds, Series 2009-A, 4.90% 2029 | 5,000 | 5,637 | ||||||
Airport Commission, City and County of San Francisco, San Francisco International Airport, Second Series Rev. Ref. Bonds, Series 2010-F, 5.00% 2040 | 3,000 | 3,402 | ||||||
Airport Commission, City and County of San Francisco, San Francisco International Airport, Second Series Rev. Ref. Bonds, Series 2011-F, AMT, 5.00% 2028 | 2,630 | 3,070 | ||||||
Airport Commission, City and County of San Francisco, San Francisco International Airport, Second Series Rev. Ref. Bonds, Series 2012-A, AMT, 5.00% 2028 | 1,000 | 1,188 |
42 | American Funds Tax-Exempt Funds |
The Tax-Exempt Fund of California
Principal amount (000) |
Value (000) |
|||||||
Airport Commission, City and County of San Francisco, San Francisco International Airport, Second Series Rev. Ref. Bonds, Series 2012-A, AMT, 5.00% 2030 | $ | 1,000 | $ | 1,168 | ||||
City and County of San Francisco, Redev. Fin. Auth., Tax Allocation Rev. Bonds (Mission Bay North Redev. Project), Series 2011-C, 6.75% 2033 | 500 | 632 | ||||||
City and County of San Francisco, Redev. Fin. Auth., Tax Allocation Rev. Bonds (Mission Bay North Redev. Project), Series 2011-C, 6.75% 2041 | 1,875 | 2,369 | ||||||
City and County of San Francisco, Redev. Fin. Auth., Tax Allocation Rev. Bonds (Mission Bay North Redev. Project-Infrastructure), Series 2006-B, RADIAN insured, 5.00% 2036 | 5,000 | 5,001 | ||||||
City and County of San Francisco, Redev. Fin. Auth., Tax Allocation Rev. Bonds (Mission Bay South Redev. Project), Series 2009-D, 6.50% 2030 | 975 | 1,145 | ||||||
City and County of San Francisco, Redev. Fin. Auth., Tax Allocation Rev. Bonds (Mission Bay South Redev. Project), Series 2011-D, 7.00% 2033 | 810 | 1,032 | ||||||
City and County of San Francisco, Redev. Fin. Auth., Tax Allocation Rev. Bonds (Mission Bay South Redev. Project), Series 2011-D, 7.00% 2041 | 2,500 | 3,186 | ||||||
City and County of San Francisco, Redev. Fin. Auth., Tax Allocation Rev. Bonds (Mission Bay South Redev. Project), Series 2014-A, 5.00% 2043 | 2,100 | 2,472 | ||||||
City and County of San Francisco, Redev. Fin. Auth., Tax Allocation Rev. Bonds (Mission Bay South Redev. Project), Series 2016-B, 5.00% 2031 | 425 | 530 | ||||||
City and County of San Francisco, Redev. Fin. Auth., Tax Allocation Rev. Bonds (Mission Bay South Redev. Project), Series 2016-C, 5.00% 2033 | 1,000 | 1,239 | ||||||
City and County of San Francisco, Redev. Fin. Auth., Tax Allocation Rev. Bonds (Mission Bay South Redev. Project), Series 2016-C, 5.00% 2034 | 650 | 805 | ||||||
City and County of San Francisco, Redev. Fin. Auth., Tax Allocation Rev. Bonds (Mission Bay South Redev. Project), Series 2016-C, National insured, 5.00% 2041 | 2,100 | 2,606 | ||||||
Public Utilities Commission of the City and County of San Francisco, Wastewater Rev. Green Bonds, Series 2016-A, 4.00% 2037 | 6,575 | 7,425 | ||||||
City of San Jose, Airport Rev. Ref. Bonds, Series 2011-A-1, AMT, 5.50% 2030 | 8,000 | 9,392 | ||||||
School Facs. Improvement Dist. No. 2007-1 of the Poway Unified School Dist., G.O. Bonds (San Diego County), Election 2008, 0% 2035 | 12,850 | 7,400 | ||||||
Tobacco Securitization Auth. of Southern California, Tobacco Settlement Asset-backed Rev. Ref. Bonds (San Diego County Tobacco Asset Securitization Corp.), Series 2006-A, 5.125% 2046 | 7,800 | 7,801 | ||||||
Victor Valley Union High School Dist., G.O. Rev. Ref. Bonds, Series 2016-A, BAM insured, 4.00% 2032 | 7,500 | 8,583 | ||||||
City of Whittier, Health Fac. Rev. Bonds (PIH Health), Series 2014, 5.00% 2044 | 9,000 | 10,561 | ||||||
Other securities | 889,408 | |||||||
1,171,413 | ||||||||
Puerto Rico 1.40% | ||||||||
Highways and Transportation Auth., Transportation Rev. Ref. Bonds, Series 2007-N, Assured Guaranty insured, 5.25% 2036 | 6,590 | 6,998 | ||||||
Industrial, Tourist, Educational, Medical and Environmental Control Facs. Fncg. Auth., Hospital Rev. and Rev. Ref. Bonds (Hospital Auxilio Mutuo Obligated Group Project), Series 2011-A, 6.00% 2033 | 7,150 | 7,369 | ||||||
Other securities | 14,753 | |||||||
29,120 | ||||||||
Other U.S. territories 0.86% | ||||||||
Other securities | 17,719 | |||||||
Total bonds, notes & other debt instruments (cost: $1,846,948,000) | 1,996,596 | |||||||
Short-term securities 3.00% | ||||||||
G.O. Bonds, Series 2009-A-10, 0.42% 20341 | 2,000 | 2,000 | ||||||
Various Purpose G.O. Commercial Paper, Series 2016-A-2, 0.42% 8/4/2016 | 3,000 | 3,000 | ||||||
Educational Facs. Auth., Higher Education Commercial Paper, Series 2016-S-1, 0.47% 9/6/2016 | 17,000 | 17,000 | ||||||
Various Purpose G.O. Bonds, 2.00% 8/1/2016 | 10,000 | 10,001 | ||||||
Various Purpose G.O. Commercial Paper, Series 2016-A-5, 0.43% 9/6/2016 | 4,000 | 4,000 |
American Funds Tax-Exempt Funds | 43 |
The Tax-Exempt Fund of California
Short-term securities (continued) | Principal amount (000) |
Value (000) |
||||||
County of Los Angeles, 2016-17 Tax and Rev. Anticipation Notes, 3.00% 6/30/2017 | $ | 15,000 | $ | 15,346 | ||||
Regents of the University of California, General Rev. Bonds, Series 2013-AL-1, 0.41% 20481 | 5,600 | 5,600 | ||||||
Other securities | 5,195 | |||||||
Total short-term securities (cost: $62,112,000) | 62,142 | |||||||
Total investment securities 99.41% (cost: $1,909,060,000) | 2,058,738 | |||||||
Other assets less liabilities 0.59% | 12,130 | |||||||
Net assets 100.00% | $ | 2,070,868 |
This summary investment portfolio is designed to streamline the report and help investors better focus on the fund’s principal holdings. See the inside back cover for details on how to obtain a complete schedule of portfolio holdings.
“Other securities” includes all issues that are not disclosed separately in the summary investment portfolio.
1 | Coupon rate may change periodically. For short-term securities, the date of the next scheduled coupon rate change is considered to be the maturity date. |
2 | Acquired in a transaction exempt from registration under Rule 144A of the Securities Act of 1933. May be resold in the U.S. in transactions exempt from registration, normally to qualified institutional buyers. The total value of all such securities, including those in “Other securities,” was $58,092,000, which represented 2.81% of the net assets of the fund. |
Key to abbreviations
Agcy. = Agency
AMT = Alternative Minimum Tax
Auth. = Authority
Certs. of Part. = Certificates of Participation
Dept. = Department
Dev. = Development
Dist. = District
Econ. = Economic
Fac. = Facility
Facs. = Facilities
Fin. = Finance
Fncg. = Financing
G.O. = General Obligation
LOC = Letter of Credit
Preref. = Prerefunded
Redev. = Redevelopment
Ref. = Refunding
Rev. = Revenue
TECP = Tax-Exempt Commercial Paper
See Notes to Financial Statements
44 | American Funds Tax-Exempt Funds |
American Funds Tax-Exempt Fund of New York
Summary investment portfolio July 31, 2016
Bonds, notes & other debt instruments 96.91% | Principal amount (000) |
Value (000) |
||||||
New York 93.41% | ||||||||
State issuers 50.30% | ||||||||
Dobbs Ferry Local Dev. Corp., Rev. Bonds, Series 2014, 5.00% 2039 | $ | 1,625 | $ | 1,918 | ||||
Dobbs Ferry Local Dev. Corp., Rev. Bonds, Series 2014, 5.00% 2044 | 500 | 587 | ||||||
Dormitory Auth. of the State of New York, School Districts Rev. Bond Fncg. Program Rev. Bonds, Series 2013-E, Assured Guaranty Municipal insured, 5.00% 2022 | 1,000 | 1,229 | ||||||
Dormitory Auth., Cornell University, Rev. Bonds, Series 2016-A, 5.00% 2033 | 1,000 | 1,276 | ||||||
Dormitory Auth., Fordham University, Rev. Bonds, Series 2011-A, 5.50% 2036 | 1,000 | 1,206 | ||||||
Dormitory Auth., Fordham University, Rev. Bonds, Series 2016-A, 5.00% 2036 | 1,000 | 1,237 | ||||||
Dormitory Auth., Icahn School of Medicine at Mount Sinai, Rev. Bonds, Series 2015-A, 5.00% 2031 | 500 | 613 | ||||||
Dormitory Auth., Icahn School of Medicine at Mount Sinai, Rev. Bonds, Series 2015-A, 5.00% 2035 | 1,000 | 1,211 | ||||||
Dormitory Auth., Icahn School of Medicine at Mount Sinai, Rev. Bonds, Series 2015-A, 5.00% 2040 | 250 | 302 | ||||||
Dormitory Auth., Mount Sinai School of Medicine of New York University, Rev. Ref. Bonds, Series 2010-A, 5.00% 2021 | 1,000 | 1,149 | ||||||
Dormitory Auth., New School Rev. Bonds, Series 2010, 5.25% 2021 | 500 | 580 | ||||||
Dormitory Auth., New School Rev. Bonds, Series 2010, 5.50% 2040 | 500 | 581 | ||||||
Dormitory Auth., New School Rev. Bonds, Series 2015-A, 5.00% 2032 | 1,000 | 1,216 | ||||||
Dormitory Auth., New York University Rev. Bonds, Series 2016-A, 5.00% 2039 | 1,000 | 1,242 | ||||||
Dormitory Auth., North Shore-Long Island Jewish Obligated Group, Rev. Ref. Bonds, Series 2011-A, 5.00% 2032 | 1,500 | 1,746 | ||||||
Dormitory Auth., NYU Hospitals Center Rev. Bonds, 5.00% 2022 | 200 | 243 | ||||||
Dormitory Auth., NYU Hospitals Center Rev. Bonds, 5.00% 2034 | 1,000 | 1,207 | ||||||
Dormitory Auth., NYU Hospitals Center Rev. Bonds, Series 2011-A, 6.00% 2040 (preref. 2020) | 1,000 | 1,204 | ||||||
Dormitory Auth., NYU Hospitals Center Rev. Bonds, Series 2016-A, 4.00% 2040 | 505 | 563 | ||||||
Dormitory Auth., NYU Hospitals Center Rev. Bonds, Series 2016-A, 5.00% 2027 | 200 | 256 | ||||||
Dormitory Auth., NYU Hospitals Center Rev. Bonds, Series 2016-A, 5.00% 2033 | 400 | 499 | ||||||
Dormitory Auth., Pratt Institute, Rev. Bonds, Series 2016, 5.00% 2039 | 650 | 797 | ||||||
Dormitory Auth., School Districts Rev. Bond Fncg. Program Rev. Bonds, Series 2016-A, 5.00% 2022 | 1,000 | 1,222 | ||||||
Dormitory Auth., School Districts Rev. Bond Fncg. Program Rev. Bonds, Series 2016-A, 5.00% 2033 | 1,000 | 1,249 | ||||||
Dormitory Auth., School Districts Rev. Bond Fncg. Program Rev. Bonds, Series 2016-E, 5.00% 2026 | 500 | 649 | ||||||
Dormitory Auth., School Districts Rev. Bond Fncg. Program Rev. Ref. Bonds, Series 2011-A, 5.00% 2024 | 500 | 594 | ||||||
Dormitory Auth., Skidmore College Rev. Bonds, Series 2011-A, 5.50% 2041 | 1,420 | 1,683 | ||||||
Dormitory Auth., State Personal Income Tax Rev. Bonds (Education), Series 2008-A, 5.00% 2016 | 1,425 | 1,450 | ||||||
Dormitory Auth., State Personal Income Tax Rev. Bonds (Education), Series 2014-E, 5.00% 2017 | 845 | 866 | ||||||
Dormitory Auth., State Personal Income Tax Rev. Bonds (Education), Series 2014-E, 5.00% 2032 | 750 | 927 | ||||||
Environmental Facs. Corp., Solid Waste Disposal Rev. Ref. Bonds (Waste Management, Inc. Project), Series 2012, AMT, 0.85% 2030 (put 2016)1 | 3,250 | 3,250 | ||||||
Environmental Facs. Corp., Solid Waste Disposal Rev. Ref. Bonds (Waste Management, Inc. Project), Series 2013-A, 2.75% 2017 | 1,000 | 1,019 | ||||||
Hudson Yards Infrastructure Corp., Rev. Bonds, Fiscal 2007 Series A, 5.00% 2047 | 825 | 844 | ||||||
Hudson Yards Infrastructure Corp., Rev. Bonds, Fiscal 2012 Series A, 5.25% 2047 | 1,000 | 1,152 | ||||||
Hudson Yards Infrastructure Corp., Rev. Bonds, Fiscal 2012 Series A, 5.75% 2047 | 1,000 | 1,183 | ||||||
Liberty Dev. Corp., Liberty Rev. Ref. Bonds (3 World Trade Center Project), Series 2014, Class 2, 5.15% 20342 | 1,250 | 1,411 | ||||||
Liberty Dev. Corp., Liberty Rev. Ref. Bonds (3 World Trade Center Project), Series 2014, Class 2, 5.375% 20402 | 350 | 409 | ||||||
Liberty Dev. Corp., Liberty Rev. Ref. Bonds (3 World Trade Center Project), Series 2014, Class 3, 7.25% 20442 | 375 | 495 | ||||||
Liberty Dev. Corp., Liberty Rev. Ref. Bonds (4 World Trade Center Project), Series 2011, 5.00% 2031 | 1,500 | 1,767 | ||||||
Liberty Dev. Corp., Liberty Rev. Ref. Bonds (Bank of America Tower at One Bryant Park Project), Series 2010, 6.375% 2049 | 1,500 | 1,708 | ||||||
Liberty Dev. Corp., Rev. Bonds (Goldman Sachs Headquarters Issue), Series 2005, 5.25% 2035 | 1,000 | 1,349 | ||||||
American Funds Tax-Exempt Funds | 45 |
American Funds Tax-Exempt Fund of New York
Bonds, notes & other debt instruments (continued) | Principal amount (000) |
Value (000) |
||||||
New York (continued) | ||||||||
State issuers (continued) | ||||||||
Metropolitan Transportation Auth., Dedicated Tax Fund Bonds, Series 2004-C, AMBAC insured, 5.50% 2017 | $ | 1,000 | $ | 1,064 | ||||
Metropolitan Transportation Auth., Dedicated Tax Fund Rev. Ref. Bonds, Series 2002-B-3D, 1.44% 20201 | 2,000 | 2,018 | ||||||
Metropolitan Transportation Auth., Dedicated Tax Fund Rev. Ref. Bonds, Series 2008-A-2A, 0.82% 2026 (put 2017)1 | 490 | 489 | ||||||
Metropolitan Transportation Auth., Transportation Rev. Bonds, Series 2012-E, 5.00% 2031 | 1,000 | 1,212 | ||||||
Metropolitan Transportation Auth., Transportation Rev. Bonds, Series 2012-F, 5.00% 2016 | 1,000 | 1,014 | ||||||
Metropolitan Transportation Auth., Transportation Rev. Bonds, Series 2014-B, 5.00% 2044 | 500 | 601 | ||||||
Metropolitan Transportation Auth., Transportation Rev. Bonds, Series 2014-D-1, 5.00% 2039 | 250 | 305 | ||||||
Metropolitan Transportation Auth., Transportation Rev. Bonds, Series 2015-A-2, 1.02% 2039 (put 2020)1 | 500 | 497 | ||||||
Metropolitan Transportation Auth., Transportation Rev. Bonds, Series 2015-C-1, 5.00% 2035 | 1,750 | 2,142 | ||||||
Metropolitan Transportation Auth., Transportation Rev. Bonds, Series 2015-C-1, 5.25% 2030 | 280 | 360 | ||||||
Metropolitan Transportation Auth., Transportation Rev. Bonds, Series 2016-C-1, 4.00% 2041 | 1,000 | 1,116 | ||||||
Metropolitan Transportation Auth., Transportation Rev. Bonds, Series 2016-C-1, 5.00% 2036 | 500 | 616 | ||||||
Metropolitan Transportation Auth., Transportation Rev. Ref. Bonds, Series 2002-G-1H, 1.163% 2026 (put 2016)1 | 715 | 715 | ||||||
Metropolitan Transportation Auth., Transportation Rev. Ref. Bonds, Series 2016-B, 4.00% 2036 | 1,000 | 1,121 | ||||||
Mortgage Agcy., Homeowner Mortgage Rev. Bonds, Series 178, 3.50% 2043 | 440 | 454 | ||||||
Mortgage Agcy., Homeowner Mortgage Rev. Bonds, Series 191, 3.50% 2034 | 660 | 692 | ||||||
Mortgage Agcy., Homeowner Mortgage Rev. Bonds, Series 194, AMT, 3.50% 2035 | 750 | 795 | ||||||
Mortgage Agcy., Homeowner Mortgage Rev. Bonds, Series 195, 4.00% 2046 | 1,475 | 1,622 | ||||||
Mortgage Agcy., Homeowner Mortgage Rev. Bonds, Series 197, 3.50% 2044 | 900 | 979 | ||||||
Mortgage Agcy., Homeowner Mortgage Rev. Bonds, Series 52, AMT, 3.50% 2030 | 1,100 | 1,176 | ||||||
Mortgage Agcy., Mortgage Rev. Bonds, Series 46, 5.00% 2029 | 135 | 140 | ||||||
Mortgage Agcy., Mortgage Rev. Ref. Bonds, Series 45, 4.50% 2029 | 335 | 348 | ||||||
Mortgage Agcy., Mortgage Rev. Ref. Bonds, Series 48, 2.625% 2041 | 625 | 642 | ||||||
Port Auth., Consolidated Bonds, Series 147, AMT, FGIC-National insured, 5.00% 2021 | 500 | 515 | ||||||
Port Auth., Consolidated Bonds, Series 166, 5.00% 2031 | 1,000 | 1,171 | ||||||
Port Auth., Consolidated Rev. Ref. Bonds, Series 167, AMT, 5.00% 2025 | 1,000 | 1,150 | ||||||
Port Auth., Consolidated Rev. Ref. Bonds, Series 172, AMT, 5.00% 2034 | 500 | 576 | ||||||
Port Auth., Consolidated Rev. Ref. Bonds, Series 186, AMT, 5.00% 2044 | 500 | 594 | ||||||
Power Auth. of the State of New York, Rev. Ref. Bonds, Series 2011-A, 5.00% 2038 | 1,500 | 1,779 | ||||||
Thruway Auth., General Rev. Bonds, Series 2014-J, 5.00% 2027 | 1,000 | 1,241 | ||||||
Thruway Auth., General Rev. Junior Indebtedness Obligations, Series 2013-A, 5.00% 2019 | 250 | 280 | ||||||
Thruway Auth., General Rev. Junior Indebtedness Obligations, Series 2016-A, 5.00% 2051 | 650 | 781 | ||||||
Thruway Auth., General Rev. Junior Indebtedness Obligations, Series 2016-A, 5.25% 2056 | 250 | 309 | ||||||
Transportation Dev. Corp., Special Fac. Rev. Ref. Bonds (American Airlines, Inc. John F. Kennedy International Airport Project), Series 2016, AMT, 5.00% 2031 | 2,250 | 2,470 | ||||||
Transportation Dev. Corp., Special Facs. Bonds (LaGuardia Airport Terminal B Redev. Project), Series 2016-A, AMT, 5.00% 2034 | 500 | 583 | ||||||
Transportation Dev. Corp., Special Facs. Bonds (LaGuardia Airport Terminal B Redev. Project), Series 2016-A, AMT, 5.00% 2041 | 500 | 575 | ||||||
Transportation Dev. Corp., Special Facs. Bonds (LaGuardia Airport Terminal B Redev. Project), Series 2016-A, AMT, 5.00% 2046 | 300 | 345 | ||||||
Transportation Dev. Corp., Special Facs. Bonds (LaGuardia Airport Terminal B Redev. Project), Series 2016-A, AMT, 5.25% 2050 | 1,200 | 1,395 | ||||||
Triborough Bridge and Tunnel Auth. (MTA Bridges and Tunnels), General Rev. Bonds, Series 2010-A-1, 5.00% 2019 | 1,000 | 1,143 | ||||||
Triborough Bridge and Tunnel Auth. (MTA Bridges and Tunnels), General Rev. Ref. Bonds, Series 2015-B-4A, 0.613% 2028 (put 2016)1 | 1,040 | 1,039 | ||||||
Triborough Bridge and Tunnel Auth. (MTA Bridges and Tunnels), General Rev. Ref. Bonds, Series 2000-ABCD-5, Assured Guaranty Municipal insured, 0.88% 20191 | 500 | 498 | ||||||
Urban Dev. Corp., Rev. Bonds (General Purpose), Series 2014-A, 5.00% 2027 | 1,500 | 1,892 | ||||||
Urban Dev. Corp., Rev. Bonds (General Purpose), Series 2014-A, 5.00% 2034 | 500 | 608 | ||||||
Urban Dev. Corp., State Personal Income Tax Rev. Bonds (General Purpose), Series 2016-A, 5.00% 2032 | 1,000 | 1,255 | ||||||
46 | American Funds Tax-Exempt Funds |
American Funds Tax-Exempt Fund of New York
Principal amount (000) |
Value (000) |
|||||||
Urban Dev. Corp., State Personal Income Tax Rev. Bonds (General Purpose), Series 2016-A, 5.00% 2035 | $ | 300 | $ | 371 | ||||
Urban Dev. Corp., State Personal Income Tax Rev. Bonds (State Facs. and Equipment), Series 2009-B-1, 5.25% 2038 | 1,000 | 1,108 | ||||||
Other securities | 19,184 | |||||||
105,069 | ||||||||
City & county issuers 43.11% | ||||||||
Buffalo and Erie County, Industrial Land Dev. Corp., Rev. Bonds (Buffalo State College Foundation Housing Corp. Project), Series 2011-A, 5.375% 2041 | 1,400 | 1,623 | ||||||
Buffalo and Erie County, Industrial Land Dev. Corp., Obligated Group Rev. Bonds (Catholic Health System, Inc. Project), Series 2015, 5.00% 2040 | 1,050 | 1,239 | ||||||
Dutchess County Local Dev. Corp., Rev. Bonds (Health Quest Systems, Inc. Project), Series 2016-B, 4.00% 2041 | 850 | 928 | ||||||
Dutchess County Local Dev. Corp., Rev. Bonds (Health Quest Systems, Inc. Project), Series 2016-B, 5.00% 2046 | 500 | 604 | ||||||
Dutchess County Local Dev. Corp., Rev. Ref. Bonds (Health Quest Systems, Inc. Project), Series 2010, 5.75% 2030 | 500 | 579 | ||||||
Dutchess County Local Dev. Corp., Rev. Ref. Bonds (Health Quest Systems, Inc. Project), Series 2010, 5.75% 2040 | 1,000 | 1,155 | ||||||
Dutchess County Local Dev. Corp., Rev. Ref. Bonds (Health Quest Systems, Inc. Project), Series 2014-A, 5.00% 2028 | 430 | 522 | ||||||
Erie County, Industrial Dev. Agcy., School Fac. Rev. Bonds (City School Dist. of the City of Buffalo Project), Series 2011-A, 5.25% 2025 | 500 | 598 | ||||||
Erie County, Industrial Dev. Agcy., School Fac. Rev. Ref. Bonds (City School Dist. of the City of Buffalo Project), Series 2012-A, 5.00% 2021 | 500 | 593 | ||||||
Erie County, Industrial Dev. Agcy., School Fac. Rev. Ref. Bonds (City School Dist. of the City of Buffalo Project), Series 2013-A, 5.00% 2027 | 790 | 972 | ||||||
Various Purpose G.O. Bonds, Series 2014-A, 5.00% 2028 | 1,250 | 1,527 | ||||||
Various Purpose G.O. Bonds, Series 2016-A, 5.00% 2027 | 850 | 1,074 | ||||||
Various Purpose G.O. Bonds, Series 2016-B, 5.00% 2025 | 1,000 | 1,270 | ||||||
Town of Hempstead Local Dev. Corp., Rev. Bonds (Hofstra University Project), Series 2011, 5.00% 2027 | 1,300 | 1,505 | ||||||
Town of Hempstead Local Dev. Corp., Rev. Bonds (Hofstra University Project), Series 2011, 5.00% 2041 | 800 | 924 | ||||||
Long Island Power Auth., Electric System General Rev. Bonds, Series 2011-A, 5.00% 2038 | 500 | 566 | ||||||
Long Island Power Auth., Electric System General Rev. Bonds, Series 2014-A, 5.00% 2044 | 1,240 | 1,478 | ||||||
Long Island Power Auth., Electric System General Rev. Bonds, Series 2014-C, 0.977% 2033 (put 2018)1 | 1,000 | 1,000 | ||||||
Long Island Power Auth., Electric System General Rev. Bonds, Series 2015-B, 5.00% 2035 | 1,215 | 1,474 | ||||||
Long Island Power Auth., Electric System General Rev. Bonds, Series 2015-B, 5.00% 2038 | 750 | 906 | ||||||
Long Island Power Auth., Electric System General Rev. Bonds, Series 2015-C, 1.207% 2033 (put 2018)1 | 300 | 301 | ||||||
Nassau County, Tobacco Settlement Corp., Tobacco Settlement Asset-Backed Current Interest Bonds, Series 2006-A-3, 5.125% 2046 | 2,000 | 1,987 | ||||||
Nassau County, G.O. General Improvement Bonds, 2016 Ref. Series A, 5.00% 2030 | 1,795 | 2,222 | ||||||
Nassau County, G.O. General Improvement Bonds, Series 2016-B, 5.00% 2023 | 750 | 924 | ||||||
City of New York, G.O. Bonds, Fiscal 2014, Series 2013-G, 5.00% 2016 | 1,000 | 1,000 | ||||||
City of New York, G.O. Bonds, Series 2008-J-4, 0.99% 20251 | 1,500 | 1,500 | ||||||
City of New York, G.O. Bonds, Series 2008-L-1, 5.00% 2023 | 1,000 | 1,074 | ||||||
City of New York, G.O. Bonds, Series 2011-I-1, 5.00% 2016 | 750 | 750 | ||||||
City of New York, G.O. Bonds, Series 2013-J, 5.00% 2016 | 2,500 | 2,501 | ||||||
City of New York, G.O. Bonds, Series 2015-A, 5.00% 2026 | 1,000 | 1,294 | ||||||
City of New York, G.O. Bonds, Series 2015-C, 5.00% 2028 | 500 | 630 | ||||||
City of New York, G.O. Bonds, Series 2015-C, 5.00% 2033 | 1,000 | 1,229 | ||||||
City of New York, G.O. Bonds, Series 2016-C, 5.00% 2031 | 1,500 | 1,888 | ||||||
New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2011 Series C, 5.25% 2025 | 1,000 | 1,184 | ||||||
New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2017 Series 2016-A-1, 5.00% 2035 | 2,000 | 2,485 | ||||||
New York City Transitional Fin. Auth., Future Tax Secured Bonds, Series 2015-C, 5.00% 2027 | 750 | 959 | ||||||
New York City Transitional Fin. Auth., Future Tax Secured Rev. Ref. Bonds, Fiscal 2010 Series D, 5.00% 2023 | 1,000 | 1,157 |
American Funds Tax-Exempt Funds | 47 |
American Funds Tax-Exempt Fund of New York
Bonds, notes & other debt instruments (continued) | Principal amount (000) |
Value (000) |
||||||
New York (continued) | ||||||||
City & county issuers (continued) | ||||||||
New York City Transitional Fin. Auth., Future Tax Secured Rev. Ref. Bonds, Series 2015-A-1, 5.00% 2037 | $ | 500 | $ | 613 | ||||
New York City Transitional Fin. Auth., Future Tax Secured Rev. Ref. Bonds, Series 2015-C, 5.00% 2026 | 1,000 | 1,304 | ||||||
New York City, Housing Dev. Corp. Multi-Family Rev. Bonds (8 Spruce Street), Series 2014-E, 3.50% 2048 | 1,670 | 1,734 | ||||||
New York City, Housing Dev. Corp. Multi-Family Rev. Bonds (8 Spruce Street), Series 2014-F, 4.50% 2048 | 500 | 538 | ||||||
New York City, Industrial Dev. Agcy., Special Fac. Rev. Bonds (American Airlines, Inc. John F. Kennedy International Airport Project), AMT, 2.00% 2028 | 200 | 200 | ||||||
New York City, Industrial Dev. Agcy., Special Fac. Rev. Bonds (American Airlines, Inc. John F. Kennedy International Airport Project), Series 2005, AMT, 7.625% 2025 | 1,500 | 1,515 | ||||||
New York City, Municipal Water Fin. Auth., Water and Sewer System Second General Resolution Rev. Bonds, Series 2011-EE, 5.375% 2043 | 1,000 | 1,184 | ||||||
New York City, Municipal Water Fin. Auth., Water and Sewer System Second General Resolution Rev. Bonds, Series 2014-EE, 5.00% 2045 | 500 | 602 | ||||||
New York City, Municipal Water Fin. Auth., Water and Sewer System Second General Resolution Rev. Bonds, Series 2015-HH, 5.00% 2039 | 500 | 611 | ||||||
Trust for Cultural Resources of the City of New York, Rev. Bonds (Juilliard School), Series 2009-B, 1.35% 2036 (put 2017) | 1,500 | 1,510 | ||||||
Trust for Cultural Resources of the City of New York, Rev. Bonds (The Museum of Modern Art), Series 2016-1-E, 4.00% 2028 | 1,500 | 1,804 | ||||||
Niagara Frontier Transportation Auth., Airport Rev. Ref. Bonds (Buffalo Niagara International Airport), Series 2014-A, AMT, 5.00% 2027 | 600 | 710 | ||||||
Niagara Frontier Transportation Auth., Airport Rev. Ref. Bonds (Buffalo Niagara International Airport), Series 2014-A, AMT, 5.00% 2028 | 500 | 587 | ||||||
Niagara Frontier Transportation Auth., Airport Rev. Ref. Bonds (Buffalo Niagara International Airport), Series 2014-A, AMT, 5.00% 2029 | 700 | 820 | ||||||
Onondaga County, Resource Recovery Agcy., Rev. Ref. Bonds, Series 2015-A, AMT, Assured Guaranty Municipal insured, 5.00% 2030 | 1,750 | 2,065 | ||||||
Southold Local Dev. Corporation, Rev. Bonds (Peconic Landing at Southold, Inc. Project), Series 2015, 5.00% 2045 | 1,500 | 1,699 | ||||||
Suffolk County, Econ. Dev. Corp., Rev. Ref. Bonds (Peconic Landing at Southold, Inc. Project), Series 2010, 5.875% 2030 | 1,000 | 1,147 | ||||||
TSASC, Inc., Tobacco Settlement Asset-Backed Rev. Ref. Bonds, Series 2006-1, 5.00% 2034 | 1,380 | 1,380 | ||||||
TSASC, Inc., Tobacco Settlement Asset-Backed Rev. Ref. Bonds, Series 2006-1, 5.125% 2042 | 4,845 | 4,828 | ||||||
Westchester County, Health Care Corp., Rev. Bonds, Series 2010-B, 6.00% 2030 | 130 | 151 | ||||||
Westchester County, Health Care Corp., Rev. Bonds, Series 2010-B, 6.00% 2030 (preref. 2020) | 870 | 1,059 | ||||||
Westchester County, Health Care Corp., Rev. Bonds, Series 2011-A, 5.00% 2021 | 100 | 118 | ||||||
Westchester County, Local Dev. Corp., Rev. Bonds (Westchester Medical Center Obligated Group Project), Series 2016, 5.00% 2034 | 1,150 | 1,385 | ||||||
Westchester County, Local Dev. Corp., Rev. Bonds (Westchester Medical Center Obligated Group Project), Series 2016, 5.00% 2046 | 1,000 | 1,176 | ||||||
Other securities | 17,695 | |||||||
90,057 | ||||||||
Guam 1.49% | ||||||||
Government of Guam, Business Privilege Tax Bonds, Series 2011-A, 5.00% 2031 | 1,200 | 1,310 | ||||||
Other securities | 1,804 | |||||||
3,114 | ||||||||
Other U.S. Territories 2.01% | ||||||||
Other securities | 4,212 | |||||||
Total bonds, notes & other debt instruments (cost: $188,886,000) | 202,452 | |||||||
48 | American Funds Tax-Exempt Funds |
American Funds Tax-Exempt Fund of New York
Short-term securities 4.07% | Principal amount (000) |
Value (000) |
||||||
Dormitory Auth., University of Rochester Rev. Bonds, Series 2003-A, JPMorgan Chase LOC, 0.39% 20311 | $ | 5,095 | $ | 5,094 | ||||
New York City Transitional Fin. Auth., Future Tax Secured Rev. Ref. Bonds, Series 2015-E-3, 0.39% 20451 | 1,000 | 1,000 | ||||||
New York City Transitional Fin. Auth., Future Tax Secured Rev. Ref. Bonds, Series 2016-E-4, 0.39% 20451 | 400 | 400 | ||||||
New York City Transitional Fin. Auth., Future Tax Secured Tax-Exempt Bonds, Fiscal 2016 Series D, 1.50% 11/1/2016 | 1,000 | 1,003 | ||||||
Other securities | 1,000 | |||||||
Total short-term securities (cost: $8,497,000) | 8,497 | |||||||
Total investment securities 100.98% (cost: $197,383,000) | 210,949 | |||||||
Other assets less liabilities (0.98)% | (2,050 | ) | ||||||
Net assets 100.00% | $ | 208,899 |
This summary investment portfolio is designed to streamline the report and help investors better focus on the fund’s principal holdings. See the inside back cover for details on how to obtain a complete schedule of portfolio holdings.
“Other securities” includes all issues that are not disclosed separately in the summary investment portfolio.
1 | Coupon rate may change periodically. For short-term securities, the date of the next scheduled coupon rate change is considered to be the maturity date. |
2 | Acquired in a transaction exempt from registration under Rule 144A of the Securities Act of 1933. May be resold in the U.S. in transactions exempt from registration, normally to qualified institutional buyers. The total value of all such securities, including those in “Other securities,” was $4,171,000, which represented 2.00% of the net assets of the fund. |
Key to abbreviations
Agcy. = Agency
AMT = Alternative Minimum Tax
Auth. = Authority
Certs. of Part. = Certificates of Participation
Dept. = Department
Dev. = Development
Dist. = District
Econ. = Economic
Fac. = Facility
Facs. = Facilities
Fin. = Finance
Fncg. = Financing
G.O. = General Obligation
LOC = Letter of Credit
Preref. = Prerefunded
Redev. = Redevelopment
Ref. = Refunding
Rev. = Revenue
TECP = Tax-Exempt Commercial Paper
See Notes to Financial Statements
American Funds Tax-Exempt Funds | 49 |
Financial statements
Statements of assets and liabilities
at July 31, 2016
American Funds | Limited Term | ||||||||
Short-Term | Tax-Exempt Bond | ||||||||
Tax-Exempt Bond Fund | Fund of America | ||||||||
Assets: | |||||||||
Investment securities, at value | $ | 776,864 | $ | 3,734,924 | |||||
Cash | 7,068 | 9,566 | |||||||
Receivables for: | |||||||||
Sales of investments | — | 2,006 | |||||||
Sales of fund’s shares | 1,733 | 15,852 | |||||||
Interest | 5,650 | 32,444 | |||||||
Other | 7 | 49 | |||||||
791,322 | 3,794,841 | ||||||||
Liabilities: | |||||||||
Payables for: | |||||||||
Purchases of investments | 4,629 | 39,029 | |||||||
Repurchases of fund’s shares | 5,115 | 4,057 | |||||||
Dividends on fund’s shares | 60 | 562 | |||||||
Investment advisory services | 241 | 722 | |||||||
Services provided by related parties | 96 | 504 | |||||||
Trustees’ deferred compensation | 31 | 129 | |||||||
Other | 37 | 48 | |||||||
10,209 | 45,051 | ||||||||
Net assets at July 31, 2016 | $ | 781,113 | $ | 3,749,790 | |||||
Net assets consist of: | |||||||||
Capital paid in on shares of beneficial interest | $ | 773,593 | $ | 3,606,071 | |||||
Undistributed net investment income | 46 | 611 | |||||||
Accumulated net realized loss | (1,539 | ) | (381 | ) | |||||
Net unrealized appreciation | 9,013 | 143,489 | |||||||
Net assets at July 31, 2016 | $ | 781,113 | $ | 3,749,790 | |||||
Investment securities, at cost | $ | 767,851 | $ | 3,591,435 | |||||
Shares of beneficial interest issued and outstanding (no stated par value) — unlimited shares authorized | |||||||||
Class A: | Net assets | $ | 687,769 | $ | 3,055,065 | ||||
Shares outstanding | 67,310 | 190,414 | |||||||
Net asset value per share | $ | 10.22 | $ | 16.04 | |||||
Class B: | Net assets | $ | 276 | ||||||
Shares outstanding | 17 | ||||||||
Net asset value per share | $ | 16.04 | |||||||
Class C: | Net assets | $ | 30,467 | ||||||
Shares outstanding | 1,899 | ||||||||
Net asset value per share | $ | 16.04 | |||||||
Class F-1: | Net assets | $ | 13,146 | $ | 89,770 | ||||
Shares outstanding | 1,286 | 5,595 | |||||||
Net asset value per share | $ | 10.22 | $ | 16.04 | |||||
Class F-2: | Net assets | $ | 80,198 | $ | 290,573 | ||||
Shares outstanding | 7,849 | 18,111 | |||||||
Net asset value per share | $ | 10.22 | $ | 16.04 | |||||
Class R-6: | Net assets | $ | 283,639 | ||||||
Shares outstanding | 17,678 | ||||||||
Net asset value per share | $ | 16.04 |
See Notes to Financial Statements
50 | American Funds Tax-Exempt Funds |
(dollars and shares in thousands, except per-share amounts)
The Tax-Exempt | American | The Tax-Exempt | American Funds | |||||||||||
Bond Fund | High-Income | Fund of | Tax-Exempt Fund | |||||||||||
of America | Municipal Bond Fund | California | of New York | |||||||||||
$ | 13,854,125 | $ | 5,103,944 | $ | 2,058,738 | $ | 210,949 | |||||||
15,819 | 8,254 | 5,353 | 937 | |||||||||||
3,724 | 30,288 | 3,558 | 2,000 | |||||||||||
40,653 | 15,954 | 5,233 | 1,140 | |||||||||||
131,666 | 49,443 | 23,173 | 1,840 | |||||||||||
169 | 67 | 13 | 4 | |||||||||||
14,046,156 | 5,207,950 | 2,096,068 | 216,870 | |||||||||||
203,257 | 104,781 | 21,124 | 7,565 | |||||||||||
16,295 | 6,982 | 2,121 | 145 | |||||||||||
2,877 | 1,402 | 722 | 122 | |||||||||||
2,571 | 1,248 | 516 | 58 | |||||||||||
2,981 | 868 | 513 | 31 | |||||||||||
534 | 101 | 128 | 1 | |||||||||||
86 | 53 | 76 | 49 | |||||||||||
228,601 | 115,435 | 25,200 | 7,971 | |||||||||||
$ | 13,817,555 | $ | 5,092,515 | $ | 2,070,868 | $ | 208,899 | |||||||
$ | 12,914,577 | $ | 4,835,115 | $ | 1,953,401 | $ | 195,141 | |||||||
10,413 | 9,740 | 2,045 | 194 | |||||||||||
(20,166 | ) | (113,416 | ) | (34,256 | ) | (2 | ) | |||||||
912,731 | 361,076 | 149,678 | 13,566 | |||||||||||
$ | 13,817,555 | $ | 5,092,515 | $ | 2,070,868 | $ | 208,899 | |||||||
$ | 12,899,314 | $ | 4,742,868 | $ | 1,909,060 | $ | 197,383 | |||||||
$ | 9,509,949 | $ | 3,519,195 | $ | 1,677,609 | $ | 161,441 | |||||||
709,923 | 217,042 | 92,102 | 14,524 | |||||||||||
$ | 13.40 | $ | 16.21 | $ | 18.21 | $ | 11.12 | |||||||
$ | 3,218 | $ | 1,273 | $ | 261 | $ | 17 | |||||||
240 | 78 | 14 | 2 | |||||||||||
$ | 13.40 | $ | 16.21 | $ | 18.21 | $ | 11.12 | |||||||
$ | 516,967 | $ | 246,307 | $ | 97,124 | $ | 13,989 | |||||||
38,592 | 15,191 | 5,332 | 1,258 | |||||||||||
$ | 13.40 | $ | 16.21 | $ | 18.21 | $ | 11.12 | |||||||
$ | 517,532 | $ | 281,698 | $ | 82,765 | $ | 2,140 | |||||||
38,634 | 17,373 | 4,544 | 193 | |||||||||||
$ | 13.40 | $ | 16.21 | $ | 18.21 | $ | 11.12 | |||||||
$ | 2,879,362 | $ | 774,846 | $ | 213,109 | $ | 31,312 | |||||||
214,946 | 47,788 | 11,700 | 2,817 | |||||||||||
$ | 13.40 | $ | 16.21 | $ | 18.21 | $ | 11.12 | |||||||
$ | 390,527 | $ | 269,196 | |||||||||||
29,153 | 16,602 | |||||||||||||
$ | 13.40 | $ | 16.21 |
American Funds Tax-Exempt Funds | 51 |
Statements of operations
for the year ended July 31, 2016
American Funds | Limited Term | |||||||
Short-Term | Tax-Exempt Bond | |||||||
Tax-Exempt Bond Fund | Fund of America | |||||||
Investment income: | ||||||||
Income: | ||||||||
Interest | $ | 12,114 | $ | 93,382 | ||||
Fees and expenses*: | ||||||||
Investment advisory services | 2,759 | 7,991 | ||||||
Distribution services | 1,031 | 8,850 | ||||||
Transfer agent services | 306 | 1,238 | ||||||
Administrative services | 108 | 571 | ||||||
Reports to shareholders | 28 | 116 | ||||||
Registration statement and prospectus | 123 | 279 | ||||||
Trustees’ compensation | 8 | 34 | ||||||
Auditing and legal | 52 | 66 | ||||||
Custodian | 2 | 8 | ||||||
State and local taxes | — | — | ||||||
Other | 17 | 28 | ||||||
Total fees and expenses before reimbursements | 4,434 | 19,181 | ||||||
Less waivers/reimbursements of fees and expenses: | ||||||||
Miscellaneous fee reimbursements | — | — | ||||||
Total fees and expenses after reimbursements | 4,434 | 19,181 | ||||||
Net investment income | 7,680 | 74,201 | ||||||
Net realized (loss) gain and unrealized appreciation: | ||||||||
Net realized (loss) gain on investments | (762 | ) | 269 | |||||
Net unrealized appreciation on investments | 4,308 | 27,733 | ||||||
Net realized (loss) gain and unrealized appreciation | 3,546 | 28,002 | ||||||
Net increase in net assets resulting from operations | $ | 11,226 | $ | 102,203 |
* | Additional information related to class-specific fees and expenses is included in the Notes to Financial Statements. |
† | Amount less than one thousand. |
See Notes to Financial Statements
52 | American Funds Tax-Exempt Funds |
(dollars in thousands)
The Tax-Exempt | American | The Tax-Exempt | American Funds | |||||||||||
Bond Fund | High-Income | Fund of | Tax-Exempt Fund | |||||||||||
of America | Municipal Bond Fund | California | of New York | |||||||||||
$ | 429,567 | $ | 196,361 | $ | 68,826 | $ | 5,793 | |||||||
26,734 | 12,652 | 5,556 | 605 | |||||||||||
27,191 | 11,279 | 4,778 | 474 | |||||||||||
6,099 | 2,369 | 599 | 78 | |||||||||||
2,609 | 879 | 310 | 34 | |||||||||||
403 | 145 | 62 | 8 | |||||||||||
811 | 387 | 91 | 83 | |||||||||||
116 | 36 | 20 | 1 | |||||||||||
126 | 72 | 96 | 64 | |||||||||||
27 | 10 | 4 | — | † | ||||||||||
141 | 351 | 18 | — | † | ||||||||||
45 | 33 | 21 | 12 | |||||||||||
64,302 | 28,213 | 11,555 | 1,359 | |||||||||||
— | — | — | 60 | |||||||||||
64,302 | 28,213 | 11,555 | 1,299 | |||||||||||
365,265 | 168,148 | 57,271 | 4,494 | |||||||||||
559 | 9,631 | (415 | ) | 271 | ||||||||||
383,061 | 208,275 | 61,026 | 7,254 | |||||||||||
383,620 | 217,906 | 60,611 | 7,525 | |||||||||||
$ | 748,885 | $ | 386,054 | $ | 117,882 | $ | 12,019 |
American Funds Tax-Exempt Funds | 53 |
Statements of changes in net assets
American Funds | Limited Term | The Tax-Exempt | ||||||||||||||||||||||
Short-Term | Tax-Exempt Bond | Bond Fund | ||||||||||||||||||||||
Tax-Exempt Bond Fund | Fund of America | of America | ||||||||||||||||||||||
Year ended July 31 | Year ended July 31 | Year ended July 31 | ||||||||||||||||||||||
2016 | 2015 | 2016 | 2015 | 2016 | 2015 | |||||||||||||||||||
Operations: | ||||||||||||||||||||||||
Net investment income | $ | 7,680 | $ | 8,091 | $ | 74,201 | $ | 75,181 | $ | 365,265 | $ | 324,926 | ||||||||||||
Net realized (loss) gain | (762 | ) | (380 | ) | 269 | 84 | 559 | 3,709 | ||||||||||||||||
Net unrealized appreciation (depreciation) | 4,308 | (5,652 | ) | 27,733 | (36,958 | ) | 383,061 | 17,674 | ||||||||||||||||
Net increase in net assets resulting from operations | 11,226 | 2,059 | 102,203 | 38,307 | 748,885 | 346,309 | ||||||||||||||||||
Dividends paid or accrued to shareholders from net investment income | (7,612 | ) | (8,084 | ) | (74,286 | ) | (74,782 | ) | (364,050 | ) | (321,189 | ) | ||||||||||||
Net capital share transactions | 51,287 | (65,037 | ) | 538,776 | 143,346 | 2,957,629 | 1,124,196 | |||||||||||||||||
Total increase (decrease) in net assets | 54,901 | (71,062 | ) | 566,693 | 106,871 | 3,342,464 | 1,149,316 | |||||||||||||||||
Net assets: | ||||||||||||||||||||||||
Beginning of year | 726,212 | 797,274 | 3,183,097 | 3,076,226 | 10,475,091 | 9,325,775 | ||||||||||||||||||
End of year | $ | 781,113 | $ | 726,212 | $ | 3,749,790 | $ | 3,183,097 | $ | 13,817,555 | $ | 10,475,091 | ||||||||||||
Undistributed (distributions in excess of) net investment income | $ | 46 | $ | (24 | ) | $ | 611 | $ | 708 | $ | 10,413 | $ | 9,014 |
See Notes to Financial Statements
54 | American Funds Tax-Exempt Funds |
(dollars in thousands)
American | The Tax-Exempt | American Funds | ||||||||||||||||||||
High-Income | Fund of | Tax-Exempt Fund | ||||||||||||||||||||
Municipal Bond Fund | California | of New York | ||||||||||||||||||||
Year ended July 31 | Year ended July 31 | Year ended July 31 | ||||||||||||||||||||
2016 | 2015 | 2016 | 2015 | 2016 | 2015 | |||||||||||||||||
$ | 168,148 | $ | 138,904 | $ | 57,271 | $ | 54,073 | $ | 4,494 | $ | 4,043 | |||||||||||
9,631 | (3,961 | ) | (415 | ) | 957 | 271 | 351 | |||||||||||||||
208,275 | 30,465 | 61,026 | 5,572 | 7,254 | 250 | |||||||||||||||||
386,054 | 165,408 | 117,882 | 60,602 | 12,019 | 4,644 | |||||||||||||||||
(162,941 | ) | (135,657 | ) | (56,704 | ) | (53,343 | ) | (4,403 | ) | (3,949 | ) | |||||||||||
1,267,761 | 539,260 | 347,830 | 136,929 | 45,587 | 28,236 | |||||||||||||||||
1,490,874 | 569,011 | 409,008 | 144,188 | 53,203 | 28,931 | |||||||||||||||||
3,601,641 | 3,032,630 | 1,661,860 | 1,517,672 | 155,696 | 126,765 | |||||||||||||||||
$ | 5,092,515 | $ | 3,601,641 | $ | 2,070,868 | $ | 1,661,860 | $ | 208,899 | $ | 155,696 | |||||||||||
$ | 9,740 | $ | 6,018 | $ | 2,045 | $ | 1,557 | $ | 194 | $ | 127 |
American Funds Tax-Exempt Funds | 55 |
Notes to financial statements
1. Organization
American Funds Short-Term Tax-Exempt Bond Fund, Limited Term Tax-Exempt Bond Fund of America, The Tax-Exempt Bond Fund of America, American High-Income Municipal Bond Fund, The Tax-Exempt Fund of California, which is presently the only series of The American Funds Tax-Exempt Series II, and American Funds Tax-Exempt Fund of New York (each a “fund” or collectively, the “funds”), are registered under the Investment Company Act of 1940 as open-end, diversified management investment companies.
Each fund’s investment objectives are as follows:
American Funds Short-Term Tax-Exempt Bond Fund — Seeks to provide current income exempt from regular federal income tax, consistent with the maturity and quality standards described in the prospectus, and to preserve capital.
Limited Term Tax-Exempt Bond Fund of America — Seeks to provide current income exempt from regular federal income tax, consistent with the maturity and quality standards described in the prospectus, and to preserve capital.
The Tax-Exempt Bond Fund of America — Seeks to provide a high level of current income exempt from federal income tax, consistent with the preservation of capital.
American High-Income Municipal Bond Fund — Seeks to provide a high level of current income exempt from regular federal income tax.
The Tax-Exempt Fund of California — Seeks to provide a high level of current income exempt from regular federal and California state income taxes. Its secondary objective is preservation of capital.
American Funds Tax-Exempt Fund of New York — Seeks to provide a high level of current income exempt from regular federal, New York state and New York City income taxes. Its secondary objective is preservation of capital.
American Funds Short-Term Tax-Exempt Bond Fund has three share classes (Class A, as well as two F share classes, F-1 and F-2). Limited Term Tax-Exempt Bond Fund of America, The Tax-Exempt Bond Fund of America and American High-Income Municipal Bond Fund each have six share classes consisting of five retail share classes (Classes A, B and C, as well as two F share classes, F-1 and F-2) and one share class that is only available to the American Funds Portfolio Series (Class R-6). The Tax-Exempt Fund of California and American Funds Tax-Exempt Fund of New York each have five retail share classes (Classes A, B and C, as well as two F share classes, F-1 and F-2). Some share classes are only available to limited categories of investors. The funds’ share classes are described further in the following table:
Share class | Initial sales charge | Contingent deferred sales charge upon redemption |
Conversion feature | |||
Class A | Up to 2.50% for American Funds Short-Term Tax-Exempt Bond Fund and Limited Term Tax-Exempt Bond Fund of America; up to 3.75% for all other funds | None (except 1% for certain redemptions within one year of purchase without an initial sales charge) | None | |||
Class B* | None | Declines from 5% to 0% for redemptions within six years of purchase | Class B converts to Class A after eight years | |||
Class C† | None | 1% for redemptions within one year of purchase | Class C converts to Class F-1 after 10 years | |||
Classes F-1 and F-2 | None | None | None | |||
Class R-6 | None | None | None |
* | Class B shares are not available for purchase in Limited Term Tax-Exempt Bond Fund of America, The Tax-Exempt Bond Fund of America, American High-Income Municipal Bond Fund, The Tax-Exempt Fund of California and American Funds Tax-Exempt Fund of New York. |
† | Class C shares are not available for purchase in Limited Term Tax-Exempt Bond Fund of America. |
Holders of all share classes of each fund have equal pro rata rights to the assets, dividends and liquidation proceeds of each fund held. Each share class of each fund has identical voting rights, except for the exclusive right to vote on matters affecting only its class. Share classes have different fees and expenses (“class-specific fees and expenses”), primarily due to different arrangements for distribution, transfer agent and administrative services. Differences in class-specific fees and expenses will result in differences in net investment income and, therefore, the payment of different per-share dividends by each share class of each fund.
56 | American Funds Tax-Exempt Funds |
2. Significant accounting policies
Each fund is an investment company that applies the accounting and reporting guidance issued in Topic 946 by the U.S. Financial Accounting Standards Board. Each fund’s financial statements have been prepared to comply with U.S. generally accepted accounting principles (“U.S. GAAP”). These principles require the funds’ investment adviser to make estimates and assumptions that affect reported amounts and disclosures. Actual results could differ from those estimates. Subsequent events, if any, have been evaluated through the date of issuance in the preparation of the financial statements. The funds follow the significant accounting policies described in this section, as well as the valuation policies described in the next section on valuation.
Security transactions and related investment income — Security transactions are recorded by the funds as of the date the trades are executed with brokers. Realized gains and losses from security transactions are determined based on the specific identified cost of the securities. In the event a security is purchased with a delayed payment date, the funds will segregate liquid assets sufficient to meet their payment obligations. Interest income is recognized on an accrual basis. Market discounts, premiums and original issue discounts on fixed-income securities are amortized daily over the expected life of the security.
Class allocations — Income, fees and expenses (other than class-specific fees and expenses) are allocated daily among the various share classes of each fund based on the relative value of their settled shares. Realized and unrealized gains and losses are allocated daily among the various share classes of each fund based on their relative net assets. Class-specific fees and expenses, such as distribution, transfer agent and administrative services, are charged directly to the respective share class of each fund.
Dividends and distributions to shareholders — Dividends to shareholders are declared daily after the determination of each fund’s net investment income and are paid to shareholders monthly. Distributions to shareholders are recorded on each fund’s ex-dividend date.
3. Valuation
Capital Research and Management Company (“CRMC”), the funds’ investment adviser, values each fund’s investments at fair value as defined by U.S. GAAP. The net asset value of each share class of each fund is generally determined as of approximately 4:00 p.m. New York time each day the New York Stock Exchange is open.
Methods and inputs — The funds’ investment adviser uses the following methods and inputs to establish the fair value of each fund’s assets and liabilities. Use of particular methods and inputs may vary over time based on availability and relevance as market and economic conditions evolve.
Fixed-income securities, including short-term securities, are generally valued at prices obtained from one or more pricing vendors. Vendors value such securities based on one or more of the following inputs: benchmark yields, transactions, bids, offers, quotations from dealers and trading systems, new issues, spreads and other relationships observed in the markets among comparable securities; and proprietary pricing models such as yield measures calculated using factors such as cash flows, financial or collateral performance and other reference data. For certain distressed securities, valuations may include cash flows or liquidation values using a net present value calculation based on inputs that include, but are not limited to, financial statements and debt contracts.
When the funds’ investment adviser deems it appropriate to do so (such as when vendor prices are unavailable or not deemed to be representative), fixed-income securities will be valued in good faith at the mean quoted bid and ask prices that are reasonably and timely available (or bid prices, if ask prices are not available) or at prices for securities of comparable maturity, quality and type. Some securities may be valued based on their effective maturity or average life, which may be shorter than the stated maturity.
Securities and other assets for which representative market quotations are not readily available or are considered unreliable by the funds’ investment adviser are fair valued as determined in good faith under fair valuation guidelines adopted by authority of each fund’s board of trustees as further described. The investment adviser follows fair valuation guidelines, consistent with U.S. Securities and Exchange Commission rules and guidance, to consider relevant principles and factors when making fair value determinations. The investment adviser considers relevant indications of value that are reasonably and timely available to it in determining the fair value to be assigned to a particular security, such as the type and cost of the security; contractual or legal restrictions on resale of the security; relevant financial or business developments of the issuer; actively traded similar or related securities; conversion or exchange rights on the security; related corporate actions; significant events occurring after the close of trading in the security; and changes in overall market conditions. In addition, the closing prices of equity securities that trade in markets outside U.S. time zones may be adjusted to reflect significant events that occur after the close of local trading but before the net asset value of each share class of the fund is determined. Fair valuations and valuations of investments that are not actively trading involve judgment and may differ materially from valuations that would have been used had greater market activity occurred.
American Funds Tax-Exempt Funds | 57 |
Processes and structure — Each fund’s board of trustees has delegated authority to the funds’ investment adviser to make fair value determinations, subject to board oversight. The investment adviser has established a Joint Fair Valuation Committee (the “Fair Valuation Committee”) to administer, implement and oversee the fair valuation process, and to make fair value decisions. The Fair Valuation Committee regularly reviews its own fair value decisions, as well as decisions made under its standing instructions to the investment adviser’s valuation teams. The Fair Valuation Committee reviews changes in fair value measurements from period to period and may, as deemed appropriate, update the fair valuation guidelines to better reflect the results of back testing and address new or evolving issues. The Fair Valuation Committee reports any changes to the fair valuation guidelines to the boards of trustees with supplemental information to support the changes. Each fund’s board and audit committee also regularly review reports that describe fair value determinations and methods.
The funds’ investment adviser has also established a Fixed-Income Pricing Review Group to administer and oversee the fixed-income valuation process, including the use of fixed-income pricing vendors. This group regularly reviews pricing vendor information and market data. Pricing decisions, processes and controls over security valuation are also subject to additional internal reviews, including an annual control self-evaluation program facilitated by the investment adviser’s compliance group.
Classifications — The funds’ investment adviser classifies each fund’s assets and liabilities into three levels based on the inputs used to value the assets or liabilities. Level 1 values are based on quoted prices in active markets for identical securities. Level 2 values are based on significant observable market inputs, such as quoted prices for similar securities and quoted prices in inactive markets. Certain securities trading outside the U.S. may transfer between Level 1 and Level 2 due to valuation adjustments resulting from significant market movements following the close of local trading. Level 3 values are based on significant unobservable inputs that reflect the investment adviser’s determination of assumptions that market participants might reasonably use in valuing the securities. The valuation levels are not necessarily an indication of the risk or liquidity associated with the underlying investment. For example, U.S. government securities are reflected as Level 2 because the inputs used to determine fair value may not always be quoted prices in an active market. At July 31, 2016, all of the investment securities held by each fund were classified as Level 2.
4. Risk factors
Investing in each fund may involve certain risks including, but not limited to, those described below.
Market conditions — The prices of, and the income generated by, the securities held by the funds may decline — sometimes rapidly or unpredictably — due to various factors, including events or conditions affecting the general economy or particular industries; overall market changes; local, regional or global political, social or economic instability; governmental or governmental agency responses to economic conditions; and currency exchange rate, interest rate and commodity price fluctuations.
Issuer risks — The prices of, and the income generated by, securities held by the funds may decline in response to various factors directly related to the issuers of such securities, including reduced demand for an issuer’s goods or services, poor management performance and strategic initiatives such as mergers, acquisitions or dispositions and the market response to any such initiatives.
Investing in municipal securities — The yield and/or value of the funds’ investments in municipal securities may be adversely affected by events tied to the municipal securities markets, which can be very volatile and significantly impacted by unfavorable legislative or political developments and negative changes in the financial conditions of municipal securities issuers and the economy. To the extent the funds invest in obligations of a municipal issuer, the volatility, credit quality and performance of the funds may be adversely impacted by local political and economic conditions of the issuer. For example, a credit rating downgrade, bond default or bankruptcy involving an issuer within a particular state or territory could affect the market values and marketability of many or all municipal obligations of that state or territory. Income from municipal securities held by the funds could also be declared taxable because of changes in tax laws or interpretations by taxing authorities or as a result of noncompliant conduct of a municipal issuer. Additionally, the relative amount of publicly available information about municipal securities is generally less than that for corporate securities.
Investing in debt instruments — The prices of, and the income generated by, bonds and other debt securities held by the funds may be affected by changing interest rates and by changes in the effective maturities and credit ratings of these securities.
Rising interest rates will generally cause the prices of bonds and other debt securities to fall. Falling interest rates may cause an issuer to redeem, call or refinance a debt security before its stated maturity, which may result in the funds having to reinvest the proceeds in lower yielding securities. Longer maturity debt securities generally have greater sensitivity to changes in interest rates and may be subject to greater price fluctuations than shorter maturity debt securities.
58 | American Funds Tax-Exempt Funds |
Bonds and other debt securities are also subject to credit risk, which is the possibility that the credit strength of an issuer will weaken and/or an issuer of a debt security will fail to make timely payments of principal or interest and the security will go into default. Lower quality debt securities generally have higher rates of interest and may be subject to greater price fluctuations than higher quality debt securities. Credit risk is gauged, in part, by the credit ratings of the debt securities in which the funds invest. However, ratings are only the opinions of the rating agencies issuing them and are not guarantees as to credit quality or an evaluation of market risk. The funds’ investment adviser relies on its own credit analysts to research issuers and issues in seeking to mitigate various credit and default risks.
Thinly traded securities — There may be little trading in the secondary market for particular bonds or other debt securities, which may make them more difficult to value, acquire or sell.
Credit and liquidity support — Changes in the credit quality of banks and financial institutions providing credit and liquidity support features with respect to securities held by the funds could cause the values of these securities to decline.
Investing in lower rated debt instruments — Lower rated bonds and other lower rated debt securities generally have higher rates of interest and involve greater risk of default or price declines due to changes in the issuer’s creditworthiness than those of higher quality debt securities. The market prices of these securities may fluctuate more than the prices of higher quality debt securities and may decline significantly in periods of general economic difficulty. These risks may be increased with respect to investments in junk bonds.
Investing in similar municipal bonds — Investing significantly in municipal obligations of issuers in the same state or backed by revenues of similar types of projects or industries may make the funds more susceptible to certain economic, political or regulatory occurrences. As a result, the potential for fluctuations in the funds’ share price may increase.
Risks of investing in municipal bonds of issuers within the state of California — Because The Tax-Exempt Fund of California invests primarily in securities of issuers within the state of California, the fund is more susceptible to factors adversely affecting issuers of California securities than a comparable municipal bond mutual fund that does not concentrate its investments in a single state. For example, in the past, California voters have passed amendments to the state’s constitution and other measures that limit the taxing and spending authority of California governmental entities, and future voter initiatives may adversely affect California municipal bonds.
Risks of investing in municipal bonds of issuers within the state of New York — Because American Funds Tax-Exempt Fund of New York invests primarily in securities of issuers within the state of New York, the fund is more susceptible to factors adversely affecting issuers of New York securities than a comparable municipal bond mutual fund that does not concentrate its investments in a single state. For example, such factors may include political policy changes, tax base erosion, state constitutional limits on tax increases, budget deficits and other financial or economic difficulties, and changes in the credit ratings assigned to New York’s municipal issuers. New York’s economy and finances may be especially vulnerable to changes in the performance of the financial services sector, which historically has been volatile.
Management — The investment adviser to the funds actively manages the funds’ investments. Consequently, the funds are subject to the risk that the methods and analyses employed by the investment adviser in this process may not produce the desired results. This could cause the funds to lose value or its investment results to lag relevant benchmarks or other funds with similar objectives.
5. Taxation and distributions
Federal income taxation — Each fund complies with the requirements under Subchapter M of the Internal Revenue Code applicable to mutual funds and intends to distribute substantially all of its net income and net capital gains each year. The funds are not subject to income taxes to the extent taxable income and net capital gains are distributed. Generally, income earned by each fund is exempt from federal income taxes; however, each fund may earn taxable income from certain investments.
As of and during the period ended July 31, 2016, none of the funds had a liability for any unrecognized tax benefits. The funds recognize interest and penalties, if any, related to unrecognized tax benefits as income tax expense in their respective statement of operations. During the period, none of the funds incurred any significant interest or penalties.
The funds are not subject to examination by U.S. federal tax authorities for tax years before 2012 or by state tax authorities for tax years before 2011.
Distributions — Distributions paid to shareholders are based on each fund’s net investment income and net realized gains determined on a tax basis, which may differ from net investment income and net realized gains for financial reporting purposes. These differences are due primarily to different treatment for items such as short-term capital gains and losses; capital losses related to sales of certain securities
American Funds Tax-Exempt Funds | 59 |
within 30 days of purchase; deferred expenses; cost of investments sold; net capital losses; amortization of premium and discounts; and income on certain investments. The fiscal year in which amounts are distributed may differ from the year in which the net investment income and net realized gains are recorded by the funds for financial reporting purposes.
As indicated in the following tables, all of the funds had capital loss carryforwards available at July 31, 2016. These will be used to offset any capital gains realized by these funds in future years through the expiration dates, if applicable. None of the funds will make distributions from capital gains while a capital loss carryforward remains.
Under the Regulated Investment Company Modernization Act of 2010 (the “Act”), net capital losses recognized after July 31, 2011, (August 31, 2011, for The Tax-Exempt Bond Fund of America and The Tax-Exempt Fund of California) may be carried forward indefinitely, and their character is retained as short-term and/or long-term losses. Previously, net capital losses were carried forward for eight years and treated as short-term losses. As a transition rule, the Act requires that post-enactment net capital losses be used before pre-enactment net capital losses.
Additional tax basis disclosures for each fund are as follows (dollars in thousands):
American Funds Short-Term Tax-Exempt Bond Fund |
Limited Term Tax-Exempt Bond Fund of America |
The Tax-Exempt Bond Fund of America |
American High-Income Municipal Bond Fund |
The Tax-Exempt Fund of California |
American Funds Tax-Exempt Fund of New York |
|||||||||||||||||||
Undistributed tax-exempt income | $ | 103 | $ | 577 | $ | 3,596 | $ | 2,754 | $ | 757 | $ | 138 | ||||||||||||
Capital loss carryforward: | ||||||||||||||||||||||||
No expiration | (1,539 | ) | (380 | ) | (10,160 | ) | (1,323 | ) | (463 | ) | (3 | ) | ||||||||||||
Expiring 2017 | — | — | (2,271 | ) | (14,384 | ) | (3,446 | ) | — | |||||||||||||||
Expiring 2018 | — | — | (15,752 | ) | (69,970 | ) | (30,345 | ) | — | |||||||||||||||
Expiring 2019 | — | — | — | (24,408 | ) | — | — | |||||||||||||||||
(1,539 | ) | (380 | ) | (28,183 | ) | (110,085 | ) | (34,254 | ) | (3 | ) | |||||||||||||
Capital loss carryforward utilized | — | 267 | — | 9,928 | — | 274 | ||||||||||||||||||
Gross unrealized appreciation on investment securities | 9,411 | 144,929 | 982,155 | 403,000 | 156,978 | 14,115 | ||||||||||||||||||
Gross unrealized depreciation on investment securities | (365 | ) | (716 | ) | (19,040 | ) | (34,036 | ) | (5,164 | ) | (370 | ) | ||||||||||||
Net unrealized appreciation on investment securities | 9,046 | 144,213 | 963,115 | 368,964 | 151,814 | 13,745 | ||||||||||||||||||
Cost of investment securities | 767,818 | 3,590,711 | 12,891,010 | 4,734,980 | 1,906,924 | 197,204 | ||||||||||||||||||
Reclassification to (from) undistributed net investment income from (to) accumulated net realized loss | — | 2 | (175 | ) | 195 | (57 | ) | (5 | ) | |||||||||||||||
Reclassification to (from) undistributed net investment income from (to) capital paid in on shares of beneficial interest | 2 | (14 | ) | 359 | (1,680 | ) | (22 | ) | (19 | ) | ||||||||||||||
Reclassification to capital paid in on shares of beneficial interest from accumulated net realized loss | 1 | — | 153 | — | — | 2 |
Tax-exempt income distributions paid or accrued to shareholders of each fund were as follows (dollars in thousands):
American Funds Short-Term Tax-Exempt Bond Fund
Share class | Year ended July 31, 2016 |
Year ended July 31, 2015 |
||||||
Class A | $ | 6,775 | $ | 7,392 | ||||
Class F-1 | 90 | 92 | ||||||
Class F-2 | 747 | 600 | ||||||
Total | $ | 7,612 | $ | 8,084 |
60 | American Funds Tax-Exempt Funds |
Limited Term Tax-Exempt Bond Fund of America
Share class | Year ended July 31, 2016 |
Year ended July 31, 2015 |
||||||
Class A | $ | 60,916 | $ | 62,578 | ||||
Class B | 7 | 22 | ||||||
Class C | 422 | 532 | ||||||
Class F-1 | 1,795 | 1,992 | ||||||
Class F-2 | 5,409 | 5,317 | ||||||
Class R-6 | 5,737 | 4,341 | ||||||
Total | $ | 74,286 | $ | 74,782 | ||||
The Tax-Exempt Bond Fund of America | ||||||||
Share class | Year ended July 31, 2016 | Year ended July 31, 2015 | ||||||
Class A | $ | 252,498 | $ | 231,655 | ||||
Class B | 127 | 256 | ||||||
Class C | 9,193 | 8,319 | ||||||
Class F-1 | 37,801 | 44,346 | ||||||
Class F-2 | 53,592 | 28,978 | ||||||
Class R-6 | 10,839 | 7,635 | ||||||
Total | $ | 364,050 | $ | 321,189 | ||||
American High-Income Municipal Bond Fund | ||||||||
Share class | Year ended July 31, 2016 | Year ended July 31, 2015 | ||||||
Class A | $ | 118,431 | $ | 104,118 | ||||
Class B | 76 | 163 | ||||||
Class C | 6,480 | 5,732 | ||||||
Class F-1 | 9,162 | 7,566 | ||||||
Class F-2 | 19,563 | 11,686 | ||||||
Class R-6 | 9,229 | 6,392 | ||||||
Total | $ | 162,941 | $ | 135,657 | ||||
The Tax-Exempt Fund of California | ||||||||
Share class | Year ended July 31, 2016 | Year ended July 31, 2015 | ||||||
Class A | $ | 47,262 | $ | 44,830 | ||||
Class B | 21 | 47 | ||||||
Class C | 1,955 | 1,990 | ||||||
Class F-1 | 2,131 | 1,921 | ||||||
Class F-2 | 5,335 | 4,555 | ||||||
Total | $ | 56,704 | $ | 53,343 | ||||
American Funds Tax-Exempt Fund of New York | ||||||||
Share class | Year ended July 31, 2016 | Year ended July 31, 2015 | ||||||
Class A | $ | 3,489 | $ | 3,198 | ||||
Class B | 1 | 1 | ||||||
Class C | 207 | 176 | ||||||
Class F-1 | 43 | 41 | ||||||
Class F-2 | 663 | 533 | ||||||
Total | $ | 4,403 | $ | 3,949 |
American Funds Tax-Exempt Funds | 61 |
6. Fees and transactions with related parties
CRMC, the funds’ investment adviser, is the parent company of American Funds Distributors,® Inc. (“AFD”), the principal underwriter of the funds’ shares, and American Funds Service Company® (“AFS”), the funds’ transfer agent. CRMC, AFD and AFS are considered related parties to each fund.
Investment advisory services — Each fund has an investment advisory and service agreement with CRMC that provides for monthly fees accrued daily. These fees are based on annual rates that generally decrease as average net asset levels increase. The agreement for each fund, except American Funds Short-Term Tax-Exempt Bond Fund, also provides for monthly fees accrued daily based on a series of decreasing rates on each fund’s monthly gross income.
The range of rates, net asset levels, gross income levels and annualized rates of average net assets for each fund are as follows:
For | ||||||||||||||||||||||||||||||||||||
Rates | Net asset level (in billions) | Rates | Monthly gross income | the year ended |
||||||||||||||||||||||||||||||||
Beginning | Ending | In excess | Beginning | Ending | In excess | July 31, | ||||||||||||||||||||||||||||||
Fund | with | with | Up to | of | with | with | Up to | of | 2016 | |||||||||||||||||||||||||||
American Funds Short-Term Tax-Exempt Bond Fund | .390 | % | .290 | % | $ | .20 | $ | 1.2 | .367 | % | ||||||||||||||||||||||||||
Limited Term Tax-Exempt Bond Fund of America | .300 | .150 | .06 | 1.0 | 3.00 | % | 2.50 | % | $ | 3,333,333 | $ | 3,333,333 | .236 | |||||||||||||||||||||||
The Tax-Exempt Bond Fund of America | .300 | .120 | .06 | 10.0 | 3.00 | 2.00 | 3,333,333 | 8,333,333 | .229 | |||||||||||||||||||||||||||
American High-Income Municipal Bond Fund | .300 | .150 | .06 | 3.0 | 3.00 | 2.50 | 3,333,333 | 3,333,333 | .302 | |||||||||||||||||||||||||||
The Tax-Exempt Fund of California | .300 | .180 | .06 | 1.0 | 3.00 | 2.50 | 3,333,333 | 3,333,333 | .305 | |||||||||||||||||||||||||||
American Funds Tax-Exempt Fund of New York | .300 | .180 | .06 | 1.0 | 3.00 | 2.50 | 3,333,333 | 3,333,333 | .337 |
CRMC has agreed to reimburse a portion of the fees and expenses of American Funds Tax-Exempt Fund of New York. This reimbursement may be adjusted or discontinued by CRMC, subject to any restrictions in the fund’s prospectus. For the year ended July 31, 2016, total fees and expenses reimbursed by CRMC were $60,000. Fees and expenses in the statement of operations are presented gross of any reimbursements from CRMC.
Class-specific fees and expenses — Expenses that are specific to individual share classes are accrued directly to the respective share class of each fund. The principal class-specific fees and expenses are described below:
Distribution services — Each fund has plans of distribution for all share classes, except Class F-2 and Class R-6 shares, if applicable. Under the plans, each fund’s board of trustees approves certain categories of expenses that are used to finance activities primarily intended to sell fund shares and service existing accounts. The plans provide for payments based on an annualized percentage of average daily net assets. In some cases, the boards of trustees have limited the amounts that may be paid to less than the maximum allowed by the plans. All share classes with a plan may use the allotted percentage of average daily net assets to pay service fees, or to compensate AFD for paying service fees, to firms that have entered into agreements with AFD to provide certain shareholder services. The remaining amounts available to be paid under each plan are paid to dealers to compensate them for their sales activities.
American Funds Short-Term | Limited Term Tax-Exempt | The Tax-Exempt Bond Fund | |||||||||||||||||||
Tax-Exempt Bond Fund | Bond Fund of America | of America | |||||||||||||||||||
Currently | Currently | Currently | |||||||||||||||||||
Share class | approved limits | Plan limits | approved limits | Plan limits | approved limits | Plan limits | |||||||||||||||
Class A | 0.15% | 0.15% | 0.30 | % | 0.30 | % | 0.25 | % | 0.25 | % | |||||||||||
Class B | Not applicable | Not applicable | 1.00 | 1.00 | 1.00 | 1.00 | |||||||||||||||
Class C | Not applicable | Not applicable | 1.00 | 1.00 | 1.00 | 1.00 | |||||||||||||||
Class F-1 | 0.25 | 0.50 | 0.25 | 0.50 | 0.25 | 0.50 |
62 | American Funds Tax-Exempt Funds |
American High-Income | The Tax-Exempt Fund | American Funds Tax-Exempt | |||||||||||||||||||||||
Municipal Bond Fund | of California | Fund of New York | |||||||||||||||||||||||
Currently | Currently | Currently | |||||||||||||||||||||||
Share class | approved limits | Plan limits | approved limits | Plan limits | approved limits | Plan limits | |||||||||||||||||||
Class A | 0.30 | % | 0.30 | % | 0.25 | % | 0.25 | % | 0.25 | % | 0.30 | % | |||||||||||||
Class B | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |||||||||||||||||||
Class C | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | |||||||||||||||||||
Class F-1 | 0.25 | 0.50 | 0.25 | 0.50 | 0.25 | 0.50 |
For Class A shares, distribution-related expenses include the reimbursement of dealer and wholesaler commissions paid by AFD for certain shares sold without a sales charge. This share class of each fund reimburses AFD for amounts billed within the prior 15 months but only to the extent that the overall annual expense limit is not exceeded. As of July 31, 2016, unreimbursed expenses subject to reimbursement for Class A shares of each fund were as follows (dollars in thousands):
Fund | Class A | |||
American Funds Short-Term Tax-Exempt Bond Fund | $ | 1,075 | ||
Limited-Term Tax-Exempt Bond Fund of America | 61 | |||
The Tax-Exempt Bond Fund of America | 7,704 | |||
American High-Income Municipal Bond Fund | — | |||
The Tax-Exempt Fund of California | 1,466 | |||
American Funds Tax-Exempt Fund of New York | 2 |
Transfer agent services — Each fund has a shareholder services agreement with AFS under which each fund compensates AFS for providing transfer agent services to each of the funds’ share classes. These services include recordkeeping, shareholder communications and transaction processing. In addition, each fund reimburses AFS for amounts paid to third parties for performing transfer agent services on behalf of its respective fund shareholders.
Administrative services — Each fund has an administrative services agreement with CRMC under which each fund compensates CRMC for providing administrative services to each of the funds’ Class A, C, F and R shares, if applicable. These services include, but are not limited to, coordinating, monitoring, assisting and overseeing third parties that provide services to each fund’s shareholders. Under the agreements, Class A shares of each fund pay an annual fee of 0.01% and Class C, F and R shares of each fund, if applicable, pay an annual fee of 0.05% of their respective average daily net assets.
For the year ended July 31, 2016, class-specific expenses under the agreements for each fund were as follows (dollars in thousands):
American Funds Short-Term Tax-Exempt Bond Fund
Distribution | Transfer agent | Administrative | |||||||
Share class | services | services | services | ||||||
Class A | $1,003 | $216 | $67 | ||||||
Class F-1 | 28 | 13 | 6 | ||||||
Class F-2 | Not applicable | 77 | 35 | ||||||
Total class-specific expenses | $1,031 | $306 | $108 |
Limited Term Tax-Exempt Bond Fund of America
Distribution | Transfer agent | Administrative | |||||||
Share class | services | services | services | ||||||
Class A | $8,336 | $877 | $281 | ||||||
Class B | 5 | — | * | Not applicable | |||||
Class C | 295 | 9 | 15 | ||||||
Class F-1 | 214 | 101 | 43 | ||||||
Class F-2 | Not applicable | 251 | 115 | ||||||
Class R-6 | Not applicable | — | * | 117 | |||||
Total class-specific expenses | $8,850 | $1,238 | $571 |
The Tax-Exempt Bond Fund of America
Distribution | Transfer agent | Administrative | |||||||
Share class | services | services | services | ||||||
Class A | $20,113 | $2,621 | $802 | ||||||
Class B | 52 | 2 | Not applicable | ||||||
Class C | 3,922 | 130 | 198 | ||||||
Class F-1 | 3,104 | 1,605 | 624 | ||||||
Class F-2 | Not applicable | 1,741 | 825 | ||||||
Class R-6 | Not applicable | — | * | 160 | |||||
Total class-specific expenses | $27,191 | $6,099 | $2,609 |
American High-Income Municipal Bond Fund
Distribution | Transfer agent | Administrative | |||||||
Share class | services | services | services | ||||||
Class A | $8,592 | $1,490 | $304 | ||||||
Class B | 23 | 1 | Not applicable | ||||||
Class C | 2,066 | 103 | 103 | ||||||
Class F-1 | 598 | 271 | 120 | ||||||
Class F-2 | Not applicable | 504 | 242 | ||||||
Class R-6 | Not applicable | — | * | 110 | |||||
Total class-specific expenses | $11,279 | $2,369 | $879 |
See page 64 for footnote.
American Funds Tax-Exempt Funds | 63 |
The Tax-Exempt Fund of California
Distribution | Transfer agent | Administrative | |||||||
Share class | services | services | services | ||||||
Class A | $3,761 | $329 | $151 | ||||||
Class B | 8 | — | * | Not applicable | |||||
Class C | 832 | 19 | 42 | ||||||
Class F-1 | 177 | 78 | 35 | ||||||
Class F-2 | Not applicable | 173 | 82 | ||||||
Total class-specific expenses | $4,778 | $599 | $310 |
American Funds Tax-Exempt Fund of New York
Distribution | Transfer agent | Administrative | |||||||
Share class | services | services | services | ||||||
Class A | $350 | $47 | $14 | ||||||
Class B | — | * | — | * | Not applicable | ||||
Class C | 122 | 4 | 6 | ||||||
Class F-1 | 2 | 1 | 1 | ||||||
Class F-2 | Not applicable | 26 | 13 | ||||||
Total class-specific expenses | $474 | $78 | $34 |
* Amount less than one thousand.
Trustees’ deferred compensation — Trustees who are unaffiliated with CRMC may elect to defer the cash payment of part or all of their compensation. These deferred amounts, which remain as liabilities of each fund, are treated as if invested in shares of the funds or other American Funds. These amounts represent general, unsecured liabilities of each fund and vary according to the total returns of the selected funds. Trustees’ compensation in the funds’ statement of operations reflects the current fees (either paid in cash or deferred) and a net increase in the value of the following deferred amounts (dollars in thousands):
Increase in value of | Total trustees’ | |||||||||||
Fund | Current fees | deferred amounts | compensation | |||||||||
American Funds Short-Term Tax-Exempt Bond Fund | $ 7 | $ 1 | $ 8 | |||||||||
Limited Term Tax-Exempt Bond Fund of America | 31 | 3 | 34 | |||||||||
The Tax-Exempt Bond Fund of America | 109 | 7 | 116 | |||||||||
American High-Income Municipal Bond Fund | 33 | 3 | 36 | |||||||||
The Tax-Exempt Fund of California | 16 | 4 | 20 | |||||||||
American Funds Tax-Exempt Fund of New York | 1 | — | * | 1 |
* Amount less than one thousand.
Affiliated officers and trustees — Officers and certain trustees of the funds are or may be considered to be affiliated with CRMC, AFD and AFS. No affiliated officers or trustees received any compensation directly from the funds.
Security transactions with related funds — Each fund may purchase from, or sell securities to, other CRMC-managed funds (or funds managed by certain affiliates of CRMC) under procedures adopted by each fund’s board of trustees. The funds involved in such transactions are considered related by virtue of having a common investment adviser (or affiliated investment advisers), common trustees and/or common officers. When such transactions occur, each transaction is executed at the current market price of the security and no brokerage commissions or fees are paid in accordance with Rule 17a-7 of the 1940 Act.
64 | American Funds Tax-Exempt Funds |
7. Fund mergers
On June 17, 2016, The Tax-Exempt Bond Fund of America (the “acquiring fund”) acquired the net assets of The Tax-Exempt Fund of Maryland and The Tax-Exempt Fund of Virginia (each an “acquired fund”) pursuant to an Agreement and Plan of Reorganization and Liquidation approved by the Board of Trustees on March 17, 2016. The acquisition was accomplished by a tax-free exchange of shares of each class of the acquiring fund for the corresponding class of each acquired fund at the close of business on June 17, 2016. All share classes of The Tax-Exempt Fund of Maryland were exchanged for equivalent share classes of The Tax-Exempt Bond Fund of America at a ratio of 1.20 to 1 and all share classes of The Tax-Exempt Fund of Virginia were exchanged for equivalent share classes of The Tax-Exempt Bond Fund of America at a ratio of 1.28 to 1. Shares issued by The Tax-Exempt Bond Fund of America are disclosed in the capital share transactions table on page 69. Further information about the merger of the funds is as follows (dollars and shares in thousands, except per share amounts):
Net asset | |||||||||||||
Shares | value | ||||||||||||
Status | outstanding | Net assets | per share | ||||||||||
The Tax-Exempt Fund of Maryland | Acquired fund | ||||||||||||
Class A | 14,652 | $ | 236,260 | $16.12 | |||||||||
Class B | 7 | 105 | 16.12 | ||||||||||
Class C | 1,765 | 28,452 | 16.12 | ||||||||||
Class F-1 | 973 | 15,686 | 16.12 | ||||||||||
Class F-2 | 1,750 | 28,222 | 16.12 | ||||||||||
The Tax-Exempt Fund of Virginia | Acquired fund | ||||||||||||
Class A | 21,740 | $ | 372,441 | $17.13 | |||||||||
Class B | 13 | 231 | 17.13 | ||||||||||
Class C | 2,042 | 34,975 | 17.13 | ||||||||||
Class F-1 | 1,260 | 21,593 | 17.13 | ||||||||||
Class F-2 | 2,796 | 47,897 | 17.13 | ||||||||||
The Tax-Exempt Bond Fund of America | Acquiring fund | ||||||||||||
Class A | 647,341 | $ | 8,670,741 | $13.39 | |||||||||
Class B | 250 | 3,347 | 13.39 | ||||||||||
Class C | 32,479 | 435,039 | 13.39 | ||||||||||
Class F-1 | 36,031 | 482,611 | 13.39 | ||||||||||
Class F-2 | 203,270 | 2,722,681 | 13.39 | ||||||||||
Class R-6 | 27,834 | 372,819 | 13.39 | ||||||||||
The Tax-Exempt Bond Fund of America | Post merger | ||||||||||||
Class A | 693,092 | $ | 9,269,273 | $13.37 | |||||||||
Class B | 275 | 3,678 | 13.37 | ||||||||||
Class C | 37,270 | 498,450 | 13.37 | ||||||||||
Class F-1 | 38,809 | 519,019 | 13.37 | ||||||||||
Class F-2 | 209,082 | 2,796,217 | 13.37 | ||||||||||
Class R-6 | 27,845 | 372,396 | 13.37 |
The Tax-Exempt Fund | The Tax-Exempt Fund | |||||||||||
Components of net assets acquired on June 17, 2016 | of Maryland | of Virginia | Total | |||||||||
Capital paid in on shares of beneficial interest | $ | 300,041 | $ | 453,261 | $ | 753,302 | ||||||
Undistributed net investment income | 286 | 390 | 676 | |||||||||
Undistributed net realized loss | (6,256 | ) | (4,072 | ) | (10,328 | ) | ||||||
Net unrealized appreciation | 14,654 | 27,558 | 42,212 | |||||||||
Total net assets | $ | 308,725 | $ | 477,137 | $ | 785,862 |
American Funds Tax-Exempt Funds | 65 |
Had the acquisition been completed on August 1, 2015, the beginning of the annual reporting period for the acquired and acquiring funds, the pro forma results of operations for the year ended July 31, 2016, would have been as follows (dollars in thousands):
Pro forma components of net assets resulting from operations for the year ended July 31, 2016 | ||||
Net investment income | $ | 385,692 | ||
Net gain on investments | 2,193 | |||
Net unrealized appreciation on investments | 425,273 | |||
Total net assets | $ | 813,158 |
Since the combined investment portfolios have been managed as a single integrated portfolio since the reorganization was completed, it is not practicable to separate the income, expenses and changes in net assets of each acquired fund included in the acquiring fund’s statement of operations since June 17, 2016.
8. Capital share transactions
Capital share transactions in the funds were as follows (dollars and shares in thousands):
American Funds Short-Term Tax-Exempt Bond Fund
Reinvestments of | Net increase | |||||||||||||||||||||||||||||||
Sales* | dividends | Repurchases* | (decrease) | |||||||||||||||||||||||||||||
Share class | Amount | Shares | Amount | Shares | Amount | Shares | Amount | Shares | ||||||||||||||||||||||||
Year ended July 31, 2016 | ||||||||||||||||||||||||||||||||
Class A | $ | 265,488 | 26,090 | $ | 6,336 | 622 | $ | (240,607 | ) | (23,645 | ) | $ | 31,217 | 3,067 | ||||||||||||||||||
Class F-1 | 7,767 | 763 | 90 | 9 | (4,002 | ) | (394 | ) | 3,855 | 378 | ||||||||||||||||||||||
Class F-2 | 62,784 | 6,169 | 603 | 59 | (47,172 | ) | (4,638 | ) | 16,215 | 1,590 | ||||||||||||||||||||||
Total net increase (decrease) | $ | 336,039 | 33,022 | $ | 7,029 | 690 | $ | (291,781 | ) | (28,677 | ) | $ | 51,287 | 5,035 | ||||||||||||||||||
Year ended July 31, 2015 | ||||||||||||||||||||||||||||||||
Class A | $ | 226,415 | 22,149 | $ | 6,692 | 655 | $ | (311,118 | ) | (30,452 | ) | $ | (78,011 | ) | (7,648 | ) | ||||||||||||||||
Class F-1 | 3,788 | 370 | 92 | 9 | (8,533 | ) | (834 | ) | (4,653 | ) | (455 | ) | ||||||||||||||||||||
Class F-2 | 71,689 | 7,024 | 489 | 48 | (54,551 | ) | (5,348 | ) | 17,627 | 1,724 | ||||||||||||||||||||||
Total net increase (decrease) | $ | 301,892 | 29,543 | $ | 7,273 | 712 | $ | (374,202 | ) | (36,634 | ) | $ | (65,037 | ) | (6,379 | ) | ||||||||||||||||
Limited Term Tax-Exempt Bond Fund of America | ||||||||||||||||||||||||||||||||
Reinvestments of | Net increase | |||||||||||||||||||||||||||||||
Sales* | dividends | Repurchases* | (decrease) | |||||||||||||||||||||||||||||
Share class | Amount | Shares | Amount | Shares | Amount | Shares | Amount | Shares | ||||||||||||||||||||||||
Year ended July 31, 2016 | ||||||||||||||||||||||||||||||||
Class A | $ | 770,995 | 48,281 | $ | 56,942 | 3,566 | $ | (466,226 | ) | (29,211 | ) | $ | 361,711 | 22,636 | ||||||||||||||||||
Class B | 144 | 9 | 7 | — | † | (597 | ) | (37 | ) | (446 | ) | (28 | ) | |||||||||||||||||||
Class C | 11,072 | 693 | 408 | 26 | (11,244 | ) | (705 | ) | 236 | 14 | ||||||||||||||||||||||
Class F-1 | 24,656 | 1,544 | 1,728 | 108 | (20,991 | ) | (1,315 | ) | 5,393 | 337 | ||||||||||||||||||||||
Class F-2 | 143,068 | 8,950 | 4,556 | 286 | (66,832 | ) | (4,185 | ) | 80,792 | 5,051 | ||||||||||||||||||||||
Class R-6 | 101,074 | 6,329 | 5,737 | 359 | (15,721 | ) | (986 | ) | 91,090 | 5,702 | ||||||||||||||||||||||
Total net increase (decrease) | $ | 1,051,009 | 65,806 | $ | 69,378 | 4,345 | $ | (581,611 | ) | (36,439 | ) | $ | 538,776 | 33,712 | ||||||||||||||||||
Year ended July 31, 2015 | ||||||||||||||||||||||||||||||||
Class A | $ | 511,796 | 31,861 | $ | 58,014 | 3,614 | $ | (484,127 | ) | (30,151 | ) | $ | 85,683 | 5,324 | ||||||||||||||||||
Class B | 67 | 4 | 21 | 1 | (1,299 | ) | (81 | ) | (1,211 | ) | (76 | ) | ||||||||||||||||||||
Class C | 5,323 | 331 | 513 | 32 | (13,432 | ) | (836 | ) | (7,596 | ) | (473 | ) | ||||||||||||||||||||
Class F-1 | 14,553 | 906 | 1,901 | 118 | (36,973 | ) | (2,298 | ) | (20,519 | ) | (1,274 | ) | ||||||||||||||||||||
Class F-2 | 98,669 | 6,135 | 4,491 | 280 | (75,895 | ) | (4,727 | ) | 27,265 | 1,688 | ||||||||||||||||||||||
Class R-6 | 67,930 | 4,228 | 4,341 | 271 | (12,547 | ) | (782 | ) | 59,724 | 3,717 | ||||||||||||||||||||||
Total net increase (decrease) | $ | 698,338 | 43,465 | $ | 69,281 | 4,316 | $ | (624,273 | ) | (38,875 | ) | $ | 143,346 | 8,906 |
66 | American Funds Tax-Exempt Funds |
The Tax-Exempt Bond Fund of America
Issued in connection | Reinvestments of | Net increase | ||||||||||||||||||||||||||||||||||||||
Sales* | with the mergers | dividends | Repurchases* | (decrease) | ||||||||||||||||||||||||||||||||||||
Share class | Amount | Shares | Amount | Shares | Amount | Shares | Amount | Shares | Amount | Shares | ||||||||||||||||||||||||||||||
Year ended July 31, 2016 | ||||||||||||||||||||||||||||||||||||||||
Class A | $ | 1,871,164 | 141,849 | $ | 608,701 | 45,527 | $ | 232,021 | 17,617 | $ | (850,880 | ) | (64,706 | ) | $ | 1,861,006 | 140,287 | |||||||||||||||||||||||
Class B | 188 | 14 | 336 | 25 | 122 | 9 | (4,787 | ) | (363 | ) | (4,141 | ) | (315 | ) | ||||||||||||||||||||||||||
Class C | 159,538 | 12,081 | 63,427 | 4,744 | 8,714 | 661 | (76,537 | ) | (5,817 | ) | 155,142 | 11,669 | ||||||||||||||||||||||||||||
Class F-1 | 444,340 | 34,050 | 37,279 | 2,788 | 37,270 | 2,843 | (1,510,010 | ) | (114,741 | ) | (991,121 | ) | (75,060 | ) | ||||||||||||||||||||||||||
Class F-2 | 2,030,700 | 154,105 | 76,119 | 5,693 | 50,029 | 3,784 | (329,704 | ) | (24,984 | ) | 1,827,144 | 138,598 | ||||||||||||||||||||||||||||
Class R-6 | 108,885 | 8,267 | 10,841 | 823 | (10,127 | ) | (773 | ) | 109,599 | 8,317 | ||||||||||||||||||||||||||||||
Total net increase (decrease) | $ | 4,614,815 | 350,366 | $ | 785,862 | 58,777 | $ | 338,997 | 25,737 | $ | (2,782,045 | ) | (211,384 | ) | $ | 2,957,629 | 223,496 |
Issued in connection | Issued in connection | |||||||||||||||||||||||
with the merger of | with the merger of | Total issued | ||||||||||||||||||||||
The Tax-Exempt Fund | The Tax-Exempt Fund | in connection | ||||||||||||||||||||||
of Maryland | of Virginia | with the mergers | ||||||||||||||||||||||
Merger details | Amount | Shares | Amount | Shares | Amount | Shares | ||||||||||||||||||
Class A | $ | 236,260 | 17,671 | $ | 372,441 | 27,856 | $ | 608,701 | 45,527 | |||||||||||||||
Class B | 105 | 8 | 231 | 17 | 336 | 25 | ||||||||||||||||||
Class C | 28,452 | 2,128 | 34,975 | 2,616 | 63,427 | 4,744 | ||||||||||||||||||
Class F-1 | 15,686 | 1,173 | 21,593 | 1,615 | 37,279 | 2,788 | ||||||||||||||||||
Class F-2 | 28,222 | 2,111 | 47,897 | 3,582 | 76,119 | 5,693 | ||||||||||||||||||
Total issued | $ | 308,725 | 23,091 | $ | 477,137 | 35,686 | $ | 785,862 | 58,777 |
Reinvestments of | Net increase | |||||||||||||||||||||||||||||||
Sales* | dividends | Repurchases* | (decrease) | |||||||||||||||||||||||||||||
Share class | Amount | Shares | Amount | Shares | Amount | Shares | Amount | Shares | ||||||||||||||||||||||||
Year ended July 31, 2015 | ||||||||||||||||||||||||||||||||
Class A | $ | 1,166,527 | 89,279 | $ | 210,997 | 16,150 | $ | (783,919 | ) | (60,074 | ) | $ | 593,605 | 45,355 | ||||||||||||||||||
Class B | 366 | 28 | 248 | 19 | (6,082 | ) | (466 | ) | (5,468 | ) | (419 | ) | ||||||||||||||||||||
Class C | 83,656 | 6,403 | 7,868 | 602 | (68,383 | ) | (5,240 | ) | 23,141 | 1,765 | ||||||||||||||||||||||
Class F-1 | 324,142 | 24,816 | 43,866 | 3,358 | (287,808 | ) | (22,060 | ) | 80,200 | 6,114 | ||||||||||||||||||||||
Class F-2 | 446,591 | 34,216 | 26,012 | 1,991 | (145,323 | ) | (11,130 | ) | 327,280 | 25,077 | ||||||||||||||||||||||
Class R-6 | 103,919 | 7,954 | 7,634 | 584 | (6,115 | ) | (468 | ) | 105,438 | 8,070 | ||||||||||||||||||||||
Total net increase (decrease) | $ | 2,125,201 | 162,696 | $ | 296,625 | 22,704 | $ | (1,297,630 | ) | (99,438 | ) | $ | 1,124,196 | 85,962 |
See page 69 for footnotes.
American Funds Tax-Exempt Funds | 67 |
American High-Income Municipal Bond Fund
Reinvestments of | Net increase | |||||||||||||||||||||||||||||||
Sales* | dividends | Repurchases* | (decrease) | |||||||||||||||||||||||||||||
Share class | Amount | Shares | Amount | Shares | Amount | Shares | Amount | Shares | ||||||||||||||||||||||||
Year ended July 31, 2016 | ||||||||||||||||||||||||||||||||
Class A | $ | 916,799 | 58,141 | $ | 109,175 | 6,926 | $ | (367,188 | ) | (23,358 | ) | $ | 658,786 | 41,709 | ||||||||||||||||||
Class B | 256 | 16 | 72 | 4 | (2,546 | ) | (162 | ) | (2,218 | ) | (142 | ) | ||||||||||||||||||||
Class C | 89,022 | 5,638 | 6,037 | 383 | (41,568 | ) | (2,642 | ) | 53,491 | 3,379 | ||||||||||||||||||||||
Class F-1 | 121,444 | 7,680 | 8,917 | 566 | (68,553 | ) | (4,339 | ) | 61,808 | 3,907 | ||||||||||||||||||||||
Class F-2 | 559,242 | 35,343 | 17,128 | 1,084 | (149,558 | ) | (9,505 | ) | 426,812 | 26,922 | ||||||||||||||||||||||
Class R-6 | 62,899 | 3,986 | 9,230 | 585 | (3,047 | ) | (198 | ) | 69,082 | 4,373 | ||||||||||||||||||||||
Total net increase (decrease) | $ | 1,749,662 | 110,804 | $ | 150,559 | 9,548 | $ | (632,460 | ) | (40,204 | ) | $ | 1,267,761 | 80,148 | ||||||||||||||||||
Year ended July 31, 2015 | ||||||||||||||||||||||||||||||||
Class A | $ | 582,004 | 37,495 | $ | 96,061 | 6,188 | $ | (360,143 | ) | (23,213 | ) | $ | 317,922 | 20,470 | ||||||||||||||||||
Class B | 334 | 22 | 154 | 10 | (3,271 | ) | (211 | ) | (2,783 | ) | (179 | ) | ||||||||||||||||||||
Class C | 55,686 | 3,585 | 5,320 | 343 | (41,042 | ) | (2,648 | ) | 19,964 | 1,280 | ||||||||||||||||||||||
Class F-1 | 78,498 | 5,049 | 7,372 | 475 | (57,976 | ) | (3,746 | ) | 27,894 | 1,778 | ||||||||||||||||||||||
Class F-2 | 145,866 | 9,397 | 9,910 | 639 | (59,263 | ) | (3,823 | ) | 96,513 | 6,213 | ||||||||||||||||||||||
Class R-6 | 73,819 | 4,754 | 6,392 | 412 | (461 | ) | (30 | ) | 79,750 | 5,136 | ||||||||||||||||||||||
Total net increase (decrease) | $ | 936,207 | 60,302 | $ | 125,209 | 8,067 | $ | (522,156 | ) | (33,671 | ) | $ | 539,260 | 34,698 | ||||||||||||||||||
The Tax-Exempt Fund of California | ||||||||||||||||||||||||||||||||
Reinvestments of | Net increase | |||||||||||||||||||||||||||||||
Sales* | dividends | Repurchases* | (decrease) | |||||||||||||||||||||||||||||
Share class | Amount | Shares | Amount | Shares | Amount | Shares | Amount | Shares | ||||||||||||||||||||||||
Year ended July 31, 2016 | ||||||||||||||||||||||||||||||||
Class A | $ | 364,822 | 20,350 | $ | 41,439 | 2,313 | $ | (165,245 | ) | (9,243 | ) | $ | 241,016 | 13,420 | ||||||||||||||||||
Class B | 36 | 2 | 20 | 1 | (1,162 | ) | (65 | ) | (1,106 | ) | (62 | ) | ||||||||||||||||||||
Class C | 33,775 | 1,879 | 1,844 | 103 | (18,810 | ) | (1,052 | ) | 16,809 | 930 | ||||||||||||||||||||||
Class F-1 | 26,848 | 1,496 | 1,985 | 111 | (10,978 | ) | (613 | ) | 17,855 | 994 | ||||||||||||||||||||||
Class F-2 | 86,120 | 4,793 | 4,508 | 252 | (17,372 | ) | (969 | ) | 73,256 | 4,076 | ||||||||||||||||||||||
Total net increase (decrease) | $ | 511,601 | 28,520 | $ | 49,796 | 2,780 | $ | (213,567 | ) | (11,942 | ) | $ | 347,830 | 19,358 | ||||||||||||||||||
Year ended July 31, 2015 | ||||||||||||||||||||||||||||||||
Class A | $ | 212,686 | 11,982 | $ | 38,804 | 2,186 | $ | (136,473 | ) | (7,697 | ) | $ | 115,017 | 6,471 | ||||||||||||||||||
Class B | 62 | 3 | 45 | 3 | (1,048 | ) | (59 | ) | (941 | ) | (53 | ) | ||||||||||||||||||||
Class C | 15,438 | 870 | 1,845 | 104 | (15,711 | ) | (888 | ) | 1,572 | 86 | ||||||||||||||||||||||
Class F-1 | 16,450 | 928 | 1,796 | 101 | (20,701 | ) | (1,172 | ) | (2,455 | ) | (143 | ) | ||||||||||||||||||||
Class F-2 | 46,534 | 2,624 | 3,856 | 217 | (26,654 | ) | (1,501 | ) | 23,736 | 1,340 | ||||||||||||||||||||||
Total net increase (decrease) | $ | 291,170 | 16,407 | $ | 46,346 | 2,611 | $ | (200,587 | ) | (11,317 | ) | $ | 136,929 | 7,701 |
68 | American Funds Tax-Exempt Funds |
American Funds Tax-Exempt Fund of New York
Reinvestments of | Net increase | |||||||||||||||||||||||||||||||
Sales* | dividends | Repurchases* | (decrease) | |||||||||||||||||||||||||||||
Share class | Amount | Shares | Amount | Shares | Amount | Shares | Amount | Shares | ||||||||||||||||||||||||
Year ended July 31, 2016 | ||||||||||||||||||||||||||||||||
Class A | $ | 42,821 | 3,939 | $ | 2,365 | 217 | $ | (13,606 | ) | (1,255 | ) | $ | 31,580 | 2,901 | ||||||||||||||||||
Class B | 3 | 1 | — | † | — | † | (33 | ) | (3 | ) | (30 | ) | (2 | ) | ||||||||||||||||||
Class C | 6,364 | 587 | 195 | 18 | (2,798 | ) | (257 | ) | 3,761 | 348 | ||||||||||||||||||||||
Class F-1 | 676 | 63 | 25 | 2 | (257 | ) | (24 | ) | 444 | 41 | ||||||||||||||||||||||
Class F-2 | 13,967 | 1,282 | 540 | 50 | (4,675 | ) | (428 | ) | 9,832 | 904 | ||||||||||||||||||||||
Total net increase (decrease) | $ | 63,831 | 5,872 | $ | 3,125 | 287 | $ | (21,369 | ) | (1,967 | ) | $ | 45,587 | 4,192 | ||||||||||||||||||
Year ended July 31, 2015 | ||||||||||||||||||||||||||||||||
Class A | $ | 28,352 | 2,636 | $ | 1,969 | 183 | $ | (8,840 | ) | (824 | ) | $ | 21,481 | 1,995 | ||||||||||||||||||
Class B | 15 | 1 | 1 | — | † | (23 | ) | (2 | ) | (7 | ) | (1 | ) | |||||||||||||||||||
Class C | 3,231 | 300 | 165 | 15 | (1,537 | ) | (143 | ) | 1,859 | 172 | ||||||||||||||||||||||
Class F-1 | 699 | 65 | 22 | 2 | (174 | ) | (16 | ) | 547 | 51 | ||||||||||||||||||||||
Class F-2 | 7,365 | 684 | 404 | 38 | (3,413 | ) | (317 | ) | 4,356 | 405 | ||||||||||||||||||||||
Total net increase (decrease) | $ | 39,662 | 3,686 | $ | 2,561 | 238 | $ | (13,987 | ) | (1,302 | ) | $ | 28,236 | 2,622 |
* Includes exchanges between share classes of the fund.
† Amount less than one thousand.
9. Investment transactions
Each fund made purchases and sales of investment securities, excluding short-term securities and U.S. government obligations, if any, during the year ended July 31, 2016, as follows (dollars in thousands):
Fund | Purchases | Sales | ||||||
American Funds Short-Term Tax-Exempt Bond Fund | $ | 181,232 | $ | 144,867 | ||||
Limited Term Tax-Exempt Bond Fund of America | 799,426 | 503,856 | ||||||
The Tax-Exempt Bond Fund of America | 3,334,506 | 1,358,732 | ||||||
American High-Income Municipal Bond Fund | 1,801,011 | 825,937 | ||||||
The Tax-Exempt Fund of California | 500,277 | 187,841 | ||||||
American Funds Tax-Exempt Fund of New York | 73,809 | 22,111 |
10. Ownership concentration
At July 31, 2016, CRMC held aggregate ownership of 20% of the outstanding shares of American Funds Tax-Exempt Fund of New York. The ownership represents the seed money invested in the fund when it began operations on November 1, 2010.
American Funds Tax-Exempt Funds | 69 |
Financial highlights
American Funds Short-Term Tax-Exempt Bond Fund
Income (loss) from investment operations1 |
Dividends and distributions | |||||||||||||||||||||||||||||||||||||||||||||||
Period ended | Net asset value, beginning of period |
Net investment income |
Net gains (losses) on securities (both realized and unrealized) |
Total from investment operations |
Dividends (from net investment income) |
Distributions (from capital gains) |
Total dividends and distributions |
Net asset value, end of year |
Total return2 |
Net assets, end of year (in millions) |
Ratio of expenses to average net assets |
Ratio of net income to average net assets |
||||||||||||||||||||||||||||||||||||
Class A: | ||||||||||||||||||||||||||||||||||||||||||||||||
7/31/2016 | $ | 10.17 | $ | .10 | $ | .05 | $ | .15 | $ | (.10 | ) | $ | — | $ | (.10 | ) | $ | 10.22 | 1.51 | % | $ | 688 | .59 | % | 1.02 | % | ||||||||||||||||||||||
7/31/2015 | 10.25 | .11 | (.08 | ) | .03 | (.11 | ) | — | (.11 | ) | 10.17 | .26 | 653 | .58 | 1.04 | |||||||||||||||||||||||||||||||||
7/31/2014 | 10.21 | .11 | .04 | .15 | (.11 | ) | — | (.11 | ) | 10.25 | 1.43 | 737 | .58 | 1.04 | ||||||||||||||||||||||||||||||||||
7/31/2013 | 10.32 | .13 | (.11 | ) | .02 | (.13 | ) | — | 3 | (.13 | ) | 10.21 | .16 | 701 | .59 | 1.21 | ||||||||||||||||||||||||||||||||
7/31/2012 | 10.23 | .13 | .09 | .22 | (.13 | ) | — | (.13 | ) | 10.32 | 2.17 | 606 | .59 | 1.27 | ||||||||||||||||||||||||||||||||||
Class F-1: | ||||||||||||||||||||||||||||||||||||||||||||||||
7/31/2016 | 10.17 | .08 | .05 | .13 | (.08 | ) | — | (.08 | ) | 10.22 | 1.29 | 13 | .81 | .80 | ||||||||||||||||||||||||||||||||||
7/31/2015 | 10.25 | .08 | (.08 | ) | — | (.08 | ) | — | (.08 | ) | 10.17 | .05 | 9 | .80 | .83 | |||||||||||||||||||||||||||||||||
7/31/2014 | 10.21 | .08 | .04 | .12 | (.08 | ) | — | (.08 | ) | 10.25 | 1.19 | 14 | .82 | .80 | ||||||||||||||||||||||||||||||||||
7/31/2013 | 10.32 | .10 | (.11 | ) | (.01 | ) | (.10 | ) | — | 3 | (.10 | ) | 10.21 | (.08 | ) | 30 | .84 | .96 | ||||||||||||||||||||||||||||||
7/31/2012 | 10.23 | .11 | .09 | .20 | (.11 | ) | — | (.11 | ) | 10.32 | 1.98 | 18 | .78 | 1.09 | ||||||||||||||||||||||||||||||||||
Class F-2: | ||||||||||||||||||||||||||||||||||||||||||||||||
7/31/2016 | 10.17 | .11 | .05 | .16 | (.11 | ) | — | (.11 | ) | 10.22 | 1.55 | 80 | .56 | 1.06 | ||||||||||||||||||||||||||||||||||
7/31/2015 | 10.25 | .11 | (.08 | ) | .03 | (.11 | ) | — | (.11 | ) | 10.17 | .29 | 64 | .55 | 1.08 | |||||||||||||||||||||||||||||||||
7/31/2014 | 10.21 | .11 | .04 | .15 | (.11 | ) | — | (.11 | ) | 10.25 | 1.47 | 46 | .54 | 1.07 | ||||||||||||||||||||||||||||||||||
7/31/2013 | 10.32 | .13 | (.11 | ) | .02 | (.13 | ) | — | 3 | (.13 | ) | 10.21 | .19 | 37 | .56 | 1.23 | ||||||||||||||||||||||||||||||||
7/31/2012 | 10.23 | .14 | .09 | .23 | (.14 | ) | — | (.14 | ) | 10.32 | 2.24 | 15 | .52 | 1.33 |
Year ended July 31 | |||||||||||
2016 | 2015 | 2014 | 2013 | 2012 | |||||||
Portfolio turnover rate for all share classes | 21% | 38% | 20% | 22% | 14% |
1 | Based on average shares outstanding. |
2 | Total returns exclude any applicable sales charges, including contingent deferred sales charges. |
3 | Amount less than $.01. |
See Notes to Financial Statements
70 | American Funds Tax-Exempt Funds |
Limited Term Tax-Exempt Bond Fund of America
Income (loss) from investment operations1 |
Dividends and distributions | |||||||||||||||||||||||||||||||||||||||||||||||
Period ended | Net asset value, beginning of period |
Net investment income |
Net gains (losses) on securities (both realized and unrealized) |
Total from investment operations |
Dividends (from net investment income) |
Distributions (from capital gains) |
Total dividends and distributions |
Net asset value, end of period |
Total return2 |
Net assets, end of period (in millions) |
Ratio of expenses to average net assets |
Ratio of net income to average net assets |
||||||||||||||||||||||||||||||||||||
Class A: | ||||||||||||||||||||||||||||||||||||||||||||||||
7/31/2016 | $ | 15.92 | $ | .35 | $ | .12 | $ | .47 | $ | (.35 | ) | $ | — | $ | (.35 | ) | $ | 16.04 | 2.97 | % | $ | 3,055 | .59 | % | 2.17 | % | ||||||||||||||||||||||
7/31/2015 | 16.10 | .38 | (.18 | ) | .20 | (.38 | ) | — | (.38 | ) | 15.92 | 1.23 | 2,670 | .57 | 2.36 | |||||||||||||||||||||||||||||||||
7/31/2014 | 15.94 | .40 | .16 | .56 | (.40 | ) | — | (.40 | ) | 16.10 | 3.56 | 2,615 | .60 | 2.51 | ||||||||||||||||||||||||||||||||||
7/31/2013 | 16.36 | .40 | (.42 | ) | (.02 | ) | (.40 | ) | — | 3 | (.40 | ) | 15.94 | (.13 | ) | 2,625 | .60 | 2.45 | ||||||||||||||||||||||||||||||
7/31/2012 | 15.85 | .44 | .51 | .95 | (.44 | ) | — | (.44 | ) | 16.36 | 6.06 | 2,549 | .60 | 2.72 | ||||||||||||||||||||||||||||||||||
Class B: | ||||||||||||||||||||||||||||||||||||||||||||||||
7/31/2016 | 15.92 | .24 | .12 | .36 | (.24 | ) | — | (.24 | ) | 16.04 | 2.25 | — | 4 | 1.29 | 1.50 | |||||||||||||||||||||||||||||||||
7/31/2015 | 16.10 | .26 | (.18 | ) | .08 | (.26 | ) | — | (.26 | ) | 15.92 | .52 | 1 | 1.28 | 1.66 | |||||||||||||||||||||||||||||||||
7/31/2014 | 15.94 | .29 | .16 | .45 | (.29 | ) | — | (.29 | ) | 16.10 | 2.85 | 2 | 1.29 | 1.83 | ||||||||||||||||||||||||||||||||||
7/31/2013 | 16.36 | .29 | (.42 | ) | (.13 | ) | (.29 | ) | — | 3 | (.29 | ) | 15.94 | (.82 | ) | 3 | 1.29 | 1.78 | ||||||||||||||||||||||||||||||
7/31/2012 | 15.85 | .33 | .51 | .84 | (.33 | ) | — | (.33 | ) | 16.36 | 5.33 | 6 | 1.30 | 2.04 | ||||||||||||||||||||||||||||||||||
Class C: | ||||||||||||||||||||||||||||||||||||||||||||||||
7/31/2016 | 15.92 | .23 | .12 | .35 | (.23 | ) | — | (.23 | ) | 16.04 | 2.20 | 30 | 1.33 | 1.43 | ||||||||||||||||||||||||||||||||||
7/31/2015 | 16.10 | .26 | (.18 | ) | .08 | (.26 | ) | — | (.26 | ) | 15.92 | .47 | 30 | 1.33 | 1.60 | |||||||||||||||||||||||||||||||||
7/31/2014 | 15.94 | .28 | .16 | .44 | (.28 | ) | — | (.28 | ) | 16.10 | 2.80 | 38 | 1.34 | 1.78 | ||||||||||||||||||||||||||||||||||
7/31/2013 | 16.36 | .28 | (.42 | ) | (.14 | ) | (.28 | ) | — | 3 | (.28 | ) | 15.94 | (.87 | ) | 49 | 1.34 | 1.72 | ||||||||||||||||||||||||||||||
7/31/2012 | 15.85 | .32 | .51 | .83 | (.32 | ) | — | (.32 | ) | 16.36 | 5.27 | 75 | 1.34 | 1.99 | ||||||||||||||||||||||||||||||||||
Class F-1: | ||||||||||||||||||||||||||||||||||||||||||||||||
7/31/2016 | 15.92 | .33 | .12 | .45 | (.33 | ) | — | (.33 | ) | 16.04 | 2.88 | 90 | .67 | 2.09 | ||||||||||||||||||||||||||||||||||
7/31/2015 | 16.10 | .36 | (.18 | ) | .18 | (.36 | ) | — | (.36 | ) | 15.92 | 1.13 | 84 | .67 | 2.27 | |||||||||||||||||||||||||||||||||
7/31/2014 | 15.94 | .39 | .16 | .55 | (.39 | ) | — | (.39 | ) | 16.10 | 3.49 | 105 | .67 | 2.45 | ||||||||||||||||||||||||||||||||||
7/31/2013 | 16.36 | .39 | (.42 | ) | (.03 | ) | (.39 | ) | — | 3 | (.39 | ) | 15.94 | (.22 | ) | 122 | .69 | 2.37 | ||||||||||||||||||||||||||||||
7/31/2012 | 15.85 | .43 | .51 | .94 | (.43 | ) | — | (.43 | ) | 16.36 | 6.00 | 132 | .65 | 2.67 | ||||||||||||||||||||||||||||||||||
Class F-2: | ||||||||||||||||||||||||||||||||||||||||||||||||
7/31/2016 | 15.92 | .38 | .12 | .50 | (.38 | ) | — | (.38 | ) | 16.04 | 3.15 | 291 | .41 | 2.34 | ||||||||||||||||||||||||||||||||||
7/31/2015 | 16.10 | .40 | (.18 | ) | .22 | (.40 | ) | — | (.40 | ) | 15.92 | 1.39 | 208 | .41 | 2.52 | |||||||||||||||||||||||||||||||||
7/31/2014 | 15.94 | .43 | .16 | .59 | (.43 | ) | — | (.43 | ) | 16.10 | 3.75 | 183 | .42 | 2.69 | ||||||||||||||||||||||||||||||||||
7/31/2013 | 16.36 | .43 | (.42 | ) | .01 | (.43 | ) | — | 3 | (.43 | ) | 15.94 | .05 | 148 | .42 | 2.64 | ||||||||||||||||||||||||||||||||
7/31/2012 | 15.85 | .47 | .51 | .98 | (.47 | ) | — | (.47 | ) | 16.36 | 6.28 | 162 | .38 | 2.94 | ||||||||||||||||||||||||||||||||||
Class R-6: | ||||||||||||||||||||||||||||||||||||||||||||||||
7/31/2016 | 15.92 | .39 | .12 | .51 | (.39 | ) | — | (.39 | ) | 16.04 | 3.26 | 284 | .30 | 2.45 | ||||||||||||||||||||||||||||||||||
7/31/2015 | 16.10 | .42 | (.18 | ) | .24 | (.42 | ) | — | (.42 | ) | 15.92 | 1.50 | 190 | .31 | 2.62 | |||||||||||||||||||||||||||||||||
7/31/2014 | 15.94 | .45 | .16 | .61 | (.45 | ) | — | (.45 | ) | 16.10 | 3.86 | 133 | .31 | 2.80 | ||||||||||||||||||||||||||||||||||
7/31/2013 | 16.36 | .45 | (.42 | ) | .03 | (.45 | ) | — | 3 | (.45 | ) | 15.94 | .16 | 132 | .31 | 2.72 | ||||||||||||||||||||||||||||||||
7/31/20125,6 | 16.32 | .10 | .05 | .15 | (.11 | ) | — | (.11 | ) | 16.36 | .90 | 7 | 43 | .07 | 7 | .64 | 7 | |||||||||||||||||||||||||||||||
Year ended July 31 | |||||||||||
2016 | 2015 | 2014 | 2013 | 2012 | |||||||
Portfolio turnover rate for all share classes | 16% | 19% | 9% | 13% | 9% |
1 | Based on average shares outstanding. |
2 | Total returns exclude any applicable sales charges, including contingent deferred sales charges. |
3 | Amount less than $.01. |
4 | Amount less than $1 million. |
5 | Class R-6 shares were offered beginning May 11, 2012. |
6 | Based on operations for the period shown and, accordingly, is not representative of a full year. |
7 | Not annualized. |
See Notes to Financial Statements
American Funds Tax-Exempt Funds | 71 |
Financial highlights (continued)
The Tax-Exempt Bond Fund of America
Income (loss) from investment operations1 | ||||||||||||||||||||||||||||||||||||||||
Period ended | Net asset value, beginning of period |
Net investment income |
Net gains (losses) on securities (both realized and unrealized) |
Total from investment operations |
Dividends (from net investment income) |
Net asset value, end of period |
Total return2 |
Net assets, end of period (in millions) |
Ratio of expenses to average net assets |
Ratio of net income to average net assets |
||||||||||||||||||||||||||||||
Class A: | ||||||||||||||||||||||||||||||||||||||||
7/31/2016 | $ | 12.96 | $ | .41 | $ | .44 | $ | .85 | $ | (.41 | ) | $ | 13.40 | 6.69 | % | $ | 9,510 | .54 | % | 3.15 | % | |||||||||||||||||||
7/31/2015 | 12.92 | .42 | .04 | .46 | (.42 | ) | 12.96 | 3.62 | 7,385 | .54 | 3.28 | |||||||||||||||||||||||||||||
7/31/2014 | 12.44 | .45 | .48 | .93 | (.45 | ) | 12.92 | 7.60 | 6,772 | .56 | 3.57 | |||||||||||||||||||||||||||||
7/31/20133,4 | 13.08 | .40 | (.64 | ) | (.24 | ) | (.40 | ) | 12.44 | (1.93 | )5 | 6,984 | .55 | 6 | 3.35 | 6 | ||||||||||||||||||||||||
8/31/2012 | 12.26 | .47 | .82 | 1.29 | (.47 | ) | 13.08 | 10.71 | 7,445 | .55 | 3.73 | |||||||||||||||||||||||||||||
8/31/2011 | 12.53 | .48 | (.27 | ) | .21 | (.48 | ) | 12.26 | 1.85 | 6,557 | .55 | 4.01 | ||||||||||||||||||||||||||||
Class B: | ||||||||||||||||||||||||||||||||||||||||
7/31/2016 | 12.96 | .31 | .44 | .75 | (.31 | ) | 13.40 | 5.90 | 3 | 1.28 | 2.43 | |||||||||||||||||||||||||||||
7/31/2015 | 12.92 | .33 | .04 | .37 | (.33 | ) | 12.96 | 2.85 | 7 | 1.28 | 2.55 | |||||||||||||||||||||||||||||
7/31/2014 | 12.44 | .35 | .48 | .83 | (.35 | ) | 12.92 | 6.81 | 13 | 1.30 | 2.84 | |||||||||||||||||||||||||||||
7/31/20133,4 | 13.08 | .31 | (.64 | ) | (.33 | ) | (.31 | ) | 12.44 | (2.59 | )5 | 20 | 1.30 | 6 | 2.61 | 6 | ||||||||||||||||||||||||
8/31/2012 | 12.26 | .38 | .82 | 1.20 | (.38 | ) | 13.08 | 9.90 | 30 | 1.29 | 3.01 | |||||||||||||||||||||||||||||
8/31/2011 | 12.53 | .39 | (.27 | ) | .12 | (.39 | ) | 12.26 | 1.08 | 40 | 1.30 | 3.26 | ||||||||||||||||||||||||||||
Class C: | ||||||||||||||||||||||||||||||||||||||||
7/31/2016 | 12.96 | .31 | .44 | .75 | (.31 | ) | 13.40 | 5.85 | 517 | 1.33 | 2.35 | |||||||||||||||||||||||||||||
7/31/2015 | 12.92 | .32 | .04 | .36 | (.32 | ) | 12.96 | 2.80 | 349 | 1.33 | 2.50 | |||||||||||||||||||||||||||||
7/31/2014 | 12.44 | .35 | .48 | .83 | (.35 | ) | 12.92 | 6.75 | 325 | 1.35 | 2.79 | |||||||||||||||||||||||||||||
7/31/20133,4 | 13.08 | .31 | (.64 | ) | (.33 | ) | (.31 | ) | 12.44 | (2.64 | )5 | 375 | 1.34 | 6 | 2.56 | 6 | ||||||||||||||||||||||||
8/31/2012 | 12.26 | .37 | .82 | 1.19 | (.37 | ) | 13.08 | 9.85 | 420 | 1.34 | 2.94 | |||||||||||||||||||||||||||||
8/31/2011 | 12.53 | .39 | (.27 | ) | .12 | (.39 | ) | 12.26 | 1.03 | 370 | 1.35 | 3.21 | ||||||||||||||||||||||||||||
Class F-1: | ||||||||||||||||||||||||||||||||||||||||
7/31/2016 | 12.96 | .39 | .44 | .83 | (.39 | ) | 13.40 | 6.53 | 518 | .67 | 3.04 | |||||||||||||||||||||||||||||
7/31/2015 | 12.92 | .41 | .04 | .45 | (.41 | ) | 12.96 | 3.49 | 1,474 | .67 | 3.16 | |||||||||||||||||||||||||||||
7/31/2014 | 12.44 | .43 | .48 | .91 | (.43 | ) | 12.92 | 7.46 | 1,389 | .68 | 3.46 | |||||||||||||||||||||||||||||
7/31/20133,4 | 13.08 | .39 | (.64 | ) | (.25 | ) | (.39 | ) | 12.44 | (2.05 | )5 | 1,659 | .68 | 6 | 3.21 | 6 | ||||||||||||||||||||||||
8/31/2012 | 12.26 | .46 | .82 | 1.28 | (.46 | ) | 13.08 | 10.59 | 1,526 | .66 | 3.62 | |||||||||||||||||||||||||||||
8/31/2011 | 12.53 | .47 | (.27 | ) | .20 | (.47 | ) | 12.26 | 1.73 | 1,356 | .66 | 3.90 | ||||||||||||||||||||||||||||
Class F-2: | ||||||||||||||||||||||||||||||||||||||||
7/31/2016 | 12.96 | .43 | .44 | .87 | (.43 | ) | 13.40 | 6.84 | 2,879 | .40 | 3.26 | |||||||||||||||||||||||||||||
7/31/2015 | 12.92 | .44 | .04 | .48 | (.44 | ) | 12.96 | 3.76 | 990 | .41 | 3.42 | |||||||||||||||||||||||||||||
7/31/2014 | 12.44 | .46 | .48 | .94 | (.46 | ) | 12.92 | 7.74 | 662 | .42 | 3.70 | |||||||||||||||||||||||||||||
7/31/20133,4 | 13.08 | .42 | (.64 | ) | (.22 | ) | (.42 | ) | 12.44 | (1.81 | )5 | 327 | .42 | 6 | 3.49 | 6 | ||||||||||||||||||||||||
8/31/2012 | 12.26 | .49 | .82 | 1.31 | (.49 | ) | 13.08 | 10.88 | 239 | .40 | 3.87 | |||||||||||||||||||||||||||||
8/31/2011 | 12.53 | .50 | (.27 | ) | .23 | (.50 | ) | 12.26 | 1.99 | 196 | .41 | 4.15 | ||||||||||||||||||||||||||||
Class R-6: | ||||||||||||||||||||||||||||||||||||||||
7/31/2016 | 12.96 | .44 | .44 | .88 | (.44 | ) | 13.40 | 6.95 | 391 | .29 | 3.39 | |||||||||||||||||||||||||||||
7/31/2015 | 12.92 | .46 | .04 | .50 | (.46 | ) | 12.96 | 3.86 | 270 | .30 | 3.52 | |||||||||||||||||||||||||||||
7/31/2014 | 12.44 | .48 | .48 | .96 | (.48 | ) | 12.92 | 7.86 | 165 | .31 | 3.81 | |||||||||||||||||||||||||||||
7/31/20133,4 | 13.08 | .43 | (.64 | ) | (.21 | ) | (.43 | ) | 12.44 | (1.71 | )5 | 115 | .31 | 6 | 3.58 | 6 | ||||||||||||||||||||||||
8/31/20124,7 | 12.94 | .14 | .15 | .29 | (.15 | ) | 13.08 | 2.25 | 5 | 42 | .09 | 5 | 1.15 | 5 |
Year ended July 31 |
For the period 9/1/2012 to |
Year ended August 31 | ||||||||||
2016 | 2015 | 2014 | 7/31/20133,4,5 | 2012 | 2011 | |||||||
Portfolio turnover rate for all share classes | 13% | 14% | 10% | 16% | 14% | 12% |
1 | Based on average shares outstanding. |
2 | Total returns exclude any applicable sales charges, including contingent deferred sales charges. |
3 | In 2013, the fund changed its fiscal year-end from August to July. |
4 | Based on operations for the period shown and, accordingly, is not representative of a full year. |
5 | Not annualized. |
6 | Annualized. |
7 | Class R-6 shares were offered beginning May 11, 2012. |
See Notes to Financial Statements
72 | American Funds Tax-Exempt Funds |
American High-Income Municipal Bond Fund
Income (loss) from investment operations1 | ||||||||||||||||||||||||||||||||||||||||
Period ended | Net asset value, beginning of period |
Net investment income |
Net gains (losses) on securities (both realized and unrealized) |
Total from investment operations |
Dividends (from net investment income) |
Net asset value, end of period |
Total return2 |
Net assets, end of period (in millions) |
Ratio of expenses to average net assets |
Ratio of net income to average net assets |
||||||||||||||||||||||||||||||
Class A: | ||||||||||||||||||||||||||||||||||||||||
7/31/2016 | $ | 15.40 | $ | .63 | $ | .79 | $ | 1.42 | $ | (.61 | ) | $ | 16.21 | 9.45 | % | $ | 3,519 | .67 | % | 4.02 | % | |||||||||||||||||||
7/31/2015 | 15.22 | .64 | .17 | .81 | (.63 | ) | 15.40 | 5.34 | 2,700 | .68 | 4.13 | |||||||||||||||||||||||||||||
7/31/2014 | 14.48 | .68 | .73 | 1.41 | (.67 | ) | 15.22 | 9.99 | 2,357 | .68 | 4.59 | |||||||||||||||||||||||||||||
7/31/2013 | 15.13 | .63 | (.65 | ) | (.02 | ) | (.63 | ) | 14.48 | (.25 | ) | 2,246 | .69 | 4.14 | ||||||||||||||||||||||||||
7/31/2012 | 13.78 | .66 | 1.35 | 2.01 | (.66 | ) | 15.13 | 14.98 | 2,286 | .68 | 4.64 | |||||||||||||||||||||||||||||
Class B: | ||||||||||||||||||||||||||||||||||||||||
7/31/2016 | 15.40 | .52 | .79 | 1.31 | (.50 | ) | 16.21 | 8.67 | 1 | 1.38 | 3.36 | |||||||||||||||||||||||||||||
7/31/2015 | 15.22 | .53 | .17 | .70 | (.52 | ) | 15.40 | 4.60 | 4 | 1.39 | 3.43 | |||||||||||||||||||||||||||||
7/31/2014 | 14.48 | .57 | .73 | 1.30 | (.56 | ) | 15.22 | 9.17 | 6 | 1.44 | 3.87 | |||||||||||||||||||||||||||||
7/31/2013 | 15.13 | .52 | (.65 | ) | (.13 | ) | (.52 | ) | 14.48 | (.97 | ) | 10 | 1.42 | 3.42 | ||||||||||||||||||||||||||
7/31/2012 | 13.78 | .56 | 1.35 | 1.91 | (.56 | ) | 15.13 | 14.14 | 16 | 1.42 | 3.96 | |||||||||||||||||||||||||||||
Class C: | ||||||||||||||||||||||||||||||||||||||||
7/31/2016 | 15.40 | .52 | .79 | 1.31 | (.50 | ) | 16.21 | 8.62 | 247 | 1.43 | 3.26 | |||||||||||||||||||||||||||||
7/31/2015 | 15.22 | .52 | .17 | .69 | (.51 | ) | 15.40 | 4.55 | 182 | 1.44 | 3.37 | |||||||||||||||||||||||||||||
7/31/2014 | 14.48 | .56 | .73 | 1.29 | (.55 | ) | 15.22 | 9.12 | 161 | 1.48 | 3.80 | |||||||||||||||||||||||||||||
7/31/2013 | 15.13 | .52 | (.65 | ) | (.13 | ) | (.52 | ) | 14.48 | (1.02 | ) | 161 | 1.46 | 3.37 | ||||||||||||||||||||||||||
7/31/2012 | 13.78 | .55 | 1.35 | 1.90 | (.55 | ) | 15.13 | 14.09 | 170 | 1.46 | 3.86 | |||||||||||||||||||||||||||||
Class F-1: | ||||||||||||||||||||||||||||||||||||||||
7/31/2016 | 15.40 | .62 | .79 | 1.41 | (.60 | ) | 16.21 | 9.37 | 282 | .74 | 3.95 | |||||||||||||||||||||||||||||
7/31/2015 | 15.22 | .62 | .17 | .79 | (.61 | ) | 15.40 | 5.27 | 207 | .75 | 4.06 | |||||||||||||||||||||||||||||
7/31/2014 | 14.48 | .66 | .73 | 1.39 | (.65 | ) | 15.22 | 9.87 | 178 | .79 | 4.49 | |||||||||||||||||||||||||||||
7/31/2013 | 15.13 | .62 | (.65 | ) | (.03 | ) | (.62 | ) | 14.48 | (.35 | ) | 172 | .79 | 4.04 | ||||||||||||||||||||||||||
7/31/2012 | 13.78 | .65 | 1.35 | 2.00 | (.65 | ) | 15.13 | 14.89 | 191 | .76 | 4.56 | |||||||||||||||||||||||||||||
Class F-2: | ||||||||||||||||||||||||||||||||||||||||
7/31/2016 | 15.40 | .66 | .79 | 1.45 | (.64 | ) | 16.21 | 9.65 | 775 | .48 | 4.18 | |||||||||||||||||||||||||||||
7/31/2015 | 15.22 | .66 | .17 | .83 | (.65 | ) | 15.40 | 5.53 | 321 | .49 | 4.32 | |||||||||||||||||||||||||||||
7/31/2014 | 14.48 | .70 | .73 | 1.43 | (.69 | ) | 15.22 | 10.15 | 223 | .53 | 4.71 | |||||||||||||||||||||||||||||
7/31/2013 | 15.13 | .66 | (.65 | ) | .01 | (.66 | ) | 14.48 | (.09 | ) | 126 | .52 | 4.31 | |||||||||||||||||||||||||||
7/31/2012 | 13.78 | .69 | 1.35 | 2.04 | (.69 | ) | 15.13 | 15.20 | 87 | .49 | 4.81 | |||||||||||||||||||||||||||||
Class R-6: | ||||||||||||||||||||||||||||||||||||||||
7/31/2016 | 15.40 | .68 | .79 | 1.47 | (.66 | ) | 16.21 | 9.76 | 269 | .38 | 4.31 | |||||||||||||||||||||||||||||
7/31/2015 | 15.22 | .68 | .17 | .85 | (.67 | ) | 15.40 | 5.64 | 188 | .39 | 4.42 | |||||||||||||||||||||||||||||
7/31/2014 | 14.48 | .72 | .73 | 1.45 | (.71 | ) | 15.22 | 10.27 | 108 | .42 | 4.82 | |||||||||||||||||||||||||||||
7/31/2013 | 15.13 | .68 | (.65 | ) | .03 | (.68 | ) | 14.48 | .02 | 58 | .40 | 4.44 | ||||||||||||||||||||||||||||
7/31/20123,4 | 14.86 | .14 | .28 | .42 | (.15 | ) | 15.13 | 2.85 | 5 | 13 | .08 | 5 | 1.00 | 5 |
Year ended July 31 | |||||||||||
2016 | 2015 | 2014 | 2013 | 2012 | |||||||
Portfolio turnover rate for all share classes | 21% | 23% | 24% | 25% | 20% |
1 | Based on average shares outstanding. |
2 | Total returns exclude any applicable sales charges, including contingent deferred sales charges. |
3 | Class R-6 shares were offered beginning May 11, 2012. |
4 | Based on operations for the period shown and, accordingly, is not representative of a full year. |
5 | Not annualized. |
See Notes to Financial Statements
American Funds Tax-Exempt Funds | 73 |
Financial highlights (continued)
The Tax-Exempt Fund of California
Income (loss) from investment operations1 | ||||||||||||||||||||||||||||||||||||||||
Period ended | Net asset value, beginning of period |
Net investment income |
Net gains (losses) on securities (both realized and unrealized) |
Total from investment operations |
Dividends (from net investment income) |
Net asset value, end of period |
Total return2 |
Net assets, end of period (in millions) |
Ratio of expenses to average net assets |
Ratio of net income to average net assets |
||||||||||||||||||||||||||||||
Class A: | ||||||||||||||||||||||||||||||||||||||||
7/31/2016 | $ | 17.62 | $ | .57 | $ | .58 | $ | 1.15 | $ | (.56 | ) | $ | 18.21 | 6.65 | % | $ | 1,678 | .60 | % | 3.17 | % | |||||||||||||||||||
7/31/2015 | 17.52 | .60 | .09 | .69 | (.59 | ) | 17.62 | 3.98 | 1,386 | .62 | 3.38 | |||||||||||||||||||||||||||||
7/31/2014 | 16.72 | .63 | .80 | 1.43 | (.63 | ) | 17.52 | 8.72 | 1,265 | .63 | 3.72 | |||||||||||||||||||||||||||||
7/31/20133,4 | 17.54 | .59 | (.82 | ) | (.23 | ) | (.59 | ) | 16.72 | (1.45 | )5 | 1,250 | .63 | 6 | 3.64 | 6 | ||||||||||||||||||||||||
8/31/2012 | 16.32 | .66 | 1.22 | 1.88 | (.66 | ) | 17.54 | 11.70 | 1,334 | .63 | 3.89 | |||||||||||||||||||||||||||||
8/31/2011 | 16.63 | .65 | (.31 | ) | .34 | (.65 | ) | 16.32 | 2.24 | 1,218 | .64 | 4.08 | ||||||||||||||||||||||||||||
Class B: | ||||||||||||||||||||||||||||||||||||||||
7/31/2016 | 17.62 | .44 | .58 | 1.02 | (.43 | ) | 18.21 | 5.88 | — | 7 | 1.34 | 2.51 | ||||||||||||||||||||||||||||
7/31/2015 | 17.52 | .47 | .09 | .56 | (.46 | ) | 17.62 | 3.22 | 1 | 1.35 | 2.65 | |||||||||||||||||||||||||||||
7/31/2014 | 16.72 | .51 | .79 | 1.30 | (.50 | ) | 17.52 | 7.93 | 2 | 1.38 | 3.00 | |||||||||||||||||||||||||||||
7/31/20133,4 | 17.54 | .47 | (.82 | ) | (.35 | ) | (.47 | ) | 16.72 | (2.12 | )5 | 3 | 1.37 | 6 | 2.90 | 6 | ||||||||||||||||||||||||
8/31/2012 | 16.32 | .53 | 1.22 | 1.75 | (.53 | ) | 17.54 | 10.89 | 5 | 1.37 | 3.17 | |||||||||||||||||||||||||||||
8/31/2011 | 16.63 | .53 | (.31 | ) | .22 | (.53 | ) | 16.32 | 1.48 | 7 | 1.39 | 3.33 | ||||||||||||||||||||||||||||
Class C: | ||||||||||||||||||||||||||||||||||||||||
7/31/2016 | 17.62 | .43 | .58 | 1.01 | (.42 | ) | 18.21 | 5.82 | 97 | 1.39 | 2.38 | |||||||||||||||||||||||||||||
7/31/2015 | 17.52 | .46 | .09 | .55 | (.45 | ) | 17.62 | 3.16 | 78 | 1.40 | 2.59 | |||||||||||||||||||||||||||||
7/31/2014 | 16.72 | .50 | .80 | 1.30 | (.50 | ) | 17.52 | 7.87 | 76 | 1.42 | 2.94 | |||||||||||||||||||||||||||||
7/31/20133,4 | 17.54 | .46 | (.82 | ) | (.36 | ) | (.46 | ) | 16.72 | (2.16 | )5 | 87 | 1.42 | 6 | 2.85 | 6 | ||||||||||||||||||||||||
8/31/2012 | 16.32 | .52 | 1.22 | 1.74 | (.52 | ) | 17.54 | 10.83 | 101 | 1.42 | 3.10 | |||||||||||||||||||||||||||||
8/31/2011 | 16.63 | .52 | (.31 | ) | .21 | (.52 | ) | 16.32 | 1.42 | 91 | 1.44 | 3.28 | ||||||||||||||||||||||||||||
Class F-1: | ||||||||||||||||||||||||||||||||||||||||
7/31/2016 | 17.62 | .55 | .58 | 1.13 | (.54 | ) | 18.21 | 6.52 | 83 | .73 | 3.04 | |||||||||||||||||||||||||||||
7/31/2015 | 17.52 | .58 | .09 | .67 | (.57 | ) | 17.62 | 3.85 | 63 | .74 | 3.26 | |||||||||||||||||||||||||||||
7/31/2014 | 16.72 | .61 | .80 | 1.41 | (.61 | ) | 17.52 | 8.59 | 65 | .76 | 3.60 | |||||||||||||||||||||||||||||
7/31/20133,4 | 17.54 | .56 | (.82 | ) | (.26 | ) | (.56 | ) | 16.72 | (1.58 | )5 | 74 | .77 | 6 | 3.50 | 6 | ||||||||||||||||||||||||
8/31/2012 | 16.32 | .64 | 1.22 | 1.86 | (.64 | ) | 17.54 | 11.59 | 82 | .73 | 3.79 | |||||||||||||||||||||||||||||
8/31/2011 | 16.63 | .64 | (.31 | ) | .33 | (.64 | ) | 16.32 | 2.13 | 82 | .74 | 3.98 | ||||||||||||||||||||||||||||
Class F-2: | ||||||||||||||||||||||||||||||||||||||||
7/31/2016 | 17.62 | .60 | .58 | 1.18 | (.59 | ) | 18.21 | 6.79 | 213 | .48 | 3.29 | |||||||||||||||||||||||||||||
7/31/2015 | 17.52 | .62 | .09 | .71 | (.61 | ) | 17.62 | 4.10 | 134 | .49 | 3.51 | |||||||||||||||||||||||||||||
7/31/2014 | 16.72 | .65 | .80 | 1.45 | (.65 | ) | 17.52 | 8.85 | 110 | .51 | 3.84 | |||||||||||||||||||||||||||||
7/31/20133,4 | 17.54 | .60 | (.82 | ) | (.22 | ) | (.60 | ) | 16.72 | (1.35 | )5 | 91 | .51 | 6 | 3.77 | 6 | ||||||||||||||||||||||||
8/31/2012 | 16.32 | .68 | 1.22 | 1.90 | (.68 | ) | 17.54 | 11.87 | 74 | .48 | 4.02 | |||||||||||||||||||||||||||||
8/31/2011 | 16.63 | .67 | (.31 | ) | .36 | (.67 | ) | 16.32 | 2.38 | 41 | .50 | 4.22 |
Year ended July 31 |
For the period 9/1/2012 to |
Year ended August 31 | ||||||||||
2016 | 2015 | 2014 | 7/31/20133,4,5 | 2012 | 2011 | |||||||
Portfolio turnover rate for all share classes | 11% | 17% | 8% | 12% | 15% | 10% |
1 | Based on average shares outstanding. |
2 | Total returns exclude any applicable sales charges, including contingent deferred sales charges. |
3 | In 2013, the fund changed its fiscal year-end from August to July. |
4 | Based on operations for the period shown and, accordingly, is not representative of a full year. |
5 | Not annualized. |
6 | Annualized. |
7 | Amount less than $1 million. |
See Notes to Financial Statements
74 | American Funds Tax-Exempt Funds |
American Funds Tax-Exempt Fund of New York
Income (loss) from investment operations1 | ||||||||||||||||||||||||||||||||||||||||||||
Period ended | Net asset value, beginning of year |
Net investment income |
Net gains (losses) on securities (both realized and unrealized) |
Total from investment operations |
Dividends (from net investment income) |
Net asset value, end of year |
Total return2,3 |
Net assets, end of year (in millions) |
Ratio of expenses to average net assets before reimbursements |
Ratio of expenses to average net assets after reimbursements2 |
Ratio of net income to average net assets2 |
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Class A: | ||||||||||||||||||||||||||||||||||||||||||||
7/31/2016 | $ | 10.66 | $ | .28 | $ | .45 | $ | .73 | $ | (.27 | ) | $ | 11.12 | 6.95 | %4 | $ | 161 | .72 | %4 | .69 | %4 | 2.54 | %4 | |||||||||||||||||||||
7/31/2015 | 10.58 | .32 | .07 | .39 | (.31 | ) | 10.66 | 3.65 | 4 | 124 | .72 | 4 | .67 | 4 | 2.91 | 4 | ||||||||||||||||||||||||||||
7/31/2014 | 10.21 | .31 | .37 | .68 | (.31 | ) | 10.58 | 6.83 | 4 | 102 | .73 | 4 | .63 | 4 | 3.07 | 4 | ||||||||||||||||||||||||||||
7/31/2013 | 10.85 | .31 | (.64 | ) | (.33 | ) | (.31 | ) | 10.21 | (3.16 | )4 | 100 | .66 | 4 | .59 | 4 | 2.88 | 4 | ||||||||||||||||||||||||||
7/31/2012 | 9.98 | .32 | .87 | 1.19 | (.32 | ) | 10.85 | 12.11 | 4 | 106 | .76 | 4 | .63 | 4 | 3.06 | 4 | ||||||||||||||||||||||||||||
Class B: | ||||||||||||||||||||||||||||||||||||||||||||
7/31/2016 | 10.66 | .25 | .45 | .70 | (.24 | ) | 11.12 | 6.64 | 4 | – | 5 | 1.06 | 4 | 1.03 | 4 | 2.24 | 4 | |||||||||||||||||||||||||||
7/31/2015 | 10.58 | .23 | .07 | .30 | (.22 | ) | 10.66 | 2.87 | 4 | – | 5 | 1.49 | 4 | 1.43 | 4 | 2.15 | 4 | |||||||||||||||||||||||||||
7/31/2014 | 10.21 | .23 | .37 | .60 | (.23 | ) | 10.58 | 5.98 | 4 | – | 5 | 1.51 | 4 | 1.44 | 4 | 2.29 | 4 | |||||||||||||||||||||||||||
7/31/2013 | 10.85 | .22 | (.64 | ) | (.42 | ) | (.22 | ) | 10.21 | (4.00 | )4 | – | 5 | 1.53 | 4 | 1.46 | 4 | 1.99 | 4 | |||||||||||||||||||||||||
7/31/2012 | 9.98 | .23 | .87 | 1.10 | (.23 | ) | 10.85 | 11.18 | 4 | – | 5 | 1.59 | 4 | 1.45 | 4 | 2.24 | 4 | |||||||||||||||||||||||||||
Class C: | ||||||||||||||||||||||||||||||||||||||||||||
7/31/2016 | 10.66 | .20 | .45 | .65 | (.19 | ) | 11.12 | 6.11 | 14 | 1.51 | 1.48 | 1.75 | ||||||||||||||||||||||||||||||||
7/31/2015 | 10.58 | .23 | .07 | .30 | (.22 | ) | 10.66 | 2.79 | 10 | 1.56 | 1.50 | 2.07 | ||||||||||||||||||||||||||||||||
7/31/2014 | 10.21 | .22 | .37 | .59 | (.22 | ) | 10.58 | 5.89 | 8 | 1.60 | 1.51 | 2.19 | ||||||||||||||||||||||||||||||||
7/31/2013 | 10.85 | .21 | (.64 | ) | (.43 | ) | (.21 | ) | 10.21 | (4.04 | ) | 8 | 1.58 | 1.50 | 1.96 | |||||||||||||||||||||||||||||
7/31/2012 | 9.98 | .23 | .87 | 1.10 | (.23 | ) | 10.85 | 11.12 | 7 | 1.62 | 1.50 | 2.17 | ||||||||||||||||||||||||||||||||
Class F-1: | ||||||||||||||||||||||||||||||||||||||||||||
7/31/2016 | 10.66 | .29 | .45 | .74 | (.28 | ) | 11.12 | 7.02 | 4 | 2 | .65 | 4 | .62 | 4 | 2.61 | 4 | ||||||||||||||||||||||||||||
7/31/2015 | 10.58 | .31 | .07 | .38 | (.30 | ) | 10.66 | 3.58 | 4 | 2 | .80 | 4 | .74 | 4 | 2.83 | 4 | ||||||||||||||||||||||||||||
7/31/2014 | 10.21 | .31 | .37 | .68 | (.31 | ) | 10.58 | 6.77 | 4 | 1 | .77 | 4 | .68 | 4 | 3.03 | 4 | ||||||||||||||||||||||||||||
7/31/2013 | 10.85 | .29 | (.64 | ) | (.35 | ) | (.29 | ) | 10.21 | (3.36 | )4 | 1 | .86 | 4 | .79 | 4 | 2.67 | 4 | ||||||||||||||||||||||||||
7/31/2012 | 9.98 | .31 | .87 | 1.18 | (.31 | ) | 10.85 | 11.95 | 4 | 2 | .86 | 4 | .74 | 4 | 2.94 | 4 | ||||||||||||||||||||||||||||
Class F-2: | ||||||||||||||||||||||||||||||||||||||||||||
7/31/2016 | 10.66 | .30 | .45 | .75 | (.29 | ) | 11.12 | 7.10 | 31 | .58 | .55 | 2.68 | ||||||||||||||||||||||||||||||||
7/31/2015 | 10.58 | .33 | .07 | .40 | (.32 | ) | 10.66 | 3.77 | 20 | .61 | .56 | 3.02 | ||||||||||||||||||||||||||||||||
7/31/2014 | 10.21 | .32 | .37 | .69 | (.32 | ) | 10.58 | 6.89 | 16 | .66 | .57 | 3.13 | ||||||||||||||||||||||||||||||||
7/31/2013 | 10.85 | .31 | (.64 | ) | (.33 | ) | (.31 | ) | 10.21 | (3.14 | ) | 14 | .64 | .57 | 2.90 | |||||||||||||||||||||||||||||
7/31/2012 | 9.98 | .33 | .87 | 1.20 | (.33 | ) | 10.85 | 12.21 | 13 | .63 | .53 | 3.13 |
Year ended July 31 | ||||||||||
2016 | 2015 | 2014 | 2013 | 2012 | ||||||
Portfolio turnover rate for all share classes | 14% | 42% | 25% | 23% | 15% |
1 | Based on average shares outstanding. |
2 | This column reflects the impact, if any, of certain reimbursements from CRMC. During the periods shown, CRMC reduced fees for other fees and expenses. |
3 | Total returns exclude any applicable sales charges, including contingent deferred sales charges. |
4 | All or a significant portion of assets in this class consisted of seed capital invested by CRMC and/or its affiliates. Fees for distribution services are not charged or accrued on these seed capital assets. If such fees were paid by the fund on seed capital assets, fund expenses would have been higher and net income and total return would have been lower. |
5 | Amount less than $1 million. |
See Notes to Financial Statements
American Funds Tax-Exempt Funds | 75 |
Report of Independent Registered Public Accounting Firm
To the Board of Trustees and Shareholders of American Funds Short-Term Tax-Exempt Bond Fund, Limited Term Tax-Exempt Bond Fund of America, The Tax-Exempt Bond Fund of America, American High-Income Municipal Bond Fund, The Tax-Exempt Fund of California and American Funds Tax-Exempt Fund of New York
In our opinion, the accompanying statements of assets and liabilities, including the the summary investment portfolios, and the related statements of operations and of changes in net assets and the financial highlights present fairly, in all material respects, the financial position of American Funds Short-Term Tax-Exempt Bond Fund, Limited Term Tax-Exempt Bond Fund of America, The Tax-Exempt Bond Fund of America, American High-Income Municipal Bond Fund, The Tax-Exempt Fund of California and American Funds Tax-Exempt Fund of New York (the “Funds”) at July 31, 2016, the results of each of their operations for the year then ended, the changes in each of their net assets for each of the two years in the period then ended and the financial highlights for each of the periods presented (other than as noted below for The Tax-Exempt Fund of California), in conformity with accounting principles generally accepted in the United States of America. These financial statements and financial highlights (hereafter referred to as “financial statements”) are the responsibility of the Funds’ management. Our responsibility is to express an opinion on these financial statements based on our audits. We conducted our audits of these financial statements in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements, assessing the accounting principles used and significant estimates made by management, and evaluating the overall financial statement presentation. We believe that our audits, which included confirmation of securities at July 31, 2016 by correspondence with the custodian and brokers, provide a reasonable basis for our opinion. The financial highlights of The Tax-Exempt Fund of California for each of the periods ended on or before July 31, 2013, were audited by another independent registered public accounting firm whose report, dated September 9, 2013, expressed an unqualified opinion on those financial highlights.
PricewaterhouseCoopers LLP
Los Angeles, California
September 12, 2016
76 | American Funds Tax-Exempt Funds |