Tax-exempt Fund Financials

TEFEX Fund  USD 16.84  0.01  0.06%   
You can harness fundamental analysis to find out if Tax Exempt Fund is mispriced or if you can make any profits on it by purchasing it and then waiting for the market to recognize its mistake and reprise the security. We were able to analyze and collect data for thirteen available drivers for Tax Exempt Fund Of, which can be compared to its competition. The fund experiences a normal upward fluctuation. Check odds of Tax-exempt Fund to be traded at $17.68 in 90 days.
  
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.

Tax-exempt Fund Fund Summary

Tax-exempt Fund competes with Vanguard Energy, Fidelity Advisor, Short Oil, World Energy, and Hennessy. The fund seeks to achieve its objectives by primarily investing in municipal bonds issued by the state of California and its agencies and municipalities. It may also invest in municipal securities that are issued by jurisdictions outside California. The fund will invest at least 80 percent of its assets in, or derive at least 80 percent of its income from, securities that are exempt from both regular federal and California income taxes and that do not subject the investors to federal alternative minimum tax.
Specialization
Muni California Long, Large
InstrumentUSA Mutual Fund View All
ExchangeNMFQS Exchange
ISINUS02630B6048
Business AddressAmerican Funds Tax
Mutual Fund FamilyAmerican Funds
Mutual Fund CategoryMuni California Long
BenchmarkDow Jones Industrial
Phone800 421 4225
CurrencyUSD - US Dollar

Tax-exempt Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Tax-exempt Fund's current stock value. Our valuation model uses many indicators to compare Tax-exempt Fund value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Tax-exempt Fund competition to find correlations between indicators driving Tax-exempt Fund's intrinsic value. More Info.
Tax Exempt Fund Of is rated top fund in annual yield among similar funds. It also is rated top fund in year to date return among similar funds creating about  326.90  of Year To Date Return per Annual Yield. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Tax-exempt Fund's earnings, one of the primary drivers of an investment's value.

Tax Exempt Fund Systematic Risk

Tax-exempt Fund's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Tax-exempt Fund volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Illegal number of arguments. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Tax Exempt Fund correlated with the market. If Beta is less than 0 Tax-exempt Fund generally moves in the opposite direction as compared to the market. If Tax-exempt Fund Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Tax Exempt Fund is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Tax-exempt Fund is generally in the same direction as the market. If Beta > 1 Tax-exempt Fund moves generally in the same direction as, but more than the movement of the benchmark.
Tax Exempt Fund Of is rated top fund in net asset among similar funds. Total Asset Under Management (AUM) of Muni California Long category is currently estimated at about 7.61 Billion. Tax-exempt Fund totals roughly 2.26 Billion in net asset claiming about 30% of funds under Muni California Long category.

Tax-exempt Fund March 1, 2025 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Tax-exempt Fund help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Tax Exempt Fund Of. We use our internally-developed statistical techniques to arrive at the intrinsic value of Tax Exempt Fund Of based on widely used predictive technical indicators. In general, we focus on analyzing Tax-exempt Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Tax-exempt Fund's daily price indicators and compare them against related drivers.

Other Information on Investing in Tax-exempt Mutual Fund

Tax-exempt Fund financial ratios help investors to determine whether Tax-exempt Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Tax-exempt with respect to the benefits of owning Tax-exempt Fund security.
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