# American Funds Ltd Term Tax-Ex Bond Fd of America Cl F-1 Shs (LTXFX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/ltxfx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Capital Group · Asset class: Fixed Income - Strategy: Actively Managed · Inception: 1993-10-06 This fund aims to generate ongoing income that is free from ordinary federal income tax, while also safeguarding initial investment capital, all within specific maturity and credit quality guidelines. To achieve these objectives, a minimum of 80% of its holdings, or 80% of its generated income, will originate from securities exempt from regular federal income tax and that do not impose the federal alternative minimum tax on shareholders. The fund predominantly allocates capital to fixed-income instruments rated A- or higher by Standard & Poor's, A3 or higher by Moody's, or those unrated but... ## Key Facts | Metric | Value | |---|---| | Price | $15.36 | | Expense Ratio | 0.64% | | Assets Under Management | $5.92B | | NAV | $15.36 | | Holdings Count | 774 | | Distribution Yield (TTM) | 2.64% | | Annual Distribution (TTM) | $0.41 /share | | Distribution Frequency | Monthly | | 52-Week Range | $14.94 – $15.89 | | Beta | 0.56 | ## Latest Distribution - Amount: $0.0341 /share - Ex-date: 2026-09-30 - Pay date: 2026-10-01 ## Frequently Asked Questions ### What does LTXFX invest in? This fund aims to generate ongoing income that is free from ordinary federal income tax, while also safeguarding initial investment capital, all within specific maturity and credit quality guidelines. To achieve these objectives, a minimum of 80% of its holdings, or 80% of its generated income, will originate from securities exempt from regular federal income tax and that do not impose the federal alternative minimum tax on shareholders. The fund predominantly allocates capital to fixed-income instruments rated A- or higher by Standard & Poor's, A3 or higher by Moody's, or those unrated but judged by the investment adviser to possess equivalent creditworthiness. The portfolio's dollar-weighted average effective maturity is maintained between three and ten years. ### What is the expense ratio of LTXFX? American Funds Ltd Term Tax-Ex Bond Fd of America Cl F-1 Shs (LTXFX) charges an expense ratio of 0.64%. This is the annual fee deducted from fund assets to cover management and operations. ### What is LTXFX's dividend yield? LTXFX's trailing-twelve-month yield is 2.64%, calculated from the sum of dividends over the past year divided by the current price. ### What is the duration of LTXFX? Effective duration measures LTXFX's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. LTXFX's current duration is published on the fund's factsheet on the issuer's website. ### What is the credit quality of LTXFX? LTXFX's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds. ### What is the yield to maturity of LTXFX? Yield to maturity (YTM) is the total return you'd earn from LTXFX if every bond in the portfolio is held to maturity at the current price. LTXFX's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid. ### Does LTXFX pay a dividend? Yes, American Funds Ltd Term Tax-Ex Bond Fd of America Cl F-1 Shs (LTXFX) distributes dividends to shareholders. The trailing-twelve-month yield is 2.64%. Full dividend history is on this page. ### How often does LTXFX pay dividends? American Funds Ltd Term Tax-Ex Bond Fd of America Cl F-1 Shs pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is LTXFX's next ex-dividend date? The most recently announced ex-dividend date for LTXFX was 2026-09-30. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### How much will LTXFX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.64% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does LTXFX charge its expense ratio? The expense ratio is deducted in tiny daily slices from LTXFX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does LTXFX cost more than a fund like VOO? LTXFX is actively managed (current expense ratio 0.64%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether LTXFX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to LTXFX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as LTXFX (0.64%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/ltxfx - Distribution history: https://www.dividenddata.com/funds/ltxfx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/ltxfx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/ltxfx/expenses - Peer comparison: https://www.dividenddata.com/funds/ltxfx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.