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Get to know TAX EXEMPT BOND FUND OF AMERICA

The Tax-Exempt Bond Fund of America is one of the oldest and largest municipal bond funds in the United States, with an inception date of June 30, 1976. It is a key offering within the American Funds family, which is managed by Capital Group, a global investment management firm. The fund's primary objective is to generate income for investors that is not subject to federal income taxes by investing predominantly in a diversified portfolio of investment-grade municipal bonds issued by state and local governments across the United States.

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TAX EXEMPT BOND FUND OF AMERICA

United States

Founded in

2016 (10 Years)

Founded

Last online: No recent activity

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Markets.com

(326 reviews)

United States

2008

(18 years)

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.