See what your fund actually adds
American Funds Limited Term Tax Exempt Bond Fund® Class A LTEBX
Historical return decomposition and an investable replication portfolio, using data through 2026-10-09.
Fund and replication metrics
| Measure | LTEBX | Replication |
|---|---|---|
| Annualized growth | 0.9% | 0.9% |
| Annualized volatility | 3.1% | 3.3% |
| Sharpe ratio | 0.29 | 0.29 |
| Maximum drawdown | 7.3% | 8.4% |
| Replication fit (R²) | 0.93 · Tracking error 0.8% | |
Replication portfolio
The published portfolio below is the investable basket used to model LTEBX’s historical return behavior.
| Ticker | Building block | Weight |
|---|---|---|
| MUB | FI · Municipal | 57.3% |
| VGSH | FI · Short Gov | 36.7% |
| STIP | FI · Short TIPS | 6.0% |