Limited Term Tax-Exempt Bond Fund of America - Class F-3 (FLTEX)

The Limited Term Tax-Exempt Bond Fund of America - Class F-3 (FLTEX) is a mutual fund that primarily invests in short-term, tax-exempt bonds issued by state and local governments. This fund aims to provide investors with a steady stream of tax-free income while also preserving their capital. The Class F-3 shares of this fund are typically offered to institutional investors and have a lower expense ratio compared to other share classes. This fund is suitable for investors seeking a conservative fixed-income investment option with potential tax benefits.