The Tax-Exempt Bond Fund of America - Class F-3 (TFEBX)

The Tax-Exempt Bond Fund of America - Class F-3 (TFEBX) is a mutual fund that primarily invests in 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 capital. Class F-3 shares typically have a lower expense ratio and require a higher minimum investment compared to other classes of the same fund. This mutual fund is suitable for investors seeking tax-efficient income and a moderate level of risk.