TLTTX Fees and Costs — Limited Term Tax Exempt Bond Fund of America, Class T
Data updated: 2026-10-14
The net expense ratio is 0.55%: a 0.22% management fee, a 0.25% 12b-1 fee plus 0.08% other expenses. There are no sales loads or redemption fees. Portfolio turnover was 46%.
TLTTX Fees and Expenses
Annual operating expenses and sales charges of TLTTX. Prospectus, as of February 28, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.22% |
| 12b-1 fee | 0.25% |
| Other expenses | 0.08% |
| Gross expense ratio | 0.55% |
| Fee waiver | — |
| Net expense ratio | 0.55% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
TLTTX Costs Over Time
On $10,000 invested in TLTTX, assuming 5% a year before costs, total costs come to $347 over 5 years, cutting the return by 0.58% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.55%) | $58 | $181 | $315 |
| Lost growth on money paid in costs | $0 | $9 | $32 |
| Total costs | $58 | $190 | $347 |
| Value after costs | $10,442 | $11,386 | $12,416 |
| Impact on return, per year | 0.58% | 0.58% | 0.58% |
TLTTX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending July 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $7.7B
- Portfolio turnover (prospectus): 46%
TLTTX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Bank of America Corporation | $2.2B | 31.72% |
| JPMorgan Chase & Co. | $1.4B | 19.91% |
| Barclays PLC | $914.9M | 13.24% |
| Morgan Stanley | $609.5M | 8.82% |
| Wells Fargo & Company | $536.8M | 7.77% |
| Royal Bank of Canada | $447.6M | 6.48% |
| The Goldman Sachs Group, Inc. | $415.3M | 6.01% |
| Jefferies Financial Group Inc. | $207.6M | 3.00% |
| The Toronto-Dominion Bank | $115.1M | 1.67% |
| Stifel Financial Corp. | $96.3M | 1.39% |
Limited Term Tax Exempt Bond Fund of America Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| FLTEX | Class F-3 | 0.27% | none |
| C000114837 | Class R-6 | 0.27% | none |
| LTEFX | Class F-2 | 0.37% | none |
| TLTTX | Class T | 0.55% | — |
| LTEBX | Class A | 0.61% | 2.50% |
| LTXFX | Class F-1 | 0.64% | none |
| LTXCX | Class C | 1.31% | none |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.