AMERICAN FUNDS TAX-EXEMPT FUND OF NEW YORK — new fund registration

AMERICAN FUNDS TAX-EXEMPT FUND OF NEW YORK registered 1 new fund series on Form N-1A, filed 2010-08-06. Featured series: AMERICAN FUNDS TAX-EXEMPT FUND OF NEW YORK.

Registration

Registrant / trust: AMERICAN FUNDS TAX-EXEMPT FUND OF NEW YORK
CIK: 0001496999
Form: N-1A
Filed: 2010-08-06
State of incorporation: DE
Accession: 0000051931-10-000432
Reported net assets: $293.4M

Series & classes (5)

Series	Class	Ticker	New
AMERICAN FUNDS TAX-EXEMPT FUND OF NEW YORK	Class A	NYAAX	Yes
AMERICAN FUNDS TAX-EXEMPT FUND OF NEW YORK	Class B	—	Yes
AMERICAN FUNDS TAX-EXEMPT FUND OF NEW YORK	Class C	NYACX	Yes
AMERICAN FUNDS TAX-EXEMPT FUND OF NEW YORK	Class F-1	NYAEX	Yes
AMERICAN FUNDS TAX-EXEMPT FUND OF NEW YORK	Class F-2	NYAFX	Yes

Fees (from the effective prospectus)

12b-1 fee: 0.25%
Gross expense ratio: 0.63%
Management fee: 0.25%
Net expense ratio: 0.58%
Other expenses: 0.13%

Investment objective

The funds primary investment objective is to provide you with a high level of current income exempt from regular federal, New York state and New York City income taxes.

Advisers

Capital Research and Management Company (Advisor)