LTEBX vs. PDIIX
Compare and contrast key facts about American Funds Limited Term Tax-Exempt Bond Fund (LTEBX) and PIMCO Diversified Income Fund (PDIIX).
LTEBX is managed by American Funds. It was launched on Oct 5, 1993. PDIIX is managed by PIMCO. It was launched on Jul 30, 2003.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LTEBX or PDIIX.
Correlation
The correlation between LTEBX and PDIIX is -0.10. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
LTEBX vs. PDIIX - Performance Comparison
Key characteristics
LTEBX:
0.75
PDIIX:
1.65
LTEBX:
1.02
PDIIX:
2.39
LTEBX:
1.18
PDIIX:
1.32
LTEBX:
0.77
PDIIX:
1.17
LTEBX:
2.92
PDIIX:
6.41
LTEBX:
0.84%
PDIIX:
1.02%
LTEBX:
3.19%
PDIIX:
4.04%
LTEBX:
-8.45%
PDIIX:
-22.29%
LTEBX:
-1.23%
PDIIX:
-1.41%
Returns By Period
In the year-to-date period, LTEBX achieves a 0.36% return, which is significantly lower than PDIIX's 1.17% return. Over the past 10 years, LTEBX has underperformed PDIIX with an annualized return of 1.35%, while PDIIX has yielded a comparatively higher 3.62% annualized return.
LTEBX
0.36%
1.73%
0.27%
2.39%
0.87%
1.35%
PDIIX
1.17%
1.48%
1.20%
6.62%
2.92%
3.62%
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LTEBX vs. PDIIX - Expense Ratio Comparison
LTEBX has a 0.57% expense ratio, which is lower than PDIIX's 0.75% expense ratio.
Risk-Adjusted Performance
LTEBX vs. PDIIX — Risk-Adjusted Performance Rank
LTEBX
PDIIX
LTEBX vs. PDIIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds Limited Term Tax-Exempt Bond Fund (LTEBX) and PIMCO Diversified Income Fund (PDIIX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
LTEBX vs. PDIIX - Dividend Comparison
LTEBX's dividend yield for the trailing twelve months is around 2.24%, less than PDIIX's 4.96% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LTEBX American Funds Limited Term Tax-Exempt Bond Fund | 2.24% | 2.35% | 1.92% | 1.17% | 0.81% | 1.35% | 1.86% | 2.04% | 2.04% | 2.09% | 2.35% | 2.44% |
PDIIX PIMCO Diversified Income Fund | 4.96% | 5.20% | 4.65% | 5.02% | 3.57% | 3.68% | 4.62% | 4.46% | 4.87% | 4.94% | 7.14% | 6.03% |
Drawdowns
LTEBX vs. PDIIX - Drawdown Comparison
The maximum LTEBX drawdown since its inception was -8.45%, smaller than the maximum PDIIX drawdown of -22.29%. Use the drawdown chart below to compare losses from any high point for LTEBX and PDIIX. For additional features, visit the drawdowns tool.
Volatility
LTEBX vs. PDIIX - Volatility Comparison
American Funds Limited Term Tax-Exempt Bond Fund (LTEBX) and PIMCO Diversified Income Fund (PDIIX) have volatilities of 1.44% and 1.42%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.