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MFGEPBX-965-1214 Printed in USA CGD/AFD/8020 Page 2: Statement of AdditionalInformation Page 9 and 10: Liquidity and valuation There m Page 11 and 12: Transportation Authority, to seek p Page 13 and 14: Restricted or illiquid securities Page 15 and 16: Risk factors relating to New York d Page 17 and 18: Portfolio turnover Portfolio ch Page 19 and 20: Additional information about the fu Page 21 and 22: Name, age andposition with fund(yea Page 23 and 24: Name, age andposition with fund(yea Page 25 and 26: Name, age andposition with fund(yea Page 27 and 28: Dollar range 1of fundNameshares own Page 29 and 30: Trustee compensation earned during Page 31 and 32: Fund organization and the board of Page 33 and 34: The fund has a nominating and gover Page 35 and 36: Shareholder rights Proposals to Page 37 and 38: Limited Term Tax-Exempt Bond Fund o Page 39 and 40: American High-Income Municipal Bond Page 41 and 42: American Funds Tax-Exempt Fund of N Page 43 and 44: American Funds Short-Term Tax-Exemp Page 45 and 46: Investment Advisory and Service Agr Page 47 and 48: The Tax-Exempt Bond Fund of America Page 49 and 50: The Tax-Exempt Fund of California: Page 51 and 52: During the 2014 fiscal year, admini Page 53 and 54: Fiscal yearCommissions,revenueor fe Page 55 and 56: During the 2014 fiscal year, 12b-1 Page 57 and 58: Lincoln NetworkLincoln Capital Corp Page 59 and 60: Execution of portfolio transactions Page 61 and 62: Brokerage commissions paid on portf Page 63 and 64: Subject to board policies, the auth Page 65 and 66: Fixed-income securities, including Page 67 and 68: Taxes and distributionsDisclaimer: Page 69 and 70: for taxpayers when determining thei Page 71 and 72: By wire If you are making a wir Page 73 and 74: In making its decision, the board o Page 75 and 76: Sales chargesClass A purchasesPurch Page 77 and 78: Loan repayments Repayments on l Page 79 and 80: individual-type employee benefit pl Page 81 and 82: If you make a gift of American Fund Page 83 and 84: Shareholder account services and pr Page 85 and 86: each the fund by telephone because Page 87 and 88: Transfer agent feeAHIM Class A 1,15 Page 89 and 90: American Funds Short-Term Tax-Exemp Page 91 and 92: Fund numbers Here are the fund Page 93 and 94: AppendixThe following descriptions Page 95 and 96: CAn obligation rated C is currently Page 97 and 98: RDRestricted default

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M., Dilley, J

Cigarettes stopped being part of the picture, and he didnt look back

The sooner you quit the sooner the body can start to repair itself.