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REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933
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[X]
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Pre-Effective Amendment No.
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[ ]
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Post-Effective Amendment No. 39
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[X]
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and/or
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REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF 1940
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[X]
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Amendment No. 38
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[X]
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Jeffrey L. Steele
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Copies to:
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Washington Management Corporation
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Robert W. Helm, Esq.
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1101 Vermont Avenue, N.W.
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Dechert LLP
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Washington, D.C. 20005
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1775 I Street, N.W.
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(Name and Address of Agent for Service)
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Washington, D.C. 20006
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(Counsel for the Registrant)
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[ X ]
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immediately upon filing pursuant to paragraph (b)
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on (date) pursuant to paragraph (b)
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60 days after filing pursuant to paragraph (a)(1)
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on (date) pursuant to paragraph (a)(1)
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75 days after filing pursuant to paragraph (a)(2)
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on (date) pursuant to paragraph (a)(2) of Rule 485
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this post-effective amendment designates a new effective date for a previously filed post-effective amendment.
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By:
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/s/Jeffrey L. Steele
Jeffrey L. Steele
President
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By:
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/s/Stephanie L. Pfromer
Stephanie L. Pfromer, Esq.
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Nariman Farvardin*
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James C. Miller III*
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| Nariman Farvardin | James C. Miller III | ||||
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Trustee
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Trustee
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Barbara Hackman Franklin*
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William J. Shaw*
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| Barbara Hackman Franklin | William J. Shaw | ||||
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Trustee
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Trustee
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R. Clark Hooper*
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J. Knox Singleton*
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| R. Clark Hooper | J. Knox Singleton | ||||
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Trustee
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Trustee and Chairman of the Board
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James H. Lemon, Jr.*
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/s/Jeffrey L. Steele
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| James H. Lemon, Jr. | Jeffrey L. Steele | ||||
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Trustee and Vice Chairman of the Board
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President and Trustee
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By /s/Michael W. Stockton
Michael W. Stockton
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By /s/Jeffrey L. Steele
Jeffrey L. Steele
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Senior Vice President, Treasurer, Chief Financial Officer and Assistant Secretary
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President
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*By /s/Michael W. Stockton
Michael W. Stockton
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Attorney-in-fact
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\s\ Nariman Farvardin
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\s\ James C. Miller III
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| Nariman Farvardin | James C. Miller III |
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\s\ Barbara H. Franklin
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\s\ William J. Shaw
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| Barbara H. Franklin | William J. Shaw |
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\s\ R. Clark Hooper
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\s\ J. Knox Singleton
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| R. Clark Hooper | J. Knox Singleton |
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\s\ James H. Lemon, Jr.
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\s\ Jeffrey L. Steele
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| James H. Lemon, Jr. | Jeffrey L. Steele |
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101.INS
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XBRL Instance Document
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101.SCH
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XBRL Taxonomy Extension Schema Document
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101.CAL
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XBRL Taxonomy Extension Calculation Linkbase
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101.DEF
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XBRL Taxonomy Extension Definition Linkbase
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101.LAB
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XBRL Taxonomy Extension Labels Linkbase
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101.PRE
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XBRL Taxonomy Extension Presentation Linkbase
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| Label | Element | Value | ||
|---|---|---|---|---|
| Risk Return [Abstract] | rr_RiskReturnAbstract | |||
| ProspectusDate | rr_ProspectusDate | Oct. 01, 2012 | ||
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The Tax-Exempt Fund of Maryland (Prospectus Summary) | The Tax-Exempt Fund of Maryland
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| Risk Return [Abstract] | rr_RiskReturnAbstract | |||
| Risk/Return [Heading] | rr_RiskReturnHeading | The Tax-Exempt Fund of Maryland® | ||
| Objective [Heading] | rr_ObjectiveHeading | Investment objectives | ||
| Objective, Primary [Text Block] | rr_ObjectivePrimaryTextBlock | The fund's primary investment objective is to provide you with a high level of current income exempt from regular federal and Maryland state income taxes. |
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| Objective, Secondary [Text Block] | rr_ObjectiveSecondaryTextBlock | Its secondary objective is preservation of capital. | ||
| Expense [Heading] | rr_ExpenseHeading | Fees and expenses of the fund | ||
| Expense Narrative [Text Block] | rr_ExpenseNarrativeTextBlock | This table describes the fees and expenses that you may pay if you buy and hold shares of the fund. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $100,000 in American Funds. More information about these and other discounts is available from your financial professional and in the "Sales charge reductions and waivers" section on page 34 of the prospectus and on page 57 of the fund's statement of additional information. |
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| Shareholder Fees Caption [Text] | rr_ShareholderFeesCaption | Shareholder fees (fees paid directly from your investment) | ||
| Operating Expenses Caption [Text] | rr_OperatingExpensesCaption | Annual fund operating expenses (expenses that you pay each year as a percentage of the value of your investment) | ||
| Portfolio Turnover [Heading] | rr_PortfolioTurnoverHeading | Portfolio turnover | ||
| Portfolio Turnover [Text Block] | rr_PortfolioTurnoverTextBlock | The fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the fund's investment results. During the most recent fiscal year, the fund's portfolio turnover rate was 7% of the average value of its portfolio. |
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| Portfolio Turnover, Rate | rr_PortfolioTurnoverRate | 7.00% | ||
| Expense Breakpoint Discounts [Text] | rr_ExpenseBreakpointDiscounts | You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $100,000 in American Funds. | ||
| Expense Breakpoint, Minimum Investment Required [Amount] | rr_ExpenseBreakpointMinimumInvestmentRequiredAmount | 100,000 | ||
| Expense Example [Heading] | rr_ExpenseExampleHeading | Example | ||
| Expense Example Narrative [Text Block] | rr_ExpenseExampleNarrativeTextBlock | This example is intended to help you compare the cost of investing in the fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the fund for the time periods indicated and then redeem all of your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the fund's operating expenses remain the same. |
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| Expense Example by, Year, Caption [Text] | rr_ExpenseExampleByYearCaption | Although your actual costs may be higher or lower, based on these assumptions your costs would be: | ||
| Expense Example, No Redemption, By Year, Caption [Text] | rr_ExpenseExampleNoRedemptionByYearCaption | For the share classes listed below, you would pay the following if you did not redeem your shares: | ||
| Strategy [Heading] | rr_StrategyHeading | Principal investment strategies | ||
| Strategy Narrative [Text Block] | rr_StrategyNarrativeTextBlock | The fund seeks to achieve its objectives by primarily investing in municipal bonds issued by the state of Maryland and its agencies and municipalities. Consistent with the fund's objectives, the fund may also invest in municipal securities that are issued by jurisdictions outside Maryland. Municipal bonds are debt obligations generally issued to obtain funds for various public purposes, including the construction of public facilities. The fund may also invest in bonds exempt from federal and state taxation that are used to fund private projects. Under normal circumstances, the fund will invest at least 80% of its assets in, or derive at least 80% of its income from, securities that are exempt from both regular federal and Maryland income taxes and that do not subject you to federal alternative minimum tax. The fund may also invest up to 20% of its assets in securities that may subject you to federal alternative minimum tax. The fund is intended primarily for taxable residents of Maryland. The fund will invest primarily in investment-grade debt securities rated BBB- or better or Baa3 or better by Nationally Recognized Statistical Rating Organizations designated by the fund's investment adviser, or unrated but determined by the fund's investment adviser to be of equivalent quality. The fund may also invest in lower quality, lower rated debt securities rated BB+ or below and Ba1 or below by Nationally Recognized Statistical Rating Organizations designated by the fund's investment adviser, or unrated but determined by the fund's investment adviser to be of equivalent quality. Such securities are sometimes referred to as "junk bonds." Some of the securities in which the fund invests may have credit and liquidity support features, including guarantees and letters of credit. The investment adviser uses a system of multiple portfolio counselors in managing the fund's assets. Under this approach, the portfolio of the fund is divided into segments managed by individual counselors who decide how their respective segments will be invested. The fund relies on the professional judgment of its investment adviser to make decisions about the fund's portfolio investments. The basic investment philosophy of the investment adviser is to seek to invest in attractively priced securities that, in its opinion, represent good, long-term investment opportunities. The investment adviser believes that an important way to accomplish this is by analyzing various factors, which may include the credit strength of the issuer, prices of similar securities issued by comparable issuers, anticipated changes in interest rates, general market conditions and other factors pertinent to the particular security being evaluated. Securities may be sold when the investment adviser believes that they no longer represent relatively attractive investment opportunities. |
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| Risk [Heading] | rr_RiskHeading | Principal risks | ||
| Risk Narrative [Text Block] | rr_RiskNarrativeTextBlock | This section describes the principal risks associated with the fund's principal investment strategies. You may lose money by investing in the fund. The likelihood of loss may be greater if you invest for a shorter period of time. Risks of investing in municipal bonds issued in the state of Maryland -- Because the fund invests primarily in securities of issuers in the state of Maryland, the fund is more susceptible to factors adversely affecting issuers of the state's securities than a comparable municipal bond mutual fund that does not concentrate in a single state. Maryland is affected by changes in levels of federal funding and financial support of certain industries, as well as by federal spending cutbacks due to the large number of residents who are employed by the federal government. In addition, the state is dependent on certain economic sectors. Maryland's economy is largely dependent on the government sector, manufacturing, the service trade, and financial, real estate and insurance entities. To the extent there are changes to any of these sectors, the fund may be adversely impacted. Market conditions -- The prices of, and the income generated by, the securities held by the fund may decline due to market conditions and other factors, including those directly involving the issuers of securities held by the fund. Investing in bonds -- Rising interest rates will generally cause the prices of bonds and other debt securities to fall. Longer maturity debt securities may be subject to greater price fluctuations than shorter maturity debt securities. In addition, falling interest rates may cause an issuer to redeem, call or refinance a security before its stated maturity, which may result in the fund having to reinvest the proceeds in lower yielding securities. Bonds and other debt securities are subject to credit risk, which is the possibility that the credit strength of an issuer will weaken and/or an issuer of a debt security will fail to make timely payments of principal or interest and the security will go into default. Thinly traded securities -- There may be little trading in the secondary market for particular bonds or other debt securities, which may make them more difficult to value, acquire or sell. Credit and liquidity support -- Changes in the credit quality of banks and financial institutions providing credit and liquidity support features with respect to securities held by the fund could cause the values of these securities to decline. Investing in lower rated bonds -- Lower rated bonds and other lower rated debt securities generally have higher rates of interest and involve greater risk of default or price declines due to changes in the issuer's creditworthiness than those of higher quality debt securities. The market prices of these securities may fluctuate more than the prices of higher quality debt securities and may decline significantly in periods of general economic difficulty. These risks may be increased with respect to investments in junk bonds. Investing in similar municipal bonds -- Investing significantly in municipal obligations of issuers in the same state or backed by revenues of similar types of projects or industries may make the fund more susceptible to certain economic, political or regulatory occurrences. As a result, the potential for fluctuations in the fund's share price may increase. Management -- The investment adviser to the fund actively manages the fund's investments. Consequently, the fund is subject to the risk that the methods and analyses employed by the investment adviser in this process may not produce the desired results. This could cause the fund to lose value or its investment results to lag relevant benchmarks or other funds with similar objectives. Your investment in the fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency, entity or person. You should consider how this fund fits into your overall investment program. |
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| Risk Lose Money [Text] | rr_RiskLoseMoney | You may lose money by investing in the fund. | ||
| Risk Not Insured Depository Institution [Text] | rr_RiskNotInsuredDepositoryInstitution | Your investment in the fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency, entity or person. | ||
| Bar Chart and Performance Table [Heading] | rr_BarChartAndPerformanceTableHeading | Investment results | ||
| Performance Narrative [Text Block] | rr_PerformanceNarrativeTextBlock | The following bar chart shows how the fund's investment results have varied from year to year, and the following table shows how the fund's average annual total returns for various periods compare with a broad measure of market results. This information provides some indication of the risks of investing in the fund. The Lipper Maryland Municipal Debt Funds Average includes the fund and other funds that disclose investment objectives and/or strategies reasonably comparable to the fund's objective and/or strategies. Past investment results (before and after taxes) are not predictive of future investment results. Updated information on the fund's investment results can be obtained by visiting americanfunds.com. |
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| Performance Information Illustrates Variability of Returns [Text] | rr_PerformanceInformationIllustratesVariabilityOfReturns | The following bar chart shows how the fund's investment results have varied from year to year, and the following table shows how the fund's average annual total returns for various periods compare with a broad measure of market results. | ||
| Performance Additional Market Index [Text] | rr_PerformanceAdditionalMarketIndex | The Lipper Maryland Municipal Debt Funds Average includes the fund and other funds that disclose investment objectives and/or strategies reasonably comparable to the fund's objective and/or strategies. | ||
| Performance Availability Website Address [Text] | rr_PerformanceAvailabilityWebSiteAddress | americanfunds.com | ||
| Performance Past Does Not Indicate Future [Text] | rr_PerformancePastDoesNotIndicateFuture | Past investment results (before and after taxes) are not predictive of future investment results. | ||
| Bar Chart [Heading] | rr_BarChartHeading | Calendar year total returns for Class A shares (Results do not include a sales charge; if a sales charge were included, results would be lower.) | ||
| Bar Chart Narrative [Text Block] | rr_BarChartNarrativeTextBlock | The following bar chart shows how the fund's investment results have varied from year to year, and the following table shows how the fund's average annual total returns for various periods compare with a broad measure of market results. |
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| Bar Chart Does Not Reflect Sales Loads [Text] | rr_BarChartDoesNotReflectSalesLoads | Results do not include a sales charge; if a sales charge were included, results would be lower. | ||
| Bar Chart Closing [Text Block] | rr_BarChartClosingTextBlock | Highest/Lowest quaterly results during this period were: Highest 7.07% (quarter ended September 30, 2009) Lowest -4.41% (quarter ended December 31, 2008) The fund's total return for the six months ended June 30, 2012, was 3.26% |
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| Performance Table Uses Highest Federal Rate | rr_PerformanceTableUsesHighestFederalRate | After-tax returns are calculated using the highest individual federal income tax rates in effect during each year of the periods shown and do not reflect the impact of state and local taxes. | ||
| Performance Table Not Relevant to Tax Deferred | rr_PerformanceTableNotRelevantToTaxDeferred | Your actual after-tax returns depend on your individual tax situation and likely will differ from the results shown above. | ||
| Performance Table One Class of after Tax Shown [Text] | rr_PerformanceTableOneClassOfAfterTaxShown | After-tax returns are shown only for Class A shares; after-tax returns for other share classes will vary. | ||
| Performance Table Narrative | rr_PerformanceTableNarrativeTextBlock | After-tax returns are shown only for Class A shares; after-tax returns for other share classes will vary. After-tax returns are calculated using the highest individual federal income tax rates in effect during each year of the periods shown and do not reflect the impact of state and local taxes. Your actual after-tax returns depend on your individual tax situation and likely will differ from the results shown above. |
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| Performance Table Footnotes | rr_PerformanceTableFootnotesTextBlock | Class A annualized 30-day yield at July 31, 2012: 1.85% (For current yield information, please call American FundsLine® at 800/325-3590.) | ||
| Caption | rr_AverageAnnualReturnCaption | Average annual total returns For the periods ended December 31, 2011 (with maximum sales charge): | ||
| Thirty Day Yield Phone | rr_ThirtyDayYieldPhone | 800/325-3590 | ||
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The Tax-Exempt Fund of Maryland (Prospectus Summary) | The Tax-Exempt Fund of Maryland | Barclays Maryland Municipal Index
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| Risk Return [Abstract] | rr_RiskReturnAbstract | |||
| Label | rr_AverageAnnualReturnLabel | Barclays Maryland Municipal Index (reflects no deductions for sales charges, account fees, expenses or taxes) | ||
| 1 Year | rr_AverageAnnualReturnYear01 | 8.75% | ||
| 5 Years | rr_AverageAnnualReturnYear05 | 5.33% | ||
| 10 Years | rr_AverageAnnualReturnYear10 | 5.11% | ||
| Since Inception | rr_AverageAnnualReturnSinceInception | |||
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The Tax-Exempt Fund of Maryland (Prospectus Summary) | The Tax-Exempt Fund of Maryland | Lipper Maryland Municipal Debt Funds Average
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| Risk Return [Abstract] | rr_RiskReturnAbstract | |||
| Label | rr_AverageAnnualReturnLabel | Lipper Maryland Municipal Debt Funds Average (reflects no deductions for sales charges, account fees or taxes) | ||
| 1 Year | rr_AverageAnnualReturnYear01 | 9.41% | ||
| 5 Years | rr_AverageAnnualReturnYear05 | 3.68% | ||
| 10 Years | rr_AverageAnnualReturnYear10 | 4.33% | ||
| Since Inception | rr_AverageAnnualReturnSinceInception | 5.47% | ||
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The Tax-Exempt Fund of Maryland (Prospectus Summary) | The Tax-Exempt Fund of Maryland | Class A
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| Risk Return [Abstract] | rr_RiskReturnAbstract | |||
| Maximum sales charge (load) imposed on purchases (as a percentage of offering price) | rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice | 3.75% | ||
| Maximum deferred sales charge (load) (as a percentage of the amount redeemed) | rr_MaximumDeferredSalesChargeOverOfferingPrice | 1.00% | [1] | |
| Maximum sales charge (load) imposed on reinvested dividends | rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther | none | ||
| Redemption or exchange fees | rr_RedemptionFeeOverRedemption | none | ||
| Management fees | rr_ManagementFeesOverAssets | 0.34% | ||
| Distribution and/or service (12b-1) fees | rr_DistributionAndService12b1FeesOverAssets | 0.25% | ||
| Other expenses | rr_OtherExpensesOverAssets | 0.08% | ||
| Total annual fund operating expenses | rr_ExpensesOverAssets | 0.67% | ||
| Expense Example, with Redemption, 1 Year | rr_ExpenseExampleYear01 | 441 | ||
| Expense Example, with Redemption, 3 Years | rr_ExpenseExampleYear03 | 581 | ||
| Expense Example, with Redemption, 5 Years | rr_ExpenseExampleYear05 | 734 | ||
| Expense Example, with Redemption, 10 Years | rr_ExpenseExampleYear10 | 1,178 | ||
| Annual Return 2002 | rr_AnnualReturn2002 | 8.31% | ||
| Annual Return 2003 | rr_AnnualReturn2003 | 4.66% | ||
| Annual Return 2004 | rr_AnnualReturn2004 | 3.93% | ||
| Annual Return 2005 | rr_AnnualReturn2005 | 3.00% | ||
| Annual Return 2006 | rr_AnnualReturn2006 | 3.95% | ||
| Annual Return 2007 | rr_AnnualReturn2007 | 0.65% | ||
| Annual Return 2008 | rr_AnnualReturn2008 | (7.55%) | ||
| Annual Return 2009 | rr_AnnualReturn2009 | 15.76% | ||
| Annual Return 2010 | rr_AnnualReturn2010 | 2.36% | ||
| Annual Return 2011 | rr_AnnualReturn2011 | 9.63% | ||
| Year to Date Return, Label | rr_YearToDateReturnLabel | total return | ||
| Bar Chart, Year to Date Return, Date | rr_BarChartYearToDateReturnDate | Jun. 30, 2012 | ||
| Bar Chart, Year to Date Return | rr_BarChartYearToDateReturn | 3.26% | ||
| Highest Quarterly Return, Label | rr_HighestQuarterlyReturnLabel | Highest | ||
| Highest Quarterly Return, Date | rr_BarChartHighestQuarterlyReturnDate | Sep. 30, 2009 | ||
| Highest Quarterly Return | rr_BarChartHighestQuarterlyReturn | 7.07% | ||
| Lowest Quarterly Return, Label | rr_LowestQuarterlyReturnLabel | Lowest | ||
| Lowest Quarterly Return, Date | rr_BarChartLowestQuarterlyReturnDate | Dec. 31, 2008 | ||
| Lowest Quarterly Return | rr_BarChartLowestQuarterlyReturn | (4.41%) | ||
| Label | rr_AverageAnnualReturnLabel | A - Before taxes | ||
| 1 Year | rr_AverageAnnualReturnYear01 | 5.54% | ||
| 5 Years | rr_AverageAnnualReturnYear05 | 3.07% | ||
| 10 Years | rr_AverageAnnualReturnYear10 | 3.91% | ||
| Since Inception | rr_AverageAnnualReturnSinceInception | 5.25% | ||
| Inception Date | rr_AverageAnnualReturnInceptionDate | Aug. 14, 1986 | ||
| Thirty Day Yield Caption | rr_ThirtyDayYieldCaption | Class A annualized 30-day yield at July 31, 2012: | ||
| Thirty Day Yield | rr_ThirtyDayYield | 1.85% | ||
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The Tax-Exempt Fund of Maryland (Prospectus Summary) | The Tax-Exempt Fund of Maryland | Class A | After Taxes on Distributions
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| Risk Return [Abstract] | rr_RiskReturnAbstract | |||
| Label | rr_AverageAnnualReturnLabel | A - After taxes on distributions | ||
| 1 Year | rr_AverageAnnualReturnYear01 | 5.54% | ||
| 5 Years | rr_AverageAnnualReturnYear05 | 3.07% | ||
| 10 Years | rr_AverageAnnualReturnYear10 | 3.91% | ||
| Since Inception | rr_AverageAnnualReturnSinceInception | |||
| Inception Date | rr_AverageAnnualReturnInceptionDate | Aug. 14, 1986 | ||
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The Tax-Exempt Fund of Maryland (Prospectus Summary) | The Tax-Exempt Fund of Maryland | Class A | After Taxes on Distributions and Sales
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| Risk Return [Abstract] | rr_RiskReturnAbstract | |||
| Label | rr_AverageAnnualReturnLabel | A - After taxes on distributions and sale of fund shares | ||
| 1 Year | rr_AverageAnnualReturnYear01 | 4.83% | ||
| 5 Years | rr_AverageAnnualReturnYear05 | 3.14% | ||
| 10 Years | rr_AverageAnnualReturnYear10 | 3.89% | ||
| Since Inception | rr_AverageAnnualReturnSinceInception | |||
| Inception Date | rr_AverageAnnualReturnInceptionDate | Aug. 14, 1986 | ||
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The Tax-Exempt Fund of Maryland (Prospectus Summary) | The Tax-Exempt Fund of Maryland | Class B
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| Risk Return [Abstract] | rr_RiskReturnAbstract | |||
| Maximum sales charge (load) imposed on purchases (as a percentage of offering price) | rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice | none | ||
| Maximum deferred sales charge (load) (as a percentage of the amount redeemed) | rr_MaximumDeferredSalesChargeOverOfferingPrice | 5.00% | ||
| Maximum sales charge (load) imposed on reinvested dividends | rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther | none | ||
| Redemption or exchange fees | rr_RedemptionFeeOverRedemption | none | ||
| Management fees | rr_ManagementFeesOverAssets | 0.34% | ||
| Distribution and/or service (12b-1) fees | rr_DistributionAndService12b1FeesOverAssets | 1.00% | ||
| Other expenses | rr_OtherExpensesOverAssets | 0.06% | ||
| Total annual fund operating expenses | rr_ExpensesOverAssets | 1.40% | ||
| Expense Example, with Redemption, 1 Year | rr_ExpenseExampleYear01 | 643 | ||
| Expense Example, with Redemption, 3 Years | rr_ExpenseExampleYear03 | 843 | ||
| Expense Example, with Redemption, 5 Years | rr_ExpenseExampleYear05 | 966 | ||
| Expense Example, with Redemption, 10 Years | rr_ExpenseExampleYear10 | 1,480 | ||
| Expense Example, No Redemption, 1 Year | rr_ExpenseExampleNoRedemptionYear01 | 143 | ||
| Expense Example, No Redemption, 3 Years | rr_ExpenseExampleNoRedemptionYear03 | 443 | ||
| Expense Example, No Redemption, 5 Years | rr_ExpenseExampleNoRedemptionYear05 | 766 | ||
| Expense Example, No Redemption, 10 Years | rr_ExpenseExampleNoRedemptionYear10 | 1,480 | ||
| Label | rr_AverageAnnualReturnLabel | B - Before taxes | ||
| 1 Year | rr_AverageAnnualReturnYear01 | 3.83% | ||
| 5 Years | rr_AverageAnnualReturnYear05 | 2.74% | ||
| 10 Years | rr_AverageAnnualReturnYear10 | 3.69% | ||
| Since Inception | rr_AverageAnnualReturnSinceInception | 4.14% | ||
| Inception Date | rr_AverageAnnualReturnInceptionDate | Mar. 15, 2000 | ||
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The Tax-Exempt Fund of Maryland (Prospectus Summary) | The Tax-Exempt Fund of Maryland | Class C
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| Risk Return [Abstract] | rr_RiskReturnAbstract | |||
| Maximum sales charge (load) imposed on purchases (as a percentage of offering price) | rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice | none | ||
| Maximum deferred sales charge (load) (as a percentage of the amount redeemed) | rr_MaximumDeferredSalesChargeOverOfferingPrice | 1.00% | ||
| Maximum sales charge (load) imposed on reinvested dividends | rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther | none | ||
| Redemption or exchange fees | rr_RedemptionFeeOverRedemption | none | ||
| Management fees | rr_ManagementFeesOverAssets | 0.34% | ||
| Distribution and/or service (12b-1) fees | rr_DistributionAndService12b1FeesOverAssets | 1.00% | ||
| Other expenses | rr_OtherExpensesOverAssets | 0.12% | ||
| Total annual fund operating expenses | rr_ExpensesOverAssets | 1.46% | ||
| Expense Example, with Redemption, 1 Year | rr_ExpenseExampleYear01 | 249 | ||
| Expense Example, with Redemption, 3 Years | rr_ExpenseExampleYear03 | 462 | ||
| Expense Example, with Redemption, 5 Years | rr_ExpenseExampleYear05 | 797 | ||
| Expense Example, with Redemption, 10 Years | rr_ExpenseExampleYear10 | 1,746 | ||
| Expense Example, No Redemption, 1 Year | rr_ExpenseExampleNoRedemptionYear01 | 149 | ||
| Expense Example, No Redemption, 3 Years | rr_ExpenseExampleNoRedemptionYear03 | 462 | ||
| Expense Example, No Redemption, 5 Years | rr_ExpenseExampleNoRedemptionYear05 | 797 | ||
| Expense Example, No Redemption, 10 Years | rr_ExpenseExampleNoRedemptionYear10 | 1,746 | ||
| Label | rr_AverageAnnualReturnLabel | C - Before taxes | ||
| 1 Year | rr_AverageAnnualReturnYear01 | 7.77% | ||
| 5 Years | rr_AverageAnnualReturnYear05 | 3.05% | ||
| 10 Years | rr_AverageAnnualReturnYear10 | 3.46% | ||
| Since Inception | rr_AverageAnnualReturnSinceInception | 3.52% | ||
| Inception Date | rr_AverageAnnualReturnInceptionDate | Apr. 12, 2001 | ||
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The Tax-Exempt Fund of Maryland (Prospectus Summary) | The Tax-Exempt Fund of Maryland | Class F-1
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| Risk Return [Abstract] | rr_RiskReturnAbstract | |||
| Maximum sales charge (load) imposed on purchases (as a percentage of offering price) | rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice | none | ||
| Maximum deferred sales charge (load) (as a percentage of the amount redeemed) | rr_MaximumDeferredSalesChargeOverOfferingPrice | none | ||
| Maximum sales charge (load) imposed on reinvested dividends | rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther | none | ||
| Redemption or exchange fees | rr_RedemptionFeeOverRedemption | none | ||
| Management fees | rr_ManagementFeesOverAssets | 0.34% | ||
| Distribution and/or service (12b-1) fees | rr_DistributionAndService12b1FeesOverAssets | 0.25% | ||
| Other expenses | rr_OtherExpensesOverAssets | 0.17% | ||
| Total annual fund operating expenses | rr_ExpensesOverAssets | 0.76% | ||
| Expense Example, with Redemption, 1 Year | rr_ExpenseExampleYear01 | 78 | ||
| Expense Example, with Redemption, 3 Years | rr_ExpenseExampleYear03 | 243 | ||
| Expense Example, with Redemption, 5 Years | rr_ExpenseExampleYear05 | 422 | ||
| Expense Example, with Redemption, 10 Years | rr_ExpenseExampleYear10 | 942 | ||
| Label | rr_AverageAnnualReturnLabel | F-1 - Before taxes | ||
| 1 Year | rr_AverageAnnualReturnYear01 | 9.51% | ||
| 5 Years | rr_AverageAnnualReturnYear05 | 3.77% | ||
| 10 Years | rr_AverageAnnualReturnYear10 | 4.19% | ||
| Since Inception | rr_AverageAnnualReturnSinceInception | 4.12% | ||
| Inception Date | rr_AverageAnnualReturnInceptionDate | Jun. 15, 2001 | ||
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The Tax-Exempt Fund of Maryland (Prospectus Summary) | The Tax-Exempt Fund of Maryland | Class F-2
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| Risk Return [Abstract] | rr_RiskReturnAbstract | |||
| Maximum sales charge (load) imposed on purchases (as a percentage of offering price) | rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice | none | ||
| Maximum deferred sales charge (load) (as a percentage of the amount redeemed) | rr_MaximumDeferredSalesChargeOverOfferingPrice | none | ||
| Maximum sales charge (load) imposed on reinvested dividends | rr_MaximumSalesChargeOnReinvestedDividendsAndDistributionsOverOther | none | ||
| Redemption or exchange fees | rr_RedemptionFeeOverRedemption | none | ||
| Management fees | rr_ManagementFeesOverAssets | 0.34% | ||
| Distribution and/or service (12b-1) fees | rr_DistributionAndService12b1FeesOverAssets | none | ||
| Other expenses | rr_OtherExpensesOverAssets | 0.15% | ||
| Total annual fund operating expenses | rr_ExpensesOverAssets | 0.49% | ||
| Expense Example, with Redemption, 1 Year | rr_ExpenseExampleYear01 | 50 | ||
| Expense Example, with Redemption, 3 Years | rr_ExpenseExampleYear03 | 157 | ||
| Expense Example, with Redemption, 5 Years | rr_ExpenseExampleYear05 | 274 | ||
| Expense Example, with Redemption, 10 Years | rr_ExpenseExampleYear10 | 616 | ||
| Label | rr_AverageAnnualReturnLabel | F-2 - Before taxes | ||
| 1 Year | rr_AverageAnnualReturnYear01 | 9.84% | ||
| 5 Years | rr_AverageAnnualReturnYear05 | |||
| 10 Years | rr_AverageAnnualReturnYear10 | |||
| Since Inception | rr_AverageAnnualReturnSinceInception | 5.73% | ||
| Inception Date | rr_AverageAnnualReturnInceptionDate | Aug. 01, 2008 | ||
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