American Funds Tax-Exempt Bond A (AFTEX)
| Fund Assets | 23.00B |
| Expense Ratio | 0.53% |
| Min. Investment | $250 |
| Turnover | 33.00% |
| Dividend (ttm) | 0.38 |
| Dividend Yield | 2.97% |
| Dividend Growth | 6.00% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 12.43 |
| YTD Return | 1.29% |
| 1-Year Return | 0.62% |
| 5-Year Return | 3.09% |
| 52-Week Low | 11.86 |
| 52-Week High | 12.66 |
| Beta (5Y) | 0.25 |
| Holdings | 5340 |
| Inception Date | Oct 3, 1979 |
About AFTEX
The Tax-Exempt Bond Fund of America® Class A is an actively managed municipal bond mutual fund designed to deliver a high level of current income that is exempt from regular federal income tax while emphasizing preservation of capital. The portfolio invests primarily in U.S. municipal securities, with a broad allocation across revenue bonds and general obligation bonds, and maintains an intermediate interest-rate profile. Managed by Capital Group since 1979, the fund distributes income monthly and typically keeps the majority of assets in U.S. bonds, reflecting its focus on tax-advantaged municipal markets. The strategy employs diversified exposure across numerous issuers and sectors tied to public infrastructure and essential services, seeking resilient income streams supported by municipal revenue sources. As a core tax-exempt fixed income offering, it plays a role for investors seeking federally tax-exempt income and municipal market diversification within a balanced fixed income allocation, with portfolio statistics such as effective duration and yield disclosed regularly to help assess interest-rate and income characteristics.
Performance
AFTEX had a total return of 0.62% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.70%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
3.33% of assets| Name | Symbol | Weight |
|---|---|---|
| Cash And Other Assets Less Liablities | n/a | 0.46% |
| PUERTO RICO COMWLTH 0% | PR.PRC 11.01.2043 | 0.41% |
| BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 5% | AL.BBEUTL 10.01.2055 | 0.38% |
| DETROIT MICH SEW DISP REV 3.655% | MI.DETUTL 07.01.2032 | 0.35% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5% | CA.CCEDEV 02.01.2055 | 0.32% |
| BLACK BELT ENERGY GAS DIST ALA GAS SUPPLY REV 4% | AL.BBEUTL 06.01.2051 | 0.30% |
| PUERTO RICO COMWLTH 0% | PR.PRC 11.01.2051 | 0.28% |
| KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 5% | KY.KYSPWR 01.01.2055 | 0.28% |
| ENERGY SOUTHEAST ALA COOP DIST ENERGY SUPPLY REV 5.25% | AL.ESDPWR 07.01.2054 | 0.28% |
| NATIONAL FIN AUTH N H MUN CTFS 4.125% | NH.NFADEV 4.12 01.20.2034 | 0.27% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 29, 2025 | $0.03164 | Sep 2, 2025 |
| Jul 31, 2025 | $0.0312 | Aug 1, 2025 |
| Jun 30, 2025 | $0.03081 | Jul 1, 2025 |
| May 30, 2025 | $0.03136 | Jun 2, 2025 |
| Apr 30, 2025 | $0.03083 | May 1, 2025 |
| Mar 31, 2025 | $0.03128 | Apr 1, 2025 |