American Funds Tax-Exempt Bond Fund Class A (AFTEX)
| Fund Assets | 24.07B |
| Expense Ratio | 0.53% |
| Min. Investment | $250 |
| Turnover | 56.00% |
| Dividend (ttm) | 0.37 |
| Dividend Yield | 2.87% |
| Dividend Growth | 0.86% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 13.04 |
| YTD Return | 0.94% |
| 1-Year Return | 4.33% |
| 5-Year Return | 4.54% |
| 52-Week Low | 12.02 |
| 52-Week High | 13.06 |
| Beta (5Y) | 0.27 |
| Holdings | 5318 |
| 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 4.33% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.67%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FLUVX | Fidelity | Fidelity Advisor Municipal Income Fund - Class M | 0.75% |
| FKISX | Fidelity | Fidelity Advisor Municipal Income Fund - Class C | 1.50% |
| FROGX | Fidelity | Fidelity Advisor Municipal Income Fund - Class I | 0.51% |
| FUENX | Fidelity | Fidelity Flex Municipal Income Fund | n/a |
| FHIGX | Fidelity | Fidelity Municipal Income Fund | 0.44% |
Top 10 Holdings
3.14% of assets| Name | Symbol | Weight |
|---|---|---|
| PUERTO RICO COMMONWEALTH OF (GOVERNMENT) - COMMONWEALTH OF PUERTO RICO FRN 11-01-43 | PR.PRC 11.01.2043 | 0.42% |
| BLACK BELT ENERGY GAS DISTRICT (MPT) 5.0% 10-01-55 | AL.BBEUTL 10.01.2055 | 0.38% |
| DETROIT SEWER SYSTEM - GREAT LAKES WATER AUTHORITY SEWAGE DISPOSAL SYSTEM REVENUE AG FRN 07-01-32 | MI.DETUTL 07.01.2032 | 0.34% |
| CALIFORNIA COMMUNITY CHOICE FINANCING AUTHORITY (MPT) 5.0% 02-01-55 | CA.CCEDEV 02.01.2055 | 0.32% |
| BLACK BELT ENERGY GAS DISTRICT (MPT) 4.0% 06-01-51 | AL.BBEUTL 06.01.2051 | 0.30% |
| PUERTO RICO COMMONWEALTH OF (GOVERNMENT) - COMMONWEALTH OF PUERTO RICO 0.0% 11-01-51 | PR.PRC 11.01.2051 | 0.29% |
| KENTUCKY INC KY PUB ENERGY AUTH - KENTUCKY PUBLIC ENERGY AUTHORITY (MPT) 5.0% 01-01-55 | KY.KYSPWR 01.01.2055 | 0.28% |
| ENERGY SOUTHEAST ALA COOP DIST ENERGY SUPPLY - ENERGY SOUTHEAST A COOPERATIVE DISTRICT (MPT) 5.25% 07-01-54 | AL.ESDPWR 07.01.2054 | 0.28% |
| NEW HAMPSHIRE BUSINESS FINANCE AUTHORITY 4.125% 01-20-34 | NH.NFADEV 4.12 01.20.2034 | 0.27% |
| SOUTHEAST ENERGY AUTHORITY AL - SOUTHEAST ENERGY AUTHORITY A COOPERATIVE DISTRICT (MPT) 4.0% 12-01-51 | AL.SEEPWR 12.01.2051 | 0.26% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.03126 | Feb 2, 2026 |
| Dec 31, 2025 | $0.03353 | Jan 2, 2026 |
| Nov 28, 2025 | $0.03097 | Dec 1, 2025 |
| Oct 31, 2025 | $0.03178 | Nov 3, 2025 |
| Sep 30, 2025 | $0.03103 | Oct 1, 2025 |
| Aug 29, 2025 | $0.03164 | Sep 2, 2025 |