American Funds Tax-Exempt Bond Fund Class A (AFTEX)
| Fund Assets | 24.73B |
| Expense Ratio | 0.55% |
| Min. Investment | $250 |
| Turnover | 56.00% |
| Dividend (ttm) | 0.38 |
| Dividend Yield | 2.89% |
| Dividend Growth | -0.61% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 12.56 |
| YTD Return | 2.24% |
| 1-Year Return | 6.64% |
| 5-Year Return | 5.06% |
| 52-Week Low | 12.00 |
| 52-Week High | 12.67 |
| Beta (5Y) | 0.25 |
| Holdings | 5407 |
| 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 6.64% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.76%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.03147 | Jul 1, 2026 |
| May 29, 2026 | $0.03217 | Jun 1, 2026 |
| Apr 30, 2026 | $0.0315 | May 1, 2026 |
| Mar 31, 2026 | $0.03163 | Apr 1, 2026 |
| Feb 27, 2026 | $0.02882 | Mar 2, 2026 |
| Jan 30, 2026 | $0.03126 | Feb 2, 2026 |