American Funds Tax-Exempt Bond Fund Class F1 (AFTFX)
| Fund Assets | 24.86B |
| Expense Ratio | 0.61% |
| Min. Investment | $250 |
| Turnover | 56.00% |
| Dividend (ttm) | 0.36 |
| Dividend Yield | 2.96% |
| Dividend Growth | 0.71% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Feb 27, 2026 |
| Previous Close | 12.38 |
| YTD Return | -0.35% |
| 1-Year Return | 3.93% |
| 5-Year Return | 3.90% |
| 52-Week Low | 11.86 |
| 52-Week High | 12.67 |
| Beta (5Y) | n/a |
| Holdings | 5290 |
| Inception Date | Oct 3, 1979 |
About AFTFX
American Funds Tax-Exempt Bond Fund® Class F-1 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 capital preservation. The portfolio primarily holds investment-grade bonds issued by state and local governments and related authorities, diversified across many issuers, sectors, and states to moderate credit and sector concentration risks. The fund targets the intermediate segment of the muni market, maintaining an effective duration around the mid‑single‑digit years to balance income generation with interest-rate sensitivity. It distributes dividends monthly and typically pays capital gains in December. With a long operating history dating back to 1979 and substantial assets under management, the fund serves as a core tax‑efficient fixed‑income allocation for investors seeking federally tax‑exempt income. Key characteristics recently reported include a predominantly U.S. municipal bond allocation, hundreds of holdings for breadth, moderate portfolio turnover, and expense structures consistent with its share class. The strategy is overseen by a seasoned management team employing fundamental credit research and risk-aware positioning within the municipal market.
Performance
AFTFX had a total return of 3.93% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.51%.
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 | 0.50% |
| FUENX | Fidelity | Fidelity Flex Municipal Income Fund | n/a |
| FHIGX | Fidelity | Fidelity Municipal Income Fund | 0.43% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 27, 2026 | $0.02789 | Mar 2, 2026 |
| Jan 30, 2026 | $0.02992 | Feb 2, 2026 |
| Dec 31, 2025 | $0.03269 | Jan 2, 2026 |
| Nov 28, 2025 | $0.02981 | Dec 1, 2025 |
| Oct 31, 2025 | $0.03128 | Nov 3, 2025 |
| Sep 30, 2025 | $0.0302 | Oct 1, 2025 |