American Funds Tax-Exempt Bond Fund Class F-1 (AFTFX)

Fund Assets	24.50B
Expense Ratio	0.63%
Min. Investment	$250
Turnover	56.00%
Dividend (ttm)	0.37
Dividend Yield	2.98%
Dividend Growth	-1.05%
Payout Frequency	Monthly
Ex-Dividend Date	Jul 31, 2026

Previous Close	12.33
YTD Return	0.58%
1-Year Return	4.86%
5-Year Return	2.93%
52-Week Low	12.12
52-Week High	12.67
Beta (5Y)	0.04
Holdings	5422
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.

• Fund Family: Capital Group
• Category: Muni National Interm
• Performance Rating: Average
• Risk Rating: Above Average
• Stock Exchange: NASDAQ
• Ticker Symbol: AFTFX
• Share Class: Class F-1
• Index: Bloomberg Municipal Bond TR

Performance

AFTFX had a total return of 4.86% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.49%.

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 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%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
TFEBX	Class F-3	0.27%
TEAFX	Class F-2	0.38%
AFTEX	Class A	0.55%
TEBCX	Class C	1.30%

Dividend History

Ex-Dividend	Amount	Pay Date
Jul 31, 2026	$0.03115	Aug 3, 2026
Jun 30, 2026	$0.03095	Jul 1, 2026
May 29, 2026	$0.03128	Jun 1, 2026
Apr 30, 2026	$0.03103	May 1, 2026
Mar 31, 2026	$0.0308	Apr 1, 2026
Feb 27, 2026	$0.02789	Mar 2, 2026

Data Sources: Tiingo, Financial Modeling Prep, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Financial Modeling Prep. Several fund data points are also provided by Finnhub.

Last checked:

Aug 26, 2026

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