Elfun Tax-Exempt Income Fund (ELFTX)
| Fund Assets | 798.62M |
| Expense Ratio | 0.21% |
| Min. Investment | $500 |
| Turnover | 35.00% |
| Dividend (ttm) | 0.39 |
| Dividend Yield | 4.01% |
| Dividend Growth | -1.18% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Apr 30, 2026 |
| Previous Close | 9.78 |
| YTD Return | -0.13% |
| 1-Year Return | 4.82% |
| 5-Year Return | -1.46% |
| 52-Week Low | 9.52 |
| 52-Week High | 10.02 |
| Beta (5Y) | 0.25 |
| Holdings | 468 |
| Inception Date | Jul 1, 1977 |
About ELFTX
Elfun Tax-Exempt Income Fund is an actively managed municipal bond mutual fund focused on generating a high level of current income that is generally exempt from regular federal income tax. The strategy primarily invests in investment-grade municipal obligations issued by state and local governments and related agencies to finance public infrastructure such as transportation, utilities, and essential services. At least 80% of the fund’s income is designed to be exempt from both regular federal income taxes and the federal alternative minimum tax, aligning it with the needs of tax-sensitive investors seeking federally tax-exempt income streams. The portfolio is categorized in the muni national long segment, reflecting diversified exposure across multiple states and sectors with longer interest-rate sensitivity. The fund distributes dividends on a monthly schedule and has historically maintained a relatively low expense ratio compared with peers, supporting cost-efficient income generation. With a long operating history and broad holdings, the fund plays a role as a core municipal bond allocation for investors aiming to balance tax-advantaged income with diversified credit exposure across U.S. municipal issuers.
Performance
ELFTX had a total return of 4.82% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.66%.
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 |
|---|---|---|
| Apr 30, 2026 | $0.03019 | Apr 30, 2026 |
| Mar 31, 2026 | $0.03297 | Mar 31, 2026 |
| Feb 27, 2026 | $0.03069 | Feb 27, 2026 |
| Jan 31, 2026 | $0.03377 | Jan 31, 2026 |
| Dec 31, 2025 | $0.03366 | Dec 31, 2025 |
| Nov 28, 2025 | $0.03239 | Nov 28, 2025 |