American Funds Tax-Exempt Fund of New York Class A (NYAAX)

Fund Assets	280.86M
Expense Ratio	0.605%
Min. Investment	$1,000
Turnover	12.00%
Dividend (ttm)	0.33
Dividend Yield	3.47%
Dividend Growth	5.15%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	9.43
YTD Return	-2.50%
1-Year Return	-1.68%
5-Year Return	-0.79%
52-Week Low	9.28
52-Week High	10.16
Beta (5Y)	0.30
Holdings	258
Inception Date	Nov 1, 2010

About NYAAX

American Funds Tax-Exempt Fund of New York Class A is a municipal bond mutual fund designed to provide investors with a high level of current income exempt from regular federal, New York State, and New York City income taxes. Its primary function is to invest predominantly in tax-exempt municipal securities issued within New York, focusing on preserving capital while minimizing tax liability for New York residents. The fund's portfolio is heavily allocated to U.S. bonds, with the vast majority invested in revenue bonds and a smaller portion in general obligation bonds. It holds over 100 different issuers and maintains a moderate average duration, seeking to balance stability with yield. Regular monthly dividends are a key feature, appealing to investors seeking predictable, tax-advantaged income. The fund plays a significant role in the municipal bond market, facilitating infrastructure and community development across New York while catering to individuals requiring targeted tax-exempt income solutions.

• Fund Family: Capital Group
• Category: Muni New York Long
• Performance Rating: Average
• Risk Rating: Below Average
• Stock Exchange: Nasdaq
• Ticker Symbol: NYAAX
• Share Class: Class A
• Index: Bloomberg New York TaxExempt Muni Bond TR

Performance

NYAAX had a total return of -1.68% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.51%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
VNYTX	Vanguard	Vanguard New York Long-Term Tax-Exempt Fund Investor Shares	0.14%

Other Share Classes

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

Symbol	Share Class	Expense Ratio
TFNYX	Class F-3	0.30%
NYAFX	Class F-2	0.42%
NYAEX	Class F-1	0.68%
NYACX	Class C	1.33%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.02708	Oct 1, 2026
Aug 31, 2026	$0.02857	Sep 1, 2026
Jul 31, 2026	$0.0292	Aug 3, 2026
Jun 30, 2026	$0.02662	Jul 1, 2026
May 29, 2026	$0.0257	Jun 1, 2026
Apr 30, 2026	$0.02808	May 1, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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