American Funds Tax-Exempt Fund of New York Class C (NYACX)

Fund Assets	280.86M
Expense Ratio	1.33%
Min. Investment	$1,000
Turnover	12.00%
Dividend (ttm)	0.26
Dividend Yield	2.69%
Dividend Growth	6.30%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	9.43
YTD Return	-3.03%
1-Year Return	-2.42%
5-Year Return	-4.49%
52-Week Low	9.28
52-Week High	10.16
Beta (5Y)	0.04
Holdings	258
Inception Date	Nov 1, 2010

About NYACX

American Funds Tax-Exempt Fund of New York is a municipal bond mutual fund designed to provide investors with a high level of income that is exempt from regular federal, New York state, and New York City income taxes. The fund primarily invests in a diversified portfolio of municipal bonds issued to finance essential public projects and services across New York state, such as infrastructure, education, and healthcare. Its holdings are predominantly revenue bonds, with a smaller allocation to general obligation bonds, reflecting a focus on stable income while maintaining a quality-oriented approach. The fund favors a modest inclusion of high-yield securities to enhance yield, with an effective duration that aims for a balance between risk and income stability. It features regular monthly dividend distributions and is especially relevant for investors seeking tax-efficient income within New York. The fund’s management emphasizes capital preservation, diversification, and adherence to regulatory tax-exemption requirements, making it a significant player among state-specific municipal debt funds and a tool for addressing the unique tax considerations of New York residents.

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

Performance

NYACX had a total return of -2.42% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.81%.

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%
NYAAX	Class A	0.58%
NYAEX	Class F-1	0.68%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.02152	Oct 1, 2026
Aug 31, 2026	$0.02312	Sep 1, 2026
Jul 31, 2026	$0.02387	Aug 3, 2026
Jun 30, 2026	$0.02019	Jul 1, 2026
May 29, 2026	$0.01874	Jun 1, 2026
Apr 30, 2026	$0.02195	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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