American Funds Tax-Exempt Bond F-2 (TEAFX)

Fund Assets	22.60B
Expense Ratio	0.407%
Min. Investment	$250
Turnover	24.00%
Dividend (ttm)	0.40
Dividend Yield	3.31%
Dividend Growth	-1.29%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	12.12
YTD Return	-0.06%
1-Year Return	0.33%
5-Year Return	3.92%
52-Week Low	11.66
52-Week High	12.67
Beta (5Y)	0.04
Holdings	5462
Inception Date	Aug 1, 2008

About TEAFX

The Tax-Exempt Bond Fund of America, Class F-2 is an actively managed municipal bond mutual fund focused on delivering a high level of current income that is exempt from regular federal income tax, while emphasizing preservation of capital. It primarily invests in investment-grade municipal securities and maintains broad diversification across revenue bonds and general obligation bonds, with revenue bonds comprising the large majority of assets. The portfolio carries intermediate interest-rate exposure, reflected in an effective duration of about seven years, and pays distributions on a monthly schedule. The fund’s 30-day SEC yield and published distribution rate position it as a core tax‑exempt income option for investors seeking federal tax-advantaged cash flows from state and local issuers. It has a long operating history dating to 1979 and a sizable asset base, supported by a multi-manager team and a research-driven approach to credit selection within the national municipal market segment. Class F-2 features a low expense profile without 12b‑1 fees, aiming to deliver tax-exempt income efficiently for taxable accounts.

• Fund Family: Capital Group
• Category: Muni National Interm
• Performance Rating: Above Average
• Risk Rating: Above Average
• Stock Exchange: Nasdaq
• Ticker Symbol: TEAFX
• Share Class: Class F-2
• Index: Bloomberg Municipal Bond TR

Performance

TEAFX had a total return of 0.33% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.94%.

Equivalent Funds

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

Symbol	Provider	Name	Expense Ratio
FHIGX	Fidelity	Fidelity Municipal Income Fund	0.43%
FHUGX	Fidelity	Fidelity Advisor Municipal Income A	0.73%
FIWEX	Fidelity	Fidelity Advisor Municipal Income Z	0.41%
FKISX	Fidelity	Fidelity Advisor Municipal Income C	1.44%
FLUVX	Fidelity	Fidelity Advisor Municipal Income M	0.73%

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	0.28%
AFTEX	Class A	0.56%
AFTFX	Class F-1	0.64%
TEBCX	Class C	1.31%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.03423	Oct 1, 2026
Aug 31, 2026	$0.03443	Sep 1, 2026
Jul 31, 2026	$0.03386	Aug 3, 2026
Jun 30, 2026	$0.0332	Jul 1, 2026
May 29, 2026	$0.03395	Jun 1, 2026
Apr 30, 2026	$0.03346	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:

Nov 3, 2026

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