American Funds Tax-Exempt Bond Fund Class C (TEBCX)
| Fund Assets | 24.73B |
| Expense Ratio | 1.30% |
| Min. Investment | $250 |
| Turnover | 56.00% |
| Dividend (ttm) | 0.28 |
| Dividend Yield | 2.27% |
| Dividend Growth | 1.71% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 12.56 |
| YTD Return | 1.86% |
| 1-Year Return | 5.85% |
| 5-Year Return | 1.31% |
| 52-Week Low | 12.00 |
| 52-Week High | 12.67 |
| Beta (5Y) | 0.04 |
| Holdings | 5407 |
| Inception Date | Oct 3, 1979 |
About TEBCX
American Funds Tax-Exempt Bond Fund Class C 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. The portfolio primarily holds investment-grade U.S. municipal securities, while maintaining the flexibility to include lower-rated issues to enhance income, reflecting its placement in the Muni National Intermediate category. The strategy emphasizes diversified exposure across revenue and general obligation bonds, with revenue bonds representing a substantial share of assets. It targets intermediate interest-rate risk, as indicated by an effective duration in the mid‑single‑digit range, and distributes income on a monthly schedule. With a multi-decade track record since 1979 and a large asset base, the fund serves as a core tax‑exempt fixed income allocation for investors seeking federally tax-advantaged income within a diversified portfolio. Class C shares incorporate a 12b‑1 distribution fee structure and may carry a contingent deferred sales charge if sold within the first year, distinguishing their cost profile from other share classes.
Performance
TEBCX had a total return of 5.85% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.85%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.02375 | Jul 1, 2026 |
| May 29, 2026 | $0.02425 | Jun 1, 2026 |
| Apr 30, 2026 | $0.02379 | May 1, 2026 |
| Mar 31, 2026 | $0.02369 | Apr 1, 2026 |
| Feb 27, 2026 | $0.02157 | Mar 2, 2026 |
| Jan 30, 2026 | $0.02327 | Feb 2, 2026 |