American Funds Tax-Exempt Bond Fund Class C (TEBCX)
| Fund Assets | 24.07B |
| Expense Ratio | 1.28% |
| Min. Investment | $250 |
| Turnover | 56.00% |
| Dividend (ttm) | 0.28 |
| Dividend Yield | 2.26% |
| Dividend Growth | 4.30% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 12.55 |
| YTD Return | 0.91% |
| 1-Year Return | 3.65% |
| 5-Year Return | 1.06% |
| 52-Week Low | 11.63 |
| 52-Week High | 12.57 |
| Beta (5Y) | n/a |
| Holdings | 5290 |
| 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 3.65% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.47%.
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 | 0.51% |
| FUENX | Fidelity | Fidelity Flex Municipal Income Fund | n/a |
| FHIGX | Fidelity | Fidelity Municipal Income Fund | 0.44% |
Top 10 Holdings
3.85% of assets| Name | Symbol | Weight |
|---|---|---|
| Cash And Other Assets Less Liablities | n/a | 0.98% |
| PUERTO RICO COMWLTH 0% | PR.PRC 11.01.2043 | 0.41% |
| BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 5% | AL.BBEUTL 10.01.2055 | 0.38% |
| DETROIT MICH SEW DISP REV 0% | MI.DETUTL 07.01.2032 | 0.34% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5% | CA.CCEDEV 02.01.2055 | 0.32% |
| BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 5% | AL.BBEUTL 5 10.01.2035 | 0.29% |
| BLACK BELT ENERGY GAS DIST ALA GAS SUPPLY REV 4% | AL.BBEUTL 06.01.2051 | 0.29% |
| TEXAS MUN GAS ACQUISTION & SUPPLY CORP VI GAS SUPPLY REV 5% | TX.TGAUTL 5 01.01.2036 | 0.29% |
| PUERTO RICO COMWLTH 0% | PR.PRC 11.01.2051 | 0.28% |
| KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 5% | KY.KYSPWR 01.01.2055 | 0.27% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.02327 | Feb 2, 2026 |
| Dec 31, 2025 | $0.02559 | Jan 2, 2026 |
| Nov 28, 2025 | $0.02326 | Dec 1, 2025 |
| Oct 31, 2025 | $0.02381 | Nov 3, 2025 |
| Sep 30, 2025 | $0.02343 | Oct 1, 2025 |
| Aug 29, 2025 | $0.02392 | Sep 2, 2025 |