American Funds Tax-Exempt Bond C (TEBCX)
| Fund Assets | 23.00B |
| Expense Ratio | 1.28% |
| Min. Investment | $250 |
| Turnover | 33.00% |
| Dividend (ttm) | 0.28 |
| Dividend Yield | 2.30% |
| Dividend Growth | 8.20% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 12.40 |
| YTD Return | 0.80% |
| 1-Year Return | -0.14% |
| 5-Year Return | -0.33% |
| 52-Week Low | 11.86 |
| 52-Week High | 12.66 |
| Beta (5Y) | n/a |
| Holdings | 5340 |
| 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 -0.14% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.74%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
3.33% of assets| Name | Symbol | Weight |
|---|---|---|
| Cash And Other Assets Less Liablities | n/a | 0.46% |
| 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 3.655% | MI.DETUTL 07.01.2032 | 0.35% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5% | CA.CCEDEV 02.01.2055 | 0.32% |
| BLACK BELT ENERGY GAS DIST ALA GAS SUPPLY REV 4% | AL.BBEUTL 06.01.2051 | 0.30% |
| 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 | 0.28% |
| ENERGY SOUTHEAST ALA COOP DIST ENERGY SUPPLY REV 5.25% | AL.ESDPWR 07.01.2054 | 0.28% |
| NATIONAL FIN AUTH N H MUN CTFS 4.125% | NH.NFADEV 4.12 01.20.2034 | 0.27% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 29, 2025 | $0.02392 | Sep 2, 2025 |
| Jul 31, 2025 | $0.02451 | Aug 1, 2025 |
| Jun 30, 2025 | $0.02335 | Jul 1, 2025 |
| May 30, 2025 | $0.02363 | Jun 2, 2025 |
| Apr 30, 2025 | $0.02334 | May 1, 2025 |
| Mar 31, 2025 | $0.02341 | Apr 1, 2025 |