American Funds Tax-Exempt Bond Fund Class C (TEBCX)

Fund Assets	24.17B
Expense Ratio	1.31%
Min. Investment	$250
Turnover	56.00%
Dividend (ttm)	0.29
Dividend Yield	2.43%
Dividend Growth	0.10%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	11.81
YTD Return	-3.92%
1-Year Return	-2.81%
5-Year Return	-3.73%
52-Week Low	11.66
52-Week High	12.67
Beta (5Y)	0.04
Holdings	5422
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.

• Fund Family: Capital Group
• Category: Muni National Interm
• Performance Rating: Below Average
• Risk Rating: Above Average
• Stock Exchange: Nasdaq
• Ticker Symbol: TEBCX
• Share Class: Class C
• Index: Bloomberg Municipal Bond TR

Performance

TEBCX had a total return of -2.81% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.58%.

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 M	0.75%
FKISX	Fidelity	Fidelity Advisor Municipal Income C	1.50%
FROGX	Fidelity	Fidelity Advisor Municipal Income I	0.50%
FUENX	Fidelity	Fidelity Flex Municipal Income Fund	n/a
FHIGX	Fidelity	Fidelity Municipal Income Fund	0.43%

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	0.27%
TEAFX	Class F-2	0.38%
AFTEX	Class A	0.55%
AFTFX	Class F-1	0.63%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.02512	Oct 1, 2026
Aug 31, 2026	$0.0248	Sep 1, 2026
Jul 31, 2026	$0.0241	Aug 3, 2026
Jun 30, 2026	$0.02375	Jul 1, 2026
May 29, 2026	$0.02425	Jun 1, 2026
Apr 30, 2026	$0.02379	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 3, 2026

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