American Funds Tax-Exempt Fund of California Class F-1 (TECFX)

Fund Assets	3.43B
Expense Ratio	0.64%
Min. Investment	$1,000
Turnover	26.00%
Dividend (ttm)	0.50
Dividend Yield	3.14%
Dividend Growth	1.11%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	15.82
YTD Return	-2.83%
1-Year Return	-1.94%
5-Year Return	-0.01%
52-Week Low	15.57
52-Week High	17.06
Beta (5Y)	0.04
Holdings	1826
Inception Date	Oct 28, 1986

About TECFX

This fund is designed to achieve its investment goals primarily by allocating capital to municipal debt instruments originating from the State of California, its various agencies, and local government bodies. While its core focus remains within California, the portfolio also possesses the flexibility to acquire municipal securities issued by jurisdictions beyond the state's borders. A key mandate for the fund is to ensure that a minimum of 80% of its total assets, or the income generated from them, comes from securities that are exempt from both standard federal and California state income taxes, and which, importantly, do not expose investors to the federal Alternative Minimum Tax (AMT).

• Fund Family: Capital Group
• Category: Muni California Long
• Performance Rating: Average
• Risk Rating: Below Average
• Stock Exchange: Nasdaq
• Ticker Symbol: TECFX
• Share Class: Class F-1
• Index: Bloomberg California TaxExempt Muni Bd TR

Performance

TECFX had a total return of -1.94% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.38%.

Equivalent Funds

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

Symbol	Provider	Name	Expense Ratio
VCITX	Vanguard	Vanguard California Long-Term Tax-Exempt Fund Investor Shares	0.14%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
EXCAX	Class F-3	0.30%
TEFEX	Class F-2	0.40%
TAFTX	Class A	0.57%
TECCX	Class C	1.32%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.04268	Oct 1, 2026
Aug 31, 2026	$0.0426	Sep 1, 2026
Jul 31, 2026	$0.04213	Aug 3, 2026
Jun 30, 2026	$0.04148	Jul 1, 2026
May 29, 2026	$0.04205	Jun 1, 2026
Apr 30, 2026	$0.04253	May 1, 2026

Data Sources: Tiingo, Financial Modeling Prep, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Financial Modeling Prep. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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