American Funds Tax-Exempt Presv Port A (TEPAX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
9.76
+0.01 (0.10%)
Oct 10, 2025, 4:00 PM EDT
0.10%
Fund Assets397.10M
Expense Ratio0.58%
Min. Investment$250
Turnover34.00%
Dividend (ttm)0.25
Dividend Yield2.53%
Dividend Growth16.96%
Payout FrequencyMonthly
Ex-Dividend DateSep 25, 2025
Previous Close9.75
YTD Return3.07%
1-Year Return2.70%
5-Year Return5.31%
52-Week Low9.45
52-Week High9.81
Beta (5Y)0.13
Holdings4
Inception DateMay 18, 2012

About TEPAX

American Funds Tax-Exempt Preservation Portfolio Class A is an open-end municipal bond fund designed to deliver current income exempt from regular federal income tax while emphasizing preservation of capital. The portfolio primarily holds short to intermediate maturity, investment-grade municipal securities through a fund-of-funds approach, allocating heavily to revenue bonds with additional exposure to general obligation bonds. Duration is kept on the shorter side to manage interest rate sensitivity, with recent disclosures showing an effective duration near three years and a diversified mix across more than a thousand issuers. The fund distributes income monthly and targets a risk profile aligned with the Bloomberg Municipal Bond 1–7 Year blend benchmarks used for evaluation. It is structured to provide broad, high-quality municipal market exposure, supported by underlying strategies such as short-term tax‑exempt and limited term municipal funds and an affiliated short duration municipal ETF. With modest portfolio turnover and a long-standing inception dating back to 2012, the fund plays a role as a conservative, tax-efficient income option within a fixed income allocation for investors seeking federally tax-exempt income and capital stability.

Fund Family Capital Group
Category Muni National Short
Stock Exchange NASDAQ
Ticker Symbol TEPAX
Share Class Class A
Index Bloomberg 1-8 Year Municipal TR USD

Performance

TEPAX had a total return of 2.70% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.61%.

Other Share Classes

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

SymbolShare ClassExpense Ratio
TYEFXClass F-30.25%
TXEFXClass F-20.35%
TEPFXClass F-10.63%
TEPCXClass C1.28%

Top 10 Holdings

99.84% of assets
NameSymbolWeight
LIMITED TERM TAX-EXEMPT BOND FD AMER R6 (LTEX CL R6)n/a39.95%
Capital Group Short Duration Municipal Income ETFCGSM29.83%
AMERICAN FDS SH-TERM TAX-EXEMPT BD FD R6 (STEX CL R6)n/a29.46%
CAPITAL GROUP CENTRAL CASH FUNDCMQXX0.60%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Sep 25, 2025$0.022Sep 26, 2025
Aug 26, 2025$0.0217Aug 27, 2025
Jul 28, 2025$0.0204Jul 29, 2025
Jun 25, 2025$0.0216Jun 26, 2025
May 27, 2025$0.0221May 28, 2025
Apr 25, 2025$0.0204Apr 28, 2025
Full Dividend History