American Funds Tax-Exempt Presv Port A (TEPAX)
| Fund Assets | 393.00M |
| Expense Ratio | 0.58% |
| Min. Investment | $250 |
| Turnover | 34.00% |
| Dividend (ttm) | 0.25 |
| Dividend Yield | 2.51% |
| Dividend Growth | 19.23% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 26, 2025 |
| Previous Close | 9.76 |
| YTD Return | 3.28% |
| 1-Year Return | 2.92% |
| 5-Year Return | 5.29% |
| 52-Week Low | 9.45 |
| 52-Week High | 9.79 |
| Beta (5Y) | 0.13 |
| Holdings | 5 |
| Inception Date | May 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.
Performance
TEPAX had a total return of 2.92% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.64%.
Top 10 Holdings
100.00% of assets| Name | Symbol | Weight |
|---|---|---|
| American Funds Limited Term Tx-Ex Bd R-6 | n/a | 40.03% |
| Capital Group Short Duration Municipal Income ETF | CGSM | 29.92% |
| Amer Fds Short-Term Tax Exempt Bd | n/a | 29.53% |
| Capital Group Central Cash Fund | n/a | 0.59% |
| Cash And Other Assets Less Liablities | n/a | -0.07% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 26, 2025 | $0.0217 | Aug 27, 2025 |
| Jul 28, 2025 | $0.0204 | Jul 29, 2025 |
| Jun 25, 2025 | $0.0216 | Jun 26, 2025 |
| May 27, 2025 | $0.0221 | May 28, 2025 |
| Apr 25, 2025 | $0.0204 | Apr 28, 2025 |
| Mar 26, 2025 | $0.0221 | Mar 27, 2025 |