American Funds Tax-Exempt Preservation Portfolio Class F-1 (TEPFX)
| Fund Assets | 397.10M |
| Expense Ratio | 0.63% |
| Min. Investment | $250 |
| Turnover | 34.00% |
| Dividend (ttm) | 0.25 |
| Dividend Yield | 2.55% |
| Dividend Growth | 11.26% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 27, 2026 |
| Previous Close | 9.88 |
| YTD Return | 1.43% |
| 1-Year Return | 5.19% |
| 5-Year Return | 6.95% |
| 52-Week Low | 9.26 |
| 52-Week High | 9.88 |
| Beta (5Y) | n/a |
| Holdings | 5 |
| Inception Date | May 18, 2012 |
About TEPFX
American Funds Tax-Exempt Preservation Portfolio – Class F-1 is a municipal bond fund-of-funds designed to provide current income exempt from regular federal income tax while emphasizing preservation of capital. The portfolio primarily allocates to short-duration, investment-grade municipal securities through underlying American Funds and Capital Group vehicles, resulting in a high concentration in revenue bonds with additional exposure to general obligation bonds. Its interest-rate profile is managed conservatively, with an effective duration of about 3.3 years and a focus on the front end of the muni curve to limit volatility. The fund distributes income monthly and reports hundreds of underlying issuers, reflecting broad diversification across municipalities and sectors that finance essential public services and infrastructure. Positioned within the short municipal category, it seeks to balance tax-exempt income generation with limited interest-rate sensitivity, supported by a multi-manager approach and regular portfolio rebalancing. Capital Group reports core metrics such as average yield to maturity, average coupon, and portfolio turnover to contextualize risk and income characteristics for tax-aware investors seeking stability and federally tax-exempt income.
Performance
TEPFX had a total return of 5.19% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.86%.
Top Holdings
| Name | Symbol | Weight |
|---|---|---|
| American Funds Limited Term Tx-Ex Bd R-6 | n/a | 40.02% |
| Capital Group Short Duration Municipal Income ETF | CGSM | 29.97% |
| Amer Fds Short-Term Tax Exempt Bd | n/a | 29.52% |
| Capital Group Central Cash Fund | n/a | 0.50% |
| Cash And Other Assets Less Liablities | n/a | -0.00% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 27, 2026 | $0.0093 | Jan 28, 2026 |
| Dec 29, 2025 | $0.0359 | Dec 30, 2025 |
| Nov 24, 2025 | $0.0204 | Nov 25, 2025 |
| Oct 28, 2025 | $0.0202 | Oct 29, 2025 |
| Sep 25, 2025 | $0.0217 | Sep 26, 2025 |
| Aug 26, 2025 | $0.0214 | Aug 27, 2025 |