American Funds Tax Exempt Bond F3 (TFEBX)
| Fund Assets | 23.45B |
| Expense Ratio | 0.24% |
| Min. Investment | $250 |
| Turnover | n/a |
| Dividend (ttm) | 0.42 |
| Dividend Yield | 3.38% |
| Dividend Growth | 5.71% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 30, 2025 |
| Previous Close | 12.50 |
| YTD Return | 1.50% |
| 1-Year Return | 0.73% |
| 5-Year Return | 4.27% |
| 52-Week Low | 11.86 |
| 52-Week High | 12.62 |
| Beta (5Y) | n/a |
| Holdings | 5329 |
| Inception Date | Jan 27, 2017 |
About TFEBX
The Tax-Exempt Bond Fund of America – Class F-3 is an open-end municipal bond fund designed to deliver a high level of current income that is exempt from regular federal income tax while emphasizing capital preservation. Managed by Capital Group, it primarily invests in investment-grade municipal securities across states and sectors, with flexibility to hold a measured allocation to lower rated bonds, reflecting a diversified approach to credit within the national intermediate municipal category. The portfolio is broadly diversified across more than a thousand issuers and pays distributions monthly, aligning its income profile with investor cash flow needs. Duration is managed in the intermediate range, aiming to balance interest rate sensitivity with income generation. Class F-3 is structured for fee-sensitive accounts, featuring a relatively low expense profile and no front sales charge, enhancing net-of-fee income delivery. With a multi-decade track record and large asset base, the fund plays a core role for investors seeking federally tax-exempt income and municipal market exposure within a professionally managed, research-driven framework.
Performance
TFEBX had a total return of 0.73% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.07%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
3.18% of assets| Name | Symbol | Weight |
|---|---|---|
| PUERTO RICO COMMONWEALTH OF (GOVERNMENT) - COMMONWEALTH OF PUERTO RICO FRN 11-01-43 | PR.PRC 11.01.2043 | 0.42% |
| BLACK BELT ENERGY GAS DISTRICT (MPT) 5.0% 10-01-55 | AL.BBEUTL 10.01.2055 | 0.39% |
| DETROIT SEWER SYSTEM - GREAT LAKES WATER AUTHORITY SEWAGE DISPOSAL SYSTEM REVENUE AG FRN 07-01-32 | MI.DETUTL 07.01.2032 | 0.35% |
| CALIFORNIA COMMUNITY CHOICE FINANCING AUTHORITY (MPT) 5.0% 02-01-55 | CA.CCEDEV 02.01.2055 | 0.33% |
| BLACK BELT ENERGY GAS DISTRICT (MPT) 4.0% 06-01-51 | AL.BBEUTL 06.01.2051 | 0.31% |
| PUERTO RICO COMMONWEALTH OF (GOVERNMENT) - COMMONWEALTH OF PUERTO RICO 0.0% 11-01-51 | PR.PRC 11.01.2051 | 0.29% |
| KENTUCKY INC KY PUB ENERGY AUTH - KENTUCKY PUBLIC ENERGY AUTHORITY (MPT) 5.0% 01-01-55 | KY.KYSPWR 01.01.2055 | 0.28% |
| ENERGY SOUTHEAST ALA COOP DIST ENERGY SUPPLY - ENERGY SOUTHEAST A COOPERATIVE DISTRICT (MPT) 5.25% 07-01-54 | AL.ESDPWR 07.01.2054 | 0.28% |
| NEW HAMPSHIRE BUSINESS FINANCE AUTHORITY 4.125% 01-20-34 | NH.NFADEV 4.12 01.20.2034 | 0.27% |
| SOUTHEAST ENERGY AUTHORITY AL - SOUTHEAST ENERGY AUTHORITY A COOPERATIVE DISTRICT (MPT) 4.0% 12-01-51 | AL.SEEPWR 12.01.2051 | 0.27% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 30, 2025 | $0.0339 | Oct 1, 2025 |
| Aug 29, 2025 | $0.03456 | Sep 2, 2025 |
| Jul 31, 2025 | $0.03514 | Aug 1, 2025 |
| Jun 30, 2025 | $0.03364 | Jul 1, 2025 |
| May 30, 2025 | $0.0343 | Jun 2, 2025 |
| Apr 30, 2025 | $0.03363 | May 1, 2025 |