American Fds Tax-Exempt Fund of NY F-3 (TFNYX)
| Fund Assets | 296.89M |
| Expense Ratio | 0.30% |
| Min. Investment | $1,000 |
| Turnover | 18.00% |
| Dividend (ttm) | 0.36 |
| Dividend Yield | 3.52% |
| Dividend Growth | 5.19% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 10.12 |
| YTD Return | 2.58% |
| 1-Year Return | 7.58% |
| 5-Year Return | 2.58% |
| 52-Week Low | 9.56 |
| 52-Week High | 10.16 |
| Beta (5Y) | 0.04 |
| Holdings | 256 |
| Inception Date | Jan 27, 2017 |
About TFNYX
American Funds Tax-Exempt Fund of New York F-3 is a municipal bond mutual fund designed to provide investors with a high level of current income that is exempt from regular federal, New York State, and New York City income taxes. The fund primarily invests in debt securities issued by entities within New York, with a focus on revenue bonds—representing a significant portion of its portfolio—alongside a smaller allocation to general obligation bonds. Its holdings are diversified, typically including over 250 individual securities. This fund is intended for investors seeking tax-advantaged income while maintaining exposure to the New York municipal bond market. It distributes income monthly and is especially relevant for individuals residing in New York who benefit most from its triple tax-exempt status. The fund’s role within the broader financial market centers on delivering tax-efficient income, appealing to those prioritizing capital preservation and consistent, tax-exempt cash flows from high-quality municipal issuers within the state.
Performance
TFNYX had a total return of 7.58% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.15%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| VNYTX | Vanguard | Vanguard New York Long-Term Tax-Exempt Fund Investor Shares | 0.14% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.029 | Jul 1, 2026 |
| May 29, 2026 | $0.02826 | Jun 1, 2026 |
| Apr 30, 2026 | $0.03028 | May 1, 2026 |
| Mar 31, 2026 | $0.03112 | Apr 1, 2026 |
| Feb 27, 2026 | $0.02807 | Mar 2, 2026 |
| Jan 30, 2026 | $0.02995 | Feb 2, 2026 |