American Funds Tax-Exempt Preservation Portfolio (TXEFX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
9.74
+0.03 (0.31%)
Sep 5, 2025, 4:00 PM EDT
0.31%
Fund Assets393.00M
Expense Ratio0.35%
Min. Investment$250
Turnover34.00%
Dividend (ttm)0.27
Dividend Yield2.80%
Dividend Growth17.28%
Payout FrequencyMonthly
Ex-Dividend DateAug 26, 2025
Previous Close9.71
YTD Return2.95%
1-Year Return2.68%
5-Year Return6.01%
52-Week Low9.45
52-Week High9.79
Beta (5Y)n/a
Holdings5
Inception DateMay 18, 2012

About TXEFX

American Funds Tax-Exempt Preservation Portfolio Class F-2 is a municipal bond mutual fund designed to provide current income that is exempt from regular federal income tax while emphasizing preservation of capital. The portfolio invests primarily in a mix of American Funds fixed income strategies focused on short- to limited-duration municipal securities, resulting in a conservative interest rate profile and lower volatility versus the broad muni market. It maintains exposure largely to U.S. municipal revenue and general obligation bonds, with revenue bonds representing a significant majority of assets. The fund’s structure concentrates holdings through underlying American Funds muni portfolios, aligning the vehicle with the Muni National Short category and targeting a duration generally under four years. Key characteristics include a relatively low expense profile for its share class, monthly income distributions, and a minimum initial investment suited to a broad investor base. Within the municipal market, this portfolio serves as a tax-aware, capital-preservation option for those seeking federally tax-exempt income with limited interest rate sensitivity and broad diversification across states, sectors, and issuers via its underlying funds.

Fund Family American Funds
Category Muni National Short
Stock Exchange NASDAQ
Ticker Symbol TXEFX
Share Class Class F-2
Index Bloomberg 1-8 Year Municipal TR USD

Performance

TXEFX had a total return of 2.68% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.97%.

Other Share Classes

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

SymbolShare ClassExpense Ratio
TYEFXClass F-30.25%
TEPAXClass A0.58%
TEPFXClass F-10.63%
TEPCXClass C1.28%

Top 10 Holdings

100.00% of assets
NameSymbolWeight
American Funds Limited Term Tx-Ex Bd R-6n/a40.03%
Capital Group Short Duration Municipal Income ETFCGSM29.92%
Amer Fds Short-Term Tax Exempt Bdn/a29.53%
Capital Group Central Cash Fundn/a0.59%
Cash And Other Assets Less Liablitiesn/a-0.07%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Aug 26, 2025$0.0232Aug 27, 2025
Jul 28, 2025$0.0223Jul 29, 2025
Jun 25, 2025$0.0235Jun 26, 2025
May 27, 2025$0.0239May 28, 2025
Apr 25, 2025$0.0223Apr 28, 2025
Mar 26, 2025$0.024Mar 27, 2025
Full Dividend History