American Funds Tax-Exempt Preservation Portfolio Class F-2 (TXEFX)
| Fund Assets | 397.10M |
| Expense Ratio | 0.35% |
| Min. Investment | $250 |
| Turnover | 34.00% |
| Dividend (ttm) | 0.28 |
| Dividend Yield | 2.84% |
| Dividend Growth | 10.11% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 27, 2026 |
| Previous Close | 9.81 |
| YTD Return | 0.83% |
| 1-Year Return | 4.96% |
| 5-Year Return | 7.49% |
| 52-Week Low | 9.22 |
| 52-Week High | 9.84 |
| Beta (5Y) | n/a |
| Holdings | 5 |
| Inception Date | May 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.
Performance
TXEFX had a total return of 4.96% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.39%.
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 | $0.0105 | Jan 28, 2026 |
| Dec 29, 2025 | $0.0396 | Dec 30, 2025 |
| Nov 24, 2025 | $0.0226 | Nov 25, 2025 |
| Oct 28, 2025 | $0.0223 | Oct 29, 2025 |
| Sep 25, 2025 | $0.0241 | Sep 26, 2025 |
| Aug 26, 2025 | $0.0232 | Aug 27, 2025 |