American Funds Tax-Exempt Preservation Portfolio (TXEFX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
9.76
+0.01 (0.10%)
Oct 10, 2025, 4:00 PM EDT
0.10%
Fund Assets397.10M
Expense Ratio0.35%
Min. Investment$250
Turnover34.00%
Dividend (ttm)0.28
Dividend Yield2.82%
Dividend Growth15.07%
Payout FrequencyMonthly
Ex-Dividend DateSep 25, 2025
Previous Close9.75
YTD Return3.16%
1-Year Return2.87%
5-Year Return6.45%
52-Week Low9.45
52-Week High9.81
Beta (5Y)n/a
Holdings4
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 Capital Group
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 2.87% 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

99.84% of assets
NameSymbolWeight
LIMITED TERM TAX-EXEMPT BOND FD AMER R6 (LTEX CL R6)n/a39.95%
Capital Group Short Duration Municipal Income ETFCGSM29.83%
AMERICAN FDS SH-TERM TAX-EXEMPT BD FD R6 (STEX CL R6)n/a29.46%
CAPITAL GROUP CENTRAL CASH FUNDCMQXX0.60%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Sep 25, 2025$0.0241Sep 26, 2025
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
Full Dividend History