American Funds Tax-Exempt Preservation Portfolio Class F-3 (TYEFX)

Fund Assets	397.10M
Expense Ratio	0.26%
Min. Investment	$250
Turnover	34.00%
Dividend (ttm)	0.28
Dividend Yield	2.92%
Dividend Growth	2.05%
Payout Frequency	Monthly
Ex-Dividend Date	Jul 28, 2026

Previous Close	9.72
YTD Return	1.07%
1-Year Return	2.91%
5-Year Return	7.90%
52-Week Low	9.67
52-Week High	9.87
Beta (5Y)	0.02
Holdings	5
Inception Date	Jan 27, 2017

About TYEFX

American Funds Tax-Exempt Preservation Portfolio F-3 is an open-end mutual fund designed to deliver current income that is exempt from regular federal income tax while emphasizing preservation of capital. The portfolio invests primarily in high-quality, short- to intermediate-maturity municipal bonds through a mix of underlying American Funds strategies, resulting in a predominantly U.S. bond allocation and minimal equity exposure. Its holdings are largely revenue bonds, supplemented by general obligation bonds, seeking diversified exposure across municipal sectors. The fund maintains a relatively short effective duration—around three years—aimed at limiting interest-rate sensitivity while providing stable, tax-exempt income. It distributes dividends monthly and historically targets a distribution rate in the mid-2% range, reflecting its income-oriented mandate. With hundreds of issuers represented and a measured turnover profile, the portfolio functions as a core short-duration municipal allocation for investors prioritizing tax efficiency and capital steadiness within fixed income. Operated by Capital Group, it is benchmarked to short/intermediate municipal indices and is positioned within the Muni National Short category for risk and peer comparisons.

• Fund Family: Capital Group
• Category: Muni National Short
• Performance Rating: Average
• Risk Rating: Above Average
• Stock Exchange: NASDAQ
• Ticker Symbol: TYEFX
• Share Class: Class F-3
• Index: Bloomberg 1-8 Year Municipal TR USD

Performance

TYEFX had a total return of 2.91% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.15%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
TXEFX	Class F-2	0.35%
TEPAX	Class A	0.59%
TEPFX	Class F-1	0.63%
TEPCX	Class C	1.30%

Top Holdings

Name	Symbol	Weight
American Funds Limited Term Tx-Ex Bd R-6	n/a	40.03%
Capital Group Short Duration Municipal Income ETF	CGSM	29.93%
Amer Fds Short-Term Tax Exempt Bd	n/a	29.50%
Capital Group Central Cash Fund	n/a	0.52%
Cash And Other Assets Less Liablities	n/a	0.02%

Dividend History

Ex-Dividend	Amount	Pay Date
Jul 28, 2026	$0.0218	Jul 29, 2026
Jun 25, 2026	$0.0236	Jun 26, 2026
May 26, 2026	$0.0233	May 27, 2026
Apr 27, 2026	$0.0231	Apr 28, 2026
Mar 26, 2026	$0.0247	Mar 27, 2026
Feb 24, 2026	$0.021	Feb 25, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 17, 2026

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