American Funds Tax-Exempt Bond’s multimanager structure and deep municipal research bench support a valuation-driven approach that has consistently rewarded investors over the long term.
American Funds Tax-Exempt Bond Fund® Class F1 AFTFX
- NAV / 1-Day Return 12.51 / +0.08 %
- Total Assets 24.7B
-
Adj. Expense Ratio
0.630%
- Expense Ratio 0.610%
- Distribution Fee Level Above Average
- Share Class Type No Load
- Category Muni National Interm
- Credit Quality / Interest Rate Sensitivity Medium/Moderate
- Min. Initial Investment 250
- Status Open
- TTM Yield 2.94%
- Effective Duration 6.67 years
USD | NAV as of Jun 16, 2026 | 1-Day Return as of Jun 16, 2026, 12:11 AM GMT+0
Morningstar’s Analysis AFTFX
Will AFTFX outperform in the future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
The People Pillar is our evaluation of the AFTFX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of AFTFX’s parent organization’s priorities and whether they’re in line with investors’ interests.
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 3.4
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
United States Treasury Bills 0% | 1.31 | 319M | Government |
PUERTO RICO COMWLTH 0% | 0.55 | 135M | municipal |
BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 5% | 0.37 | 90M | municipal |
BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 5% | 0.34 | 82M | municipal |
DETROIT MICH SEW DISP REV 3.228% | 0.33 | 81M | municipal |
MISSOURI ST HEALTH & EDL FACS AUTH HEALTH FACS REV 5% | 0.33 | 79M | municipal |
PUERTO RICO COMWLTH 0% | 0.32 | 78M | municipal |
CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5% | 0.31 | 75M | municipal |
BLACK BELT ENERGY GAS DIST ALA GAS SUPPLY REV 4% | 0.28 | 67M | municipal |
KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 5% | 0.27 | 65M | municipal |
United States