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Investments / American Funds Tax-Exempt Preservation Model Portfolio
 

American Funds Tax-Exempt Preservation Model Portfolio

American Funds Tax-Exempt Preservation MP Composite
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Summary
 

American Funds Tax-Exempt Preservation Model Portfolio

American Funds Tax-Exempt Preservation MP Composite
tooltip: shareClassModels definition not found.

Summary

Offers exposure to a mix of fixed-income securities focused on preservation of principal and seeks to provide investors a source of some current income.

  • Portfolio Solutions Committee Members 7
  • WAERMP_WAERG
    Weighted Average Expense Ratio (%) —

Underlying Funds

Tax-exempt
100%
American Funds Short-Term Tax-Exempt Bond Fund®30%
Limited Term Tax-Exempt Bond Fund of America®40%
Capital Group Short Duration Municipal Income ETF30%
As of 12/09/2025 (updated daily).
MODEL HISTORICAL ALLOCATIONS
assetMix, UNDFUNDHAFMP

Asset Mix

U.S. Bonds
92.0%
Non-U.S. Bonds
0.2%
assetMixCE
Cash Equivalents 1
7.8%
As of 12/31/2025 (updated monthly)

Description

Objective
Seeks preservation of capital primarily and secondarily current income that is exempt from regular federal income tax through a diversified portfolio of high-quality, tax-exempt, fixed-income securities.
Distinguishing Characteristics
Pursues its investment objectives by investing in a mix of American Funds in different combinations and weightings.
Types of Investments
The underlying funds seek current income, consistent with the preservation of capital, through tax-exempt bond investments.

Facts

ID
Strategy Inception
05/31/2012
Companies/Issuers
796
Holdings are as of 12/31/2025 (updated monthly).
portfolioTurnover
Portfolio Turnover
1.0016443500%
Holdings are as of 12/31/2025 (updated monthly).
RSG_YTD, RSNF_YTD, RSGA_LT, RSNFA_LT

Returns

Valuation

Price/ Book tooltip: PBRAT definition not found. Price/ Cash Flow tooltip: PCRAT definition not found. Price/ Earnings tooltip: PERAT definition not found.
Model
———
Bloomberg Municipal Bond 1-7 Year Blend Index tooltip: 1261 definition not found.
———
Model as of —. Index as of —.

Portfolio Solutions Committee

  • Years of Experience with Capital Group
  • Years of Experience with Investment Industry
Michelle Black
24
31
Brittain Ezzes
4
28
Samir Mathur
13
33
Damien McCann
26
Wesley Phoa
27
33
John Queen
24
36
Andrew Suzman
32

A boldface number indicates that years of experience with Capital Group is equal to years of experience with investment industry.

Portfolio managers as of 02/02/2026. Portfolio managers' years of experience are as of the previous calendar year end.

Risk

10YRLifetime

Risk Measures

Model
stdDeviation
Standard Deviation tooltip: SDF definition not found.
2.72
sharpe
Sharpe Ratio (gross/net) tooltip: Sharpe ratios use standard deviation and excess return to determine reward per unit of risk. The higher the number, the better the portfolio's historical risk-adjusted performance.
-0.09/-1.20
rSquared
R-squared tooltip: RSQ_AFR definition not found.
96
Tracking Error tooltip: TRKERR definition not found.
0.58
beta
Beta tooltip: BETA_AF definition not found.
0.91
captureDown
Upside Capture Ratio (gross/net) tooltip: Ratio of a portfolio/composite's return during periods when the index was up, divided by the return of the index during those periods. For example, an up-capture ratio greater than 100 indicates the portfolio/composite produced a higher return than the index during periods when the index was up.
10/3
captureUp
Downside Capture Ratio (gross/net) tooltip: DCAPRAT definition not found.
7/13
For the 10 Years ending 12/31/2025 (updated monthly). Beta and Capture Ratio calculated using the Bloomberg Municipal Bond 1-7 Year Blend Index.tooltip: Bloomberg Municipal Bond 1-7 Year Blend Index definition not found.

Average Life Breakdown

Read important investment disclosures

0-4.9 Years
64.9%
5-9.9 Years
25.7%
10-19.9 Years
1.5%
20-29.9 Years
0.0%
% of net assets as of 12/31/2025 (updated quarterly)

qualitySummary
Quality Summary

Read important investment disclosures

AAA/Aaa
16.1%
AA/Aa
53.4%
A
21.5%
BBB/Baa
3.4%
BB/Ba
0.8%
B
0.0%
Unrated
4.8%
% of net assets as of 12/31/2025 (updated monthly)
TTLHLD

Holdings

Total Bond Holdings

Revenue bonds
92.3%
General obligations
7.7%
% of net assets as of 12/31/2025 (updated quarterly).

Go to the underlying fund pages to see detailed holdings information

Geographic Breakdown

Regions
|
Top Countries
|
Top States
 
United States
92.0%
ALLCTRY_CECTRY
Cash & equivalents
7.8%
% of net assets as of 12/31/2025 (updated quarterly)

Expenses

Weighted Average Expense Ratio

WAERMP_WAERG
American Funds Tax-Exempt Preservation Model Portfolio
—
WAERLC_AER
Lipper Category Weighted Average
0.34
Model as of the underlying funds' most recent prospectuses. Lipper Category as of 12/31/2025 (updated quarterly). The Lipper averages for the underlying funds are ASTFX, LTEFX and CGSM.

Resources

Literature for American Funds Tax-Exempt Preservation Model Portfolio
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1
Includes cash, short-term securities, other assets less liabilities, accruals, derivatives and forwards. It may also include investments in money market or similar funds managed by the investment adviser or its affiliates that are not offered to the public.
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