American Funds Tax-Exempt Preservation Portfolio - F-3 | American Funds

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RETIREMENT PLAN INVESTOR

Use your plan ID (available on your account statement) to determine which employer-sponsored retirement plan website to use:

IF YOUR PLAN ID BEGINS WITH IRK, BRK, 1, 2 OR 754

Visit americanfunds.com/retire

IF YOUR PLAN ID BEGINS WITH 34 OR 135

Visit myretirement.americanfunds.com

PORTFOLIO SERIES

SM

Purchase Restrictions: Class F-3 shares are available through certain registered investment advisor and fee-based programs, but are not available for purchase in most employer-sponsored retirement plans. See the prospectus for details.

Notice The Portfolio Solutions Committee reallocated this product as of July 30, 2022. These changes to the underlying funds are reflected below. View additional details here.

Summary

Internal Prompt
A tax-exempt foundation. As part of a diversified investment strategy, this fund of funds seeks to provide investors with a source of tax-exempt income.
Price at NAV $9.58 as of 8/12/2022 (updated daily)
Fund Assets (millions) $632.8
Portfolio Solutions Committee Members
7
Expense Ratio
0.30%

Underlying Funds

Asset Mix

U.S. Equities0.0%
Non-U.S. Equities0.0%
U.S. Bonds84.0%
Non-U.S. Bonds0.0%
Cash & Equivalents
16.0%
U.S. Equities0.0%
Non-U.S. Equities0.0%
U.S. Bonds84.0%
Non-U.S. Bonds0.0%
Cash & Equivalents
16.0%
As of 7/31/2022 (updated monthly)

Fund Statistics

2.7 years
Effective Duration
2.6%
Average Yield
to Maturity
3.2%
Average Coupon
% of net assets as of 6/30/2022 (updated quarterly)

Growth of 10K

Read important investment disclosures
For Class F-3 Shares, this chart tracks a hypothetical investment with dividends reinvested through 12/31/2021.
TYEFX
Bloomberg Municipal Bond 1-7 Year Blend Index

High & Low Prices

Internal Prompt

Returns at NAV

Returns with Sales Charge

Description

Fund Objective
The fund's investment objective is to provide current income that is exempt from regular federal income tax, consistent with preservation of capital.
Distinguishing Characteristics
The fund will attempt to achieve its investment objectives by investing in a mix of American Funds in different combinations and weightings.
Types of Investments
Principally invest in funds that seek current income through bond investments.
Portfolio Restrictions
The fund will seek to generate a material portion of its current income from underlying funds that invest in bonds that are exempt from regular income tax, such as municipal bonds.

Fund Facts

Fund Inception 5/18/2012
Fund Assets (millions)
As of 7/31/2022
$632.8
Companies/Issuers
Holdings are as of 6/30/2022 (updated quarterly).
930+
Shareholder Accounts
Shareholder accounts are as of 7/31/2022
243
Regular Dividends Paid
Monthly
Minimum Initial Investment $250
Capital Gains Paid
Dec
Portfolio Turnover (2021) 5%
Fiscal Year-End Oct
Prospectus Date 01/01/2022
CUSIP 02630Q 50 2
Fund Number 744

Returns

Internal Prompt

Month-End Returns as of 7/31/22

Quarter-End Returns as of 6/30/22

Internal Prompt

Volatility & Return

Read important investment disclosures

Equities

For Class F-3 Shares, this chart tracks the 10-year standard deviation
and 10-year annualized return of the equity funds
TYEFX
Bloomberg Municipal Bond 1-7 Year Blend Index
Other AF Funds
Standard Deviation as of 07/31/2022 (updated monthly) . Annualized return as of 07/31/2022 (updated monthly) .
VIEW LARGER CHART
Internal Prompt

Yield

12-month
Distribution Rates
30-day SEC Yield
Fund at NAV 1.29% 1.61%
Fund at MOP N/A N/A
As of 7/31/2022 (updated monthly)

Valuation

Price/ Price/ Price/
Book Cash Flow Earnings
Fund -- -- --
Bloomberg Municipal Bond 1-7 Year Blend Index
-- -- --
Fund as of 6/30/22. Index as of --.

Portfolio Solutions Committee

Years of Experience with Fund
Years of Experience with Capital Group
Years of Experience with Investment Industry
Alan N. Berro 10 31 36
Michelle J. Black 2 20 27
Samir Mathur 2 9 29
Wesley K. Phoa 10 23 28
John R. Queen 2 20 32
William L. Robbins 2 27 30
Andrew B. Suzman 10 28
A boldface number indicates that years of experience with Capital Group is equal to years of experience with investment industry.

Ratings & Risk

Morningstar Rating TM


Overall Morningstar RatingTM
Funds rated(209)
3-yr. Morningstar RatingTM
(209 funds rated)
5-yr. Morningstar RatingTM
(180 funds rated)
10-yr. Morningstar RatingTM
(135 funds rated)
Overall Morningstar Risk Above Average
HIGH
LOW
Category Muni National Short
Ratings are based on risk-adjusted returns as of 7/31/2022 (updated monthly).

Risk Measures

Fund
Standard Deviation
2.40
Sharpe Ratio
0.44
For the 10 Years ending 7/31/22 (updated monthly).
American Funds
Benchmark
Morningstar
Benchmark
Bloomberg Municipal Bond 1-7 Year Blend Index
Bloomberg Municipal TR USD
R-squared 88 93
Beta 1.02 0.57
Capture Ratio (Downside/Upside) 104/109 55/60
American Funds Benchmark for the 10 Years ending 6/30/22 (updated quarterly).
Morningstar Benchmark for the 10 Years ending 7/31/22 (updated monthly).
AAA/Aaa
24.2%
AA/Aa
36.3%
A
16.2%
BBB/Baa
4.7%
Unrated
1.3%
Cash & equivalents
17.3%
% of net assets as of 6/30/2022 (updated quarterly)

Average Life Breakdown

0-4.9 Years
62.7%
5-9.9 Years
20.5%
10-19.9 Years
0.5%
20-29.9 Years
0.0%
30+ Years
--
% of net assets as of 3/31/2022 (updated quarterly)

Holdings

Bonds Breakdown

Bond Details

Total bond holdings
General obligation bonds 9.7%

% of net assets as of 6/30/2022 (updated quarterly)

Go to the underlying fund pages to see detailed holdings information.

Geographic Breakdown

Texas
10.8%
New York
7.7%
California
6.0%
Illinois
4.4%
Florida
4.1%
Pennsylvania
3.9%
Alabama
3.0%
Georgia
2.9%
Ohio
2.8%
Michigan
2.6%
% of net assets as of 6/30/2022

Prices & Distributions

Internal Prompt

Historical Prices Month-End

Historical Prices Year-End

Internal Prompt

Historical Distributions as of 08/12/22

2022
Record
Date
Calculated
Date
Pay Date
Income Dividend Regular
Income Dividend Special
Cap. Gains Long-Term
Cap. Gains Short-Term
Reinvest NAV
01/27/22 01/27/22 01/28/22 $0.0066 $0.00 $0.00 $0.00 $9.83
02/24/22 02/24/22 02/25/22 $0.0074 $0.00 $0.00 $0.00 $9.77
03/29/22 03/29/22 03/30/22 $0.0079 $0.00 $0.00 $0.00 $9.57
04/27/22 04/27/22 04/28/22 $0.0092 $0.00 $0.00 $0.00 $9.46
05/26/22 05/26/22 05/27/22 $0.0091 $0.00 $0.00 $0.00 $9.49
06/28/22 06/28/22 06/29/22 $0.0106 $0.00 $0.00 $0.00 $9.45
07/27/22 07/27/22 07/28/22 $0.0105 $0.00 $0.00 $0.00 $9.55
2022 Year-to-Date: Dividends Subtotal: $0.0613 Cap Gains Subtotal: $0.00
Total Distributions: $0.0613

Fees & Expenses

Internal Prompt

Fees

Annual Management Fees 0.00%
Other Expenses 0.02%
Acquired (Underlying) Fund Fees and Expenses 0.28%
Service 12b-1 --
As of each fund's most recent prospectus.
Internal Prompt

Expense Ratio

TYEFX 0.30%
Lipper Short-Intmdt Municipal Debt Funds Average
0.46%
Fund as of most recent prospectus. Lipper Category as of 6/30/22 (updated quarterly).

Resources

Prospectuses & Reports for TYEFX