AFTEX — Tax Exempt Bond Fund of America, Class A
Data updated: 2026-10-14
AFTEX — Tax Exempt Bond Fund of America, Class A. 0.56% expense ratio · 3.75% max sales load · since 1979. Holdings, fees, performance and SEC filings.
AFTEX Fund Overview
AFTEX — Tax Exempt Bond Fund of America, Class A is a US mutual fund managed by Capital Research and Management Company, categorised as Intermediate Municipal Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Adviser: Capital Research and Management Company
- Trust: Tax Exempt Bond Fund of America
- Category: Intermediate Municipal Bond
- Minimum investment: $250
- Additional investment: $50
- Inception date: October 3, 1979
- Assets under management: $24,450,779,866
- 1-year return: 5.3%
- Ticker: AFTEX
- SEC CIK: 0000050142
- SEC series ID: S000009238
- Share class ID: C000025165
- FIGI: BBG000BBYY00
- LEI: KUMT4RHJ2RMNFU2S0242
About AFTEX
TAX EXEMPT BOND FUND OF AMERICA (AFTEX) seeks a high level of current income exempt from federal income tax, consistent with preservation of capital. Under normal circumstances, it invests at least 80% of its assets in securities exempt from regular federal income tax and avoids securities subject to federal alternative minimum tax. At least 65% of its debt investments are rated A- or better, and it may also hold lower-rated and unrated bonds, including junk bonds. Its Class A shares, launched October 3, 1979, cost 0.56% a year and returned 5.3% in the 12 months to July 31, 2026, based on monthly returns reported to the SEC on Form N-PORT, with 4.2% volatility. They carry a maximum 3.75% front-end sales charge.
AFTEX Holdings
Top 10 holdings of Tax Exempt Bond Fund of America by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Puerto Rico Commonwealth of (government) | 0.66% |
| Black Belt Energy Gas Dist | 0.38% |
| Puerto Rico Commonwealth of (government) | 0.37% |
| Black Belt Energy Gas Dist | 0.32% |
| Missouri St Health & Edl Facs Auth | 0.32% |
| Black Belt Energy Gas Dist | 0.31% |
| California Community Choice Financing Authority | 0.30% |
| New York N Y | 0.30% |
| City of Detroit Mi Sewage Disposal System Revenue | 0.29% |
| Black Belt Energy Gas Dist | 0.28% |
AFTEX Portfolio Allocation
Asset-class allocation of Tax Exempt Bond Fund of America by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 100.0% |
AFTEX Performance
Total returns for AFTEX through July 2026, from SEC filings.
| Period | Total return |
|---|---|
| YTD | 0.55% |
| 1 year | 5.30% |
| 3 years (annualised) | 3.40% |
| 5 years (annualised) | 0.59% |
AFTEX Risk Information
Risk metrics for AFTEX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 4.22%
AFTEX Costs and Fees
AFTEX costs about $56 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.56%
- Gross expense ratio: 0.56%
- Portfolio turnover: 24%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
AFTEX Cashflows
Over the 12 months to 2026-07, Tax Exempt Bond Fund of America had net inflows of $1,158,442,090, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-07 | $28,380,655 |
| 2026-06 | $86,032,645 |
| 2026-05 | $120,111,588 |
| 2026-04 | $55,441,571 |
| 2026-03 | $34,643,643 |
| 2026-02 | $181,916,855 |
AFTEX Debt Constituents
Largest debt holdings of Tax Exempt Bond Fund of America by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Puerto Rico Commonwealth of (government) | 0.66% |
| Black Belt Energy Gas Dist | 0.38% |
| Puerto Rico Commonwealth of (government) | 0.37% |
| Black Belt Energy Gas Dist | 0.32% |
| Missouri St Health & Edl Facs Auth | 0.32% |
| Black Belt Energy Gas Dist | 0.31% |
| California Community Choice Financing Authority | 0.30% |
| New York N Y | 0.30% |
| City of Detroit Mi Sewage Disposal System Revenue | 0.29% |
| Black Belt Energy Gas Dist | 0.28% |
AFTEX Prospectus and SEC Filings
Official Tax Exempt Bond Fund of America filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-09-30
- Prospectus (485BPOS) — filed 2025-09-30
- Prospectus (497) — filed 2026-02-27
- Portfolio holdings (N-PORT) — filed 2026-09-28
- Portfolio holdings (N-PORT) — filed 2026-06-26
- Portfolio holdings (N-PORT) — filed 2026-03-30
- Annual census (N-CEN) — filed 2026-10-14
- Annual census (N-CEN) — filed 2025-10-14
AFTEX Service Providers
Firms that manage, distribute, hold, administer and audit Tax Exempt Bond Fund of America, as reported on SEC Form N-CEN, fiscal year ending July 31, 2025.
- Adviser: Capital Research and Management Company
- Distributor: Capital Client Group, Inc.
- Custodian: JPMorgan Chase Bank, N.A.
- Transfer agent: American Funds Service Company
- Administrator: Capital Research and Management Company
- Auditor: PricewaterhouseCoopers LLP
Related Funds
Other Intermediate Municipal Bond funds tracked on ABC INVEST:
AFTEX: Frequently Asked Questions
What is the expense ratio of Tax Exempt Bond Fund of America (AFTEX)?
AFTEX has a net expense ratio of 0.56%, about $56 a year for every $10,000 invested. AFTEX fees and costs
Does AFTEX charge a sales load?
Yes. AFTEX carries a front-end sales load of up to 3.75% on purchases.
What is the minimum investment for AFTEX?
The minimum initial investment in AFTEX is $250, and additional purchases must be at least $50. Source: the fund's summary prospectus (September 2026).
What are AFTEX's top holdings?
As of July 31, 2026, AFTEX held 5,424 positions. The largest are Puerto Rico Commonwealth of (government) (0.66%), Black Belt Energy Gas Dist (0.38%), Puerto Rico Commonwealth of (government) (0.37%), Black Belt Energy Gas Dist (0.32%) and Missouri St Health & Edl Facs Auth (0.32%). All AFTEX holdings
Can I download the full list of AFTEX holdings?
Yes. The complete AFTEX holdings list as of July 31, 2026 can be downloaded as a CSV file from the Holdings page: holding, ticker, FIGI, sector, country, asset type, shares, value and share of net assets, from the fund's SEC N-PORT filing. Download AFTEX holdings (CSV)
How has Tax Exempt Bond Fund of America performed?
AFTEX returned +5.3% over the 12 months to July 2026, +3.4% a year over 3 years and +0.6% a year over 5 years. AFTEX performance and risk
How large is AFTEX?
AFTEX manages $24,450,779,866 (SEC N-PORT, July 2026). Investors added a net $1,158,442,090 over the past 12 months.
Who manages AFTEX and when did it launch?
AFTEX is managed by Capital Research and Management Company. It is a series of Tax Exempt Bond Fund of America. It launched on October 3, 1979.
How does AFTEX compare with similar Intermediate Municipal Bond funds?
Among 209 Intermediate Municipal Bond funds with $100,000,000+ in assets, AFTEX ranks #174 of 209 on net expense ratio (0.56%) and #4 of 209 by assets. The largest is Vanguard Intermediate-Term Tax-Exempt Fund (VWIUX). Compare AFTEX with VWIUX
Where can I find AFTEX's prospectus and SEC filings?
AFTEX's latest prospectus (485BPOS) was filed September 30, 2026 and its latest N-PORT holdings report was filed September 28, 2026. All 72 filings are linked on ABC INVEST and on SEC EDGAR (series S000009238). AFTEX SEC filings
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, and annual data from Form N-CEN.
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.