Tax Exempt Bond Fund Of America
Data updated: 2026-09-30
C000114839 — Tax Exempt Bond Fund Of America. Long Municipal - National Bond · $24.45B AUM · 0.28% expense ratio. Holdings, fees, performance and SEC filings.
C000114839 Fund Overview
Tax Exempt Bond Fund Of America is a US mutual fund managed by Tax Exempt Bond Fund Of America, categorised as Long Municipal - National Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Tax Exempt Bond Fund Of America
- Category: Long Municipal - National Bond
- Assets under management: $24.45B
- 1-year return: 5.6%
- SEC CIK: 0000050142
- SEC series ID: S000009238
- Share class ID: C000114839
C000114839 Investment Objective and Strategy
Tax Exempt Bond Fund Of America describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Tax Exempt Bond Fund Of America.
Investment objective
The funds investment objective is to provide you with a high level of current income exempt from federal income tax, consistent with the preservation of capital.
Principal investment strategy
Under normal circumstances, the fund will invest at least 80% of its assets in, or derive at least 80% of its income from, securities that are exempt from regular federal income tax. The fund will not invest in securities that subject you to federal alternative minimum tax. The fund invests at least 65% in debt securities rated A- or better or A3 or better by Nationally Recognized Statistical Rating Organizations designated by the funds investment adviser, or unrated but determined by the funds investment adviser to be of equivalent quality. The fund may also invest in debt securities rated BBB+ or below and Baa1 or below (including those rated BB+ or below and Ba1 or below) by Nationally Recognized Statistical Rating Organizations designated by the funds investment adviser, or unrated but determined by the funds investment adviser to be of equivalent quality.
Securities rated BB+ or below and Ba1 or below are sometimes referred to as junk bonds. Some of the securities in which the fund invests may have credit and liquidity support features, including guarantees and letters of credit. The investment adviser uses a system of multiple portfolio managers in managing the funds assets. Under this approach, the portfolio of the fund is divided into segments managed by individual managers who decide how their respective segments will be invested. The fund relies on the professional judgment of its investment adviser to make decisions about the funds portfolio investments. The basic investment philosophy of the investment adviser is to seek to invest in attractively priced securities that, in its opinion, represent good, long-term investment opportunities.
The investment adviser believes that an important way to accomplish this is by analyzing various factors, which may include the credit strength of the issuer, prices of similar securities issued by comparable issuers, anticipated changes in interest rates, general market conditions and other factors pertinent to the particular security being evaluated. Securities may be sold when the investment adviser believes that they no longer represent relatively attractive investment opportunities.
C000114839 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% |
C000114839 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% |
C000114839 Performance
Total returns for C000114839 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 0.7% |
| 1 year | 5.6% |
| 3 years (annualised) | 3.7% |
| 5 years (annualised) | 0.9% |
C000114839 Risk Information
Risk metrics for C000114839, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 4.2%
C000114839 Costs and Fees
C000114839 costs about $28 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.28%
- Gross expense ratio: 0.28%
- Portfolio turnover: 24%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
C000114839 Cashflows
Over the 12 months to 2026-07, Tax Exempt Bond Fund Of America had net inflows of $1.16B, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-07 | $28.38M |
| 2026-06 | $86.03M |
| 2026-05 | $120.11M |
| 2026-04 | $55.44M |
| 2026-03 | $34.64M |
| 2026-02 | $181.92M |
C000114839 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% |
C000114839 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 supplement (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 2025-10-14
- Annual census (N-CEN) — filed 2024-10-15
Related Funds
Other Long Municipal - National Bond funds tracked on ABC INVEST:
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, annual data from Form N-CEN, and shareholder reports from Form N-CSR.