American Funds Short-Term Tax-Exempt Bond Fund F2 (ASTFX)
10.06
-0.01
(-0.10%)
USD |
May 01 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.31% | 2.185B | -- | 56.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 177.85M | 4.25% |
Basic Info
| Investment Strategy | |
| The Fund seeks to provide current income exempt from regular federal income tax, consistent with its maturity and quality standards, and to preserve capital. Under normal market conditions, the Fund will invest at least 80% of its assets in securities that are exempt from regular federal income tax. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal Short Term |
| Peer Group | Short Municipal Debt Funds |
| Global Macro | -- |
| US Macro | National Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Short Municipal Debt Funds |
| Fund Owner Firm Name | Capital Group/American Funds |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
18
-163.19M
Peer Group Low
105.80M
Peer Group High
1 Year
% Rank:
24
177.85M
-452.89M
Peer Group Low
2.569B
Peer Group High
3 Months
% Rank:
25
-236.38M
Peer Group Low
641.38M
Peer Group High
3 Years
% Rank:
58
-2.025B
Peer Group Low
3.410B
Peer Group High
6 Months
% Rank:
27
-296.14M
Peer Group Low
947.01M
Peer Group High
5 Years
% Rank:
8
-7.012B
Peer Group Low
4.135B
Peer Group High
YTD
% Rank:
26
-240.69M
Peer Group Low
641.38M
Peer Group High
10 Years
% Rank:
10
-4.632B
Peer Group Low
5.923B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of May 04, 2026.
Asset Allocation
As of March 31, 2026.
| Type | % Net |
|---|---|
| Cash | 0.00% |
| Stock | 0.00% |
| Bond | 100.7% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | -0.73% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| PEFA INC IOWA GAS PROJ REV IA 5.000 09/01/2049 | 0.80% | 100.85 | -0.00% |
| PENNSYLVANIA ECONOMIC DEV FING AUTH SOLID WASTE DISP REV PA 4.600 10/01/2046 | 0.76% | 100.10 | -0.14% |
| OHIO ST HOSP REV OH 5.000 01/01/2029 | 0.75% | 106.02 | -0.02% |
| CALIFORNIA STATEWIDE CMNTYS DEV AUTH REV CA 5.000 10/01/2028 | 0.71% | 105.47 | 0.65% |
| HARRIS CNTY TEX CULTURAL ED FACS FIN CORP REV TX 5.000 12/01/2029 | 0.65% | 107.68 | -0.02% |
| TRIBOROUGH BRDG & TUNL AUTH N Y REVS NY 3.450 01/01/2035 | 0.64% | 100.00 | 0.00% |
| BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV AL 4.000 10/01/2052 | 0.59% | 100.59 | 0.00% |
| TRIBOROUGH BRDG & TUNL AUTH N Y PAYROLL MOBILITY TAX NY 5.000 02/01/2028 | 0.56% | 104.13 | 0.00% |
| ARIZONA ST INDL DEV AUTH MULTIFAMILY HSG REV AZ 5.000 11/01/2058 | 0.55% | 100.77 | -0.01% |
| MISSION TEX ECONOMIC DEV CORP SOLID WASTE DISP REV TX 4.250 06/01/2048 | 0.50% | 100.57 | 0.00% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.19% |
| Administration Fee | -- |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP | No |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 250.00 None |
| Minimum Subsequent Investment | 50.00 None |
Basic Info
| Investment Strategy | |
| The Fund seeks to provide current income exempt from regular federal income tax, consistent with its maturity and quality standards, and to preserve capital. Under normal market conditions, the Fund will invest at least 80% of its assets in securities that are exempt from regular federal income tax. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal Short Term |
| Peer Group | Short Municipal Debt Funds |
| Global Macro | -- |
| US Macro | National Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Short Municipal Debt Funds |
| Fund Owner Firm Name | Capital Group/American Funds |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (5-1-26) | 2.87% |
| 30-Day SEC Yield (3-31-26) | 2.64% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 1244 |
| Bond | |
| Yield to Maturity (3-31-26) | 2.92% |
| Effective Duration | 2.30 |
| Average Coupon | 4.31% |
| Calculated Average Quality | 2.043 |
| Effective Maturity | 10.81 |
| Nominal Maturity | 12.73 |
| Number of Bond Holdings | 1172 |
As of March 31, 2026
Fund Details
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:ASTFX", "name") |
| Broad Asset Class: =YCI("M:ASTFX", "broad_asset_class") |
| Broad Category: =YCI("M:ASTFX", "broad_category_group") |
| Prospectus Objective: =YCI("M:ASTFX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |