American Funds Tax-Exempt Preservation Portfolio Class F-1 (TEPFX)
American Funds Tax-Exempt Preservation Portfolio Class F-1 operates in the Asset Management industry of the Financial Services sector, headquartered in Los Angeles, CA, US. The stock last traded at $9.73, up 0.10% on the session, giving a market capitalisation of $395.8M. Its beta of 0.47 implies it has historically moved less than the broad market.
This fund, the American Funds Tax-Exempt Preservation Portfolio Class F-1, has a primary objective: to generate income that is exempt from regular federal taxes, without compromising the safety of your original investment. It achieves this by strategically allocating its capital among a variety of bond-focused funds also managed by American Funds. These underlying portfolios principally aim to produce income by investing in diverse debt instruments. Such holdings can include securities guaranteed or issued by the U.S. government, debt from federal agencies and related entities, and various mortgage-backed or other asset-backed securities.
American Funds Tax-Exempt Preservation Portfolio Class F-1 is most often compared with the following Financial Services names: