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Name

As of 06/01/2026

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

AMERICAN FUNDS TAX-EXEMPT FUND OF NEW YORK

NYAEX | Fund

$10.06

$294 M

3.28%

$0.33

0.74%

Vitals

YTD Return

1.9%

1 yr return

7.3%

3 Yr Avg Return

3.4%

5 Yr Avg Return

0.3%

Net Assets

$294 M

Holdings in Top 10

9.2%

52 WEEK LOW AND HIGH

$10.1
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.74%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 24.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$1,000

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 06/01/2026

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

AMERICAN FUNDS TAX-EXEMPT FUND OF NEW YORK

NYAEX | Fund

$10.06

$294 M

3.28%

$0.33

0.74%

NYAEX - Profile

Distributions

  • YTD Total Return 1.9%
  • 3 Yr Annualized Total Return 3.4%
  • 5 Yr Annualized Total Return 0.3%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 2.16%
DIVIDENDS
  • Dividend Yield 3.3%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    AMERICAN FUNDS TAX-EXEMPT FUND OF NEW YORK
  • Fund Family Name
    Capital Group Fund Group
  • Inception Date
    Nov 01, 2010
  • Shares Outstanding
    N/A
  • Share Class
    F1
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Karl Zeile

Fund Description

p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0.5pt 0"b7. The following will be added as the fourth paragraph under the “Principal investment strategies” section of the summary and statutory prospectuses for American Funds Tax-Exempt Fund of New York:/b/pp style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0"b /b/p p style="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 0 5.05pt"The fund is nondiversified, which allows it to invest a greater percentage of its assets in any one issuer than would otherwise be the case./p
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NYAEX - Performance

Return Ranking - Trailing

Period NYAEX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.9% -0.8% 14.7% 16.85%
1 Yr 7.3% 1.9% 27.1% 24.48%
3 Yr 3.4%* 1.1% 23.8% 54.72%
5 Yr 0.3%* -3.5% 7.1% 67.28%
10 Yr 1.6%* 0.1% 250.2% 56.88%

* Annualized

Return Ranking - Calendar

Period NYAEX Return Category Return Low Category Return High Rank in Category (%)
2025 -0.7% -26.4% 12.1% 76.92%
2024 -0.9% -6.2% 34.9% 39.43%
2023 3.9% -1.4% 41.0% 15.30%
2022 -12.7% -39.7% 0.3% 62.38%
2021 -0.2% -5.6% 55.0% 37.35%

Total Return Ranking - Trailing

Period NYAEX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.9% -0.8% 14.7% 16.85%
1 Yr 7.3% 1.9% 27.1% 24.48%
3 Yr 3.4%* 1.1% 23.8% 54.72%
5 Yr 0.3%* -3.5% 7.1% 67.28%
10 Yr 1.6%* 0.1% 250.2% 56.88%

* Annualized

Total Return Ranking - Calendar

Period NYAEX Return Category Return Low Category Return High Rank in Category (%)
2025 2.7% -2.1% 17.0% 83.08%
2024 2.2% -1.8% 34.9% 46.02%
2023 7.0% 2.1% 41.0% 22.63%
2022 -10.4% -39.7% 1.1% 63.40%
2021 2.1% -4.8% 23761504.0% 42.03%

NAV & Total Return History

NYAEX - Holdings

Concentration Analysis

NYAEX Category Low Category High NYAEX % Rank
Net Assets 294 M 4.18 M 87.7 B 66.12%
Number of Holdings 251 4 15641 49.82%
Net Assets in Top 10 26.2 M -317 M 4.4 B 83.85%
Weighting of Top 10 9.18% 1.2% 130.7% 84.04%

Top 10 Holdings

  1. TRIBOROUGH BRIDGE TUNNEL AUTHORITY FRN 01-01-35 1.09%
  2. STATE OF NEW YORK SALES TAX REVENUE 5.0% 03-15-55 1.08%
  3. NEW YORK UNIVERSITY 4.0% 07-01-46 1.02%
  4. NEW YORK CITY TRANSITIONAL FINANCE AUTHORITY FUTURE TAX SECURED REVENUE 5.0% 05-01-47 1.01%
  5. TRIBOROUGH BRIDGE TUNNEL AUTHORITY 5.0% 11-15-54 0.99%
  6. STATE OF NEW YORK SALES TAX REVENUE 5.0% 03-15-39 0.83%
  7. TRIBOROUGH BRIDGE TUNNEL AUTHORITY FRN 01-01-32 0.80%
  8. PORT AUTHORITY OF NEW YORK NEW JERSEY 4.0% 02-15-43 0.79%
  9. LI PWR AUTH NY (LIPA) SF 5.0% 09-01-47 0.79%
  10. NEW YORK CITY WATER SEWER SYSTEM 4.125% 06-15-47 0.77%

Asset Allocation

Weighting Return Low Return High NYAEX % Rank
Bonds 		99.38% 0.00% 150.86% 26.95%
Cash 		0.62% -50.86% 43.00% 72.65%
Stocks 		0.00% 0.00% 100.20% 82.65%
Preferred Stocks 		0.00% 0.00% 0.07% 79.76%
Convertible Bonds 		0.00% 0.00% 0.93% 79.45%
Other 		0.00% -1.59% 51.23% 96.98%

Bond Sector Breakdown

Weighting Return Low Return High NYAEX % Rank
Municipal 		98.68% 44.39% 100.00% 46.50%
Cash & Equivalents 		0.00% 0.00% 43.00% 90.74%
Securitized 		0.00% 0.00% 5.93% 79.52%
Corporate 		0.00% 0.00% 9.41% 81.83%
Government 		0.00% 0.00% 52.02% 80.46%
Derivative 		0.00% -0.35% 48.45% 97.27%

Bond Geographic Breakdown

Weighting Return Low Return High NYAEX % Rank
US 		99.38% 0.00% 135.36% 23.19%
Non US 		0.00% 0.00% 23.89% 83.35%

NYAEX - Expenses

Operational Fees

NYAEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.74% 0.03% 3.74% 50.86%
Management Fee 0.25% 0.00% 1.20% 11.76%
12b-1 Fee 0.25% 0.00% 1.00% 59.89%
Administrative Fee 0.05% 0.01% 0.44% 17.71%

Sales Fees

NYAEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.50% 4.75% N/A
Deferred Load N/A 0.25% 5.00% N/A

Trading Fees

NYAEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 1.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

NYAEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 24.00% 0.00% 283.00% 71.52%

NYAEX - Distributions

Dividend Yield Analysis

NYAEX Category Low Category High NYAEX % Rank
Dividend Yield 3.28% 0.00% 14.51% 54.05%

Dividend Distribution Analysis

NYAEX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

NYAEX Category Low Category High NYAEX % Rank
Net Income Ratio 2.16% -0.53% 5.32% 40.55%

Capital Gain Distribution Analysis

NYAEX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

View More +

NYAEX - Fund Manager Analysis

Managers

Karl Zeile

Start Date

Tenure

Tenure Rank

Nov 01, 2010

11.59

11.6%

Zeile has been employed by Capital and its affiliates since 1999.

Jerome Solomon

Start Date

Tenure

Tenure Rank

Oct 01, 2012

9.67

9.7%

Jerome H. Solomon, Partner — Capital Fixed Income Investors, a division of an affiliate of the Capital Guardian Trust Company . Mr. Solomon has been employed by Capital Guardian Trust Company and its affiliates since 2008.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 35.05 7.27 1.58

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