American Funds Tax-Exempt Preservation Portfolio (TEPAX) Alternatives

American Funds Tax-Exempt Preservation Portfolio (TEPAX) belongs to the Municipal Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with TEPAX. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.

Cheapest Alternatives to TEPAX

TEPAX charges 0.34% annually. Among mutual funds in the Municipal Bonds category, these options have the lowest expense ratios among TEPAX alternatives.

Symbol	Name	Expense Ratio	Inception
LSMSX	Western Asset SMASh Series TF Fund	0.01%	Dec 22, 2015	TEPAX vs LSMSX
NMTRX	Nuveen Municipal Total Return Managed Accounts	0.05%	May 30, 2007	TEPAX vs NMTRX
FHMIX	Federated Hermes Conservative Municipal Microshort...	0.05%	Feb 2, 2021	TEPAX vs FHMIX
FSMUX	Strategic Advisers Municipal Bond Fund	0.06%	Jun 24, 2021	TEPAX vs FSMUX
FMBIX	Fidelity Municipal Bond Index Fund	0.07%	Jul 11, 2019	TEPAX vs FMBIX

Best Risk-Adjusted Alternatives to TEPAX

Among mutual funds in the Municipal Bonds category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.

Symbol	Name	Risk / Return Rank	Inception
ATOIX	abrdn Ultra Short Municipal Income Fund	100	Dec 4, 2002	TEPAX vs ATOIX
TFCYX	SEI Institutional Managed Trust Tax-Free Conservat...	99	Apr 21, 2016	TEPAX vs TFCYX
APUSX	Cavanal Hill Ultra Short Tax-Free Income Fund	99	Dec 25, 2017	TEPAX vs APUSX
FHMIX	Federated Hermes Conservative Municipal Microshort...	99	Feb 2, 2021	TEPAX vs FHMIX
USMTX	JPMorgan Ultra-Short Municipal Fund	99	May 30, 2016	TEPAX vs USMTX

Top Performing TEPAX Alternatives (YTD)

TEPAX alternatives from the Municipal Bonds category, sorted by year-to-date return.

Symbol	Name	YTD Return	Inception
NMI	Nuveen Municipal Income Fund, Inc.	5.52%	Apr 20, 1998	TEPAX vs NMI
NPV	Nuveen Virginia Quality Municipal Income Fund	4.94%	Mar 18, 1993	TEPAX vs NPV
NRK	Nuveen New York AMT Free Quality Municipal Income	4.26%	Nov 21, 2002	TEPAX vs NRK
MIY	BlackRock MuniYield Michigan Quality Fund	3.67%	Oct 30, 1992	TEPAX vs MIY
NQP	Nuveen Pennsylvania Quality Municipal Income	2.14%	Feb 21, 1991	TEPAX vs NQP

Lowest Volatility Alternatives to TEPAX

TEPAX alternatives from the Municipal Bonds category, sorted by annualized volatility over the past year.

Symbol	Name	Volatility 1Y	Inception
DFSMX	DFA Short Term Municipal Bond Portfolio	0.68%	Aug 19, 2002	TEPAX vs DFSMX
USMSX	JPMorgan Ultra-Short Municipal Fund	0.69%	May 31, 2016	TEPAX vs USMSX
USMTX	JPMorgan Ultra-Short Municipal Fund	0.70%	May 30, 2016	TEPAX vs USMTX
DFABX	DFA Short-Term Selective State Municipal Bond Port...	0.71%	Apr 11, 2022	TEPAX vs DFABX
BATVX	BlackRock Allocation Target Shares	0.76%	May 20, 2021	TEPAX vs BATVX

Lowest Drawdown Alternatives to TEPAX

TEPAX alternatives from the Municipal Bonds category, sorted by maximum drawdown over the past year.

Symbol	Name	Max Drawdown 1Y	Inception
BATVX	BlackRock Allocation Target Shares	0.00%	May 20, 2021	TEPAX vs BATVX
ATOIX	abrdn Ultra Short Municipal Income Fund	-0.10%	Dec 4, 2002	TEPAX vs ATOIX
TFCYX	SEI Institutional Managed Trust Tax-Free Conservat...	-0.10%	Apr 21, 2016	TEPAX vs TFCYX
APUSX	Cavanal Hill Ultra Short Tax-Free Income Fund	-0.20%	Dec 25, 2017	TEPAX vs APUSX
FHMIX	Federated Hermes Conservative Municipal Microshort...	-0.20%	Feb 2, 2021	TEPAX vs FHMIX

Other Mutual Funds from American Funds

Most popular American Funds mutual funds on PortfoliosLab, across asset classes.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
ABALX	American Funds American Balanced Fund Class A	Diversified Portfolio	85	-1.12%	Jul 26, 1975	TEPAX vs ABALX
AIVSX	American Funds Investment Company of America Class...	Large Cap Blend Equities	63	-4.87%	Jan 1, 1934	TEPAX vs AIVSX
RGAGX	American Funds The Growth Fund of America Class R-...	Large Cap Growth Equities	45	-7.99%	Dec 1, 1973	TEPAX vs RGAGX
AWSHX	American Funds Washington Mutual Investors Fund Cl...	Large Cap Blend Equities	48	-3.17%	Jul 31, 1952	TEPAX vs AWSHX
RERGX	American Funds EuroPacific Growth Fund Class R-6	Foreign Large Cap Equities, Large Cap Growth Equities	71	-2.84%	—	TEPAX vs RERGX
ANCFX	American Funds Fundamental Investors Class A	Large Cap Blend Equities	79	-3.35%	Jan 8, 1978	TEPAX vs ANCFX
ANWPX	American Funds New Perspective Fund Class A	Large Cap Growth Equities, Global Equities	55	-5.30%	Mar 13, 1973	TEPAX vs ANWPX
GFFFX	American Funds The Growth Fund of America	Large Cap Growth Equities	44	-8.03%	Dec 1, 1973	TEPAX vs GFFFX
AMECX	American Funds The Income Fund of America Class A	Diversified Portfolio, Dividend, Actively Managed	84	2.83%	Dec 1, 1973	TEPAX vs AMECX
AMCPX	American Funds AMCAP Fund Class A	Large Cap Growth Equities	36	-8.56%	Jan 5, 1967	TEPAX vs AMCPX

Often Compared With TEPAX

What investors most often compare with TEPAX, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
ASTEX	American Funds Short-Term Tax Exempt Bond Fund	Municipal Bonds	90	0.12%	Aug 6, 2009	TEPAX vs ASTEX
SGOV	iShares 0-3 Month Treasury Bond ETF	Ultrashort Bond	100	0.88%	May 26, 2020	TEPAX vs SGOV
AHITX	American Funds American High-Income Trust	High Yield Bonds	81	-0.53%	Feb 19, 1988	TEPAX vs AHITX
MGK	Vanguard Mega Cap Growth ETF	Large Cap Growth Equities	46	-9.86%	Dec 17, 2007	TEPAX vs MGK
FSDIX	Fidelity Strategic Dividend & Income Fund	Diversified Portfolio	34	4.83%	Dec 23, 2003	TEPAX vs FSDIX
ASBAX	American Funds Short-Term Bond Fund of America	Short-Term Bond	91	-0.15%	Oct 2, 2006	TEPAX vs ASBAX
SWVXX	Schwab Value Advantage Money Fund	Money Market	—	0.57%	Aug 27, 1993	TEPAX vs SWVXX
SPY	State Street SPDR S&P 500 ETF	S&P 500	59	-3.65%	Jan 22, 1993	TEPAX vs SPY
TUGN	STF Tactical Growth & Income ETF	Diversified Portfolio	55	-5.39%	May 18, 2022	TEPAX vs TUGN
VWIUX	Vanguard Intermediate-Term Tax-Exempt Fund Admiral...	Municipal Bonds	68	-0.47%	Feb 12, 2001	TEPAX vs VWIUX
FXIEX	PIMCO Fixed Income SHares: Series TE	Municipal Bonds	18	-0.41%	Jun 24, 2012	TEPAX vs FXIEX
DCARX	DFA California Municipal Real Return Portfolio	Municipal Bonds	93	1.09%	Oct 31, 2017	TEPAX vs DCARX
DMREX	DFA Municipal Real Return Portfolio	Municipal Bonds	92	1.10%	Nov 3, 2014	TEPAX vs DMREX
BMN	Blackrock 2037 Municipal Target Term Trust	Municipal Bonds	28	1.11%	Oct 28, 2022	TEPAX vs BMN
FGNSX	Strategic Advisers Tax-Sensitive Short Duration Fu...	Municipal Bonds	37	-0.10%	Dec 27, 2017	TEPAX vs FGNSX
FMNDX	Fidelity Conservative Income Municipal Bond Fund I...	Municipal Bonds	99	0.30%	Oct 15, 2013	TEPAX vs FMNDX

Compare TEPAX with Any Fund or Stock

Compare TEPAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

Symbol name

American Funds Tax-Exempt Preservation Portfolio

Symbol name