TEPAX Alternatives & Similar Mutual Funds

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 a closer substitute for your current allocation.

Cheapest Alternatives to TEPAX

TEPAX charges 0.34% annually. There are 65 mutual funds in the Municipal Bonds category with lower expense ratios, going as low as 0.01%.

Symbol	Name	Expense Ratio	AUM	Inception
LSMSX	Western Asset SMASh Series TF Fund	0.01%	—	Dec 2015	TEPAX vs LSMSX
VTMFX	Vanguard Tax-Managed Balanced Fund Admiral Shares	0.05%	12.30B	Sep 1994	TEPAX vs VTMFX
FHMIX	Federated Hermes Conservative Municipal Microshort...	0.05%	—	Feb 2021	TEPAX vs FHMIX
NMTRX	Nuveen Municipal Total Return Managed Accounts	0.05%	—	May 2007	TEPAX vs NMTRX
FSMUX	Strategic Advisers Municipal Bond Fund	0.06%	—	Jun 2021	TEPAX vs FSMUX

Best Risk-Adjusted Alternatives to TEPAX

TEPAX has a PortfoliosLab risk / return rank of 67. There are 395 mutual funds in the Municipal Bonds category with higher risk-adjusted ranks, going as high as 100.

Symbol	Name	Risk / Return Rank	AUM	Inception
DFABX	DFA Short-Term Selective State Municipal Bond Port...	100	—	Apr 2022	TEPAX vs DFABX
DFSMX	DFA Short Term Municipal Bond Portfolio	100	—	Aug 2002	TEPAX vs DFSMX
ATOIX	abrdn Ultra Short Municipal Income Fund	100	—	Dec 2002	TEPAX vs ATOIX
FHMIX	Federated Hermes Conservative Municipal Microshort...	99	—	Feb 2021	TEPAX vs FHMIX
TFCYX	SEI Institutional Managed Trust Tax-Free Conservat...	99	—	Apr 2016	TEPAX vs TFCYX

Top Performing TEPAX Alternatives (YTD)

TEPAX is at 0.92% YTD. There are 411 mutual funds in the Municipal Bonds category with higher YTD returns, going as high as 10.89%.

Symbol	Name	YTD Return	AUM	Inception
NRK	Nuveen New York AMT Free Quality Municipal Income	10.89%	—	Nov 2002	TEPAX vs NRK
NMI	Nuveen Municipal Income Fund, Inc.	10.46%	—	Apr 1998	TEPAX vs NMI
MIY	BlackRock MuniYield Michigan Quality Fund	9.15%	—	Oct 1992	TEPAX vs MIY
AFB	AllianceBernstein National Municipal Income Fund	7.14%	—	Nov 2001	TEPAX vs AFB
MUC	BlackRock MuniHoldings California Quality Fund	7.14%	—	Feb 1998	TEPAX vs MUC

Lowest Volatility Alternatives to TEPAX

TEPAX has 1.43% 1-year volatility. There are 50 mutual funds in the Municipal Bonds category with lower 1-year volatility, going as low as 0.55%.

Symbol	Name	Volatility 1Y	AUM	Inception
DFSMX	DFA Short Term Municipal Bond Portfolio	0.55%	—	Aug 2002	TEPAX vs DFSMX
DFABX	DFA Short-Term Selective State Municipal Bond Port...	0.55%	—	Apr 2022	TEPAX vs DFABX
DFCMX	DFA California Short Term Municipal Bond Portfolio	0.57%	—	Apr 2007	TEPAX vs DFCMX
USMSX	JPMorgan Ultra-Short Municipal Fund	0.58%	—	May 2016	TEPAX vs USMSX
USMTX	JPMorgan Ultra-Short Municipal Fund	0.59%	—	May 2016	TEPAX vs USMTX

Lowest Drawdown Alternatives to TEPAX

TEPAX has a 1-year max drawdown of -1.82%. There are 66 mutual funds in the Municipal Bonds category with shallower 1-year drawdowns, going as shallow as 0.00%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
BATVX	BlackRock Allocation Target Shares	0.00%	—	May 2021	TEPAX vs BATVX
ATOIX	abrdn Ultra Short Municipal Income Fund	-0.10%	—	Dec 2002	TEPAX vs ATOIX
TFCYX	SEI Institutional Managed Trust Tax-Free Conservat...	-0.10%	—	Apr 2016	TEPAX vs TFCYX
FHMIX	Federated Hermes Conservative Municipal Microshort...	-0.10%	—	Feb 2021	TEPAX vs FHMIX
DFSMX	DFA Short Term Municipal Bond Portfolio	-0.11%	—	Aug 2002	TEPAX vs DFSMX

Other Mutual Funds from American Funds

The 10 most viewed American Funds mutual funds shown here include ABALX, AIVSX, AWSHX and span 7 categories.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
ABALX	American Funds American Balanced Fund Class A	Diversified Portfolio	78	8.72%	—	Jul 1975	TEPAX vs ABALX
AIVSX	American Funds Investment Company of America Class...	Large Cap Blend Equities	37	9.46%	—	Jan 1934	TEPAX vs AIVSX
AWSHX	American Funds Washington Mutual Investors Fund Cl...	Large Cap Blend Equities	38	7.38%	—	Jul 1952	TEPAX vs AWSHX
RGAGX	American Funds The Growth Fund of America Class R-...	Large Cap Growth Equities	22	8.07%	—	Dec 1973	TEPAX vs RGAGX
RERGX	American Funds EUPAC Fund Class R-6	Foreign Large Cap Equities, Large Cap Growth Equities, Actively Managed	38	9.74%	—	May 2009	TEPAX vs RERGX
ANCFX	American Funds Fundamental Investors Class A	Large Cap Blend Equities, Actively Managed	59	13.28%	—	Aug 1978	TEPAX vs ANCFX
ANWPX	American Funds New Perspective Fund Class A	Global Equities, Large Cap Growth Equities, Actively Managed	23	5.92%	—	Mar 1973	TEPAX vs ANWPX
GFFFX	American Funds The Growth Fund of America Class F-...	Large Cap Growth Equities	22	8.00%	—	Dec 1973	TEPAX vs GFFFX
AMECX	American Funds The Income Fund of America Class A	Diversified Portfolio, Dividend	58	6.57%	—	Dec 1973	TEPAX vs AMECX
AMCPX	American Funds AMCAP Fund Class A	Large Cap Growth Equities	19	5.91%	—	Jan 1967	TEPAX vs AMCPX

Often Compared With TEPAX

Investors most often compare TEPAX with ASTEX, SGOV, AHITX. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
ASTEX	American Funds Short-Term Tax Exempt Bond Fund	Municipal Bonds	80	1.12%	—	Aug 2009	TEPAX vs ASTEX
SGOV	iShares 0-3 Month Treasury Bond ETF	Ultrashort Bond	100	1.94%	97.69B	May 2020	TEPAX vs SGOV
AHITX	American Funds American High-Income Trust	High Yield Bonds	77	1.93%	—	Feb 1988	TEPAX vs AHITX
FSDIX	Fidelity Strategic Dividend & Income Fund	Diversified Portfolio	41	13.29%	—	Dec 2003	TEPAX vs FSDIX
MGK	Vanguard Mega Cap Growth ETF	Large Cap Growth Equities	36	8.57%	35.00B	Dec 2007	TEPAX vs MGK
ASBAX	American Funds Short-Term Bond Fund of America	Short-Term Bond	59	0.34%	—	Oct 2006	TEPAX vs ASBAX
SWVXX	Schwab Prime Advantage Money Fund Investor Shares	Money Market	—	1.74%	247.96B	Apr 1992	TEPAX vs SWVXX
TUGN	STF Tactical Growth & Income ETF	Diversified Portfolio	53	16.88%	76.94M	May 2022	TEPAX vs TUGN
SPY	State Street SPDR S&P 500 ETF	S&P 500	70	11.28%	783.21B	Jan 1993	TEPAX vs SPY
VWIUX	Vanguard Intermediate-Term Tax-Exempt Fund Admiral...	Municipal Bonds	72	1.25%	88.60B	Feb 2001	TEPAX vs VWIUX
APUSX	Cavanal Hill Ultra Short Tax-Free Income Fund	Municipal Bonds	20	1.00%	—	Dec 2017	TEPAX vs APUSX
DCARX	DFA California Municipal Real Return Portfolio	Municipal Bonds	91	1.85%	—	Oct 2017	TEPAX vs DCARX
FXIEX	PIMCO Fixed Income SHares: Series TE	Municipal Bonds	90	2.11%	—	Jun 2012	TEPAX vs FXIEX
NPV	Nuveen Virginia Quality Municipal Income Fund	Municipal Bonds	28	6.53%	—	Mar 1993	TEPAX vs NPV
FMNDX	Fidelity Conservative Income Municipal Bond Fund I...	Municipal Bonds	99	1.24%	—	Oct 2013	TEPAX vs FMNDX
DMREX	DFA Municipal Real Return Portfolio	Municipal Bonds	93	2.06%	—	Nov 2014	TEPAX vs DMREX
BMN	Blackrock 2037 Municipal Target Term Trust	Municipal Bonds	12	0.12%	—	Oct 2022	TEPAX vs BMN
FGNSX	Strategic Advisers Tax-Sensitive Short Duration Fu...	Municipal Bonds	97	1.02%	—	Dec 2017	TEPAX vs FGNSX
DNYMX	DFA NY Municipal Bond Portfolio	Municipal Bonds	99	1.29%	—	Jun 2015	TEPAX vs DNYMX
MQY	BlackRock MuniYield Quality Fund	Municipal Bonds	35	6.25%	—	Jul 1992	TEPAX vs MQY

Compare TEPAX with Any Fund or Stock

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

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Diversifiers

Pair TEPAX with funds that move differently

American Funds Tax-Exempt Preservation Portfolio alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to TEPAX.

Explore TEPAX Diversifiers

American Funds Tax-Exempt Preservation Portfolio (TEPAX) Alternatives