Three subspecies of the Toltec fruit-eating bat are recognized: A. t. toltecus, the nominate; A. t. hesperus; and A. t. ravus.

The darker individuals are typically found in the more humid regions while the lighter ones are in relatively dry habitats.

A. t. ravus differs from the other subspecies in having white ear edges and clearer stripes below the eye.

[2] The nominate subspecies occurs along the eastern and western Mexican coast from Nuevo León and Sinaloa south through Central America including Belize, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, and Panama.

[2] The species is frugivorous and feeds mostly on fruits of Constegia volcanalis,[4] of Cecropia,[1] and figs.