Russell Investments Tax-Exempt Bond Fund Class C (RTECX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
21.82
+0.02 (0.09%)
Feb 3, 2025, 4:00 PM EST
-0.68% (1Y)
| Fund Assets | 2.42B |
| Expense Ratio | 1.52% |
| Min. Investment | $0.00 |
| Turnover | n/a |
| Dividend (ttm) | 0.55 |
| Dividend Yield | 2.53% |
| Dividend Growth | 11.78% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Feb 4, 2025 |
| Previous Close | 21.80 |
| YTD Return | 0.63% |
| 1-Year Return | 1.85% |
| 5-Year Return | 0.30% |
| 52-Week Low | n/a |
| 52-Week High | n/a |
| Beta (5Y) | n/a |
| Holdings | 3336 |
| Inception Date | Mar 29, 1999 |
About RTECX
The Russell Investments Tax-Exempt Bond Fund Class C (RTECX) seeks to provide federal tax-exempt current income consistent with the preservation of capital. RTECX will invest in investment-grade municipal debt obligations providing tax-exempt interest income. The duration will range within 10% of the duration of the Barclays Capital 1-10 Year Municipal Bond Index.
Category Muni National Interm
Performance Rating Below Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol RTECX
Share Class Class C
Index Bloomberg 1-15 Y Municipal Blend TR
Performance
RTECX had a total return of 1.85% in the past year. Since the fund's inception, the average annual return has been 2.26%, including dividends.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| VWITX | Vanguard | Vanguard Intermediate-Term Tax-Exempt Fund Investor Shares | 0.17% |
Top 10 Holdings
6.13% of assets| Name | Symbol | Weight |
|---|---|---|
| Us Dollar | n/a | 1.72% |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.329% | PR PRCGEN 4.33 07.01.2040 | 0.82% |
| MAIN STR NAT GAS INC GA GAS SUPPLY REV 4.775% | GA MAIUTL 12.01.2053 | 0.63% |
| MAIN STR NAT GAS INC GA GAS SUPPLY REV 5% | GA MAIUTL 12.01.2054 | 0.53% |
| TEXAS MUN GAS ACQUISITION & SUPPLY CORP II GAS SUPPLY REV 0.768% | TX TXSUTL 09.15.2027 | 0.47% |
| BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 5% | AL BBEUTL 05.01.2055 | 0.42% |
| BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 3.51% | AL BBEUTL 04.01.2053 | 0.42% |
| INDIANA FIN AUTH HOSP REV 5% | IN INSFIN 5 12.01.2040 | 0.40% |
| KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 5% | KY KYSPWR 01.01.2055 | 0.38% |
| NEW YORK N Y 5.25% | NY NYC 5.25 09.01.2040 | 0.36% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 4, 2025 | $0.0171 | Feb 5, 2025 |
| Dec 18, 2024 | $0.100 | Dec 19, 2024 |
| Dec 3, 2024 | $0.0373 | Dec 4, 2024 |
| Nov 4, 2024 | $0.0532 | Nov 5, 2024 |
| Oct 2, 2024 | $0.0391 | Oct 3, 2024 |
| Sep 4, 2024 | $0.0422 | Sep 5, 2024 |