Russell Inv Tax-Exempt High Yield Bd A (RTHAX)
| Fund Assets | 2.37B |
| Expense Ratio | 0.90% |
| Min. Investment | $0.00 |
| Turnover | 16.00% |
| Dividend (ttm) | 0.35 |
| Dividend Yield | 3.47% |
| Dividend Growth | 21.40% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Dec 2, 2025 |
| Previous Close | 10.06 |
| YTD Return | -1.92% |
| 1-Year Return | -1.54% |
| 5-Year Return | 0.22% |
| 52-Week Low | 9.38 |
| 52-Week High | 10.09 |
| Beta (5Y) | 0.37 |
| Holdings | 2993 |
| Inception Date | Jun 1, 2015 |
About RTHAX
Russell Investments Tax-Exempt High Yield Bond Fund Class A is an open-end municipal bond fund focused on delivering a high level of current income that is generally exempt from federal income tax, with total return as a secondary goal. The strategy invests at least 80% of assets in fixed-income securities whose interest is federally tax-exempt, concentrating on lower-rated or nonrated municipal issuers to access higher coupon income, while retaining flexibility to hold up to a minority allocation in taxable municipal debt, including bonds subject to the alternative minimum tax. The portfolio is broadly diversified across thousands of holdings and employs a multi-manager approach characteristic of Russell Investments to balance credit opportunities with risk controls. Positioned within the high yield municipal category, the fund targets projects and issuers across states and sectors such as essential services, healthcare, transportation, and education, aiming to capture the structural breadth of the U.S. muni market while emphasizing after-tax income efficiency for tax-sensitive investors. Regular monthly distributions reflect its income orientation and municipal credit focus.
Performance
RTHAX had a total return of -1.54% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.82%.
Top 10 Holdings
14.01% of assets| Name | Symbol | Weight |
|---|---|---|
| Russell Investments Trust Company Commingled Employee Benefit Funds Trust-U.S. Cash Management Fund - U.S. Cash Management Fund | n/a | 7.89% |
| Buckeye Tobacco Settlement Financing Authority - BUCKEYE OH TOBACCO SETTLEMENT FING AUTH | OH.BUCGEN 5 06.01.2055 | 1.14% |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue - PUERTO RICO SALES TAX FING COR PRCGEN 07/46 ZEROCPNOID 0 | PR.PRCGEN 0 07.01.2046 | 0.96% |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue - PUERTO RICO SALES TAX FING COR PRCGEN 07/58 FIXED OID 5 | PR.PRCGEN 5 07.01.2058 | 0.88% |
| Connecticut State Health & Educational Facilities Authority - CONNECTICUT ST HLTH & EDUCTNL FACS AUTH REVENUE | CT.CTSHGR 07.01.2042 | 0.63% |
| Public Finance Authority - PUBLIC FIN AUTH WI TOLL REVENUE | WI.PUBTRN 6.5 12.31.2065 | 0.58% |
| Health & Educational Facilities Authority of the State of Missouri - MISSOURI ST HLTH & EDUCTNL FACS AUTH | n/a | 0.51% |
| Puerto Rico Commonwealth Aqueduct & Sewer Authority - PUERTO RICO CMWLTH AQUEDUCT & SWR AUTH REVENUE | PR.PRCUTL 5 07.01.2047 | 0.50% |
| New York Liberty Development Corp - NEW YORK ST LIBERTY DEV CORP L NYCDEV 11/44 FIXED 5 | NY.NYCDEV 5 11.15.2044 | 0.49% |
| New York State Thruway Authority - NEW YORK ST THRUWAY AUTH PERSONAL INCOME TAX REVENUE | NY.NYSTRN 4 03.15.2039 | 0.43% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 2, 2025 | $0.0272 | Dec 3, 2025 |
| Nov 4, 2025 | $0.0323 | Nov 5, 2025 |
| Oct 2, 2025 | $0.0334 | Oct 3, 2025 |
| Sep 3, 2025 | $0.0345 | Sep 4, 2025 |
| Aug 4, 2025 | $0.0343 | Aug 5, 2025 |
| Jul 2, 2025 | $0.033 | Jul 3, 2025 |