Russell Inv Tax-Exempt High Yield Bd A (RTHAX)
| Fund Assets | 2.18B |
| Expense Ratio | 0.90% |
| Min. Investment | $0.00 |
| Turnover | 16.00% |
| Dividend (ttm) | 0.40 |
| Dividend Yield | 4.01% |
| Dividend Growth | 2.81% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 3, 2025 |
| Previous Close | 9.67 |
| YTD Return | 0.09% |
| 1-Year Return | -1.06% |
| 5-Year Return | 7.16% |
| 52-Week Low | 9.27 |
| 52-Week High | 10.16 |
| Beta (5Y) | 0.34 |
| Holdings | 2957 |
| 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 -1.06% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.03%.
Top 10 Holdings
10.51% of assets| Name | Symbol | Weight |
|---|---|---|
| U.S. Cash Management Fund | n/a | 3.68% |
| BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5% | OH.BUCGEN 5 06.01.2055 | 1.56% |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV | PR.PRCGEN 0 07.01.2046 | 0.96% |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV 5% | PR.PRCGEN 5 07.01.2058 | 0.93% |
| LOS ANGELES CALIF DEPT WTR & PWR WTRWKS REV 4% | CA.LOSUTL 07.01.2051 | 0.77% |
| NEW YORK LIBERTY DEV CORP LIBERTY REV 5% | NY.NYCDEV 5 11.15.2044 | 0.58% |
| NEW YORK TRANSN DEV CORP SPL FAC REV 5.5% | NY.NYTTRN 5.5 06.30.2054 | 0.57% |
| PUERTO RICO COMWLTH AQUEDUCT & SWR AUTH REV 5% | PR.PRCUTL 5 07.01.2047 | 0.52% |
| FLORIDA DEV FIN CORP REV 12% | FL.FLSDEV 07.15.2032 | 0.49% |
| NEW YORK ST TWY AUTH ST PERS INCOME TAX REV 4% | NY.NYSTRN 4 03.15.2039 | 0.45% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 3, 2025 | $0.0345 | Sep 4, 2025 |
| Aug 4, 2025 | $0.0343 | Aug 5, 2025 |
| Jul 2, 2025 | $0.033 | Jul 3, 2025 |
| Jun 3, 2025 | $0.0365 | Jun 4, 2025 |
| May 2, 2025 | $0.0347 | May 5, 2025 |
| Apr 2, 2025 | $0.0351 | Apr 3, 2025 |