Russell Inv Tax-Exempt High Yield Bd C (RTHCX)
| Fund Assets | 2.18B |
| Expense Ratio | 1.65% |
| Min. Investment | $0.00 |
| Turnover | 16.00% |
| Dividend (ttm) | 0.33 |
| Dividend Yield | 3.42% |
| Dividend Growth | 2.62% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 3, 2025 |
| Previous Close | 9.63 |
| YTD Return | -0.27% |
| 1-Year Return | -1.66% |
| 5-Year Return | 3.26% |
| 52-Week Low | 9.24 |
| 52-Week High | 10.13 |
| Beta (5Y) | n/a |
| Holdings | 2957 |
| Inception Date | Jun 1, 2015 |
About RTHCX
Russell Investments Tax-Exempt High Yield Bond Fund Class C is an open‑end municipal bond mutual fund focused on generating federally tax‑exempt income from below‑investment‑grade and unrated municipal issuers. The fund normally invests at least 80% of net assets in fixed income securities whose interest is exempt from U.S. federal income tax, while retaining flexibility to hold a limited sleeve of taxable or alternative minimum tax–exposed municipal debt when warranted by market conditions. It is positioned in the high yield muni category and distributes income monthly, reflecting its emphasis on coupon-driven total return within the municipal market. The strategy is multi‑manager, combining specialist approaches—such as relative‑value, sector and state allocation, and active security selection—under Russell Investment Management’s oversight to balance credit opportunities with liquidity management. With a broad portfolio spanning thousands of holdings, the fund aims to diversify issuer and sector risk across the U.S. municipal landscape while pursuing enhanced after‑tax income for tax‑sensitive investors. Expense arrangements include contractual fee waivers that reduce net operating expenses through stated periods per the prospectus disclosures.
Performance
RTHCX had a total return of -1.66% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.27%.
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 | $0.0283 | Sep 4, 2025 |
| Aug 4, 2025 | $0.028 | Aug 5, 2025 |
| Jul 2, 2025 | $0.0271 | Jul 3, 2025 |
| Jun 3, 2025 | $0.0299 | Jun 4, 2025 |
| May 2, 2025 | $0.0285 | May 5, 2025 |
| Apr 2, 2025 | $0.0292 | Apr 3, 2025 |