Russell Inv Tax-Exempt High Yield Bd C (RTHCX)
| Fund Assets | 2.37B |
| Expense Ratio | 1.65% |
| Min. Investment | $0.00 |
| Turnover | 16.00% |
| Dividend (ttm) | 0.29 |
| Dividend Yield | 2.96% |
| Dividend Growth | 23.27% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Dec 2, 2025 |
| Previous Close | 9.65 |
| YTD Return | 1.44% |
| 1-Year Return | 1.75% |
| 5-Year Return | 1.06% |
| 52-Week Low | 9.03 |
| 52-Week High | 9.70 |
| Beta (5Y) | n/a |
| Holdings | 2993 |
| 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 1.75% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.55%.
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 | $0.0223 | Dec 3, 2025 |
| Nov 4, 2025 | $0.0265 | Nov 5, 2025 |
| Oct 2, 2025 | $0.0276 | Oct 3, 2025 |
| Sep 3, 2025 | $0.0283 | Sep 4, 2025 |
| Aug 4, 2025 | $0.028 | Aug 5, 2025 |
| Jul 2, 2025 | $0.0271 | Jul 3, 2025 |