Russell Inv Tax-Exempt High Yield Bd S (RTHSX)
| Fund Assets | 2.37B |
| Expense Ratio | 0.62% |
| Min. Investment | $0.00 |
| Turnover | 16.00% |
| Dividend (ttm) | 0.38 |
| Dividend Yield | 3.94% |
| Dividend Growth | -9.88% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Dec 17, 2025 |
| Previous Close | 9.68 |
| YTD Return | 2.45% |
| 1-Year Return | 2.87% |
| 5-Year Return | 6.47% |
| 52-Week Low | 8.99 |
| 52-Week High | 9.71 |
| Beta (5Y) | n/a |
| Holdings | 2993 |
| Inception Date | Jun 1, 2015 |
About RTHSX
Russell Investments Tax-Exempt High Yield Bond Fund Class S is an open-end municipal bond fund designed to deliver a high level of federally tax-exempt income, with total return as a secondary objective. The portfolio primarily invests in lower-rated and non-rated municipal securities, seeking incremental income from credit risk across states and sectors such as healthcare, housing, transportation, and essential services. The strategy employs a multi-manager approach overseen by Russell Investment Management, allocating assets to specialist subadvisors that apply bottom-up credit research and relative-value positioning in the high yield muni market. The fund typically maintains diversified exposure across thousands of holdings and pays income distributions monthly, reflecting its income-oriented profile. Benchmarked to a blend of high yield and broad municipal indexes, the fund emphasizes rigorous credit selection and active sector rotation to navigate spread cycles and liquidity conditions in municipal markets. This structure positions the fund as a targeted solution for tax-sensitive investors seeking enhanced tax-exempt income within fixed income allocations.
Performance
RTHSX had a total return of 2.87% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.67%.
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 17, 2025 | $0.0093 | Dec 18, 2025 |
| Dec 2, 2025 | $0.0287 | Dec 3, 2025 |
| Nov 4, 2025 | $0.0345 | Nov 5, 2025 |
| Oct 2, 2025 | $0.0358 | Oct 3, 2025 |
| Sep 3, 2025 | $0.0366 | Sep 4, 2025 |
| Aug 4, 2025 | $0.0363 | Aug 5, 2025 |