Russell Inv Tax-Exempt High Yield Bd S (RTHSX)

Fund Assets	2.01B
Expense Ratio	0.588%
Min. Investment	$0.00
Turnover	22.00%
Dividend (ttm)	0.44
Dividend Yield	4.84%
Dividend Growth	-0.48%
Payout Frequency	Monthly
Ex-Dividend Date	Oct 2, 2026

Previous Close	9.10
YTD Return	-2.65%
1-Year Return	-1.72%
5-Year Return	-0.95%
52-Week Low	8.97
52-Week High	9.83
Beta (5Y)	0.14
Holdings	3008
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.

• Fund Family: Russell
• Category: High Yield Muni
• Performance Rating: Above Average
• Risk Rating: Average
• Stock Exchange: Nasdaq
• Ticker Symbol: RTHSX
• Share Class: Class S
• Index: Index is not available on Lipper Database

Performance

RTHSX had a total return of -1.72% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.90%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
RHYTX	Class M	0.55%
RTHAX	Class A	0.90%
RTHCX	Class C	1.65%

Dividend History

Ex-Dividend	Amount	Pay Date
Oct 2, 2026	$0.0369	Oct 5, 2026
Sep 2, 2026	$0.0333	Sep 3, 2026
Aug 4, 2026	$0.0375	Aug 5, 2026
Jul 2, 2026	$0.0342	Jul 6, 2026
Jun 2, 2026	$0.0355	Jun 3, 2026
May 4, 2026	$0.0396	May 5, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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