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Tax-exempt Bond Fund Class S: (MF: RLVSX)
(NASDAQ Mutual Funds) As of Apr 23, 2024 08:00 PM ET
$21.86 USD
+0.01 (0.05%)
Zacks MF Rank
1-Strong Buy of 5 1
Fund Description
The fund was incepted in September 1985 and is managed by FRIMCo. The fund seeks to provide a high level of federal tax-exempt current income by investing primarily in a diversified portfolio of investment grade municipal securities. The fund concentrates its investments in investment-grade municipal debt obligations providing federal tax-exempt interest income. The fund distributes dividends monthly and net capital gains annually.
Load Information
| Ticker | Max Load % |
Deferred Load % |
Red. Fee % |
12B-1 Fee % |
Mgmt Fee % |
Expense Ratio % |
|
|---|---|---|---|---|---|---|---|
| Russell Tax Exempt Bond S | RLVSX | NA | NA | 0.00 | 0.00 | 0.30 | 0.52 |
Return Data
| Ticker | Nav | Inception Date | % yield | 1 year return | 2 year return | 3 year return | |
|---|---|---|---|---|---|---|---|
| Russell Tax Exempt Bond C | RTECX | 21.84 | 3/29/1999 | 0.27 | 2.89 | -0.96 | 0.70 |
| Russell Tax Exempt Bond S | RLVSX | 21.86 | 9/5/1985 | 0.39 | 3.95 | 0.05 | 1.72 |
| Russell Tax Exempt Bond A | RTEAX | 21.98 | 6/1/2010 | 0.36 | 3.64 | -0.25 | 1.42 |
Investment Information
| Ticker | Minimum Initial Investment ($) | Minimum Subsequent Investment ($) | Minimum Initial IRA ($) | Dividend Frequency | |
|---|---|---|---|---|---|
| Russell Tax Exempt Bond S | RLVSX | 0 | 0 | 0 | M |
Contact Information
| Family | Russell Funds |
| Address | 909 A St Tacoma, WA 98402 |
| Phone | 800 787-7354 |