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Name

As of 12/17/2021

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Tax-Exempt Bond Fund

RBCMX | Fund

-

$4.54 B

0.00%

0.00%

Vitals

YTD Return

N/A

1 yr return

N/A

3 Yr Avg Return

N/A

5 Yr Avg Return

N/A

Net Assets

$4.54 B

Holdings in Top 10

5.8%

52 WEEK LOW AND HIGH

$0.0
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.00%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A

Min Investment

Standard (Taxable)

N/A

IRA

N/A

Fund Classification

Fund Type

Exchange Traded Fund

Name

As of 12/17/2021

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Tax-Exempt Bond Fund

RBCMX | Fund

-

$4.54 B

0.00%

0.00%

RBCMX - Profile

Distributions

  • YTD Total Return N/A
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio N/A
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency N/A

Fund Details

  • Legal Name
    Tax-Exempt Bond Fund
  • Fund Family Name
    Russell Investment Company
  • Inception Date
    N/A
  • Shares Outstanding
    N/A
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US

Fund Description

The Fund has a fundamental policy to invest, under normal circumstances, at least 80% of the value of its net assets plus borrowings for investment purposes in investments the income from which is exempt from federal income tax. The Fund invests principally in investment-grade municipal debt obligations providing federal tax-exempt interest income. The Fund may invest up to 20% of the value of its net assets plus borrowings for investment purposes in municipal debt securities the income on which is subject to federal income tax.
Russell Investment Management, LLC (“RIM”) provides or oversees the provision of all investment advisory and portfolio management services for the Fund. The Fund is advised by RIM and multiple money managers unaffiliated with RIM pursuant to a multi-manager approach. RIM may change a Fund's asset allocation at any time. The Fund’s money managers select the individual portfolio instruments for the assets assigned to them. RIM manages the Fund's cash balances.
The Fund invests in derivative instruments and may use derivatives to take both long and short positions. The Fund may also invest in puts, stand-by commitments and demand notes (including variable rate demand notes). The Fund may invest in fixed income securities issued or guaranteed by the U.S. government (including zero coupon securities). The Fund may invest in municipal debt securities that are rated below investment grade (commonly referred to as “high-yield” or “junk bonds”). A portion of the Fund’s net assets may be “illiquid” investments. The Fund may invest in commercial paper. The Fund may enter into repurchase agreements. The Fund may seek to limit the effect of holding cash reserves on the Fund’s exposures by investing in pre-refunded municipal bonds to provide the Fund with longer duration exposure. RIM may choose to invest in pre-refunded municipal bonds to manage Fund exposures. Please refer to the “Investment Objective and Investment Strategies” section in the Fund's Prospectus for further information.
Read More

RBCMX - Performance

Return Ranking - Trailing

Period RBCMX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A N/A N/A N/A
1 Yr N/A N/A N/A N/A
3 Yr N/A* N/A N/A N/A
5 Yr N/A* N/A N/A N/A
10 Yr N/A* N/A N/A N/A

* Annualized

Return Ranking - Calendar

Period RBCMX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A N/A N/A N/A
2022 N/A N/A N/A N/A
2021 N/A N/A N/A N/A
2020 N/A N/A N/A N/A
2019 N/A N/A N/A N/A

Total Return Ranking - Trailing

Period RBCMX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A N/A N/A N/A
1 Yr N/A N/A N/A N/A
3 Yr N/A* N/A N/A N/A
5 Yr N/A* N/A N/A N/A
10 Yr N/A* N/A N/A N/A

* Annualized

Total Return Ranking - Calendar

Period RBCMX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A N/A N/A N/A
2022 N/A N/A N/A N/A
2021 N/A N/A N/A N/A
2020 N/A N/A N/A N/A
2019 N/A N/A N/A N/A

NAV & Total Return History

RBCMX - Holdings

Concentration Analysis

RBCMX Category Low Category High RBCMX % Rank
Net Assets 4.54 B N/A N/A N/A
Number of Holdings 3171 N/A N/A N/A
Net Assets in Top 10 234 M N/A N/A N/A
Weighting of Top 10 5.84% N/A N/A N/A

Top 10 Holdings

  1. Russell Investments Trust Company Commingled Employee Benefit Funds Trust-U.S. Cash Management Fund 1.27%
  2. Texas Municipal Gas Acquisition and Supply Corp II 0.86%
  3. Black Belt Energy Gas District 0.63%
  4. Puerto Rico Sales Tax Financing Corp Sales Tax Revenue 0.52%
  5. Sales Tax Securitization Corp 0.50%
  6. City of New York NY 0.50%
  7. Chicago Board of Education 0.44%
  8. Commonwealth of Puerto Rico 0.39%
  9. Matching Fund Special Purpose Securitization Corp 0.38%
  10. Chicago Park District 0.36%

Asset Allocation

Weighting Return Low Return High RBCMX % Rank
Bonds 		97.46% N/A N/A N/A
Cash 		2.02% N/A N/A N/A
Other 		0.52% N/A N/A N/A
Stocks 		0.00% N/A N/A N/A
Preferred Stocks 		0.00% N/A N/A N/A
Convertible Bonds 		0.00% N/A N/A N/A

Bond Sector Breakdown

Weighting Return Low Return High RBCMX % Rank
Cash & Equivalents 		1.27% N/A N/A N/A
Derivative 		0.52% N/A N/A N/A
Securitized 		0.00% N/A N/A N/A
Corporate 		0.00% N/A N/A N/A
Municipal 		0.00% N/A N/A N/A
Government 		0.00% N/A N/A N/A

Bond Geographic Breakdown

Weighting Return Low Return High RBCMX % Rank
US 		97.46% N/A N/A N/A
Non US 		0.00% N/A N/A N/A

RBCMX - Expenses

Operational Fees

RBCMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.00% N/A N/A N/A
Management Fee 0.00% N/A N/A N/A
12b-1 Fee N/A N/A N/A N/A
Administrative Fee N/A N/A N/A N/A

Sales Fees

RBCMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A N/A N/A N/A
Deferred Load N/A N/A N/A N/A

Trading Fees

RBCMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

RBCMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A N/A N/A N/A

RBCMX - Distributions

Dividend Yield Analysis

RBCMX Category Low Category High RBCMX % Rank
Dividend Yield 0.00% N/A N/A N/A

Dividend Distribution Analysis

RBCMX Category Low Category High Category Mod
Dividend Distribution Frequency

Net Income Ratio Analysis

RBCMX Category Low Category High RBCMX % Rank
Net Income Ratio N/A N/A N/A N/A

Capital Gain Distribution Analysis

RBCMX Category Low Category High Capital Mode
Capital Gain Distribution Frequency

Distributions History

View More +

RBCMX - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
N/A N/A N/A N/A

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