Russell Investments Tax Exempt Bond Fund M (RBCUX)
21.93
+0.01
(+0.05%)
USD |
Dec 05 2025
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.41% | 6.216B | -- | 39.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 227.68M | 2.71% | Upgrade | Upgrade |
Basic Info
| Investment Strategy | |
| The Fund seeks to provide federal tax-exempt current income consistent with the preservation of capital. The Fund will invest in investment-grade municipal debt obligations providing tax-exempt interest income. The duration will range within 10% of the duration of the Barclays Capital 1-10 Year Municipal Bond Index. |
| General | |
| Security Type | Mutual Fund |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal |
| Peer Group | Intermediate Municipal Debt Funds |
| Global Macro | Bond HC |
| US Macro | National Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Intermediate Municipal Debt Funds |
| Fund Owner Firm Name | Russell Investments |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
23
-28.87M
Peer Group Low
876.87M
Peer Group High
1 Year
% Rank:
20
227.68M
-675.30M
Peer Group Low
3.822B
Peer Group High
3 Months
% Rank:
24
-86.12M
Peer Group Low
1.870B
Peer Group High
3 Years
% Rank:
12
-1.798B
Peer Group Low
6.682B
Peer Group High
6 Months
% Rank:
20
-196.44M
Peer Group Low
3.381B
Peer Group High
5 Years
% Rank:
6
-2.191B
Peer Group Low
4.588B
Peer Group High
YTD
% Rank:
22
-606.46M
Peer Group Low
2.940B
Peer Group High
10 Years
% Rank:
7
-2.596B
Peer Group Low
28.35B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of December 06, 2025.
Asset Allocation
As of September 30, 2025.
| Type | % Net |
|---|---|
| Cash | 0.00% |
| Stock | 0.00% |
| Bond | 98.62% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 1.38% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
|
OTHER ASSETS LESS LIABILITIES
|
1.38% | -- | -- |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV PR 4.329 07/01/2040 | 0.83% | 96.61 | 0.00% |
| MISSISSIPPI BUSINESS FIN CORP MISS GULF OPPORTUNITY ZONE INDL DEV REV MS 2.900 12/01/2030 | 0.69% | 100.00 | 0.00% |
| MAIN STR NAT GAS INC GA GAS SUPPLY REV GA 4.387 12/01/2053 | 0.60% | 102.34 | 0.00% |
| KENTUCKY INC KY PUB ENERGY AUTH GAS SUPPLY REV KY 5.000 01/01/2055 | 0.59% | 107.22 | -0.01% |
| WISCONSIN ST HEALTH & EDL FACS AUTH REV WI 2.850 02/15/2050 | 0.57% | -- | -- |
| MISSISSIPPI BUSINESS FIN CORP MISS GULF OPPORTUNITY ZONE INDL DEV REV MS 2.900 11/01/2035 | 0.53% | 100.00 | 0.00% |
| METROPOLITAN TRANSN AUTH N Y REV NY 2.900 11/15/2050 | 0.48% | 100.00 | 0.00% |
|
BLACK BELT ENERGY GAS DISTRICT 5% 01-OCT-2035
|
0.48% | -- | -- |
| SOUTHEAST ENERGY AUTH COOP DIST ALA ENERGY SUPPLY REV AL 5.000 05/01/2055 | 0.46% | 107.06 | -0.01% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.14% |
| Administration Fee | 765.0K% |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP | No |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 0.00 None |
| Minimum Subsequent Investment | 0.00 None |
Basic Info
| Investment Strategy | |
| The Fund seeks to provide federal tax-exempt current income consistent with the preservation of capital. The Fund will invest in investment-grade municipal debt obligations providing tax-exempt interest income. The duration will range within 10% of the duration of the Barclays Capital 1-10 Year Municipal Bond Index. |
| General | |
| Security Type | Mutual Fund |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal |
| Peer Group | Intermediate Municipal Debt Funds |
| Global Macro | Bond HC |
| US Macro | National Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Intermediate Municipal Debt Funds |
| Fund Owner Firm Name | Russell Investments |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (12-4-25) | 3.69% |
| 30-Day SEC Yield (10-31-25) | 3.26% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 3537 |
| Bond | |
| Yield to Maturity (9-30-25) | 3.67% |
| Effective Duration | -- |
| Average Coupon | 4.61% |
| Calculated Average Quality | 2.527 |
| Effective Maturity | 11.88 |
| Nominal Maturity | 14.74 |
| Number of Bond Holdings | 3536 |
As of September 30, 2025
Fund Details
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:RBCUX", "name") |
| Broad Asset Class: =YCI("M:RBCUX", "broad_asset_class") |
| Broad Category: =YCI("M:RBCUX", "broad_category_group") |
| Prospectus Objective: =YCI("M:RBCUX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |