Russell Investments Tax Exempt Bond Fund M (RBCUX)
22.28
+0.02
(+0.09%)
USD |
Feb 27 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.41% | 6.517B | -- | 45.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 274.85M | 4.94% |
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 |
| Equity Style | -- |
| 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:
20
-513.56M
Peer Group Low
1.040B
Peer Group High
1 Year
% Rank:
27
274.85M
-804.30M
Peer Group Low
5.114B
Peer Group High
3 Months
% Rank:
18
-540.68M
Peer Group Low
2.442B
Peer Group High
3 Years
% Rank:
14
-1.640B
Peer Group Low
11.24B
Peer Group High
6 Months
% Rank:
24
-626.05M
Peer Group Low
4.312B
Peer Group High
5 Years
% Rank:
10
-2.290B
Peer Group Low
4.932B
Peer Group High
YTD
% Rank:
13
-525.62M
Peer Group Low
1.040B
Peer Group High
10 Years
% Rank:
7
-2.734B
Peer Group Low
29.07B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of March 02, 2026.
Asset Allocation
As of November 30, 2025.
| Type | % Net |
|---|---|
| Cash | 1.68% |
| Stock | 0.00% |
| Bond | 97.79% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 0.53% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
|
USD Cash
|
1.68% | -- | -- |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV PR 4.329 07/01/2040 | 0.83% | 100.08 | 0.00% |
| MISSISSIPPI BUSINESS FIN CORP MISS GULF OPPORTUNITY ZONE INDL DEV REV MS 1.500 12/01/2030 | 0.61% | 100.00 | 0.00% |
| MAIN STR NAT GAS INC GA GAS SUPPLY REV GA 4.159 12/01/2053 | 0.59% | 102.34 | 0.00% |
| KENTUCKY INC KY PUB ENERGY AUTH GAS SUPPLY REV KY 5.000 01/01/2055 | 0.58% | 108.78 | -0.22% |
| METROPOLITAN TRANSN AUTH N Y REV NY 11/15/2050 | 0.56% | 100.00 | 0.00% |
| MISSISSIPPI BUSINESS FIN CORP MISS GULF OPPORTUNITY ZONE INDL DEV REV MS 1.500 11/01/2035 | 0.52% | 100.00 | 0.00% |
|
Other Assets less Liabilities
|
0.52% | -- | -- |
| BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV AL 5.000 10/01/2035 | 0.47% | -- | -- |
| SOUTHEAST ENERGY AUTH COOP DIST ALA ENERGY SUPPLY REV AL 5.000 05/01/2055 | 0.45% | 106.73 | -0.17% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.14% |
| Administration Fee | 778.9K% |
| 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 |
| Equity Style | -- |
| 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 (2-26-26) | 3.56% |
| 30-Day SEC Yield (1-31-26) | 3.09% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 3502 |
| Bond | |
| Yield to Maturity (11-30-25) | 3.59% |
| Effective Duration | -- |
| Average Coupon | 4.81% |
| Calculated Average Quality | 2.529 |
| Effective Maturity | 12.15 |
| Nominal Maturity | 14.99 |
| Number of Bond Holdings | 3499 |
As of November 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. |