Russell Investments Tax Exempt Bond Fund M (RBCUX)
21.92
+0.01
(+0.05%)
USD |
Apr 10 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.41% | 6.521B | -- | 45.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 338.26M | 5.95% |
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:
9
-37.98M
Peer Group Low
391.32M
Peer Group High
1 Year
% Rank:
22
338.26M
-799.77M
Peer Group Low
5.870B
Peer Group High
3 Months
% Rank:
15
-550.42M
Peer Group Low
2.357B
Peer Group High
3 Years
% Rank:
14
-1.646B
Peer Group Low
11.23B
Peer Group High
6 Months
% Rank:
22
-615.38M
Peer Group Low
4.635B
Peer Group High
5 Years
% Rank:
10
-2.321B
Peer Group Low
5.048B
Peer Group High
YTD
% Rank:
15
-550.42M
Peer Group Low
2.357B
Peer Group High
10 Years
% Rank:
7
-2.777B
Peer Group Low
29.03B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of April 13, 2026.
Asset Allocation
As of December 31, 2025.
| Type | % Net |
|---|---|
| Cash | 1.10% |
| Stock | 0.00% |
| Bond | 97.95% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 0.95% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
|
USD Cash
|
1.10% | -- | -- |
|
Other Assets less Liabilities
|
0.95% | -- | -- |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV PR 4.329 07/01/2040 | 0.82% | 97.98 | 0.00% |
| METROPOLITAN TRANSN AUTH N Y REV NY 3.550 11/15/2050 | 0.65% | 100.00 | 0.00% |
| MISSISSIPPI BUSINESS FIN CORP MISS GULF OPPORTUNITY ZONE INDL DEV REV MS 3.550 12/01/2030 | 0.61% | 100.00 | 0.00% |
| MAIN STR NAT GAS INC GA GAS SUPPLY REV GA 4.105 12/01/2053 | 0.58% | 102.34 | 0.00% |
| KENTUCKY INC KY PUB ENERGY AUTH GAS SUPPLY REV KY 5.000 01/01/2055 | 0.58% | 106.27 | -0.01% |
| MISSISSIPPI BUSINESS FIN CORP MISS GULF OPPORTUNITY ZONE INDL DEV REV MS 3.550 11/01/2035 | 0.56% | 100.00 | 0.00% |
| SOUTHEAST ENERGY AUTH COOP DIST ALA ENERGY SUPPLY REV AL 5.000 10/01/2055 | 0.55% | 106.57 | -0.01% |
| EAST BATON ROUGE PARISH LA INC INDL DEV BRD REV LA 3.550 12/01/2040 | 0.53% | 100.00 | 0.00% |
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 (4-9-26) | 3.63% |
| 30-Day SEC Yield (2-28-26) | 3.07% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 3396 |
| Bond | |
| Yield to Maturity (12-31-25) | 3.61% |
| Effective Duration | -- |
| Average Coupon | 4.77% |
| Calculated Average Quality | 2.519 |
| Effective Maturity | 12.39 |
| Nominal Maturity | 15.21 |
| Number of Bond Holdings | 3383 |
As of December 31, 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. |