Russell Investments Tax Exempt Bond Fund S (RLVSX)
21.12
-0.05
(-0.24%)
USD |
Sep 15 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.51% | 7.158B | -- | 45.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 1.097B | -0.14% |
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:
6
-69.61M
Peer Group Low
337.12M
Peer Group High
1 Year
% Rank:
11
1.097B
-713.62M
Peer Group Low
7.347B
Peer Group High
3 Months
% Rank:
3
-65.85M
Peer Group Low
1.446B
Peer Group High
3 Years
% Rank:
15
-1.561B
Peer Group Low
12.39B
Peer Group High
6 Months
% Rank:
6
-146.88M
Peer Group Low
2.618B
Peer Group High
5 Years
% Rank:
8
-2.445B
Peer Group Low
6.510B
Peer Group High
YTD
% Rank:
7
-613.19M
Peer Group Low
4.583B
Peer Group High
10 Years
% Rank:
10
-2.864B
Peer Group Low
27.98B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of September 16, 2026.
Asset Allocation
As of August 31, 2026.
| Type | % Net |
|---|---|
| Cash | 0.53% |
| Stock | 0.00% |
| Bond | 101.6% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | -2.17% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| PUERTO RICO SALES TAX FING CORP SALES TAX REV PR 4.329 07/01/2040 | 0.89% | 94.80 | -0.27% |
| PHOENIX ARIZ INDL DEV AUTH HEALTH CARE FACS REV AZ 2.950 11/15/2052 | 0.66% | 100.00 | 0.00% |
| TARRANT CNTY TEX CULTURAL ED FACS FIN CORP HOSP REV TX 2.850 11/15/2050 | 0.55% | 100.00 | 0.00% |
|
USD Cash
|
0.53% | -- | -- |
| NEW JERSEY HEALTH CARE FACS FING AUTH REV NJ 2.850 07/01/2061 | 0.52% | 100.10 | 0.00% |
| MAIN STR NAT GAS INC GA GAS SUPPLY REV GA 4.125 12/01/2053 | 0.49% | 102.34 | 0.00% |
| KENTUCKY INC KY PUB ENERGY AUTH GAS SUPPLY REV KY 5.000 01/01/2055 | 0.48% | 102.81 | -0.20% |
| SOUTHEAST ENERGY AUTH COOP DIST ALA ENERGY SUPPLY REV AL 5.000 10/01/2055 | 0.46% | 103.09 | -0.16% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV CA 3.875 04/01/2056 | 0.39% | 100.06 | 0.00% |
| EAST BATON ROUGE PARISH LA INC INDL DEV BRD REV LA 2.900 08/01/2035 | 0.37% | 100.00 | 0.00% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.24% |
| Administration Fee | 2.005M None |
| 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 |
TTM Distributions
| Type | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Qualified Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Normal
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Qualified
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
LT Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Ordinary Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Non-Qual
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ST Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Interest
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Tax-Exempt
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ROC
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Other
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Total
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
As of August 31, 2026.
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 (9-15-26) | 3.62% |
| 30-Day SEC Yield (8-31-26) | 3.32% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 3763 |
| Bond | |
| Yield to Maturity (8-31-26) | 3.95% |
| Effective Duration | -- |
| Average Coupon | 4.55% |
| Calculated Average Quality | 2.473 |
| Effective Maturity | 13.30 |
| Nominal Maturity | 15.50 |
| Number of Bond Holdings | 3760 |
As of August 31, 2026
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:RLVSX", "name") |
| Broad Asset Class: =YCI("M:RLVSX", "broad_asset_class") |
| Broad Category: =YCI("M:RLVSX", "broad_category_group") |
| Prospectus Objective: =YCI("M:RLVSX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |