Russell Investments Tax Exempt Bond Fund S (RLVSX)
21.63
+0.01
(+0.05%)
USD |
Aug 25 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.51% | 7.306B | -- | 45.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 1.056B | 4.06% |
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:
2
-291.00M
Peer Group Low
588.76M
Peer Group High
1 Year
% Rank:
11
1.056B
-708.09M
Peer Group Low
7.536B
Peer Group High
3 Months
% Rank:
5
-697.86M
Peer Group Low
1.688B
Peer Group High
3 Years
% Rank:
11
-1.577B
Peer Group Low
12.50B
Peer Group High
6 Months
% Rank:
8
-589.58M
Peer Group Low
3.224B
Peer Group High
5 Years
% Rank:
7
-2.411B
Peer Group Low
6.172B
Peer Group High
YTD
% Rank:
9
-601.63M
Peer Group Low
4.265B
Peer Group High
10 Years
% Rank:
10
-2.870B
Peer Group Low
28.48B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of August 26, 2026.
Asset Allocation
As of June 30, 2026.
| Type | % Net |
|---|---|
| Cash | 1.05% |
| Stock | 0.00% |
| Bond | 99.13% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | -0.18% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
|
USD Cash
|
1.05% | -- | -- |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV PR 4.329 07/01/2040 | 0.95% | 98.61 | 0.00% |
| MAIN STR NAT GAS INC GA GAS SUPPLY REV GA 4.132 12/01/2053 | 0.54% | 102.34 | 0.00% |
| KENTUCKY INC KY PUB ENERGY AUTH GAS SUPPLY REV KY 5.000 01/01/2055 | 0.53% | 104.71 | -0.00% |
| SOUTHEAST ENERGY AUTH COOP DIST ALA ENERGY SUPPLY REV AL 5.000 10/01/2055 | 0.50% | 104.75 | 0.00% |
| EAST BATON ROUGE PARISH LA INC INDL DEV BRD REV LA 2.300 12/01/2040 | 0.49% | 100.00 | 0.00% |
| TARRANT CNTY TEX CULTURAL ED FACS FIN CORP HOSP REV TX 2.050 11/15/2050 | 0.47% | 100.00 | 0.00% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV CA 3.882 04/01/2056 | 0.42% | 100.06 | 0.00% |
| PUERTO RICO COMWLTH PR 5.625 07/01/2027 | 0.42% | 101.98 | -0.01% |
| SOUTHEAST ENERGY AUTH COOP DIST ALA ENERGY SUPPLY REV AL 5.000 05/01/2055 | 0.41% | 104.96 | -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 |
Projected Income
| Type | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Qualified Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Normal
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Qualified
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
LT Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Ordinary Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Non-Qual
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ST Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Interest
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Tax-Exempt
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ROC
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Other
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Total
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
As of July 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 (8-25-26) | 3.56% |
| 30-Day SEC Yield (7-31-26) | 3.24% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 3452 |
| Bond | |
| Yield to Maturity (6-30-26) | 3.48% |
| Effective Duration | -- |
| Average Coupon | 4.53% |
| Calculated Average Quality | 2.510 |
| Effective Maturity | 13.33 |
| Nominal Maturity | 15.52 |
| Number of Bond Holdings | 3448 |
As of June 30, 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. |