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RS Tax-Exempt Y (RSTYX) Fund Ranking and Research

Ranking, Research and Recommendation of RS Tax-Exempt Y (RSTYX) Fund

    Last Trade: $ on , Change: (0%)

 

Graph of RS Tax-Exempt Y Fund (RSTYX) ManagerFund Manager - Douglas J. Gaylor

Fund Manager Information

Fund Manager Tenure: 4.0 years
Fund Family: RS Funds
Fund Category: Muni National Long
Fund Performance: May 30, 2016
Fundmojo Fund Grade: C (Score: 0.57)     (What does this score mean?)

 

Graph of RS Tax-Exempt Y Fund (RSTYX) ProfileRS Tax-Exempt Y Fund (RSTYX) Profile

Fund Profile and Description

RS Tax-Exempt Y Fund seeks current income exempt from federal taxation consistent with capital preservation. RS Tax-Exempt Y Fund normally invests at least 80% of assets in tax-exempt municipal obligations. It normally invests in municipal securities that, at the time of purchase, are rated investment grade and may invests up to 10% of assets in below-investment grade or unrated municipal obligations. RS Tax-Exempt Y Fund also may invest in other tax-exempt securities that are not municipal obligations. It also invests up to 20% of net assets in bonds.

 

RS Tax-Exempt Y (RSTYX) Fund Strength What we like about RS Tax-Exempt Y (RSTYX) Fund

Data for RS Tax-Exempt Y Fund (RSTYX) as of May 30, 2016

  • RS Tax-Exempt Y Fund (RSTYX) management has been with RS Tax-Exempt Y Fund for 4.0 years
  • RS Tax-Exempt Y Fund (RSTYX) ratio of up-years vs down years is greater than 2
  • RS Tax-Exempt Y Fund (RSTYX) is less volatile than its peers as it has a 3-year Standard Deviation of 3.42, lower than category average of 4.16
  • RS Tax-Exempt Y Fund (RSTYX) has a lower expense ratio than its Muni National Long average: 0.69% vs 0.86%
  • RS Tax-Exempt Y Fund (RSTYX) is a true no-load fund as it has no load and no 12b1 promotion, distributions, marketing expenses

RS Tax-Exempt Y Fund (RSTYX) Weakness What we are cautious about RS Tax-Exempt Y (RSTYX) Fund

Data for RS Tax-Exempt Y Fund (RSTYX) as of May 30, 2016

  • RS Tax-Exempt Y Fund (RSTYX) has a less-than-ideal short-term performance (1-year return 5.61% vs 5.73% Muni National Long category median performance)
  • RS Tax-Exempt Y Fund (RSTYX) has a less-than-ideal mid-term performance (3-year return 3.23% vs 3.84% Muni National Long category median performance)
  • RS Tax-Exempt Y Fund (RSTYX) has a less-than-ideal Long-term performance (5-year return 4.65% vs 5.50% Muni National Long category median performance)
  • RS Tax-Exempt Y Fund (RSTYX) has a Morningstar rating of 3 and below
  • RS Tax-Exempt Y Fund (RSTYX) has an annual stock turnover rate of 39.00% that is higher than the Muni National Long average of 21.44%. This could mean RS Tax-Exempt Y is more nimble, but also signal potential high tax impact and high trading fees
See RS Tax-Exempt Y Fund (RSTYX) performance details as of May 30, 2016

 

What do you think?

 

Compare RS Tax-Exempt Y Fund (RSTYX)Compare with other top Muni National Long category mutual funds

Aadditional top Muni National Long mutual funds for your consideration

FundYear to Date1 Year3 year5 year
RS Tax-Exempt Y2.835.613.234.65
Columbia AMT-Free Tax-Exempt Bond A (INTAX)3.116.984.916.56Compare
Nuveen All-American Municipal Bond I (FAARX)3.607.045.187.16Compare
T. Rowe Price Summit Municipal Inc (PRINX)3.126.564.576.13Compare

See top fund managers for Muni National Long Category Funds

 

Compare RS Tax-Exempt Y Fund (RSTYX)Compare with Muni National Long category ETFs

Some Muni National Long ETFs for your consideration

ETFYear to DateOne YearThree Year
Market Vectors Long Municipal ETF (MLN)000
SPDR Nuveen Barclays Municipal Bond ETF (TFI)000
Market Vectors CEF Municipal Income ETF (XMPT)000

 

Graph of RS Tax-Exempt Y Fund (RSTYX) Net Asset TrackingRS Tax-Exempt Y (RSTYX) Fund Net Asset

Track net asset change of RS Tax-Exempt Y fund (RSTYX)

DateNet Asset
05/2016$178.34M
03/2016$186.48M
02/2016$186.27M
More historic net asset information on RS Tax-Exempt Y Fund (RSTYX)

  

Graph of RS Tax-Exempt Y Fund (RSTYX) Portfolio TrackingRS Tax-Exempt Y (RSTYX) Fund Portfolio Allocation

Track portfolio allocation change of RS Tax-Exempt Y fund (RSTYX)

DateCashStockBondOther
03/20162.42%0%97.58%0%
12/20156.9%0%93.1%0%
09/20152.79%0%97.21%0%
Click here to see more historic asset allocation information on RS Tax-Exempt Y Fund (RSTYX)

 

graph of RS Tax-Exempt Y Fund (RSTYX) Top 10 Position TrackingTop 10 Holdings in RS Tax-Exempt Y (RSTYX) Fund

Discover what RS Tax-Exempt Y Fund (RSTYX) manager is buying

Mar 30, 2016
Texas Private Activity Bd Surf Sr 6.875% [1.99%]
Connecticut St Health & Edl Fa Rev Bd 5% [1.99%]
Illinois St Go Bds 5% [1.93%]
Golden St Tob Securitization C Enh 0.01% [1.87%]
New Jersey Econ Dev Auth 5.25% [1.77%]
Orange Cnty Fla Health Facs Au Rev Bd 5% [1.74%]
Metropolitan Transn Auth 5% [1.59%]
Public Fin Auth 5% [1.52%]
Chicago Ill Tran Auth 5% [1.47%]
Richland Wash Elec Util Rev Rev Bds 5% [1.46%]

Dec 30, 2015
Texas Private Activity Bd Surf Sr 6.875% [2.02%]
Illinois St Go Bds 5% [1.93%]
Golden St Tob Securitization C Enh 0.01% [1.85%]
New Jersey Econ Dev Auth 5.25% [1.74%]
Orange Cnty Fla Health Facs Au Rev Bd 5% [1.73%]
Metropolitan Transn Auth 5% [1.59%]
Richland Wash Elec Util Rev Rev Bds 5% [1.46%]
Chicago Ill Tran Auth 5% [1.43%]
North Tex Twy Auth 6% [1.37%]
Virginia St Res Auth 5% [1.33%]

Sep 29, 2015
Texas Private Activity Bd Surf Sr 6.875% [2.02%]
Illinois St Go Bds 5% [1.98%]
Orange Cnty Fla Health Facs Au Rev Bd 5% [1.74%]
New Jersey Econ Dev Auth 5.25% [1.73%]
Wayne Cnty Mich Arpt Auth 5% [1.64%]
Metropolitan Transn Auth 5% [1.57%]
North Tex Twy Auth 6% [1.41%]
Virginia St Res Auth 5% [1.33%]
California St Various P 6% [1.32%]
California St Go Bds 6.5% [1.31%]
Click here for Stock Holding Change Map in RS Tax-Exempt Y Fund (RSTYX)

  

Latest News on RS Tax-Exempt Y (RSTYX) Fund

See what is happening with RS Tax-Exempt Y Fund (RSTYX)

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RS Tax-Exempt Y Fund (RSTYX) Related ResourcesSee more information on RS Tax-Exempt Y (RSTYX) Fund

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