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Russell Tax Exempt Bond A (RTEAX) Fund Ranking and Research

Ranking, Research and Recommendation of Russell Tax Exempt Bond A (RTEAX) Fund

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

 

Graph of Russell Tax Exempt Bond A Fund (RTEAX) ManagerFund Manager - Kevin K. Lo

Fund Manager Information

Fund Manager Tenure: 6.1 years
Similar Funds: RTECX 
Fund Family: Russell
Fund Category: Muni National Interm
Fund Performance: May 30, 2016
Fundmojo Fund Grade: C (Score: 0.58)     (What does this score mean?)

 

Graph of Russell Tax Exempt Bond A Fund (RTEAX) ProfileRussell Tax Exempt Bond A Fund (RTEAX) Profile

Fund Profile and Description

Russell Tax Exempt Bond A Fund seeks federal tax-exempt current income consistent with the preservation of capital. Russell Tax Exempt Bond A Fund normally invests at least 80% of assets in investment the income from which is exempt from federal income tax. It invests primarily in investment-grade municipal debt obligations providing federal tax-exempt interest income. Russell Tax Exempt Bond A Fund may invest up to 10% of assets in municipal debt securities that are rated below investment grade.

 

Russell Tax Exempt Bond A (RTEAX) Fund Strength What we like about Russell Tax Exempt Bond A (RTEAX) Fund

Data for Russell Tax Exempt Bond A Fund (RTEAX) as of May 30, 2016

  • Russell Tax Exempt Bond A Fund (RTEAX) management has been with Russell Tax Exempt Bond A Fund for 6.1 years
  • Russell Tax Exempt Bond A Fund (RTEAX) has good short-term performance (1-year return 4.78% vs 4.71% Muni National Interm category median performance)
  • Russell Tax Exempt Bond A Fund (RTEAX) has good mid-term performance (3-year return 3.18% vs 3.10% Muni National Interm category median performance)
  • Russell Tax Exempt Bond A Fund (RTEAX) ratio of up-years vs down years is greater than 2
  • Asset base in Russell Tax Exempt Bond A Fund (RTEAX) has been consistently increasing at a reasonable pace in the last 2 months. It shows investor confidence and market support
  • Russell Tax Exempt Bond A Fund (RTEAX) is less volatile than its peers as it has a 3-year Standard Deviation of 2.34, lower than category average of 3.29

Russell Tax Exempt Bond A Fund (RTEAX) Weakness What we are cautious about Russell Tax Exempt Bond A (RTEAX) Fund

Data for Russell Tax Exempt Bond A Fund (RTEAX) as of May 30, 2016

  • Russell Tax Exempt Bond A Fund (RTEAX) has a less-than-ideal Long-term performance (5-year return 3.47% vs 4.14% Muni National Interm category median performance)
  • Russell Tax Exempt Bond A Fund (RTEAX) has a Morningstar rating of 3 and below
  • Russell Tax Exempt Bond A Fund (RTEAX) is less safe compared to its Muni National Interm peers
  • Russell Tax Exempt Bond A Fund (RTEAX) has an annual stock turnover rate of 28.00% that is higher than the Muni National Interm average of 22.40%. This could mean Russell Tax Exempt Bond A is more nimble, but also signal potential high tax impact and high trading fees
  • Russell Tax Exempt Bond A Fund (RTEAX) has a higher expense ratio of 0.82% than its Muni National Interm average of 0.80%
  • Russell Tax Exempt Bond A Fund (RTEAX) carries a 3.75% load
See Russell Tax Exempt Bond A Fund (RTEAX) performance details as of May 30, 2016

 

What do you think?

 

Compare Russell Tax Exempt Bond A Fund (RTEAX)Compare with other top Muni National Interm category mutual funds

Aadditional top Muni National Interm mutual funds for your consideration

FundYear to Date1 Year3 year5 year
Russell Tax Exempt Bond A2.284.783.183.47
Eaton Vance TABS 5 to15 Yr Lad Muni Bd I (EILTX)3.408.176.377.87Compare
BlackRock Strategic Muni Opps Inv A1 (MDMTX)3.297.784.275.68Compare
USAA Tax Exempt Intermediate-Term (USATX)2.525.223.514.92Compare

See top fund managers for Muni National Interm Category Funds

 

Compare Russell Tax Exempt Bond A Fund (RTEAX)Compare with Muni National Interm category ETFs

Some Muni National Interm ETFs for your consideration

ETFYear to DateOne YearThree Year
Market Vectors Intermediate Muni ETF (ITM)2.55%7.15%4.62%
iShares National AMT-Free Muni Bond (MUB)2.19%5.72%4.01%
PIMCO Intermediate Municipal Bd Actv ETF (MUNI)1.61%4.98%2.60%
Columbia Intermediate Municipal Bond ETF (GMMB)000

 

Graph of Russell Tax Exempt Bond A Fund (RTEAX) Net Asset TrackingRussell Tax Exempt Bond A (RTEAX) Fund Net Asset

Track net asset change of Russell Tax Exempt Bond A fund (RTEAX)

DateNet Asset
05/2016$1.41B
03/2016$1.39B
02/2016$1.38B
More historic net asset information on Russell Tax Exempt Bond A Fund (RTEAX)

  

Graph of Russell Tax Exempt Bond A Fund (RTEAX) Portfolio TrackingRussell Tax Exempt Bond A (RTEAX) Fund Portfolio Allocation

Track portfolio allocation change of Russell Tax Exempt Bond A fund (RTEAX)

DateCashStockBondOther
03/20167.06%0%92.94%0%
02/20166.96%0%93.04%0%
01/20167.82%0%92.18%0%
Click here to see more historic asset allocation information on Russell Tax Exempt Bond A Fund (RTEAX)

 

graph of Russell Tax Exempt Bond A Fund (RTEAX) Top 10 Position TrackingTop 10 Holdings in Russell Tax Exempt Bond A (RTEAX) Fund

Discover what Russell Tax Exempt Bond A Fund (RTEAX) manager is buying

Mar 30, 2016
CU 5% [1.21%]
Illinois St Sales Tax Rev Rev Bds 5% [1.05%]
New York St Twy Auth 5% [1.01%]
Florida St Brd Ed Pub Ed Pub Educa 0.02% [0.94%]
Texas St Pub Fin Auth 4% [0.81%]
Orange Cnty Fla Sales Tax Rev Rev Ref 5% [0.73%]
Metropolitan Transn Auth 5% [0.72%]
Washington Fed Hwy Grnt Antic Grant A 5% [0.67%]
Citizens Ppty Ins Corp Fla Senior Se 5% [0.64%]
California St For Previous Iss Go Bds 5% [0.63%]

Feb 28, 2016
CU 5% [1.22%]
Illinois St Sales Tax Rev Rev Bds 5% [1.07%]
New York St Twy Auth 5% [1.03%]
Florida St Brd Ed Pub Ed Pub Educa 0.02% [0.96%]
Texas St Pub Fin Auth 4% [0.83%]
Orange Cnty Fla Sales Tax Rev Rev Ref 5% [0.75%]
Metropolitan Transn Auth 5% [0.74%]
Washington Fed Hwy Grnt Antic Grant A 5% [0.68%]
Citizens Ppty Ins Corp Fla Senior Se 5% [0.65%]
California St For Previous Iss Go Bds 5% [0.64%]

Jan 30, 2016
CU 5% [1.23%]
Illinois St Sales Tax Rev Rev Bds 5% [1.08%]
New York St Twy Auth 5% [1.03%]
Florida St Brd Ed Pub Ed Pub Educa 0.02% [0.97%]
Texas St Pub Fin Auth 4% [0.83%]
Orange Cnty Fla Sales Tax Rev Rev Ref 5% [0.75%]
Metropolitan Transn Auth 5% [0.74%]
Washington Fed Hwy Grnt Antic Grant A 5% [0.69%]
Citizens Ppty Ins Corp Fla Senior Se 5% [0.65%]
California St For Previous Iss Go Bds 5% [0.64%]
Click here for Stock Holding Change Map in Russell Tax Exempt Bond A Fund (RTEAX)

  

Latest News on Russell Tax Exempt Bond A (RTEAX) Fund

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