Morningstar

Russell Investments Tax-Exempt Bond Fund Class A RTEAX

Morningstar Medalist Rating
Medalist Rating as of | See Russell Investments Investment Hub
  • NAV / 1-Day Return 22.05  /  0.00
  • Total Assets 6.7B
  • Adj. Expense Ratio
    0.800%
  • Expense Ratio 0.800%
  • Distribution Fee Level Above Average
  • Share Class Type Front Load
  • Category Muni National Interm
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 0
  • Status Open
  • TTM Yield 3.25%
  • Effective Duration 5.25 years

USD | NAV as of Jun 18, 2026 | 1-Day Return as of Jun 18, 2026, 12:11 AM GMT+0

Morningstar’s Analysis RTEAX

Will RTEAX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable RTEAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the RTEAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of RTEAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Russell Inv Tax-Exempt Bond A holds a quantitatively derived Negative Morningstar Medalist Rating. The rating indicates the model sees limited potential for the strategy to outperform peers on a risk-adjusted basis over a full market cycle.

by Morningstar Automated Analysis
Rated on Published on

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Portfolio Holdings RTEAX

More RTEAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 5.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.329%

0.93 61M
municipal

WISCONSIN ST HEALTH & EDL FACS AUTH REV 3.45%

0.65 43M
municipal

Us Dollar

0.62 41M
Cash and Equivalents

MAIN STR NAT GAS INC GA GAS SUPPLY REV 4.138%

0.56 37M
municipal

EAST BATON ROUGE PARISH LA INC INDL DEV BRD REV 3.45%

0.55 36M
municipal

KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 5%

0.55 36M
municipal

SOUTHEAST ENERGY AUTH COOP DIST ALA ENERGY SUPPLY REV 5%

0.52 34M
municipal

CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 3.902%

0.44 29M
municipal

ENERGY SOUTHEAST ALA COOP DIST ENERGY SUPPLY REV 5%

0.43 28M
municipal

PUERTO RICO COMWLTH 5.625%

0.43 28M
municipal

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