Tax-exempt Bond Financials
| RTEAX Fund | USD 22.18 0.01 0.05% |
TAX-EXEMPT |
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Tax-exempt Bond Fund Summary
Tax-exempt Bond competes with M3sixty Capital, Small Cap, Vanguard Small-cap, Kinetics Small, and Fisher Investments. The fund has a fundamental policy to invest, under normal circumstances, at least 80 percent of the value of its net assets plus borrowings for investment purposes in investments the income from which is exempt from federal income tax. The fund may invest up to 20 percent of the value of its net assets plus borrowings for investment purposes in municipal debt securities the income on which is subject to federal income tax.Specialization | Muni National Interm, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | Russell Investment |
| Mutual Fund Family | Russell |
| Mutual Fund Category | Muni National Interm |
| Benchmark | Dow Jones Industrial |
| Phone | 800 787 7354 |
| Currency | USD - US Dollar |
Tax-exempt Bond Key Financial Ratios
TAX-EXEMPT Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Tax-exempt Bond's current stock value. Our valuation model uses many indicators to compare Tax-exempt Bond value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Tax-exempt Bond competition to find correlations between indicators driving Tax-exempt Bond's intrinsic value. More Info.Tax Exempt Bond Fund is rated top fund in annual yield among similar funds. It also is rated top fund in year to date return among similar funds creating about 758.30 of Year To Date Return per Annual Yield. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Tax-exempt Bond's earnings, one of the primary drivers of an investment's value.Tax Exempt Bond Systematic Risk
Tax-exempt Bond's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Tax-exempt Bond volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was one with a total number of output elements of sixty. The Beta measures systematic risk based on how returns on Tax Exempt Bond correlated with the market. If Beta is less than 0 Tax-exempt Bond generally moves in the opposite direction as compared to the market. If Tax-exempt Bond Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Tax Exempt Bond is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Tax-exempt Bond is generally in the same direction as the market. If Beta > 1 Tax-exempt Bond moves generally in the same direction as, but more than the movement of the benchmark.
Tax-exempt Bond November 26, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Tax-exempt Bond help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Tax Exempt Bond Fund. We use our internally-developed statistical techniques to arrive at the intrinsic value of Tax Exempt Bond Fund based on widely used predictive technical indicators. In general, we focus on analyzing TAX-EXEMPT Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Tax-exempt Bond's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.2971 | |||
| Information Ratio | (0.69) | |||
| Maximum Drawdown | 1.0 | |||
| Value At Risk | (0.27) | |||
| Potential Upside | 0.2714 |
Other Information on Investing in TAX-EXEMPT Mutual Fund
Tax-exempt Bond financial ratios help investors to determine whether TAX-EXEMPT Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in TAX-EXEMPT with respect to the benefits of owning Tax-exempt Bond security.
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