Tax-exempt High Financials
| RTHSX Fund | USD 9.91 0.01 0.10% |
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 High Fund Summary
Tax-exempt High competes with International Developed, Global Real, Global Real, Global Real, and Global Real. The fund invests at least 80 percent of the value of its net assets plus borrowings for investment purposes in fixed income investments the income from which is exempt from federal income tax. It invests principally in municipal debt obligations providing federal tax-exempt interest income, but 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, including the alternative minimum tax.Specialization | High Yield Muni, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| ISIN | US78249R1234 |
| Business Address | Russell Investment |
| Mutual Fund Family | Russell |
| Mutual Fund Category | High Yield Muni |
| Benchmark | Dow Jones Industrial |
| Phone | 800 787 7354 |
| Currency | USD - US Dollar |
Tax-exempt High Key Financial Ratios
Tax-exempt Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Tax-exempt High's current stock value. Our valuation model uses many indicators to compare Tax-exempt High 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 High competition to find correlations between indicators driving Tax-exempt High's intrinsic value. More Info.Tax Exempt High Yield 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 508.14 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 High's earnings, one of the primary drivers of an investment's value.Tax Exempt High Systematic Risk
Tax-exempt High's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Tax-exempt High 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 output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Tax Exempt High correlated with the market. If Beta is less than 0 Tax-exempt High generally moves in the opposite direction as compared to the market. If Tax-exempt High 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 High is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Tax-exempt High is generally in the same direction as the market. If Beta > 1 Tax-exempt High moves generally in the same direction as, but more than the movement of the benchmark.
Tax-exempt High February 2, 2025 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Tax-exempt High help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Tax Exempt High Yield. We use our internally-developed statistical techniques to arrive at the intrinsic value of Tax Exempt High Yield 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 High's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.4684 | |||
| Information Ratio | (0.21) | |||
| Maximum Drawdown | 2.03 | |||
| Value At Risk | (0.60) | |||
| Potential Upside | 0.4065 |
Other Information on Investing in Tax-exempt Mutual Fund
Tax-exempt High 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 High security.
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Portfolio Comparator Compare the composition, asset allocations and performance of any two portfolios in your account |