Tax-exempt Bond is trading at 22.01 as of the 23rd of November 2024; that is 0.09 percent up since the beginning of the trading day. The fund's open price was 21.99. Tax-exempt Bond has about a 22 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Tax Exempt Bond Fund are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 24th of October 2024 and ending today, the 23rd of November 2024. Click here to learn more.
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.. More on Tax Exempt Bond Fund
Tax Exempt Bond Fund [RBCUX] is traded in USA and was established 23rd of November 2024. Tax-exempt Bond is listed under Russell category by Fama And French industry classification. The fund is listed under Muni National Interm category and is part of Russell family. This fund at this time has accumulated 2.42 B in assets with no minimum investment requirementsTax Exempt Bond is currently producing year-to-date (YTD) return of 2.24% with the current yeild of 0.0%, while the total return for the last 3 years was 0.29%.
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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.