Tax Exempt High Yield Fund Cash Position Weight
| RTHAX Fund | USD 10.07 0.01 0.1% |
Tax Exempt High Yield fundamentals help investors to digest information that contributes to Tax-exempt High's financial success or failures. It also enables traders to predict the movement of Tax-exempt Mutual Fund. The fundamental analysis module provides a way to measure Tax-exempt High's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Tax-exempt High mutual fund.
Tax-exempt |
Tax Exempt High Yield Mutual Fund Cash Position Weight Analysis
Tax-exempt High's Percentage of fund asset invested in cash equivalents or risk-free instruments. About 40% of all global funds carry cash on their balance sheet.
Current Tax-exempt High Cash Position Weight | 2.82 % |
Most of Tax-exempt High's fundamental indicators, such as Cash Position Weight, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Tax Exempt High Yield is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Funds or ETFs that have over 40% of their value invested in low-risk instruments or cash equivalents typically attract conservative investors.
| Competition |
In accordance with the recently published financial statements, Tax Exempt High Yield has 2.82% in Cash Position Weight. This is 95.18% lower than that of the Russell family and significantly higher than that of the High Yield Muni category. The cash position weight for all United States funds is notably lower than that of the firm.
Did you try this?
Run Positions Ratings Now
Positions RatingsDetermine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance |
| All Next | Launch Module |
Fund Asset Allocation for Tax-exempt High
The fund invests most of its assets under management in various types of exotic instruments, with the rest of asset invested in bonds and cash equivalents.Asset allocation divides Tax-exempt High's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Tax-exempt Fundamentals
| Total Asset | 1.64 B | ||||
| Annual Yield | 0 % | ||||
| Year To Date Return | 5.37 % | ||||
| One Year Return | 10.52 % | ||||
| Three Year Return | (0.49) % | ||||
| Five Year Return | 1.63 % | ||||
| Net Asset | 752.64 M | ||||
| Last Dividend Paid | 0.03 | ||||
| Cash Position Weight | 2.82 % | ||||
| Bond Positions Weight | 6.63 % |
About Tax-exempt High Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Tax Exempt High Yield's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tax-exempt High using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tax Exempt High Yield based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.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.
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
| Equity Valuation Check real value of public entities based on technical and fundamental data | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation |