Tax Exempt Financials
| RHYTX Fund | USD 10.01 0.02 0.20% |
Tax |
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 Fund Summary
Tax Exempt competes with Barings Emerging, Vy Jpmorgan, Rbc Emerging, Dws Emerging, and Artisan Emerging. 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 |
| 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 Key Financial Ratios
Tax Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Tax Exempt's current stock value. Our valuation model uses many indicators to compare Tax Exempt 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 competition to find correlations between indicators driving Tax Exempt'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 2,268 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's earnings, one of the primary drivers of an investment's value.Tax Exempt High Systematic Risk
Tax Exempt's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Tax Exempt 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 with a total number of output elements of thirty-one. 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 generally moves in the opposite direction as compared to the market. If Tax Exempt 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 is generally in the same direction as the market. If Beta > 1 Tax Exempt moves generally in the same direction as, but more than the movement of the benchmark.
Tax Exempt Thematic Clasifications
Tax Exempt High Yield is part of Junk Bonds Funds investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Funds with bonds rated BB or lower. Funds or Etfs that invest most of their assets into speculative (junk) bonds or to other fixed income instruments with interest rates 3 to 4 percentage points above government issues
This theme covers Funds with bonds rated BB or lower. Funds or Etfs that invest most of their assets into speculative (junk) bonds or to other fixed income instruments with interest rates 3 to 4 percentage points above government issues. Get More Thematic Ideas
Tax Exempt High Yield is rated top fund in net asset among similar funds. Total Asset Under Management (AUM) of High Yield Muni category is currently estimated at about 1.92 Billion. Tax Exempt totals roughly 752.64 Million in net asset claiming about 39% of all funds under High Yield Muni category.| Junk Bonds Funds | View |
Tax Exempt December 14, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Tax Exempt 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 Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Tax Exempt's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.4562 | |||
| Information Ratio | (0.33) | |||
| Maximum Drawdown | 1.72 | |||
| Value At Risk | (0.59) | |||
| Potential Upside | 0.4995 |
Other Information on Investing in Tax Mutual Fund
Tax Exempt financial ratios help investors to determine whether Tax 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 with respect to the benefits of owning Tax Exempt security.
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