RHYTX — Tax-Exempt High Yield Bond Fund
Data updated: 2026-06-22
RHYTX — Tax-Exempt High Yield Bond Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. Long Corporate Bond · $2.47B AUM · 0.54% expense ratio · 5.6% 1-yr return. From SEC regulatory filings.
RHYTX Fund Overview
RHYTX — Tax-Exempt High Yield Bond Fund is a US mutual fund managed by Russell Investment CO, categorised as Long Corporate Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Russell Investment CO
- Category: Long Corporate Bond
- Assets under management: $2.47B
- 1-year return: 5.6%
- Ticker: RHYTX
- SEC CIK: 0000351601
- SEC series ID: S000049244
- Share class ID: C000178433
RHYTX Holdings
Top 10 holdings of Tax-Exempt High Yield Bond Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Russell Investments Trust Company Commingled Employee Benefit Funds Trust-U.S. Cash Management Fund | 2.24% |
| Buckeye Tobacco Settlement Financing Authority | 1.11% |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue | 0.93% |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue | 0.90% |
| Public Finance Authority | 0.55% |
| New York State Dormitory Authority | 0.51% |
| Puerto Rico Commonwealth Aqueduct & Sewer Authority | 0.49% |
| New York Liberty Development Corp | 0.46% |
| Salt River Project Agricultural Improvement & Power District | 0.44% |
| San Francisco City & County Airport Comm-San Francisco International Airport | 0.44% |
RHYTX Portfolio Allocation
Asset-class allocation of Tax-Exempt High Yield Bond Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 96.2% |
| Cash & Equivalents | 2.2% |
| Real Estate | 0.1% |
RHYTX Performance
Total returns for RHYTX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 1.7% |
| 1 year | 5.6% |
| 3 years (annualised) | 4.5% |
| 5 years (annualised) | 1.0% |
RHYTX Risk Information
Risk metrics for RHYTX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 4.7%
RHYTX Costs and Fees
RHYTX costs about $54 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.54%
- Gross expense ratio: 0.76%
- Portfolio turnover: 22%
- Brokerage commissions: 0.02 bps of average net assets (SEC N-CEN)
RHYTX Cashflows
Over the 12 months to 2026-04, Tax-Exempt High Yield Bond Fund had net inflows of $310.62M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-04 | $31.31M |
| 2026-03 | −$25.33M |
| 2026-02 | $42.44M |
| 2026-01 | $40.76M |
| 2025-12 | $20.01M |
| 2025-11 | $24.33M |
RHYTX Debt Constituents
Largest debt holdings of Tax-Exempt High Yield Bond Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Buckeye Tobacco Settlement Financing Authority | 1.11% |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue | 0.93% |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue | 0.90% |
| Public Finance Authority | 0.55% |
| New York State Dormitory Authority | 0.51% |
| Puerto Rico Commonwealth Aqueduct & Sewer Authority | 0.49% |
| New York Liberty Development Corp | 0.46% |
| Salt River Project Agricultural Improvement & Power District | 0.44% |
| San Francisco City & County Airport Comm-San Francisco International Airport | 0.44% |
| New York State Thruway Authority | 0.41% |
RHYTX Prospectus and SEC Filings
Official Tax-Exempt High Yield Bond Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Long Corporate Bond funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.