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Benchmark SP 500  1,650   0.91  Index Moved Down -0.06% ...


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Collecting data for RTBEX

Russell quote and profile

 
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23.04
  
FUND
0.01  Macroaxis: 0.04 Up   0.04%  
Last 1 Month(s)
23.0923.19
 

Diversification Suggestion

Use Russell to enhance returns of your portfolios. The fund experiences normal upward fluctuation
Analyze Russell Tax Exempt Bond E Trend or Check current 30 days Russell correlation with market (S&P 500)
1 Month Beta -0.03  
Highest Price:  
Lowest Price:  
23.19  
23.09  
May 01 2013 
May 10 2013 
As returns on market increase, returns on owning Russell are expected to decrease at a much smaller rate. During bear market, Russell is likely to outperform the market.
Russell Tax Exempt Bond E Almost negative betaRussell Tax Exempt Bond E Beta Legend
RTBEX United States NASDAQ
Russell Tax Exempt Bond E
Russell
Muni National Interm
Benchmark S&P 500
Contact Number: 800. 787. 7354
Currency: USD - US Dollar
Traded on NASDAQ Stock Exchange
    
Number of Employees1
Net Asset795.5 M
Last Dividend Paid0.04
 thisGreen RTBEX RTBEX agains markets  0.04 % Macroaxis: 0.04 Moved Up  
 
 United States Russel   0.00 % No Change  
 United States Nasdaq   0.01 % Macroaxis: 0.01 Moved Down  
 
 United States SP 500   0.06 % Macroaxis: 0.06 Moved Down  
 
 United States NYSE   0.25 % Macroaxis: 0.25 Moved Down  
 
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Michael Ruff  Money Manager
Fund Manager since November 28, 2002
Ruff was a portfolio manager with Russell Investment Management Company since November 2002. From 2000 to 2002, he was a research analyst. From 1998 to 2000, Ruff was a senior technical analyst....
    

Russell Price and Market Media

The median price of Russell for the period between Fri, Apr 26, 2013 and Sun, May 26, 2013 is 23.15 with a coefficient of variation of 0.14. The daily time series for the period is distributed with a sample standard deviation of 0.03, arithmetic mean of 23.14, and mean deviation of 0.03. The Fund did not receive any noticable media coverage during the period.
Russell         SP 500
Price Growth (%)
 

Russell Summary

Russell Tax Exempt Bond E [RTBEX] is traded in USA and was established in May 13, 1999. The fund is listed under Muni National Interm category and is part of Russell family. This fund at this time has accumulated 795.5 M in assets with minimum initial investment of . Russell Tax Exempt Bond E is currently producing year-to-date (YTD) return of 0.31% with the current yeild of 2.18%, while the total return for the last 3 years was 5.51%.

Fund Instrument Allocation for Russell

The fund consists of 92.96% investments in fixed income securities, with the rest of funds allocated in cash.
Past Market
Over 30
Days
0
Out Of
100
 
Chance of
Less
Than
%
 
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Russell Research Report

Russell vs. Vanguard

Correlation analysis and fundamentals comparison between Russell Tax Exempt Bond E and Vanguard IntermTerm

Russell Asset Under Management

Russell Tax Exempt Bond E is rated below average in net asset among similar funds. Total Asset Under Management (AUM) of Muni National Interm category is currently estimated at about 152.2 Billion. Russell maintains roughly 795.5 Million in net asset contributing less than 1% to funds under Muni National Interm category.

Russell Fundamentals

Year to Date Return vs Three Year Return
Cash Position Weight vs Ten Year Return
Year to Date Return vs Last Dividend Paid
Bond Positions Weight vs Ten Year Return

Russell vs Competition

Russell vs. Vanguard IntermTerm TxEx Inv
Russell vs. Vanguard IntermTerm TxEx Adm
Russell vs. American Funds TaxExempt Bond F2
Russell vs. American Funds TaxExempt Bond A
Russell vs. American Funds TaxExempt Bond F1
Russell vs. American Funds TaxExempt Bond C
Russell vs. American Funds TaxExempt Bond B
Russell vs. Vanguard HighYield TaxExempt Adm
Russell vs. Vanguard HighYield TaxExempt
Russell vs. JPMorgan Intermediate Tax Free Bond B

Russell May 26 2013 Opportunity Range

Downside Deviation0.0966
Information Ratio(3.45)
Maximum Drawdown0.2157
Value At Risk(0.13)
Potential Upside0.0863

 
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