RS Tax-Exempt Fund Class A (GUTEX)

10.70
Net Asset Value
+0.09%
1 Day
-1.20%
Year-to-Date
Overall Morningstar Rating
Muni national long
Style or Category
3.75
Sales Expenses
0.96%
Expense Ratio
Below Average
Morningstar Risk Rating™
Investment Objective The investment seeks to maximize current income exempt from federal income taxes, consistent with the preservation of capital. The fund invests primarily in investment-grade municipal obligations, the interest on which is, in the opinion of the issuer's bond counsel, exempt from federal income tax including the federal alternative minimum tax ("AMT"). Under normal circumstances at least 80% of the value of the fund's net assets will be invested in tax-exempt municipal obligations.

Performance

1 month+0.84% 3 years+1.72%
3 months-0.22% 5 years+3.83%
1 year+3.02% Since inception+4.76%
Data through --

Peer Comparisonvs. Muni national long

 GUTEXCategory
Performance 5-yr return+3.83%+4.70%
Expense ratio0.96%0.97%
Risk 5 year sharpe ratio0.870.99
Net assets$190.4M$1.5B
Average market cap--$27.8B
Average P/E--8.9
Portfolio turnover14%14%

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Fund Management and Purchase Info

Fund familyRS Funds
Fund manager & tenureDouglas Gaylor / 0 Years
Minimal initial investment$2,500.00
Minimum IRA investment$1,000.00

Holdings

Fixed income98.11%
Cash1.89%
U.S. stock0.00%
International stock0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Energy 17.35%
Financial service 14.49%
Healthcare 13.27%
Industrial materials 11.02%
Business service 10.00%
Top 10 Holdings
Portfolio weighting
-- 1.82%
-- 1.79%
-- 1.45%
-- 1.26%
-- 1.22%
-- 1.19%
-- 1.18%
-- 1.18%
-- 1.18%
-- 1.16%

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