Tax-Exempt Bond Fund Class A (RTEAX)

The Tax-Exempt Bond Fund Class A (RTEAX) is a mutual fund that primarily invests in tax-exempt bonds, which are bonds issued by state and local governments that are not subject to federal income tax. This fund aims to provide investors with a steady stream of tax-free income while also preserving capital. It may also invest in other fixed-income securities, such as corporate bonds and mortgage-backed securities. The Class A shares of this fund typically have a front-end sales charge and a lower expense ratio compared to other share classes. Overall, this fund is suitable for investors seeking tax-efficient income and a moderate level of risk.