Tax-Exempt Bond Fund Class C (RTECX)

The Tax-Exempt Bond Fund Class C (RTECX) 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 is designed for investors seeking tax-free income and may be a suitable option for those in higher tax brackets. The Class C shares typically have a higher expense ratio compared to other classes of the same fund, but may also have lower initial investment requirements. Overall, this fund offers a tax-efficient way to potentially generate income while also diversifying a portfolio.