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RFACX Russell Investment Grade Bond C

  • Fund
  • RFACX
  • Price as of: Aug 08, 2016
  • $22.32
  • + $0.01
  • + 0.05%
  • Category
  • Total Bond Market

RFACX - Profile

Vitals

  • YTD Return 4.7%
  • 3 Yr Annualized Return 3.3%
  • 5 Yr Annualized Return 2.6%
  • Net Assets $996 M
  • Holdings in Top 10 11.3%

52 WEEK LOW AND HIGH

$22.32
$21.27
$22.47

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.55%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 187.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$0

IRA

N/A

Investment Themes

CATEGORY

Total Bond Market
  • Fund Type Open End Mutual Fund
  • Investment Style Intermediate-Term Bond

Distributions

  • YTD Total Return 4.7%
  • 3 Yr Annualized Total Return 3.3%
  • 5 Yr Annualized Total Return 2.6%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.49%
DIVIDENDS
  • Dividend Yield 0.1%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name Russell Investment Grade Bond Fund
  • Fund Family Name Russell
  • Inception Date Oct 22, 2007
  • Shares Outstanding N/A
  • Share Class C
  • Currency USD
  • Domiciled Country United States
  • Manager Keith Brakebill

RFACX - Performance

Return Ranking - Trailing

Period RFACX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 4.7% -29.9% 209.8% 13.91% 1
1 Yr 5.1% -15.9% 20.3% 25.90% 2
3 Yr 3.3% * -6.4% 10.4% 43.01% 3
5 Yr 2.6% * -3.4% 9.0% 56.44% 3
10 Yr 4.1% * -1.1% 10.2% 55.38% 3

* Annualized


Return Ranking - Calendar

Period RFACX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -3.4% -51.0% 6.6% 46.28% 4
2014 N/A -0.4% 2.9% N/A N/A
2013 N/A -4.9% -0.8% N/A N/A
2012 N/A 0.8% 13.9% N/A N/A
2011 N/A -1.7% 3.8% N/A N/A

Total Return Ranking - Trailing

Period RFACX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 4.7% -8.1% 209.8% 14.14% 1
1 Yr 5.1% -19.0% 20.3% 20.70% 2
3 Yr 3.3% * -7.1% 10.4% 36.14% 2
5 Yr 2.6% * -4.3% 9.0% 51.91% 3
10 Yr 4.1% * -1.1% 10.2% 53.63% 3

* Annualized


Total Return Ranking - Calendar

Period RFACX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -3.4% -51.0% 6.6% 46.33% 4
2014 N/A -0.3% 4.5% N/A N/A
2013 N/A -4.6% 0.6% N/A N/A
2012 N/A 1.4% 15.7% N/A N/A
2011 N/A -0.9% 5.5% N/A N/A

NAV & Total Return History

RFACX - Holdings

Filings data as of: Jun 30, 2016

Concentration Analysis

RFACX Category Low Category High RFACX % Rank Quintile
Net Assets 996 M 319 K 169 B 12.26% 3
Number of Holdings 1785 1 17404 1.83% 1
Net Assets in Top 10 94.6 M -36 B 21.5 B 15.82% 3
Weighting of Top 10 11.3% 0.0% 1826.2% 27.11% 5

Top 10 Holdings

  1. US Treasury Note 1.625% 2.40%
  2. US Treasury Note 1.125% 1.27%
  3. Total Return Swap 1.09%
  4. Total Return Swap 1.07%
  5. US Treasury Bond 2.5% 1.04%
  6. Total Return Swap 1.01%
  7. Ginnie Mae Jumbos TBA 3.5% 2046-07-01 0.92%
  8. FNMA 0.87%
  9. Total Return Swap 0.84%
  10. Total Return Swap 0.82%

Asset Allocation

Weighting Category Low Category High RFACX % Rank Quintile
Bonds
84.89% -175.98% 181.87% 18.62% 4
Cash
13.13% -82.73% 275.92% 9.41% 2
Other
1.79% -15.97% 117.15% 7.32% 2
Convertible Bonds
0.09% 0.00% 18.40% 4.83% 2
Preferred Stocks
0.05% -0.07% 17.65% 7.53% 3
Stocks
0.05% -5.60% 98.06% 5.14% 2

Stock Sector Breakdown

Weighting Category Low Category High RFACX % Rank Quintile
Communication Services
0.05% -0.13% 8.73% 3.64% 1
Financial Services
0.00% -0.33% 16.93% 8.19% 3
Real Estate
0.00% -0.41% 16.08% 5.69% 2
Industrials
0.00% -0.98% 13.17% 5.12% 2
Healthcare
0.00% -0.99% 15.02% 4.32% 2
Technology
0.00% -3.22% 16.08% 4.78% 2
Energy
0.00% -0.88% 10.95% 5.12% 2
Utilities
0.00% -0.10% 2.90% 5.23% 2
Consumer Defense
0.00% -0.26% 12.32% 5.01% 2
Consumer Cyclical
0.00% -0.90% 11.86% 5.23% 3
Basic Materials
0.00% -0.43% 11.57% 4.44% 2

Stock Geographic Breakdown

Weighting Category Low Category High RFACX % Rank Quintile
US
0.05% -4.66% 90.98% 4.68% 1
Non US
0.00% -1.18% 97.59% 2.85% 2

Bond Sector Breakdown

Weighting Category Low Category High RFACX % Rank Quintile
Securitized
37.28% 0.00% 275.57% 9.51% 2
Corporate
27.24% 0.00% 502.59% 20.65% 4
Government
19.74% -990.83% 129.84% 14.04% 3
Cash & Equivalents
13.13% -63.55% 811.66% 9.66% 2
Municipal
0.78% 0.00% 106.20% 9.51% 2
Derivative
0.00% -895.14% 18.41% 2.14% 2

Bond Geographic Breakdown

Weighting Category Low Category High RFACX % Rank Quintile
US
79.13% -513.97% 163.91% 13.22% 3
Non US
5.76% -5.42% 399.20% 21.06% 4

RFACX - Expenses

Operational Fees

RFACX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 1.55% 0.00% 42.51% 6.87% 4
Management Fee 0.25% 0.00% 2.15% 3.81% 1
12b-1 Fee 0.75% 0.00% 1.00% 0.79% 4
Administrative Fee 0.05% 0.00% 0.63% 3.30% 1

Sales Fees

RFACX Fees (% of AUM) Category Low Category High RFACX Rank Quintile
Front Load N/A 0.00% 5.75% N/A N/A
Deferred Load N/A 0.15% 5.50% N/A N/A

Trading Fees

RFACX Fees (% of AUM) Category Low Category High RFACX Rank Quintile
Max Redemption Fee N/A 0.25% 2.00% N/A N/A

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

RFACX Fees (% of AUM) Category Low Category High RFACX Rank Quintile
Turnover 187.00% 0.00% 1944.00% 6.46% 4

RFACX - Distributions

Dividend Yield Analysis

RFACX Category Low Category High RFACX % Rank Quintile
Dividend Yield 0.1% 0.00% 1.30% 28.68% 5

Dividend Distribution Analysis

RFACX Category Low Category High Category Mode
Dividend Distribution Frequency Monthly Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

RFACX Category Low Category High RFACX % Rank Quintile
Net Income Ratio 0.49% -1.76% 17.13% 20.97% 5

Capital Gain Distribution Analysis

RFACX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Daily Annually

RFACX - Managers

Keith Brakebill

Manager

Start Date

Aug 01, 2011

Tenure

5.0

Tenure Rank

5.3%

Keith Brakebill, CFA® Senior Portfolio Manager, Investment Division Keith Brakebill is a portfolio manager on the global fixed income team, based in Seattle. In his role, Keith is responsible for managing a variety of fixed income funds for North American investors ranging from US Core Plus and Municipal bonds to Global High Yield and Emerging Market Debt. Prior to this role, Keith was an analyst on Russell’s global fixed income research team. His primary areas of research coverage included emerging market debt, long duration, short duration and municipals. Keith joined the firm in 2007. Prior to joining Russell, Keith graduated summa cum laude from the University of Tennessee’s college scholars program and continued his studies in the international policy studies program at Stanford University, where he also assisted in teaching undergraduate economics courses. Keith is fluent in Spanish and proficient in Portuguese. Keith holds an M.A. in International Policy Studies from Stanford University, and a B.A. (summa cum laude), from College Scholars, University of Tennessee. He is also a CFA® Charterholder.


Tenure Analysis

Category Low

0.0

Category High

27.6

Category Average

5.91

Category Mode

1.6