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Name

As of 04/16/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Investment Grade Bond Fund

RFACX | Fund

$17.53

$1.13 B

0.47%

$0.08

1.57%

Vitals

YTD Return

-3.4%

1 yr return

-2.0%

3 Yr Avg Return

-5.3%

5 Yr Avg Return

-1.2%

Net Assets

$1.13 B

Holdings in Top 10

25.1%

52 WEEK LOW AND HIGH

$17.6
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.57%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 91.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$0

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 04/16/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Investment Grade Bond Fund

RFACX | Fund

$17.53

$1.13 B

0.47%

$0.08

1.57%

RFACX - Profile

Distributions

  • YTD Total Return -3.4%
  • 3 Yr Annualized Total Return -5.3%
  • 5 Yr Annualized Total Return -1.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.50%
DIVIDENDS
  • Dividend Yield 0.5%
  • Dividend Distribution Frequency Monthly

Fund Details

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

RFACX - Performance

Return Ranking - Trailing

Period RFACX Return Category Return Low Category Return High Rank in Category (%)
YTD -3.4% -13.2% 2.8% 69.25%
1 Yr -2.0% -11.0% 10.6% 93.83%
3 Yr -5.3%* -11.1% 24.7% 95.17%
5 Yr -1.2%* -6.8% 190.4% 95.12%
10 Yr 0.0%* -2.6% 73.3% 96.52%

* Annualized

Return Ranking - Calendar

Period RFACX Return Category Return Low Category Return High Rank in Category (%)
2023 0.9% -16.2% 8.1% 89.54%
2022 -16.2% -34.7% 131.9% 54.73%
2021 -3.5% -11.6% 4.4% 54.46%
2020 3.5% -10.1% 946.1% 59.71%
2019 5.3% -1.7% 16.9% 59.45%

Total Return Ranking - Trailing

Period RFACX Return Category Return Low Category Return High Rank in Category (%)
YTD -3.4% -13.2% 2.8% 69.25%
1 Yr -2.0% -11.0% 10.6% 93.83%
3 Yr -5.3%* -11.1% 24.7% 95.17%
5 Yr -1.2%* -6.8% 190.4% 95.12%
10 Yr 0.0%* -2.6% 73.3% 96.52%

* Annualized

Total Return Ranking - Calendar

Period RFACX Return Category Return Low Category Return High Rank in Category (%)
2023 3.9% -11.3% 11.0% 94.62%
2022 -15.8% -32.2% 131.9% 92.37%
2021 -2.2% -9.4% 9.2% 91.51%
2020 7.8% -1.9% 1009.0% 62.57%
2019 7.8% 1.1% 21668.0% 78.01%

NAV & Total Return History

RFACX - Holdings

Concentration Analysis

RFACX Category Low Category High RFACX % Rank
Net Assets 1.13 B 2.9 M 314 B 52.89%
Number of Holdings 824 1 17889 45.62%
Net Assets in Top 10 290 M -106 M 36.5 B 53.29%
Weighting of Top 10 25.13% 4.4% 134.1% 46.79%

Top 10 Holdings

  1. U.S. Cash Management Fund 12.54%
  2. Uniform Mortgage-Backed Security, TBA 1.78%
  3. Uniform Mortgage-Backed Security, TBA 1.75%
  4. United States Treasury Note/Bond 1.65%
  5. Uniform Mortgage-Backed Security, TBA 1.60%
  6. U.S. Treasury Notes 1.58%
  7. U.S. Treasury Notes 1.44%
  8. Ginnie Mae 1.02%
  9. Ginnie Mae 0.89%
  10. Ginnie Mae 0.88%

Asset Allocation

Weighting Return Low Return High RFACX % Rank
Bonds 		92.84% 0.00% 215.98% 62.12%
Cash 		12.55% -54.51% 79.52% 11.21%
Other 		3.03% -13.23% 50.66% 58.51%
Convertible Bonds 		1.11% 0.00% 7.93% 61.98%
Stocks 		0.00% 0.00% 99.93% 84.20%
Preferred Stocks 		0.00% 0.00% 74.68% 85.05%

Bond Sector Breakdown

Weighting Return Low Return High RFACX % Rank
Government 		49.50% 0.00% 86.23% 4.16%
Corporate 		22.49% 0.00% 100.00% 79.60%
Securitized 		20.78% 0.00% 98.40% 81.09%
Cash & Equivalents 		12.55% 0.00% 76.23% 12.19%
Derivative 		0.37% -5.38% 50.66% 28.61%
Municipal 		0.11% 0.00% 100.00% 66.24%

Bond Geographic Breakdown

Weighting Return Low Return High RFACX % Rank
US 		90.78% 0.00% 215.98% 63.03%
Non US 		2.06% 0.00% 39.04% 19.96%

RFACX - Expenses

Operational Fees

RFACX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.57% 0.01% 39.10% 9.22%
Management Fee 0.25% 0.00% 1.76% 17.08%
12b-1 Fee 0.75% 0.00% 1.00% 81.97%
Administrative Fee 0.05% 0.01% 0.50% 32.09%

Sales Fees

RFACX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.00% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

RFACX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

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 Return Low Category Return High Rank in Category (%)
Turnover 91.00% 2.00% 493.39% 40.99%

RFACX - Distributions

Dividend Yield Analysis

RFACX Category Low Category High RFACX % Rank
Dividend Yield 0.47% 0.00% 9.95% 92.93%

Dividend Distribution Analysis

RFACX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annual Monthly Monthly

Net Income Ratio Analysis

RFACX Category Low Category High RFACX % Rank
Net Income Ratio 0.50% -1.28% 4.79% 96.38%

Capital Gain Distribution Analysis

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

Distributions History

View More +

RFACX - Fund Manager Analysis

Managers

Greg Nott

Start Date

Tenure

Tenure Rank

Mar 01, 2022

0.25

0.3%

Greg Nott is Chief Investment Officer for Russell Investments Canada. Based in Toronto, Greg is responsible for all aspects of investment management, including leading the fixed income and multi-asset investment teams. Greg has 24 years of industry experience and has been with Russell Investments since 1998. Greg’s experience includes manager research analysis, fixed income portfolio management, and multi-asset portfolio management. Greg became CIO in 2011, and maintains his portfolio management responsibilities.

Albert Jalso

Start Date

Tenure

Tenure Rank

Mar 01, 2022

0.25

0.3%

Albert Jalso, Senior Portfolio Manager since March 2012. Albert’s career with Russell Investments includes working in their London office from 2011 to 2016. Albert joined the firm in 2007. Prior to joining Russell, Jalso worked at Bank of New York Mellon from September 2001 to April 2007, in various capacities, including as a credit research manager, a senior risk analyst and a senior financial analyst.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.07 33.43 6.81 1.16

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