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RTLAX Russell Tax-Managed US Large Cap A

  • Fund
  • RTLAX
  • Price as of: Jan 13, 2017
  • $34.32
  • + $0.06
  • + 0.18%
  • Category
  • Large Cap Growth Equities

RTLAX - Profile

Vitals

  • YTD Return 1.8%
  • 3 Yr Annualized Return 6.9%
  • 5 Yr Annualized Return 13.3%
  • Net Assets $1.98 B
  • Holdings in Top 10 17.5%

52 WEEK LOW AND HIGH

$34.32
$27.59
$34.44

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.23%

SALES FEES

  • Front Load 5.75%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 23.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$0

IRA

N/A

Investment Themes

CATEGORY

Large Cap Growth Equities
  • Fund Type Open End Mutual Fund
  • Investment Style Large Growth

Distributions

  • YTD Total Return 1.8%
  • 3 Yr Annualized Total Return 4.8%
  • 5 Yr Annualized Total Return 12.0%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.70%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name Russell Tax-Managed U.S. Large Cap Fund
  • Fund Family Name Russell
  • Inception Date May 28, 2010
  • Shares Outstanding N/A
  • Share Class A
  • Currency USD
  • Domiciled Country United States
  • Manager David L. Hintz

Fund Description

The fund has a non-fundamental policy to invest, under normal circumstances, at least 80% of the value of its net assets plus borrowings for investment purposes in large capitalization companies economically tied to the U.S. The fund invests principally in common stocks of large capitalization U.S. companies. The managers define large capitalization stocks as stocks of those companies represented by the S&P 500® Index or within the capitalization range of the S&P 500® Index as measured at its most recent reconstitution.

RTLAX - Performance

Return Ranking - Trailing

Period RTLAX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 1.8% -97.0% 17.4% 78.75% 5
1 Yr 9.3% -52.0% 75.7% 12.56% 1
3 Yr 6.9% * -15.1% 30.2% 30.12% 2
5 Yr 13.3% * 4.2% 18.9% 41.46% 3
10 Yr 6.0% * -0.5% 12.2% 72.09% 4

* Annualized


Return Ranking - Calendar

Period RTLAX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 8.7% -56.6% 121.2% 3.16% 1
2015 -0.3% -40.3% 11.4% 26.05% 2
2014 6.3% -30.1% 42.9% 23.86% 2
2013 30.9% -11.8% 56.4% 29.86% 2
2012 16.1% -21.6% 29.1% 25.04% 2

Total Return Ranking - Trailing

Period RTLAX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 1.8% -97.0% 11.4% 78.93% 5
1 Yr 3.1% -71.3% 2606.2% 44.22% 3
3 Yr 4.8% * -21.9% 43.7% 62.30% 4
5 Yr 12.0% * 3.0% 18.9% 64.28% 4
10 Yr 5.4% * -1.1% 12.2% 81.05% 5

* Annualized


Total Return Ranking - Calendar

Period RTLAX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 8.7% -56.6% 126.1% 3.70% 1
2015 0.3% -17.8% 28.8% 71.39% 4
2014 12.3% -10.0% 382.6% 50.00% 3
2013 33.7% -2.9% 615.0% 85.31% 5
2012 18.5% -100.0% 357.8% 72.20% 4

NAV & Total Return History

RTLAX - Holdings

Filings data as of: Nov 30, 2016

Concentration Analysis

RTLAX Category Low Category High RTLAX % Rank Quintile
Net Assets 1.98 B 373 K 146 B 8.16% 2
Number of Holdings 315 1 2194 2.31% 1
Net Assets in Top 10 339 M 0 36 B 11.83% 3
Weighting of Top 10 17.5% 0.0% 150.9% 29.11% 5

Top 10 Holdings

  1. Honeywell International Inc 2.07%
  2. Microsoft Corp 1.94%
  3. Wells Fargo & Co 1.75%
  4. Apple Inc 2.92%
  5. Alphabet Inc C 2.11%
  6. Johnson & Johnson 1.49%
  7. Amazon.com Inc 1.30%
  8. Bank of America Corporation 1.44%
  9. Starbucks Corp 1.27%
  10. Berkshire Hathaway Inc B 1.23%

Asset Allocation

Weighting Category Low Category High RTLAX % Rank Quintile
Stocks
91.90% 0.00% 110.18% 20.44% 5
Cash
8.09% -10.18% 100.00% 2.57% 1
Other
0.00% -1.57% 24.55% 6.36% 3
Convertible Bonds
0.00% 0.00% 3.55% 0.84% 2
Preferred Stocks
0.00% 0.00% 5.54% 2.44% 2
Bonds
0.00% 0.00% 77.35% 3.60% 2

Stock Sector Breakdown

Weighting Category Low Category High RTLAX % Rank Quintile
Technology
17.51% -1.29% 52.89% 24.68% 5
Financial Services
17.36% -2.38% 35.64% 5.40% 1
Healthcare
12.56% -1.03% 90.27% 20.31% 4
Industrials
10.12% -0.37% 26.88% 14.40% 3
Consumer Cyclical
9.49% -2.22% 46.23% 25.51% 5
Consumer Defense
7.41% -1.43% 29.99% 13.05% 3
Energy
6.77% -1.24% 16.88% 4.63% 1
Communication Services
4.50% 0.00% 12.93% 5.98% 2
Basic Materials
3.40% -1.18% 12.25% 7.71% 2
Utilities
1.49% -0.77% 8.65% 4.56% 1
Real Estate
1.17% -0.63% 11.06% 9.70% 2

Stock Geographic Breakdown

Weighting Category Low Category High RTLAX % Rank Quintile
US
88.79% 0.00% 110.18% 21.27% 4
Non US
3.11% 0.00% 89.90% 16.32% 3

RTLAX - Expenses

Operational Fees

RTLAX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 1.23% 0.00% 24.91% 11.25% 3
Management Fee 0.70% 0.00% 1.50% 2.38% 3
12b-1 Fee 0.25% 0.00% 1.00% 1.15% 2
Administrative Fee 0.05% 0.00% 1.00% 3.41% 1

Sales Fees

RTLAX Fees (% of AUM) Category Low Category High RTLAX Rank Quintile
Front Load 5.75% 1.50% 8.50% 1.20% 3
Deferred Load N/A 1.00% 5.50% N/A N/A

Trading Fees

RTLAX Fees (% of AUM) Category Low Category High RTLAX Rank Quintile
Max Redemption Fee N/A 0.05% 5.00% 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.

RTLAX Fees (% of AUM) Category Low Category High RTLAX Rank Quintile
Turnover 23.00% 0.00% 601.00% 11.64% 1

RTLAX - Distributions

Dividend Yield Analysis

RTLAX Category Low Category High RTLAX % Rank Quintile
Dividend Yield 0.0% 0.00% 2.85% 58.85% 4

Dividend Distribution Analysis

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

Dividend Payout History


Net Income Ratio Analysis

RTLAX Category Low Category High RTLAX % Rank Quintile
Net Income Ratio 0.70% -7.69% 3.70% 6.43% 1

Capital Gain Distribution Analysis

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

RTLAX - Managers

David L. Hintz

Manager

Start Date

Sep 12, 2013

Tenure

3.3

Tenure Rank

9.4%

David L. Hintz, CFA Portfolio Manager, Investment Division Russell Investments B.S., Business Administration, Walla Walla University M.B.A., Finance, Pacific Lutheran University CFA Charterholder, CFA Institute Dave Hintz leads the U.S. equity portfolio manager team for Russell Investments. In addition to his leadership role on the team, Dave has direct portfolio management responsibility for several of Russell’s large cap funds. Prior to his 4th quarter 2011 move into a full time role in the portfolio management group, Dave was head of U.S. equity research at Russell. Dave spent 16 years in the manager research group. During his initial 13 years in the manager research group, he covered all three large cap style universes at different points as an analyst. In mid-2010, Dave was asked to manage Russell’s U.S. growth and U.S. value funds while leading the US equity research team. As head of U.S. equity research, Dave provided the idea that led to the development of Russell’s Defensive and Dynamic style indexes. Dave has been with Russell since 1988. He initially worked in the company’s analytical services division and was named a supervisor in 1991. Prior to his 1995 transition into a manager research role, Dave was a senior consulting analyst with Russell’s consulting division, where he provided analytical support and client service to plan sponsors.


Tenure Analysis

Category Low

0.0

Category High

49.0

Category Average

7.26

Category Mode

2.0