Russell Inv Investment Grade Bond A
Name
Price
Aum/Mkt Cap
YIELD & DIV
Exp Ratio
Watchlist
Vitals
YTD Return
-0.3%
1 yr return
1.2%
3 Yr Avg Return
5.9%
5 Yr Avg Return
3.1%
Net Assets
$778 M
Holdings in Top 10
10.7%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.77%
SALES FEES
Front Load 3.75%
Deferred Load N/A
TRADING FEES
Turnover 109.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Investment Style
Intermediate Core Bond
Name
Price
Aum/Mkt Cap
YIELD & DIV
Exp Ratio
Watchlist
RFAAX - Profile
Distributions
- YTD Total Return -0.3%
- 3 Yr Annualized Total Return 4.6%
- 5 Yr Annualized Total Return 2.3%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.71%
- Dividend Yield 1.1%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameRussell Investments Investment Grade Bond Fund
-
Fund Family NameRussell
-
Inception DateMay 28, 2010
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerKeith Brakebill
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 investment grade bonds. Russell Investment Management, LLC provides or oversees the provision of all investment advisory and portfolio management services for the fund.
RFAAX - Performance
Return Ranking - Trailing
| Period | RFAAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -0.3% | -83.6% | 1376.4% | 15.62% |
| 1 Yr | 1.2% | -9.5% | 15.9% | 54.22% |
| 3 Yr | 5.9%* | 0.1% | 10.6% | 39.25% |
| 5 Yr | 3.1%* | 0.8% | 7.9% | 74.10% |
| 10 Yr | 3.2%* | 0.9% | 8.7% | 72.32% |
* Annualized
Return Ranking - Calendar
| Period | RFAAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | 3.6% | -82.5% | 1027.9% | 56.96% |
| 2019 | 5.4% | -20.8% | 23.0% | 57.70% |
| 2018 | -3.2% | -11.4% | 2.7% | 43.97% |
| 2017 | 2.0% | -49.5% | 12.4% | 19.79% |
| 2016 | -2.6% | -49.3% | 192.8% | 98.71% |
Total Return Ranking - Trailing
| Period | RFAAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -0.3% | -83.6% | 1377.6% | 15.81% |
| 1 Yr | -2.6% | -12.2% | 15.9% | 92.67% |
| 3 Yr | 4.6%* | -0.9% | 10.6% | 79.73% |
| 5 Yr | 2.3%* | 0.7% | 7.9% | 91.97% |
| 10 Yr | 2.8%* | 0.9% | 8.7% | 85.55% |
* Annualized
Total Return Ranking - Calendar
| Period | RFAAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | 3.6% | -82.5% | 1027.9% | 56.96% |
| 2019 | 5.4% | -20.8% | 23.0% | 59.72% |
| 2018 | -3.2% | -11.4% | 3.9% | 52.12% |
| 2017 | 2.0% | -6.0% | 12.4% | 38.07% |
| 2016 | -2.6% | -7.0% | 204.3% | 98.84% |
NAV & Total Return History
RFAAX - Holdings
Concentration Analysis
| RFAAX | Category Low | Category High | RFAAX % Rank | |
|---|---|---|---|---|
| Net Assets | 778 M | 3.23 M | 318 B | 58.50% |
| Number of Holdings | 754 | 1 | 18577 | 46.86% |
| Net Assets in Top 10 | 83.9 M | -1.01 B | 45.3 B | 71.65% |
| Weighting of Top 10 | 10.73% | 4.0% | 100.0% | 94.61% |
Top 10 Holdings
- Federal National Mortgage Association 2.5% 1.90%
- United States Treasury Notes 2.75% 1.73%
- United States Treasury Notes 1.12% 1.67%
- United States Treasury Notes 0.12% 1.54%
- United States Treasury Notes 0.12% 1.50%
- United States Treasury Notes 1.34%
- United States Treasury Notes 1.5% 1.20%
- Federal Home Loan Mortgage Corporation 2.5% 1.16%
- United States Treasury Notes 0.38% 1.13%
- ONEMAIN FINANCIAL ISSUANCE TRUST 1.55% 1.07%
Asset Allocation
| Weighting | Return Low | Return High | RFAAX % Rank | |
|---|---|---|---|---|
| Bonds | 92.72% | -48.07% | 176.88% | 64.36% |
| Cash | 5.73% | -86.81% | 162.28% | 32.91% |
| Convertible Bonds | 1.55% | 0.00% | 38.29% | 42.48% |
| Stocks | 0.00% | -0.17% | 24.74% | 85.14% |
| Preferred Stocks | 0.00% | 0.00% | 84.24% | 89.43% |
| Other | 0.00% | -15.00% | 16.74% | 75.66% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | RFAAX % Rank | |
|---|---|---|---|---|
| Securitized | 31.96% | 0.00% | 98.27% | 37.01% |
| Corporate | 31.71% | 0.00% | 100.00% | 48.04% |
| Government | 30.04% | 0.00% | 80.01% | 35.82% |
| Cash & Equivalents | 6.03% | 0.00% | 100.00% | 45.76% |
| Municipal | 0.15% | 0.00% | 100.00% | 62.99% |
| Derivative | 0.12% | 0.00% | 19.56% | 26.53% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | RFAAX % Rank | |
|---|---|---|---|---|
| US | 79.23% | -48.49% | 245.19% | 67.82% |
| Non US | 13.49% | -108.35% | 39.51% | 35.55% |
RFAAX - Expenses
Operational Fees
| RFAAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.77% | 0.01% | 2.91% | 33.70% |
| Management Fee | 0.25% | 0.00% | 0.95% | 17.39% |
| 12b-1 Fee | 0.25% | 0.00% | 1.00% | 54.41% |
| Administrative Fee | 0.05% | 0.01% | 0.50% | 28.92% |
Sales Fees
| RFAAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | 3.75% | 2.00% | 5.75% | 70.41% |
| Deferred Load | N/A | 1.00% | 5.50% | N/A |
Trading Fees
| RFAAX 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.
| RFAAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 109.00% | 6.00% | 496.00% | 46.38% |
RFAAX - Distributions
Dividend Yield Analysis
| RFAAX | Category Low | Category High | RFAAX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 1.10% | 0.00% | 2.97% | 81.54% |
Dividend Distribution Analysis
| RFAAX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Monthly | Semi-Annually | Monthly | Monthly |
Net Income Ratio Analysis
| RFAAX | Category Low | Category High | RFAAX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.71% | -0.20% | 8.97% | 71.61% |
Capital Gain Distribution Analysis
| RFAAX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Monthly | Monthly |
Dividend Payout History
| Date | Amount |
|---|---|
| Apr 03, 2019 | $0.037 |
| Mar 05, 2019 | $0.027 |
| Feb 05, 2019 | $0.013 |
| Dec 20, 2018 | $0.098 |
| Dec 05, 2018 | $0.037 |
| Nov 05, 2018 | $0.041 |
| Oct 03, 2018 | $0.029 |
| Sep 06, 2018 | $0.036 |
| Aug 03, 2018 | $0.043 |
| Jul 05, 2018 | $0.032 |
| Jun 05, 2018 | $0.032 |
| May 03, 2018 | $0.035 |
| Apr 04, 2018 | $0.033 |
| Mar 05, 2018 | $0.016 |
| Feb 05, 2018 | $0.029 |
| Dec 21, 2017 | $0.004 |
| Dec 05, 2017 | $0.033 |
| Nov 03, 2017 | $0.029 |
| Oct 04, 2017 | $0.022 |
| Sep 06, 2017 | $0.028 |
| Aug 03, 2017 | $0.031 |
| Jul 06, 2017 | $0.019 |
| Jun 05, 2017 | $0.020 |
| May 03, 2017 | $0.017 |
| Apr 05, 2017 | $0.011 |
| Mar 03, 2017 | $0.015 |
| Feb 03, 2017 | $0.012 |
| Dec 20, 2016 | $0.106 |
| Dec 05, 2016 | $0.024 |
| Nov 03, 2016 | $0.037 |
| Oct 05, 2016 | $0.044 |
| Sep 06, 2016 | $0.030 |
| Aug 03, 2016 | $0.031 |
| Jul 06, 2016 | $0.031 |
| Jun 03, 2016 | $0.027 |
| May 04, 2016 | $0.023 |
| Apr 05, 2016 | $0.013 |
| Mar 03, 2016 | $0.027 |
| Feb 03, 2016 | $0.029 |
| Dec 22, 2015 | $0.100 |
| Dec 03, 2015 | $0.021 |
| Nov 04, 2015 | $0.027 |
| Oct 05, 2015 | $0.025 |
| Sep 03, 2015 | $0.026 |
| Aug 05, 2015 | $0.026 |
| Jul 06, 2015 | $0.021 |
| Jun 03, 2015 | $0.023 |
| May 05, 2015 | $0.017 |
| Apr 06, 2015 | $0.023 |
| Mar 04, 2015 | $0.021 |
| Feb 04, 2015 | $0.002 |
| Dec 23, 2014 | $0.011 |
| Dec 03, 2014 | $0.016 |
| Nov 05, 2014 | $0.022 |
| Oct 03, 2014 | $0.025 |
| Sep 04, 2014 | $0.022 |
| Aug 05, 2014 | $0.023 |
| Jul 03, 2014 | $0.026 |
| Jun 04, 2014 | $0.027 |
| May 05, 2014 | $0.025 |
| Apr 03, 2014 | $0.017 |
| Mar 05, 2014 | $0.018 |
| Feb 05, 2014 | $0.006 |
| Dec 24, 2013 | $0.016 |
| Dec 04, 2013 | $0.018 |
| Nov 05, 2013 | $0.013 |
| Oct 03, 2013 | $0.011 |
| Sep 05, 2013 | $0.013 |
| Aug 05, 2013 | $0.010 |
| Jul 03, 2013 | $0.006 |
| Jun 05, 2013 | $0.016 |
| May 03, 2013 | $0.013 |
| Apr 03, 2013 | $0.024 |
| Mar 05, 2013 | $0.009 |
| Feb 05, 2013 | $0.012 |
| Dec 26, 2012 | $0.026 |
| Dec 05, 2012 | $0.019 |
| Nov 05, 2012 | $0.050 |
| Oct 03, 2012 | $0.001 |
| Sep 06, 2012 | $0.013 |
| Aug 03, 2012 | $0.034 |
| Jul 05, 2012 | $0.028 |
| Jun 05, 2012 | $0.023 |
| May 03, 2012 | $0.038 |
| Apr 04, 2012 | $0.037 |
| Mar 05, 2012 | $0.031 |
| Feb 03, 2012 | $0.043 |
| Dec 05, 2011 | $0.038 |
| Nov 03, 2011 | $0.019 |
| Oct 05, 2011 | $0.040 |
| Sep 06, 2011 | $0.045 |
| Aug 03, 2011 | $0.048 |
| Jul 06, 2011 | $0.046 |
| Jun 03, 2011 | $0.050 |
| May 04, 2011 | $0.041 |
| Apr 05, 2011 | $0.053 |
| Mar 03, 2011 | $0.038 |
| Feb 03, 2011 | $0.023 |
| Dec 03, 2010 | $0.050 |
| Nov 03, 2010 | $0.039 |
| Oct 05, 2010 | $0.036 |
| Sep 03, 2010 | $0.037 |
| Aug 04, 2010 | $0.047 |
| Jul 06, 2010 | $0.044 |
RFAAX - Fund Manager Analysis
Managers
Keith Brakebill
Start Date
Tenure
Tenure Rank
Aug 01, 2011
10.09
10.1%
Keith Brakebill, Senior Portfolio Manager since November 2013. Keith was a Portfolio Manager from August 2011 to November 2013. He joined Russell Investment Management, LLC (RIM) 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. Keith Brakebill, Director, Senior Portfolio Manager, Fixed Income, has primary responsibility for the management of the Fund. Mr. Brakebill has managed the Fund since August 2011.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.04 | 32.68 | 6.65 | 0.42 |