Russell Inv Investment Grade Bond A
- RFAAX
- Price as of: Apr 09, 2021
-
$21.86
N/A N/A
- Primary Theme
- U.S. Intermediate-Term Bond Duration
- Fund Company
- Russell
- Share Class
RFAAX - Snapshot
Vitals
- YTD Return -3.1%
- 3 Yr Annualized Return 4.7%
- 5 Yr Annualized Return 3.0%
- Net Assets $741 M
- Holdings in Top 10 10.6%
52 WEEK LOW AND HIGH
Expenses
OPERATING RELATED FEES
- Expense Ratio 0.82%
SALES FEES
- Front Load 3.75%
- Deferred Load N/A
BROKERAGE FEES
- Turnover 109.00%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $0
- IRA N/A
Fund Classification
-
Primary Theme
U.S. Intermediate-Term Bond Duration
- Fund Type Open End Mutual Fund
- Investment Style Intermediate Core Bond
RFAAX - Profile
Distributions
- YTD Total Return -3.1%
- 3 Yr Annualized Total Return 3.3%
- 5 Yr Annualized Total Return 2.2%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.71%
- Dividend Yield 0.0%
- 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 | -3.1% | -9.7% | 7.8% | 63.65% |
1 Yr | 4.5% | -2.2% | 32.2% | 55.84% |
3 Yr | 4.7%* | 0.7% | 9.3% | 58.13% |
5 Yr | 3.0%* | 1.1% | 7.8% | 78.90% |
10 Yr | 3.2%* | 1.3% | 8.1% | 77.82% |
* Annualized
Return Ranking - Calendar
Period | RFAAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | 3.6% | -10.1% | 946.1% | 57.64% |
2019 | 5.4% | -2.6% | 13.9% | 57.58% |
2018 | -3.2% | -10.3% | 2.7% | 45.65% |
2017 | 2.0% | -49.5% | 8.1% | 19.13% |
2016 | -2.6% | -49.3% | 192.8% | 98.96% |
Total Return Ranking - Trailing
Period | RFAAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -3.1% | -9.7% | 7.8% | 63.65% |
1 Yr | 0.6% | -4.6% | 32.2% | 87.22% |
3 Yr | 3.3%* | 0.7% | 9.3% | 91.53% |
5 Yr | 2.2%* | 0.9% | 7.8% | 94.58% |
10 Yr | 2.8%* | 1.3% | 8.1% | 88.59% |
* Annualized
Total Return Ranking - Calendar
Period | RFAAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | 3.6% | -10.1% | 946.1% | 57.64% |
2019 | 5.4% | -2.6% | 13.9% | 59.61% |
2018 | -3.2% | -10.3% | 3.9% | 54.35% |
2017 | 2.0% | -6.0% | 8.4% | 38.37% |
2016 | -2.6% | -5.7% | 204.3% | 99.09% |
NAV & Total Return History
RFAAX - Holdings
Concentration Analysis
RFAAX | Category Low | Category High | RFAAX % Rank | |
---|---|---|---|---|
Net Assets | 741 M | 3.13 M | 299 B | 59.02% |
Number of Holdings | 755 | 1 | 18532 | 46.76% |
Net Assets in Top 10 | 79 M | -1.04 B | 42.9 B | 73.15% |
Weighting of Top 10 | 10.56% | 3.2% | 100.0% | 94.16% |
Top 10 Holdings
- Federal National Mortgage Association 2.5% 1.90%
- United States Treasury Notes 1.12% 1.67%
- United States Treasury Notes 2.75% 1.60%
- United States Treasury Notes 0.12% 1.45%
- United States Treasury Notes 0.12% 1.37%
- United States Treasury Notes 2.12% 1.23%
- 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%
- United States Treasury Bonds 1.25% 1.02%
Asset Allocation
Weighting | Return Low | Return High | RFAAX % Rank | |
---|---|---|---|---|
Bonds | 91.43% | -38.15% | 286.91% | 69.07% |
Cash | 7.07% | -195.83% | 145.79% | 30.65% |
Convertible Bonds | 1.50% | 0.00% | 8.68% | 38.33% |
Stocks | 0.00% | -0.23% | 10.71% | 70.28% |
Preferred Stocks | 0.00% | 0.00% | 86.98% | 77.22% |
Other | 0.00% | -15.89% | 6.89% | 60.56% |
Bond Sector Breakdown
Weighting | Return Low | Return High | RFAAX % Rank | |
---|---|---|---|---|
Corporate | 37.56% | 0.00% | 100.00% | 36.85% |
Securitized | 35.58% | 0.00% | 98.87% | 33.15% |
Government | 19.66% | 0.00% | 78.13% | 52.04% |
Cash & Equivalents | 7.06% | 0.00% | 51.54% | 43.52% |
Municipal | 0.14% | 0.00% | 100.00% | 63.98% |
Derivative | 0.00% | 0.00% | 23.49% | 73.61% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | RFAAX % Rank | |
---|---|---|---|---|
US | 78.40% | -38.40% | 255.76% | 73.15% |
Non US | 13.03% | -92.93% | 44.24% | 33.89% |
RFAAX - Expenses
Operational Fees
RFAAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.82% | 0.01% | 19.93% | 41.64% |
Management Fee | 0.25% | 0.00% | 0.85% | 17.04% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 45.62% |
Administrative Fee | 0.05% | 0.01% | 0.50% | 26.13% |
Sales Fees
RFAAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 3.75% | 2.00% | 5.75% | 63.83% |
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% | 4.00% | 484.45% | 48.33% |
RFAAX - Distributions
Dividend Yield Analysis
RFAAX | Category Low | Category High | RFAAX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 3.05% | 62.16% |
Dividend Distribution Analysis
RFAAX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Quarterly | Monthly | Monthly |
Net Income Ratio Analysis
RFAAX | Category Low | Category High | RFAAX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.71% | -0.39% | 11.28% | 80.93% |
Capital Gain Distribution Analysis
RFAAX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
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
9.67
9.7%
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.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.02 | 32.26 | 6.84 | 1.75 |