RFAAX: Russell Investments Investment Grade Bond Fund - MutualFunds.com
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Russell Inv Investment Grade Bond A

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

$21.86
$21.72
$23.39

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

Compare RFAAX to Popular U.S. Intermediate-Term Bond Duration Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Vanguard Total Bond Market Index Fund

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$84.95

-0.13%

$298.93 B

2.13%

$1.82

-3.67%

0.04%

Vanguard Total Bond Market Index Fund

Fund

$11.20

-0.09%

$298.93 B

-

$0.00

-3.61%

0.15%

Vanguard Total Bond Market II Index Fund

Fund

$11.04

-0.18%

$234.43 B

2.07%

$0.23

-3.66%

0.09%

Metropolitan West Total Return Bond Fund

Fund

$10.87

-0.09%

$86.78 B

1.33%

$0.15

-2.77%

0.67%

iShares Core U.S. Aggregate Bond ETF

AGG | ETF

$114.18

-0.11%

$84.37 B

2.06%

$2.35

-3.39%

0.05%

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%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Russell Investments Investment Grade Bond Fund
  • Fund Family Name
    Russell
  • Inception Date
    May 28, 2010
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Keith 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

  1. Federal National Mortgage Association 2.5% 1.90%
  2. United States Treasury Notes 1.12% 1.67%
  3. United States Treasury Notes 2.75% 1.60%
  4. United States Treasury Notes 0.12% 1.45%
  5. United States Treasury Notes 0.12% 1.37%
  6. United States Treasury Notes 2.12% 1.23%
  7. United States Treasury Notes 1.5% 1.20%
  8. Federal Home Loan Mortgage Corporation 2.5% 1.16%
  9. United States Treasury Notes 0.38% 1.13%
  10. 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

View More +

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

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