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RFACX Russell Inv Investment Grade Bond C

  • Fund
  • RFACX
  • Price as of: Sep 17, 2019
  • $21.76 + $0.03 + 0.14%

RFACX - Profile

Vitals

  • YTD Return 6.3%
  • 3 Yr Annualized Return -0.7%
  • 5 Yr Annualized Return -0.3%
  • Net Assets $937 M
  • Holdings in Top 10 48.5%

52 WEEK LOW AND HIGH

$21.76
$20.10
$22.17

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.55%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 177.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$0

IRA

N/A

Fund Classification

PRIMARY CATEGORY

  • Fund Type Open End Mutual Fund
  • Investment Style Intermediate Core Bond

Distributions

  • YTD Total Return 6.3%
  • 3 Yr Annualized Total Return -0.7%
  • 5 Yr Annualized Total Return -0.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.36%
DIVIDENDS
  • Dividend Yield 0.9%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name Russell Investments Investment Grade Bond Fund
  • Fund Family Name Russell
  • Inception Date Oct 22, 2007
  • Shares Outstanding N/A
  • Share Class C
  • Currency USD
  • Domiciled Country United States
  • Manager Keith Brakebill

RFACX - Performance

Return Ranking - Trailing

Period RFACX Return Category Return Low Category Return High Rank in Category (%)
YTD 6.3% -0.2% 18.3% 15.95%
1 Yr 6.9% -4.4% 15.6% 7.93%
3 Yr -0.7%* -3.0% 9.3% 82.14%
5 Yr -0.3%* -14.8% 3.5% 81.11%
10 Yr 0.4%* -8.7% 6.5% 41.19%

* Annualized


Return Ranking - Calendar

Period RFACX Return Category Return Low Category Return High Rank in Category (%)
2018 -3.2% -13.7% 6.9% 70.68%
2017 1.9% -6.5% 21.2% 22.79%
2016 -2.6% -58.1% 8.6% 78.13%
2015 -3.4% -24.0% 2.6% 85.83%
2014 2.6% -60.4% 83.0% 50.59%

Total Return Ranking - Trailing

Period RFACX Return Category Return Low Category Return High Rank in Category (%)
YTD 6.3% -0.2% 18.3% 16.69%
1 Yr 6.9% -4.4% 15.6% 11.57%
3 Yr -0.7%* -3.0% 9.3% 85.23%
5 Yr -0.3%* -14.8% 5.5% 85.92%
10 Yr 0.4%* -8.7% 7.0% 57.50%

* Annualized


Total Return Ranking - Calendar

Period RFACX Return Category Return Low Category Return High Rank in Category (%)
2018 -3.2% -13.7% 6.9% 76.58%
2017 1.9% -6.5% 27.0% 34.93%
2016 -2.6% -58.1% 10.7% 80.84%
2015 -3.4% -14.6% 4.2% 90.72%
2014 2.6% -60.4% 83.0% 59.04%

NAV & Total Return History

RFACX - Holdings

Concentration Analysis

RFACX Category Low Category High RFACX % Rank
Net Assets 937 M 701 K 241 B 41.87%
Number of Holdings 796 1 17412 19.16%
Net Assets in Top 10 304 M -179 M 23.7 B 29.05%
Weighting of Top 10 48.53% 2.5% 212.7% 13.63%

Top 10 Holdings

  1. United States 10 Year Treasury Note Futures 15.13%

  2. 2 Year US Treasury Note Future Sept19 5.48%

  3. 2 Year US Treasury Note Future Sept19 4.60%

  4. United States 5 Year Treasury Note Futures 4.59%

  5. United States Treasury Notes 1.75% 4.02%

  6. Japan 10 Year Government Bond Futures 3.95%

  7. Long Gilt Futures 3.28%

  8. United States Treasury Notes 1.12% 2.58%

  9. Australian 10 Year Treasury Bond Future Sept19 2.45%

  10. Canada 10 Year Government Bond Futures 2.45%


Asset Allocation

Weighting Return Low Return High RFACX % Rank
Bonds
112.88% 80.17% 129.72% 3.04%
Convertible Bonds
0.24% 0.00% 6.30% 38.28%
Stocks
0.00% -14.50% 14.08% 88.61%
Preferred Stocks
0.00% -1.25% 4.10% 90.33%
Other
0.00% -16.03% 27.53% 84.43%
Cash
-13.12% -37.85% 22.95% 97.51%

Bond Sector Breakdown

Weighting Return Low Return High RFACX % Rank
Government
48.78% -74.40% 115.78% 10.33%
Securitized
38.86% 0.00% 141.25% 19.23%
Corporate
24.24% -1.23% 99.47% 41.28%
Cash & Equivalents
4.21% -37.85% 22.95% 26.96%
Municipal
0.17% 0.00% 106.42% 70.26%
Derivative
-16.26% -24.73% 33.80% 99.71%

Bond Geographic Breakdown

Weighting Return Low Return High RFACX % Rank
US
104.55% 66.38% 150.14% 3.04%
Non US
8.33% -43.03% 26.38% 30.81%

RFACX - Expenses

Operational Fees

RFACX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.55% 0.00% 209.96% 14.58%
Management Fee 0.25% 0.00% 1.25% 14.87%
12b-1 Fee 0.75% 0.00% 1.00% 79.01%
Administrative Fee 0.05% 0.00% 0.63% 25.13%

Sales Fees

RFACX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.75% N/A
Deferred Load N/A 0.00% 5.50% N/A

Trading Fees

RFACX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.25% 2.00% 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.

RFACX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 177.00% 0.00% 1856.00% 87.98%

RFACX - Distributions

Dividend Yield Analysis

RFACX Category Low Category High RFACX % Rank
Dividend Yield 0.91% 0.00% 95.96% 83.26%

Dividend Distribution Analysis

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

Dividend Payout History


Net Income Ratio Analysis

RFACX Category Low Category High RFACX % Rank
Net Income Ratio 1.36% -0.18% 4.99% 93.05%

Capital Gain Distribution Analysis

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

RFACX - Managers

Keith Brakebill

Manager

Start Date

Tenure

Tenure Rank

Aug 01, 2011

8.09

8.1%

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.


Tenure Analysis

Category Low

0.0

Category High

39.94

Category Average

7.49

Category Mode

7.29