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RGCSX Russell Inv Global Opportunistic Crdt S

  • Fund
  • RGCSX
  • Price as of: Jun 05, 2019
  • $9.42 + $0.02 + 0.21%
  • Category
  • Total Bond Market

RGCSX - Profile

Vitals

  • YTD Return 4.4%
  • 3 Yr Annualized Return 0.2%
  • 5 Yr Annualized Return -1.7%
  • Net Assets $580 M
  • Holdings in Top 10 14.2%

52 WEEK LOW AND HIGH

$9.42
$9.00
$9.57

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.37%

SALES FEES

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

BROKERAGE FEES

  • Turnover 82.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$0

IRA

N/A

Investment Themes

CATEGORY

Total Bond Market
  • Fund Type Open End Mutual Fund
  • Investment Style Multisector Bond

Distributions

  • YTD Total Return 4.4%
  • 3 Yr Annualized Total Return 0.2%
  • 5 Yr Annualized Total Return -1.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 4.79%
DIVIDENDS
  • Dividend Yield 0.1%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name Russell Investments Opportunistic Credit Fund
  • Fund Family Name Russell
  • Inception Date Sep 30, 2010
  • Shares Outstanding N/A
  • Share Class S
  • 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 bonds. The fund is advised by RIM and multiple money managers unaffiliated with RIM pursuant to a multi-manager approach.

RGCSX - Performance

Return Ranking - Trailing

Period RGCSX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.4% -3.3% 10.0% 20.99%
1 Yr -1.3% -16.1% 6.8% 92.04%
3 Yr 0.2%* -4.3% 44.5% 22.71%
5 Yr -1.7%* -6.2% 23.5% 91.27%
10 Yr N/A* -7.3% 15.9% N/A

* Annualized


Return Ranking - Calendar

Period RGCSX Return Category Return Low Category Return High Rank in Category (%)
2018 -8.4% -22.2% 3.1% 96.29%
2017 5.0% -5.1% 25.1% 2.45%
2016 6.6% -8.5% 192.8% 2.28%
2015 -6.8% -33.0% 3.0% 93.16%
2014 -4.8% -29.8% 32.1% 97.91%

Total Return Ranking - Trailing

Period RGCSX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.4% -3.3% 10.5% 22.78%
1 Yr -1.3% -16.1% 9.6% 94.13%
3 Yr 0.2%* -4.3% 49.7% 40.44%
5 Yr -1.7%* -3.8% 28.8% 94.72%
10 Yr N/A* -7.3% 18.7% N/A

* Annualized


Total Return Ranking - Calendar

Period RGCSX Return Category Return Low Category Return High Rank in Category (%)
2018 -8.4% -22.2% 7.9% 97.03%
2017 5.0% -4.6% 25.1% 7.56%
2016 6.6% -4.1% 204.3% 4.77%
2015 -6.8% -32.4% 4.2% 95.44%
2014 -4.8% -29.8% 32.1% 98.36%

NAV & Total Return History

RGCSX - Holdings

Concentration Analysis

RGCSX Category Low Category High RGCSX % Rank
Net Assets 580 M 337 K 218 B 62.98%
Number of Holdings 1010 3 17333 23.92%
Net Assets in Top 10 18 M -1.98 B 29.3 B 89.07%
Weighting of Top 10 14.17% 4.0% 1535.2% 78.81%

Top 10 Holdings

  1. Credit Default Swap 3.04%

  2. Credit Default Swap 2.92%

  3. Credit Default Swap 1.87%

  4. Credit Default Swap 1.74%

  5. Ukreximbank Via Biz Finance Plc 1.00%

  6. Credit Default Swap 0.87%

  7. Credit Default Swap 0.83%

  8. Credit Default Swap 0.65%

  9. Pemex Project Funding Master Trust 6.62% 0.64%

  10. Specialty Steel Holdco Inc. 0.60%


Asset Allocation

Weighting Return Low Return High RGCSX % Rank
Bonds
90.10% -248.60% 340.77% 77.75%
Cash
7.74% -246.66% 358.29% 23.58%
Other
1.44% -98.75% 57.15% 8.26%
Preferred Stocks
0.52% 0.00% 20.33% 10.86%
Stocks
0.20% -0.99% 97.68% 13.59%
Convertible Bonds
0.00% 0.00% 18.42% 77.88%

Stock Sector Breakdown

Weighting Return Low Return High RGCSX % Rank
Basic Materials
0.08% -0.07% 7.31% 10.94%
Utilities
0.00% -0.05% 8.49% 35.36%
Technology
0.00% -0.33% 12.59% 30.62%
Real Estate
0.00% -0.04% 11.09% 33.54%
Industrials
0.00% -0.14% 11.90% 37.67%
Healthcare
0.00% -0.20% 10.12% 32.93%
Financial Services
0.00% -0.20% 19.84% 39.25%
Energy
0.00% -0.07% 13.35% 48.24%
Communication Services
0.00% -0.05% 4.13% 33.17%
Consumer Defense
0.00% -0.21% 11.75% 28.55%
Consumer Cyclical
0.00% -0.17% 9.93% 41.19%

Stock Geographic Breakdown

Weighting Return Low Return High RGCSX % Rank
Non US
0.18% -0.62% 92.84% 5.86%
US
0.02% -4.76% 57.02% 19.12%

Bond Sector Breakdown

Weighting Return Low Return High RGCSX % Rank
Corporate
60.11% 0.00% 128.48% 8.41%
Securitized
17.05% 0.00% 102.58% 80.04%
Government
12.96% -91.96% 178.24% 65.69%
Cash & Equivalents
7.74% -547.52% 359.78% 18.16%
Derivative
0.30% -207.30% 299.06% 12.55%
Municipal
0.00% 0.00% 102.07% 69.56%

Bond Geographic Breakdown

Weighting Return Low Return High RGCSX % Rank
US
45.89% -245.97% 218.41% 92.01%
Non US
44.21% -108.37% 122.36% 5.06%

RGCSX - Expenses

Operational Fees

RGCSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.37% 0.00% 38.42% 20.45%
Management Fee 1.00% 0.00% 2.15% 97.00%
12b-1 Fee 0.00% 0.00% 1.00% 4.20%
Administrative Fee 0.05% 0.00% 0.63% 13.85%

Sales Fees

RGCSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.50% 5.75% N/A
Deferred Load N/A 0.15% 5.50% N/A

Trading Fees

RGCSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 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.

RGCSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 82.00% 0.00% 2337.00% 51.57%

RGCSX - Distributions

Dividend Yield Analysis

RGCSX Category Low Category High RGCSX % Rank
Dividend Yield 0.05% 0.00% 6.64% 14.51%

Dividend Distribution Analysis

RGCSX Category Low Category High Category Mode
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Dividend Payout History


Net Income Ratio Analysis

RGCSX Category Low Category High RGCSX % Rank
Net Income Ratio 4.79% -2.82% 7.22% 1.60%

Capital Gain Distribution Analysis

RGCSX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

RGCSX - Managers

Keith Brakebill

Manager

Start Date

Tenure

Tenure Rank

Aug 01, 2011

7.84

7.8%

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

30.43

Category Average

6.96

Category Mode

7.04