RTLEX: Russell Inv Tax-Managed US Large Cap E

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RTLEX Russell Inv Tax-Managed US Large Cap E


Profile

RTLEX - Profile

Vitals

  • YTD Return -1.2%
  • 3 Yr Annualized Return 8.5%
  • 5 Yr Annualized Return 8.3%
  • Net Assets $3.88 B
  • Holdings in Top 10 25.5%

52 WEEK LOW AND HIGH

$47.94
$33.88
$50.97

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.19%

SALES FEES

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

BROKERAGE FEES

  • Turnover 34.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

Closed to new investors as of Apr 09, 2020
  • Standard (Taxable) $0
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return -1.2%
  • 3 Yr Annualized Total Return 8.5%
  • 5 Yr Annualized Total Return 8.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.73%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Russell Investments Tax-Managed U.S. Large Cap Fund
  • Fund Family Name
    Russell
  • Inception Date
    Nov 30, 1999
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Kevin Divney

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 large capitalization companies economically tied to the U.S. The fund invests principally in common stocks of large capitalization U.S. companies. The managers define large capitalization stocks as stocks of those companies represented by the S&P 500® Index or within the capitalization range of the S&P 500® Index as measured at its most recent reconstitution.


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Categories

Performance

RTLEX - Performance

Return Ranking - Trailing

Period RTLEX Return Category Return Low Category Return High Rank in Category (%)
YTD -1.2% -36.9% 1892.0% 37.20%
1 Yr 5.1% -73.2% 2003.4% 17.30%
3 Yr 8.5%* -33.7% 188.8% 9.31%
5 Yr 8.3%* -21.2% 94.3% 4.62%
10 Yr 11.2%* -6.5% 38.9% 7.68%

* Annualized

Return Ranking - Calendar

Period RTLEX Return Category Return Low Category Return High Rank in Category (%)
2019 28.4% -72.6% 39.5% 13.49%
2018 -7.8% -67.0% 10.0% 14.47%
2017 20.9% -32.8% 33.2% 5.45%
2016 8.7% -18.6% 19.7% 30.52%
2015 -0.3% -35.5% 7.8% 7.77%

Total Return Ranking - Trailing

Period RTLEX Return Category Return Low Category Return High Rank in Category (%)
YTD -1.2% -36.9% 1892.0% 37.20%
1 Yr 5.1% -73.2% 2003.4% 17.21%
3 Yr 8.5%* -33.7% 188.8% 20.11%
5 Yr 8.3%* -15.9% 94.3% 19.01%
10 Yr 11.2%* -4.4% 38.9% 29.47%

* Annualized

Total Return Ranking - Calendar

Period RTLEX Return Category Return Low Category Return High Rank in Category (%)
2019 28.4% -72.6% 39.5% 13.49%
2018 -7.8% -67.0% 10.0% 41.31%
2017 20.9% -22.1% 33.2% 33.79%
2016 8.7% -16.4% 26.8% 62.40%
2015 -0.3% -26.4% 106.5% 34.07%

NAV & Total Return History


Holdings

RTLEX - Holdings

Concentration Analysis

RTLEX Category Low Category High RTLEX % Rank
Net Assets 3.88 B 1.14 K 872 B 21.55%
Number of Holdings 305 1 3498 27.48%
Net Assets in Top 10 970 M -27.1 M 186 B 25.48%
Weighting of Top 10 25.53% 3.2% 100.0% 74.87%

Top 10 Holdings

  1. Microsoft Corp 4.64%
  2. Amazon.com Inc 3.72%
  3. Apple Inc 3.43%
  4. Facebook Inc A 2.48%
  5. Alphabet Inc Class C 2.39%
  6. UnitedHealth Group Inc 2.33%
  7. PayPal Holdings Inc 2.24%
  8. Salesforce.com Inc 1.51%
  9. Visa Inc Class A 1.49%
  10. Autodesk Inc 1.30%

Asset Allocation

Weighting Return Low Return High RTLEX % Rank
Stocks
94.77% 81.36% 167.47% 93.51%
Cash
5.23% -141.62% 13.02% 4.41%
Preferred Stocks
0.00% 0.00% 14.17% 58.28%
Other
0.00% -7.25% 89.69% 57.45%
Convertible Bonds
0.00% 0.00% 13.48% 57.04%
Bonds
0.00% 0.00% 78.72% 62.23%

Stock Sector Breakdown

Weighting Return Low Return High RTLEX % Rank
Technology
22.95% 0.00% 41.55% 32.26%
Healthcare
18.72% 0.00% 31.87% 14.02%
Financial Services
13.31% 0.00% 47.71% 67.74%
Consumer Cyclical
11.80% 0.00% 45.17% 20.27%
Communication Services
10.78% 0.00% 29.84% 39.19%
Industrials
5.96% 0.00% 27.72% 90.03%
Consumer Defense
5.21% 0.00% 35.63% 87.50%
Utilities
4.03% 0.00% 18.14% 13.09%
Basic Materials
3.17% -0.14% 11.81% 21.79%
Real Estate
2.35% 0.00% 54.83% 62.33%
Energy
1.72% -1.47% 14.48% 72.64%

Stock Geographic Breakdown

Weighting Return Low Return High RTLEX % Rank
US
92.15% 80.18% 157.79% 79.02%
Non US
2.62% -4.87% 18.41% 38.88%

Expenses

RTLEX - Expenses

Operational Fees

RTLEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.19% 0.01% 49.73% 33.79%
Management Fee 0.68% 0.00% 2.00% 74.85%
12b-1 Fee N/A 0.00% 1.00% 14.02%
Administrative Fee 0.05% 0.00% 0.95% 23.44%

Sales Fees

RTLEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.50% 5.75% N/A
Deferred Load N/A 0.95% 5.00% N/A

Trading Fees

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

RTLEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 34.00% 0.00% 438.00% 51.19%

Distributions

RTLEX - Distributions

Dividend Yield Analysis

RTLEX Category Low Category High RTLEX % Rank
Dividend Yield 0.00% 0.00% 16.25% 58.57%

Dividend Distribution Analysis

RTLEX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Annually

Net Income Ratio Analysis

RTLEX Category Low Category High RTLEX % Rank
Net Income Ratio 0.73% -3.93% 3.34% 76.21%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

RTLEX - Fund Manager Analysis

Managers

Kevin Divney


Start Date

Tenure

Tenure Rank

Apr 24, 2017

3.19

3.2%

Kevin Divney, Senior Portfolio Manager since April 2017. Prior to joining Russell Investments, Mr. Divney was the Founder and Chief Investment Officer of Beaconcrest Capital Management, a registered investment adviser providing absolute return, long-short, and long-only concentrated equity portfolios. Before that, Mr. Divney was CIO of Mid Cap Growth at Putnam Investments. Mr. Divney has researched and invested in US equities using both quantitative and fundamental approaches since 1993. Mr. Divney graduated from Northeastern University with and MBA, and holds a B.A in Economics from Boston University. Mr. Divney is also a CFA Charter holder and a member of the CFA Institute and Boston Security Analysts Society.

Megan Roach


Start Date

Tenure

Tenure Rank

Mar 15, 2019

1.3

1.3%

Megan Roach, Portfolio Manager since March 2015. Ms. Roach was Head of Research from May 2013 to March 2015. From 2004 to 2013, Ms. Roach was a Senior Research Analyst.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 33.98 6.23 0.5