RTXAX: Russell Tax-Managed Real Assets A

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RTXAX Russell Tax-Managed Real Assets A


Profile

RTXAX - Profile

Vitals

  • YTD Return 2.5%
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $465 M
  • Holdings in Top 10 16.5%

52 WEEK LOW AND HIGH

$10.87
$9.68
$10.87

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.51%

SALES FEES

  • Front Load 5.75%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 29.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA N/A

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style World Allocation

Distributions

  • YTD Total Return 2.5%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 1.75%
DIVIDENDS
  • Dividend Yield 0.8%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Russell Tax-Managed Real Assets Fund
  • Fund Family Name
    Russell
  • Inception Date
    Jun 10, 2019
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Patrick Nikodem

Fund Description

The fund has a non-fundamental policy to invest, under normal circumstances, at least 80% of its net assets plus borrowings for investment purposes in investments related to real assets and real asset companies. It seeks to realize capital growth while considering shareholder tax consequences arising from its portfolio management activities.


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Categories

Performance

RTXAX - Performance

Return Ranking - Trailing

Period RTXAX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.5% -63.0% 3.5% 12.00%
1 Yr N/A -63.0% 12.5% N/A
3 Yr N/A* -28.2% 6.7% N/A
5 Yr N/A* -18.0% 5.2% N/A
10 Yr N/A* -1.3% 5.8% N/A

* Annualized

Return Ranking - Calendar

Period RTXAX Return Category Return Low Category Return High Rank in Category (%)
2019 N/A 0.0% 18.1% N/A
2018 N/A -25.7% 0.0% N/A
2017 N/A 0.0% 18.2% N/A
2016 N/A -7.7% 19.0% N/A
2015 N/A -21.2% 0.0% N/A

Total Return Ranking - Trailing

Period RTXAX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.5% -63.0% 3.5% 12.00%
1 Yr N/A -63.0% 12.5% N/A
3 Yr N/A* -28.2% 7.3% N/A
5 Yr N/A* -18.0% 6.0% N/A
10 Yr N/A* 1.0% 7.5% N/A

* Annualized

Total Return Ranking - Calendar

Period RTXAX Return Category Return Low Category Return High Rank in Category (%)
2019 N/A 0.0% 18.1% N/A
2018 N/A -25.7% 0.0% N/A
2017 N/A 0.0% 21.5% N/A
2016 N/A 0.0% 19.8% N/A
2015 N/A -20.2% 0.6% N/A

NAV & Total Return History


Holdings

RTXAX - Holdings

Concentration Analysis

RTXAX Category Low Category High RTXAX % Rank
Net Assets 465 M 2.99 M 49.6 B 45.54%
Number of Holdings 332 3 761 30.77%
Net Assets in Top 10 75.1 M 0 12.2 B 58.24%
Weighting of Top 10 16.45% 0.0% 176.9% 97.80%

Top 10 Holdings

  1. Prologis Inc 2.59%
  2. Equinix Inc 2.33%
  3. Transurban Group 1.94%
  4. NextEra Energy Inc 1.63%
  5. Equity Residential 1.58%
  6. Welltower Inc 1.38%
  7. Freeport-McMoRan Inc 1.33%
  8. Alexandria Real Estate Equities Inc 1.28%
  9. Equity Lifestyle Properties Inc 1.20%
  10. Aena SME SA 1.18%

Asset Allocation

Weighting Return Low Return High RTXAX % Rank
Stocks
96.27% 0.00% 259.02% 14.00%
Cash
3.72% 0.00% 80.09% 75.82%
Preferred Stocks
0.00% 0.00% 2.12% 98.90%
Other
0.00% 0.00% 19.91% 100.00%
Convertible Bonds
0.00% 0.00% 0.30% 98.90%
Bonds
0.00% -235.37% 19.68% 92.00%

Stock Sector Breakdown

Weighting Return Low Return High RTXAX % Rank
Real Estate
40.49% 0.00% 50.28% 16.85%
Energy
14.52% 0.01% 51.36% 23.60%
Industrials
14.20% 3.80% 29.81% 21.35%
Basic Materials
14.07% 1.16% 36.84% 19.10%
Utilities
11.34% 0.00% 11.34% 4.49%
Consumer Defense
1.51% 0.02% 12.65% 86.52%
Technology
1.46% 0.08% 23.46% 85.39%
Financial Services
1.29% 0.00% 27.48% 97.75%
Consumer Cyclical
1.11% 1.11% 24.34% 100.00%
Healthcare
0.00% 0.00% 17.48% 100.00%
Communication Services
0.00% 0.00% 26.80% 100.00%

Stock Geographic Breakdown

Weighting Return Low Return High RTXAX % Rank
US
57.95% -0.17% 65.72% 8.79%
Non US
38.32% 0.00% 59.80% 78.02%

Expenses

RTXAX - Expenses

Operational Fees

RTXAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.51% 0.22% 2.89% 29.47%
Management Fee 0.85% 0.00% 1.60% 85.15%
12b-1 Fee 0.25% 0.00% 1.00% 62.90%
Administrative Fee N/A 0.04% 0.25% N/A

Sales Fees

RTXAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.75% 3.75% 5.75% 31.58%
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

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

RTXAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 29.00% 0.00% 268.00% 32.29%

Distributions

RTXAX - Distributions

Dividend Yield Analysis

RTXAX Category Low Category High RTXAX % Rank
Dividend Yield 0.82% 0.00% 9.83% 14.85%

Dividend Distribution Analysis

RTXAX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Monthly Monthly

Net Income Ratio Analysis

RTXAX Category Low Category High RTXAX % Rank
Net Income Ratio 1.75% -1.06% 4.76% 52.08%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

RTXAX - Fund Manager Analysis

Managers

Patrick Nikodem


Start Date

Tenure

Tenure Rank

Jun 10, 2019

0.64

0.6%

Patrick Nikodem, Portfolio Manager since March 2015. Mr. Nikodem was an Associate Portfolio Manager from September 2008 to February 2015.

Vic Leverett


Start Date

Tenure

Tenure Rank

Jun 10, 2019

0.64

0.6%

Vic Leverett is Managing Director of Alternative Investments since 2008 at Russell Investments.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 17.12 5.58 7.5