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Morningstar

Russell Inv Investment Grade Bond C RFACX

Morningstar Medalist Rating
Medalist Rating as of | See Russell Investments Investment Hub
  • NAV / 1-Day Return 17.36  /  0.06 %
  • Total Assets 1.1 Bil
  • Adj. Expense Ratio
    1.520%
  • Expense Ratio 1.520%
  • Distribution Fee Level Above Average
  • Share Class Type Level Load
  • Category Intermediate Core Bond
  • Credit Quality / Interest Rate Sensitivity Medium / Moderate
  • Min. Initial Investment —
  • Status Open
  • TTM Yield 2.20%
  • Effective Duration 6.47 years

USD | NAV as of Sep 29, 2023 | 1-Day Return as of Sep 29, 2023, 10:17 PM GMT+0

Morningstar’s Analysis RFACX

Will RFACX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable RFACX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the RFACX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

Parent Pillar

The Parent Pillar is our rating of RFACX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Weakness in Russell Inv Investment Grade Bond C's People and Process Pillar ratings limits this strategy to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings RFACX

More RFACX Holdings
  • Current Portfolio Date
  • Equity Holdings 1
  • Bond Holdings 705
  • Other Holdings 14
  • % Assets in Top 10 Holdings 21.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Notes 4.125%

9.88
103,132,552
Government

U.S. Cash Management Fund

5.90
61,585,687
Cash and Equivalents

United States Treasury Notes 0.375%

2.27
23,671,670
Government

United States Treasury Notes 2%

1.73
18,109,602
Government

United States Treasury Notes 0.25%

1.28
13,325,664
Government

United States Treasury Notes 0.25%

1.10
11,492,906
Government

United States Treasury Notes 2%

1.05
10,917,207
Government

United States Treasury Notes 2.25%

1.03
10,737,271
Government

United States Treasury Notes 0.25%

0.92
9,560,852
Government

United States Treasury Notes 2.375%

0.91
9,484,336
Government