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Morningstar

Russell Inv Multi-Strategy Income A RMYAX

Morningstar Medalist Rating
Medalist Rating as of | See Russell Investments Investment Hub
  • NAV / 1-Day Return 9.11  /  −0.11 %
  • Total Assets 311.9 Mil
  • Adj. Expense Ratio
    1.030%
  • Expense Ratio 1.030%
  • Distribution Fee Level Above Average
  • Share Class Type Front Load
  • Category Moderately Conservative Allocation
  • Investment Style Large Blend
  • Credit Quality / Interest Rate Sensitivity —
  • Status Open
  • TTM Yield 4.68%
  • Turnover 79%

USD | NAV as of Apr 18, 2024 | 1-Day Return as of Apr 18, 2024, 10:21 PM GMT+0

Morningstar’s Analysis RMYAX

Will RMYAX 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 RMYAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the RMYAX 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 RMYAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Weakness in Russell Inv Multi-Strategy Income A'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 second-costliest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings RMYAX

More RMYAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 5.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

U.S. Cash Management Fund

6.58 20.5 Mil
Cash and Equivalents

Us Dollar

2.96 9.2 Mil
Cash and Equivalents

Credit Default Swap

1.23 3.8 Mil
Derivative

Real Alloy

0.98 3.1 Mil
—

Microsoft Corp

0.70 2.2 Mil
Technology

Prologis Inc

0.60 1.9 Mil
Real Estate

Pound Sterling

0.59 1.8 Mil
Cash and Equivalents

Welltower Inc

0.52 1.6 Mil
Real Estate

Digital Realty Trust Inc

0.48 1.5 Mil
Real Estate

Equinix Inc

0.47 1.5 Mil
Real Estate