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Morningstar

Russell Inv Short Duration Bond Y RSBYX

Morningstar Medalist Rating
Medalist Rating as of | See Russell Investments Investment Hub
  • NAV / 1-Day Return 18.43  /  0.22 %
  • Total Assets 387.7 Mil
  • Adj. Expense Ratio
    0.480%
  • Expense Ratio 0.480%
  • Distribution Fee Level Above Average
  • Share Class Type Institutional
  • Category Short-Term Bond
  • Credit Quality / Interest Rate Sensitivity Medium / Limited
  • Min. Initial Investment 10,000,000
  • Status Open
  • TTM Yield 2.48%
  • Effective Duration 2.09 years

USD | NAV as of Nov 28, 2023 | 1-Day Return as of Nov 28, 2023, 10:54 PM GMT+0

Morningstar’s Analysis RSBYX

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

People Pillar

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

The combination of an Average People Pillar rating and a Below Average Process Pillar rating limit Russell Inv Short Duration Bond Y to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a sizable cost advantage over competitors, priced within the second-lowest fee quintile among peers.

by Morningstar Manager Research
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Portfolio Holdings RSBYX

More RSBYX Holdings
  • Current Portfolio Date
  • Equity Holdings 1
  • Bond Holdings 708
  • Other Holdings 57
  • % Assets in Top 10 Holdings 22.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

2 Year Treasury Note Future Dec 23

18.64
106,676,329
Government

Interest Rate Swap

5.01
28,696,930
Government

U.S. Cash Management Fund

3.34
19,102,391
Cash and Equivalents

3 Month SOFR Future Dec 25

3.14
17,973,750
Government

United States Treasury Notes 4.25%

2.60
14,868,984
Government

10 Year Treasury Note Future Dec 23

1.67
9,555,469
Government

3 Month SOFR Future Dec 24

1.46
8,343,562
Government

United States Treasury Notes 0.75%

1.38
7,902,941
Government

United States Treasury Notes 3.5%

1.11
6,338,477
Government

United States Treasury Notes 1.5%

1.09
6,233,398
Government