Russell Inv International Devd Mkts E
Name
As ofPrice
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
-14.9%
1 yr return
-7.8%
3 Yr Avg Return
-6.6%
5 Yr Avg Return
-2.7%
Net Assets
$1.77 B
Holdings in Top 10
45.6%
52 WEEK LOW AND HIGH
N/A
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.25%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 58.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As ofPrice
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
RIFEX - Profile
Distributions
- YTD Total Return -14.9%
- 3 Yr Annualized Total Return -6.6%
- 5 Yr Annualized Total Return -2.7%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 2.12%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameRussell Investments International Developed Markets Fund
-
Fund Family NameRussell
-
Inception DateMay 14, 1999
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUnited States
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 companies that are located in countries (other than the U.S.) with developed markets or that are economically tied to such countries. The Fund invests principally in equity securities, including common stocks and preferred stocks, issued by companies incorporated in developed markets outside the U.S. and in depositary receipts. The Fund’s securities are denominated principally in foreign currencies and are typically held outside the U.S. The Fund may invest a portion of its assets in equity securities of companies that are economically tied to emerging market countries. The Fund considers the following countries to have developed markets: Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, Japan, Luxembourg, the Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland, the United Kingdom and the United States. As a general rule, the Fund considers emerging market countries to include every other country. The Fund invests principally in large and medium capitalization companies, but may also invest in small capitalization companies. The Fund defines large and medium capitalization stocks as stocks of those companies represented by the MSCI World ex USA Index or within the capitalization range of the MSCI World ex USA Index.
Russell Investment Management, LLC (“RIM”) provides or oversees the provision of all investment advisory and portfolio management services for the Fund. The Fund is advised by RIM and multiple money managers unaffiliated with RIM pursuant to a multi-style (e.g., growth, value, market-oriented and defensive) and multi-manager approach. RIM may change a Fund's asset allocation at any time. The Fund's money managers have non-discretionary asset management assignments pursuant to which they provide a model portfolio to RIM representing their investment recommendations, based upon which RIM purchases and sells securities for the Fund. For Fund assets not allocated to money manager strategies, RIM utilizes quantitative and/or rules-based processes and qualitative analysis to assess Fund characteristics and invest in securities and instruments which provide the desired exposures. RIM may use strategies based on indexes. RIM also manages the Fund's cash balances. The Fund usually, but not always, pursues a strategy to be fully invested by exposing all or a portion of its cash to the performance of appropriate markets by purchasing equity securities and/or derivatives, which typically include index futures contracts and forward currency contracts. The Fund may use derivatives, including stock options, country index futures and swaps or currency forwards, to (1) manage country and currency exposure as a substitute for holding securities directly or (2) facilitate the implementation of its investment strategy. The
Fund may use derivatives to take both long and short positions. The Fund may invest in synthetic foreign equity securities, which may be referred to as international warrants, local access products, participation notes or low exercise price warrants. International warrants are a form of derivative security issued by foreign banks that either give holders the right to buy or sell an underlying security or securities for a particular price or give holders the right to receive cash payment relating to the value of the underlying security or securities. Local access products are similar to options in that they are exercisable by the holder for an underlying security or the value of that security, but are generally exercisable over a longer term than typical options.
The Fund may at times seek to protect a portion of its investments against adverse currency exchange rate changes by purchasing forward currency contracts and may engage in currency transactions for speculative purposes. The Fund may also invest a portion of its assets in securities of companies, known as real estate investment trusts (“REITs”), that own and/or manage properties. Please refer to the “Investment Objective and Investment Strategies” section in the Fund's Prospectus for further information.
RIFEX - Performance
Return Ranking - Trailing
Period | RIFEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -14.9% | -52.4% | 846.8% | 96.03% |
1 Yr | -7.8% | -48.7% | 899.2% | 90.19% |
3 Yr | -6.6%* | -21.8% | 111.7% | 92.30% |
5 Yr | -2.7%* | -11.1% | 64.5% | 96.48% |
10 Yr | 1.0%* | -6.0% | 6.5% | 67.06% |
* Annualized
Return Ranking - Calendar
Period | RIFEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 16.7% | -19.9% | 38.8% | 75.23% |
2022 | -22.0% | -50.2% | 0.0% | 76.20% |
2021 | 23.1% | -2.4% | 38.4% | 45.78% |
2020 | 0.0% | -23.2% | 14.4% | 33.46% |
2019 | -1.8% | -47.4% | 6.8% | 30.62% |
Total Return Ranking - Trailing
Period | RIFEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -14.9% | -52.4% | 846.8% | 96.03% |
1 Yr | -7.8% | -48.7% | 899.2% | 90.19% |
3 Yr | -6.6%* | -21.8% | 111.7% | 94.92% |
5 Yr | -2.7%* | -11.1% | 64.5% | 98.05% |
10 Yr | 1.0%* | -6.0% | 6.9% | 85.29% |
* Annualized
Total Return Ranking - Calendar
Period | RIFEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 16.7% | -19.9% | 38.8% | 75.23% |
2022 | -22.0% | -50.2% | 0.0% | 85.14% |
2021 | 23.1% | -0.1% | 38.4% | 71.26% |
2020 | 0.0% | -10.2% | 14.4% | 52.26% |
2019 | -1.8% | -28.8% | 7.7% | 46.26% |
RIFEX - Holdings
Concentration Analysis
RIFEX | Category Low | Category High | RIFEX % Rank | |
---|---|---|---|---|
Net Assets | 1.77 B | 155 K | 428 B | 29.53% |
Number of Holdings | 560 | 1 | 9941 | 20.62% |
Net Assets in Top 10 | 218 M | 0 | 46.1 B | 38.43% |
Weighting of Top 10 | 45.58% | 5.1% | 100.0% | 8.37% |
Top 10 Holdings
- MSCI Emerging Markets Index June20 10.04%
- MSCI EAFE Index Future June 20 8.38%
- Future on E-mini S&P 500 Future June 21 5.73%
- FTSE 100 Index Future June 20 4.51%
- Euro Stoxx 50 Call Jun20 4.18%
- Future on S&P Canada 60 Index 3.70%
- TOPIX Future June 20 2.61%
- SFE SPI 200 Index Future June20 2.32%
- Federal National Mortgage Association 2.12%
- Nestle SA 1.99%
Asset Allocation
Weighting | Return Low | Return High | RIFEX % Rank | |
---|---|---|---|---|
Stocks | 106.66% | 0.00% | 110.70% | 0.84% |
Bonds | 2.12% | -0.18% | 32.43% | 1.54% |
Preferred Stocks | 1.82% | -0.01% | 2.04% | 0.42% |
Other | 0.15% | -8.26% | 88.39% | 20.34% |
Convertible Bonds | 0.00% | 0.00% | 4.00% | 73.91% |
Cash | -10.74% | -124.99% | 100.00% | 98.60% |
Bond Sector Breakdown
Weighting | Return Low | Return High | RIFEX % Rank | |
---|---|---|---|---|
Cash & Equivalents | 66.02% | -0.32% | 100.00% | 88.73% |
Securitized | 18.28% | 0.00% | 18.28% | 0.14% |
Corporate | 15.70% | 0.00% | 100.00% | 2.57% |
Derivative | 0.00% | -0.12% | 99.02% | 76.32% |
Municipal | 0.00% | 0.00% | 7.48% | 71.04% |
Government | 0.00% | 0.00% | 94.96% | 73.18% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | RIFEX % Rank | |
---|---|---|---|---|
US | 2.12% | -0.18% | 19.08% | 1.40% |
Non US | 0.00% | 0.00% | 23.54% | 79.94% |
RIFEX - Expenses
Operational Fees
RIFEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.25% | 0.02% | 19.39% | 40.72% |
Management Fee | 0.70% | 0.00% | 1.35% | 53.62% |
12b-1 Fee | N/A | 0.00% | 1.00% | 10.82% |
Administrative Fee | 0.05% | 0.01% | 1.00% | 25.22% |
Sales Fees
RIFEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.50% | N/A |
Trading Fees
RIFEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 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.
RIFEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 58.00% | 0.00% | 426.00% | 72.96% |
RIFEX - Distributions
Dividend Yield Analysis
RIFEX | Category Low | Category High | RIFEX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 5.71% | 82.31% |
Dividend Distribution Analysis
RIFEX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annually | Annually | Quarterly | Annually |
Net Income Ratio Analysis
RIFEX | Category Low | Category High | RIFEX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.12% | -1.71% | 11.59% | 43.51% |
Capital Gain Distribution Analysis
RIFEX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 20, 2018 | $0.682 | |
Dec 21, 2017 | $0.496 | |
Dec 20, 2016 | $0.706 | |
Dec 22, 2015 | $0.312 | |
Dec 23, 2014 | $0.529 | |
Dec 24, 2013 | $0.694 | |
Dec 26, 2012 | $0.563 | |
Dec 27, 2011 | $0.429 | |
Dec 21, 2010 | $0.413 | |
Dec 22, 2009 | $0.982 | |
Aug 28, 2008 | $0.641 | |
Dec 20, 2005 | $0.664 | |
Dec 21, 2004 | $0.663 | |
Dec 23, 2003 | $0.937 | |
Dec 24, 2002 | $0.375 |