RSYTX: Russell Inv Strategic Bond M

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RSYTX Russell Inv Strategic Bond M


Profile

RSYTX - Profile

Vitals

  • YTD Return 3.3%
  • 3 Yr Annualized Return 2.1%
  • 5 Yr Annualized Return N/A
  • Net Assets $3.29 B
  • Holdings in Top 10 40.6%

52 WEEK LOW AND HIGH

$11.46
$10.45
$11.63

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.75%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 112.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return 3.3%
  • 3 Yr Annualized Total Return 2.1%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 2.86%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Russell Investments Strategic Bond Fund
  • Fund Family Name
    Russell
  • Inception Date
    Mar 16, 2017
  • Shares Outstanding
    N/A
  • Share Class
    M
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Gerard Fitzpatrick

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 bonds. Russell Investment Management, LLC provides or oversees the provision of all investment advisory and portfolio management services for the fund.


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Categories

Performance

RSYTX - Performance

Return Ranking - Trailing

Period RSYTX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.3% -31.5% 944.5% 15.45%
1 Yr 5.3% -25.3% 972.2% 21.13%
3 Yr 2.1%* -10.4% 120.2% 10.49%
5 Yr N/A* -5.3% 60.1% 7.70%
10 Yr N/A* -5.1% 3.6% 6.78%

* Annualized

Return Ranking - Calendar

Period RSYTX Return Category Return Low Category Return High Rank in Category (%)
2019 5.6% -1.7% 18.3% 25.39%
2018 -3.0% -12.4% 0.8% 62.36%
2017 N/A -6.0% 20.3% N/A
2016 N/A -7.8% 8.6% N/A
2015 N/A -18.3% 3.0% N/A

Total Return Ranking - Trailing

Period RSYTX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.3% -31.5% 944.5% 15.45%
1 Yr 5.3% -25.3% 972.2% 20.99%
3 Yr 2.1%* -7.3% 120.2% 16.91%
5 Yr N/A* -5.3% 60.1% 7.98%
10 Yr N/A* -5.1% 6.8% 7.67%

* Annualized

Total Return Ranking - Calendar

Period RSYTX Return Category Return Low Category Return High Rank in Category (%)
2019 5.6% -1.7% 18.3% 26.30%
2018 -3.0% -11.7% 3.1% 69.44%
2017 N/A -6.0% 27.0% N/A
2016 N/A -7.8% 10.7% N/A
2015 N/A -14.2% 4.2% N/A

NAV & Total Return History


Holdings

RSYTX - Holdings

Concentration Analysis

RSYTX Category Low Category High RSYTX % Rank
Net Assets 3.29 B 634 K 264 B 19.93%
Number of Holdings 2071 1 17920 5.58%
Net Assets in Top 10 -24.8 M -587 M 20.8 B 98.52%
Weighting of Top 10 40.62% 2.3% 100.0% 18.03%

Top 10 Holdings

Asset Allocation

Weighting Return Low Return High RSYTX % Rank
Bonds
90.46% 71.08% 157.69% 88.06%
Cash
8.99% -57.68% 27.48% 9.12%
Convertible Bonds
0.54% 0.00% 6.53% 39.65%
Stocks
0.01% -0.38% 18.10% 8.13%
Preferred Stocks
0.01% 0.00% 9.11% 15.58%
Other
0.00% -27.60% 31.83% 32.76%

Bond Sector Breakdown

Weighting Return Low Return High RSYTX % Rank
Securitized
28.81% 0.00% 98.72% 28.76%
Government
27.45% -2.21% 100.00% 23.67%
Corporate
22.10% 0.00% 99.41% 41.27%
Derivative
13.79% -0.83% 31.72% 1.20%
Cash & Equivalents
7.84% -26.49% 24.02% 14.70%
Municipal
0.00% 0.00% 100.11% 83.85%

Bond Geographic Breakdown

Weighting Return Low Return High RSYTX % Rank
US
104.16% 58.40% 150.78% 2.90%
Non US
-13.70% -38.91% 29.50% 99.82%

Expenses

RSYTX - Expenses

Operational Fees

RSYTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.75% 0.01% 34.57% 51.38%
Management Fee 0.48% 0.00% 1.25% 78.67%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.05% 0.00% 0.50% 20.02%

Sales Fees

RSYTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.50% 5.75% N/A
Deferred Load N/A 0.25% 5.50% N/A

Trading Fees

RSYTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 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.

RSYTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 112.00% 0.00% 489.00% 79.32%

Distributions

RSYTX - Distributions

Dividend Yield Analysis

RSYTX Category Low Category High RSYTX % Rank
Dividend Yield 0.00% 0.00% 6.17% 41.73%

Dividend Distribution Analysis

RSYTX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

RSYTX Category Low Category High RSYTX % Rank
Net Income Ratio 2.86% -0.71% 6.02% 32.20%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

RSYTX - Fund Manager Analysis

Managers

Gerard Fitzpatrick


Start Date

Tenure

Tenure Rank

Aug 01, 2011

8.75

8.8%

Gerard Fitzpatrick, Chief Investment Officer of Fixed Income since November 2013. Mr. Fitzpatrick was a Portfolio Manager from October 2007 to November 2013. Prior to joining Russell, Mr. Fitzpatrick was the CEO of West End Capital Advisors Ltd from 2004-2007.

Keith Brakebill


Start Date

Tenure

Tenure Rank

Sep 12, 2013

6.64

6.6%

Keith Brakebill, Senior Portfolio Manager since November 2013. Keith was a Portfolio Manager from August 2011 to November 2013. He joined Russell Investment Management, LLC (RIM) in 2007. Prior to joining Russell, Keith graduated summa cum laude from the University of Tennessee’s college scholars program and continued his studies in the international policy studies program at Stanford University, where he also assisted in teaching undergraduate economics courses. Keith is fluent in Spanish and proficient in Portuguese. Keith holds an M.A. in International Policy Studies from Stanford University, and a B.A. (summa cum laude), from College Scholars, University of Tennessee. He is also a CFA® Charterholder.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 33.44 7.42 0.33