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Growth Strategy Fund
mutual fund
RALUX
Payout Change
Pending
Price as of:
$13.14
-0.06
-0.45%
primary theme
N/A
share class
RALUX (Mutual Fund)
Growth Strategy Fund
Payout Change
Pending
Price as of:
$13.14
-0.06
-0.45%
primary theme
N/A
share class
RALUX (Mutual Fund)
Growth Strategy Fund
Payout Change
Pending
Price as of:
$13.14
-0.06
-0.45%
primary theme
N/A
share class
Name
As of 12/10/2024Price
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
15.8%
1 yr return
19.8%
3 Yr Avg Return
4.8%
5 Yr Avg Return
7.6%
Net Assets
$637 M
Holdings in Top 10
96.1%
52 WEEK LOW AND HIGH
$13.2
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.36%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 61.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/10/2024Price
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
RALUX - Profile
Distributions
- YTD Total Return 15.8%
- 3 Yr Annualized Total Return 4.8%
- 5 Yr Annualized Total Return 7.6%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 2.05%
- Dividend Yield 2.0%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameGrowth Strategy Fund
-
Fund Family NameRussell Investment Company
-
Inception DateOct 01, 2014
-
Shares OutstandingN/A
-
Share ClassR4
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerVenkat Kopanathi
Fund Description
The Fund is a “fund of funds,” which seeks to achieve its objective by investing in a combination of several other Russell Investment Company (“RIC”) funds (the “Underlying Funds”). Russell Investment Management, LLC (“RIM”), the Fund’s investment adviser, intends the Fund’s strategy of investing in a combination of Underlying Funds to result in investment diversification that an investor could otherwise achieve only by holding numerous individual investments. You may invest directly in the Underlying Funds in which the Fund invests. The Fund’s approximate target strategic asset allocation as of March 1, 2024 is 72% to equity, 14.5% to fixed income, 8% to multi-asset and 5.5% to alternative asset classes. As a result of its investments in the Underlying Funds, the Fund indirectly invests principally in U.S. and non-U.S. equity and fixed income securities and derivatives. Alternative Underlying Funds pursue investment strategies that differ from those of traditional broad market equity or fixed income funds. The Multifactor U.S. Equity, Multifactor International Equity and Long Duration Bond Underlying Funds are managed directly by RIM, the Fund's investment adviser. For all other Underlying Funds, RIM employs a multi-manager approach whereby most assets of the Underlying Funds are allocated to the strategies of different unaffiliated money managers. RIM considers this Fund to be a “growth”fund due to its investment objective and asset allocation to equity and alternative Underlying Funds.
RIM may modify the target strategic asset allocation for any Fund, including changes to the Underlying Funds in which a Fund invests, from time to time. RIM’s allocation decisions are generally based on RIM’s outlook on the business and economic cycle, relative market valuations and market sentiment. RIM may change the Fund’s target strategic asset allocation by up to +/- 5% at the equity, fixed income, multi-asset or alternative asset class level based on RIM’s capital markets research. A Fund’s actual allocation may vary from the target strategic asset allocation at any point in time due to market movements, and/or due to the implementation over a period of time of a change to the target strategic asset allocation including the addition of a new Underlying Fund. The Fund’s target strategic asset allocation and the Underlying Funds in which the Fund may invest may be changed from time to time without shareholder notice or approval.
Please refer to the “Investment Objective and Investment Strategies” section in the Fund’s Prospectus for further information.
RALUX - Performance
Return Ranking - Trailing
| Period | RALUX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 15.8% | 2.7% | 26.6% | 42.21% |
| 1 Yr | 19.8% | 4.9% | 38.3% | 42.56% |
| 3 Yr | 4.8%* | -8.4% | 11.5% | 51.96% |
| 5 Yr | 7.6%* | 2.0% | 13.8% | 70.50% |
| 10 Yr | 6.4%* | 1.2% | 11.9% | 80.84% |
* Annualized
Return Ranking - Calendar
| Period | RALUX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 15.8% | -6.9% | 29.3% | 14.58% |
| 2022 | -19.9% | -37.4% | -8.2% | 39.86% |
| 2021 | -0.6% | -9.8% | 25.4% | 97.10% |
| 2020 | 5.5% | -21.0% | 25.4% | 59.77% |
| 2019 | 8.8% | -8.3% | 27.9% | 91.73% |
Total Return Ranking - Trailing
| Period | RALUX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 15.8% | 2.7% | 26.6% | 42.21% |
| 1 Yr | 19.8% | 4.9% | 38.3% | 42.56% |
| 3 Yr | 4.8%* | -8.4% | 11.5% | 51.96% |
| 5 Yr | 7.6%* | 2.0% | 13.8% | 70.50% |
| 10 Yr | 6.4%* | 1.2% | 11.9% | 80.84% |
* Annualized
Total Return Ranking - Calendar
| Period | RALUX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 17.4% | -0.9% | 33.0% | 40.28% |
| 2022 | -16.5% | -36.0% | -0.9% | 56.58% |
| 2021 | 17.8% | -7.8% | 33.9% | 22.83% |
| 2020 | 6.4% | -16.2% | 25.4% | 80.84% |
| 2019 | 15.7% | 7.3% | 34.8% | 95.28% |
NAV & Total Return History
RALUX - Holdings
Concentration Analysis
| RALUX | Category Low | Category High | RALUX % Rank | |
|---|---|---|---|---|
| Net Assets | 637 M | 1.43 M | 120 B | 64.71% |
| Number of Holdings | 12 | 4 | 2696 | 82.70% |
| Net Assets in Top 10 | 600 M | 1.28 M | 27.7 B | 56.75% |
| Weighting of Top 10 | 96.08% | 19.7% | 118.4% | 14.88% |
Top 10 Holdings
- Global Equity Fund 29.06%
- Multifactor U.S. Equity Fund 17.48%
- U.S. Strategic Equity Fund 9.00%
- Strategic Bond Fund 8.99%
- Multi-Asset Growth Strategy Fund 7.99%
- Multifactor International Equity Fund 7.54%
- U.S. Small Cap Equity Fund 4.52%
- Emerging Markets Fund 4.49%
- Long Duration Bond Fund 3.52%
- Global Real Estate Securities Fund 3.49%
Asset Allocation
| Weighting | Return Low | Return High | RALUX % Rank | |
|---|---|---|---|---|
| Stocks | 100.07% | 0.00% | 100.10% | 3.81% |
| Convertible Bonds | 1.46% | 0.00% | 26.48% | 12.20% |
| Preferred Stocks | 0.00% | 0.00% | 16.57% | 91.70% |
| Other | 0.00% | -0.25% | 26.93% | 82.01% |
| Cash | 0.00% | 0.00% | 100.00% | 98.96% |
| Bonds | 0.00% | 0.00% | 102.71% | 92.73% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | RALUX % Rank | |
|---|---|---|---|---|
| Technology | 18.44% | 3.31% | 52.93% | 50.52% |
| Financial Services | 17.00% | 0.28% | 52.80% | 31.36% |
| Healthcare | 12.30% | 0.00% | 36.30% | 66.55% |
| Consumer Cyclical | 10.07% | 0.00% | 16.01% | 65.51% |
| Industrials | 9.02% | 1.16% | 32.55% | 81.88% |
| Real Estate | 8.11% | 0.00% | 33.86% | 17.42% |
| Communication Services | 7.66% | 0.00% | 26.62% | 36.59% |
| Consumer Defense | 6.44% | 0.00% | 14.86% | 63.07% |
| Energy | 4.60% | 0.00% | 29.22% | 52.61% |
| Basic Materials | 4.38% | 0.00% | 11.49% | 41.46% |
| Utilities | 2.00% | 0.00% | 31.67% | 86.41% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | RALUX % Rank | |
|---|---|---|---|---|
| US | 100.07% | 0.00% | 100.10% | 3.81% |
| Non US | 0.00% | 0.00% | 21.17% | 92.04% |
RALUX - Expenses
Operational Fees
| RALUX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.36% | 0.04% | 4.67% | 23.53% |
| Management Fee | 0.17% | 0.00% | 1.25% | 44.29% |
| 12b-1 Fee | 0.25% | 0.00% | 1.00% | 48.52% |
| Administrative Fee | 0.04% | 0.01% | 0.25% | 26.32% |
Sales Fees
| RALUX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 2.00% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| RALUX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.00% | 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.
| RALUX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 61.00% | 4.00% | 236.00% | 77.29% |
RALUX - Distributions
Dividend Yield Analysis
| RALUX | Category Low | Category High | RALUX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 1.97% | 0.00% | 10.22% | 73.70% |
Dividend Distribution Analysis
| RALUX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Quarterly | Annual | Quarterly | Annual |
Net Income Ratio Analysis
| RALUX | Category Low | Category High | RALUX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 2.05% | -1.12% | 6.07% | 14.64% |
Capital Gain Distribution Analysis
| RALUX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Oct 03, 2024 | $0.065 | OrdinaryDividend |
| Apr 02, 2024 | $0.068 | OrdinaryDividend |
| Jul 06, 2023 | $0.094 | OrdinaryDividend |
| Apr 05, 2023 | $0.057 | OrdinaryDividend |
| Dec 20, 2022 | $0.311 | CapitalGainLongTerm |
| Oct 05, 2022 | $0.022 | OrdinaryDividend |
| Jul 06, 2022 | $0.002 | OrdinaryDividend |
| Apr 05, 2022 | $0.092 | OrdinaryDividend |
| Dec 21, 2021 | $2.089 | OrdinaryDividend |
| Oct 05, 2021 | $0.025 | OrdinaryDividend |
| Jul 06, 2021 | $0.112 | OrdinaryDividend |
| Apr 06, 2021 | $0.030 | OrdinaryDividend |
| Dec 22, 2020 | $0.007 | CapitalGainLongTerm |
| Oct 05, 2020 | $0.005 | OrdinaryDividend |
| Jul 06, 2020 | $0.034 | OrdinaryDividend |
| Apr 03, 2020 | $0.039 | OrdinaryDividend |
| Dec 20, 2019 | $0.148 | OrdinaryDividend |
| Dec 20, 2019 | $0.034 | CapitalGainShortTerm |
| Dec 20, 2019 | $0.565 | CapitalGainLongTerm |
| Dec 21, 2018 | $0.601 | OrdinaryDividend |
| Dec 21, 2018 | $0.130 | CapitalGainLongTerm |
| Jul 05, 2018 | $0.028 | OrdinaryDividend |
| Dec 22, 2017 | $0.305 | OrdinaryDividend |
| Dec 22, 2017 | $0.007 | CapitalGainShortTerm |
| Dec 22, 2017 | $0.418 | CapitalGainLongTerm |
| Apr 05, 2017 | $0.044 | OrdinaryDividend |
| Dec 21, 2016 | $0.201 | OrdinaryDividend |
| Dec 21, 2016 | $0.311 | CapitalGainLongTerm |
| Oct 05, 2016 | $0.019 | OrdinaryDividend |
| Jul 06, 2016 | $0.033 | OrdinaryDividend |
| Apr 05, 2016 | $0.031 | OrdinaryDividend |
| Dec 23, 2015 | $0.122 | OrdinaryDividend |
| Oct 06, 2015 | $0.006 | OrdinaryDividend |
| Jul 07, 2015 | $0.004 | OrdinaryDividend |
| Apr 07, 2015 | $0.033 | OrdinaryDividend |
| Dec 29, 2014 | $0.251 | OrdinaryDividend |
| Oct 06, 2014 | $0.006 | OrdinaryDividend |
RALUX - Fund Manager Analysis
Managers
Venkat Kopanathi
Start Date
Tenure
Tenure Rank
Jun 08, 2021
0.98
1.0%
Venkat Kopanathi is portfolio manager specialized under multi-asset
Rob Balkema
Start Date
Tenure
Tenure Rank
Apr 12, 2022
0.13
0.1%
Rob Balkema, CFA Portfolio Manager, Multi-Asset Solutions Rob Balkema is a portfolio manager working on Russell Investments’ multi-asset funds, based in New York. In this role, Rob manages Russell Investments’ fiduciary solutions mandates which integrate Russell Investments’ equity, fixed income, real asset and alternative capabilities globally. He is tasked with creating strategic asset allocations for the portfolios, selecting active strategies or passive alternatives to populate asset classes and dynamically positioning the total portfolio in order to help clients achieve their objectives. Prior to his current role, Rob was a senior analyst in the investment process and risk group. In this role, Rob focused on improving the measurement, evaluation and enhancement of Russell Investments’ portfolio management practice. From 2006 until 2009, Rob was based in Seattle as a member of the global equity team, serving in multiple capacities. He was responsible for evaluating asset management firms worldwide that offer global, international and emerging market equity mandates and supported portfolio managers in the structuring and monitoring of Russell Investments’ global equity strategies. Rob holds a B.A. in Economics from Harvard College and holds a Chartered Financial Analyst® designation.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 38.44 | 7.38 | 2.41 |
