Russell Inv Emerging Markets Y (REMYX)
| Fund Assets | 753.17M |
| Expense Ratio | 1.01% |
| Min. Investment | $10,000,000 |
| Turnover | 66.00% |
| Dividend (ttm) | 0.44 |
| Dividend Yield | 2.28% |
| Dividend Growth | 10.95% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 18, 2024 |
| Previous Close | 19.32 |
| YTD Return | 21.16% |
| 1-Year Return | 19.98% |
| 5-Year Return | 28.55% |
| 52-Week Low | 14.61 |
| 52-Week High | 19.51 |
| Beta (5Y) | n/a |
| Holdings | 562 |
| Inception Date | Sep 26, 2008 |
About REMYX
Russell Investments Emerging Markets Fund Class Y is an open-end mutual fund that focuses on providing long-term capital growth by investing primarily in equity securities from emerging market economies. Its investment objective is to maximize total return, with an emphasis on capital appreciation, while accepting a higher level of volatility compared to developed market portfolios. The fund diversifies across a broad array of sectors and regions, holding more than 500 securities spanning Asia, Latin America, and other emerging markets. It utilizes a blend of growth and value strategies, investing in large-cap as well as mid- and small-cap companies economically tied to emerging markets. Notable holdings often include leading companies in technology, financial services, and consumer sectors. The fund is benchmarked against the MSCI Emerging Markets Index and is managed by a team employing both fundamental and quantitative research approaches. Its significant asset base and annual payout frequency make it a key vehicle for institutional and sophisticated investors seeking exposure to the dynamic and often less accessible markets outside the developed world.
Performance
REMYX had a total return of 19.98% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.16%.
Top 10 Holdings
26.87% of assets| Name | Symbol | Weight |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited | 2330 | 7.23% |
| Tencent Holdings Limited | 0700 | 4.45% |
| U.S. Cash Management Fund | n/a | 3.13% |
| Msci Emerging Markets Index Futures | n/a | 2.73% |
| Samsung Electronics Co., Ltd. | 005930 | 1.98% |
| Alibaba Group Holding Limited | BABAF | 1.78% |
| SK hynix Inc. | 000660 | 1.72% |
| HDFC Bank Limited | HDFCBANK | 1.37% |
| MediaTek Inc. | 2454 | 1.27% |
| Taiwan Semiconductor Manufacturing Company Limited | TSM | 1.23% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 18, 2024 | $0.4407 | Dec 19, 2024 |
| Dec 19, 2023 | $0.3972 | Dec 20, 2023 |
| Dec 16, 2022 | $0.3425 | Dec 19, 2022 |
| Dec 17, 2021 | $2.6879 | Dec 20, 2021 |
| Dec 18, 2020 | $0.1605 | Dec 21, 2020 |
| Dec 18, 2019 | $0.5222 | Dec 19, 2019 |