Russell Investments Investment Grade Bond Fund (RFAAX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
18.53
-0.03 (-0.16%)
Oct 3, 2025, 4:00 PM EDT
-0.16%
Fund Assets1.03B
Expense Ratio0.80%
Min. Investment$0.00
Turnover77.00%
Dividend (ttm)0.84
Dividend Yield4.38%
Dividend Growth36.02%
Payout FrequencyMonthly
Ex-Dividend DateOct 2, 2025
Previous Close18.56
YTD Return5.22%
1-Year Return2.94%
5-Year Return-5.48%
52-Week Low17.69
52-Week High18.66
Beta (5Y)n/a
Holdings884
Inception DateJun 1, 2010

About RFAAX

Russell Investments Investment Grade Bond Fund Class A is a mutual fund specializing in investment-grade fixed-income securities. Its primary purpose is to generate current income while preserving capital by investing at least 80% of its assets in high-quality U.S. bonds, including government, corporate, and securitized debt instruments. The fund targets an average weighted maturity that typically aligns with the broader U.S. bond market, making it suitable for investors seeking moderate interest-rate risk and diversification away from equities. Notable features include a broad portfolio of over 800 securities and regular monthly dividend payouts, supporting a steady cash flow for investors. With a focus on intermediate-term bonds, the fund maintains a portfolio duration around six years and reflects exposure to sectors such as U.S. Treasuries, agency mortgage-backed securities, and investment-grade corporates. Managed by Russell Investments, this fund is often used as a core fixed-income holding within diversified investment strategies, given its emphasis on credit quality and role as a potential stabilizer during equity market volatility.

Fund Family Russell
Category Intermediate Core Bond
Stock Exchange NASDAQ
Ticker Symbol RFAAX
Share Class Class A
Index Bloomberg U.S. Aggregate Bond TR

Performance

RFAAX had a total return of 2.94% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.92%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

SymbolProviderNameExpense Ratio
FGBPXFidelityFidelity Advisor Investment Gr Bd I0.50%
FSMTXFidelityFidelity SAI Total Bond0.29%
FGBCXFidelityFidelity Advisor Investment Gr Bd C1.52%
FGBTXFidelityFidelity Advisor Investment Gr Bd M0.74%
FTKFXFidelityFidelity Total Bond K60.30%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

SymbolShare ClassExpense Ratio
RFAYXClass Y0.35%
RIGRXClass R60.38%
RIWTXClass M0.41%
RFATXClass S0.51%

Top 10 Holdings

35.64% of assets
NameSymbolWeight
Ultra 10 Year US Treasury Note Future Dec 25n/a9.71%
U.S. Cash Management Fundn/a6.71%
2 Year Treasury Note Future Dec 25n/a6.28%
10 Year Treasury Note Future Dec 25n/a5.09%
5 Year Treasury Note Future Dec 25n/a2.56%
Ultra US Treasury Bond Future Dec 25n/a2.10%
10 Year Australian Treasury Bond Future Sept 25n/a0.88%
US Treasury Bond Future Dec 25n/a0.79%
Government National Mortgage Association 5.5%G2SF.5.5 9.110.77%
United States Treasury Notes 4.25%T.4.25 01.15.280.74%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Oct 2, 2025$0.0611Oct 3, 2025
Sep 3, 2025$0.0631Sep 4, 2025
Aug 4, 2025$0.0639Aug 5, 2025
Jul 2, 2025$0.0502Jul 3, 2025
Jun 3, 2025$0.0591Jun 4, 2025
May 2, 2025$0.0552May 5, 2025
Full Dividend History