Russell Investments Investment Grade Bond Fund Class C (RFACX)
| Fund Assets | 1.01B |
| Expense Ratio | 1.55% |
| Min. Investment | $0.00 |
| Turnover | 82.00% |
| Dividend (ttm) | 0.77 |
| Dividend Yield | 4.37% |
| Dividend Growth | 15.06% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | May 4, 2026 |
| Previous Close | 17.62 |
| YTD Return | -1.12% |
| 1-Year Return | 3.29% |
| 5-Year Return | -7.70% |
| 52-Week Low | 17.61 |
| 52-Week High | 18.44 |
| Beta (5Y) | 0.24 |
| Holdings | 880 |
| Inception Date | Oct 22, 2007 |
About RFACX
Russell Investment Grade Bond Fund Class C is an actively managed mutual fund focused on intermediate-term, investment-grade bonds. Its primary objective is to provide investors with a diversified approach to U.S. fixed-income securities, primarily holding bonds rated as investment grade. The fund maintains exposure across government, corporate, and other high-quality bond sectors, aiming to balance income generation with capital preservation. Notable features include a focus on intermediate maturities, which helps manage interest rate risk, and broad diversification across issuers and industries, reducing concentration risk. The fund is designed for investors seeking a core bond holding with an emphasis on quality and stability, making it a key component in many diversified investment portfolios. With an asset-weighted low carbon risk score, the fund also appeals to those attentive to sustainability metrics within their fixed-income allocation.
Performance
RFACX had a total return of 3.29% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.88%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FGBPX | Fidelity | Fidelity Advisor Investment Grade Bond Fund - Class I | 0.50% |
| FSMTX | Fidelity | Fidelity SAI Total Bond Fund | 0.29% |
| FGBCX | Fidelity | Fidelity Advisor Investment Grade Bond Fund - Class C | 1.52% |
| FGBTX | Fidelity | Fidelity Advisor Investment Grade Bond Fund - Class M | 0.74% |
| FTKFX | Fidelity | Fidelity Total Bond K6 Fund | 0.30% |
Top 10 Holdings
33.97% of assets| Name | Symbol | Weight |
|---|---|---|
| Ultra 10 Year US Treasury Note Future June 26 | n/a | 7.33% |
| U.S. Cash Management Fund | n/a | 6.68% |
| 10 Year Treasury Note Future June 26 | n/a | 5.19% |
| 2 Year Treasury Note Future June 26 | n/a | 3.99% |
| Ultra US Treasury Bond Future June 26 | n/a | 2.94% |
| 5 Year Treasury Note Future June 26 | n/a | 2.20% |
| 10 Year Australian Treasury Bond Future June 26 | n/a | 2.03% |
| Eur260415 | n/a | 1.59% |
| Government National Mortgage Association 5% | G2SF.5 4.11 | 1.14% |
| Us Dollar | n/a | 0.89% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| May 4, 2026 | $0.0508 | May 5, 2026 |
| Apr 2, 2026 | $0.0504 | Apr 6, 2026 |
| Mar 3, 2026 | $0.0406 | Mar 4, 2026 |
| Feb 3, 2026 | $0.0297 | Feb 4, 2026 |
| Dec 17, 2025 | $0.2648 | Dec 18, 2025 |
| Dec 2, 2025 | $0.0416 | Dec 3, 2025 |