Russell Investments Investment Grade Bond Fund (RFACX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
17.63
-0.03 (-0.17%)
At close: Jul 8, 2026
Fund Assets1.02B
Expense Ratio1.55%
Min. Investment$0.00
Turnover82.00%
Dividend (ttm)0.77
Dividend Yield4.38%
Dividend Growth15.45%
Payout FrequencyMonthly
Ex-Dividend DateJul 2, 2026
Previous Close17.66
YTD Return-0.50%
1-Year Return2.69%
5-Year Return-8.93%
52-Week Low17.55
52-Week High18.44
Beta (5Y)0.24
Holdings886
Inception DateOct 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.

Fund Family Russell
Category Intermediate Core Bond
Performance Rating Low
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol RFACX
Share Class Class C
Index Bloomberg U.S. Aggregate Bond TR

Performance

RFACX had a total return of 2.69% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.90%.

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 Bond Fund0.29%
FGBCXFidelityFidelity Advisor Investment Gr Bd C1.52%
FGBTXFidelityFidelity Advisor Investment Gr Bd M0.74%
FTKFXFidelityFidelity Total Bond K6 Fund0.30%

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%

Dividend History

Ex-DividendAmountPay Date
Jul 2, 2026$0.0449Jul 6, 2026
Jun 2, 2026$0.0459Jun 3, 2026
May 4, 2026$0.0508May 5, 2026
Apr 2, 2026$0.0504Apr 6, 2026
Mar 3, 2026$0.0406Mar 4, 2026
Feb 3, 2026$0.0297Feb 4, 2026
Full Dividend History