Russell Investments Investment Grade Bond Fund Class S (RFATX)
| Fund Assets | 1.01B |
| Expense Ratio | 0.51% |
| Min. Investment | $0.00 |
| Turnover | 77.00% |
| Dividend (ttm) | 0.86 |
| Dividend Yield | 4.69% |
| Dividend Growth | 25.94% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 2, 2025 |
| Previous Close | 18.27 |
| YTD Return | 4.80% |
| 1-Year Return | 4.35% |
| 5-Year Return | -5.49% |
| 52-Week Low | 17.68 |
| 52-Week High | 19.05 |
| Beta (5Y) | n/a |
| Holdings | 832 |
| Inception Date | Oct 22, 2007 |
About RFATX
Russell Investments Investment Grade Bond Fund Class S is a U.S.-domiciled mutual fund focused on providing current income and capital preservation by investing primarily in investment grade fixed-income securities. Designed as an intermediate core-plus bond fund, it maintains a diversified portfolio that typically holds at least 80% of its assets in high-quality bonds, including U.S. Treasuries, agency securities, corporate debt, and securitized instruments. The fund targets a moderate level of credit and interest rate risk, with an effective duration of around six years, and seeks to deliver returns that offer diversification benefits relative to equities. Managed by Russell Investments’ experienced fixed-income team, it aims to track benchmark indices like the Bloomberg U.S. Aggregate Bond Index with a weighted average maturity generally under ten years. The fund's substantial asset base and cost-effective structure position it as a significant player within the investment grade bond fund segment, making it a tool for investors seeking steady income and stability in balanced portfolios.
Performance
RFATX had a total return of 4.35% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.88%.
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
33.66% of assets| Name | Symbol | Weight |
|---|---|---|
| Ultra 10 Year US Treasury Note Future Sept 25 | n/a | 10.88% |
| U.S. Cash Management Fund | n/a | 6.46% |
| 10 Year Treasury Note Future Sept 25 | n/a | 4.43% |
| 2 Year Treasury Note Future Sept 25 | n/a | 4.12% |
| 5 Year Treasury Note Future Sept 25 | n/a | 2.32% |
| Ultra US Treasury Bond Future Sept 25 | n/a | 1.98% |
| United States Treasury Notes 4.375% | T.4.375 07.31.26 | 0.90% |
| US Treasury Bond Future Sept 25 | n/a | 0.90% |
| Government National Mortgage Association 5.5% | G2SF.5.5 6.11 | 0.85% |
| Government National Mortgage Association 6% | G2.MB0367 | 0.82% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 2, 2025 | $0.0545 | Jul 3, 2025 |
| Jun 3, 2025 | $0.0636 | Jun 4, 2025 |
| May 2, 2025 | $0.0596 | May 5, 2025 |
| Apr 2, 2025 | $0.0598 | Apr 3, 2025 |
| Mar 4, 2025 | $0.0543 | Mar 5, 2025 |
| Feb 4, 2025 | $0.0198 | Feb 5, 2025 |