Russell Investments Strategic Bond Fund Class A (RFDAX)
| Fund Assets | 1.95B |
| Expense Ratio | 0.83% |
| Min. Investment | $0.00 |
| Turnover | 91.00% |
| Dividend (ttm) | 0.37 |
| Dividend Yield | 3.86% |
| Dividend Growth | 25.09% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 2, 2025 |
| Previous Close | 9.09 |
| YTD Return | 4.68% |
| 1-Year Return | 1.90% |
| 5-Year Return | -7.02% |
| 52-Week Low | 8.80 |
| 52-Week High | 9.52 |
| Beta (5Y) | 0.22 |
| Holdings | 961 |
| Inception Date | Sep 2, 2008 |
About RFDAX
Russell Investments Strategic Bond Fund Class A is a mutual fund designed to deliver current income, with a secondary goal of capital appreciation. The fund primarily invests in a diversified portfolio of bonds, including the flexibility to allocate up to 25% of its assets to debt securities rated below investment grade, allowing for exposure to both investment-grade and high-yield markets. It holds a broad mix of fixed-income securities such as U.S. Treasury futures, Treasury bills, asset-backed securities, and mortgage-backed securities, reflecting its ability to look beyond traditional fixed income sectors in pursuit of return opportunities. This fund is notable for its significant asset base and monthly income distributions, catering to investors seeking regular payouts and diversified credit exposure. With more than 900 holdings and a focus on intermediate core-plus bond strategies, it provides broad diversification and the potential for returns in varied market environments. Its performance is measured against the Bloomberg U.S. Aggregate Bond Index, marking its position as a core bond holding within many investor portfolios.
Performance
RFDAX had a total return of 1.90% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.51%.
Top 10 Holdings
49.02% of assets| Name | Symbol | Weight |
|---|---|---|
| Ultra 10 Year US Treasury Note Future Sept 25 | n/a | 10.16% |
| 2 Year Treasury Note Future Sept 25 | n/a | 10.03% |
| U.S. Cash Management Fund | n/a | 5.52% |
| 5 Year Treasury Note Future Sept 25 | n/a | 5.47% |
| United States Treasury Bills 4.222% | B.0 07.31.25 | 4.64% |
| 10 Year Treasury Note Future Sept 25 | n/a | 3.76% |
| US Treasury Bond Future Sept 25 | n/a | 3.03% |
| Ultra US Treasury Bond Future Sept 25 | n/a | 2.99% |
| Eur250709 | n/a | 1.90% |
| Interest Rate Swap | n/a | 1.52% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 2, 2025 | $0.0281 | Jul 3, 2025 |
| Jun 3, 2025 | $0.0329 | Jun 4, 2025 |
| May 2, 2025 | $0.0253 | May 5, 2025 |
| Apr 2, 2025 | $0.0276 | Apr 3, 2025 |
| Mar 4, 2025 | $0.0244 | Mar 5, 2025 |
| Feb 4, 2025 | $0.0056 | Feb 5, 2025 |