Russell Investments Global Equity Fund Class M (RGDTX)
| Fund Assets | 1.98B |
| Expense Ratio | 0.88% |
| Min. Investment | $0.00 |
| Turnover | 47.00% |
| Dividend (ttm) | 0.75 |
| Dividend Yield | 6.79% |
| Dividend Growth | 506.57% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 18, 2024 |
| Previous Close | 11.01 |
| YTD Return | 9.90% |
| 1-Year Return | 13.16% |
| 5-Year Return | 89.52% |
| 52-Week Low | 8.80 |
| 52-Week High | 11.16 |
| Beta (5Y) | n/a |
| Holdings | 628 |
| Inception Date | Mar 16, 2017 |
About RGDTX
The Russell Investments Global Equity Fund Class M is a diversified mutual fund designed to achieve long-term capital growth by investing in equities of companies located across developed and emerging markets globally. The fund primarily allocates its assets to common stocks, convertibles, and warrants traded on major regulated markets, delivering broad exposure to global equity opportunities. A distinctive aspect of this fund is its explicit focus on reducing carbon exposure relative to its benchmark, the MSCI World Index, aligning with contemporary environmental objectives in asset management. Managed by Russell Investments, the fund employs a multi-strategy approach, leveraging the expertise of various investment managers to construct a portfolio that spans sectors such as technology, consumer services, and healthcare. Notable holdings have included leading technology firms like Microsoft, Apple, and NVIDIA. The fund’s risk-return profile and ongoing charges are in line with peers in the global large-cap blend equity category, making it a significant option for investors seeking geographically diversified equity exposure while mindful of sustainability considerations.
Performance
RGDTX had a total return of 13.16% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.20%.
Top 10 Holdings
24.05% of assets| Name | Symbol | Weight |
|---|---|---|
| U.S. Cash Management Fund | n/a | 5.16% |
| Apple Inc. | AAPL | 2.53% |
| Microsoft Corporation | MSFT | 2.51% |
| Meta Platforms, Inc. | META | 2.42% |
| Us Dollar | n/a | 2.38% |
| Alphabet Inc. | GOOG | 2.16% |
| Amazon.com, Inc. | AMZN | 2.03% |
| Taiwan Semiconductor Manufacturing Company Limited | TSM | 1.97% |
| NVIDIA Corporation | NVDA | 1.60% |
| Broadcom Inc. | AVGO | 1.30% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 18, 2024 | $0.7479 | Dec 19, 2024 |
| Dec 19, 2023 | $0.1233 | Dec 20, 2023 |
| Dec 16, 2022 | $0.1591 | Dec 19, 2022 |
| Dec 17, 2021 | $0.6665 | Dec 20, 2021 |
| Dec 18, 2020 | $2.4606 | Dec 21, 2020 |
| Dec 18, 2019 | $1.2698 | Dec 19, 2019 |