Russell Inv Investment Grade Bond R6 (RIGRX)
| Fund Assets | 1.02B |
| Expense Ratio | 0.38% |
| Min. Investment | $0.00 |
| Turnover | 82.00% |
| Dividend (ttm) | 0.98 |
| Dividend Yield | 5.38% |
| Dividend Growth | 11.10% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 2, 2026 |
| Previous Close | 18.13 |
| YTD Return | 0.70% |
| 1-Year Return | 3.79% |
| 5-Year Return | -1.84% |
| 52-Week Low | 17.92 |
| 52-Week High | 18.82 |
| Beta (5Y) | 0.07 |
| Holdings | 886 |
| Inception Date | Mar 1, 2016 |
About RIGRX
Russell Investment Grade Bond Fund Class R6 is an actively managed mutual fund that focuses on generating current income and preserving capital by investing primarily in investment grade fixed-income securities. The fund seeks to provide effective diversification against equity market risk and to maintain a stable level of cash flow, making it a core holding for investors seeking balanced portfolio exposure. By policy, at least 80% of its assets are allocated to investment grade bonds, including U.S. government, agency, corporate, and securitized debt, as well as select derivatives to help manage risk and pursue its return objectives. The fund maintains an intermediate average duration, often aligning its maturity structure closely with the Bloomberg U.S. Aggregate Bond Index, which it uses as a benchmark. Its portfolio is broadly diversified, featuring over 800 individual holdings across sectors such as government, corporate, and mortgage-backed securities, and emphasizes high credit quality. Russell Investment Grade Bond Fund Class R6 is especially notable for its cost efficiency, with expense ratios among the lowest in its peer group, and distributes income monthly, supporting consistent cash flow for investors. Launched in 2016, it is suited for those seeking a core fixed income solution within diversified investment strategies.
Performance
RIGRX had a total return of 3.79% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.86%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 2, 2026 | $0.0625 | Jun 3, 2026 |
| May 4, 2026 | $0.0702 | May 5, 2026 |
| Apr 2, 2026 | $0.0678 | Apr 6, 2026 |
| Mar 3, 2026 | $0.057 | Mar 4, 2026 |
| Feb 3, 2026 | $0.0406 | Feb 4, 2026 |
| Dec 17, 2025 | $0.2913 | Dec 18, 2025 |