Russell Investments Investment Grade Bond Fund Class M (RIWTX)
| Fund Assets | 1.01B |
| Expense Ratio | 0.41% |
| Min. Investment | $0.00 |
| Turnover | 77.00% |
| Dividend (ttm) | 0.88 |
| Dividend Yield | 4.80% |
| Dividend Growth | 25.37% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | n/a |
| Previous Close | 18.28 |
| YTD Return | 3.88% |
| 1-Year Return | 3.43% |
| 5-Year Return | -5.92% |
| 52-Week Low | 17.68 |
| 52-Week High | 19.06 |
| Beta (5Y) | n/a |
| Holdings | 832 |
| Inception Date | Mar 16, 2017 |
About RIWTX
Russell Investments Investment Grade Bond Fund Class M is a mutual fund specializing in investment-grade fixed income securities. Its primary purpose is to provide income and preserve capital by investing across a broad spectrum of high-quality bonds. The fund primarily allocates assets to U.S. Treasury securities, corporate bonds, mortgage-backed securities, and other debt instruments that meet investment-grade credit standards. Holdings reflect significant positions in U.S. Treasury bonds, securitized assets, and corporate bonds from issuers across various industries, such as financials, healthcare, and real estate. This approach enables the fund to offer broad diversification and manage interest rate and credit risks. By focusing on securities rated as investment grade, the fund seeks to maintain a balanced risk profile while aiming for steady returns. Russell Investments’ multi-manager strategy leverages its global investment expertise to identify opportunities within core bond markets, making this fund a noteworthy option for investors seeking stable exposure to high-credit-quality fixed income assets within their portfolios.
Performance
RIWTX had a total return of 3.43% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.34%.
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 | $0.0559 | Jul 3, 2025 |
| Jun 3, 2025 | $0.0653 | Jun 4, 2025 |
| May 2, 2025 | $0.0612 | May 5, 2025 |
| Apr 2, 2025 | $0.0613 | Apr 3, 2025 |
| Mar 4, 2025 | $0.0557 | Mar 5, 2025 |
| Feb 4, 2025 | $0.0209 | Feb 5, 2025 |