Russell Investment Tax-Managed U.S. Large Cap Fund Class A (RTLAX)
| Fund Assets | 10.27B |
| Expense Ratio | 1.16% |
| Min. Investment | $0.00 |
| Turnover | 19.00% |
| Dividend (ttm) | 0.22 |
| Dividend Yield | 0.23% |
| Dividend Growth | -6.48% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 18, 2024 |
| Previous Close | 89.17 |
| YTD Return | 5.06% |
| 1-Year Return | 9.85% |
| 5-Year Return | 81.78% |
| 52-Week Low | 70.60 |
| 52-Week High | 89.94 |
| Beta (5Y) | n/a |
| Holdings | 405 |
| Inception Date | Jun 1, 2010 |
About RTLAX
The Russell Investments Tax-Managed U.S. Large Cap Fund Class A is a mutual fund designed to provide long-term capital growth while prioritizing tax efficiency for investors. This fund primarily invests in common stocks of large-capitalization U.S. companies, drawing heavily from sectors such as technology, consumer discretionary, and communication services. Its portfolio typically includes well-known equities like Microsoft, Apple, NVIDIA, and Amazon.com, with an investment style categorized as "large blend," which means it holds a mix of growth and value stocks across a wide range of industries. The fund employs a multi-manager approach overseen by Russell Investments, which incorporates asset allocation, manager selection, and active tax management with the intention of maximizing after-tax returns. The fund utilizes strategies such as tax-lot management and gain deferral to help minimize investors’ tax burden arising from distributions and portfolio activity. Its performance is benchmarked against the S&P 500 Index, reflecting its focus on capturing broad U.S. large-cap market exposure. This fund is often chosen by tax-sensitive investors seeking exposure to leading U.S. companies, while aiming to manage tax costs associated with equity investing.
Performance
RTLAX had a total return of 9.85% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.52%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FALCX | Fidelity | Fidelity Rutland Square Trust II - Strategic Advisers Large Cap Fund | 0.24% |
| FLCEX | Fidelity | Fidelity Large Cap Core Enhanced Index Fund | 0.39% |
| VQNPX | Vanguard | Vanguard Growth and Income Fund Investor Shares | 0.36% |
| FMGKX | Fidelity | Fidelity Magellan Fund - Class K | 0.40% |
| FMAGX | Fidelity | Fidelity Magellan Fund | 0.47% |
Top 10 Holdings
35.46% of assets| Name | Symbol | Weight |
|---|---|---|
| Microsoft Corporation | MSFT | 6.98% |
| NVIDIA Corporation | NVDA | 6.37% |
| Apple Inc. | AAPL | 5.55% |
| Amazon.com, Inc. | AMZN | 3.98% |
| Meta Platforms, Inc. | META | 3.35% |
| U.S. Cash Management Fund | n/a | 2.21% |
| Broadcom Inc. | AVGO | 1.97% |
| E-mini S&P 500 Future Sept 25 | n/a | 1.87% |
| Alphabet Inc. | GOOG | 1.80% |
| Mastercard Incorporated | MA | 1.38% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 18, 2024 | $0.2195 | Dec 19, 2024 |
| Dec 19, 2023 | $0.2347 | Dec 20, 2023 |
| Dec 16, 2022 | $0.193 | Dec 19, 2022 |
| Dec 18, 2020 | $0.1582 | Dec 21, 2020 |
| Dec 18, 2019 | $0.2794 | Dec 19, 2019 |
| Dec 19, 2018 | $0.2407 | Dec 20, 2018 |