Russell Investment Tax-Managed U.S. Mid & Small Cap Fund Class M (RTOUX)
| Fund Assets | 1.56B |
| Expense Ratio | 1.11% |
| Min. Investment | $0.00 |
| Turnover | 49.00% |
| Dividend (ttm) | 0.34 |
| Dividend Yield | 0.82% |
| Dividend Growth | 347.63% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 18, 2024 |
| Previous Close | 41.10 |
| YTD Return | -0.38% |
| 1-Year Return | 6.45% |
| 5-Year Return | 60.04% |
| 52-Week Low | 33.07 |
| 52-Week High | 45.88 |
| Beta (5Y) | n/a |
| Holdings | 827 |
| Inception Date | Mar 16, 2017 |
About RTOUX
The Russell Investment Tax-Managed U.S. Mid & Small Cap Fund Class M is an actively managed mutual fund that focuses on mid- and small-cap U.S. equities. Its primary objective is to help tax-sensitive investors maximize after-tax returns through strategic portfolio management and careful tax-loss harvesting techniques. The fund employs a small blend investment style, targeting a diversified mix of companies across various industries, including technology, industrials, financial services, healthcare, and consumer sectors. It is well diversified, with no single holding dominating the portfolio and a relatively low concentration in its top ten positions. The fund is structured to minimize taxable distributions while still seeking capital appreciation, making it especially relevant for investors concerned about the tax implications of their investments. With a substantial asset base and a moderate turnover rate, it plays a significant role in offering exposure to the U.S. mid and small-cap market segment within a tax-aware framework. The fund’s impact extends to environmental, social, and governance considerations, as it holds positions across sectors with varying sustainability profiles and has notable investments in industries like technology, financials, and industrials.
Performance
RTOUX had a total return of 6.45% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.04%.
Top 10 Holdings
9.36% of assets| Name | Symbol | Weight |
|---|---|---|
| U.S. Cash Management Fund | n/a | 2.63% |
| E-mini Russell 2000 Index Future June 25 | n/a | 2.30% |
| Kyndryl Holdings, Inc. | KD | 0.82% |
| Fair Isaac Corporation | FICO | 0.56% |
| MSC Industrial Direct Co., Inc. | MSM | 0.53% |
| APi Group Corporation | APG | 0.53% |
| Houlihan Lokey, Inc. | HLI | 0.52% |
| PotlatchDeltic Corporation | PCH | 0.51% |
| Casey's General Stores, Inc. | CASY | 0.49% |
| Vontier Corporation | VNT | 0.46% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 18, 2024 | $0.3393 | Dec 19, 2024 |
| Dec 19, 2023 | $0.0758 | Dec 20, 2023 |
| Dec 16, 2022 | $0.1191 | Dec 19, 2022 |
| Dec 17, 2021 | $0.042 | Dec 20, 2021 |
| Dec 18, 2020 | $0.1541 | Dec 21, 2020 |
| Dec 18, 2019 | $0.1223 | Dec 19, 2019 |