About RTSSX
The Russell Tax-Managed U.S. Mid & Small Cap Fund is an open-end mutual fund designed to provide long-term capital growth on an after-tax basis. Focusing on tax-sensitive investors, the fund principally invests in common stocks of U.S. companies with medium and small capitalizations, as defined by the market capitalization range of the Russell 2500 Index. By employing both fundamental and quantitative analysis, the fund aims to capture growth and value opportunities across a diverse set of sectors, including financial services, industrials, consumer discretionary, health care, and technology.
The fund adopts a multi-manager approach, allocating assets to several investment managers and overlaying active tax management strategies that include tax-loss harvesting, gain deferral, and tax-lot management to enhance after-tax returns. Its portfolio is broadly diversified, typically holding hundreds of positions, and is benchmarked primarily to the Russell 2500 and, secondarily, the Russell 3000 Index. Established in 1999, the fund plays a significant role for investors seeking exposure to smaller U.S. companies with a focus on after-tax performance, making it a distinctive choice among small blend mutual funds in the marketplace.
Fund Family Russell
Category Small Blend
Performance Rating Below Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol RTSSX
Share Class Class S
Index Russell 2500 TR
RTSSX had a total return of 12.73% in the past year, including dividends. Since the fund's
inception, the average annual return has been 6.86%.
