Global Opportunistic Credit Fund - Class S
Expanding the fixed income opportunity for investors.
Seeks to provide total return.
Effective September 15th, 2017, Class T Shares were redesignated as Class M Shares.
- Fund invests principally in high yield debt and emerging market debt securities, but may also invest in various tactical fixed income related opportunities.
- The Fund can be utilized as a diversifying and potentially return enhancing component in a U.S. focused fixed income strategy or a diversifying component in a growth oriented equity or multi-asset class strategy.
- Captures expanding and evolving global credit investment opportunities created by the economic globalization trend.
Growth of hypothetical $10,000 (since inception)
As of 01/31/2018
|9/30/2010 12:00:00 AM||10000|
|10/31/2010 12:00:00 AM||10090|
|11/30/2010 12:00:00 AM||9910|
|12/31/2010 12:00:00 AM||10046.375|
|1/31/2011 12:00:00 AM||10147.343|
|2/28/2011 12:00:00 AM||10238.215|
|3/31/2011 12:00:00 AM||10298.796|
|4/30/2011 12:00:00 AM||10440.152|
|5/31/2011 12:00:00 AM||10490.637|
|6/30/2011 12:00:00 AM||10450.249|
|7/31/2011 12:00:00 AM||10561.315|
|8/31/2011 12:00:00 AM||10278.603|
|9/30/2011 12:00:00 AM||9844.438|
|10/31/2011 12:00:00 AM||10450.249|
|11/30/2011 12:00:00 AM||10228.118|
|12/31/2011 12:00:00 AM||10408.087|
|1/31/2012 12:00:00 AM||10752.868|
|2/29/2012 12:00:00 AM||11022.229|
|3/31/2012 12:00:00 AM||11043.778|
|4/30/2012 12:00:00 AM||11140.747|
|5/31/2012 12:00:00 AM||10936.033|
|6/30/2012 12:00:00 AM||11194.619|
|7/31/2012 12:00:00 AM||11477.679|
|8/31/2012 12:00:00 AM||11560.213|
|9/30/2012 12:00:00 AM||11753.655|
|10/31/2012 12:00:00 AM||11847.811|
|11/30/2012 12:00:00 AM||11952.638|
|12/31/2012 12:00:00 AM||12139.392|
|1/31/2013 12:00:00 AM||12208.893|
|2/28/2013 12:00:00 AM||12237.845|
|3/31/2013 12:00:00 AM||12260.596|
|4/30/2013 12:00:00 AM||12541.696|
|5/31/2013 12:00:00 AM||12265.663|
|6/30/2013 12:00:00 AM||11854.077|
|7/31/2013 12:00:00 AM||11979.038|
|8/31/2013 12:00:00 AM||11767.921|
|9/30/2013 12:00:00 AM||12025.832|
|10/31/2013 12:00:00 AM||12285.411|
|11/30/2013 12:00:00 AM||12161.681|
|12/31/2013 12:00:00 AM||12194.99|
|1/31/2014 12:00:00 AM||12108.936|
|2/28/2014 12:00:00 AM||12372.99|
|3/31/2014 12:00:00 AM||12488.463|
|4/30/2014 12:00:00 AM||12588.274|
|5/31/2014 12:00:00 AM||12793.839|
|6/30/2014 12:00:00 AM||12853.332|
|7/31/2014 12:00:00 AM||12762.906|
|8/31/2014 12:00:00 AM||12863.137|
|9/30/2014 12:00:00 AM||12547.844|
|10/31/2014 12:00:00 AM||12704.543|
|11/30/2014 12:00:00 AM||12663.701|
|12/31/2014 12:00:00 AM||12332.625|
|1/31/2015 12:00:00 AM||12384.882|
|2/28/2015 12:00:00 AM||12570.218|
|3/31/2015 12:00:00 AM||12477.476|
|4/30/2015 12:00:00 AM||12691.972|
|5/31/2015 12:00:00 AM||12618.488|
|6/30/2015 12:00:00 AM||12444.514|
|7/31/2015 12:00:00 AM||12404.654|
|8/31/2015 12:00:00 AM||12211.422|
|9/30/2015 12:00:00 AM||11972.711|
|10/31/2015 12:00:00 AM||12309.402|
|11/30/2015 12:00:00 AM||12217.969|
|12/31/2015 12:00:00 AM||11954.021|
|1/31/2016 12:00:00 AM||11872.517|
|2/29/2016 12:00:00 AM||11971.286|
|3/31/2016 12:00:00 AM||12506.784|
|4/30/2016 12:00:00 AM||12790.201|
|5/31/2016 12:00:00 AM||12706.019|
|6/30/2016 12:00:00 AM||13017.718|
|7/31/2016 12:00:00 AM||13299.816|
|8/31/2016 12:00:00 AM||13456.682|
|9/30/2016 12:00:00 AM||13584.824|
|10/31/2016 12:00:00 AM||13546.404|
|11/30/2016 12:00:00 AM||13164.234|
|12/31/2016 12:00:00 AM||13332.035|
|1/31/2017 12:00:00 AM||13559.447|
|2/28/2017 12:00:00 AM||13756.666|
|3/31/2017 12:00:00 AM||13835.723|
|4/30/2017 12:00:00 AM||14057.018|
|5/31/2017 12:00:00 AM||14210.277|
|6/30/2017 12:00:00 AM||14181.627|
|7/31/2017 12:00:00 AM||14378.041|
|8/31/2017 12:00:00 AM||14489.662|
|9/30/2017 12:00:00 AM||14548.946|
|10/31/2017 12:00:00 AM||14581.507|
|11/30/2017 12:00:00 AM||14567.533|
|12/31/2017 12:00:00 AM||14632.843|
|1/31/2018 12:00:00 AM||14825.967|
|Ex-Date||Income Dividend||Capital Gains - Short Term||Capital Gains - Long Term|
Performance information is historical and does not guarantee future results. Investment return and principal value will fluctuate so that redeemed shares may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. Current to the most recent month-end performance for Russell Investment Company mutual funds is available by visiting: https://russellinvestments.com/us/funds/performance-prices
Holdings, sector weights, and quality ratings (where applicable) are share class agnostic.
Top 10 Holdings✝
As of 01/31/2018
|Goldman Sachs Cash Collateral on Swaps 0.000%||0.81%|
|United States Treasury Bills 1.067% 22-Feb-2018||0.80%|
|Ukreximbank Via Biz Finance PLC 8.452% 9-Feb-2023||0.56%|
|Coveris Holdings SA 7.875% 1-Nov-2019||0.47%|
|Brazil Letras do Tesouro Nacional 11.363% 1-Jan-2||0.47%|
|Poland Government International Bond 3.250% 25-Jul||0.46%|
|Argentine Republic Government International Bond 1||0.46%|
|Peruvian Government International Bond 8.750% 21-N||0.43%|
|Brazil Notas do Tesouro Nacional 10.000% 1-Jan-20||0.41%|
|Evergreen Skills Lux Sarl 2nd Lien Term Loan 9.492||0.39%|
As of 12/31/2017
|Investment Grade Credit||5.34%|
|Emerging Markets Debt||30.38%|
|Net Cash & Equivalents||12.68%|
As of 12/31/2017
|Country of risk % NAV||Fund||Benchmark||Active|
|Currency exposure (%)||Fund||Benchmark||Active|
|South African Rand||1.86||0.00||1.86|
†The top ten holdings list excludes shares of the investment vehicles in which the Fund invests its cash. The % of Portfolio value is subject to change.
✻Sector allocations and credit quality exposures may not equal 100 percent as a result of the fund's use of certain financial instruments such as futures, forwards, options, swaps and when issued transactions or forward commitments. Managers utilize these instruments as a substitute for holding securities directly, for hedging purposes, to take a net short position in certain markets or to adjust the interest rate sensitivity and duration of the portfolio. In the event short positions are created, they may be reflected as negative weightings in sector allocations and credit quality exposures.
ƩThe sum of the debt instrument quality ratings is based upon the Barclays index methodology, which reflects the ratings of S&P and Moody's such that if both S&P and Moody's rate an instrument, the lower of the two ratings is used, and if only one rates the instrument, that rating is used. If the debt instrument has not been rated by any of these two ratings agencies, the security is classified as "Unrated."
**Country of Risk is determined by Russell Investments and is intended to represent the country specific risk of the issuers in which the Fund invests.This determination may be based upon several factors, including the country of an issuer's incorporation, where an issuer's revenues are generated and where an issuer's production and/or employees are located.
§ Currency exposure represents the percentage of the Fund's net asset value denominated in each respective currency. Positive values represent net long positions and negative values represent net short positions.
Fund objectives, risks, charges and expenses should be carefully considered before investing. A summary prospectus, if available, or a prospectus containing this and other important information can be obtained by calling 800-787-7354 or by visiting the prospectus and reports page to download one. Please read the prospectus carefully before investing.
Please remember that all investments carry some level of risk, including the potential loss of principal invested. They do not typically grow at an even rate of return and may experience negative growth. As with any type of portfolio structuring, attempting to reduce risk and increase return could, at certain times, unintentionally reduce returns.
Diversification and multi-asset solutions do not assure a profit and do not protect against loss in declining markets.
Securities products and services offered through Russell Investments Financial Services, LLC, member FINRA, part of Russell Investments.
For information on the Financial Industry Regulatory Authority, go to www.finra.org.